Trading rises on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended Tuesday, with the volume of stocks rising 121 percent and the value 26 percent higher, compared to Monday, following trading in 61 securities compared with 60 on Monday, with prices of 17 rising, 28 declining and 16 ending unchanged.

The market closed with 20,075,573 shares trading for $216,289,202, compared with 9,077,498 stock units at $171,397,249 on Monday.
Trading averaged 329,108 shares for $3,545,725, up from 151,292 stocks at $2,856,621 on Monday. Trading for the month to date ends with an average of 231,749 units at $2,566,748, compared to 219,166 shares at $2,440,228 on Monday, with an average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 12.76 million shares for 63.6 percent of total volume, followed by Sagicor Select Financial Fund, with 2.29 million stocks for 11.4 percent of the day’s trade and Carreras with 1.23 million units for 6.1 percent of the day’s trade.
The All Jamaican Composite Index lost 6,139.28 points to end at 457,512.60, the JSE Main Index dipped 3,976.27 points to close at 382,368.97 and the JSE Financial Index shed 1.09 points to close trading at 75.66.
The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 235. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close, AS Bryden advanced $1.69 to close at $18.99 after an exchange of 654 stocks, Caribbean Cement lost 95 cents and ended at $113 with a transfer of 45,488 units, First Rock Real Estate shed 56 cents to finish at $7.34 crossing the exchange 1,677 shares. Guardian Holdings fell $2 in closing at $375 in switching ownership of 6,163 stock units, Jamaica Broilers skidded by 62 cents to end at $14 after a transfer of 970,735 shares, Jamaica Producers dropped $1.10 in closing at $19.90 with investors dealing in 28,200 stocks. Proven Investments rose 48 cents to end at $9.94 in an exchange of 16,444 units, Quantas Advantage climbed 60 cents and ended at $22.50 crossing the market 8,953 stock units, Sagicor Group fell by 90 cents to close at $42.50 with an exchange of 12,894 shares. Scotia Group dipped by $2 to finish at $70 in crossing the market with 288,949 stocks, Seprod slipped $1.98 and ended at $78.02, following trading of 128,657 shares, Supreme Ventures rose 65 cents to finish at $19.40 with investors trading 10,160 stock units and Sygnus Real Estate Finance popped 40 cents in closing at $7.90 closed at 8,027 shares.
In the preference segment, 138 Student Living preference share gained 41 cents to end at $229.29 with investors swapping 87 stock units.

Prices of securities trading are those for the last transaction.

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