Trading slipped on JSE Main Market


In the Jamaica Stock Exchange Main Market activity on Thursday, the volume of stocks traded declined by 54 percent, with a 74 percent drop in value compared to Wednesday, as the Main Market Index slipped, after trading in 63 securities, after trading slipped from 61 on Wednesday, with prices of 25 rising, 21 declining and 17 ending unchanged.

The market closed with 14,404,352 shares being traded with a value of $116,400,565 after plunging from 31,352,045 stock units at a value of $440,141,748 on Wednesday.
Trading averaged 228,641 shares at an average value of $1,847,628 compared to 513,968 stock units at $7,215,438 on Wednesday.
Trading for the month to date,  ends with an average of 357,183 units at $3,797,541, dipping from 390,103 shares at $4,296,909 on the previous day and March with an average of 244,194 stock units at $3,119,428.
Transjamaican Highway led trading with 11.50 million shares for 79.8 percent of the total volume, followed by JMMB Group 7.35% – 2028, with 424,613 units for 2.9 percent of the day’s trade and Carreras with 371,042 stocks for 2.6 percent of the volume traded.
The All Jamaican Composite Index fell 1,730.52 points to wrap up trading at 399,351.31, the JSE Main Index shed 1,343.55 points to settle at 339,728.76 and the JSE Financial Index dipped 0.23 points to 62.92. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with the average PE Ratio of 20.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending around August 2026.
Trading closed with Caribbean Cement skidding $1.24 to close at $103.25 after the trading of 6,956 shares, General Accident gained 79 cents to close at $6.50 with 690 units clearing the market, Guardian Holdings sank $5 to end at $320 with investors dealing in 1,267 shares. Jamaica Producers declined $1.19 in closing at $22.51 after an exchange of 16,723 stocks, Jamaica Stock Exchange popped 65 cents to finish at $12.85 with 7,490 stock units passing through the market, Kingston Wharves sank 50 cents and ended at $37after traders swapped 3,809 shares. Lasco Manufacturing climbed 60 cents to $6.85 as investors exchanged 16,466 stock units, Margaritaville slipped 44 cents to close at $11.71 with 474 stocks crossing the market, Massy Holdings lost $2.10 and ended at $70.40 with investors trading 2,321 units. Mayberry Jamaican Equities increased 41 cents to finish at $7.46 with 1,005 shares crossing the exchange, MPC Caribbean Clean Energy dropped $11.99 in closing at $32.01 with traders dealing in 3 stock units, Portland JSX shed $1.25 to end at $8 after an exchange of 509 stock units. Proven Investments advanced 42 cents to $12.48 with investors swapping 392 units, Sagicor Group fell $2 and ended at $40 with an exchange of 261,574 shares, Sagicor Real Estate Fund dropped 70 cents in closing at $9.50 after trading of 11,812 units. Scotia Group rose 50 cents to close at $50.50 in switching ownership of 213,854 stocks, Seprod rallied $5.95 to end at $83.45 with investors trading 1,764 stock units, Supreme Ventures increased 46 cents to finish at $14.01 in an exchange of 97,232 shares and West Indies Petroleum popped $2.15 and ended at $11.15 with 30,682 stock units changing hands.
In the preference segment, Jamaica Public Service 9.5% gained $99 to $2,599 after a transfer of 4 stocks and Sygnus Credit Investments 10% rose $7.80 to close at $108 with 1,833 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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