Trading slips on the JSE Main Market


Stocks mostly fell on The Jamaica Stock Exchange Main Market on Monday, following a 13 percent slip in the volume of stocks traded, with the value 3 percent lower than on Friday and resulting in trading of 58 securities compared with 57 on Friday, with prices of 18 rising, 25 declining and 15 ending unchanged.

The market closed with 5,165,643 shares trading for $32,043,934, down from just 5,920,137 stock units at $33,057,831 on Friday.
Trading averaged 89,063 shares at $552,482, down from 103,862 stocks at $579,962 on Friday and month to date, an average of 144,331 units worth $1,269,968, dropping from 149,868 shares at $1,341,841 on the previous day, compared to May with an average of 245,284 stocks at $2,050,773.
Transjamaican Highway led trading with 1.44 million shares for 27.8 percent of total volume, followed by JMMB 9.5% with 813,243 units for 15.7 percent of the day’s trade and Wigton Energy with 746,964 stocks for 14.5 percent of the volume traded.
The All Jamaican Composite Index shed 4,038.66 points to conclude trading at 358,666.32, the JSE Main Index sank 2,500.31 points to end at 311,327.83 and the JSE Financial Index dipped 0.24 points to close at 64.75. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 13.1. The JSE Main and the USD Market PEs are based on last traded prices and earnings projected by ICInsider.com for companies whose financial year ends around August 2025.
At the close of the market, AS Bryden rose 70 cents in closing at $26 after trading 136 shares, Barita Investments climbed 76 cents to $70.79 with investors exchanging 1,366 stock units, Caribbean Cement slipped 50 cents to end at $81 with an exchange of 10,691 shares. Caribbean Producers popped 73 cents to close at $8.75, with 1,434 stocks being traded, Carreras slipped 68 cents and ended at $15.31 with a transfer of 591,338 units, Jamaica Broilers declined $1.82 to finish at a 52 week low of $24 as investors traded 48,031 stocks. Jamaica Producers shed 50 cents to $22.50 in an exchange of 73,438 shares, Jamaica Stock Exchange dropped 60 cents in closing at $12.30 with 12,010 stock units crossing the market, JMMB Group gained 47 cents to end at $20.50, with investors trading 1,366 units. Kingston Wharves fell $1.98 and ended at $31 after an exchange of 29,217 shares, Lasco Distributors skidded 63 cents to finish at 52 week low of $3 with investors swapping 302,697 stock units, Mayberry Group sank 78 cents to close at $6.54 in an exchange of 4,469 units. Pan Jamaica lost $1.35 in closing at $50.65 with investors trading 32,898 stocks, Scotia Group dipped 50 cents to end at $54 after traders exchanged 42,129 shares, Seprod sank $1.75 in closing at $78 with 2,851 stocks crossing the market. Sygnus Credit Investments dropped 57 cents to finish at $11.53 with traders dealing in 15,103 units and Wisynco Group increased 41 cents and ended at $21.40 as investors exchanged 12,910 stock units.
In the preference segment, 138 Student Living preference share advanced $35.50 to close at $230 with 41 shares switching ownership and Sygnus Credit Investments C10.5% lost 50 cents to $100 as 1,500 units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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