Trading surged on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded jumping 218 percent and the value 311 percent more than on Friday, with activity in 62 securities up from 56 on Friday, with prices of 27 rising, 22 declining and 13 ending unchanged.
The market closed with 18,751,570 shares trading for $240,793,065, up sharply from 5,891,703 stock units at $58,521,474 on Friday. Trading ended with an average of 302,445 shares at $3,883,759 compared to 105,209 stocks at $1,045,026 on Friday and for the month to date, an average of 259,833 stock units at $2,419,496 compared with 257,029 shares at $2,323,122 on the prior trading day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 7.54 million shares for 40.2 percent of total volume followed by Transjamaican Highway with 2.78 million stock units for 14.8 percent of the day’s trade, Sterling Investments ended with 1.65 million stock units for 8.8 percent market share, NCB Financial closed with 1.26 million stock units for 6.7 percent market share, Sagicor Select Financial Fund with 1.05 million stock units for 5.6 percent market share and JMMB Group 7.35% – 2028 with 1.02 million units for 5.4 percent of total volume.
The All Jamaican Composite Index climbed 2,988.94 points to close trading at 361,335.50, the JSE Main Index rallied 3,381.91 points to 315,355.90 and the JSE Financial Index inched 0.14 points higher to end the day at 63.89. The Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activity, AS Bryden increased $2.80 in closing at $33.90 after an exchange of just 4 stock units, Barita Investments popped 95 cents to $73.50 with 5,580 shares crossing the market, Berger Paints shed 91 cents and ended at $7.64 with an exchange of 740 stocks. Eppley gained 76 cents to finish at $32.88 after trading of 77 units, Eppley Caribbean Property Fund rose $2 to close at $33 after an exchange of 1,793 shares, First Rock Real Estate advanced 46 cents to end at $10.50 in trading 413 stock units. General Accident declined 84 cents to $5.56 after a transfer of a mere 931 units, GraceKennedy rallied $2.71 and ended at $76.80 with investors trading 536,075 stocks, Guardian Holdings climbed $13 in closing at $315 with 112,030 shares crossing the exchange. Jamaica Broilers rose $1.29 to finish at $36.50 with investors trading 10,571 stocks, Jamaica Producers climbed $1.50 to end at $22 in closing with 471,267 units changing hands, JMMB Group increased 60 cents to close at $22.20 with a transfer of 34,782 stock units.
Massy Holdings popped 90 cents to $78.90 with 68,448 shares changing hands, Mayberry Group fell 48 cents in closing at $7.50 with traders dealing in 1,239 stocks, Mayberry Jamaican Equities fell 44 cents to $9.50 in exchanging 357 units. NCB Financial lost $2.24 to finish at $50.50 with 1,257,953 stocks clearing the market, Pan Jamaica rallied $3.58 to $49.98 with investors swapping 861,180 shares, Portland JSX advanced 50 cents to end at $10.80 in switching ownership of 2 stock units. Sagicor Group sank $2 to $37 with investors dealing in 69,960 stocks, Stanley Motta gained 45 cents and ended at $6.95 with 19 units crossing the market and Supreme Ventures dipped 50 cents to end at $21.70 as investors exchanged 10,948 shares.
In the preference segment, Jamaica Public Service 7% popped $2.90 in closing at $43 after 660 stock units passed through the market and Sygnus Credit Investments C10.5% increased $2.99 to finish at $104.99 in an exchange of 5 stocks.
Securities prices are those for the last transaction of each stock unless otherwise stated.