Trading surges on the JSE Main Market


Recent listing, West Indies Petroleum, traded at a new high as the price doubled to $1 from its listed price of 50 cents, on a day when trading jumped sharply on the Jamaica Stock Exchange Main Market on Monday, with Supreme Ventures and GraceKennedy accounting for 31 million shares and 77 percent of the volume traded. At the close, the number of shares traded climbed 750 percent, with the value surging 1,419 percent over last Wednesday.

Trading resulted in 64 securities changing hands compared with 63 on Wednesday, ending with prices of 29 rising, 18 declining and 17 unchanged, leading to gains in the major indices of the market.
Trading closed with an exchange of 40,517,832 shares trading for $1,134,826,991, versus 4,775,830 stock units at $74,688,010 on Wednesday.
Trading averaged 633,091 shares at $17,696,506, well above the 75,807 stock units at $1,185,524 on Wednesday and month to date, an average of 278,670 units at $3,626,900, up from 256,859 shares at $2,758,955 on the previous day, versus November with an average of 279,326 stock units at $1,890,583.
Supreme Ventures led trading with 20.88 million for 51.4 percent of total volume, followed by GraceKennedy, which ended with 10.11 million stocks for 24.9 percent of the day’s trade and Transjamaican Highway with 3.04 million units for 7.5 percent of stocks that were traded.
The All Jamaican Composite Index advanced 551.36 points to conclude trading at 363,310.52, the JSE Main Index advanced 833.59 points to finish at 316,034.39 and the JSE Financial Index climbed 0.18 points to 63.68. At the close, the Investor’s Choice bid-offer indicator shows 12 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 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their fiscal year ending around August 2026.
At the close of the market, AS Bryden advanced $4.38 to close at $33.36 after trading of 10,326 shares, Caribbean Cement shed $6 to $108 with investors dealing in 49,884 stocks, Eppley popped $2.40 to end at $33.50, with 670 shares crossing the market. GraceKennedy sank $2.89 in closing at $70 with investors swapping 10,108,107 units, Guardian Holdings increased $5 to finish at $345 with a transfer of 1,559 stocks, Jamaica Broilers climbed 65 cents and ended at $17.50 after trading of 6,226 shares. Jamaica Producers rose $1.35 to $24.50, with 404,407 stocks changing hands, Jamaica Stock Exchange rallied $1.37 and ended at $11.90 after an exchange of 102,206 units, JMMB Group gained $1.01 to end at $19 with an exchange of 572,155 stock units. Kingston Properties popped 41 cents in closing at $9.46 in trading 12,593 shares, Kingston Wharves dropped $4.02 to close at $29.98, with traders dealing in 22,825 stock units, Margaritaville shed $2.46 to finish at $11.54, with 90 stocks crossing the exchange. Massy Holdings rallied 99 cents and ended at $75.99 in trading 3,393 stock units, MPC Caribbean Clean Energy rose $3 to $45, after 351 shares passed through the market, Pan Jamaica gained $6 to finish at $52 in switching ownership of 190,722 units. Sagicor Real Estate Fund advanced 73 cents to close at $7.63 with trading of 940 stocks, Scotia Group sank 70 cents to end at $53.50 with an exchange of 55,923 units, Stanley Motta increased 94 cents in closing at $7.14, with 54 shares crossing the market. Supreme Ventures climbed 40 cents to $16.40 as investors exchanged 20,876,062 stocks, Sygnus Credit Investments popped $1.35 to close at $13 with 321,954 units clearing the market and Sygnus Real Estate Finance dipped $2.75 to finish at $11.25 after an exchange of 3,584 stock units.
In the preference segment, Jamaica Public Service 9.5% dived $389.85 and ended at $2209.15 with investors trading 15 shares, 138 Student Living preference share gained $5 in closing at $220 after a transfer of 168 stocks, Productive Business Solutions 10.5% declined $20 to end at $1,130 after trading of 123 units and Sygnus Credit Investments C10.5% rose $2 to $102 with a transfer of 1,091 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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