Trading volume climbs on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market index climbed on Monday, with the volume of stocks traded jumping 44 percent, with a 22 percent lower value than on Friday, following activities in 59 securities, up from 55 on Friday, with prices of 18 rising, 26 declining and 15 ending unchanged.

The market closed with 7,001,365 shares trading for $53,652,770, compared with 4,863,576 stock units at $68,352,713 on Friday.
Trading ended with an average of 118,667 shares at $909,369, from 88,429 stocks at $1,242,777 on Friday and month to date, an average of 141,647 stocks worth $1,211,425, which is in line with 143,241 shares at $1,232,367 on the previous day and lower than May with an average of 245,284 stock units at $2,050,773.
Wigton Energy led trading with 1.55 million shares for 22.1 percent of total volume, followed by Transjamaican Highway, with 1.21 million stock units for 17.3 percent of the day’s trade and QWI Investments with 559,163 stocks for 8 percent of the volume traded.
The All Jamaican Composite Index advanced 2,037.74 points to wrap up trading at 361,208.46, the JSE Main Index increased 1,513.55 points to 312,804.10 and the JSE Financial Index gained 0.77 points to end at 65.30. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended with an average PE Ratio of 13.3. The JSE Main and the 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 the market, AS Bryden dipped $2 and ended at $25 with an exchange of 1,815 shares, Barita Investments lost 68 cents to $70.29 with 10,542 stock units changing hands, Caribbean Producers slipped 49 cents to $8 with investors trading 7,806 shares. Eppley Caribbean Property Fund rose $2.68 to $42.68 with trading in 40 stocks, GraceKennedy sank $1.68 to close at $72.11 after an exchange of 17,014 units, Jamaica Broilers rallied 93 cents to end at $24.93 with investors trading 15,525 stocks. Kingston Wharves fell 75 cents in closing at $31.25 with 2,630 shares crossing the market, Margaritaville popped 99 cents to $13.35 after trading 8 units, Massy Holdings sank 50 cents to finish at $77 with a transfer of 18,017 stock units. Mayberry Jamaican Equities climbed 74 cents and ended at $10.99 with investors swapping 251 shares, NCB Financial skidded $2.49 to end at $40.51 in an exchange of 421,291 units, Pan Jamaica increased 50 cents to close at $51.50 with 3,765 stocks crossing the market. Proven Investments advanced $1.57 to $17.68 after an exchange of 1,308 stock units, Sagicor Group gained $2 to end at $42 as 3,933 shares passed through the market, Salada Foods declined 45 cents to a 52 week low of $2.85 in an exchange of 11,000 units. Scotia Group rose 69 cents to close at $53.19 with investors dealing in 51,841 stocks, Seprod advanced $2.81 to finish at $77.99 with 2,457 stock units crossing the exchange and Stanley Motta shed 60 cents and ended at $6.28 with 40,133 shares switching owners.
In the preference segment, 138 Student Living preference share popped $29.24 to $224.24 as investors exchanged just 7 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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