Transjamaican big trade day

Transjamaican Highway ended the trading of 172 million shares to dominate market activity on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded in the overall market surging 998 percent, valued 307 percent more than on Friday, with trading in 57 securities down from 62 on Friday and ending with prices of 18 stocks rising, 24 declining and 15 ending unchanged.
The market closed with 176,820,638 shares trading for $563,186,691 well up from a total of 16,107,185 units at $138,294,154 on Friday.
Trading averaged 3,102,116 shares at $9,880,468 compared to 259,793 units at $2,230,551 on Friday and month to date, an average of 477,055 units at $2,121,121 compared with 167,265 units at $1,205,421 on the previous day and April that closed with an average of 680,802 units at $3,619,595.
Transjamaican Highway led trading with 172.15 million shares for 97.4 percent of total volume followed by Wigton Windfarm with 1.87 million units for 1.1 percent of the day’s trade and Carreras with 686,809 units for 0.4 percent market share.
The All Jamaican Composite Index increased 299.17 points to end the day at 356,495.76, the JSE Main Index climbed 718.15 points to 319,280.17 and the JSE Financial Index advanced 0.29 points to 68.13.
The Main Market ended trading with an average PE Ratio of 12.4. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments climbed 99 cents in closing at $71.03 after exchanging 10,688 shares, Berger Paints rose $1.46 to a 52 weeks’ high of $8.70 with investors swapping 1,003 stocks, following the release of solid first quarter results last week, Caribbean Producers advanced 80 cents to finish at $9 after 101,195 shares changed hands. Eppley popped $2.49 and ended at $39.50 as investors exchanged 10 stock units, General Accident sank 35 cents to close at $6.64 with 16,764 shares clearing the market, GraceKennedy dropped $2 to end at $74 with an exchange of 6,706 units. Kingston Properties lost $1.28 to $7.13, with 21,438 stocks crossing the market, Lasco Manufacturing fell 33 cents to finish at $5.14 with investors dealing in 31,861 stock units, NCB Financial gained 50 cents and ended at $64.50 with a transfer of 76,433 shares. Pan Jamaica rallied $1.80 to end at $47 after 2,944 stock units crossed the exchange, Portland JSX skidded $1.36 in closing at $7.69 in trading 8,987 stocks, Sagicor Group increased by 71 cents to close at $40.90 after 14,523 units passed through the market. Scotia Group climbed 65 cents to $43.15 in an exchange of 146,309 stocks, Seprod shed 98 cents to close at $76.02 with traders dealing in 9,579 units, Stanley Motta declined 90 cents and ended at $6.58 after an exchange of 1,023 shares. Sygnus Real Estate Finance dipped $1.36 to finish at $10.53 with investors trading 2,324 stock units and Wisynco Group slipped 50 cents to end at $20 after a transfer of 82,268 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.