Transjamaican corners JSE Main Market


Transjamaican Highway preferred stock accounted for 92 percent of the volume traded on the Jamaica Stock Exchange Main Market on Thursday, while the ordinary stock traded 3 percent for a total of 95 percent, helping to push the volume of stocks traded up 1,479 percent and the value 314 percent more than on Wednesday, following trading in 64 securities compared with 60 on Wednesday, with prices of 22 rising, 22 declining and 20 ending unchanged.

The market closed with 109,013,663 shares trading for $248,063,681 up from 6,904,205 stock units valued at $59,901,771 on Wednesday.
Trading averaged 1,703,338 shares at $3,875,995 compared to 115,070 stocks at $998,363 on Wednesday and trading for the month to date, an average of 469,371 stock units at $2,008,734 compared with 306,202 shares at $1,761,824 on the prior and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway 8% led trading with 100.07 million shares for 91.8 percent of total volume followed by JMMB Group 7.25% preference share due 2024 which ended with 3.59 million stocks for 3.3 percent of the day’s trade and Transjamaican Highway with 3.40 million stock units for 3.1 percent of the day’s volume.
The All Jamaican Composite Index climbed 1,489.03 points to 382,324.66, the JSE Main Index rose 932.79 points to 330,268.71 and the JSE Financial Index gained 0.21 points to end at 68.12. The Investor’s Choice bid-offer indicator shows 11 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 14.8. 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 on a day of increased trades, AS Bryden dropped by $1 and ended at a 52 weeks’ low of $29 with investors dealing in 5,769 units, Eppley rallied 80 cents to $34.30 in an exchange of just 2 stocks, Guardian Holdings increased 50 cents to finish at $304 with 219 shares passing through the market. JMMB Group climbed 47 cents to end at $21 in trading 30,169 stock units, Kingston Properties popped 52 cents in closing at $9.08 with 22 shares crossing the exchange, Kingston Wharves gained 95 cents to close at $30.95 with investors swapping 9,721 stocks. Margaritaville rose 48 cents to $14.68 after an exchange of a mere 3 units, Massy Holdings sank 90 cents and ended at $81 with 3,785 stock units crossing the market, NCB Financial dropped 59 cents to end at a 52 weeks’ low of $49.33 in an exchange of 60,599 shares. Proven Investments shed 61 cents in closing at $17.20 with 3,354 stock units clearing the market, Scotia Group advanced $2.39 to close at $58.39 after an exchange of 448,434 stocks and Supreme Ventures rose 50 cents to finish at $20.50 with 42,805 units crossing the market.
In the preference segment, Eppley 7.25% preference share fell $2.25 to $17 with investors trading 36 shares, Eppley 7.75% preference share skidded 58 cents to close at $19.41 with 100 units switching owners, Jamaica Public Service 7% climbed $4 to end at $44 with 6,605 stocks changing hands and 138 Student Living preference share sank $75 in closing at $255 with investors trading 35 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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