Transjamaican dominant Main Market trade


Transjamaican Highway shares were in great demand on the Jamaica Stock Exchange Main Market on Wednesday driving up the volume of stocks trading well above Tuesday, with the stock price closing 22 cents higher, as the stock dominated trading with 6 million shares for 54.6 percent of total volume followed by Wigton Energy with 1.63 million units for 14.8 percent of the day’s trade and Wisynco Group with 942,658 stock units for 8.6 percent market share.

Trading ended with a 115 percent rise in the overall volume of stocks traded, valued at 27 percent more than on Tuesday, with trading down to 57 securities from 63 on Tuesday, resulting in prices of 17 rising, 20 declining and 20 ending unchanged.
The market closed with 11,023,371 shares trading for $84,659,076 up from 5,128,169 stock units valued at  $66,428,387 on Tuesday.
Trading averaged 193,392 shares at $1,485,247 compared to 81,400 stocks at $1,054,419 on Tuesday and for the month to date, an average of 726,510 units at $6,729,733 down from 768,832 shares at $7,146,078 on the previous day, with an average of 286,669 stock units at $2,555,172 in November
On a day with mostly moderate price changes, the All Jamaican Composite Index slipped a mere 154.90 points to end at 371,601.54, the JSE Main Index dipped 111.91 points to end at 323,575.90 and the JSE Financial Index inched 0.21 points lower to wrap up trading at 65.80. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and three with lower offers.

The Main Market ended trading with an average PE Ratio of 14.3. 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 the market, Barita Investments rallied $1.20 to close at $74.70 with investors swapping 268 shares, JMMB Group fell 29 cents to end at $21.21 with investors dealing in 31,983 stocks, Mayberry Jamaican Equities dropped 20 cents in closing at $9 after 20,088 shares passed through the market. Pan Jamaica sank $1.97 to $48.03 with a transfer of 1,978 shares, Proven Investments skidded $1.40 to end at $17.08 after an exchange of 6,012 units. Sagicor Group fell 53 cents in closing at $37.20 with investors trading 283,738 stocks, Scotia Group rose $1 to finish at $52.50 in an exchange of 35,169 units and Seprod gained 50 cents and ended at $85 with traders dealing in 6,766 shares, Supreme Ventures advanced 27 cents to $22.50 in an exchange of 38,783 shares and Transjamaican Highway rose 22 cents to close at $4.42 after 6,014,703 units were traded.
In the preference segment, Jamaica Public Service 9.5% dipped $65 to $2690 crossing the exchange of just 4 stock units and 138 Student Living preference share sank $26.70 to end at $300 with investors trading a mere 3 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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