Transjamaican Highway captured 56 percent of stocks trading on the Jamaica Stock Exchange Main Market, but trading closed with a 19 percent fall in the number of stocks traded at 40 percent lower value compared to Monday. Trading ended with activity in 59 securities down from 61 on Monday, with prices of 26 rising, 26 declining and seven ending unchanged.
The market closed with trading of 18,467,471 shares with valued at $241,065,021, in comparison with 22,808,177 stocks at $403,415,861 on Monday.
Trading on Tuesday ended with an average of 313,008 shares worth $4,085,848 compared with 373,905 stocks at $6,613,375 on Monday and month to date, an average of 343,964 stock units at $5,370,674 compared with an average of 294,201 stock units at $3,175,664 in July.
Transjamaican Highway led trading with 10.29 million shares for 55.7 percent of total volume, followed by Carreras with 1.51 million stocks for 8.2 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.37 million stock units for 7.4 percent of the volume traded and Wigton Energy with 1.05 million units for 5.7 percent of market share.
The All Jamaican Composite Index gained 2,439.96 points to close at 447,123.45, the JSE Main Index advanced 1,819.07 points to settle at 375,103.68 and the JSE Financial Index popped 0.58 points to wrap up trading at 70.18. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with the average PE Ratio at 15.4. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and forecasted earnings that for companies with the financial year ending around August 2026.
At the close of the day’s trading, AS Bryden fell 50 cents to $24.50 after an exchange of 3,815 stock units, Caribbean Cement skidded 70 cents and ended at $114 with 5,262 shares clearing the market, Carreras lost $1.02 to close at $35.48 with investors trading 1,513,412 units. Eppley gained 70 cents in closing at $31.30 with 9 stocks crossing the exchange, Eppley Caribbean Property Fund slipped $1.99 and ended at $42 with 3,528 shares changing hands, General Accident rose 79 cents to end at $9.04 with a mere 50 units changing hands. Guardian Holdings advanced $2 in closing at $367 after a transfer of 5,659 stocks, Jamaica Producers dropped $1.48 to $20.50 with 28,952 stock units crossing the market, JMMB Group shed 60 cents and ended at $14.30 with an exchange of 63,155 shares. Kingston Properties popped $1.05 to finish at $11.50 with 1,228 stock units passing through the market,
Kingston Wharves increased 76 cents to end at $34 with investors trading 24,830 units, Pan Jamaica declined $1.51 to close at $43.49 after an exchange of 8,252 stocks. Proven Investments climbed $1.09 to $9.90 in trading 18,689 shares, Sagicor Real Estate Fund rallied 50 cents and ended at $9 with a transfer of 597 stocks, Scotia Group increased 49 cents to close at $57.50 after trading of 34,390 units. Seprod dipped $1.50 in closing at $72.50 in an exchange of 16,979 stock units and Sygnus Real Estate Finance fell $2.11 to end at $7.39 with 2,104 shares crossing the market.
In the preference segment, 138 Student Living preference share dropped $37.23 to finish at $199.75 in an exchange of 11 units and Sygnus Credit Investments C10.5% lost $2.51 and ended at $103.99 with investors dealing in 893 stocks.Prices of securities trading are those of the last transaction.