Transjamaican Highway accounted for 37 percent of the value of trades on the Jamaica Stock Exchange Main Market on Monday, helping to push the value of trading on the market, jumping 42 percent and the volume of stocks traded and a 27 percent fall in volume from Friday. Investors exchanged 63 securities, up from 59 on Friday, with prices of 28 rising, 14 declining and 21 ending unchanged.
The market closed following an exchange of 11,019,058 shares valued at $122,083,482, up from 15,074,139 units at $85,730,529 on Friday.
Trading ended with an average of 174,906 shares with a value of $1,937,833, versus 255,494 stock units at $1,453,060 on Friday and for the month to date, an average of 218,428 units at $1,942,169, down from 228,049 shares at $1,943,127 on the previous day and May with an average of 328,145 stock units at $2,328,972.
Transjamaican Highway led trading with 6.38 million shares for 57.9 percent of total volume, followed by Supreme Ventures with 1.98 million units for 18 percent of the day’s trade and Transjamaican Highway 8% with 245,600 stocks for 2.2 percent of the volume traded.
The All Jamaican Composite Index gained 3,562.00 points to end at 399,649.73, the JSE Main Index climbed 2,430.47 points to 338,580.40 and the JSE Financial Index rallied 0.66 points to 64.17. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.2. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, AS Bryden climbed by $2.25 to $25.75 after a transfer of 50 shares, Barita Investments declined 66 cents to $68.01 after an exchange of 2,033 stocks, Caribbean Cement rose $1.15 to end at $105.45 after an exchange of 28,323 shares. Carreras rallied 95 cents to finish at $23.95 following trading of 191,381 stocks, General Accident popped $1.30 to finish at $9.28 with 81,741 stock units passing through the market, but with most trades taking place around $8, JMMB Group gained 85 cents to end at $15.35 with a transfer of 79,383 stocks. Kingston Wharves increased 48 cents to $35.50 with 93,536 units crossing the market, Mayberry Group rallied $1.38 in closing at $6.41 after an exchange of 622 shares, MPC Caribbean Clean Energy popped $3.65 to finish at $40.15 with 26 stock units changing hands. NCB Financial advanced 45 cents and ended at $52, following trading of 123,311 shares,
Pan Jamaica sank 48 cents to close at $45.50 with 40,293 stock units crossing the market, Proven Investments rose 97 cents to end at $12 with investors trading 10,501 units. Supreme Ventures rallied 50 cents in closing at $17.20 after an exchange of 1,978,753 stock units and West Indies Petroleum increased 94 cents to $9 with investors dealing in 8,530 shares.
In the preference segment, Jamaica Public Service 7% climbed $3.97 to end at $39.37 in an exchange of 122 stocks, 138 Student Living preference share gained $42.64 to finish at $232.64 with investors trading 158 units, Productive Business Solutions 10.5% slipped $29.78 and ended at $1,130 with 171 stock units crossing the exchange and Sygnus Credit Investments C10.5% popped $1.85 to close at $102.85 in switching ownership of 612 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.