Transjamaican grabs over ½ of JSE Trading


Transjamaican Highway dominated trading on the Jamaica Stock Exchange Main Market on Friday, accounting for more than half of the overall traded volume that declined by 23 percent at a 29 percent lower value than on Thursday, following trading in 62 securities compared with 61 on Thursday, with prices of 36 rising, 15 declining and 11 ending unchanged and sending the market averages sharply higher.

The market closed with 26,443,441 shares trading for $145,538,318, down from 34,545,700 stock units at $212,470,981 on Thursday.
Trading averaged 426,507 shares worth $2,347,392, after sliding from 566,323 stocks at $3,483,131 on Thursday and month to date, an average of 313,912 stock units at $2,109,981 compared to 307,601 shares at $2,096,672 on the prior day and August with an average of 286,418 stocks at $1,923,954.
Transjamaican Highway led trading with 15.0 million shares for 56.1 percent of total volume, followed by Wigton Energy, with 2.24 million stocks for 8.4 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.25 million stock units for 4.7 percent of the volume traded, Sagicor Select Financial Fund ended with 1.22 million shares for 4.6 percent of the overall volume, Radio Jamaica added 1.11 million stocks for 4.1 percent of the day’s trade and Sterling Investments with 1.02 million stock units for 3.8 percent of market share.
The All Jamaican Composite Index increased 3,067.95 points to wrap-up trading at 367,321.82, the JSE Main Index rose 4,299.36 points to close trading at 320,385.32 and the JSE Financial Index increased 0.44 points to conclude trading at 67.56. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the 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 2026.
At the close of the market, AS Bryden climbed $2.30 to end at $30.90 with an exchange of 17,380 shares, Berger Paints popped 58 cents to $6.66 with 1,044 stocks crossing the market, Eppley fell 50 cents to $36 after trading of 138 shares. Eppley Caribbean Fund rallied $3.20 and ended at $42.20 with 256 stocks changing hands,  Guardian Holdings rose $29 to close at $388 in trading 5,376 units, Jamaica Broilers lost 82 cents to finish at $24.20 after traders transferred 53,984 shares. Jamaica Producers gained $1.33 and ended at $24.34, with investors switching ownership of 126,002 stocks. Jamaica Stock Exchange advanced 51 cents to $12.50 as 152,302 units changed hands, Kingston Properties increased $1.29 in closing at $9.12 in an exchange of 111 stock units. Kingston Wharves shed 99 cents to finish at $28.01 with 39,928 shares passing through the market, Lasco Manufacturing sank 44 cents to end at $6.30 in an exchange of 4,805 stock units, Massy Holdings popped $6.50 to close at $77.50 with 1,470 stocks clearing the market. Mayberry Group slipped 45 cents to $7.50 after an exchange of 999,765 units, MPC Caribbean Clean Energy sank $7.52 to finish at a 52 weeks low of $42.60, after trading of 251 stocks, NCB Financial declined 99 cents and ended at $44 as investors exchanged 85,659 shares. Portland JSX increased 35 cents in closing at $10.50, with 121,906 units, Proven Investments climbed 60 cents to close at $16.60 after an exchange of 225,848 stock units, Sagicor Group rose $2.27 to end at $42.43, with investors swapping 121,582 shares. Sagicor Real Estate Fund advanced 83 cents in closing at $7.63 with a transfer of 903 stocks, Scotia Group fell 40 cents to $54.60 with investors dealing in 2,017 units, Sygnus Real Estate Finance gained $1.06 and ended at $8.16 with 281 stock units crossing the market and Wisynco Group dropped 60 cents to close at $20 with investors trading 15,284 shares.
In the preference segment, Sygnus Credit Investments 10% rallied $1.85 to finish at $104.85 with investors trading 485 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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