Transjamaican hits record high of $5.64


Transjamaican Highway led the market with 6.16 million shares for 51.4 percent of the total volume, with the stock climbing to a record close of $5.64on the Jamaica Stock Exchange Main Market on Monday. Similar to Friday, the market closed on Monday, with 60 securities being traded, with prices of 25 rising, 21 declining and 14 ending unchanged.

The market closed with a fall of 30 percent in the volume traded, with an exchange of 11,988,984 shares down from 17,111,569 stock units on Friday, valued at $61,180,712, down 35 percent from $94,504,692 previously.
Trading averaged 199,816 shares at $1,019,679, down from 285,193 stock units at $1,575,078 on Friday and month to date, an average of 228,214 units at $1,466,782, just marginally lower than the 230,772 shares at $1,507,061 on the previous day, but well off from December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 6.16 million shares for 51.4 percent of the total volume, followed by Sagicor Select Manufacturing & Distribution Fund, with 1.56 million units for 13 percent of the day’s trade and JMMB Group 10%, chipped in with 851,113 stocks for 7.1 percent of the volume traded.
The All Jamaican Composite Index gained 964.80 points to close trading at 382,891.09, the JSE Main Index rallied 565.46 points to 330,196.55 and the JSE Financial Index rose 0.29 points to finish at 63.26. At the close, the Investor’s Choice bid-offer indicator ended with 13 stocks, having bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 16.2, approximately 14, when adjusted for the overvaluation of West Indies Petroleum at 140. The JSE Main and the USD Market PE ratios are based on the last traded price and earnings ICInsider.com computes for companies with the fiscal year ending around August 2026.
At the close, AS Bryden rose $1.20 to $31.20 with investors dealing in 1,016 shares, Berger Paints rallied 69 cents to $5.99 after a transfer of 494 units, Guardian Holdings popped $3 to end at $343 with traders dealing in 847 shares. Jamaica Stock Exchange declined 51 cents in closing at $11.25 passed through the market 47,377 stock units, JMMB Group climbed 40 cents to finish at $17, with investors swapping 22,672 stocks, Kingston Wharves increased 50 cents to close at $38, with an exchange of 5,544 units. NCB Financial gained 49 cents to close at $41.49 after the trading of 22,730 stocks, Proven Investments shed 76 cents to end at $15.10 as investors exchanged 3,086 shares, Sagicor Group advanced 45 cents in closing at $41.75 in trading 36,148 stock units, Sygnus Real Estate Finance rose 50 cents and ended at $13 clearing the market with 7,702 shares and Transjamaican Highway ended with trading of 6.159,444 shares with an increase of 34 cents to close at a record high of $5.64.
In the preference segment, Jamaica Public Service 7% sank $3.98 to finish at $40 after an exchange of 17 stocks, Jamaica Public Service 9.5% climbed $8 to close at $2598, changing hands 10 units and Productive Business Solutions 10.5% increased $29.99 to $1149.99 after an exchange of 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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