Transjamaican huge Main Market trade


Jamaica’s first toll road operators, Transjamaican Highway, delivered a large quantity of stocks traded on the Jamaica Stock Exchange Main Market ended Thursday, with investors swapping out 1.218 billion of the company’ shares valued at $4.294 billion, with trading flowing from two main blocks of 589 million units at $3.60 and 614 million shares at $3.45. Trading volume jumped 1,199 percent and the value 913 percent more than on Wednesday, resulting from trading in 58 securities compared with 60 on Wednesday, with prices of 28 rising, 20 declining and 10 ending unchanged.

The market closed with 1,228,240,349 shares trading for $4,388,967,714, sharply up from 94,550,139 stock units at $433,147,553 on Wednesday.
Trading averaged 21,176,558 shares at $75,671,857, above the 1,575,836 stocks at $7,219,126 on Wednesday and month to date, an average of 3,234,665 units at $13,098,342 above 671,537 shares at $4,159,268 on the previous trading day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 1,218.36 million shares, accounting for 99.2 percent of the total volume, followed by JMMB Group 10% preferred shares, with 2.41 million stocks, representing 0.2 percent of the day’s trade. Carreras closed with 1.79 million stock units for 0.1 percent of the volume traded, while Lasco Distributors had 1.53 million shares for 0.1 percent of the volume traded, and Sagicor Select Financial Fund recorded 1.14 million stocks for 0.1 percent of market share.
The All Jamaican Composite Index shed 1,020.18 points to end at 367,723.64, the JSE Main Index dropped 1,489.05 points to settle at 318,486.44 and the JSE Financial Index just inched 0.03 points higher to finish at 66.09. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
At the close of the market, AS Bryden skidded $2 to end at $28 with 373 shares traded, Barita Investments rose $2.30 to $72.20 with a transfer of 7,737 stock units, Caribbean Cement fell $2.50 to finish at $82.50 with 24,113 shares crossing the market. Carreras popped 50 cents and ended at $15.18 with investors swapping 1,789,686 units, GraceKennedy gained 45 cents in closing at $74 with 41,051 changing hands, Guardian Holdings slipped $39.75 to close at $270, trading 10,518 units. Jamaica Producers rose 90 cents to $24.40 with 176,710 shares crossing the market, Massy Holdings advanced $2.39 to close at $80.97 with 1,256 stock units switching owners, 138 Student Living climbed 58 cents and ended at $3.85 with investors swapping 600 stocks. Pan Jamaica increased $1.30 to $54 in an exchange of 150,513 shares, Sagicor Group sank 50 cents in closing at $42 with 21,251 stock units passing through the market, Scotia Group dropped 98 cents to finish at $53 in an exchange of 181,423 stocks, Seprod climbed $1.29 to $85.49, with investors dealing in 67,291 units and Sygnus Real Estate Finance lost $1.26 to finish at $8.14 after a transfer of 2,377 shares.
In the preference segment, Eppley 7.25% preference share rose $2 and ended at $20, with traders dealing in 5 stock units. Jamaica Public Service 7% declined 50 cents to end at $44.50 after an exchange of 6 stocks, 138 Student Living preference share sank $17 in closing at $214 with investors trading 43 units and Sygnus Credit Investments C10.5% advanced $1.98 to close at $100.98 after an exchange of 494 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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