Transjamaican Main Market volume leader


Transjamaican Highway captured 48 percent of the total volume of stocks traded on the JSE Main Market on Tuesday on a day of shrunken trades, with the volume and value of stocks falling 32 percent and 28 percent, respectively, than Monday. At the close of market activities, investors exchanged 60 securities, the same as Monday, with prices of 23 rising, 23 declining and 14 ending unchanged as the market closed higher at the end of trading.

The market closed with 14,713,604 shares trading for $82,057,557, down from 21,696,953 stock units at $113,302,776 on Monday.
Trading averaged 245,227 shares at $1,367,626 well below the 361,616 stocks at $1,888,380 on Monday and month to date, an average of 614,596 stock units at $20,299,059, slightly below the 639,582 shares at $21,579,652 on the Monday compared with February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 7.01 million shares for 47.6 percent of the total volume, followed by Wigton Energy, ending with 2.88 million stocks for 19.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.30 million stock units for 8.8 percent of market share.
The All Jamaican Composite Index rallied 1,444.50 points to close at 378,728.70, the JSE Main Index gained 917.90 points to settle at 325,675.34 and the JSE Financial Index advanced 0.36 points to close at 67.81. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.9. The JSE Main and 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 2025.
At the close of the market, Berger Paints dropped 80 cents to end at $7.15 after an exchange of 759 shares, Eppley Property Fund gained $3.79 to close at $38.29 with investors trading 22 stocks, GraceKennedy shed $1 to finish at $72.50 in an exchange of 72,882 shares. Guardian Holdings popped $6 and ended at $295 with traders dealing in 110 stock units, Jamaica Broilers rallied $1.34 in closing at $35.34 after a transfer of 25,159 shares, JMMB Group rose 80 cents to close at $22.80 with 77,023 stock units switching owners. Lasco Manufacturing advanced 50 cents to $7.50 with 36,225 units changing hands, Margaritaville climbed 78 cents to end at $15.50 with 10 stocks crossing the exchange, Massy Holdings increased $2 in closing at $80 with investors dealing in 960 units. Mayberry Jamaican Equities popped 59 cents to finish at $10 with 870 stocks passing through the market, NCB Financial gained $1.95 and ended at $44.95 after an exchange of 12,249 shares, Proven Investments rose $1.44 to close at $18.49 with investors trading 302,924 stock units. Sagicor Group lost $1.35 to close at $42.15 after an exchange of 6,483 shares, Sagicor Real Estate Fund slipped 40 cents and ended at $8 with investors swapping 13,650 stocks, Scotia Group sank $3.70 to end at $53 with 380,744 stocks crossing the market. Seprod advanced 81 cents in closing at $85.02 as investors exchanged 855 units, Stanley Motta declined $1.05 to finish at $5.95 with a transfer of 10,232 shares, Sygnus Credit Investments sank 50 cents to close at $12.40 with 43,051 units crossing the market. Transjamaican Highway skidded 35 cents to $4.08 in trading 7,007,006 stocks and Wisynco Group fell 52 cents to finish at $21.30 after closing with an exchange of 42,384 stock units.
In the preference segment, Jamaica Public Service 9.5% dipped $40 and ended at $2,650 with 14 shares clearing the market and Sygnus Credit Investments 10% sank $10 to end at $100 in the trading of 650 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

About IC Insider.com