Transjamaican ratchets up Jamaica Stock Exchange Main Market trading


Transjamaican Highway, Jamaica’s leading toll-road operators, pushed up trading on the Jamaica Stock Exchange Main Market on Wednesday with 87 million shares and accounting for just over 92 percent of all the shares traded and resulted in the volume of stocks traded surging by 768 percent and the value 813 percent more than on Tuesday, following trading in 60 securities compared with 62 on Tuesday and ending with prices of 22 rising, 23 declining and 15 ending unchanged.

The market closed with 94,550,139 shares trading for $433,147,553, a significant increase from 10,896,568 stocks at $47,423,116 on Tuesday.
Trading averaged 1,575,836 shares worth $7,219,126, well over the 175,751 stock units at $764,889 on Tuesday and month to date, an average of 671,537 stock units at $4,159,268 just above the 514,722 shares at $3,628,657 previously but lower than the average of 896,190 units at $20,804,277 for March.
Following on the recently successful public offer of shares on the market in March, Transjamaican Highway led trading with 87.28 million shares for 92.3 percent of total volume followed by Wigton Energy which ended with 2.22 million stocks for 2.3 percent of the day’s trade, Carreras closed with 1.35 million stocks for 1.4 percent of the volume traded and QWI Investments with 1.01 million stock units for 1.1 percent of market trade.
The All Jamaican Composite Index sank 1,390.01 points to end at 368,743.82, the JSE Main Index gained a mere 1.20 points to close at 319,975.49 and the JSE Financial Index remained unchanged at 66.06. The Investor’s Choice bid-offer indicator shows 15 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 13.3. 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 on a day of increased trading, AS Bryden rose $1 in closing at $30 with investors dealing in 308 shares, Barita Investments shed $2.10 to $69.90 with 8,002 stocks crossing the exchange, Berger Paints sank 79 cents to close at $7.11 with investors trading 20,288 shares. Caribbean Cement climbed $2 and ended at $85 with 26,516 units crossing the market, Eppley Caribbean Property Fund increased $2.85 to end at $37.45 in trading 3,451 stocks, First Rock Real Estate dropped 95 cents to finish at $8.55 with an exchange of 1,052 shares. GraceKennedy lost 44 cents and ended at $73.55 with an exchange of 15,278 units, Guardian Holdings popped $9.75 to $309.75 with 309 stocks crossing the market, following release of 2024 audited statements, showing increase profits, Jamaica Broilers dipped 66 cents to close at $26.74 with investors trading 69,339 stock units. Jamaica Producers fell $1.50 to end at $23.50 in an exchange of just one share, JMMB Group advanced 53 cents in closing at $20.75 with 97,820 stocks passing through the market, Mayberry Group gained 49 cents to finish at $7.47 with 875 units switching owners. MPC Caribbean Clean Energy rallied $7 to $64 as investors exchanged 80 stock units, 138 Student Living skidded 59 cents in closing at $3.27 with a transfer of 1,898 shares, Pan Jamaica increased 39 cents to close at $52.70 with investors swapping 21,966 stock units. Sagicor Group sank 64 cents to finish at $42.50 in an exchange of 11,904 stocks, Scotia Group climbed 97 cents and ended at $53.98 with traders dealing in 452,813 units and Seprod slipped $4.30 to end at $84.20 with 8,844 shares changing hands.
In the preference segment, Jamaica Public Service 7% rose $5 in closing at $45 in trading of 555 stock units, 138 Student Living preference share advanced $59 to $231 after a transfer of 86 stocks and Productive Business Solutions 10.5% preference share shed $5 and ended at $1,045 with just one unit clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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