Shares in Jamaica’s first toll road operators, Transjamaican Highway traded the most shares on the Jamaica Stock Exchange Main Market on Monday in accounting for nearly 44 percent of the total volume traded and helped in pushing the volume of stocks traded in the market up a solid 229 percent with the value jumping 264 percent more than on Friday, following trading in 61 securities up from 59 on Friday and ended with prices of 19 rising, 27 declining and 15 ending unchanged.
The market closed with trading of 11,986,413 shares with a values of $105,690,529, up sharply from just 3,643,310 stock at a mere $29,016,024 on Friday.
Trading averaged 196,499 shares at $1,732,632 well above 61,751 stocks at $491,797 on Friday and for the month to date, an average of 408,451 units at $1,849,540 compared with 429,751 shares at $1,861,289 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 5.21 million shares for 43.5 percent of total volume, with the price slipping following release of full year results with earnings of J$0.39 with the final quarter profits jumping by a solid 44 percent much more than the 31 percent for the full year. Wigton Energy was next with 2.03 million stocks for 16.9 percent of the day’s trade and NCB Financial with 1.11 million units for 9.3 percent of the volume of stocks traded.
The All Jamaican Composite Index lost 962.08 points to wrap up trading at 380,154.24, the JSE Main Index dipped 1,093.74 points to cease trading at 328,450.64 and the JSE Financial Index dipped 0.23 points to end at 67.73. The Investor’s Choice bid-offer indicator shows 15 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 14.7. 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 a day of increased market activity, AS Bryden sank 90 cents in closing at $28.10 with traders dealing in 48 stock units, Caribbean Cement slipped 69 cents to $86.80 with 4,223 shares clearing the market, Eppley Caribbean Property Fund sank $3.96 to finish at $35.52 and closed with 2,256 stocks changing hands. First Rock Real Estate increased 74 cents and ended at $9.29 after 84 units passed through the market, Guardian Holdings shed $6.25 to end at $303.50 in switching ownership of 6,065 shares, Lasco Manufacturing fell 38 cents to close at $7.60, with 23,997 stock units crossing the market. NCB Financial popped 98 cents to $49.98 in an exchange of 1,112,756 stocks, after the price hit an intraday 52 weeks low of $47, Pan Jamaica climbed $1.60 to close at $54.50 with investors swapping 11,622 units, Proven Investments rose 73 cents to end at $19 in an exchange of 29,776 stocks. Sagicor Group skidded 50 cents in closing at $40 with investors trading 8,036 units, Scotia Group lost $1.39 to finish at $57 after a transfer of 44,767 shares and Supreme Ventures gained 65 cents and ended at $20.25 trading 36,086 stock units.
In the preference segment, Jamaica Public Service 9.5% declined $4 to $2,686 as investors exchanged 2,000 shares, JMMB Group 7.15% – 2028 dipped 50 cents to close at $2.50 in trading 289 stock units, 138 Student Living preference share dropped $23.85 to finish at $231.15 after an exchange of 186 units and Sygnus Credit Investments C10.5% sank $1 and ended at $104 with investors trading 1,002 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.