Transjamaican Highway dramatically controlled trading, accounting for 94 percent of stocks changing hands on the Jamaica Stock Exchange Main Market on Thursday, pushing the volume traded up by 564 percent and the value 446 percent higher compared to Wednesday, following trading in 57 securities, similar to Wednesday, with prices of 16 rising, 24 declining and 17 ending unchanged.
The market closed with 52,921,774 shares trading worth $218,524,588, rising dramatically from 7,971,105 stock units valued at $40,013,200 on Wednesday.
Trading averaged 928,452 shares at $3,833,765 compared to 139,844 units at $701,986 on Wednesday. Trading for the month to date, ended with an average of 265,299 units at $1,352,344 compared with 182,586 shares at $1,042,845 on the previous day and August with an average of 286,418 stock units at $1,923,954.
Transjamaican Highway led trading with 49.68 million shares for 93.9 percent of total volume, followed by Wigton Energy, with 1.33 million stock units for 2.5 percent of the day’s trade and Kingston Wharves with 286,335 stocks for 0.5 percent of the volume traded.
The All Jamaican Composite Index dipped 160.90 points to finish at 365,924.61, the JSE Main Index sank 1,122.67 points to close at 316,675.47 and the JSE Financial Index skidded 0.67 points to end at 65.78. At the close, the Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the 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 2026.
At the close of trading, Barita Investments fell 20 cents to end at $78.05 as investors exchanged 24,455 shares, Caribbean Cement rose $4.41 to end at $94.42 with investors trading 1,190 shares, Eppley Caribbean Property Fund advanced $1.50 to $40 with 50 stock units passing through the market, General Accident dipped 41 cents to end at $5.79 after trading of 13,195 shares. GraceKennedy lost $1.55 in closing at $71.55 with a transfer of 4,526 units, Jamaica Broilers sank 89 cents to end at $26 with investors dealing in 6,833 stocks, Jamaica Stock Exchange skidded 79 cents to close at $11.78 after brokers transferred 4,349 units. JMMB Group fell 74 cents to $18.65 with investors trading 85,950 shares, Massy Holdings slipped 50 cents and ended at $77 with investors exchanging 17,632 stock units, Sagicor Group lost 48 cents to finish at $40, after trading of 49,707 shares. Sagicor Real Estate Fund climbed 84 cents to close at $7.60 as investors exchanged 150 units,
Seprod sank $1.91 in closing at $78.48 in trading 531 stock units, Sterling Investments dipped 29 cents to $2.91 with traders exchanging 5,000 shares, Sygnus Credit Investments increased $1.15 to end at $13.30 with brokers clearing 4,941 shares and Wisynco Group declined 44 cents to $20.96 with an exchange of 16,990 stock units.
In the preference segment, 138 Student Living preference share shed $5 to end at $250 after closing with an exchange of just 4 shares and Sygnus Credit Investments 10% dropped 91 cents in closing at $103.99, with traders dealing in 3,657 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.