The in demand, Transjamaican Highway jumped 86 cents back to the $11 range with the stock leading trading on the Jamaica Stock Exchange Main Market slipped on Tuesday, with the value climbing 33 percent compared to Monday, resulting from trading in 60 securities down from 61 on Monday, with prices of 21 rising, 26 declining and 13 ending unchanged.
The market closed with 12,013,747 shares trading for $200,084,049 compared with 13,478,774 stock units at $150,097,002 on Monday.
Trading averaged 200,229 shares at $3,334,734, with the volume at 220,964 stock units at $2,460,607 on Monday . Trading for the month to date, averages 279,611 units at $3,126,348 compared to 295,382 shares valued at $3,084,947 on the previous day and well below an average of 895,289 stock units at $10,824,938 for August.
Transjamaican Highway led trading with 5.54 million shares for 46.1 percent of total volume, followed by Sygnus Credit Investments with 2.01 million units for 16.7 percent of the day’s trade and NCB Financial with 846,910 stocks for 7 percent of the volume traded.
The All Jamaican Composite Index dropped 2,564.49 points to end at 435,817.86, the JSE Main Index shed 2,749.52 points to finish at 364,864.49 and the JSE Financial Index dipped 0.31 points to 70.08. At the close, the Investor’s Choice bid-offer indicator shows three 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 15.4. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2027.
At the close of the market, AS Bryden fell by $2.85 to end at $21.25 with 3,695 stocks being traded, Barita Investments shed $1.40 to $66.50 after trading of 11,827 units, Carreras rallied by $1.79 to close at $29.79 with 610,702 shares crossing the market. Eppley fell 88 cents to finish at $35 with investors trading 1,312 stock units, First Rock Real Estate skidded 80 cents and ended at $5.20 with 2,226 shares crossing the exchange, Guardian Holdings slipped $18 and to end at $352 with 12 shares changing hands. Kingston Wharves rose 49 cents to $34.49 after an exchange of 6,541 stocks, Massy Holdings shed $2.90 in closing at $70 with 9,598 units clearing the market, Mayberry Jamaican Equities gained 46 cents to close at $6.47 as investors exchanged 400 shares. NCB Financial popped 48 cents to finish at $67.99 with 846,910 stocks crossing the market, Pan Jamaica declined 51 cents and ended at $45.48 with a transfer of 503,839 stock units,
Quantas Advantage climbed by $2.40 to close at $19.50 with 17,932 stock units changing hands. Scotia Group increased $1.50 to $58.50 in an exchange of 11,785 shares, Seprod dipped by 60 cents to $74 with investors dealing in 13,342 stock units, Supreme Ventures fell 43 cents to finish at $17 in an exchange of 50,291 stocks. Sygnus Real Estate Finance advanced 91 cents to close at $8.41 after trading of 106 units, Transjamaican Highway rose 86 cents to end at $10.99 in switching ownership of 5,537,086 shares and West Indies Petroleum lost 76 cents in closing at $9.20 after a transfer of 2,621 stock units.
In the preference segment, Jamaica Public Service 9.5% dropped $46 to $2,154with a transfer of 183 stocks and Sygnus Credit Investments 10% shed $1.20 in closing at $111.80 in trading 357 units.Prices of securities trading are those of the last transaction.