Transjamaican Highway lifted trading with 72 percent of the day’s volume on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 18 percent from Monday. Trading ended with 62 securities changing hands, down from 63 on Monday, with prices of 22 advancing, 18 declining and 22 ending unchanged.
The market closed with 18,449,174 shares trading for $119,913,464, compared with 15,600,130 stock units at $123,170,250 on Monday.
Trading averaged 297,567 shares at $1,934,088, from 247,621 stock units at $1,955,083 on Monday. Trading month to date ended with an average of 245,959 stock units at $1,636,552, in alignment with 242,855 shares at $1,618,659 on the previous day and well below December, with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 13.22 million shares for 71.7 percent of the total volume, followed by Wigton Energy, ending with 1.82 million stock units for 9.9 percent of the day’s trade and Sagicor Select Financial Fund with 886,000 stocks for 4.8 percent of the volume traded.
The All Jamaican Composite Index surged 4,541.72 points to 400,165.78, the JSE Main Index rallied 3,559.98 points to wrap up trading at 341,966.43 and the JSE Financial Index rose a mere 0.13 points to close at 63.79. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and none with lower offers.
The Main Market ended trading with an average PE Ratio of 18.2. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts that are computed by ICInsider.com for the companies with financial year ending around August 2026.
At close of trading on the market, Caribbean Cement increased 95 cents to $105.95 with investors trading 15,887 shares, Eppley Caribbean Property Fund rose 55 cents to close at $47.15 with an exchange of 994 stock units, Kingston Properties gained 36 cents in closing at $9.61, with 1,873 shares clearing the market. Kingston Wharves rose $1.39 to finish at $37.39 in an exchange of 27,803 stocks, Massy Holdings advanced 50 cents and ended at $74, with investors swapping 38,299 units, MPC Caribbean Clean Energy lost $12.20 to end at $31.80 with traders switching ownership of 1,066 stocks.
138 Student Living climbed 40 cents in closing at $3.48 as investors exchanged 721 units, Proven Investments rallied $1.18 to $15.19 in trading 2,749 shares, Transjamaican Highway rose 38 cents to finish at $6.67 after an exchange of 13,220,063 stock units and West Indies Petroleum gained $1.16 and ended at $11.51 with a transfer of 133,023 shares.
In the preference segment, Jamaica Public Service 7% dipped 90 cents to end at $42.10 with 7 stock units passing through the market, Productive Business Solutions 10.5% popped $10 to close at $1,130 with traders dealing in 8 stocks. Sygnus Credit Investments 10% fell $1 to $107 after an exchange of 2,252 units and Sygnus Credit Investments C10.5% climbed $1 and ended at $101 after market participants traded 3,307 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.