Kingston Wharves led trading with 10 million shares and accounted for 44 percent of stocks trading on Monday on the Jamaica Stock Exchange Main Market. Trading in the market, ended with a 45 percent drop in the number of stocks traded, with a 25 percent increase in value, compared to Friday. Trading ended with an exchange of 61 securities up from 59 on Friday and ended with 21 stocks rallying, 32 declining and eight ending unchanged.
The market closed after trading of 22,808,177 shares with a value of $403,415,861, down from trading of 41,753,131 stock units valued at $323,847,100 on Friday.
Trading averaged 373,905 shares at $6,613,375 with 707,680 stock units at $5,488,934 on Friday and July, with an average of 294,201 stock units at $3,175,664.
Kingston Wharves ended as the leading traded stock with 9.95 million shares for 43.6 percent of the day’s total volume, followed by Transjamaican Highway with 6.54 million stocks for 28.7 percent of the day’s trade and Wigton Energy with 1.90 million units for 8.3 percent of the day’s trade.
The All Jamaican Composite Index skidded 866.39 points to settle at 444,683.49, the JSE Main Index dropped 727.69 points to finish at 373,284.61 and the JSE Financial Index slipped by 0.61 points to 69.60. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. 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 2026.
At the close of trading, AS Bryden dropped $2 to end at $25 with 941 units passing through the market, Barita Investments fell 40 cents to $66.90 following trading in 26,755 stocks, Berger Paints skidded 50 cents and ended at $5 as investors traded 94,609 shares. Carreras rallied $1.01 in closing at $36.50 after trading of 193,497 stock units, Eppley Caribbean Property Fund popped $1.05 to finish at $43.99 in the trading of 83 shares, General Accident fell 75 cents to close at $8.25 with investors trading 2,987 stock units. GraceKennedy gained 55 cents to end at $76.25 after an exchange of 24,458 units, Guardian Holdings dipped $5 to end at $365 with investors swapping 8,125 stocks, Jamaica Producers rose 98 cents in closing at $21.98 in switching ownership of 452 units. Kingston Properties slipped 55 cents to $10.45 with investors dealing in 591 stocks, Lasco Manufacturing declined 52 cents and ended at $7.18 with 15,425 shares crossing the market, Pan Jamaica shed 95 cents to finish at $45 with an exchange of 11,935 stock units. Quantas Advantage declined 50 cents and ended at $15.50 with 39,274 shares clearing the market, Sagicor Real Estate Fund shed 50 cents to close at $8.50 after an exchange of 3,436 stock units,
Scotia Group fell 49 cents to end at $57.01 with 21,179 stock units changing hands. Seprod dropped by $1 in closing at $74 after an exchange of 38,676 stocks, Transjamaican Highway advanced 56 cents to close at $10.95 with 6,535,147 shares crossing the market and the West Indies Petroleum climbed 76 cents to finish at $9.90 after a transfer of 11,594 stocks.
In the preference segment, Eppley 7.75% preference share lost $3.04 to close at $17.25 with trading of 53 units, Jamaica Public Service 7% skidded $1.05 to finish at $37.95, with 12 stock units crossing the exchange, Jamaica Public Service 9.5% dipped $40 and ended at $2,200 with a transfer of 20 shares. Productive Business Solutions 10.5% slipped $51 to end at $1,187, after trading of 33 stock units and Sygnus Credit Investments 10% lost $13.50 in closing at $100 with 9,511 stocks clearing the market.Prices of securities trading are those of the last transaction.