Wigton cornered major share of Jamaica Stock Exchange Main Market


Following the reporting of a pretax loss of $108 million in its third quarter, Wigton Energy captured just over 35 percent of the volume of shares traded on the JSE Main Market on Friday, with a 109 percent jump in the volume of stocks traded and a 34 percent rise in value over Thursday’s activities after trading in 61 securities compared with 62 on Thursday, with prices of 22 rising, 25 declining and 14 ending unchanged.

The market closed with 17,554,244 shares trading for $100,875,544, up from 8,386,532 stock units at $75,006,097 on Thursday.
Trading averaged 287,774 shares for $1,653,697, well above 135,267 stocks at $1,209,776 on Thursday. Trading for the month to date ended with an average of 197,154 units at $1,804,779 compared with 174,311 shares at $1,842,862 on the previous day, down from an average of 257,074 stock units at $2,582,065 in January.
Wigton Energy led trading with 6.25 million shares for 35.6 percent of total volume followed by JMMB 9.5% preference share which ended with 3.53 million stocks for 20.1 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 2.02 million units for 11.5 percent of the volume traded, Transjamaican Highway with 1.32 million shares for 7.5 percent of the overall traded volume, QWI Investments ended with 1.11 million stocks for 6.3 percent of the day’s trades and Eppley Caribbean Property Fund with 1.07 million stock units for 6.1 percent of market share.
The All Jamaican Composite Index climbed 460.84 points to end at 380,783.40, the JSEMain Index popped just 45.59 points to 329,809.59 and the JSE Financial Index slipped 0.07 points to finish at 67.97. The Investor’s Choice bid-offer indicator shows 10 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 14.5. The JSE Main and USD MarketPE 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 on a day of increased trading, AS Bryden dropped 60 cents to close at $30 after investors traded 1,422 stock units, Caribbean Cement lost 49 cents to $86 with an exchange of 15,990 units, Eppley Caribbean Property Fund skidded 50 cents to end at $37 in swapping 1,072,118 shares. First Rock Real Estate climbed 81 cents to finish at $9.80 with a mere 8 stocks passing through the market, while Jamaica Broilers sank $1 to end at $36.99 with the trading of 47,213 shares, Jamaica Stock Exchange popped 38 cents in closing at $13.36 with 112 units clearing the market. JMMB Group slipped 97 cents to $20.53 with investors trading 32,593 stocks, Kingston Properties advanced 39 cents and ended at $9.14 with 6,592 stock units crossing the market, Kingston Wharves rose $1.09 in closing at $30.99 in an exchange of 6,656 shares. Massy Holdings sank 60 cents to finish at $82.40 with investors trading 701 stocks, NCB Financial rallied 50 cents to close at $50 after an exchange of 73,874 units, Pan Jamaica increased $1.09 to end at $53.99 with 9,024 stock units being traded. Proven Investments dropped 68 cents in closing at $17.81 with an exchange of 4,217 shares, Scotia Group gained $1.67 to close at $56.97 with 14,271 units crossing the market, Seprod fell $1.70 to close at $84.45 in an exchange of 25,576 stocks. Stanley Motta declined 64 cents to end at $6.76 with investors dealing in 9,389 stock units and Supreme Ventures dipped 38 cents to finish at $20.60 with 116,855 shares crossing the exchange.
In the preference segment, Jamaica Public Service 7% rose $3.96 and ended at $40 in trading 478 stock units and 138 Student Living preference share climbed $10.68 to $300.68 after a transfer of 78 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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