Trading on the Jamaica Stock Exchange Main Market ended on Friday and the last day of the month, with a 265 percent rise in the volume of stocks traded, rising to a 70 percent higher value than on Thursday, with Wigton Energy accounting for 64 percent of the traded volume. Similar to Thursday, trading ended with activities in 57 securities, with prices of 18 rising, 18 declining and 21 ending unchanged.
The market closed with 42,767,820 shares trading for $107,809,982, with trading soared from 11,709,850 units at $63,409,333 on Thursday.
Trading averaged 750,313 shares at $1,891,403, rising from 205,436 stocks at $1,112,444 on Thursday and month to date, an average of 210,503 stock units at $1,467,012 compared with 181,530 shares at $1,444,234 on the previous day and September with an average of 383,823 stock units at $3,398,543.
Wigton Energy led trading with 27.41 million shares for 64.1 percent of total volume followed by Jamaica’s major highway operators, Transjamaican Highway, with 7.07 million stocks for 16.5 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 2.32 million stock units for 5.4 percent of the volume traded, Radio Jamaica ended with 2.06 million shares for 4.8 percent of the total volume traded and Sagicor Select Financial Fund with 1.19 million stocks for 2.8 percent of market share.
The All Jamaican Composite Index rose 676.16 points to wrap up trading at 368,447.62, the JSE Main Index fell 1,021.05 points to finish at 322,820.75 and the JSE Financial Index rose 0.28 points to 67.15. At the close, the Investor’s Choice bid-offer indicator ended with 11 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE of 13.3. 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 the market, AS Bryden slipped 92 cents in closing at $38 after the trading of 1,225 shares, Caribbean Cement climbed $3.05 to close at $93.05, after an exchange of 38,245 stocks, following the release of solid nine months results of $4.8 billion after tax profit, Eppley increased by $1 and ended at $35 with investors dealing in 37 shares. First Rock Real Estate popped $1.53 to end at $11.73, following the trading of 92 stock units, Guardian Holdings rallied $7 to close at $382 with a transfer of 1,986 shares, Jamaica Broilers sank $1.20 to finish at $23.50 with 35,474 stocks clearing the market. Kingston Wharves rose $1.23 and ended at $29.83 with ownership of 2,556 units changing hands, 138 Student Living dipped 94 cents to $3.04 with investors trading 697 stocks, Sagicor Real Estate Fund lost $1.09 in closing at $6.51 after brokers exchanged 104,743 stock units. Seprod gained $2.34 to finish at $82 with investors trading 851 shares and Supreme Ventures dropped 41 cents to end at $18.24 in an exchange of 113,805 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.