Wigton Energy pushed trading well ahead of Wednesday’s levels following an exchange of a hefty 67 million shares for 84 percent of total volume traded on the Jamaica Stock Exchange Main Market on Thursday. The large Wigton Energy trade pushed the volume of stocks exchanged up a solid 445 percent and the value 74 percent higher than on Wednesday. At the close of trading, 63 securities changed hands, similar to Wednesday, with prices of 24 rising, 27 declining and 13 ending unchanged.
The market closed with 79,019,440 shares trading for $358,863,155, up from 14,511,508 stock units at $206,741,820 on Wednesday.
Trading closed with an average of 1,254,277 shares for $5,696,241, well above the 230,341 stock units at $3,281,616 on Wednesday and for the month to date, an average of 342,509 units at $2,726,829, quite ahead of 291,314 shares at $2,560,097 on the previous day and compares well with March’s average of 244,194 stock units at $3,119,428.
Wigton Energy led trading with 66.55 million shares for 84.2 percent of total volume, followed by Transjamaican Highway, with 3.25 million stocks for 4.1 percent of the day’s trade, Scotia Group closed with 3.02 million stocks for 3.8 percent of the volume traded and Supreme Ventures with 2.84 million units for 3.6 percent of market share.
The All Jamaican Composite Index popped 3,725.27 points to close at a multi-year high of 410,409.11, the JSE Main Index climbed 1,277.86 points to conclude trading at 346,834.58 and the JSE Financial Index rallied 0.53 points to 64.37. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market closed with an average PE Ratio of 20.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for the fiscal year ending around August 2026.
At the close, AS Bryden fell $4.39 to $25.06, following the trading of 2,876 shares, Barita Investments dipped 98 cents to $68.02 in an exchange of 8,955 stock units, Berger Paints declined 90 cents to $5.15, with a mere 47 shares crossing the market. Caribbean Cement climbed $3.50 in closing at $105 following an exchange of 22,350 units, Eppley Caribbean Property Fund lost $1.49 to end at $45, in switching the ownership of 1,093 stocks, Guardian Holdings skidded $5 to close at $345 after a transfer of 8,294 shares. Jamaica Producers increased $2.05 to $27, with an exchange of 352,185 stocks, Kingston Properties sank 49 cents to end at $12 with investors trading 15,051 units, Pan Jamaica shed 98 cents to close at $48, with 131,533 shares crossing the market, Proven Investments dropped 65 cents and ended at $12.30 after an exchange of 6,507 units, Sagicor Group popped $2.31 to finish at $41.99 following trading of 189,284 stocks and Scotia Group gained $1.20 and ended at $52.20, after 3,020,768 stock units passed through the market.
In the preference segment, Eppley 7.75% preference share rose 50 cents to $20.50 with an exchange of 234 shares, Jamaica Public Service 7% rallied $5.45 to end at $42.99, following trading of 465 units. 138 Student Living preference share advanced $31 in closing at $241 with investors dealing in 1,610 stocks, Productive Business Solutions 10.5% rose $75 to finish at $1,160 with a transfer of 3,572 stock units, Sygnus Credit Investments 10% dipped $9 to close at $100 with investors swapping 5,018 shares and Sygnus Credit Investments C10.5% advanced 80 cents to $103 in an exchange of 24,932 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.