Following a day of sluggish trading, the Jamaica Stock Exchange Main Market fell on Monday, with activities in 60 securities, up from 56 on Friday, with prices of 16 advancing, 24 declining and 20 ending unchanged. The volume of stocks traded declined marginally, with a 69 percent lower value than on Friday.
The market closed with 14,854,030 shares trading worth $65,132,064, down from 15,326,884 stock units at $209,095,375 on Friday.
Trading averaged 247,567 shares for $1,085,534, down from 273,694 stocks at $3,733,846 on Friday and for the month to date, an average of 238,548 units at $1,967,710 compared with 237,764 shares at $2,044,421 on the previous day and April with an average of 1,417,136 stocks at $6,010,754.
Transjamaican Highway led trading with 9.20 million shares for 61.9 percent of the total volume followed by General Accident, with 2.62 million stocks for 17.6 percent of the day’s trade and Radio Jamaica with 1.12 million units for 7.6 percent of the volume traded.
The All Jamaican Composite Index advanced 1,207.72 points to 371,144.04, the JSE Main Index shed 2,181.00 points to conclude trading at 321,474.85, after Guardian Holdings skidded $82 and the JSE Financial Index slipped 1.35 points to settle at 67.03. At the close, the Investor’s Choice bid-offer indicator shows 15 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 12.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Caribbean Cement sank 49 cents and ended at $81.51 as 1,480 shares were passed through the market, Eppley climbed 45 cents to $33.20 with investors trading 66 units, Eppley Caribbean Property Fund popped $4.40 to close at $41.50 with 789 shares crossing the exchange. Guardian Holdings skidded $82 to finish at $308 as traders switched ownership of 5,019 stock units, at an average price of $316.35, Jamaica Broilers lost $1.29 in closing at $26.21 after an exchange of 30,305 stocks, Jamaica Producers gained $1.35 to end at $23.41 with 19,037 shares clearing the market. Massy Holdings dropped 97 cents in closing at $77.01 in an exchange of 30 stock units, Sagicor Group rose 49 cents to $43.49 with investors dealing in 4,364 units, Scotia Group shed 73 cents to end at $57.15 with traders exchanging 23,912 stocks. Seprod rallied $2.50 and ended at $84 as 22,712 shares changed hands, Supreme Ventures increased by 99 cents to finish at $19.99 after 5,072 stocks were traded, Sygnus Credit Investments advanced 55 cents to close at $12.55 with investors exchanging 8,226 units and Sygnus Real Estate Finance declined $1.24 to $8 after a transfer of 1,855 stock units.
In the preference segment, Jamaica Public Service 7% sank $9.35 in closing at $35 after the trading of 284 shares and 138 Student Living preference share dropped $35.50 to finish at $206 with 43 units crossing the market.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.