News
JAM | Aug 7, 2025

Trading activity relatively dispersed last week

/ Our Today

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Reading Time: 2 minutes

Durrant Pate/Contributor

The equities market saw a relatively dispersed trading activity last week, as the top three volume leaders accounted for only 30.8% of total market volume.

In fact, trading activity increased week-over-week with market volume amounting to 208.87 million units (J$1.80 billion) for the trading week ended July 31, 2025. This represented 169.0% and 243.6% increases in volume and value, respectively. 

Leading the way was Wigton Energy with 31.39 million units (14.58%), followed by Sagicor Select Funds with 18.42 million units (8.56%) and One on One Educational Services with 16.59 million units (7.71%). The market, as measured by the Jamaica Stock Exchange (JSE) Combined Index went up 1.94%, as 64 of the 121 traded stocks advanced, 38 declined and 19 traded firm. 

Broad market performance was positive over the week, with the majority of JSE indices posting gains. The main advancers were the JSE USD Equities (+3.29%) and the JSE Junior Market (+3.00%), while the JSE Cross Listed was the lone decliner. The primary driver of the gains in the JSE USD Equities Index was the 10.26% increase in the share price of TransJamaican Highway (TJH) USD, the index‘s most heavily weighted stock. 

Although there was no direct news during the week to justify the surge, the company recently announced plans to leverage technology to boost revenue and improve operational efficiency, which bodes well for the company and investors. THJ also announced it will now be making dividend payments in U.S. dollars to its USD shareholders, which likely contributed to the price appreciation. 

On the Junior Market, 23 of the 45 stocks recorded gains. Notable contributors included FESCO (+8.45%), Derrimon Trading Limited (+6.49%) and Access Financial Services (+11.69%). Noteworthy. These price movements occurred without any corresponding news or announcements. 

However, it was the 3.0% drop in the share price of Guardian Holdings Limited was the main contributor to the decline in the JSE Cross Listed Index.

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