Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with the Market Index declining 45.28 points to 3,847.42 following a 42 percent drop in the volume of stocks traded with a 35 percent lower value than Wednesday after trading of 42 securities, 
similar to trading on Wednesday and ended with declining and rising stocks almost equal in numbers, with 17 rising, 18 declining and seven closing unchanged.
Investors traded 4,512,426 shares for $11,342,192 compared with 7,788,092 units at $17,379,281 on Wednesday.
Trading averaged 107,439 shares at $270,052 compared to 185,431 shares at $413,792 on Wednesday, with trading for the month to date averaging 146,435 units at $341,922, down from October with an average of 361,392 units at $863,984.
Future Energy led trading with 1.15 million shares for 25.5 percent of total volume, followed by Regency Petroleum with 396,267 units for 8.8 percent of the day’s trade and Derrimon Trading with 376,475 units for 8.3 percent market share.
The Junior Market ended trading with an average PE Ratio of 10.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial rose $2 to end at $27.50, with 30 shares changing hands, Blue Power dropped 23 cents in closing at $2.70 with a transfer of 225 stocks, CAC 2000 climbed 85 cents to $4.90 with stakeholders exchanging 100 shares. Cargo Handlers fell $1.40 to close at $13 after a transfer of 62 stock units, Caribbean Cream popped 53 cents to end at $4.10 with investors swapping 1,528 shares, Caribbean Flavours rallied 11 cents to $1.40 in an exchange of 16,568 units. Dolphin Cove dipped 40 cents to end at $15.60 with traders dealing in 100 stocks, Fontana lost 10 cents in closing at $11.20 in switching ownership of 22,693 stock units, Fosrich declined 12 cents and ended at $2.31, with 128,266 shares crossing the market. 
iCreate increased 9 cents to close at 69 cents after investors ended trading 15,757 stock units, Knutsford Express gained 97 cents to close at $12.29, with 1,566 stocks crossing the market, Lasco Distributors shed 10 cents to close at $4.20 after trading 152,100 units. Lasco Manufacturing rose 15 cents to $4.70, with 4,762 shares clearing the market, Lumber Depot skidded 14 cents in closing at $2.68 with an exchange of 18,105 stocks, Main Event fell 10 cents and ended at $14.90 after 3,985 units passed through the market. 
MFS Capital Partners popped 37 cents to $2.37 with investors transferring 98,837 stock units and Paramount Trading increased 30 cents in closing at $1.70 after an exchange of 500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for November 2023
JSE Main Market rises, Junior Market drops
The Jamaica Stock Exchange Main Market inched higher in trading on Thursday and the JSE USD Markets popped marginally higher but the Junior Market suffered a sold fall to close out the day, with a drop in volume of stocks traded but at a higher value than on Wednesday.
At close, the JSE Combined Market Index rose 720.66 points to 329,968.51, the All Jamaican Composite Index popped 370.00 points to 349,099.70, the JSE Main Index climbed 1,202.56 points to close at 315,905.85. The Junior Market Index dropped 45.28 points to close at 3,847.42 and the JSE USD Market Index inched 0.03 points higher to end at 229.05.
Investors traded 10,303,204 shares in all markets, down from 16,178,017 stock units on Wednesday. The value of stocks traded rose on the Junior and Main markets to $114.36 million from $106.3 million on Wednesday. The JSE USD market closed after 191,624 shares were traded for US$7,484 compared to 73,498 units at US$5,221 on Wednesday.
In the preference segment, Jamaica Public Service 7% climbed $10 to end at $2,900.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.5 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. 
ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors require pertinent information to successfully navigate investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Declining stocks edged risers on Trinidad Exchange
Trading on the Trinidad and Tobago Stock Exchange ended on Thursday, with a 56 percent drop in the volume of stocks traded following a 34 percent rise in value over that on Wednesday, resulting from trading in 19 securities compared with 20 on Wednesday and ended with five stocks rising, six declining and eight remaining unchanged.
Investors exchanged 136,107 shares for $2,400,320 versus 310,882 stock units at $1,784,800 on Wednesday.
An average of 7,164 units were traded at $126,333 compared to 15,544 shares at $89,240 on Wednesday, with trading month to date averaging 11,461 shares at $107,300 compared with an average for October of 15,711 shares at $151,451.
The Composite Index lost 0.20 points to conclude trading at 1,192.65, the All T&T Index dipped 0.79 points to 1,815.99, the SME Index remained unchanged at 79.99 and the Cross-Listed Index popped 0.06 points to end trading at 73.58.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $65 after investors traded 100 units, Angostura Holdings dipped 65 cents to $21.50 after an exchange of 9,500 stocks, Ansa Merchant Bank ended at $42.12, with 10 shares crossing the market. 
Endeavour Holdings remained at $15 after a transfer of 50 stock units, First Citizens Group ended at $49.25, with 4,188 shares changing hands, GraceKennedy remained at $3.40 with investors trading 350 units. Guardian Holdings advanced 99 cents to end at $19.99 in switching the ownership of 7,796 stocks, JMMB Group popped 1 cent in closing at $1.42 as investors exchanged 475 stock units, L.J. Williams B share ended at $2.40 after two shares crossed the market. Massy Holdings lost 14 cents and ended at $4.45 with an exchange of 79,939 stock units, National Enterprises declined 4 cents to $3.51, with 7,787 stocks clearing the market, National Flour Mills fell 7 cents to close at $1.53 with traders dealing in 2,001 units. 
NCB Financial remained at $2.84 in an exchange of 7 shares, Prestige Holdings skidded $1 in closing at $10.50 with investors dealing in 4,068 units, Republic Financial increased 71 cents to end at $119, with 2,541 stocks crossing the exchange. Scotiabank climbed 5 cents to $72.65 in trading 14,657 stock units, Trinidad & Tobago NGL ended at $12.50 with shareholders swapping 1,430 shares, Unilever Caribbean rose 2 cents in closing at $10.62 in an exchange of 906 units and West Indian Tobacco dropped 29 cents to end at a 52 weeks’ low of $10.01 after 300 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main market falters to start November
Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 11 percent and the value surging 36 percent more than on Tuesday, following trading in 51 securities compared with 58 on Tuesday, with 18 rising, 24 declining and nine ending unchanged.
A total of 8,316,427 shares were traded valued at $88,916,615 compared with 7,470,394 units at $65,380,690 on Tuesday.
Trading averaged 163,067 shares at $1,743,463 versus 128,800 shares at $1,127,253 on Tuesday, compared to October with an average of 214,410 stock units at $1,325,907.
Transjamaican Highway led trading with 1.54 million shares for 18.5 percent of total volume, followed by Scotia Group with 1.51 million units for 18.1 percent of the day’s trade and Wigton Windfarm with 1.33 million units for 16 percent of the day’s trade.
The All Jamaican Composite Index shed 2,746.69 points to close at 348,729.70, the JSE Main Index dipped 4,097.53 points to 314,703.29 and the JSE Financial Index shed 1.17 points to conclude trading at 68.26.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement declined $1.98 to $49.01 and closed with an exchange of 46,234 stocks, GraceKennedy rallied 50 cents to close at $73.50 after investors traded 4,585 units, Guardian Holdings fell $30 in closing at $410 after 3,848 shares were traded. Jamaica Broilers skidded 98 cents to end at $32.99 with 44,119 stock units clearing the market, Jamaica Producers popped 82 cents and ended at $19.90 with traders dealing in 7,100 shares, Jamaica Stock Exchange lost 60 cents to $8.50 after a transfer of 5,664 stocks. 
Kingston Properties dipped 70 cents to close at $7, with 730 units changing hands, Kingston Wharves advanced 50 cents in closing at $28.50 in an exchange of 25,283 stock units, Massy Holdings dropped 80 cents to end at $98, with 824 shares crossing the market. MPC Caribbean Clean Energy rose $11.47 and ended at $87.97 after exchanging 10 stock units, Proven Investments gained 64 cents to finish the day at $23.69 in trading 939 units, Sagicor Group shed $2 and ended at $42.60, with 25,185 stocks crossing the exchange. Scotia Group declined 70 cents to end at $34 with a transfer of 1,505,779 units, Seprod lost $2 in closing at $76.50 with stakeholders exchanging 1,699 stocks, Supreme Ventures shed 50 cents to close at $26, with 187,628 shares crossing the market and Sygnus Real Estate Finance dropped $1.40 to $9.55 with an exchange of 16,028 stock units.
In the preference segment, Eppley 7.75% preference share fell 78 cents to end at $19.22 after 500 shares passed through the market and Jamaica Public Service 7% increased $6.46 in closing at $48.46 while exchanging 361 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise
Junior Market rises with falling prices dominant
Trading activity declined markedly at the close of the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded falling 78 percent and the value 82 percent lower than Tuesday, with trading in 42 securities compared with 44 on Tuesday and ended with 14 rising, 21 declining and seven closing unchanged.
Investors traded 7,788,092 shares for $17,379,281, down from 35,689,862 units at $96,708,978 on Tuesday.
Trading averaged 185,431 shares at $413,792, compared with 811,133 shares at $2,197,931 on Tuesday with October closing with an average of 361,392 units at $863,984.
EduFocal dominated trading with 2.98 million shares for 38.2 percent of total volume, followed by Dolla Financial with 1.44 million units for 18.5 percent of the day’s trade and MFS Capital Partners with 526,000 units for 6.8 percent market share.
At the close, the Junior Market Index climbed 29.83 points to conclude trading at 3,892.70.
The Junior Market ended trading with an average PE Ratio of 10.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased 50 cents and ended at $25.50 after an exchanging of 3,170 stock units, AMG Packaging lost 12 cents to $2.27 close as 392,855 shares changed hands, Caribbean Assurance Brokers climbed 21 cents to close at $3.10 with stakeholders exchanging 41,343 units. Caribbean Flavours fell 14 cents in closing at $1.29 after a transfer of 18,989 stocks, EduFocal popped 10 cents to end at $2.25 with traders dealing in 2,977,397 shares, Everything Fresh dropped 31 cents in closing at $1.49 after an exchange of 3,889 stock units. Fontana shed 30 cents to close at $11.30 after trading 71,687 stocks, Future Energy declined 9 cents to close at $3.72 while 62,991 units were traded, GWest Corporation gained 8 cents and ended at 98 cents in switching ownership of 25,790 shares. Honey Bun rose 20 cents to end at $6.46, with 10,500 units crossing the exchange, iCreate dipped 10 cents to 60 cents with a transfer of 118,653 stocks, Indies Pharma skidded 24 cents and ended at $2.90 with investors dealing in 6,289 stock units. 
Iron Rock Insurance advanced 17 cents to close at $2.19 in an exchange of 3 shares, Jetcon Corporation fell 12 cents to end at 88 cents after 82,000 stocks crossed the market, JFP Ltd shed 15 cents in closing at $1.46 in trading 250,400 units. Knutsford Express declined $1.42 to $11.32 with shareholders swapping 8,811 stock units, Lasco Financial rallied 16 cents to $2.06 in an exchange of 338,329 shares, Lasco Manufacturing lost 37 cents and ended at $4.55, with 8,493 stocks clearing the market. Main Event increased $1.05 to end at $15 with an exchange of 14,906 units, Medical Disposables climbed 60 cents to close at $3.50, with 1,000 stock units changing hands, Paramount Trading popped 13 cents to $1.40 after 600 shares passed through the market. Regency Petroleum skidded 15 cents to end at $2.30 as investors exchanged 47,740 stock units, 
Spur Tree Spices dropped 26 cents in closing at $2.19, with 47,735 units crossing the market and tTech gaining 30 cents and ended at $2.35 with investors transferring five stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls but JSE USD Market rises
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 75 percent, valued 85 percent lower than on Tuesday, resulting from trading in seven securities, compared to four on Tuesday with one rising, two declining and four ending unchanged.
A total of 73,498 shares were traded for US$5,221 compared to 296,100 units at US$34,738 on Tuesday.
Trading averaged 10,500 units at US$746, versus 74,025 shares at US$8,685 on Tuesday compared to trading in—October with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 3.00 points to finish at 229.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4.37 US cents, with 640 units crossing the market, Margaritaville remained at 12.7 US cents after trading 1,411 stocks, 
Proven Investments ended at 15.5 US cents closed with an exchange of 1,372 shares. Sterling Investments advanced 0.26 of a cent in closing at 1.96 US cents in an exchange of 50,816 stocks, Sygnus Credit Investments declined 0.12 of a cent to close at 8.56 US cents with investors transferring 162 shares and Transjamaican Highway remained at 1.65 US cents after exchanging 17,297 units.
In the preference segment, JMMB Group 5.75% shed 5 cents in closing at US$1.95 after 1,800 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market drops, Juniors & JSEUSD markets rise
The Jamaica Stock Exchange Main Market closed to start the new month, with the leading indices dropping in trading on Wednesday. In contrast, JSE Junior and JSE USD Markets closed higher to start November positively, with a drop in the volume and value of stocks traded.
At close, the JSE Combined Market Index dived 3,567.53 points to close at 329,247.85, while the All Jamaican Composite Index dropped 2,746.69 points to 348,729.70, the JSE Main Index sank 4,097.53 points to end trading at 314,703.29. The Junior Market Index rose 29.83 points to close at 3,892.70 and the JSE USD Market Index rallied 2.94 points to end at 229.02.
Investors traded only 16,178,017 shares in all three markets, down from 43,456,356 stock units on Tuesday. The value of stocks traded fell on the Junior and Main markets to $106.3 million from $162.09 million on Tuesday. The JSE USD market closed after 73,498 shares were traded for US$5,221 compared to 296,100 units at US$34,738 on Tuesday.
In the preference segment, Jamaica Public Service 7% gained $6.46 in closing at $48.46.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.4 on 2022-23 earnings and 11.1 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options in the local stock market successfully. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trinidad Exchange slips into November
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 10 percent with a 25 percent lower value than on Tuesday resulting in the trading of 20 securities compared with 19 on Tuesday, with eight stocks rising, seven declining and five remaining unchanged.
Investors exchanged 310,882 shares for $1,784,800 versus 282,937 stock units at $2,364,755 on Tuesday.
An average of 15,544 shares were exchanged for $89,240 down from 14,891 units at $124,461 on Tuesday, compared to an average for October of 15,711 shares at $151,451.
The Composite Index declined 1.19 points to 1,192.85, the All T&T Index lost 8.12 points to finish at 1,816.78, the SME Index remained unchanged at 79.99 and the Cross-Listed Index advanced 0.87 points to 73.52.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Angostura Holdings shed 35 cents in closing at $22.15 in an exchange of 51 stock units, Calypso Macro Investment Fund climbed 9 cents to $22.61 after 10 shares passed through the market, Endeavour Holdings ended at $15 as investors exchanged 120 units. 
First Citizens Group remained at $49.25 in trading 210 stocks, FirstCaribbean Bank increased 25 cents to close at $7 after a transfer of 25,000 shares, GraceKennedy popped 1 cent to close at $3.40 in switching ownership of 68,412 stocks. Guardian Holdings declined 99 cents and ended at $19 after an exchange of 56 stock units, Guardian Media gained 19 cents in closing at $2.20, with 800 stock units changing hands, L.J. Williams B share rose 1 cent to close at $2.40 after 94 shares crossed the exchange. Massy Holdings lost 1 cent to end at $4.59 with traders dealing in 50,442 stocks, National Enterprises advanced 4 cents in closing at $3.55 while exchanging 302 units, National Flour Mills dipped 3 cents to $1.60 with investors swapping 830 stock units. NCB Financial ended at $2.84 after an exchange of 137,593 shares, Prestige Holdings remained at $11.50 after 14,316 stock units crossed the market, Republic Financial fell 46 cents to end at $118.29 with an exchange of 3,803 units. 
Scotiabank rallied 9 cents to $72.60 after investors ended trading 738 stocks, Trinidad & Tobago NGL rose $1 to $12.50 with an exchange of 5,242 units, Trinidad Cement skidded 3 cents to close at $2.90 and closed with an exchange of 1,254 stocks. Unilever Caribbean remained at $10.60 with investors transferring 1,251 shares and West Indian Tobacco dipped 1 cent to end at a 52 weeks’ low of $10.30, with 358 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
