Gains for JSE Main Market


The Jamaica Stock Exchange Main Market ended trading with rising stocks exceeding those declining by a good margin and delivering a notable bounce for the market at the close on Tuesday, following trading in 63 securities for a second consecutive day and ended with prices of 26 rising, 16 declining and 21 ending firm. The volume of stocks traded fell by 77 percent and the value was 90 percent lower than on Monday, with no stock repeating the $473 million worth of GraceKennedy shares traded on Monday.
The market closed with 5,128,169 shares trading valued at $66,428,387 compared with 22,311,420 stock units at $692,219,403 on Monday. Trading averaged 81,400 shares at $1,054,419 compared with 354,150 stocks for $10,987,610 on Monday.  Trading month to date, an average of 768,832 stock units at $7,146,078 compared with 834,952 shares at $7,731,993 on the previous day and an average of 286,669 stocks at $2,555,172 in November. On a day of relatively light trades, Transjamaican Highway was the leading volume trade with 2.60 million shares for 50.7 percent of total volume followed by Wigton Energy with 767,667 units for 15 percent of the day’s trade and Victoria Mutual Investments with 349,493 stock units for 6.8 percent market share. The All Jamaican Composite Index advanced 2,726.93 points to finish at 371,756.44, the JSE Main Index rose 2,406.09 points to settle at 323,687.81 and the JSE Financial Index dipped 0.04 points to end at 66.01. The Investor’s Choice bid-offer indicator shows eight 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 14.1. The JSE Main and 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 2025. At the close of trading, AS Bryden gained $1.50 in ending at $32 with an exchange of 3,063 stock units, Barita Investments dropped $1.20 to close at $73.50 with 16,179 shares clearing the market, Berger Paints popped 69 cents to end at $7.70 with an exchange of 499 stocks. JMMB Group sank 91 cents in closing at $21.50 after 14,581 units changed hands, Margaritaville rallied $3.04 to finish at $12.56 in an exchange of 16 shares, Proven Investments rose $1.13 to close at $18.48 with 2,804 stock units crossing the market. Scotia Group climbed 50 cents to $51.50 with a transfer of 47,554 stocks, Supreme Ventures increased $1.93 and ended at $22.23 as investors exchanged 25,309 units and Sygnus Real Estate Finance slipped $1.74 to close at $9 in switching ownership of 567 shares. In the preference segment, 138 Student Living preference share advanced $29.70 to end at a 52 weeks’ closing high of $326.70 with investors trading 21 units, Productive Business Solutions 10.5% preference share popped $78 in closing at $1,072 after an exchange of 90 stocks and Sygnus Credit Investments C10.5% rallied $4.50 to finish at $105 with just 5 stock units changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 35 percent decline in the volume of stocks traded, but with a 51 percent greater value than on Monday with trading in all 48 securities for a second consecutive day and ending with prices of 22 rising, 17 declining and nine closing unchanged.

The market closed with 6,532,143 shares being exchanged valued at $15,215,637 from 10,101,374 units at $10,045,327 on Monday. Trading ended with an average of 136,086 shares at $316,992 compared with 210,445 stock units at $209,278 on Monday. The month to date ends with an average of 369,794 units at $1,065,627 from 392,320 stock units at $1,137,785 on the previous day and compared with an average of 309,920 shares at $766,307 in November.
Lumber Depot led trading with 4.11 million shares for 62.8 percent of total volume followed by ONE on ONE Educational with 466,086 units for 7.1 percent of the day’s trade and RA Williams with 417,898 stock units for 6.4 percent market share.
At the close of trading, the Junior Market Index rose 15.80 points to 3,666.76. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial rose 42 cents to close at $18.02 with 799 shares changing hands, Blue Power climbed 85 cents to $5.05 after an exchange of 2,029 stocks, CAC 2000 increased 14 cents in closing at $2.10 with 5,785 shares clearing the market. Consolidated Bakeries popped 10 cents and ended at $2.19 after a transfer of 51 stock units, Dolphin Cove declined by 35 cents to end at $18.05 with 6,896 shares crossing the market, Elite Diagnostic gained 18 cents to finish at $2.01 with an exchange of a mere 5 stocks. Fontana fell 19 cents and ended at $8.01 180,131 units passed through the market, GWest Corporation advanced 7 cents to 97 cents with traders dealing in 1,180 stock units, Honey Bun rallied 10 cents to end at $8.50 after an exchange of 14,930 shares. ISP Finance rose $1.50 in closing at $23.50 with investors trading just one stock unit, Jamaican Teas fell 8 cents to finish at $2.10 with 19,848 units crossing the exchange, KLE Group skidded 18 cents to close at $1.04 after investors ended trading 100 stocks. Knutsford Express advanced $1.05 to $11.50 with 956 shares changing hands, Lumber Depot sank 17 cents to end at $2.50 with investors trading 4,105,346 stock units, Mailpac Group popped 18 cents in closing at $2.78 in an exchange of 161,247 units. Medical Disposables slipped 28 cents and ended at $1.69 with 1,635 stocks crossing the market, Spur Tree Spices lost 9 cents to finish at $1.89 in trading 29,264 shares, Stationery and Office Supplies dropped 11 cents to close at $1.51 in switching ownership of 3,108 stock units. Tropical Battery gained 9 cents to close at $2.59 as investors exchanged 54,473 stocks and tTech shed 10 cents in closing at $2 with a transfer of 41,677 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise state

Trading falls back as prices rise on Jamaica Stock Exchange


Trading ended on Tuesday on the Jamaica Stock Exchange with a fall in the volume and the value of stocks that were exchanged and prices mostly rising compared to Monday, resulting in the Main Market major indices gaining, the Junior Market index and the JSE USD Market index closing higher with trading ending with prices of 52 shares rising, 34 declining and 34 remaining firm.

At the close of the market, the JSE Combined Market Index advanced 2,414.24 points to 335,828.73, the All Jamaican Composite Index gained 2,726.93 points to end at 371,756.44, as the JSE Main Index rallied 2,406.09 points to close at 323,687.81, with the Junior Market Index rising 15.80 points to settle at 3,666.76 and the JSE USD Market Index gained 0.13 points to finish at 227.37.
At the close of trading, 18,391,923 shares were exchanged in all three markets, down from 32,527,574 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $81.64 million, well below the $702.26 million on the previous day and the JSE USD market closed with an exchange of 6,731,611 shares for US$194,285 up from just 114,780 units at US$59,785 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.60 million stocks followed by Wigton Energy with 767,667 shares and Victoria Mutual Investments with 349,493 units.
In Junior Market, Lumber Depot led trading with 4.11 million stocks followed by ONE on ONE Educational with 466,086 shares and RA Williams with 417,898 units.
In the preference segment, 138 Student Living preference share rallied $29.70 to close at $326.70, Productive Business Solutions 10.5% preference share increased $78 to $1,072 and Sygnus Credit Investments C10.5% climbed $4.50 and ended at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on projected 2024-25 earnings and 20.4 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information that will help in decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense. Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

GraceKennedy is Main Market’s top trade


GraceKennedy was the most valuable traded stock on the Jamaica Stock Exchange Main Market on Monday, with 6.56 million shares changing hands with a value of $473 million or 68 percent of the total value of shares traded in the Main market and pushed the value of stocks traded up 72 percent more than on Friday even as the volume of stocks traded declined by 27 percent following trading in 63 securities up from 58 on Friday, with prices of 26 rising, 24 declining and 13 ending unchanged.

The market closed with 22,311,420 shares trading valued $692,219,403 compared to 30,419,280 stock units at $401,684,771 on Friday. Trading ended with an average of 354,150 shares at $10,987,610 compared to 524,470 stocks at $6,925,599 on Friday and for the month to date, an average of 834,952 stock units at $7,731,993 compared with 886,118 shares at $7,385,534 on the prior trading day and well above the  average of 286,669 stock units at $2,555,172 in November.
Supreme Ventures led trading with 7.08 million shares for 31.7 percent of total volume followed by GraceKennedy with 6.56 million stock units for 29.4 percent of the day’s trade, Transjamaican Highway finished with 2.57 million stock units for 11.5 percent market share and Wigton Energy with 1.43 million units for 6.4 percent of total volume.
The All Jamaican Composite Index dropped 1,371.52 points to 369,029.51, the JSE Main Index lost 730.18 points to finish at 321,281.72 and the JSE Financial Index rallied 0.34 points to end at 66.05. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and just one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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 2025.
At the close, AS Bryden skidded $3.84 to $30.50 in an exchange of 299 shares, Barita Investments rose $1.20 to $74.70 with 3,348 stocks crossing the market, Berger Paints fell 79 cents to $7.01 with an exchange of 671 shares. Caribbean Cement rallied $1.43 to close at $78 with 19,987 stock units changing hands, Caribbean Producers shed 45 cents and ended at $8 with investors exchanging 49,988 shares, Jamaica Producers gained $2.48 to finish at $24.48 after an exchange of a mere 6 stock units. Jamaica Stock Exchange climbed 43 cents and ended at $13.43 after trading 4,086 units, Margaritaville lost $2.45 to close at $9.52 as investors exchanged a mere 25 stocks, Massy Holdings popped $1 to close at $82 in trading 300,319 shares. Mayberry Group gained 48 cents in closing at $7.99 with just 10 units crossing the market, Pan Jamaica advanced $1.98 to finish at $50 in switching ownership of 4,538 stocks, Proven Investments dropped $2.11 to end at $17.35 and closed after 2,936 stock units changed hands.  dropped $1 and closed at $51 after investors traded 32,015 shares, Supreme Ventures dipped $2.20 to $20.30 with traders dealing in 7,080,763 stocks and Sygnus Real Estate Finance rose $1.74 to end at $10.74 after an exchange of 275 units.
In the preference segment, Jamaica Public Service 7% climbed 95 cents to close at $43.95 with investors swapping 994 stock units, 138 Student Living preference share popped $42 and ended at $297 in an exchange of just 2 shares, Productive Business Solutions 10.5% preference share sank $78 to finish at $994 with investors dealing in 190 stocks and Sygnus Credit Investments C10.5% declined $4.50 and ended at $100.50 after 4,870 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for Junior Market


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Monday, with a doubling in the volume of stocks traded and carrying a 10 percent lower value than Friday with trading in 48 securities up from 43 on Friday and ending with prices of 14 rising, 26 declining and eight closing unchanged.

The market closed with trading of 10,101,374 shares for $10,045,327 compared to 5,057,362 stock units at $11,180,391 on Friday. Trading ended with an average of 210,445 shares at $209,278 compared with 117,613 stock units at $260,009 on Friday with trading for the month to date, averaging 392,320 stock units at $1,137,785 compared to 411,720 stock units at $1,236,825 on the prior trading day and November with an average of 309,920 shares at $766,307.
One Great Studio led trading with 4.89 million shares for 48.4 percent of total volume followed by RA Williams with 1.07 million units for 10.6 percent of the day’s trade and EduFocal with 716,012 stock units for 7.1 percent market share.
At the close of trading, the Junior Market Index declined a sizable 40.81 points to close trading at 3,650.96. The Investor’s Choice bid-offer indicator shows a positive reading for Tuesday trading with nine stocks ending with bids higher than their last selling prices and only one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Access Financial lost $2.20 to close at $17.60 with 858 shares passing through the market, Blue Power dropped 50 cents to $4.20 with investors trading a mere 38 stocks, CAC 2000 shed 40 cents to end at $1.96 in an exchange of just 233 shares. Caribbean Assurance Brokers declined 26 cents in closing at $2.70 with investors trading just 376 stock units, Caribbean Flavours sank 24 cents to finish at $1.18 after a transfer of 9,500 shares, Consolidated Bakeries increased 19 cents to $2.09 with traders dealing in 30 units. Dolphin Cove slipped 10 cents to $18.40 in switching ownership of 5,540 stocks, Elite Diagnostic fell 18 cents and ended at $1.83 with 3,315 stock units clearing the market, Everything Fresh skidded 11 cents to end at $2.12 after an exchange of 11,105 shares. Future Energy popped 15 cents in closing at $3.86 with 50,995 changing hands, GWest Corporation sank 8 cents to close at 90 cents in an exchange of 9,449 stocks, Honey Bun dipped 10 cents to finish at $8.40 after 13,483 stock units passed through the market. Jetcon Corporation fell 11 cents to $1.10 as investors exchanged 170,053 shares, KLE Group gained 21 cents to land at $1.22 with a transfer of a mere 96 stocks, Knutsford Express dived $2.45 to close at $10.45 with 665 stock units crossing the exchange. Lumber Depot rose 11 cents to end at $2.67 with investors trading 318,489 stock units, Mailpac Group sank 15 cents in closing at $2.60 after an exchange of 163,547 shares, Main Event advanced 10 cents to finish at $10.90 in trading just 7 units. Medical Disposables dropped 8 cents and ended at $1.97 and closed with an exchange of 2,048 stocks, Paramount Trading sank 31 cents to a 52 weeks’ low of 91 cents with investors swapping 689 stock units, Regency Petroleum lost 7 cents in closing at $3.01 with an exchange of 45,325 shares. Stationery and Office Supplies rallied 15 cents to end at $1.62 crossing the market 4,503 units and tTech climbed 10 cents to finish at $2.10 with investors dealing in 25 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

GraceKennedy overshadows JSE trading


GraceKennedy with an exchange of 6.56 million shares with a value of $473 million was the dominant trade on the Jamaica Stock Exchange on Monday, with the overall market ending with the volume of stocks traded falling moderately below that on Friday with the value climbing solidly higher as the market closed with declines in all the major indices. At the close of trading the prices of 43 shares rose, 50 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index declined 990.86 points to settle at 333,414.49, the All Jamaican Composite Index shed 1,371.52 points to conclude trading at 369,029.51, the JSE Main Index lost 730.18 points to end at 321,281.72, the Junior Market Index lost 40.81 points to close trading at 3,650.96 and the JSE USD Market Index lipped 1.20 points to 227.24.
Trading resulted in an exchange of 32,527,574 shares in all three markets, down from 35,576,411 units on Friday, with the value of stocks traded on the Junior and Main markets jumping to $702.26 million, well above the $412.87 million on the previous trading day and the JSE USD market closed with an exchange of 114,780 shares for US$59,785 compared to 99,769 units at just US$4,828 on Friday.
In Main Market activity, Supreme Ventures led trading with 7.08 million stocks followed by GraceKennedy with 6.56 million shares and Transjamaican Highway with 2.57 million units.
In Junior Market trading, One Great Studio led with 4.89 million stocks followed by RA Williams with 1.07 million shares and EduFocal with 716,012 units.
In the preference segment, 138 Student Living preference share gained $42 in closing at $297, Productive Business Solutions 10.5% preference share dropped $78 to $994, Sygnus Credit Investments C10.5% fell $4.50 to finish at $100.50.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2024-25 earnings and 20 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors regularly with 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 within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Scotia Group back in ICTOP10  


The Jamaica Stock Exchange, Main and Junior markets popped just under one percent for the week with the All Jamaica Composite Index now trading positively for the year following the collapse since March and now seems set to end the year above the 2023’s close, with the movements resulting with six changes to the three TOP10 listings.

The week’s movement resulted in four stocks gaining and four falling in the Junior Market ICTOP10. Two stocks rose and five declined in the Main Market TOP10. In the All JSE TOP10, compiled from all listed ordinary stocks on the JSE, Pulse Investments, with the potential to gain 500 percent, took over the number one position in all markets from Guardian Holdings with potential gains of 433 percent.
For a fourth week, Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by AMG Packaging.
In the Junior Market ICTOP10, Access Financial rose 13 percent to $19.80 and Caribbean Flavours gained 9 percent to end at $1.42. Express Catering and Lumber Depot dipped 5 respectively.

In Main Market ICTOP10 activity JMMB Group gained 4 percent after ending at  $22.46.  Margaritaville dived 17 percent to $11.97 and Pulse Investments dropped 16 percent to $1.
Stocks joining the TOP10 include Scotia Group, fresh from reporting solid full year results. The stock entered the All JSE TOP10 based on projected 2025 earnings and the Main Market list, with Margaritaville entering following the fallout of General Accident and AMG Packaging. Coming into the Junior Market ICTOP10 are Image Plus and Knutsford Express and falling out are Jamaican Teas and Caribbean Flavours.
In the Main Market, QWI Investments is in the TOP10, with the fallout of General Accident and NCB Financial, with the latter immediately below the TOP10.
The average PE for the JSE Main Market ICTOP 10 stands at 5, well below the market average of 14.2 and the Junior Market TOP10 sits at 8, more than half of the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 347 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 167 percent gain over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market have PEs between 15 to 106, with an average of 28 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, 21 percent of the market, with PEs ranging from 15 to 31 with an average of 21 and a PE of 18 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.In Main Market ICTOP10 activity

Wigton & Sagicor Select push Main Market trading


Wigton Energy and Sagicor Select Manufacturing & Distribution Fund captured more than half of stock traded on the Jamaica Stock Exchange Main Market on Friday resulting in a 280 percent jump in the volume of stocks changing hands with a value 980 percent more than on Thursday and ending with an exchange of 58 securities, the same as Thursday, with prices of 19 rising, 25 declining and 14 ending unchanged.

The market closed with 30,419,280 shares trading for $401,684,771 up from just 7,996,027 stock units at $37,197,500 on Thursday. Trading ended with an average of 524,470 shares at $6,925,599 compared to 137,863 stock units at $641,336 on Thursday and for the month to date, an average of 886,118 units at $7,385,534 down from 925,398 shares at $7,435,489 on the prior day and November that ended with an average of 286,669 stock units at $2,555,172.
Sagicor Select Manufacturing & Distribution Fund the lead trade, accounted for 8.53 million shares, 28 percent of total volume and just below, Wigton Energy with 8.27 million stock units for 27.2 percent of the day’s trade, Transjamaican Highway was next with 4.65 million units for 15.3 percent market share, GraceKennedy with 3.05 million shares for 10 percent of trading, Lasco Manufacturing chipped in with 1.13 million stocks for 3.7 percent market share and Jamaica Broilers with 1.11 million units for 3.6 percent of total volume.
The All Jamaican Composite Index dropped 1,830.32 points to end at 370,401.03, the JSE Main Index shed 996.12 points to close at 322,011.90 and the JSE Financial Index dipped 0.84 points to cease trading at 65.71. The Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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 2025.
At the close of trading, AS Bryden climbed $3.39 to close at $34.34 after an exchange of 42,294 stock units, Caribbean Cement lost $1.40 to settle at $76.57 with 202,662 shares exchanging hands, Caribbean Producers increased 45 cents to $8.45 as investors exchanged 153,531 units. Carreras dipped 52 cents to end at $12.45 with 50,379 stocks crossing the market, Eppley popped $2.34 and ended at $32.84 after an exchange of 3,411 units, Margaritaville rallied $1.47 to finish at $11.97 with investors swapping 850 stocks. Massy Holdings rose 99 cents to end at $81 with an exchange of 2,554 shares, Mayberry Group sank 49 cents to close at $7.51 with 21,024 stock units crossing the market, MPC Caribbean Clean Energy shed $4.38 to finish at $70 in an exchange of 10 shares. Pan Jamaica declined $2.98 and ended at $48.02 with traders dealing in 1,910 stocks, Proven Investments advanced $2.36 to end at $19.46 with 7,379 units switching owners, Scotia Group fell $1.13 to close at $52 with investors dealing in 910,024 stock units ahead of the group releasing full year’s results with EPS of $6.48, up a respectable 17 percent from $5.54 in 2023 and in line with ICInsider.com forecast of $6.50 and Supreme Ventures gained 45 cents to $22.50 clearing the market with 86,394 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors up Main Market down


Trading climbed sharply Friday on the Jamaica Stock Exchange with a rise in the value and volume of stocks exchanged over Thursday, resulting in the Main Market major indices declining, the Junior Market index rising and the JSE USD Market slipping modestly. At the close of the market, the prices of 43 shares rose, 44 declined and 20 remained firm.

At the end of trading, the JSE Combined Market Index sank 913.83 points to 334,405.35, the All Jamaican Composite Index skidded 1,830.32 points to end at 370,401.03, the JSE Main Index fell 996.12 points to close at 322,011.90, the Junior Market Index gained just 5.41 points to end the day at 3,691.77 and the JSE USD Market Index dipped 0.09 points to finish at 228.44.
At the close, 35,576,411 shares were exchanged in all three markets, up from 13,725,384 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $412.87 million, up from $43.03 million on the previous day and the JSE USD market closed with an exchange of 99,769 shares for US$4,828 down from 786,467 units at US$21,436 on Thursday.
In Main Market activity, Sagicor Select Manufacturing & Distribution Fund led trading with 8.53 million stocks followed by Wigton Energy with 8.27 million shares and Transjamaican Highway with 4.65 million units.
In Junior Market trading, Derrimon Trading led with 826,221 stocks followed by Kintyre Holdings with 634,117 shares and Fosrich with 630,700 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 projected earnings and 20.5 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other 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 within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2023 and the 2024 actual or projected earnings, excluding  major one time income or expense.

Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

JSE Main Market to post gains in 2024


Stocks put in a B showing with the main indices surging sharply higher on the Jamaica Stock Exchange Main Market on Thursday, with recent movements putting it on track to end the year with gains. The move higher follows an 18 percent drop in the volume of stocks changing hands and a 35 percent lower value than on Wednesday, resulting from trading in 58 securities, a fall from 60 on Wednesday, with prices of 19 rising, 23 declining and 16 ending unchanged.

Carreras traded at a 52 weeks’ high of $12.97, Scotia Group ended at a 52 weeks’ closing high of $53.13, Margaritaville traded at an intraday 52 weeks’ low of $8.98 but ended at a 52 weeks’ closing low of $10.50 and NCB Financial hit an intraday 52 weeks’ low of $48.58, with the price bouncing to close at $50.35.
The market closed with 7,996,027 shares trading for $37,197,500 from 9,736,528 units at $57,271,565 on Wednesday. Trading ended with an average of 137,863 shares valued  $641,336 compared to 162,275 stocks at $954,526 on Wednesday and month to date, an average of 925,398 units at $7,435,489 compared with 1,021,359 shares at $8,263,348 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Trading was led by JMMB 9.5% preference share with 3.07 million shares for 38.4 percent of total volume followed by Transjamaican Highway with 2.20 million stock units for 27.5 percent of the day’s trade and Wigton Energy with 1.31 million units for 16.3 percent of the day’s trade.
The All Jamaican Composite Index surged 4,323.53 points to settle at 372,231.35, up 1.4 percent for the year to date. The JSE Main Index jumped 2,486.67 points to 323,008.02, down 0.8 percent year to date and the JSE Financial Index rose 1.51 points to settle at 66.55. The Investor’s Choice bid-offer indicator ended with a positive read, showing 14 stocks ended with bids higher than their last selling prices and just three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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 2025.
At the close of the market, Berger Paints popped 70 cents to close at $7.70 and closed after 72 stocks changed hands, Caribbean Producers increased 40 cents to $8 after an exchange of 8,185 units, Carreras climbed 96 cents to finish at a 52 weeks’ high of $12.97 in trading 263,211 shares. Eppley rose 50 cents and ended at $30.50 after 5,050 stock passed through the market, Eppley Caribbean Property Fund gained $4 to end at $37 in an exchange of 7 shares, First Rock Real Estate fell 47 cents in closing at $8.20 with investors trading 22,500 stocks. Jamaica Producers dropped $2.50 to $22 in an exchange of 606 units, Margaritaville shed $2.72 in closing at 52 weeks’ low of $10.50 with investors dealing in 1,118 stock units, with the price falling to an intraday 52 weeks’ low of $8.98, before rebounding, Massy Holdings sank $7.69 to end at $80.01 after an exchange of 99,003 shares. Mayberry Group advanced 40 cents to finish at $8 with investors swapping 11 units, Pan Jamaica dipped 45 cents and ended at $51 with 1,197 stocks crossing the exchange, Proven Investments sank $1.60 to close at $17.10 after a transfer of 1,036 stock units. Seprod rallied 50 cents to $85 as investors exchanged 15,598 shares and Sygnus Real Estate Finance skidded $1.96 and ended at $9.04 in switching ownership of 15,372 units.
In the preference segment, 138 Student Living preference share dropped $65.31 to finish at $255 with 5 stocks changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.