Solid gains for JSE Main Market


Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the market indices rising meaningfully following a solid 71 percent rise in the volume of stocks traded after six companies traded more than 1 million shares led to a 362 percent jump in value compared to that on Friday, following trading in 58 securities, similar to that on the previous trading day, resulting in prices of 19 stocks rising, 25 declining and 14 ending unchanged after Transjamaican Highway traded at another record high and Sagicor Group hit a new 52 weeks’ low.

The market closed with 24,637,211 shares trading for $361,770,151 up robustly from 14,408,912 stock units at $78,350,856 on Friday. Trading ended with an average of 424,780 shares at $6,237,416 in comparison to 248,430 stocks at $1,350,877 on Friday and for the month to date, an average of 250,640 stock units at $2,424,323 up from 235,029 shares at $2,082,500 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy was the leading traded stock with 6.22 million shares for 25.2 percent of total volume followed by Sagicor Group with 5.48 million stock units for 22.3 percent of the day’s trade, Transjamaican Highway ended with 5.16 million stock units for 20.9 percent market share, Wisynco Group chipped in with 4.03 million stock units for 16.4 percent of traded shares and Carreras with 1.17 million units for 4.7 percent of total volume.
For a third consecutive day, the Main Market two major indices rose, with the All Jamaican Composite Index advancing 1,489.75 points to end at 362,505.92, the JSE Main Index climbed 1,016.57 points to close at 314,506.05 and the JSE Financial Index advanced 0.17 points to conclude trading at 64.88. The Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Barita Investments rallied 50 cents to  end at $73.50 with investors trading 2,354 shares, Berger Paints popped 99 cents to close at $7.99 with just 642 stocks passing through the market, Caribbean Cement rallied 50 cents to $72.50 after a transfer of 15,814 shares. First Rock Real Estate lost 50 cents to end at $10 with 726 units crossing the exchange, Guardian Holdings rose $12.79 and ended at $310 with 64 shares changing hands, Jamaica Broilers gained $3.28 to finish at $38.88 with 194,027 stock units passing through the market. Massy Holdings skidded 75 cents and ended at $74 with 13,440 stocks crossing the exchange, 

MPC Caribbean Clean Energy sank $2.94 to $72.06 with investors dealing in 243 units, Sagicor Group declined $2.70 to end at a 52 weeks’ low of $36.55 after an exchange of 5,481,963 stock units. Scotia Group increased $1.97 to $48.97 with a mere 8,738 units crossing the market, Seprod climbed 79 cents to finish at $84.79 with traders dealing in 2,782 shares, Supreme Ventures fell 88 cents to $21.50 after a transfer of 18,473 stock units and Transjamaican Highway ended with trading of 5.16 million stock units with a rise of 11 cents to a record close of $4.20 after trading a an intraday record high or $4.49.

In the preference segment, Jamaica Public Service 7% dipped $1.50 to $42 with 240 shares having been traded, 138 Student Living preference shares sank $41.72 to $236.42 after an exchange of 14 stock units and Productive Business Solutions 10.5% preference share rose $45.50 and ended at $1,060.50 with investors trading 301 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Jamaica Stock Exchange


Trading Monday on the Jamaica Stock Exchange ended with a fall in the volume of stocks exchanged with a value substantially more than on Friday, resulting in all the primary market indices rising. At the close of trading the prices of 44 shares rose, 47 declined and 24 remained firm.

At the close of the market, the JSE Combined Market Index increased 1,044.79 points to 327,265.47, the All Jamaican Composite Index  rose 1,489.75 points to 362,505.92, the JSE Main Index rallied 1,016.57 points to end trading at 314,506.05, the Junior Market Index climbed 10.14 points to settle at 3,696.89, and the JSE USD Market Index popped 3.33 points to 226.38.
At the close of trading, 44,701,831 shares were exchanged in all three markets, from 46,105,865 stock units on Friday, with the value traded on the Junior and Main markets amounted to $406.59 million, much greater than the $151.16 million on the previous day and the JSE USD market closed with an exchange of 4,993,262 shares for US$460,060 well over 494,374 units at US$24,068 on Friday.
In Main Market activity, Wigton Energy led trading with 6.22 million stocks followed by Sagicor Group with 5.48 million shares and Transjamaican Highway with 5.16 million units.
In Junior Market trading, Fontana led trading with 3.38 million stocks followed by EduFocal with 3.33 million shares and Jamaican Teas with 1.82 million units.
In the preference segment, Jamaica Public Service 7% declined $1.50 in closing at $42, 138 Student Living preference share shed $41.72 to $236.42 and Productive Business Solutions 10.5% preference share gained $45.50 to close at $1060.50.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 earnings 20.2 based on the 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 listed on the Jamaica Stock Exchange, and are grouped by industry, 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 any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. 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.

Q3 results shake up ICTOP10


  1. Earnings season ends for most Jamaica Stock Exchange listed companies with a sleuth of results posted in the past week. With the Bank of Jamaica’s monetary policy squeezing the economy and hurricane disruptions added, most listed companies’ results reflect the battering inflicted by these developments. The end result, stock prices were mostly muted, with a few exceptions.

Some bright spots last week are, Transjamaican trading at a record high over $4, Scotia Group traded at 52 weeks’ high just shy of $49 and Sygnus Credit Investments at a 52 weeks’ high of $13.40, at the same time, the Jamaica Stock Exchange reported healthy third quarter results.
The two primary markets closed slightly down for the week, with the All Jamaica Composite declining 2,660 points or 0.7 percent, the JSE Main Index falling 4,228 points or 1.3 percent and the Junior Market Indices slipping 96 points or 2.6 percent.
Against the above developments, four stocks gained and 5 fell in the Junior Market TOP10, in the Main Market TOP10 only three stocks gained and 5 declined.
As was the case in the previous week, Guardian Holdings continues to hold on to the number one buy position by a wide margin, in all markets and the All JSE TOP10 compiled from all ordinary stocks listed on the Jamaica Stock Exchange. This list is more exact than the Junior and Main Market TOP10 listing 20 stocks. Caribbean Cream now holds the number one spot in the Junior Market followed by Elite Diagnostics.
In the Junior Market ICTOP10, tTech ran up 17 percent to close at $2.50, following the additional 20 percent of the company’s shares acquired by Simply Secure taking their ownership to 69.1 percent, effectively triggering a mandatory takeover offer. Express Catering ran up a 9 percent rally to $3.50 and Caribbean Cream gained 6 percent to close at $3.35. Iron Rock Insurance fell 8 percent to $4.05 and Elite Diagnostic shed 5 percent to close at $2.10.
In the Main Market ICTOP10, the only winning stock of note is 138 Student Living, with a 6 percent rise to $4.32. Berger Paints dropped 17 percent to $7, with Guardian Holdings falling 6 percent to $297.20.
Following third quarter results, tTech, One Great Studio and Caribbean Assurance Brokers fell out of the Junior Market IC TOP10. The three were replaced by Jamaican Teas, Caribbean Flavours and the intra-island passenger carrie, Knutsford Express. Margaritaville entered the JSE Main Market ICTOP 10, replacing Jamaica Broilers. tTech and Caribbean Assurance Brokers dropped out of the All JSE TOP10 and were replaced by Margaritaville and AMG Packaging.
The average PE for the JSE Main Market ICTOP 10 stands at 5.1, well below the market average of 14.1 and the Junior Market TOP10 sits at 6.7, just more than half of the market, with an average of 13.1.
The Main Market ICTOP10 is projected to gain an average of 314 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve 179 percent over the same period.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market have PEs between 15 to 103, with an average of 28 and 21 excluding the highest PE ratios, and a PE of 23 for the top half of the market with the highest values and 17 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, 27 percent of the market, with PEs ranging from 15 to 32 with an average of 21 and a PE of 17 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.

Trading drops on JSE Main Market


Trading ended on the Jamaica Stock Exchange Main Market on Friday, with a 41 percent drop in the volume of stocks traded with the value 64 percent lower than on Thursday, following trading in 58 securities compared with 61 on Thursday, with prices of 16 stocks rising, 26 declining and 16 ending unchanged, with three stocks closing at 52 weeks’ high and the market indices ending the day higher.

The market closed with 14,408,912 shares trading for $78,350,856 down sharply from 24,228,317 stock units valued $219,452,208 on Thursday. Trading averaged 248,430 shares at $1,350,877 from 397,186 stocks at $3,597,577 on Thursday and month to date, an average of 235,029 units at $2,082,500 compared to 233,710 shares at $2,154,544 on the prior day and October with an average of 205,025 stock units at $2,311,672.
At the close, Wigton Energy led trading with 6.86 million shares for 47.6 percent of total volume followed by Transjamaican Highway with 2.85 million units for 19.8 percent of the day’s trade and Kingston Wharves with 801,675 stock units for 5.6 percent market share.
The All Jamaican Composite Index increased 322.06 points to finish at 361,016.17 the JSE Main Index climbed 1,227.82 points to settle at 313,489.48 and the JSE Financial Index popped 0.17 points to close at 64.71. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and eight with lower offers.
The Main Market ended the week with an average PE Ratio of 14.9. 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 close of the market, AS Bryden gained $2.88 and ended at $33.99 with traders dealing in just one share, Barita Investments rose $1.80 to $73 with 6,160 stock units switching owners, Berger Paints shed $1.50 to $7 with 3,801 shares changing hands, following the release of nine months results with a third quarter loss and a small profit year to date. Caribbean Cement climbed $1 to end at $72 after a transfer of 6,490 stock units, First Rock Real Estate popped 50 cents to end at $10.50 with investors dealing in 102 shares, Guardian Holdings sank $7.79 to finish at $297.21 with 4,286 stock units clearing the market and sitting at an extremely undervalued price. Jamaica Broilers declined 84 cents to $35.60 with investors trading 26,387 units, Jamaica Producers shed $1.84 and ended at $20.15 in an exchange of 12,955 stocks, Kingston Wharves advanced 60 cents to close at $31 following the trading of 801,675 shares. Mayberry Group increased 59 cents to finish at $8 after an exchange of 26,613 stocks, Mayberry Jamaican Equities rallied 65 cents to end at $9.65 with investors swapping 61,180 units, NCB Financial rose 56 cents to $51.39 after an exchange of 194,903 stock units. Proven Investments advanced 99 cents to $18.99 trading 4,462 shares, Sagicor Group dropped 75 cents to $39.25 as investors exchanged 6,191 units, Scotia Group sank $1.99 to close at $47 with 30,567 stocks crossing the market. Seprod skidded $1 to end at $84 with investors trading 9,002 stock units and Sygnus Credit Investments popped $1.20 to finish at $13 in an exchange of 279,705 shares. In the preference segment, Jamaica Public Service 9.5% fell $4.98 and ended at $2,890 with a just one stock unit passing through the market. 

138 Student Living preference share dipped $12.85 to $278.14 with 4 units switching owners and Productive Business Solutions 10.5% preference share lost $85 to end at $1,015 with 200 stocks crossing the market.

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

tTech drove up Junior Market trading


tTech commanded attention in trading on Friday with 20 percent of the total issued shares of the company amounting to over 21 million shares at a price up to $2.50 with trading closed on the Junior Market of the Jamaica Stock Exchange with a 885 percent rise in the volume of stocks traded, with an 803 percent jump in the value over Thursday, following trading in 46 securities compared with 45 on Thursday and ending with prices of 16 rising, 19 declining and 11 closing unchanged.

The market closed with trading of 31,202,579 shares for $72,811,860 compared with 3,168,694 units at $8,066,603 on Thursday.
Trading averaged 678,317 shares at $1,582,867 compared to 70,415 stocks at $179,258 on Thursday with the month to date, averaging 400,912 units at $1,038,950 versus 371,577 stock units at $981,433 on the previous day and October with an average of 196,034 shares at $399,810.
tTech led trading activity with 21.24 million shares for 68.1 percent of total volume followed by Dolla Financial with 2.67 million stock units for 8.6 percent of the day’s trade and MFS Capital Partners with 1.18 million units for 3.8 percent of the share of the market’s trade.
At the close of trading, the Junior Market Index advanced by just 12.13 points to finish at 3,686.75. The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.2, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading, Caribbean Assurance Brokers rose 34 cents to $3.34 in an exchange of 1,299 shares, Dolphin Cove gained 11 cents to $20 with investors dealing in 12,268 stocks, Elite Diagnostic popped 26 cents to close at $2.10 with a transfer of 5,025 shares. Everything Fresh skidded 28 cents to end at $2.12 after an exchange of 12,000 stock units, Fontana fell 9 cents to finish at $8.10 with investors trading 908,530 shares, Fosrich sank 12 cents and ended at $2.07 with 841,200 units traded. Honey Bun dipped 19 cents to $8.50 with 13,270 stocks passing through the market, Indies Pharma lost 10 cents to close at $2.90 with investors trading 682,707 stock units, Iron Rock Insurance advanced 23 cents to finish at $4.05 after a transfer of 94,109 shares. ISP Finance increased $3 and ended at $23 with a mere 2 stock units crossing the exchange, JFP Ltd slipped 10 cents to 90 cents trading 128,509 units, KLE Group climbed 25 cents to end at $1.34 with a mere 11 stock units crossing the market.  Knutsford Express rallied 43 cents to $12.45 in an exchange of 1,255 shares, Lasco Financial popped 10 cents to $1.75 and closed trading with 133 stocks, Mailpac Group sank 16 cents and ended at $2.34 with traders dealing in 15,229 units. Medical Disposables fell 57 cents to finish at a 52 weeks’ low of $1.55 with 6 stock units changing hands, MFS Capital Partners shed 11 cents to close at 58 cents after an exchange of 1,178,460 shares, Paramount Trading dropped 10 cents to end at $1.18 with investors swapping 135,793 stock units. Regency Petroleum climbed 13 cents to $2.93 with 170,839 units clearing the market and tTech increased 50 cents to $2.50 as investors exchanged 21,242,055 stocks.

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

All Jamaica Stock Exchange markets gain


All markets gained at the close on Friday on the Jamaica Stock Exchange, with a rise in the volume of stocks traded but with a lower value than Thursday, resulting in prices of 35 shares rising, 46 declining and 29 remaining firm.

At the close of the market, the JSE Combined Market Index rallied 1,261.07 points to conclude trading at 326,220.68, the All Jamaican Composite Index popped 322.06 points to end at 361,016.17, the JSE Main Index rallied 1,227.82 points to close at 313,489.48, the Junior Market Index gained 12.13 points to settle at 3,686.75 and the JSE USD Market Index rose 1.27 points to 223.05.
At the close of trading, 46,105,865 shares were exchanged in all three markets, up from 27,680,217 units on Thursday, with the value of stocks traded on the Junior and Main markets dropping to $151.16 million, quite a bit lower than the $227.52 million on the previous day. The JSE USD market closed with an exchange of 494,374 shares for US$24,068 up from 283,206 units at US$16,423 on Thursday.
In Main Market activity, Wigton Energy led trading with 6.86 million stocks followed by Transjamaican Highway with 2.85 million shares and Kingston Wharves with 801,675 units.
In Junior Market trading, tTech led trading with 21.24 million stocks followed by Dolla Financial with 2.67 million shares and MFS Capital Partners with 1.18 million units.
In the preference segment, Jamaica Public Service 9.5% sank $4.98 to $2,890, 138 Student Living preference share slipped $12.85 to close at $278.14, Productive Business Solutions 10.5% preference share sank $85 to end at $1,015.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 on 2024-25 earnings 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 2024 and 2024 actual or projected earnings, excluding any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. 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.

Trading pumps JSE Main Market prices


Trading activities jumped sharply on Thursday on the Jamaica Stock Exchange Main Market, ending with a 121 percent pop in the volume of stocks traded with the value climbing 83 percent higher than Wednesday and resulting in trading in 61 securities up from 56 on Wednesday, with prices of 32 rising, 21 declining and eight ending unchanged.

The market closed with 24,228,317 shares trading for $219,452,208 well over 10,953,752 stock units valued $119,800,922 on the previous day.  Trading averaged 397,186 shares at $3,597,577 up healthily from just 195,603 stock units at $2,139,302 on Wednesday. For the month to date, trading ended with an average of 233,710 units at $2,154,544 up from 214,823 shares at $1,987,830 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 9.0 million shares for 37.1 percent of total volume followed by Lasco Manufacturing with 5.64 million stock units for 23.3 percent of the day’s trade, Wisynco Group with 2.21 million stock units for 9.1 percent market share, Transjamaican Highway ended with 1.98 million stock units for 8.2 percent market share after the stock traded at a record high of $3.96 and Jamaica Broilers with 1.42 million units for 5.8 percent of total volume.
The All Jamaican Composite Index jumped 1,603.80 points to finish at 360,694.11, the JSE Main Index gained 989.89 points to end at 312,261.66 and the JSE Financial Index dipped 0.13 points to end at 64.54. The Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14. 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 an active market, Barita Investments slipped $1.80 and ended at $71.20 in an exchange of 9,734 stocks, Caribbean Cement popped $1 to $71 with 43,158 shares crossing the market, Carreras rose 57 cents to end at $11.60 after an exchange of 244,915 stocks. Eppley Caribbean Property Fund rose $6.75 to $36.90 with a transfer of 436 units, General Accident rallied 48 cents to finish at $6.49 after a mere 889 shares crossed the exchange, GraceKennedy sank 49 cents to close at $74 with trading in 392,208 units. Guardian Holdings fell $5 to $305 as 52 stocks crossed the exchange, Jamaica Broilers skidded 55 cents to close at $36.44 with investors trading 1,416,515 stock units, Jamaica Producers increased $1.88 to $21.99 with an exchange of 227,289 shares. Lasco Manufacturing sank 43 cents and ended at $7.10 with a transfer of 5,644,394 units, Margaritaville dipped $2.18 to end at $12.61 as investors exchanged 119 stocks, Massy Holdings advanced $4.89 to finish at $75 after a transfer of 31,841 stock units. Mayberry Group fell 49 cents and ended at $7.41 with investors dealing in 5,521 shares, Mayberry Jamaican Equities declined 78 cents to $9 after an exchange of 659 units, MPC Caribbean Clean Energy shed $13 to close at $75 with investors swapping 2,375 stocks. Portland JSX dropped 50 cents to finish at $10.30 with 50,000 stock units clearing the market, Proven Investments gained $1 to end at $18 with traders dealing in 5,660 shares, Sagicor Group rose 75 cents to $40 with 9,973 units switching owners. Scotia Group rallied $1.99 to close at a 52 weeks’ high of $48.99 with investors trading 75,002 stocks, Seprod increased 50 cents and ended at $85 as 1,122 stock units changed hands and Wisynco Group climbed 50 cents to $21.50 with 2,206,238 shares having been traded.

In the preference segment, Jamaica Public Service 7% popped $3.28 to $43.50 in an exchange of 1,150 stock units and 138 Student Living preference shares advanced $81 to close at $290.99 with a mere 5 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Poor profits knock Junior Market


A raft of third quarter results were released over the past three days most with poor results that weighted down on the Junior Market of the Jamaica Stock Exchange, on Thursday following a sharp 83 percent decline in the volume of stocks traded, with 84 percent lower value than Wednesday, resulting from trading in 45 securities compared with 42 on Wednesday and ending with prices of 15 rising, 20 declining and 10 closing unchanged.

The market ended with trading of 3,168,694 shares for just  $8,066,603 down from 18,313,636 stock units at $49,138,059 on Wednesday. Trading averaged 70,415 shares at $179,258 versus 436,039 stocks at $1,169,954 on Wednesday. The month to date, averages 371,577 units at $981,433 compared to 406,327 stock units at $1,073,991 on the previous day and October with an average of 196,034 shares at $399,810.
Dolla Financial led trading with 860,716 shares for 27.2 percent of total volume followed by Spur Tree Spices with 324,861 units for 10.3 percent of the day’s trade and Mailpac Group with 242,018 stock units for 7.6 percent market share.
At the close of trading, the Junior Market Index dropped 29.94 points to end at 3,674.62. The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
At the close, CAC 2000 shed 25 cents to finish at $2 with 64,455 shares crossing the market, Cargo Handlers gained 20 cents to end at $10.60 with investors dealing in 100 shares, as Caribbean Assurance Brokers sank 47 cents to $3, after 100,315 stocks changed hands. Caribbean Flavours slipped 10 cents in closing at $1.30 after an exchange of 1,242 units, Dolla Financial rose 11 cents to end at $3.06 with 860,716 stocks clearing the market, Elite Diagnostic lost 44 cents to close at $1.84 with 51,905 shares clearing the market. Everything Fresh climbed 12 cents to $2.40 with investors trading 15,759 stock units, Express Catering increased 32 cents to close at $3.52 after a transfer of 37,723 units, Fontana popped 19 cents and ended at $8.19, with 118,119 shares switching owners. Iron Rock Insurance sank 59 cents in closing at $3.82, after 50,000 units passed through the market, ISP Finance dipped $3.98 to end at $20 with a transfer of 70 stocks, KLE Group fell 23 cents to finish at $1.09 with investors swapping 10,000 stock units. Knutsford Express skidded 43 cents to $12.02 with 1,724 shares traded, Mailpac Group advanced 18 cents to close at $2.50 after 242,018 units crossed the market, Main Event dropped 43 cents and ended at $10.80 after investors traded 30,255 stocks. Paramount Trading rallied 8 cents to $1.28 with 18,157 stock units changing hands and Tropical Battery declined 9 cents to end at $2.50 after an exchange of 300 shares.

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

Gains for Main Market stocks but Juniors drop


The Jamaica Stock Exchange ended with a fall in the volume of stocks traded with the value rising over that on Wednesday, resulting in big price movements for Main Market stocks and declines in Junior Market stock as profit results disappoint. At the close of trading the prices of 51 shares rose, 46 declined and 19 remained firm.

At the close of the market, the JSE Combined Market Index advanced 731.49 points to 324,959.61, the All Jamaican Composite Index rose 1,603.80 points to 360,694.11, the JSE Main Index rallied 989.89 points to close at 312,261.66, the Junior Market Index sank 29.94 points to 3,674.62 and the JSE USD Market Index lost 1.69 points to close trading at 221.78.
At the close of trading, 27,680,217 shares were exchanged in all three markets, down from 32,998,129 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $227.52 million, greater than the $168.94 million on the previous day and the JSE USD market closed with an exchange of 283,206 shares for US$16,423 compared to 3,730,741 units at US$237,829 on Wednesday.
In Main Market activity, Wigton Energy led trading with 9.0 million stocks followed by Lasco Manufacturing with 5.64 million shares and Wisynco Group with 2.21 million units.
In the Junior Market, Dolla Financial led trading with 860,716 stocks followed by Spur Tree Spices with 324,861 shares and Mailpac Group with 242,018 units.
In the preference segment, Jamaica Public Service 7% rose $3.28 to finish at $43.50 and 138 Student Living preference share advanced $81 to $290.99.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 on 2024-25 earnings 20.21 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 2024 and 2024 actual or projected earnings, excluding any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. 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.

Murders poised for 22 year low with unemployment at record low


Murders in Jamaica have plunged sharply in recent months, data from the Jamaica Constable force shows, putting the rate at an annualized level of under 1,000 per annum, levels the trend in 2024 suggest is possible for 2025 as increased employment and low unemployment is helping in a major way in aiding the reduction as indicated by historical data.

If the above is achieved, it would put murders in line to match the 976 cases in 2003 and the lowest in more than two decades. If the security forces make further inroads the social malady, the numbers next year could fall well below the 2003 outcome.
For the period to November 9, this year murders dropped a significant 20.5 percent compared to the similar period in 2023. The latest date shows continuing acceleration in the fall from 14.5 percent up to July 6. Earlier in the year the number of murders per day was over three and is now running around 2.67 percent, still high but moving in the right direction.
The economy is cooperating with crime reduction, by delivering low unemployment and less potential recruits for criminal activities. Historical data shows a strong relationship between increased unemployment and increased murders starting in late 1990s and the reverse is now taking place with low unemployment.
Unemployment rose sharply between in 1977 as the economy contracted significantly, accompanied by capital and human flight. The unemployment rate of just over 11.2 percent in 1975 jumped to 23.8 percent in 1977 and to 27.7 percent in 1979 and remained around 26 percent to 1989, with a few years of modest fall. From 1990 the unemployment numbers started to moderate as can be seen from the chart, but increased murders had just started to climb in 1990 a 15 year lag from the sharp jump in unemployment that provided a greater pool of recruits for criminal activities for several years.
Except for 1980, when murders climbed to 889 amidst a bitter general election, murders were kept below 500 per year until 1990 when it hit 542 and gradually climbed to a high of 1,683 in 2009 with 2005 not far behind with 1,674 and 2017 with 1,647 as employment worsened.