Trading activity closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a mild slippage in the volume of stocks traded, with 38 percent lower value than on Tuesday resulting from trading in 46 securities up from 44 on Tuesday and ending with prices of 20 rising, 17 declining and nine closing unchanged.
The market closed with trading of 8,063,040 shares for $14,011,886 compared with 8,243,054 units at $22,444,796 on Tuesday.
Trading averaged 175,283 shares at $304,606 down from an average of 187,342 stock units at $510,109 on Tuesday with the month to date, averaging 171,354 stocks at $386,922 compared to 170,980 shares at $394,761 on the previous day and September with an average of 419,421 units at $774,292.
JFP Ltd led trading with 3.17 million shares for 39.4 percent of total volume followed by One Great Studio with 1.30 million units for 16.1 percent of the day’s trade and EduFocal with 956,757 stock units for 11.9 percent market share.
At the close of trading, the Junior Market Index fell 22.73 points to 3,728.39. Investor’s Choice bid-offer indicator shows just one stock ending with a bid higher than the last selling price and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 12.1, 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 fell $1.01 to close at $20.68 with 236 shares crossing the market, Blue Power dropped 10 cents to $3.89 in switching ownership of 4,393 stocks, CAC 2000 rallied 33 cents and ended at $2.41 after closing with just 7 shares changing hands. Dolphin Cove lost $1.60 in closing at $19.85 with 19,918 stock units clearing the market, Everything Fresh increased 17 cents to finish at $2.39 after an exchange of 72,081 shares, Express Catering popped 8 cents to end at $3.43 market after 105,718 stocks passed through the.
Image Plus dipped 9 cents in closing at $1.53 in an exchange of 55,187 units, Jetcon Corporation advanced 12 cents to $1.17 with traders dealing in 200 stock units, Knutsford Express sank 82 cents to finish at $11.62 in an exchange of 401,283 shares. Main Event slipped 25 cents and ended at $11.34 with investors swapping 50 units, MFS Capital Partners rose 9 cents to close at 81 cents after 112,262 stocks crossed the exchange and tTech climbed 34 cents to end at $2.10 with investors trading 237 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index rose 1,760.76 points to 326,230.15, the All Jamaican Composite Index jumped 3,577.52 points to end trading at 358,937.25, the JSE Main Index popped 2,012.28 points to 313,186.67, the Junior Market Index shed 22.73 points to 3,728.39, and the JSE USD Market Index skidded 0.95 points to close at 221.29.
The market’s PE ratio, the most popular measure used to value stocks, ended at 21.3 based on 2023-24 earnings and 13 based on 2024-25 projected earnings. The ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated data 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 EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
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.
At the close of trading, the JSE Combined Market Index rose 894.57 points after closing at 324,469.39, the All Jamaican Composite Index fell 1,294.91 points to end at 355,359.73
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.
The market closed with 6,034,933 shares trading valued $30,473,110 compared to 11,475,735 stocks at $77,364,981 on Monday.
JMMB Group rallied $1.60 to $23.60 with investors trading in 35,551 stock units, NCB Financial sank 42 cents to close at $53.50 with 6,344 stock units crossing the exchange, Pan Jamaica gained $1.60 and finished at $48.90 with investors trading 569 shares. Proven Investments slipped 78 cents and ended at $15.50 after 1,400 stock units passed through the market, Sagicor Real Estate Fund rose 65 cents in closing at $8 trading 139,471 stocks, Scotia Group lost 43 cents to end at $44.97 in an exchange of 2,284 units. Supreme Ventures advanced $1.08 in closing at $22.88 with 117,925 stocks crossing the market and Sygnus Real Estate Finance popped 53 cents to $10.53 with investors swapping 473 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 8,243,054 shares for $22,444,796 compared with 4,540,755 units at $8,078,268 on Monday.
Elite Diagnostic dipped 9 cents in closing at $2.40 with 2,804 shares changing hands, Future Energy sank 10 cents to close at $3.50 with investors dealing in 139,537 units. Iron Rock Insurance rose 60 cents to $4 with 115,874 stocks crossing the exchange, Main Event rallied 29 cents to end at $11.59 with investors swapping 2 stock units, Medical Disposables increased 19 cents in closing at $2.39 after 363 shares passed through the market. MFS Capital Partners declined 12 cents and ended at 72 cents with 13,810 stock units changing hands and Regency Petroleum climbed 7 cents to close at $2.82 with investors trading 50,002 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index shed 2,096.14 points to 323,574.82, the All Jamaican Composite Index skidded 1,331.62 points to close trading at 356,654.64 and the JSE Main Index sank 2,353.97 points to 310,266.31. The Junior Market Index rose 21.52 points to end at 3,747.45 and the JSE USD Market Index rallied 1.68 points to end the day at 222.28.
In the preferred segment, Eppley 7.50% preference share slipped 99 cents to $5.61 and Sygnus Credit Investments C10.5% sank $2 to end at $103.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 market closed after trading 11,475,735 shares with a value of $77,364,981 compared with 5,075,111 units at $49,246,082 on Friday.
The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
Kingston Wharves advanced $1.37 to $27.37 with an exchange of 8,028 units, Mayberry Group declined 40 cents to end at $7.80, with 14,656 stock changing hands, NCB Financial popped $2.12 in closing at $53.92 after a transfer of 18,281 shares. Pan Jamaica lost $1.69 and ended at $47.30 with investors trading 419,586 stock units, Sagicor Group dropped 75 cents to end at $39.05 in switching ownership of 126,560 units, Seprod increased $3 to finish at $83 with investors trading 6,931 stocks and Supreme Ventures fell $1.09 to $21.80 with 24,630 shares crossing the exchange.
JMMB Group 7.25% due 2024 preference share skidded 44 cents and ended at $1.81 with 84,000 units crossing the market and Sygnus Credit Investments C10.5% sank $2 to end at $103 in an exchange of 1,800 stocks.
The market closed with trading of 4,540,755 shares valued $8,078,268, up from 2,465,676 units at $4,887,449 on Friday.
The Junior Market ended trading with an average PE Ratio of 11.7, based on the last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Jamaican Teas advanced 7 cents to close at $2.31 with a mere 10 units clearing the market, Knutsford Express dropped 11 cents to finish at $12.44 in an exchange of 5,963 stocks. Limners and Bards rose 25 cents to $1.50 with investors trading 37,990 shares, Lumber Depot fell 15 cents to end at $2.75 in an exchange of 264,220 stock units, Main Event climbed 30 cents in closing at $11.30 with investors dealing in 340 units. Medical Disposables dipped 23 cents to close at $2.20 after the trading of 2,097 stocks, MFS Capital Partners increased 14 cents to finish at 84 cents with 144,073 units crossing the exchange, Regency Petroleum sank 7 cents and ended at $2.75 with a transfer of 73,909 stocks and Tropical Battery slipped 14 cents to $2.46 after an exchange of 8,560 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with an exchange of 5,083,717 shares for a total sum of $55,164,698 compared to 11,714,898 units at $61,785,252 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.9. 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.
NCB Financial slipped 40 cents in closing at $52 after closing with an exchange of 6,993 stocks, Pan Jamaica fell $1.99 to $47, with 3,282 shares crossing the exchange, Proven Investments declined $1.19 and ended at $18.50 with investors trading 4,057 stock units. Sagicor Group climbed 75 cents to $40.75 after a transfer of 6,473 shares, Scotia Group skidded $1.24 to end at $44 with traders dealing in 23,673 units, Sygnus Credit Investments rose 32 cents and ended at $10.99 in an exchange of 226 stocks and Wisynco Group advanced 40 cents to close at $20.50 with investors trading 2,210,502 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market ended with 2,576,485 shares trading at $4,262,470 down from 9,854,162 units at $24,889,108 on Tuesday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
Jetcon Corporation fell 5 cents to close at 85 cents in switching ownership of 500 stocks, Mailpac Group skidded 8 cents to finish at $2.07 after an exchange of 119,499 stock units. Main Event sank 50 cents to close at $12, with 552 shares crossing the market, Regency Petroleum popped 14 cents to finish at $2.40 with investors swapping 19,551 units, Spur Tree Spices slipped 5 cents and ended at $2.10 in an exchange of 8,170 stock units. Stationery and Office Supplies advanced 5 cents to close at $1.69 after investors ended trading 240 stock units and tTech lost 29 cents to end at $2.65 as investors exchanged 50 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.