GWest jumps 58%, Kintyre set for big jump  


The Junior Market of the Jamaica Stock Exchange closed out the past week with mixed performance. The market index climbed 4.3 percent to close at 3,050.16, the highest point since the first week of July, with a many stocks recording gains well ahead of the market average and several that fell below. Looking ahead, ICInsider.com projects ten Junior Market stocks to deliver the Best returns over the next twelve months.

Kintyre Holdings tops the ICTOP 10 list by a wide margin, with a projected return of 1,076 percent, reflecting expectations of a major recovery or re-rating relative to its current price, when the suspension of trading in its shares is lifted.
Top Winners. GWest Corporation, surprisingly ended as the week’s standout performer, in surging 57.5 percent, with the stock benefiting from improving results, suggesting that profitability is not far off. Image Plus Consultants followed with a 35.7 percent gain as investors cheered improving profitability, and Caribbean Cream advanced 24.6 percent, ahead of second quarter results, expected to build on solid first quarter numbers. R.A. Williams Distributors climbed 20.6 percent, following the first quarter results showing profit at 50 percent of the 2024 full year results, the year it was listed, while Blue Power Group rose 13.4 percent. Everything Fresh gained 12.5 percent, Derrimon Trading Company added 12.4 percent and Dolla Financial Services improved by 11.1 percent in hitting a 52 weeks high. Dolphin Cove and Elite Diagnostic tied for the tenth spot, each rising 8.6 percent for the week.
Top Losers. CAC 2000 led the market’s losers, shedding 16.67 percent for the week, the steepest decline among all Junior Market stocks. One on One Educational Services, followed with a fall of 9.72 percent and ISP Finance Services, down 9.2 percent. The Limners and Bards slipped 4.55 percent, while Omni Industries dipped 3.19 percent. Rounding out the bottom half of the losers’ list, Regency Petroleum slipped 2.64 percent, Stationery and Office Supplies fell 2.53 percent, One Great Studio Company eased 2.38 percent, Paramount Trading lost 2.22 percent and MFS Capital Partners closed out the list, with a 2.08 percent fall.

IC TOP10 Junior Market Stocks. Looking ahead, ICInsider.com’s projections for the next twelve months identify ten Junior Market stocks expected to deliver the Best returns. Kintyre Holdings tops the list by a wide margin, with a projected return of 1,076 percent, reflecting expectations of a substantial earnings recovery or re-rating relative to its current price, when it suspension from trading is lifted. Express Catering follows, with a projected 464 percent, and Caribbean Assurance Brokers at 357 percent, both suggesting the market has yet to price in anticipated earnings growth for these. Caribbean Cream, despite already ranking among this week’s top winners, is still projected to gain a further 268 percent over the period, with first quarter results suggesting full year earnings over 50 cents, while MFS Capital Partners is forecast at 190 percent even after its weekly decline, indicating ICInsider.com views the pullback as a buying opportunity rather than a shift in fundamentals.
Omni Industries is projected to return 164 percent, and R.A. Williams Distributors 163 percent, both continuing the momentum reflected in this week’s trading. Access Financial Services is forecast at 149 percent, Fontana at 140 percent and Main Event Entertainment Group closes the list at a projected 137 percent return. Collectively, the forecast suggests ICInsider.com sees meaningful upside remaining across the Junior Market even where near-term weekly price action has been volatile, with the projections built on expected earnings growth relative to current trading levels through fiscal years ending around August 2027.

Scotiabank ups offer to $75 for Scotia Group


Scotiabank today announced an increase in the price to acquire the shares of the minority shareholders in Scotia Group Jamaica to $75 from $61.50 per share that was originally offered in June. The new offer of $75 per share represents an increase of just over 12 percent over the original offer.  

According to the release, “the offer was increased due to Scotia Group Jamaica’s significant second- and third quarter results. SCHL agreed that an increase to the purchase price in their proposal was warranted to provide shareholders with additional value and facilitate the successful completion of the Transaction.”

“Some large institutional shareholders entered into voting support arrangements in favour of the Transaction at the increased price. These shareholders collectively hold 21.12% of the minority shareholding in SGJL.”

Importantly, since the offer was announced in mid June NCB Group shares climbed from %2 to a high of $77.99 and have been trading around $67 since. This move would have encouraged institutional investors to demand more for their shares. 

Since COVID, Scotia Group slashed the annual dividend from an average over 40 percent of profits that they have been paying for years to the high 20 percent level. The new price has not factored in the dividend shortfall of several years.

Trading surges on the Junior Market


Trading activity closed on the Jamaica Stock Exchange Junior Market Monday, with the volume of stocks traded jumping 190 percent, with the value surging 377 percent more than Friday, following trading in 43 securities, compared with 41 on Friday and ending with prices of 17 rising, 22 declining and four closing unchanged.

The market closed with trading of 15,797,464 shares for $29,523,288, compared with 5,447,885 units at $6,185,164 on Friday.
Trading averaged 367,383 shares at $686,588, compared to 132,875 stock units at $150,858 on Friday. Trading for the month to date ended with an average of 230,125 units at $390,483 compared with 222,654 shares at $374,366 on the previous day and an average of 433,821 shares at $676,565 for August.
Jamaican Teas led trading with 2.33 million shares for 14.7 percent of total volume followed by Stationery and Office Supplies which ended with 2.0 million stocks for 12.7 percent of the day’s trade, Woodcats International closed with 1.88 million stocks for 11.9 percent of the volume traded, Mailpac Group closed with 1.54 million units for 9.8 percent of the volume traded and Lumber Depot with 1.11 million units for 7 percent of market share.
At the close of trading, the Junior Market Index gained 7.04 points to conclude trading at 3,057.20. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.6. ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close, Atlantic Hardware rallied 6 cents to $1.52 and ended in an exchange of 200,238 units, Cargo Handlers popped $1.30 to $15.70 after trading of 247 stocks, Caribbean Cream declined by 68 cents to end at $2.31, with trading of 14,797 shares. Consolidated Bakeries lost 6 cents and ended at $1.39 in switching ownership of 3,000 stock units, Elite Diagnostic slipped 13 cents and ended at $1.52, with 2,861 shares changing hands, Everything Fresh fell 39 cents to finish at $1.50 with investors trading 75,304 units. Fontana rallied 10 cents to $6.35 after a transfer of 31,495 stocks, Fosrich increased 12 cents to end at $1.38, after 533,936 stock units passed through the market, Honey Bun climbed 5 cents in closing at $6.15 in an exchange of 228,613 shares. ISP Finance rose 91 cents to close at $8.51, with 250,788 units changing hands, Jetcon Corporation advanced 23 cents to finish at $4.75 in an exchange of 118,058 stocks, JFP shed 6 cents and ended at 38 cents with 403,624 stock units clearing the market. Knutsford Express dropped 85 cents to $7.80 after an exchange of 1,775 shares, Limners and Bards dipped 8 cents to end at 97 cents with 383,948 stocks being traded, Lumber Depot rose 15 cents in closing at $2.70 with dealings in 1,108,457 stock units. Mailpac Group skidded 12 cents and ended at $2.28, with 1,541,128 units crossing the exchange, One Great Studio gained 6 cents to finish at 47 cents in trading 920,293 shares, ONE on ONE Educational popped 6 cents to close at 71 cents with 416,812 stock units crossing the market. Paramount Trading fell 8 cents to 80 cents with investors trading 111,890 units, Regency Petroleum climbed 5 cents and ended at $4.10 with an exchange of 22,303 stocks and Stationery and Office Supplies increased 11 cents to finish at $1.65 after trading of 2,001,034 shares.
Prices of securities trading are those for the last transaction.

Winners beat losers by a big margin on the Jamaica Stock Exchange


Trading closed Monday on the Jamaica Stock Exchange after a rise in the volume of stocks traded, at a lower value than on Friday. Trading ended with the major indices of the Main Market and the Junior Market index rising while the JSE USD Market declined. At the end of trading, prices of 55 shares rose, 39 declined and 22 remained firm.

At the end of the market activity, the JSE Combined Market Index rallied 729.97 points to 377,335.57, with the All Jamaican Composite Index popping 3,083.96 points to 443,622.55, the JSE Main Index rose 710.66 points to 371,694.62, the Junior Market Index climbed by 7.04 points to 3,057.20 and the JSE USD Market Index skidded 2.84 points to finish at 294.52.
At the close of trading, 28,778,925 shares were exchanged in all three markets, up from 25,582,644 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $267.13 million, down from $290.55 million on the previous day. Trading on the JSE USD market closed with an exchange of 798,381 shares for US$86,114 compared to 681,520 units at US$106,010 on Friday.
In Main Market activity, Sagicor Group led trading with 2.30 million shares, followed by Radio Jamaica with 2.0 million stocks and Transjamaican Highway with 1.88 million units.
In Junior Market trading, Jamaican Teas led with 2.33 million shares, followed by Stationery and Office Supplies with 2.0 million stocks and Woodcats International with 1.88 million units.
In Main Market ordinary share activity, Barita Investments increased $3.51 to finish at $74.00, MPC Caribbean Clean Energy climbed $2.50 to $21.00, Caribbean Cement popped $1.95 to end at $111.95, Quantas Advantage rallied $1.50 in closing at a record high of $24.50 and Pan Jamaica rose $1.47 and ended at $44.10. Among the top losers, AS Bryden shed $5.40 to close at $19.00, NCB Financial dropped 82 cents to $67.00, Sygnus Real Estate Finance lost 40 cents in closing at $7.50, JMMB Group dipped 32 cents to finish at $20.43 and Kingston Wharves fell 23 cents and ended at $33.22.
In the preference segment, Jamaica Public Service 9.5% gained $44.20 to end at $2,200, 138 Student Living preference share rose $27.99 to $229 and Productive Business Solutions 10.5% declined $250 to end at $1,000.
In the Junior Market, among the top winners, Cargo Handlers gained $1.30 to end at $15.70, ISP Finance advanced 91 cents to close at $8.51, Jetcon Corporation popped 23 cents to $4.75, Lumber Depot climbed 15 cents to close at $2.70 and Fosrich rose 12 cents and ended at $1.38. Among the top losers, Knutsford Express declined 85 cents to close at $7.80, Caribbean Cream skidded 68 cents to finish at $2.31, Everything Fresh slipped 39 cents and ended at $1.50, Elite Diagnostic lost 13 cents in closing at $1.52 and Mailpac Group skidded 12 cents to $2.28.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.3 and 16.8 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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.

Increased JSE Main Market trading


Investors pumped more money into trading on the Jamaica Stock Exchange Main Market on Friday, pushing the number of stocks changing hands up by 15 percent and the value 114 percent higher, compared to Thursday, with Supreme Ventures controlling 59 percent of stocks traded. The market closed with trading in 58 securities compared with 59 on Thursday and ended with prices of 20 rising, 18 declining and 20 ending unchanged.

Trading ended with an exchange of 19,453,239 shares valued at $284,365,684, after an increase from 16,948,175 stock units at $132,898,559 on Thursday.
Trading averaged 335,401 shares at $4,902,857 after climbing from 287,257 stock units at $2,252,518 on Thursday.
Trading for the month to date ended at an average of 292,317 stock units at $2,879,131, which is closely aligned with 289,939 shares at $2,767,451 on the previous day, but lower than the average of 895,289 stock units at $10,824,938 in August. Supreme Ventures led trading with 11.54 million shares for 59.3 percent of total volume followed by Transjamaican Highway with 3.14 million units for 16.1 percent of the day’s trade and Lasco Distributors with 707,124 stocks for 3.6 percent of the volume traded.
The All Jamaican Composite Index rallied 360.22 points to close at 440,538.59, the JSE Main Index climbed 1,179.39 points to 370,983.96 and the JSE Financial Index popped 0.37 points to 70.69. At the close, the Investor’s Choice bid-offer indicator shows six 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 15.8. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden gained $3.40 to end at $24.40 with 774 stocks crossing the market, Barita Investments popped $3.01 in closing at $70.49 in switching ownership of 50,914 units, Caribbean Cement skidded $1.95 to finish at $110 after an exchange of 21,554 shares. Eppley Caribbean Property Fund rallied $2.40 and ended at $42.70 following trading of 257 stock units, General Accident rose 63 cents to close at $8.63 with a transfer of 3,611 shares, Guardian Holdings fell $16.90 to end at $360 in an exchange of 2,498 units. Jamaica Broilers climbed 69 cents to $13.95 with 98,305 stocks passing through the market, Kingston Properties increased 40 cents to end at $11.90 after an exchange of 828 stock units, NCB Financial dropped 98 cents to close at $67.82 with 34,965 shares changing hands. Proven Investments lost 44 cents and ended at $9.35 after a transfer of 31,056 units, Sagicor Real Estate Fund dipped $1.40 to close at $8.33 with investors swapping 8,129 stocks and Scotia Group declined 50 cents to finish at $58.50 after trading of 11,922 stock units.

Prices of securities trading are thoseof the last transaction.

Junior Market climbs to 3 months high


Stocks were pushed higher on the Jamaica Stock Exchange Junior Market on Friday to close at a near three months high after prices of 19 stock rose, eight declined and 14 closed unchanged following trading in 41 securities, compared with 44 on Thursday. The volume of stocks traded fell 43 percent and the value of trades dropped 63 percent than Thursday.

The market closed with trading of 5,447,885 shares for $6,185,164, after sliding from 9,607,200 units at $16,791,971 on Thursday.
Trading averaged 132,875 shares at $150,858, after decreasing from 218,345 stocks at $381,636 on Thursday. Trading for the month to date averages 222,654 units at $374,366, compared to 227,568 stock units at $386,601 on the previous day and an average of 433,821 shares at $676,565 for August.
RA Williams ended trading as the market leader following an exchange of 2.27 million shares accounting for 41.7 percent of total volume, followed by Woodcats International with 1.14 million units for 21 percent of the day’s trade and EduFocal with 536,154 stocks for 9.8 percent of the volume traded.
At the close of trading, the Junior Market Index rose 35.43 points to settle at 3,050.16, the highest point since the first week of July. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
Trading closed on the Junior Market with an average PE of 11.5. ICInsider.com computes the PE ratios, which are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, Access Financial increased 30 cents to $19.30, with a transfer of a mere 26 units, Blue Power gained 43 cents and ended at $3.63, with investors trading 10,129 shares, Cargo Handlers dropped 10 cents to close at $14.40, in switching ownership of 12,990 shares. Caribbean Assurance Brokers gained 5 cents to close at $1.75 with 3,902 stock units clearing the market, Caribbean Cream rose 24 cents and ended at a 52 weeks high of $2.99 in an exchange of 155,780 shares, Caribbean Flavours advanced 16 cents to finish at $1.34 with 3,162 stock units crossing the market. Consolidated Bakeries climbed 7 cents and ended at $1.45 with investors trading 8,072 units, Elite Diagnostic rallied 13 cents to $1.65 with an exchange of 100 stocks, Express Catering increased 5 cents to close at $1.95 with 13,170 units changing hands. Fontana popped 23 cents to close at $6.25 with investors trading 29,541 stock units, Image Plus advanced 10 cents to end at a 52 weeks high of $1.90 after an exchange of 197,326 shares, Jamaican Teas rose 5 cents to finish at $2.15, with investors dealing in 10,000 stock units. Jetcon Corporation shed 23 cents and ended at $4.52 after trading of 122,727 shares, Knutsford Express rallied 65 cents to $8.65 with 387 stock units passing through the market, ONE on ONE Educational declined 7 cents in closing at 65 cents as investors exchanged 130,988 stocks and Stationery and Office Supplies climbed 12 cents to finish at $1.54 with 1,002 units crossing the market.
Prices of securities trading are those of the last transaction.

JSE Junior and Main Market rallies


Trading closed Friday on the Jamaica Stock Exchange, with the value of stocks traded almost doubling that on Thursday, after a relatively small fall in the volume of stocks changing hands. Trading resulted in major indices of the Main Market and the Junior Market index rising and a decline in the JSE USD Market index. At the end of trading, prices of 40 shares rose, 31 declined and 43 remained firm.

At the end of the market activity, the JSE Combined Market Index increased 1,381.98 points to end at 376,605.60, the All Jamaican Composite Index rallied 360.22 points to end at 440,538.59, the JSE Main Index gained 1,179.39 points to close at 370,983.96, the Junior Market Index rallied by 35.43 points to finish at 3,050, the highest level since the first week of July and the JSE USD Market Index slipped 4.89 points to settle at 297.36.
At the close of trading, 25,582,644 shares were exchanged in all three markets, down from 27,075,837 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $290.55 million, up from $149.69 million on the previous day. Trading on the JSE USD market closed with an exchange of 681,520 shares for US$106,010 compared to 520,462 units at US$43,778 on Thursday.
In Main Market activity, Supreme Ventures led trading with 11.54 million shares, followed by the regular leader, Transjamaican Highway with 3.14 million stocks and Lasco Distributors with 707,124 units.
In Junior Market trading, RA Williams led with 2.27 million shares, followed by Woodcats International with 1.14 million stocks and EduFocal with 536,154 units.
In Main Market ordinary share trading, AS Bryden climbed $3.40 in closing at $24.40, Barita Investments rose $3.01 to $70.49, Eppley Caribbean Property Fund advanced $2.40 to close at $42.70, Jamaica Broilers climbed 69 cents to $13.95 and General Accident rallied 63 cents to end at $8.63. Among the top losers, Guardian Holdings lost $16.90 to finish at $360.00, Caribbean Cement dipped $1.95 to $110.00, Sagicor Real Estate Fund fell $1.40 to close at $8.33, NCB Financial dropped 98 cents to end at $67.82 and Scotia Group shed 50 cents in closing at $58.50.
In the Junior Market, Knutsford Express gained 65 cents and ended at $8.65, Blue Power popped 43 cents to finish at $3.63, Access Financial rose 30 cents to $19.30, Caribbean Cream advanced 24 cents to close at a 52 weeks high of $2.99 and Fontana popped 23 cents in closing at $6.25. Among the top losers, Jetcon Corporation skidded 23 cents to finish at $4.52, Cargo Handlers declined 10 cents and ended at $14.40, ONE on ONE Educational slipped 7 cents and ended at 65 cents, Dolla Financial lost 3 cents to $4.11 and Lumber Depot slipped 2 cents and ended at $2.55.
At the close of trading, the PE ratio for the current year, compiled by ICInsider.com from projected 2026-27 earnings, is 13.5 and 16.5 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. The ICInsider.com PE ratio chart and daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Pertinent information is needed to navigate numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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.

Transjamaican Main Market leader


Transjamaican Highway continued to lead the Jamaica Stock Exchange Main Market, contributing nearly half of the total stocks traded on Thursday. The volume of stocks traded declined 48 percent, with a 61 percent lower value compared to Wednesday, following trading in 59 securities from 58 on Wednesday, with prices of 22 rising, 19 declining and 18 ending unchanged.

The market closed with 16,948,175 shares trading worth $132,898,559 in falling from 32,642,342 shares at $342,167,799 on Wednesday.
Trading averaged 287,257 shares at $2,252,518, after declining from 562,799 stock units at $5,899,445 on Wednesday. Trading for the month to date ended at an average of 289,939 stocks at $2,767,451, well aligned with 290,099 shares at $2,798,077 on the Wednesday and well below an average of 895,289 stocks at $10,824,938 in August.
Transjamaican Highway led trading with 8.07 million shares for 47.6 percent of total volume, followed by Wigton Energy with 2.94 million shares for 17.3 percent of the day’s trade and Sagicor Select Financial Fund with 1.95 million units for 11.5 percent of all stocks traded.
The All Jamaican Composite Index slipped 42.17 points to end at 440,178.37, the JSE Main Index fell 140.40 points to close at 369,804.57 and the JSE Financial Index declined a mere 0.30 points to settle at 70.32. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close, Barita Investments gained $2.33 to finish at $67.48 in swapping owners of 67,161 units, General Accident shed 74 cents to end at $8 after trading of 30,236 stocks, GraceKennedy dipped by $1.02 in closing at $79.98 with a transfer of 18,703 shares. Guardian Holdings rose $1.90 and ended at $376.90 after an exchange of 1,003 stock units, Jamaica Broilers fell $1.74 to end at $13.26 with 361,559 shares crossing the market, Kingston Properties skidded 44 cents to close at $11.50 in an exchange of 3,432 units. Kingston Wharves lost 56 cents to end at $33.44 with 10,553 stocks passing through the market, Margaritaville slipped $1.23 and ended at $6.97 with 13,417 shares changing hands, MPC Caribbean Clean Energy rallied 44 cents and ended at $18.45 with investors trading just one share. NCB Financial increased by $1.80 to close at $68.80 with an exchange of 4,748 stock units, Proven Investments climbed by 77 cents in closing at $9.79 with an exchange of 20,443 stock units, Quantas Advantage climbed by $1.44 and ended at $22.99 with investors exchanging 89,595 stock units. Seprod dipped $1 to close at $79, with an exchange of 115,358 units and Sygnus Credit Investments declined 48 cents to $10.52 after a transfer of 209,097 shares.
In the preference segment, Sygnus Credit Investments 10% advanced $1 to $104 with 500 stock units changing hands.
Prices of securities trading are those for the last transactions

Junior Market bounces to a 2-month high


Stocks rallied decisively on the Jamaica Stock Exchange Junior Market on Thursday, with winners outdoing losers by a wide margin, sending the market index nearly 35 points higher at the close, above 3,000 points, the highest point since July 24, following trading in 44 securities, compared with 45 on Wednesday and ending with prices of 23 rising, just 11 declining and 10 closing unchanged.

The market closed with a 33 percent rise in volume to 9,607,200 shares up from 7,242,815 units, for a 29 percent higher at $16,791,971, up from $12,972,389 on Wednesday.
Trading averaged 218,345 shares at $381,636, and jumping from 160,951 shares at $288,275 on Wednesday. Trading for the month to date ends with an average of 227,568 units at $386,601 compared to 228,144 units at $386,911 on the previous day and lower than the average of 433,821 shares at $676,565 for August.
Woodcats International led trading with 2.34 million shares for 24.4 percent of total volume, followed by Iron Rock Insurance with 2.0 million stocks for 20.8 percent of the day’s trade, Image Plus closed with 1.72 million stocks for 17.9 percent of the volume traded and Atlantic Hardware with 1.31 million units for 13.6 percent of market share.
At the close of trading, the Junior Market Index rallied 34.54 points to end at 3,014.73. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 11.3. ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, Access Financial skidded by 32 cents to close at $19 in switching ownership of 1,479 stocks, Cargo Handlers rose 41 cents to end at $14.50 with trading in 7,000 units, Caribbean Cream bounced back from a fall on Wednesday, climbing 44 cents to finish at $2.75 in an exchange of 13,826 shares. Derrimon Trading increased 15 cents to end at 91 cents with 188,724 stock units passing through the market, Express Catering lost 5 cents to close at $1.90 with 34,890 shares crossing the exchange, Fontana dropped 13 cents to close at $6.02 after trading of 77,605 stock units. Honey Bun popped 11 cents to $6.10 with 96,430 units clearing the market, Image Plus rallied 25 cents in closing at a 52 weeks high of $1.80 with investors trading 1,721,849 stocks, Iron Rock Insurance advanced 38 cents to finish at $3.38 with 1,998,565 units crossing the market. JFP shed 5 cents and ended at 40 cents after an exchange of 126,188 shares, Knutsford Express declined 65 cents to at $8 with investors swapping 9,597 stock units, Lasco Financial gained 15 cents to close at $1.56 after a transfer of 67,845 stocks. ONE on ONE Educational rallied by 7 cents to 72 cents as investors exchanged 26,283 units and Stationery and Office Supplies fell 14 cents to finish at $1.42 with 13,813 stocks crossing the market.

 

 

Prices of securities trading are those of the last transaction.

Remittances on track for 2026 record


Jamaica recorded a solid 8.3 percent rise in remittance inflows in July this year, following an increase of US$25 million over July last year, resulting in a record July haul of US$327.5 million and continuing the record-setting trend for the year to date, according to data released by Jamaica’s Central bank, the Bank of Jamaica.

Remittance inflows amount to US$2.107 billion for the year to July 2026, an increase of 4.8 percent after a rise of US$96 million in the seven months to July.  Last year’s inflows fell just US$11 million short of the record inflows of US$3.497 billion in 2021. This year’s net inflows are well ahead of last year’s shortfall; as such, barring any adverse developments, the 2021 record should be history by the end of 2026.