Trading declined on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded dropping 81 percent, with 48 percent lower value than in market activity on Wednesday resulting in 13 securities trading the same as on Wednesday and ending with prices of six stocks rising, three declining and four ended firm.
The market closed with trading of 51,188 shares for $638,179 compared with 263,810 stock units at $1,218,422 on Wednesday.
An average of 3,938 shares were traded at $49,091 compared to 20,293 stock units at $93,725 on Wednesday. Trading month to date ended with an average of 18,958 shares at $153,480 down from 19,892 stock units at $159,973 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index gained 0.47 points to close at 1,053.96, the All T&T Index declined 0.10 points to 1,578.10, the SME Index remained at 87.78 and the Cross-Listed Index popped 0.15 points to end at 69.01.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s dropped $1 in closing at $64 with 55 shares crossing the exchange, Ansa McAl increased 80 cents to $62.80 in trading 80 stocks, First Citizens Group slipped 1 cent to close at $40.94 after 3,833 shares passed through the market. GraceKennedy climbed by 5 cents to finish at $3.65 with investors trading 857 stock units, JMMB Group popped 5 cents and ended at $1.10 after an exchange of 26,497 shares, Massy Holdings advanced 8 cents to end at $3.60 with investors trading 12,818 units. 
National Enterprises remained at $3.05 after an exchange of 10 stocks, Point Lisas ended at $3.10 with investors dealing in 565 stock units, Prestige Holdings ended at $11 with 371 shares crossing the market. Republic Financial shed 1 cent in closing at $112 as investors exchanged 3,096 units, Scotiabank rose 10 cents to end at $53.65 with a transfer of 496 stocks, Trinidad & Tobago NGL rallied 40 cents to close at $5 with investors trading 1,000 stocks and West Indian Tobacco remained at $7.50 in an exchange of 1,510 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks beat losers on Trinidad Exchange
Slippage in stocks continued in Trinidad
Slippage in the Trinidad and Tobago Stock Exchange continued unabatedly last week with declining stocks outnumbering those rising and providing investors with an increasing array of more attractive investment choices.
During the past week, 8 stocks declined and 4 gained.
Last economic growth is being hobbled by declines in the petroleum sector that are partially countered by growth in the other sectors of the economy. Inflation remains contained at low levels and the monetary policy rate remains at 3.5 percent but net international reserves have declined.
Against the above, several companies are performing credibly, suggesting that the sell-off of stocks is overdone.
Stocks closed higher on JSE Main Market
Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 52 percent and the value 49 percent lower than on Tuesday, following trading in 58 securities compared with 51 on Tuesday, with prices of 21 stocks rising, 18 declining and 19 ending unchanged.
The market closed with trading of 19,390,210 shares for $75,280,584 down from 40,671,064 stock units at $148,618,570 on Tuesday.
Trading averaged 334,314 shares at $1,297,941 compared with 797,472 units at $2,914,090 on Tuesday and for the month to date, an average of 523,327 stock units at $8,924,231 compared with 539,355 shares at $9,570,905 on the previous day and August with an average of 290,511 units at $2,258,494.
Radio Jamaica led trading with 11.39 million shares for 58.7 percent of total volume followed by Wigton Windfarm with 1.53 million stock units for 7.9 percent of the day’s trade, Transjamaican Highway ended with 1.32 million stocks for 6.8 percent of market share, QWI Investments closed with 1.25 million units for 6.4 percent market share and Sagicor Select Financial Fund with 1.04 million shares for 5.4 percent of total volume.
The All Jamaican Composite Index rallied 1,467.53 points to end at 350,511.79, the JSE Main Index gained 1,568.72 points to finish at 308,212.87 and the JSE Financial Index popped 0.41 points to finish at 64.47.
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.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AS Bryden declined 75 cents and ended at $36.25 with investors trading 1,001 stock units, Barita Investments sank $2.45 to $71 with 4,348 shares changing hands, Caribbean Cement gained 89 cents to end at $64.88 with investors trading 4,260 units. GraceKennedy rose $1.40 in closing at $73.90 after 15,296 stocks crossed the market, Guardian Holdings advanced $15 to close at $310 after an exchange of just one unit, Jamaica Producers slipped $1.05 to finish at $20.50 with investors swapping 1,646 shares. Margaritaville sank 97 cents to $14.38 with a transfer of 342 stock units, MPC Caribbean Clean Energy dropped $2 to close at $86 after an exchange of 92 stocks, 
Sagicor Real Estate Fund shed 60 cents and ended at $8.20 with 5,619 units passing through the market. Salada Foods popped 39 cents to finish at $3.40 with an exchange of 56,485 shares, Scotia Group increased $1 in closing at $45 with 332,121 stocks clearing the market, Seprod climbed $1.50 to end at $82.50 with investors dealing in 345 stock units and Wisynco Group lost 51 cents to close at $20.51 in trading 113,215 shares.
In the preference segment, 138 Student Living preference share skidded $38.60 to close at $161.40 in an exchange of 20 units and Transjamaican Highway 8% fell 46 cents to finish at $1.50 with traders dealing in 200,837 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged for JSE USD Market
Trading plunged from Tuesday’s heightened levels on the Jamaica Stock Exchange US dollar market on Wednesday, with a 99 percent drop in the volume of stocks traded with a 98 percent lower value than on Tuesday, resulting in exchange of seven securities, compared to seven on Tuesday with prices of one rising, five declining and one ending unchanged.
The market closed with an exchange of 36,707 shares for US$2,692 compared to 7,064,494 units at US$139,578 on Tuesday.
Trading averaged 5,244 shares at US$385 compared to 1,009,213 shares at US$19,940 on Tuesday, with a month to date average of 207,169 stock units at US$5,756 compared with 225,290 units at US$6,238 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index rallied 1.13 points to 227.73.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.5. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville declined by 0.98 of one cent to 7.52 US cents in trading 400 shares, Proven Investments slipped 0.1 of one cent to 9.5 US cents as investors exchanged 3,190 stocks, Sterling Investments dipped 0.01 of one cent to finish at 1.53 US cents after 441 shares changed hands. 
Sygnus Credit Investments sank 0.48 of a cent to end at 6.79 US cents with traders dealing in 959 stock units, Sygnus Real Estate Finance USD share ended at 6 US cents with 3,725 shares clearing the market and Transjamaican Highway rose 0.13 of one cent to close at 2.1 US cents with investors trading 26,492 stock units.
In the preference segment, JMMB Group US8.5% preference share fell 4.9 cents to US$1.001 with an exchange of 1,500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading jumps
Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Wednesday, with a 283 percent rise in the volume of stocks traded, with 335 percent more value than on Tuesday with trading in 45 securities the same as on Tuesday and ending with prices of 19 rising, 16 declining and 10 closing unchanged, the market shows very positive sentiments for Thursday’s trading with the Investor’s Choice bid-offer indicator flashing very positive signals at the close.
At the close of trading, ISP Finance lost $3.94 to close at a 52 weeks’ low of $19.55. iCreate and One Great Studio also ended at 52 weeks’ lows and Regency Petroleum closed at a 52 weeks’ high.
The market closed with trading of 9,709,902 shares for $24,803,431, up from 2,534,948 units at $5,701,093 on Tuesday.
Trading averaged 215,776 shares at $551,187 compared with 56,332 units at $126,691 on Tuesday with the month to date, averaging 479,235 stocks at $801,147 compared to 501,353 shares at $822,132 on the previous day and August with an average of 389,714 units at $570,529.
Indies Pharma led trading with 5.39 million shares for 55.5 percent of total volume followed by RA Williams with 1.12 million units for 11.6 percent of the day’s trade and Dolla Financial with 949,550 stock units for 9.8 percent market share.
At the close of trading, the Junior Market Index skidded 29.78 points to 3,626.85 and could climb on Thursday’s trading with Investor’s Choice bid-offer indicator showing seven stocks ended with bids higher than their last selling prices and just one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market activity, AMG Packaging fell 6 cents to $2.70 with investors dealing in 209 stock units, CAC 2000 gained 26 cents to close at $2.26 with 719 shares crossing the market, Cargo Handlers skidded $2.07 and ended at $10.15 with investors swapping 4,003 stocks. Consolidated Bakeries rose 10 cents to end at $2.10 with an exchange of 649 units, Derrimon Trading sank 11 cents in closing at $1.82 and closed after an exchange of 181,902 stocks, Dolphin Cove shed 55 cents to finish at $22.40 with 1,845 units clearing the market. Elite Diagnostic rallied 7 cents to $1.70 with investors trading 10,564 shares, Express Catering popped 8 cents to finish at $3.27 in switching ownership of 22,500 stock units, Image Plus advanced 13 cents and ended at $1.68 after an exchange of 52,728 shares. 
Indies Pharma increased 8 cents in closing at $3.15 with a transfer of 5,390,444 stocks, ISP Finance lost $3.94 to close at a 52 weeks’ low of $19.55, with just 85 units being traded, Jetcon Corporation climbed 8 cents to end at $1.33 in an exchange of 32 stock units. Mailpac Group rose 11 cents to $2.30 with investors trading 132,424 shares, Main Event dipped 51 cents to finish at $12.99 in an exchange of 2,379 units, Omni Industries rallied 7 cents and ended at $1.11 with traders dealing in 177,741 stocks. Paramount Trading sank 14 cents to close at $1.35 after an exchange of 1,000 stock units, RA Williams slipped 11 cents to end at 82 cents in trading 1,124,551 shares and tTech declined 22 cents in closing at $2 after 15,001 stocks passed through the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market rise, Juniors fall
The Main Market of the Jamaica Stock Exchange rose in trading on Wednesday as did the JSE USD market but the junior Market declined to close out the day with the number and value of stocks changing hands falling, from Tuesday’s more robust levels and resulting in prices of 37 shares rising and 33 declining.
At the close of trading, the JSE Combined Market Index climbed 1,286.21 points to 320,745.18, the All Jamaican Composite Index rallied 1,467.53 points to 350,511.79, the JSE Main Index popped 1,568.72 points to end at 308,212.87. The Junior Market Index dropped 29.78 points to 3,626.85 and the JSE USD Market Index popped 1.13 points to end the day at 227.73.
At the close of trading, 29,136,819 shares were exchanged in all three markets, up from 50,270,506 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $100.08 million, well below the $154.32 million on the previous trading day and the JSE USD market closed with an exchange of a mere 36,707 shares for just US$2,692 compared to 7,064,494 units at US$139,578 on Tuesday.
In Main Market activity, Radio Jamaica led trading with 11.39 million shares followed by Wigton Windfarm with 1.53 million stock units, Transjamaican Highway chipped in with 1.32 million units, QWI Investments with 1.25 million shares and Sagicor Select Financial Fund with 1.04 million units.
In Junior Market trading, Indies Pharma led trading with 5.39 million shares followed by RA Williams with 1.12 million units and Dolla Financial with 949,550 stocks.
In the preference segment, 138 Student Living preference share skidded $38.60 to close at $161.40.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.7 on 2023-24 earnings and 13.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and 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 EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
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 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 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 dives on the Trinidad Exchange
The Trinidad and Tobago Stock Exchange closed higher on Wednesday, with the volume and value of stocks traded declining from that on Tuesday after a 69 percent plunge in the volume traded valued 76 percent less than on Tuesday, following trading in 13 securities compared with 16 on Tuesday and ending with prices of six stocks rising, four declining and three ended firm.
The market closed with 263,810 shares trading for $1,218,422, compared with 843,671 stock units for $5,077,375 on Tuesday.
An average of 20,293 shares were traded at $93,725 down from 52,729 stock units at $317,336 on Tuesday, with trading month to date averaging 19,892 shares at $159,973 compared to 19,865 stocks at $164,367 on the prior day and an average for August of 21,741 shares at $142,770.
The Composite Index gained 4.92 points to wrap up trading at 1,053.49, the All T&T Index rose 10.01 points to end at 1,578.20, the SME Index remained at 87.78 and the Cross-Listed Index slipped 0.07 points to 68.86.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $65 in switching ownership of 55 shares, Ansa McAl fell 50 cents to $62 as investors traded 120 stock units, First Citizens Group advanced 95 cents and ended at $40.95 in trading 725 shares. JMMB Group ended at $1.05 after an exchange of 45,130 stock units, Massy Holdings rose 2 cents to close at $3.52 with investors dealing in 141,673 shares, National Enterprises gained 5 cents to finish at $3.05 with 6,463 stocks crossing the market. NCB Financial popped 10 cents to $2.50 with investors trading 59,170 units, Prestige Holdings increased $1 to close at $11 after a transfer of 100 stock units, 
Republic Financial fell 9 cents to end at $112.01 after investors traded 1,604 shares. Scotiabank skidded 95 cents in closing at $53.55 with a transfer of 4,480 stock units, Trinidad & Tobago NGL climbed 5 cents and ended at $4.60 with 2,275 stock units crossing the market, Unilever Caribbean sank $1.15 to finish at a 52 weeks’ low of $10.25 with an exchange of 2,010 stocks and West Indian Tobacco ended at $7.50 after 5 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises but JSE Main Market falls
Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 396 percent and the value 372 percent more than on Monday, following trading in 51 securities compared with 57 on Monday, with prices of 14 stocks rising, 20 declining and 17 ending unchanged, with most of the price changes being very low.
The market closed with 40,671,064 shares being traded at $148,618,570 compared with 8,193,460 units at $31,489,985 on Monday.
Trading averaged 797,472 shares at $2,914,090 compared with 143,745 stocks at $552,456 on Monday and trading for the month to date, with an average of 539,355 stock units at $9,570,905 compared with 518,559 shares at $10,107,236 on the prior day and August that closed with an average of 290,511 stock units at $2,258,494.
Transjamaican Highway led trading with 35.58 million shares for 87.5 percent of total volume followed by Radio Jamaica with 1.70 million stock units for 4.2 percent of the day’s trade and Wigton Windfarm with 1.57 million units for 3.9 percent of the share of the market.
The All Jamaican Composite Index skidded 1,453.30 points to 349,044.26, the JSE Main Index dropped 1,168.34 points to 306,644.15 and the JSE Financial Index lost 0.48 points to finish at 64.06.
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 forecasted by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Caribbean Cement rallied 49 cents to $63.99 with investors swapping 1,029 shares, GraceKennedy fell $1 to end at $72.50 in an exchange of 85,398 stocks, Guardian Holdings dropped $15 in closing at $295 after trading of 374 shares. Jamaica Broilers lost $1.90 and ended at $31.50 with 68,500 stock units crossing the market, Jamaica Producers popped $1.49 to close at $21.55 in trading 5,141 shares,
Lasco Manufacturing gained 30 cents to finish at $7, with 10,333 units crossing the market. Massy Holdings rose $2 to $78 with investors trading 2,561 stocks, Pan Jamaica shed 21 cents to $48.99 in an exchange of 902 stock units, Pulse Investments declined 21 cents and ended at $1.36 with traders dealing in 27,605 shares. Scotia Group sank 80 cents to end at $44 crossing with an exchange of 2,067 stock units and Supreme Ventures dipped 24 cents in closing at $21 with investors trading 64,453 stocks.
In the preference segment, Sygnus Credit Investments C10.5% climbed $1.61 to close at $103 with an exchange of 46 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on the Junior Market
Trading activity fell on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 47 percent decline in the volume of stocks traded, with a 52 percent lower value than Monday with trading in 45 securities similar to Monday and ending with prices of 16 rising, 18 declining and 11 closing unchanged.
The market ended on Tuesday with investors exchanging 2,534,948 shares valued at $5,701,093 down sharply from 4,750,762 units at $11,808,716 on Monday.
Trading averaged 56,332 shares at $126,691 compared with 105,572 units at $262,416 on Monday with trading for the month to date, averaging 501,353 units at $822,132 compared to 542,140 stock units at $885,869 previously and August with an average of 389,714 shares at $570,529.
Express Catering led trading with just 314,070 shares for 12.4 percent of total volume followed by EduFocal with 277,500 units for 10.9 percent of the day’s trade and Dolla Financial with 152,723 stock units for 6 percent market share.
At the close of trading, the Junior Market Index fell 27.84 points to 3,656.63.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and six with lower offers.
At the close trading on Tuesday, AMG Packaging gained 9 cents to end at $2.76 after with 11,263 shares were traded, Caribbean Assurance Brokers rose 57 cents to finish at $3.57 with traders dealing in 57,336 stock units, Consolidated Bakeries lost 19 cents in ending at $2 after an exchange of 13,400 shares. Dolla Financial rose 6 cents to $3.07 with 152,723 stock units crossing the market, Dolphin Cove popped 65 cents in closing at $22.95 with a transfer of 5,432 shares, Elite Diagnostic slipped 7 cents to end at $1.63 after an exchange of 42,302 stock units. Everything Fresh sank 19 cents to $2.04 with 201 stocks changing hands, Express Catering fell 40 cents in closing at a 52 weeks’ low of $3.19 with investors swapping 314,070 stock units, GWest Corporation increased 13 cents and ended at $1 after 600 shares crossed the exchange. Jetcon Corporation shed 8 cents to end at $1.25 in switching ownership of 72,846 stock units, 
Knutsford Express climbed 87 cents to finish at $10.87 as investors exchanged a mere 389 units, Lasco Financial sank 12 cents to close at $1.60 with 4,338 stocks changing hands. Limners and Bards rallied 7 cents to $1.47 with 1,632 units crossing the market, Lumber Depot increased 13 cents in closing at $2.90 after the trading of 130,387 shares, Regency Petroleum climbed 9 cents to end at a 52 weeks’ high of $2.75 with 114,760 stocks clearing the market. Spur Tree Spices declined 8 cents to close at $2 after a transfer of 6,050 stock units and tTech rose 14 cents to finish at $2.22 with investors trading 16,740 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the JSE USD Market
Trading well over the surge in trading on Monday on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks traded rising 354 percent with a 296 percent greater value than on Monday, resulting from an exchange of seven securities, compared to six on Monday and ended with prices of one rising, five declining and one ending unchanged.
The market closed with an exchange of 7,064,494 shares for US$139,578 up sharply from 1,556,001 units at US$35,270 on Monday.
Trading averaged 1,009,213 shares at US$19,940 compared to 259,334 shares at US$5,878 on Monday, with a month to date average of 225,290 shares at US$6,238 compared with 148,002 units at US$4,887 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index shed 4.61 points to wrap up trading at 226.60.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville skidded 1.5 cents and ended at 8.5 US cents after closing with an exchange of 49 stock units, Proven Investments sank 0.4 of a cent to 9.6 US cents in switching ownership of 2,425 shares, Sterling Investments shed 0.01 of one cent to end at 1.54 US cents with 750 stocks crossing the market. 
Sygnus Credit Investments advanced 0.27 of a cent in closing at 7.27 US cents in an exchange of 13,550 units, Sygnus Real Estate Finance USD share lost 3 cents to close at a 52 weeks’ low of 6 US cents with investors trading 1,212 stocks and Transjamaican Highway declined 0.04 of a cent to finish at 1.97 US cents after a transfer of 7,046,483 shares.
In the preference segment, Sygnus Credit Investments US 8% remained at US$10 after trading of 25 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
