Moderate JSE Main Market trading

March 11, 2025 by
Trading surged on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded jumping 114 percent, with the value just below Monday’s value, following investors’ active interest in 61 securities compared with 62 on the previous day and ending with prices of 24 stocks rising, 21 declining and 16 ending unchanged.
The market closed with 18,518,178 shares being traded for $73,536,330 compared with 8,671,979 stock units at $74,051,831 on Monday. Trading averaged 303,577 shares at $1,205,534 compared with 139,871 stocks at $1,194,384 on Monday and for the month to date, an average of 1,191,397 stock units at $50,300,578 compared with 1,374,970 shares at $60,452,110 on the previous day and February with an average of 405,332 stock units at $1,953,730. Sagicor Select Financial Fund led trading with 6.29 million shares for 34 percent of total volume followed by Wigton Energy with 6.03 million stocks for 32.6 percent of the day’s trade and Transjamaican Highway with 1.58 million units for 8.5 percent of the volume of stocks traded. The All Jamaican Composite Index skidded 881.85 points to finish at 381,353.04, the JSE Main Index climbed 2,744.12 points to finish at 328,614.31 and the JSE Financial Index increased 0.26 points to 68.53. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers. The Main Market ended trading with an average PE Ratio of 15.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Caribbean Cement declined by $1.47 to end at $83.03 with an exchange of 11,140 stocks, Carreras declined 39 cents in closing at $15.61 with 139,214 units crossing the market, Eppley rose $5 to $42 after an exchange of 6,535 shares. Eppley Caribbean Property Fund dropped $2.15 and ended at $37.28 with 265 stock units crossing the market, First Rock Real Estate rallied 66 cents to close at $9.18 in an exchange of 2,520 shares, General Accident fell 83 cents to finish at $5.22 with 1,631 stocks clearing the market. GraceKennedy popped 40 cents to $74 with a transfer of 198,864 units, Guardian Holdings skidded $10 to end at $288 and closed after 1,979 stock units were traded, Jamaica Broilers sank $2.42 in closing at $35 with investors swapping 46,401 shares. JMMB Group shed 40 cents and ended at $22.10 in an exchange of 3,451 stocks, Kingston Wharves gained 44 cents to finish at $28.94 with traders dealing in 3,191 units, Lasco Manufacturing sank 47 cents to close at $7.50 after a transfer of 73,684 stock units. Massy Holdings climbed $9.99 to $80.99 with investors dealing in 13,547 shares, Mayberry Jamaican Equities rose 59 cents to finish at $10 in trading 102,000 stock units, Proven Investments advanced 98 cents and ended at $19.40 as investors exchanged 65,693 stocks. Scotia Group rose $1.40 to end at $60.50 with 64,768 stocks changing hands, Stanley Motta gained 37 cents in closing at $6.99 after an exchange of 656 shares and Supreme Ventures slipped 79 cents to close at $18.11 after 767,305 units passed through the market. In the preference segment, Eppley 7.25% preference share popped $2.03 to $19.25 with investors trading 100 stocks, 138 Student Living preferred share rallied $35.83 and ended at $295.08 in switching ownership of 56 stock units and Productive Business Solutions 10.5% preference share increased $50 to end at $1,050 with investors trading 734 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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JSE Main Market trading drops

March 10, 2025 by
Transjamaican Highway led trading with 41 percent of the overall volume of stock exchanged on the Jamaica Stock Exchange Main Market on Monday, as the volume of stocks exchanged fell by 46 percent and the value down 74 percent from the out turn on Friday, following movements in 62 securities up from 59 on Friday, with prices of 19 rising, 26 declining and 17 ending unchanged.

The market closed with trading in 8,671,979 shares for $74,051,831 down from 16,121,646 stock units at $289,183,399 on Friday.
Trading averaged 139,871 shares at $1,194,384 well below 273,248 stocks for $4,901,676 on Friday and month to date, an average of 1,374,980 stocks at $60,452,438 compared with 1,703,635 shares at $76,220,676 on the previous trading day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 3.57 million shares for 41.2 percent of total volume followed by Wigton Energy with 890,204 units for 10.3 percent of the day’s trade and Sagicor Select Financial Fund with 707,529 stocks for 8.2 percent of the volume traded.
The All Jamaican Composite Index advanced 1,196.35 points to close at 382,234.89, the JSE Main Index shed 3,003.13 points to settle at 325,870.19 and the JSE Financial Index increased 0.44 points to wrap up trading at 68.27. The Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 15.9. 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 the close on a day of reduced trading, Caribbean Cement dipped 89 cents in closing at $84.50 with 2,561 units crossing the exchange, Eppley gained $2.70 to end at $37 with investors trading 514 shares, Eppley Caribbean Property Fund rose $3.88 and ended at $39.43 in an exchange of 11 stocks. GraceKennedy climbed $1.10 to finish at $73.60 after 64,712 units changed hands, Guardian Holdings sank $1.14 to end at $298 with traders dealing in 441 stocks, Jamaica Broilers increased $2.02 to close at $37.42 after an exchange of 18,001 shares. Jamaica Producers declined $2.71 to $22.04 after 2,299 stock units passed through the market, JMMB Group advanced $1.73 to close at $22.50 in switching ownership of 311,421 shares. Kingston Properties shed 50 cents to end at $8.50 after an exchange of 14,000 units, Kingston Wharves rallied 50 cents in closing at $28.50 with a transfer of 6,947 stocks, Massy Holdings dropped $10.50 to finish at $71 with 4,011 stock units clearing the market. Proven Investments sank 40 cents to $18.42 in trading 5,500 shares, Scotia Group popped 90 cents to $59.10 with investors dealing in 358,019 units, Seprod gained $2.81 to end at $90 with 4,754 stocks crossing the market and Sygnus Real Estate Finance rose 88 cents in closing at $9.71 in trading 40 stock units.
In the preference segment, Eppley 7.25% preference share slipped $2.03 to finish at $17.22 with 85 shares changing hands, Eppley 7.75% preference share fell 58 cents to close at $19.41 with an exchange of 48 stocks, JMMB Group 10% preferred shares ended at $2 after a transfer of 250,101 units and Productive Business Solutions 10.5% preference share climbed $20 to $1,000 with 55 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading jumps on JSE Main Market

March 7, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with a 61 percent jump in the volume of stocks traded accompanied by a 344 percent surge in value over Thursday’s activities, following trading in 59 securities compared with 60 on Thursday, with prices of 26 rising, 17 declining and 16 ending unchanged.

The market closed with 16,121,646 shares trading for $289,183,399 compared with 10,010,074 stock units at $65,070,056 on Thursday.
Trading averaged 273,248 shares at $4,901,414 up from just 166,835 stocks at $1,084,501 on Thursday and month to date, an average of 1,703,635 stocks at $76,220,676 compared with 2,188,651 shares at $100,403,644 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Kingston Wharves led trading with 4.0 million shares for 24.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 2.27 million stocks for 14.1 percent of the day’s trade, Transjamaican Highway closed with 2.21 million units for 13.7 percent of the volume traded, Sagicor Select Manufacturing & Distribution Fund ended with 1.67 million shares for 10.3 percent of the day’s volume and NCB Financial with 1.40 million units for 8.7 percent of market share after the price hit a new 52 weeks’ intraday low of $43.
The All Jamaican Composite Index climbed 1,628.08 points to wrap up trading at 381,038.54, the JSE Main Index rallied 1,734.11 points to conclude trading at 328,873.32 and the JSE Financial Index popped 0.17 points to 67.83. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 16.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Caribbean Cement shed $1.11 to $85.39 with an exchange of 2,993 stocks, Eppley Caribbean Property Fund fell 50 cents to $35.55 with 2,664 shares being traded, Jamaica Broilers rallied 39 cents to end at $35.40 as investors exchanged 234,728 stocks. Jamaica Producers rose 77 cents to finish at $24.75 after 562,628 units passed through the market, JMMB Group declined $1.23 and ended at $20.77 with investors dealing in 6,020 stocks, Kingston Wharves fell $1.65 to close at $28 with 4,003,132 units crossing the market. Lasco Distributors rallied 40 cents to $5.10 with a transfer of 40,288 shares, Massy Holdings increased $4 to close at $81.50 and ended with 40,927 stock units, Pan Jamaica popped $1.98 to $53 in an exchange of 6,021 shares. Proven Investments rose 82 cents and ended at $18.82 with investors trading 6,411 stock units, Salada Foods dipped 38 cents to end at $3.20 after an exchange of 3,139 stock units, Supreme Ventures gained 50 cents in closing at $19 with 54,605 units clearing the market and Sygnus Real Estate Finance sank 42 cents to $8.83 in switching ownership of 352 shares.

In the preference segment, 138 Student Living preferred skidded $10.75 to end at $259.25 in trading 20 units, Productive Business Solutions 10.5% preference share rose $87 in closing at $980 after a transfer of 1,080 stocks, Sygnus Credit Investments 10% sank $4.73 to close at $110.77 with investors swapping 15 stock units and Sygnus Credit Investments C10.5% slipped $2 to finish at $100 after an exchange of 196 shares.

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

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Trading falls back Tuesday elevated levels

March 6, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with an exchange of 97 percent fewer shares traded, with 100 percent less value than on Tuesday, following trading in 60 securities up from 54 on Tuesday, with prices of 15 rising, 28 declining and 17 ending unchanged.

The market closed with trading of 10,010,074 shares with a value of $65,070,056 significantly below the 357,436,208 stock units that were exchanged at $17,338,588,441 on Tuesday, following Pan Jamaica that dominated trading with over 344 million shares, with a value of $17.3 billion.
Trading ended with an average of 166,835 shares with a value of $1,084,501 compared to 6,619,189 stocks valued at $321,084,971 on Tuesday and month to date, an average of 2,188,651 units valued at $100,403,644 compared with 3,252,766 shares at $152,676,877 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 3.29 million shares for 32.9 percent of total volume followed by Wigton Energy with 1.09 million units for 10.9 percent of the day’s trade and Sagicor Select Financial Fund with 602,322 stocks for 6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,140.91 points to settle at 379,410.46, the JSE Main Index fell 470.75 points to conclude trading at 327,139.21 and the JSE Financial Index skidded 0.18 points to finish at 67.66. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading following the closure of the market on Ash Wednesday, AS Bryden climbed 88 cents to finish trading at $29.01 with 734 stock units crossing the market, Caribbean Cement sank 50 cents and ended at $86.50 in switching ownership of 6,522 shares, Eppley Caribbean Property Fund fell $3.40 to $36.05 after an exchange of 1,414 stocks. GraceKennedy sank $1.50 to close at $72.50 with a transfer of 18,568 units, Guardian Holdings dropped 86 cents to end at $299.14 with 24 shares crossing the exchange, Jamaica Broilers lost $1.69 in closing at $35.01 with investors dealing in 131,935 stock units. JMMB Group slipped 45 cents to $22 in an exchange of 201,315 stocks, NCB Financial shed 90 cents to end at a 52 weeks’ low of $45.20 with investors swapping 125,428 units,  Pan Jamaica declined $2.08 and closed at $51.02 after an exchange of 10,847 stocks, just a fraction of the volume passing through the market on Tuesday. Seprod dipped 95 cents to finish at $87 in trading 1,736 shares, Supreme Ventures skidded $1 and ended at a 52 weeks’ low of $18.50 with 352,695 stock units changing hands and Sygnus Credit Investments sank 66 cents to close at $12.70 as investors exchanged 37,164 units.

In the preference segment, Eppley 7.75% preference share increased $1.99 to $19.99 in the trading of 49 stocks, 138 Student Living preference share dropped $49.81 to close at $270 with an exchange of 22 units and Sygnus Credit Investments C10.5% shed 50 cents to end at $102 with 29 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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$17 billion Pan Jamaica trade

March 4, 2025 by

Trading surged on the Jamaica Stock Exchange Main Market on Tuesday following an exchange of a large volume of Pan Jamaica shares, with 344.37 million units of the company’s stock valued at $17.3 billion were exchanged, sending the volume and value of stocks traded in the market well above Monday’s outturn. Trading ended with the volume of stocks traded rising 2,572 percent and the value 25,943 percent more than Monday, with trading in 54 securities, down from 60 on Monday, with prices of 18 rising, 19 declining and 17 ending unchanged resulting in a slide in the market indices.

The market closed with 357,436,208 shares trading for $17,338,588,441 up sharply from 13,379,073 stock units at $66,575,572 on Monday.
Trading averaged 6,619,189 shares at $321,084,971 well above the 222,985 stocks at $1,109,593 on Monday and for the month to date, an average of 3,252,766 units at $152,676,877, up from an average of 405,332 stock units at $1,953,730 in February.
Pan Jamaica led trading with 344.37 million shares for 96.3 percent of total volume followed by JMMB 9.5% preference share with 7.05 million stocks for 2 percent of the day’s trade and Transjamaican Highway with 1.67 million units for 0.5 percent of the day’s volume.
The All Jamaican Composite Index sank 3,473.21 points to close at 380,551.37, the JSE Main Index dropped 2,147.94 points to finish at 327,609.96 and the JSE Financial Index declined 1.36 points to cease trading at 67.84. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 16.6. 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, Caribbean Cement increased by 37 cents to $87 with 2,387 stocks crossing the market, Carreras rose 95 cents in closing at a 52 weeks’ high of $15.90 with investors trading 288,876 shares, General Accident rose 70 cents to finish at $5.97 after 6,236 units passed through the market. Guardian Holdings rallied $2 and ended at $300 with an exchange of 16 stocks, JMMB Group popped 45 cents to close at $22.45 after 69,318 units changed hands, Kingston Properties advanced 70 cents to end at $9 with investors trading 60 stocks. Kingston Wharves skidded 36 cents in closing at $29.64 in switching ownership of 1,249 shares, Massy Holdings sank 50 cents to $77.50 with investors swapping 844 stock units, NCB Financial dipped $1.55 to end at a 52 weeks’ low of $46.10 after a transfer of 51,269 shares. 138 Student Living gained 36 cents to close at $3.96 with 1,315 stocks crossing the exchange, Pan Jamaica dropped $5.80 and ended at $53.10 with a transfer of 344,365,449 units, Proven Investments declined 84 cents to finish at $17.66 as investors exchanged 564 stocks. Salada Foods popped 52 cents to $3.58 in trading 2,583 shares and Sygnus Real Estate Finance fell 72 cents to end at $9 after an exchange of 2,789 stocks.
In the preference segment, Productive Business Solutions 10.5% preference share dropped $127 in closing at $893 with investors trading 550 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market dives into March

March 3, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 40 percent and the value 48 percent lower than on Friday, with trading in 60 securities compared with 62 on Friday, with prices of 19 rising, 28 declining and 13 ending unchanged, on the first day of trading in March.

The market closed with 13,379,073 shares trading for $66,575,572 compared with 22,307,712 stock units at $127,310,156 on Friday.
Trading ended with an average of 222,985 shares valued at $1,109,593 compared to 359,802 stocks at $2,053,390 on Friday and February that ended with an average of 405,332 units at $1,953,730.
Wigton Energy led trading with 4.03 million shares for 30.1 percent of total volume followed by Transjamaican Highway that ended with 3.29 million stocks for 24.6 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.14 million shares for 8.5 percent of the volume traded and Sagicor Select Financial Fund with 1.11 million units for 8.3 percent of the market share.
As is commonly accepted at the start of the month, the All Jamaican Composite Index shed 532.57 points to end at 384,024.58, the JSE Main Index dropped 1,611.89 points to conclude trading at 329,757.90 and the JSE Financial Index rose 0.02 points to settle at 69.20. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, AS Bryden fell $2.87 to $28.13 after the transfer of 1,843 stocks, Caribbean Cement declined $1.37 to end at $86.63 as investors exchanged 3,635 units, First Rock Real Estate sank 73 cents in closing at $8.56 with 1,230 shares clearing the market. General Accident fell 90 cents and ended at $5.27 with traders dealing in 11,451 stock units, Guardian Holdings dipped $6 to close at $298 with 428 shares crossing the exchange, Jamaica Broilers sank 94 cents to finish at $36.50 with investors swapping 1,497 units. JMMB Group shed 45 cents and ended at $22 with 40,293 stocks passing through the market, Kingston Properties dropped $1.15 to $8.30 in trading 12,090 stock units, Massy Holdings skidded $3.30 in closing at $78 with 608 shares changing hands. Mayberry Group increased 45 cents to end at $7.85 after 7,421 stocks were traded, 138 Student Living slipped 40 cents to $3.60 with investors dealing in 5,186 units, Sagicor Group climbed 51 cents to close at $42.50 in an exchange of 24,620 stock units and Supreme Ventures lost 70 cents to close at $19.50 with investors trading 402,011 shares.

In the preference segment, JMMB Group 7.15% – 2028 rose 44 cents and ended at $2.99 with an exchange of 8,416 stocks, 138 Student Living preference share rallied $30 to end at $320 with 65 units crossing the market and Sygnus Credit Investments C10.5% popped $6.44 in closing at $102.50 in switching ownership of 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE main stocks climb into month end

February 28, 2025 by
The Main Market of Jamaica Stock Exchange ended the week and month on Friday, with gains in the market indices but ended lower than at the start of the year with the volume of stocks traded rising with a 16 percent bounce and a 56 percent higher value than on Thursday. Trading ended with an exchange of 62 securities, up from 58 on Wednesday, with prices of 31 rising, 16 declining and 15 ending unchanged.

The market closed with 22,307,712 shares being traded at $127,310,156 up from  19,286,971 stock units for $81,408,365 on Wednesday.
Trading averaged 359,802 shares at $2,053,390 compared with 332,534 stocks for $1,403,593 on Thursday and month to date, an average of 405,332 stock units for $1,953,730 versus 407,819 units at $1,948,286 on the previous day and January with an average of 257,074 stock units at $2,582,065.
At the end of trading, Wigton Energy led trading with 12.01 million shares followed by Transjamaican Highway with 2.08 million units and Proven Investments with 966,973 shares.
At the close of the market, the JSE Combined Market Index climbed by 524.60 points to 342,892.40, the All Jamaican Composite Index rallied 2,103.48 points to 384,557.15, the JSE Main Index eked out a gain of 222.47 points to 331,369.79 and the Financial Index gained 0.42 points to end up at 69.18.
The Main Market ended trading with an average PE Ratio of 15.7. 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 market activity, Kingston Wharves climbed $3.59 to close at $29.90 after 192,611 were traded, Investors exchanged 104,273 shares of Jamaica Broilers pushing the price up by $2.44 in closing at $37.44, Pan Jamaica ended with trading of 33,102 shares and rose $2 to $59, the Trinidadian based Massy Holdings climbed $1.30 to $81.30 after the trading of 527 shares, while Jamaica’s sole cement producer Caribbean Cement had trading in 51,676 and rose $1.26 to close at $88.00 and Sygnus Credit Investments saw trading of 21,350 stocks and gained 82 cents to close up to $13.05.
AS Bryden dropped $2.35 to $31 after an exchange of 3,286 stock units, Jamaica Producers declined by 70 cents in closing at $24.30 while trading 128,177 shares, First Rock Real Estate dropped 69 cents to $9.29 after investors exchanged 322,895 stocks units. Pulse Investments traded 198,910 shares and closed at a 52 weeks low of 82 cents, Proven Investments ended with trading of 966,973 units after declining 49 cents to $18.50, Supreme Ventures declined by 30 cents to close at $20.20 after trading at an intraday 52 weeks’ low of $18.73 with 859,556 shares changed hands and Salada Foods lost 30 cents in trading 5,180 shares at $3.35.
In the preference segment, Jamaica Public Service jumped $40 to $2,690, following trading of just one stock, JMMBG7.15% due 2030 closed with 47,648 being traded with the price falling 45 cents to $2.55,
Eppley 7.75% lost $1.41 to close at $18 after an exchange of 1,500 shares, Sygnus Credit 10% rose $15.50 to close at a record high of $115.5o after an exchange of 365 shares and Productivity Business Solutions fell $30 to close at $1,020 after trading at an intraday 52 weeks’ low of $892.50.

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Junior Market jumps to close February

February 28, 2025 by
Trading activity climbed on the Junior Market of the Jamaica Stock Exchange Friday, to close out the month resulting in a 182 percent jump in the volume of stocks traded, following a 134 percent rise in value over Thursday with trading in 45 securities compared with 44 on Thursday and ending with prices of 19 rising, 14 declining and 12 closing unchanged.

The market closed trading with an exchange of 25,193,200 amounting to $45,578,261 up from 8,941,253 units at $19,448,755 on Thursday. Trading averaged 559,849 stocks at $1,012,850 well over the 203,210 shares at $442,017 on Thursday with the month to date, averaging 246,071 units at $454,487 slightly more than the 229,120 stock units at $424,323 on the previous day and January with an average of 350,850 shares at $615,775.
ONE on ONE Educational led trading with 7.84 million shares for 31.1 percent of total volume followed by Jamaican Teas with 5.91 million stocks for 23.5 percent of the day’s trade, Fosrich closed with 1.86 million stocks for 7.4 percent of the volume traded, Stationery and Office Supplies ended with 1.77 million units for 7 percent of the day’s trade, Derrimon Trading delivered up 1.13 million stocks for 4.5 percent of the volume traded and Lasco Financial with 1.06 million shares for 4.2 percent of market share.
At the close of trading, the Junior Market Index rose 43.50 points to settle at 3,627.36. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.2, 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 second month of the year, Cargo Handlers rose 8 cents in closing at $11.08 with investors swapping 826 stock units, Caribbean Cream shed 15 cents to $2.85 with trading of 44,283 shares, Caribbean Flavours rose 8 cents to close at $1.34 after investors traded 3,435 stocks. Dolphin Cove popped $1.50 to end at $14 in switching ownership of 94,773 units, but only after hitting an intraday 52 weeks’ low of $11.90, Future Energy rallied 17 cents to finish at $3.47 after an exchange of 248,009 stocks, Honey Bun lost 23 cents and ended at $7.85 with investors dealing in 6,690 units. Indies Pharma increased 41 cents to $3.77 after an exchange of 488,333 shares, Iron Rock Insurance advanced 15 cents to finish at $3.75 with 10 stock units clearing the market, ISP Finance gained 73 cents and ended at $22 with trading of 2,002 shares. Knutsford Express popped $1.08 in closing at $14.37 after a transfer of 66,727 stocks, Limners and Bards dropped 14 cents to $1.13 as investors exchanged 103,794 stock units, Medical Disposables sank 23 cents to end at $1.38 with a transfer of 18,007 stock units. Regency Petroleum advanced 12 cents in closing at $3.37 with 533,209 shares being traded, Stationery and Office Supplies rose 13 cents to $1.68 with an exchange of 1,771,466 stock units and tTech climbed 8 cents and ended at $1.45 with 704 stocks crossing the market.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading drops prices rise on JSE Main Market

February 27, 2025 by
Trading on the Main Market of the Jamaica Stock Exchange  on Thursday pulled back from a more robust market on Wednesday, with all indices rising as the market ended with the volume of stocks traded declining 23 percent and the value 68 percent lower than on Wednesday, with activities in 58 securities compared with 61 on Wednesday, with prices of 22 rising and exceeded 18 declining while 18 ended unchanged.

The market closed with 19,286,971 shares trading for $81,408,365 down from 24,970,016 stock units at $256,239,904 on Wednesday. Trading averaged 332,534 shares at $1,403,593 down from 409,345 stocks at $4,200,654 on Wednesday and for the month to date, an average of 407,819 units at $1,948,286 compared with 411,873 shares at $1,977,620 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Wigton Energy led trading with 5.04 million shares for 26.1 percent of total volume followed by Sagicor Select Financial Fund which ended with 4.48 million stocks for 23.2 percent of the day’s trade, Transjamaican Highway closed with 2.07 million stock units for 10.7 percent of the total volume, Radio Jamaica closed with 1.43 million units for 7.4 percent of the total trades, QWI Investments ended with 1.35 million units for 7 percent of the volume traded and Sterling Investments with 1.26 million units for 6.5 percent of market share.
The All Jamaican Composite Index rallied 2,547.41 points to 382,453.67, the JSE Main Index jumped 2,513.68 points to 331,147.32 and the JSE Financial Index rose 0.44 points to 68.76. The Investor’s Choice bid-offer indicator shows 12 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 16. 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.
This major winners at the close of trading are AS Bryden, the Seprod controlled Trinidad based distributor climbed $1.35 to close at $33.35 followed by Caribbean Cement with the rise of $1.24 to $86.74, while lottery promotors, Supreme Ventures rose $1.10 to $20.50. Conglomerates GraceKennedy and Pan Jamaica gained $1 to close at $73.50 and $1 to close at $57 respectively and the light and power company Jamaica Public Service 7% preference share rose $1 to close at $46.

The university student housing providers 138 Student Living preference share was the biggest loser, with a loss of $19 tin closing at  $290, and is followed by Productive Business Solutions preferred share dropped $5.95 and $96.05 also joining in the declining list is the Trinidadian head quartered Guardian Holdings close with a loss of $3 to finish at 304 and the Trinidad based and controlled conglomerate, Massy Holdings is down $2.50 to $80 and private equity financial institution, Sygnus Credit Investment ordinary share lost $0.70 to close at $12.23.

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Transjamaican drops as APO is priced

February 26, 2025 by
Transjamaican Highway led trading on Wednesday on the Jamaica Stock Exchange Main Market, investors cut the stock price down to $3.72 from $3.90 on Tuesday’s close and just above the price NROCC set for the 2.5 billion shares being offered to the market starting next week. The heavy trading in the stock helped push the volume of stocks traded up, 89 percent and the value 172 percent more than on Tuesday, with trading in 61 securities up from 56 on Tuesday and resulting in prices of 28 rising, 22 declining and 11 ending unchanged.

The market closed with 24,970,016 shares trading for $256,239,904 up robustly from 13,204,953 stock units at $94,301,130 on Tuesday.
Trading averaged 409,345 shares at $4,200,654 well above the 235,803 stocks at $1,683,949 on Tuesday and month to date, an average of 411,873 units at $1,977,620 which is in line with 412,025 shares at $1,844,150 on the prior day compared with January that averaged 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 6.73 million shares for 27 percent of total volume followed by Kingston Wharves which ended with 5.92 million stocks with 23.7 percent of the day’s trade, Wigton Energy closed with 4.96 million stocks for 19.9 percent of the volume traded, Sagicor Select Financial Fund closed with 2.26 million units for 9 percent of the total number of stocks traded and QWI Investments with 1.33 million units for 5.3 percent of market share.
The All Jamaican Composite Index rallied 1,414.29 points to conclude trading at 379,906.26, the JSE Main Index popped 1,321.74 points to 328,633.64 and the JSE Financial Index rose 0.62 points to 68.32.
The Investor’s Choice bid-offer indicator shows 15 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 15.7. 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.
138 Student living preferred was the top mover jumping $49.94 to $309 followed by Jamaica Public Service 7% preferred that rose $6.80 to $45. Eppley Caribbean Fund rose $3.39 to $39.45 and AS Bryden gained $3 to end at $32 while Kingston Wharves fell $3.79 to $26.20 and Grace Kennedy ended with a fall of $1.30 to $72.50.

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