Transjamaican Highway with earnings on track to reach 39 cents per share for the year, ended as the top performing company on the Jamaica Stock Exchange at the end of November with the stock price rising 81 percent and ending the month at a record closing high of $4.88 and is up 88 percent when dividends of 19 cents paid during the year are included.
A measure of the Main Market performance can be gleaned from the All Jamaica Composite Index recording a mild increase to the end of November, with a cut in interest rates from just under 12 percent to 6.7 percent, with the market starting to rise from a bottom in September to a nine and a half months high at month end.
In the period, almost half of the Main Market listed ordinary stocks recorded gains in the first 11 months of this year while 26 declined and one remained unchanged. Former Junior Market listed, Lasco Manufacturing delivered a solid 66 percent rally during the period. Energy producer Wigton with ownership restrictions lifted earlier in the year, rose a robust 59 percent followed by cigarette marketer Carreras, with a 38 percent increase, with First Rock and General Accident each gaining 32 percent and QWI Investments 31 percent.
The top 10 losing stocks, recorded losses from 14 to 44 percent, with Pulse Investments as the leading loser dropping a hefty 44 percent, following the loss of its founder and chief executive earlier in the year, RJR Group, with a torrid year of lower revenues and heavy losses, was next with a decline of 36 percent followed by Proven Investments down 26 percent, with profit under pressure, NCB Group, with an increased supply of stock on the market following a tepidly received additional share issue in May this year, suffered a 26 loss and Sagicor Group 19 percent.
During trading Caribbean Cement price hit a 52 weeks’ intraday high of $75.10 but it closed at $74, Pan Jamaica closed at a 52 weeks’ high of $56.90, Jamaica Public Service 9.5% ended at $2,690, after trading at a 52 weeks Intraday high of $3,280.16 and Pulse Investments traded at an intraday low of $1, but bounced back to close at $1.16.
The market indices jumped sharply, helped by a big price movement in Pan Jamaica and Sagicor Group, as the All Jamaican Composite Index popped 6,733.96 points to close at 369,925.68, the JSE Main Index increased 5,333.88 points to 321,591.49 and the JSE Financial Index advanced 1.75 points to settle at 65.52. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and six with lower offers.
Margaritaville gained 81 cents in closing at $15.10 after an exchange of just 4 units. Massy Holdings climbed $1.90 to $79.90 with 137 stocks changing hands, Pan Jamaica rallied $6.90 to end at a 52 weeks’ high of $56 with 500,762 stock units crossing the exchange, Sagicor Group increased $3.10 in closing at $40.10 in switching ownership of 319,580 shares. Sagicor Real Estate Fund climbed 60 cents to $8.50 after an exchange of 357,268 stocks and Sygnus Credit Investments fell 70 cents to finish at $12 trading 24,961 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise state
The market closed with 20,497,403 shares being traded at $168,382,641 compared with 23,114,868 stocks at $103,556,387 on Wednesday.
The Main Market ended trading with an average PE Ratio of 14.3. 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.
Pan Jamaica dropped $2.65 in closing at $49.10 with investors trading 200,142 stock units, Proven Investments advanced 50 cents to end at $19.50 in switching ownership of 119,370 units, Sagicor Group skidded $1 to close at $37 after 2,925 stocks changed hands. Sagicor Real Estate Fund climbed 50 cents to $7.90 with an exchange of 141,901 units, Scotia Group dipped $1.95 and ended at $44.07, with 125,200 stocks crossing the market, Seprod increased 70 cents to end at $84.70 after an exchange of 1,996 shares and Supreme Ventures slipped 59 cents to $21.70 in trading 29,285 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 23,114,868 shares trading for $103,556,387 from 26,500,977 stocks at $154,386,911 on Tuesday. Trading averaged 361,170 shares at $1,618,069 compared with 441,683 stock units at $2,573,115 on Tuesday and for the month to date, an average of 275,256 stock units at $2,382,196 compared with 270,088 shares at $2,428,159 on the previous day and October with an average of 205,025 stock units at $2,311,672.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Sagicor Group popped $1 to finish at $38 after a transfer of 27,011 units, Salada Foods increased 41 cents to end at $3.51 with traders dealing in 3,277 shares, Scotia Group skidded 48 cents in closing at $46.02 in switching ownership of 23,563 stock units. Seprod sank 60 cents to $84 with investors trading 4,823 shares, Stanley Motta shed 45 cents and ended at $6.50 after an exchange of 19,812 units and Sygnus Real Estate Finance climbed 44 cents to end at $11.44 after 10,180 stocks passed through the market.
Jamaica Public Service 9.5% declined $29.99 to finish at $2,860 with 10 stocks crossing the market and Productive Business Solutions 10.5% preference share gained $15 to land at $1,050 as investors exchanged 100 units.
The market closed with trading of 26,500,977 shares at $154,386,911 versus 18,751,570 stock units at $240,793,065 on Monday. Trading ended with an average of 441,683 shares at $2,573,115 compared to 302,445 stocks at $3,883,759 on Monday and for the month to date, an average of 270,088 stock units at $2,428,159 compared to 259,833 shares at $2,419,496 on Tuesday and October with an average of 205,025 stock units at $2,311,672.
The Main Market ended trading with an average PE Ratio of 14.4. 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 rallied 50 cents to $51 after an exchange of 149,721 shares, Pan Jamaica rose $1.02 to end at $51 with a transfer of 120,115 units, Proven Investments gained $1.50 in closing at $19 with 124,093 stocks crossing the market. Sagicor Real Estate Fund fell $1.18 to close at $7.38 in an exchange of 14,020 stock units, Salada Foods dropped 40 cents to $3.10 with 11,730 shares being traded, Supreme Ventures advanced 78 cents to finish at $22.48 after transferring 7,199 stocks and Sygnus Real Estate Finance shed 45 cents to close at $11 with investors trading 550 units.
Productive Business Solutions 10.5% preference share lost $15 to finish at $1,035 with traders dealing in 128 units and Sygnus Credit Investments C10.5% slipped $4.99 to close at $100 in switching ownership of 9,547 stock units.
The market closed with 18,751,570 shares trading for $240,793,065, up sharply from 5,891,703 stock units at $58,521,474 on Friday. Trading ended with an average of 302,445 shares at $3,883,759 compared to 105,209 stocks at $1,045,026 on Friday and for the month to date, an average of 259,833 stock units at $2,419,496 compared with 257,029 shares at $2,323,122 on the prior trading day and October with an average of 205,025 stock units at $2,311,672.
The Main Market ended trading with an average PE Ratio of 14.3. 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.
Massy Holdings popped 90 cents to $78.90 with 68,448 shares changing hands, Mayberry Group fell 48 cents in closing at $7.50 with traders dealing in 1,239 stocks, Mayberry Jamaican Equities fell 44 cents to $9.50 in exchanging 357 units. NCB Financial lost $2.24 to finish at $50.50 with 1,257,953 stocks clearing the market, Pan Jamaica rallied $3.58 to $49.98 with investors swapping 861,180 shares, Portland JSX advanced 50 cents to end at $10.80 in switching ownership of 2 stock units. Sagicor Group sank $2 to $37 with investors dealing in 69,960 stocks, Stanley Motta gained 45 cents and ended at $6.95 with 19 units crossing the market and Supreme Ventures dipped 50 cents to end at $21.70 as investors exchanged 10,948 shares.
In the preference segment, Jamaica Public Service 7% popped $2.90 in closing at $43 after 660 stock units passed through the market and Sygnus Credit Investments C10.5% increased $2.99 to finish at $104.99 in an exchange of 5 stocks.
The market closed with 5,891,703 shares trading at $58,521,474 down sharply from 23,025,292 stock units valued $121,611,794 on Thursday. Trading averaged 105,209 shares at $1,045,026 in contrast to 396,988 stocks at $2,096,755 on Thursday and month to date, an average of 257,029 stock units at $2,323,122 compared with 266,625 shares at $2,403,904 on the previous day and October ending with an average of 205,025 stock units at $2,311,672.
The Main Market ended trading with an average PE Ratio of 14.1. 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.
Pan Jamaican rose 55 cents to $46.40 with traders dealing in 5,687 shares. Proven Investments climbed 90 cents to finish at $17.80 after an exchange of 12,286 stocks, Sagicor Group gained $1.70 and ended at $39 with investors dealing in 7,464 units, Sygnus Credit Investments rallied 75 cents to close at $12.90 with 21,253 stock units crossing the market. Sygnus Real Estate Finance increased 45 cents to $11.45 with investors trading 76 shares and Wisynco Group climbed 50 cents to $21.50 with an exchange of 64,152 stock units.
In the preference segment, Eppley 7.75% preference share shed $2.57 to finish at $20.20 with 221 stocks clearing the market.
The market closed with 23,025,292 shares trading for $121,611,794 well down from 26,351,131 stock units at $142,098,602 on Wednesday. Trading ended with an average of 396,988 shares at $2,096,755 compared with 425,018 stock units at $2,291,913 on Wednesday and for the month to date, an average of 266,625 stock units at $2,403,904 compared with 257,493 shares at $2,425,420 on the previous day and October with an average of 205,025 stock units at $2,311,672.
The Main Market ended the day with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are forecasted by ICInsider.com for companies with their financial year ending around August 2025.
Massy Holdings popped $4 to $78 after an exchange of 80,175 shares, Mayberry Group climbed 49 cents to close at $7.99 with investors trading 38,525 stocks, Mayberry Jamaican Equities increased 43 cents to $9.94 with 3,944 stock units swapping owners. MPC Caribbean Clean Energy rose $7.60 to end at $87.60 with traders dealing in 51 stock units, Pan Jamaica fell 55 cents to $45.85 after an exchange of 578 shares, Sagicor Group skidded $1.70 and ended at $37.30 with investors trading 541 units. Scotia Group shed 55 cents to $46.55 with an exchange of 89,217 stocks, Seprod rallied 79 cents and ended at $84.79 with 11,187 stock units changing hands and Sygnus Credit Investments declined 84 cents to close at $12.15 as investors exchanged 21,522 shares.
In the preference segment, Eppley 7.75% preference share advanced $5.60 to end at $22.77 with a transfer of 87 stocks, Jamaica Public Service 9.5% gained $204.99 to end at $2,889.99 in an exchange of just 3 units and 138 Student Living preference share popped 42 cents to finish at $236.42 with traders dealing in 50 stock units.
Market activity ended with 26,351,131 shares trading for $142,098,602 versus 10,151,849 stock units at $157,001,347 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 lost $1.11 in closing at $50.39 in trading 252,187 stocks, Pan Jamaica climbed 40 cents to $46.40 with 38,677 shares passing through the market, Proven Investments dipped $1 and ended at $17 as investors exchanged 78,682 stock units. Sagicor Group sank $1.10 to end at $39 with 25,761 units changing hands, Salada Foods slipped 40 cents to close at $3.11 with traders dealing in 8,693 shares, Seprod fell 79 cents to finish at $84 with 19,155 stocks crossing the market. Stanley Motta skidded 45 cents to $6.50 with investors trading 6,000 units, Supreme Ventures increased 97 cents to finish at $22.49 with 30,711 stock units crossing the exchange and Sygnus Credit Investments rallied 84 cents and ended at $12.99 with 48,265 shares switching owners. In the preference segment, Jamaica Public Service 7% sank $3.90 to end at $40.10 with 24 stocks clearing the market, 
Productive Business Solutions 10.5% preference share rose $15 in closing at $1,050 after an exchange of 532 units and Sygnus Credit Investments C10.5% gained $1 to close at $102 after the trading of 1,821 stock units.
The market closed with 10,151,849 shares trading for $157,001,347 down sharply from 24,637,211 stock units at $361,770,151 on Monday.
he Main Market ended trading with an average PE Ratio of 14.1. 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.
Proven Investments lost 89 cents to close at $18 as 2,266 units switched owners, Sagicor Group rallied $3.55 to end at $40.10 with 2,832 stock units crossing the exchange. Salada Foods popped 40 cents to $3.51 with investors trading 18,509 shares, Scotia Group declined $1.97 to end at $47 with 35,465 stock units clearing the market, Stanley Motta climbed 45 cents to $6.95 with traders dealing in a mere10 stocks and Sygnus Credit Investments sank 85 cents and ended at $12.15 in an exchange of 51,192 units.
Jamaica Public Service 9.5% dived $205 to $2,685 with 2 shares passing through the market, Productive Business Solutions 10.5% preference share dropped $25.50 and ended at $1,035 after trading 111 stock units and Sygnus Credit Investments C10.5% sank $4 to $101 with an exchange of 11,741 shares.