JSE Main Market falls, Junior rebounds


Trading closed Wednesday on the Jamaica Stock Exchange with the volume of stocks traded rising, with a greater value than on Tuesday, resulting in the Main Market major indices declining, the Junior Market index rebounding and the JSE USD Market falling. At the end of trading, the prices of 39 shares rose, 45 declined and 22 remained firm.

At the close of the market, the JSE Combined Market Index fell 1,047.70 points to close at 324,658.31, the All Jamaican Composite Index declined by 1,084.28 points to 361,298.39, the JSE Main Index dipped 1,303.18 points to 313,640.97, the Junior Market Index rose  25.62 points to 3,449.22 and the JSE USD Market Index skidded 2.88 points to finish at 225.89.
At the close of trading, on Wednesday, 33,409,213 shares were exchanged in all three markets, up from 19,354,550 units on Tuesday, with the value of stocks traded on the Junior and Main markets climbing to $110.43 million from $68.39 million on the previous day and the JSE USD market closing with an exchange of 631,514 shares for US$47,545 well off from 2,201,110 units at US$192,691 on Tuesday.
In Main Market activity, Transjamaican Highway led trading with 18.32 million shares, followed by Wigton Energy with 3.92 million stock units and Sagicor Select Financial Fund with 906,391 units.
In Junior Market trading, EduFocal led with 1.75 million shares, followed by Lumber Depot with 1.21 million stocks and Indies Pharma with 1.10 million units.
In the preference segment, Sygnus Credit Investments 10% gained $4 and ended at $104 and Sygnus Credit Investments C10.5% popped $5.99 to end at $101.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 12.2 based on 2024-25 earnings and 19.1 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts, provide investors with regularly updated information to assist in   decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 climbs on JSE Main Market


Declining stocks outclassed those rising more than 2 to 1 in trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 63 percent jump in the volume of stocks traded, with the value 23 percent more than on Monday, emanating from trading in 57 securities, down from 60 on Monday, with prices of 12 advancing, 27 declining and 18 ending unchanged.

The market closed with 13,296,040 shares trading for $59,268,535, up from only 8,172,827 stock units at $48,080,512 on Monday.
Trading averaged 233,264 shares valued at $1,039,799, well over the 136,214 stock units at $801,342 on Monday and well below the month to date average of 2,405,440 units at $9,818,079, down from 2,618,545 shares worth $10,679,287 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 6.42 million shares for 48.3 percent of the total volume, followed by Wigton Energy that ended with 3.66 million stock units for 27.5 percent of the day’s trade and Sagicor Select Financial Fund with 769,936 stocks for 5.8 percent of the volume traded.
The All Jamaican Composite Index slipped 2,110.82 points to 362,382.67, the JSE Main Index dropped 1,103.52 points to wrap up trading at 314,944.15 and the JSE Financial Index gained 0.15 points to close at 64.99. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a consolidating market, Barita Investments fell 50 cents in closing at $71 with a transfer of 1,000 shares, Caribbean Cement fell $2.20 to $80.30 with investors trading 3,638 units, GraceKennedy sank $1.35 to end at $72.63 after an exchange of 13,587 shares. Jamaica Broilers slipped 35 cents and ended at $26.50 after the trading of 121,080 stock units, Jamaica Producers sank $1 to finish at $23 as investors exchanged 22,455 stocks, Kingston Wharves shed $2.57 to close at $26.22 with 150,381 shares clearing the market. Lasco Manufacturing dropped 49 cents to $7.09 in an exchange of 50,913 stocks, NCB Financial dipped 50 cents to end at $43.50 with investors trading 22,930 units, 138 Student Living popped 73 cents in closing at $3.85 with traders crossing the exchange with 11,006 stock units. Pan Jamaica climbed $3 to close at $57 with investors dealing in 101,816 shares, Proven Investments declined 48 cents to finish at $17 with 8,357 stocks passing through the market, Sagicor Group skidded $2.47 and ended at $39.51 with an exchange of 59,908 units. Sagicor Real Estate Fund fell 65 cents to $8 with sellers crossing the market with 1,036 stock units, Sygnus Credit Investments rose 90 cents to finish at $11.90 in an exchange of 88,338 shares and Wisynco Group lost $1 and ended at $20 with 10,846 stock units crossing the market.
In the preference segment, Jamaica Public Service 7% sank $4.50 to close at $40 after a transfer of 70 units, Jamaica Public Service 9.5% gained $38 in closing at $2,688 with 5 stock units changing hands and Sygnus Credit Investments C10.5% dipped $5.98 to end at $95 and closed after 1,040 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More bleeding in Jamaica Stock Market


Trading closed Tuesday on the Jamaica Stock Exchange with a rise in the volume of stocks that were exchanged, with a greater value than on Monday, resulting in Main Market major indices, the Junior Market index dropping and the JSE USD Market jumping, following the prices of 29 shares rising, 51 declined and 31 remaining firm.

At the close of the market, the JSE Combined Market Index shed 1,292.50 points to settle at 325,706.01, the All Jamaican Composite Index dipped by 2,110.82 points to 362,382.67, the JSE Main Index declined 1,103.52 points to conclude trading at 314,944.15, the Junior Market Index fell by 32.06 points to 3,423.60 and the JSE USD Market Index gained 8.55 points to finish at 228.77.
At the close of trading, 19,354,550 shares were exchanged in all three markets, up from 16,269,395 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $68.39 million, up from $56.7 million on the previous day and the JSE USD market closed with an exchange of 2,201,110 shares for US$192,691 compared to 3,997,953 units at US$108,139 on Monday.
In Main Market activity, Transjamaican Highway led trading with 6.42 million shares followed by Wigton Energy with 3.66 million stocks and Sagicor Select Financial Fund with 769,936 units.
In Junior Market trading, Lumber Depot led with 1.04 million shares, followed by Stationery and Office Supplies with 654,289 stocks and Kintyre Holdings with 434,549 units.
In the preference segment, Jamaica Public Service 7% sank $4.50 and ended at $40, Jamaica Public Service 9.5% popped $38 to $2,688 and Sygnus Credit Investments C10.5% skidded $5.98 to close at $95.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.4 based on 2024-25 earnings and 19.2 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all the ordinary shares listed on the Jamaica Stock Exchange, and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 drops on JSE Main Market  


Stock prices enjoyed some sizable gains on the Jamaica Stock Exchange Main Market on Monday in moving the JSE market indices higher on a day of a 34 percent decline in the volume of stocks traded, valued 39 percent less than on Friday, with trading in 60 securities compared with 57 on Friday, with prices of 17 rising, 25 declining and 18 ending unchanged.

The market closed with 8,172,827 shares trading for $48,080,512, much lower than the 12,317,187 stocks at $78,954,503 on Friday.
Trading averaged 136,214 shares at $801,342, down from 216,091 stock units at $1,385,167 on Friday and month to date, an average of 2,618,545 stocks for $10,679,287 compared with 2,904,418 shares at $11,816,862 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 3.62 million shares for 44.3 percent of the total volume, followed by Wigton Energy with 1.80 million stock units for 22 percent of the day’s trade and QWI Investments with 604,270 shares for 7.4 percent of the volume traded.
The All Jamaican Composite Index dropped 1,358.42 points to finish at 364,493.49, the JSE Main Index rose 428.98 points to close at 316,047.67 and the JSE Financial Index shed 0.05 points to 64.84. The Investor’s Choice bid-offer indicator closed with 17 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 13.4. 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.
At the close of the market, AS Bryden gained $1.95 to end at $29.95 as investors exchanged 1,505 shares, after trading at a 52 weeks’ intraday low of $24.31, Berger Paints popped 78 cents to $7.89 with traders clearing the market with 10 units, Caribbean Cement advanced $1.50 to close at $82.50 in an exchange of 5,427 shares. Carreras rose 80 cents in closing at $15.80 with traders dealing in 214,188 stock units, First Rock Real Estate rallied 95 cents and ended at $9.45 after investors exchanged 5,776 stocks, Guardian Holdings increased $2 to finish at $306 with 2,755 shares being exchanged by the close. Lasco Manufacturing climbed 52 cents to $7.58 after a transfer of 79,091 stocks, Massy Holdings popped $1.45 to close at $80 with traders swapping 203 units, Mayberry Group dipped 49 cents in closing at $6.98 after shareholders exchanged 1,000 stock units. 138 Student Living fell 68 cents and ended at $3.12 with 7,932 shares passing through the market, Sagicor Group sank 52 cents to finish at $41.98 with an exchange of 50,811 stock units, Scotia Group increased $1.32 to end at $53.82 with 112,213 units changing hands. Sygnus Credit Investments lost 76 cents to $11 with 107,082 stocks crossing the exchange and Sygnus Real Estate Finance climbed $1.07 to end at $9.50 in trading 29 shares.

In the preference segment, 138 Student Living preference shares shed $41.53 to close at $191.47 with 30 stock units crossing the market. Productive Business Solutions 10.5% preference share dropped $45.30 to finish at $1,000 with investors trading 411 stocks and Sygnus Credit Investments 10% rose $1.50 and ended at $100 with 413 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE stocks on Monday


Trading ended on the Jamaica Stock Exchange on Monday with a minor fall in the volume of stocks exchanged at a lower value than on Friday. Trading finished with mixed results for the Main Market indices, while the Junior Market index fell and the JSE USD Market rose. At the end of trading, the prices of 37 shares rose, just slightly below 39 declining stocks and the same as the 37 that remained firm.

At the close of the market, the JSE Combined Market Index advanced 301.80 points to conclude trading at 326,998.51, at the same time the All Jamaican Composite Index dropped 1,358.42 points to close at 364,493.49, the JSE Main Index climbed 428.98 points to wrap up trading at 316,047.67, the Junior Market Index dipped 14.15 points to end at 3,455.66 and the JSE USD Market Index rallied by 5.44 points to wrap up trading at 220.22.
At the close of trading, 16,269,395 shares were exchanged in all three markets, down from 16,601,761 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $56.7 million, down from $85.43 million on the previous day and the JSE USD market closed with an exchange of 3,997,953 shares for US$108,139 compared to 510,567 units at US$22,529 on Friday.
In Main Market activity, Transjamaican Highway led with 3.62 million shares followed by Wigton Energy with 1.80 million stocks and QWI Investments with 604,270 units.
In Junior Market trading, Derrimon Trading led with 1.01 million shares followed by Lumber Depot with 907,941 stocks and Tropical Battery with 295,403 units.
In the preference segment, 138 Student Living preference share lost $41.53 to finish at $191, Productive Business Solutions 10.5% preference share declined $45.30 to $1,000 and Sygnus Credit Investments 10% increased $1.50 in closing at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.3 based on 2024 earnings.
The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all the ordinary shares listed on the Jamaica Stock Exchange and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Kintyre & Guardian head ICTOP10


Kintyre Holdings and Guardian Holdings are the two leading stocks in ICTOP10 this week that are poised to deliver the most gains in the Jamaica stock market, that is currently struggling to break out. Guardian just released full year results showing profit rising while Kintyre’s latest financial report shows the group in a profitable position that is pointing to a big bump in earings for 2025.

The Jamaica stock market struggled last week, even as interest rates on BOJ certificate of deposits have fallen since last year and seem poised to decline further, with Bank of Jamaica CD rates now under 6 percent currently. The total take from the money market dropped to $83 billion from $160 billion a year ago, and more than $100 billion a few eeks ago, The NIR is at a record high of US$5.79 billion and the price of oil on the world market has delined to just over US$60 per barrel and set to keep pressure on inflation. Profit results, of course, released by several companies are not inspiring enough to evoke increased buying interest across the market.
It is against the above that the IC TOP 10 performance can be viewed. During the past week, two stocks rose in the Junior Marlet TOP10 and seven declined. The Main Market TOP 10 list saw three stocks rising and five declining.
During the past week, in the Junior Marlet TOP10, Kintyre Holdings climbed 8 percent to close at 27 cents and Caribbean Flavours gained 5 percent to close at $1.25. Dolphin Cove lost 15 percent to end at $13.99, Caribbean Assurance fell 13 percent to $2.50, as investors await the long delaid 2024 full year results. AMG Packaging declined by 10 percent to $2.50, Dolla Financial lost 9 percent to close at $2.40, Limners and Bards dipped by 7 percent to $1.10 and Express Catering and Elite Diagnostic fell 4 percent to $2.76 and and $1.54 43 spectively.
In the Main Market ICTOP10, Proven Investments jumped 22 percent to 11 US cents, 138 Student Living climbed 17 percent to $3,80 and QWI Investments rallied to 8 1 cents for a four percent gain. Margaritaville fell 6 percent to $3 and Jamaica Broilers dipped 4 percent to $26.75 as losses incurred in the third quarter and inadequate explanation from management surrounding the loss weighed down on the stock.
There are no new listings for the All JSE ICTOP10, the Junior Market ICTOP10 and the Main Market ICTOP10 for the past week.
The average PE for the JSE Main Market ICTOP 10 is just 5.5, well below the market average of 13.3 and the Junior Market TOP10 stands at 7.1, just under half of the market average of 14.4.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 281 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 212 percent increase for the same period.
In the Main Market ICTOP 10, there are 18 stocks with the highest values accounting for 35 percent of the Main Market, with PEs between 15 to 43, with an average of 21 and a PE of 19 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 15 stocks or 31 percent of the market have PEs ranging from 15 to 53 with an average of 22 and a PE of 20 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. In some cases, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions in selecting stocks for investments.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

All week slide for JSE Main Market


Fresh from heavy trading in shares of Transjamaican Highway on Thursday on the Jamaica Stock Exchange Main Market on Friday, market activity returned to a more subdued level, with a 99 percent decline in the volume of stocks traded and the value 98 percent lower, following trading in 57 securities against 58 on Thursday. Trading ended with prices of 18 stocks rising, 23 declining and 16 ending unchanged and resulted in the continuation of a falling market all week long, starting on Monday.

The market closed with 12,317,187 shares being traded at $78,954,503 compared with 1,228,240,349 units at $4,388,967,714 on Thursday.
Trading averaged 216,091 shares valued $1,385,167, from 21,176,558 stocks at $75,671,857 on Thursday and month to date, an average of 2,904,418 units for $11,816,862 compared with 3,234,665 shares at $13,098,342 on the previous day and March with an average of 896,190 stock units at $20,804,277.
While not matching Thursday’s heavy volume, Transjamaican Highway led trading with 6.37 million shares for 51.7 percent of total volume, followed by Wigton Energy with 1.87 million stocks for 15.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.77 million units for 14.4 percent of total traded volume.
The All Jamaican Composite Index declined 1,871.73 points to finish at 365,851.91, the JSE Main Index sank 2,867.75 points to conclude trading at 315,618.69 and the JSE Financial Index dropped nearly two percent with the 1.20 points falling off the index to end at 64.89. The Investor’s Choice bid-offer indicator shows 13 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 13.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
At the close of a week of falling prices, Barita Investments lost 70 cents to land at $71.50 with 3,125 shares passing through the market, Caribbean Cement fell $1.50 and ended at $81 with investors trading 209,286 stock units, GraceKennedy sank 35 cents to finish at $73.65 with 5,323 shares crossing the market. Following b gains in Trinidad on Friday, Guardian Holdings gained $34 to close at $304 with investors dealing in 10,079 units, Jamaica Producers shed 40 cents to end at $24 as 162 stocks passed through the market, JMMB Group declined 63 cents in closing at $20.15 with investors trading 63,333 shares. Lasco Manufacturing sank 44 cents to $7.06 after an exchange of 99,421 units, Massy Holdings skidded $2.42 to end at $78.55 with a transfer of 80,000 stocks, Proven Investments popped 49 cents in closing at $17.49 after investors exchanged 8,960 stock units. Sagicor Group climbed 50 cents to finish at $42.50 in switching ownership of 23,153 shares, Sagicor Real Estate Fund increased 65 cents and ended at $8.65 with investors swapping 205 stock units, Scotia Group dipped 50 cents to close at $52.50 in an exchange of 75,741 units and Seprod slipped $1.29 to $84.20 with 11,112 stocks changing hands.
In the preference segment, 138 Student Living preference share advanced $19 and ended at $233 in an exchange of 201 shares and Sygnus Credit Investments 10% rose $1.17 in closing at $98.50 with traders dealing in 456 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE trading plunges to more normal


Trading plunged back to more recently acceptable low levels Friday on the Jamaica Stock Exchange, with a fall in the volume of stocks exchanged, carrying a lower value than on Thursday, when a large amount of Transjamaican stocks were traded and swelling trading above more recent daily levels. Trading resulted in Main Market major indices falling, the Junior Market index just holding onto a modest gain and the JSE USD Market slipping, as trading ended with prices of 34 shares rising, 41 declining and 35 remaining firm.

At the close of the market, the JSE Combined Market Index lost 2,725.77 points to wrap up trading at 326,696.71, the All Jamaican Composite Index shed 1,871.73 points to settle at 365,851.91, the JSE Main Index plunged 2,867.75 points to 315,618.69, the Junior Market Index gained 1.82 points to finish at 3,469.81 and the JSE USD Market Index slipped 1.97 points to finish at 214.78.
At the close of trading, 16,601,761 shares were exchanged in all three markets, down from massive 1,233,356,622 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to just $85.43 million, down from $4.4 billion on the previous day and the JSE USD market closed with an exchange of 510,567 shares for US$22,529 down from 1,653,319 units at US$64,360 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 6.37 million shares followed by Wigton Energy with 1.87 million stocks and Sagicor Select Financial Fund with 1.77 million units.
In Junior Market trading, Derrimon Trading led with 1.0 million shares, followed by EduFocal with 660,647 stocks and Atlantic Hardware with 581,974 units.
In the preference segment, 138 Student Living preference share rallied $19 to close at $233 and Sygnus Credit Investments 10% rose $1.17 to $99.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.4 based on 2024-25 earnings and 19.3 based on 2024 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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

Transjamaican huge Main Market trade


Jamaica’s first toll road operators, Transjamaican Highway, delivered a large quantity of stocks traded on the Jamaica Stock Exchange Main Market ended Thursday, with investors swapping out 1.218 billion of the company’ shares valued at $4.294 billion, with trading flowing from two main blocks of 589 million units at $3.60 and 614 million shares at $3.45. Trading volume jumped 1,199 percent and the value 913 percent more than on Wednesday, resulting from trading in 58 securities compared with 60 on Wednesday, with prices of 28 rising, 20 declining and 10 ending unchanged.

The market closed with 1,228,240,349 shares trading for $4,388,967,714, sharply up from 94,550,139 stock units at $433,147,553 on Wednesday.
Trading averaged 21,176,558 shares at $75,671,857, above the 1,575,836 stocks at $7,219,126 on Wednesday and month to date, an average of 3,234,665 units at $13,098,342 above 671,537 shares at $4,159,268 on the previous trading day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 1,218.36 million shares, accounting for 99.2 percent of the total volume, followed by JMMB Group 10% preferred shares, with 2.41 million stocks, representing 0.2 percent of the day’s trade. Carreras closed with 1.79 million stock units for 0.1 percent of the volume traded, while Lasco Distributors had 1.53 million shares for 0.1 percent of the volume traded, and Sagicor Select Financial Fund recorded 1.14 million stocks for 0.1 percent of market share.
The All Jamaican Composite Index shed 1,020.18 points to end at 367,723.64, the JSE Main Index dropped 1,489.05 points to settle at 318,486.44 and the JSE Financial Index just inched 0.03 points higher to finish at 66.09. The Investor’s Choice bid-offer indicator shows 11 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 13. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
At the close of the market, AS Bryden skidded $2 to end at $28 with 373 shares traded, Barita Investments rose $2.30 to $72.20 with a transfer of 7,737 stock units, Caribbean Cement fell $2.50 to finish at $82.50 with 24,113 shares crossing the market. Carreras popped 50 cents and ended at $15.18 with investors swapping 1,789,686 units, GraceKennedy gained 45 cents in closing at $74 with 41,051 changing hands, Guardian Holdings slipped $39.75 to close at $270, trading 10,518 units. Jamaica Producers rose 90 cents to $24.40 with 176,710 shares crossing the market, Massy Holdings advanced $2.39 to close at $80.97 with 1,256 stock units switching owners, 138 Student Living climbed 58 cents and ended at $3.85 with investors swapping 600 stocks. Pan Jamaica increased $1.30 to $54 in an exchange of 150,513 shares, Sagicor Group sank 50 cents in closing at $42 with 21,251 stock units passing through the market, Scotia Group dropped 98 cents to finish at $53 in an exchange of 181,423 stocks, Seprod climbed $1.29 to $85.49, with investors dealing in 67,291 units and Sygnus Real Estate Finance lost $1.26 to finish at $8.14 after a transfer of 2,377 shares.
In the preference segment, Eppley 7.25% preference share rose $2 and ended at $20, with traders dealing in 5 stock units. Jamaica Public Service 7% declined 50 cents to end at $44.50 after an exchange of 6 stocks, 138 Student Living preference share sank $17 in closing at $214 with investors trading 43 units and Sygnus Credit Investments C10.5% advanced $1.98 to close at $100.98 after an exchange of 494 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Transjamaican trades 1.2B shares on JSE


Transjamaican Highway reign supreme over the Jamaica Stock Exchange on Thursday with more than 1.2 billion shares passing through the market with a value of $4.3 billion, pushing the volume and value of stocks exchanged, Wednesday’s out turn, resulting in Main Market major indices dropping, the Junior Market index declining and the JSE USD Market inched just higher. At the end of trading, the prices of 47 shares rose, 35 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index sank 1,537.60 points to end at 329,422.48, the All Jamaican Composite Index shed 1,020.18 points to settle at 367,723.64, the JSE Main Index declined 1,489.05 points to wrap up trading at 318,486.44, the Junior Market Index fell 15.86 points to 3,467.99 and the JSE USD Market Index rose 0.60 points to end at 216.75.
At the close of trading, 1,233,356,622 shares were exchanged in all three markets, up dramactically from just 105,765,623 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $4.4 billion, up from just $449.61 million on the previous day and the JSE USD market closed with an exchange of 1,653,319 shares for US$64,360 compared to 2,421,389 units at US$115,441 on Wednesday.
In Main Market activity, Transjamaican Highway led with 1,218.36 million shares followed by JMMB Group 10% preferred shares with 2.41 million stocks and Carreras with 1.79 million units.
In Junior Market trading, ONE on ONE Educational led with 877,092 shares followed by Image Plus with 633,385 stocks and Atlantic Hardware with 507,984 units.
In the preference segment, Eppley 7.25% preference share rose $2 in closing at $20, 138 Student Living preferred share dipped $17 to $214 and Sygnus Credit Investments C10.5% gained $1.98 to close at $101.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.3 based on 2024-25 earnings and 19 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.