JMMB preferred tops JSE Main Market trades


JMMB Group 10% preferred shares accounted for 35 percent of the volume traded on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks more than doubling trading on Tuesday, with the value being just over one and a half as high, following trading in 59 securities down from 60 on Tuesday, with prices of 28 advancing, 14 declining and 17 ending unchanged, while Scotia Group and Wisynco traded x-dividend.

The market closed after an exchange of 29,612,887 shares valued at $125,457,922, doubling the 14,713,604 stock units at $82,057,557 on Tuesday.
Trading averaged 501,913 shares at $2,126,405, up from 245,227 stocks at $1,367,626 on Tuesday. Month to date, the average ends at 607,987 units at $19,233,267, slightly lower than the 614,596 shares valued $20,299,059 on the previous day, up from February, with an average of 405,332 stock units at $1,953,730.
JMMB Group 10% preferred shares led trading with 10.42 million shares accounting for 35.2 percent of total volume, followed by Wigton Energy with 7.78 million stocks for 26.3 percent of the day’s trade, Transjamaican Highway closed with 4.40 million stock units for 14.9 percent of the volume traded and Palace Amusement with 2.55 million shares for 8.6 percent of market share.
The All Jamaican Composite Index dropped 2,002.36 points to end at 376,726.34, the JSE Main Index shed 680.33 points to conclude trading at 324,995.01 and the JSE Financial Index slipped 0.04 points to settle at 67.77.
The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
Trading on he Main Market ended 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, AS Bryden rallied $1.50 to $29.50 after an exchange of 3,958 stock units, Berger Paints rose 79 cents to close at $7.94 after with the trading of 748 shares, Eppley Caribbean Property Fund lost 79 cents and ended at $37.50 with 789 units crossing the market. GraceKennedy gained 50 cents to end at $73 in an exchange of 5,436 stocks, Guardian Holdings popped $12 in closing at $307 with investors trading a mere one share, Massy Holdings shed $2 to finish at $78 with 20,270 units crossing the market. Proven Investments declined $1.49 to $17, with trading in 605,840 stocks, Sagicor Group advanced 85 cents to close at $43 with 7,377 stock units clearing the market, Scotia Group trading x-dividend increased by $1 to end at $54, with investors swapping 37,525 shares. Seprod climbed $4.48 in closing at $89.50 with 10,734 stock units switching owners, Stanley Motta increased 89 cents and ended at $6.84 with investors trading 1,456 stocks and Supreme Ventures climbed 82 cents to finish at $21 after a transfer of 111,274 units.
In the preference segment, Jamaica Public Service 7% rose $3.55 and ended at $45 and closed with 11 stocks being traded and Sygnus Credit Investments C10.5% advanced 79 cents to $101 as investors exchanged just one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs on Jamaica Stock Exchange


Trading closed Wednesday on the Jamaica Stock Exchange with a solid rise in the volume and value of stocks exchanged than on Tuesday, resulting in all markets declining and ending with the prices of 42 shares rising, 33 declining and 37 remaining firm.

At the close of the market, the JSE Combined Market Index declined by 769.63 points to 336,164.06, the All Jamaican Composite Index shed 2,002.36 points to end trading at 376,726.34, the JSE Main Index dropped 680.33 points to finish at 324,995.01, as the Junior Market Index fell 16.61 points to conclude trading at 3,539.19 and the JSE USD Market Index shed 15.32 points to 215.16.
At the close of trading, 46,250,652 shares were exchanged in all three markets, up from 28,138,536 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $150.29 million, up from $105.99 million on the previous day and the JSE USD market closed with an exchange of 1,108,531 shares for US$101,391 compared to 1,129,940 units at US$134,480 on Tuesday.
In Main Market activity, JMMB Group 10% preferred shares led with 10.42 million shares followed by Wigton Energy with 7.78 million stocks and Transjamaican Highway with 4.40 million units.
In Junior Market trading, ONE on ONE Educational led with 4.86 million shares followed by Jamaican Teas with 2.27 million stocks and Kintyre Holdings with 1.86 million units.
In the preference segment, Jamaica Public Service 7% rose $3.55 to $45.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 19.7 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed charts are posted daily to provide investors with regularly updated information to help 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.

Transjamaican Main Market volume leader


Transjamaican Highway captured 48 percent of the total volume of stocks traded on the JSE Main Market on Tuesday on a day of shrunken trades, with the volume and value of stocks falling 32 percent and 28 percent, respectively, than Monday. At the close of market activities, investors exchanged 60 securities, the same as Monday, with prices of 23 rising, 23 declining and 14 ending unchanged as the market closed higher at the end of trading.

The market closed with 14,713,604 shares trading for $82,057,557, down from 21,696,953 stock units at $113,302,776 on Monday.
Trading averaged 245,227 shares at $1,367,626 well below the 361,616 stocks at $1,888,380 on Monday and month to date, an average of 614,596 stock units at $20,299,059, slightly below the 639,582 shares at $21,579,652 on the Monday compared with February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 7.01 million shares for 47.6 percent of the total volume, followed by Wigton Energy, ending with 2.88 million stocks for 19.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.30 million stock units for 8.8 percent of market share.
The All Jamaican Composite Index rallied 1,444.50 points to close at 378,728.70, the JSE Main Index gained 917.90 points to settle at 325,675.34 and the JSE Financial Index advanced 0.36 points to close at 67.81. The Investor’s Choice bid-offer indicator shows 13 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 14.9. 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 of the market, Berger Paints dropped 80 cents to end at $7.15 after an exchange of 759 shares, Eppley Property Fund gained $3.79 to close at $38.29 with investors trading 22 stocks, GraceKennedy shed $1 to finish at $72.50 in an exchange of 72,882 shares. Guardian Holdings popped $6 and ended at $295 with traders dealing in 110 stock units, Jamaica Broilers rallied $1.34 in closing at $35.34 after a transfer of 25,159 shares, JMMB Group rose 80 cents to close at $22.80 with 77,023 stock units switching owners. Lasco Manufacturing advanced 50 cents to $7.50 with 36,225 units changing hands, Margaritaville climbed 78 cents to end at $15.50 with 10 stocks crossing the exchange, Massy Holdings increased $2 in closing at $80 with investors dealing in 960 units. Mayberry Jamaican Equities popped 59 cents to finish at $10 with 870 stocks passing through the market, NCB Financial gained $1.95 and ended at $44.95 after an exchange of 12,249 shares, Proven Investments rose $1.44 to close at $18.49 with investors trading 302,924 stock units. Sagicor Group lost $1.35 to close at $42.15 after an exchange of 6,483 shares, Sagicor Real Estate Fund slipped 40 cents and ended at $8 with investors swapping 13,650 stocks, Scotia Group sank $3.70 to end at $53 with 380,744 stocks crossing the market. Seprod advanced 81 cents in closing at $85.02 as investors exchanged 855 units, Stanley Motta declined $1.05 to finish at $5.95 with a transfer of 10,232 shares, Sygnus Credit Investments sank 50 cents to close at $12.40 with 43,051 units crossing the market. Transjamaican Highway skidded 35 cents to $4.08 in trading 7,007,006 stocks and Wisynco Group fell 52 cents to finish at $21.30 after closing with an exchange of 42,384 stock units.
In the preference segment, Jamaica Public Service 9.5% dipped $40 and ended at $2,650 with 14 shares clearing the market and Sygnus Credit Investments 10% sank $10 to end at $100 in the trading of 650 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Gains for Jamaica Stock Exchange


All three Jamaica Stock Exchange markets closed markedly higher at the end of trading with a fall in the volume of stocks exchanged, with a lower value than on Monday and ending with prices of 53 shares rising, 35 declining and 26 remaining firm.

At the close of the market, the JSE Combined Market Index, the best measure of the overall market performance advanced 1,266.53 points to 336,933.69, the All Jamaican Composite Index gained 1,444.50 points to wrap up trading at 378,728.70, the JSE Main Index rose 917.90 points to settle at 325,675.34, the Junior Market Index rallied a solid 54.28 points to 3,555.80 and the JSE USD Market Index increased 6.23 points to end at 230.48.
At the close of trading, 28,138,536 shares were exchanged in all three markets, down from 41,991,983 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $105.99 million, down from $208.06 million on the previous day. The JSE USD market closed with an exchange of 1,129,940 shares for US$134,480 up from 298,433 units at US$29,583 on Monday.
In Main Market activity, Transjamaican Highway led with 7.01 million shares followed by Wigton Energy with 2.88 million stocks and Sagicor Select Financial Fund with 1.30 million units.
In Junior Market trading, Jamaican Teas led with 4.24 million shares followed by Fosrich with 1.83 million stocks and Kintyre Holdings with 1.05 million units.
In the preference segment, Jamaica Public Service 9.5% sank $40 to end at $2,650 and Sygnus Credit Investments 10% skidded $10 to $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.7 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.

Wigton gobbles up 52% of JSE Main Market


Wigton Energy led trading with nearly 52 percent of the total volume traded on the Jamaica Stock Exchange Main Market on Monday, but accounted for just under 11 percent of the value, with the trading volume rising 44 percent and the value 37 percent higher than on Friday, following trading in 60 securities up from 57 on Friday, with prices of 23 rising, 25 declining and 12 ending unchanged and Sagicor Group ending at 52 weeks’ high of $43.50. 

Investors traded 21,696,953 shares at $113,302,776 comfortably above 15,065,778 stocks at $82,569,896 trading on Friday. Trading averaged 361,616 shares at $1,888,380 well above the 264,312 stock units at $1,448,595 on Friday and month to date, an average of 639,582 units at $21,579,652 within the vicinity of the 659,748 shares at $23,008,281 on the previous trading day and well below February that ended with an average of 405,332 stock units at only $1,953,730. Wigton Energy led trading with 11.20 million shares for 51.6 percent of total volume followed by Transjamaican Highway which ended with 3.78 million stock units for 17.4 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.83 million stocks for 8.4 percent of the volume traded and Sagicor Select Financial Fund with 1.57 million units for 7.2 percent of market share. The All Jamaican Composite Index popped 1,298.70 points to end at 377,284.20, the JSE Main Index slipped 283.03 points to close trading at 324,757.44 and the JSE Financial Index popped 0.28 points to 67.45. The Investor’s Choice bid-offer indicator shows 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 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 for the market, Caribbean Cement skidded 95 cents to finish at $83.05 with 3,305 stocks switching owners, Eppley gained 40 cents and ended at $35.40 with investors trading 281 stock units, Eppley Caribbean Property Fund sank $1.50 to $34.50 in an exchange of 2,993 shares. First Rock Real Estate dipped 74 cents to close at $8.21 with 802 stock units crossing the market, General Accident fell 56 cents to end at $5.16 as investors exchanged 636 shares, Guardian Holdings shed $18 in closing at $289 with 70 stocks being traded. Jamaica Broilers declined $1.24 to $34 with traders dealing in 37,617 units, Jamaica Producers popped 49 cents to close at $24.49 after an exchange of 4,372 stock units, JMMB Group advanced 80 cents to finish at $22 with investors swapping 66,055 shares. Kingston Wharves rose $1 and ended at $28.90 with 2,472 units clearing the market, Lasco Manufacturing lost 50 cents to end at $7 in trading 40,017 stocks, Margaritaville dropped 78 cents in closing at $14.72 with 20 stock units passing through the market. Massy Holdings sank $2.98 to $78 with a transfer of 90,119 shares, while Mayberry Jamaican Equities slipped 45 cents to end at $9.41 with investors dealing in 11,901 stocks, NCB Financial climbed $1 in closing at $43 in an exchange of 67,320 units. Sagicor Group gained $1.51 and ended at 52 weeks’ high of $43.50 after trading of 14,649 stock units, Seprod sank $5.68 to close at $84.21 with an exchange of 82,776 shares and Supreme Ventures rallied $1 to finish at $20 with 14,619 stocks changing hands.
In the preference segment, Jamaica Public Service 7% skidded $4.54 and ended at $41.45 after an exchange of 100 units and Sygnus Credit Investments C10.5% sank $1.99 to $100 with investors trading 194 stock units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Kintyre heads All JSE ICTOP10


The price of Kintyre Holdings dropped 15 percent during the week to close at a 52 weeks’ low of 28 cents and jumped to the top of the All JSE ICTOP10 with potential gains of 471 percent and pushing Guardian Holdings to the number 2 spot, projected to gains just over 400 percent, with markets declining during the past week with the Main Market falling less than one percent and the Junior Market falling 2.3 percent.

The Transjamaican’s public share issue which is 36 percent oversubscribed, diverted funds away from the secondary market, resulting in the ICTOP10 ending with the prices of just two stocks rising in the Junior Market listing while seven declined. In the Main Market listing three stocks rose and six declined.
In the Junior Market ICTOP10, Express Catering rebounded from a loss of the previous week with an 11 9 percent climb to $2.89 and Iron Rock Insurance just managed to eke out a 3 percent rise to $3.80. and dropped out of the Junior Market ICTOP10 allowing Dolphin Cove to return.
AMG Packaging lost 21 percent to close at $2.30, following an 18 percent drop in the previous week, Kintyre Holdings suffered a 15 percent decline to 28 cents, accompanying heavy selling in the stock. declined 10 percent to $2.60, Caribbean Assurance declined by 14 percent to close at $2.36, Caribbean Flavours fell 10 percent to $1,16, Limners & Bards slipped 7 percent to $1.12 and Dolla Financial lost 3 percent to close the week at $2.66.
In the Main Market ICTOP10, Margaritaville rose 5 percent to $15.50 and VM Investments gained 3 percent to $2.25. $15.
NCB Financial hit an eight and a half year low of $42 after falling 7 percent during the week after trading as low as $40.10, 38 percent below the $65 the new shares were sold at last year to the public, QWI Investments fell 6 percent to 77 cents and Jamaica Broilers dropped 5 percent to $35.24.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Caribbean Producers returning to the All JSE ICTOP10, while Express Catering fell out.
There is one change to the Junior Market ICTOP10 and none in Main Market ICTOP10, with the Junior Market Iron Rock Insurance returning as Dolphin Cove drops out with the B recovery continuing for the stock price following the sharp fall two weeks ago.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.7, well below the market average of 15 and the Junior Market TOP10 stands at 7.6, more than half of the market, with an average of 13.9.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 2515 percent by May 2025, providing better values than the Junior Market, that is projected to achieve a 211 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 42, with an average of 21 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 12 stocks or 26 percent of the market have PEs ranging from 15 to 29 with an average of 19 and a PE of 17 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 non-blue chip stocks and in some cases weaker companies that may be oversold and therefore end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
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.

Sharp jump in JSE trading


Trading jumped sharply on the Jamaica Stock Exchange on Monday with an exchange in the volume of stocks resulting in a surge in value compared to Friday, with the value pushed by Fontana, accounting for more than $78 million or just over a third of the value of stocks traded and ending with the Main Market major indices rising, the Junior Market index bouncing and the JSE USD Market slipping, with the broader measure of the overall market performance, the JSE Combined Market Index slipping marginally. At the close of the market prices of 50 shares rose, 37 declined and 25 remained unchanged.

At the close of the market, the JSE Combined Market Index skidded 58.44 points to end at 335,667.16, as the All Jamaican Composite Index popped 1,298.70 points to 377,284.20, the JSE Main Index slipped 283.03 points to close at 324,757.44, the Junior Market Index increased 29.64 points to wrap up trading at 3,501.52 and the JSE USD Market Index sank 0.05 points to 224.25.
At the close of trading, 41,991,983 shares were exchanged in all three markets, up from 27,070,390 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $208.06 million, up from just $92.27 million on the previous trading day and the JSE USD market closed with an exchange of 298,433 shares for US$29,583 down from 1,553,053 units at US$42,992 on Friday.
In Main Market activity, Wigton Energy led with 11.20 million shares followed by Transjamaican Highway with 3.78 million stocks and JMMB Group 7.35% – 2028 with 1.83 million units.
In Junior Market trading, Fontana led with 8.70 million shares followed by ONE on ONE Educational with 3.24 million stocks and Derrimon Trading with 2.52 million units.
In the preference segment, Jamaica Public Service 7% dropped $4.54 to finish at $41 and Sygnus Credit Investments C10.5% fell $1.99 to $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.7 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the more detailed daily charts provide regularly updated data 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 an easy comparison 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.

Main & Junior Markets gain USD stocks fall


Trading closed Friday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, with a lower value than on Thursday, resulting in a bounce in the indices of the Main Market and the Junior Market and the JSE USD Market declining. At the end of trading the prices of 42 shares rose, 28 declined and 34 remained firm.

At the close of the market, the JSE Combined Market Index jumped 3,747.36 points to  335,725.60, the All Jamaican Composite Index rallied 3,457.62 points 375,985.50, the JSE Main Index climbed 3,847.52 points to 325,040.47, the Junior Market Index popped just 9.45 points to conclude trading at 3,471.88 and the JSE USD Market Index declined 4.59 points to wrap up trading at 224.30.
At the close of trading, 27,070,390 shares were exchanged in all three markets, up from 26,143,693 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $92.27 million, down from $148.14 million on the previous day and the JSE USD market closed with an exchange of 1,553,053 shares for US$42,992 well above the 548,952 units at US$20,373 on Thursday.
In Main Market activity, Wigton Energy led with 7.28 million shares followed by Transjamaican Highway with 3.50 million stocks and Sagicor Select Financial Fund with 1.01 million units.
In Junior Market trading, three battered stocks led trading with Kintyre Holdings leading with 4.32 million shares followed by EduFocal with 1.59 million stocks and Lasco Financial with 850,262 units.
In the preference segment, Sygnus Credit Investments C10.5% rose $4.93 to $102.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.5 based on 2024-25 earnings and 19.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with information that is updated regularly to help decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange and are 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.

More Main Market declines


Trading picked up on the Jamaica Stock Exchange Main Market on Thursday with the volume traded rising 23 percent and the value climbing 79 percent over Wednesday and resulting in more slippage in the market and continuing a month long decline, with trading in 58 securities compared to59on Wednesday, with prices of 19 rising, 29 declining and 10 ending unchanged.

The market closed with 9,258,988 shares trading for $109,778,942 up from 7,555,395 stock units valued at $61,391,837 on Wednesday.
Trading averaged 159,638 shares at $1,892,740 from 128,058 stocks at $1,040,540 on Wednesday and for the month to date, an average of 689,021 units at $24,604,258 down from 732,145 shares with a value of  $26,454,353 on the previous day and higher than February with an average of 405,332 stock units at just $1,953,730.
Transjamaican Highway led trading with 1.75 million shares for 18.9 percent of total volume followed by Wigton Energy which ended with 1.49 million stocks for 16.1 percent of the day’s trade, Kingston Wharves closed with 1.48 million units for 16 percent of the volume traded and Sagicor Select Financial Fund with 1.41 million shares for 15.2 percent of market share.
The All Jamaican Composite Index fell 2,004.24 points to wrap up trading at 372,527.88, the JSE Main Index dropped 2,185.60 points to settle at 321,192.95 and the JSE Financial Index slipped 0.25 points to end at 66.69. 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 14.9. 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 of trading, AS Bryden fell 95 cents to $28 with traders dealing in 510 stock units, Berger Paints dropped 81 cents to $7.15 after investors exchanged 10,791 shares, Caribbean Cement rallied 66 cents in closing at $83.98 as 3,864 stocks were traded. Eppley Caribbean Property Fund popped $1 to finish at $36 as 287 units passed through the market, First Rock Real Estate sank 50 cents to $8.52 with investors trading 2,412 shares, General Accident slipped 80 cents to close at $5 with 500,016 stocks crossed the market. GraceKennedy climbed 37 cents to $73.50 after investors ended trading 12,289 units, Guardian Holdings sank $14 to close at $289 after a transfer of 29 stock units, Jamaica Producers dipped 84 cents to end at $22 with investors trading 37,392 shares. Kingston Properties lost 50 cents in closing at $9 with 4,593 stocks clearing the market, Kingston Wharves skidded $1.30 and ended at $26.60 in an exchange of 1,482,888 units, Lasco Manufacturing rose 39 cents to finish at $7.50 after 88,399 stock units crossed the market. Margaritaville declined 47 cents and ended at $15.53 after an exchange of 1,004 shares, Massy Holdings shed $2.97 to close at $78 with a transfer of 100,000 stocks, Mayberry Jamaican Equities advanced 58 cents to finish at $10 after an exchange of 1,000 units. NCB Financial lost 62 cents in closing at an eight and a half year low of $43.78 with investors dealing in 246,064 stock units, Pan Jamaica gained $1.70 to end at $53.20 with 6,258 shares switching owners and Stanley Motta increased 75 cents to close at $6.75 with 122 stocks crossing the exchange.
In the preference segment, Eppley 7.25% preference share slipped 74 cents to $18.50 with 2,931 units changing hands and 138 Student Living preference share sank $63.50 to finish at $230 with an exchange of 2,037 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Indies Pharma leads JSE trading for 2nd day


Junior Market listed and Montego Bay based Indies Pharma led Jamaica Stock Exchange trading on Thursday for a second consecutive day but with a lower volume on Thursday, resulting in a fall in the volume and value of stocks, At the close Main Market major indices rose, the Junior Market index just eked out a miniscule gain and the JSE USD Market suffered a loss. At the end of trading the prices of 31 shares rose, 56 declined and 22 remained firm.

At the close of the market, the JSE Combined Market Index shed 2,088.95 points to 331,978.24, the All Jamaican Composite Index dipped 2,004.24 points to settle at 372,527.88, the JSE Main Index dipped 2,185.60 points close to 321,192.95, the Junior Market Index rallied a mere 0.18 points to end at 3,462.43 and the JSE USD Market Index dropped 8.01 points to settle at 228.89.
At the close of trading, 26,143,693 shares were exchanged in all three markets, down from 47,271,948 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $148.14 million, down from $285.29 million on the previous day and the JSE USD market closed with an exchange of 548,952 shares for US$20,373 compared to 259,595 units at US$117,525 on Wednesday.
In Main Market activity, Transjamaican Highway led with 1.75 million shares followed by Wigton Energy with 1.49 million stocks and Kingston Wharves with 1.48 million units.
In Junior Market trading, Indies Pharma led with 9.93 million shares following the 35 million units traded on Wednesday, Kintyre Holdings followed with 1.95 million stocks and ONE on ONE Educational with 973,754 units.
In the preference segment, 138 Student Living preference share dropped $63.50 to end at $230.
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 them in decision-making. The PE ratio chart covers all ordinary shares that are 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.