The Jamaica Stock Exchange Main Market continues to experience negative movement in March with another session of declines in the market indices in trading on Wednesday. At the close, the volume of stocks traded declined 26 percent with the value remaining the same level as on Tuesday, following trading in 59 securities as was the case on Tuesday, with prices of 22 rising, 21 declining and 16 ending unchanged as NCB Financial closed at an 8½ low of $44.40 after trading at an intraday multi low of $42.04 going back to 2016.
The market closed with 7,555,395 shares trading for $61,391,837 compared with 10,196,021 stock units at $61,375,187 on Tuesday.
Trading averaged 128,058 shares at $1,040,540 compared to 172,814 stocks at $1,040,257 on Tuesday and month to date, an average of 732,145 units at $26,454,353 just lower than 786,725 shares at $28,750,548 on the previous day and well above February with an average of 405,332 stock units at $1,953,730.
JMMB Group 7.35% – 2028 preferred stock led trading with 2.38 million shares for 31.5 percent of total volume traded followed by Transjamaican Highway with 1.73 million stock units for 22.9 percent of the day’s trade and Wigton Energy with 986,326 stocks for 13.1 percent of the total volume of stocks traded.
The All Jamaican Composite Index dipped 1,307.11 points to end at 374,532.12, the JSE Main Index fell 1,419.05 points to 323,378.55 and the JSE Financial Index slipped 0.15 points to 66.94. The Investor’s Choice bid-offer indicator shows 10 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 15.1. 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.
At the close of a day of slow trading, Berger Paints rallied 81 cents to end at $7.96 with an exchange of 722 stock units, Caribbean Cement skidded 68 cents to $83.32 with 2,634 shares passing through the market, Eppley Caribbean Fund sank 73 cents to close at $35 in trading 224 units. First Rock Real Estate rose 50 cents to finish at $9.02 in an exchange of 7,472 stocks, Guardian Holdings jumped with a $12 gain and ended at $303 with investors trading 184 units, Jamaica Broilers dipped $1.70 in closing at $33.60 with 38,485 stocks crossing the market. Jamaica Producers sank $1 to $22.84 in trading 222 shares, Kingston Properties lost 40 cents in closing at $9.50 with 136 stock units crossing the market, Lasco Manufacturing dropped 38 cents to end at $7.11 with investors swapping 139,993 shares. Margaritaville popped 75 cents to close at $16 with 7,010 stocks clearing the market, Massy Holdings climbed $1.66 and ended at $80.97 with an exchange of 348,865 units, Mayberry Jamaican Equities fell 58 cents to finish at $9.42 after 4,504 stock units changed hands.
Pan Jamaica increased $1.50 to $51.50 with a transfer of 16,050 shares, Scotia Group slipped 99 cents to end at $56.01 after an exchange of 48,091 stocks, Seprod advanced $2.55 in closing at $89.90 with investors trading 2,725 units. Stanley Motta shed 85 cents and ended at $6 in an exchange of 9,506 stocks and Sygnus Credit Investments popped 64 cents to close at $12.70 with traders dealing in 16,917 shares.
In the preference segment, JMMB Group 7.15% – 2028 advanced 39 cents to finish at $2.99 with 204 units switching owners. 138 Student Living preference share declined $18.48 to $293.50 after a transfer of 25 stocks and Sygnus Credit Investments C10.5% sank $4.94 to end at $97.05 as investors exchanged 1,335 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with the JSE Combined Market Index dropping 1,431.53 points to finish at 334,067.19, the All Jamaican Composite Index declining 1,307.11 points to 374,532.12, the JSE Main Index falling 1,419.05 points to end at 323,378.55. The Junior Market Index slipped 10.38 points to conclude trading at 3,462.25 and the JSE USD Market Index rose 3.29 points to 236.90.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.6 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.
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.
The market closed with 10,196,021 shares trading for $61,375,187 compared with 14,777,464 stock units at $61,524,284 on Monday.
At the close of the market, AS Bryden gained 95 cents to finish at $28.95 with 32 units crossing the market, Berger Paints skidded 80 cents and ended at $7.15 with an exchange of just 54 stocks, Eppley Caribbean Property Fund popped 85 cents to $35.73 after a mere 3 shares were traded, Guardian Holdings fell $12 to close at $291 with just 149 stocks being traded, Jamaica Broilers dipped $1.69 to end trading at $35.30 with investors swapping 12,331 shares, Kingston Wharves advanced 50 cents to close at $28 with 10,199 stocks crossing the exchange. Margaritaville rose 52 cents to $15.25 with investors trading 329 units, Massy Holdings lost $2.19 to close at $79.31 with 183,055 stock units crossing the market, Mayberry Jamaican Equities climbed 58 cents to end at $10 as investors exchanged 607 shares. NCB Financial slipped 55 cents to close at a 52 weeks’ low of $44.45 in trading 65,397 stock units, Pan Jamaica sank $1.25 and ended at $50 after a transfer of 101,000 stocks, 
Proven Investments shed $1.49 to finish at $17.23 trading 18,342 units. Sagicor Real Estate Fund increased 40 cents and ended at $8.40 with 608 shares switching owners, Scotia Group declined 50 cents to $57 after an exchange of 238,889 stock units and Stanley Motta rallied 45 cents in closing at $6.85 with 500 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.5 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 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.
Trading ended with a moderate decline in the volume of stocks changing hands with a 59 percent lower value than on Friday after an exchange of 61 securities, up from 59 on Friday, with prices of 21 rising, 24 declining and 16 ending unchanged, resulting in a fall in the market indices.
Transjamaican Highway was the lead trade with 8.76 million shares for 59.3 percent of total volume followed by Wigton Energy which ended with 2.31 million stocks for 15.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.56 million stock units for 10.6 percent of the day’s trade.
Jamaica Producers rose 84 cents and ended at $23.84 with 1,250 stock units crossing the market, Kingston Wharves dipped 50 cents to $27.50 with 997 stock units switching owners, Lasco Manufacturing climbed 48 cents to finish at $7.49 after an exchange of 2,855 shares. Massy Holdings increased $2.19 to close at $81.50 with investors trading 10 stocks, Mayberry Jamaican Equities sank 58 cents in closing at $9.42 in an exchange of 610 units, Pan Jamaica shed $1.10 to end at $51.25 with 13,491 stock units changing hands. Sagicor Real Estate Fund sank 65 cents in closing at $8 with a transfer of 537 shares, Stanley Motta skidded 55 cents to $6.40 with 977 stock units crossing the exchange and Sygnus Credit Investments dropped 85 cents and ended at $12.05 after a transfer of 14,357 units.
In the preference segment, 138 Student Living preference share rallied $23 to finish at $308 with 38 stocks crossing the market and Sygnus Credit Investments C10.5% advanced $2.95 to close at $100 in trading 19,647 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.4 based on 2024-25 earnings and 19.5 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with updated information to help in decision-making. The PE ratio chart covers all ordinary shares that are 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.
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.
In the Junior Market ICTOP10, Dolphin Cove rebounded sharply from its recent fall, with a 9 percent climb during the week to $18.50 and AMG Packaging rose 4 percent to $2.90.
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 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.
Trading resulted in an exchange of 15,689,285 shares at $148,621,916 up from 7,389,877 stock units at $109,962,525 on Thursday.
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 their financial year ending in or around August 2025.
Lasco Manufacturing fell 49 cents to end at $7.01 after a transfer of 68,009 stocks, Massy Holdings sank $2.19 in closing at $79.31 as investors exchanged 902 units, Pan Jamaica popped 35 cents to close at $52.35 with 100 stock units crossing the market. Proven Investments gained $1.48 to end at $19 with traders dealing in 160,658 shares, Seprod skidded 99 cents in closing at $87.01 in an exchange of 13,084 stocks and Sygnus Real Estate Finance rose 91 cents to end at $9.71 with 324 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index climbed by 487.85 points to 337,176.31, the All Jamaican Composite Index advanced 772.27 points to conclude trading at 377,974.18, the JSE Main Index rallied 264.31 points to wrap up trading at 325,959.06, the Junior Market Index popped 32.82 points to end at 3,551.77 and the JSE USD Market Index shed 4.16 points to wrap up trading at 235.04.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2025-26 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 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.
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.
At the close of the market, the JSE Combined Market Index skidded 1,423.62 points to 336,688.46, the All Jamaican Composite Index sank 1,694.22 points to 377,201.91, the JSE Main Index lost 1,421.60 points to 325,694.75, the Junior Market Index fell 8.94 points to end at 3,518.95 and the JSE USD Market Index dipped 0.89 points to 239.20.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.4 based on 2024 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide updated data to help in 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.
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.