Stock prices drop across the board


on Wednesday, with a slight rise in the volume of stocks traded and ended with a big jump in value compared to Tuesday, resulting in all major Market indices falling, with trading ending with prices of 27 shares rising, 54 declining and 31 remaining firm.

At the close of trading the JSE Combined Market Index dropped 1,473.24 points to 330,481.87, the All Jamaican Composite Index fell 2,874.92 points to 362,599.37, the JSE Main Index declined by 1,451.98 points to 317,062.39, the Junior Market Index fell 11.82 points to settle at 3,804.41, and the JSE USD Market Index slipped 1.81 points to conclude trading at 235.34.
At the close of trading, 12,793,349 shares were exchanged in all three markets, up slightly from 12,762,860 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $274.1 million, well above the $55.09 million on the previous day and the JSE USD market closed with an exchange of 149,669 shares for US$12,181 up from 49,694 units at US$9,736 on Tuesday.
In Main Market activity, GraceKennedy led trading with 2.88 million stocks followed by Wigton Energy with 1.75 million shares and Mayberry Group with 1.0 million units.
In Junior Market trading, One Great Studio led trading with 1.06 million stocks followed by Jamaican Teas with 758,197 shares and Omni Industries with 524,168 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 projected earnings and 21.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.

Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.

Rising stocks dominate JSE Main Market


Winning stocks dominated price movements in trading on the Jamaica Stock Exchange Main Market on Tuesday, with trading in 58 securities down from 64 on Monday, with prices of 23 stocks rising, 17 declining and 18 ending unchanged resulting from an 84 percent decline in the volume of stocks traded with the value dropping 65 percent lower than on Monday.

The market closed with 5,438,609 shares trading for $43,671,309 down from 34,121,468 stock units valued at $124,264,644 on Monday.
Trading averaged 93,769 shares at $752,954 versus 533,148 stocks at $1,941,635 on Monday and month to date, an average of 291,474 units at $1,463,004 from 387,032 shares at $1,806,195 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 1.44 million shares for 26.4 percent of total volume followed by Sagicor Select Financial Fund with 1.41 million units for 25.9 percent of the day’s trade and QWI Investments with 807,877 stock units for 14.9 percent market share.
The All Jamaican Composite Index advanced 559.86 points to conclude trading at 365,474.29, the JSE Main Index rallied 769.19 points to wrap up trading at 318,514.37 and the JSE Financial Index slipped 0.14 points to end at 66.01. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and nine with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Berger Paints slipped 85 cents to end at $6.97 with an exchange of just 500 stock units, Eppley popped $1 in closing at $35 after a mere 5 shares passed through the market, Eppley Caribbean Property Fund rallied 40 cents to $41.55 with a transfer of just 107 units. First Rock Real Estate sank 45 cents to finish at $10 with 452 stocks crossing the exchange, Guardian Holdings lost $3 and ended at $312 with traders dealing in 386 units, Jamaica Producers dropped 85 cents to close at $21.12 with 509 stocks clearing the market. Kingston Properties increased 55 cents to close at a 52 weeks, high of $10 with investors trading 909 shares, Margaritaville sank 80 cents to end at $14.50 after a transfer of 754 stock units,  Massy Holdings climbed $2 in closing at $80 following 7,065 shares crossing the market. Mayberry Group skidded 49 cents to finish at $7.41 in an exchange of 13,110 stock units, Proven Investments rose 97 cents and ended at $19.97 trading 14,684 stocks and Sygnus Real Estate Finance gained 69 cents to close at $11.50 in an exchange of 159 stock units.

In the preference segment, Jamaica Public Service 7% advanced 63 cents to $44.90 with investors swapping 452 shares and 138 Student Living preference share fell $2 to $210 after closing with an exchange of just 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on Jamaica Stock Exchange


Trading on the Jamaica Stock Exchange ended on Tuesday with a drop in the volume of stocks traded, with a value falling sharply from Monday, resulting in prices of 43 shares rising, 37 declining and 29 remaining firm with all three markets closing moderately higher.

At the close of trading the JSE Combined Market Index climbed 813.00 points to close at 331,955.11, the All Jamaican Composite Index popped 559.86 points to 365,474.29, the JSE Main Index rallied 769.19 points to 318,514.37, the Junior Market Index rallied 10.80 points to 3,816.23, and the JSE USD Market Index increased 2.58 points to finish at 237.15.
At the close of trading, 12,762,860 shares were exchanged in all three markets, down from 39,850,132 units on Monday, with the value of stocks traded on the Junior and Main markets dropping to just $55.09 million, well below $134.92 million on the previous day and the JSE USD market closed with an exchange of 49,694 shares for US$9,736 compared to 225,466 units at US$8,422 on Monday.
In Main Market activity, Transjamaican Highway led trading with 1.44 million stocks followed by Sagicor Select Financial Fund with 1.41 million shares and QWI Investments with 807,877 units.
In Junior Market trading, Image Plus led trading with 3.20 million stocks followed by MFS Capital Partners with 1.44 million shares and Everything Fresh with 821,345 units.
In the preference segment, 138 Student Living preference share lost $2 to end at $210.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 based on projected earnings and 21.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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

Trading surged on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 177 percent as Transjamaican Highway dominated trading with the trading ending with a 34 percent higher value than on Friday, with trading in 64 securities up from 56 on Friday, with prices of 24 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $75, 27 declined and 13 ended unchanged.

The market closed with 34,121,468 shares trading for $124,264,644 up from just 12,322,346 stock units at $92,478,739 on Friday.
Trading averaged 533,148 shares at $1,941,635 compared to 220,042 stocks at $1,651,406 on Friday and month to date, an average of 387,032 stock units at $1,806,195 compared with October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 29.52 million shares for 86.5 percent of total volume followed by Sagicor Select Financial Fund with 1.78 million units for 5.2 percent of the day’s trade and Wigton Energy with 910,857 stock units for 2.7 percent market share.
The All Jamaican Composite Index declined 524.20 points to close at 364,914.43, the JSE Main Index advanced 150.93 points to end at 317,745.18 and the JSE Financial Index rose 0.17 points to close trading at 66.15. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 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.
At the close, Carreras rallied 50 cents in closing at $11.50 after 219,637 stock units passed through the market, Eppley shed $3.44 to end at $34 with investors swapping 503 shares, Jamaica Broilers sank $2.17 to end at $36 following 49,789 units crossing the exchange. Jamaica Producers rose 97 cents and ended at $21.97 with traders dealing in 18,426 stocks, MPC Caribbean Clean Energy advanced $6.30 to finish at $84.30 with a mere 3 shares crossing the market, Proven Investments lost $1 to close at $19 with investors trading 9,173 stocks. Scotia Group popped 50 cents to $45.50 in switching ownership of 19,614 units, Sterling Investments dropped 52 cents in closing at $2.26 with investors dealing in 34,556 stock units and Sygnus Real Estate Finance sank 69 cents to close at $10.81 with a transfer of 583 shares.

In the preference segment, Eppley 7.25% preference share gained $3.39 and ended at $19.90 after investors ended trading of 15,000 units, Eppley 7.50% preference share climbed 40 cents to end at $6.40 with an exchange of 3,405 stocks, Jamaica Public Service 7% increased $4.17 to finish at $44.27 with 15 stock units changing hands and 138 Student Living preference share declined $38 and ended at $212 after a transfer of 7 shares.

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

Trading jumps on Jamaica Stock Exchange


Trading picked up Bly on Monday with an exchange of 39,850,132 shares in all three markets, up from 17,595,083 units on Friday, with the value of stocks traded on the Junior and Main markets amounting to $134.92 million, well up on $101.15 million on the previous trading day as the JSE USD market closed with an exchange of 225,466 shares for US$8,422 up from 44,023 units at US$2,193 on Friday.

In activity on Monday on the Main Market, Transjamaican Highway led trading with 29.52 million  stock units followed by Sagicor Select Financial Fund with 1.78 million shares and Wigton Energy with 910,857 units
In Junior Market trading, EduFocal was the leading traded shares with 883,939 stock units followed by Dolla Financial with 582,700 shares and Spur Tree Spices with 501,299 stock units.
In the preference segment, Eppley 7.25% preference share gained $3.39 to finish at $19.90, Jamaica Public Service 7% rose $4.17 and ended at $44.27 and 138 Student Living preference share lost $38 to close at $212.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.1 based on 2024-25 projected earnings and 21.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. 

The PE ratio chart covers all ordinary shares 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 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.

Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making. The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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. 

Caribbean Assurance biggest ICTOP10 mover


Stocks gained by 3 percent in value on the Jamaica Stock Exchange at the close of the week with the the All Jamaica Composite Index rising over 10,417 points and the Junior Market rising by 106 points as 6 stocks in the Junior Market TOP10 rose with 4 falling by 7 percent or less while in the Main Market TOP10 only three stocks gained by 5 percent or less while 4 declined by 11 percent and less.

Guardian Holdings continues to hold on to the number one buy position by a wide margin, in all markets as well as the All JSE TOP10. Caribbean Cream holds the number one spot in the Junior Market followed by Elite Diagnostic, last weeks’ number three holder. The All JSE TOP10 is compiled from all ordinary stocks listed on the Jamaica Stock Exchange with the highest potential to gain, based on projected 2024 earnings. This list is more exact than the Junior and Main Market TOP10 lists.
In the Junior Market ICTOP10, Caribbean Assurance Brokers rose 17 percent to close at a $3.57, as it continues to bob and weave between the low and high $3 range, followed by Lasco Financial with a 16 percent gain to $1.85 and Caribbean Cream added 9 percent to close the week at $3.44, with supply overhang at $3.45 holding it back along with minimal buying interest currently. tTech and One great Studio fell 7 percent to $2.14 and 65 cents respectively.
In the Main Market ICTOP10, JMMB Group popped 5 percent to $23.91. Key Insurance suffered an 11 percent drop, to close at $2.24 and Pulse Investments lost 8 percent to end at $1.60.
Lasco Financial fell out of the Junior Market IC TOP10 and is replaced by Iron Rock Insurance that returns after a one week absence. There were no changes to JSE Main Market ICTOP 10.
The average PE for the JSE Main Market ICTOP 10 stands at 5.2, well below the market average of 14.5 and the Junior Market TOP10 sits at 6.8, just more than half of the market, with an average of 12.3
The Main Market ICTOP10 is projected to gain an average of 297 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve 207 percent over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market have PEs between 15 to 108, with an average of 29 and 21 excluding the highest PE ratios, and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, 27 percent of the market, with PEs ranging from 15 to 25 with an average of PE of 17 and a PE of 16 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. 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.

3% rally for JSE Main Market for week


New yearly highs in individual stocks helping to market in gaining 3 percent in value for the week greeted the new month of November at the close of trading on the Jamaica Stock Exchange Main Market on Friday as the market was pushed higher for two consecutive days even as the volume and the value of stocks traded declining by 55 percent and 42 percent respectively compared to trading on Thursday, with activities in 56securities compared with61on Thursday, with prices of 28stocks rising, 15 declining and 13 ending unchanged.

The market closed with 12,322,346 shares being traded with a value of $92,478,739 down from 27,500,921 stocks amounting to  $159,469,871 on Thursday.
Trading averaged 220,042 shares at $1,651,406 compared to 450,835 stocks at $2,614,260 on Thursday and October with an average of 205,025 stock units at $2,311,672.
QWI Investments led trading with 2.93 million shares for 23.8 percent of the total volume followed by Transjamaican Highway with 1.63 million stocks for 13.2 percent of the day’s trade, Radio Jamaica with 1.37 million stock units for 11.2 percent market share, Sagicor Select Financial Fund with 1.22 million units for 9.9 percent market share and Jamaica Producers with 1.17 million shares for 9.5 percent of total volume.
The All Jamaican Composite Index climbed 1,703.81 points to end at 365,438.63, the JSE Main Index advanced 2,601.00 points to end the day at 317,594.25 and the JSE Financial Index slipped 0.18 points to 65.98. The Investor’s Choice bid-offer indicator shows seven 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 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activities, Berger Paints climbed 46 cents to finish at $8 in an exchange of 925 shares, Caribbean Cement rose 95 cents and ended at 52 weeks high of $74.95 with 2,373 stocks being traded, Guardian Holdings  gained $1 to $315 after a transfer of  1,199 shares. Jamaica Broilers popped $1.19 to end at $38.17 in switching ownership of 424,500 stock units, Jamaica Producers dipped 97 cents in closing at $21 as investors exchanged 1,170,000 shares, Key Insurance fell 40 cents to end at $2.24 with 12,406 units changing hands. Kingston Wharves gained 47 cents to $28.47 with an exchange of 579 stocks, Lasco Manufacturing advanced 52 cents to close at a 52 weeks’ high of $8 after the hitting an intraday high of $9 with 177,269 stock units crossing the market. 

The move was a results of a sharp decline in the volume of stocks on offer over the past several weeks. Massy Holdings rallied $4.95 and ended at $78 with traders dealing in 100,104 shares, NCB Financial slipped 74 cents to end at $52 with 22,706 units crossing the exchange, Proven Investments sank 50 cents in closing at $20 with investors dealing in 111,449 stocks, Scotia Group dropped 50 cents to finish at $45 and closed with 76,631 stock units changing hands. Seprod sank $1.45 to $84.55 in trading 37 shares. Sterling Investments increased 49 cents to close at a 52 weeks’ high of $2.78 after an exchange of 397,156 units and Sygnus Real Estate Finance popped $1.05 and ended at $11.50 with a transfer of 48,324 stocks.

In the preference segment, Eppley 7.25%preference share declined $3.09 in closing at $16.51 after an exchange of 1,000 stock units and Jamaica Public Service 9.5% rallied $209.99 to end at $2,899.99 with investors trading just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


 


 

JSE Main Market stocks jump Junior Market falters


Trading ended on Friday on the Jamaica Stock Exchange with a sharp drop in the volume and the value of stocks being exchanges compared to Thursday, resulting in gains in the Main Market and the JSE USD Market indices, with the Junior Market’s closing lower. At the close  of market activities  prices of 45 shares rose including Lasco Manufacturing that traded at an intraday 52 weeks’ high of $9, prices of 34 declined and 24 remained firm.

At the close of the market, the JSE Combined Market Index advanced 2,348.48 points to 330,905.57, the All Jamaican Composite Index rallied 1,703.81 points to end  at 365,438.63, the JSE Main Index climbed 2,601.00 points to close at 317,594.25, the Junior Market Index slipped 19.29 points to 3,792.59, and the JSE USD Market Index popped 0.06 points to settle at 236.24.
At the close of trading, 16,768,098 shares were exchanged in all three markets, down from 48,553,846 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $83.79 million, well off from the $202.88 million on the previous trading day and the JSE USD market closed with an exchange of 44,023 shares for US$2,193 down sharply from 555,546 units at US$14,136 on Thursday.
In Main Market activity, QWI Investments led trading with 2.93 million stocks followed by Transjamaican Highway with 1.63 million shares and Radio Jamaica with 1.37 million units.
In Junior Market trading, ONE on ONE Educational led trading with 1.50 million stocks followed by JFP Ltd with 1.32 million shares and Fosrich with 543,515 units.
In the preference segment, Eppley 7.25% preference share declined $3.09 in closing at $16.51 with investors swapping 1,000 units, Jamaica Public Service 9.5% gained $209.99 to close at $2,899.99.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 earnings and 21.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated data to help decision-making. The PE chart covers all ordinary shares 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 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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

Gains for JSE Main Market


The Jamaica Stock Exchange Main Market ended on Thursday, with gains in major market indices following trading in 61 securities down from 63 on Wednesday, with prices of 21 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $74. Prices of 21 stocks declined, 19 ended unchanged resulting in the volume of stocks traded declining 12 percent and the value 72 percent lower than on Wednesday. The market closed with 27,500,921 shares trading for $159,469,871 compared to 31,085,446 stocks at $577,400,450 on Wednesday.

Trading averaged 450,835 shares at $2,614,260 compared to 493,420 stocks at $9,165,087 and month to date, an average of 205,025 units at $2,311,672 compared with 192,962 shares at $2,296,822 on the prior day and September  that averaged 592,167 stock units at $8,859,784.

Sagicor Select Financial Fund led trading with 6.73 million shares for 24.5 percent of total volume followed by Transjamaican Highway with 6.40 million stock units for 23.3 percent of the day’s trade, Wigton Windfarm with 6.23 million stock units for 22.6 percent market share and Radio Jamaica with 2.29 million shares for 8.3 percent of total volume.

The All Jamaican Composite Index climbed 3,211.53 points to end trading at 363,734.82, the JSE Main Index gained 2,216.56 points to finish at 314,993.25 and the JSE Financial Index popped 0.77 points to conclude trading at 66.16. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 1.46. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Caribbean Cement climbed $1.52 and ended at a 52 weeks; high of $74 with investors trading 724,184 stocks, Eppley popped $4.44 to $37.44 in an exchange of 69 units, Eppley Caribbean Property Fund fell 40 cents to finish at $41.15 after one share was traded. General Accident rallied 80 cents in closing at $6.80 after an exchange of 1,411 stock units, GraceKennedy increased 70 cents to close at $74 with investors dealing in 294,785 shares, Guardian Holdings gained $9 to end at $314 with 177 stocks clearing the market. Jamaica Broilers rose $1.98 in closing at $36.98 with trading of 29,321 stock units, Kingston Wharves advanced $2.50 to $28 after a transfer of 6,566 stocks, Massy Holdings sank 95 cents to end at $73.05 after 224 shares passed through the market. MPC Caribbean Clean Energy popped $1.50 and ended at $78 with a transfer of 110 stock units, NCB Financial rallied $1.04 to close at $52.74 with 70,105 units changing hands, Proven Investments climbed 50 cents to finish at $20.50 as investors exchanged 47,031 stocks. Sagicor Real Estate Fund rose 75 cents and ended at $8.50 in trading 864,708 shares, Salada Foods dipped 40 cents to $3.15 after an exchange of 24,502 stocks, Scotia Group rallied 50 cents in closing at $45.50 with an exchange of 27,625 units and Seprod gained $3 to close at $86 with 44,658 stock units crossing the exchange.

In the preference segment, Eppley 7.50% preference share sank 99 cents to end at $5.61 with investors swapping 112 shares and 138 Student Living preference share advanced $38 to finish at $250 with an exchange of 242 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 

Month-end Jamaica Stock Exchange gains



The Jamaica Stock Exchange markets all recorded gains on Thursday to close out October, with both the Main and the USD Markets rising ahead of the close and the Junior Market marginally below with two minutes to go ahead of the close. All the Junior Market gains came in the final two minutes of trading while the JSE Main Market index garnered 18 percent of the days rally in the final two minutes and the JSE USD market had 66 percent of it gains in the same time frame, resulting in prices of 46 shares rising, 40 declining and 26 remaining firm.
At the close of trading the JSE Combined Market Index rose 2,404.81 points to 328,557.09, the All Jamaican Composite Index gained 3,211.53 points to conclude trading at 363,734.82, the JSE Main Index climbed 2,216.56 points to 314,993.25, the Junior Market Index is up 39.75 points to end the day at 3,811.88 and the JSE USD Market Index popped 11.11 points to close at 236.18.
At the close of trading, 48,553,846 shares were exchanged in all three markets, up from 46,637,796 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $202.88 million, well below $608.42 million on the previous trading day and the JSE USD market closed with an exchange of 555,546 shares for US$14,136 compared to 227,093 units at US$10,758 on Wednesday.
In Main Market activity, Sagicor Select Financial Fund led trading with 6.73 million stocks followed by Transjamaican Highway with 6.40 million shares and Wigton Windfarm with 6.23 million units.
In Junior Market trading, Derrimon Trading led trading with 3.96 million shares followed by Fosrich with 3.88 million shares and Jamaican Teas with 2.0 million units.
In the preference segment, 138 Student Living preference share popped $38 to $250 with traders dealing in 242 units.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.1 based on 2024-25 projected earnings and 21.1 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares 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 2023 and 2024 actual or projected earnings, excluding any major time income or expenses.
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 average for the sector, 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.