Trading delivered a 49 percent surge in the volume of stocks traded on Wednesday with a mere 6 percent higher value than on Tuesday, with JPS 9.5% preferred shares accounting for 45 percent of the value traded on the Jamaica Stock Exchange Main Market, following activities in 63 securities down from 64 on Tuesday, with prices of 19 rising, 27 declining and 17 ending unchanged.
The market closed with trading of 31,085,446 shares with a value of 577,400,450 compared to 20,801,626 stocks at $546,832,127 on Tuesday.
Trading ended with an average of 493,420 shares at $9,165,087 up from 325,025 stocks at $8,544,252 on Tuesday and for the month to date, an average of 192,962 units at $2,296,822 from 176,921 shares at $1,930,127 on the previous day and well below September with an average of 592,167 stock units at $8,859,784 each.
Sagicor Select Financial Fund led trading with 11.31 million shares for 36.4 percent of total volume followed by Wigton Windfarm with 3.41 million stocks for 11 percent of the day’s trade, Kingston Wharves closed with 2.59 million units for 8.3 percent market share, Transjamaican Highway ended with 2.55 million shares for 8.2 percent market share, Jamaica Producers finished with 2.41 million stock units for 7.7 percent market share and Sterling Investments with 1.91 million units for 6.2 percent of total volume.
The All Jamaican Composite Index dropped 1,773.41 points to wrap up trading at 360,523.29, the JSE Main Index sank 1,652.50 points to end at 312,776.69 and the JSE Financial Index slipped 0.52 points to finish at 65.39. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments advanced 95 cents to finish at $75.95 after 5,124 shares passed through the market, Caribbean Cement rose 48 cents and ended at $72.48 after an exchange of 13,659 stocks, Eppley shed $4.44 to $33 after trading 143 shares. General Accident sank 79 cents to end at $6 with 2,132 stock units crossing the exchange,
GraceKennedy skidded 65 cents in closing at $73.30 with 225,867 shares changing hands, Guardian Holdings sank $9 to close at $305 with investors trading 710 units. Jamaica Broilers declined $1.99 to $35 with 930,147 stocks clearing the market, Kingston Wharves lost $2.35 to finish at $25.50 in an exchange of 2,591,500 stock units, Massy Holdings dropped $3 and ended at $74 with investors swapping 6,046 shares. 138 Student Living gained 55 cents to end at $4.55 with an exchange of 40,031 stock units, Pan Jamaica popped 50 cents in closing at $49.50 with 450,465 stock units crossing the market, Proven Investments rallied $1.25 to close at $20 as investors exchanged 52,132 units and Scotia Group fell 50 cents to $45 and closed with an exchange of 589,834 shares.
In the preference segment, Eppley 7.25% preference share increased 60 cents to close at $19.60 with investors dealing in 350,000 units, Jamaica Public Service 7% slipped $4.89 in closing at $40.11 after an exchange of 12 stocks and 138 Student Living preference share climbed $12.26 and ended at $212 with a transfer of 201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index dropped 1,451.15 points to 326,152.28, the All Jamaican Composite Index sank 1,773.41 points to 360,523.29, the JSE Main Index dived 1,652.50 points to settle at 312,776.69, the Junior Market Index popped 17.95 points to settle at 3,772.13, and the JSE USD Market Index shed 2.42 points to close at 225.07.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.1 for 2024-25 and 21.1 for 2023-24 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 on the Jamaica Stock Exchange, grouped on an industry basis, 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 market closed with 20,801,626 shares being traded at $546,832,127 compared with 21,633,014 stocks at $212,763,504 on Monday.
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 forecasted by the ICInsider.com for companies with the financial year ending around August 2025.
Mayberry Jamaican Equities gained $1.14 and ended at $10.14 in an exchange of 40,470 shares. MPC Caribbean Clean Energy popped $1.50 to end at $76.50 with a mere one stock crossing the market, NCB Financial sank $1.14 to finish at $51.61 with a transfer of 9,260,670 units, Pan Jamaica gained $1.70 to close at $49 as investors exchanged 221,766 stock units. Proven Investments rose $1.75 to $18.75 with 502,035 shares changing hands and Supreme Ventures popped 40 cents to close at $21.90 with investors trading 50,111 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index jumped 3,661.36 points to 327,603.43, the All Jamaican Composite Index rallied 3,524.53 points to wrap up trading at 362,296.70, as the JSE Main Index jumped 3,581.63 points to 314,429.19, the Junior Market Index gained 32.97 points to 3,754.18, and the JSE USD Market Index rallied 3.80 points to wrap-up trading at 227.49.
In the preference segment, Jamaica Public Service 7% skidded 98 cents to finish at $45.
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.
The market closed with 21,633,014 shares trading for $212,763,504 well above the 7,336,905 stock units at $89,342,295 on Friday.
The Main Market ended trading with an average PE Ratio of 14.2. 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.
Mayberry Group dropped 53 cents to end at $7.47 after 121,061 shares passed through the market, NCB Financial rallied 94 cents in closing at $52.75 with investors swapping 795,178 stocks, Pan Jamaica shed 48 cents to close at $47.30 with 103,686 stocks crossing the market. Proven Investments gained 67 cents to $17 with traders dealing in 23,986 shares, Sagicor Group climbed $1.20 to $40.20 as investors exchanged 589,522 units, Sagicor Real Estate Fund climbed 51 cents and ended at $7.87 in trading 501 stocks. Scotia Group increased $1.10 to end at $45.50 after a transfer of 76,327 stock units, Supreme Ventures sank 50 cents in closing at $21.50 with investors dealing in 167,027 shares, Sygnus Credit Investments popped 45 cents to close at $11.79 after 3,048 stocks passed through the market and Wisynco Group gained 45 cents to $21.45 with an exchange of 1,065,613 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading the JSE Combined Market Index rose 3,011.68 points to 323,942.07, the All Jamaican Composite Index rallied 3,750.99 points to 358,772.17, as the JSE Main Index popped 2,888.42 points to close at 310,847.56, the Junior Market Index popped 34.80 points to 3,721.21 and the JSE USD Market Index fell 2.76 points to 223.69.
In Junior Market trading, JFP Ltd led trading with 8.02 million stocks followed by Derrimon Trading with 2.18 million shares and Jamaican Teas with 1.01 million units.
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.
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, Iron Rock Insurance rose an impressive 31 percent to close at a 52 weeks’ high of $4.80 and moved out of the TOP10. AMG Packaging gained 10 percent to $3.13 and tTech climbed 9 percent to $2.30. Caribbean Assurance Brokers fell 15 percent to $3.06,with very limited buying interest currently, Caribbean Cream shed 8 percent to close the week at an even more enticing price than last weeks’ $3.45 to end at $3.17 and Elite Diagnostic lost 4 percent to close at $2.30.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market have PEs between 15 to 108, with an average of 28 and 20 excluding the highest PE ratios, and a PE of 23 for the top half of the market with the highest values and 17 excluding the stocks with overweight values.
The market closed with 7,336,905 shares trading for $89,342,295 ,up from 4,696,332 units valued at $82,080,955 on Thursday.
The Investor’s Choice bid-offer indicator closed with a fairly balanced position, with eight stocks endi9ng with bids higher than their last selling prices and six with lower offers.
Guardian Holdings rebounded with a rise of $14 to $315 after an exchange of 12,365 stocks, after the stock hit an intraday 52 weeks’ low of $270, Jamaica Broilers popped $2.68 in closing at $37.98 in trading 26,859 units and now seems poised to break away for the mid to low $30 price range, Jamaica Producers advanced 72 cents and ended at $20.75 after an exchange of 510 shares. JMMB Group climbed $1.57 to finish at $22.78 trading 29,072 stock units, Massy Holdings rose $2 to end at $77 with 6,874 units crossing the exchange, Sagicor Real Estate Fund fell 51 cents to close at $7.36 after a transfer of 115 stocks. Scotia Group slipped 75 cents to $44.40 with a solid volume of 487,496 shares crossing the market and Sygnus Real Estate Finance climbed 64 cents and ended at $10.65 as investors exchanged 54 stock units.
In the preference segment, Jamaica Public Service 7% increased $5.99 to finish at $45.99 with 112 stocks clearing the market.
rket Index rallied 534.09 points to wrap up trading at 320,930.39, while the All Jamaican Composite Index fell 1,387.15 points to close at 355,021.18, the JSE Main Index climbed 619.24 points to settle at 307,959.14, the Junior Market Index shed 8.07 points to conclude trading at 3,686.41 and the JSE USD Market Index popped 0.86 points higher to end at 226.45.
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 EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one time income or expense.
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.
The Main Market ended trading with an average PE Ratio of 14.1.The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Mayberry Group
In the preference segment, Jamaica Public Service 7% sank $5.99 to finish at $40 with 285 stocks clearing the market and Sygnus Credit Investments C10.5% declined 40 cents and ended at $104.60 with investors trading 1,017 units.