Rising stocks just edged out those declining at the close of trading on the Jamaica Stock Exchange Main Market on Wednesday, following trading in 55 securities down from 58 on Tuesday, with prices of 24 stocks rising, 23 declining and eight ending unchanged.
The market closed with a 40 percent increase in the volume of shares trading to 9,539,890 units for $64,529,225 compared with 6,821,943 units at $67,725,820 on Tuesday.
Trading averaged 173,453 shares at $1,173,259 compared with 117,620 units at $1,167,687 on Tuesday and month to date, an average of 240,217 units at $1,707,627 compared with 245,441 units at $1,749,434 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Sagicor Select Financial Fund led trading with 3.24 million shares for 34 percent of total volume followed by JMMB Group with 1.26 million units for 13.2 percent of the day’s trade and Wigton Windfarm with 949,260 stocks for 10 percent market share.
The All Jamaican Composite Index slipped 1,016.07 points to close at 352,471.96, the JSE Main Index lost 1,265.04 points to end at 316,410.32 and the JSE Financial Index dropped 0.05 points to end trading at 66.76.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints climbed 84 cents to $9.29 with investors trading a mere 107 shares, Caribbean Cement rose $2.15 to end at $63.90 after an exchange of 10,719 stock units, Eppley Caribbean Property Fund rallied $1.50 to $42 with 2,932 stocks changing hands. GraceKennedy popped $2.33 in closing at $76.40 with traders dealing in 12,628 units, Jamaica Broilers slipped 90 cents to $32.10, with 10,651 stocks crossing the market, Jamaica Stock Exchange gained 92 cents to finish at $10.50 after a transfer of 3,971 units. JMMB Group sank $1.09 and ended at a 52 weeks’ closing low of $23.01 with investors dealing in 1,259,499 shares, following the release of poor full year results from ongoing earnings, Kingston Wharves rallied $1.74 to $25.75 with 159,093 stock units clearing the market, Massy Holdings increased $6.98 in closing at $87 as investors exchanged 466 shares.
MPC Caribbean Clean Energy dipped 68 cents to close at $108.44 with a transfer of 12 stocks, Pan Jamaica popped $3.11 to finish at $49.97 after investors ended trading 50 units, Sagicor Group fell $1 to end at $40 after an exchange of 4,505 stock units. Scotia Group increased $2.04 in closing at $44.75 in trading 209,976 shares, Seprod climbed $1 to $79.50, with 41 units crossing the exchange, Sygnus Credit Investments declined 78 cents and ended at $10.46 with investors swapping 9,318 stocks and Sygnus Real Estate Finance rose $1.18 to close at $10.69 in an exchange of 3,288 stock units.
In the preference segment, Eppley 7.50% preference share shed $1 to end at $5.50 after 8,349 shares passed through the market, Jamaica Public Service 7% advanced $1 to finish at $46 in switching ownership of 91 stocks and Productive Business Solutions 10.5% preference share dropped $50.03 to $1,050 with 2,116 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 105,065 shares for US$5,087 compared to 184,675 units at US$7,820 on Tuesday.
At the close, MPC Caribbean Clean Energy rallied 3 cents to end at 64 US cents with an exchange of 10 units, Proven Investments remained at 13 US cents with 27,774 stocks crossing the market, Sterling Investments rose 0.13 of a cent to finish at 1.59 US cents as investors exchanged 999 shares and Transjamaican Highway popped 0.05 of a cent and ended at 2 US cents with a transfer of 76,282 stock units.
The market closed with an exchange of 184,675 shares for US$7,820 compared to 533,385 units at US$13,379 on Monday.
Proven Investments remained at 13 US cents with investors trading 1,993 stock units, Sterling Investments fell 0.14 of a cent to 1.46 US cents with trading of 11,000 shares and Transjamaican Highway slipped 0.05 of a cent to close at 1.95 US cents in trading 151,584 stock units.
The market closed on Tuesday with 6,821,943 shares being traded for $67,725,820 compared to 12,757,709 units at $210,277,244 on Monday.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Jamaica Broilers rose $1 to end at $33, after 4,119 stock units passed through the market, Jamaica Stock Exchange shed $1.12 in closing at $9.58 with an exchange of 59,135 stocks, JMMB Group dropped 40 cents to close at $24.10 with 98,605 units changing hands. Kingston Wharves declined $1.99 to $24.01 as investors exchanged 4,612 stocks, Lasco Manufacturing slipped 67 cents in closing at $6.27, with 112,085 units crossing the market, Margaritaville climbed $1.67 and ended at $16.22 with investors swapping 1,000 shares. Massy Holdings lost $4.98 to finish at $80.02 with 10,592 stock units clearing the market, NCB Financial slipped $1.09 to close at $57.91 with investors dealing in 404,189 shares, Pan Jamaica fell $2.14 to end at $46.86 after an exchange of 34,040 stocks. Proven Investments gained 43 cents in closing at $20 with investors trading 304 units, Sagicor Group popped 50 cents to $41 in an exchange of 44,066 stock units, Sagicor Real Estate Fund dropped 52 cents to close at $7.51 with traders dealing in 183,621 shares.
Scotia Group shed $1.59 to end at $42.71 after a transfer of 12,278 units, Seprod declined $1 and ended at $78.50 in trading 2,800 stocks, Sygnus Credit Investments climbed 64 cents to finish at $11.24 after an exchange of 1,461,969 stock units and Sygnus Real Estate Finance sank 94 cents and ended at $9.51 in trading 7,223 shares,
At the close of the market, the JSE Combined Market Index declined 166.40 points to close at 329,996.13, the All Jamaican Composite Index dipped 2,008.17 points to conclude trading at 353,488.03, the JSE Main Index popped some 304.05 points to 317,675.36. The Junior Market Index dropped 64.59 points to 3,654.37 and the JSE USD Market Index dipped 0.93 points to conclude trading at 218.98.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.9 on 2023-24 earnings and 13.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Trading closed with with an exchange of 12,757,709 shares at $210,277,244 compared to 19,405,288 stock units at $149,548,238 on Friday.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
NCB Financial gained $1.35 to end at $59 in an exchange of 3,042,477 stocks, Proven Investments popped 96 cents to close at $19.57 crossing the market 56,275 stock units. Sagicor Group gained 50 cents to $40.50 with investors swapping 10,212 shares, Scotia Group rose 84 cents to end at $44.30 crossing the exchange 39,530 units, Seprod fell 49 cents in closing at $79.50 in trading 9,063 stocks. Stanley Motta declined 88 cents to finish at $6.11 closed at 100 stock units, Supreme Ventures advanced 33 cents and ended at $22.85 as investors exchanged 13,377 shares and Sygnus Credit Investments increased 31 cents to close at $10.60 trading 9,477 units.
In the preference segment, Eppley 7.50% preference share shed $1.49 to $5.50 in an exchange of 576 stocks, Jamaica Public Service 7% climbed $3 to end at $48 with traders dealing in 5 stock units, JMMB Group 7.15% – 2028 dropped 48 cents in closing at $2.60, with 66,080 shares changing hands. Productive Business Solutions 10.5% preference share slipped $99.99 to close at $1100 with investors transferring 10 units and Sygnus Credit Investments C10.5% rallied $12.55 and ended at $108 with investors dealing in 1,000 stocks.
Proven Investments ended at 13 US cents with 32,830 shares crossing the market. Sygnus Credit Investments fell 0.4 of a cent in closing at 8 US cents with investors trading 243 stocks, Sygnus Real Estate Finance USD share gained 2.19 cents to end at 10.99 US cents after 87 shares passed through the market and Transjamaican Highway popped 0.08 of a cent to close at 2.09 US cents in an exchange of 200 stocks.
Trading averaged 346,523 shares at $2,670,504 compared with 271,669 units at $2,355,307 on Thursday and month to date, an average of 261,033 units at $1,624,316 compared with 252,000 units at $1,513,776 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and none with a lower offer.
Margaritaville dropped 30 cents in closing at $14.50 after trading of just 5 stocks, Massy Holdings rose $3.75 to finish at $97.75 after 89 shares passed through the market, NCB Financial fell $1.35 to end at $57.65 in trading 61,403 stock units. Pan Jamaica advanced $2.19 in closing at $48.99 after an exchange of 3,619 shares, Proven Investments skidded $1.39 to $18.61with investors clearing the market of 47,204 units, Sagicor Group slipped 30 cents and ended at $40 with an exchange of 35,005 stocks. Scotia Group popped $1.25 to finish at $43.46 with 31,732 stock units crossing the market, Seprod rallied $1.49 to end at $79.99 in an exchange of 3,829 shares, Supreme Ventures shed 48 cents to close at $22.52 with traders dealing in 31,595 stocks and Sygnus Credit Investments fell 49 cents to $10.29 after a transfer of 486,325 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 56 percent more shares with 15,756,830 units changing hands with an 86 percent greater value of $136,607,787 up from 10,130,721 units at $73,404,291 on Wednesday.
The All Jamaican Composite Index rose 2,126.19 points to 356,728.99, the JSE Main Index increased 1,388.74 points to 319,996.09 and the JSE Financial Index popped 0.34 points to settle at 67.27.
JMMB Group shed 41 cents to close at $24.10 in trading of 88,348 stocks, Kingston Properties declined by 40 cents to finish at $8 with 1,306 stocks changing hands, Lasco Manufacturing popped 55 cents and ended at a 52 weeks’ high of $7, with investors trading 440,062 shares. MPC Caribbean Clean Energy rose $14.30 to close at $109.30 in an exchange of 65 units, NCB Financial rallied $1.50 in closing at $59 after 45,720 stocks passed through the market, Pan Jamaica fell $2.70 to end at $46.80 with traders dealing in 600 stock units. Scotia Group dipped $1.25 in closing at $42.21 after a transfer of 549,676 shares and Seprod skidded $1.25 to $78.50, with 103,203 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 75,761 shares for US$14,761 compared to 89,247 units at US$3,105 on Tuesday.
At the close, First Rock Real Estate USD share slipped 0.65 of one cent to end at 4.09 US cents with traders dealing in 1,490 units, Proven Investments fell 0.08 of a cent to 13 US cents with 8,854 stocks clearing the market and Transjamaican Highway rallied 0.08 of a cent to 2.1 US cents after investors ended trading 55,561 shares.