Declining stocks outnumbered winners 3-to-2 on the Jamaica Stock Exchange Main Market on Friday, with trading in 59 securities, similar to Thursday, with 19 stocks rising, 31 declining, and nine unchanged. Trading volume fell 22 percent, though the value was slightly higher than Thursday.
The market closed with 12,119,774 shares trading for $114,939,495, compared with 15,606,900 stock units at $112,807,911 on Thursday.
Trading ended with an average of 205,420 shares worth $1,948,127 compared to 264,524 stock units at $1,911,998 on Thursday. Trading for the month to date ended with an average of 229,051 units at $2,379,588, down moderately from 233,000 shares at $2,451,702 the previous day, with an average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 2.82 million shares for 23.3 percent of total volume, followed by Wigton Energy with 2.08 million stocks for 17.1 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.81 million shares for 14.9 percent of the volume traded and Jamaica Broilers with 1.30 million units for 10.7 percent of market share.
The All Jamaican Composite Index dropped 1,336.87 points to 462,726.28, the JSE Main Index gained 142.95 points to settle at 386,033.03 and the JSE Financial Index slipped 0.14 points to 76.07. At the close, the Investor’s Choice bid-offer indicator shows nine 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 15.8. ICInsider.com compiles the JSE Main Market PE ratios. These are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden rose 44 cents to $17.44, following trading of 44,363 stocks, Barita Investments fell $1.50 to $73.50, with ownership switching for 1,212 shares, Caribbean Cement rose 70 cents to end at $114, with 18,466 shares changing owners. First Rock Real Estate increased by $1.30 to end at $7.30, with investors dealing in 49,987 units, GraceKennedy fell $1.05 to close at $89.95, with 11,417 stocks crossing the market, Guardian Holdings climbed $16.50 to close at $377 in an exchange of 12,540 units. Massy Holdings dipped $3.95 to $75 with 3,557 shares clearing the market, Mayberry Jamaican Equities rose 72 cents to finish at $8 as investors exchanged 19,804 stock units, NCB Financial lost $2.45 and ended at $71.55 with 122,557 shares passing through the market.
Pan Jamaica slipped $1.79 to close at $44.20, with an exchange of 48,277 stocks, Quantas Advantage shed 40 cents to end at $24, with 23,741 units passing through the market, Sagicor Group gained 60 cents to close at $43.10 after trading of 46,368 stock units. Scotia Group dropped 85 cents to $71.55 with a transfer of 43,882 shares and Sygnus Real Estate Finance rallied 68 cents to finish at $7.90, with investors swapping 1,122 units.
In the preference segment, 138 Student Living preference share increased $18.88 and ended at $228.88 after an exchange of just 2 stocks.Prices of securities trading are those of the last transaction.
At the end of the market activity, the JSE Combined Market Index rallied by 304.23 points to finish trading at 391,414.67, as the All Jamaican Composite Index fell 1,336.87 points to 462,726.28, the JSE Main Index popped 142.95 points to 386,033.03, the Junior Market Index rallied 23.34 points to close at 3,108.68 and the JSE USD Market Index declined 3.99 points to finish at 279.79.
Among the top losers, Massy Holdings fell $3.95 to end at $75.00, NCB Financial declined by $2.45 to $71.55, Pan Jamaica dropped $1.79 to close at $44.20, Barita Investments fell $1.50 to $73.50 and GraceKennedy shed $1.05 to close at $89.95.
At the end of the market activity, the JSE Combined Market Index climbed a mere 51.19 points to finish at 391,110.44, while the All Jamaican Composite Index rose 3,054.91 points to 464,063.15, the JSE Main Index climbed 246.29 points to settle at 385,890.08, the Junior Market Index declined by 25.68 points to 3,085.34 and the JSE USD Market Index rose 1.36 points to 283.78.
Among the losers, Guardian Holdings dipped $16.50 in closing at $360.50, Margaritaville fell by $1.50 to $7.50, Caribbean Cement lost 70 cents and ended at $113.30, Sygnus Real Estate Finance lost 68 cents to finish at $7.22 and Jamaica Stock Exchange slipped 46 cents in closing at $9.21.
The financial services stocks with standout performances include Barita Investments, Mayberry Group, Sagicor Real Estate X Fund, Sagicor Select Funds, First Rock Real Estate, Scotia Group, QWI Investments, Sygnus Real Estate Finance and VM Investments, all among the biggest movers, which points to increased interest in that part of the market.
If ICInsider.com’s projections hold, the week’s weakness would look like a pullback rather than a change of trend. The remaining five forecast names did not appear on either movers list.
On the downside, A.S. Bryden was the weakest performer, declining by 22.13 percent. General Accident Insurance declined 18.89 percent and First Rock Real Estate lost 15.06 percent. JMMB Group shed 11.81 percent, and Sygnus Real Estate Finance slipped by 7.97 percent. Berger Paints eased 7.67 percent, Palace Amusement fell 6.78 percent, Sterling Investments declined 6.63 percent. Jamaica Producers shed 5.59 percent and Transjamaican Highway lost 5.54 percent.
The JSE Combined Market Index popped 4,158.95 points to finish at 391,059.25, with the All Jamaican Composite Index rising 3,974.61 points to close at 461,008.24, the JSE Main Index jumped 4,262.38 points to 385,643.79, the Junior Market Index increased by 11.64 points to 3,111.02 and the JSE USD Market Index shed 1.63 points to finish at 282.42.
Among the top losers, GraceKennedy declined $2.50 to $91.00, AS Bryden fell $1.98 in closing at $17.02, Scotia Group dipped by $1.80 to $72.20, Caribbean Producers lost $1.15 to end at $6.30 and Pan Jamaica shed $1.10 to finish at $43.00.
The market closed with 12,913,449 shares trading for $139,868,128, after rising from 18,731,691 stock units at $242,408,969 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.7. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Jamaica Stock Exchange increased 65 cents and ended at $9.67 with a transfer of 1,682 units. JMMB Group advanced 64 cents to $17.65 with 41,747 stocks passing through the market, Margaritaville fell 65 cents in closing at $9 in trading of a mere one share, NCB Financial popped $2.50 to close at $74 with 59,781 stock units crossing the market. Pan Jamaica shed $1.10 to $43 ollowing a transfer of 648 shares, Proven Investments declined 55 cents to close at $9.30 with 1,701 units changing hands, Sagicor Group dropped 62 cents and ended at $42.28 in an exchange of 85,100 stocks. Scotia Group skidded $1.80 to end at $72.20 after trading of 3,267 stock units and Supreme Ventures increased 91 cents to $19.86 with 522,159 shares clearing the market.
At the end of the market activity, the JSE Combined Market Index fell 4,447.05 points to 386,900.30, the All Jamaican Composite Index declined 3,912.63 points to end at 457,033.63, as the JSE Main Index dropped by 4,738.97 points to 381,381.41, the Junior Market Index rose 11.72 points to conclude trading at 3,099.38 and the JSE USD Market Index rose 1.08 points to end at 284.05.
Among the top losers, Barita Investments slipped $4.09 and ended trading at $69.99, NCB Financial declined by $2.50 to close trading at $71.50, Eppley Caribbean Property Fund shed $2.44 to $40.41, JMMB Group dropped $1.86 to end at $17.01 and Jamaica Producers lost 43 cents to finish at $18.50.
At the end of market activity, the JSE Combined Market Index popped 2,129.40 points to wrap up trading at 391,347.35, the All Jamaican Composite Index rose 783.09 points to 460,946.26, the JSE Main Index rose 2,527.55 points to finish at 386,120.38, the Junior Market Index skidded by 40.04 points to 3,087.66 and the JSE USD Market Index lost 9.51 points to end at 282.97.
Among the top losers, Barita Investments lost $7.92 to end at $74.08, Caribbean Cement slipped $4 to end at $110.00, GraceKennedy fell $1 to finish at $90.00, Guardian Holdings dropped 99 cents and ended at $359.00 and Eppley fell by 59 cents to close at $29.00.
At the end of the market activity, the JSE Combined Market Index skidded 560.06 points to wrap up trading at 389,217.95, the All Jamaican Composite Index popped 1,312.75 points to end at 460,163.17, the JSE Main Index dipped by 932.06 points to close at 383,592.83, the Junior Market Index rose 46.14 points to 3,127.70 and the JSE USD Market Index shed 2.90 points to finish at 292.48.
Among the top losers, Barita Investments shed $1.99 to finish at $82.00, General Accident took a big hit by falling $1.48 to end at $7.00, Sygnus Real Estate Finance skidded $1.28 to $7.27, First Rock Real Estate lost 93 cents to finish at $5.30 and Caribbean Cement declined by 88 cents to end at $114.00.
At the end of the market activity, the JSE Combined Market Index increased 6,576.00 points to end at 390,695.79, the All Jamaican Composite Index enjoyed a big surge of 10,049.00 points to end at 460,707.36, the highest point since May 2022, the JSE Main Index rallied 6,777.05 points to 385,314.47, the highest closing level since June 2022, the Junior Market Index rose 13.40 points to conclude trading at 3,104.25 and the JSE USD Market Index ends at 4.31 points to end at 295.45, up 39 percent for 2026.
Among the losing stocks Eppley Caribbean Property Fund lost $1.73 to close at $41.00, JMMB Group declined by $1.28 to $18.72, Berger Paints fell48 cents to close at $5.25, Quantas Advantage fell 44 cents to finish at $24.55 and Carreras dropped 28 cents and ended at $28.99.