Big trades for Caribbean Producers


Caribbean Producers had 30.4 percent of its float changing ownership on the Main Market of the Jamaica Stock Exchange on Friday as AS Byrden and Sons snapped up 333.4 million shares putting them in control of 75.3 percent of the company pushing trading in the market up by 2,359 percent to 360,771,729 shares with the value surging 1,540 percent to $2,997,444,792 compared with just 14,673,394 stock units at $182,739,456 on Thursday, with trading in 61 securities up from 56 on Thursday, with prices of 25 rising, 22 declining and 14 ending unchanged.

Trading averaged 5,914,291 shares for $49,138,439 up from 262,025 stocks at $3,263,205 on Thursday and month to date, an average of 1,480,131 stocks for $11,669,103 compared with 343,645 shares at $2,065,618 on the previous day and November ending with an average of 286,669 stocks at $2,555,172.
Caribbean Producers the leading stock traded 334.34 million shares for 92.7 percent of the total volume followed by Wigton Energy with 15.03 million stocks for 4.2 percent of the day’s trade, Transjamaican Highway chipped in with 3.15 million units for 0.9 percent market share, Caribbean Cement ended with 1.28 million stock units for 0.4 percent of the market trade, Wisynco Group accounted for 1.15 million shares for 0.3 percent of traded stocks and Kingston Wharves with 1.10 million units for 0.3 percent of total volume.
The All Jamaican Composite Index slipped 406.94 points to end the day at 367,406.71, the JSE Main Index sank 305.65 points to finish at 319,783.16 and the JSE Financial Index fell 0.21 points to finish at 64.57. The Investor’s Choice bid-offer indicator shows 12 stocks ended 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 the market, Barita Investments lost 50 cents and ended at $73.50 as investors exchanged 28,738 stock units, Berger Paints rose 70 cents to $7.73 with 1,414 shares crossing the market, Caribbean Cement gained $3.45 to finish at a 52 weeks’ high of $80 after an exchange of 1,284,008 stocks. GraceKennedy sank 49 cents to end at $77 with traders dealing in 317,559 units, Guardian Holdings declined $2 to $313 with 6,326 shares crossing the market, Jamaica Broilers fell 49 cents to close at $37 with investors dealing in 301,054 stock units, ahead of half year results with the profit dipping 13.5 percent in the latest quarter with taxation jumping 31 percent, with profit down 12.7 percent for the half year. Jamaica Stock Exchange popped $1.14 to $13.48 with 35,424 stocks switching owners,  Kingston Wharves shed 95 cents to close at $31 after a transfer of 1,102,481 units, Scotia Group increased $1.25 to finish at $47.75 with investors ending with trading in 146,814 shares, ahead of full year results next week and with precious limited supply of stocks on offer at the close. Stanley Motta dropped 42 cents and ended at $6.50 in an exchange of 4,700 stock units and Wisynco Group sank 80 cents to end at $21 trading 1,153,869 units.
In the preference segment, Jamaica Public Service 7% climbed $1 to close at $44.50 with an exchange of 100 stock units. Jamaica Public Service 9.5% rallied $55 to $2,755 with just a 1 share traded, 138 Student Living preference share skidded $31.86 to end at $254.19 with investors swapping a mere 6 stocks and Sygnus Credit Investments C10.5% slipped 99 cents to close at $104 with a paltry 4 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady trades on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising a mere 1 percent and the value 165 percent more than on Wednesday, with trading in 56 securities compared with 63 on Wednesday, with prices of 13 stocks rising, 27 declining and 16 ending unchanged.

The market closed after 14,673,394 shares were traded at $182,739,456 compared with 14,504,716 stocks at $68,895,426 on Wednesday.        The average trade amounted to  262,025 stock units at $3,263,205 compared with 230,234 stocks at $1,093,578 on Wednesday and for the month to date, an average of 343,645 stock units at $2,065,618 compared with 368,759 shares at $1,697,130 on the previous day and November ending with an average of 286,669 units at $2,555,172.
Supreme Ventures led trading with 7.05 million shares accounting for 48.1 percent of total volume followed by Transjamaican Highway with 3.55 million stock units for 24.2 percent of the day’s trade and Wigton Energy with 1.48 million units for 10.1 percent of the day’s trade.
The All Jamaican Composite Index shed 1,110.73 points to cease trading at 367,813.65, the JSE Main Index dropped by 718.62 points to close at 320,088.81 and the JSE Financial Index advanced 0.28 points to end the day at 64.78. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and none with a lower offer.

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 of trading, Barita Investments fell $1 to close at $74 in an exchange of 1,138 units, Berger Paints sank 73 cents to $7.03 with 1,615 stocks, clearing the market, Caribbean Cement slipped 45 cents to finish at $76.55 after hitting an intraday 52 weeks’ high of $79.25 and ended with a transfer of 5,378 shares. Eppley Caribbean Property Fund increased $3.65 and ended at $37 trading 99 stock units, Jamaica Stock Exchange sank $2.11 to close at $12.34 after an exchange of 99,274 shares, Kingston Wharves climbed 75 cents to end at $31.95 with 2,997 stock units traded. Massy Holdings rose $1.60 to $80 with 617 stocks traded at the end of the market, Pan Jamaica rallied $1.50 to end at $51.50 with investors dealing in 223 units and Sagicor Group popped 99 cents to close at $37.99 with 2,670 stocks crossing the market.
In the preference segment, Jamaica Public Service 7% declined $1.40 to close at $43.50 as investors exchanged 161 units, 138 Student Living preference share gained $26 to finish at $286.05 with just 12 shares crossing the market and Productive Business Solutions 10.5% preference share shed $86 and ended at $974 with investors trading 159 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market drops on lower volume


Decliners just edged out advancers on the Jamaica Stock Exchange Main Market declined on Wednesday, with the prices of declining stocks outweighing those rising following a 35 percent drop in the volume of stocks traded with a 37 percent lower value than on Tuesday, after trading in 63 securities compared with 59 on Tuesday, with prices of 24 stocks rising, 25 declining and 14 ending unchanged, with the market closing with Jamaica Stock Exchange shares and Caribbean Cement trading at intraday 52 weeks’ high.

The market closed with 14,504,716 shares being traded at $68,895,426 down from 22,368,398 stock units at $108,813,417 on Tuesday.
Trading averaged 230,234 shares at $1,093,578 compared with 379,125 units at $1,844,295 on Tuesday and month to date, an average of 368,759 units at $1,697,130 compared with 442,096 shares at $2,016,657 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy accounted for 43.3 percent of total volume to lead trading with 6.28 million shares followed by Transjamaican Highway with 3.70 million units for 25.5 percent of the day’s trade, with selling pressured buyers and Lasco Manufacturing with 655,784 stock units for 4.5 percent of market share.
The All Jamaican Composite Index sank 1,400.46 points to end the day at 368,924.38, up 0.5 percent year to date, the JSE Main Index slipped 520.23 points to finish at 320,807.43 and the JSE Financial Index declined 0.56 points to close trading at 64.50. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. 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 lost $1.90 to finish at $77 after a transfer of 1,863 stock units and trading at a 52 weeks’ intraday high of $79.19, Caribbean Producers climbed 50 cents to close at $8 with investors swapping 9,342 shares, Eppley Caribbean Property Fund dipped $3.65 to close at $33.35 after an exchange of 90 stocks. Guardian Holdings popped $1 to end at $315 with 2,234 units passing through the market, Jamaica Stock Exchange gained $1.17 to close at a 52 weeks’ high of $14.45 with traders dealing in 201,427 stocks after the stocks traded as high as $15.84, Massy Holdings sank $1.49 and ended at $78.40 with just 94 shares switching owners. Mayberry Jamaican Equities slipped 55 cents to $9.50 with investors dealing in 4,609 stocks, MPC Caribbean Clean Energy sank $13.22 to close at $74.38 with a mere 8 stock units crossing the exchange, NCB Financial dropped 46 cents to end at $50.49 with investors trading 42,694 shares. Proven Investments shed $1.51 to finish at $17.97 after an exchange of 1,234 stocks, Sagicor Group declined $1 and ended at $37 with 80,212 stocks crossing the market and Stanley Motta rose 41 cents to end at $6.92 with a transfer of 533 units.
In the preference segment, Eppley 7.50% preference share fell 56 cents to $5.38 with 3,090 stocks clearing the market, Jamaica Public Service 7% advanced $1.22 to end at $44.90 in an exchange of 19 units, Jamaica Public Service 9.5% skidded $55 in closing at $2,700 trading 84 shares and 138 Student Living preference share rallied $26.55 to close at $260.05 with a mere 3 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market drops – 2 stocks hit yearly high


Trading on the Jamaica Stock Exchange Main Market declined on Tuesday, with the volume of stocks traded down 26 percent and the value 17 percent lower than on Monday, following trading in 59 securities compared with 60 on Monday, with prices of 23 stocks rising, 21 declining and 15 ending unchanged, including Caribbean Cement and the Jamaica Stock Exchange stocks that closed at 52 weeks’ highs.

The market closed with 22,368,398 shares being traded at$108,813,417 down from 30,240,989 stock units at $131,168,749 on Monday. Trading ended with an average of 379,125 shares at $1,844,295, well below the 504,016 stocks with an average of $2,186,146 on Monday and for the month to date, an average of 442,096 stock units for $2,016,657 compared to an average of 286,669 stocks at $2,555,172 in November.
Wigton Energy led trading with 15.01 million shares accounting for 67.1 percent of total volume followed by Transjamaican Highway with 3.75 million stocks for 16.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.39 million units for 6.2 percent of the day’s trade.
The All Jamaican Composite Index dropped 842.57 points to close trading at 370,324.84, the JSE Main Index shed 540.20 points to end at 321,327.66 and the JSE Financial Index slipped 0.83 points to end at 65.06. The Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and eight 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 trading, Caribbean Cement gained $1.90 to finish at a 52 weeks’ high of $78.90 with traders dealing in 4,558 stock units, Eppley Caribbean Property Fund rose $2.50 to $37 with 125 shares crossing the market, Guardian Holdings sank $1 to end at $314 with investors dealing in 126 units. Jamaica Producers rallied $2 to close at $25 with 3,072 stocks clearing the market, Jamaica Stock Exchange increased $1.03 to close at a 52 weeks’ high of $13.28 with 63,980 units switching owners, Mayberry Jamaican Equities climbed 55 cents and ended at $10.05 with 350 stocks changing hands.  NCB Financial popped 95 cents to $50.95 in an exchange of 264,825 shares, Pan Jamaica skidded $2 and ended at $50 in trading just 1 stock unit, Sagicor Group advanced $1.44 to close at $38 with 27,156 shares passing through the market and Scotia Group rose 99 cents to finish at $46.49 in an exchange of 33,589 stocks.

In the preference segment, Jamaica Public Service 7% climbed 68 cents in closing at $43.68 with investors trading 38 units, JMMB Group 7% preference share sank 42 cents to end at $2.51 after an exchange of 41 stock units and Productive Business Solutions 10.5% preference share increased $10 to $1060 after it closed with 230 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wigton Energy Main Market star


Trading in Wigton Energy trading at a record high of $1.36 pushed the volume of stocks traded up 21 percent over Friday’s trades on the Jamaica Stock Exchange Main Market on Monday with the value of stocks traded dropping 59 percent following activities in 60 securities up from 55 on Friday, with prices of 20 stocks rising, 26 declining and 14 ending unchanged, leading to a modest rise in the JSE Main Index.

The market closed with trading of 30,240,989 shares with a value of $131,168,749 versus 25,057,280 stocks at $318,023,674 on Friday. Trading averaged 504,016 shares at $2,186,146 versus 455,587 stocks at $5,782,249 on Friday and compared with an average of 286,669 stock units at $2,555,172 in November.
Wigton Energy led trading with 19.06 million shares for 63 percent of the total volume followed by Transjamaican Highway with a total of6.32 million units for 20.9 percent of the day’s trade. With the stock trading at a record high of $4.98 and Radio Jamaica with 569,027 stock units for 1.9 percent market share.
The All Jamaican Composite Index rallied 1,241.73 points to close at 371,167.41, the JSE Main Index climbed 276.37 points to cease trading at 321,867.86 and the JSE Financial Index rose 0.37 points to end the day at 65.89. The Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and five with lower offers.
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.
At the close of trading activity, Caribbean Cement gained $3 to close at a 52 weeks’ high of $77 as investors exchanged 13,334 units, Caribbean Producers shed $1.18 to end at a 52 weeks’ low of $7.32 with a transfer of 37,118 stocks, Eppley Caribbean Property Fund sank 50 cents to $34.50 with 130 shares passing through the market. GraceKennedy rose 45 cents to  $77.46 with investors trading 13,257 stock units, Jamaica Broilers shed 82 cents and ended at $37.63 with an exchange of 15,646 shares, Jamaica Producers fell $1 to close at $23 with 189,707 stock units clearing the market. Margaritaville lost 60 cents to close at $14.50 in trading a mere 2 units, Mayberry Jamaican Equities dipped 58 cents to $9.50 with 2,085 stocks changing hands, NCB Financial sank $1.90 and ended at $50, after trading as low as $49 in the early morning session with investors dealing in 190,288 units.

Pan Jamaica gave back a big portion of Friday’s gains as the price slipped $4 to end at $52 after an exchange of 53,678 stocks, Sagicor Group gave back all of the $3.10 gains on Friday with a fall of $3.54 to finish at $36.56 with 203,165 shares changing hands, Scotia Group advanced $1.43 to close at $45.50 in an exchange of 45,506 stock units. Seprod declined 70 cents to $84 with investors trading 39,671 shares, Sygnus Credit Investments popped 45 cents and ended at $12.45 with 19,291 stock units crossing the exchange and Sygnus Real Estate Finance fell 44 cents to end at $11 after a transfer of a mere 9 stocks.
In the preference segment, Jamaica Public Service 7% rallied $3 to close at $43 as 47 units passed through the market, Jamaica Public Service 9.5% increased $65 to finish at $2,755 after an exchange of a mere 1 stock and 138 Student Living preference share declined $2.92 to close at $233.50 with investors swapping 38 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ICTOP10 in balanced performance


The Jamaica Stock Exchange, All Jamaica Composite Index bounced sharply for the week, closing at a 9.5 months’ high with 11,579 points for a 3.2 percent jump for the week and driving the index into a marginally positive position year to date, the JSE Main Index climbed 9,618 points with a 3.1 percent rise and the Junior Market Index rose 63 points or 1.7 percent.

Against the above developments, just two stocks recorded gains and 5 fell in the Junior Market TOP10 and in the Main Market TOP10, only 3 stocks gained and 5 declined.
As was the case in the previous week, Guardian Holdings continues to hold on to the number one position by a wide margin, in all markets and the All JSE TOP10 compiled from all ordinary stocks listed on the Jamaica Stock Exchange, with Pulse Investments in the number 2 spot for the Main Market. This list is more existing than the Junior and Main Market TOP10, a total of 20 stocks. For a second week, Elite Diagnostics holds the number one spot in the Junior Market followed by Caribbean Cream.
In the Junior Market ICTOP10, Express Catering rose 10 percent to $3.45 and Jamaican Teas popped 7 percent higher to $2.22. AMG Packaging shed 7 percent to close at $2.87, all other declining stocks lost 3 percent or less.
In Main Market ICTOP10 activity, Guardian Holdings climbed 4 percent to $315 and JMMB Group also gained 4 percent to $22.50. Pulse Investments dropped 11 percent to $1.16 and Berger Paints declined 9 percent to $7.80, 138 Student Living gave up 5 percent to close at $4.10 and VM Investments lost 4 percent in closing at $2.49.
The average PE for the JSE Main Market ICTOP 10 stands at 5, well below the market average of 14.4 and the Junior Market TOP10 sits at 7.4, more than half of the market, with an average of 13.1.
The Main Market ICTOP10 is projected to gain an average of 313 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve 190 percent gain over the same period.
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 21 excluding the highest PE ratios, and a PE of 23 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 14 stocks, 29 percent of the market, with PEs ranging from 15 to 32 with an average of 20 and a PE of 17 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 the case. 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.

Winning stocks spark huge Main Market rally


Stocks jumped on the last trading day of the penultimate month of the year as trading activity climbed on the Jamaica Stock Exchange Main Market on Friday, a day when winning stocks overwhelmed those declining, with prices of 29 rising, nine declining and 17 ending firm, following trading in 55 securities down from 59 on Thursday with the volume of stocks traded increasing 22 percent and the value leaping 89 percent over the prior day.

During trading Caribbean Cement price hit a 52 weeks’ intraday high of $75.10 but it closed at $74, Pan Jamaica closed at a 52 weeks’ high of $56.90, Jamaica Public Service 9.5% ended at $2,690, after trading at a 52 weeks Intraday high of $3,280.16 and Pulse Investments traded at an intraday low of $1, but bounced back to close at $1.16.
The market closed with 25,057,280 shares trading for $318,023,674 well above the 20,497,403 stock units at $168,382,641 on Thursday. Trading averaged 455,587 shares at $5,782,249 up from 347,414 units at $2,853,943 on Thursday and for the month to date, an average of 286,669 units at $2,555,172 compared with 278,842 shares at $2,405,644 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 8.56 million shares for 34.1 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 4.47 million stocks for 17.8 percent of the day’s trade, Sagicor Select Financial Fund with 3.58 million units for 14.3 percent market share, Transjamaican Highway closed with 2.07 million shares for 8.2 percent of traded stocks and Radio Jamaica ended with 1.65 million units for 6.6 percent of total volume.
The market indices jumped sharply, helped by a big price movement in Pan Jamaica and Sagicor Group, as the All Jamaican Composite Index popped 6,733.96 points to close at 369,925.68, the JSE Main Index increased 5,333.88 points to 321,591.49 and the JSE Financial Index advanced 1.75 points to settle at 65.52. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. 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 increased 80 cents to end at $7.80 with investors dealing in a mere 17 stocks, Eppley Caribbean Property Fund sank $2 to $35 as 1,992 units passed through the market, Jamaica Broilers popped $1.45 to close at $38.45 with traders dealing in 82,558 shares. Jamaica Producers advanced by 48 cents to finish at $24 in an exchange of 13,691 stock units, Kingston Wharves rose 90 cents and ended at $30.90 with 4,224 shares crossing the market, Margaritaville gained 81 cents in closing at $15.10 after an exchange of just 4 units. Massy Holdings climbed $1.90 to $79.90 with 137 stocks changing hands, Pan Jamaica rallied $6.90 to end at a 52 weeks’ high of $56 with 500,762 stock units crossing the exchange, Sagicor Group increased $3.10 in closing at $40.10 in switching ownership of 319,580 shares. Sagicor Real Estate Fund climbed 60 cents to $8.50 after an exchange of 357,268 stocks and Sygnus Credit Investments fell 70 cents to finish at $12 trading 24,961 units.
In the preference segment, Jamaica Public Service 7% skidded $3.70 and ended at $40 with an exchange of 44 stock units and Jamaica Public Service 9.5% sank $160 to $2690, with 72,886 shares crossing the market., after the stock traded at an intraday 52 weeks high of $3,280.16.
Prices of securities trading are those for the last transaction of each stock unless otherwise state

Altitudinal slippage for JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 11 percent and the value 63 percent more than on Wednesday, with trading in 59 securities compared with 64 on Wednesday, with prices of 17 stocks rising, 28 declining and 14 ending unchanged.

The market closed with 20,497,403 shares being traded at $168,382,641 compared with 23,114,868 stocks at $103,556,387 on Wednesday.
Trading averaged 347,414 shares at $2,853,943 compared with 361,170 stocks at $1,618,069 on Wednesday and month to date, an average of 278,842 stock units at $2,405,644 compared with 275,256 shares at $2,382,196 on the previous day and October with an average of 205,025 stock units at $2,311,672.

Wigton Energy led trading with 8.64 million shares for 42.1 percent of total volume followed by Transjamaican Highway with 3.51 million stocks for 17.1 percent of the day’s trade, Sagicor Select Financial Fund chipped in with 3.22 million stock units for 15.7 percent market share and Barita Investments with 1.35 million shares for 6.6 percent of total volume.
The All Jamaican Composite Index skidded 2,528.66 points to 363,191.72, the JSE Main Index dropped 2,329.66 points to settle at 316,257.61 and the JSE Financial Index slipped 0.63 points to conclude trading at 63.77. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.3. 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 of the day when Barita Investments hit a 52 weeks’ intraday low of $55, before closing at $75.25, up 26 cents, AS Bryden fell $2.90 in closing at $31 after an exchange of 3,499 stock units, First Rock Real Estate lost 50 cents to end at $10 after 19,320 shares passed through the market, GraceKennedy shed 50 cents to end at $77 with 52,863 stocks crossing the exchange. Guardian Holdings popped $4 and ended at $315 with traders dealing in 119 units, Jamaica Broilers gained 50 cents to finish at $37 with 3,139 stocks changing hands, Kingston Wharves sank $1 to close at $30 with investors trading 6,906 units. Margaritaville declined 81 cents to $14.29 after a transfer of 10 shares, Massy Holdings sank $1.95 to finish at $78 with investors swapping 1,077 stock units, NCB Financial rose 95 cents and ended at $51.90 in an exchange of 260,131 shares. Pan Jamaica dropped $2.65 in closing at $49.10 with investors trading 200,142 stock units, Proven Investments advanced 50 cents to end at $19.50 in switching ownership of 119,370 units, Sagicor Group skidded $1 to close at $37 after 2,925 stocks changed hands. Sagicor Real Estate Fund climbed 50 cents to $7.90 with an exchange of 141,901 units, Scotia Group dipped $1.95 and ended at $44.07, with 125,200 stocks crossing the market, Seprod increased 70 cents to end at $84.70 after an exchange of 1,996 shares and Supreme Ventures slipped 59 cents to $21.70 in trading 29,285 stock units.
In the preference segment, Jamaica Public Service 9.5% sank $10 to finish at $2,850 with 13 shares clearing the market and Sygnus Credit Investments C10.5% rallied $5 to close at $105 in an exchange of 18,308 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market last minute rally


Trading on Wednesday delivered more gains for a third day on the Jamaica Stock Exchange Main Market late into the final moments ahead of the close and ended with the volume of stocks traded declining 13 percent and the value 33 percent lower than on Tuesday, with trading in 64 securities up from 60 on Tuesday, with prices of 24 stocks rising, 19 declining and 21 ending unchanged.

The market closed with 23,114,868 shares trading for $103,556,387 from 26,500,977 stocks at $154,386,911 on Tuesday. Trading averaged 361,170 shares at $1,618,069 compared with 441,683 stock units at $2,573,115 on Tuesday and for the month to date, an average of 275,256 stock units at $2,382,196 compared with 270,088 shares at $2,428,159 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 6.71 million shares for 29 percent of total volume followed by Transjamaican Highway with 6.30 million stock units for 27.3 percent of the day’s trade, Sagicor Select Financial Fund with 5.14 million stock units for 22.2 percent of market share and JMMB 9.5% preference share with 1.09 million units for 4.7 percent of total volume.
The All Jamaican Composite Index increased 1,143.50 points to settle at 365,720.38, the JSE Main Index increased 366.95 points to 318,587.27 and the JSE Financial Index popped 0.13 points to conclude trading at 64.40. The Investor’s Choice bid-offer indicator shows 12 stocks ended 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. 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 the market, Berger Paints fell $1.54 to close at $7.01 after an exchange of 5,856 shares, Caribbean Cement rallied $2.55 and ended at $73.75 in trading 518 stocks, GraceKennedy lost 76 cents to close at $77.50 with 129,783 shares changing hands. Guardian Holdings popped $11 to end at $311 with investors dealing in 15 stock units, Jamaica Producers advanced 52 cents in closing at $23.52 after trading of 5,753 shares, JMMB Group rose 49 cents to finish at $22.49 in an exchange of 94,201 stock units. Margaritaville climbed 55 cents and ended at $15.10 after 160 stocks changed hands, Massy Holdings increased $1.95 to $79.95 with a transfer of 650 units, Pan Jamaica gained 75 cents to close at $51.75 with 102,595 stocks crossing the market. Sagicor Group popped $1 to finish at $38 after a transfer of 27,011 units, Salada Foods increased 41 cents to end at $3.51 with traders dealing in 3,277 shares, Scotia Group skidded 48 cents in closing at $46.02 in switching ownership of 23,563 stock units. Seprod sank 60 cents to $84 with investors trading 4,823 shares, Stanley Motta shed 45 cents and ended at $6.50 after an exchange of 19,812 units and Sygnus Real Estate Finance climbed 44 cents to end at $11.44 after 10,180 stocks passed through the market.
In the preference segment, Eppley 7.50% preference share rose 47 cents in closing at $5.99 with 8,008 stock units crossing the exchange, Jamaica Public Service 7% rallied $3.70 to close at $43.70 with investors swapping 4,050 shares, Jamaica Public Service 9.5% declined $29.99 to finish at $2,860 with 10 stocks crossing the market and Productive Business Solutions 10.5% preference share gained $15 to land at $1,050 as investors exchanged 100 units.

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

Record high for Transjamaican Highway


Transjamaican Highway closed trading as the market leader on Tuesday with the price hitting a record high, helping to push the Jamaica Stock Exchange Main Market to close another day with solid gains and helping to push the volume of stocks traded up by 41 percent, with the value 36 percent lower than on Monday, with trading in 60 securities down from 62 on Monday, with prices of 21 stocks rising, 27 declining and 12 ending unchanged.

The market closed with trading of 26,500,977 shares at $154,386,911 versus 18,751,570 stock units at $240,793,065 on Monday. Trading ended with an average of 441,683 shares at $2,573,115 compared to 302,445 stocks at $3,883,759 on Monday and for the month to date, an average of 270,088 stock units at $2,428,159 compared to 259,833 shares at $2,419,496 on Tuesday and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led with 7.40 million shares for 27.9 percent of total volume followed by Wigton Energy with 6.94 million stocks for 26.2 percent of the day’s trade, Sterling Investments chipped in with 5.45 million units for 20.6 percent market share, 138 Student Living ended with 1.40 million stock units for 5.3 percent market share and JMMB 9.5% preference share with 1.05 million shares for 4 percent of total volume.
The All Jamaican Composite Index increased 3,241.38 points to finish at 364,576.88, the JSE Main Index rallied 2,864.42 points to end at 318,220.32 and the JSE Financial Index gained 0.38 points to close at 64.27. The Investor’s Choice bid-offer indicator shows eight stocks ended 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, Barita Investments rose $1.50 to finish at $75 after 1,578 stock units passed through the market, Berger Paints gained 91 cents to end at $8.55 with investors trading 118 shares, Caribbean Cement dropped $3.30 to close at $71.20 with an exchange of 136,422 stocks. Eppley Caribbean Property Fund popped $4 and ended at $37 with 510 units clearing the market, General Accident gained 84 cents to end at $6.40 as investors exchanged 803 shares, GraceKennedy climbed $1.46 in closing at $78.26 after trading in 316,607 stock units. Guardian Holdings sank $15 to $300 after an exchange of 473 units, Jamaica Producers advanced $1 to finish at $23 with investors swapping 54,815 stocks, Kingston Wharves rallied 59 cents and ended at $31 in an exchange of 913 units. Massy Holdings skidded 90 cents to end at $78 with investors dealing in 132,486 stocks, Mayberry Group increased 47 cents in closing at $7.97, with 831 shares crossing the exchange, Mayberry Jamaican Equities popped 42 cents to close at $9.92 in switching ownership of 430 stock units. NCB Financial rallied 50 cents to $51 after an exchange of 149,721 shares, Pan Jamaica rose $1.02 to end at $51 with a transfer of 120,115 units, Proven Investments gained $1.50 in closing at $19 with 124,093 stocks crossing the market. Sagicor Real Estate Fund fell $1.18 to close at $7.38 in an exchange of 14,020 stock units, Salada Foods dropped 40 cents to $3.10 with 11,730 shares being traded, Supreme Ventures advanced 78 cents to finish at $22.48 after transferring 7,199 stocks and Sygnus Real Estate Finance shed 45 cents to close at $11 with investors trading 550 units.

In the preference segment, Eppley 7.50% preference share sank 48 cents in closing at $5.52 with 6,064 stock units crossing the market, Eppley 7.75% preference share climbed $2.39 to end at $22.59 following trading of 202 shares. Jamaica Public Service 7% dipped $3 and ended at $40 in trading 1,838 stocks, Productive Business Solutions 10.5% preference share lost $15 to finish at $1,035 with traders dealing in 128 units and Sygnus Credit Investments C10.5% slipped $4.99 to close at $100 in switching ownership of 9,547 stock units.

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