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.
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.
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.
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.
The market closed with trading of 31,085,446
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.
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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
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.
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.
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.
Guardian Holdings continues to hold on to the number one buy position in all markets and Elite Diagnostic the best in the Junior Market.
Image Plus fell out of the Junior Market IC TOP10 and was replaced by Express Catering. No stock moved in or out of the JSE Main Market ICTOP 10 this week. 
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 11,422,541 shares trading for $58,122,200 compared with 10,864,715 units at $66,883,337 on Tuesday.
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.
Eppley Caribbean Property Fund rose $2.90 and ended at $41.90 with 47 stock units clearing the market, Guardian Holdings slipped $13.01 to close at $314.99 after a transfer of 5,902 shares, Jamaica Broilers advanced 99 cents to finish at $36.75 in switching ownership of 5,947 stocks. Jamaica Stock Exchange gained 53 cents to $10.64 as investors exchanged 6,809 units, JMMB Group rallied $1.85 to close at $22.90 in trading 15,819 stock units, Mayberry Group fell 79 cents and ended at $7.26 in an exchange of 51,174 shares. NCB Financial shed 41 cents to end at $52.99 after 20,137 stocks passed through the market, Sagicor Group increased $2 in closing at $39 with an exchange of 120 units and Seprod popped 80 cents to finish at $81.50 with 15,447 stock units changing hands.
In the preference segment, Jamaica Public Service 9.5% sank $210 to $2690 after an exchange of 1,133 shares and Sygnus Credit Investments C10.5% increased 40 cents in closing at $105 with investors dealing in 39 stock units.