Main Market posts more gains


Trading jumped appreciably on the Jamaica Stock Exchange Main Market on Wednesday, with the volume exchanged rising 49 percent and the value 43 percent more than on Tuesday, following trading in 60 securities compared with 62 on Tuesday, with prices of 31 rising, 13 declining and 16 ending unchanged, with Guardian Holdings trading at an intraday 52 weeks’ high of $390 and Wigton Energy grabbed 51 percent of the day’s trade as the market put on its usual month end dressing.

The market closed with 20,922,408 shares trading for $136,737,004 up from, 13,995,385 stock units at $95,941,290 on Tuesday.
Trading averaged 348,707 shares at $2,278,950, up from 225,732 stocks at $1,547,440 on Tuesday and month to date, an average of 1,417,136 units at $6,010,754 compared with 1,474,889 shares at $6,212,474 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Wigton Energy led trading with 10.74 million shares for 51.3 percent of total volume followed by Transjamaican Highway, with 4.89 million units for 23.4 percent of the day’s trade and Sagicor Select Financial Fund with 802,486 stocks for 3.8 percent of the volume traded.
The All Jamaican Composite Index jumped 3,626.12 points to conclude trading at 377,999.03, the JSE Main Index rallied 3,285.19 points to 328,253.91 and the JSE Financial Index popped 0.64 points to 69.80.
At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the 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 rose $3 and ended at $86 after 43,715 shares passed through the market, Eppley Carib Property Fund skidded 62 cents to $38.83 with investors dealing in 1,000 stock units, GraceKennedy lost 35 cents in closing at $71.65, with 15,108 shares crossing the market. Guardian Holdings climbed $5.99 to finish at $349.99 after hitting a 52 weeks’ intraday high of $390, with investors trading 31,393 stocks, Jamaica Broilers popped $1 to end at $29 with 126,780 units crossing the market, Kingston Wharves increased 78 cents to close at $28.48 in trading 166,054 stocks. Margaritaville declined 55 cents to $15 and closed with just 4 shares changing hands, Massy Holdings rallied $1.10 to end at $79.50 after a transfer of 232 stock units, Mayberry Group advanced 35 cents in closing at $6.70 with 2,229 units crossing the exchange. Mayberry Jamaican Equities gained 78 cents and ended at $9.78 with 8,120 stocks changing hands, NCB Financial popped $3.45 to finish at $49.45 with an exchange of 281,429 units, Pan Jamaica fell 70 cents to close at $56.25 after investors ended trading 87,584 shares. Sagicor Group gained $1.60 to $45.50 after an exchange of 141,323 stock units, Sagicor Real Estate Fund rose 40 cents and ended at $8.60 with a transfer of 3,541 shares, Seprod sank $1.55 to close at $84.95 as investors exchanged 100,022 units. Sygnus Real Estate Finance advanced $1.20 to end at $9.34 in switching ownership of 12 stocks and Wisynco Group dropped 42 cents in closing at $20.58 with traders dealing in 24,744 stock units.

In the preference segment, Jamaica Public Service 7% sank $4.49 to finish at $36.51, with an exchange of 100 shares. 138 Student Living preference share increased $44.28 and ended at $264.55 with investors swapping 4,816 stocks and Productive Business Solutions 10.5% preference share climbed $10.99 to $1,044.99 after an exchange of 8 units.

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

Trading & price jump on Junior Market


Trading jumped and prices mostly rose on the Junior Market of the Jamaica Stock Exchange on Wednesday, in closing out the month with a 52 percent rise in the volume of stocks exchanged, with 61 percent greater value than Tuesday following trading in 45 securities compared with 46 on Tuesday and ending with prices of 21 rising, nine declining and 15 closing unchanged.

The market closed with trading of 22,755,488 shares, with Stationery and Office Supplies accounting for 20 percent of the volume traded, resulting in a value of  $47,209,153, up appreciably from 15,009,251 units at $29,395,669 on Tuesday.
Trading averaged 505,678 shares at $1,049,092, up from 326,288 stock units at $639,036 on Tuesday, with the month to date, averaging 199,273 units at $488,496, closely aligned with 182,438 stock units at $457,694 on the previous day and March with an average of 307,021 shares at $759,432.
Stationery and Office Supplies led trading with 4.50 million shares for 19.8 percent of total volume followed by ONE on ONE Educational which ended with 3.88 million stocks for 17 percent of the day’s trade, Jamaican Teas closed with 2.75 million stocks for 12.1 percent of the volume traded, Image Plus with 1.72 million units for 7.6 percent of the overall volume, Indies Pharma with 1.69 million units for 7.4 percent of the day’s trade and Mailpac Group ended with 1.19 million units for 5.2 percent of market share.
At the close of trading, the Junior Market Index climbed 48.98 points to conclude trading at 3,517.84. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, Access Financial popped $1.52 to $17.55, with 1,782 shares crossing the market, AMG Packaging rallied 30 cents to end at $2.31 in an exchange of 6,005 units, Caribbean Assurance Brokers increased 47 cents in closing at $2.50, with investors dealing in 3,150 stocks. Consolidated Bakeries climbed 5 cents and ended at $1.70 after 1,871 shares passed through the market, Dolla Financial rose 12 cents to finish at $2.57 with investors trading 80,135 stock units, Dolphin Cove sank 47 cents to close at $11.23 after an exchange of 30,950 shares. Everything Fresh advanced 7 cents to $2.10 with a transfer of 33 stocks, Fontana gained 48 cents and ended at $9.80 after the trading of 111,138 units, Fosrich popped 10 cents in closing at $2.60 with an exchange of 501,933 stock units. Future Energy rallied 14 cents to end at $3.30 with 581,156 shares crossing the market, GWest Corporation lost 10 cents to close at 87 cents in trading 9,900 stock units, Indies Pharma increased 20 cents to finish at $4.05 with 1,688,670 units crossing the exchange. Jamaican Teas skidded 6 cents and ended at $2.54 with investors trading 2,752,934 stocks, JFP Ltd climbed 18 cents to 60 cents in an exchange of 243,215 units, Knutsford Express rose 20 cents in closing at $12.68 with investors swapping 338,227 stocks. Limners and Bards advanced 10 cents to close at $1.25 in switching ownership of 5,662 shares, Lumber Depot gained 12 cents to finish at $3.02 after a transfer of 107,810 stock units, Mailpac Group popped 33 cents to end at $2.70 with traders dealing in 1,187,139 shares. Regency Petroleum rallied 40 cents to close at 52 weeks’ high at $3.80 with 774,792 stock units changing hands and Stationery and Office Supplies rose 6 cents to finish at $1.60 and closed with an exchange of 4,499,451 units.

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

Post-election gains slip in Trinidad


Stocks failed to hang onto the post-election bounce on Tuesday and ended on Wednesday with mostly losses on the Trinidad and Tobago Stock Exchange, resulting in 21 securities trading compared with 19 on Tuesday and ending with prices of four stocks rising, seven declining and 10 ended firm, with the volume of stocks traded rising 33 percent with a 33 percent lower value than on Tuesday.

The market closed with trading of 219,490 shares worth $1,128,137 compared to 164,429 stock units at $1,673,089 on Tuesday.
An average of 10,452 shares were traded at $53,721 compared with 8,654 units at $88,057 on Tuesday, with trading for the month to date ending with an average of 16,843 shares at $114,481 that is well aligned with the 17,269 units at $118,531 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index dipped 0.04 points to finish at 1,049.02, the All T&T Index fell 0.85 points to end at 1,538.04, the SME Index remained at 86.66 and the Cross-Listed Index rose 0.11 points to 73.57.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
At the close, Angostura Holdings ended at $14.80 and closed with an exchange of 580 shares, Ansa Merchant Bank remained at $39.50 with investors swapping 2 stock units, CIBC Caribbean Bank popped 1 cent and ended at $8.11 with 473 shares clearing the market. Endeavour Holdings remained at $18 with investors trading 5 stocks, First Citizens Group climbed 4 cents to close at $41.94 with 969 units crossing the market, GraceKennedy ended at $3.87 with a transfer of 198 shares. Guardian Media rose 4 cents to $1 after an exchange of 35 stock units, JMMB Group ended at $1.10 with 49 stocks passing through the market, Massy Holdings declined 3 cents and ended at $4 after a transfer of 168,548 units. National Enterprises sank 7 cents to end at a 52 weeks’ low of $2.43 with investors trading 19,599 shares, National Flour Mills remained at $1.60 after an exchange of 5,215 stock units, NCB Financial lost 19 cents to close at a 52 weeks’ low of $2.20 after the trading of 291 stocks. One Caribbean Media remained at $2.69 in an exchange of 5 units, Point Lisas advanced 20 cents and ended at $4.45 with 2,105 stocks changing hands, Prestige Holdings sank 3 cents to finish at $10.60 as investors exchanged 1,427 shares. Republic Financial skidded 1 cent to close at $110.98 in trading 1,915 stock units, Scotiabank fell 44 cents to end at a 52 weeks’ low of $52.56 after an exchange of 558 units, Trinidad & Tobago NGL ended at $3.20 with investors dealing in 6,402 shares. Trinidad Cement finished trading at $2.15 with 1,475 stocks switching owners, Unilever Caribbean dipped 2 cents to end at $12.70 with 98 units crossing the exchange and West Indian Tobacco remained at $5.44 with traders dealing in 9,541 stock units.

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

Gains continue on JSE Main Market


Trading ended with stocks rising with robust gains for 5 days out of the last 6 on the Jamaica Stock Exchange Main Market on Tuesday, with the All Jamaican Composite Index rallying 3,060.36 points to close at 374,372.91, the JSE Main Index climbed 3,797.76 points to 324,968.72 and the JSE Financial Index climbed 1.37 points to wrap up trading at 69.16. Traded volume rose marginally, but the value dropped 19 percent from that on Monday, with trading in 62 securities up from 60, with the prices of 26 rising, 16 declining and 20 ending unchanged.

The market closed with 13,995,385 shares trading worth $95,941,290 compared with 13,175,750 stock units at $118,093,716 on Monday.
Trading averaged 225,732 shares at $1,547,440 compared to 219,596 stocks at $1,968,229 on Monday and month to date, an average of 1,474,889 units at $6,212,474, well aligned with the 1,548,789 shares at $6,488,458 on the previous day and compared to March that ended with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 4.99 million shares for 35.7 percent of the total volume, followed by Radio Jamaica with 3.31 million units for 23.6 percent of the day’s trade and Wigton Energy with 675,438 stocks for 4.8 percent of the volume traded.
At the close, the Investor’s Choice bid-offer indicator shows 13 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 13.4. The JSE Main and the 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 shed 73 cents to end at $7.12 with 2,771 shares changing hands, Caribbean Cement advanced $1 to close at $83 with investors trading 26,476 units, Carreras rose 59 cents and ended at $15.49 with 345,009 stocks clearing the market. Eppley Caribbean Property Fund gained $4.45 in closing at $39.45 with investors dealing in 6,734 shares, First Rock Real Estate popped 58 cents to finish at $9.60 in switching ownership of 96,732 stock units, Guardian Holdings declined $6 to end at $344 following the trading of 110 shares. Kingston Properties rallied 79 cents to $9.50 as 131,207 stocks passed through the market, Mayberry Group sank $1.05 to finish at $6.35 after a transfer of 85,622 units, NCB Financial dropped $3 and ended at $46 with 203,827 stock units crossing the market. Scotia Group increased 90 cents to end at $53.90 after an exchange of 5,424 shares, Seprod climbed $2.95 in closing at $86.50 with 64,462 stocks crossing the market, Sygnus Real Estate Finance fell $1.21 to close at $8.14 with investors swapping 1,381 stock units and Wisynco Group rose 41 cents to $21 with 114,740 stock units crossing the exchange.
In the preference segment, Jamaica Public Service 7% advanced $4 to end at $41 with traders dealing in 49 shares, 138 Student Living preference share lost $9.73 in closing at $220.27 as investors exchanged 36 units, Sygnus Credit Investments 10% popped 90 cents to finish at $100.90 in trading just two stocks and Sygnus Credit Investments C10.5% rallied $1.50 and ended at $101.50 after an exchange of 2,027 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading jumps


Junior Market stocks were traded in increased quantities and value on the Jamaica Stock Exchange on Tuesday, compared with Mondays outcome with a 36 percent rise in the volume of stocks traded, valued 56 percent more than on Monday following trading in 46 securities up from 42 on Monday and ending with prices of 22 rising, 15 declining and 9 ending unchanged and ending with the Junior Market Index climbing for the fourth straight day with a gain of 22.80 points to close at 3,468.86, ahead of the last trading day of the month.

The market closed with trading of 15,009,251 shares at $29,395,669, up from 11,041,741 stock units at $18,804,210 on Monday.
Trading averaged 326,288 shares at $639,036, well above 262,899 stocks that traded for an average of $447,719 on Monday, with the month to date, averaging 182,438 units at $457,694, close to the 173,877 stock units at $446,903 on the previous day but well below March with an average of 307,021 shares at $759,432.
ONE on ONE Educational led trading with 4.69 million shares for 31.2 percent of total volume followed by Mailpac Group with 3.56 million stocks for 23.7 percent of the day’s trade, Jamaican Teas closed with 1.86 million units for 12.4 percent of the volume traded and Derrimon Trading with 1.56 million units for 10.4 percent of market share.
At the close of trading, the Investor’s Choice bid-offer indicator was B with seven stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close on a day of gains, Access Financial shed 93 cents to finish at $16.03 with 1,203 shares crossing the market, AMG Packaging sank 47 cents to a 52 weeks’ low of $2.01, with traders dealing in 10,638 stock units, Blue Power lost 8 cents to end at $4.90 and closed with an exchange of 3,116 shares. Cargo Handlers skidded 14 cents in closing at $11.10 with 93 stocks crossing the market, Caribbean Cream advanced 43 cents and ended at $2.59 in an exchange of just 400 units, Caribbean Flavours fell 7 cents to close at $1.16 with 10,722 shares changing hands. Dolphin Cove popped 20 cents to $11.70 with an exchange of 15,126 stock units, Express Catering rallied 39 cents in closing at $2.93 after 1,455 units passed through the market, Fontana sank 48 cents to finish at $9.32 with investors trading 104,594 stocks. Indies Pharma increased 21 cents and ended at $3.85 after an exchange of 408,245 shares, Iron Rock Insurance climbed 5 cents to end at $3.70 with investors dealing in just one stock unit, ISP Finance rose $2.55 to close at $12.05 after an exchange of 2,035 stocks. Jamaican Teas gained 15 cents to finish at $2.60 with investors trading 1,863,472 units, JFP Ltd dropped 17 cents to close at a record low of 42 cents after a transfer of 228,115 stocks, Lasco Financial popped 7 cents in closing at $1.70 with investors trading 136,859 shares. Mailpac Group dipped 20 cents to finish at $2.37 with 3,556,348 stock units clearing the market and Spur Tree Spices advanced 5 cents and ended at $1.27 with investors swapping 32,976 units.

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

Investors cheer change in T&T government


Following the holding of General Election on Monday in the twin island Republic of Trinidad and Tobago investors reacted positively to the massive victory of United National Congress that resulted in a change in government, with the vast majority of stocks ending with gains on the Trinidad and Tobago Stock Exchange on Tuesday, following trading in 19 securities trading up from 16 on Monday and ending with prices of 11 stocks rising, only two declining and six ended firm.

The market closed with trading of 28 percent more shares valued at 115 percent more than on Monday, with an exchange of 164,429 shares for $1,673,089, up from 128,933 stock units at $777,292 on Monday.
An average of 8,654 shares were traded at $88,057, up from 8,058 units at $48,581 on Monday, with trading month to date averaging 17,269 shares at $118,531, in line with 17,822 units at $120,488 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rallied 2.53 points to finish at 1,049.06, the All T&T Index advanced 3.29 points to finish at 1,538.89, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.24 points to end at 73.46.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Angostura Holdings advanced 30 cents to finish at $14.80 after an exchange of 125 shares, Ansa McAl remained at $50 after the trading of 21 stock units, Calypso Macro Investment Fund rose $1.50 to $24.95 in switching ownership of 787 shares. CIBC Caribbean Bank climbed 5 cents in closing at $8.10 after 118 units passed through the market, First Citizens Group popped 1 cent to close at $41.90 with 16,579 stocks changing hands, GraceKennedy increased 27 cents to end at $3.87 with a transfer of 29 units. Guardian Holdings dipped 25 cents in closing at $16.50 and closed after an exchange of 136 shares, Guardian Media added 2 cents to end at 96 cents with traders dealing in 6,220 stock units, L.J. Williams B share rallied 10 cents to finish at $1 as investors exchanged 2,000 stocks. Massy Holdings increased 3 cents and ended at $4.03 with 58,521 units crossing the market, National Enterprises ended at $2.50 in an exchange of 17,095 shares, National Flour Mills remained at $1.60 with 205 stock units crossing the market. One Caribbean Media ended at $2.69 with investors dealing in just one stock, Prestige Holdings climbed 12 cents to $10.63 with 1,222 units crossing the exchange, Republic Financial popped 49 cents to $110.99 with investors swapping 3,302 stocks. Scotiabank remained at $53 with an exchange of 233 shares, Trinidad & Tobago NGL advanced 5 cents to finish at $3.20 with 19,000 stock units clearing the market, Unilever Caribbean fell 3 cents and ended at $12.72 in an exchange of 408 shares and West Indian Tobacco closed at $5.44 with investors trading 38,427 stocks.

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

Guardian Holdings surged $42


Guardian Holdings surged $42 in trading on the Jamaica Stock Exchange Main Market on Monday, with investors clearing the market of all stocks on offer, following the ICInsider TOP10 report on Sunday, indicating that the supply of the stock on offer had declined sharply. At the close of the market, similar to Friday, there was an exchange of 60 securities, with prices of 24 rising, 20 declining and 16 ending unchanged and ended with a solid upward swing in the market indices.
The market closed with 113 percent increase in volume to 13,175,750 shares trading for $118,093,716, up from 6,188,249 stocks at $55,370,983 on Friday. Trading averaged 219,596 shares at $1,968,229, up from 103,137 shares at $922,850 on Friday and month to date, an average of 1,548,789 units at $6,488,458, just below the 1,629,509 shares at $6,762,966 on the previous day and March with an average of 896,190 stock units at $20,804,277. Wigton Energy led trading with 6.08 million shares for 46.2 percent of total volume, followed by Transjamaican Highway with 2.65 million units for 20.1 percent of the day’s trade and JMMB Group 7.35% – 2028 with 655,653 shares for 5 percent of the volume traded. The All Jamaican Composite Index surged 8,077.93 points to finish at 371,312.55, the JSE Main Index jumped 5,411.95 points to end at 321,170.96 and the JSE Financial Index rose 2.16 points to conclude trading at 67.79. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and seven with lower offers. The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and the 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 skidded $1.80 to end at $82 with a transfer of only 792 shares, Eppley Caribbean Property Fund sank $3.18 to $35 as investors exchanged 642 units, General Accident dipped 59 cents to finish at $4.80 after a transfer of 16,753 stocks. Guardian Holdings jumped $42 and ended at $350 in trading 56,215 shares, Jamaica Broilers gained $2.10 in closing at $28, with 234,241 stock units changing hands, Jamaica Producers popped 95 cents to close at $24.90 with an exchange of 116 shares. Jamaica Stock Exchange increased 48 cents to $12.68 with 32,865 units crossing the market, JMMB Group climbed $3.48 to finish at $22.50 with traders dealing in 602,528 stocks, Kingston Wharves sank 58 cents and ended at $27.84 in an exchange of 160 stock units. Margaritaville advanced $1.21 to $15.55 with investors dealing in 66 shares, Massy Holdings dropped $1.09 to close at $78.40 after an exchange of 10,333 stock units, Mayberry Jamaican Equities shed 78 cents to end at $9 with investors trading 2,579 stocks. NCB Financial rallied $3 to $49 with 262,173 units crossing the exchange, Pan Jamaica popped $1.98 to end at $56.98 with investors swapping 126,749 stocks, Sagicor Group advanced $2 to $43.90 with 212,100 units crossing the market. Scotia Group rose 50 cents and ended at $53 after an exchange of 40,108 shares and Wisynco Group climbed 59 cents to finish at $20.59 after 34,631 stock units passed through the market. In the preference segment, Jamaica Public Service 7% declined 82 cents to close at $37 in trading 3 shares. 138 Student Living preference share increased $38.53 to $230 in an exchange of 26,405 units and Sygnus Credit Investments 10% rallied $1.01 to end at $100 with investors trading 169 stocks. Prices of securities trading are those for the last transaction of each stock unless otherwise state

Trading climbs on JSE Junior Market


Trading activity closed with increased in volume and value of stocks passing through the Junior Market of the Jamaica Stock Exchange Monday, with rising a 63 percent rise in the volume of stocks traded, having a 133 percent greater value than on Friday with trading in 42 securities compared with 46 on Friday and ending with prices of 13 rising, 20 declining and nine closing unchanged.

The market closed with trading jumping to 11,041,741 shares for $18,804,210, up from 6,792,598 units at $8,087,536 on Friday.
Trading ended with an average of 262,899 shares at $447,719 compared with 147,665 shares at $175,816 on Friday, with trading for the month to date, averaging 173,877 units at $446,903, just up from 168,763 stock units at $446,856 on the previous day and March with an average of 307,021 shares at $759,432.
Derrimon Trading led trading with 2.28 million shares for 20.6 percent of total volume followed by Jamaican Teas which ended with 1.80 million stocks for 16.3 percent of the day’s trade, ONE on ONE Educational closed with 1.73 million stocks for 15.6 percent of the volume traded, Mailpac Group with 1.55 million units for 14.1 percent of the volume traded and EduFocal with 1.34 million units for 12.1 percent of market trade.
At the close of trading, the Junior Market Index rose 13.19 points to 3,446.06. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
The Junior Market ended trading with an average PE Ratio of 14.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of a day of increased activity, Blue Power popped 48 cents to close at $4.98 after the trading of 28,725 units, Caribbean Assurance Brokers sank 72 cents to end at a 52 weeks’ low of $2.01 with investors trading 11,087 stock units, Caribbean Cream skidded 43 cents in closing at $2.16 with 2,551 shares crossing the market. Derrimon Trading increased 6 cents and ended at $1.96 as investors exchanged 2,276,260 units, Dolphin Cove lost 93 cents to finish at $11.50 in switching ownership of 20,243 stocks, Elite Diagnostic climbed 15 cents to close at $1.50 with investors trading 655 shares. Express Catering shed 41 cents to end at $2.54, with 25,547 units clearing the market. Fontana rose 9 cents in closing at $9.80 with investors dealing in 30,982 stocks, Fosrich rallied 5 cents to close at $2.49 after a transfer of 346,465 stock units. Iron Rock Insurance sank 5 cents to finish at $3.65 after 1,787 shares passed through the market, ISP Finance dipped $2.82 and ended at 52 weeks’ low of $9.50 and closed with an exchange of 23 units, Jamaican Teas gained 5 cents to end at $2.45 with 1,804,799 stocks crossing the exchange. JFP Ltd fell 5 cents to 59 cents with traders dealing in 454,318 stock units, Knutsford Express advanced 32 cents to close at $12.49 after an exchange of 34,942 shares, Lasco Financial declined 6 cents in closing at $1.63 in trading 3,875 stocks. Lumber Depot rose 7 cents to finish at $2.89 after an exchange of 588 units, Mailpac Group advanced 12 cents and ended at $2.57 with a transfer of 1,554,847 stock units, Spur Tree Spices dropped 5 cents to end at $1.22 in trading 107,680 shares and Tropical Battery slipped 5 cents in closing at $2.05 in an exchange of 64,416 stocks.

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

Trading climbs on the Trinidad Exchange


Trading picked up on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 246 percent, valued 56 percent more than on Friday, resulting in 16 securities trading down from 18 on Friday and ending with prices of just two stocks rising, eight declining and six ending firm.

The market closed the trading of 128,933 shares for $777,292, up from a mere 37,270 stock units at $499,481 on Friday.
An average of 8,058 shares were traded at $48,581, up from just 2,071 units at $27,749 on Friday, with trading for the month to date ending with an average of 17,822 shares at $120,488, well aligned with 18,380 units at $124,598 on the previous day and an average for March ending at 16,679 shares at $130,461.
The Composite Index slipped 2.34 points to close at 1,046.53, the All T&T Index shed 2.92 points to 1,535.60, the SME Index remained unchanged at 86.66 and the Cross-Listed Index skidded 0.24 points to wrap up trading at 73.22.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At close of trading, Angostura Holdings skidded 30 cents to end at $14.50 with 60 shares clearing the market, Ansa McAl fell 90 cents in closing at $50 in switching ownership of 34 units, CIBC Caribbean Bank sank 5 cents to end at $8.05 and closed with an exchange of 161 shares. First Citizens Group ended at $41.89 with 2,366 stock units changing hands, GraceKennedy remained at $3.60 in trading 357 stocks, Guardian Media dipped 1 cent to close at 52 weeks’ low of 94 cents, with just 2 units crossing the market. JMMB Group remained at $1.10 with traders dealing in 100 shares, L.J. Williams B share ended at 90 cents in an exchange of 50 stock units, Massy Holdings lost 5 cents to finish at $4 with investors swapping 113,537 stocks. National Enterprises ended at $2.50 in an exchange of 8,804 units, Prestige Holdings rose 1 cent in closing at $10.51 with investors trading 46 stocks, Republic Financial declined 10 cents to end at a 52 weeks’ low of $110.50 after an exchange of 1,710 shares. Scotiabank remained at $53 with investors dealing in 14 stock units, Trinidad & Tobago NGL sank 17 cents to end at 52 weeks’ low of $3.15 trading 1,631 shares, Unilever Caribbean shed 3 cents in closing at $12.75 as investors exchanged 51 stocks and West Indian Tobacco advanced 43 cents to close at $5.44 after 10 units passed through the market.

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

Kintyre jumps 11%, still tops ICTOP10


Iron Rock Insurance rocketed higher in the past week to be the top-performing ICTOP10 stock in the Easter Holiday shortened period with a gain of 23 percent and dropped out of the Junior Market TOP10 listings. Kintyre Holdings was next with a rise of 11 percent, yet still leads the Junior Market listing. Margaritaville is up 10 percent in the Main Market, in a shortened week, with the Junior Market rising just 21 points and the Main Market Index gained a solid 3,271 points.

At the end of the week, the Junior Marlet ICTOP10 main losers were AMG Packaging down 11 percent to close at $2.50, Dolphin Cove falling 10 percent to $12.43 and Elite Diagnostic declining 7 percent to finish at $1.35.
In the Main Market ICTOP10, Guardian Holdings rose 6 percent to $308, and could rise further in the weeks ahead, with the visible supply of shares on offer plunging to less than 60,000 units. VM investments gained 6 percent to close at $2.30, while NCB Financial rallied 5 percent to close at $46. QWI investments was the only stock declining, down 1 percent to $0.78.
In the All JSE ICTOP10, Express Catering replaced NCB Financial, while Limners and Bards returned to the Junior Market ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is just 5.4, well below the market average of 13.1. The Junior Market TOP10 stands at 7.1, just under half the market average of 14.2.
In the Main Market ICTOP 10, 18 stocks have the highest values, accounting for 35 percent of the Main Market, with PE ratios between 15 and 40, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 17 stocks or 35 percent of the market have PEs ranging from 15 to 53, with an average of 21 and a PE of 21 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. In some cases, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions in selecting stocks for investments.
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 the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.