Main Market stocks rise after Easter closure


Stocks recorded gains on the Jamaica Stock Exchange Main Market on Tuesday, with the All Jamaican Composite Index rising 1,277.14 points to 361,766.06, the JSE Main Index climbing 1,927.56 points to close at 314,415.45 and the JSE Financial Index gaining 0.66 points to end at 64.96 as the volume of stocks traded declined 16 percent and the value 29 percent more than on Thursday, following trading in 61 securities compared with 60 on Thursday, with prices of 24 rising, 18 declining and 19 ending unchanged.

The market closed with 11,711,045 shares trading worth $73,006,878 compared to 14,003,097 stock units at $56,426,679 on Thursday.
Trading averaged 191,984 shares at $1,196,834 compared to 233,385 stocks at $940,445 on Thursday and month to date, an average of 1,951,430 shares for $7,985,707, down from 2,094,151 stock units at $8,536,400 on the previous trading day and March with an average of 896,190 shares at $20,804,277.
Transjamaican Highway led trading with 5.60 million shares for 47.8 percent of total volume, followed by QWI Investments, with 2.14 million stocks for 18.3 percent of the day’s trade and Wigton Energy with 2.07 million units for 17.7 percent of market share.
The Investor’s Choice bid-offer indicator shows nine 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 13.1. 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.
At the close of market activities, Caribbean Cement rallied 43 cents to end at $84.30 while trading 2,130 shares, Eppley skidded 83 cents to $32.50,  with an exchange of 2,473 units, Guardian Holdings climbed $19.75 to close at $309.75 with a transfer of 106,215 shares, the largest trade since November last year when 112,030 shares were traded. Jamaica Stock Exchange gained 74 cents and ended at $12.74 with investors swapping 22,566 stock units, JMMB Group popped 40 cents in closing at $20.50 with an exchange of 5,463 stocks, Kingston Wharves advanced 82 cents to finish at $27.10 with 2,294 units crossing the market. Lasco Manufacturing increased 45 cents and ended at $7.50 with investors trading 22,618 stocks, Massy Holdings climbed $1.35 to $79.90 in an exchange of 618 shares, 138 Student Living lost 49 cents to end at $3.21, with 15,641 stock units clearing the market and Proven Investments rose 57 cents in closing at $17.50 as investors exchanged 80,332 shares.
In the preference segment, Jamaica Public Service 7% sank $6.68 to close at $37.82 after a transfer of 72 stock units, JMMB Group 7.15% – 2028 declined 36 cents to $2.60 with investors trading 20,136 stocks. Productive Business Solutions 10.5% preference share rallied $43.99 and ended at $1,043.99 after an exchange of 3 units, Sygnus Credit Investments 10% sank $13.99 to $90.01 with the trading of 400 stock units and Sygnus Credit Investments C10.5% popped $2 to close at $100 with traders dealing in 141 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading drops, prices rise



Trading plunged on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks dropping 40 percent to 4,279,348 shares from 7,176,741 units on Thursday, resulting in a 52 percent drop in value to $6,619,935 compared with $13,887,774 following trading in 43 securities compared with 39. Trading ended with prices of 21 rising, 16 declining and six closing unchanged.

The market closed with an average of 99,520 shares at $153,952, down from 184,019 stocks at $356,097 on Thursday, with the month to date, ending with an average of 178,745 units at $507,345 compared with 184,939 stock units at $534,974 on the previous day and March with an average of 307,021 stock units at $759,432.
Derrimon Trading led trading with 917,851 shares for 21.4 percent of total volume, followed by ONE on ONE Educational, with 812,293 units for 19 percent of the day’s trade and Atlantic Hardware with 486,513 stocks for 11.4 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 17.53 points to close at 3,429.76. The Investor’s Choice bid-offer indicator closed slightly positively, with six stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of market activity, CAC 2000 climbed 21 cents to close at $2.50 after a transfer of just 92 shares, Cargo Handlers fell 10 cents to $11.10 with traders dealing in 699 stock units, Consolidated Bakeries sank 15 cents and ended at $1.65 with 126 shares clearing the market. Derrimon Trading popped 11 cents to finish at $1.90 with investors trading 917,851 units, Dolla Financial rallied 10 cents to end at $2.55 with 98,313 stocks crossing the exchange, Dolphin Cove increased 44 cents in closing at $14.19 with a transfer of 9,061 shares. Elite Diagnostic dipped 21 cents to $1.24 with 8,714 stocks crossing the market, Fontana rose 10 cents and ended at $9.78 in switching ownership of 49,071 units, Future Energy sank 6 cents to finish at $3.13 as investors exchanged 35,240 stock units. GWest Corporation gained 14 cents to close at $1 with 149 shares crossing the market, Honey Bun advanced 34 cents in closing at $8.14 after an exchange of 2,301 stocks, Image Plus declined 11 cents to end at 99 cents following trading of 126,094 units. Iron Rock Insurance rose 68 cents in closing at $3.68 after an exchange of 44 stock units, ISP Finance gained $1.39 to close at $11 after 20 shares were traded, Jetcon Corporation lost 22 cents to close at 93 cents after 11,421 stocks passed through the market. KLE Group skidded 16 cents to end at 92 cents with investors swapping 1,191 units, MFS Capital Partners shed 6 cents to finish at 34 cents in an exchange of 104,328 stock units, One Great Studio popped 9 cents and ended at 43 cents with investors dealing in 56,917 shares. ONE on ONE Educational increased 5 cents to 90 cents in an exchange of 812,293 units, RA Williams dropped 15 cents to close at 51 cents with investors trading 119,371 stocks, Regency Petroleum slipped 5 cents to end at $3.15 with an exchange of 19,765 stock units and Spur Tree Spices sank 7 cents in closing at $1.15 with 138,743 shares changing hands.

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

Innovative Energy creeps into ICTOP10


Innovative Energy shoots into the ICTOP10 stock listings of the Main and combined markets, following solid third quarter profits that lifted earnings for the full year to May to a profit of $99 million for the quarter, with projections by ICInsider.com of 23 cents per share based on an increase of 850 million shares for the year and more for 2026 if the trend continues.

At the end of the last week the Junior Marlet lost 57.58 points for a 1.7 percent decline during the past week, the Junior Marlet TOP10 stocks outperformed the market prices of 6 stocks rising and just two declining, in contrast, the JSE All Jamaica index fell 1.5 percent with prices of 6 stock declining and just one rising.
At the end of a shortened week, the Junior Marlet ICTOP10, Express Catering gained 9 percent to close at $3, following release of solid results for the 9 months to February, with profit for the year to date up 54 percent to US$3.2 million, with the third quarter jumping 67 percent to US$1.77 million. Caribbean Assurance rose 8 percent to $2.69, Limners and Bards rallied 5 percent to $1.15 and Kintyre Holdings popped 4 percent higher to close at 28 cents. Elite Diagnostic fell 6 percent to $1.45.

In the Main Market ICTOP10, Guardian Holdings fell 5 percent to close at $290, it was the only stock to move by this magnitude for the week.
The All JSE ICTOP10 saw Innovative Energy replacing Caribbean Producers, while Limners and Bards fell from the Junior Market ICTOP10. Innovative Energy is the sole addition to the Main Market ICTOP10 in the past week replacing Jamaica Broilers.
The average PE for the JSE Main Market ICTOP 10 is just 5.3, well below the market average of 13.1 and the Junior Market TOP10 stands at 7.1, just under half of the market average of 13.8.
Based on 2024 earnings estimates, the Main Market ICTOP10 is projected to gain an average of 295 percent by May, providing better values than the Junior Market, that is projected to achieve a 210 percent increase for the same period.
In the Main Market ICTOP 10, there are 19 stocks with the highest values accounting for 37 percent of the Main Market, with PEs between 15 and 43, with an average of 21 and a PE of 19 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 22 and a PE of 20 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 receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Trading jumps on the Trinidad Exchange


Rising and declining stocks shared the honours at the end of trading on the Trinidad and Tobago Stock Exchange on Tuesday, following activities in 17 securities compared with 16 on Thursday and ended with six stocks rising, six declining, and five remaining firm. The volume of stocks traded jumped 285 percent and the value 164 percent more than on Thursday.

The market closed with trading of 1,543,720 shares for $6,648,762, up from 400,523 stock units at $2,517,104 on Thursday.
An average of 90,807 shares were traded at $391,104 compared to just 25,033 units at $157,319 on Thursday, with trading month to date averaging 21,327 shares at $141,850, up from 15,833 units at $122,169 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index popped 1.80 points to end at 1,043.94, the All T&T Index climbed 6.51 points to close trading at 1,533.42, the SME Index remained unchanged at 86.66 and the Cross-Listed Index declined 0.45 points to end at 72.80.
Investor’s Choice bid-offer indicator ended with a negative reading of just two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market following the long Easter break, Agostini’s declined 9 cents to end at $68.10 after an exchange of just 4 shares, Angostura Holdings gained 45 cents in closing at $14.50 with investors swapping 81 stocks, Ansa Merchant Bank fell 50 cents to $39.50 with a mere 4 shares clearing the market. CIBC Caribbean Bank sank 5 cents to close at $8.10 with traders dealing in 297 units, First Citizens Group ended at $41.80 as investors exchanged 1,897 stocks, GraceKennedy rose 45 cents to finish at $3.87 with 185,765 shares changing hands. JMMB Group advanced 4 cents and ended at $1.10 with an exchange of 3,446 stocks, Massy Holdings dipped 3 cents to $3.90 with 1,302,202 units crossing the market, National Enterprises remained at $2.50 with a transfer of 1,235 stock units. National Flour Mills shed 5 cents to finish at $1.55 with just one share being traded, NCB Financial ended at $2.30 with investors trading 2,676 stock units, Point Lisas popped 18 cents to close at a 52 weeks’ high of $4.20 with 286 stocks passing through the market. Prestige Holdings slipped 1 cent to $10.98 after the trading of 124 units, Republic Financial climbed $1.24 to $111.99 with investors dealing in 2,967 shares, Scotiabank increased 46 cents in closing at $52.56 in switching ownership of 264 stocks. Trinidad & Tobago NGL ended at $3.32 with investors trading 2,633 units and Unilever Caribbean remained at $12 in an exchange of 39,838 stock units.

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

A week of consolidation for Trinidad stocks


Trading on the holiday-shortened week on the Trinidad and Tobago Stock Exchange ended with a marginal movement in the market indices, with the market closing with only 7 stocks rising and 14 declining.
At the close of the market for the week, the average PE ratio of stocks was higher at 16.29, based on 2024 earnings and 12.9, based on estimates of 2025 earnings, following the updating of forecasted earnings for 2025, suggesting a 29 percent potential gain for stocks in 2025.

Republic Financial suffered a fall of $1.25 for the week.

The past week had gains in Endeavour Holdings of $1.85 to $18, First Citizens Bank rose 30 cents to $41.80, and Point Lisas climbed 52 cents to $4.02. Republic Holdings fell $1.25 to a 52 weeks’ low of $110.75, Guardian Holdings declined 49 cents to $16.50, Ansa McAl ended up dropping 45 cents to $51.55, Angostura Holdings lost 45 cents to end at $14.05, Trinidad and Tobago NGL declined by 68 cents to close at a 52 weeks’ low of $3.32 and Unilever Caribbean ended with a decline of 55 cents to $12. Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 385 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Massy Holdings 50 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent. Investors should watch Prestige Holdings, which could gain 90 percent and Trinidad and Tobago NGL 380 percent.

Pre-Easter day slumber for JSE Main Market


The Jamaica Stock Exchange Main Market closed the shortened week on Thursday, with more decline for the market with trading in 60 securities up from 54 on Wednesday, with prices of 20 rising, 23 declining and 17 ending unchanged following a 46 percent decline in the volume of stocks traded with a 43 percent lower value than Wednesday.

The market closed with trading of 14,003,097 shares for $56,426,679, down from 26,127,733 stock units at $99,012,198 on Wednesday.
Trading averaged 233,385 shares at $940,445, down from 483,847 stocks valued at $1,833,559 on  Wednesday and month to date, an average of 2,094,151 stock units at $8,536,400, from 2,255,489 shares at $9,195,009 on the previous day compared with an average of 896,190 stock units at $20,804,277 in March.
Wigton Energy led trading with 6.77 million shares for 48.4 percent of total volume, followed by Transjamaican Highway that ended with 4.09 million units for 29.2 percent of the day’s trade and JMMB Group 7.35% – 2028 with 407,074 stocks for 2.9 percent of the volume traded.
The All Jamaican Composite Index dropped 809.47 points to close at 360,488.92, the JSE Main Index sank 1,153.08 points to 312,487.89 and the JSE Financial Index slipped 0.32 points to end at 64.30. The Investor’s Choice bid-offer indicator shows 16 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 12.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts for companies with financial year ending around August 2025 done by ICInsider.com.
At the close of the market, Caribbean Cement increased 87 cents to end at $83.87 in trading 16,759 shares, First Rock Real Estate popped 72 cents in closing at $9.25, with 1,395 stock units crossing the market. Guardian Holdings fell $13 to $290 as investors exchanged 1,198 shares. Jamaica Broilers shed 50 cents and ended at $26 after a transfer of 56,772 stocks, Jamaica Producers dropped 40 cents to finish at $23 in trading 50,192 units, Kingston Wharves lost $2.18 to close at $26.28 after 1,495 shares passed through the market. Lasco Manufacturing dipped 42 cents to $7.05 in an exchange of 230,515 stock units, Margaritaville sank 90 cents and ended at $13 with traders dealing in 950 units, MPC Caribbean Clean Energy slipped $1 in closing at $63 with a mere 2 stocks being traded and Sygnus Real Estate Finance gained $1.22 to finish at $9.36 after the trading of 14 shares.
In the preference segment, Eppley 7.75% preference share rose $1.95 to end at $20 in switching ownership of 230 stock units, Jamaica Public Service 7% rallied $4.50 to close at $44.50 with investors swapping 2 stocks and Sygnus Credit Investments C10.5% sank $2.99 to $98 after an exchange of 1,571 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated 

New 1 year low for Junior Market


Trading activity on Thursday on the Junior Market of the Jamaica Stock Exchange resulted in an 8 percent increase in volume of stocks traded, with a 22 percent greater value than on Wednesday, following a drop to 39 securities being traded, down from 43 on Wednesday and ending with prices of just eight rising, 17 declining and 14 closing unchanged after three stocks hit 52 weeks’ lows during the trading session as the market index closed at a new yearly low.

The market closed with trading of 7,176,741 shares for $13,887,774, up from 6,649,966 stock units at $11,415,609 on Wednesday.
Trading averaged 184,019 shares at $356,097 compared with 154,650 stocks at $265,479 on Wednesday, with the month to date, averaging 184,939 units at $534,974 in line with 185,009 stocks at $548,626 on the previous day and March with an average of 307,021 stock units at $759,432.
One Great Studio led trading with 1.77 million shares for 24.6 percent of the total volume, followed by Lasco Financial with 1.05 million units for 14.6 percent of the day’s trade and Indies Pharma with 753,672 stocks for 10.5 percent of th volume traded.
At the close of trading, the Junior Market Index declined 36.99 points to 3,412.23, the lowest in more than a year. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and none with a lower offer, a positive signal for opening on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the last day before the long Easter break for trading, Dolla Financial slipped 5 cents to finish at $2.45 with an exchange of 57,765 shares, Dolphin Cove sank 83 cents to end at $13.75 with 17,874 units crossing the market, Express Catering traded 87,645 shares and closed unchanged at $3, after the stocks traded at a 52 weeks’ intraday low of $2.41 that triggered the circuit breaker, with trading in the stock suspended until 11.30. Honey Bun declined 20 cents and ended at $7.80 in trading 652,212 stocks. Iron Rock Insurance lost 70 cents in closing at $3 with 2,172 shares crossing the market, Jamaican Teas dipped 6 cents to close at $2.29 in switching ownership of 301,647 stock units, Jetcon Corporation rallied 22 cents to end at $1.15 trading just 103 shares. Knutsford Express sank 40 cents to $12.50 as investors exchanged 28 stock units, Mailpac Group rose 9 cents to finish at $2.39 after a transfer of 7,169 stocks, Medical Disposables skidded 31 cents and ended at $1.34 with traders dealing in 10,315 units. One Great Studio fell 6 cents in closing at a 52 weeks’ low of 34 cents in an exchange of 1,765,573 stocks, Spur Tree Spices shed 9 cents to close at a 52 weeks’ low of $1.22 with investors dealing in 400,685 shares and Tropical Battery climbed 10 cents to end at $2.10 with 107,559 stock units clearing the market.

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

Winners edged losers on Trinidad Exchange


Rising stocks edged out losers on the Trinidad and Tobago Stock Exchange on Thursday, following a 195 percent jump in the volume of stocks traded as the value surged 194 percent over trading on Wednesday resulting in 16 securities trading up from 14 on Wednesday and ending with prices of six stocks rising, four declining and six ending firm.

The market closed after trading 400,523 shares, with a value of $2,517,104, from 135,700 units at $856,763 on Wednesday.
An average of 25,033 shares were traded at $157,319, up from 9,693 units at $61,197 on Wednesday, with trading month to date averaging 15,833 shares at $122,169 compared to 15,094 units at a value of $119,345 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index shed 2.81 points to settle at 1,042.14, the All T&T Index fell 1.88 points to end at 1,526.91, the SME Index declined 5.19 points to wrap up trading at 86.66 and the Cross-Listed Index lost 0.53 points to close at 73.25.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini’s climbed $1.15 to end at $68.19 after an exchange of 1,460 shares, Ansa McAl remained at $51.55 with investors trading 270 stocks, CIBC Caribbean Bank ended at $8.15 and closed with an exchange of 8,995 shares. Endeavour Holdings increased $1.85 and ended at $18 as 493 stock units passed through the market. First Citizens Group popped 30 cents to close at $41.80 as investors exchanged 7,343 units, GraceKennedy dipped 27 cents in closing at $3.42 with 124,342 stocks crossing the market. Guardian Holdings ended at $16.50 in an exchange of 38 units, JMMB Group remained at $1.06 with 111,400 shares crossing the market, Massy Holdings rallied 4 cents to finish at $3.93 with a transfer of 85,307 stock units. National Enterprises skidded 11 cents and ended at $2.50 after an exchange of 17,628 shares, NCB Financial remained at $2.30 with trading of 6 stocks, Prestige Holdings ended at $10.99 after a transfer of 490 units. Republic Financial rose 12 cents to $110.75 with 6,024 stock units crossing the exchange, Scotiabank advanced 10 cents in closing at $52.10 with investors dealing in 3,633 shares, Trinidad & Tobago NGL lost 9 cents to close at a 52 weeks’ low of $3.32 with 20,476 units changing hands and Unilever Caribbean shed 60 cents to finish at $12 with an exchange of 12,618 stocks.

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

Junior Market rose as trading jumped


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 72 percent rise in the volume of stocks traded, valued at 25 percent more than on Tuesday, following trading in 43 securities up from 41 on Tuesday and ending with prices of 17 rising, 18 declining and eight closing unchanged.

The market closed with trading of 6,649,966 shares for $11,415,609, up from 3,857,400 stock units at $9,117,312 on Tuesday.
Trading averaged 154,650 shares at $265,479 compared with 94,083 stocks worth $222,373 on Tuesday, with the month to date, averaging 185,009 units at $548,626, in line with 187,798 shares at $574,642 on the previous day and March that ended with an average of 307,021 shares at $759,432.
EduFocal led trading with 1.75 million shares for 26.3 percent of the total volume, followed by Lumber Depot with 1.21 million stocks for 18.1 percent of the day’s trade and Indies Pharma with 1.10 million units for 16.5 percent of the day’s trade.
At the close of trading, the Junior Market Index rallied 25.62 points to close at 3,449.22. The Investor’s Choice bid-offer indicator shows eight 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 13.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of trading on wednesday, Caribbean Assurance Brokers fell 5 cents to end at $2.69 after transferring 1,755 shares, Caribbean Cream increased 30 cents in closing at $2.50 with investors trading 2,209 stock units, Consolidated Bakeries rose 15 cents to end at $1.80 with 1,000 shares changing hands. Dolphin Cove dipped 12 cents to close at $14.58 in an exchange of 31,014 stocks, Elite Diagnostic lost 10 cents and ended at $1.45 after trading of 8,559 units, Express Catering popped 5 cents to finish at $3 with a transfer of 35,364 stocks. Fontana shed 5 cents to close at $9.70 after an exchange of 28,530 units, GWest Corporation sank 8 cents to end at 86 cents with investors dealing in 490 shares, Honey Bun advanced 6 cents in closing at $8 after an exchange of 6,674 stock units. Image Plus rose 11 cents and ended at $1.12 with 230,308 shares clearing the market, Iron Rock Insurance rallied 30 cents to close at $3.70 as investors exchanged 12 stock units, ISP Finance declined $1.40 to finish at a 52 weeks’ low of $9.60 with 1,809 stocks crossing the market, Jamaican Teas fell 5 cents and ended at $2.35 with traders dealing in 4,500 units, Knutsford Express gained 90 cents to end at $12.90 with 808 shares crossing the market, Lumber Depot dropped 24 cents to end at $2.80 with an exchange of 1,205,500 units. MFS Capital Partners popped 5 cents in closing at 40 cents with 200 stocks changing hands, One Great Studio slipped 8 cents to finish at a 52 weeks’ low of 40 cents with 248,100 stock units crossing the exchange, RA Williams increased 7 cents to close at 67 cents in switching ownership of 7,500 shares. Regency Petroleum skidded 5 cents to $3.20 with investors trading 12,581 units, Stationery and Office Supplies climbed 8 cents in closing at $1.54 after 3,507 stocks passed through the market and Tropical Battery lost 12 cents to close at $2 in trading 162,200 stock units.

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

Trading climbs on the JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 97 percent, valued 67 percent more than on Tuesday, with trading in 54 securities down from 57 on Tuesday, with prices of 21 rising, 21 declining and 12 ending unchanged.

The market closed with 26,127,733 shares trading for $99,012,198, up from just 13,296,040 stock units at $59,268,535 on Tuesday.
Trading averaged 483,847 shares at $1,833,559 compared to 233,264 stocks at $1,039,799 on Tuesday and month to date, an average of 2,255,489 units at $9,195,009 from 2,405,440 shares at $9,818,079 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 18.32 million shares for 70.1 percent of total volume followed by Wigton Energy with 3.92 million units for 15 percent of the day’s trade and Sagicor Select Financial Fund with 906,391 stocks for 3.5 percent of the volume traded.
The All Jamaican Composite Index sank 1,084.28 points to close at 361,298.39, the JSE Main Index shed 1,303.18 points to wrap up trading at 313,640.97 and the JSE Financial Index shed 0.37 points to close at 64.62. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.3. 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 conclusion of trading, AS Bryden fell $1.20 to $28.75 with investors trading just one share, Barita Investments popped 48 cents to $71.48 and closed with an exchange of 2,790 stock units, Caribbean Cement climbed $2.70 to finish at $83 with traders dealing in 7,085 shares. Eppley Caribbean Property Fund rose $1.95 and ended at $39.45 with 4,202 units clearing the market, First Rock Real Estate skidded 91 cents in closing at $8.53 in trading 249 stocks, Guardian Holdings sank $3 to end at $303 after a transfer of 2,258 shares. Jamaica Producers rallied 40 cents in closing at $23.40 with investors swapping 301,224 stocks, Jamaica Stock Exchange slipped 72 cents to $12.03 with 2,500 units changing hands, Kingston Wharves increased $2.24 to close at $28.46 after 2,089 stock units passed through the market.  Lasco Manufacturing advanced 38 cents to end at $7.47 with investors trading 11,471 shares, Massy Holdings sank $1.43 to finish at $78.55 with 132 stock units crossing the market, Pan Jamaica declined $3.50 and ended at $53.50 after an exchange of 6,254 stocks. Sagicor Real Estate Fund gained 65 cents to close at $8.65 with 205 units crossing the market, Scotia Group shed $1.48 to close at $52.52 after an exchange of 8,194 shares, Sygnus Credit Investments shed 43 cents to finish at $11.47 in trading 15,005 units and Sygnus Real Estate Finance lost $1.36 and ended at $8.14 with an exchange of 21 stocks.
In the preference segment, Sygnus Credit Investments 10% preferred share popped $4 in closing at $104, with investors dealing in 103 stock units and Sygnus Credit Investments C10.5% advanced $5.99 to end at $100.99 in switching ownership of 104 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.