Softness continues for Trinidadian stocks


Trading continues to result in a softness on the Trinidad and Tobago Stock Exchange on Thursday, with declining stocks exceeding winners and the volume of stocks traded declined marginally but with a 191 percent more value than on Wednesday, resulting in 22 securities trading up from 18 on Wednesday and ending with prices of six rising, nine declining and seven ending firm after three companies traded at 52 weeks’ lows and one at a one year high.

The market closed with trading in 398,160 shares valued at $4,658,562 compared with 405,143 stock units at $1,598,480 on Wednesday. An average of 18,098 shares were traded at $211,753 versus 22,508 units at $88,804 on Wednesday, with trading month to date averaging 25,403 shares at $118,857 compared to 28,493 units at $79,552 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index slipped 0.35 points to 1,066.73, the All T&T Index rose 0.20 points to end at 1,573.49, the SME Index remained unchanged at 96.65 and the Cross-Listed Index fell 0.13 points to close at 73.40.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl remained at $59.80 with investors trading 600 stock units, Ansa Merchant Bank ended at $40 after an exchange of 1,243 shares, Calypso Macro Investment Fund climbed 5 cents to close at a 52 weeks’ high of $23.75 with 220 units changing hands. CIBC Caribbean Bank sank 19 cents in closing at $7.80 after an exchange of 15,906 stocks, First Citizens Group increased 15 cents to end at $42.10 with 32,262 shares passing through the market, GraceKennedy rose 4 cents to end at $3.74 in switching ownership of 1,293 stocks. Guardian Holdings dropped 1 cent to close at $14.85 with 1,358 stock units crossing the exchange, Guardian Media ended at $1.12 with investors dealing in 2,661 stock units, JMMB Group remained at $1.03 with a transfer of 6,803 shares. L.J. Williams B share dipped 5 cents to finish at a 52 weeks’ low of 75 cents after investors exchanged 1,310 stock units, Massy Holdings advanced 5 cents and ended at $3.95 after 298,120 stocks passed through the market, National Enterprises fell 2 cents to close at $2.69 with an exchange of 80 units. National Flour Mills shed 1 cent to $1.69 with 1,577 stocks changing hands, NCB Financial ended at $2.39 after a transfer of 5,872 shares, One Caribbean Media dropped 5 cents to end at $2.85 with investors trading 1,633 units.  Prestige Holdings remained at $10.75 in an exchange of 155 units, Republic Financial rose 41 cents and ended at $113.31 with 15,964 stocks clearing the market, Scotiabank sank 19 cents to close at a 52 weeks’ low of $55.81 and closed after an exchange of 205 stock units. Trinidad & Tobago NGL skidded 5 cents to a 52 weeks’ low of $4.65 with investors swapping 2,000 shares, Trinidad Cement remained at $2.35 in an exchange of 7,800 stock units, Unilever Caribbean gained 43 cents to end at $11.19 with traders dealing in 88 shares and West Indian Tobacco slipped 11 cents in closing at a 52 weeks’ low of $5.29 with 1,010 stocks being traded.

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

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JSE Main Market stocks pull back


On a light trading session, the Jamaica Stock Exchange Main Market ended with declines in the market indices on Wednesday as Transjamaican Highway snapped up the largest share of the day’s traded volume, after dropping 39 percent, with a 71 percent lower value than on Tuesday, following trading in 58 securities down from 62 on Tuesday, with prices of 20 rising, including Seprod that jumped $4.10 to lead the winners, 23 declining and 15 ending unchanged.

The market closed with 10,786,528 shares being traded at $74,668,059, down from 17,763,087 stock units at $261,676,546 on Tuesday.
Trading averaged 185,975 shares at $1,287,380 compared to 286,501 stocks for $4,220,589 on Tuesday and month to date, an average of 187,760 stock units at $2,060,924 compared with 188,609 shares at $2,428,675 on the previous day and January ending with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.65 million shares for 24.6 percent of total volume followed by Wigton Energy with 2.28 million stocks for 21.1 percent of the day’s trade and Sagicor Select Financial Fund with 1.03 million units for 9.6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,532.52 points to 383,262.39, the JSE Main Index dipped 1,024.19 points to close at 332,094.96 and the JSE Financial Index shed 0.59 points to end at 68.34. The Investor’s Choice bid-offer indicator shows 10 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 15.5. 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, AS Bryden dropped 53 cents to end at $30.07 with a mere 15 shares switching owners, Berger Paints popped 40 cents to close at $8.30 with 12 stocks traded, Caribbean Cement slipped $3.85 to end at $83 after a transfer of 56,963 shares. Eppley sank 48 cents in closing at $36 as investors exchanged 87 stock units, First Rock Real Estate dipped $1.18 to finish at $8.62 with 43,433 shares clearing the market, General Accident lost 44 cents and ended at $6 in an exchange of 83,039 stock units. Guardian Holdings advanced $1.50 to $303 with 787 units changing hands, Jamaica Broilers rose 48 cents to $37.99 with 3,188 stocks crossing the exchange, Jamaica Producers shed $2 and ended at $24 with investors snapping up 300,107 shares. Jamaica Stock Exchange gained 40 cents to close at $13.39 with 426 stock units crossing the market, Kingston Wharves climbed $1.61 to end at $31.50 after an exchange of 4,367 units, Scotia Group increased $1.98 to finish at $56.98 with a transfer of 28,121 stocks. Seprod rallied $4.10 and ended at $89.10 with 13,649 shares passing through the market and Supreme Ventures dropped $1.37 to close at a 52 weeks’ low of $20.08 with traders dealing in 881,804 stock units.

In the preference segment, 138 Student Living preference share rose $43 to close at $270 with 44 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market bounces


The Junior Market of the Jamaica Stock Exchange market index rebounded partially from Tuesday’s near 36 points dip, at the close of market activities on Wednesday, on the back of a 45 percent fall in the volume of stocks traded, accompanied by 46 percent lower value than on Tuesday with trading in 42 securities down from 43 on Tuesday and ending with prices of 12 rising, 20 declining and 10 closing unchanged.

The market closed with trading of 3,096,129 shares for $7,428,101 compared with 5,623,176 units at $13,644,131 on Tuesday.
Trading averaged 73,717 shares at $176,860 compared to 130,772 stocks at $317,305 on Tuesday with the month to date, averaging 90,719 units at $204,649 down from 98,927 stocks at $218,065 on the previous day and January with an average of 350,850 shares at $615,775.
Mailpac Group led trading with 1.16 million shares for 37.4 percent of total volume followed by RA Williams with 410,257 stock units for 13.3 percent of the day’s trade and Lumber Depot with 272,397 stocks for 8.8 percent of the volume traded.
At the close of trading, the Junior Market Index rallied 16.03 points to close trading at 3,755.23, moving the market off the floor with a 0.1 percent rise at the close on Tuesday up to 0.5 percent for the year to date. The Investor’s Choice bid-offer indicator shows three 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 13.4, 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 95 cents and ended at $18 with 209 stock units crossing the market, AMG Packaging slipped 24 cents to $3.01 with investors trading 9,194 shares, Cargo Handlers shed 40 cents in finishing at $11.10 in an exchange of 4 units. Caribbean Assurance Brokers fell 25 cents to close at $2.22 with 8,786 stocks passing through the market, Consolidated Bakeries increased 10 cents to end at $1.97 after an exchange of 38,058 shares, Dolphin Cove lost 98 cents in closing at $18.62 with a transfer of 18,746 stocks. Fontana climbed 49 cents to $9.19 with 23,529 units clearing the market, Fosrich rose 5 cents and ended at $2.29 with investors swapping 16,672 stock units, GWest Corporation slipped 5 cents to close at 85 cents with 26,693 shares crossing the market. Jamaican Teas fell 19 cents to $2.21 with an exchange of 5,223 units, Limners and Bards shed 6 cents in closing at $1.21 with 18,791 stocks changing hands, Lumber Depot declined 10 cents to finish at $2.83 after a transfer of 272,397 stock units. Main Event skidded 59 cents to $10.80 with 707 shares switching owners, Medical Disposables dipped 15 cents to finish at $2.15 with traders dealing in 201 units, Regency Petroleum fell 43 cents and ended at $3.08 in an exchange of 44,885 stocks and Spur Tree Spices gained 5 cents to end at $1.70 with investors trading 1,424 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks mostly rise on the Trinidad Exchange


The Trinidad and Tobago Stock Exchange closed on Wednesday, with the volume of stocks traded declining by 60 percent with a 20 percent lower value than on Tuesday, as was the case on Tuesday, 18 securities were traded with prices of six rising, four declining and eight ending firm.

The market closed with trading of 405,143 shares for $1,598,480 down from 1,022,942 stock units at $2,001,539 on Tuesday. An average of 22,508 shares were traded at $88,804 compared with 56,830 stock units at $111,197 on Tuesday, with trading month to date averaging 28,493 shares at $79,552 compared with 31,662 units at $74,609 on the previous day and an average for January of 17,669 shares at $153,409.
The Composite Index rallied 2.15 points to finish at 1,067.08, the All T&T Index increased 3.88 points to 1,573.29, the SME Index remained unchanged at 96.65 and the Cross-Listed Index advanced 0.04 points to cease trading at 73.53.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s increased by $2 to finish at $68 with 1,602 stock units crossing the exchange, Angostura Holdings climbed 23 cents and ended at $14 with investors trading 500 shares, Ansa McAl remained at $59.80 with 10 stocks crossing the market. Calypso Macro Investment Fund skidded 5 cents to end at $23.70 after an exchange of 217 units, CIBC Caribbean Bank lost 1 cent in closing at $7.99, with 14,127 stocks crossing the market, First Citizens Group rose 5 cents to close at $41.95 as investors exchanged 4,498 shares. GraceKennedy ended at $3.70 clearing the market with 10,000 stock units, Guardian Holdings advanced 1 cent in closing at $14.86 in an exchange of 19,998 units, JMMB Group remained at $1.03 with investors dealing in 200,000 shares. Massy Holdings slipped 4 cents to close at $3.90 with 119,430 stock units passing through the market, National Enterprises popped 2 cents to end at $2.71 in trading 1,500 stocks, National Flour Mills ended at $1.70 and closed with an exchange of 5,000 units. NCB Financial slipped 1 cent to $2.39 with an exchange of 14,117 stocks, One Caribbean Media gained 1 cent to close at $2.90 with 719 units changing hands, Republic Financial remained at $112.90 with a transfer of 290 shares. Scotiabank ended at $56 with investors swapping 439 stocks and West Indian Tobacco ended at $5.40 in an ownership change of 12,196 shares.

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

Kgn Wharves dominates JSE trading


Kingston Wharves captures just over 40 percent of the volume traded and just under 73 percent of the value of stocks traded, leading to a 239 percent jump in the volume of stocks traded and a 656 percent surge in the value over Monday. Trading ended after exchanges in 62 securities up from 60 on Monday, with prices of 23 rising, 22 declining and 17 ending unchanged, with sizable drops in the major indices of the Jamaica Stock Exchange on Tuesday.

The market closed with 17,763,087 shares trading for $261,676,546 up from just 5,247,225 stock units at $34,621,784 on Monday.
Trading averaged 286,501 shares at $4,220,589 well above 87,454 stocks at $577,030 on Monday and for the month to date, an average of 188,609 stock units at $2,428,675 up from 87,454 shares at $577,030 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Kingston Wharves led trading with 7.33 million shares for S190.5 million, with 41.2 percent of total volume followed by Transjamaican Highway which ended with 3.78 million stocks for 21.3 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.66 million stock units for 9.4 percent of the volume traded and Carreras with 1.11 million shares for 6.3 percent of stocks that were traded.
The All Jamaican Composite Index dived 4,149.71 points to settle at 384,794.91, the JSE Main Index dropped 2,999.25 points to finish at 333,119.15 and the JSE Financial Index shed 0.93 points to 68.93. The Investor’s Choice bid-offer indicator shows nine 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 14.7. 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, Berger Paints slipped 40 cents to $7.90 with investors dealing in 4,110 shares, Caribbean Cement rose $4.85 to $86.85 after an exchange of 33,090 stock units, Eppley Caribbean Property Fund gained $1 to end at $38 with a mere one share trading. General Accident popped 42 cents to close at $6.44 with 2,744 stock units crossing the exchange, GraceKennedy increased $1.50 to finish at $73.50 with a transfer of 15,924 shares, Guardian Holdings climbed 50 cents and ended at $301.50 with 721 units passing through the market. Jamaica Broilers lost 49 cents to sit at $37.51 with investors trading 10,116 stocks, Jamaica Stock Exchange sank 43 cents to close at $12.99 with 5,195 stock units crossing the market JMMB Group shed $1 to finish at $21.50 with investors trading 36,486 shares. Kingston Wharves declined $3.61 and ended at $29.89 with an exchange of 7,325,025 stock units, Pan Jamaica advanced 44 cents to end at $56.94 with 426 stock units changing hands, Scotia Group fell $4 to close at $55 with traders dealing in 68,740 units and Seprod dropped 60 cents to $85 with 2,223 stocks switching owners.

In the preference segment, Eppley 7.75% preference share rallied 60 cents to $19.80 with 298 shares crossing the market, Jamaica Public Service 7% sank $4.50 to finish at $36 in trading 152 stock units and 138 Student Living preference share popped $3 and ended at $227 after 10 units were exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market just holds gains 


Trading closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a second day of decline following the run up ahead of the January close and ending with the market index closing marginally above the 2024 close after an 88 percent jump in the volume of stocks traded, valued at 156 percent more than Monday from trading in 43 securities compared with 44 on Monday and ending with prices of 13 rising, 20 declining and 10 closing unchanged with Tropical Battery closing at a 52 weeks’ high and One Great Studio at a 52 weeks’ low.

The market closed with trading of 5,623,176 shares valued at $13,644,131 up from 2,983,475 units at $5,327,523 on Monday. The day’s trading ended with an average of 130,772 shares at $317,305 up from 67,806 stocks at $121,080 on Monday with a month to date average of 98,927 stock units at $218,065 compared to January with an average of 350,850 shares at $615,775.
Jamaican Teas led trading with 1.62 million shares for 28.8 percent of total volume followed by Dolla Financial which ended with 671,762 stock units for 11.9 percent of the day’s trade and Lumber Depot with 601,830 stocks for 10.7 percent of the volume traded.
At the close of trading, the Junior Market Index fell 36.58 points to wrap up trading at 3,739.20, just 0.1 percent ahead of the 2024 close. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
The market ended trading with an average PE Ratio of 13.4, 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 low keyed trading day, Access Financial skidded 95 cents to finish at $17.05 with traders dealing in just 331 stocks, Blue Power sank 7 cents and ended at $5.55 in an exchange of 1,106 units, CAC 2000 shed 50 cents to end at $2.23 with 4,458 shares crossing the market. Consolidated Bakeries popped 18 cents in closing at $1.87 in an exchange of 642 stock units, Elite Diagnostic fell 14 cents to close at $1.70 with 45,957 shares being traded, Express Catering gained 32 cents to end at $3.30 with a transfer of 2,070 units. Fontana slipped 53 cents to $8.70 after an exchange of 27,064 stocks, Fosrich sank 11 cents to end at $2.24 with investors dealing in 46,397 stock units, Honey Bun dipped 9 cents to $8.20 with 3,640 shares crossing the exchange. Indies Pharma lost 8 cents to finish at $3.52 with 14,050 units being traded, Iron Rock Insurance declined 6 cents to close at $4.14 after an exchange of 464 stocks, Jamaican Teas rose 31 cents to close at $2.40 with investors trading 1,620,714 stock units. JFP Ltd dropped 6 cents to 85 cents with 87,205 shares switching owners, Main Event rallied 59 cents to finish at $11.39 as investors exchanged 4,560 stock units, Medical Disposables increased 44 cents and ended at $2.30 after a transfer of 26,106 units. One Great Studio shed 5 cents to end at a 52 weeks’ low of 51 cents with 95,591 stocks changing hands, Spur Tree Spices fell 15 cents in closing at $1.65 with an exchange of 162,633 shares and Stationery and Office Supplies dipped 14 cents to close at $1.55 with 32,990 stocks crossing the market.

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

Trading surges on the Trinidad Stock Exchange


More stocks declined than rose on the Trinidad and Tobago Stock Exchange on Tuesday, with 4 stocks closing at 52 weeks’ lows following a big jump in trading, with the volume of stocks changing hands surging 1,809 percent valued at 274 percent more than the exchanges on Monday resulting in 18 securities trading up from 16 on Monday and ending with prices of four stocks rising, seven declining and seven ended firm.

The market closed with trading of 1,022,942 shares with a value of $2,001,539 up from 53,574 stocks at $535,561 on Monday. An average of 56,830 shares were traded value at  $111,197 compared with 3,348 units at $33,473 on Monday, with trading month to date averaging 31,662 shares at $74,609 compared with an average for January of 17,669 shares at $153,409.
The Composite Index increased 1.14 points to conclude trading at 1,064.93, the All T&T Index slipped 0.80 points to 1,569.41, the SME Index remained at 96.65 and the Cross-Listed Index rose 0.45 points to settle at 73.49.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of market activities, Agostini’s remained at $66 after closing with an exchange of 400 shares, Angostura Holdings shed 72 cents to close at 52 weeks’ low of $13.77 with 1,500 stocks crossing the exchange, CIBC Caribbean Bank ended at $8 after a transfer of 139 shares. First Citizens Group declined 10 cents to end at $41.90 with investors swapping 299 stock units, Guardian Holdings lost 40 cents to close at $14.85 in an exchange of 1,000 shares, JMMB Group increased 1 cent to finish at $1.03 with investors trading 801,261 stocks. L.J. Williams B share slipped 1 cent and ended at a 52 weeks’ low of 80 cents in an exchange of just one unit, Massy Holdings ended at $3.94 with investors trading 158,286 stock units, National Enterprises popped 17 cents to finish at $2.69 in switching ownership of 204 shares. National Flour Mills remained at $1.70 with 12,500 changing hands, NCB Financial rallied 7 cents in closing at $2.40 in trading 819 stocks, Prestige Holdings rose 25 cents to close at $10.75 with 408 stocks crossing the market. Republic Financial ended at $112.90 with trading in 2,031 shares, Scotiabank ended at $56 with 165 stock units clearing the market, Trinidad & Tobago NGL ended at $4.70 with traders dealing in 21,384 units. Trinidad Cement fell 10 cents to finish at a 52 weeks’ low of $2.35 with 254 stocks crossing the market, Unilever Caribbean sank 43 cents and ended at a 52 weeks’ low of $10.76 in trading 500 shares and West Indian Tobacco dipped 12 cents to close at $5.40 after 21,791 stock units passed through the market.

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

Junior Market holds 2025 gains in slippage


Trading plunged sharply on the Junior Market of the Jamaica Stock Exchange on Monday, at the commencement of trading for February, with an 85 percent decline in the volume of stocks traded and an 87 percent drop in value compared with that on Friday following trading in 44 securities as was the case on Friday and ending with prices of 12 rising, 20 declining and 12 closing unchanged, with the market index slipping after crossing 3,800 points in the early morning session, with the movement remaining positive for the year to date.

The market closed with trading of 2,983,475 shares for $5,327,523 compared with 19,286,403 units at $40,628,456 on Friday.
Trading averaged 67,806 shares at $121,080, compared with 438,327 stocks at $923,374 on Friday and an average of 350,850 shares at a value of $615,775 for January.
Kintyre Holdings led trading with 451,123 shares for 15.1 percent of total volume followed by One Great Studio which ended with 437,158 stock units for 14.7 percent of the day’s trade and EduFocal with 418,499 stocks for 14 percent of the volume traded. At the close of trading, the Junior Market Index sank 10.47 points in closing at 3,775.78. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers. The Junior Market ended trading with an average PE Ratio of 13.6, 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, Access Financial dropped 55 cents to $18 with investors trading just 136 stock units, Blue Power popped 7 cents and ended at $5.62 after an exchange of 20,827 shares, CAC 2000 rallied 34 cents to close at $2.73 with trading in 1,225 units. Consolidated Bakeries lost 22 cents in closing at $1.69 with 12,500 stocks passing through the market, Elite Diagnostic gained 8 cents after ending at $1.84 with investors trading 43,495 shares, Everything Fresh rallied 5 cents to close at $2.09 with 4,825 units changing hands, Express Catering dipped 7 cents to close at $2.98 after an exchange of 22,698 stocks. Fontana climbed 13 cents to $9.23 with 2,358 units crossing the market, Fosrich shed 5 cents and ended at $2.35 as investors exchanged 14,477 shares. Future Energy sank 9 cents to close at $3.50 with 47,703 stocks switching owners, Honey Bun rose 21 cents to finish at $8.29 after 26,622 shares passed through the market.  Image Plus sank 5 cents to close at $1.39 with investors dealing in 370,035 stock units, Indies Pharma shed 10 cents and ended at $3.60 in transferring 1,262 units. Jamaican Teas declined 13 cents to close at $2.09 with 120,128 stocks crossing the exchange, Knutsford Express sank $1.48 to end at $12.82 with traders dealing in 3,292 stock units, Main Event slipped 60 cents to $10.80 in an exchange of 14,113 shares and Tropical Battery advanced 25 cents and ended at $2.98 trading 164,824 stocks. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market starts February in the black


The Jamaica Stock Exchange Main Market rallied into February with big gains in the major market indices at the end of trading on Monday with a moderate gain for the year to date, following the decline in January.  Trading dropped well below that on Friday with the volume of stocks exchanged declining 75 percent and the value 84 percent lower than on Friday, following trading in 60 securities up from 58 on Friday, with prices of 15 rising, 30 declining and 15 ending unchanged.

The market closed with 5,247,225 shares trading for $34,621,784 down from 21,163,301 stock units at $212,963,026 on Friday.
Trading averaged 87,454 shares at $577,030 compared to 364,885 stocks for $3,671,776 on Friday and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway was the lead trade with 1.76 million shares for 33.5 percent of total volume followed by Radio Jamaica with 1.10 million units for 21 percent of the day’s trade and Wigton Energy with 423,488 stocks for 8.1 percent of the volume traded.
The All Jamaican Composite Index gained 2,550.43 points to close at 388,944.62, the JSE Main Index advanced 1,899.29 points to finish at 336,118.40 and the JSE Financial Index climbed 0.57 points to end at 69.86. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 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 of trading, AS Bryden climbed $1.10 to close at $30.60 with 155 stocks being traded, Caribbean Cement fell $4.90 to end at $82 as investors exchanged 8,319 stock units, Eppley Caribbean Property Fund sank $1 and ended at $37 with 82 shares crossing the market. GraceKennedy popped $1.98 to finish at $72 with investors swapping 18,304 stock units, Guardian Holdings shed $3 to close at $301 in an exchange of 355 shares, Jamaica Producers dropped $1 to end at $26 with traders dealing in 3,007 stocks. JMMB Group rallied 40 cents to $22.50 in an exchange of 44,517 units, Pan Jamaica sank 47 cents to close at $56.50 with investors trading 2,830 stock units, Proven Investments dipped $1 to end at $18.50 with 373,882 shares crossing the exchange. Scotia Group lost $1 in closing at $59 with a transfer of 23,939 stocks, Seprod rose $1.35 and ended at $85.60 with 6,817 units crossing the market and Stanley Motta advanced 68 cents to finish at $7.42 in trading 493 stock units.

In the preference segment, Jamaica Public Service 7% skidded $2.50 to $40.50 with 448 shares passing through the market, 138 Student Living preference share fell $20.38 to end at $224 with 53 stock units changing hands and Productive Business Solutions 10.5% preference share declined $63 in closing at $1,050 with an exchange of 188 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Big changes for ICTOP10 stocks


Junior Market stocks gained 4 percent for the week and 1.4 percent for January while the Main Market rose by half a percent for the week and finished down at the close of the first month of the year. The changes resulted in 5 stocks producing solid gains and three with notable losses for Junior Market ICTOP10 while the Main Market TOP10 had two gains as five stocks fell.

In the Junior Market ICTOP10, Lumber Depot jumped 15 percent to close at $2.94, AMG Packaging rose 10 percent to $3.26 followed by Access Financial and Limners and Bards with an increase of 9 percent to close at $18.55 and $1.31 respectively while Jamaican Teas gained 7 percent to finish trading at $2.22. Caribbean Assurance Brokers declined by 10 percent to $2.49, Express Catering lost 9 percent to close at $3.05 and Caribbean Flavours fell 5 percent in ending at $1.30.
The JSE TOP10, compiled from all listed ordinary stocks on the JSE, had two changes with JMMB Group and AMG Packaging falling out and replaced by Jamaica Broilers and Lasco Distributors.
Lumber Depot dropped out of the Junior Market ICTOP10 following the B gain during the week and is replaced by Cargo Handlers. Jamaica Broilers returns to the Main Market ICTOP10 with JMMB Group falling out.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.5 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.7.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 278 percent by May 2025, providing better values than the Junior Market, projected to achieve a 151 percent increase for the same time.
In the Main Market ICTOP 10, there are 16 stocks with the highest values representing 30 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 23 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 15 stocks, 31 percent of the market, with PEs ranging from 15 to 33 with an average of 20 and a PE of 18 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 so. 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.