Scotia Group head quarters in Kingston.
Scotia Group jumped $6 to end at a new multiple year high of $61 and helped the Jamaica Stock Exchange Main Market to end higher on Monday, trading in 63 securities up from 61on Friday, with prices of 24 rising, 26 declining and 13 ending firm, following an 80 percent drop in the volume of stocks traded with the value 67 percent lower than on Friday.
The market closed with the trading of 5,102,009 shares at $45,848,686 down sharply from 25,420,490 stock units at $137,218,439 on Friday. Trading averaged 80,984 shares at $727,757 compared with 416,729 stocks at $2,249,483 on Friday and month to date, with an average of 243,285 units at $1,716,475 just less than the 257,311 shares that were traded at $1,801,920 on the previous trading day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led the market with 1.37 million shares for 26.8 percent of total volume followed by Wigton Energy with 1.30 million stock units for 25.5 percent of the day’s trade and JMMB Group preferred 7.35% – 2028 with 372,144 units for 7.3 percent of the volume traded.
The All Jamaican Composite Index gained 541.44 points to close at 385,257.95, the JSE Main Index climbed 418.99 points to end at 333,493.25 and the JSE Financial Index popped 0.51 points to end at 69.08. The Investor’s Choice bid-offer indicator shows 14 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 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activity, Caribbean Cement climbed $1.09 to $87 in an exchange of 159,933 stocks, Caribbean Producers fell 69 cents to close at $8.31 with 9,575 stocks clearing the market, Eppley Caribbean Property Fund sank $1.10 to $36.90 following a transfer of 9,738 shares. First Rock Real Estate slipped 95 cents to close at $8.50 with 5,503 stocks crossing the exchange, JMMB Group fell 35 cents to $20.90 with 68,424 stocks changing hands, Mayberry Group shed 83 cents to finish at $7.56 with an exchange of 11,146 stocks. Pan Jamaica rose $3.11 and ended at $54 after 537 units crossed the market, Proven Investments sank $3.10 to $17.90 after an exchange of 6,700 stock units, Sagicor Group lost $1 to close at $39 with investors swapping 5,521 shares. Scotia Group gained $6 to end at a 52 weeks’ closing high of $61 with 50,871 stock units switching owners, after trading at an intraday high of $62, Seprod dropped $1 to close at $84 as investors exchanged 19,018 stocks, 
Supreme Ventures popped 49 cents to finish at $21.99 closing at 4,569 units and Wisynco Group increased 43 cents and ended at $21.88 with investors trading 54,779 shares.
In the preference segment, Eppley 7.75% preferred share declined $3 to $19 with 49 units crossing the market, Jamaica Public Service 7% climbed $1.85 to end at $43.85 with investors dealing in 63 stocks. JMMB Group 7% preferred share dipped 44 cents to close at $2.50 with a transfer of 9,075 stock units, 138 Student Living preference share surged $35.25 to finish at $281.75 trading 14 shares, Productive Business Solutions 10.5% preferred share increased $58.99 to close at $1,113.99 with a mere one unit passing through the market and Sygnus Credit Investments C10.5% slipped 40 cents to $104 with investors trading 139 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 5,783,575 shares for $8,946,780 down from 10,298,749 stock units at $15,816,287 on Friday.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
GWest Corporation rallied 9 cents to 96 cents with investors trading 38,824 stocks, Honey Bun shed 34 cents and ended at $8.06 with 3,999 stock units passing through the market, Indies Pharma increased 52 cents to close at $4.08 as investors exchanged 8,237 shares. JFP Ltd lost 10 cents to finish at 86 cents with 373,990 stocks crossing the market, Knutsford Express climbed $1.40 to end at $13 after a transfer of 1,104 units, Limners and Bards sank 13 cents to close at $1.20 with investors dealing in 777,058 stock units. Main Event dipped 62 cents to $10.87 trading 3,965 shares, Medical Disposables rose 24 cents to finish at $1.89 after an exchange of 526 stock units, Regency Petroleum slipped 10 cents and ended at $3 with 94,635 units clearing the market and Tropical Battery dropped 9 cents to end at $2.50 after an exchange of 290,621 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with the trading of 604,133 shares at $2,439,877 compared with 666,289 stocks at $21,610,825 on Friday. An average of 33,563 shares were traded at $135,549 down from 39,193 units at $1,271,225 on Friday, with trading for the month to date averaging 20,594 shares for $185,951, up from 19,533 units at $190,075 on the previous day and an average for December of 19,548 shares at $423,231.
Angostura Holdings sank 2 cents to $14.83 with 16 shares crossing the market, Calypso Macro Investment Fund gained 15 cents to close at $23.75 after an exchange of 73 units. First Citizens Group rose 93 cents and ended at $42.69 with investors trading 475 stocks, GraceKennedy ended at $3.74 with 547 stock units traded, Guardian Holdings rallied 33 cents to end at $15.25 with investors trading 16 stock units. JMMB Group remained at $1.06 in switching ownership of 57,211 units, L.J. Williams B share popped 1 cent to end at 80 cents with 17,178 changing hands, Massy Holdings slipped 5 cents in closing at $3.85 with investors trading 323,947 shares. National Enterprises rose 2 cents to close at $2.77 with 20,089 units clearing the market, National Flour Mills remained at $1.70 after a transfer of 15,000 stocks, NCB Financial ended at $2.39 in trading 107,225 stock units. 
Prestige Holdings sank 1 cent to $10.99 and closed with an exchange of 2,578 shares, Republic Financial climbed 20 cents and ended at $113.80 with 3,077 stock units being traded, Scotiabank advanced 5 cents in closing at $57.10 after 1,235 units passed through the market. Trinidad & Tobago NGL remained at $4.75 with a transfer of 13,795 stocks, Unilever Caribbean declined 5 cents to end at $11.20 after an exchange of 734 units and West Indian Tobacco popped 4 cents to close at $5.55 with investors dealing in 40,913 stocks.
Only three stocks rose and six declined in the Junior Market ICTOP10 during the week. The Main Market ICTOP10 ended with six stocks gaining and just two declining. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change, with Jamaica Broilers replacing Caribbean Cream. Guardian Holdings with the potential to gain 436 percent continues to hold the number one spot in the market with 138 Student Living at number 2 in the All JSE ICTOP10. Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by Express Catering.
The Main Market ICTOP10 Berger Paints added 13 percent to close at $8.34, Caribbean Producers and Scotia Group rose 6 percent to close at $9 and $55, Key Insurance and QWI Investments propped 5 percent to $2.30 and 90 cents respectively.
In the Junior Market IC TOP10 are 14 stocks, 29 percent of the market, with PEs ranging from 15 to 31 with an average of 21 and a PE of 18 for half of the market with the highest PEs.
The market closed with 25,420,490 shares trading for $137,218,439 compared with 12,971,604 stock units at $78,127,187 on Thursday. Trading averaged 416,729 shares at $2,249,483 compared to 209,219 stocks at $1,260,116 on Thursday and month to date, an average of 257,311 stock units at $1,801,920 compared with 242,754 shares at $1,761,050 on the previous day and December averaging 967,720 stock units at $18,390,902.
At the close of market activity on Friday, AS Bryden dropped $1.80 to finish at $30.20 after an exchange of 15,461 shares, Barita Investments declined 48 cents and ended at $73.50 with investors dealing in 9,711 stock units, Caribbean Cement shed $3.88 to close at $85.91 after exchanging 2,926 shares. Eppley rallied $2 to end at $37 with a transfer of 19 stock units, GraceKennedy sank 68 cents in closing at $74.02 after an exchange of 54,680 shares, Jamaica Broilers skidded $3.29 to close at $37.21 in trading 10,613 stock units. Jamaica Producers fell 95 cents to $23.70 after a transfer of 13,054 units, Jamaica Stock Exchange rose 39 cents to close at $12.99 with traders dealing in 13,854 stocks, Kingston Wharves dropped $2.48 to end at $28.02 with 10,754 units passing through the market. MPC Caribbean Clean Energy fell $5 to finish at a 52 weeks’ low of $65 with investors trading 15 shares, 
NCB Financial advanced 55 cents and ended at $50.75 with 125,859 stock units crossing the market, Pan Jamaica dropped $5.10 to close at $50.89 with investors swapping 3,572 stocks. Seprod declined 60 cents to $85 with 3,652 units changing hands and Supreme Ventures sank 50 cents to close at $21.50 with an exchange of 11,992 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 10,298,749 shares for $15,816,287 compared with 31,160,385 stock units at $41,334,468 on Thursday. Trading averaged 234,062 stocks at $359,461 compared to 677,400 shares for $898,575 on Thursday with the month to date, averaging 334,927 stock units at $603,852 compared with 344,021 shares at $625,888 on the previous day and December that ended with an average of 326,483 stock units at $898,324.
The Junior Market ended trading with an average PE Ratio of 12.9, based on the last traded prices of stocks with earnings projected by ICInsider.com for financial years ending around August 2025.
Express Catering slipped 14 cents to $3.11 with investors swapping 1,947 stock units, Fosrich lost 10 cents to end at $2.15 with 210,984 stocks crossing the exchange, GWest Corporation dipped 9 cents to finish at 87 cents with 491,713 shares switching owners. Honey Bun fell 10 cents to close at $8.40 with 21,884 units clearing the market, Medical Disposables skidded 23 cents to finish at $1.65 in trading 10,763 stock units, Regency Petroleum declined 8 cents and ended at $3.10 after an exchange of 55,064 stock units. Stationery and Office Supplies shed 7 cents to close at $1.49 with investors trading 416,145 shares and tTech popped 45 cents to finish at $2.03 after a transfer of just 28 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 666,289 shares for $21,610,825 up from 199,074 units at $1,260,256 on Thursday. An average of 39,193 shares were traded at $1,271,225 compared with 8,655 stock units at $54,794 on Thursday, with trading month to date averaging 19,533 shares at $190,075 compared with 17,887 stock units at $99,534 on the previous day and an average for December of 19,548 shares at $423,231. The Composite Index gained 2.92 points to end at 1,079.12, the All T&T Index advanced 5.25 points to close at 1,587.22, the SME Index remained unchanged at 92.14 and the Cross-Listed Index popped 0.06 points to conclude trading at 74.93. Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers. At the close of trading, Agostini’s remained at $68, with 43 stocks clearing the market, Angostura Holdings rallied $1.08 to $14.85 and closed with an exchange of 42 units, 
Ansa McAl popped $1.45 to end at $61 after a transfer of 333,466 shares. Endeavour Holdings declined 75 cents in closing at $18 after an exchange of 200 stock units, First Citizens Group rallied 1 cent to $41.76 with investors dealing in 1,774 shares, JMMB Group ended at $1.06 after an exchange of 49,988 stock units. L.J. Williams B share increased 8 cents to 79 cents with 1,015 stocks crossing the market, Massy Holdings climbed 4 cents and ended at $3.90 in an exchange of 151,040 units, National Flour Mills ended at $1.70 with traders dealing in 11,950 shares. NCB Financial remained at $2.39 after an exchange of 41,500 units, Point Lisas ended at $3.28 with investors trading 5,000 stocks, 
Prestige Holdings lost 25 cents to end at $11 in an exchange of 1,767 stock units. Republic Financial rose 60 cents in closing at $113.60 with investors trading 3,714 shares, Scotiabank slipped 5 cents to $57.05 with an exchange of 262 stocks, Trinidad & Tobago NGL remained at $4.75, with 11,520 units crossing the market. Unilever Caribbean sank 5 cents to close at $11.25 in switching ownership of 810 stock units and West Indian Tobacco skidded 3 cents to finish trading at $5.51 after 52,198 shares passed through the market.
The average PE ratio of the market, closed higher at 8.03 up from 7.62, last week based on 2023 earnings compared to 5.51 based on 2024 projected earnings, with the difference being graphically illustrating the market’s current undervalued level and by extension the upside potential ahead.
Investors should watch Prestige Holdings with the potential to gain 85 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.
The market closed with trading in 12,971,604 shares for $78,127,187, down from 14,875,532 stock units at $170,956,270 on Wednesday.
Jamaica Broilers skidded 49 cents and ended at $40.50 in an exchange of 43,693 stocks, Jamaica Producers gained 75 cents to finish at $24.65 in trading 502 shares. Kingston Wharves advanced 50 cents to close at $30.50 with 2,567 stocks crossing the market, Mayberry Group rose 84 cents to close at $8.40 after a transfer of 23,202 stock units, Mayberry Jamaican Equities advanced 62 cents to end at $9.99 with investors dealing in 5,340 stock units. Pan Jamaica rose $5.10 in closing at $55.99 with a mere 5 shares, Proven Investments climbed $3.30 to $20.80 after an exchange of 45,359 stock units, Seprod increased $1.58 to end at $85.60 with a transfer of 2,738 stocks. Sterling Investments rallied 43 cents and ended at $2.80 with 1,776,929 units crossing the exchange, Supreme Ventures gained 85 cents to close at $22 with 8,325 shares switching owners and Sygnus Credit Investments dipped 49 cents to finish at $12.01 after an exchange of 11,582 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 31,160,385 shares for $41,334,468 compared with just 2,502,820 units for just $4,773,077 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
GWest Corporation rose 10 cents and ended at 96 cents with 11,305,076 shares switching owners. Honey Bun rallied 15 cents to close at $8.50 as 7,435 stocks passed through the market, Indies Pharma skidded 56 cents to finish at $3.60 in an exchange of 111,666 units, ISP Finance sank 90 cents to end at $24.05 with investors trading 10 stock units. KLE Group slid 8 cents to $1.20 with 779 shares crossing the market, Paramount Trading popped 14 cents to end at $1.17 with investors trading 14,148 stock units and Regency Petroleum gained 8 cents to close at $3.18 in an exchange of 445,688 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.