Fluid trading on Trinidad Exchange


There were widespread price movements in trading on the Trinidad and Tobago Stock Exchange on Thursday, resulting from activity in 23 securities up from 16 on Wednesday and ending with prices of nine stocks rising, seven declining and seven ending firm, with the volume of stocks traded, increasing 174 percent with an 18 percent rise in value over Wednesday.

The market closed with trading of 199,074 shares for $1,260,256 compared to 72,559 stock units at $1,069,494 on Wednesday.
An average of just 8,655 shares were traded at $54,794 versus a mere 4,535 units at $66,843 on Wednesday, with trading month to date averaging 17,887 shares at $99,534 compared to 19,066 units at $105,251 previously and an average for December of 19,548 shares at $423,231.
The Composite Index sank 0.06 points to close at 1,076.20, the All T&T Index skidded 1.71 points to 1,581.97, the SME Index declined 0.44 points to 92.14 and the Cross-Listed Index gained 0.24 points to finish at 74.87.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s ended at $68 with 611 stocks crossing the market, Angostura Holdings shed $1.08 to end at a 52 weeks’ low of $13.77 with investors trading 2,539 units, Ansa McAl remained at $59.55 in switching ownership of 1,337 shares. CIBC Caribbean Bank popped 5 cents to finish at $8.25 with investors trading 379 stock units, CinemaOne remained at $5.50 in an exchange of 100 shares, Endeavour Holdings gained 75 cents to close at a 52 weeks’ high of $18.75 with traders dealing in 100 stock units. First Citizens Group ended at $41.75 as investors exchanged 302 stocks, GraceKennedy rose 4 cents to finish at $3.74 in trading 12 units, Guardian Media lost 1 cent and ended at $1.13 after an exchange of 500 shares. JMMB Group advanced 1 cent in closing at $1.06 with a transfer of 37 units, L.J. Williams B share rallied 3 cents to end at 71 cents after 500 stocks were traded, Massy Holdings slipped 2 cents to close at $3.86 with an exchange of 61,634 stock units. National Enterprises sank 1 cent to $2.75 after 410 shares passed through the market, National Flour Mills remained at $1.70 in an exchange of 6,864 stocks, NCB Financial ended at $2.39 with a transfer of 40,000 stock units, Prestige Holdings dropped 4 cents to finish at $11.25 with 160 shares changing hands, Republic Financial fell 59 cents to close at $113 after an exchange of 2,430 units. Scotiabank declined 40 cents to $57.10 with investors swapping 2,607 stocks, Trinidad & Tobago NGL added 5 cents to end at $4.75 with 9,430 stock units crossing the market, Trinidad Cement rose 20 cents in closing at $2.50 with 100 shares being traded. Unilever Caribbean ended at $11.30 and closed with an exchange of 2,639 units and West Indian Tobacco rallied 3 cents and ended at $5.54 with 16,383 stocks clearing the market.

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

Steep drop in Junior Market trading


Investors expended 40 percent less funds trading 47 percent fewer shares on Wednesday than they did on Tuesday on the Junior Market, resulting in the trading of 46 securities, down from 43 on Tuesday and ending with prices of 16 rising, 21 declining and nine closing unchanged leaving the Junior Market Index to squeeze out a meagre gain of 1.29 points to settle at 3,676.17.

The market closed with trading of 2,502,820 shares for $4,773,077, down from 4,711,914 stock units at $7,694,366 on Tuesday.
Trading averaged 54,409 shares at $103,763 down from 109,579 stocks at $178,939 on Tuesday with the month to date, averaging 309,326 stock units at $597,508 compared to 338,937 shares at $654,863 on the prior day with an average of 326,483 shares at $898,324 during December.
ONE on ONE Educational led trading with 695,833 shares for 27.8 percent of total volume followed by Everything Fresh which ended with 509,716 stock units for 20.4 percent of the day’s trade and Kintyre Holdings with just 219,010 stocks for 8.8 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows eight 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, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close, AMG Packaging sank 8 cents to end at $3.30 with 7,081 shares in switching owners, Elite Diagnostic dipped 13 cents to close at $1.67 with investors trading 13,631 stocks, Everything Fresh fell 26 cents to $1.84 with 509,716 shares clearing the market. Express Catering gained 11 cents and ended at $3.11 with investors swapping 24,985 stock units, Honey Bun declined 7 cents to finish at $8.35 in an exchange of 7,787 shares, Indies Pharma popped 26 cents to close at a record high of $4.16 with traders dealing in 98,199 stocks. Iron Rock Insurance lost 30 cents to end at $4 after an exchange of 2,000 units, Knutsford Express slipped 15 cents to finish at $11.60 with investors trading 10,159 stock units,  Lumber Depot sank 7 cents and ended at $2.52 after an exchange of 22,580 shares. Main Event increased 69 cents to finish at $11.50 with 493 units passing through the market, Medical Disposables climbed 23 cents to close at $1.88 with an exchange of 14,004 stocks, Omni Industries rose 7 cents to end at $1.08 to close with an exchange of 26,630 stock units. Paramount Trading shed 11 cents to close at $1.03 as investors traded 32,108 shares, Regency Petroleum dropped 9 cents to $3.10 after a transfer of 14,234 units and tTech skidded 33 cents to end at $1.58 with 10,030 stocks crossing the exchange.

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

Trinidad Exchange ends fairly steady


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in the trading of 16 securities, down from 21 on Tuesday and ending with prices of just two rising, six declining and eight ending firm and the market indices ending with just marginal changes following a 60 percent drop in the volume traded valued 50 percent lower than on Tuesday.

The market closed with trading of 72,559 shares for $1,069,494 dropping from 182,013 stocks at $2,158,732 on Tuesday. An average of 4,535 shares were traded at $66,843 compared with 8,667 units at $102,797 on Tuesday, with trading month to date averaging 19,066 shares at $105,251 compared with 20,484 units at $108,998 on the previous trading day and an average of 19,548 stock units at $423,231 for December.
The Composite Index rose 0.14 points to close trading at 1,076.26, the All T&T Index popped 1.0 points to end at 1,583.68, the SME Index remained at 92.58 and the Cross-Listed Index shed 0.12 points to end at 74.63.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Angostura Holdings ended at $14.85, with 249 shares crossing the market, Ansa McAl remained at $59.55 with investors trading 718 stock units, Calypso Macro Investment Fund ended at $23.60 with 400 shares changing hands. First Citizens Group closed at $41.75 with 400 stock units crossing the exchange, GraceKennedy declined 5 cents and ended at $3.70 with investors trading 2,250 shares, JMMB Group lost 2 cents to end at a 52 weeks’ low of $1.05 with 2,907 stocks clearing the market. Massy Holdings rallied 2 cents in closing at $3.88 in an exchange of 10,606 units, National Enterprises dipped 1 cent to $2.76 after 10,009 stock units passed through the market, National Flour Mills ended at $1.70 as investors exchanged 3,136 shares. NCB Financial remained at $2.39 after investors traded 13,034 units, Republic Financial fell 1 cent and ended at $113.59 after a transfer of 6,555 stocks, Scotiabank rose 50 cents to close at $57.50, with 500 stock units crossing the market. Trinidad & Tobago NGL ended at $4.70 in switching ownership of 15,807 shares, Trinidad Cement slipped 20 cents in closing at $2.30 with investors dealing in 3,000 stock units, Unilever Caribbean remained at $11.30 after closing with an exchange of 1,461 units and West Indian Tobacco sank 4 cents to finish at a 52 weeks’ low of $5.51 with investors swapping 1,527 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market bounces


Market activity jumped on the Junior Market of the Jamaica Stock Exchange on Tuesday, with 41 percent more funds coming into the market resulting in a 58 percent hike in the volume of stocks traded over Monday with trading slipped to 43 securities from 44 on Monday, ending with prices of 16 rising, 19 declining and eight closing unchanged with the market index gaining 15.63 points to close at 3,674.88.

The Investor’s Choice bid-offer flashed negative indicators at the close with just two stocks ending with bids higher than their last selling prices and seven with lower offers.
Trading ended with an exchange of 4,711,914 shares for $7,694,366 up from 2,977,846 units at $5,466,817 on Monday. Trading closed with an average of 109,579 shares valued at $178,939 compared with 67,678 stocks at $124,246 on Monday with a month to date, ending with an average of 338,937 stock units at $654,863 compared to 366,876 shares at $712,836 on the previous day and December with an average of 326,483 shares at $898,324.
Omni Industries led trading with 1.04 million shares for 22 percent of total volume followed by Derrimon Trading which ended with 804,617 stock units for 17.1 percent of the day’s trade and Kintyre Holdings with 800,712 stocks for 17 percent of the volume traded.
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 the financial years ending around August 2025.
At the close of trading, Blue Power declined 10 cents to $5.40 with 379 shares changing hands, Caribbean Assurance Brokers popped 20 cents to end at $2.80 after trading 6,134 stocks, Caribbean Flavours shed 21 cents to close at $1.21 with traders dealing in 971 stocks. Derrimon Trading fell 8 cents to finish at $1.82 with 804,617 shares crossing the market, Elite Diagnostic gained 15 cents and ended at $1.80 with investors dealing in 20,188 stock units, Fosrich rose 15 cents to close at $2.30 with 122,100 shares crossing the exchange. Indies Pharma climbed 22 cents to a record close of $3.90 with investors trading 69,888 stock units, Iron Rock Insurance increased 30 cents to end at $4.30 with 189 stocks clearing the market, KLE Group rallied 20 cents in closing at $1.30 with investors swapping 101 shares. Knutsford Express dipped $1.04 to finish at $11.75 in an exchange of 3,049 stock units, Main Event lost 99 cents and ended at $10.81 with 50,194 stocks passing through the market, Regency Petroleum advanced 9 cents to close at $3.19 with investors trading 236,241 shares. Spur Tree Spices popped 23 cents to $1.90 after an exchange of 80,828 stock units and tTech increased 21 cents to finish at $1.91 with a transfer of 3,058 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Carreras dominates Main Market for 2nd day


Carreras, buoyed by a big surge in third quarter profits and a hike in dividends is enjoying a renaissance of increased investors’ interest and ending with the stock being the dominant trade for a second consecutive day, with just under 30 percent of the day’s volume that dropped 42 percent on the Jamaica Stock Exchange Main Market on Tuesday, along with a 55 percent drop in value from that on Monday, following trading in 62 securities compared with 63, with prices of 18 rising, 30 declining and 14 unchanged and resulting in a fall in market value with declines in the major Indices.

The All Jamaican Composite Index fell 2,080.97 points to close at 380,595.30, the JSE Main Index sank 1,376.79 points to conclude trading at 329,739.81 and the JSE Financial Index fell 0.27 points to conclude trading at 67.01.
The Investor’s Choice bid-offer indicator is showing eight stocks ending with bids higher than their last selling prices and three with lower offers.
The market closed with 7,781,071 shares trading for $51,965,822 compared with 13,403,146 stock units at $115,867,880 on Monday. Trading averaged 125,501 shares at $838,158 compared to 212,748 stocks at $1,839,173 on Monday and month to date, an average of 245,543 units at $1,695,243 compared with 260,889 shares at $1,804,808 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Carreras ended with an exchange of 2.27 million shares for 29.2 percent of total volume followed by Wigton Energy with 2.19 million stocks for 28.2 percent of the day’s trade and Transjamaican Highway with 1.01 million stock units for 13 percent of the market share.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the Main Market, Barita Investments increased by 35 cents to $74 with 2,430 stock units changing hands, Berger Paints fell 87 cents and ended at $7.50 with a mere 166 shares passing through the market, Caribbean Cement popped $1 to end at $89 after an exchange of 5,290 stocks. Eppley Caribbean Property Fund sank $2.69 to close at $37.31 with a transfer of 352 stock units, GraceKennedy skidded 95 cents to finish at $74 with investors dealing in 27,535 stocks, Guardian Holdings rallied $10 to close at $308 with 264 units crossing the market. Jamaica Stock Exchange rose 47 cents to $12.99 in trading 1,873 shares, Kingston Properties gained 66 cents and ended at $8.92 with 1,613 stock units crossing the market, Kingston Wharves lost $1 to end at $30.90 with trading in 5,477 shares. Massy Holdings dropped $3 in closing at $84 with an exchange of 1,571 stocks, 138 Student Living shed 49 cents to finish at $3.81 and closed with a mere one unit being traded, Pan Jamaica declined $6.85 to close at $50.12 as investors exchanged 1,703 stock units. Proven Investments climbed 80 cents to $19.60 after a transfer of 4,945 shares, Scotia Group sank 80 cents to finish at $54 with investors trading 6,145 stocks, but the supply of this stock has virtually dried with few shares on offer currently. Seprod advanced $2 and ended at $86 in an exchange of 865 units and Wisynco Group slipped 56 cents to end at $21.02 with 25,115 stock units clearing the market.
In the preference segment, Jamaica Public Service 9.5% dipped $6 in closing at $2,690 in an exchange of 7 shares and 138 Student Living preferred share rose $21.25 to close at $246.50 with investors swapping 6 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on Trinidad Exchange


Trading dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks declining 60 percent and the value, 29 percent lower than on Monday resulting from an exchange of 21 securities up from 17 on Monday and ending with prices of four rising, eight declining and nine ending firm resulting in declines for the market indices.

The market closed with trading of 182,013 shares valued $2,158,732 down from 455,330 stock units at $3,025,118 on Monday.
The average trade for the day amounts to 8,667 stock units at $102,797 compared with 26,784 units at $177,948 on Monday, with trading month to date averaging 20,484 shares at $108,998 versus 22,219 units at $109,908 on the previous day and an average for December with 19,548 shares at $423,231.
The Composite Index slipped 0.77 points to end at 1,076.12, the All T&T Index fell 1.10 points to finish at 1,582.61, the SME Index remained unchanged at 92.58, while the Cross-Listed Index shed just 0.06 points to close at 74.75.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s rallied $1.10 to $68 with investors swapping 1,466 stock units, Angostura Holdings remained at $14.85, with 50 shares crossing the exchange, Ansa McAl ended at $59.55 with investors dealing in 782 stocks. Calypso Macro Investment Fund sank 7 cents and ended at $23.60 after 1,100 units crossed the market, CIBC Caribbean Bank lost 5 cents to close at $8.20 as investors exchanged 2,000 stocks, Eric Solis Marketing remained at $4.26 with just 2 units passing through the market. First Citizens Group ended at $41.75 in an exchange of 609 shares, Guardian Holdings slipped 8 cents to end at $14.92 with traders dealing in 22,702 stock units, Guardian Media sank 1 cent and ended at $1.14 after an exchange of 10 shares. JMMB Group declined 3 cents to close at a 52 weeks’ low of $1.07 with 9,930 stocks crossing the market, Massy Holdings fell 4 cents to finish at $3.86 after a transfer of 85,920 units, National Enterprises ended at $2.77 after trading 3,780 stock units. National Flour Mills rose 4 cents to $1.70 and closed with an exchange of 17,006 shares, One Caribbean Media dipped 29 cents to finish at a 52 weeks’ low of $2.70 with investors trading 2,189 units, Point Lisas gained 8 cents and ended at $3.28 with 1,180 stocks clearing the market. Prestige Holdings popped 4 cents to end at $11.29 in switching ownership of 1,200 stock units, Republic Financial remained at $113.60 with investors exchanging 1,735 shares, Scotiabank shed 10 cents to close at $57 in an exchange of 16,252 stocks. Trinidad & Tobago NGL ended at $4.70 with 8,175 units changing hands, Unilever Caribbean remained at $11.30 in trading 200 stock units and West Indian Tobacco remained at $5.55 after an exchange of 5,725 shares.

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

Stocks tumbled on Junior Market


Stocks mostly tumbled on the Junior Market of the Jamaica Stock Exchange in a low keyed trading session on Monday with Edufocal contributing of a quarter of the volume of shares traded following activities in 44 securities up from 41 on Friday and ending with prices of 10 rising, 26 declining and eight closing unchanged.

The market activity ended with trading of 2,977,846 shares for $5,466,817 from 4,970,864 units at $9,913,313 on Friday.
Trading averaged 67,678 shares at $124,246 down from 121,241 stocks valued at $241,788 on Friday with a month to date, average of 366,876 stock units at $712,836 compared to 409,480 stock units at $796,649 on the previous day and December with an average of 326,483 shares at $898,324.
EduFocal led trading with 757,417 shares for 25.4 percent of total volume followed by Dolla Financial which ended with 522,272 stock units for 17.5 percent of the day’s trade and Fosrich with 315,778 stocks for 10.6 percent of the volume traded.
At the close of trading, the Junior Market Index shed 39.03 points to finish at 3,659.25. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
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.
At the close of the market activity, Caribbean Assurance Brokers dropped 20 cents and ended at $2.60 with 23,692 stocks crossing the exchange, Caribbean Flavours increased by 21 cents to $1.42 with an exchange of 1,741 stock units, Consolidated Bakeries shed 7 cents to finish at $1.92 after 810 shares were traded. Dolphin Cove sank 10 cents to $19.50 in an exchange of 4,023 stock units, Elite Diagnostic slipped 24 cents to end at $1.65 with 55,424 shares crossing the market, Everything Fresh climbed 25 cents to close at $2.10 with investors dealing in 11,214 units. Express Catering fell 24 cents to $3.01 with investors trading 4,051 stocks, Fontana declined 16 cents to finish at $8.01 in an exchange of 35,713 stock units, Fosrich lost 12 cents and ended at $2.15 with investors trading 315,778 shares. GWest Corporation skidded 7 cents to end at 90 cents after an exchange of 2,730 stocks, Honey Bun popped 17 cents in closing at $8.42 with 5,795 units crossing the market, Knutsford Express sank 21 cents to close at $12.79 after a transfer of 4,613 stock units. Main Event dipped 20 cents to $11.80 with investors swapping a mere 671 shares, Regency Petroleum fell 9 cents and ended at $3.10 with a transfer of 191,749 stocks, Spur Tree Spices sank 22 cents in closing at $1.67 after 155,177 units passed through the market and tTech dropped 30 cents to end at $1.70 with an exchange of 25,829 stock units.

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

Carreras grabs JSE Main Market share


Carreras led trading as market activity picked on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks exchanged rising 57 percent and the value 84 percent more than on Friday, with trading in 63 securities compared with 55 on Friday, with prices of 17 rising, 28 declining and 18 ending unchanged.

The market closed with an exchange of 13,403,146 shares at $115,867,880 compared to 8,555,361 stock units for $62,855,712 on Friday.
Trading averaged 212,748 shares at $1,839,173 well ahead of the 155,552 stocks at $1,142,831 on Friday and month to date, an average of 260,889 units at $1,804,808 compared with 268,076 shares at $1,799,678 on the previous trading day and December with an average of 967,720 stocks  valued at $18,390,902.
Carreras, the volume leader traded 5.21 million shares for 38.9 percent of the days trades, followed by Wigton Energy with 2.60 million stock units for 19.4 percent of the day’s volume and Transjamaican Highway with 2.19 million units for 16.4 percent of market share.
The All Jamaican Composite Index sank 2,510.01 points to close trading at 382,676.27, the JSE Main Index dropped 2,603.40 points to settle at 331,116.60 and the JSE Financial Index dipped 0.45 points to wrap up trading at 67.28. 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 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 the market, AS Bryden gained $1.45 to close at $32 in an exchange of 16,047 shares, Berger Paints rose $1.01 to $8.37 with a mere 681 stocks passing through the market, Caribbean Cement shed 99 cents and ended at $88 after an exchange of 23,287 shares. Caribbean Producers sank 35 cents in closing at $8.15 after investors ended trading 578,727 stock units, Eppley fell $4 to finish at $33 as 755 shares were exchanged, Guardian Holdings slipped $11 to end at $298 with 9,295 stocks changing hands. Jamaica Producers sank 65 cents to $23.70 after an exchange of 25,235 units, Jamaica Stock Exchange dropped 86 cents to $12.52 with investors trading 6,341 stock units, Kingston Properties lost 66 cents to finish at $8.26 with 15,160 shares crossing the exchange. Kingston Wharves declined $1.25 and ended at $31.90 with investors dealing in 41,897 units, Massy Holdings rallied $3 to end at $87 with 1,324 stocks crossing the market, Mayberry Jamaican Equities popped 80 cents to close at $10 with investors swapping 1,176 stock units. NCB Financial skidded 35 cents to $50.65 with 25,544 shares clearing the market, Pan Jamaica dipped 92 cents to finish at $56.97 after closing with an exchange of 1,788 units, Sagicor Group lost 60 cents and ended at $40 with 14,788 stocks switching owners. Scotia Group climbed $2.80 to close at $54.80 with investors trading 12,701 stock units, Seprod slipped $1 to end at $84 with an exchange of 12,141 shares, Supreme Ventures fell 57 cents to $22.03 with 8,699 stocks crossing the market. Sygnus Credit Investments skidded 75 cents to $12.10 with traders dealing in 132,446 units and Wisynco Group increased 56 cents to finish at $21.58 in an exchange of 77,327 stock units.
In the preference segment, Eppley 7.75% preference share advanced $3 and ended at $22 after a transfer of 226 shares, Jamaica Public Service 7% popped $2.45 to end at $43.95 in trading 66 stocks,  138 Student Living preference share lost $38.89 in closing at $225.25 with a transfer of 63 units and Productive Business Solutions 10.5% preference share declined $75 to close at $995 with 136 stock units crossing the exchange.

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

Trading picks up on Trinidad Exchange


Stocks ended with declining stocks beating out those rising on the Trinidad and Tobago Stock Exchange on Monday, with a pick up in the volume of stocks traded valued 66 percent more than on Friday and resulting in just 17 securities trading, down from 20 on Friday and ending with prices of five rising, six declining and six ended firm.

The market closed with trading of 455,330 shares for $3,025,118 compared to 428,889 stock units at $1,817,483 on Friday. An average of 26,784 shares were traded at $177,948 compared with 21,444 units at $90,874 on Friday, with trading for the month to date ending with an average of 22,219 shares at $109,908 compared to 21,603 units for $100,727 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index fell 0.18 points to 1,076.89, the All T&T Index rose 0.93 points to end at 1,583.71, the SME Index remained unchanged at 92.58 and the Cross-Listed Index dipped 0.19 points to end the day at 74.81.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings remained at $14.85 with trading of 67 stocks, Ansa McAl slipped 22 cents to end at $59.55 with the trading of 520 shares. Calypso Macro Investment Fund ended at $23.67 in switching ownership of 298 stock units, CIBC Caribbean Bank closed at $8.25 as investors exchanged 91,035 shares, Eric Solis Marketing rose 1 cent to finish at record high of $4.26 after an exchange of 12 units, First Citizens Group gained 25 cents and ended at $41.75 in trading 4,264 stocks. GraceKennedy popped 5 cents to $3.75 after a transfer of 12,469 units, L.J. Williams B share slipped 2 cents and ended at a 52 weeks’ low of 68 cents with investors dealing in 1,700 stock units, Massy Holdings remained at $3.90 with a transfer of 55,635 shares. National Enterprises ended at $2.77 after an exchange of 500 stocks, National Flour Mills shed 4 cents to finish at $1.66 with investors trading 5,100 units, Prestige Holdings slipped 5 cents to close at $11.25 in an exchange of 1,572 stock units. Republic Financial increased 1 cent to $113.60 with traders dealing in 2,867 shares, Scotiabank rose 9 cents to close at $57.10 after an exchange of 1,977 units, Trinidad & Tobago NGL skidded 3 cents to finish at $4.70 with investors trading 270,114 stocks. Trinidad Cement remained at $2.50 with 2,200 stock units crossing the market and Unilever Caribbean fell 2 cents in closing at $11.30 with investors swapping 5,000 shares.

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

Big gains for Junior Market ICTOP10 stocks


Bulls cooled their heels this past week allowing for a fall in the Main and Junior Market with the former slipping 0.9 percent and the latter dipping half of a percent for the week, resulting in notable price changes in the Junior Market but modest changes in the Main Market.

Just two stocks fell and 8 rose in the Junior Market ICTOP10 during the week, reversing last week’s adverse movement of just two rising and 8 falling. The performance of the Main Market ICTOP10 resulted in three stocks gaining while four declined. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had two changes. JMMB Group returns to the All JSETOP10 following a week’s absence along with Caribbean Producers, replacing the Junior Market, Access Financial and AMG Packaging.
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 for a seventh week. Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by Caribbean Cream and Iron Rock Insurance.
In the Junior Market IC TOP10, Iron Rock Insurance fell 7 percent to $4 and was the only stock with a notable loss. The biggest winner is Lumber Depot recovering from the loss of the previous week in jumping 27 percent to $2.64, AMG Packaging riding a wave of positive news about expansion surged 22 percent to $3.42, Caribbean Assurance climbed 12 percent to end at $2.80, Access Financial rose 11 percent to $17.01, but continues to struggle under relatively heavy selling pressure and will require positive third quarter results to help alleviate it and Express Catering popped 8 percent to $3.25.
In Main Market ICTOP10 activity, Berger Paints shed 14 percent to close at $7.36, Key Insurance dropped 10 percent to $2.20, Caribbean Producers and Scotia Group lost 5 percent to $8.50 and $52 respectively.
JMMB Group returns to the Main Market ICTOP10, replacing Lasco Distributors and the Junior Market ICTOP10 list lost Lumber Depot with Jamaican Teas coming in as the replacement.
The average PE for the JSE Main Market ICTOP 10 stands at just 5.4, well below the market average of 15 and the Junior Market TOP10 sits at 8, more than half of the market, with an average of 13.
Based on the earnings projected for 2024, the Main Market ICTOP10 is projected to gain an average of 284 percent by May 2025, providing better values than the Junior Market, which has the potential to achieve a 163 percent increase over the same period.
In the Main Market ICTOP 10, there are 16 stocks with the highest values representing 31 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 21 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 12 stocks, 25 percent of the market, with PEs ranging from 15 to 32 with an average of 21 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.