Trading fell sharply from that on Friday on the Jamaica Stock Exchange Main Market on Monday, with a 73 percent decline in the volume of stocks traded and 81 percent lower value than on Friday, with trading in 64 securities up from 61 on Friday, with prices of 19 stocks rising, 29 declining and 16 ending unchanged.
The market closed with an exchange of 7,386,196 shares for $39,659,258 down from 27,058,198 units at $213,443,083 on Friday.
Trading averaged 115,409 shares at $619,676 compared to 443,577 units at $3,499,067 on Friday and June with an average of 246,425 units at $1,945,941.
Transjamaican Highway led trading with 2.84 million shares for 38.5 percent of total volume followed by Sagicor Select Financial Fund with 1.34 million stock units for 18.2 percent of the day’s trade and Wigton Windfarm with 1.22 million units for 16.5 percent of the day’s trade.
The All Jamaican Composite Index increased 147.08 points to end at 358,283.67, the JSE Main Index rose 488.45 points to 319,408.32 and the JSE Financial Index popped 0.24 points to settle at 67.09.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 14.1 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of trading, AS Bryden climbed $1.60 to $37.60 with a transfer of 89 stock units, Barita Investments skidded 89 cents to $74 after 2,509 shares were exchanged, Caribbean Cement fell 98 cents and ended at $64, with 10,120 units crossing the market. Caribbean Producers popped 40 cents to end at $10 in trading 140,388 stock units, Jamaica Broilers slipped $2.48 to finish at $33.02, with 62,401 units passing through the market, Jamaica Producers sank $1.05 to close at $23.95 with investors trading 3,805 stocks. Margaritaville dipped 44 cents to $13.16 after an exchange of 900 shares, Mayberry Group rallied 68 cents to $7.99 after investors ended trading 102 stock units, Pan Jamaica rose 51 cents in closing at $46.51, with 1,198 shares crossing the exchange. Seprod lost $7.75 to close at $80.15 in switching ownership of 9,822 stock units, Supreme Ventures dropped $1.40 to finish at $24.60 after a transfer of 19,552 stocks,
Sygnus Credit Investments shed 62 cents to end at $11.88 with 1,639 units changing hands and Wisynco Group declined 65 cents to $20.50 in an exchange of 45,884 shares.
In the preference segment, Eppley 7.25% preference share sank $1 in closing at $19 with 53,900 stock units clearing the market, Eppley 7.75% preference share slipped $1.42 to finish at $18.57 with traders dealing in 140 units, JMMB Group 7% preference share advanced 48 cents and ended at $3.24 in an exchange of 1,212 stocks. 138 Student Living preference share fell $1.56 to close at $198.44 with investors swapping 6 units and Sygnus Credit Investments C10.5% declined $6 to end at $102 with an exchange of 20,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD Market
The second half of the current year started on a muted note on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining to a mere fraction of that on Friday with a 93 percent lower value, resulting in trading in just four securities, compared to seven with prices of one declining and three ending unchanged.
The market closed with an exchange of 6,425 shares for US$5,351 compared with 1,447,374 units at US$79,036 on Friday.
Trading averaged 1,606 units at US$1,338 versus 206,768 shares at US$11,291 on Friday, with a month to date average of 1,606 shares at US$1,338 compared with 53,325 units at US$3,682 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index rose 0.13 points to end the day at 236.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and four with lower offers.
At the close of trading, Productive Business Solutions ended at US$1.45 with investors trading 219 shares, Proven Investments ended at 13 US cents after 1,173 stocks were traded and Sygnus Credit Investments remained at 6.75 US cents with investors dealing in 4,583 shares.
In the preference segment, Productive Business Solutions 9.25% preference share dropped US$1.50 to end at US$9.50 after a transfer of 450 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad Exchange closes higher on reduced trades
Winners edged out losers on the Trinidad and Tobago Stock Exchange on Monday, following a 69 percent fall in the volume and a 60 percent decline in value compared to Friday resulting in only 11 securities trading down from 20 on Friday and ending with prices of three stocks rising, one declining and seven ended firm.
Trading resulted in an exchange of 79,064 shares for $1,037,019 down from 257,576 stocks at $2,612,858 on Friday.
An average of 7,188 shares were traded at $94,274 compared with 12,879 units at $130,643 on Friday, and an average for June of 9,110 shares at $119,497.
The Composite Index rose 0.28 points to end at 1,128.07, the All T&T Index added 0.14 points to close trading at 1,702.71, the SME Index remained unchanged at 86.99 and the Cross-Listed Index inched 0.06 points higher to finish at 71.83.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s advanced 22 cents and ended at $69 with a transfer of 242 shares, Ansa McAl popped 50 cents to $62.50 with investors swapping 9,042 stocks, First Citizens Group remained at $42.50 in an exchange of 228 shares.
FirstCaribbean International Bank ended at $6.90 with investors transferring 18,690 stock units, JMMB Group dropped 1 cent in closing at a 52 weeks’ low of $1.20 in an exchange of 5,245 shares, Massy Holdings remained at $4.02 and closed after an exchange of 38,846 units. National Enterprises ended at $3.34 in trading 3,901 stocks, One Caribbean Media remained at $3.68 after 1,338 stock units passed through the market, Prestige Holdings ended at $12.82 with an exchange of 368 shares. Republic Financial increased $1.44 and ended at $116.99 following trading of 1,102 units and Scotiabank ended at $65.25 after investors exchanged 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push down Trinidad market
Stocks ended with mostly fell on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 24 percent at a 36 percent lower value than on Thursday , resulting in 20 securities trading up from 19 on Thursday and ending with prices of five rising, eight declining and seven ended firm.
Trading ended with an exchange of 257,576 shares at $2,612,858 versus 207,388 stock units at $4,103,821 on Thursday.
An average of 12,879 shares were traded at $130,643 compared with 10,915 units at $215,991 on Thursday, with trading month to date averaging 9,110 shares at $119,497 compared with 8,881 units at $118,819 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index lost 1.64 points to end at 1,127.79, the All T&T Index slipped 5.00 points to end the day at 1,702.57, the SME Index remained unchanged at 86.99 and the Cross-Listed Index gained 0.27 points to conclude trading at 71.77.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s rallied 53 cents and ended at $68.78 in switching ownership of 6,040 shares, Angostura Holdings rose 6 cents to $18.06 and closed with 1,000 stocks changing hands, Ansa McAl ended at $62 after a transfer of 75 shares.
Calypso Macro Investment Fund slipped 1 cent in closing at $23.99 with just 3 stock units clearing the market, First Citizens Group closed at $42.50 following trading of 2,069 shares, FirstCaribbean International Bank fell 4 cents to end at $6.90, with 53,350 stock units passing through the exchange. GraceKennedy ended at $3.55 with a transfer of 1,391 units, Guardian Holdings skidded 88 cents to $16 after an exchange of 2,161 stocks, JMMB Group lost 3 cents and ended at $1.21 with investors trading 3,000 shares. Massy Holdings slipped 3 cents to end at $4.02 with 121,434 stocks passing through the market, National Enterprises remained at $3.34 with investors dealing in 4,577 units, NCB Financial advanced 8 cents to finish at $2.75 after an exchange of 40,000 stock units.
One Caribbean Media ended at $3.68 with investors trading 6,948 shares, Prestige Holdings shed 3 cents to close at $12.82, with 470 units crossing the market, Republic Financial dropped $1.95 in to $115.55 with an exchange of 8,399 stocks. Scotiabank popped 5 cents to finish at $65.25, with investors trading 232 stock units, Trinidad & Tobago NGL slipped 3 cents to end at $7 as investors exchanged 1,236 shares, Trinidad Cement gained 7 cents to close at $2.97 with 4,136 stocks passing through the market. Unilever Caribbean remained at $11.25 with investors swapping 6 stocks and West Indian Tobacco ended at $8.50, with 1,049 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with an 82 percent drop in the volume of stocks traded, with an 89 percent lower value than Friday following trading in 45 securities up from 41 on Friday and ending with prices of 11 rising, 23 declining and 11 closing unchanged.
At the close of trading, the Junior Market Index fell 23.11 points to end the day at 3,820.12.
Indies Pharma dropped 22 cents to close at $2.57 after 22,397 units were traded. ISP Finance shed $2.50 to $27.45 after just one stock crossed the market, JFP Ltd declined 10 cents to end at $1.16 after a transfer of 395,242 stock units, Knutsford Express rallied $1.20 in closing at $11.20, with 2,678 shares crossing the market. Lasco Financial increased 22 cents to finish at $2.17 in an exchange of 510 stocks, Limners and Bards slipped 7 cents and ended at $1.48 after 20,907 units passed through the market, Spur Tree Spices fell 10 cents to close at $2.20 trading of 1,291,745 stock units and tTech climbed 25 cents to $2.35 with 3,831 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Other than the b moves in the TOP10, the market got some good news this past week. For one Jamaica Broilers reported positive full year results that were helped by a $2.3 billion one off gain, excluding those gains normal profits would have been in the order of $4.80 when taxes relating to the capital gains are excluded. The other positive news is that the Bank of Jamaica will officially start to ease the tight monetary policy pursued over the past three years. In reality, they commenced easing in early May, with CD rates falling from 11.59 percent in early April to mostly under 10 percent during June.
JMMB Group was the star performer in the Main Market TOP10, climbing 13 percent to $25.10 and Berger Paints was up 6 percent in closing at $8.52. Declining stocks are 138 Student Living and Pulse Investments dipping 6 percent to $3.86 and $1.50 respectively and Guardian Holdings dropped 4 percent to close at $345.
In the Junior Market IC TOP10 are 14 stocks, or 30 percent of the market, with PEs ranging from 15 to 53, averaging 21, well above the market’s average. The average PE for the top half of the market is 18, possibly the lowest fair value measure for stocks currently.
The All Jamaican Composite Index jumped 3,166.41 points to close at 358,136.59, the JSE Main Index rose 1,525.91 points to close trading at 318,919.87 and the JSE Financial Index gained 0.56 points to close at 66.85.
Caribbean Producers popped 60 cents to end at $9.60 with investors trading 878,024 units, Eppley fell $2.38 to close at $36.50, with 1,125 shares crossing the exchange, Eppley Caribbean Property Fund gained $2.99 to finish at $40 in trading 291 units. Guardian Holdings shed $5 and ended at $345 after 346 stocks passed through the market, Jamaica Broilers rose $2.50 to $35.50 with an exchange of 819,391 stock units, Jamaica Producers advanced 50 cents to finish at $25 with 142,941 shares clearing the market. Kingston Wharves dropped 49 cents in closing at $26 as investors exchanged 82,906 stock units, Mayberry Group lost 69 cents to close at $7.31 after a transfer of 324 stocks, Mayberry Jamaican Equities slipped 49 cents to end at $9 in the trading of 40,000 units. NCB Financial sank $1.16 to end at a multiyear closing low of $54.84 after an exchange of 30,415 stocks and trading as low as $52.90,
Pan Jamaica declined $4.47 to finish at $46 with investors trading 360,819 shares, Sagicor Group climbed 50 cents and ended at $41 after an exchange of 93,948 stock units. Seprod popped $7.90 in closing at $87.90 after 54,417 units raced across the market and Supreme Ventures climbed $2.90 to end at $26 in an exchange of 1,563,786 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with a 159 percent jump in the volume of stocks traded, with a 26 percent rise in value over Thursday with trading of 50,135,125 shares for $113,211,858 up from 19,386,471 units at $89,851,378 on Thursday.
At the close, Access Financial climbed $1.18 to end at $21.93 in switching ownership of 2,505 stock shares, AMG Packaging popped 12 cents to $3.29, with 16,168 shares changing hands, Blue Power rallied 49 cents to finish at a 52 weeks’ high of $4.38 as 470,096 stocks passed through the market. Caribbean Assurance Brokers skidded 44 cents and ended at $3.31 in trading 5,953 units, Consolidated Bakeries increased 9 cents in closing at $1.98 with just 6 shares clearing the market, Derrimon Trading rose 7 cents to close at $2.27 with investors dealing in 111,331 stocks. Dolla Financial gained 58 cents to close at $3 in an exchange of 11,327,707 units, with the price hitting a 52 weeks’ intraday high of $3.05, before pulling back. Edufocal ended trading 2,187,391 at a 52 weeks’ closing low of 56 cents but traded as low as 51 cents as the price slipped by 2 cents at the close. Fosrich advanced 9 cents and ended at $2.39 in trading 2,582,919 stock units, Future Energy popped 40 cents in closing at $3.65 after a transfer of 4,638,302 shares.
Honey Bun lost 12 cents to finish at $8.87 with investors swapping 23,909 units, Indies Pharma gained 14 cents to end at $2.79 after an exchange of 426,862 stocks, ISP Finance rose $4.99 to close at $29.95, with 10,795 stock units crossing the market. Knutsford Express dipped $1.47 to close at $10 with investors trading 106 shares, Lasco Financial rallied 25 cents to finish at $1.95 in an exchange of 2,723,094 units, Limners and Bards sank 12 cents and ended at $1.55 after 500 stocks changed hands. Main Event slipped 19 cents to close at $12.50 after an exchange of 510 stock units, Paramount Trading fell 16 cents in closing at $1.15, with 58,293 shares crossing the market, Regency Petroleum increased 16 cents to end at $2.45 with an exchange of 2,324,619 stock units. Spur Tree Spices shed 10 cents in closing at $2.30, with 276,471 stocks crossing the exchange and tTech declined 39 cents to $2.10 with traders dealing in 1,715 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 13,687,861 shares being traded for $100,043,332 compared to 13,147,467 stock units at $113,060,902 on Wednesday.
The Main Market ended trading with an average PE Ratio of 14.9. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Scotia Group climbed $1 to end at $45 with 86,230 shares clearing the market. Supreme Ventures dropped 89 cents to end at $23.10 in an exchange of 34,131 units and Wisynco Group popped 66 cents and ended at $21.22 with investors trading 40,955 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed on Thursday with an exchange of 19,386,471 shares at $89,851,378 up from 13,584,564 units at $21,955,901 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices and earnings projected by ICInsider.com for the financial year ending around August 2025.
Honey Bun gained 69 cents to close at a 52 weeks’ high of $8.99 after an exchange of 8,079,113 stocks, Iron Rock Insurance climbed 28 cents to end at $2.18 with investors trading just one stock unit, Jetcon Corporation advanced 10 cents in closing at 95 cents in an exchange of 921,548 shares. Knutsford Express popped 37 cents and ended at $11.47, with 10,000 stock units crossing the market, Omni Industries rose 10 cents to finish at $1.20 in switching ownership of 44,862 units and Paramount Trading climbed 11 cents to close at $1.31 after an exchange of 34,285 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.