Over the past few weeks, investors placed bets on the impact the damage Hurricane Melissa would have on stocks, pushing some stocks higher and others lower, while the vast majority remained unmoved.
The Junior Market ICTOP10 had a torrid period since late October, with nine stocks falling and none rising. Elite Diagnostics lead the list with a fall of 21 percent. Caribbean Assurance Brokers, is down just 3 percent, Consolidated Bakeries and Medical Disposables declined by 10 percent and fell out of the TOP10, following downward revisions to earnings following the release of third quarter results. The TOP10 charts list the other losers.
Coming into the Junior Market TOP10 are Caribbean Flavours, Dolla Financial and Spur Tree Spices.
The biggest movers in the Main Market ICTOP10 are TransJamaican Highway that rose 13 percent and VM Investments, down 13 percent.Caribbean Producers, TransJamaican Highway, along with Scotia Group and VM Investments fell out of the Main Market TOP10, with JMMB Group, Jamaica Broilers, along with the private creditor Sygnus Credit Investments and Stanly Motta joining the TOP10.
The average PE for the JSE Main Market ICTOP 10 is 4.8, well below the market average of 13.3 and the Junior Market TOP10 stands at 6.8, just above half the market’s average of 12.9.
The market closed with trading of 385,821 shares for $2,456,283, an increase from 135,644 stock units at $573,594 on Monday.
At the close of the market, Agostini skidded 10 cents in closing at $62.40 with 578 shares passing through the market, Angostura Holdings sank 40 cents to $12.65 after an exchange of 72 stock units, Ansa McAl ended at $43.50 with 114 shares changing hands. Ansa Merchant Bank remained at $31.45 after an exchange of just one stock, AS Bryden remained at $1.98 with after a transfer of 58 units, Calypso Macro Investment Fund shed $1.45 to finish at $23.55 with 50 stocks crossing the market. CIBC Caribbean Bank rose 1 cent to $8.30 with investors trading 20,000 units, First Citizens Group climbed 85 cents to $34.25 with 8,601 shares switching owners, GraceKennedy ended at $3.52 with traders dealing in 267 stock units. Guardian Holdings lost 5 cents in closing at $14.45 as investors exchanged 30 shares, JMMB Group popped 5 cents to finish at 80 cents after a transfer of 10 stock units, Massy Holdings ended at $3.60 with investors swapping 97,688 stocks. Medcorp dipped $3.50 to $48 with an exchange of 69 units, National Enterprises remained at $1.65 with 20,852 stocks clearing the market, National Flour Mills fell 5 cents in closing at $1.50 with investors trading 16,727 shares.
NCB Financial remained at $1.93 in an exchange of 168,613 stock units, One Caribbean Media dropped 4 cents and ended at a 52 weeks low of $1.29, with 3,150 units crossing the market, Republic Financial sank $2 to close at a 52 weeks low of $102 after an exchange of 5,514 stocks. Scotiabank advanced 19 cents to $45.29 in trading 698 units, Trinidad & Tobago NGL ended at $2.95 with 8,670 shares crossing the exchange, Trinidad Cement slipped 6 cents to end at a 52 weeks low of $1.80 with investors dealing in 2,469 stock units. Unilever Caribbean ended at $18 in an exchange of 31,476 shares and West Indian Tobacco remained at $3 in the trading of 114 stocks.
The market closed with 10,381,875 shares ending with an exchange of $197,316,364 after tumbling from 86,348,623 units at $209,695,547 on Friday.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the 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 2026.
Kingston Wharves sank 80 cents to end at $29 with investors dealing in 55,599 shares, Margaritaville aded $1.74 in closing at $13.31 with a transfer of 5 units, Massy Holdings rose 95 cents to close at $77.45 with 18,238 stocks crossing the market. Mayberry Jamaican Equities added 99 cents to end at $8.99, with 4,505 stocks changing hands, MPC Caribbean Clean Energy rose $5.74 to $43.99, with the swapping of just 2 shares, NCB Financial rallied 88 cents to $40.65 in an exchange of 17,042 units. Sagicor Real Estate Fund skidded $1.25 to finish at $6.31 with 1,186 stocks passing through the market, Scotia Group increased $1.79 to close at $51.99 in an exchange of 2,021 stock units, Seprod climbed $1.97 to end at $81.98 with 599 shares clearing the market and Supreme Ventures dropped 42 cents in closing at $15.92 with investors trading 967,770 stocks.
The market closed after 4,971,203 shares were traded for $9,095,712, after falling from 9,975,110 units at $13,356,995 on Friday.
At the end of trading on the market, Access Financial lost 25 cents to finish at $15.75 with traders dealing in 9,041 shares, AMG Packaging rose 18 cents to $2.28 after closing after an exchange of 524 stock units, Cargo Handlers climbed by $1.82 in closing at a 52 weeks high of $16.92 with 4,665 shares being. traded, as Caribbean Assurance Brokers slipped 12 cents to end at $1.70 with 57,402 units crossing the market, Dolphin Cove added $1.23 to end at $12.78 with investors dealing in 2,670 stocks, Elite Diagnostic popped 10 cents to close at $1.60 with 6,830 shares passing through the market. Fontana sank 85 cents to $8 after trading of 92,403 stock units, Honey Bun rallied 26 cents to end at $7.19 after traders exchanged 26,874 units, Indies Pharma shed 6 cents in closing at $2.84 with 83,716 shares crossing the market. Iron Rock Insurance declined 51 cents to close at $2.97 after an exchange of 503 units,
The market closed with trading of 135,644 shares for $573,594 after rising from just 67,273 stock units at $620,755 on Friday.
AS Bryden remained at $1.98 with the trading of 505 stocks, CIBC Caribbean Bank dipped by just 1 cent to close trading at $8.29 after an exchange of 486 units, Endeavour Holdings ended at $18.50 with a transfer of 272 stocks. Eric Solis Marketing closed at $3.99 with investors dealing in 5 units, First Citizens Group sank 85 cents to $33.40 with 1,282 shares changing hands, Guardian Holdings gained 19 cents to close at $14.50 with investors trading 172 stock units. JMMB Group remained at 75 cents after switching ownership of 66,557 shares, Massy Holdings rose 5 cents in closing at $3.60 with traders dealing in 21,839 units, Medcorp climbed $3.44 to finish at $51.50 as investors exchanged 25 stocks. National Enterprises lost 14 cents and ended at $1.65 with 101 stocks passing through the market, National Flour Mills popped 5 cents to $1.55 after an exchange of 15,587 shares, NCB Financial rallied 2 cents to close at $1.93 with investors swapping 5,999 units.
Republic Financial shed $1 to finish at a 52 weeks low of $104 after an exchange of 749 stock units, Scotiabank increased 11 cents in closing at $45.10 following trading of 2,787 stock units, Trinidad & Tobago NGL advanced 5 cents to end at $2.95 with an exchange of 6,831 shares. Trinidad Cement fell 2 cents to a 52 weeks low of $1.86 with 5,962 units crossing the market, Unilever Caribbean remained at $18 after a transfer of 4,056 stocks and West Indian Tobacco ended at $3 with 1,700 units crossing the exchange.
Trading ended the day with an exchange of 86,348,623 shares worth $209,695,547, with a solid increase from 8,541,634 stocks at $172,991,340 on Thursday.
The Main Market ended trading with an average PE of 13.2. The JSE Main and the USD Market PE are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
The market closed with trading of 67,273 shares for $620,755, after falling from 96,455 stocks at $1,065,726 on Thursday.
At the close of the market, Agostini increased 10 cents in closing at $62.50 as investors traded 321 shares, Angostura Holdings climbed $1.05 to end at $13.05, with an exchange of 110 units, Ansa Merchant Bank rose 5 cents to close at $31.45, with trading of a mere 5 shares. AS Bryden ended trading of 1,275 stocks at $1.98, Calypso Macro Investment Fund ended at $25 after an exchange of 10 stocks, CIBC Caribbean Bank ended at $8.30 with investors trading 2,755 units. First Citizens Group declined 24 cents to $34.25 with 782 stocks passing through the market, GraceKennedy gained 1 cent to close at $3.52 with a transfer of 500 shares, Guardian Holdings sank 19 cents and ended at $14.31 after trading of 165 stock units. JMMB Group remained at 75 cents with 600 shares crossing the market, Massy Holdings ended at $3.55 after a transfer of 26,133 units,
National Enterprises popped 25 cents in closing at $1.79 with investors dealing in 20,023 stocks. National Flour Mills remained at $1.50 after an exchange of 157 stock units, NCB Financial slipped 1 cent in closing at $1.91 in trading 1,000 shares, Republic Financial advanced 50 cents to end at $105 with 1,143 stock units changing hands. Scotiabank fell 1 cent to $44.99 with investors trading 2,602 units, Unilever Caribbean ended at $18 with 9,592 stocks switching owners and West Indian Tobacco remained at $3 with 100 shares clearing the market.
The market closed with trading of 9,466,427 shares for $15,868,946 after slipping from 11,395,083 units valued $15,244,152 on the previous day.
At the close of the market, Access Financial dropped by $3.44 and ended at $16 with 18,207 shares passing through the exchange, AMG Packaging fell 10 cents to $2.29 after a transfer of 5,268 units, Blue Power sank 19 cents to close at $3.40 and closed with 7,332 shares changing hands. Cargo Handlers increased $2.27 to end at $15.10 after 60 stocks passed through the exchange, Consolidated Bakeries fell 32 cents in closing at $1.53, with traders switching ownership of 800 stocks, Dolla Financial fell 10 cents to finish at $2.40 with an exchange of 451,058 units. Dolphin Cove slipped 20 cents to $12 with 16,982 stocks clearing the market, Elite Diagnostic lost 8 cents in closing at $1.50 with investors trading 108,458 shares, Honey Bun popped 12 cents to close at $7.50 after trading at a 52 week intraday low of $6.27, with investors transferring 100,700 stock units through the market.
The market closed with 8,541,634 shares trading for $172,991,340 after increasing from 7,545,813 stock units for just $47,368,831 on Wednesday.