Caribbean Cement hits new $105 high

August 4, 2025 by
Caribbean Cement was the biggest mover on Monday, with the price jumping $13.25 to a 52 week high of $105, and ending with just three lots of less than 5,000 shares on offer at $122 and above with small amounts on the bid at $90 and below at the close on the Jamaica Stock Exchange Main Market, with the volume of stocks traded declining 74 percent and the value 67 percent lower than on Thursday, with trading in 58 securities compared with 56 on Thursday, with prices of 17 rising, 26 declining and 15 ending unchanged.

The market closed with 14,588,589 shares trading for $111,467,715, sliding from 54,924,780 stock units at $327,955,193 on Thursday.
Trading averaged 251,527 shares with an average of $1,921,857 compared with 980,800 stocks at $5,856,343 on Thursday and July, with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway led with 4.64 million shares accounting for 31.8 percent of the total volume to be followed by Sagicor Select Manufacturing & Distribution Fund which ended with 3.71 million stocks for 25.4 percent of the day’s trade, Wigton Energy closed with 2.03 million stock units for 13.9 percent of the volume traded and NCB Financial with 1.83 million share for 12.6 percent of market trade.
The All Jamaican Composite Index fell 2,013.76 points to settle at 353,527.66, the JSE Main Index dropped 1,355.38 points to 307,247.69 and the JSE Financial Index dipped 0.26 points to wrap up trading at 62.27. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with fiscal year ending around August 2025.
At the close of the market, Caribbean Cement rallied $13.25 to end at a 52 week high of $105 with 109,990 shares changing hands, as investors cleared out offers below $122. Eppley popped 82 cents to $33.32 with 81 stock units passing through the market, Eppley Caribbean Property Fund sank 99 cents to finish at $41.51 in trading 233 shares. GraceKennedy climbed $2 and ended at $70 with 27,656 stocks crossing the market, Guardian Holdings increased $1 in closing at $309 as investors exchanged 15,992 units, Kingston Wharves rose $1.30 to close at $31.20 with an exchange of 2,548 shares. NCB Financial skidded $2.60 to a 52 week closing low of $28.90, after the price hit an intraday low of $27.50, with investors trading 1,834,138 stock units, Proven Investments sank 77 cents to finish at $17.20 in an exchange of 87,761 stocks, Sagicor Group declined $1.07 and ended at $41 with 15,735 units clearing the market. Scotia Group gained $1.95 to close at $55.95 after an exchange of 9,995 stocks, Seprod fell 45 cents to end at $83 with investors dealing in 11,449 units and Sygnus Real Estate Finance advanced $1.19 in closing at $8.49 after an exchange of 1,100 shares.
In the preference segment, 138 Student Living preference share dropped $9.96 to $230 with investors trading 75 stock units and Sygnus Credit Investments C10.5% lost 99 cents and ended at $102 with 509 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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New low for ICTOP10 NCB, Kintyre dips 21%  

August 4, 2025 by
ICTOP10 returns after a brief break, with NCB Financial, dropping to a multi-year low of $29 during the past week but closed the period down 7 percent to $31.5, but, Margaritaville fell 20 percent in the Main Market ICTOP10, while Kintyre Holdings dropped 21 percent to 23 cents and Consolidated Bakeries fell 20 percent to $1.25 in the Junior Market ICTOP10.

The Junior Market ICTOP10 AMG Packaging climbed 15 percent to $2.58, with Dolla Financial rising 6 percent to $2.69, followed by Jetcon Corporation, with a fall of 19 percent down to $1.70 and Elite Diagnostic with a loss of 11 percent to end at $1.35.
The Main Market listed 138 Student Living rose 10 percent to $4, Margarittaville dropped 20 percent to $10.22 and QWI Investments dipped 6 percent to 73 cents.
AMG Packaging and Jetcon Corporation dropped out of the Junior Market ICITOP10, with Access Financial and Caribbean Cream replacing them. There were no changes to the Main Market ICTOP 10 nor the All JSE Markets ICTOP10.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.6 and shows 15 stocks, with the highest values accounting for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.6, well below half the market’s average of 13.8, with 20 stocks representing 42 percent of the market having PEs ranging from 15 to 42, with an average of 22 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks will likely deliver the best returns on or around May 2026 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. Earning revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

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JSE Main Market bounces to end July

July 31, 2025 by
Wigton Energy led trading with trading on the Jamaica Stock Exchange Main Market on Thursday with half of the traded volume ahead of the close for the emancipation holiday on Friday, with trading in 56 securities compared with 58 on Wednesday, with prices of 35 rising, seven declining and 14 ending unchanged, following a marginal increase in the volume of stocks traded and the value falling by 58 percent compared to Wednesday.

The market closed with 54,924,780 shares trading for $327,955,193 compared with 54,790,949 stocks at $1,020,798,491 on Wednesday.
Trading averaged 980,800 shares, with an average of $5,856,343 compared with 944,672 stocks at $17,599,974 on Wednesday.
Trading for the month to date ended with an average of 270,399 units at $2,493,078 compared with 238,003 shares at $2,339,704 on the previous day and June with an average of 270,399 stock units at $2,493,078.
Wigton Energy led trading with 27.27 million shares for 49.7 percent of total volume, followed by Carreras which ended with 11.22 million stocks for 20.4 percent of the day’s trade, Sagicor Select Financial Fund closed with 5.30 million stocks changing hands for 9.6 percent of the volume traded, Transjamaican Highway ended with 4.28 million units for 7.8 percent of market share, Sagicor Select Manufacturing & Distribution Fund with 2.25 million units for 4.1 percent of the overall traded volume and NCB Financial with 1.13 million units for 2 percent of the market.
The All Jamaican Composite Index gained 2,392.35 points to close at 355,541.42, the JSE Main Index rallied 1,214.05 points to 308,603.07 and the JSE Financial Index popped 0.16 points to 62.53. At the close, the Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with a fiscal year ending around August 2025.
At the close of the final day of July, Cement jumped $9.14 to finish at $91.75 with investors dealing in 35,510 shares, Kingston Wharves dipped $1.85 to $29.90 after the trading of 2,709 units, Massy Holdings fell 49 cents to close at $77 after an exchange of 145 shares. Mayberry Group popped 54 cents and ended at $7.27 in trading 267 stocks, Mayberry Jamaican Equities gained 72 cents to end at $11.05 after an exchange of 225,660 stock units, NCB Financial rose $2.50 in closing at $31.50 with investors trading 1,125,365 shares. Sagicor Group advanced $1.07 to $42.07 in switching ownership of 168,045 stock units, Scotia Group increased $3.50 to close at $54 after closing with 45,302 units changing hands, Seprod climbed 45 cents and ended at $83.45 with a transfer of 91,961 stocks. Stanley Motta popped 41 cents in closing at $5.74, with 894 units clearing the market, Supreme Ventures dropped 47 cents to end at $19.08 in an exchange of 62,924 stocks, Sygnus Credit Investments advanced 90 cents to finish at a 52 week high of $13.90 with investors swapping 260,857 shares and Wisynco Group rose 35 cents and ended at $21.35 after 165,438 stock units passed through the market.
In the preference segment, 138 Student Living preference share rallied $22.25 to $239.96 as investors exchanged 247 shares and Sygnus Credit Investments 10% increased $1.67 in closing at $107.95, with just 26 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Gains for the JSE Main Market

July 28, 2025 by

Trading on the Jamaica Stock Exchange Main Market on Monday ended with the volume of stocks traded rising by 41 percent, but the value was 6 percent lower than on Friday. Trading ended with activity in 58 securities compared to 56 on Friday, with 23 stocks rising, 19 declining, and 16 ending firm, resulting in overall gains for the market.

The All Jamaican Composite Index rose 1,217.16 points to 349,209.17,  at the same time, the JSE Main Index rallied 1,126.04 points to 304,111.12 and the JSE Financial Index popped 0.49 points to 61.91. The market closed following 13,500,867 shares trading for $74,637,155, well above the 8,476,138 units at $69,163,067 on Friday.
Trading ended with an average of 232,775 shares for an average of  $1,285,579 compared to 151,360 stocks at $1,235,055 on Friday and month to date, an average of 202,179 units at $1,508,408 compared with 200,512 shares at $1,520,485 on the previous day and June with an average of 183,242 stock units at $1,532,211.
JMMB 9.5% led trading with 5.01 million shares for 37.1 percent of total volume, followed by Transjamaican Highway, with 1.75 million shares for 13 percent of the day’s trade, Sagicor Select Funds-Financial closed with 1.45 million stock units for 10.8 percent of the volume traded, Wigton Energy chipped in with 1.20 million units for 8.9 percent of the day’s trade, Sterling Investments closed with 1.19 million units for 8.8 percent of shares traded and NCB Financial with 1.11 million units for 8.2 percent of market share.
At the close, the Investor’s Choice bid-offer indicator shows 14 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 13.2. 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 2025.
At the close of the market, AS Bryden advanced 57 cents in closing at $25 with 589 shares crossing the stock exchange, Caribbean Cement popped $1.34 to $84.96 with investors trading of 1,373 units, Eppley increased 83 cents to end at $33.33 with investors dealing in 38 shares. GraceKennedy slipped 39 cents and ended at $69.50 with traders swapping 19,261 stock units, Guardian Holdings fell $1 to finish at $317 with investors trading 563 stocks, JMMB Group climbed $1.24 to close at $20 with an exchange of 13,457 units. Massy Holdings rose 48 cents to $77.48 with 67,016 stocks clearing the market, Pan Jamaica rallied 95 cents to $49 as investors exchanged 5,183 shares, Sagicor Group shed 89 cents and ended at $39.11 with 17,553 stock units changing hands. Scotia Group gained $1.40 in closing at $53 with traders dealing in 9,861 shares,

Supreme Ventures sank 73 cents to end at $19.25 after an exchange of 24,307 stocks and Sygnus Credit Investments popped 75 cents to close at $13.75 in trading 111,964 units.
In the preference segment, Jamaica Public Service 7% skidded $2 to $41 closing with an exchange of 9 stock units, 138 Student Living preference share fell $24.20 to finish at $190.80 in trading of 20 shares, Sygnus Credit Investments 10% declined $1.10 and ended at $106.90 with investors passing 439 stock units through the market and Sygnus Credit Investments C10.5% lost $7 to close at $98 after a transfer of 1,100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.at the same time

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

NCB Financial drops to multi-year low

July 25, 2025 by
NCB Financial dropped to a multi-year low of $30, 54 percent. lower than the price, additional shares were sold to the public in May last year. At the same time, VM Investments fell to a 52 week low of $1.75 and Sygnus Credit Investments closed at a 52 week high of $13. 80. Trading dropped on the Jamaica Stock Exchange Main Market on Friday, with a 14 percent decline in the volume of stocks traded, with a 41 percent fall in value compared to Thursday, following trading in 56 securities, up from 53 on Thursday, with prices of 16 rising, 21 declining, 19 ending unchanged, with the market value falling.

The market closed with 8,476,138 shares trading worth $69,163,067, down from 9,815,723 stock units at $117,717,098 on Thursday.
Trading averaged 151,360 shares at $1,235,055 after sliding from 185,202 stocks at $2,221,077 on Thursday and month to date, with  an average of 198,260 units at $1,500,547, with trading dipping from an average of 200,891 shares at $1,515,444 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 1.9 million shares for 23.3 percent of the total volume, followed by Wigton Energy, with 1.88 million stocks for 22.2 percent of the day’s trade and NCB Financial Group with 1.39 million units for 16.4 percent of the day’s trade.
The All Jamaican Composite Index sank 2,834.31 points to close at 347,992.01, the JSE Main Index lost 2,644.53 points to finish at 302,985.08 and the JSE Financial Index dipped 0.64 points to 61.42. At the close, 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 13. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending around August 2025.
At the close of the market, AS Bryden dropped $1.83 to $24.43 with 22 shares changing hands, Caribbean Cement fell $3.38 to $83.62 with investors dealing in 1,385 stocks, Eppley Caribbean Property Fund dipped $3 to finish at $40 after a transfer of 16 shares. Jamaica Stock Exchange lost 54 cents in closing at $12 with traders passing 12,414 stock units through the market, JMMB Group declined $1.24 to close at $18.76 with an exchange of 22,269 units, Kingston Wharves sank $2.64 to end at $29.82 with 11,849 shares crossing the market. Mayberry Jamaican Equities increased 35 cents in closing at $10.35 with investors swapping 500 stock units, NCB Financial slipped $3 to a 52 week low of $30 as 1,393,307 units crossed the exchange, Pan Jamaica sank 95 cents to end at $48.05 with investors trading 3,593 stocks. Sagicor Group climbed 43 cents to close at $40 after an exchange of 15,455 shares, Sagicor Real Estate Fund skidded 83 cents and ended at $7.15 in trading 335 stock units, Scotia Group slipped 35 cents to finish at $51.60 with traders trading 18,631 stock units. Seprod popped 80 cents and ended at $79.30 in trading of 11,871 stocks and Sygnus Real Estate Finance rallied 43 cents to $8.48 with 4,025 shares changing hands.
In the preference segment, Jamaica Public Service 7% rose $9 to end at $43 in an exchange of 159 stocks and Sygnus Credit Investments C10.5% advanced $2 in closing at $105 with a mere one stock unit crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.stock 

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Trading drops, prices up on JSE Main Market

July 25, 2025 by
Stocks record solid gains, even as trading slumped on the Jamaica Stock Exchange Main Market on Wednesday, with trading in 63 securities, up from 62 on Tuesday, with prices of 26 rising, 21 declining and 16 ending unchanged. At the close, the value and volume of stocks traded declined a sharp 58 percent and 71 percent respectively, from Tuesday’s more robust levels.

The market closed with only 5,916,747 shares trading for $90,178,691, with falling from 20,743,087 stocks valued at $214,214,112 on Tuesday.
Trading concluded with an average of 93,917 shares at $1,431,408, after decreasing from 334,566 stock units for $3,455,066 on Tuesday and month to date, an average of 205,041 units at $2,893,066 compared to 211,912 shares at $2,983,434 previously and February with an average of 296,521 stock units at $2,650,049.
Transjamaican Highway led trading with just 1.60 million shares for 27.1 percent of the total volume, followed by Wigton Energy, with 1.39 million units for 23.4 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 414,286 stocks for 7 percent of the volume traded.
The All Jamaican Composite Index rallied 2,791.44 points to end at 402,079.55, the JSE Main Index advanced 1,967.41 points to settle at 343,331.93 and the JSE Financial Index gained 0.23 points to 63.44. At the close, the Investor’s Choice bid-offer indicator shows 11 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 20.6. 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.
At the close of trading, AS Bryden advanced $1 to $30 with trading of just 753 shares, Eppley Caribbean Property Fund slipped $4.68 to end at $41.50 after an exchange of 111 stocks, First Rock Real Estate rose 75 cents in closing at $9.75 with investors trading 519 units. General Accident fell 95 cents to close at $5.64 in an exchange of a mere 1,548 shares, GraceKennedy gained 52 cents and ended at $70 with 132,952 stock units crossing the market, Guardian Holdings declined 47 cents to finish at $337.50 as investors exchanged 621 shares. Kingston Properties popped 40 cents to $10.90 in trading 4,768 stocks, Kingston Wharves climbed 50 cents to end at $37.50 after a transfer of 13,518 units, NCB Financial increased 50 cents in closing at $43.50 in switching ownership of 139,594 stock units. Pan Jamaica rallied $1.49 to close at $48.99 with 335 shares crossing the exchange, Proven Investments shed $2.78 to finish at $10.22 with 4,332 units changing hands, Sagicor Real Estate Fund rose 39 cents and ended at $9.84 in an exchange of 1,344 stock units. Seprod climbed $2.50 to end at $77.50 with 114,233 shares being traded, Supreme Ventures sank 45 cents in closing at $16.80 with investors dealing in 336,759 shares and Sygnus Real Estate Finance dipped 39 cents to finish at $10.50 with a transfer of 283 units.
In the preference segment, Jamaica Public Service 9.5% climbed $201 and ended at $2,500, following trading of a mere one stock unit, 138 Student Living preference share popped $26 to close at $224.50 with an exchange of 22 units and Sygnus Credit Investments 10% fell $1 to end at $108 after traders swapped 2,366 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mixed Friday trading on JSE Main Market

July 18, 2025 by
The Jamaica Stock Exchange Main Market closed with mixed results on Friday, with cigarette distributors Carreras seizing nearly 26 percent of all stocks traded, on a day when the volume of stocks traded slipped marginally, as the value jumped 82 percent over Thursday, with trading in 50 securities, compared with 52 on Thursday, and ended with prices of 21 advancing, 15 declining and 14 ending unchanged.

The market closed with 8,215,878 shares trading for $172,248,776, compared to 8,369,724 stock units at $94,678,906 on Thursday.
Trading averaged 164,318 shares at $3,444,976 above the 160,956 stocks at $1,820,748 on Thursday and month to date, an average of 208,634 stock units at $1,439,450 compared with 211,649 shares at $1,303,019 on the previous day and June that averaged 183,242 stock units at $1,532,211.
Carreras led trading with 2.11 million shares for 25.6 percent of the total volume, followed by NCB Financial, with 1.43 million stock units for 17.4 percent of the day’s trade and Transjamaican Highway with 1.04 million units for 12.6 percent of the day’s trade.
The All Jamaican Composite Index dropped 2,367.05 points to close at 352,406.90, the JSE Main Index increased 474.89 points to finish at 305,478.80 and the JSE Financial Index slipped 0.42 points to wrap up trading at 62.61. At the close, 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 13.5. 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 2025.
At the close of the trading day, Caribbean Cement shed $1.99 and ended at $86 with trading of 1,782 shares, Eppley popped $2.85 to $32.55 after trading of 7 stocks, Eppley Caribbean Property Fund increased $3.19 to end at $41.19 with investors switching ownership of 7 shares. Guardian Holdings climbed 68 cents in closing at $320, with an exchange of 42 stocks, Jamaica Broilers rose 87 cents to close at $25.85 in an exchange of 13,082 units, Jamaica Stock Exchange dropped 94 cents to finish at $11.56 with 62,904 shares changing hands. Kingston Wharves rallied $2.34 and ended at $32.45 in an exchange of 9,618 stock units, Mayberry Group advanced 46 cents to $7.20 as traders exchanged 5,012 stocks, NCB Financial gained $1.60 to end at $35.80 after an exchange of 1,431,031 units. Pan Jamaica popped 70 cents in closing at $49.70 with 201,956 stocks crossing the market, Sagicor Group lost 46 cents to finish at $39.52 with a transfer of 13,433 shares, Scotia Group dipped 84 cents to close at $52 with investors dealing in 28,975 stock units. Seprod fell 51 cents to $79.49 after a transfer of 4,957 stock units, Sterling Investments gained 41 cents to finish at $3.71 with traders dealing in 49,719 stocks, Supreme Ventures rose 74 cents and ended at $20.29 after an exchange of 5,681 units. Sygnus Real Estate Finance climbed 80 cents to end at $8.05 with investors swapping 125 shares and Wisynco Group skidded 52 cents in closing at $18.86 with 14,595 stock units crossing the exchange.
In the preference segment, Eppley 7.75% preference share increased $2.97 to close at $19.84 in trading 44 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Winners edged losers on JSE Main Market

July 16, 2025 by
The Jamaica Stock Exchange Main Market closed lower on Wednesday, following activity in 54 securities compared with 56 on Tuesday, as prices of 18 rose, 15 declined and 21 ended unchanged. The volume of stocks traded jumped 20 percent, with the value 18 percent lower than on Tuesday.

The market closed with 8,189,546 shares trading for $40,860,657, from 6,826,566 stock units at $50,022,042 on Tuesday.
Trading averaged 151,658 shares at $756,679, increasing from 121,903 stocks at $893,251 on Tuesday. Trading for the month to date averaged 215,509 units at $1,263,602, down from 220,990 shares at $1,307,122 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Sagicor Select Manufacturing & Distribution Fund led trading with 1.55 million shares for 19 percent of total volume, followed by Lasco Manufacturing, that ended with 1.36 million stocks for 16.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.20 million units for 14.7 percent of the day’s trade.
The All Jamaican Composite Index declined 1,049.80 points to 351,870.03, the JSE Main Index lost 795.20 points to finish at 305,067.91 and the JSE Financial Index slipped 0.17 points to 62.71. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.3. 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 2025.
At the close of the market, Caribbean Cement rose $2.90 to $87.50 with investors switching ownership of 138 shares, Guardian Holdings dropped 68 cents and ended at $319.32 with 6 stock units crossing the exchange, NCB Financial shed $1.11 to close at $35.89 with 247,572 shares changing hands. Sagicor Group sank $1.02 to end at $39.98 in an exchange of 579 units, Sagicor Real Estate Fund advanced 83 cents in closing at $7.98 with 200 stocks passing through the market, Supreme Ventures declined by 47 cents to finish at $19.55 after an exchange of 95,968 shares and Wisynco Group popped 57 cents and ended at $19.37 in trading 30,851 stocks.
In the preference segment, 138 Student Living preference share, fell $4.47 to $210 after an exchange of 120 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market skids

July 14, 2025 by
The Jamaica Stock Exchange Main Market lost ground on Monday, as the volume of stocks traded declined 20 percent and the value dived 47 percent from Friday, following trading in 59 securities compared with 55 on Friday, leading to prices of 22 rising, 26 declining and 11 ending unchanged.

The market closed with trading of 10,127,598 shares for $54,364,045, falling from 12,681,799 stock units at $103,301,856 on Friday.
Trading averaged 171,654 shares at $921,424, a fall from 230,578 stocks at $1,878,216 on Friday. Trading for the month to date closed with an average of 230,674 units at $1,347,570 compared with 237,449 shares at $1,396,485 on the prior day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 2.80 million shares for 27.6 percent of total volume followed by JMMB Group 10% which ended with 1.57 million stocks for 15.5 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.46 million stock units for 14.5 percent of the volume traded, Wigton Energy with 1.29 million shares for 12.7 percent of the volume traded and Pulse Investments ended with 1.20 million stocks for 11.9 percent of market trade.
The All Jamaican Composite Index skidded 124.69 points to end at 352,851.24, the JSE Main Index lost 572.60 points to close at 305,698.81 and the JSE Financial Index rose 0.10 points to close at 62.79. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.3. 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 2025.
At the close of trading, Caribbean Cement advanced $1.09 to $84.59 after investors transferred 164,454 shares, JMMB Group slipped 53 cents to a 52 week low of $18.75 as traders exchanged 33,507 stocks, Key Insurance sank 38 cents to close at $2.24 in an exchange of 22 shares. Lasco Distributors popped 40 cents to finish at $3.82 with 3,937 stock units clearing the market, Margaritaville shed $2.54 in closing at $10.22 with traders switching ownership of 266 units, Massy Holdings lost $1.09 to end at $75.90, with trading of 4,786 shares. NCB Financial increased $1 to $35 with investors exchanging 243,221 units, Pan Jamaica climbed $1.51 to finish at $51.28 with 21,874 stocks crossing the market, Proven Investments skidded 42 cents and ended at $17.07 in an exchange of 684 stock units. Sagicor Group rose $1.25 in closing at $40.95 with investors trading 7,622 shares, Seprod gained 95 cents to close at $79.45 after an exchange of 6,208 units, Sygnus Real Estate Finance sank 80 cents to end at $7.25 with investors trading 133 stocks and Wisynco Group dipped 70 cents to $19.30 after an exchange of 12,018 stock units.
In the preference segment, 138 Student Living preference share fell $5.99 and ended at $215 with investors dealing in a mere one share, Productive Business Solutions 10.5% rallied $80 in closing at $1,120 with 6 units crossing the market and Sygnus Credit Investments C10.5% declined $1.50 to end at $108.50 as investors exchanged 11,541 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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ICTOP10’s NCB & MFS drop 17%  

July 12, 2025 by
The big news this week in the ICTOP10 is the 17 percent drop in the price of NCB Financial, to a multi year low of $34, to be the number two listing in the Main Market ICTOP10 and Access Financial jumping 12 percent to close at $19.20 and falling out of the Junior Market ICTOP10.

The Junior Market ICTOP10, Dolla Financial, closed 5 percent higher to $2.54, with MFS Partners dropping 17 percent to 38 cents, followed by Elite Diagnostic with a loss of 7 percent to end at $1.51, Consolidated Bakeries lost 5 percent to $1.51 and Caribbean Assurance Brokers declined by 5 percent to $1.99. Main Market stocks ended 138 Student Living falling 13 percent to $3.65 and Innovative Energy slipping 5 percent to $1.21. QWI Investments, up just 3 percent, was the biggest winner.
Despite climbing 17 percent during the week, Jetcon Corporation made it into the Junior Market ICITOP10 with an earnings forecast of 35 cents. Express Catering dropped out of the All JSE Markets ICTOP10 and is replaced by Consolidated Bakeries.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.4 and shows 15 stocks with the highest values, accounting for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.8, well below half the market’s average of 13.4, with 18 stocks representing 38 percent of the market having PEs ranging from 15 to 40, with an average of 22 and 19 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that will likely deliver the best returns 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. Earnings revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

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