The selloff in shares of Transjamaican Highway, Jamaica’s first toll-road operator continued on Monday following the announcement by the country’s Prime Minister of the sale of government interest in the company in a public offer. With that potential offer hanging over the market, investors would be more inclined to hold off buying currently and await the offer rather than tying up funds now, at a price that could head lower.
At the close of the day the stock dropped 17 cents to close at $4.03 in heavy trading that went as low as $3.87. Elsewhere, trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded overall declining 11 percent and the value 10 percent lower than on Friday, following trading in 61 securities compared with 60 on Friday, with prices of 25 rising, 22 declining and 14 ending unchanged.
The market closed with 13,163,986 shares trading for $64,249,076 down from 14,725,334 stocks at $71,113,191 on Friday. Trading averaged 215,803 shares at $1,053,264 just below 245,422 stocks at $1,185,220 on Friday and month to date, an average of 229,728 units at $1,748,852 compared with 230,553 shares at $1,790,087 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led trading with 9.17 million shares for 69.7 percent of total volume followed by Wigton Energy which ended with 790,747 stock units for 6 percent of the day’s trade and JMMB Group 7.35% – 2028 with 613,148 stocks for 4.7 percent of the volume traded.
The All Jamaican Composite Index rallied 3,023.20 points to 387,639.84, the JSE Main Index climbed 2,377.58 points to settle at 334,994.37 and the JSE Financial Index increased a mere 0.16 points to finish at 68.98. The Investor’s Choice bid-offer indicator shows 10 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 14.5. 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 a moderate day of trading, AS Bryden rose $1.79 and ended at $31.79 with 667 shares switching owners, Barita Investments declined 37 cents to $73.62 after a transfer of 4,026 stocks, Caribbean Cement rallied $1.80 to end at $88 with 4,537 units changing hands. Eppley Caribbean Property Fund popped $1 in closing at $38 in an exchange of 317 stock units, First Rock Real Estate climbed 77 cents to close at $9.97 with 62,629 shares passing through the market, GraceKennedy lost 80 cents to finish at $73.10 with investors dealing in 10,883 stock units.
Guardian Holdings slipped $8 to $301 after an exchange of 4,500 stocks, JMMB Group increased 50 cents to close at $21 with 122,580 units crossing the market, Kingston Wharves gained $1.24 to end at $31.97 with an exchange of 46,289 shares. Margaritaville advanced 49 cents in closing at $14.69 with just 6 stocks being traded, NCB Financial fell 40 cents and ended at $50.10 with a transfer of 136,686 stocks, Sagicor Group popped $1.94 to finish at $39.99 with investors swapping 9,289 units. Seprod advanced $1.49 and ended at $85.50 after an exchange of 2,433 shares and Stanley Motta rose $1.29 to $7.70 in trading a mere 350 units.
In the preference segment, Jamaica Public Service 9.5% sank $4 to close at $2,686 with 15 stocks crossing the exchange and 138 Student Living preferred share drpoped $40.87 to end at $238 with traders dealing in 54 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
In the Main Market ICTOP10, Scotia Group gained 13 percent to end at $62.00, Jamaica Broilers rose 4 percent in closing at $38.60 and Caribbean Producers declined 6 percent to $8.45.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 274 percent by May 2025, providing better values than the Junior Market, projected to achieve a 154 percent increase for the same time.
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.
At the close of the the Jamaica Stock exchange 14,725,334 shares were traded at $71,113,191 versus 6,256,844 stock at $94,236,504 on Thursday.
At the close of trading, AS Bryden dipped $1.77 and ended at $30 after an exchange of 9,288 stock units, Barita Investments climbed 49 cents to $73.99 with investors swapping 530 shares, Berger Paints rose 50 cents in closing at $8.30 in an exchange of 5,945 units. Caribbean Cement declined $1.79 to finish at $86.20 with 6,283 units being traded, GraceKennedy gained 40 cents to end at $73.90 after hitting a 52 weeks’ intraday low of $70 with a transfer of 65,107 shares, Guardian Holdings popped $8.90 to close at $309 with 30 stock units clearing the market. Jamaica Broilers shed 90 cents to close at $38.60 with traders dealing in 156,817 stocks, JMMB Group declined 40 cents to end at $20.50 with 69,516 stock units passing through the market, Kingston Wharves advanced 72 cents to close at $30.73 with investors trading 3,650 shares. 
Margaritaville lost 49 cents to close at $14.20 with 802 stocks crossing the market, Mayberry Group increased 48 cents and ended at $8 in trading 7,463 units, Pan Jamaica rallied $2.21 to finish at $54 after an exchange of 612 stock units. Proven Investments rose $2.58 to $20.50 with investors dealing in 302,665 shares, Sagicor Group climbed $1.05 to close at $38.05 in an exchange of 13,587 stock units, Scotia Group gained $1 and ended at $62 with investors trading 32,167 stocks. Seprod skidded 49 cents to end at $84.01 with an exchange of 368 units and Stanley Motta sank $1.59 to finish at $6.41 with 4,423 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 6,256,844 shares at $94,236,504 in contrast to 14,230,000 stocks at $63,207,258 on Wednesday.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings computed by ICInsider.com for companies with the financial year ending around August 2025.
Pan Jamaica popped $1.18 to close at $51.79 with investors swapping 2,430 units, Proven Investments lost $3.50 in closing at $17.92 with an exchange of 600 stocks, Sagicor Group slipped $2 to end at $37 with 108,660 stock units having been traded at the close. Scotia Group increased $1.02 to $61 with traders dealing in 103,450 shares, after the price hit an intraday low of $56.59, Seprod climbed 50 cents to $84.50 after an exchange of 150 stocks and Sygnus Real Estate Finance gained 38 cents to close at $10.28 with 450 units crossing the market.
Productive Business Solutions 10.5% preference share skidded $165 to end at a 52 weeks’ low of $935 with the trading of 113 stock units and Sygnus Credit Investments C10.5% gained $5 to $109 with 5,622 stocks passing through the market.
The market closed with trading of 14,230,000 shares for $63,207,258 compared to 9,345,201 stock units at $253,994,490 on Tuesday.
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.
NCB Financial rose 40 cents to finish at $50.65 with investors trading 5,210 shares. Proven Investments gained 94 cents and ended at $21.42 in switching ownership of 14,194 units, Scotia Group sank $3.02 to end at $59.98 after 45,840 stocks passed through the market, Seprod skidded $1 to close at $84 in trading 9,112 stock units. Sygnus Credit Investments popped 80 cents to $12.80 after a transfer of 21,547 shares and Wisynco Group climbed 44 cents in closing at $21.59 with 222,260 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 9,345,201 shares trading for $253,994,490 up from 5,102,009 units at $45,848,686 on Monday.
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.
Kingston Properties shed 58 cents to close at $8.41 with trading of 1,016 shares. Kingston Wharves popped $1.78 to end at $30.09 after an exchange of 9,436 stock units, Massy Holdings sank $1.45 in closing at $82.50 after investors ended trading 4,051 stocks, Mayberry Group rallied 73 cents to finish at $8.29 after a transfer of 3,406 units. MPC Caribbean Clean Energy advanced $4.98 to $70 with traders dealing in 250 shares, Pan Jamaica dipped $3.68 to end at $50.32 after an exchange of 10,300 stock units, Proven Investments popped $2.58 to close at $20.48 with a transfer of 893 stocks. Scotia Group climbed $2 to finish at a 52 weeks’ closing high of $63, after trading at an intraday high of $63.99 with 21,024 units crossing the exchange, Seprod rose $1 and ended at $85 with 5,735 shares switching owners, Stanley Motta advanced $1 to close at $8 50 with stock units crossing the market and Wisynco Group slipped 73 cents to $21.15 with investors dealing in 35,141 stocks.
In the preference segment, 138 Student Living preferred share declined $43 to close at $238.75 with 50 units passing through the market and Productive Business Solutions 10.5% preference share skidded $13.99 to end at $1,100 with an exchange of 207 shares.
The market closed with the 
At the close of trading activity, Caribbean Cement climbed $1.09 to $87 in an exchange of 159,933 stocks, Caribbean Producers fell 69 cents to close at $8.31 with 9,575 stocks clearing the market, Eppley Caribbean Property Fund sank $1.10 to $36.90 following a transfer of 9,738 shares. First Rock Real Estate slipped 95 cents to close at $8.50 with 5,503 stocks crossing the exchange, JMMB Group fell 35 cents to $20.90 with 68,424 stocks changing hands, Mayberry Group shed 83 cents to finish at $7.56 with an exchange of 11,146 stocks. Pan Jamaica rose $3.11 and ended at $54 after 537 units crossed the market, Proven Investments sank $3.10 to $17.90 after an exchange of 6,700 stock units, Sagicor Group lost $1 to close at $39 with investors swapping 5,521 shares. Scotia Group gained $6 to end at a 52 weeks’ closing high of $61 with 50,871 stock units switching owners, after trading at an intraday high of $62, Seprod dropped $1 to close at $84 as investors exchanged 19,018 stocks, 
Supreme Ventures popped 49 cents to finish at $21.99 closing at 4,569 units and Wisynco Group increased 43 cents and ended at $21.88 with investors trading 54,779 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 25,420,490 shares trading for $137,218,439 compared with 12,971,604 stock units at $78,127,187 on Thursday. Trading averaged 416,729 shares at $2,249,483 compared to 209,219 stocks at $1,260,116 on Thursday and month to date, an average of 257,311 stock units at $1,801,920 compared with 242,754 shares at $1,761,050 on the previous day and December averaging 967,720 stock units at $18,390,902.
At the close of market activity on Friday, AS Bryden dropped $1.80 to finish at $30.20 after an exchange of 15,461 shares, Barita Investments declined 48 cents and ended at $73.50 with investors dealing in 9,711 stock units, Caribbean Cement shed $3.88 to close at $85.91 after exchanging 2,926 shares. Eppley rallied $2 to end at $37 with a transfer of 19 stock units, GraceKennedy sank 68 cents in closing at $74.02 after an exchange of 54,680 shares, Jamaica Broilers skidded $3.29 to close at $37.21 in trading 10,613 stock units. Jamaica Producers fell 95 cents to $23.70 after a transfer of 13,054 units, Jamaica Stock Exchange rose 39 cents to close at $12.99 with traders dealing in 13,854 stocks, Kingston Wharves dropped $2.48 to end at $28.02 with 10,754 units passing through the market. MPC Caribbean Clean Energy fell $5 to finish at a 52 weeks’ low of $65 with investors trading 15 shares, 
NCB Financial advanced 55 cents and ended at $50.75 with 125,859 stock units crossing the market, Pan Jamaica dropped $5.10 to close at $50.89 with investors swapping 3,572 stocks. Seprod declined 60 cents to $85 with 3,652 units changing hands and Supreme Ventures sank 50 cents to close at $21.50 with an exchange of 11,992 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading in 12,971,604 shares for $78,127,187, down from 14,875,532 stock units at $170,956,270 on Wednesday.
Jamaica Broilers skidded 49 cents and ended at $40.50 in an exchange of 43,693 stocks, Jamaica Producers gained 75 cents to finish at $24.65 in trading 502 shares. Kingston Wharves advanced 50 cents to close at $30.50 with 2,567 stocks crossing the market, Mayberry Group rose 84 cents to close at $8.40 after a transfer of 23,202 stock units, Mayberry Jamaican Equities advanced 62 cents to end at $9.99 with investors dealing in 5,340 stock units. Pan Jamaica rose $5.10 in closing at $55.99 with a mere 5 shares, Proven Investments climbed $3.30 to $20.80 after an exchange of 45,359 stock units, Seprod increased $1.58 to end at $85.60 with a transfer of 2,738 stocks. Sterling Investments rallied 43 cents and ended at $2.80 with 1,776,929 units crossing the exchange, Supreme Ventures gained 85 cents to close at $22 with 8,325 shares switching owners and Sygnus Credit Investments dipped 49 cents to finish at $12.01 after an exchange of 11,582 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The 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.
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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.