The Jamaica Stock Exchange Main Market ended a steady trading session on Monday, with a 64 percent fall in the volume of stocks traded with a 38 percent lower value than on Friday, following trading in 65 securities compared with 60 on Friday, with prices of 21 rising, 25 declining and 19 ending unchanged.
The market closed with an exchange of 5,131,113 shares for $48,974,965 down sharply from 14,203,187 stock units at $79,115,438 on Friday.
Trading averaged 78,940 shares at $753,461 compared to 236,720 units at $1,318,591 on Friday. Trading for the month to date averages 354,824 units at $2,277,557 compared with 372,703 units at $2,376,327 on the previous trading day and an average of 680,802 units at $3,619,595 in April
Transjamaican Highway led trading with 1.49 million shares for 29 percent of total volume followed by Wigton Windfarm with 1.19 million stock units for 23.2 percent of the day’s trade and Sagicor Select Financial Fund with 485,182 units for 9.5 percent of the market.
The All Jamaican Composite Index popped 148.69 points to end the day at 354,558.12, the JSE Main Index fell 571.38 points to 316,691.12 and the JSE Financial Index popped 0.35 points to 67.62.
The Main Market ended trading with an average PE Ratio of 13.3. 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 12 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden fell $2.64 to $34.31 after a transfer of 572 stock units, Berger Paints rallied 39 cents to end at $8.39, with 53,325 shares crossing the market, Caribbean Cement popped 30 cents to $63.80 with investors trading 6,266 units. Eppley advanced 50 cents to finish at $39.50, with 862 stocks changing hands, Eppley Caribbean Property Fund rose 60 cents and ended at $40 after an exchange of 2,436 units, First Rock Real Estate shed 40 cents to close at $9.70 as 30,617 stocks passed through the market. General Accident climbed 74 cents to $7.09 with traders dealing in a mere 1,015 shares, GraceKennedy declined 36 cents to $73.50 in switching ownership of 91,189 stock units, Jamaica Broilers lost 50 cents to end at $31 with 28,550 shares clearing the market. Jamaica Producers dipped $3.13 and ended at $18.01 in trading 65,775 stock units, Jamaica Stock Exchange sank 95 cents to finish at $10, with 65,106 units crossing the market, Lasco Distributors dropped 31 cents to close at $5.19 with investors transferring 30,496 stocks.
Mayberry Jamaican Equities skidded 91 cents to $9.51 after an exchange of 41,564 units, MPC Caribbean Clean Energy slipped $1.16 to close at $91.99 with a transfer of 331 stocks, NCB Financial rallied $1.98 to close at $61.99, with 96,708 shares crossing the exchange. Pan Jamaica gained $1 and ended at $46 with investors swapping 2,623 stock units, Portland JSX lost 77 cents to end at $7.81 after investors exchanged just 19 shares, Proven Investments dipped 49 cents to $21 and closed with an exchange of 13,650 stock units. Sagicor Real Estate Fund fell 49 cents to $7.15 as investors exchanged 447 stocks, Stanley Motta rose 91 cents to end at $6.06 following trading of 6,095 units and Wisynco Group climbed 50 cents in closing at $21.50 in an exchange of 35,184 shares.
In the preference segment, Eppley 7.25% preference share sank $2.94 and ended at $17.06 with investors dealing in 59,061 units, Productive Business Solutions 10.5% preference share jumped $165 to close at $1,200 in an exchange of 23 stocks and Productive Business Solutions 9.75% preference share popped $6.50 to finish at $113.50 and closed after 415 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dropping from the ICTOP10 are Dolla Financial from the Junior Market and Lasco Manufacturing and Jamaica Broilers from the Main Market.
With the investing environment slowly improving, the company appears set to enjoy a profitable year, accordingly, ICInsider.com’s estimate is for earnings of 50 cents per share, which could be bettered if investments deliver more returns in the next three quarters.
The average PE in the top half of the market is 17 and is possibly the lowest fair value measure for stocks, currently.
The market closed with 14,203,187 shares trading for $79,115,438 versus 7,063,416 stock units at $68,154,039 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.6. 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.
Pan Jamaica gained 40 cents to end at $45 in an exchange of 71,493 stocks, Sagicor Group increased $1 and ended at $41, with 68,224 units changing hands, Scotia Group skidded $2.79 to finish at $41.50 with investors trading 80,038 stock units. Seprod climbed $1.30 and ended at $78.50 with 5,238 shares clearing the market and Supreme Ventures shed 70 cents to $24.30 after exchanging 31,826 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with 7,063,416 shares changing hands at $68,154,039 down from 10,788,125 units at $73,059,080 on Tuesday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
Proven Investments advanced 44 cents to $21.44 with investors exchanging 2,462 shares, Seprod fell $1.39 to end at $77.20 with a transfer of 126,618 units, Stanley Motta skidded $2.34 in closing at $5.15 after 10,000 stocks passed through the market. Sygnus Credit Investments rose 30 cents to close at $10.78 in trading 5,150 stock units, Sygnus Real Estate Finance climbed 40 cents and ended at $11, with 164 shares crossing the market and Wisynco Group gained 50 cents to finish at $21 in an exchange of 11,932 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 10,788,125 shares for $73,059,080 compared with 7,531,690 units at $58,984,158 on Monday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
NCB Financial dropped $1.20 to close at $61.80 as investors exchanged 128,091 stock units. This is not a healthy sign for the company’s APO priced at $65 per share. Portland JSX climbed 89 cents and ended at $8.58, with just 6 stocks crossing the market, Proven Investments declined 43 cents to finish at $21 with an exchange of 5,652 stock units. Scotia Group rose $2.10 to $44 and closed after 27,553 shares changed hands, Stanley Motta advanced 90 cents to finish at $7.49 with investors transferring 5,613 stock units, Supreme Ventures rallied 40 cents and ended at $25 in an exchange of 38,973 stocks. Sygnus Real Estate Finance slipped 40 cents to end at $10.60 with investors swapping 8,316 units and Wisynco Group fell 75 cents in closing at $20.50 after 176,361 stocks crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading accounted for an exchange of 7,531,690 shares for $58,984,158 down from 26,822,609 stock units at $484,009,143 on Friday.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing advanced 32 cents to finish at $5.70 as investors exchanged 537,047 stocks, Pan Jamaica sank $1.50 to close at $46 in trading 2,087 stock units. Sagicor Group dipped 40 cents to $40 after an exchange of 71,182 shares, Scotia Group dropped $1.35 to close at $41.90 with investors dealing in 23,949 units, Seprod gained 59 cents to finish at $78.59 after exchanging 52,091 stocks. Supreme Ventures shed 40 cents and ended at $24.60 with investors trading 16,871 stock units, Sygnus Real Estate Finance rallied 39 cents in closing at $11 in an exchange of 27 shares and Wisynco Group increased 75 cents to end at $21.25 with traders dealing in 91,445 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dropping from the ICTOP10 this week are ISP Finance from the Junior Market and from the Main Market General Accident and Scotia Group. Earnings for ISP Finance were adjusted to $1.60 per share to reflect what the first quarter results suggest. Prices of General Accident and Scotia Group moved up slightly and were replaced by stocks that had lower prices by the end of the week.
Dolla Financial is the only new listing for the ICTOP10 Junior Market for the week. In the Main Market, Pulse Investments and Lasco Manufacturing which dropped out of the list last week, are now in the ICTOP10.
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.
The market closed with 26,822,609 shares trading for $484,009,143 up from just 6,147,676 units for a mere $35,957,977 on Thursday.
The All Jamaican Composite Index climbed 1,282.66 points to 358,400.25, the JSE Main Index increased 854.69 points to end trading at 321,317.22 and the JSE Financial Index rose 0.34 points to settle at 68.27.
Jamaica Broilers popped 49 cents to close at $31 after 22,298 units crossed the market, Jamaica Stock Exchange sank $2.01 to close at $9.25 after an exchange of 3,201 stocks, JMMB Group shed 51 cents to end at $23.50 after 27,027 units were traded. Kingston Wharves advanced $1.04 to close at $26 with an exchange of 8,458 stocks, Mayberry Group gained 50 cents in closing at $8 as 10,016 shares passed through the market, NCB Financial rose $1 to end at $63 as investors exchanged 569,374 stock units. Pan Jamaica gained $1.50 to close at $47.50 with a transfer of 5,734 shares, Sagicor Real Estate Fund popped 59 cents to close at $7.64 after an exchange of 23 stocks, Scotia Group rallied $1.75 in closing at $43.25 with investors transferring 64,233 units. Seprod declined $2 to end at $78, with 614 stock units changing hands and Wisynco Group lost 65 cents to finish at $20.50 after an exchange of 8,096 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 6,147,676 shares for $35,957,977 compared with 12,161,308 units at $176,680,058 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.4. 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.
GraceKennedy sank $2 to $74 with a transfer of 92,957 units, Guardian Holdings climbed $9.98 to finish at $369.98 after 200 stock units passed through the market, Jamaica Broilers slipped 59 cents and ended at $30.51 with investors transferring 40,644 shares. Jamaica Stock Exchange popped $2.22 to close at $11.26 after an exchange of 11,305 stock units, JMMB Group lost 49 cents in closing at $24.01 in trading of 105,121 units, Kingston Wharves dipped $1.04 to end at $24.96 and closed after an exchange of 3,446 stocks. NCB Financial skidded $1.99 in closing at $62 with an exchange of 39,680 units, Pan Jamaica fell $1.50 to $46, with 3,190 stocks crossing the market, Sagicor Real Estate Fund shed 59 cents to finish at $7.05 as investors exchanged 307 shares. Scotia Group dipped 50 cents and ended at $41.50 in switching ownership of 112,313 stock units and Stanley Motta lost 93 cents to end at $6.61, with 3,572 shares changing hands.
In the preference segment, 138 Student Living preference share skidded $4.03 to close at $214 in an exchange of 22 stock units, Productive Business Solutions 9.75% preference share sank $8.50 to $105 with investors dealing in 1,200 stocks and Sygnus Credit Investments C10.5% slipped $2 to finish at $108 after exchanging 500 units.
Trading closed with an exchange of 12,161,308 shares for $176,680,058 compared to 31,493,482 stock units at $262,090,658 on Tuesday.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
Margaritaville climbed 92 cents and ended at $15 with investors trading just one share, Massy Holdings popped $1.89 to $89.89 in an exchange of a mere one stock unit, Mayberry Group lost 50 cents to close at $7.50, with 294 units crossing the market. NCB Financial gained $2.49 to finish at $63.99 in an exchange of 1,624,909 stock units, Pan Jamaica rallied $2.19 to $47.50, with 2,456 shares changing hands, Proven Investments advanced 43 cents in closing at $21.43 with 3,766 units crossing the exchange. Sagicor Group gained 55 cents to $40.55 in trading 9,907 stocks, Scotia Group slipped $1.20 to close at $42, with 161,192 stock units crossing the market, Seprod popped $1.01 in closing at $80 as investors exchanged 9,844 shares and Wisynco Group advanced $1 and ended at $21 after a transfer of 120,383 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.