Gains for Main & Junior Markets

March 11, 2025 by
Trading closed Tuesday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, with a greater value than on Monday, resulting in the major Main Market and the Junior Market index rising and the JSE USD Market climbing. At the end of trading the prices of 42 shares rose, 46 declined and 27 remained firm.

At the close of the market, the JSE Combined Market Index advanced 2,735.95 points to close at 339,776.14, the All Jamaican Composite Index dropped 881.85 points to end at 381,353.04, the JSE Main Index climbed 2,744.12 points to settle at 328,614.31, the Junior Market Index rose 15.57 points to 3,560.20 and the JSE USD Market Index declined 0.30 points to 237.56.
At the close of trading, 29,654,488 shares were exchanged in all three markets, up from 18,004,686 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $90million, up from $86.75 million on the previous day and the JSE USD market closed with an exchange of 266,132 shares for US$92,122 compared to 699,719 units at US$22,846 on Monday.
In Main Market activity, Sagicor Select Financial Fund led with 6.29 million shares followed by Wigton Energy with 6.03 million stocks and Transjamaican Highway with 1.58 million units.
In Junior Market trading, Kintyre Holdings led with 1.86 million shares followed by MFS Capital Partners with 1.81 million stocks and ONE on ONE Educational with 1.30 million units.
In the preferred segment, Eppley 7.25% preference share increased $2.03 to close at $19, at the same time 138 Student Living preference share climbed $35.83 to end at $295 and Productive Business Solutions 10.5% preference share rose $50 and ended at $1,050.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2025-26 earnings and 19.6 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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

JSE Main Market trading drops

March 10, 2025 by
Transjamaican Highway led trading with 41 percent of the overall volume of stock exchanged on the Jamaica Stock Exchange Main Market on Monday, as the volume of stocks exchanged fell by 46 percent and the value down 74 percent from the out turn on Friday, following movements in 62 securities up from 59 on Friday, with prices of 19 rising, 26 declining and 17 ending unchanged.

The market closed with trading in 8,671,979 shares for $74,051,831 down from 16,121,646 stock units at $289,183,399 on Friday.
Trading averaged 139,871 shares at $1,194,384 well below 273,248 stocks for $4,901,676 on Friday and month to date, an average of 1,374,980 stocks at $60,452,438 compared with 1,703,635 shares at $76,220,676 on the previous trading day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 3.57 million shares for 41.2 percent of total volume followed by Wigton Energy with 890,204 units for 10.3 percent of the day’s trade and Sagicor Select Financial Fund with 707,529 stocks for 8.2 percent of the volume traded.
The All Jamaican Composite Index advanced 1,196.35 points to close at 382,234.89, the JSE Main Index shed 3,003.13 points to settle at 325,870.19 and the JSE Financial Index increased 0.44 points to wrap up trading at 68.27. The Investor’s Choice bid-offer indicator shows 17 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 15.9. 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 on a day of reduced trading, Caribbean Cement dipped 89 cents in closing at $84.50 with 2,561 units crossing the exchange, Eppley gained $2.70 to end at $37 with investors trading 514 shares, Eppley Caribbean Property Fund rose $3.88 and ended at $39.43 in an exchange of 11 stocks. GraceKennedy climbed $1.10 to finish at $73.60 after 64,712 units changed hands, Guardian Holdings sank $1.14 to end at $298 with traders dealing in 441 stocks, Jamaica Broilers increased $2.02 to close at $37.42 after an exchange of 18,001 shares. Jamaica Producers declined $2.71 to $22.04 after 2,299 stock units passed through the market, JMMB Group advanced $1.73 to close at $22.50 in switching ownership of 311,421 shares. Kingston Properties shed 50 cents to end at $8.50 after an exchange of 14,000 units, Kingston Wharves rallied 50 cents in closing at $28.50 with a transfer of 6,947 stocks, Massy Holdings dropped $10.50 to finish at $71 with 4,011 stock units clearing the market. Proven Investments sank 40 cents to $18.42 in trading 5,500 shares, Scotia Group popped 90 cents to $59.10 with investors dealing in 358,019 units, Seprod gained $2.81 to end at $90 with 4,754 stocks crossing the market and Sygnus Real Estate Finance rose 88 cents in closing at $9.71 in trading 40 stock units.
In the preference segment, Eppley 7.25% preference share slipped $2.03 to finish at $17.22 with 85 shares changing hands, Eppley 7.75% preference share fell 58 cents to close at $19.41 with an exchange of 48 stocks, JMMB Group 10% preferred shares ended at $2 after a transfer of 250,101 units and Productive Business Solutions 10.5% preference share climbed $20 to $1,000 with 55 units crossing the market.
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 & Junior Markets drop USD rises

March 10, 2025 by

Trading closed Monday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, having a lower value than Friday. At the close, the Main Market major indices and the Junior Market index fell and the JSE USD Market rose, resulting from the prices of 38 shares rising, 48 declining and 25 remaining firm.

At the close of the market, the JSE Combined Market Index lost 2,910.24 points to end at 337,040.19, the All Jamaican Composite Index rose 1,196.35 points to 382,234.89, the JSE Main Index dropped 3,003.13 points to 325,870.19, the Junior Market Index fell 5.32 points to finish at 3,544.63 and the JSE USD Market Index enjoyed a healthy rally with a bounce of 16.36 points to settle at 237.86.
At the close of the market on Monday, a total of 18,004,686 shares were exchanged in all three markets, down from 23,374,881 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $86.75 million, well below the $299.11 million on the previous day and the JSE USD market closed with an exchange of 699,719 shares for US$22,846 compared to 1,177,910 units at US$32,735 on Friday.
In Main Market activity, Transjamaican Highway led with 3.57 million shares followed by Wigton Energy with 890,204 stocks and Sagicor Select Financial Fund with 707,529 units.
In Junior Market trading, EduFocal led with 1.91 million shares followed by Fosrich with 1.21 million stocks and Kintyre Holdings with 1.14 million units.
In the preferred shares segment, Eppley 7.25% preference share fell $2.03 and ended at $17 and Productive Business Solutions 10.5% preference share climbed $20 to $1,000.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.3 based on 2024 earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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

Trading jumps on JSE Main Market

March 7, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with a 61 percent jump in the volume of stocks traded accompanied by a 344 percent surge in value over Thursday’s activities, following trading in 59 securities compared with 60 on Thursday, with prices of 26 rising, 17 declining and 16 ending unchanged.

The market closed with 16,121,646 shares trading for $289,183,399 compared with 10,010,074 stock units at $65,070,056 on Thursday.
Trading averaged 273,248 shares at $4,901,414 up from just 166,835 stocks at $1,084,501 on Thursday and month to date, an average of 1,703,635 stocks at $76,220,676 compared with 2,188,651 shares at $100,403,644 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Kingston Wharves led trading with 4.0 million shares for 24.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 2.27 million stocks for 14.1 percent of the day’s trade, Transjamaican Highway closed with 2.21 million units for 13.7 percent of the volume traded, Sagicor Select Manufacturing & Distribution Fund ended with 1.67 million shares for 10.3 percent of the day’s volume and NCB Financial with 1.40 million units for 8.7 percent of market share after the price hit a new 52 weeks’ intraday low of $43.
The All Jamaican Composite Index climbed 1,628.08 points to wrap up trading at 381,038.54, the JSE Main Index rallied 1,734.11 points to conclude trading at 328,873.32 and the JSE Financial Index popped 0.17 points to 67.83. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 16.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Caribbean Cement shed $1.11 to $85.39 with an exchange of 2,993 stocks, Eppley Caribbean Property Fund fell 50 cents to $35.55 with 2,664 shares being traded, Jamaica Broilers rallied 39 cents to end at $35.40 as investors exchanged 234,728 stocks. Jamaica Producers rose 77 cents to finish at $24.75 after 562,628 units passed through the market, JMMB Group declined $1.23 and ended at $20.77 with investors dealing in 6,020 stocks, Kingston Wharves fell $1.65 to close at $28 with 4,003,132 units crossing the market. Lasco Distributors rallied 40 cents to $5.10 with a transfer of 40,288 shares, Massy Holdings increased $4 to close at $81.50 and ended with 40,927 stock units, Pan Jamaica popped $1.98 to $53 in an exchange of 6,021 shares. Proven Investments rose 82 cents and ended at $18.82 with investors trading 6,411 stock units, Salada Foods dipped 38 cents to end at $3.20 after an exchange of 3,139 stock units, Supreme Ventures gained 50 cents in closing at $19 with 54,605 units clearing the market and Sygnus Real Estate Finance sank 42 cents to $8.83 in switching ownership of 352 shares.

In the preference segment, 138 Student Living preferred skidded $10.75 to end at $259.25 in trading 20 units, Productive Business Solutions 10.5% preference share rose $87 in closing at $980 after a transfer of 1,080 stocks, Sygnus Credit Investments 10% sank $4.73 to close at $110.77 with investors swapping 15 stock units and Sygnus Credit Investments C10.5% slipped $2 to finish at $100 after an exchange of 196 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading surge for Jamaican listed stocks

March 7, 2025 by
Trading picked up on Friday over Thursday’s levels on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged carrying a greater value than on Thursday and resulting in the Main Market major indices and the Junior Market index rising and the JSE USD Market falling. At the end of trading the increased trading activity pushed prices of 42 shares higher, 40 lower and 28 remaining firm.

At the close of the market, the JSE Combined Market Index increased 1,760.22 points to wrap up trading at 339,950.43, the All Jamaican Composite Index climbed 1,628.08 points to 381,038.54, the JSE Main Index gained 1,734.11 points to end at 328,873.32, the Junior Market Index rose 14.21 points to settle at 3,549.95 and the JSE USD Market Index slipped 1.26 points to 221.50.
At the close of trading, 23,374,881 shares were exchanged in all three markets, up from 16,802,695 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $299.11 million, up from $80.27 million on the previous day and the JSE USD market closed with an exchange of 1,177,910 shares for US$32,735 compared to 577,225 units at US$58,717 on Thursday.
In Main Market activity, Kingston Wharves led with 4.0 million shares followed by Sagicor Select Financial Fund with 2.27 million stocks and Transjamaican Highway with 2.21 million units.
In Junior Market trading, MFS Capital Partners led with 1.72 million shares followed by Mailpac Group with 898,950 stocks and Lumber Depot with 751,407 units.
In the preference segment, 138 Student Living preference share fell $10.75 to $259, Productive Business Solutions 10.5% preferred share gained $87 to end at $980, Sygnus Credit Investments 10% lost $4.73 in closing at $111 and Sygnus Credit Investments C10.5% declined $2 to finish at $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.5 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with information that is updated regularly to help decision-making. The PE ratio chart covers all ordinary shares listed on Jamaica Stock Exchange, that are grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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

Trading falls back Tuesday elevated levels

March 6, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with an exchange of 97 percent fewer shares traded, with 100 percent less value than on Tuesday, following trading in 60 securities up from 54 on Tuesday, with prices of 15 rising, 28 declining and 17 ending unchanged.

The market closed with trading of 10,010,074 shares with a value of $65,070,056 significantly below the 357,436,208 stock units that were exchanged at $17,338,588,441 on Tuesday, following Pan Jamaica that dominated trading with over 344 million shares, with a value of $17.3 billion.
Trading ended with an average of 166,835 shares with a value of $1,084,501 compared to 6,619,189 stocks valued at $321,084,971 on Tuesday and month to date, an average of 2,188,651 units valued at $100,403,644 compared with 3,252,766 shares at $152,676,877 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 3.29 million shares for 32.9 percent of total volume followed by Wigton Energy with 1.09 million units for 10.9 percent of the day’s trade and Sagicor Select Financial Fund with 602,322 stocks for 6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,140.91 points to settle at 379,410.46, the JSE Main Index fell 470.75 points to conclude trading at 327,139.21 and the JSE Financial Index skidded 0.18 points to finish at 67.66. 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 15. 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 trading following the closure of the market on Ash Wednesday, AS Bryden climbed 88 cents to finish trading at $29.01 with 734 stock units crossing the market, Caribbean Cement sank 50 cents and ended at $86.50 in switching ownership of 6,522 shares, Eppley Caribbean Property Fund fell $3.40 to $36.05 after an exchange of 1,414 stocks. GraceKennedy sank $1.50 to close at $72.50 with a transfer of 18,568 units, Guardian Holdings dropped 86 cents to end at $299.14 with 24 shares crossing the exchange, Jamaica Broilers lost $1.69 in closing at $35.01 with investors dealing in 131,935 stock units. JMMB Group slipped 45 cents to $22 in an exchange of 201,315 stocks, NCB Financial shed 90 cents to end at a 52 weeks’ low of $45.20 with investors swapping 125,428 units,  Pan Jamaica declined $2.08 and closed at $51.02 after an exchange of 10,847 stocks, just a fraction of the volume passing through the market on Tuesday. Seprod dipped 95 cents to finish at $87 in trading 1,736 shares, Supreme Ventures skidded $1 and ended at a 52 weeks’ low of $18.50 with 352,695 stock units changing hands and Sygnus Credit Investments sank 66 cents to close at $12.70 as investors exchanged 37,164 units.

In the preference segment, Eppley 7.75% preference share increased $1.99 to $19.99 in the trading of 49 stocks, 138 Student Living preference share dropped $49.81 to close at $270 with an exchange of 22 units and Sygnus Credit Investments C10.5% shed 50 cents to end at $102 with 29 shares crossing the market.
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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading plunges on the JSE Markets

March 6, 2025 by
Trading resumed on Thursday after the closing of the Jamaica Stock Exchange for the Ash Wednesday holiday and ended with a fall in the volume and value of stocks exchanged, following the big trade in Pan Jamaica shares on Tuesday resulting from Boswell Investments splitting their holdings in Pan Jamaica into separate owners. Trading resulted in a slide in major indices and ended trading with the prices of only 30 shares rising, 53 declining and 30 remaining firm.

At the close of the market, the JSE Combined Market Index slipped 648.47 points to conclude trading at 338,190.21, the All Jamaican Composite Index sank 1,140.91 points to end at 379,410.46, the JSE Main Index declined 470.75 points to 327,139.21, the Junior Market Index fell 27.68 points to end at 3,535.74 and the JSE USD Market Index slipped 1.13 points to finish at 222.76.
At the close of trading, 16,802,695 shares were exchanged in all three markets, down from 361,644,788 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $80.27 million well off from $17.35 billion on the previous day and the JSE USD market closed with an exchange of 577,225 shares for US$58,717 up from 233,083 units at US$9,836 on Tuesday.
In Main Market activity, Transjamaican Highway led with 3.29 million shares followed by Wigton Energy with 1.09 million stocks and Sagicor Select Financial Fund with 602,322 units.
In Junior Market trading, Indies Pharma led with 1.07 million shares followed by Everything Fresh with 946,403 stocks and Express Catering with 602,987 units.
In the preference segment, Eppley 7.75% preference share advanced $1.99 to end at $20 and 138 Student Living preference share sank $49.81 in closing at $270.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all the ordinary shares that are quoted on the Jamaica Stock Exchange and grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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

$17 billion Pan Jamaica trade

March 4, 2025 by

Trading surged on the Jamaica Stock Exchange Main Market on Tuesday following an exchange of a large volume of Pan Jamaica shares, with 344.37 million units of the company’s stock valued at $17.3 billion were exchanged, sending the volume and value of stocks traded in the market well above Monday’s outturn. Trading ended with the volume of stocks traded rising 2,572 percent and the value 25,943 percent more than Monday, with trading in 54 securities, down from 60 on Monday, with prices of 18 rising, 19 declining and 17 ending unchanged resulting in a slide in the market indices.

The market closed with 357,436,208 shares trading for $17,338,588,441 up sharply from 13,379,073 stock units at $66,575,572 on Monday.
Trading averaged 6,619,189 shares at $321,084,971 well above the 222,985 stocks at $1,109,593 on Monday and for the month to date, an average of 3,252,766 units at $152,676,877, up from an average of 405,332 stock units at $1,953,730 in February.
Pan Jamaica led trading with 344.37 million shares for 96.3 percent of total volume followed by JMMB 9.5% preference share with 7.05 million stocks for 2 percent of the day’s trade and Transjamaican Highway with 1.67 million units for 0.5 percent of the day’s volume.
The All Jamaican Composite Index sank 3,473.21 points to close at 380,551.37, the JSE Main Index dropped 2,147.94 points to finish at 327,609.96 and the JSE Financial Index declined 1.36 points to cease trading at 67.84. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 16.6. 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, Caribbean Cement increased by 37 cents to $87 with 2,387 stocks crossing the market, Carreras rose 95 cents in closing at a 52 weeks’ high of $15.90 with investors trading 288,876 shares, General Accident rose 70 cents to finish at $5.97 after 6,236 units passed through the market. Guardian Holdings rallied $2 and ended at $300 with an exchange of 16 stocks, JMMB Group popped 45 cents to close at $22.45 after 69,318 units changed hands, Kingston Properties advanced 70 cents to end at $9 with investors trading 60 stocks. Kingston Wharves skidded 36 cents in closing at $29.64 in switching ownership of 1,249 shares, Massy Holdings sank 50 cents to $77.50 with investors swapping 844 stock units, NCB Financial dipped $1.55 to end at a 52 weeks’ low of $46.10 after a transfer of 51,269 shares. 138 Student Living gained 36 cents to close at $3.96 with 1,315 stocks crossing the exchange, Pan Jamaica dropped $5.80 and ended at $53.10 with a transfer of 344,365,449 units, Proven Investments declined 84 cents to finish at $17.66 as investors exchanged 564 stocks. Salada Foods popped 52 cents to $3.58 in trading 2,583 shares and Sygnus Real Estate Finance fell 72 cents to end at $9 after an exchange of 2,789 stocks.
In the preference segment, Productive Business Solutions 10.5% preference share dropped $127 in closing at $893 with investors trading 550 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Pan Jamaica trades 344 million shares

March 4, 2025 by
Trading surged on Tuesday following a big exchange in Pan Jamaica shares, accounting for 344.37 million units valued at $17.3 billion on the Jamaica Stock Exchange, sending the volume of stocks exchanged in the market well above that on Monday, with the value surging higher. Trading ended with the Main Market major indices falling, the Junior Market index inching higher and the JSE USD Market slipping.

At the end of trading the prices of 32 shares rose, 40 declined and 28 remained firm.
At the close of the market, the JSE Combined Market Index declined by 2,031.67 points to 338,838.68 while the All Jamaican Composite Index dropped 3,473.21 points to wrap up trading at 380,551.37, the JSE Main Index declined 2,147.94 points to finish at 327,609.96, the Junior Market Index gained 3.14 points to end at 3,563.42 and the JSE USD Market Index fell 0.37 points to finish at 223.89.
At the close of trading, 361,644,788 shares were exchanged in all three markets, up sharply from 20,780,018 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $17.35 billion, in contrast to just $81.49 million on the previous day and the JSE USD market closed with an exchange of 233,083 shares for US$9,836 compared to 245,926 units at US$7,499 on Monday.
In Main Market activity, Pan Jamaica led with 344.37 million shares followed by JMMB 9.5% preference share with 7.05 million stocks and Transjamaican Highway with 1.67 million units.
In Junior Market trading, ONE on ONE Educational led with 649,818 shares followed by Jamaican Teas with 445,140 stocks and JFP Ltd with 335,010 units.
In the preference segment, Productive Business Solutions 10.5% preference share declined $127 to $893.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 19.8 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated data to assist in decision-making. The PE ratio chart covers all the ordinary shares quoted on the Jamaica Stock Exchange and are grouped by industry, allowing for ease in comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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

JSE Main Market dives into March

March 3, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 40 percent and the value 48 percent lower than on Friday, with trading in 60 securities compared with 62 on Friday, with prices of 19 rising, 28 declining and 13 ending unchanged, on the first day of trading in March.

The market closed with 13,379,073 shares trading for $66,575,572 compared with 22,307,712 stock units at $127,310,156 on Friday.
Trading ended with an average of 222,985 shares valued at $1,109,593 compared to 359,802 stocks at $2,053,390 on Friday and February that ended with an average of 405,332 units at $1,953,730.
Wigton Energy led trading with 4.03 million shares for 30.1 percent of total volume followed by Transjamaican Highway that ended with 3.29 million stocks for 24.6 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.14 million shares for 8.5 percent of the volume traded and Sagicor Select Financial Fund with 1.11 million units for 8.3 percent of the market share.
As is commonly accepted at the start of the month, the All Jamaican Composite Index shed 532.57 points to end at 384,024.58, the JSE Main Index dropped 1,611.89 points to conclude trading at 329,757.90 and the JSE Financial Index rose 0.02 points to settle at 69.20. The Investor’s Choice bid-offer indicator shows 12 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 15.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, AS Bryden fell $2.87 to $28.13 after the transfer of 1,843 stocks, Caribbean Cement declined $1.37 to end at $86.63 as investors exchanged 3,635 units, First Rock Real Estate sank 73 cents in closing at $8.56 with 1,230 shares clearing the market. General Accident fell 90 cents and ended at $5.27 with traders dealing in 11,451 stock units, Guardian Holdings dipped $6 to close at $298 with 428 shares crossing the exchange, Jamaica Broilers sank 94 cents to finish at $36.50 with investors swapping 1,497 units. JMMB Group shed 45 cents and ended at $22 with 40,293 stocks passing through the market, Kingston Properties dropped $1.15 to $8.30 in trading 12,090 stock units, Massy Holdings skidded $3.30 in closing at $78 with 608 shares changing hands. Mayberry Group increased 45 cents to end at $7.85 after 7,421 stocks were traded, 138 Student Living slipped 40 cents to $3.60 with investors dealing in 5,186 units, Sagicor Group climbed 51 cents to close at $42.50 in an exchange of 24,620 stock units and Supreme Ventures lost 70 cents to close at $19.50 with investors trading 402,011 shares.

In the preference segment, JMMB Group 7.15% – 2028 rose 44 cents and ended at $2.99 with an exchange of 8,416 stocks, 138 Student Living preference share rallied $30 to end at $320 with 65 units crossing the market and Sygnus Credit Investments C10.5% popped $6.44 in closing at $102.50 in switching ownership of 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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