Winners finished neck and neck with declining stocks on the Jamaica Stock Exchange Main Market on Monday, with trading in 63 securities from 59 on Friday. A total of 50 stocks were equally shared between those rising and declining, leaving 13 unchanged. The number of stocks traded fell 45 percent and the value dropped 54 percent compared to Friday.
The market closed with 5,092,750 shares trading valued $71,147,987 after dropping from 9,228,296 stock units at $154,835,594 on Friday.
Trading averaged 80,837 shares at $1,129,333, lower than the 156,412 stock units at $2,624,332 on Friday. Trading month to date ended at an average of 272,408 stock units at $2,644,119, with a fall from 287,253 shares at $2,761,501 on the prior day and well below August with an average of 895,289 stock units at $10,824,938.
Transjamaican Highway continue to lead trading with a mere 1.85 million shares for 36.4 percent of total volume, followed by Wigton Energy with 832,914 units for 16.4 percent of the day’s trade and Sagicor Group with 309,259 stocks for 6.1 percent of the volume traded.
The All Jamaican Composite Index popped 3,479.94 points to close at 438,173.40, the JSE Main Index rose 3,075.12 points to finish at 369,775.27 and the JSE Financial Index increased 0.51 points to end at 70.44. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.2. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden popped 50 cents to $24.45 with 68 stocks being traded, Eppley dipped $2 to $31 following a transfer of 2,007 shares, First Rock Real Estate shed 76 cents in closing at $4.25 with 4,737 stocks clearing the market. General Accident fell 66 cents and ended at $8.10 in switching ownership of 3,824 units, GraceKennedy gained $2.90 to finish at $79.50 as investors exchanged 33,913 stocks, Guardian Holdings skidded $5.96 to close at $364 after a transfer of 18 units. Margaritaville lost $3.15 to $8.20 with 5 shares crossing the market, Massy Holdings dipped $1.05 to close at $74 with an exchange of 1,041 stock units, MPC Caribbean Clean Energy dropped 59 cents and ended at $18.01 with 1,224 shares crossing the market and Pan Jamaica rose $1.10 in closing at $44.10 with investors trading 803 stocks.
In the preference segment, Jamaica Public Service 7% slipped $4.98 to end at $30.02 after an exchange of 22 stock units, Jamaica Public Service 9.5% fell $4 to finish at $2,156 with investors dealing in 50 stock units. 138 Student Living preference share dropped $28.99 to $201.01 with a transfer of 35 shares, Sygnus Credit Investments 10% rallied $8.99 to $113.99 after trading of 302 stock units and Sygnus Credit Investments C10.5% shed $5 to finish at $95 with 15,757 stocks crossing the exchange.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 393,635 shares for US$34,946, compared to 510,507 stock units at US$35,262 on Friday.
A total of 34,074,813 shares worth $36,835,128 changed hands in a surge from 6,915,830 stock units at $9,645,165 on Friday.
Cargo Handlers rallied by $1.57 and ended at $15.83 with a transfer of 377 stocks, Caribbean Cream gained 24 cents to finish at $2.64 with 2,406 shares crossing the market, Caribbean Flavours rose 10 cents to close at $1.37 with investors trading 65,523 units. Consolidated Bakeries advanced 5 cents to $1.40 with an exchange of 57 shares, Derrimon Trading rose 8 cents to close at 89 cents with an exchange of 258,929 stock units, Dolla Financial climbed 20 cents and ended at 52 weeks high of $3.90 in switching ownership of 565,705 shares. Dolphin Cove rose 75 cents to $9.85 after an exchange of 71,055 stocks and the price hitting a 52 weeks intraday low of $8, Elite Diagnostic climbed 20 cents to end at $1.72 with a transfer of 1,247 units, Everything Fresh rose 23 cents to close at $1.91 after an exchange of 4,079 stock units. Express Catering gained 11 cents to $1.96 in trading 201,350 shares, GWest Corporation popped 10 cents to finish at 57 cents with 5,884 units crossing the exchange, Indies Pharma shed 5 cents and ended at $2.59 with investors dealing in 12,254 stocks.
Iron Rock Insurance lost 22 cents to close at $3 in an exchange of 499,112 stock units, Knutsford Express advanced 60 cents to end at $8.65 after trading of 8,042 shares, Limners and Bards skidded 17 cents in closing at 93 cents with 25,999,843 stock units changing hands. Lumber Depot rallied 14 cents to $2.54 after a transfer of 7,889 stocks, ONE on ONE Educational dropped 7 cents and ended at 65 cents as investors exchanged 33,979 units and RA Williams popped 7 cents to finish at a 52 weeks high of 70 cents with 2,303,292 shares clearing the market.
At the end of market activity, the JSE Combined Market Index advanced by 3,052.50 points to end trading at 374,654.16, the All Jamaican Composite Index climbed 3,479.94 points to finish at 438,173.40, while the JSE Main Index rallied by 3,075.12 points to settle at 369,775.27, while the Junior Market Index popped 15.64 points to 2,939.29 and the JSE USD Market Index slipped 0.59 points to conclude trading at 302.98.
Among the top losers, Guardian Holdings slipped $5.96 and ended at $364.00, Margaritaville lost $3.15 to end at $8.20, Eppley dropped $2 to finish at $31.00, Massy Holdings shed $1.05 and closed at $74.00 and First Rock Real Estate fell 76 cents to end at $4.25. finished trading and ended with Jamaica Public Service 7% falling $4.98 to $30, Jamaica Public Service 9.5% dropped by $4 to finish at $2,156, 138 Student Living lost $28.99 in ending trading at $201, with Sygnus Credit Investments 10% climbed $8.99 in closing at $114 and Sygnus Credit Investments C10.5% slipped $5 to close at $95.
The past week’s top performing Junior Market stocks include five on this ICInsider.com TOP10 list. Those on the list are RA Williams Distributors, Access Financial, Caribbean Assurance, Main Event and Omni Industries.
Rounding out the top five winners for the week are Main Event Entertainment, up 14.33 percent and Spur Tree Spices rallied by 13.28 percent. Indies Pharma popped 12 percent, Limners and Bards climbed by 7.84 percent, Omni Industries rose by 6.82 percent, Consolidated Bakeries ended with a gain of 6.3 percent and JFP 5 percent.
Overall, the winning stocks are dominated by the standout mover, R.A. Williams Distributors. The rest of the gains were modest and broadly spread across insurance, financial services, entertainment, food, and pharmaceuticals. On the losering side, declines were fairly evenly clustered between 8.5 percent and 15.2 percent, with no single stock experiencing an outsized drop, spanning sectors such as retail, finance, healthcare and trading.
Trading ended with an exchange of only 510,507 shares at US$35,262, down precipitously from 7,285,203 stock units at US$558,521 on Thursday.
Trading averages 56,723 shares at US$3,918, well below the 662,291 stock units at US$50,775 on Thursday. Trading month to date, averages 147,912 units at US$12,062, well within Thursday’s range of 154,987 stock units at US$12,694 and compared with August that ended with an average of 115,072 units for US$12,480.
The US Denominated Equities Index slipped 3.48 points to settle at 303.57. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 16.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2027.
At the close, Margaritaville dipped 0.7 of a cent to end at 4.31 US cents with a transfer of 7,500 stocks, Productive Business Solutions climbed 1 cent to 85 US cents as investors exchanged just one unit,
At the end of the market activity, the JSE Combined Market Index slipped 376.64 points to close at 371,601.66, as the All Jamaican Composite Index shed 1,137.30 points to end at 434,693.46, the JSE Main Index shed 431.36 points to 366,700.15, the Junior Market Index rallied a mere 4.99 points to 2,923.65 and the JSE USD Market Index slipped 3.48 points to 303.57.
In the preference share segment, Sygnus Credit Investments 10% dropped $8.99 to $105.
The market closed with only 6,123,360 shares trading for $88,487,284 after sliding from 10,593,921 stock units at $101,610,805 on Wednesday.
Trading closed with an average PE ratio of 15.7. ICInsider.com compiles the
MPC Caribbean Clean Energy lost $2.61 to $18.60 with 2 stocks crossing the market, Sagicor Group climbed $1.89 to close at $43.40 in switching ownership of 61,945 stock units, Sagicor Real Estate Fund increased $1.43 to finish at $9.43 with 109 shares clearing the market and Seprod slipped $1.04 and ended at $73.96 9,595 shares.
The market closed with an exchange of 7,285,203 shares for US$558,521 after surging from 931,250 stock units at US$84,657 on Wednesday. Trading ended with an average of 662,291 shares at US$50,775 after soaring from 186,250 stock units at US$16,931 on Wednesday, with a month to date average of 154,987 units at US$12,694 compared with 101,841 stock units at US$8,705 on the previous day and August that ended with an average of 115,072 units for US$12,480. The US Denominated Equities Index declined 0.06 points to 307.05. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer. The PE Ratio, one of the most used measures to determine appropriate stock values, averages 16.1. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2027. At the close of trading, AS Bryden ended at 16.9 US cents with investors trading 3 units, First Rock Real Estate USD share rose 0.01 of one cent to 1.86 US cents with a transfer of 5,370,004 stocks, MPC Caribbean Clean Energy advanced 0.01 of a cent to close at 23 US cents in switching ownership of 280 shares.
At the end of the market activity, the JSE Combined Market Index rallied 1,427.16 points to finish trading at 371,978.30, as the All Jamaican Composite Index popped 1,303.78 points to end at 435,830.76, the JSE Main Index advanced 1,364.68 points to end at 367,131.51, the Junior Market Index climbed by 17.04 points to 2,918.66 and the JSE USD Market Index slipped 0.06 points to finish at 307.05.
Among the top losers, Massy Holdings lost $4.90 to end at $73.60, MPC Caribbean Clean Energy fell $2.61 to $18.60, Eppley declined $1.05 to end at $34.75, Seprod shed $1.04 in closing at $73.96, Barita Investments dropped 20 cents to $67.80 and Mayberry Group dipped 20 cents to finish at $5.00.