JSE Main & Junior Markets climb
January 29, 2025 by IC Insider.com
Gains in Main Market and Junior Market stocks lifted the major indices of these markets on the Jamaica Stock Exchange at the close on Wednesday with a fall in the volume of stocks traded, with a moderately lower value than on Tuesday, resulting in prices of 40 shares rising, 35 declining and 37 remaining firm.
At the close of the market, the JSE Combined Market Index rallied 1,190.87 points to 344,665.45, the All Jamaican Composite Index advanced 834.58 points to end at 384,339.46, the JSE Main Index increased 1,088.61 points to settle at 332,660.43, the Junior Market Index popped 20.90 points to 3,702.51 and the JSE USD Market Index dipped 0.34 points to settle at 236.23.
At the close of trading, 49,116,983 shares were exchanged in all three markets, down from 77,472,464 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $215.88 million, down from moderately from $221.78 million on the previous day and the JSE USD market closed with an exchange of 331,937 shares for US$18,427 up from 42,535 units at US$5,597 on Tuesday.
In Main Market activity, JMMB Group 7.25% preference share due 2024 led trading with 4.0 million shares followed by Transjamaican Highway with 3.84 million stocks and Wigton Energy with 2.16 million units.
In Junior Market trading, ONE on ONE Educational led with 16.73 million shares followed by Lasco Financial with 4.27 million stocks and Indies Pharma with 1.66 million units.
In the preference segment, Jamaica Public Service 7% skidded $1.95 and ended at $42, 138 Student Living preference share rose $49.50 to $288, Productive Business Solutions 10.5% preference share advanced $44.99 to finish at $1,100 and Sygnus Credit Investments C10.5% popped $2.20 to end at $104.The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.2 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 listed on the Jamaica Stock Exchange, and 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 to assess 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: 138 Student Living, Caribbean Cement, Daily Trading, Emerging market, Eppley, Jamaica Producers, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, NCB Financial, Net asset Value of Jamaican stocks, Omni Industries, Pan Jamaica, PE Ratio of Jamaican stocks, RA Williams, Scotia Group, Seprod, Trading Activity, Transjamaican Highway, Wigton Windfarm
One on One controlled Junior Market
January 28, 2025 by IC Insider.com
Trading activity jumped sharply on the Junior Market of the Jamaica Stock Exchange on Tuesday, with a 1,282 percent surge in the volume of stocks traded. A big jump in the shares of ONE on ONE Educational passed through the market as investors exchanged 40.07 million of the company’s shares, accounting for 65.5 percent of total volume and Lasco Financial ended with 8.07 million stocks for 13.2 percent of the day’s trade.
The value of stocks traded on the market climbed by 763 percent over Monday, with 46 securities traded, the same amount as Monday and ended with prices of 20 rising, 14 declining, and 12 closing firm.
Jamaican Teas closed with 3.39 million stocks for 5.5 percent of the volume traded followed by Lumber Depot with 2.58 million units for 4.2 percent of the day’s trade, Omni Industries ended with 1.37 million units for 2.2 percent of the market share and Derrimon Trading with 1.28 million units for 2.1 percent of market share.
Trading amassed 61,169,519 shares for $88,035,908 up from only 4,427,056 units at $10,204,392 on Monday. Trading for the day averaged 1,329,772 shares at $1,913,824 well above the 96,240 stocks that were exchanged at $221,835 on Monday with the month to date, averaging 332,851 units at $590,709 compared to 275,168 stock units at $514,151 on the previous day and December with an average of 326,483 shares at $898,324.At the close of trading, the Junior Market Index slipped 10.70 points to wrap up trading at 3,681.61. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.4, based on last traded prices in conjunction with earnings that are projected by ICInsider.com for the financial years that end around August 2025.
At the close of a heavy day of trading, AMG Packaging advanced 26 cents to close at $3.26 in an exchange of 1,697 stocks, Blue Power rose 11 cents to $5.45 with 7,677 units clearing the market, CAC 2000 sank 18 cents to finish at $2.12 after an exchange of a mere five shares. Cargo Handlers shed 49 cents and ended at $12 in trading 1,353 stock units, Consolidated Bakeries sank 29 cents in closing at $1.63 with 13,430 shares crossing the market, Elite Diagnostic slipped 6 cents to end at $1.70 with investors swapping 6,840 stock units. Express Catering lost 15 cents in closing at $3.20 after 16,000 stock units passed through the market, Future Energy rallied 7 cents to $3.45 as investors exchanged 22,720 stock units, Image Plus fell 7 cents to $1.37 with 29,916 shares crossing the market. KLE Group increased 7 cents and ended at $1.29 with investors trading 56,802 stocks, Knutsford Express declined $1.86 to close at $11.13 with 502,509 units crossing the exchange, Lumber Depot climbed 11 cents to finish at $2.79 with investors dealing in 2,582,135 stock units. Medical Disposables popped 17 cents to $1.86 in trading 26,008 shares and Spur Tree Spices dipped 9 cents to end at $1.80 in switching ownership of 107,191 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging market stock, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, GWest, Honey Bun, ImagePlus, Indies Pharma, Iron Rock Insurance, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, junior market, Kintyre Holdings, KLE Group, Knutsford Express, Lasco Financial, Limners and Bards, Lumber Depot, Main Event, Medical Disposables, Omni Industries, One Great Studio, Paramount Trading, RA Williams, Spur Tree Spices, Stationery and Office, Trading Activity, Tropical Batteries, tTech
Big drop for JSE Main Market
January 28, 2025 by IC Insider.com
Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with a 24 percent rise in the volume of stocks exchanged with a 108 percent greater value than on Monday, following trading in 59 securities compared with 61 on Monday, with prices of 17 rising, 27 declining and 15 ending unchanged and resulted in a big drop in the market’s value.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Trading plunged on JSE USD market
January 28, 2025 by IC Insider.com
Trading plunged on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks traded declining 94 percent valued 74 percent less than on Monday, resulting from an exchange of 11 securities, compared with six on Monday with prices of four rising, four declining and three ending unchanged.
The market closed with an exchange of 42,535 shares for US$5,597, down from 680,107 stocks at US$21,934 on Monday. Trading averaged 3,867 shares at US$509 well below 113,351 stocks at US$3,656 on Monday, with a month to date average of 114,839 units at US$4,710 compared with 122,977 stock units at US$5,018 on the previous day and with December with an average of 229,957 units for US$7,451.
The US Denominated Equities Index rose 0.31 points to wrap up trading at 236.50. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading on Tuesday, First Rock Real Estate USD share climbed 0.79 of one cent to 3.79 US cents after an exchange of 3,813 stocks, Margaritaville rose 2.4 cents to finish at 11 US cents with 1,800 units clearing the market, Productive Business Solutions remained at US$1.45 with an exchange of 50 shares. Proven Investments rallied 0.05 of one cent to close at 12.55 US cents with 21 stock units crossing the market, Sterling Investments ended at 1.8 US cents in an exchange of 24,680 shares, Sygnus Credit Investments remained at 7 US cents after 1,930 units passed through the market. Sygnus Real Estate Finance USD share fell 0.1 of one cent to 5.9 US cents in an exchange of 2 stocks and Transjamaican Highway fell 0.01 of one cent to end at 2.73 US cents with traders dealing in 8,896 stock units.
In the preference segment, JMMB Group US8.5% preferred share popped 2 cents in closing at US$1.02 as investors exchanged 1,000 shares. Productive Business Solutions 9.25% preference share lost 5 cents and ended at US$10.75 in trading 26 stock units and Sygnus Credit Investments E8.5% declined 50 cents to finish at US$9.50 with 317 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Global Market, Stock Market Tagged With: First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, Productive Business Solutions, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway
One on One & LascoFin head JSE trading
January 28, 2025 by IC Insider.com
The Junior Market, ONE on ONE Educational ended on Tuesday with investors exchanging 40 million of its shares and Lasco Financial followed with 8 million units and swelling with the volume and the value of stocks traded on the Jamaica Stock Exchange, exceeding Monday trading by a wide margin. Trading ended with the Main Market indices dropping, the Junior Market index sinking and the JSE USD Market rising marginally. At the end of trading the prices of 41 shares rose, 45 declined and 30 remained firm.
At the close of the market, the JSE Combined Market Index dropped 3,349.63 points to 343,474.58, the All Jamaican Composite Index sank 4,134.96 points to 383,504.88, the JSE Main Index lost 3,422.55 points to finish at 331,571.82, the Junior Market Index shed 10.70 points to close at 3,681.61 and the JSE USD Market Index rose 0.38 points to finish at 236.57.
At the close of trading, 77,472,464 shares were exchanged in all three markets, up from 18,271,149 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $221.78 million, up from $74.45 million on the previous day and the JSE USD market closed with an exchange of 42,535 shares for US$5,597 compared to 680,107 units at US$21,934 on Monday.
In Main Market activity, Transjamaican Highway led with 5.91 million shares followed by Sagicor Select Financial Fund with 1.96 million stocks and JMMB Group with 1.36 million units.
In Junior Market trading, ONE on ONE Educational led with 40.07 million shares followed by Lasco Financial with 8.07 million stocks and Jamaican Teas with 3.39 million units.
In the preference segment, Productive Business Solutions 10.5% preference share lost $44.99 and ended at $1,055 and Sygnus Credit Investments C10.5% declined $2.20 to $101.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 projected earnings and 20.1 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 of the 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, Global Market, Stock Market Tagged With: 138 Student Living, Caribbean Cement, Daily Trading, Emerging market, Eppley, Jamaica Producers, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, Lasco Financial, NCB Financial, Net asset Value of Jamaican stocks, Omni Industries, Pan Jamaica, PE Ratio of Jamaican stocks, Productive Business Solutions, RA Williams, Scotia Group, Seprod, Trading Activity, Transjamaican Highway, Wigton Windfarm
Trading jumps on the JSE USD market
January 27, 2025 by IC Insider.com
The Jamaica Stock Exchange US dollar market closed on Monday with a 366 percent jump in the volume of stocks traded rising, with a 138 percent higher value than on Friday, resulting in the exchange of six securities, compared with nine on Friday with prices of four rising, one declining and one ending unchanged.
The market closed with an exchange of 680,107 shares for US$21,934 up from 145,889 stocks at US$9,208 on Friday. Trading averaged 113,351 shares at US$3,656 compared to 16,210 stocks at US$1,023 on Friday, with a month to date average of 122,977 units at US$5,018 compared with 123,379 shares at US$5,075 on the previous day and December that ended with an average of 229,957 units for US$7,451.
he US Denominated Equities Index lost 1.25 points to wrap-up trading at 236.18. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share advanced 0.01 of one cent to close at 3 US cents with 4,659 stock units crossing the exchange, Productive Business Solutions popped 5 cents to US$1.45 after a transfer of 124 shares, Sterling Investments ended at 1.8 US cents with 2,113 units passing through the market. Sygnus Credit Investments climbed 0.05 of a cent to finish at 7 US cents after an exchange of 8,588 stocks, Sygnus Real Estate Finance USD share rose 0.1 of a cent to end at 6 US cents with investors swapping 89,021 shares and Transjamaican Highway fell 0.13 of one cent in closing at 2.74 US cents with 575,602 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
PM Holness triggers Transjamaican selling
January 27, 2025 by IC Insider.com
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.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Junior Market flirts with the 3,700 mark
January 27, 2025 by IC Insider.com
Trading activity slipped on the Junior Market of the Jamaica Stock Exchange on Monday, but the market index jumped with a robust gain following a 10 percent fall in the volume of stocks traded with a 38 percent lower value than Friday with trading in 46 securities up from 44 on Friday and ending with prices of 20 rising, 13 declining and 13 closing unchanged as the market flirts once more with the 3,700 points market in sight.
The market ended with the trading of 4,427,056 shares at $10,204,392, down from 4,903,746 stock units at $16,541,029 on Friday.
Trading averaged 96,240 shares at $221,835 compared with 111,449 stocks at $375,932 on Friday with a month to date average of 275,168 units at $514,151 compared with 286,157 stock units at $532,104 on the previous day and December with an average of 326,483 shares at $898,324. Fosrich led trading with 1.07 million shares for 24.2 percent of total volume followed by Jamaican Teas with 859,266 stock units for 19.4 percent of the day’s trade and Kintyre Holdings with 763,668 stocks for 17.3 percent of the volume traded. At the close of trading, the Junior Market Index climbed 59.94 points to close at 3,692.31. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers. The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025. At the close of the trading activity, Access Financial dipped 68 cents and ended at $16.32 with 608 stock units crossing the exchange, Blue Power sank 10 cents to $5.34 in trading of 18 shares, Caribbean Cream rose 19 cents to end at $2.98 after an exchange of a mere 49 units. Derrimon Trading climbed 15 cents in closing at $1.95 with 61,092 stocks clearing the market, Dolphin Cove increased 25 cents to close at $19.25 as investors exchanged 6,425 shares, Fontana popped 22 cents to finish at $9.18 with 265,037 stocks passing through the market. Fosrich advanced 11 cents to $2.25 after a transfer of 1,072,887 units, Future Energy shed 12 cents in closing at $3.38 with 27,682 stock units changing hands,
Iron Rock Insurance dipped 10 cents to end at $4.20 with a transfer of 4,710 shares. Jamaican Teas gained 17 cents to finish at $2.25 with 859,266 stock units crossing the market, KLE Group rallied 12 cents and ended at $1.22 with an exchange of just 51 stocks, Limners and Bards rose 7 cents to close at $1.27 with 4,883 units crossing the market. Lumber Depot climbed 13 cents to $2.68 in trading 89,213 shares and Main Event popped 68 cents in closing at $11.48 after an exchange of just 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolla Financial, Dolphin Cove, Edufocal, Elite Diagnostic, Emerging market stock, Emerging markets, Everything Fresh, Express Catering, FESCO, Fontana, FosRich, Future Energy Source, GWest, Honey Bun, ImagePlus, Indies Pharma, Iron Rock Insurance, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, JFP Ltd, junior market, Kintyre Holdings, KLE Group, Knutsford Express, Lasco Financial, Limners and Bards, Lumber Depot, Main Event, Medical Disposables, Omni Industries, One Great Studio, Paramount Trading, RA Williams, Spur Tree Spices, Stationery and Office, Trading Activity, Tropical Batteries, tTech
Big gains for JSE Main & Junior Markets
January 27, 2025 by IC Insider.com
The Jamaica Stock Exchange closed on Monday with a fall in the volume and value of stocks exchanged, compared to Friday, resulting in Main Market and the Junior Market rallying and the JSE USD Market declining at the end of trading, with the prices of 49 shares rising, 36 declining and 28 remained firm.
At the close of trading, the JSE Combined Market Index rallied 2,703.38 points to 346,824.21, the All Jamaican Composite Index jumped 3,023.20 points to close at 387,639.84, the JSE Main Index climbed 2,377.58 points to end trading at 334,994.37, the Junior Market Index rose 59.94 points to end at 3,692.31 and the JSE USD Market Index slipped 1.25 points to settle at 236.19.At the close of trading, 18,271,149 shares were exchanged in all three markets, down from 19,774,969 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $74.45 million, just shy of $87.65 million on the previous trading day and the JSE USD market closed with an exchange of 680,107 shares for US$21,934 up from to 145,889 units at US$9,208 on Friday.In Main Market activity, Transjamaican Highway led with 9.17 million shares followed by Wigton Energy with 790,747 stocks and JMMB Group 7.35% – 2028 with 613,148 units.
In Junior Market trading, Fosrich led with 1.07 million shares followed by Jamaican Teas with 859,266 stocks and Kintyre Holdings with 763,668 units.
In the preference segment, Jamaica Public Service 9.5% dropped $4 in closing at $2,686 and 138 Student Living preference share sank $40.87 to $238.The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 estimated earnings and 20.3 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 ordinary shares that are 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: 138 Student Living, Caribbean Cement, Daily Trading, Emerging market, Eppley, Jamaica Producers, Jamaica Stock Exchange, Jamaica Stock Exchange Combined Index, Jamaican stocks, JPS, JSE Main Index, junior market, Junior Market index, NCB Financial, Net asset Value of Jamaican stocks, Omni Industries, Pan Jamaica, PE Ratio of Jamaican stocks, RA Williams, Scotia Group, Seprod, Trading Activity, Transjamaican Highway, Wigton Windfarm
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