Sagicor Select Financial Fund captured just under 18 million shares for 80 percent of all stocks traded on the Jamaica Stock Exchange Main Market on Thursday. The volume of stocks traded rose 36 percent but the value sank 64 percent compared to Wednesday, following an exchanged of 61 securities compared with 59 on Wednesday, with prices of 24 rising, 19 declining and 18 ending unchanged.
The market closed with 21,973,738 shares trading worth $58,437,706 versus 16,098,753 stock units at $160,635,957 on Wednesday.
Trading averaged 360,225 shares at $957,995 compared to 272,860 stock units valued $2,722,643 on Wednesday. Trading for the month to date, ended at an average of 460,303 units at $1,911,921, after decreasing from 494,599 shares at $2,238,828 on the previous day, compared with an average of 260,232 stock units at $2,340,082 in October.
Sagicor Select Financial Fund led trading with 17.59 million shares for 80.1 percent of total volume followed by Transjamaican Highway with 1.55 million units for 7 percent of the day’s trade and Wigton Energy with 641,882 stocks for 2.9 percent of the volume traded.
The All Jamaican Composite Index climbed 117.73 points to 460,612.82, the JSE Main Index increased 1,135.50 points to 386,800.11 and the JSE Financial Index fell 0.08 points to conclude trading at 76.27. At the close, the Investor’s Choice bid-offer indicator shows five 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 15.9. 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 fiscal years ending around August 2027.
At the close of Thursday’s session, AS Bryden shed $2 and ended at $15 with dealings in 58,659 stocks, Carreras gained 49 cents to close at $29.39 with 149,793 stock units changing hands, First Rock Real Estate rose 50 cents and settled at $10.50 following an exchange of5,322 stock units. GraceKennedy increased $2.54 in closing at $83.89 with a transfer of 94,100 stock units, Guardian Holdings declined by $14 to finish at $406 after an exchange of 14 shares, Jamaica Broilers dropped 62 cents and ended at $14.20 with a transfer of 265,582 units. Jamaica Producers skidded $1 to close at $19 with 23,900 stocks crossing the exchange, Massy Holdings climbed $3.85 to finish at $78.85 after a transfer of 3,151 stock units, MPC Caribbean Clean Energy rose $2.13 to stop at $35.07 in switching ownership of 903 shares. 
NCB Financial lost 75 cents to close at $73.75 after an exchange of 43,717 stocks, 138 Student Living slipped 54 cents to close at $4.01 with investors trading 7,592 units, Quantas Advantage rallied 42 cents to close at $21.80 in an exchange of 28,700 stock units. Sagicor Real Estate Fund advanced 50 cents to finish at $9.50 after trading of 146 shares and Sygnus Credit Investments fell 42 cents and ended at $12.07 as investors exchanged 121,021 units.
In the preference share segment, Jamaica Public Service 7% dipped $1.45 to end at $35, with 920 stocks crossing the market and Productive Business Solutions 10.5% popped $20 in closing at $1,170, with an exchange of 2 stock units.
Prices of securities trading are those of the last transaction.
Among the top losers, Guardian Holdings dipped by $14 to finish at $406.00, AS Bryden fell $2 and ended at $15.00, Jamaica Producers skidded $1 to end at $19.00, NCB Financial dropped 75 cents in closing at $73.75 and Jamaica Broilers declined by 62 cents to close at $14.20.
The ICInsider.com PE ratio chart and daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
Sygnus Credit Investments increased 0.92 of one cent in closing at 7.79 US cents with investors dealing in 8,281 units. Sygnus Real Estate Finance USD share climbed 0.14 of a cent to end at 5.29 US cents with 2,154 stocks clearing the market and Transjamaican Highway rose 0.05 of one cent to finish at 6.6 US cents with an exchange of 531,150 stock units.
At the end of the market activity, the JSE Combined Market Index climbed 417.73 points to close at 391,703.83, as the All Jamaican Composite Index dropped 835.04 points to finish at 460,495.09, the JSE Main Index gained 443.49 points to end at 385,664.61, the Junior Market Index shed a mere 0.88 points to 3,198.05 and the JSE USD Market Index rose 2.89 points to 296.84.
Among the top losers, MPC Caribbean Clean Energy shed $5.81 to end at $32.94, Jamaica Producers shed $1.48 to $20, Pan Jamaica lost 90 cents and ended at $44.10, Carreras lost 59 cents to close at $28.90 and NCB Financial fell 40 cents to finish at $74.50.
ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
The day closed with an exchange of 1,105,110 shares for US$73,758 after moving up from 539,157 stock units at US$50,427 on Monday.
Sterling Investments remained at 2 US cents with an exchange of 5,738 shares, Sygnus Credit Investments gained 0.37 of a cent to finish at 6.87 US cents with 67,835 stocks clearing the market, Sygnus Real Estate Finance USD share remained at 5.15 US cents as investors exchanged 1,968 shares and Transjamaican Highway rose 0.21 of a cent in closing at 6.55 US cents with 701,043 units crossing the market.
At the end of the market activity, the JSE Combined Market Index climbed by 898.11 points to end at 391,286.10, but the All Jamaican Composite Index dipped 34.78 points to close at 461,330.13, the JSE Main Index climbed 1,220.74 points to 385,221.12, the Junior Market Index lost 37.50 points to conclude trading at 3,198.93 and the JSE USD Market Index rose 2.34 points to end at 293.95.
Among the losers, Supreme Ventures dropped $1.03 to close at $18.00, Pan Jamaica declined 99 cents to $45.00, Quantas Advantage shed 59 cents to finish at $21.75, Sagicor Group dipped 57 cents and ended at $41.00, Caribbean Cement fell 50 cents to $116.00 and Proven Investments shed by 50 cents in closing at $9.50.
The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparison within sectors and the overall market.
Market activity ended with an exchange of 539,157 shares valued at US$50,427, following an increase from 293,051 stock units at US$19,870 on Friday. Trading ended with an average of 44,930 shares at US$4,202 up from 29,305 stock units at US$1,987 on Friday and an average for October valued at 599,023 units for US$38,839.
Quantas Advantage advanced 0.57 of one cent to settle at 14.77 US cents in switching ownership of 1,059 shares, Sygnus Credit Investments popped 0.02 of a cent and ended at 6.5 US cents after an exchange of 29,973 stock units. Sygnus Real Estate Finance USD share remained at 5.15 US cents with 2,708 units changing hands and Transjamaican Highway skidded by 0.07 of a cent to finish at 6.34 US cents with an exchange of 499,744 stocks.
In the preference segment, JMMB Group 7.5% dipped 2 cents to end at US$2 with 2,000 shares passing through the market. JMMB Group US8.5% increased 24.67 cents in closing at US$1.29with investors swapping 2,482 stock units, Productive Business Solutions 9.25% climbed US$1.92 in closing at US$12.10 after an exchange of 4 units and Sygnus Credit Investments 8% declined by US$1.59 to finish at US$9.01 with investors dealing in 990 stocks.
At the end of the market activity, the JSE Combined Market Index fell 1,118.81 points to 390,387.99, the All Jamaican Composite Index slipped 439.35 points to 461,364.91, the JSE Main Index dropped 1,198.65 points to settle at 384,000.38, the Junior Market Index inched 3.80 points higher to end at 3,236.43 and the JSE USD Market Index popped 1.37 points to 291.61.
Among the top losers, Caribbean Cement fell $3.35 to close at $116.50, Jamaica Stock Exchange shed 58 cents to end at $9.20, West Indies Petroleum dropped 55 cents to close at $9.36, Sagicor Real Estate Fund declined by 50 cents and ended at $9.00 and Carreras lost 27 cents to finish at $28.73.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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.
The decline and bottoming of the market reflect a long-term trend with a sell-off of stocks in May, with the market bottoming out in the summer months. This year’s sell-off started in March and accelerated in April and May. Companies reporting solid profit increases over the 2025 fiscal year attracted more buying interest and, in some cases, drove prices higher, with all TOP10 companies recording increased profits this year.
One Great Studio gained 62.86 percent, recovering from an oversold position. Image Plus Consultants rose 50 percent, and MFS Capital climbed by 41.03 percent. Future Energy rallied by 26.71 percent, Atlantic Hardware jumped 23.65 percent, Spur Tree Spices is up 20.69 percent helped by improved six months results and Dolla Financial Services rounded out the top ten with a gain of 14.52 percent.
The gain in the index is the highest since 2019, when the market index rose 34 percent, the year before the COVID pandemic in 2020. the current year seems set to be the third consecutive year of increase for the market index.
Kingston Properties appreciated 30.85 percent, Sagicor Real Estate Fund ended with a gain of 18.75 percent, General Accident was next after gaining 16.13 percent and surprisingly, RJR Group, the loss maker that is being restructured, rounded out the top ten, gaining 14.04 percent.
Tropical Battery Company was down 20 percent, First Rock Real Estate Investments fell by 18.80 percent, while Wigton Windfarm, suffering from delayed build-out of its new solar power generation plant, suffered a loss of 18.18 percent, and the Jamaica Stock Exchange declined 17.88 percent.