Trading dropped on the Jamaica Stock Exchange Main Market on Wednesday, with a 31 percent drop in volume as the value slipped 42 percent lower compared to Tuesday, following an exchange of 59 securities up from 58 on Tuesday, with 21 rising, 23 declining and 15 ending unchanged, with the JSE Main Index climbing.
The market closed with 12,913,449 shares trading for $139,868,128, after rising from 18,731,691 stock units at $242,408,969 on Tuesday.
Trading averaged 218,872 shares at $2,370,646 after falling from 322,960 stock units at $4,179,465 on Tuesday. Trading month to date ended with an average of 226,674 units at $2,560,009 compared with 228,633 shares at $2,607,552 the preceding day and an average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 7.06 million shares for 54.7 percent of total volume, followed by Sagicor Select Financial Fund with 1.75 million units for 13.6 percent of the day’s trade and Carreras with 892,034 stocks for 6.9 percent of the volume traded.
The All Jamaican Composite Index popped 3,974.61 points to end at 461,008.24, the JSE Main Index increased 4,262.38 points to settle at 385,643.79 and the JSE Financial Index gained 0.77 points to close at 75.84. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.7. 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 slipped $1.98 to end at $17.02 in an exchange of 47,246 stock units, Barita Investments climbed $5.01 to $75 with investors dealing in 533 shares, Caribbean Producers lost $1.15 to end at $6.30 with 3,153 units crossing the market. Eppley Caribbean Property Fund popped $1.59 in closing at $42 with investors trading 2,000 stocks, First Rock Real Estate gained $1 and ended at $6 after an exchange of 962 shares, GraceKennedy dipped $2.50 to finish at $91 with investors swapping 141,536 stock units. Guardian Holdings rose $17 to $377 with 131 units crossing the exchange, Jamaica Producers rallied 43 cents to finish at $18.93 in switching ownership of 165 stocks,
Jamaica Stock Exchange increased 65 cents and ended at $9.67 with a transfer of 1,682 units. JMMB Group advanced 64 cents to $17.65 with 41,747 stocks passing through the market, Margaritaville fell 65 cents in closing at $9 in trading of a mere one share, NCB Financial popped $2.50 to close at $74 with 59,781 stock units crossing the market. Pan Jamaica shed $1.10 to $43 ollowing a transfer of 648 shares, Proven Investments declined 55 cents to close at $9.30 with 1,701 units changing hands, Sagicor Group dropped 62 cents and ended at $42.28 in an exchange of 85,100 stocks. Scotia Group skidded $1.80 to end at $72.20 after trading of 3,267 stock units and Supreme Ventures increased 91 cents to $19.86 with 522,159 shares clearing the market.Prices of securities trading are those of the last transaction.
The market closed with trading of 8,524,187 shares for $17,475,935, after it tumbled from 86,783,039 units at $148,426,316 on Tuesday.
ICInsider.com computes the PE ratios, which are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Jamaican Teas dipped 15 cents to $2.01 after trading of 2,599,885 stocks, Jetcon Corporation declined 29 cents to settle at $4.50 as investors exchanged 14,956 units. Mailpac Group shed 12 cents to $2.20 with 17,637 shares crossing the market, Main Event dipped 5 cents to close at $3.75 after an exchange of 23,702 units, RA Williams slipped 5 cents in closing at 64 cents with dealing in 681,734 stock units. Regency Petroleum fell 10 cents and ended at $4.15 in an exchange of 12,406 stock units and Spur Tree Spices rose 14 cents to close at $1.39 with 53 shares passing through the market.
The market closed with trading of 86,783,039 shares at $148,426,316, after surging from 4,659,346 units at $10,113,535 on Monday.
At the close of trading, the Junior Market Index popped 11.72 points to end at 3,099.38. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and five with lower offers.
GWest Corporation skidded 12 cents to 60 cents, with 10,000 stocks passing through the exchange, Honey Bun lost 39 cents to end at $7.09 after a transfer of 4,721 shares. Image Plus dipped 7 cents to finish at $1.88 with 76,392 units crossing the market, Jetcon Corporation rose 24 cents and ended at $4.79 with an exchange of 113,906 shares, Knutsford Express rallied 70 cents to close at $8.49 with 4,473 stock units passing through the exchange, while ONE on ONE Educational dipped 7 cents to 71 cents with investors trading 51,743 shares and RA Williams slipped 7 cents and ended at 69 cents with 498,426 shares changing hands.
The market closed with an exchange of 236,327 shares, down 67 percent from 709,279 stock units on Monday, resulting in a value of US$16,739 after tumbling 62 percent from US$43,937 on Monday.
At the end of the market activity, the JSE Combined Market Index fell 4,447.05 points to 386,900.30, the All Jamaican Composite Index declined 3,912.63 points to end at 457,033.63, as the JSE Main Index dropped by 4,738.97 points to 381,381.41, the Junior Market Index rose 11.72 points to conclude trading at 3,099.38 and the JSE USD Market Index rose 1.08 points to end at 284.05.
Among the top losers, Barita Investments slipped $4.09 and ended trading at $69.99, NCB Financial declined by $2.50 to close trading at $71.50, Eppley Caribbean Property Fund shed $2.44 to $40.41, JMMB Group dropped $1.86 to end at $17.01 and Jamaica Producers lost 43 cents to finish at $18.50.
The market closed with trading of 2,510,680 shares for $4,693,116, after sliding from an already low 3,770,771 units at $5,251,892 on Wednesday.
At the close of trading, Access Financial climbed $1.58 to $20.70 with an exchange of 684 stocks, Atlantic Hardware dropped by 15 cents to end at $1.65 with 115,724 shares crossing the market, CAC 2000 rallied 32 cents and ended at $1.01 with investors swapping 408 units. Cargo Handlers shed 49 cents to $14.50 in an exchange of 9,700 stocks, Caribbean Cream gained 44 cents and settled at $4.82, Derrimon Trading dipped by 16 cents to close at $1.07 after trading of 41,271 stocks. Dolla Financial gained 5 cents to end at $3.65 with 219,077 units crossing the market, Elite Diagnostic fell 5 cents to close at $1.65 with a transfer of 20,200 stock units, Everything Fresh skidded by 6 cents to finish at $1.72 with 19,000 shares changing hands. Express Catering rose 8 cents and settled at $2.39 with investors trading 163,397 stocks, Fontana advanced 10 cents in closing at $6.20 with 74,036 units passing through the market,
Fosrich lost 15 cents and finished at $1.35 with investors trading 6,000 stock units. Future Energy slipped 5 cents and ended at $3.80 with 120,105 shares changing hands, Honey Bun declined by 58 cents to close at $6.40 with 12,167 units clearing the market, Jetcon Corporation lost 20 cents to end at $5.20 in trading 49,052 stocks. Limners and Bards skidded by 18 cents in closing at $1.12 after an exchange of 6,630 stock units, Lumber Depot rallied 8 cents to finish at $2.76, with investors swapping 1,250 shares, One Great Studio fell 6 cents and ended at 50 cents after a transfer of 73,140 units and Regency Petroleum declined by 16 cents to close at $4.15, after 30,709 stocks crossed the exchange.
The market closed with an exchange of 709,279 shares for US$43,937, down from 743,959 stock units at US$54,674 on Friday.
At the end of market activity, the JSE Combined Market Index popped 2,129.40 points to wrap up trading at 391,347.35, the All Jamaican Composite Index rose 783.09 points to 460,946.26, the JSE Main Index rose 2,527.55 points to finish at 386,120.38, the Junior Market Index skidded by 40.04 points to 3,087.66 and the JSE USD Market Index lost 9.51 points to end at 282.97.
Among the top losers, Barita Investments lost $7.92 to end at $74.08, Caribbean Cement slipped $4 to end at $110.00, GraceKennedy fell $1 to finish at $90.00, Guardian Holdings dropped 99 cents and ended at $359.00 and Eppley fell by 59 cents to close at $29.00.
Elsewhere, the Junior Market ended the week with the market index rising 2.5 percent to close at 3,127.70. Price movements ended with a wide swing among its best and worst performers. At the same time, ICInsider.com is forecasting solid gains into 2027 for the Junior Market ICTOP10 picks, shown below.
Knutsford Express Services dropped 10.4 percent, Mailpac Group dipped by 9.58 percent, while Caribbean Assurance Brokers suffered a loss of 8.57 percent. Smaller declines were recorded by Derrimon Trading after falling by 6.59 percent, Jetcon Corporation, fell 5.31 percent and GWest lost 4.05 percent. The two largest losses were each bigger than the other eight combined, with the sell-off concentrated in a few names. The ICI TOP10 picks for 2026-27 project some healthy returns for the select listing of stocks on the Junior Market.
K.L.E. Group is forecast at 170 percent, RA Williams, 167 percent, even after gaining 103 percent for the year to date and Omni Industries at 164 percent.
The market closed with trading of 4,204,346 shares for $6,997,783, after it tumbled from 95,139,132 units at $188,360,616 on Thursday.
ICInsider.com computes the PE ratios, derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Jetcon Corporation shed 46 cents and ended at $4.28 after trading of 300,217 stocks, Mailpac Group rose 12 cents to finish at $2.17 in an exchange of 1,982 units. One Great Studio slipped 5 cents and ended at 52 cents with 222,407 shares changing hands, ONE on ONE Educational gained 8 cents to 80 cents after an exchange of 7,264 units, Regency Petroleum rose 22 cents to finish at $4.34, with 23,524 shares crossing the market. Spur Tree Spices dipped 34 cents to end at $1.06, with investors trading 10,470 stock units and Stationery and Office Supplies fell 5 cents to close at $1.62, after an exchange of 4,376 shares.