Mixed trading for Jamaica Stock Exchange


Trading closed Friday on the Jamaica Stock Exchange after a fall in the volume of stocks exchanged, with a lower value than on Thursday. Trading resulted in major indices of the Main Market falling, the Junior Market index jumping and the JSE USD Market falling. At the end of trading, the prices of 40 shares rose, 49 declined and 22 remained firm, with GraceKennedy closing at a 52 weeks high.

At the end of the market activity, the JSE Combined Market Index skidded 560.06 points to wrap up trading at 389,217.95, the All Jamaican Composite Index popped 1,312.75 points to end at 460,163.17, the JSE Main Index dipped by 932.06 points to close at 383,592.83, the Junior Market Index rose 46.14 points to 3,127.70 and the JSE USD Market Index shed 2.90 points to finish at 292.48.
At the close of trading, 16,285,654 shares were exchanged in all three markets, down from 109,903,732 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $114.06 million, down from $361.69 million on the previous day. Trading on the JSE USD market closed with an exchange of 743,959 shares for US$54,674 compared to 500,052 units at US$74,118 on Thursday.
In Main Market activity, Transjamaican Highway led with 5.35 million shares, followed by Sagicor Select Financial Fund with 1.75 million stocks and Wigton Energy with 1.56 million units.
In Junior Market trading, Woodcats International led with 704,253 shares, followed by RA Williams with 656,913 stocks and Atlantic Hardware with 602,565 units.
In Main Market ordinary share movements, NCB Financial rallied $4.02 to close at $74.00, GraceKennedy popped $2 to $91.00, Sagicor Group climbed 70 cents and ended at $43.00, Scotia Group increased 55 cents to end at $70.55 and JMMB Group gained 53 cents in closing at $18.30. Among the top losers, Barita Investments shed $1.99 to finish at $82.00, General Accident took a big hit by falling $1.48 to end at $7.00, Sygnus Real Estate Finance skidded $1.28 to $7.27, First Rock Real Estate lost 93 cents to finish at $5.30 and Caribbean Cement declined by 88 cents to end at $114.00.
In the preference segment, 138 Student Living preference share slipped $25 to $205.
In the Junior Market, Dolphin Cove advanced 40 cents to close at $10.38, Access Financial rose 35 cents to close at $19.35, Express Catering gained 33 cents to $2.49, Regency Petroleum popped 22 cents to close at $4.34 and Mailpac Group advanced 12 cents and ended at $2.17. Among the losers, Jetcon Corporation dipped 46 cents to finish at $4.28, Spur Tree Spices declined 34 cents to end at $1.06, CAC 2000 slipped 25 cents and ended at a 52 weeks low of 95 cents, Jamaican Teas fell 9 cents to $2.10 and Atlantic Hardware shed 9 cents to finish at $1.43.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.7 and 17.2 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. 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 comparisons within sectors and the overall market.

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.

Major owners reshuffle at Elite Diagnostic


Elite Diagnostic traded 88.5 million shares, accounting for 93 percent of volume traded on the Jamaica Stock Exchange Junior Market on Thursday. Traded volume jumped 233 percent, with a 230 percent increased value compared with Wednesday, ending with trading in 44 securities, up from 43 on Wednesday, with prices of 20 rising, 18 declining and six closing unchanged and resulting in a solid rise in the market index.

The market closed with trading of 95,139,132 shares with a value of $188,360,616, after climbing from 28,573,089 stocks at $57,024,764 on Wednesday.
Trading ended with an average of 2,162,253 shares at $4,280,923, compared with 664,490 stocks at $1,326,157 on Wednesday and an  average of 324,023 shares at $544,060 for September.
Elite Diagnostic led trading with 88.5 million shares for 93 percent of total volume, as a new ownership structure takes hold. Atlantic Hardware was next with 925,064 units for 1 percent of the day’s trade and Woodcats International with 833,736 stocks for 0.9 percent of the volume traded.
At the close of trading, the Junior Market Index shed 22.69 points to end at 3,081.56. 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 Junior Market ended trading with an average PE Ratio of 11.5. ICInsider.com computes the 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, Access Financial climbed 50 cents and finished at $19 in an exchange of 476 stocks, AMG Packaging rose 6 cents to $1.86 with 3,978 units crossing the market, Blue Power dipped 27 cents in closing at $3.23 in an exchange of 2,038 shares. Cargo Handlers advanced by17 cents to end at $15.15 with 5 stock units changing hands, Caribbean Assurance Brokers popped 19 cents and ended at $1.60 with investors dealing in 809 shares, Caribbean Cream rallied 58 cents to close at $2.99 with a transfer of 20,473 stocks. Caribbean Flavours increased 13 cents to $1.34 with a transfer of 570,600 units, Derrimon Trading lost 8 cents to close at 90 cents after a transfer of 1,589 stock units, Dolla Financial slipped 10 cents and ended at $4 with 752,994 shares changing hands. Dolphin Cove gained 48 cents to end at $9.98 with 6,437 units clearing the market, Elite Diagnostic rose 10 cents and ended at $2 with an exchange of 88,474,298 stocks, Honey Bun rallied 36 cents to finish at $6.52 with 1,246 stock units crossing the market. Image Plus fell 13 cents and ended at $1.84 as investors exchanged 87,171 shares, Iron Rock Insurance increased 42 cents to $3.80 in trading 137,643 units, Jamaican Teas declined 9 cents to finish at $2.19 after an exchange of 35,280 stocks. Jetcon Corporation shed 5 cents to close at $4.74 with investors dealing in 56,966 stock units, KLE Group dropped 15 cents in closing at 70 cents after an exchange of 4,578 shares, Knutsford Express skidded 5 cents to end at $7.75 with investors trading 7,122 stock units. Limners and Bards climbed 11 cents to $1.11 with 100 stocks passing through the market, Mailpac Group fell 39 cents and settled at $2.05 after trading of 780,367 units, One Great Studio rose 7 cents and settled at 57 cents with a transfer of 36,416 shares. ONE on ONE Educational dipped 8 cents to close at 72 cents with investors swapping 45,815 stock units, Regency Petroleum lost 28 cents to finish at $4.12 with a transfer of 93,324 stocks and Spur Tree Spices advanced 9 cents to end at $1.40 as investors exchanged 168,903 units.
Prices of securities trading are those of the last transaction.

Junior Market rallied into month end


Trading closed on the Jamaica Stock Exchange Junior Market on Wednesday, with a 63 percent decline in the volume of stocks traded, at a 51 percent lower value than Tuesday, following trading in 43 securities, compared with 41 on Tuesday and ending with prices of 19 rising, 15 declining and nine closing unchanged, with the market index closing higher.

The market closed with trading of 28,573,089 shares for $57,024,764, compared with 76,861,663 units at $116,606,016 on Tuesday.
Trading averaged 664,490 shares at $1,326,157 from 1,874,675 units averaging $2,844,049 on Tuesday. Trading month to date ended with an average of 324,023 stock units at $544,060 compared to 307,272 stocks at $505,582 on the previous day and an average of 433,821 shares at $676,565 for August.
Derrimon Trading led he market with 5.17 million shares for 18.1 percent of total volume, followed by Future Energy with 3.18 million stocks for 11.1 percent of the day’s trade, Mailpac Group closed with 2.76 million stocks for 9.7 percent of the volume traded, Jamaican Teas ended with 2.70 million units for 9.4 percent of the overall volume changing hands, One Great Studio closed with 2.38 million units for 8.3 percent of the day’s volume and Image Plus with 2.04 million units for 7.1 percent of market share.
At the close of trading, the Junior Market Index rallied 13.40 points to conclude trading at 3,104.25. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer.
The Junior Market ended trading with an average PE Ratio of 11.8. ICInsider.com computes the 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, Access Financial slipped 79 cents to $18.50 after a transfer of 3,694 stock units, AMG Packaging fell 5 cents to $1.80 with investors trading 5,185 stocks, Blue Power declined 5 cents to close at $3.50 with an exchange of 7,265 shares. Cargo Handlers shed 52 cents and ended at $14.98, with 6,367 stock units changing hands, Caribbean Assurance Brokers lost 19 cents to end at $1.41, with 1,490 shares crossing the exchange, Caribbean Cream skidded 57 cents to finish at $2.41, with investors swapping 542,150 stocks. Derrimon Trading popped 8 cents to 98 cents after an exchange of 5,172,890 units, Dolla Financial gained 5 cents to finish at $4.10 in trading 1,628,306 stock units, Dolphin Cove dropped 46 cents and ended at $9.50 with 1,993 shares clearing the market. Elite Diagnostic rose 20 cents to close at $1.90, with trading 1,055,683 shares, Fontana dipped 5 cents to $6.15 after an exchange of 40,686 stocks, Fosrich advanced 18 cents to close at $1.59, with 1,490,680 stocks crossing the market. Future Energy increased 14 cents to $3.64 in switching ownership of 3,178,452 shares, Jetcon Corporation climbed 9 cents to finish at $4.79 with 57,971 units crossing the market, Limners and Bards fell 13 cents and ended at $1 in an exchange of 64,178 stocks. One Great Studio rallied 6 cents, after closing at a 52 weeks high of 50 cents, after 2,378,309 stock units passed through the market, ONE on ONE Educational rose 9 cents to end at 80 cents with a transfer of 1,534,384 shares, Regency Petroleum advanced 20 cents to close at $4.40 as investors exchanged 1,177,787 stocks and Spur Tree Spices dropped 9 cents to $1.31 after trading of 9,695 units.
Prices of securities trading are those for the last transaction.

Trading jumps on the JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed on Wednesday, following a 211 percent jump in the volume of stocks traded, with a 229 percent greater value than on Tuesday, with Transjamaican Highway trading 1.5 million shares. Trading ended with an exchange of nine securities, similar to trading on Tuesday, with prices of four rising, one declining and four ending unchanged.

The market closed with an exchange of 1,821,141 shares for US$121,746, well over the 585,996 stock units at US$37,012 on Tuesday.
Trading ended with an average of 202,349 shares at US$13,527, up from 65,111 stock units at US$4,112 on Tuesday. Trading for the month to date averages 120,090 units at US$9,981, marginally above 116,312 stock units at US$9,818 on the previous day and an average of 115,072 units at US$12,480 in August.
The US Denominated Equities Index rallied 4.31 points to finish at 295.45. The Investor’s Choice bid-offer indicator shows five 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 17.3. 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 the last trading day for the month, First Rock Real Estate USD share remained at 1.85 US cents in trading 105,277 units, Margaritaville advanced 1 cent to finish at 6 US cents after an exchange of 1 stock, Productive Business Solutions ended at 85 US cents, closing with an exchange of 115 shares.  Proven Investments remained at 6 US cents in an exchange of 10,000 stock units, Quantas Advantage skidded 2.5 cents in closing at a new high of 13.5 US cents with 50,000 shares clearing the market, Sterling Investments ended at 2.28 US cents after an exchange of 1,313 units. Sygnus Credit Investments popped 0.1 of a cent to 7 US cents with investors dealing in 203,053 stocks and Transjamaican Highway rallied 0.2 of one cent to finish at 6.7 US cents after a transfer of 1,451,183 stock units.

In the preference segment, Sygnus Credit Investments 8% rose 15 cents and ended at US$10, after 199 shares passed through the market.
Prices of securities trading are those for the last transaction.

Rising stocks push JSE higher


West Indies Petroleum traded 1.8 billion shares on the Jamaica Stock Exchange on Wednesday as the market made a big move to close out September at the highest level for the month on Wednesday, with all the major indices of the Main Market surging several thousand points. Both the Junior Market and the JSE USD Market rose. At the end of trading, prices of 50 shares rose, 37 declined and 26 remained firm.

At the end of the market activity, the JSE Combined Market Index increased 6,576.00 points to end at 390,695.79, the All Jamaican Composite Index enjoyed a big surge of 10,049.00 points to end at 460,707.36, the highest point since May 2022, the JSE Main Index rallied 6,777.05 points to 385,314.47, the highest closing level since June 2022, the Junior Market Index rose 13.40 points to conclude trading at 3,104.25 and the JSE USD Market Index ends at 4.31 points to end at 295.45, up 39 percent for 2026.
At the close of trading, 1,886,193,572 shares were exchanged in all three markets, up sharply from 96,484,325 units on Tuesday, with 1.8 million shares in West Indies Petroleum changing hands. Trading on the Junior and Main markets amounted to $17.31 billion, up from only $401.46 million on the previous day. Trading on the JSE USD market closed with an exchange of 1,821,141 shares for US$121,746, up from 585,996 units at US$37,012 on Tuesday.
In Main Market activity, West Indies Petroleum led trading with 1.812 billion shares, followed by Wigton Energy with 22.22 million stocks and Transjamaican Highway with 5.12 million units.
In Junior Market trading, Derrimon Trading led with 5.17 million shares, followed by Future Energy with 3.18 million stocks and Mailpac Group with 2.76 million units.
In Main Market ordinary share segment, Barita Investments jumped $11.61 to end at $96.60, NCB Financial popped $7.49 in closing at $74.99, GraceKennedy increased $5.65 to $87.65, Guardian Holdings climbed $4.99 to finish at $359.99 and Caribbean Cement rose $4.05 and ended at $116.00. Among the losing stocks Eppley Caribbean Property Fund lost $1.73 to close at $41.00, JMMB Group declined by $1.28 to $18.72, Berger Paints fell48 cents to close at $5.25, Quantas Advantage fell 44 cents to finish at $24.55 and Carreras dropped 28 cents and ended at $28.99.
In the preferred share segment, Jamaica Public Service 7% rose $4.50 to end at $35, 138 Student Living preference share rallied $5 to $235, Productive Business Solutions 10.5% dipped $31.75 to close at $1,218 and Sygnus Credit Investments C10.5% fell $3 to finish at $102.
In the Junior Market, Regency Petroleum rallied 20 cents to end at $4.40, Elite Diagnostic advanced 20 cents $1.90, Fosrich advanced 18 cents to $1.59, Future Energy gained 14 cents to end at $3.64, Jetcon Corporation rose 9 cents in closing at $4.79 and ONE on ONE Educational rallied 9 cents to close at 80 cents. Among the top losers, Access Financial slipped 79 cents and ended at $18.50, Caribbean Cream dipped 57 cents to finish at $2.41, Cargo Handlers skidded 52 cents and ended at $14.98, Dolphin Cove lost 46 cents to close at $9.50 and Caribbean Assurance Brokers slipped 19 cents to end at $1.41.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.1 and 17.7 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. 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 comparisons within sectors and the overall market.

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 straying 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 chart includes each company’s net asset value. 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. The Main and Junior Markets’ daily report charts also show dividends paid or due and yields for each company, along with the closing volume of the highest bid and the lowest offer.

ICTOP10 Main Market stocks


Trading on the Jamaica Stock Exchange’s Main Market was mixed over the past week, with sharp declines among a handful of securities offset by a broad market rally, resulting in the market index rising by just 1.2 percent to end the week at 370,983.96. Against this backdrop, all of the top 10 best performing stocks exceeded gains in the index by a wide margin, with Palace Amusement jumping 40.5 percent and First Rock Real Estate rising by 24.6 percent.

Going forward, ICInsider.com’s forecast of leading Main Market stocks for the twelve months into late 2027 anticipates substantial upside across a group of stocks. Berger Paints tops the list with forecasted appreciation of 597 percent, ahead of Margaritaville with 572 percent and Sygnus Credit Investments with a 496 percent. QWI Investments is projected to gain 433 percent, Jamaica Broilers 402 percent and JMMB Group 382 percent. Further down, 138 Student Living is projected to rise 300 percent, as it recovers from a recent steep fall. Palace Amusement Company is projected to deliver a 239 percent, as good quality movies is expected to be a big pulling card for patrons, Lasco Distributors is projected for 215 percent rise and Caribbean Cement Company 155 percent to round out the ten.
Top Rising Ordinary Shares. On the positive side, Palace Amusement led all rising stocks with an outsized advance of 40.5 percent. It was followed by First Rock Real Estate, up 24.6 percent, VM Investments rallied by 20.6 percent. Sygnus Real Estate popped 14.5 percent and Berger Paints rose 12.6 percent. Kingston Properties advanced 12.3 percent while Jamaica Broilers Group rose 11.1 percent. 138 Student Living moved 9.1 percent higher, Barita Investments rose 8.3 percent, and a security trading under the symbol Tropical Battery closed out the top ten with a gain of 7.1 percent.
Top Losers. The sharpest decline came from Margaritaville, which fell 38.59 percent, by far the worst performer on the Main Market for the week. Sagicor Real Estate X Fund followed with an 11.66 percent drop, while the Sagicor Select Financial Fund slid 9.76 percent. Eppley lost 9.09 percent, and Caribbean Producers declined by 6.25 percent. Rounding out the bottom half, , Mayberry Jamaican Equities fell by 4.23 percent, Sagicor Select Manufacturing and Distribution Fund shed 4.17 percent, Lasco Manufacturing declined by 3.21 percent, Lasco Distributors dipped 2.94 percent, and Guardian Holdings closed 2.69 percent lower.

Elite trades 51m shares on Junior Market


Trading activity closed on the Jamaica Stock Exchange Junior Market Tuesday, with the volume and the value of stocks changing hands surging 387 percent and 295 percent respectively, compared to Monday, with Elite Diagnostic trading just under 51 million units. The market closed with trading in 41 securities, compared with 43 on Monday and ended with prices of 19 rising, 12 declining and 10 closing unchanged.

The market closed with 76,861,663 shares changing hands valued at $116,606,016, up from 15,797,464 units at $29,523,288 on Monday.
Trading averaged 1,874,675 shares at $2,844,049, well above 367,383 stock units for $686,588 on Monday. Trading month to date averages 307,272 units at $505,582, up from 230,125 stock units at $390,483 on the previous day and an average of 433,821 shares at $676,565 for August.
Trading was characterised by a larger than usual number of companies trading more than 1 million shares. Elite Diagnostic led trading with 50.83 million shares for 66.1 percent of total volume followed by Derrimon Trading with 8.01 million stocks for 10.4 percent of the day’s trade, Express Catering closed with 3.11 million stocks for 4 percent of the volume traded, Jamaican Teas ended with 2.52 million units for 3.3 percent of the volume traded, Stationery and Office Supplies with 1.79 million units for 2.3 percent of the day’s trades and Mailpac Group with 1.56 million units for 2 percent of market share.
At the close of trading, the Junior Market Index rallied 33.65 points to finish at 3,090.85.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and five with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com computes the 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, AMG Packaging gained 5 cents to end at $1.85, with 21,187 stocks crossing the market, Blue Power skidded 9 cents to close at $3.55 with an exchange of 5,790 units, Cargo Handlers lost 20 cents to end at $15.50, with 150 shares crossing the market. Caribbean Assurance Brokers dropped 14 cents to finish at $1.60, with investors trading 131,612 stock units, Caribbean Cream rallied 67 cents and ended at $2.98 in trading of 1,000 shares, Caribbean Flavours shed 12 cents to close at $1.21 with investors dealing in 9,935 units. Dolla Financial declined 6 cents to $4.05 in switching ownership of 96,123 stocks, Dolphin Cove increased 9 cents in closing at $9.96, with investors swapping 25,419 stock units, Elite Diagnostic climbed 18 cents and ended at $1.70 after a transfer of 50,831,044 shares. Everything Fresh rose 38 cents to close at $1.88 with investors trading 3,911 stock units, Express Catering rallied 22 cents to finish at $2.18 in an exchange of 3,112,026 stocks, Fontana fell 15 cents to end at $6.20 after trading of 36,155 units. ISP Finance advanced 37 cents in closing at $8.88, with 152 shares clearing the market, Jamaican Teas rose 16 cents to $2.27 in trading 2,520,876 stock units, Jetcon Corporation slipped 5 cents and ended at $4.70, with 99,682 shares changing hands. Limners and Bards gained 16 cents to end at $1.13 with a transfer of 73,320 units, Mailpac Group popped 17 cents to finish at $2.45 as investors exchanged 1,560,381 shares and Regency Petroleum rallied 10 cents to close at $4.20, with 85,577 stock units changing hands.
Prices of securities trading are those for the last transaction.

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Solid gains for JSE Main Market


The market indices of the Jamaica Stock Exchange Main Market enjoyed a big bounce on Tuesday, with the JSE Main Index jumping a solid 6,842.80 points, with the volume of stocks traded increasing 56 percent with a 20 percent rise in value compared to Monday, following trading in 61 securities compared with 62 on Monday, with prices of 23 rising, 25 declining and 13 ending unchanged.

The market closed with trading of 19,036,666 shares with the value at $284,857,279, up from 12,183,080 stocks at $237,605,239 on Monday.
Trading averaged 312,076 shares at $4,669,791 compared to 196,501 stocks at $3,832,343 on Monday. Trading for the month to date ended at an average of 288,473 units at $3,015,762 compared with 287,244 shares at $2,929,600 on the prior day, with an average of 895,289 stocks at $10,824,938 in August.
Transjamaican Highway led trading with 4.13 million shares for 21.7 percent of total volume followed by Sagicor Select Financial Fund which ended with 3.49 million stocks for 18.3 percent of the day’s trade, Radio Jamaica closed with 2.0 million stocks for 10.5 percent of the volume traded, Wigton Energy with 1.94 million units for 10.2 percent of the volume traded and Barita Investments with 1.32 million units for 6.9 percent of market trade.
The All Jamaican Composite Index rallied 7,035.81 points to settle at 450,658.36, the JSE Main Index advanced 6,842.80 points to conclude trading at 378,537.42 and the JSE Financial Index rose 2.28 points to end at 73.60. At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three 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 the fiscal year ending around August 2027.
At the close, Barita Investments rallied $10.99 to finish at $84.99 with 1,321,951 units being traded, GraceKennedy popped $1 and ended at a 52 weeks high of $82 with 40,534 units clearing the market, Guardian Holdings skidded $5 to $355 with investors trading 9,387 shares. Jamaica Producers lost 96 cents to close at $18.02, with 153,883 stock units crossing the exchange, JMMB Group dropped 43 cents to end at $20 with investors trading 189,510 shares, Lasco Manufacturing fell 40 cents in closing at $7.10 after a transfer of 80,906 units. Massy Holdings gained $5.05 to $79.05 with 59 stocks changing hands, MPC Caribbean Clean Energy slipped $3 and ended at $18, with 55,916 shares changing hands, NCB Financial rose 50 cents to close at $67.50 with investors swapping 239,746 shares. Proven Investments declined 98 cents and ended at $9.02 after an exchange of 358,750 units, Quantas Advantage climbed 49 cents to $24.99 in trading 96,330 stocks, QWI Investments climbed 11 cents to close at a 52 weeks high of 87 cents, after trading of 747,061 shares, Sagicor Real Estate Fund rallied $1.48 to $9.78, with 102 stocks crossing the market. Scotia Group advanced $8.25 to a 52 weeks high of $67.50, with swapping of 890,332 shares and Sygnus Real Estate Finance rose $1.13 in closing at $8.63 after 35 stocks passed through the market.
In the preference segment, Jamaica Public Service 9.5% shed $40 to finish at $2160 with an exchange of 2 units. 138 Student Living preference share gained $1 and ended at $230, with an exchange of a mere 1 stock unit and Productive Business Solutions 10.5% popped $250 to end at $1,250, with investors dealing in 4 shares.
Prices of securities trading are those for the last transaction

Scotia Group jumps $8.25 to $67.50


Scotia Group jumped $8.25 to close at $67.50 after the company’s parent, today advised of an increased offer of $75 per share to acquire the minority shareholdings. Trading closed Tuesday on the Jamaica Stock Exchange after a rise in the volume and value of stocks traded, compared to Monday. Trading ended with the major indices of the Main and the Junior Market rising as the JSE USD Market declined. At the end of trading, the prices of 44 shares rose, 40 declined and 27 remained firm.

Aided by the big move in the price of Scotia Group’s shares, the JSE Combined Market Index surged 6,784.22 points to 384,119.79, the All Jamaican Composite Index popped 7,035.81 points to finish at 450,658.36, a 4 year high the JSE Main Index rallied 6,842.80 points to wrap up trading at 378,537.42, for a high of just over four years, the Junior Market Index gained 33.65 points to conclude trading at 3,090.85 and the JSE USD Market Index lost 3.38 points to settle at 291.14.
At the close of trading, 96,484,325 shares were exchanged in all three markets, up from 28,778,925 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $401.46 million, up from $267.13 million on the previous day. Trading on the JSE USD market closed with an exchange of 585,996 shares for US$37,012, down from 798,381 units at US$86,114 on Monday.
In Main Market activity, Transjamaican Highway led trading with 4.13 million shares, followed by Sagicor Select Financial Fund with 3.49 million stocks and Radio Jamaica with 2.0 million units.
In Junior Market trading, Elite Diagnostic led with 50.83 million shares, followed by Derrimon Trading with 8.01 million stocks and Express Catering with 3.11 million units.
In Main Market ordinary share movements, among the top winners, Barita Investments rallied $10.99 and ended at $84.99, Scotia Group jumped $8.25 to close at $67.50, Massy Holdings rose $5.05 and ended at $79.05, Sagicor Real Estate Fund climbed $1.48 to $9.78 and Sygnus Real Estate Finance increased $1.13 to close at $8.63. Among the top losers, Guardian Holdings fell $5 to finish at $355.00, MPC Caribbean Clean Energy slipped $3 and ended at $18.00, Proven Investments lost 98 cents to finish at $9.02, Jamaica Producers skidded 96 cents to end at $18.02 and JMMB Group dipped 43 cents in closing at $20.00.
In the preference share segment, Jamaica Public Service 9.5% lost $40 to end trading at $2,160 and Productive Business Solutions 10.5% popped $250 to $1,250.
In the Junior Market, among the top winners, Caribbean Cream rallied 67 cents to end at $2.98, Everything Fresh advanced 38 cents to close at $1.88, ISP Finance rose 37 cents to $8.88, Express Catering advanced 22 cents to end at $2.18 and Elite Diagnostic climbed 18 cents and ended at $1.70. Among the top losers, Cargo Handlers dropped 20 cents to close at $15.50, Fontana shed 15 cents to finish at $6.20, Caribbean Assurance Brokers declined 14 cents and ended at $1.60, Caribbean Flavours shed 12 cents to $1.21 and Blue Power dropped 9 cents to close at $3.55.
At the close of trading, the PE ratio for the current year, compiled from projected 2026-27 earnings, is 13.6 and 17 based on 2025 historical earnings. Major one-off income or expenses are excluded from earnings where applicable. The PE ratio is one of the most used measures in valuing shares. It is calculated by dividing the stock price by earnings per share. 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 comparisons within sectors and the overall market.
Pertinent information is required 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.

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Scotiabank ups offer to $75 for Scotia Group


Scotiabank today announced an increase in the price to acquire the shares of the minority shareholders in Scotia Group Jamaica to $75 from $61.50 per share that was originally offered in June. The new offer of $75 per share represents an increase of just over 12 percent over the original offer.  

According to the release, “the offer was increased due to Scotia Group Jamaica’s significant second- and third quarter results. SCHL agreed that an increase to the purchase price in their proposal was warranted to provide shareholders with additional value and facilitate the successful completion of the Transaction.”

“Some large institutional shareholders entered into voting support arrangements in favour of the Transaction at the increased price. These shareholders collectively hold 21.12% of the minority shareholding in SGJL.”

Importantly, since the offer was announced in mid June NCB Group shares climbed from %2 to a high of $77.99 and have been trading around $67 since. This move would have encouraged institutional investors to demand more for their shares. 

Since COVID, Scotia Group slashed the annual dividend from an average over 40 percent of profits that they have been paying for years to the high 20 percent level. The new price has not factored in the dividend shortfall of several years.