Advertising agent Limners and Bards shook up trading on the Jamaica Stock Exchange Junior Market on Monday with an exchange of 26 million shares, accounting for 76 percent of the day’s volume. Stocks traded surged 393 percent, with 282 percent more value over Friday, following trading in 44 securities, up from 42 on Friday and ending with prices of 20 rising, 13 declining and 11 closing unchanged, with the market index moving higher.
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.
Trading averaged 774,428 shares at $837,162, after increasing from 164,663 stock units at $229,647 on Friday. Trading for the month to date averages 218,589 stocks at $334,479 up from 176,055 shares at $296,013 on the previous day and August, with an average of 433,821 shares at $676,565.
Limners and Bards led trading with 26.0 million shares for 76.3 percent of total volume, followed by RA Williams with 2.30 million stocks for 6.8 percent of the day’s trade, Omni Industries ended with 1.50 million stocks for 4.4 percent of the volume traded and Woodcats International with 1.35 million units for 4 percent of trading.
At the close of trading, the Junior Market Index climbed 15.64 points to end at 2,939.29. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 11.3. 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.
At the close of trading, Access Financial dipped $1.85 and ended at $17.48, with 611 stocks passing through the market, Blue Power rallied 53 cents to $3.73, following trading of 91,505 units, CAC 2000 fell 22 cents to end at 52 weeks low of $1.22, with 3,830 shares crossing the market.
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.
Prices of securities trading are those of the last transaction.
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.
At the end of the market activity, the JSE Combined Market Index fell 1,747.59 points to 370,551.14, as the All Jamaican Composite Index dropped 1,381.00 points to 434,526.98, the JSE Main Index dipped 1,322.46 points to end at 365,766.83, the Junior Market Index fell 67.31 points to finish at 2,901.62 and the JSE USD Market Index gained 6.06 points to close at 307.11.
Among the top losers, Guardian Holdings fell $28 to $350.00, MPC Caribbean Clean Energy dipped $3.79 to $21.21, Sagicor Group lost $1.49 to finish at $41.51, Carreras shed 58 cents to close at $28.02 and Caribbean Producers shed 46 cents to end at $7.60.
The market closed with trading of 7,703,163 shares for $10,200,830, after decreasing 8,413,693 units at $10,662,413 on Tuesday.
At the close of trading, Cargo Handlers fell $1.29 to close at $14.26 in an exchange of 9,005 stocks, Caribbean Assurance Brokers popped by 10 cents to end at $1.70 with an exchange of 276,099 stocks, Caribbean Flavours gained 10 cents and ended at $1.20 with trading in 22,000 units. Derrimon Trading dipped by 12 cents to end at 82 cents in trading 413,512 stocks, Dolla Financial lost 9 cents to close at $3.50, with 72,634 units crossing the market, Dolphin Cove rose 35 cents to finish at $9.40 with investors dealing in 10,601 stocks. Elite Diagnostic skidded 18 cents and ended at $1.59 with 2,400 shares changing hands, Everything Fresh slipped 30 cents to $1.67 in an exchange of 17,320 stock units, Express Catering declined 16 cents to end at $1.80 with investors trading 351,690 shares. Fontana shed 10 cents in closing at $6.05 with an exchange of 25,759 stocks, Image Plus dropped 5 cents to finish at $1.25 with 3,302 units crossing the market, Jamaican Teas fell 12 cents to $2.07 following a transfer of 162,653 stock units.
Jetcon Corporation skidded 8 cents to $4.39 with a transfer of 106,297 shares, JFP advanced by 11 cents to 46 cents as investors exchanged 12,592 stock units, Knutsford Express lost $1.15 to end at $7.49 with 6,051 units passing through the market. Mailpac Group shed 7 cents in closing at $2.30 after an exchange of 13,048 stocks, Omni Industries declined 5 cents to close at 90 cents with trading of 581,425 shares, Paramount Trading fell 6 cents to finish at 94 cents with 28,000 units crossing the exchange. RA Williams increased 15 cents to a 52 weeks high of 67 cents after a transfer of 790,055 stocks and Stationery and Office Supplies dipped 18 cents to end at $1.40 in switching ownership of 2,709,459 stock units.