Private capital provider Quantas Advantage contributed just over 62 percent of the value of stocks traded on the Jamaica Stock Exchange US Dollar Market on Wednesday. The number of stocks traded rose 16 percent at a 63 percent higher value compared with Tuesday, resulting in an exchange of only five securities, down from seven on Tuesday, with the price of one rising, one declining and three ending unchanged.
The market closed with an exchange of 931,250 shares for US$84,657 up from 801,096 stock units at US$51,913 on Tuesday.
Trading ended with an average of 186,250 shares at US$16,931, in an increase from 114,442 stock units at US$7,416 on Tuesday. Trading for the month to date averages101,841 units at US$8,705 compared with 97,621 stock units at US$8,294 on the previous day and below August that ended with an average of 115,072 units for US$12,480.
The US Denominated Equities Index gained 6.06 points to close at 307.11. 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. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is computed by dividing the last traded stock price by the earnings per share for the financial year ending around August 2026.At the close of trading, Proven Investments ended at 5.98 US cents in an exchange of 18,444 units, Quantas Advantage shed 1 cent to end at 12 US cents with 439,500 stocks being traded, Sterling Investments remained at 2.2 US cents after a transfer of 497 shares. Sygnus Credit Investments ended at 6 US cents with 253,917 stock units crossing the market and Transjamaican Highway gained 0.26 of a cent to end at 7 US cents after an exchange of 218,892 shares.
Prices of securities trading are those of the last transaction.
Several Junior Market stocks posted strong gains during the past week. Edufocal led with a 46.15 percent surge, followed by One Great Studio up 13.16 percent, and Iron Rock advancing 12 percent. Other notable winners included ONEonOne with a rise of 11.11 percent, MFS Capital Partners gaining 10 percent and IPCL advancing 8.7 percent.
Express Catering, not without some flaws, including excessive interest-free lending to its parent company, is expected to generate improved profits in the current fiscal year, with tourism traffic to the country gradually improving. RA Williams sits in the number 3 position as of Friday, with first quarter results showing a major turnaround and delivering a solid rise in revenues and profit; Caribbean Assurance Brokers and Caribbean Cream follow. Main Event makes the list based on the assumption of a recovery in operations in 2027.
The market closed with an exchange of 801,096 shares worth US$51,913, down from 1,387,653 stocks at US$107,528 on Monday.
The market closed with trading of 8,413,693 shares for $10,662,413, up from 7,321,627 stock units at $8,554,856 on Monday.
At the close of trading, AMG Packaging rose by 7 cents to close at $1.80 with an exchange of 43,105 shares, Blue Power popped 25 cents to $3.49 with a swapping of 900 shares, Cargo Handlers advanced 55 cents to finish at $15.55 as investors exchanged 2 units. Caribbean Assurance Brokers fell 10 cents tot $1.60 in trading 16,343 stocks, Consolidated Bakeries rose 13 cents to $1.40 with 819 stock units passing through the market, Dolphin Cove dipped 40 cents in closing at $9.05 in an exchange of 27,010 shares. Elite Diagnostic climbed 8 cents to $1.77 with investors dealing in 1,165 stocks, Everything Fresh increased 39 cents in closing at $1.97 in an exchange of 1,740 stock units, Fontana lost 25 cents and ended at $6.15 with 52,794 shares clearing the market. Image Plus rallied 7 cents to end at $1.30 after an exchange of 858,023 units, JFP declined 13 cents to close at 35 cents with a transfer of 449,311 stocks,
Main Event shed 30 cents to finish at $3.50 with 557 stock units crossing the exchange. MFS Capital Partners dropped 10 cents and ended at 45 cents after trading 273,553 shares, Paramount Trading popped 6 cents to $1 with 200,000 units crossing the market, RA Williams rallied 5 cents in closing at a 52 weeks high of 52 cents, with a transfer of 2,124,176 stocks. Regency Petroleum slipped 9 cents and ended at $4.06, with 5,808 shares changing hands and Spur Tree Spices rose 16 cents to end at $1.45, with investors trading 1,320,538 shares.
The market closed with, the JSE Combined Market Index climbing by 1,059.30 points to close trading at 372,298.73. The All Jamaican Composite Index advanced 836.39 points to 435,907.98, the JSE Main Index popped 719.76 points to end at trading 367,089.29, as the Junior Market Index jumped 51.70 points to close at 2,968.93 and the JSE USD Market Index popped a mere 0.01 points to end at 301.05.
Among the top losers, Massy Holdings shed $2.05 to close at $77.35, Sagicor Real Estate Fund declined by $1.69 to finish at $8.00, Eppley Caribbean Property Fund fell $1 and ended at $42.00, Carreras slipped 88 cents in closing at $28.60 and Sagicor Group lost 79 cents to close at $43.00.
The market closed with 17,738,008 shares trading worth $226,732,279 after increasing from 11,657,525 stocks at $86,155,572 on Friday.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
Quantas Advantage fell $2.70 to end at $16.80 with 7,100 stocks crossing the market, Sygnus Real Estate Finance dipped $1.36 in closing at $7.64 after a transfer of 12,000 units, Transjamaican Highway skidded by 78 cents to close at $10.21, after trading of 10,554,234 stock units. West Indies Petroleum rallied 66 cents to $9.96 after an exchange of 1,769 shares and Wisynco Group increased 64 cents to close at $20.82 with 241,916 units crossing the market.
Trading resulted in an exchange of 7,321,627 shares worth $8,554,856, compared with 7,107,298 stocks at $9,084,330 on Friday.
Honey Bun dropped 19 cents to end at $5.80 with an exchange of 124,406 units, Jamaican Teas climbed 12 cents to finish at $2.20 after 78,051 stocks cleared the market, JFP gained 8 cents to close at 48 cents after an exchange of 122,739 stock units. Main Event advanced 52 cents to $3.80 with investors swapping 6,856 shares, Omni Industries rose 5 cents to end at 93 cents with 500 units crossing the market, Paramount Trading dipped 6 cents in closing at 94 cents with investors trading 14,417 stocks. RA Williams rallied 8 cents to close at 47 cents after a transfer of 3,102,606 stock units and Regency Petroleum skidded 23 cents to finish at $4.15 in switching ownership of 34,295 shares.
The market closed with an exchange of 1,387,653 shares for US$107,528 after surging from 337,799 stock units at US$51,834 on Friday.
At the end of the market activity, the JSE Combined Market Index lost 3,972.14 points to 371,239.43, the All Jamaican Composite Index dropped 6,978.92 points to end at 435,071.59, the JSE Main Index skidded 3,989.75 points to 366,369.53, in the mean time the Junior Market Index fell by 21.92 points to end trading at 2,917.23 and the JSE USD Market Index dropped 12.86 points to 301.04.
Among the top losers, Guardian Holdings dropped $19.99 in closing at $350.00, Quantas Advantage fell $2.70 to $16.80, Barita Investments slipped $1.56 to end at $65.45, Caribbean Cement fell $1.50 and ended trading at $108.00, Sygnus Real Estate Finance shed $1.36 to close at $7.64.
The market closed with an exchange of 337,799 shares for US$51,834, down from 1,237,260 stock units at US$93,191 on Thursday.