Pan Jamaica trades 344 million shares

March 4, 2025 by
Trading surged on Tuesday following a big exchange in Pan Jamaica shares, accounting for 344.37 million units valued at $17.3 billion on the Jamaica Stock Exchange, sending the volume of stocks exchanged in the market well above that on Monday, with the value surging higher. Trading ended with the Main Market major indices falling, the Junior Market index inching higher and the JSE USD Market slipping.

At the end of trading the prices of 32 shares rose, 40 declined and 28 remained firm.
At the close of the market, the JSE Combined Market Index declined by 2,031.67 points to 338,838.68 while the All Jamaican Composite Index dropped 3,473.21 points to wrap up trading at 380,551.37, the JSE Main Index declined 2,147.94 points to finish at 327,609.96, the Junior Market Index gained 3.14 points to end at 3,563.42 and the JSE USD Market Index fell 0.37 points to finish at 223.89.
At the close of trading, 361,644,788 shares were exchanged in all three markets, up sharply from 20,780,018 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $17.35 billion, in contrast to just $81.49 million on the previous day and the JSE USD market closed with an exchange of 233,083 shares for US$9,836 compared to 245,926 units at US$7,499 on Monday.
In Main Market activity, Pan Jamaica led with 344.37 million shares followed by JMMB 9.5% preference share with 7.05 million stocks and Transjamaican Highway with 1.67 million units.
In Junior Market trading, ONE on ONE Educational led with 649,818 shares followed by Jamaican Teas with 445,140 stocks and JFP Ltd with 335,010 units.
In the preference segment, Productive Business Solutions 10.5% preference share declined $127 to $893.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 19.8 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated data to assist in decision-making. The PE ratio chart covers all the ordinary shares quoted on the Jamaica Stock Exchange and are grouped by industry, allowing for ease in comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market clobbered

March 3, 2025 by
The Junior Market of the Jamaica Stock Exchange suffered a hefty blow on Monday, with the need to fund public share issues seeming to be playing a role as such issues did in the past, this is following a huge 72 percent decline in the volume of stocks traded, with a 67 percent lower value than on Friday after the exchange of 44 securities compared with 45 on Friday.

The market closed with prices of just 10 rising, 24 declining and 10 closing unchanged with the Junior Market Index down sharply at the close with a sizable drop of 67.08 points to 3,560.28.
The market closed with trading of 7,155,019 shares for $14,911,504, down from 25,193,200 stock units at $45,578,261 on Friday with trading ending with an average of 162,614 shares for $338,898, well below the 559,849 stocks at $1,012,850 on Friday and February that closed with an average of 246,071 shares at $454,487.
Derrimon Trading led trading with 1.12 million shares for 15.6 percent of total volume followed by Everything Fresh which ended with 1.02 million units for 14.3 percent of the day’s trade and Jamaican Teas with 930,218 stocks for 13 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the first trading day in March, CAC 2000 rallied 10 cents and ended at $2.20 in trading a mere 1,258 units, following the release of the full year results showing a profit of 17 cents per share compared with a 76 cents loss in 2023. Caribbean Cream lost 12 cents to close at $2.73 after 74 stocks passed through the market, Consolidated Bakeries popped 9 cents to end at $1.89 in trading 1,501 shares. Express Catering slipped 14 cents in closing at $3 with 6,526 stock units crossing the exchange, Future Energy sank 14 cents to finish at $3.33 with 59,720 shares changing hands, Image Plus shed 12 cents to close at $1.20 in an exchange of 5,612 stocks.  ISP Finance declined 83 cents to $21.17 with traders dealing in 52 units, Jamaican Teas sank 25 cents in closing at $2.21 after a transfer of 930,218 stock units, Knutsford Express dropped $2.16 to end at $12.21 in switching the ownership of 220 shares. Medical Disposables fell 7 cents to close at a 52 weeks’ low of $1.31 after an exchange of 287,132 stock units, Omni Industries dipped 7 cents and ended at 95 cents with a transfer of 75,412 stocks with the price starting to reflect a truer valuation following the overstating of the earnings per share for 2024 of 5 cents, instead of the 8.6 cents the company erroneously reported. Regency Petroleum skidded 17 cents to finish at $3.20, with 116,188 units crossing the market. Stationery and Office Supplies sank 15 cents to $1.53 after an exchange of 139,184 stocks and Tropical Battery fell 10 cents in closing at $2.70 after 122,095 units were traded.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market dives into March

March 3, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 40 percent and the value 48 percent lower than on Friday, with trading in 60 securities compared with 62 on Friday, with prices of 19 rising, 28 declining and 13 ending unchanged, on the first day of trading in March.

The market closed with 13,379,073 shares trading for $66,575,572 compared with 22,307,712 stock units at $127,310,156 on Friday.
Trading ended with an average of 222,985 shares valued at $1,109,593 compared to 359,802 stocks at $2,053,390 on Friday and February that ended with an average of 405,332 units at $1,953,730.
Wigton Energy led trading with 4.03 million shares for 30.1 percent of total volume followed by Transjamaican Highway that ended with 3.29 million stocks for 24.6 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.14 million shares for 8.5 percent of the volume traded and Sagicor Select Financial Fund with 1.11 million units for 8.3 percent of the market share.
As is commonly accepted at the start of the month, the All Jamaican Composite Index shed 532.57 points to end at 384,024.58, the JSE Main Index dropped 1,611.89 points to conclude trading at 329,757.90 and the JSE Financial Index rose 0.02 points to settle at 69.20. The Investor’s Choice bid-offer indicator shows 12 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 15.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, AS Bryden fell $2.87 to $28.13 after the transfer of 1,843 stocks, Caribbean Cement declined $1.37 to end at $86.63 as investors exchanged 3,635 units, First Rock Real Estate sank 73 cents in closing at $8.56 with 1,230 shares clearing the market. General Accident fell 90 cents and ended at $5.27 with traders dealing in 11,451 stock units, Guardian Holdings dipped $6 to close at $298 with 428 shares crossing the exchange, Jamaica Broilers sank 94 cents to finish at $36.50 with investors swapping 1,497 units. JMMB Group shed 45 cents and ended at $22 with 40,293 stocks passing through the market, Kingston Properties dropped $1.15 to $8.30 in trading 12,090 stock units, Massy Holdings skidded $3.30 in closing at $78 with 608 shares changing hands. Mayberry Group increased 45 cents to end at $7.85 after 7,421 stocks were traded, 138 Student Living slipped 40 cents to $3.60 with investors dealing in 5,186 units, Sagicor Group climbed 51 cents to close at $42.50 in an exchange of 24,620 stock units and Supreme Ventures lost 70 cents to close at $19.50 with investors trading 402,011 shares.

In the preference segment, JMMB Group 7.15% – 2028 rose 44 cents and ended at $2.99 with an exchange of 8,416 stocks, 138 Student Living preference share rallied $30 to end at $320 with 65 units crossing the market and Sygnus Credit Investments C10.5% popped $6.44 in closing at $102.50 in switching ownership of 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Markets start March on negative note

March 3, 2025 by
Trading pulled back from Friday’s levels and the market dropped on Monday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged and a lower value than on Friday, resulting in the major indices of the Main Market falling along with the Junior Market and the JSE USD Market indices. At the end of trading the prices of 33 shares rose, 54 declined and 25 remained firm.

Three Trinidadian based companies suffered sizeable declines, with Guardian Holdings suffering the biggest fall of $6, AS Bryden $2.87 and Massy Holdings a drop of $3.30, in contrast, the stock with the biggest gain was Sagicor Group up 51 cents.
At the close of trading, the JSE Combined Market Index lost 2,022.05 points to end at 340,870.35, the All Jamaican Composite Index skidded 532.57 points to wrap up trading at 384,024.58, the JSE Main Index shed 1,611.89 points to finish at 329,757.90, the Junior Market Index declined 67.08 points to 3,560.28 and the JSE USD Market Index sank 0.19 points to 224.26.
A total of 20,780,018 shares were exchanged in all three markets, down from 47,819,272 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.49 million, well below the $172.89 million on the previous trading and the JSE USD market closed with an exchange of 245,926 shares for US$7,499 well off of the 318,360 units at US$20,139 on Friday.
In Main Market activity, Wigton Energy led trading with 4.03 million shares followed by Transjamaican Highway with 3.29 million stocks and JMMB Group 7.35% – 2028 with 1.14 million units.
In Junior Market, Derrimon Trading led with a volume of 1.12 million shares followed by Everything Fresh with 1.02 million stocks and Jamaican Teas with 930,218 units.
In the preference segment, 138 Student Living preference share climbed $30 and ended at $320 and Sygnus Credit Investments C10.5% increased $6.44 to $103.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2023-24 earnings and 20 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading slips on the JSE USD Market

March 3, 2025 by
The Jamaica Stock Exchange US dollar market closed on Monday, with the volume of stocks traded declining 23 percent with a 63 percent lower value than on Friday, resulting in an exchange of eight securities, down from 11 on Friday with prices of four rising, two declining and two ending unchanged.

The market closed with an exchange of 245,926 shares for US$7,499 down from 318,360 stocks at US$20,139 on Friday.
Trading averaged 30,741 shares at US$937 compared to 28,942 stocks at US$1,831 on the previous trading day and February with an average of 115,433 units for US$5,430.
The US Denominated Equities Index declined 0.19 points to wrap up trading at 224.57. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 9.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share dropped 0.5 of a cent and ended at a 52 weeks’ low of 1.6 US cents after an exchange of 111,921 stocks, Proven Investments rose 0.15 of a cent to 11.5 US cents with investors trading 20,460 units, Sterling Investments rallied 0.08 of one cent to finish at 1.9 US cents in switching ownership of 26,282 shares. Sygnus Credit Investments ended at 7 US cents with investors swapping 7,757 stock units, Sygnus Real Estate Finance USD share remained at 7.94 US cents with a transfer of 878 shares and Transjamaican Highway popped 0.11 of one cent in closing at 2.4 US cents as investors exchanged 78,618 stocks.

In the preference segment, Sygnus Credit Investments US 8% sank US$1.275 to a 52 weeks’ low of US$7.2252 with 9 units crossing the market and Sygnus Credit Investments E8.5% climbed 1 cent and ended at US$9.74 after a transfer of just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , ,

Two new additions to ICTOP10

March 3, 2025 by
Price movements in the ICTOP10 this past week as mostly muted with the Main Market having only two stocks with notable price changes while the Junior Market three, while both markets had one new listing.

Market movements resulted in prices of 5 stocks rising and 3 declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with two gains and 2 losses.
In the Junior Market ICTOP10, Caribbean Flavours ran up 7 percent to $1.34 and Iron Rock Insurance gained 4 percent to $3.75, while AMG Packaging fell 6 percent to $3.
In the Main Market ICTOP10, Berger Paints rose 9 percent to $7.82 and Key Insurance fell 10 percent to close at $2.16.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Key Insurance falling out and replaced by AMG Packaging
Iron Rock Insurance fell out of the Junior Market ICTOP10 and is replaced by Limners and Bards. In the Main Market ICTOP10, VM Investments returns after a one week’s absence, replacing Key Insurance that reported earnings of just 12 cents per share for the full year, much lower than projected.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.9, well below the market average of 15.7 and the Junior Market TOP10 stands at 7.7, more than half of the market, with an average of 13.4.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 256 percent by May 2025, providing better values than the Junior Market, projected to achieve a 172 percent increase for the same period.
In the Main Market ICTOP 10, there are 17 stocks with the highest values representing 33 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 24 excluding the highest PE ratios and a PE of 26 for the top half of the market with the highest values and 20 excluding the stocks with overweight values.
In the Junior Market IC TOP10, 15 stocks or 31 percent of the market have PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
The ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Filed Under: Buy Rated, Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

JSE main stocks climb into month end

February 28, 2025 by
The Main Market of Jamaica Stock Exchange ended the week and month on Friday, with gains in the market indices but ended lower than at the start of the year with the volume of stocks traded rising with a 16 percent bounce and a 56 percent higher value than on Thursday. Trading ended with an exchange of 62 securities, up from 58 on Wednesday, with prices of 31 rising, 16 declining and 15 ending unchanged.

The market closed with 22,307,712 shares being traded at $127,310,156 up from  19,286,971 stock units for $81,408,365 on Wednesday.
Trading averaged 359,802 shares at $2,053,390 compared with 332,534 stocks for $1,403,593 on Thursday and month to date, an average of 405,332 stock units for $1,953,730 versus 407,819 units at $1,948,286 on the previous day and January with an average of 257,074 stock units at $2,582,065.
At the end of trading, Wigton Energy led trading with 12.01 million shares followed by Transjamaican Highway with 2.08 million units and Proven Investments with 966,973 shares.
At the close of the market, the JSE Combined Market Index climbed by 524.60 points to 342,892.40, the All Jamaican Composite Index rallied 2,103.48 points to 384,557.15, the JSE Main Index eked out a gain of 222.47 points to 331,369.79 and the Financial Index gained 0.42 points to end up at 69.18.
The Main Market ended trading with an average PE Ratio of 15.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activity, Kingston Wharves climbed $3.59 to close at $29.90 after 192,611 were traded, Investors exchanged 104,273 shares of Jamaica Broilers pushing the price up by $2.44 in closing at $37.44, Pan Jamaica ended with trading of 33,102 shares and rose $2 to $59, the Trinidadian based Massy Holdings climbed $1.30 to $81.30 after the trading of 527 shares, while Jamaica’s sole cement producer Caribbean Cement had trading in 51,676 and rose $1.26 to close at $88.00 and Sygnus Credit Investments saw trading of 21,350 stocks and gained 82 cents to close up to $13.05.
AS Bryden dropped $2.35 to $31 after an exchange of 3,286 stock units, Jamaica Producers declined by 70 cents in closing at $24.30 while trading 128,177 shares, First Rock Real Estate dropped 69 cents to $9.29 after investors exchanged 322,895 stocks units. Pulse Investments traded 198,910 shares and closed at a 52 weeks low of 82 cents, Proven Investments ended with trading of 966,973 units after declining 49 cents to $18.50, Supreme Ventures declined by 30 cents to close at $20.20 after trading at an intraday 52 weeks’ low of $18.73 with 859,556 shares changed hands and Salada Foods lost 30 cents in trading 5,180 shares at $3.35.
In the preference segment, Jamaica Public Service jumped $40 to $2,690, following trading of just one stock, JMMBG7.15% due 2030 closed with 47,648 being traded with the price falling 45 cents to $2.55,
Eppley 7.75% lost $1.41 to close at $18 after an exchange of 1,500 shares, Sygnus Credit 10% rose $15.50 to close at a record high of $115.5o after an exchange of 365 shares and Productivity Business Solutions fell $30 to close at $1,020 after trading at an intraday 52 weeks’ low of $892.50.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Steady JSE USD Market at month end

February 28, 2025 by
The Jamaica Stock Exchange US dollar market closed Friday, with a moderation in the volume of on with a 70 percent lower value than Thursday with a similar number of stocks trading both days. The market closed with activities in 11 securities and ended with prices of three rising, four declining and four ending unchanged.

The day closed with an exchange of 318,360 shares for US$20,139 compared with 302,740 stocks at US$66,625 on Thursday. Trading averaged 28,942 shares at US$1,831 compared to 27,522 stocks at US$6,057 on Thursday, with a month to date average of 115,433 units at US$5,430 slightly down from 121,819 stocks at US$5,695 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index dipped 1.52 points to conclude trading at 224.76. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 9.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden dipped 1.2 cents to end at 19.8 US cents as investors exchanged 3,659 stock units, First Rock Real Estate USD share ended at 2.1 US cents with trading in 51,341 shares, Margaritaville popped 1.5 cents to 9.5 US cents with an exchange of 1,024 stocks. Proven Investments remained at 11.35 US cents after closing with an exchange of 119,762 units, Sterling Investments remained at 1.82 US cents with investors trading 10,736 stocks, Sygnus Credit Investments advanced 0.01 of one cent and ended at 7 US cents in switching ownership of 3,984 units. Sygnus Real Estate Finance USD share ended at 7.94 US cents with investors trading 1,954 shares and Transjamaican Highway fell 0.18 of one cent and ended at 2.29 US cents with 125,785 stock units crossing the exchange.

In the preference segmen, Sygnus Credit Investments US 8% rose 0.02 of one cent to end at US$8.5002 with a transfer of 5 shares, Sygnus Credit Investments US 8% lost 79.99 cents in closing at US$9.0001 after an exchange of 70 stock units and Sygnus Credit Investments E8.5% dropped 17 cents to close at US$9.73 with 40 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , ,

Junior Market jumps to close February

February 28, 2025 by
Trading activity climbed on the Junior Market of the Jamaica Stock Exchange Friday, to close out the month resulting in a 182 percent jump in the volume of stocks traded, following a 134 percent rise in value over Thursday with trading in 45 securities compared with 44 on Thursday and ending with prices of 19 rising, 14 declining and 12 closing unchanged.

The market closed trading with an exchange of 25,193,200 amounting to $45,578,261 up from 8,941,253 units at $19,448,755 on Thursday. Trading averaged 559,849 stocks at $1,012,850 well over the 203,210 shares at $442,017 on Thursday with the month to date, averaging 246,071 units at $454,487 slightly more than the 229,120 stock units at $424,323 on the previous day and January with an average of 350,850 shares at $615,775.
ONE on ONE Educational led trading with 7.84 million shares for 31.1 percent of total volume followed by Jamaican Teas with 5.91 million stocks for 23.5 percent of the day’s trade, Fosrich closed with 1.86 million stocks for 7.4 percent of the volume traded, Stationery and Office Supplies ended with 1.77 million units for 7 percent of the day’s trade, Derrimon Trading delivered up 1.13 million stocks for 4.5 percent of the volume traded and Lasco Financial with 1.06 million shares for 4.2 percent of market share.
At the close of trading, the Junior Market Index rose 43.50 points to settle at 3,627.36. The Investor’s Choice bid-offer indicator shows eight 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 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the second month of the year, Cargo Handlers rose 8 cents in closing at $11.08 with investors swapping 826 stock units, Caribbean Cream shed 15 cents to $2.85 with trading of 44,283 shares, Caribbean Flavours rose 8 cents to close at $1.34 after investors traded 3,435 stocks. Dolphin Cove popped $1.50 to end at $14 in switching ownership of 94,773 units, but only after hitting an intraday 52 weeks’ low of $11.90, Future Energy rallied 17 cents to finish at $3.47 after an exchange of 248,009 stocks, Honey Bun lost 23 cents and ended at $7.85 with investors dealing in 6,690 units. Indies Pharma increased 41 cents to $3.77 after an exchange of 488,333 shares, Iron Rock Insurance advanced 15 cents to finish at $3.75 with 10 stock units clearing the market, ISP Finance gained 73 cents and ended at $22 with trading of 2,002 shares. Knutsford Express popped $1.08 in closing at $14.37 after a transfer of 66,727 stocks, Limners and Bards dropped 14 cents to $1.13 as investors exchanged 103,794 stock units, Medical Disposables sank 23 cents to end at $1.38 with a transfer of 18,007 stock units. Regency Petroleum advanced 12 cents in closing at $3.37 with 533,209 shares being traded, Stationery and Office Supplies rose 13 cents to $1.68 with an exchange of 1,771,466 stock units and tTech climbed 8 cents and ended at $1.45 with 704 stocks crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading climbs on Jamaica Stock Exchange

February 28, 2025 by
Trading closed Friday on the Jamaica Stock Exchange with a rise in the volume and the value of stocks that were exchanged, compared with trading on Thursday, resulting in gains in Main Market and the Junior Market indices with the JSE USD Market slipping. At the end of trading the prices of 53 shares rose, 40 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index rose 524.60 points to finish at 342,892.40, the All Jamaican Composite Index rallied 2,103.48 points to 384,557.15, the JSE Main Index eked out a gain of 222.47 points to close at 331,369.79, the Junior Market Index rallied 43.50 points to settle at 3,627.36 and the JSE USD Market Index shed 1.52 points to end at 224.45.
At the close of trading, 47,500,912 shares were exchanged in all three markets, up from 28,525,974 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to 172.89 million shares, up from $100.86 million on the previous day and the JSE USD market closed with an 318,360 shares for US$20,139 compared to 302,740 stocks at US$66,625 on Thursday.
In Main Market activity, Wigton Energy led trading with 12.01 million shares followed by Transjamaican Highway with 2.08 million stock units and Proven Investments with 966,973 shares.
In Junior Market trading, ONE on ONE Educational led trading with 7.84 million shares followed by Jamaican Teas which ended with 5.91 million stocks, Fosrich closed with 1.86 million stocks, Stationery and Office Supplies with 1.77 million units, Derrimon Trading with 1.13 million shares for 4.5 percent of the volume traded and Lasco Financial with 1.06 million stocks.
In the preference shares segment, Jamaica Public Service jumped $40 to $2.690, Eppley 7.75% lost $1.41 to close trading at $18 and Productivity Business Solutions fell $30 to close at $1,020.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.7 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are 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.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,