Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 34 percent and the value jumping by 113 percent than on Monday, with activity in 54 securities down from 59 on Monday, with prices of 15 stocks rising, 26 declining and 13 ending unchanged.
The market closed with 11,714,898 shares being traded for $61,785,252 compared with 17,740,034 units at $29,050,071 on Monday.
Trading averaged 216,943 shares at $1,144,171 compared with 300,679 units at $492,374 on Monday and month to date, an average of 749,405 units at $7,049,885 compared with 784,047 units at $7,434,112 on the previous day and June that ended with an average of 246,425 units at $1,945,941.
138 Student Living led trading with 4.95 million shares for 42.2 percent of total volume followed by Wigton Windfarm with 2.52 million units for 21.5 percent of the day’s trade and Transjamaican Highway with 850,644 units for 7.3 percent market share.
The All Jamaican Composite Index rose 1,008.75 points to end trading at 354,761.14, the JSE Main Index increased 338.01 points to settle at 313,928.05 and the JSE Financial Index increased by just 0.28 points to 66.56.
The Main Market ended trading with an average PE Ratio of 13.9. 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.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, AS Bryden fell $2.99 to close at $35.01 in an exchange of 1,371 units, Eppley Caribbean Property Fund rose $3.70 to $40.90 with traders dealing in 1,233 stocks, First Rock Real Estate dipped 52 cents and ended at $10 after a transfer of 55,117 shares. GraceKennedy lost 62 cents to finish at $73.60 as investors exchanged 323,021 stock units, Guardian Holdings declined $10 in closing at $345 with a transfer of 90 shares, Jamaica Broilers sank 40 cents to end at $33, with 5,745 stock units crossing the market. Jamaica Producers slipped 50 cents in closing at $23.50 with an exchange of 415 stocks, Jamaica Stock Exchange advanced $1.07 to $11.08, with 8,171 units changing hands, 
Margaritaville sank $1.84 and ended at $13.60 with investors trading 3,003 stocks. NCB Financial popped 55 cents to finish at $52.40 after an exchange of 20,391 shares, Pan Jamaica climbed 98 cents to close at $48.99 with investors trading 10 stock units, Sagicor Group dropped 50 cents to end at $40 with 21,080 units crossing the exchange. Sterling Investments shed 36 cents to $2.04 with investors swapping 6,903 shares and Supreme Ventures skidded 41 cents to finish at $22.95 in an exchange of 1,300 stock units.
In the preference segment, Sygnus Credit Investments C10.5% sank $16.04 and ended at $90.96 with investors dealing in 1,525 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners hard to find on Junior Market
A mere five stocks recorded gains on Tuesday, following trading in 41 securities up from 43 on Monday with prices of 22 declining and 14 closing unchanged, however, the Investor’s Choice bid-offer indicator is flashing positive developments for trading activity on the Junior Market of the Jamaica Stock Exchange on Wednesday, as the market ended with a 132 percent surge in the volume of stocks traded, with a 331 percent greater value than Monday.
The market closed on Tuesday with trading of 9,854,162 stock units for $24,889,108 compared to 4,251,907 shares at $5,779,055 on Monday.
Trading averaged 240,345 shares at $607,051 up from 98,882 units at $134,397 on Monday with the month to date, averaging 409,509 units at $842,354 compared to 421,225 stock units at $858,650 on the previous day and June with an average of 318,732 units at $696,979.
JFP Ltd led trading with 2.40 million shares for 24.4 percent of total volume followed by EduFocal with 2.26 million stocks for 22.9 percent of the day’s trade, Fontana ended with 1.72 million units for 17.4 percent market share and Dolla Financial with 1.03 million shares for 10.4 percent of total volume.
At the close of trading, the Junior Market Index dropped 30.30 points to close at 3,640.76.
The Junior Market ended trading with an average PE Ratio of 12.4, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial shed $3.44 to end at $18.51 with investors dealing in 1,500 stock units, Cargo Handlers sank 40 cents to $12 with 2,100 shares crossing the market, Caribbean Assurance Brokers dipped 20 cents to $3.40 as investors traded 5,120 stocks. Dolla Financial sank 11 cents to finish at $2.77 and closed with an exchange of 1,026,165 units, Express Catering climbed 11 cents and ended at $4 with investors trading 115,457 shares, Fontana slipped 10 cents to close at $7.95 after 1,717,590 stocks passed through the market. 
Honey Bun fell 30 cents to $8.25 in trading 9,696 units, Indies Pharma skidded 30 cents to close at $2.30, with 158,642 stock units crossing the exchange, following the lifting of the suspension of trading, Iron Rock Insurance increased 12 cents to finish at $2.30 with traders dealing in just one stock with the company posting big gains in profit for the 2023 fiscal year and the first quarter to March. ISP Finance lost $5 and ended at $20, with 2,000 stocks clearing the market, JFP Ltd declined 10 cents in closing at $1.04 with an exchange of 2,402,260 units, Limners and Bards dipped 9 cents to end at $1.50 after investors ended trading 5,000 stock units. Main Event fell 20 cents in closing at $12.50 with a transfer of 30,021 shares and Regency Petroleum dropped 14 cents to $2.26, with 24,424 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Elevated trading on JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market over the past two days, with the volume of stocks exchanged surging 1,219 percent on Tuesday after a 954 percent jump in the value over Monday, resulting in trading in eight securities, compared to eight on Monday with prices of four declining and four ending unchanged.
The market closed with an exchange of 484,869 shares for US$42,958 compared to 36,773 units at US$4,077 on Monday, as trading averaged 60,609 stock units at US$5,370 versus 4,597 shares at US$510 on Monday, with a month to date average of 37,198 shares at US$2,721 compared with 34,886 units at US$2,459 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index slipped 0.44 points to end trading at 226.35.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.9. The PE ratio is calculated based on last traded prices divided by projected earnings computed by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, AS Bryden ended at 22.49 US cents after a transfer of 68 stocks, First Rock Real Estate USD share had trading of 526 units at 4.03 US cents, Margaritaville remained at 7.9 US cents with traders dealing in 1,337 shares. Proven Investments dipped 0.2 of a cent to 11.8 US cents after an exchange of 184,338 stock units, 
Sterling Investments sank 0.34 of a cent to close at 1.49 US cents after 201 shares passed through the market, Sygnus Credit Investments dipped 0.01 of a cent to7.49 US cents with investors dealing in 1,981 stocks and Transjamaican Highway fell 0.03 of a cent to 2 US cents closed at 295,011 units.
In the preference segment, Sygnus Credit Investments E8.5% ended at US$10.40 with a transfer of 1,407 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market rises Junior & USD Markets fall
Trading picked up on the Jamaica Stock Exchange on Tuesday, with the volume of stocks changing hands climbing, with the value of stocks traded jumping sharply over the previous day and resulting in prices of just 18 shares rising and 44 declining, with the Main Market closing higher and the Junior and JSE USD markets closing lower.
At the close of trading, the JSE Combined Market Index climbed 108.87 points to 326,312.91, the All Jamaican Composite Index rallied 1,008.75 points to 354,761.14, the JSE Main Index popped 338.01 points to close at 313,928.05. The Junior Market Index sank 30.30 points to close trading at 3,640.76 and the JSE USD Market Index slipped 0.44 points to 226.35.
At the close of trading, 22,053,861 shares were exchanged in all three markets, similar to 22,027,669 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $86.67 million, well over the $34.8 million on the previous trading day and the JSE USD market closed with an exchange of 484,869 shares for US$42,958 compared to 36,773 units at US$4,077 on Monday.
In Main Market activity, 138 Student Living led trading with 4.95 million shares followed by Wigton Windfarm with 2.52 million stock units and Transjamaican Highway with 850,644 units.
In Junior Market trading, JFP Ltd led trading with 2.40 million shares followed by EduFocal with 2.26 million stock units, Fontana ended with 1.72 million units and Dolla Financial with 1.03 million shares.
In the preference segment, Sygnus Credit Investments C10.5% sank $16.04 and ended at $90.96.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.9 on 2023-24 earnings and 13.5 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.
Stocks rose on limited Main Market trading
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 135 percent and the value falling 22 percent lower than on Friday, with trading in 59 securities compared with 53 on Friday, with prices of 29 stocks rising, 15 declining and 15 ending unchanged.
The market closed on Monday with 17,740,034 shares being traded for $29,050,071 compared with 7,561,920 units at $37,357,214 on Friday.
Trading averaged 300,679 shares at $492,374 versus 142,678 shares at $704,853 on Friday and month to date, an average of 784,047 stocks at $7,434,112 down from 821,037 units at $7,965,321 on the previous day and June with an average of 246,425 stock units at $1,945,941.
Palace Amusement led trading with 11.51 million shares for 64.9 percent of total volume followed by Sagicor Select Financial Fund with 2.05 million units for 11.5 percent of the day’s trade and Transjamaican Highway with 1.43 million units for 8.1 percent of the day’s trade.
The All Jamaican Composite Index rose 1,831.79 points to end trading at 353,752.39, the JSE Main Index rallied 2,072.37 points to wrap up trading at 313,590.04 and the JSE Financial Index rose 0.71 points to 66.28.
The Main Market ended trading with an average PE Ratio of 13.8. 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.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose $1.25 in closing at $38 in an exchange of 830 shares, Eppley Caribbean Property Fund dropped $3.79 to $37.20 in the trading of 1,080 units, First Rock Real Estate gained 32 cents to end at $10.52 in an exchange of 16,365 stocks. GraceKennedy popped $1.22 in closing at $74.22, with 11,145 stock units crossing the market, Guardian Holdings advanced $10 and ended at $355 after an exchange of 59 shares, Jamaica Broilers sank 60 cents to finish at $33.40 with investors trading 2,686 stocks. Jamaica Producers climbed 50 cents to end at $24 after an exchange of 4,351 units, Jamaica Stock Exchange declined $1.06 to $10.01 with a transfer of 101,193 stock units, JMMB Group increased 40 cents in closing at $23.70 with investors dealing in 3,757 shares. Kingston Wharves rallied 99 cents to finish at $26.99 in switching ownership of 238 units, Massy Holdings increased $1.95 to close at $80 as investors exchanged 615 stocks, 
MPC Caribbean Clean Energy climbed 95 cents to end at $107.95 in trading 298 stock units. NCB Financial popped 85 cents in closing at $51.85, with 13,264 shares crossing the exchange, Pan Jamaica shed 99 cents to $48.01 with investors swapping 120 units, Scotia Group gained $2.13 to finish at $45.20, with 44,969 stocks crossing the market. Seprod rose 50 cents and ended at $79 with an exchange of 510 stock units, Sygnus Real Estate Finance advanced 50 cents to close at $11 after 501 shares passed through the market and Wisynco Group rallied 32 cents to end at $20.20 after a transfer of 20,657 stocks.
In the preference segment, Jamaica Public Service 7% increased 92 cents to $47.34 with 170 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dived on the Junior Market
Trading dropped sharply on the Junior Market of the Jamaica Stock Exchange on Monday, following the big trade in Dolla Financial on Friday with the volume of stocks traded declining 96 percent with a 98 percent lower value, with trading in 43 securities compared with 40 on Friday and ending with prices of 21 rising, 14 declining and eight closing unchanged.
The market closed on Monday with the trading of 4,251,907 shares for $5,779,055 down from 106,310,225 units at $249,915,230 on Friday.
Trading averaged 98,882 shares at $134,397 compared with 2,657,756 units at $6,247,881 on Friday with the month to date, averaging 421,225 stock units at $858,650 compared to 446,472 stock units at $915,377 on the previous day and June with an average of 318,732 units at $696,979.
EduFocal led trading with 2.03 million shares for 47.8 percent of total volume followed by Dolla Financial with 957,337 units for 22.5 percent of the day’s trade and JFP Ltd with 256,593 units for 6 percent market share.
At the close of trading, the Junior Market Index gained 30.31 points to end at 3,671.06.
The Junior Market ended trading with an average PE Ratio of 12.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power fell 27 cents and ended at $4.11 after the trading of 2,288 shares, Cargo Handlers rallied 55 cents to close at $12.40 after an exchange of 2,600 stock units, Caribbean Cream increased 9 to end at $3.44 with investors dealing in 312 stocks, Dolla Financial climbed 8 cents in closing at $2.88 with a transfer of 957,337 units, Dolphin Cove declined 18 cents to finish at $23 as investors exchanged 4,741 shares, Elite Diagnostic rose 6 cents to close at $1.54 after a transfer of 2,782 units. Express Catering advanced 19 cents to $3.89, with just 2 stock units changing hands, Fontana sank 43 cents and ended at $8.05 in trading 12,095 stock units, Future Energy popped 8 cents in closing at $3.29 with 150,050 shares clearing the market. Honey Bun slipped 5 cents to finish at $8.55 with an exchange of 1,486 units, iCreate sank 5 cents to end at 50 cents, with 54,113 stocks crossing the market, Indies Pharma gained 14 cents to close at $2.60 with investors trading 1,771 stock units. Jamaican Teas shed 18 cents to end at $2.12 in an exchange of 11,081 shares,
JFP Ltd popped 13 cents to end at $1.14 with traders dealing in 256,593 stock units, KLE Group climbed 21 cents in closing at $2.23 with an exchange of 4,149 units. Knutsford Express increased 15 cents to finish at $10.90 with investors swapping 616 stocks, Mailpac Group rallied 8 cents and ended at $2.16 in switching ownership of 4,342 shares, Main Event rose 70 cents to close at $12.70, with an exchange of 37 stock units. Omni Industries lost 6 cents to close at $1.04 with investors trading 25,956 stocks, Regency Petroleum gained 8 cents and ended at $2.40 after 40,602 units passed through the market, Spur Tree Spices advanced 23 cents to end at $2.15 after an exchange of 23,366 shares and tTech popped 24 cents in closing at $2.94, with just 2 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Depressed trading on JSE USD Market
Trading remained depressed on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining 32 percent after 214 percent more money changed hands than on Friday, resulting from trading in eight securities, up from six on Friday with prices of two rising, two declining and four ending unchanged, with Margaritaville trading at a 52 weeks’ low.
The market closed on Monday with an exchange of 36,773 shares for US$4,077 compared to 54,388 units at US$1,299 on Friday.
Trading averaged 4,597 stock units at US$510 versus 9,065 shares at US$216 on Friday, with the month to date ending with an average of 34,886 shares at US$2,459 compared to 38,205 units at US$2,673 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index gained 0.37 points to cease trading at 226.79.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8.1. The PE ratio is computed based on last traded prices divided by projected earnings computed by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading on Monday, AS Bryden ended at 22.49 US cents with traders dealing in 1,045 shares, First Rock Real Estate USD share remained at 4.03 US cents after an exchange of 12,191 stock units, Margaritaville dipped 0.1 of a cent to close trading at a 52 weeks’ low of 7.9 US cents with an exchange of 1,629 shares. 
MPC Caribbean Clean Energy fell 1 cent to 69 US cents after 298 stocks changed hands, Proven Investments ended at 12 US cents, with 150 shares crossing the market, Sterling Investments rose 0.06 of a cent to end at 1.83 US cents with investors trading 706 stock units and Transjamaican Highway rallied 0.03 of a cent to 2.03 US cents with investors dealing in 19,424 stocks.
In the preference segment, JMMB Group 5.75% ended at US$1.95 in switching ownership of 1,330 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks bounce on Jamaica Stock Exchange
Stocks delivered gains in all three markets of the Jamaica Stock Exchange on Monday, with the Main Market and the Junior Market bouncing while the JSE USD market closed moderately higher as trading ended with the number and the value of stocks changing hands falling, from the previous trading day and resulting in prices of 45 shares rising and 27 declining.
At the close of trading on Monday, the JSE Combined Market Index climbed 2,198.61 points to end at 326,204.04, the All Jamaican Composite Index rallied 1,831.79 points to 353,752.39, the JSE Main Index climbed 2,072.37 points to close at 313,590.04. The Junior Market Index bounced 30.31 points to end trading at 3,671.06 and the JSE USD Market Index rose 0.37 points to close at 226.79.
At the close of trading, 22,027,669 shares were exchanged in all three markets, down from 113,926,431 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $34.8 million, well below the $287.27 million on the previous trading day and the JSE USD market closed with an exchange of 36,773 shares for US$4,077 compared to 54,388 units at US$1,299 on Friday.
In Main Market activity, Palace Amusement led trading with 11.51 million shares followed by Sagicor Select Financial Fund with 2.05 million stocks and Transjamaican Highway with 1.43 million units.
In Junior Market trading, EduFocal led trading with 2.03 million shares followed by Dolla Financial with 957,337 stock units and JFP Ltd with 256,593 shares.
In the preference segment, Jamaica Public Service 7% increased 92 cents to $47.34.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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.
ICTOP10 reshuffle with one new stock
The Main Market of the Jamaica Stock Exchange slipped 2.3 percent in value in the past week while the Junior Market lost 2.2 percent, primarily due to declines in prices of Cargo Handlers, Caribbean Cream, Express Catering and Indies Pharma. The Main Market was hit with a 13 percent drop in the value of NCB Financial Group shares.
With the decline in the price of NCB Financial, the stock is so close to the TOP10 and is now peeping in but could be a struggle before moving sustainably upwards. The demand for the stock is weak currently and the price could be trading in the $40 region. Technical reading suggests a $45 price is not far-fetched before in finding a bottom.
At the end of the week, Dolla Financial rose 12 percent to $2.80 followed by Access Financial closing at $21.96 after gaining 10 percent and tTech up 8 percent to $2.70.
Caribbean Cream and Consolidated Bakeries lost 11 percent each to close at $3.35 and $2.00 respectively and AMG Packaging declined by 5 percent to $3.02. In the Main Market, Berger Paints rose 7 percent to $8.40 to be the leading mover followed by 138 Student Living up 6 percent to $4.09. There are no major declining stocks in the ICTOP10.
Guardian Holdings moved up on the JSE TOP10 listing, with earnings per share revised from $71 to $92 helped by a fall in the price at the close of the week. Price gain for Access Financial resulted in it moving from the 5th spot last week out of the list this week and Caribbean Assurance Brokers moved into the listing, following price slippage during the week.
Lasco Financial Services returns to the Junior Market TOP10, replacing Dolla Financial rising appreciably during the week. The Main Market had no changes.
The average PE for the JSE Main Market ICTOP 10 stands at 4.9, well below the market average of 13.9 and the Junior Market TOP10 sits at 6.9, just over half of the market, with an average of 12.5.
The Main Market ICTOP10 is projected to gain an average of 319 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 211 percent over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market are priced at a PE of 15 to 92, with an average of 29 and 19 excluding the highest PE ratios, and a PE of 23 for the top half and 16 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 10 stocks, or 21 percent of the market, with PEs ranging from 15 to 20, averaging 18, well above the market’s average. The average PE for the top half of the market is 17, possibly the lowest fair value measure for stocks currently.
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.
Trading dives on Main Market
Trading values plunged on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded moderately more with the value diving 86 percent lower than on Thursday, following trading in 53 securities compared with 57 on Thursday, with prices of 22 stocks rising, with only 12 declining and 19 ending firm.
Massy Holdings and NCB Financial sank to close at 52 weeks’ lows.
The market closed with an exchange of 7,561,920 shares for $37,357,214 compared with 7,104,872 units at $275,255,774 on Thursday.
Trading averaged 142,678 shares at $704,853 compared to 124,647 stock units for $4,829,049 on Thursday and month to date, an average of 821,037 units at $7,965,321 down from 871,110 units at $8,501,261 on the prior day and June with an average of 246,425 units at $1,945,941.
Transjamaican Highway led trading with 3.24 million shares for 42.9 percent of total volume followed by Wigton Windfarm with 1.70 million units for 22.5 percent of the day’s trade and Sagicor Select Financial Fund with 1.0 million units for 13.2 percent of the day’s trade.
The All Jamaican Composite Index dropped 943.02 points to end the day at 351,920.60, the JSE Main Index shed 1,235.69 points to conclude trading at 311,517.67 and the JSE Financial Index slipped 0.08 points to cease trading at 65.57.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden gained 73 cents in closing at $36.75 in switching ownership of 103 stocks, Caribbean Producers shed 30 cents to $9.90 with investors dealing in 11,306 units, General Accident rose 30 cents to close at $6.30 after an exchange of 1,000 shares. GraceKennedy rallied $1 and ended at $73, with 1,324 stock units changing hands, Jamaica Broilers increased 64 cents to finish at $34 in an exchange of 19,217 shares, Jamaica Stock Exchange climbed 93 cents to end at $11.07 with 1,678 stocks clearing the market. JMMB Group popped $1.30 to $23.30 as investors exchanged 60,112 units, Massy Holdings lost $1.95 to close at a 52 weeks’ low of $78.05 after 158 stock units passed through the market,
NCB Financial sank $3.90 and ended at a 52 weeks’ low of $51 with investors trading 81,951 shares. Pan Jamaica advanced $1.01 in closing at $49 with an exchange of 78 units, Sagicor Group popped 37 cents to finish at $40.38 after trading in 38,918 stocks, Scotia Group dropped $2.13 to end at $43.07, with 179,695 stock units crossing the exchange. Seprod climbed 50 cents in closing at $78.50 after a transfer of 5,036 shares and Wisynco Group sank $1.12 to $19.88 with investors swapping 95,466 stocks.
In the preference segment, Jamaica Public Service 7% rose $4.42 to end at $46.42 with a transfer of 2 units. 138 Student Living preference share advanced 74 cents to finish at $128.10, with 100 stock units crossing the market and Sygnus Credit Investments C10.5% increased $5 and ended at $107 with traders dealing in 550 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
