Profit surges 159% at Paramount Trading

May 18, 2026 by
Profit for the third quarter ending February, this year jumped 159 percent to $24 million from $9.3 million at Paramount Trading, from a 5.7 percent rise in revenues for the quarter to $433 million from $409 million. Net profit jumped a solid 380 percent to $110 million from a loss of $39 million for the nine months period, from a mere 5.5 percent rise in revenues to $1.26 billion compared with $1.2 billion for the same period in the previous year.

Gross profit margin increased to 43 percent in the third quarter from 37.87 percent in the corresponding period in 2025 and for the year to date, rose to 43.85 percent from 35.15 percent in 2025, resulting in gross profit climbing 20.4 percent to $187 million in the February 2026 quarter from $155 million in 2025 and for the year to date it rose sharply by 31.7 percent to $554 million from $421 million, growing sharply to $32 million after tax compared to just $9.3 million in the third quarter of 2025.
Administrative, selling and distribution expenses rose 8.5 percent to $137 million in the third quarter from $126 million in the 2025 period and increased a mere 2 percent to $384 million in the nine months, from $378 million, as selling and Distribution expenses declined 58 percent to $7.2 million in the nine months ended February, from $17 million in 2025. Finance cost declined in the quarter to $20 million from $23 million in the same quarter in the prior year and from $66 million to $64 million for the nine months.
The operations generated Gross cash flow of $137 million, after working capital consumed $59 million and ended cash funds of $85 million at the end of the period and investments of $96 million.
Current assets ended the period at $1.45 billion inclusive of receivables of $516 million, cash and bank balances of $86 million. Current liabilities ended the period at $563 million and Net current assets of $887 million.

Shareholders’ equity close the third quarter amounts with $1.14 billion with long term borrowings amounting to $469 million and short-term borrowings of $84 million.
Earnings per share for the quarter was 1.6 cents and 7.2 for the nine months. IC Insider.com projects earnings of 10 cents per share for the current 2026 fiscal year, giving it a PE of 10.8 times based on the last traded price of $1.08 on the Jamaica Stock Exchange Junior Market. With the market average of 14, the stocks is undervalued. The big question, can the company keep on building on this platform? Recent history, leaves that as the real big question.
The company paid a dividend of 2.6 cents per ordinary share in December 2025.

Filed Under: Company News, Company Results, Dividends Tagged With: , , , , , ,

Profit triples at Berger Paints

May 16, 2026 by
Berger Paints, Jamaica’s major paint manufacturer concluded their 2026 annual general meeting this past Friday, with a new chairman at the helm. Management informed shareholders of the demolition of fourth quarter profits due to the damage caused by Hurricane Melissa. According the General Manager Dwaine Williams the company was on target to deliver one of the best results with the hurricane snatching it away.

Berger Paints directors at the recently held AGM right to left are the chairman Ian Mitchell, Dwaine Williams General Manager, former chairman, Christian Llanos, Chamika Cuffy, Financial Controller, Michael Fennel , OJ, Nicholas Maclean. In attendance but not at the head table are Milton Samuda and Jacqueline Sharp.

He went on to point out that the improved 2025 first quarter results, suggesting that the new-year is on track for a surge in profits. According to Williams, the first quarter has some demand as a result of the rebuilding out west, but suggests that increased demand is expected as the rebuilding matures. The rebuilding is seeing demand for steel, cement and other construction materials, but after that, paints will be demanded he stated.

The directors in reporting on the first quarter performance stated,” demand strengthened progressively through the quarter as rebuilding activity accelerated. The Company met that demand with high service levels and dependable supply.”
The new year has started well for the company with a 180 percent jump in the March quarter, at Berger Paints to $31 million, from just $11 million after corporate taxes in first quarter 2025. Profit before tax came in at $38 million, up 123 percent from $17 million in the prior year. The profit was partially fueled by a sharp jump in other income to $24 million, from a gain of just $7 million, in 2025, partially reflecting a $20 million swing from a foreign exchange loss of $13 million in 2025 to a gain of $7 million in the current period. Taxation rose 19 percent to $7 million form $6 million in 2025.
The 2026 outcome on the surface appears impressive, but falls well short of the profit of $48 million in 2024. For the first quarter this year, revenues climbed 16 percent to $890 million, from $769 million in first quarter of 2025, just slightly less than the solid 20 percent growth in the third quarter last year over the 2024 gross inflows.

Shareholders in attendance at Berger Paints 2026 Annual General Meeting held on Friday, May 15 at the Courtyard- Marriott Hotel

At the nine-month stage in 2025, net profit amounted to $18 million on revenues of $2.4 billion, compared to $9 million on revenues of $2.3 billion in the same period of 2024. Hurricane Melissa struck Jamaica at the end of October last year, the start of peak painting season, which traditionally accounts for around 90 percent of Berger’s annual profits, suggesting profit in the region of $200 million for the full year, but for the devastating effect on the fourth quarter performance.

Raw materials cost climbed 11 percent to $423 million for the quarter from: $381 million in 2025. Gross margin before manufacturing costs, climbed to 54 percent from 50 percent, in the 2025 first quarter and reflects gains from ongoing capita investments. in this regard the company stated that they plan to spend $100 million in the current year on capital expenediture.. Manufacturing expenses increased by 31 percent to $17 million from $13 million in 2025. Employee expense rose 11 percent to $185 million from $166 million in 2025. Other operating expenses rose 31 percent to $226 million from $172 million in the prior year. Depreciation amounted to $26 million, up 7 percent from $24 million.

First quarter2026 earnings per share came in at 14 cents, up from 5 cents in 2025 first quarter. IC Insider.com projects the full year’s earnings at $1.35 on the assumption there will no major disruption to business during the year. The stock closed at $5.35 on May 15, 2026, with a P/E ratio of just 4, based on the current years projected earnings and 214.3 million shares outstanding. Net asset value per share is $5.13, just below the last traded stock price.

The operations generated was $63 million in Cash flow during the quarter with movements in working capital resulting in a net outflow of $69 million and ending with cash on hand amounting to $200 million and reflecting an improvement over $165 million at the end of March 2025.
Inventories grew 29 percent to $920 million, but was lower than the position at the end of the 2025 at $1.23 billion. Receivables declined 17 percent to $741 million from $891 million at the end of March 2025. Current liabilities ended the period at $1.25 billion slightly up on the $1.19 billion at the end of March 2025.
Shareholders’ equity stood at $1.10 billion up from $1.18 billion year ago.

Filed Under: Company News, Company Results, Feature Stories Tagged With: , , , , , , ,

General Accident jumps to $8 on Friday

May 15, 2026 by
General Accident jumped to a new yearly high of $8, on Friday, with investors grabbing all the shares available at the that price following the release of solid first quarter results, with profit jumping 61 percent over 2025.Trading ended on the Jamaica Stock Exchange Main Market, with the volume of stocks traded declining 24 percent and the value 52 percent lower than at the close on Thursday, following trading in 58 securities compared with 61 on Thursday, with prices of 23 rising, 21 declining and 14 ending unchanged.

The market closed with 11,151,447 shares changing hands valued at $92,004,030, following the trading of 14,630,398 stock units valued at $191,383,130 on Thursday. Trading resulted in an average of 192,266 shares at $1,586,276 well below 239,843 stock units at $3,137,428 on Thursday. Month to date, trading ended with an average of 211,570 units at $2,278,262 after slipping from 213,478 shares at $2,346,635 on the previous day and April with an average of 342,509 stock units at $2,726,829.
Transjamaican Highway led trading with 4.66 million shares for 41.8 percent of total volume, with the stock hitting a record high of $7.19, followed by Sagicor Select Financial Fund which ended with 2.0 million stocks for 17.9 percent of the day’s trade and General Accident with 1.34 million units for 12 percent of the day’s trade.
The All Jamaican Composite Index increased 195.23 points to 411,209.61, the JSE Main Index gained 692.11 points to close at 349,662.58 and the JSE Financial Index slipped 0.19 points to 65.50. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 18.3. 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.
At the close of the market on Friday, Berger Paints rallied $1.40 in closing at $5.45 after an exchange of a mere 404 shares, following release of robust first quarter results. General Accident popped $1.55 to end at a 52 weeks high of $7.99 in trading 1,336,830 stock units, and comes following the release of first quarter results with net profits jumping a solid 61 percent over 2025, even before savings and gains that are likely to flow from the proposed acquisition of the Beacon Insurance company in Trinidad. GraceKennedy advanced 99 cents and ended at $71.50 after a transfer of 21,851 shares. Jamaica Producers rose $1.97 to finish at $24.99 with traders dealing in 293 stocks, Jamaica Stock Exchange declined 41 cents to end at $11.55, following the switching ownership of 6,145 units, JMMB Group climbed 50 cents to close at $15.80, with 95,463 shares clearing the market. Kingston Wharves fell 71 cents to $36.77 with an exchange of 439 stocks, Massy Holdings increased $1.50 in closing at $73 following trading of 976 units, Pan Jamaica gained $1.75 to end at $48.75 in an exchange of 3,190 stock units. Seprod dropped $1.76 to close at $81.24, with 2,999 shares changing hands, Sygnus Credit Investments rose 72 cents and ended at $10.90, after 116,613 units passed through the market and Sygnus Real Estate Finance sank $1 to finish at $9.50 in an exchange of 22,200 stocks.
In the preference segment, Eppley 7.75% preference share advanced 49 cents to $19.99, with a mere 3 stock units crossing the market and Sygnus Credit Investments C10.5% popped $6 to finish at $109 as investors exchanged 20 shares.
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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Kintyre Holdings trades 105m shares

May 15, 2026 by
Trading activity closed on the Junior Market of the Jamaica Stock Exchange Friday, with 204 percent jump in the volume of stocks traded following a 100 million trade in Kintyre Holdings, a but that lead to 56 percent decline in value compared with Thursday, resulting from trading in 40 securities, compared with 42 on Thursday and ending, with prices of 20 rising, 11 declining and nine closing unchanged and leading the market to rally at the close.

The market closed with trading of 109,906,939 shares with a value of $31,108,989, compared with 36,115,577 stocks value at $71,357,020 on Thursday.
Trading close with an average of 2,747,673 shares at $777,725, compared to 859,895 stock units at $1,698,977 on Thursday with the month to date, ending with an average of 596,709 units at $576,818 compared to 390,382 stock units at $557,546 on the previous day and April, with an average of 504,653 shares at $502,169.
Kintyre Holdings led trading with 105.44 million shares for 95.9 percent of total volume followed by Woodcats International, with only 691,726 units for 0.6 percent of the day’s trade and Express Catering with 620,506 stocks for 0.6 percent of the volume traded.
At the close of trading, the Junior Market Index popped 32.61 points to 3,105.67. The Investor’s Choice bid-offer indicator shows seven 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 13.8. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of the market, Access Financial rose 80 cents to end at $17.77 after an exchange of 523 shares, as stocks on offer declined in numbers as the full year results are pending, buying is currently restrained. AMG Packaging rallied 5 cents to $2.06, with trading in 11,140 stocks, Atlantic Hardware popped 12 cents to $1.70 with investors trading 35,158 stock units. Cargo Handlers advanced $3.17 and ended at $16.99 in switching ownership of a mere 293 shares, Derrimon Trading climbed 22 cents in closing at $1.57 with dealings in 30,761 stock units, Dolla Financial increased 10 cents to end at $2.42 after a transfer of 86,367 shares. Elite Diagnostic gained 16 cents to $1.33 following trading of 5,871 stocks, Everything Fresh rose 7 cents and ended at $2.27 after 816 units passed through the market, Express Catering declined 26 cents to finish at $2.05 with investors swapping 620,506 stock units. Fontana sank 50 cents to end at $6.50 following an exchange of 173,216 shares, Future Energy advanced 16 cents in closing at $3.90 in an exchange of 242,358 units, following the release of solid full year results. Indies Pharma skidded 17 cents to close at $2.65 with 168,991 stock units clearing the market, Jamaican Teas popped 6 cents to $2.33 with investors trading 24,197 stock units, Jetcon Corporation gained 29 cents and ended at $2.89, following trading of 111,678 shares, JFP lost 6 cents to finish at 38 cents following an exchange of 422,168 units. Knutsford Express rallied 30 cents to $8.25 with an exchange of 170 stocks, Medical Disposables increased 10 cents to close at $1.26 after an19,806 stock units were traded, MFS Capital Partners dipped 9 cents to end at 46 cents with investors dealing in 11,541 shares. Omni Industries sank 9 cents in closing at 91 cents in an exchange of 555,533 stock units, ONE on ONE Educational climbed 8 cents to 88 cents after closing with 9 stocks changing hands, Paramount Trading increased 9 cents to finish at $1.08 with a transfer of 100,031 units and Stationery and Office Supplies popped 18 cents and ended at $1.58 after investors exchanged 3,454 shares.
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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Kintyre Holdings top trade in all JSE markets

May 15, 2026 by
Trading closed Friday on the Jamaica Stock Exchange with a rise in the volume of stocks that changed, hands with a lower value than on Thursday, resulting in the major indices of the Main Market, the Junior Market index and the JSE USD Market all rising. At the end of trading the prices of 44 shares rose, 34 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index climbed 896.51 points to 356,619.27, the All Jamaican Composite Index advanced 195.23 points to end at 411,209.61, the JSE Main Index rose 692.11 points to 349,662.58, the Junior Market Index gained 32.61 points to 3,105.67 and the JSE USD Market Index rose 2.47 points to finish at 275.27.
At the close of the market on Friday, a total of 121,491,748 shares that included 105.44 million shares of Kintyre Holdings were exchanged in all three markets, up from 51,641,126 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $123.11 million, down from $262.74 million on the previous day. The JSE USD market closed with an exchange of 433,362 shares for US$20,839 compared to 895,151 units at US$41,146 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 4.66 million shares followed by Sagicor Select Financial Fund with 2.0 million stocks and General Accident with 1.34 million units, following release of their first quarter results showing a 50 percent increase in earnings per share of 22 cents versus 14 cents in 2025.
In Junior Market trading, Kintyre Holdings led with 105.44 million shares followed by Woodcats International with 691,726 stocks and Express Catering with 620,506 units.
In the preference segment, Sygnus Credit Investments C10.5% rose $6 to close at $109.
At the close of trading for the week, the market’s PE ended at 13.7. The PE is computed using projected 2026-27 earnings and 14.5 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the more popular measures used in valuing shares and is calculated by dividing the stock price by the earnings per share. The ICInsider.com PE ratio chart and the detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with 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 around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from 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.

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

Trading drops on JSE Main Market

May 14, 2026 by
Trading declined on the Jamaica Stock Exchange Main Market on Thursday, with a 21 percent decline in the volume of stocks traded with a 58 percent lower value than on Wednesday. Market activity resulted in trading of 61 securities up from 56 on Wednesday, with prices of 22 rising, 21 declining and 18 ending unchanged.

The market closed with 14,434,229 shares trading worth $178,041,670 after decreasing from 18,472,919 stock units valued at $459,836,310 on Wednesday.
Trading averaged 236,627 shares at $2,918,716 down sharply from 329,874 stock units at $8,211,363 on Wednesday and for the month to date, an average of 213,114 units at $2,323,907 just marginally higher than the preceding day with 210,420 shares at $2,254,927, but well below the average of 342,509 stock units at $2,726,829 for April.
Transjamaican Highway led trading with 4.52 million shares for 30.9 percent of total volume followed by Wigton Energy with 2.38 million stocks for 16.3 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 2.35 million stocks for 16.1 percent of the volume traded and Massy Holdings with 1.0 million units for 6.9 percent of market share.
The All Jamaican Composite Index advanced 938.16 points to 411,014.38, the JSE Main Index rallied 994.80 points to 348,970.47 and the JSE Financial Index increased by just 0.91 points to end at 65.69. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading resulting in an average PE Ratio of 17.6. ICInsider.com compiles the JSE Main and USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, Berger Paints shed $1.45 in closing at a 52 weeks low of $4.05, following trading of 8,482 shares, ahead of the company posting solid first quarter results with an increase of 180 percent in net profit, Caribbean Cement declined 95 cents to $102.05 with investors dealing in 14,765 stock units, Carreras popped 49 cents to finish at $22.49 with 524,287 shares crossing the market. Eppley Caribbean Property Fund lost 50 cents and ended at $46 with investors trading 550 units, First Rock Real Estate dipped $1.12 to close at $8.85 with an exchange of 156 stocks, GraceKennedy sank $1.24 to end at $70.51 with 17,221 units clearing the market. Guardian Holdings gained $27.74 in closing at $348.74 with traders dealing in 216 stocks, Kingston Properties dropped 52 cents to $11.98 after exchanging 3,433 shares, Massy Holdings fell $1.25 and ended at $71.50 after traders swapped 1,003,962 stocks. Pan Jamaica rose 50 cents to $47 as investors traded 3,795 shares and Proven Investments climbed $1.43 to $12.54 with 10,365 stocks crossing the market.
In the preference segment, Eppley 7.75% preference share sank 50 cents to end at $19.50 in an exchange of 150 units. Productive Business Solutions 10.5% skidded $5 in closing at $1,130 with 13 stock units passing through the market, Sygnus Credit Investments 10% increased $2.50 to $109 with investors swapping 1,021 shares and Sygnus Credit Investments C10.5% slipped $1 and ended at $103 after an exchange of 824 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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

Derrimon is the leading traded JSE stock

May 14, 2026 by
The Junior Market listed Derrimon Trading was the had the largest trading volume at the close of the Jamaica Stock Exchange on Thursday, resulting in a rise in the volume of stocks changing hands, with a lower value than on Wednesday. At the close of the market, the major indices of the Main Market rose, the Junior Market index dropped to a new multi-year low and the JSE USD Market slipped. At the end of trading prices of 35 shares rose, 45 declined and 28 remained firm.

At the close of the market, the JSE Combined Market Index rallied by 671.50 points to 355,722.76, while All Jamaican Composite Index popped 938.16 points to close at 411,014.38, the JSE Main Index rose 994.80 points to 348,970.47, the Junior Market Index dipped 38.79 points to settle at 3,073.06 and the JSE USD Market Index lost 1.61 points to 272.80.
At the close of trading, 51,641,126 shares were exchanged in all three markets, up from 29,457,762 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $262.74 million, down from $470.4 million on the previous day. The JSE USD market closed with an exchange of 895,151 shares for US$41,146, up from 355,844 units at US$18,142 on Wednesday.
In Main Market activity, Transjamaican Highway led trading with 4.52 million shares followed by Wigton Energy with 2.38 million stocks and Sagicor Select Manufacturing & Distribution Fund with 2.35 million units.
In Junior Market trading, Derrimon Trading led with 19.31 million shares followed by Regency Petroleum with 6.63 million stocks and Atlantic Hardware with 1.95 million units.
In the preference segment, Productive Business Solutions 10.5% fell $5 to $1,130 and Sygnus Credit Investments 10% popped $2.50 to $109.
At the close of trading, the market’s PE ratio ended at 13.5. The PE is computed using projected 2026-27 earnings and 14.6 based on 2025 historical earnings, excluding major one-time income or expenses. The PE ratio is one of the most popular tools used in valuing shares and is calculated by dividing the stock price by the company’s earnings per share. The ICInsider.com PE ratio chart and the detailed daily charts provide investors with regularly updated information to assist in decision-making. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, with 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 around the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotion from 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.

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

Trading picks up on the JSE USD Market

May 14, 2026 by
Trading activity expanded on the US Dollar Market of the Jamaica Stock Exchange on Thursday, with Transjamaican Highway snatching 99 percent of the value of stocks traded. The market closed with 152 percent more shares changing hands with 127 percent more value than on Wednesday, resulting from an exchange of five securities, compared with four on Wednesday, with prices of one rising, two declining and two ending unchanged.

The market closed with an exchange of 895,151 shares for US$41,146 up from 355,844 stock units at US$18,142 on Wednesday. Trading ended with an average of 179,030 shares at US$8,229 compared to 88,961 stocks at US$4,535 on Wednesday, with a month to date average of 248,818 units at US$11,383 after falling from 253,803 stock units at US$11,609 on the preceding day and up from an average of 121,441 units for US$6,732 for April.
The US Denominated Equities Index lost 1.60 points to close trading at 272.79. 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 PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share ended at 2.99 US cents with investors trading 160 shares, Proven Investments climbed 0.01 of one cent to 7 US cents after swapping of 6,487 stocks, Sterling Investments remained at 2 US cents in trading 890 shares. Sygnus Credit Investments declined 0.01 of a cent to end at 5.99 US cents with 33 stocks crossing the market and Transjamaican Highway slipped 0.39 of a cent to 4.24 US cents with investors dealing in 887,581 units.
Prices of stocks traded are those for the last transaction unless otherwise stated.

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

New 5 year low for Junior Market

May 14, 2026 by
The Junior Market of the Jamaica Stock Exchange a new 5 year low, with the market dropping 9.7 percent year to date and falling Investors traded a big chunk of shares in Derrimon Trading valued at $26.5 million, accounting for 37 percent of the total value of trades on Thursday, pushing the volume of stocks traded up by 240 percent, with the value surging 575 percent over Wednesday. Market activity ended with trading in 42 securities, down from 45 on Wednesday and ending, with prices of only 12 advancing, 22 declining and eight closing unchanged.

The market closed with trading of 36,115,577 shares for $71,357,020, after soaring from 10,628,999 units at $10,566,926 on Wednesday.
Trading averaged 859,895 shares at $1,698,977, after surging from 236,200 stock units at $234,821 on Wednesday. Trading for the month to date, averages 390,382 units at $557,546 compared with 337,796 stocks at $429,706 on the previous day and April, with an average of 504,653 shares at $502,169.
Derrimon Trading led the market with 19.31 million shares for 53.5 percent of total volume followed by Regency Petroleum with 6.63 million stocks for 18.4 percent of the day’s trade, Atlantic Hardware closed with 1.95 million stock units for 5.4 percent of the volume traded, Dolla Financial ended with 1.75 million shares for 4.8 percent of the total volume, Omni Industries chipped in with 1.08 million stocks for 3 percent of the overall volume and Woodcats International with 1.06 million units for 2.9 percent of market share.
At the close of trading, the Junior Market Index sank 38.79 points to settle at 3,073.06, a 5 year lowThe Investor’s Choice bid-offer indicator shows eight 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 13.7. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, AMG Packaging dipped by 5 cents to finish at $2.01 with trading of 204,018 stock units, Atlantic Hardware sank by 9 cents and ended at $1.58 with investors swapping 1,945,194 units, Blue Power popped 5 cents to close at $3.90 with 5,284 stock units being traded. Cargo Handlers skidded $2.68 to $13.82 with traders dealing in 4,306 shares, Caribbean Assurance gained 15 cents to end at $1.45 with 1,707 stock units crossing the market, Derrimon Trading sank 25 cents to close at $1.35 with an exchange of 19,310,605 shares. Dolla Financial slipped 13 cents to $2.32 with 1,748,324 stock units clearing the market, Elite Diagnostic fell 21 cents in closing at $1.17 in trading 12,500 stocks, Express Catering climbed 21 cents to finish at $2.31 with 248,172 units crossing the exchange. Fontana rose 50 cents and ended at $7 with a transfer of 415,088 shares, Fosrich dropped 5 cents to end at $1.85 after an exchange of 80,310 units, Image Plus shed 12 cents to close at 75 cents, with 333,099 stocks passing through the market. Indies Pharma advanced 7 cents to $2.82 in an exchange of 29,785 stock units, Iron Rock Insurance lost 41 cents to close at $2.29 with investors dealing in 11,500 shares, Jamaican Teas declined 7 cents in closing at $2.27 in switching ownership of 265 units. Jetcon Corporation fell 61 cents to finish at $2.60 as investors exchanged 797,549 stocks, KLE Group dipped 9 cents and ended at 71 cents after a transfer of 2,000 stock units, Knutsford Express lost $1.05 to end at $7.95 with investors trading 6,400 shares. Lasco Financial gained 5 cents to $1.65 in an exchange of 6,230 stock units, Medical Disposables declined 11 cents to finish at $1.16, following trading of 19,712 units, Omni Industries rallied 10 cents and ended at $1 after an exchange of 1,082,435 stocks. Paramount Trading shed 18 cents to 99 cents after investors swapped 11,049 shares and Spur Tree Spices rose 5 cents to end at $1 with investors trading 92,078 stocks.
Prices of securities trading are those for the last transaction unless otherwise stated.

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

Trading jumped on JSE Junior Market

May 13, 2026 by
Trading activity increased on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded rising 85 percent, with 6 percent more value than on Tuesday. Kintyre Holdings contributing 47 percent of the volume following trading in 45 securities, increasing from 43 on Tuesday and ending, with prices of 14 rising, 20 declining and 11 closing unchanged.

The market closed with trading of 10,628,999 shares for $10,566,926, compared with 5,753,460 units at $9,980,147 on Tuesday.
Trading averaged 236,200 shares at $234,821, following a climb from 133,801 stock units at $232,096 on Tuesday with the month to date, averaging 337,796 units valued at $429,706, in sliding from 351,650 stocks at $456,282 on the previous day with an average of 504,653 shares at $502,169 for April.
Kintyre Holdings led trading with 4.94 million shares for 46.5 percent of total volume followed by Omni Industries with 1.15 million units for 10.8 percent of the day’s trade and Derrimon Trading with 730,895 stocks for 6.9 percent of the volume traded.
At the close of trading, the Junior Market Index dropped 23.55 points to end at 6 year low of 3,111.85. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and nine with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.1. ICInsider.com compiles the PE ratios, which are derived by dividing the last traded price of a stock by the earnings per share for companies with their fiscal year ending around August 2026.
At the close of trading, AMG Packaging popped 6 cents to finish at $2.06 with 18,151 shares changing hands, Atlantic Hardware gained 6 cents and ended at $1.67 in an exchange of 234,807 units, Blue Power slipped 5 cents to $3.85 with 21,066 shares crossing the market. Cargo Handlers fell $2 to $16.50 with an exchange of 2,048 stocks, Caribbean Assurance Brokers lost 15 cents in closing at $1.30 after a transfer of 96,001 stocks, Caribbean Flavours fell 15 cents to close at $1.19 following trading in 303,116 shares. Consolidated Bakeries sank 28 cents to $1.31 after an exchange of 448 stock units, Derrimon Trading shed 5 cents to $1.60 with 730,895 units clearing the market, Dolphin Cove rose 23 cents in closing at $10.43 with traders dealing in 12,220 stocks. Everything Fresh sank 9 cents to $2.20 in switching ownership of 35,773 shares, Express Catering dropped 14 cents to end at $2.10 with 455,579 stock units crossing the market, Fontana declined 35 cents to finish at $6.50 with a transfer of 36,375 units after the company declared a 25 cents dividend to be paid in June. Future Energy rallied 27 cents to $3.74 after an exchange of 333,128 stocks, Honey Bun increased 69 cents to finish at $6.20 with 34,220 shares passing through the market, Jamaican Teas climbed 8 cents and ended at $2.34 with 2,129 units crossing the exchange. Jetcon Corporation advanced 56 cents to a 52 weeks closing high of $3.21, folliwng trading in 578,527 stocks, KLE Group shed 14 cents to 80 cents with an exchange of 260 stock units, Knutsford Express rose 99 cents to close at $9 with investors trading 6,538 shares. Lasco Financial sank 5 cents to $1.60 with investors swapping 74,690 stocks, Limners and Bards dipped 8 cents to 72 cents with investors dealing in 38,435 units, Mailpac Group sank 7 cents in closing at $2.34 in an exchange of 13,313 stock units. MFS Capital Partners gained 10 cents to finish at 56 cents with investors swapping 4,478 shares and Stationery and Office Supplies declined 14 cents to $1.40 in trading 400,412 units.

Prices of stocks traded are those for the last transaction, unless otherwise stated.

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