Transjamaican Highway topped trading on the US Dollar Market of the Jamaica Stock Exchange on Tuesday, with 111.5 million shares, pushing the volume of stocks traded in the market up by 3,579 percent with a 1,814 percent more value than on Monday, resulting from an exchange of nine securities, compared with 11 on Monday, with prices of two rising, four declining and three ending unchanged.
The market closed with an exchange of 111,613,440 shares for US$6,726,739, up from 3,033,688 stock units at US$351,530 on Monday.
Trading ended with an average of 12,401,493 shares at US$747,415, up dramatically from just 275,790 stock units at US$31,957 on Monday. Trading for the month to date averages 1,312,727 units at US$81,712 compared with 80,642 stock units at US$7,744 on the preceding day and an average of 120,090 units for US$9,981.in September.
The US Denominated Equities Index popped 3.67 points to close at 278.56. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and four with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 17.5. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for the financial year ending around August 2027.
At the close of the market, AS Bryden remained at 16.85 US cents with trading of 3 units, Productive Business Solutions climbed 10.84 cents to finish at 83.09 US cents with 10 stocks changing hands, Proven Investments lost 0.3 of one cent and ended at 5.7 US cents after it closed with an exchange of 60,357 shares. Quantas Advantage shed 1.49 cents to close at 13.51 US cents after trading of 3,889 stock units, Sterling Investments rose 0.04 of a cent to end at 2.24 US cents with trading of 552 shares, Sygnus Credit Investments shed 0.01 of one cent in closing at 6.57 US cents in trading 300 stock units and Transjamaican Highway skidded by 0.1 of a cent to close at 6 US cents with investors swapping 111,547,585 units.
In the preference segment, AS Bryden 6% ended at US$1 with a transfer of 6 stock units and Sygnus Credit Investments 8% remained at US$10 as investors exchanged 738 shares.
Prices of securities trading are those for the last transaction.
The market closed with trading of 1,700,662 shares for $3,195,077, compared with 4,656,367 units at $8,404,674 on Monday.
ICInsider.com computes the PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Future Energy fell 12 cents and ended at $3.56 after trading of 55,502 stock units. Iron Rock Insurance rallied 40 cents to close at a 52eks high of $4.20 with an exchange of 10,000 shares, ISP Finance gained 87 cents in closing at $8.87 with investors trading just 1 stock unit, Jamaican Teas slipped 5 cents to end at $2.10 with an exchange of 5,020 stock units. Jetcon Corporation popped 5 cents in closing at 52 weeks high of $4.90 after 124,349 units passed through the market, Knutsford Express fell 64 cents and ended at $7.86 with a transfer of 62 shares, Mailpac Group increased 20 cents to close at $2.30 after an exchange of 7,024 units. Main Event slipped 48 cents to finish at $3.31 in trading 2,933 stocks, One Great Studio climbed 5 cents to end at 55 cents and closed with an exchange of 98,663 stock units, Regency Petroleum lost 10 cents in closing at $4.15 with trading of 8,128 shares. Spur Tree Spices dropped 9 cents to close at $1.35, with 17,849 units crossing the market and Stationery and Office Supplies declined by 14 cents and ended at $1.46 with investors swapping 15,330 stocks.
At the end of the market activity, the JSE Combined Market Index skidded by 3,750.44 points to end at 387,667.87, the All Jamaican Composite Index shed 6,139.28 points to end at 457,512.60, the JSE Main Index fell by 3,976.27 points to finish at 382,368.97, the Junior Market Index rallied 7.17 points to close trading at 3,074.76 and the JSE USD Market Index climbed 3.67 points to 278.56.
Among the top losers, Scotia Group slipped $2 and ended at $70.00, Guardian Holdings fell $2 to end at $375.00, Seprod skidded by $1.98 after it closed at $78.02, Jamaica Producers lost $1.10 to finish at $19.90 and Caribbean Cement dipped by 95 cents to close at $113.00.
Caribbean Assurance Brokers is second in the ICTOP10, with the potential to increase 471 percent, followed by Express Catering at 279 percent after rising more than 16 percent this past week. All ten stocks in the forecast are projected to gain at least 140 percent.
ICInsider.com’s forecast Kintyre Holdings as the dominant stock with projections, of 1,076 per cent over the next twelve months, on the assumption that trading in the stock will resume. That is more than double the projection for the second-placed stock, and reflects the stock’s extremely low price. Caribbean Assurance Brokers follows with potential gains of 471 percent, with Express Catering at 279 percent and could be better with the company now charging interest on its intercompany loan that will raise profits above forecast. Caribbean Cream is in at 220 percent and R.A. Williams Distributors at 197 percent. Interestingly, this stock was listed at a $1 in 2024 and was oversubscribed but profits for the 2026 first quarter is more than 50 percent of the 2024 profits. MFS Capital Partners sits with potential of 190 percent, K.L.E. Group at 170 percent, Main Event Group at 165 percent, Omni Industries at 153 percent and Fontana 143 percent.
Caribbean Cream and Express Catering both posted weekly gains and are also forecast to be among the best performers, so the recent momentum is consistent with the outlook. By contrast, Caribbean Assurance Brokers, R.A. Williams and Main Event appear among this week’s biggest losers, each is projected to gain between 165 percent and 471 percent.
The market closed with 9,077,498 shares trading for $171,397,249 compared with 12,119,774 stock units at $114,939,495 on Friday.
The Main Market ended trading with an average PE Ratio of 16. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Pan Jamaica rallied $1.75 in closing at $45.95 in an exchange of 33,998 shares. Quantas Advantage dropped $2.10 and ended at $21.90, with 11,592 shares changing hands, Salada Foods advanced 43 cents in closing at $3.30 as investors exchanged 10,987 units, Scotia Group rose 45 cents to close at $72 with a transfer of 6,887 stock units. Supreme Ventures lost $1.20 to finish at $18.75, with 93,756 shares crossing the market and Sygnus Real Estate Finance skidded 40 cents and ended at $7.50 after trading of 3,849 units.
The market closed with an average of 275,790 shares for US$31,957, up from 46,526 stocks at just US$3,022 on Friday. Trading month to date, averages 80,642 units at US$7,744 compared with 49,976 stock units at US$3,940 on the preceding day and an average of 120,090 shares for US$9,981.for September.
The market closed with trading of 4,656,367 shares for $8,404,674, down sharply for 45,061,140 units at $77,107,032 on Friday.
ICInsider.com computes the PE ratios, that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Lumber Depot rallied 19 cents to finish at $2.47 with investors trading 3,633 stocks. Mailpac Group skidded by 22 cents to end at $2.10, after 25,360 shares passed through the market, Main Event gained 39 cents in closing at $3.79 in trading 767 stock units, ONE on ONE Educational rose 5 cents to close at 77 cents, with 57,223 units changing hands. Paramount Trading climbed 11 cents in closing at 99 cents, with 85,355 stocks crossing the exchange, RA Williams increased 8 cents to finish at 72 cents after trading of 347,717 units and Regency Petroleum rose 20 cents and ended at $4.25 after trading of 47,109 shares.
At the end of the market activity, the JSE Combined Market Index rose by a mere 3.64 points to end at 391,418.31, the All Jamaican Composite Index gained 925.60 points to end at 463,651.88, the JSE Main Index popped 312.21 points to end at 386,345.24, the Junior Market Index fell 41.09 points to settle at 3,067.59 and the JSE USD Market Index fell 4.90 points to 274.89.
In the Junior Market, Access Financial gained $1.03 to finish at $20.98, Dolphin Cove rallied by 65 cents and ended at $9.36, Main Event climbed 39 cents to $3.79, as Regency Petroleum rose 20 cents to close at $4.25 and Lumber Depot popped 19 cents to $2.47. Among the top losers, Honey Bun skidded 61 cents to finish at $7.00, Mailpac Group dropped 22 cents and ended at $2.10, Dolla Financial lost 17 cents in closing at $3.69, Cargo Handlers dropped 12 cents to close at $15.70, Blue Power declined by 9 cents to finish at $3.20 and Elite Diagnostic fell 9 cents and ended at $1.76.
The market closed with trading of 45,061,140 shares for $77,107,032, after increasing from only 5,462,459 units at $8,266,954 on Thursday.
At the close of trading, Access Financial gained $2.29 to close at $19.95 with 510 units crossing the market, Atlantic Hardware shed 5 cents to close at $1.52 after an exchange of 474,050 stocks, Blue Power popped 6 cents to finish at $3.29 with investors trading 3,204 shares. Cargo Handlers climbed by 10 cents to $15.82 in switching ownership of 6,347 stock units, Derrimon Trading dropped by 6 cents to 82 cents with trading of 49,894 shares, Dolla Financial rose 8 cents to end at $3.86 with 347,900 stocks crossing the market. Dolphin Cove fell $1.41 in closing at $8.71 with investors dealing in 35,357 units, Elite Diagnostic advanced 7 cents to $1.85 after trading of 41,595,419 stock units, Express Catering dipped 10 cents to $2.90 with an exchange of 6,534 shares. Fontana rallied 8 cents to finish at $6.18 with 10,324 stocks changing hands, Fosrich lost 13 cents to end at $1.45 in an exchange of 14,665 units, GWest Corporation skidded 9 cents to close at 61 cents with 6,073 stock units clearing the market. Honey Bun declined 5 cents to $7.61 with a transfer of 350 shares, Image Plus slipped 7 cents and ended at $1.80 with 464,018 shares changing hands, Indies Pharma fell 5 cents and ended at $2.64 with investors swapping 256,157 stocks.
Jamaican Teas increased 15 cents to close at $2.15 with 6,932 units passing through the exchange, Jetcon Corporation climbed by 15 cents to end at $4.80 after a transfer of 76,286 stocks, Knutsford Express rose 66 cents to $8.44 in trading of 4,711 units. Lumber Depot dipped 21 cents to $2.28 after an exchange of 108,931 shares, while Main Event lost 39 cents to end at $3.40 with a transfer of 1,031 stocks, ONE on ONE Educational skidded 8 cents in closing at 72 cents as investors exchanged 314,052 shares and Regency Petroleum dropped 8 cents to $4.05 with 15,823 stocks passing through the market.
The market closed with an exchange of 511,787 shares for US$33,241 after rising from 345,233 stock units at US$22,598 on Thursday.