Stocks mostly rose on the Junior Market of the Jamaica Stock Exchange on Friday, after trading in 45 securities compared with 40 on Thursday and ending with prices of 24 rising, 9 declining and 12 closing unchanged following a 37 percent rise in the volume of stocks traded, with 38 percent greater value than Thursday.
At the close of trading, the Junior Market Index rallied 20.64 points to end the day at 3,781.35.
Trading ended with 4,711,419 shares for $11,198,936 up from 3,441,451 units at $8,137,990 on Thursday.
Trading averaged 104,698 shares at $248,865, up from 86,036 units at $203,450 on Thursday with the month to date, averaging 189,955 units at $422,648 but slightly down from 194,892 stock units at $432,712 on the previous day and March ending with an average of 221,659 units at $464,382.
Fosrich led trading with 859,227 shares for 18.2 percent of total volume followed by ONE on ONE Educational with 662,171 units for 14.1 percent of the day’s trade and Spur Tree Spices with 534,967 units for 11.4 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.9, 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 none ended with a bid higher than the last selling price and three with lower offers.
At the close, Access Financial gained $1.11 to end at $21.11, after just two stocks passed through the market, Cargo Handlers dipped 10 cents in closing at $13.20 with traders dealing in 596 units, Caribbean Assurance Brokers rose 6 cents to close at $2.26 with 1,975 shares clearing the market. Caribbean Flavours advanced 12 cents to end at $1.70 with investors swapping a mere 6 stock units, Dolphin Cove popped 97 cents to finish at $19.97 with an exchange of just 785 shares, EduFocal rallied 7 cents and ended at 89 cents, with 21 stocks crossing the market. 
Fontana increased 10 cents to $8.93 in an exchange of 70,158 units, Fosrich climbed 9 cents in closing at $2.20 with investors dealing in 859,227 stock units, Honey Bun popped 37 cents to finish at $7.80 in an exchange of 15,561 shares. Jamaican Teas lost 5 cents and ended at $2.40 with investors trading 320,994 stock units, KLE Group increased 20 cents to close at $2.17 after an exchange of 12 stocks, Lasco Financial slipped 33 cents to end at $1.52 with 111,286 units passing through the market. Lumber Depot climbed 20 cents to $2.70 after a transfer of 219,745 shares, ONE on ONE Educational rose 5 cents to finish at 90 cents as investors exchanged 662,171 units and Tropical Battery rallied 14 cents and ended at $2.29 and closed with an exchange of 118,056 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in Transjamaican Highway jumps
The Jamaica Stock Exchange traded in a very narrow band on Friday with little movements in the various market indices as trading picked up considerably over the miniscule levels on Thursday and ended with the number and the value of stocks changing hands jumping sharply over the previous trading day, as Transjamaican Highway was the leading stock for the day in volume and value, with market activity resulting in the prices of 47 shares rising and only 19 declining.
At the close of trading, the JSE Combined Market Index slipped 2.26 points to close at 332,586.08, the All Jamaican Composite Index shed 592.66 points to conclude trading at 355,522.73, the JSE Main Index slipped 152.35 points to settle at 319,451.54, but the Junior Market Index advanced 20.64 points to end at 3,781.35 and the JSE USD Market Index popped 0.34 points to end the day at 237.88.
At the close of trading, 54,180,896 shares were exchanged in all three markets, up from sharply 18,221,035 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $175 million, well over the $39.79 million on the previous trading day and the JSE USD market closed with an exchange of 147,586 shares for US$21,362 compared to 257,793 units at US$17,324 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 36.12 million shares followed by Sagicor Select Financial Fund with 4.29 million units, Wigton Windfarm chipped in with 2.72 million shares and Sagicor Select Manufacturing & Distribution Fund with 2.31 million stock units.
While in Junior Market trading, Fosrich led trading with 859,227 shares followed by ONE on ONE Educational with 662,171 units and Spur Tree Spices with 534,967 stocks.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.8on 2023-24 earnings and 13.4. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Few Junior Market winners
Winning stocks were hard to come by as trading closed on the Junior Market of the Jamaica Stock Exchange on Thursday, with trading in 40 securities down from 41 on Wednesday and ending with prices of just seven rising, 21 declining and 12 closing unchanged following a moderate rise in the volume and value of stocks that were exchanged on Wednesday.
The market closed with trading of 3,441,451 shares for $8,137,990 up from 3,333,072 units at $7,971,094 on Wednesday.
Trading averaged 86,036 shares at $203,450 compared to 81,294 units at $194,417 on Wednesday, with a month to date average of 194,892 units at $432,712 down from 200,800 stocks at $445,155 on the previous day and March with an average of 221,659 units at $464,382.
Dolla Financial led trading with 1.09 million shares for 31.7 percent of total volume followed by Spur Tree Spices with 789,268 stock units for 22.9 percent of the day’s trade and Fosrich with 589,091 units for 17.1 percent market share.
At the close of trading, the Junior Market Index increased 4.51 points to settle at 3,760.71.
The Junior Market ended trading with an average PE Ratio of 12.3, 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 two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, CAC 2000 added 26 cents to finish at $4.50 after 112 shares were traded, Cargo Handlers dropped by 53 cents to $13.30 with investors trading 1,850 stocks, Caribbean Assurance Brokers fell 6 cents to close at $2.20 after investors ended the trading of 307 stock units. Caribbean Flavours fell 12 cents and ended at $1.58 with a transfer of 101 stocks, Dolla Financial rose 5 cents in closing at $2.75 after trading of 1,091,837 shares, Dolphin Cove rallied 40 cents to end at $19 after 83 stocks passed through the market. EduFocal shed 7 cents in closing at a 52 weeks’ low of 82 cents with investors dealing in 278,667 units, Fontana lost 13 cents to end at $8.83 after an exchange of 5,233 stock units, Jetcon Corporation skidded 10 cents to close at 85 cents with just 52 shares crossing the market. 
JFP Ltd sank 5 cents to end at $1.20 with investors trading 28,944 stocks, KLE Group increased 7 cents and ended at $1.97 with an exchange of 400 units, Limners and Bards climbed 33 cents to finish at $1.54 with 30,344 stocks passing through the market. Lumber Depot slipped 5 cents to $2.50 and closed with an exchange of 4,771 shares, Main Event popped 79 cents in closing at $13.80 with traders dealing in 531 stock units, MFS Capital Partners dipped 10 cents and ended at $1.37 in switching ownership of 723 stocks. Paramount Trading sank 22 cents to finish at $1.27 with investors swapping 65,415 units, Spur Tree Spices skidded 5 cents to end at $2.45 in an exchange of 789,268 stocks and Tropical Battery lost 15 cents to close at $2.15 in trading 64,958 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market jumps Junior market limps higher
The Main Market of the Jamaica Stock Exchange climbed at the end of trading on Thursday as the Junior Market inched higher and JSE USD market closed lower as trading ended with the number of stocks changing hands rising, with the value dropping sharply from the previous trading day, resulting in prices of 21 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed by 2,382.17 points to 332,588.34, the All Jamaican Composite Index rallied 3,179.32 points to end at 356,115.39, the JSE Main Index jumped 2,452.20 points to end at 319,603.89. The Junior Market Index rose 4.51 points to settle at 3,760.71 and the JSE USD Market Index fell 3.34 points to cease trading at 237.54.
At the close of trading, 18,221,035 shares were exchanged in all three markets, up from 16,963,120 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $39.79 million, which below the $53.75, million on the previous trading day and the JSE USD market closed with an exchange of 257,793 shares for US$17,324 compared to 363,343 units at US$23,058 on Wednesday.
In Main Market activity, JMMB 9.5% preference share led trading with 9.03 million shares followed by Sagicor Select Financial Fund with 2.27 million stock units and Wigton Windfarm with 1.48 million units.
While in Junior Market trading, Dolla Financial led trading with 1.09 million shares followed by Spur Tree Spices with 789,268 stocks and Fosrich with 589,091 units.
In the preference segment, Productive Business Solutions 10.5% preference share declined $165 and ended at $1,035 and Sygnus Credit Investments C10.5% advanced $4 in closing at $108.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.4. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Rising Junior Market stocks beat losers
Rising Junior Market stock edged out those declining at the close of trading on the Jamaica Stock Exchange on Wednesday, with trading in 41 securities compared with 43 on Tuesday and ending with prices of 15 rising, 12 declining and 14 closing unchanged after a 33 percent decline in the volume of stocks traded, with a modest rise in value over that on Tuesday.
The market closed with trading of 3,333,072 shares with a value of $7,971,094 compared with 4,944,789 units at $7,691,275 on Tuesday.
Trading averaged 81,294 shares at $194,417 compared to 114,995 units at $178,867 on Tuesday with a month to date average of 200,800 units at $445,155 compared to 207,840 stock units at $459,926 on the previous day and March averaging 221,659 units at $464,382.
Dolla Financial led trading with 1.40 million shares for 42.1 percent of total volume followed by MFS Capital Partners with 605,087 units for 18.2 percent of the day’s trade and Tropical Battery with 449,373 units for 13.5 percent market share.
The Junior Market Index increased 11.36 points to end at 3,756.20 at the close of trading.
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 the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $1.11 to finish at $20 after a transfer of 20,025 shares, CAC 2000 popped 40 cents to $4.24 in switching ownership of 12 stocks, Caribbean Assurance Brokers increased 6 cents in closing at $2.26 with investors dealing in 5,347 shares. Dolphin Cove declined 60 cents to close at $18.60 after an exchange of 5,864 stock units, Fontana climbed 26 cents and ended at $8.96 with an exchange of 11,738 shares, GWest Corporation rose 6 cents to end at $1.01 with investors transferring 2,955 units. Honey Bun shed 56 cents in closing at $7.43 with 4,471 stocks passing through the market, Indies Pharma advanced 23 cents to $2.68 after exchanging 4,638 stock units, 
Jamaican Teas gained 17 cents to close at $2.45 with 49,780 shares clearing the market. Knutsford Express sank 10 cents to end at $11.80 after investors ended trading 1,729 stock units, Lasco Financial rallied 37 cents to finish at $1.89, with just 800 units changing hands, Mailpac Group rose 7 cents and ended at $2.01 after an exchange of 3,766 stock units. Main Event dropped 88 cents to $13.01, with 13,670 units crossing the market, MFS Capital Partners advanced 17 cents after hitting an intraday 52 weeks’ low of $1.10 but ended at $1.47 with a transfer of 605,087 stocks and Tropical Battery popped 14 cents to close at $2.30 as investors exchanged 449,373 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dull trading on the JSE Markets
Junior Market stocks posted gains at the close of the Jamaica Stock Exchange on Wednesday reversing two consecutive days of decline but still leaving the market below Tuesday’s opening, while the Main Market and the JSE USD slipped marginally lower than the close on Tuesday, with the number of shares and their value changing hands falling below that those on the previous trading day, resulting in prices of 33 shares rising and 25 declining.
At the close of trading, the JSE Combined Market Index slipped 4.61 points to close at 330,206.17, the All Jamaican Composite Index dipped 967.20 points to 352,936.07, the JSE Main Index slipped 87.43 points to end trading at 317,151.69. The Junior Market Index advanced 11.36 points to 3,756.20 and the JSE USD Market Index fell 0.46 points to conclude trading at 240.88.
At the close of trading, 16,963,120 shares were exchanged in all three markets, from 18,324,325 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $53.75 million, below the $60.94 million on the previous trading day and the JSE USD market closed with an exchange of 363,343 shares for US$23,058 compared to 384,592 units at US$9,594 on Tuesday.
In Main Market activity, JMMB Group 7.35% – 2028 led trading with 5.56 million shares followed by Wigton Windfarm with 2.37 million units, Sagicor Select Financial Fund with 2.05 million stock units and Transjamaican Highway with 1.48 million shares.
While in Junior Market trading, Dolla Financial led trading with 1.40 million shares followed by MFS Capital Partners with 605,087 units and Tropical Battery with 449,373 stocks.
In the preference segment, no stock traded with a noted price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.5 on 2023-24 earnings and 13.1. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Falling stocks hit Junior Market
Falling stocks overwhelmed those rising at the end of trading on the Junior Market of the Jamaica Stock Exchange Tuesday, with trading in 43 securities compared with 45 on Monday and ending with prices of eight rising with modest gains, 17 declining and 18 closing unchanged, with the market closing with a 34 percent decline in the volume of stocks traded, after a 55 percent fall value than in trading on Monday.
The market closed trading of 4,944,789 shares for $7,691,275 compared with 7,528,822 stock units at $16,904,689 on Monday.
Trading averaged 114,995 shares at $178,867 compared with 167,307 units at $375,660 on Monday with the month to date, averaging 207,840 units at $459,926 compared with 213,954 stock units at $478,434 on the previous day and March with an average of 221,659 units at $464,382.
EduFocal led trading with 1.66 million shares for 33.6 percent of total volume, but the stocks traded at an intraday 52 weeks’ low of 78 cents before closing at 90 cents and was followed by Fosrich with 561,011 units for 11.3 percent of the day’s trade and MFS Capital Partners with 518,349 units for 10.5 percent market share after trading at a 52 weeks’ low.
At the close of trading, the Junior Market Index declined 31.61 points to cease trading at 3,744.84.
The Junior Market ended trading with an average PE Ratio of 12.4, based on the 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 six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, CAC 2000 lost 56 cents and ended at $3.84 with investors transferring 711 stock units, Caribbean Assurance Brokers shed 6 cents to close at $2.20, with 2,783 shares crossing the market, Dolphin Cove declined 56 cents to close at $19.20 with a transfer of 19,596 units. Fontana fell 20 cents to end at $8.70 after an exchange of 15,200 stocks, Indies Pharma skidded 20 cents in closing at $2.45 with investors trading 433,891 units, 
Jamaican Teas rallied 10 cents to finish at $2.28 after a transfer of 2,275 stocks. Lasco Financial sank 33 cents and ended at $1.52 with 50,508 shares clearing the market, Limners and Bards dropped 33 cents to $1.21 with an exchange of 231,775 stock units. Mailpac Group skidded 4 cents to close at $1.94 after a transfer of 47,642 shares, MFS Capital Partners dipped 23 cents to finish at a 52 weeks’ low of $1.30 after 518,349 shares crossed the market, Spur Tree Spices fell 4 cents to end at $2.50 and closed after 39,639 stocks changed hands and Tropical Battery dipped 4 cents in closing at $2.16 in an exchange of 18,464 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE markets fall on Tuesday
Investors chopped several points off the Jamaica Stock Exchange market indices in trading on Tuesday as trading dropped well below Tuesday’s elevated levels that were pushed by trading in Jamaica broilers and Sagicor Group shares and resulted in prices of only 15 shares rising and 45 declining.
At the close of trading, the JSE Combined Market Index fell 1,193.93 points to close at 330,210.8, the All Jamaican Composite Index skidded 2,409.12 points to 353,903.27, the JSE Main Index declined by 1,015.63 points to close at 317,239.12. The Junior Market Index declined 31.61 points to lock up trading at 3,744.84 and the JSE USD Market Index sank 0.69 points to end at 241.34.
At the close of trading, 18,324,325 shares were exchanged in all three markets, down from 43,112,419 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $60.94 million, well below the $1.1 billion on the previous trading day and the JSE USD market closed with an exchange of 384,592 shares for US$9,594 compared to 119,368 units at US$11,630 on Monday.
In Main Market activity, Palace Amusement led trading with 5.33 million shares followed by JMMB 9.5% preference share with 2.27 million units and Wigton Windfarm with 1.34 million socks. While in Junior Market trading, EduFocal led trading with 1.66 million shares followed by Fosrich with 561,011 units and MFS Capital Partners with 518,349 stocks.
In the preference segment, Sygnus Credit Investments C10.5% sank $5.49 to close at $104.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended the day at 19.5 on 2023-24 earnings and 13.1. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Trading jumps on Junior Market
Trading jumped on the Junior Market of the Jamaica Stock Exchange Monday, with rising a 372 percent rise in the volume of stocks traded, with 396 percent more value than Friday following trading in 45 securities compared with 44 on Friday and ending with prices of only eight stocks rising, 22 declining and 15 closing unchanged.
The market closed with an exchange of 7,528,822 shares for $16,904,689, up from 1,594,451 units at $3,409,014 on Friday.
Trading averaged 167,307 shares at $375,660, compared with 36,238 units at $77,478 on Friday with a month to date, average of 213,954 units at $478,434 compared to 217,407 stock units at $486,040 on the previous day and March with an average of 221,659 units at $464,382.
Spur Tree Spices led trading with 4.60 million shares for 61.1 percent of total volume followed by KLE Group with 567,507 units for 7.5 percent of the day’s trade and Jamaican Teas with 363,876 units for 4.8 percent market share.
At the close of trading, the Junior Market Index sank 17.69 points to 3,776.45.
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 two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, CAC 2000 fell 5 cents to end at $4.40 after a transfer of 242 units, Dolla Financial lost 12 cents in closing at $2.67, with 187,664 stocks crossing the market, Dolphin Cove rallied 26 cents to $19.76 after investors exchanged 2,492 shares. Everything Fresh popped 14 cents and ended at $1.70 after trading 20,993 stock units, Express Catering declined 8 cents to close at $4.01, with 5,603 shares crossing the exchange, Image Plus shed 5 cents to finish at $1.88 with investors swapping 57,859 units.
Indies Pharma dipped 7 cents and ended at $2.65, with 42,640 stocks crossing the market, Jamaican Teas sank 32 cents to $2.18 with an exchange of 363,876 stock units, Knutsford Express gained 49 cents to end at $11.90 after 22,824 shares passed through the market. Lumber Depot dipped 10 cents in closing at $2.55 with investors dealing in 46,316 stock units, MFS Capital Partners slipped 21 cents to close at $1.53 with a transfer of 1,928 stocks and tTech rose 5 cents to finish at $2.25 and closed with an exchange of 996 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE trading surges with big Broilers & Sagicor trades
Trading jumped sharply on the Jamaica Stock Exchange on Monday with trading in 12.13 million shares in Jamaica Broilers followed by Sagicor Group with 12.07 million units, valued at $388 million and $500 million respectively and pushed the overall value of stock trading to $1.1 billion with volume well above that on Friday as the Main Market and the Junior Market declined at the close of the market but the JSE USD market closed moderately higher as trading ended with the prices of 22 shares rising and 44 declining.
At the close of the market, the JSE Combined Market Index dropped 3,753.71 points to 331,404.71, the All Jamaican Composite Index declined 2,565.76 points to end at 356,312.39, the JSE Main Index shed 3,787.12 points to finish at 318,254.75. The Junior Market Index dipped 17.69 points to finish at 3,776.45 and the JSE USD Market Index gained 4.33 points to finish at 242.03.
At the end of trading, 43,112,419 shares were exchanged in all three markets, up from 7,124,664 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $1.1 billion, well over the $82.86 million on the previous trading day and the JSE USD market closed with an exchange of 119,368 shares for US$11,630 compared to 880,808 units at US$49,826 on Friday.
In Main Market activity, Jamaica Broilers led trading with 12.13 million shares followed by Sagicor Group with 12.07 million units, Scotia Group with 3.05 million units, Wisynco Group with 2.56 million shares, Wigton Windfarm with 1.84 million stock units and Transjamaican Highway with 1.15 million stocks.
In Junior Market trading, Spur Tree Spices led trading with 4.60 million shares followed by KLE Group with 567,507 stock units and Jamaican Teas with 363,876 units.
In the preference segment, Jamaica Public Service 7% declined $7.50 to finish at $42.50 and 138 Student Living preference share advanced $7 to close at $218.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.8 on 2023-24 earnings and 13.3. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 the more detailed daily report 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
