Sagicor Select Financial Fund captured just under 18 million shares for 80 percent of all stocks traded on the Jamaica Stock Exchange Main Market on Thursday. The volume of stocks traded rose 36 percent but the value sank 64 percent compared to Wednesday, following an exchanged of 61 securities compared with 59 on Wednesday, with prices of 24 rising, 19 declining and 18 ending unchanged.
The market closed with 21,973,738 shares trading worth $58,437,706 versus 16,098,753 stock units at $160,635,957 on Wednesday.
Trading averaged 360,225 shares at $957,995 compared to 272,860 stock units valued $2,722,643 on Wednesday. Trading for the month to date, ended at an average of 460,303 units at $1,911,921, after decreasing from 494,599 shares at $2,238,828 on the previous day, compared with an average of 260,232 stock units at $2,340,082 in October.
Sagicor Select Financial Fund led trading with 17.59 million shares for 80.1 percent of total volume followed by Transjamaican Highway with 1.55 million units for 7 percent of the day’s trade and Wigton Energy with 641,882 stocks for 2.9 percent of the volume traded.
The All Jamaican Composite Index climbed 117.73 points to 460,612.82, the JSE Main Index increased 1,135.50 points to 386,800.11 and the JSE Financial Index fell 0.08 points to conclude trading at 76.27. At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.9. 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 fiscal years ending around August 2027.
At the close of Thursday’s session, AS Bryden shed $2 and ended at $15 with dealings in 58,659 stocks, Carreras gained 49 cents to close at $29.39 with 149,793 stock units changing hands, First Rock Real Estate rose 50 cents and settled at $10.50 following an exchange of5,322 stock units. GraceKennedy increased $2.54 in closing at $83.89 with a transfer of 94,100 stock units, Guardian Holdings declined by $14 to finish at $406 after an exchange of 14 shares, Jamaica Broilers dropped 62 cents and ended at $14.20 with a transfer of 265,582 units. Jamaica Producers skidded $1 to close at $19 with 23,900 stocks crossing the exchange, Massy Holdings climbed $3.85 to finish at $78.85 after a transfer of 3,151 stock units, MPC Caribbean Clean Energy rose $2.13 to stop at $35.07 in switching ownership of 903 shares. 
NCB Financial lost 75 cents to close at $73.75 after an exchange of 43,717 stocks, 138 Student Living slipped 54 cents to close at $4.01 with investors trading 7,592 units, Quantas Advantage rallied 42 cents to close at $21.80 in an exchange of 28,700 stock units. Sagicor Real Estate Fund advanced 50 cents to finish at $9.50 after trading of 146 shares and Sygnus Credit Investments fell 42 cents and ended at $12.07 as investors exchanged 121,021 units.
In the preference share segment, Jamaica Public Service 7% dipped $1.45 to end at $35, with 920 stocks crossing the market and Productive Business Solutions 10.5% popped $20 in closing at $1,170, with an exchange of 2 stock units.
Prices of securities trading are those of the last transaction.
The market closed with 8,684,104 shares trading worth $82,887,921, compared to 8,427,058 stock units at $103,412,472 on Thursday.
The All Jamaican Composite Index rose 493.78 points to trading at 455,656.10, the JSE Main Index popped 1,027.18 points to 380,173.09 and the JSE Financial Index gained 0.52 points to finish at 75.43. At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaica Stock Exchange dipped 30 cents to end at $9.35 in an exchange of 12,228 units, JMMB Group climbed 30 cents to finish at $17.90 in trading 142,934 stock units, Mayberry Group lost 31 cents and ended at $5.10 with 22,630 shares clearing the market, tNCB Financial fell $1 to finish at $73 in an exchange of 45,724 stock units, Sagicor Real Estate Fund lost $1.10 to close at $8.39 with investors trading 10,966 stocks and Scotia Group rose $1.45 in closing at $71.50 after a transfer of 4,310 shares.
Prices of securities trading are those for the last transaction.
The market closed with 37,327,357 shares trading with a market value of $341,399,968, compared with 20,075,573 units at $216,289,202 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.9. ICInsider.com compiles the JSE Main Market PE ratios. These are derived by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
Proven Investments skidded by 54 cents to finish at $9.40 after trading of 13,091 stock units, Scotia Group rose $1.50 in closing at $71.50 in an exchange of 381,622 shares and Seprod rallied $1.94 to end at $79.96 with investors swapping 25,076 stocks.
Prices of securities trading are those for the last transaction.
The market closed with 20,075,573 shares trading for $216,289,202, compared with 9,077,498 stock units at $171,397,249 on Monday.
Quantas Advantage climbed 60 cents and ended at $22.50 crossing the market 8,953 stock units, Sagicor Group fell by 90 cents to close at $42.50 with an exchange of 12,894 shares. Scotia Group dipped by $2 to finish at $70 in crossing the market with 288,949 stocks, Seprod slipped $1.98 and ended at $78.02, following trading of 128,657 shares, Supreme Ventures rose 65 cents to finish at $19.40 with investors trading 10,160 stock units and Sygnus Real Estate Finance popped 40 cents in closing at $7.90 closed at 8,027 shares.
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 12,119,774 shares trading for $114,939,495, compared with 15,606,900 stock units at $112,807,911 on Thursday.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main Market PE ratios. These 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 slipped $1.79 to close at $44.20, with an exchange of 48,277 stocks, Quantas Advantage shed 40 cents to end at $24, with 23,741 units passing through the market, Sagicor Group gained 60 cents to close at $43.10 after trading of 46,368 stock units. Scotia Group dropped 85 cents to $71.55 with a transfer of 43,882 shares and Sygnus Real Estate Finance rallied 68 cents to finish at $7.90, with investors swapping 1,122 units.
Prices of securities trading are those of the last transaction.
The financial services stocks with standout performances include Barita Investments, Mayberry Group, Sagicor Real Estate X Fund, Sagicor Select Funds, First Rock Real Estate, Scotia Group, QWI Investments, Sygnus Real Estate Finance and VM Investments, all among the biggest movers, which points to increased interest in that part of the market.
If ICInsider.com’s projections hold, the week’s weakness would look like a pullback rather than a change of trend. The remaining five forecast names did not appear on either movers list.
On the downside, A.S. Bryden was the weakest performer, declining by 22.13 percent. General Accident Insurance declined 18.89 percent and First Rock Real Estate lost 15.06 percent. JMMB Group shed 11.81 percent, and Sygnus Real Estate Finance slipped by 7.97 percent. Berger Paints eased 7.67 percent, Palace Amusement fell 6.78 percent, Sterling Investments declined 6.63 percent. Jamaica Producers shed 5.59 percent and Transjamaican Highway lost 5.54 percent.
The market closed with 12,913,449 shares trading for $139,868,128, after rising from 18,731,691 stock units at $242,408,969 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.7. 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.
Jamaica Stock Exchange increased 65 cents and ended at $9.67 with a transfer of 1,682 units. JMMB Group advanced 64 cents to $17.65 with 41,747 stocks passing through the market, Margaritaville fell 65 cents in closing at $9 in trading of a mere one share, NCB Financial popped $2.50 to close at $74 with 59,781 stock units crossing the market. Pan Jamaica shed $1.10 to $43 ollowing a transfer of 648 shares, Proven Investments declined 55 cents to close at $9.30 with 1,701 units changing hands, Sagicor Group dropped 62 cents and ended at $42.28 in an exchange of 85,100 stocks. Scotia Group skidded $1.80 to end at $72.20 after trading of 3,267 stock units and Supreme Ventures increased 91 cents to $19.86 with 522,159 shares clearing the market.
Prices of securities trading are those of the last transaction.
The market closed with trading of 19,036,666 shares with the value at $284,857,279, up from 12,183,080 stocks at $237,605,239 on Monday.
At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
Quantas Advantage climbed 49 cents to $24.99 in trading 96,330 stocks, QWI Investments climbed 11 cents to close at a 52 weeks high of 87 cents, after trading of 747,061 shares, Sagicor Real Estate Fund rallied $1.48 to $9.78, with 102 stocks crossing the market. Scotia Group advanced $8.25 to a 52 weeks high of $67.50, with swapping of 890,332 shares and Sygnus Real Estate Finance rose $1.13 in closing at $8.63 after 35 stocks passed through the market.
Prices of securities trading are those for the last transaction
At the end of the market activity, the JSE Combined Market Index rallied 729.97 points to 377,335.57, with the All Jamaican Composite Index popping 3,083.96 points to 443,622.55, the JSE Main Index rose 710.66 points to 371,694.62, the Junior Market Index climbed by 7.04 points to 3,057.20 and the JSE USD Market Index skidded 2.84 points to finish at 294.52.
Among the top losers, AS Bryden shed $5.40 to close at $19.00, NCB Financial dropped 82 cents to $67.00, Sygnus Real Estate Finance lost 40 cents in closing at $7.50, JMMB Group dipped 32 cents to finish at $20.43 and Kingston Wharves fell 23 cents and ended at $33.22.
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 close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in 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.