The Junior Market and the JSE USD market were relatively stable in trading on Wednesday, with the Main Market of the Jamaica Stock Exchange declining meaningfully as trading ended with the number and the value of shares trading rising sharply over that on Tuesday as trading ended with 37 ordinary shares rising and 34 declining.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 503.65 points to end trading at 336,013.76, while the All Jamaican Composite Index declined 3,548.11 points to 357,372.64, the JSE Main Index declined 2,758.68 points to lock up trading at 320,529.65. The Junior Market Index slipped 5.71 points to 3,741.82 points and the JSE USD Market Index rallied 1.02 points to end trading at 240.82.
At the close of trading, 16,686,862 shares were exchanged in all three markets, up from 14,586,125 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $145.58 million, up from $38.46 million on Tuesday and the JSE USD market closed after only 22,109 shares were exchanged for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.67 million shares followed by Jamaica Broilers with 3.22 million units, JMMB Group 7.5% ended with 2.35 million units and Transjamaican Highway with 1.03 million units.
In the Junior Market, Dolla Financial led trading with 1.31 million shares, followed by One Great Studio with 558,940 units and iCreate with 323,373.
At the close of the market, Main Market stocks rising are AS Bryden that rallied $1 and ended at $40, Caribbean Cement climbing $2.24 to $57, NCB Financial gaining $1.30 in closing at $67.50.
Declining Main Market stocks include Guardian Holdings down $5 to $390, Jamaica Stock Exchange dipping 96 cents to $10.06, Mayberry Group declining 95 cents to $7.50, Mayberry Jamaican Equities shedding 89 cents to close at $9.01, Proven Investments dropping $1.30 and ended at $22.18 as Sagicor Group skidded $1.07 to end at $44.93 and Seprod sank $1.99 and ended at $83.
In the Junior Market, rising stocks include Main Event which rose 67 cents to close at $14.97 and the stock with the largest loss in the Junior Market was AMG Packaging fell 64 cents to $2.36.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 13.9 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.
Trading drops on Trinidad Exchange
At the close of trading on the Trinidad and Tobago Stock Exchange on Tuesday, 14 securities changed hands compared with 19 on Monday, resulting in the prices of four stocks rising, six declining and four remaining unchanged, following a 30 percent decline in the volume of stocks traded as the value fell 37 percent lower than on Monday.
Trading ended with an exchange of 69,412 shares for $746,479 down from 99,816 stock units at $1,176,523 on Monday.
An average of 4,958 units were traded at $53,320 compared to 5,253 shares at $61,922 on Monday, with trading month to date averaging 11,214 shares at $105,361 compared to 12,323 units at $114,584 on the previous day and an average for December of 17,065 shares at $239,371.
The Composite Index gained 1.62 points to wrap up trading at 1,209.42, the All T&T Index rose 4.32 points to settle at 1,810.83, the SME Index remained at 78.58 and the Cross-Listed Index fell 0.18 points to 79.19.
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, Angostura Holdings rallied $1.80 to close at $21.80, with 501 stock units crossing the market, First Citizens Group lost 20 cents to close at $49.30 in an exchange of 648 shares, FirstCaribbean International Bank remained at $7 with investors swapping 7,093 units. L.J. Williams B share slipped 4 cents in closing at $2.20 after 311 stocks crossed the market, Massy Holdings ended at $4.45 while exchanging 28,472 shares, National Enterprises fell 31 cents in closing at $3.65 after trading 163 stocks. National Flour Mills popped 15 cents to $1.89, with 776 units changing hands, NCB Financial shed 5 cents to close at $3.40 after a transfer of 993 stock units, Point Lisas remained at $3.90 as investors exchanged 17,710 shares.
Prestige Holdings ended at $9.30 and closed after an exchange of 8,048 units, Republic Financial shed 48 cents to close at $122.50, as 2,848 stocks passed through the market, Scotiabank climbed 40 cents to close at $69.90 in switching ownership of 90 stock units. Trinidad Cement gained 14 cents to end at $3.25 with investors trading 10 shares and Unilever Caribbean dropped 24 cents in closing at $11.75 in an exchange of 1,749 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the Trinidad Stock Exchange
Trading activity dropped on Monday on the Trinidad and Tobago Stock Exchange with the volume of stocks traded declining 50 percent resulting from a 44 percent fall in the value of stocks changing hands compared to trading on Friday and resulting in trading in 19 securities compared with 17 on Friday and ended with prices of seven stocks rising, seven declining and five remaining unchanged.
Investors exchanged 99,816 shares for $1,176,523 versus 199,426 stock units at $2,091,155 on Friday.
An average of 5,253 units were traded at $61,922 compared to 11,731 shares at $123,009 on Friday. Trading for the month to date averages 12,323 shares at $114,584 compared with 14,561 stock units at $131,259 on the previous trading day compared with an average for December of 17,065 shares at $239,371.
The Composite Index sank 2.35 points to end at 1,207.80, the All T&T Index shed 5.36 points to close trading at 1,806.51, the SME Index remained unchanged at 78.58 and the Cross-Listed Index rallied 0.12 points to lock up trading at 79.37.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s advanced 8 cents and ended at $68.50 in an exchange of 773 units, Angostura Holdings dipped $2 to $20 with investors dealing in 349 stocks, Ansa McAl popped 90 cents to close at $55.90, with 172 shares changing hands. 
Ansa Merchant Bank ended at $43 after 11 stock units passed through the market, CinemaOne fell 20 cents to $7 with an exchange of 8 shares, Endeavour Holdings ended trading at $14.75, with an exchange of 3,000 stock units. First Citizens Group popped 30 cents to end at $49.50 with investors swapping 1,710 units, GraceKennedy fell 21 cents to close at $4.18 after an exchange of 7,076 stock units, Guardian Holdings lost 75 cents to end at $18.25 with a transfer of 396 shares. Guardian Media climbed 5 cents and ended at $2.25 as investors exchanged 652 stocks, JMMB Group ended at $1.26, with 1,500 units crossing the market, Massy Holdings rose 3 cents to close at $4.45 with an exchange of 54,788 stock units. 
Point Lisas remained at $3.90 and closed with an exchange of 5,000 shares, Prestige Holdings ended at $9.30 after an exchange of 5,000 stock units, Republic Financial closed trading at $122.98 with a gain of 58 cents after investors traded 2,516 stocks. Scotiabank rallied 44 cents to close at $69.50, with investors exchanging 2,378 stocks, Trinidad & Tobago NGL dipped 4 cents to end at $10.94 in switching ownership of 2,798 shares, Trinidad Cement shed 19 cents in closing at $3.11 after a transfer of 1,860 units and Unilever Caribbean slipped 1 cent to $11.99 with investors trading 9,829 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market falls, Juniors rise
Jamaica stocks rose on the Jamaica Stock Exchange on Thursday but overseas-based stocks pulled back, with the Main Market slipping as the Junior Market recovered some of the grounds lost on Wednesday but the JSE USD market closed lower following a drop in the volume and value of stocks trading falling.
At the close of trading, the JSE Combined Market Index shed 206.43 points to end trading at 336,846.57, the All Jamaican Composite Index rose 1,082.80 to close at 363,466.02, the JSE Main Index fell 499.84 points to 323,758.65. The Junior Market Index climbed 29.96 points to 3,792.26 and the JSE USD Market Index fell 2.02 points to 237.31.
At the close of trading, 10,635,206 shares were exchanged in all three markets, down from 13,087,775 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $38.4 million, down compared with $69.13 million on Tuesday and the JSE USD market closed after 250,247 shares were traded, for US$11,360 compared to 163,964 units at US$2,851 on Wednesday.
Main Market trading was dominated by Transjamaican Highway led trading with 1.41 million shares followed by Sagicor Select Financial Fund with 1.29 million units and QWI Investments with 888,809 units.
In the Junior Market, iCreate led trading with 612,599 shares followed by Future Energy with 573,561 units and One Great Studio with 415,210 units.
Main Market stocks rallying were NCB Financial rose $1 to close at $67.50 and Seprod rallied $2.10 in closing at $85.
Declining Main Market stocks included, GraceKennedy lost $1.75 to close at $78, Supreme Ventures declined $1.35 to $24.60 and Jamaica Broilers sank $1 in closing at $33.50.
Rising Junior Market stocks include Dolphin Cove advancing 70 cents in closing at $20 and Fontana increasing 52 cents to $10.60. There were stocks with big losses in this market.
In the preference segment, 138 Student Living preference share dropped $10 to end at $120 and Productive Business Solutions 10.5% preference share advanced $15 in closing at $1,075
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.9 on 2022-23 earnings and 14.1 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.
Pull back for JSE Main & Junior Markets
The Main Market and Junior Market of the Jamaica Stock Exchange gave back some of the gains garnered over the past few trading sessions but the JSE USD market closed higher for the second day of trading as the overall trading levels in the markets pulled back from those of Friday and Tuesday, with the market weighed down by more big falling prices than those rising.
At the close of trading, 13,087,775 shares were exchanged in all three markets, down from 21,294,970 units on Tuesday,
with the value of stocks traded on the Junior and Main markets amounted to $69.13 million, down compared with $81.4 million on Tuesday and the JSE USD market closed after 163,964 shares were traded, for US$2,851 compared to 51,389 units at US$5,071 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 1.78 million shares for 25.4 percent of total volume followed by Jamaica Stock Exchange with 1.43 million units for 20.4 percent of the day’s trade and Transjamaican Highway with 637,525 units.
In the Junior Market, Lasco Financial led trading with 2.96 million shares, followed by AMG Packaging with 557,050 units and One Great Studio with 492,557 units.
At the close of the market, Main Market stocks rallying were AS Bryden, with a gain of $3.01 to $33.11, Seprod climbing $2.91 to $82.90, Wisynco Group up $1.25 to close at $22.30.
Declining Main Market stocks included, Eppley Caribbean Property Fund skidded $3 to end at $37, Caribbean Cement lost $1.82 and ended at $57.66, NCB Financial down $1.50 and ended at $66.50 and Scotia Group up $1 to $38.50.
Rising Junior Market stocks include AMG Packaging advancing $1.50 to $3.90 and Main Event increasing $1.20 in closing at $14.34. Falling stocks include Access Financial down $2.29 to close at $25.20 and Cargo Handlers declining $1.84 to end at $13.08.
At the close of trading, the JSE Combined Market Index dropped 4,040.80 points to 337,053.00, the All Jamaican Composite Index skidded 5,765.35 points to lock up trading at 362,383.22, the JSE Main Index lost 3,566.78 points to end at 324,258.49. The Junior Market Index dropped 79.45 points to conclude trading at 3,762.30 and the JSE USD Market Index gained 1.52 points to settle at 239.33.
In the preference segment, Eppley 7.75% preference share popped $3.99 to $22.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.7 on 2022-23 earnings and 14.1 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.
Stock prices fall but JSE rises to start 2024
The Main Market and USD Market of the Jamaica Stock Exchange climbed to start the new year at the close on Tuesday but the Junior Market slipped modestly following b gains on Friday, with trading dropping sharply from the year close on Friday, notwithstanding the gains in the market, trading ended with declining dominating those rising on the first day of the year.
At the close of trading, 21,294,970 shares were exchanged in all three markets, down from 107,792,193 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.4 million, down from $952.3 million on Friday. The JSE USD market closed after 51,389 shares were traded for US$5,071 compared to 367,867 units at US$23,662 on Friday.
Sagicor Select Financial Fund was the dominant trade in the Main Market, with 3.15 million shares, followed by Transjamaican Highway with 2.45 million units and Ciboney Group, 1.98 million units. In the Junior Market, EduFocal led trading with 2.46 million shares followed by One Great Studio with 1.59 million units and Future Energy, 665,397 stock units.
At the close of trading, Main Market stocks rallying were Guardian Holdings jumping $49.98 and ended at $399.98, Eppley popping $2.04 to close at $38.04, Scotia Group up $1.10 and ended at $39.50 and Massy Holdings advancing $1 to end at $91.
Declining Main Market stocks included AS Bryden, with a decline of $3.01 and ended at $30.10, Barita Investments falling $3.98 to $73, Eppley Caribbean Property Fund dropped $2.10 to $40, JMMB Group skidded $1 to $25, NCB Financial lost $1.99 to $68, followed by Sagicor Group skidding $2.50 to $47, Seprod declining $2.51 to end at $79.99 and Supreme Ventures shedding $2 in closing at $25.
Rising Junior Market stocks include ISP Finance and Access Financial up $2.49 each and Dolphin Cove up $1.27. Falling stocks include Main Event dropping 76 cents, AMG Packaging skidding 62 cents and Spur Tree Spices with a fall of 40 cents.
At the close of trading, the JSE Combined Market Index jumped 1,935.67 points to close at 341,093.80, the All Jamaican Composite Index climbed 1,130.72 points to 368,148.57, the JSE Main Index increased 2,125.48 points to end at 327,825.27. The Junior Market Index lost 6.58 points to end at 3,841.75 and the JSE USD Market Index gained 6.62 points to culminate at 237.81.
In the preference segment, Eppley 7.75% preference share dropped $3 to $19.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 14.2 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.
Stocks push Trinidad and Tobago Stock Exchange higher to start 2024
Trading opened the new year on a winning note on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in the main market indices rising moderately with a 48 percent decline in the volume of stocks traded, with a 73 percent lower value than on Friday with trading in 14 securities down from 20 on Friday, with prices of four stocks rising, six declining and four remaining unchanged.
Investors traded 152,582 shares for $705,361 versus 295,781 stock units at $2,657,158 on Friday.
An average of 10,899 units were traded at $50,383, down from 14,789 shares at $132,858 on Friday, with trading to December with an average of 17,065 shares at $239,371.
The Composite Index advanced 0.68 points to close trading at 1,214.78, the All T&T Index climbed 2.85 points to end at 1,813.98, the SME Index remained unchanged at 70.72 and the Cross-Listed Index sank 0.23 points to 80.28.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl popped 90 cents to $55.90 with investors trading 33 stock units, Ansa Merchant Bank sank $2.50 to $43, with 88 shares crossing the market, First Citizens Group ended at $49.11 in switching ownership of 87 units. GraceKennedy shed 34 cents to close trading at $4.16, with 1,741 stocks clearing the market, Guardian Holdings slipped 40 cents to $18.60 after investors traded 2,022 units, JMMB Group gained 5 cents in closing at $1.40, with 28,118 stocks crossing the exchange. Massy Holdings remained at $4.45 after 35,265 shares changed hands, National Enterprises dropped 15 cents to end at $3.99 in an exchange of 60,155 stock units, 
NCB Financial rose 5 cents to close at $3.45 after 8,779 shares were exchanged. Prestige Holdings ended at $9.30 as investors exchanged 6,400 stocks, Republic Financial fell $1.34 to $121.50 in trading 27 units, Scotiabank ended at $69 after an exchange of 78 stock units. Trinidad & Tobago NGL skidded 1 cent to end at $10.99 with investors dealing in 9,379 shares and Unilever Caribbean advanced 19 cents in closing at $11.48 with a transfer of 410 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks surged in closing out 2023
All three markets of the Jamaica Stock Exchange rose on Friday following b gains on Thursday with trading exceeding Thursday’s levels as rising prices overwhelmed those declining on the final day of the year but that was powerful enough to erase declines in the market for the year.
At the close of trading 107,792,193 shares, were traded in all three markets, up from 65,137,916 units on Wednesday.
The value of stocks traded on the Junior and Main markets totalled $952.3 million, up from $857.26 billion on Thursday. The JSE USD market closed after 367,867 shares were traded, for US$23,662 compared to 31,154 units at US$662 on Thursday.
Main Market trading was dominated by Wigton Windfarm with 25.03 million shares being exchanged by investors, followed by NCB Financial with 8.03 million units, Radio Jamaica contributed 7.49 million units, Sagicor Group with 1.64 million shares, Barita Investments closed with 1.34 million units and Transjamaican Highway with 1.30 million shares.
In the Junior Market, Tropical Battery led trading with 21.15 million shares, followed by Future Energywith 10.21 million units, Regency Petroleum with 4.69 million shares, EduFocal 2.96 million units , Image Plus traded 2.89 million shares and Fosrich with 2.25 million units.
At the close of the market, Main Market stocks rallying were Barita Investments climbing $5.98, Sagicor Group up $3.52, Eppley Caribbean Property rising $3.10, Caribbean Cement with a gain of $3.04, AS Bryden rising $3.01, NCB Financial up $2.49 and Seprod climbing $2.01.
Declining Main Market stocks were Guardian Holdings down $23 and Eppley with a fall of $2.10.
Rising Junior Market stocks include Knutsford Express up $1.25 and Dolphin Cove up $1.
At the close of trading, the JSE Combined Market Index jumped 4,534.94 points to close at 339,158.12, the All Jamaican Composite Index jumped 6,563.17 points higher to 367,017.85, the JSE Main Index popped 4,228.16 points to 325,699
The Junior Market Index surged 65.03 points to 3,848.33, off by 3.5 percent for the year and the JSE USD Market Index rose 6.84 points to 231.19.
In the preference segment, Eppley 7.75% preference share rose $3 to $22 and 138 Student Living preference share advanced $33.10 in closing at $130.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 15 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.
Trinidad stocks mostly rise to close 2023
Trading activity climbed as prices mostly rose on the final trading day for 2023 on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 194 percent and the value 185 percent more than on Thursday resulting in the trading of 20 securities as was the case on Thursday, and ended with prices of 12 stocks rising, three declining and five remaining unchanged.
Investors exchanged 295,781 shares for $2,657,158 up from 100,718 stock units at $931,366 on Thursday.
An average of 14,789 units were traded at $132,858 compared to 5,036 shares at $46,568 on Thursday, with trading month to date averaging 17,065 shares at $239,371 compared with 17,254 units at $249,160 on the previous day. The average trade for November amounted to 19,241 shares at $227,402.
The Composite Index popped 6.16 points to conclude trading at 1,214.10, the All T&T Index rose 7.48 points to 1,811.13, the SME Index remained unchanged at 70.72 and the Cross-Listed Index popped 0.67 points to lock up trading at 80.51.
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, Agostini’s ended trading for the year at $68.50, with 313 stock units crossing the market, Angostura Holdings gained $2.01 to close trading at $22 in an exchange of 3,495 shares, Calypso Macro Investment Fund rose 75 cents to end at $23.50 after 460 units passed through the market. First Citizens Group dipped 39 cents in closing at $49.11 in an exchange of 200 stocks, GraceKennedy rallied 34 cents to $4.50 with 44,851 shares changing hands, Guardian Holdings popped 40 cents to $19 with investors dealing in 14,150 stocks. JMMB Group remained at $1.35 in switching ownership of 13,608 units, Massy Holdings rallied 5 cents to close at $4.45 in trading 93,266 stock units, National Enterprises slipped 1 cent to end at $4.14 after a transfer of 20,910 shares. National Flour Mills increased 20 cents in closing at $1.94 in trading 2,010 stock units, NCB Financial ended at $3.40, with 14 stocks, One Caribbean Media climbed 30 cents to end at $3.80 with traders dealing in 6,550 units. 
Point Lisas rose 18 cents in closing at a 52 weeks’ high of $3.74 as investors exchanged 25,633 stocks, Prestige Holdings ended at $9.30 after 50 shares were traded, Republic Financial remained at $122.84 after an exchange of 7,943 stock units. Scotiabank shed 95 cents to end at $69 with a transfer of 1,497 stock units, Trinidad & Tobago NGL advanced 65 cents to $11 with 14,581 shares crossing the exchange, Trinidad Cement popped 30 cents to end at 3.30, with 39,696 stocks changing hands. Unilever Caribbean increased 9 cents and ended at $11.29 with investors transferring 6,220 units and West Indian Tobacco climbed 5 cents to end at $9 after an exchange of 334 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks prices surged on the Jamaican Stock Exchange
All three markets of the Jamaica Stock Exchange rose on Thursday following the sharp jump on Wednesday as trading on the Main Market exceeded Wednesday levels as investors traded 54.7 million shares in that market for $833 million on Thursday. Trading fell off in the Junior Market but the index surged as did the all Jamaica Composite index as investors pushed the top 10 stocks up by more than $1 and as high as $4.48, while declining stock price changes were subdued.
A total of 65,137,916 shares, were traded in all three markets, from 132,966,020 units on Wednesday.
The value of stocks traded on the Junior and Main markets totalled $857.26 million, down from $1.06 billion on Wednesday. The JSE USD market closed after 31,154 shares were traded for US$662 compared to 127,343 units at US$6,740 on Wednesday.
Carreras was one of a number of stocks dominating trading Thursday, with an exchange of 24.28 million shares followed by Wigton Windfarm with 7.82 million units, Wisynco Group ended with 4.36 million units, Radio Jamaica, chipped in with 3.71 million stock units, NCB Financial closed with an exchange of 3.06 million shares and Scotia Group with 2.42 million units and in the Junior Market, Spur Tree Spices ended with an exchange of 3.09 million shares.
At the close of trading on Thursday, the JSE Combined Market Index jumped 4,106.46 points to 334,623.18, the All Jamaican Composite Index surged 6,057.90 points to 360,454.68, the JSE Main Index rallied 3,911.29 points to end trading at 321,471.63. The Junior Market Index surged 50.05 points to end at 3,783.30 and the JSE USD Market Index rose 1.89 points to wrap-up trading at 224.35.
In the preference segment, 138 Student Living preference share sank $17.10 in closing at $96.90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.6 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.