Big fall for Junior Market


The Junior Market Index sank 48.82 points to finish at 3,409.97 at the close of trading on the Jamaica Stock Exchange on Wednesday after ending with 42 securities changing hands, up from 40 on Tuesday and ending with prices of 16 advancing, 18 falling and eight closing unchanged, following a jump of 141 percent jump in the volume traded, with a 108 percent rise in value over Tuesday.

The market closed with trading of 18,164,035 shares with a value of $19,343,788, soaring well above 7,541,461 units at $9,279,095 on Tuesday.
Trading averaged 432,477 shares at $460,566, well above 188,537 stocks at $231,977 on Tuesday, with the month to date, averaging 177,708 units at $252,262, up from 150,130 units at $229,713 on the previous day but lower than in April. with an average of 199,273 shares at $488,496.
ONE on ONE Educational led trading with 12.42 million shares for 68.4 percent of the total volume, followed by Atlantic Hardware, with 849,987 stock units for 4.7 percent of the day’s trade and Dolla Financial with 816,179 stocks for 4.5 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
The Junior Market ended trading with an average PE Ratio of 14, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Atlantic Hardware increased 9 cents to end at 95 cents with an exchange of 849,987 shares, CAC 2000 slipped 23 cents to end at $1.96 and closed with an exchange of 88 stock units, Consolidated Bakeries fell 9 cents to close at $1.66 after a transfer of just 65 shares. Dolla Financial shed 19 cents to finish at $2.46 with 816,179 stock units crossing the market, Dolphin Cove declined 74 cents to close at $13.57 with traders dealing in 5,071 stocks, Elite Diagnostic sank 25 cents to end at $1.26 with 28,582 shares changing hands. Express Catering dipped 35 cents in closing at $2.54 after an exchange of 13,183 stocks, Fontana climbed 49 cents to $9.48 with investors trading 119,026 units, Indies Pharma rose 23 cents and ended at $3.80 after an exchange of 838 stock units. Iron Rock Insurance gained 20 cents to finish at $3.90 with investors dealing in 23,727 shares, ISP Finance popped $2.50 to close at $11.50 with traders exchanging 345 stocks, Jetcon Corporation rallied 9 cents to end at $1.10 with investors swapping 700 units. Knutsford Express sank $3.30 in closing at $11.20 in an exchange of 3,645 stock units, Limners and Bards skidded 8 cents to $1.10 with 39 shares crossing the market, Lumber Depot lost 13 cents and ended at $2.81 in trading 2,500 units. Main Event dropped 14 cents to finish at $11.30 with 1,629 stocks crossing the exchange, Regency Petroleum sank 6 cents to end at $3.44 with a transfer of 181,901 stock units, Spur Tree Spices dropped 7 cents to close at $1.21 with investors trading 100,282 shares. Stationery and Office Supplies advanced 16 cents to $1.59 with 765,875 stocks switching owners and Tropical Battery popped 9 cents to end at $1.92 with traders passing 224,204 units through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Event jumps 25% on Junior Market


Main Event the sole entertainment event planners jumped nearly 25 percent above Friday’s $9.19 close, on the Junior Market of the Jamaica Stock Exchange on Monday, following trading in 47 securities were traded up from 41 on Friday and ending with prices of 17 rising, 16 declining and 14 closing unchanged and resulting the Junior Market index increasing 17.92 points to 3,475.15.

Trading plunged sharply on Monday with a 73 percent decline in the volume of stocks traded down to 3,818,332 from 14,213,890 units on Friday, with 77 percent lower value of $5,134,860, dramatically lower than $21,868,340 previously.
Trading averaged 81,241 shares at $109,252 compared with 346,680 stocks at $533,374 on Friday, with trading for the month to date, averaging 145,715 stock units at $229,453, down from 155,783 stock units at $248,222 on the previous day and April with an average of 199,273 shares at $488,496.
Kintyre Holdings led trading with 1.16 million shares for 30.4 percent of total volume, followed by Tropical Battery that ended with 543,834 stock units for 14.2 percent of the day’s trade and Caribbean Flavours with 332,937 stocks for 8.7 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than the last selling prices and six with lower offers.
The Junior Market ended trading with an average PE Ratio of 14.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the trading, AMG Packaging gained 10 cents to close at $2.70 with traders dealing in 31,518 shares, CAC 2000 popped 25 cents to $2.19 with 1,952 stocks switching owners, Derrimon Trading fell 16 cents to end at $1.84 with 30,000 shares crossing the market. Dolla Financial sank 17 cents in closing at $2.45 in trading 146,420 units, Dolphin Cove increased by 18 cents to finish at $14.48 after an exchange of 10,308 stock units, Elite Diagnostic recovered Friday’s decline of 21 cents by climbing 32 cents to $1.51 with investors transferring just 195 shares. Future Energy slipped 6 cents to $3.04 as investors exchanged 166,743 stocks, Indies Pharma rose 14 cents to end at $3.69 and closed with an exchange of 1,078 units,  ISP Finance sank 70 cents in closing at a 52 weeks’ low of $8 in an exchange of 2,330 stock units. Jamaican Teas advanced 22 cents and ended at $2.54 with investors trading 2,726 shares, Jetcon Corporation rallied 22 cents to close at $1.10 in an exchange of 11,376 stock units, Mailpac Group rose 9 cents to finish at $2.42 with 4,158 stock units crossing the market. Main Event recovered Friday’s big $2.16 fall by advancing $2.26 and ended at $11.45 with investors swapping 562 stocks, Paramount Trading shed 6 cents to $1 as traders swapped 9,092 shares through the market and Tropical Battery lost 25 cents in closing at $1.85 with an exchange of 543,834 stocks, following the release of the price of the new share issue later this month of $1.87.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big winners save Junior Market


Access Financial, Knutsford Express, Iron Rock Insurance and Express Catering were the big winners on the Junior Market of the Jamaica Stock Exchange Friday, helping the market in recording gains at the close of a trading session that saw a 120 percent jump in the volume of stocks changing hands, with 106 percent more value than Thursday.

Trading ended with activity in just 41 securities, down from 44 on Thursday and ending with prices of 10 stocks rising, 16 declining and 15 closing unchanged.
The market closed with  14,213,890 shares traded for $21,868,340, well above 6,456,385 stock units for $10,590,257 on Thursday.
Trading averaged 346,680 shares worth $533,374, up from 146,736 stocks at $240,688 on Thursday, with the month to date, averaging 155,783 units at $248,222 greater than the 125,679 stock units at $203,256 on the previous day but less than April with an average of 199,273 shares at $488,496.
Derrimon Trading led trading with 6.77 million shares for 47.7 percent of total volume, followed by Kintyre Holdings which ended with 4.96 million stock units for 34.9 percent of the day’s trade and Indies Pharma with 415,551 stocks for 2.9 percent of the volume traded.
At the close of trading, the Junior Market Index advanced 24.29 points to conclude trading at 3,457.23. The Investor’s Choice bid-offer indicator shows four 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 14.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial recovered $3.25 of the loss on Thursday in closing at $17.30 with investors dealing in 781 shares, Caribbean Cream shed 40 cents to $2.20 after an exchange of 101,000 stocks, Derrimon Trading advanced 10 cents and ended at $2 with investors trading 6,774,835 units. Dolla Financial popped 7 cents to end at $2.62 with 99,151 shares changing hands, Elite Diagnostic lost 21 cents to finish at a 52 weeks’ low of $1.19 with investors swapping 100,337 stock units, Express Catering increased 52 cents to close at $2.94 with traders transferring 500 shares through the market. Fontana fell 6 cents to $9 with investors dealing in 31,899 stock units, GWest Corporation dropped 12 cents in closing at 85 cents in an exchange of 248,961 stocks, Indies Pharma sank 20 cents to finish at $3.55 with 415,551 units changing hands. Iron Rock Insurance climbed 70 cents and ended at $3.70 with an exchange of 10,000 stocks, Jamaican Teas dipped 13 cents to end at $2.32 with a mere 3 shares clearing the market, Knutsford Express gained $1.17 to close at $14.50 with investors trading 1,183 stock units. Lasco Financial sank 10 cents to $1.70 with traders exchanging 67,587 units, Mailpac Group skidded 17 cents in closing at $2.33 with 245,000 shares being traded, Main Event declined $2.16 to end at a 52 weeks’ low of $9.19 as investors exchanged 284,719 stock units. RA Williams rallied 7 cents and ended at 58 cents after a transfer of 61,905 stocks and Tropical Battery increased 29 cents to close at $2.10 with investors trading 10,322 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main & Junior Market drop


More than 4 million shares were traded in Wigton Energy, Kintyre Holdings and ONE on ONE Educational on Tuesday on the Jamaica Stock Exchange, resulting in the volume and value of stocks exchanged, tracking very close to trading on Monday, on a day with two Main Market major indices and the Junior Market index declining and the JSE USD Market rising moderately. At the end of trading the prices of 41 shares rose, 35 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index declined 535.84 points to conclude trading at 335,498.72, while the All Jamaican Composite Index squeezed out a modest gain of 17.58 points to wrap up trading at 375,839.23, as the JSE Main Index dipped 329.67 points to settle at 324,797.60, the Junior Market Index fell 30.79 points to 3,472.63 and the JSE USD Market Index popped 0.68 points to end at 233.61.
At the close of trading, 24,026,098 shares were exchanged in all three markets, down from 24,167,602 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $75.24 million, down slightly from $75.61 million on the previous day and the JSE USD market closed with an exchange of 742,788 shares for US$92,365 compared to 648,661 units at US$55,393 on Monday.
In Main Market activity, Wigton Energy led with 4.27 million shares followed by Transjamaican Highway with 2.38 million stocks and Innovative Energy Group Ltd with 622,149 units.
In Junior Market trading, Kintyre Holdings led with 5.09 million shares followed by ONE on ONE Educational with 4.52 million stocks and Derrimon Trading with 877,197 units.
In the preference segment, Jamaica Public Service 9.5% gained $40 to $2,690, 138 Student Living preference share popped $3.98 to close at $312 and Sygnus Credit Investments C10.5% advanced $1.99 to finish at $102.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.5 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are 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.

Trading falls on Junior Market



Trading fell on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume and value of stocks traded declining by 11 percent and 41 percent respectively compared to Monday, with the market Index slipping 17.76 points to 3,274.33, following trading in 46 securities, down from 47 on Monday and ending with prices of 14 rising, 21 declining and 11 closing unchanged.

The market closed with trading of 7,122,679 shares for $7,747,839, after sliding from 7,960,170 units at $13,236,337 on Monday.
Trading averaged 154,841 shares at $168,431, down from 169,365 stocks at $281,624 on Monday, with the month to date, averaging 226,965 units at $298,598, down from 239,162 shares at $320,611 on the previous day and January closing with an average of 469,885 shares at $594,149.
Kintyre Holdings ended as the leading trade with 3.15 million shares for 44.2 percent of total volume, followed by Atlantic Hardware with 1.07 million units for 15 percent of the day’s trade and ONE on ONE Educational with 710,969 stock units for 10 percent of the volume traded.
At the close of trading, the Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.3, derived by dividing the last traded price of a stock by the earnings per share. ICInsider.com compiles the PE ratios in this report for companies with their financial year ending around August 2026.
At the close of the market, AMG Packaging rose 30 cents to $2.40, with 141,470 shares clearing the market, Atlantic Hardware climbed 9 cents to $2.14, with investors trading 1,069,551 units, Blue Power increased 75 cents to finish at $3.75, with 2,497 shares crossing the market. Caribbean Assurance Brokers popped 26 cents and ended at $2 after an exchange of just 923 stock units, Consolidated Bakeries rallied 25 cents to end at $1.55 with 3,719 stocks passing through the market, Dolphin Cove gained $1.10 to close at $12 after trading of 10,601 units. Express Catering fell 17 cents to $2.33 with 4,582 shares crossing the exchange, Iron Rock Insurance sank 30 cents to end at $2.50 with a transfer of 126 stocks, Jamaican Teas slipped 12 cents to $2.18 after an exchange of 7,908 stock units. KLE Group sank 14 cents to finish at 90 cents with investors trading 34 shares, Knutsford Express dropped 70 cents and ended at $10.29 in an exchange of 1,616 stocks, Limners and Bards advanced 11 cents to close at $1.03 with traders dealing in 149,436 units. Mailpac Group lost 30 cents to $2.49 after a transfer of 28,552 stock units, Main Event declined 10 cents to finish at $7 as investors exchanged 3,743 shares, Medical Disposables popped 24 cents and ended at $1.34 with 203 stocks crossing the market. Paramount Trading shed 22 cents in closing at $1.06 with an exchange of 25,578 units and Regency Petroleum rallied 6 cents to close at $3.94 with 3,998 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE Markets

Stocks mostly fell at the close of the Jamaica Stock Exchange to start the second half of 2024 on Monday with the Junior Market slipping and the Main and JSE USD markets closed marginally higher as trading ended with the number and value of stocks changing hands falling, from the previous trading day, resulting in prices of 26 shares rising and 44 declining.
At the close of trading, the JSE Combined Market Index popped 303.60 points to close at 332,830.15, the All Jamaican Composite Index gained 147.08 points to end trading at 358,283.67, the JSE Main Index rose 488.45 points to lock up trading at 319,408.32. The Junior Market Index shed 23.11 points to end at 3,820.12 and the JSE USD Market Index popped 0.13 points to end the day at 236.80.
At the close of trading, 16,632,807 shares were exchanged in all three markets, down from 78,640,697 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $91.77 million, well below the $326.65 million on the previous trading day and the JSE USD market closed with an exchange of 6,425 shares for US$5,351 compared to 1,447,374 units at US$79,036 on Friday.
In Main Market activity, Transjamaican Highway led trading with 2.84 million shares followed by Sagicor Select Financial Fund with 1.34 million units and Wigton Windfarm with 1.22 million stock units.
In Junior Market trading, EduFocal led trading with 3.82 million shares followed by Spur Tree Spices with 1.29 million units and ONE on ONE Educational with 571,549 stocks.
In the preference segment, Eppley 7.25% preference share sank $1 in closing at $19, Eppley 7.75% preference share slipped $1.42 to finish at $18.57, 138 Student Living preference share fell $1.56 to close at $198.44 and Sygnus Credit Investments C10.5% declined $6 to end at $102.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.6 on 2023-24 earnings and 13.8 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 dives on the Jamaica Stock Exchange

Rising stocks outclassed those declining on the Main Market of the Jamaica Stock Exchange on Monday but the market indices dropped at the end of trading, the Junior Market rose while the JSE USD market closed moderately higher as trading ended with the number and the value of stocks changing hands falling from the previous trading day, resulting in prices of 35 shares rising and 32 declining.
At the close of trading, the JSE Combined Market Index climbed 682.46 points to 333,310.47 and the All Jamaican Composite Index fell 551.92 points to 357,848.33. The JSE Main Index shed 811.24 points to settle at 320,505.98. The Junior Market Index rose 13.66 points to 3,740.25 and the JSE USD Market Index gained 1.51 points to close at 238.56.
At the close of trading, 17,563,944 shares were exchanged in all three markets, down from 32,255,498 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $75.2 million, well below the $497.67 million on Friday and the JSE USD market closed with an exchange of 98,295 shares for US$9,105 compared to 280,988 units at US$32,878 on Friday.
In Main Market activity, Wigton Windfarm led trading with 2.38 million shares followed by Transjamaican Highway with 1.11 million stocks and Lasco Distributors with 1.10 million units.
In the Junior Market, ONE on ONE Educational led trading with 4.37 million shares followed by Stationery and Office Supplies with 2.01 million stock units and Everything Fresh with 908,181 units.
In the preference segment, Sygnus Credit Investments C10.5% gained $1 to end at $109.
The market’s PE ratio, the most popular measure used to determine the value of stocks, sits at 21.3 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 sectors 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.

Fosrich pushed trading on Jamaica Stock Exchange

Trading surged on Friday on the Jamaica Stock Exchange with the volume and value of stocks changing hands leaping sharply over the previous trading day, with Fosrich being the market leader with over 117 million shares, resulting in prices of 32 shares rising and 41 declining as the Main Market closed moderately lower, the Junior Market dropped sharply but the JSE USD market rose at the close of the week.
At the close of trading, 137,437,210 shares were exchanged in all three markets, up sharply from 13,481,892 units on Friday, with the value of stocks traded on the Junior and Main markets jumped to $397.68 million, well above the $63.38 million that was exchanged on the previous day and the JSE USD market closed trading of 24,785 shares at US$735 down from 727,558 stock units at US$21,301 on Thursday.
In Main Market activity, Wigton Windfarm led trading with 4.66 million shares followed by JMMB 9.5% preference share with 4.11 million stock units, Transjamaican Highway ended with 2.24 million units and JMMB Group with 1.05 million shares.
In the Junior Market, Fosrich led trading with 117.31 million shares followed by ONE on ONE Educational with 1.35 million stocks and Mailpac Group with 541,231 units.
In the preference segment, Jamaica Public Service 7% gained $5.40 to end at $48.
At the close, the JSE Combined Market Index dived 1,769.31 points to finish trading at 331,364.99, the All Jamaican Composite Index shed 624.47 points to close at 356,196.59, the JSE Main Index dropped 1,389.45 points to end  at 318,562.02. The Junior Market Index skidded 62.76 points to 3,728.49 and the JSE USD Market Index rose 3.15 points to settle at 236.53.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 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.

Profits continue to send mixed signals

Early profit results for the first 2024 quarter show some positives, with the Montego Bay-based Knutsford Express reporting b revenue growth and profit for the quarter and the nine months to February, followed by positive results for AMG Packaging and Express Catering, but there were also some disappointing ones.

Knutsford Express

The directors of Knutsford Express stated that “strong and steady demand for our courier services complemented our passenger services have combined in delivering year to date profit of $268 million, up 27.1 percent from $211 million at the end of February 2023. We, therefore, recorded a 20.9 percent growth in our total revenue in this quarter moving to $565 million from $468 million in the comparative period in 2023. Similarly, our nine-month year-to-date revenue has increased by 19.5 percent from $1,281 million in 2023 to $1,530 million in 2024.”
Innovative Energy, formerly Ciboney reported no revenues in the February quarter and a loss of $4.4 million with the year to date, ending with $500,000 in income and a loss of $7.8 million.
AMG Packaging grew profit by 79 percent to $32 million from $18 million in 2023, better than the 72 percent rise in the first quarter. For the six months to February, profit was up by 79 percent to $84 million from $47 million in 2023.
Revenues climbed from US$6 million to US$7 million at Express Catering, up 17.6 percent in the quarter and increased by 23 percent from US$15 million to US$18.7 million, delivering a profit of US$2 million for the year to date and US$1 million for the latest quarter, compared with US$1.9 million for the nine months in 2023 and $1.15 million in the February 2023 quarter. Ian Dear, the company’s CEO confirmed that added cost in the third quarter would have been associated with new restaurants opened close to the quarter as such, some of the cost would not be fully covered by revenues.
The revenue at Margaritaville (Turks) rose just 5 percent to US$5.25 million for the current year, compared to US$4.98 million for the same period last year, with a net profit of US$521,909, earnings per share of 0.773 US cents compared with the similar period of 2023, with a net profit of US$1.18 million which includes non-recurring gains of US$658,000 for EPS of 1.749 US cents.
For the third quarter, revenues fell to US$1.9 million from US$2.2 million in 2023, delivering a profit of US$222,174 versus US$725,000 in 2023 including one time income of US$340,000.
Sygnus Real Estate Finance fell by 43 percent in the February quarter from $67 million in 2023 to $44 million in 2024. For six months revenues reached $88 million down 38 percent from $142 million in the prior year. The company incurred a loss of $187 million in the 2024 second quarter 45 percent worse than the $129 million and for the six months, a loss of $320 million was incurred marginally more than $302 million in 2023.

Paramount Trading is expanding into Chlorine and bleach processing.

Paramount Trading reported reduced revenues and profit for the third quarter and the nine months. Revenues in the February quarter declined 8.5 percent from $438 million in 2023 to $401 million in 2024. For the nine months, revenues fell 23 percent from $1.63 billion down to $1.266 billion with profits coming in at 40 percent lower at $18 million for the quarter from $30 million in 2023 and 44 percent to $100 million for the nine months of February this year from $179 million in the previous year.
One On One Educational Services reported revenues of $57 million in the February quarter down 12 percent from $73 million in 2023 and fell 27 percent to $111 million for the six months to February from $153 million in 2023.
A loss of $20 million million was incurred in the February quarter down from a profit of $6 million in 2023 and a loss of $41 million for the six months, down from a profit of $17 million in 2023 for the 6 months.

Main Market rise Juniors fall

The JSE USD market inched higher at the close of the Jamaica Stock Exchange on Monday as the Main Market gained more than a thousand points but the Junior Market dropped for a third consecutive day, with fewer stocks changing hands, with the value traded falling sharply from that on the previous trading day, resulting in prices of 46 shares rising and 36 declining.
At the close of trading on Monday, the JSE Combined Market Index rallied 1,132.02 points to end at 340,293.63, the All Jamaican Composite Index rose 2,140.38 points to 367,297.93, the JSE Main Index rose 1,337.67 points to close at 327,756.09. The Junior Market Index sank 21.57 points to end the day at 3,744.99 and the JSE USD Market Index popped 0.96 points to settle at 244.99.
At the close of trading, 21,408,365 shares were exchanged in all three markets, down from 29,059,711 units on Friday, with the value of stocks traded on the Junior and Main markets with a value of $74.87 million, well off from $240.14, million on the previous trading day and the JSE USD market closed with an exchange of 130,853 shares for US$9,068 compared to 209,773 units at US$28,768 on Friday.
In Main Market activity, Transjamaican Highway led trading with 6.89 million shares followed by Wigton Windfarm with 1.38 million units and Radio Jamaica with 691,900 stocks.
In the Junior Market, Express Catering led trading with 3.61 million shares followed by ONE on ONE Educational with 1.63 million stock units and Fosrich with 1.02 million units.
In the preference segment Jamaica Public Service 9.5% dropped $50 to close at $2650 and Sygnus Credit Investments C10.5% declined $9 to finish at $101.
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 13.6 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 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 for investors to assess the value of stocks based on this measure quickly. 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.