Sagicor Real Estate Fund

Drop for JSE Main Market in light session

February 6, 2025 by IC Insider.com

On a light trading day, the Jamaica Stock Exchange Main Market indices closed down on Wednesday as Transjamaican Highway snapped up the largest share of the day’s trade, after the volume of stocks traded dropped 39 percent, with a 71 percent lower value than on Wednesday, following trading in 58 securities down from 62 on Tuesday, with prices of 20 rising including Seprod that jumped $4.10 to lead the winners, 23 declining and 15 ending unchanged.

The market closed with 10,786,528 stock units traded for $74,668,059, down sharply from 17,763,087 units at $261,676,546 on Tuesday. Trading averaged 185,975 shares at $1,287,380, down from 286,501 stocks at $4,220,589 on Tuesday. For the month to date, an average of 187,760 units were traded at $2,060,924 compared with 188,609 units at $2,428,675 on Wednesday and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.65 million shares for 24.6 percent of total volume followed by Wigton Energy with 2.28 million stocks for 21.1 percent of the day’s trade and Sagicor Select Financial Fund with 1.03 million units for 9.6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,532.52 points to 383,262.39, the JSE Main Index declined by 1,024.19 points to close at 332,094.96 and the JSE Financial Index shed 0.59 points to end at 68.34. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, AS Bryden dropped 53 cents to $30.07 with a mere 15 shares switching owners, Berger Paints popped 40 cents to close at $8.30 with just 12 stocks traded, Caribbean Cement slipped $3.85 to end at $83 after a transfer of 56,963 shares. Eppley sank 48 cents in closing at $36 as investors exchanged 87 stock units, First Rock Real Estate dipped $1.18 to finish at $8.62 with 43,433 shares clearing the market, General Accident lost 44 cents and ended at $6 in an exchange of 83,039 stock units. Guardian Holdings advanced $1.50 to $303 with 787 units changing hands, Jamaica Broilers rose 48 cents to $37.99 with 3,188 stocks crossing the exchange, the Jamaica Producers shed $2 and ended at $24 with investors snapping up a total of 300,107 shares. Jamaica Stock Exchange gained 40 cents to close at $13.39 with 426 stock units crossing the market, Kingston Wharves climbed $1.61 to end at $31.50 after an exchange of 4,367 stock units, Scotia Group increased $1.98 to finish at $56.98 with a transfer of 28,121 stocks. Seprod rallied $4.10 and ended at $89.10 with 13,649 shares passing through the market and Supreme Ventures dropped $1.37 to close at a 52 weeks’ low of $20.08 with traders dealing in 881,804 stock units.
In the preference segment, 138 Student Living preference share rose $43 to close at $270 with 44 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market stocks pull back

February 5, 2025 by IC Insider.com

On a light trading session, the Jamaica Stock Exchange Main Market ended with declines in the market indices on Wednesday as Transjamaican Highway snapped up the largest share of the day’s traded volume, after dropping 39 percent, with a 71 percent lower value than on Tuesday, following trading in 58 securities down from 62 on Tuesday, with prices of 20 rising, including Seprod that jumped $4.10 to lead the winners, 23 declining and 15 ending unchanged.

The market closed with 10,786,528 shares being traded at $74,668,059, down from 17,763,087 stock units at $261,676,546 on Tuesday.
Trading averaged 185,975 shares at $1,287,380 compared to 286,501 stocks for $4,220,589 on Tuesday and month to date, an average of 187,760 stock units at $2,060,924 compared with 188,609 shares at $2,428,675 on the previous day and January ending with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.65 million shares for 24.6 percent of total volume followed by Wigton Energy with 2.28 million stocks for 21.1 percent of the day’s trade and Sagicor Select Financial Fund with 1.03 million units for 9.6 percent of the volume traded.
The All Jamaican Composite Index dropped 1,532.52 points to 383,262.39, the JSE Main Index dipped 1,024.19 points to close at 332,094.96 and the JSE Financial Index shed 0.59 points to end at 68.34. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, AS Bryden dropped 53 cents to end at $30.07 with a mere 15 shares switching owners, Berger Paints popped 40 cents to close at $8.30 with 12 stocks traded, Caribbean Cement slipped $3.85 to end at $83 after a transfer of 56,963 shares. Eppley sank 48 cents in closing at $36 as investors exchanged 87 stock units, First Rock Real Estate dipped $1.18 to finish at $8.62 with 43,433 shares clearing the market, General Accident lost 44 cents and ended at $6 in an exchange of 83,039 stock units. Guardian Holdings advanced $1.50 to $303 with 787 units changing hands, Jamaica Broilers rose 48 cents to $37.99 with 3,188 stocks crossing the exchange, Jamaica Producers shed $2 and ended at $24 with investors snapping up 300,107 shares. Jamaica Stock Exchange gained 40 cents to close at $13.39 with 426 stock units crossing the market, Kingston Wharves climbed $1.61 to end at $31.50 after an exchange of 4,367 units, Scotia Group increased $1.98 to finish at $56.98 with a transfer of 28,121 stocks. Seprod rallied $4.10 and ended at $89.10 with 13,649 shares passing through the market and Supreme Ventures dropped $1.37 to close at a 52 weeks’ low of $20.08 with traders dealing in 881,804 stock units.

In the preference segment, 138 Student Living preference share rose $43 to close at $270 with 44 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Kgn Wharves dominates JSE trading

February 4, 2025 by IC Insider.com

Kingston Wharves captures just over 40 percent of the volume traded and just under 73 percent of the value of stocks traded, leading to a 239 percent jump in the volume of stocks traded and a 656 percent surge in the value over Monday. Trading ended after exchanges in 62 securities up from 60 on Monday, with prices of 23 rising, 22 declining and 17 ending unchanged, with sizable drops in the major indices of the Jamaica Stock Exchange on Tuesday.

The market closed with 17,763,087 shares trading for $261,676,546 up from just 5,247,225 stock units at $34,621,784 on Monday.
Trading averaged 286,501 shares at $4,220,589 well above 87,454 stocks at $577,030 on Monday and for the month to date, an average of 188,609 stock units at $2,428,675 up from 87,454 shares at $577,030 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Kingston Wharves led trading with 7.33 million shares for S190.5 million, with 41.2 percent of total volume followed by Transjamaican Highway which ended with 3.78 million stocks for 21.3 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.66 million stock units for 9.4 percent of the volume traded and Carreras with 1.11 million shares for 6.3 percent of stocks that were traded.
The All Jamaican Composite Index dived 4,149.71 points to settle at 384,794.91, the JSE Main Index dropped 2,999.25 points to finish at 333,119.15 and the JSE Financial Index shed 0.93 points to 68.93. The Investor’s Choice bid-offer indicator shows nine 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 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Berger Paints slipped 40 cents to $7.90 with investors dealing in 4,110 shares, Caribbean Cement rose $4.85 to $86.85 after an exchange of 33,090 stock units, Eppley Caribbean Property Fund gained $1 to end at $38 with a mere one share trading. General Accident popped 42 cents to close at $6.44 with 2,744 stock units crossing the exchange, GraceKennedy increased $1.50 to finish at $73.50 with a transfer of 15,924 shares, Guardian Holdings climbed 50 cents and ended at $301.50 with 721 units passing through the market. Jamaica Broilers lost 49 cents to sit at $37.51 with investors trading 10,116 stocks, Jamaica Stock Exchange sank 43 cents to close at $12.99 with 5,195 stock units crossing the market JMMB Group shed $1 to finish at $21.50 with investors trading 36,486 shares. Kingston Wharves declined $3.61 and ended at $29.89 with an exchange of 7,325,025 stock units, Pan Jamaica advanced 44 cents to end at $56.94 with 426 stock units changing hands, Scotia Group fell $4 to close at $55 with traders dealing in 68,740 units and Seprod dropped 60 cents to $85 with 2,223 stocks switching owners.

In the preference segment, Eppley 7.75% preference share rallied 60 cents to $19.80 with 298 shares crossing the market, Jamaica Public Service 7% sank $4.50 to finish at $36 in trading 152 stock units and 138 Student Living preference share popped $3 and ended at $227 after 10 units were exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market starts February in the black

February 3, 2025 by IC Insider.com

The Jamaica Stock Exchange Main Market rallied into February with big gains in the major market indices at the end of trading on Monday with a moderate gain for the year to date, following the decline in January. Trading dropped well below that on Friday with the volume of stocks exchanged declining 75 percent and the value 84 percent lower than on Friday, following trading in 60 securities up from 58 on Friday, with prices of 15 rising, 30 declining and 15 ending unchanged.

The market closed with 5,247,225 shares trading for $34,621,784 down from 21,163,301 stock units at $212,963,026 on Friday.
Trading averaged 87,454 shares at $577,030 compared to 364,885 stocks for $3,671,776 on Friday and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway was the lead trade with 1.76 million shares for 33.5 percent of total volume followed by Radio Jamaica with 1.10 million units for 21 percent of the day’s trade and Wigton Energy with 423,488 stocks for 8.1 percent of the volume traded.
The All Jamaican Composite Index gained 2,550.43 points to close at 388,944.62, the JSE Main Index advanced 1,899.29 points to finish at 336,118.40 and the JSE Financial Index climbed 0.57 points to end at 69.86. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, AS Bryden climbed $1.10 to close at $30.60 with 155 stocks being traded, Caribbean Cement fell $4.90 to end at $82 as investors exchanged 8,319 stock units, Eppley Caribbean Property Fund sank $1 and ended at $37 with 82 shares crossing the market. GraceKennedy popped $1.98 to finish at $72 with investors swapping 18,304 stock units, Guardian Holdings shed $3 to close at $301 in an exchange of 355 shares, Jamaica Producers dropped $1 to end at $26 with traders dealing in 3,007 stocks. JMMB Group rallied 40 cents to $22.50 in an exchange of 44,517 units, Pan Jamaica sank 47 cents to close at $56.50 with investors trading 2,830 stock units, Proven Investments dipped $1 to end at $18.50 with 373,882 shares crossing the exchange. Scotia Group lost $1 in closing at $59 with a transfer of 23,939 stocks, Seprod rose $1.35 and ended at $85.60 with 6,817 units crossing the market and Stanley Motta advanced 68 cents to finish at $7.42 in trading 493 stock units.

In the preference segment, Jamaica Public Service 7% skidded $2.50 to $40.50 with 448 shares passing through the market, 138 Student Living preference share fell $20.38 to end at $224 with 53 stock units changing hands and Productive Business Solutions 10.5% preference share declined $63 in closing at $1,050 with an exchange of 188 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Main Market stocks rally into January end

January 31, 2025 by IC Insider.com

Trading on Friday pulled back from the lofty levels on Thursday on the Jamaica Stock Exchange Main Market, with a 36 percent decline in volume at a 79 percent lower the value, following activities in 58 securities down from 60 on Thursday and ending with prices of 27 rising, 16 declining and 15 ending unchanged leading the market indices to rise but fell behind the close for 2024.

The market closed with 21,163,301 shares trading for $212,963,026 down from the heavy trading on Thursday when 33,308,007 stock units crossed the market for $1,000,353,283.
Trading averaged 364,885 shares at $3,671,776 compared with 555,133 stocks at $16,672,555 on Thursday and month to date, an average of 257,074 units at $2,582,065 up from 252,150 shares at $2,532,298 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Investors exchanged 8.62 million Wigton Energy shares to lead trading with for 40.7 percent of total volume followed by Carreras with 5.13 million stocks for 24.2 percent of the day’s trade. Transjamaican Highway closed with 2.13 million shares for 10.1 percent of the volume traded and Radio Jamaica with 1.04 million units for 4.9 percent of market trades.
The All Jamaican Composite Index rose 2,039.04 points to 386,394.19, the JSE Main Index climbed 1,440.86 points to wrap up trading at 334,219.11 and the JSE Financial Index rallied 0.79 points to finish at 69.29. The Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden slipped $1.10 to close at $29.50 after 9,541 stocks were traded, Caribbean Cement rose $4.39 to $86.90 with 18,900 units crossing the exchange, Eppley lost 50 cents and ended at $36.50 with 276 shares changing hands. GraceKennedy sank $3.88 to end at $70.02 as 68,898 stock units passed through the market, Guardian Holdings shed $4.70 in closing at $304 with investors trading 3,299 shares, Jamaica Producers popped $3 to finish at a 52 weeks’ high of $27 with an exchange of 94,130 stock units. Kingston Properties fell 40 cents to $9.19 after trading 208,167 stocks, Kingston Wharves gained 91 cents to close at $33.80 after a transfer of 5,489 units, MPC Caribbean Clean Energy sank $4.99 and ended at $65.01 in trading just 2 stock units. Pan Jamaica rose $2.99 in closing at $56.97 with 125,100 units crossing the market, Sagicor Group advanced $2 to finish at $42 after an exchange of 180,175 shares, Scotia Group rose by 50 cents to end at $60 with investors dealing in 20,842 stock units and Wisynco Group rallied 50 cents in closing at $22.40 after an exchange of 98,586 shares.
In the preference segment, Productive Business Solutions 10.5% preference share rose $63 to $1,113 with 288 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

$883m Grace & NCB shares traded on the JSE Main Market

January 30, 2025 by IC Insider.com

GraceKennedy and NCB Financial were the two most prominent traded stocks on the Jamaica Stock Exchange Main Market on Thursday, pushing the volume of stocks traded up by 64 percent and the value 469 percent higher than on Wednesday, with both stocks accounting for 45 percent of the volume and 88 percent in value with the market ending with trading in 60 securities compared with 61 on Wednesday, with prices of 17 rising, 22 declining and 21 ending unchanged.

The market closed with 33,308,007 shares trading for $1,000,353,283 up from 20,258,733 stock units at $175,672,244 on Wednesday.
Trading on Thursday ended with an average of 555,133 stock units at $16,672,555 well over the 332,110 shares that were exchanged for $2,879,873 on Wednesday and for the month to date, an average of 252,150 units at $2,532,298 versus 237,126 shares at $1,831,129 on the previous day and December with an average of 967,720 stock units at $18,390,902.
NCB Financial led trading with 9.02 million shares with a value of $432 million, for 27.1 percent of total volume followed by GraceKennedy with 6.0 million stocks valued at $432 million, for 18 percent of the day’s traded volume, JMMB Group 7.35% – 2028 closed with 5.18 million stocks for 15.5 percent of the volume traded, Sagicor Select Financial Fund with 4.62 million units for 13.9 percent of the day’s trade, Wigton Energy ended with 2.48 million units for 7.4 percent of the market’s volume and Transjamaican Highway with 2.29 million units for 6.9 percent of market share.
The All Jamaican Composite Index inched a mere 15.69 points higher to close at 384,355.15, the JSE Main Index gained 117.82 points to finish at 332,778.25 and the JSE Financial Index slipped 0.42 points to 68.50. The Investor’s Choice bid-offer indicator shows nine 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 15.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activities, AS Bryden fell $1.10 to end at $30.60 in switching ownership of 2,694 stocks, Caribbean Cement declined by $2.49 in closing at $82.51 after trading 74,900 units, General Accident rallied 43 cents to $6.45 after a transfer of 116,494 shares. GraceKennedy increased 70 cents to close at $73.90 after 6,004,166 stock units changed hands, Guardian Holdings popped $6.70 and ended at $308.70 after an exchange of 2,363 shares, Jamaica Producers dropped $1 to finish at $24 with 703 stocks crossing the market. JMMB Group climbed 85 cents to $22.10 with traders dealing in 137,439 units, Kingston Properties rose 41 cents to close at $9.59 after an exchange of 303,063 stock units, Kingston Wharves gained 39 cents and ended at $32.89 with the trading of 66,997 shares. Massy Holdings advanced $1.51 to end at $84 with investors swapping 151,402 stocks, Mayberry Group shed 46 cents in closing at $7.53 in an exchange of 3,210 units, Mayberry Jamaican Equities declined 59 cents to finish at $9.40 with investors trading 1,540 stock units and Sygnus Credit Investments rose 74 cents to $12.74 in an exchange of 18,612 shares.
In the preference segment, Jamaica Public Service 7% advanced $1 to end at $43 with investors dealing in 107 stocks, Jamaica Public Service 9.5% popped $4 in closing at $2,690 with a transfer of 40 units. 138 Student Living preference share sank $43.12 to finish at $244.38 as investors exchanged 37 stock units and Productive Business Solutions 10.5% preference share skidded $49.99 and ended at $1,050 in trading 130 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE Main Market

January 29, 2025 by IC Insider.com

Stocks ended with solid gains that lifted the Jamaica Stock Exchange Main Market on Wednesday, after a 25 percent rise in the volume of stocks traded carrying a 31 percent greater value than Tuesday, with trading in 61 securities up from 59 on Tuesday, with prices of 21 rising, 19 declining and 21 ending unchanged.

The market closed with trading of 20,258,733 shares at $175,672,244 up from 16,260,410 stock units at $133,744,634 on Tuesday. Trading ended with an average of 332,110 shares at $2,879,873 well above 275,600 stocks at $2,266,858 on Tuesday and for the month to date, an average of 237,126 units at $1,831,129 compared with 232,083 shares for $1,775,451 previously and December with an average of 967,720 stock units at $18,390,902.
JMMB Group 7.25% preference share due 2024 led trading with 4.0 million shares for 19.7 percent of total volume followed by Transjamaican Highway which ended with 3.84 million stocks for 18.9 percent of the day’s trade, Wigton Energy closed with 2.16 million stocks for 10.7 percent of the volume traded, Sagicor Select Financial Fund with 1.93 million units for 9.5 percent of the market share, Radio Jamaica ended with 1.43 million stocks for 7.1 percent of the volume traded and Carreras with 1.26 million units for 6.2 percent of shares traded.
The All Jamaican Composite Index climbed 834.58 points to 384,339.46, the JSE Main Index rose 1,088.61 points to close trading at 332,660.43 and the JSE Financial Index advanced 0.89 points to 68.92. The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Carreras sank 40 cents to end at $14 with investors trading 1,264,445 stocks, Guardian Holdings increased $1 in closing at $302 with 167 stock units changing hands, Jamaica Broilers skidded 50 cents to $38 with traders dealing in 160,105 shares. Jamaica Producers climbed $1 and ended at $25 after a transfer of 180,530 stock units, JMMB Group rose 65 cents to close at $21.25 with investors swapping 203,824 shares, Kingston Properties fell 37 cents to finish at $9.18 with a transfer of 446,311 stock units. Kingston Wharves gained 78 cents and ended at $32.50 with 6,001 stocks crossing the market, Lasco Manufacturing declined 74 cents to $7.26 with investors trading 54,898 units, Mayberry Group popped 47 cents to finish at $7.99 after an exchange of just one share. Mayberry Jamaican Equities rallied 62 cents to close at $9.99 in trading 751 stock units, Sagicor Group advanced $1 to end at $40 with 24,563 stocks crossing the exchange, Stanley Motta shed 96 cents in closing at $6.74 with investors dealing in 899 stock units and Sygnus Credit Investments dropped 50 cents to $12 after 815,769 shares passed through the market.
In the preference segment, Jamaica Public Service 7% sank $1.95 and ended at $42 as investors exchanged 14 units, 138 Student Living preference share popped $49.50 to finish at $287.50 and closed with an exchange of 37 stocks. Productive Business Solutions 10.5% preference share gained $44.99 to close at $1,099.99 after an exchange of just two stock units and Sygnus Credit Investments C10.5% rose $2.20 in closing at $103.50 with 1,098 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big drop for JSE Main Market

January 28, 2025 by IC Insider.com

Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with a 24 percent rise in the volume of stocks exchanged with a 108 percent greater value than on Monday, following trading in 59 securities compared with 61 on Monday, with prices of 17 rising, 27 declining and 15 ending unchanged and resulted in a big drop in the market’s value.

Trading ended with an exchange of 16,260,410 shares at $133,744,634 up from 13,163,986 stock units at $64,249,076 on Monday. Trading averaged 275,600 shares at $2,266,858 compared to 215,803 stocks for $1,053,264 on Monday and month to date, an average of 232,083 stock units at $1,775,451 compared with 229,728 shares at $1,748,852 on the previous day and December that ended with an average of 967,720 stock units at $18,390,902. Transjamaican Highway led trading with 5.91 million shares for 36.4 percent of total volume followed by Sagicor Select Financial Fund ending with 1.96 million stocks for 12 percent of the day’s trade, JMMB Group closed with 1.36 million stocks for 8.4 percent of the volume traded, Wigton Energy with 1.30 million units for 8 percent of the day’s volume and Caribbean Producers with 1.26 million units for 7.7 percent of market share.

The All Jamaican Composite Index dived 4,134.96 points to end at 383,504.88, the JSE Main Index sank 3,422.55 points to finish at 331,571.82 and the JSE Financial Index fell 0.95 points to 68.03. The Investor’s Choice bid-offer indicator is showing 11 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 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025. At the close on a day of mostly falling prices, Caribbean Cement skidded $3 in closing at $85 in switching ownership of 13,615 stocks, Caribbean Producers rose 55 cents to $9 after the trading of 1,256,108 units, GraceKennedy gained 40 cents to end at $73.50 with 308,039 shares crossing the market. Jamaica Broilers lost 40 cents to finish at $38.50 with a transfer of 15,964 stock units, JMMB Group declined 40 cents and ended at $20.60 with 1,358,574 shares crossing the exchange, Kingston Properties popped 40 cents to close at $9.55 with investors trading 654,660 units.

Mayberry Group sank 47 cents to close at $7.52 in an exchange of 20,126 stock units, Mayberry Jamaican Equities slipped 63 cents to $9.37 after 2,003 stocks passed through the market, Proven Investments sank 68 cents to end at $19.50 in trading 382,551 shares. Sagicor Group dipped 99 cents in closing at $39 with 52,736 units changing hands, Scotia Group fell $1.99 to finish at $60 with an exchange of 34,345 stocks and Seprod dropped $1 and ended at $84.50 with 51,859 stock units clearing the market. In the preference segment, Productive Business Solutions 10.5% preferred shed $44.99 to end at $1,055 with investors swapping 116 shares and Sygnus Credit Investments C10.5% sank $2.20 to end at $101.30 after an exchange of 700 stocks.

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

PM Holness triggers Transjamaican selling

January 27, 2025 by IC Insider.com

The selloff in shares of Transjamaican Highway, Jamaica’s first toll-road operator continued on Monday following the announcement by the country’s Prime Minister of the sale of government interest in the company in a public offer. With that potential offer hanging over the market, investors would be more inclined to hold off buying currently and await the offer rather than tying up funds now, at a price that could head lower.

At the close of the day the stock dropped 17 cents to close at $4.03 in heavy trading that went as low as $3.87. Elsewhere, trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded overall declining 11 percent and the value 10 percent lower than on Friday, following trading in 61 securities compared with 60 on Friday, with prices of 25 rising, 22 declining and 14 ending unchanged.
The market closed with 13,163,986 shares trading for $64,249,076 down from 14,725,334 stocks at $71,113,191 on Friday. Trading averaged 215,803 shares at $1,053,264 just below 245,422 stocks at $1,185,220 on Friday and month to date, an average of 229,728 units at $1,748,852 compared with 230,553 shares at $1,790,087 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led trading with 9.17 million shares for 69.7 percent of total volume followed by Wigton Energy which ended with 790,747 stock units for 6 percent of the day’s trade and JMMB Group 7.35% – 2028 with 613,148 stocks for 4.7 percent of the volume traded.
The All Jamaican Composite Index rallied 3,023.20 points to 387,639.84, the JSE Main Index climbed 2,377.58 points to settle at 334,994.37 and the JSE Financial Index increased a mere 0.16 points to finish at 68.98. The Investor’s Choice bid-offer indicator shows 10 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 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a moderate day of trading, AS Bryden rose $1.79 and ended at $31.79 with 667 shares switching owners, Barita Investments declined 37 cents to $73.62 after a transfer of 4,026 stocks, Caribbean Cement rallied $1.80 to end at $88 with 4,537 units changing hands. Eppley Caribbean Property Fund popped $1 in closing at $38 in an exchange of 317 stock units, First Rock Real Estate climbed 77 cents to close at $9.97 with 62,629 shares passing through the market, GraceKennedy lost 80 cents to finish at $73.10 with investors dealing in 10,883 stock units. Guardian Holdings slipped $8 to $301 after an exchange of 4,500 stocks, JMMB Group increased 50 cents to close at $21 with 122,580 units crossing the market, Kingston Wharves gained $1.24 to end at $31.97 with an exchange of 46,289 shares. Margaritaville advanced 49 cents in closing at $14.69 with just 6 stocks being traded, NCB Financial fell 40 cents and ended at $50.10 with a transfer of 136,686 stocks, Sagicor Group popped $1.94 to finish at $39.99 with investors swapping 9,289 units. Seprod advanced $1.49 and ended at $85.50 after an exchange of 2,433 shares and Stanley Motta rose $1.29 to $7.70 in trading a mere 350 units.In the preference segment, Jamaica Public Service 9.5% sank $4 to close at $2,686 with 15 stocks crossing the exchange and 138 Student Living preferred share drpoped $40.87 to end at $238 with traders dealing in 54 stock units.

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

Robust bounce for JSE Main Market

January 24, 2025 by IC Insider.com

The Main Market of the Jamaica Stock Exchange enjoyed a robust bounce but ended the week on Friday still under water from three days of losses between Tuesday and Thursday following trading in 60 securities compared with 61 on Thursday, with prices of 22 rising, 18 declining and 20 ending unchanged, resulting in trading volume climbing 135 percent after 25 percent fewer funds flowed into the market compared to Thursday, with the news that the government plans on divesting its 20 percent holding in Transjamaican Highway seems to have induced some amount of selling in the stock, with the price slipping 5 cents.

At the close of the the Jamaica Stock exchange 14,725,334 shares were traded at $71,113,191 versus 6,256,844 stock at $94,236,504 on Thursday.
Trading averaged 245,422 shares at $1,185,220 versus 102,571 units at $1,544,861 on Thursday and for the month to date, an average of 230,553 shares were exchanged at $1,790,087 compared with 229,633 stocks at $1,827,540 on the prior day with an average of 967,720 stock at $18,390,902 in December.
JMMB Group 7.35% – 2028 led trading with 5.98 million shares for 40.6 percent of total volume followed by Transjamaican Highway which ended with 3.59 million stocks for 24.4 percent of the day’s trade and Radio Jamaica with 2.23 million stock units for 15.1 percent of the day’s trade.
The All Jamaican Composite Index jumped 4,007.11 points to finish at 384,616.64, the JSE Main Index climbed 2,488.97 points to close at 332,616.79 and the JSE Financial Index popped 1.42 points to settle at 68.82. The Investor’s Choice bid-offer indicator shows 12 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 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, AS Bryden dipped $1.77 and ended at $30 after an exchange of 9,288 stock units, Barita Investments climbed 49 cents to $73.99 with investors swapping 530 shares, Berger Paints rose 50 cents in closing at $8.30 in an exchange of 5,945 units. Caribbean Cement declined $1.79 to finish at $86.20 with 6,283 units being traded, GraceKennedy gained 40 cents to end at $73.90 after hitting a 52 weeks’ intraday low of $70 with a transfer of 65,107 shares, Guardian Holdings popped $8.90 to close at $309 with 30 stock units clearing the market. Jamaica Broilers shed 90 cents to close at $38.60 with traders dealing in 156,817 stocks, JMMB Group declined 40 cents to end at $20.50 with 69,516 stock units passing through the market, Kingston Wharves advanced 72 cents to close at $30.73 with investors trading 3,650 shares. Margaritaville lost 49 cents to close at $14.20 with 802 stocks crossing the market, Mayberry Group increased 48 cents and ended at $8 in trading 7,463 units, Pan Jamaica rallied $2.21 to finish at $54 after an exchange of 612 stock units. Proven Investments rose $2.58 to $20.50 with investors dealing in 302,665 shares, Sagicor Group climbed $1.05 to close at $38.05 in an exchange of 13,587 stock units, Scotia Group gained $1 and ended at $62 with investors trading 32,167 stocks. Seprod skidded 49 cents to end at $84.01 with an exchange of 368 units and Stanley Motta sank $1.59 to finish at $6.41 with 4,423 stocks crossing the market.
In the preference segment, Productive Business Solutions 10.5% preference share popped $165 to close at $1,100 with a transfer of just 7 units and Sygnus Credit Investments C10.5% slipped $5.50 to $103.50 with 1,914 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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