Sagicor Select Fund

Transjamaican grabs 89% of Jamaica Stock Exchange Main Market

April 4, 2025 by IC Insider.com

Transjamaican Highway, Jamaica’s major toll-road operator’s big trade on Friday, captured 89 percent of the stocks traded on the Jamaica Stock Exchange Main Market and was the main factor pushing the volume of stocks changing hands 168 percent higher than on Thursday, with a 48 percent lower value and resulting in trading in just 52 securities down from 57 on Thursday with prices of 22 rising, 16 declining and 14 ending unchanged.

The market closed with 69,176,426 shares trading worth $329,968,167, substantially above the 25,828,337 stock units with a value lower than $632,142,176 on Thursday.
Trading averaged 1,330,316 shares at $6,345,542 above the 453,129 stocks at $11,090,214 on Thursday and month to date, an average of 675,367 stock units at $5,135,302 compared with 479,635 shares at $4,773,622 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 61.59 million shares for 89 percent of total volume, followed by Wigton Energy with 1.85 million stocks for 2.7 percent of the day’s trade and Carreras with 1.60 million stock units for 2.3 percent of market share.
The All Jamaican Composite Index increased 1,379.00 points to close at 375,041.25, the JSE Main Index gained 1,496.05 points to end at 324,375.52 and the JSE Financial Index rose 0.47 points to 67.31. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, AS Bryden rose $1.50 to $31 with just one share being traded, Caribbean Cement climbed $1.93 to conclude trading at $86.93 with 3,052 units, Caribbean Producers sank 40 cents to close at $8.30 with a transfer of 10,244 shares. Eppley Caribbean Property Fund popped $4.49 to end at $37.49 with 51 stocks crossing the market, GraceKennedy climbed 67 cents in closing at $73.67 after an exchange of 22,644 stock units, Jamaica Broilers increased 93 cents to finish at $27.99 with 15,093 shares clearing the market. Jamaica Producers shed 50 cents and ended at $24 with an exchange of 275,236 stocks, Mayberry Group rallied 61 cents to $7.51 and closed after an exchange of just two units, Pan Jamaica dropped $1.79 in closing at $52.31 with investors trading 168,674 stock units. Sagicor Group gained 70 cents to finish at $43.70 with 61,936 shares crossing the market, Scotia Group rose 60 cents to close at $54 with 570,364 units switching owners, Seprod climbed 61 cents to end at $88.96 with 57,915 stocks passing through the market and Supreme Ventures popped 39 cents to $19.95 after an exchange of 91,261 stock units.

In the preference segment, 138 Student Living preference share sank $6.18 and ended at $190 with investors trading 105 shares, Sygnus Credit Investments 10% slipped $1 to a 52 weeks’ closing at low of $96 in an exchange of 5,811 stock units after trading at an intraday 52 weeks’ low of $83.30 and Sygnus Credit Investments C10.5% fell $14.90 to finish at $88.10 in the trading of 1,029 stocks.
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

NCB Financial leads JSE trading

April 3, 2025 by IC Insider.com

NCB Financial traded 12.85 million shares valued at just over $578 million on the Jamaica Stock Exchange Main Market ended on Thursday, the major driver in the value surging 532 percent more than on Wednesday from a declined by 27 percent drop in shares changing hands, with trading in 57 securities swapped similar to trading on Wednesday, ending with prices of 15 rising, 29 declining and 13 ending unchanged.

market closed with 25,828,337 shares trading for $632,142,176 compared to 35,151,057 stocks at $100,056,439 on Wednesday.
Trading averaged 453,129 units at $11,090,214 compared with 616,685 stocks at $1,755,376 on Wednesday and month to date, an average of 479,635 units at $4,773,622 falling below the 492,548 shares at $1,696,308 on the previous day and March with an average of 896,190 stock units at $20,804,277.
NCB Financial led trading with 12.85 million shares for 49.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 6.47 million stocks for 25.1 percent of the day’s trade, Transjamaican Highway closed with 3.08 million stock units for 11.9 percent of the volume traded and JMMB 9.5% preference share ended with 1.06 million shares for 4.1 percent of market trade with the price closing at a 52 weeks; low of $1.01.
The All Jamaican Composite Index slipped 1,783.85 points to 373,662.25, the JSE Main Index fell 2,156.94 points to finish at 322,879.47 and the JSE Financial Index fell 0.56 points to settle at 66.84. The Investor’s Choice bid-offer indicator shows 16 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 13.4. 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, Berger Paints rose 70 cents and ended at $8.99 with a transfer of 366 shares, Caribbean Cement slipped $1.97 to $85 with 37,777 stocks crossing the market, Caribbean Producers rallied 70 cents to close at $8.70 with an exchange of 4,394 shares. Eppley Caribbean Property Fund fell 50 cents to end at $33 with 2,230 stock units crossing the market, Jamaica Producers declined 70 cents to close at $24.50 with investors trading 151,326 units, Kingston Wharves shed 74 cents to finish at $28.75 with 13,099 stocks clearing the market. Margaritaville increased 73 cents to $13.90 as investors exchanged 1,100 units, Massy Holdings sank $2.47 to $78.53 and closed with an exchange of 15,054 shares, NCB Financial dipped $5 and ended at $44.99 with investors dealing in 12,852,020 stock units. Sagicor Group lost $1 to close at $43 in an exchange of 1,866 shares, Seprod popped 35 cents in closing at $88.35 with investors swapping 8,497 stocks and Supreme Ventures sank 83 cents to end at $19.56 with 16,009 stock units passing through the market.

In the preference segment, Eppley 7.25% preference share gained $2.99 to $20 with a mere one stock unit crossing the exchange, Jamaica Public Service 7% dropped $5.64 to end at $34.36 with 18 shares switching owners, 138 Student Living preference share skidded $33.82 to close at $196.18 after an exchange of 2 units. Sygnus Credit Investments 10% lost $3 to finish at a 52 weeks’ low of $97 with investors trading 600 stocks and Sygnus Credit Investments C10.5% fell $2 and ended at $103 after an exchange of 2,815 stock units after trading at a 52 weeks’ intraday low of $76.25.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises as JSE Main Market slips

April 2, 2025 by IC Insider.com

Trading rebounded on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 56 percent, but with just a two percent greater value than on Tuesday resulting from trading in 57 securities down from 60 on Tuesday, with prices of 19 advancing, 22 declining and 16 ending unchanged, with a fall in the Main market indices.

The market closed with 35,151,057 shares trading for $100,056,439, comfortably above Tuesday’s trade with 22,477,080 stock units for $98,411,558.
Trading averaged 616,685 shares at $1,755,376, up from 374,618 stocks at $1,640,193 on Tuesday and month to date, an average of 492,548 units at $1,696,308 well below March with an average of 896,190 stocks at $20,804,277.
Following the recent share sale by NROCC, trading in Transjamaican Highway has climbed in recent days, with the stock on Wednesday leading the market with 11.27 million shares for 32.1 percent of total volume followed by JMMB Group 10% preferred shares which ended with 10.08 million stocks for 28.7 percent of the day’s trade, Sagicor Select Financial Fund closed with 8.30 million stock units for 23.6 percent of the volume traded, Radio Jamaica closed with 1.69 million shares for 4.8 percent of the total volume and JMMB 9.5% preferred share with 1.18 million stocks for 3.3 percent of market share.
The All Jamaican Composite Index declined 2,749.97 points to 375,446.10, the JSE Main Index dipped 1,665.25 points to settle at 325,036.41 and the JSE Financial Index lost 1.00 points to close at 67.40. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and seven with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. 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 the market, AS Bryden rose $1.50 to finish at $29.50 with a transfer of just one share, Berger Paints rose $1.14 and ended at $8.29 with 7,684 stock units crossing the market, Caribbean Cement rose $3.97 to $86.97 after a transfer of 3,446 shares. Caribbean Producers declined 69 cents in closing at $8 with investors swapping 239,805 stocks, First Rock Real Estate sank $1.49 to end at $8.50 in an exchange of 6,000 units, GraceKennedy increased 35 cents to close at $73 with traders dealing in 11,019 stocks. Jamaica Broilers lost $1 in closing at a 52 weeks’ low of $27 in an exchange of 47,808 units, Kingston Wharves climbed $1.59 to close at $29.49 with investors trading 779 shares, Lasco Manufacturing advanced 61 cents in closing at $7.63 with 17,204 stock units switching owners. Massy Holdings rallied $1 to end at $81 with 30 shares changing hands, 138 Student Living dropped 72 cents and ended at $3.13 after an exchange of 1,492 units, Pan Jamaica fell $5.90 to finish at $54.10 after the trading of 61,257 stocks. Proven Investments rose 50 cents and ended at $17.50 with 102 stock units passing through the market, Sagicor Real Estate Fund shed 64 cents to $8 in trading 5,500 shares, Scotia Group sank 40 cents in closing at $53.60 with 152,345 units being traded. Seprod slipped $1.90 to finish at $88 as investors exchanged 14,305 stocks and Sygnus Real Estate Finance rallied $1.29 to end at $9.36 with 1,867 stock units clearing the market.
In the preference segment, Eppley 7.25% preference share skidded $2.99 to close at $17.01 with investors dealing in 59,068 shares. 138 Student Living preference share popped $30 to $230 after an exchange of 202 stock units and Sygnus Credit Investments C10.5% increased $14 to finish at $105 with investors trading 118 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading and prices dive on JSE Main market

April 1, 2025 by IC Insider.com

Stocks mostly dropped as trading pulled back sharply on the Jamaica Stock Exchange Main Market on Tuesday, with a 37 percent fall in the volume, valued 77 percent less than Monday resulting in an exchange of 60 securities up from 58 on Monday, with prices of just 10 rising, 34 declining and 16 ending unchanged, with the market indices plunging from the pressure of falling prices.

The market closed with 22,477,080 shares being traded for $98,411,558, down from 35,403,032 stock units at $428,792,197 on Monday.
Trading averaged 374,618 shares at $1,640,193, well below the 610,397 stocks for $7,392,969 on Monday and compared to March, with an average of 896,190 stock units at $20,804,277.
Fresh from the closure of the public share issue initiated by NROCC on behalf of Jamaica’s Government, Transjamaican Highway led trading with 15.83 million shares for 70.4 percent of total volume followed by Radio Jamaica that ended with 2.37 million stocks for 10.5 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.31 million stock units for 5.8 percent of the volume traded and Wigton Energy with 1.20 million shares for 5.3 percent of market share.
The All Jamaican Composite Index sank 4,984.16 points to end at 378,196.07, the JSE Main Index sank 3,402.63 points to 326,701.66 and the JSE Financial Index lost 0.36 points to conclude trading at 68.40. 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 13.7. 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 the market, Berger Paints fell $1.15 to finish at $7.15 with 758 shares clearing the market, Caribbean Cement sank 85 cents and ended at $83 in an exchange of 12,107 units, First Rock Real Estate rallied 39 cents to $9.99 with traders dealing in 604 shares. GraceKennedy dipped 35 cents in closing at $72.65 with 8,267 stock units being traded, Jamaica Broilers sank $2 to close at $28 with investors trading 246,623 stocks, Jamaica Producers declined 70 cents to end at $25.50 with 1,495 shares crossing the market. JMMB Group shed $1.69 in closing at $21 with trading in 24,763 stock units, Kingston Wharves dropped $1.10 to $27.90 with 173,141 stocks crossing the exchange, Lasco Manufacturing lost 78 cents to end at $7.02 with a transfer of 8,132 units. Massy Holdings skidded $1 to finish at $80 with investors swapping 3,309 shares, Mayberry Jamaican Equities slipped $2 and ended at $9.99 with 500 stock units changing hands, Proven Investments sank $1.95 to close at $17 in trading 14,697 units. Sagicor Group increased $1 to $44 with an exchange of 36,468 stocks, Scotia Group skidded 50 cents to end at $54 with 44,636 shares crossing the market, Seprod climbed 40 cents to close at $89.90 with investors trading 68 stock units. Supreme Ventures sank $2.98 and ended at $20.50 after a transfer of 27,207 stocks, Sygnus Real Estate Finance lost $1.42 to finish at $8.07 with investors dealing in 200 units and Wisynco Group shed 38 cents to close at $21.92 in an exchange of 18,113 stocks.
In the preference segment, Eppley 7.75% preference share dropped $2.45 to $18.05 with 952 units passing through the market, Jamaica Public Service 7% fell $5 to end at $40 after an exchange of 100 shares, 138 Student Living preference share slipped $33 in closing at $200 after an exchange of 28 stock units and Sygnus Credit Investments C10.5% declined $6.05 and ended at $91 as investors exchanged 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks charged higher on JSE Main Market

March 31, 2025 by IC Insider.com

Stocks charged higher in Jamaica Stock Exchange Main Market activity on Monday, with trading in 58 securities, up from 55 on Friday, with prices of 29 rising, 14 declining and 15 ending unchanged, with the volume of stocks traded declining 83 percent and the value 90 percent lower than on Friday, resulting in the All Jamaican Composite Index popping 5,173.84 points to 383,180.23, the JSE Main Index rallied 4,365.05 points to close at 330,104.29 and the JSE Financial Index gained 0.69 points to conclude trading at 68.76.

The market closed with 35,403,032 shares trading for $428,792,197, down from 211,546,624 stock units at $4,258,930,941 on Friday.
Trading averaged 610,397 shares at $7,392,969, well off from the 3,846,302 stocks at $77,435,108. Trading on Friday and month to date, an average of 896,190 units at $20,804,277, comparing favourably with 910,990 shares at $21,498,792 on the previous day and well above trading in February with an average of 405,332 stock units at $1,953,730.
Wigton Energy led trading with 15.17 million shares for 42.9 percent of total volume followed by Transjamaican Highway which ended with 5.60 million stocks for 15.8 percent of the day’s trade, Supreme Ventures closed with 4.08 million shares for 11.5 percent of the volume traded, Sagicor Group ended with 1.91 million units for 5.4 percent of the Main Market trades, Proven Investments chipped in with 1.35 million stock units for 3.8 percent of stocks traded and Sagicor Select Financial Fund with 1.02 million shares for 2.9 percent of the traded stocks.
The Investor’s Choice bid-offer indicator shows 16 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 15.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending around August 2025.
At the close, Berger Paints popped 35 cents to finish at $8.30 after an exchange of 20,109 shares, Eppley fell $2.12 and ended at $33.33 with investors swapping 2,489 stocks, Eppley Caribbean Property Fund slipped $5.50 to $33.50 with 8,580 shares crossing the market. GraceKennedy rallied 47 cents in closing at $73 in switching ownership of 29,083 units, Jamaica Producers rose $1.20 to end at $26.20 with traders dealing in 900,012 stock units, JMMB Group gained $2.69 to close at $22.69 539,352 shares crossing the market. Kingston Wharves advanced 55 cents to $29 with investors dealing in 241,242 stock units, Margaritaville sank $2.33 in closing at $13.17 after an exchange of 459 stocks, Massy Holdings climbed $1.50 to close at $81 with 462,244 units changing hands. Mayberry Group shed 60 cents to finish at $7 with investors trading 1,574 shares, Mayberry Jamaican Equities increased $1.39 and ended at $11.99 and closed with an exchange of 107,540 units, NCB Financial popped $4.93 to end at $50 with 245,795 stocks being traded. Pan Jamaica rallied $1.50 to $60 with investors trading 147,528 stock units, Proven Investments rose $1.62 and ended at $18.95 with 1,353,045 shares crossing the exchange, Sagicor Real Estate Fund climbed 35 cents to end at $8.65 after a transfer of 791,043 stock units and Supreme Ventures increased $2.48 in closing at $23.48 in trading 4,083,908 stocks.
In the preference segment, Eppley 7.25% preference share rallied 76 cents to finish at $20 after just one unit ended clearing the market, Eppley 7.75% preference share advanced $1.10 to close at $20.50 in an exchange of one stock, 138 Student Living preference share rose $33 to $233 after the trading of 228,656 units and Sygnus Credit Investments C10.5% declined $1.45 to end at $97.05 as investors exchanged 1,277 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

$3.7B Barita trade on Friday

March 28, 2025 by IC Insider.com

Trading climbed sharply on the Jamaica Stock Exchange Main Market and ended on Friday, with the volume of stocks traded rising 7 percent with the value surging a massive 804 percent over Thursday, with Barita Investments ending with an exchange of 50 million shares worth $3.67 billion, following trading in 55 securities compared with 59 on Thursday, with prices of 18 rising, 20 declining and 17 ending unchanged and resulted in the market recorded gains at the close.

The market closed with trading of 211,546,624 shares for $4,258,930,941, up from 197,123,972 stock units at $470,952,289 on Thursday.
Trading averaged 3,846,302 shares at $77,435,108, up from 3,341,084 stocks at $7,982,242 on Thursday and month to date, an average of 910,987 units at $21,498,705 well above 759,398 shares at $18,609,971 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 104.06 million shares for 49.2 percent of total volume followed by JMMB Group 10% preferred shares which ended with 50.87 million stocks for 24 percent of the day’s trade, Barita Investments closed with 50.01 million shares for 23.6 percent of the volume traded and Wigton Energy with 1.81 million units for 0.9 percent of market share.
The All Jamaican Composite Index popped 1,461.32 points to conclude trading at 378,006.39; at the same time, the JSE Main Index climbed 1,254.58 points to close at 325,739.24 and the JSE Financial Index rallied 0.62 points to end trading at 68.07.
The Investor’s Choice bid-offer indicator shows seven 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 15.3. 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 day of heavy trading, Berger Paints advanced 50 cents to finish at $7.95 with an exchange of just 77 stock units, Caribbean Producers popped 35 cents and ended at $8.65 with 5,508 shares crossing the market, Jamaica Producers gained $1 to close at $25 with investors trading 203,550 units. JMMB Group skidded $2.78 to $20 with 426,361 stocks changing hands, Massy Holdings rose $1.40 in closing at $79.50 with traders dealing in 843 shares, Mayberry Group rallied 58 cents to end at $7.60 in switching ownership of 3,352 stock units. Mayberry Jamaican Equities increased 60 cents to $10.60 with investors trading 58,504 units, Pan Jamaica climbed 50 cents to close at $58.50 after an exchange of 43,046 stocks, Scotia Group fell 50 cents in closing at $54.50 with a transfer of 16,062 shares. Seprod increased $1.50 and ended at $89.50 in the trading of 106,496 stock units, Supreme Ventures lost 50 cents to finish at $21 with investors dealing in 233,791 units and Transjamaican Highway dipped 39 cents to end at $3.80 and closed with an exchange of 104,060,443 stocks.
In the preference segment, Sygnus Credit Investments C10.5% sank $1.50 to $98.50 with 741 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JMMB preferred share tops Main Market

March 27, 2025 by IC Insider.com

Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with JMMB Group 10% Preference shares capturing 179.48 million or 91 percent of all the shares traded with a value of $357 million, pushing the volume of stocks traded in the Main Market soaring 566 percent, with the value jumping 275 percent over Wednesday, following trading in 59 securities similar to Wednesday, with prices of 24 rising, 19 declining and 16 ending unchanged.

The market closed with 197,123,972 shares being traded with a value of $470,952,289, markedly more than the 29,612,887 stocks with a value of $125,457,922 on Wednesday.
Trading averaged 3,341,084 shares at $7,982,242, far above the 501,913 stocks at $2,126,405 on Wednesday. Trading for the month to date, ended with an average of 759,398 units at $18,609,971 compared with 607,987 shares at $19,233,267 on the the prior day and February that ended with an average of 405,332 stock units at $1,953,730.
JMMB Group 10% preferred shares led trading with 179.48 million shares for 91.1 percent of total volume followed by Wigton Energy which ended with 8.50 million stocks for 4.3 percent of the day’s trade, Transjamaican Highway closed with 3.78 million stock units for 1.9 percent of the volume traded, Sterling Investments ended with 1.18 million share for 0.6 percent of the stocks traded and Kingston Wharves with 1.0 million stocks for 0.5 percent of market share.
The All Jamaican Composite Index shed 181.27 points to end at 376,545.07, the JSE Main Index fell 510.35 points to 324,484.66 and the JSE Financial Index dipped 0.32 points to conclude trading at 67.45. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 15.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings per share forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, AS Bryden sank $1.50 in closing at $28 with a transfer of 95 shares, Berger Paints dipped 49 cents to $7.45 with 1,248 stocks passing through the market, Caribbean Cement climbed 89 cents to end at $83.89 in trading 5,933 shares. Caribbean Producers sank 55 cents to finish at $8.30 with 25,952 stock units crossing the market, Eppley Caribbean Property Fund rose $1.50 and ended at $39 after a transfer of 6 shares, First Rock Real Estate gained $1 to close at $9.40 with 238 stocks switching owners. GraceKennedy shed 60 cents to close at $72.40 with trading in 20,432 units, Jamaica Broilers declined $5.08 to close at $30.25 in an exchange of 93,526 stock units, following the release of third quarter results that resulted in a loss for the quarter and dragging down the year to date profits to just $1.06. Jamaica Producers fell 40 cents to finish at $24, with 268,244 shares changing hands. Kingston Properties popped 42 cents and ended at $9.62 as investors exchanged 202,852 units, Mayberry Group slipped 92 cents in closing at $7.02 with 4,657 stocks changing hands, MPC Caribbean Clean Energy lost $1 to end at a 52 weeks’ low of $64 with an exchange of 150 stock units. Pan Jamaica advanced $1 to $58 with 187,300 shares crossing the market, Proven Investments increased 50 cents to close at $17.50 in an exchange of 551,820 stocks, Scotia Group rallied $1 to end at $55 with traders dealing in 143,899 units. Seprod dropped $1.50 in closing at $88 after an exchange of 3,531 stock units, Supreme Ventures popped 50 cents and ended at $21.50 with investors trading 52,463 shares and Wisynco Group advanced $1.09 to finish at $22.29 after an exchange of 119,827 stock units.
In the preference segment, Eppley 7.25% preference share rose 74 cents to $19.24 with investors dealing in 956 stocks, 138 Student Living preference share skidded $30 to end at $200 with 300 units crossing the exchange and Sygnus Credit Investments C10.5% sank $1 in closing at $100 with investors trading 579 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JMMB preferred tops JSE Main Market trades

March 26, 2025 by IC Insider.com

JMMB Group 10% preferred shares accounted for 35 percent of the volume traded on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks more than doubling trading on Tuesday, with the value being just over one and a half as high, following trading in 59 securities down from 60 on Tuesday, with prices of 28 advancing, 14 declining and 17 ending unchanged, while Scotia Group and Wisynco traded x-dividend.

The market closed after an exchange of 29,612,887 shares valued at $125,457,922, doubling the 14,713,604 stock units at $82,057,557 on Tuesday.
Trading averaged 501,913 shares at $2,126,405, up from 245,227 stocks at $1,367,626 on Tuesday. Month to date, the average ends at 607,987 units at $19,233,267, slightly lower than the 614,596 shares valued $20,299,059 on the previous day, up from February, with an average of 405,332 stock units at $1,953,730.
JMMB Group 10% preferred shares led trading with 10.42 million shares accounting for 35.2 percent of total volume, followed by Wigton Energy with 7.78 million stocks for 26.3 percent of the day’s trade, Transjamaican Highway closed with 4.40 million stock units for 14.9 percent of the volume traded and Palace Amusement with 2.55 million shares for 8.6 percent of market share.
The All Jamaican Composite Index dropped 2,002.36 points to end at 376,726.34, the JSE Main Index shed 680.33 points to conclude trading at 324,995.01 and the JSE Financial Index slipped 0.04 points to settle at 67.77.
The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
Trading on he Main Market ended with an average PE Ratio of 15.2. 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 rallied $1.50 to $29.50 after an exchange of 3,958 stock units, Berger Paints rose 79 cents to close at $7.94 after with the trading of 748 shares, Eppley Caribbean Property Fund lost 79 cents and ended at $37.50 with 789 units crossing the market. GraceKennedy gained 50 cents to end at $73 in an exchange of 5,436 stocks, Guardian Holdings popped $12 in closing at $307 with investors trading a mere one share, Massy Holdings shed $2 to finish at $78 with 20,270 units crossing the market. Proven Investments declined $1.49 to $17, with trading in 605,840 stocks, Sagicor Group advanced 85 cents to close at $43 with 7,377 stock units clearing the market, Scotia Group trading x-dividend increased by $1 to end at $54, with investors swapping 37,525 shares. Seprod climbed $4.48 in closing at $89.50 with 10,734 stock units switching owners, Stanley Motta increased 89 cents and ended at $6.84 with investors trading 1,456 stocks and Supreme Ventures climbed 82 cents to finish at $21 after a transfer of 111,274 units.
In the preference segment, Jamaica Public Service 7% rose $3.55 and ended at $45 and closed with 11 stocks being traded and Sygnus Credit Investments C10.5% advanced 79 cents to $101 as investors exchanged just one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Transjamaican Main Market volume leader

March 25, 2025 by IC Insider.com

Transjamaican Highway captured 48 percent of the total volume of stocks traded on the JSE Main Market on Tuesday on a day of shrunken trades, with the volume and value of stocks falling 32 percent and 28 percent, respectively, than Monday. At the close of market activities, investors exchanged 60 securities, the same as Monday, with prices of 23 rising, 23 declining and 14 ending unchanged as the market closed higher at the end of trading.

The market closed with 14,713,604 shares trading for $82,057,557, down from 21,696,953 stock units at $113,302,776 on Monday.
Trading averaged 245,227 shares at $1,367,626 well below the 361,616 stocks at $1,888,380 on Monday and month to date, an average of 614,596 stock units at $20,299,059, slightly below the 639,582 shares at $21,579,652 on the Monday compared with February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 7.01 million shares for 47.6 percent of the total volume, followed by Wigton Energy, ending with 2.88 million stocks for 19.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.30 million stock units for 8.8 percent of market share.
The All Jamaican Composite Index rallied 1,444.50 points to close at 378,728.70, the JSE Main Index gained 917.90 points to settle at 325,675.34 and the JSE Financial Index advanced 0.36 points to close at 67.81. The Investor’s Choice bid-offer indicator shows 13 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 14.9. 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, Berger Paints dropped 80 cents to end at $7.15 after an exchange of 759 shares, Eppley Property Fund gained $3.79 to close at $38.29 with investors trading 22 stocks, GraceKennedy shed $1 to finish at $72.50 in an exchange of 72,882 shares. Guardian Holdings popped $6 and ended at $295 with traders dealing in 110 stock units, Jamaica Broilers rallied $1.34 in closing at $35.34 after a transfer of 25,159 shares, JMMB Group rose 80 cents to close at $22.80 with 77,023 stock units switching owners. Lasco Manufacturing advanced 50 cents to $7.50 with 36,225 units changing hands, Margaritaville climbed 78 cents to end at $15.50 with 10 stocks crossing the exchange, Massy Holdings increased $2 in closing at $80 with investors dealing in 960 units. Mayberry Jamaican Equities popped 59 cents to finish at $10 with 870 stocks passing through the market, NCB Financial gained $1.95 and ended at $44.95 after an exchange of 12,249 shares, Proven Investments rose $1.44 to close at $18.49 with investors trading 302,924 stock units. Sagicor Group lost $1.35 to close at $42.15 after an exchange of 6,483 shares, Sagicor Real Estate Fund slipped 40 cents and ended at $8 with investors swapping 13,650 stocks, Scotia Group sank $3.70 to end at $53 with 380,744 stocks crossing the market. Seprod advanced 81 cents in closing at $85.02 as investors exchanged 855 units, Stanley Motta declined $1.05 to finish at $5.95 with a transfer of 10,232 shares, Sygnus Credit Investments sank 50 cents to close at $12.40 with 43,051 units crossing the market. Transjamaican Highway skidded 35 cents to $4.08 in trading 7,007,006 stocks and Wisynco Group fell 52 cents to finish at $21.30 after closing with an exchange of 42,384 stock units.
In the preference segment, Jamaica Public Service 9.5% dipped $40 and ended at $2,650 with 14 shares clearing the market and Sygnus Credit Investments 10% sank $10 to end at $100 in the trading of 650 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Wigton gobbles up 52% of JSE Main Market

March 24, 2025 by IC Insider.com

Wigton Energy led trading with nearly 52 percent of the total volume traded on the Jamaica Stock Exchange Main Market on Monday, but accounted for just under 11 percent of the value, with the trading volume rising 44 percent and the value 37 percent higher than on Friday, following trading in 60 securities up from 57 on Friday, with prices of 23 rising, 25 declining and 12 ending unchanged and Sagicor Group ending at 52 weeks’ high of $43.50.

Investors traded 21,696,953 shares at $113,302,776 comfortably above 15,065,778 stocks at $82,569,896 trading on Friday. Trading averaged 361,616 shares at $1,888,380 well above the 264,312 stock units at $1,448,595 on Friday and month to date, an average of 639,582 units at $21,579,652 within the vicinity of the 659,748 shares at $23,008,281 on the previous trading day and well below February that ended with an average of 405,332 stock units at only $1,953,730. Wigton Energy led trading with 11.20 million shares for 51.6 percent of total volume followed by Transjamaican Highway which ended with 3.78 million stock units for 17.4 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.83 million stocks for 8.4 percent of the volume traded and Sagicor Select Financial Fund with 1.57 million units for 7.2 percent of market share. The All Jamaican Composite Index popped 1,298.70 points to end at 377,284.20, the JSE Main Index slipped 283.03 points to close trading at 324,757.44 and the JSE Financial Index popped 0.28 points to 67.45. The Investor’s Choice bid-offer indicator shows 17 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. 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 for the market, Caribbean Cement skidded 95 cents to finish at $83.05 with 3,305 stocks switching owners, Eppley gained 40 cents and ended at $35.40 with investors trading 281 stock units, Eppley Caribbean Property Fund sank $1.50 to $34.50 in an exchange of 2,993 shares. First Rock Real Estate dipped 74 cents to close at $8.21 with 802 stock units crossing the market, General Accident fell 56 cents to end at $5.16 as investors exchanged 636 shares, Guardian Holdings shed $18 in closing at $289 with 70 stocks being traded. Jamaica Broilers declined $1.24 to $34 with traders dealing in 37,617 units, Jamaica Producers popped 49 cents to close at $24.49 after an exchange of 4,372 stock units, JMMB Group advanced 80 cents to finish at $22 with investors swapping 66,055 shares. Kingston Wharves rose $1 and ended at $28.90 with 2,472 units clearing the market, Lasco Manufacturing lost 50 cents to end at $7 in trading 40,017 stocks, Margaritaville dropped 78 cents in closing at $14.72 with 20 stock units passing through the market. Massy Holdings sank $2.98 to $78 with a transfer of 90,119 shares, while Mayberry Jamaican Equities slipped 45 cents to end at $9.41 with investors dealing in 11,901 stocks, NCB Financial climbed $1 in closing at $43 in an exchange of 67,320 units. Sagicor Group gained $1.51 and ended at 52 weeks’ high of $43.50 after trading of 14,649 stock units, Seprod sank $5.68 to close at $84.21 with an exchange of 82,776 shares and Supreme Ventures rallied $1 to finish at $20 with 14,619 stocks changing hands.
In the preference segment, Jamaica Public Service 7% skidded $4.54 and ended at $41.45 after an exchange of 100 units and Sygnus Credit Investments C10.5% sank $1.99 to $100 with investors trading 194 stock units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.