$17 billion Pan Jamaica trade

March 4, 2025 by

Trading surged on the Jamaica Stock Exchange Main Market on Tuesday following an exchange of a large volume of Pan Jamaica shares, with 344.37 million units of the company’s stock valued at $17.3 billion were exchanged, sending the volume and value of stocks traded in the market well above Monday’s outturn. Trading ended with the volume of stocks traded rising 2,572 percent and the value 25,943 percent more than Monday, with trading in 54 securities, down from 60 on Monday, with prices of 18 rising, 19 declining and 17 ending unchanged resulting in a slide in the market indices.

The market closed with 357,436,208 shares trading for $17,338,588,441 up sharply from 13,379,073 stock units at $66,575,572 on Monday.
Trading averaged 6,619,189 shares at $321,084,971 well above the 222,985 stocks at $1,109,593 on Monday and for the month to date, an average of 3,252,766 units at $152,676,877, up from an average of 405,332 stock units at $1,953,730 in February.
Pan Jamaica led trading with 344.37 million shares for 96.3 percent of total volume followed by JMMB 9.5% preference share with 7.05 million stocks for 2 percent of the day’s trade and Transjamaican Highway with 1.67 million units for 0.5 percent of the day’s volume.
The All Jamaican Composite Index sank 3,473.21 points to close at 380,551.37, the JSE Main Index dropped 2,147.94 points to finish at 327,609.96 and the JSE Financial Index declined 1.36 points to cease trading at 67.84. The Investor’s Choice bid-offer indicator shows 13 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 16.6. 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, Caribbean Cement increased by 37 cents to $87 with 2,387 stocks crossing the market, Carreras rose 95 cents in closing at a 52 weeks’ high of $15.90 with investors trading 288,876 shares, General Accident rose 70 cents to finish at $5.97 after 6,236 units passed through the market. Guardian Holdings rallied $2 and ended at $300 with an exchange of 16 stocks, JMMB Group popped 45 cents to close at $22.45 after 69,318 units changed hands, Kingston Properties advanced 70 cents to end at $9 with investors trading 60 stocks. Kingston Wharves skidded 36 cents in closing at $29.64 in switching ownership of 1,249 shares, Massy Holdings sank 50 cents to $77.50 with investors swapping 844 stock units, NCB Financial dipped $1.55 to end at a 52 weeks’ low of $46.10 after a transfer of 51,269 shares. 138 Student Living gained 36 cents to close at $3.96 with 1,315 stocks crossing the exchange, Pan Jamaica dropped $5.80 and ended at $53.10 with a transfer of 344,365,449 units, Proven Investments declined 84 cents to finish at $17.66 as investors exchanged 564 stocks. Salada Foods popped 52 cents to $3.58 in trading 2,583 shares and Sygnus Real Estate Finance fell 72 cents to end at $9 after an exchange of 2,789 stocks.
In the preference segment, Productive Business Solutions 10.5% preference share dropped $127 in closing at $893 with investors trading 550 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE Main Market dives into March

March 3, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 40 percent and the value 48 percent lower than on Friday, with trading in 60 securities compared with 62 on Friday, with prices of 19 rising, 28 declining and 13 ending unchanged, on the first day of trading in March.

The market closed with 13,379,073 shares trading for $66,575,572 compared with 22,307,712 stock units at $127,310,156 on Friday.
Trading ended with an average of 222,985 shares valued at $1,109,593 compared to 359,802 stocks at $2,053,390 on Friday and February that ended with an average of 405,332 units at $1,953,730.
Wigton Energy led trading with 4.03 million shares for 30.1 percent of total volume followed by Transjamaican Highway that ended with 3.29 million stocks for 24.6 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.14 million shares for 8.5 percent of the volume traded and Sagicor Select Financial Fund with 1.11 million units for 8.3 percent of the market share.
As is commonly accepted at the start of the month, the All Jamaican Composite Index shed 532.57 points to end at 384,024.58, the JSE Main Index dropped 1,611.89 points to conclude trading at 329,757.90 and the JSE Financial Index rose 0.02 points to settle at 69.20. 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 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 financial year ending around August 2025.
At the close of the market, AS Bryden fell $2.87 to $28.13 after the transfer of 1,843 stocks, Caribbean Cement declined $1.37 to end at $86.63 as investors exchanged 3,635 units, First Rock Real Estate sank 73 cents in closing at $8.56 with 1,230 shares clearing the market. General Accident fell 90 cents and ended at $5.27 with traders dealing in 11,451 stock units, Guardian Holdings dipped $6 to close at $298 with 428 shares crossing the exchange, Jamaica Broilers sank 94 cents to finish at $36.50 with investors swapping 1,497 units. JMMB Group shed 45 cents and ended at $22 with 40,293 stocks passing through the market, Kingston Properties dropped $1.15 to $8.30 in trading 12,090 stock units, Massy Holdings skidded $3.30 in closing at $78 with 608 shares changing hands. Mayberry Group increased 45 cents to end at $7.85 after 7,421 stocks were traded, 138 Student Living slipped 40 cents to $3.60 with investors dealing in 5,186 units, Sagicor Group climbed 51 cents to close at $42.50 in an exchange of 24,620 stock units and Supreme Ventures lost 70 cents to close at $19.50 with investors trading 402,011 shares.

In the preference segment, JMMB Group 7.15% – 2028 rose 44 cents and ended at $2.99 with an exchange of 8,416 stocks, 138 Student Living preference share rallied $30 to end at $320 with 65 units crossing the market and Sygnus Credit Investments C10.5% popped $6.44 in closing at $102.50 in switching ownership of 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE main stocks climb into month end

February 28, 2025 by
The Main Market of Jamaica Stock Exchange ended the week and month on Friday, with gains in the market indices but ended lower than at the start of the year with the volume of stocks traded rising with a 16 percent bounce and a 56 percent higher value than on Thursday. Trading ended with an exchange of 62 securities, up from 58 on Wednesday, with prices of 31 rising, 16 declining and 15 ending unchanged.

The market closed with 22,307,712 shares being traded at $127,310,156 up from  19,286,971 stock units for $81,408,365 on Wednesday.
Trading averaged 359,802 shares at $2,053,390 compared with 332,534 stocks for $1,403,593 on Thursday and month to date, an average of 405,332 stock units for $1,953,730 versus 407,819 units at $1,948,286 on the previous day and January with an average of 257,074 stock units at $2,582,065.
At the end of trading, Wigton Energy led trading with 12.01 million shares followed by Transjamaican Highway with 2.08 million units and Proven Investments with 966,973 shares.
At the close of the market, the JSE Combined Market Index climbed by 524.60 points to 342,892.40, the All Jamaican Composite Index rallied 2,103.48 points to 384,557.15, the JSE Main Index eked out a gain of 222.47 points to 331,369.79 and the Financial Index gained 0.42 points to end up at 69.18.
The Main Market ended trading with an average PE Ratio of 15.7. 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 market activity, Kingston Wharves climbed $3.59 to close at $29.90 after 192,611 were traded, Investors exchanged 104,273 shares of Jamaica Broilers pushing the price up by $2.44 in closing at $37.44, Pan Jamaica ended with trading of 33,102 shares and rose $2 to $59, the Trinidadian based Massy Holdings climbed $1.30 to $81.30 after the trading of 527 shares, while Jamaica’s sole cement producer Caribbean Cement had trading in 51,676 and rose $1.26 to close at $88.00 and Sygnus Credit Investments saw trading of 21,350 stocks and gained 82 cents to close up to $13.05.
AS Bryden dropped $2.35 to $31 after an exchange of 3,286 stock units, Jamaica Producers declined by 70 cents in closing at $24.30 while trading 128,177 shares, First Rock Real Estate dropped 69 cents to $9.29 after investors exchanged 322,895 stocks units. Pulse Investments traded 198,910 shares and closed at a 52 weeks low of 82 cents, Proven Investments ended with trading of 966,973 units after declining 49 cents to $18.50, Supreme Ventures declined by 30 cents to close at $20.20 after trading at an intraday 52 weeks’ low of $18.73 with 859,556 shares changed hands and Salada Foods lost 30 cents in trading 5,180 shares at $3.35.
In the preference segment, Jamaica Public Service jumped $40 to $2,690, following trading of just one stock, JMMBG7.15% due 2030 closed with 47,648 being traded with the price falling 45 cents to $2.55,
Eppley 7.75% lost $1.41 to close at $18 after an exchange of 1,500 shares, Sygnus Credit 10% rose $15.50 to close at a record high of $115.5o after an exchange of 365 shares and Productivity Business Solutions fell $30 to close at $1,020 after trading at an intraday 52 weeks’ low of $892.50.

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Trading drops prices rise on JSE Main Market

February 27, 2025 by
Trading on the Main Market of the Jamaica Stock Exchange  on Thursday pulled back from a more robust market on Wednesday, with all indices rising as the market ended with the volume of stocks traded declining 23 percent and the value 68 percent lower than on Wednesday, with activities in 58 securities compared with 61 on Wednesday, with prices of 22 rising and exceeded 18 declining while 18 ended unchanged.

The market closed with 19,286,971 shares trading for $81,408,365 down from 24,970,016 stock units at $256,239,904 on Wednesday. Trading averaged 332,534 shares at $1,403,593 down from 409,345 stocks at $4,200,654 on Wednesday and for the month to date, an average of 407,819 units at $1,948,286 compared with 411,873 shares at $1,977,620 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Wigton Energy led trading with 5.04 million shares for 26.1 percent of total volume followed by Sagicor Select Financial Fund which ended with 4.48 million stocks for 23.2 percent of the day’s trade, Transjamaican Highway closed with 2.07 million stock units for 10.7 percent of the total volume, Radio Jamaica closed with 1.43 million units for 7.4 percent of the total trades, QWI Investments ended with 1.35 million units for 7 percent of the volume traded and Sterling Investments with 1.26 million units for 6.5 percent of market share.
The All Jamaican Composite Index rallied 2,547.41 points to 382,453.67, the JSE Main Index jumped 2,513.68 points to 331,147.32 and the JSE Financial Index rose 0.44 points to 68.76. The Investor’s Choice bid-offer indicator shows 12 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 16. 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.
This major winners at the close of trading are AS Bryden, the Seprod controlled Trinidad based distributor climbed $1.35 to close at $33.35 followed by Caribbean Cement with the rise of $1.24 to $86.74, while lottery promotors, Supreme Ventures rose $1.10 to $20.50. Conglomerates GraceKennedy and Pan Jamaica gained $1 to close at $73.50 and $1 to close at $57 respectively and the light and power company Jamaica Public Service 7% preference share rose $1 to close at $46.

The university student housing providers 138 Student Living preference share was the biggest loser, with a loss of $19 tin closing at  $290, and is followed by Productive Business Solutions preferred share dropped $5.95 and $96.05 also joining in the declining list is the Trinidadian head quartered Guardian Holdings close with a loss of $3 to finish at 304 and the Trinidad based and controlled conglomerate, Massy Holdings is down $2.50 to $80 and private equity financial institution, Sygnus Credit Investment ordinary share lost $0.70 to close at $12.23.

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Transjamaican drops as APO is priced

February 26, 2025 by
Transjamaican Highway led trading on Wednesday on the Jamaica Stock Exchange Main Market, investors cut the stock price down to $3.72 from $3.90 on Tuesday’s close and just above the price NROCC set for the 2.5 billion shares being offered to the market starting next week. The heavy trading in the stock helped push the volume of stocks traded up, 89 percent and the value 172 percent more than on Tuesday, with trading in 61 securities up from 56 on Tuesday and resulting in prices of 28 rising, 22 declining and 11 ending unchanged.

The market closed with 24,970,016 shares trading for $256,239,904 up robustly from 13,204,953 stock units at $94,301,130 on Tuesday.
Trading averaged 409,345 shares at $4,200,654 well above the 235,803 stocks at $1,683,949 on Tuesday and month to date, an average of 411,873 units at $1,977,620 which is in line with 412,025 shares at $1,844,150 on the prior day compared with January that averaged 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 6.73 million shares for 27 percent of total volume followed by Kingston Wharves which ended with 5.92 million stocks with 23.7 percent of the day’s trade, Wigton Energy closed with 4.96 million stocks for 19.9 percent of the volume traded, Sagicor Select Financial Fund closed with 2.26 million units for 9 percent of the total number of stocks traded and QWI Investments with 1.33 million units for 5.3 percent of market share.
The All Jamaican Composite Index rallied 1,414.29 points to conclude trading at 379,906.26, the JSE Main Index popped 1,321.74 points to 328,633.64 and the JSE Financial Index rose 0.62 points to 68.32.
The Investor’s Choice bid-offer indicator shows 15 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 15.7. 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.
138 Student living preferred was the top mover jumping $49.94 to $309 followed by Jamaica Public Service 7% preferred that rose $6.80 to $45. Eppley Caribbean Fund rose $3.39 to $39.45 and AS Bryden gained $3 to end at $32 while Kingston Wharves fell $3.79 to $26.20 and Grace Kennedy ended with a fall of $1.30 to $72.50.

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Trading jumps on the JSE Main Market

February 25, 2025 by
Trading picked on the Jamaica Stock Exchange Main Market on Tuesday, with a 109 percent jump in volume and a 149 percent climb in value than on Monday, with trading in 56 securities down from 61 on Monday, with prices of 19 rising, 21 declining and 16 ending unchanged.

The market closed with 13,204,953 shares trading for $94,301,130 up from 6,309,844 stock units at $37,898,847 on Monday.
Trading averaged 235,803 shares for $1,683,949 up from 103,440 stocks at $621,293 on Monday and month to date, with an average of 412,025 units at $1,844,150 in line with 422,305 shares at $1,853,495 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 3.64 million shares for 27.6 percent of total volume ahead of the public share offer by NROCC at an offer of 2.5 billion priced at $3.60. Wigton Energy followed with 2.45 million stocks for 18.6 percent of the day’s trade, Sagicor Select Financial Fund closed with 2.02 million stocks for 15.3 percent of the volume traded and Carreras with 1.77 million units for 13.4 percent of market trade.
The All Jamaican Composite Index rallied 547.34 points to close at 378,491.97, the JSE Main Index fell 246.87 points to close trading at 327,311.90 and the JSE Financial Index gained 0.27 points to 67.70. The Investor’s Choice bid-offer indicator shows 12 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 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, Berger Paints rose 72 cents to $7.87 in switching ownership of a mere 125 stocks, Caribbean Cement shed $1.97 in closing at $84.03 with investors dealing in 5,094 shares, Eppley Caribbean Property Fund fell $3.39 to end at $36.06 with 1,070 stocks clearing the market. First Rock Real Estate gained 70 cents in closing at $9.30 after an exchange of 20,930 units, Guardian Holdings lost $5.75 to finish at $304 with 57 stocks crossing the market, Jamaica Broilers sank $1.07 and ended at $35.22 as investors exchanged 6,060 shares. Jamaica Producers popped $1 to $25 in the trading of 113,640 stock units, JMMB Group rallied 85 cents to end at $22 with a transfer of 432,741 units, Margaritaville dipped 52 cents in closing at $14.20 with 22 stocks changing hands. NCB Financial sank 70 cents and ended at a 52 weeks’ low of $46.50 with investors trading 65,425 units, with bids to purchase the stock, looking weak. Pan Jamaica increased $6.24 to close at $56.79 after 43,380 shares passed through the market, Proven Investments skidded $1.23 to finish at $17.50 with investors swapping 431,095 stock units. Sagicor Group climbed $3.51 to $41.50 and closed with 99,566 shares changing hands, Scotia Group shed 60 cents and ended at $57.40 in trading 79,455 stock units, Seprod advanced $1.94 to close at $87 after a transfer of 39,910 units. Supreme Ventures declined $1.67 in closing at $19.30 with investors trading 53,948 stocks, Sygnus Credit Investments slipped 36 cents to end at $13 in an exchange of 7,328 units and Sygnus Real Estate Finance rose $1.02 to finish at $9.70 with traders dealing in 34,953 stocks.
In the preference segment, JMMB Group 7.15% – 2028 climbed 40 cents to $3 with just one share crossing the exchange, 138 Student Living preference share increased $19.56 to end at $259.56 after an exchange of 102 stock units and Sygnus Credit Investments C10.5% popped $1.30 in closing at $101.30 after a mere one share ended crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Falling stocks dominated JSE Main Market

February 24, 2025 by
Falling stocks dominated trading on the Jamaica Stock Exchange Main Market on Monday, with trading in 61 securities compared with 58 on Friday, with prices of just 13 rising, 30 declining and 18 ending unchanged following a 54 percent decline in the volume of stocks traded with a 77 percent lower value than on Friday.

The market closed with 6,309,844 shares trading for $37,898,847 down from 13,681,851 stock units at $ 165,127,354 on Friday.
Trading averaged 103,440 shares at $621,293 well below 235,894 stocks at $2,847,023 on Friday and month to date, an average of 422,305 units at $1,853,495 in line with the 443,941 shares traded at $1,937,104 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.31 million shares for 36.6 percent of total volume followed by Sagicor Select Financial Fund which ended with 1.17 million stocks for 18.6 percent of the day’s trade and Wigton Energy with 1.02 million units for 16.1 percent of the day’s volume.
The All Jamaican Composite Index fell 324.55 points to close trading at 377,944.63, the JSE Main Index slipped 215.42 points to wrap up trading at 327,558.77 and the JSE Financial Index dipped 0.07 points to 67.43. The Investor’s Choice bid-offer indicator shows 12 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 14.8. 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 market activities, Caribbean Cement increased $2 in closing at $86 after investors ended trading 3,152 stock units, while Eppley Caribbean Property Fund popped 35 cents to $39.45 with 104 units clearing the market, First Rock Real Estate sank 70 cents to finish at $8.60 with traders dealing in 7,380 shares. Guardian Holdings advanced $6.17 and ended at $309.75 after 12 stock units passed through the market, Jamaica Stock Exchange shed 37 cents to close at $13 in trading 73,074 shares, Massy Holdings sank $1.35 to end at $81.50 after an exchange of 55,133 units. NCB Financial lost 50 cents in closing at a 52 weeks’ low of $47.20 with investors dealing in 101,651 stocks, Pan Jamaica declined $5.35 to $50.55 with a transfer of 19,165 stock units, Sagicor Group rose 68 cents to finish at $37.99 after an exchange of 4,209 shares. Seprod fell 94 cents and ended at $85.06 with investors trading 5,986 stocks, Supreme Ventures gained 62 cents to end at $20.97 in an exchange of 38,736 units, Sygnus Credit Investments climbed 76 cents to close at $13.36 with investors swapping 30,913 stock units. Sygnus Real Estate Finance slipped $1.12 to $8.68 in switching ownership of 1,650 shares and Wisynco Group rallied 50 cents in closing at $22.30 after 41,475 stock units changed hands.
In the preference segment, Jamaica Public Service 9.5% dropped $40 to end at $2,650 with an exchange of just 1 unit. JMMB Group 7.15% – 2028 dipped 40 cents to close at $2.60 with 49,000 stocks changing hands, 138 Student Living preference share popped $30 and ended at $240 in an exchange of 25 units and Sygnus Credit Investments C10.5% skidded $1.30 to finish at $100 with investors trading 14,018 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market Friday bounce

February 21, 2025 by

Trading ended on Friday with a sharp bounce in the Jamaica Stock Exchange Main Market following a 63 percent jump in the volume of stocks traded with a 25 percent lower value than Thursday, flowing from trading in 57 securities down slightly from 58 on Thursday. Trading resulted in, prices of 25 shares rising, 14 declining and 18 ending unchanged.

The market closed with 15,065,778 shares trading for $82,569,896 up from 9,258,988 stock units with a value of $109,778,942 on Thursday.
Trading averaged 264,312 shares at $1,448,595 in contrast to 159,638 stocks at $1,892,740 on Thursday and month to date, an average of 659,748 units at $23,008,281 that is closely aligned with 689,021 shares at $24,604,258 on the previous day but well above February with an average of 405,332 stock units at just $1,953,730.
Wigton Energy led trading with 7.28 million shares for 48.3 percent of total volume followed by Transjamaican Highway that ended with 3.50 million stocks for 23.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.01 million stock units for 6.7 percent of the day’s total volume.
The All Jamaican Composite Index jumped 3,457.62 points to wrap up trading at 375,985.50, the JSE Main Index surged 3,847.52 points to close at 325,040.47 and the JSE Financial Index advanced 0.48 points to 67.17. The Investor’s Choice bid-offer indicator shows 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 15.1. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings projected by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints popped 83 cents to finish at $7.98 after an exchange of just 5 stock units, Eppley sank 45 cents and ended at $35 with 1,109 shares being traded, First Rock Real Estate increased 43 cents to $8.95 with an exchange of 123,765 stocks. General Accident climbed 72 cents to end at $5.72 with 2,465 units crossing the market, Guardian Holdings rose $18 in closing at $307 in trading 302 stocks, Jamaica Broilers rallied $1.49 to close at $35.24 after an exchange of 4,072 shares. Jamaica Producers gained $2 to close at $24 with 111,606 units passing through the market, Kingston Wharves advanced $1.30 to finish at $27.90 as investors exchanged 760 stock units, Massy Holdings popped $2.98 and ended at $80.98 with 71 shares switching owners. NCB Financial skidded $1.78 to end at a multiyear low of $42 with 90,433 stocks clearing the market. Pan Jamaica rallied $3.80 in closing at $57 in an exchange of 214,250 units, Sagicor Group sank 41 cents to close at $41.99 with investors dealing in 110,317 stock units and Scotia Group increased 82 cents to $56.82 in an exchange of 25,761 shares.
In the preference segment, Sygnus Credit Investments C10.5% climbed $4.93 and ended at $101.99 in trading 674 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market trading jumps

February 21, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 102 percent and the value 205 percent more than on Thursday, with trading in 58 securities down from 60 on Thursday, with prices of 25 rising, 15 declining including, NCB Financial that traded at a 52 weeks’ low of $47.20 and 18 ending unchanged resulting 18 ending unchanged and resulted in the Market indices climbing.

The market closed with 13,681,851 shares trading for 165,127,354 up from just 6,727,759 stock units at $51,740,145 on Thursday.
Trading averaged 235,894 shares at $2,847,023 well above 112,129 stocks at $862,336 on Thursday and in trading for the month to date, an average of 443,829 units at $1,937,104 up from 458,289 shares at $1,874,351 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Wigton Energy led trading with 3.62 million shares for 26.5 percent of total volume followed by QWI Investments which ended with 3.59 million stocks for 26.2 percent of the day’s trade and Transjamaican Highway with 1.54 million units for 11.2 percent of the day’s trade.
The All Jamaican Composite Index dipped 627.64 points to end at 378,269.18, the JSE Main Index rose 561.11 points to close at 327,774.19 and the JSE Financial Index slipped 0.52 points to 67.50. The Investor’s Choice bid-offer indicator shows five 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 14.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the week, Caribbean Cement dropped $2.49 to $84 after a transfer of 6,405 stock units, Eppley Caribbean Property Fund gained $3.55 to close at $39.10 with investors swapping 106 shares, Guardian Holdings fell $6.17 to end at $303.58 after just 13 units traded. JMMB Group rose 62 cents in closing at $21.20 as investors exchanged 65,793 stocks, Key Insurance rallied 38 cents and ended at $2.40 with the trading of 344 shares, Kingston Wharves increased $2.49 to finish at $29.99 after an exchange of 1,023 stock units. Massy Holdings climbed $2.85 and ended at $82.85 with investors trading 134,873 units, Pan Jamaica popped 60 cents to $55.90 with an exchange of 45,849 stocks, Sagicor Group dipped $2.69 in closing at $37.31 with 42,349 units changing hands. Salada Foods advanced 48 cents to close at $3.68 with investors dealing in 364 stocks and Sygnus Credit Investments sank 39 cents to end at $12.60 in switching ownership of 177,576 shares.

In the preference segment, Jamaica Public Service 7% slipped $6 to finish at $38 with 1,132 stock units clearing the market and Sygnus Credit Investments C10.5% fell $2.70 and ended at $101.30 in an exchange of 1,938 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops on JSE Main Market

February 20, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks that were exchanged declining by 47 percent and the value 16 percent lower than on Wednesday, following trading in 60 securities up from 54, with prices of 19 rising, 23 declining and 18 ending unchanged

The market closed with the trading of 6,727,759 shares at $51,740,145 compared with 12,754,102 stocks valued $61,851,097 on Wednesday.
Trading averaged 112,129 shares at $862,336 compared to 236,187 shares with a value of $1,145,391 on Wednesday and month to date, an average of 458,289 stock units at $1,874,351 compared to 484,882 shares at $1,952,099 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Transjamaican Highway continuing to face selling pressure following PM Holness’ announcement for the planned sale of the remaining shares held in the company by the government, led trading with 1.93 million shares for 28.7 percent of total volume followed by Wigton Energy which ended with 1.07 million units for 15.9 percent of the day’s trade and Wisynco Group with 854,787 stocks for 12.7 percent of the volume traded.
The All Jamaican Composite Index sank 1,453.75 points to 378,896.82, the JSE Main Index dropped 1,169.12 points to end at 327,213.08 and the JSE Financial Index lost 0.22 points to wrap up trading at 68.02. The Investor’s Choice bid-offer indicator shows eight 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 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activities, Barita Investments rallied 36 cents to finish at $73.86 with investors trading 1,405 stock units, Eppley Caribbean Property Fund fell by $3.90 and ended at $35.55 and closed with an exchange of just 2 units, First Rock Real Estate rose 58 cents to $9.16 after trading of 51,647 shares. Guardian Holdings climbed $1.75 to end at $309.75 with investors swapping 142 stock units, JMMB Group sank 91 cents in closing at $20.58, with the switching of ownership in 67,448 shares, Kingston Wharves skidded $2.50 to close at $27.50 with 5,804 stocks changing hands. Lasco Distributors popped 40 cents to $4.75 with traders dealing in 80,324 units, Salada Foods sank 47 cents in closing at $3.20 in an exchange of 500 stocks, Seprod dipped $1.50 to end at $86 with investors trading 10,926 units.  Supreme Ventures rose 69 cents to end at $20.34 after 159,544 stocks had passed through the market and Sygnus Credit Investments increased 44 cents to finish at $12.99 with investors trading 22,779 shares.
In the preference segment, Jamaica Public Service 9.5% advanced $4 to close at $2,690 as investors exchanged 4 stock units. 138 Student Living preference share lost $21.15 to close at $210 in trading 10 shares and Sygnus Credit Investments C10.5% rose $2.50 to end at $104 with as a mere one share passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

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