Trading surged on the Jamaica Stock Exchange Main Market on Friday, with a 240 percent surge in the volume of stocks traded following a 417 percent and a jump in value over Thursday, as Transjamaican Highway traded more than 36 million shares with a value of $114 million as the market closed with 62 securities trading compared with 54 on Thursday and resulted in prices of 26stocks rising, 13 declining and 23 ending unchanged.
Trading closed with 49,321,891 shares for $163,817,114 up from 14,522,075 units at just $31,656,097 on Thursday.
Trading averaged 795,514 shares at $2,642,212 compared to 268,927 units at $586,224 on Thursday and month to date, an average of 729,589 units at $3,850,69 compared to 725,808 units at $3,920,010 on the previous day and March with an average of 828,473 units at $2,341,254.
Transjamaican Highway led trading with 36.12 million shares for 73.2 percent of total volume followed by Sagicor Select Financial Fund with 4.29 million units for 8.7 percent of the day’s trade, Wigton Windfarm with 2.72 million units for 5.5 percent market share and Sagicor Select Manufacturing & Distribution Fund with 2.31 million units for 4.7 percent of total volume.
The All Jamaican Composite Index lost 592.66 points to lock up trading at 355,522.73, the JSE Main Index declined 152.35 points to 319,451.54 and the JSE Financial Index sank 0.34 points to lock up trading at 68.06.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden rose $1.49 and ended at $38.49, with 86 shares crossing the market, Caribbean Cement climbed $1 to $57 with an exchange of 26,366 stocks, Eppley fell 85 cents in closing at $38 and closed after an exchange of 2,580 shares. First Rock Real Estate rallied 50 cents to finish at $10 with traders dealing in 35,198 stock units, GraceKennedy popped 44 cents to close at $73.94 in switching ownership of 36,032 shares, Jamaica Stock Exchange sank 69 cents to end at $10.54, with 15,178 stock units changing hands. JMMB Group rallied $1.77 to $25.49 in an exchange of 49,184 units, Kingston Properties advanced 35 cents to finish at $8.10 after 105,500 stocks passed through the market, MPC Caribbean Clean Energy gained $4 and ended at $95 with a transfer of 99 units. 
NCB Financial rose $3.49 in closing at $64.49, with 98,273 stocks crossing the exchange, Proven Investments gained 99 cents to end at $20 in trading 20,311 shares, Sagicor Group declined $1.39 to close at $40.01 after a transfer of 20,296 units. Scotia Group shed $1.50 to $41.50 with investors exchanging 275,364 shares, Seprod popped $2.01 to end at $82 in an exchange of 21,585 stocks, Stanley Motta gained 78 cents to close at $6.12 with investors trading 3,286 units. Sygnus Credit Investments climbed 41 cents to close at $10.81 after an exchange of 23,442 stock units and Wisynco Group advanced 48 cents and ended at $21 with investors dealing in 51,699 shares.
In the preference segment, JMMB Group 7% preference share dropped 52 cents to finish at $2.92 after an exchange of 3,470 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market jumps Junior market limps higher
The Main Market of the Jamaica Stock Exchange climbed at the end of trading on Thursday as the Junior Market inched higher and JSE USD market closed lower as trading ended with the number of stocks changing hands rising, with the value dropping sharply from the previous trading day, resulting in prices of 21 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed by 2,382.17 points to 332,588.34, the All Jamaican Composite Index rallied 3,179.32 points to end at 356,115.39, the JSE Main Index jumped 2,452.20 points to end at 319,603.89. The Junior Market Index rose 4.51 points to settle at 3,760.71 and the JSE USD Market Index fell 3.34 points to cease trading at 237.54.
At the close of trading, 18,221,035 shares were exchanged in all three markets, up from 16,963,120 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $39.79 million, which below the $53.75, million on the previous trading day and the JSE USD market closed with an exchange of 257,793 shares for US$17,324 compared to 363,343 units at US$23,058 on Wednesday.
In Main Market activity, JMMB 9.5% preference share led trading with 9.03 million shares followed by Sagicor Select Financial Fund with 2.27 million stock units and Wigton Windfarm with 1.48 million units.
While in Junior Market trading, Dolla Financial led trading with 1.09 million shares followed by Spur Tree Spices with 789,268 stocks and Fosrich with 589,091 units.
In the preference segment, Productive Business Solutions 10.5% preference share declined $165 and ended at $1,035 and Sygnus Credit Investments C10.5% advanced $4 in closing at $108.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20 on 2023-24 earnings and 13.4. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. 
This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Moderate Main Market activity
Lacklustre trading on the Jamaica Stock Exchange Main Market ended with more shares rising than falling, resulting in moderate movement in the market Indices on Wednesday, with the volume of stocks traded rising marginally and the value 14 percent lower than on Tuesday, resulting from trading in 57 securities compared with 55 on Tuesday, with prices of 23 stocks rising, 14 declining and 20 ending unchanged.
The market closed on Wednesday with trading of 13,267,148 shares carrying a value of $45,775,484 compared with 13,015,565 units at $53,310,714 on Tuesday.
Trading averaged 232,757 shares for $803,079 compared to 236,647 units at $969,286 on Tuesday and month to date, an average of 749,831 stocks at $4,095,302 compared to 780,216 units at $4,288,763 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
JMMB Group 7.35% – 2028 led trading with 5.56 million shares for 41.9 percent of total volume followed by Wigton Windfarm with 2.37 million units for 17.9 percent of the day’s trade, Sagicor Select Financial Fund with 2.05 million stocks for 15.5 percent market share and Transjamaican Highway with 1.48 million stock units for 11.1 percent of total volume.
The All Jamaican Composite Index slipped 967.20 points to wrap up trading at 352,936.07, the JSE Main Index skidded 87.43 points to conclude trading at 317,151.69 and the JSE Financial Index dipped 0.11 points to end the day at 67.61.
The Main Market ended trading with an average PE Ratio of 12.9. 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.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden sank $3.79 and ended at $33.31 in switching ownership of 542 shares, First Rock Real Estate gained $1.39 to close at $9.50 with traders dealing in 2,488 shares, Guardian Holdings rose $9.50 to finish at $369.50 in an exchange of 212 stocks. Jamaica Broilers slipped $1.30 to end at $31.50 with 10,344 units clearing the market, Jamaica Producers climbed 88 cents in closing at $22.88 with a transfer of 42 shares, Jamaica Stock Exchange fell 69 cents to close at $10.51 after an exchange of 19,383 stock units. 
Kingston Properties increased 32 cents to $8.07 in trading 5,223 stock units, Massy Holdings popped $1.61 to end at $90.16, with 50,020 units crossing the exchange, NCB Financial rallied 38 cents in closing at $60.50, with 3,582 shares changing hands. Pan Jamaica rallied $2.83 to finish at $47 after investors ended trading 3,375 stock units, Proven Investments rose $3.43 and ended at $21.44 with 28,321 stocks changing hands, Sagicor Group rallied 50 cents to close at $41 after an exchange of 24,698 units and Sygnus Real Estate Finance shed 61 cents to close at $11.89 with investors swapping 69 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dull trading on the JSE Markets
Junior Market stocks posted gains at the close of the Jamaica Stock Exchange on Wednesday reversing two consecutive days of decline but still leaving the market below Tuesday’s opening, while the Main Market and the JSE USD slipped marginally lower than the close on Tuesday, with the number of shares and their value changing hands falling below that those on the previous trading day, resulting in prices of 33 shares rising and 25 declining.
At the close of trading, the JSE Combined Market Index slipped 4.61 points to close at 330,206.17, the All Jamaican Composite Index dipped 967.20 points to 352,936.07, the JSE Main Index slipped 87.43 points to end trading at 317,151.69. The Junior Market Index advanced 11.36 points to 3,756.20 and the JSE USD Market Index fell 0.46 points to conclude trading at 240.88.
At the close of trading, 16,963,120 shares were exchanged in all three markets, from 18,324,325 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $53.75 million, below the $60.94 million on the previous trading day and the JSE USD market closed with an exchange of 363,343 shares for US$23,058 compared to 384,592 units at US$9,594 on Tuesday.
In Main Market activity, JMMB Group 7.35% – 2028 led trading with 5.56 million shares followed by Wigton Windfarm with 2.37 million units, Sagicor Select Financial Fund with 2.05 million stock units and Transjamaican Highway with 1.48 million shares.
While in Junior Market trading, Dolla Financial led trading with 1.40 million shares followed by MFS Capital Partners with 605,087 units and Tropical Battery with 449,373 stocks.
In the preference segment, no stock traded with a noted price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.5 on 2023-24 earnings and 13.1. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Main Market loses ground
Falling stocks were the dominant element in trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 63 percent decline in the volume of stocks traded and a 95 percent lower value than on Monday, following trading in 55 securities compared with 63 on Monday, with prices of nine stocks rising, 33 declining and 13 ending unchanged.
The market closed with the trading of 13,015,565 shares for $53,310,714 compared with 35,464,663 units at $1,090,378,097 on Monday.
Trading averaged 236,647 shares at $969,286 compared to 562,931 units at $17,307,589 on Monday. Trading for the month to date averages 780,216 units at $4,288,763 down from 812,889 units at $4,488,294 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
Palace Amusement led trading with 5.33 million shares for 40.9 percent of total volume followed by JMMB 9.5% preference share with 2.27 million units for 17.4 percent of the day’s trade and Wigton Windfarm with 1.34 million units for 10.3 percent of the day’s trade.
The All Jamaican Composite Index declined 2,409.12 points to close at 353,903.27, the JSE Main Index slipped 1,015.63 points to end at 317,239.12 and the JSE Financial Index shed 0.60 points to close at 67.72.
The Main Market ended trading with an average PE Ratio of 12.9. 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.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden rose $4.03 to close at $37.10, with 27 shares crossing the exchange, Berger Paints dipped 39 cents to $5.31 with traders dealing in 199 units, Caribbean Cement fell 50 cents to end at $56 after an exchange of 913 shares. Guardian Holdings shed $9.50 in closing at $360 with investors dealing in 64 stock units, Jamaica Broilers gained $2.80 to finish at $32.80 in an exchange of 39,069 shares, JMMB Group sank 40 cents and ended at $24.60 with investors transferring 29,600 stock units. Massy Holdings slipped $1.45 to $88.55 after 1,004 units passed through the market, 
Mayberry Group popped 91 cents to close at $7.30 in trading 1,231 stocks, NCB Financial lost $2.38 in closing at $60.12 after exchanging 30,930 shares. Pan Jamaica dropped $4.83 to end at $44.17 with investors swapping 3,932 stocks, Proven Investments skidded $3.44 and ended at a 52 weeks’ low of $18.01 in an exchange of 2,941 units, Sagicor Group declined 95 cents to finish at $40.50 with investors trading 451,812 stock units. Sagicor Real Estate Fund dropped 51 cents to $7.50 after a transfer of 214,151 shares, Seprod dipped $4.50 to finish at $77, with 7,237 stocks crossing the market, Sygnus Real Estate Finance sank $1.49 and ended at $12.50 with an exchange of 11,118 units and Wisynco Group declined 41 cents to close at $20.51, with 34,482 stock units crossing the market.
In the preference segment, Sygnus Credit Investments C10.5% shed $5.49 in closing at $104 with a transfer of 600 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE markets fall on Tuesday
Investors chopped several points off the Jamaica Stock Exchange market indices in trading on Tuesday as trading dropped well below Tuesday’s elevated levels that were pushed by trading in Jamaica broilers and Sagicor Group shares and resulted in prices of only 15 shares rising and 45 declining.
At the close of trading, the JSE Combined Market Index fell 1,193.93 points to close at 330,210.8, the All Jamaican Composite Index skidded 2,409.12 points to 353,903.27, the JSE Main Index declined by 1,015.63 points to close at 317,239.12. The Junior Market Index declined 31.61 points to lock up trading at 3,744.84 and the JSE USD Market Index sank 0.69 points to end at 241.34.
At the close of trading, 18,324,325 shares were exchanged in all three markets, down from 43,112,419 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $60.94 million, well below the $1.1 billion on the previous trading day and the JSE USD market closed with an exchange of 384,592 shares for US$9,594 compared to 119,368 units at US$11,630 on Monday.
In Main Market activity, Palace Amusement led trading with 5.33 million shares followed by JMMB 9.5% preference share with 2.27 million units and Wigton Windfarm with 1.34 million socks. While in Junior Market trading, EduFocal led trading with 1.66 million shares followed by Fosrich with 561,011 units and MFS Capital Partners with 518,349 stocks.
In the preference segment, Sygnus Credit Investments C10.5% sank $5.49 to close at $104.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended the day at 19.5 on 2023-24 earnings and 13.1. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. 
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Trading surges on JSE Main Market
Sagicor Group ended with trading of 12.07 million shares with a value of $500 million and Jamaica Broilers with 12.1 million shares for $388 million and lifted trading to over $1.1 billion on the Main Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded rising 663 percent and the value 1,272 percent more than on Friday. As was the case on Friday trading ended with activity in 63 securities, with prices of 16 stocks rising, 25 declining and 22 ending unchanged.
The market closed on Monday with 35,464,663 shares being traded for $1,090,378,097 in comparison to just 4,649,405 units at $79,455,741 on Friday.
Trading averaged 562,931 shares at $17,307,589 up sharply from 73,800 units at $1,261,202 on Friday and month to date, an average of 812,889 stock units at $4,488,294, compared with 831,372 units at $3,540,388 on the prior trading day and March that ended with an average of 828,473 units at $2,341,254.
Jamaica Broilers led trading with 12.13 million shares for 34.2 percent of total volume followed by Sagicor Group with 12.07 million units for 34 percent of the day’s trade, Scotia Group chipped in with 3.05 million stocks for 8.6 percent market share, Wisynco Group ended with 2.56 million units for 7.2 percent share of the stocks traded, Wigton Windfarm closed with 1.84 million stock units for 5.2 percent of the trading and Transjamaican Highway with 1.15 million shares for 3.2 percent of total volume.
The All Jamaican Composite Index sank by 2,565.76 points to end trading at 356,312.39, the JSE Main Index dropped 3,787.12 points to 318,254.75 and the JSE Financial Index slipped by 0.42 points to end at 68.32.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden fell $6.38 to finish at $33.07 after trading of 441 stocks, Barita Investments rallied 70 cents to $71.85 in switching ownership of 313 units, Eppley Caribbean Property Fund rose $2.97 in closing at $39.99 after investors cleared the market of 7 shares. First Rock Real Estate dropped 89 cents to close at $8.11 with a transfer of 3,170 stock units, Jamaica Broilers sank $3.13 and ended at $30 with an exchange of 12,133,266 shares, 
Kingston Properties dropped 32 cents to $7.75, with 4,939 stocks changing hands. Margaritaville rallied $1.27 in closing at $16.80 as investors exchanged 13 units, Massy Holdings shed $1 to end at $90 after 1,818 stock units crossed the market, Mayberry Group declined 91 cents to finish at $6.39 in an exchange of 5,013 shares. Mayberry Jamaican Equities popped 50 cents and ended at $10.50 with investors trading 104,857 units, MPC Caribbean Clean Energy lost $14 to close at $81 with an exchange of 101 stocks, Pan Jamaica popped $1 to end at $49 after 4,016 stock units passed through the market. Sagicor Group increased 31 cents to $41.45 after a transfer of 12,073,955 shares, Scotia Group skidded $1.88 to end at $43 with investors dealing in 3,046,756 units, Seprod dipped 50 cents in closing at $81.50 after an exchange of 1,582 stocks and Stanley Motta sank 85 cents and ended at $6.13 closed at 305 stock units.
In the preference segment, Jamaica Public Service 7% declined $7.50 to finish at $42.50 after exchanging 11 shares and 138 Student Living preference share advanced $7 to close at $218 with investors transferring 12 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE trading surges with big Broilers & Sagicor trades
Trading jumped sharply on the Jamaica Stock Exchange on Monday with trading in 12.13 million shares in Jamaica Broilers followed by Sagicor Group with 12.07 million units, valued at $388 million and $500 million respectively and pushed the overall value of stock trading to $1.1 billion with volume well above that on Friday as the Main Market and the Junior Market declined at the close of the market but the JSE USD market closed moderately higher as trading ended with the prices of 22 shares rising and 44 declining.
At the close of the market, the JSE Combined Market Index dropped 3,753.71 points to 331,404.71, the All Jamaican Composite Index declined 2,565.76 points to end at 356,312.39, the JSE Main Index shed 3,787.12 points to finish at 318,254.75. The Junior Market Index dipped 17.69 points to finish at 3,776.45 and the JSE USD Market Index gained 4.33 points to finish at 242.03.
At the end of trading, 43,112,419 shares were exchanged in all three markets, up from 7,124,664 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $1.1 billion, well over the $82.86 million on the previous trading day and the JSE USD market closed with an exchange of 119,368 shares for US$11,630 compared to 880,808 units at US$49,826 on Friday.
In Main Market activity, Jamaica Broilers led trading with 12.13 million shares followed by Sagicor Group with 12.07 million units, Scotia Group with 3.05 million units, Wisynco Group with 2.56 million shares, Wigton Windfarm with 1.84 million stock units and Transjamaican Highway with 1.15 million stocks.
In Junior Market trading, Spur Tree Spices led trading with 4.60 million shares followed by KLE Group with 567,507 stock units and Jamaican Teas with 363,876 units.
In the preference segment, Jamaica Public Service 7% declined $7.50 to finish at $42.50 and 138 Student Living preference share advanced $7 to close at $218.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.8 on 2023-24 earnings and 13.3. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors.
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Robust gains for several ICTOP10 stocks
During the just-concluded trading week, the Main Market slipped from the previous week’s close, while the Junior Market closed with a marginal loss, with many notable price changes primarily in the Junior Market ICTOP10, but there was just one Main Market price change of note and one change to the TOP10 listing.
In market activity during the week, the only price movement of note in the Main Market is Margaritaville, up 10 percent to $15.53. On the other hand, the Junior Market ICTOP10 has 5 stocks with price changes of note. Iron Rock Insurance topped the list with a gain of 15 percent to $2.52 followed by AMG Packaging up 12 percent to $3.59. Caribbean Cream climbed 9 percent to $4.24, while Consolidated Bakeries popped 8 percent to $2.18 and Access Financial gained 6 percent to $21.12. Two declining Junior Market stocks suffered losses of 3 and 2 percent.
The price of Scotia Group closed the week at $44.88, with the stock returning to the Main Market TOP10 and pushed Jamaica Broilers out, with the price rising a mere one percent to $33.13.
The average PE for the JSE Main Market ICTOP 10 stands at 5.5, well below the market average of 13.2 and the Junior Market TOP10 sits at 7.4 over half of the market, with an average of 12.6.
The Main Market ICTOP10 is projected to gain an average of 271 percent by May 2025, based on 2024 forecasted earnings, providing better values than the Junior Market with the potential to gain 178 percent over the same period.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 105, with an average of 31 and 23 excluding the highest PE ratios, and a PE of 24 for the top half and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 10 stocks, or 22 percent of the market, with PEs ranging from 15 to 44, averaging 21, well above the market’s average. The top half of the market has an average PE of 17, possibly the lowest fair value for stocks, currently.
Of great import is that the averages of both markets are now converging around a PE of 20 for close to a third of the market, as the year is coming to a close and with more information available on the full year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Main Market faded into the weekend
Rising stocks edged out decliners in trading on the Jamaica Stock Exchange Main Market on Friday, but stock trading firm beat out all of the above, following a 47 percent fall in the volume of stocks traded at 40 percent lower value than on Thursday, with trading in 63 securities compared to 61 on Thursday, with prices of 21 stocks rising, 19 declining and 23 ending unchanged.
The market closed with 4,649,405 shares trading for $79,455,741 down from 8,718,855 units at $132,519,420 on Thursday.
Trading averaged 73,800 shares at $1,261,202 compared with 142,932 units at $2,172,450 on Thursday and month to date, an average of 831,372 units at $3,540,38 from 891,863 units at $3,722,377 on the previous day and March that averaged 828,473 units at $2,341,254.
Kingston Wharves led trading with 890,307 shares for 19.1 percent of total volume followed by JMMB 9.5% preference share with 810,423 units for 17.4 percent of the day’s trade and Transjamaican Highway with 672,372 stocks for 14.5 percent market share.
The All Jamaican Composite Index lost 3,372.85 points to end the day at 358,878.15, the JSE Main Index fell 2,142.25 points to lock up trading at 322,041.87 and the JSE Financial Index slipped 1.09 points to conclude trading at 68.74.
The Main Market ended trading with an average PE Ratio of 13. 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.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden popped $1.45 and ended at $39.45 with investors transferring 9 shares, Barita Investments slipped 85 cents to $71.15 after an exchange of 18,855 stocks, Berger Paints rallied 36 cents in closing at $5.70 with a transfer of 7,753 units. Caribbean Cement sank $1.40 to finish at $56.50 with 446,118 stock units crossing the market, Eppley lost $1.09 to end at $38.90 as investors exchanged 300 shares, Eppley Caribbean Property Fund shed $2.97 to close at $37.02 in switching ownership of 529 units. GraceKennedy dropped 94 cents to end at $73 with traders dealing in 187,546 stocks, Guardian Holdings fell 50 cents and ended at $369.50 after 98 stock units passed through the market, Jamaica Producers dipped 67 cents to end at $22.22 with 1,082 shares changing hands. 
Margaritaville increased $1.42 in closing at $15.53 in an exchange of 4 stocks, Massy Holdings climbed $1 to finish at $91 with investors swapping 24,992 stock units, Mayberry Jamaican Equities declined 50 cents to close at $10 in an exchange of 100,402 stock units. NCB Financial skidded 50 cents to $62.50 after investors traded 11,015 shares, Pan Jamaica rose 50 cents to close at $48 with an exchange of 12 stocks, Sagicor Group gained 64 cents in closing at $41.14 with 4,040 units clearing the market. Seprod advanced 80 cents to end at $82 and closed with 6,857 stock units changing hands and Wisynco Group rose 32 cents and ended at $21 with an exchange of 32,814 shares.
In the preference segment, Productive Business Solutions 9.75% preference share gained $4.99 to finish at $115 with investors trading just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
