JSE Markets start March on negative note

March 3, 2025 by
Trading pulled back from Friday’s levels and the market dropped on Monday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged and a lower value than on Friday, resulting in the major indices of the Main Market falling along with the Junior Market and the JSE USD Market indices. At the end of trading the prices of 33 shares rose, 54 declined and 25 remained firm.

Three Trinidadian based companies suffered sizeable declines, with Guardian Holdings suffering the biggest fall of $6, AS Bryden $2.87 and Massy Holdings a drop of $3.30, in contrast, the stock with the biggest gain was Sagicor Group up 51 cents.
At the close of trading, the JSE Combined Market Index lost 2,022.05 points to end at 340,870.35, the All Jamaican Composite Index skidded 532.57 points to wrap up trading at 384,024.58, the JSE Main Index shed 1,611.89 points to finish at 329,757.90, the Junior Market Index declined 67.08 points to 3,560.28 and the JSE USD Market Index sank 0.19 points to 224.26.
A total of 20,780,018 shares were exchanged in all three markets, down from 47,819,272 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $81.49 million, well below the $172.89 million on the previous trading and the JSE USD market closed with an exchange of 245,926 shares for US$7,499 well off of the 318,360 units at US$20,139 on Friday.
In Main Market activity, Wigton Energy led trading with 4.03 million shares followed by Transjamaican Highway with 3.29 million stocks and JMMB Group 7.35% – 2028 with 1.14 million units.
In Junior Market, Derrimon Trading led with a volume of 1.12 million shares followed by Everything Fresh with 1.02 million stocks and Jamaican Teas with 930,218 units.
In the preference segment, 138 Student Living preference share climbed $30 and ended at $320 and Sygnus Credit Investments C10.5% increased $6.44 to $103.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2023-24 earnings and 20 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Two new additions to ICTOP10

March 3, 2025 by
Price movements in the ICTOP10 this past week as mostly muted with the Main Market having only two stocks with notable price changes while the Junior Market three, while both markets had one new listing.

Market movements resulted in prices of 5 stocks rising and 3 declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with two gains and 2 losses.
In the Junior Market ICTOP10, Caribbean Flavours ran up 7 percent to $1.34 and Iron Rock Insurance gained 4 percent to $3.75, while AMG Packaging fell 6 percent to $3.
In the Main Market ICTOP10, Berger Paints rose 9 percent to $7.82 and Key Insurance fell 10 percent to close at $2.16.
The All JSE ICTOP10, compiled from all listed ordinary stocks on the Jamaica Stock Exchange ended the week with Key Insurance falling out and replaced by AMG Packaging
Iron Rock Insurance fell out of the Junior Market ICTOP10 and is replaced by Limners and Bards. In the Main Market ICTOP10, VM Investments returns after a one week’s absence, replacing Key Insurance that reported earnings of just 12 cents per share for the full year, much lower than projected.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.9, well below the market average of 15.7 and the Junior Market TOP10 stands at 7.7, more than half of the market, with an average of 13.4.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 256 percent by May 2025, providing better values than the Junior Market, projected to achieve a 172 percent increase for the same period.
In the Main Market ICTOP 10, there are 17 stocks with the highest values representing 33 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 24 excluding the highest PE ratios and a PE of 26 for the top half of the market with the highest values and 20 excluding the stocks with overweight values.
In the Junior Market IC TOP10, 15 stocks or 31 percent of the market have PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
The 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, resulting 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.

Filed Under: Buy Rated, Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading climbs on Jamaica Stock Exchange

February 28, 2025 by
Trading closed Friday on the Jamaica Stock Exchange with a rise in the volume and the value of stocks that were exchanged, compared with trading on Thursday, resulting in gains in Main Market and the Junior Market indices with the JSE USD Market slipping. At the end of trading the prices of 53 shares rose, 40 declined and 25 remained firm.

At the close of the market, the JSE Combined Market Index rose 524.60 points to finish at 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 close at 331,369.79, the Junior Market Index rallied 43.50 points to settle at 3,627.36 and the JSE USD Market Index shed 1.52 points to end at 224.45.
At the close of trading, 47,500,912 shares were exchanged in all three markets, up from 28,525,974 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to 172.89 million shares, up from $100.86 million on the previous day and the JSE USD market closed with an 318,360 shares for US$20,139 compared to 302,740 stocks at US$66,625 on Thursday.
In Main Market activity, Wigton Energy led trading with 12.01 million shares followed by Transjamaican Highway with 2.08 million stock units and Proven Investments with 966,973 shares.
In Junior Market trading, ONE on ONE Educational led trading with 7.84 million shares followed by Jamaican Teas which ended with 5.91 million stocks, Fosrich closed with 1.86 million stocks, Stationery and Office Supplies with 1.77 million units, Derrimon Trading with 1.13 million shares for 4.5 percent of the volume traded and Lasco Financial with 1.06 million stocks.
In the preference shares segment, Jamaica Public Service jumped $40 to $2.690, Eppley 7.75% lost $1.41 to close trading at $18 and Productivity Business Solutions fell $30 to close at $1,020.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.6 based on 2024-25 earnings and 19.7 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading drops JSE markets rise

February 27, 2025 by
Trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume and the value of stocks that were exchanged, than on Wednesday, resulting in Main Market major indices rising, the Junior Market index slipping and the JSE USD Market climbing sharply higher. At the end of trading the prices of 43 shares rose, 40 declined and 30 remained firm.
 

At the close of the market, the JSE Combined Market Index climbed 2,374.52 points to 342,367.80, the All Jamaican Composite Index rallied 2,547.41 points to settle at 382,453.67, the JSE Main Index jumped 2,513.68 points to close at 331,147.32, the Junior Market Index skidded 4.09 points to settle at 3,583.86 while the JSE USD Market Index surged 16.10 points to conclude trading at 225.97.
At the close of trading, 28,525,974 shares were exchanged in all three markets, down sharply from 66,136,701 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $100.86 million, well below $341.15 million on the previous day and the JSE USD market closed with an exchange of 297,750 shares for US$17,873 well over the 277,858 units at US$9,056 on Wednesday.
In Main Market activity, Wigton Energy led with 5.04 million shares followed by Sagicor Select Financial Fund with 4.48 million stocks and Transjamaican Highway with 2.07 million units.
In Junior Market trading, Everything Fresh led with 1.82 million shares followed by Regency Petroleum with 1.45 million stocks and Derrimon Trading with 1.14 million units.
In the preference segment, 138 Student Living preference share skidded $19 in closing at $290 and Sygnus Credit Investments C10.5% sank $5.95 to $96.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.9 based on 2024-25 earnings and 19.6 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with information that is regularly updated to assists in decision-making. The PE ratio chart covers all the ordinary shares that are quoted on the Jamaica Stock Exchange and are grouped by industry, allowing for the ease in  comparing data within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense. Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Jamaican Teas crowned JSE Market leader

February 26, 2025 by
Jamaican Teas was today’s market leader with nearly 22 million shares traded followed by Transjamaican Highway with just under 7 million units with trading picking up sharply on Wednesday on the Jamaica Stock Exchange with a solid rise in the volume and the value of stocks exchanged over Tuesday. Trading resulted in the Main Market major indices rising, the Junior Market index sliding and the JSE USD Market falling. At the end of a more hectic trading session, the prices of 43 shares rose, 52 declined and 20 remained firm.

At the close of the market, the JSE Combined Market Index popped 962.50 points to 339,993.28, the All Jamaican Composite Index rallied 1,414.29 points to conclude trading at 379,906.26, the JSE Main Index rose 1,321.74 points to 328,633.64, the Junior Market Index fell 42.04 points to end at 3,587.95 and the JSE USD Market Index dropped 2.68 points to conclude trading at 209.87.
At the close of trading, 66,136,701 shares were exchanged in all three markets, up significantly from 29,668,815 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $341.15 million, up sharply from $125.93 million on the previous day and the JSE USD market closed with an exchange of 277,858 shares for US$9,056 compared to 261,203 units at US$13,692 on Tuesday.
In Main Market activity, Transjamaican Highway led with 6.73 million shares following the release of a prospectus for the sale of 2.5 billion shares at $3.60 each, that opens next week. Kingston Wharves was next with 5.92 million stocks and Wigton Energy with 4.96 million units.
In Junior Market trading, Jamaican Teas led with 21.75 million shares followed by Lasco Financial with 5.85 million stocks and ONE on ONE Educational with 4.72 million units.
In the preference segment, Jamaica Public Service 7% increased by $6.80 and ended at $45 and 138 Student Living preference share climbed $49.44 to $309.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.4 based on 2024-25 earnings and 19.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors regularly updated information to help decision-making. The PE ratio chart covers all of the  ordinary shares that are listed on the Jamaica Stock Exchange and ae grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Filed Under: Feature Stories, JSE Combined Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

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.

Filed Under: General News Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mixed trading in Jamaica stocks on Tuesday

February 25, 2025 by
The volume and value of stock trading surged on Tuesday over that on Monday on the Jamaica Stock Exchange, resulting in Main Market major indices closing with mixed results with the Junior Market index and the JSE USD Market indices rising following prices of 40 shares rising, 37 declining and 27 remaining firm.

At the close of the market, the JSE Combined Market Index fell 92.60 points to end at 339,030.78, the All Jamaican Composite Index rose 547.34 points to 378,491.97, the JSE Main Index dropped 246.87 points to settle at 327,311.90, the Junior Market Index rallied 20.01 points to 3,629.99 and the JSE USD Market Index gained 2.78 points to settle at 212.55.
At the close of trading, 29,668,815 shares were exchanged in all three markets, up from 10,711,199 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $125.93 million, up from $45.15 million on the previous day and the JSE USD market closed with an exchange of 261,203 shares for US$13,692 compared to 669,495 units at US$20,297 on Monday.
In Main Market activity, Transjamaican Highway led with 3.64 million shares followed by Wigton Energy with 2.45 million stocks and Sagicor Select Financial Fund with 2.02 million units.
In Junior Market trading, Jamaican Teas led with 4.22 million shares followed by ONE on ONE Educational with 2.80 million stocks and Lasco Financial with 2.16 million units.
In the preference segment, 138 Student Living preference share climbed $19.56 to end at $260 and Sygnus Credit Investments C10.5% rose $1.30 in closing at $101.
The market’s PE ratio, the most popular measure used in valuing stocks, ended at 13.4 based on the 2024-25 earnings and 19.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide regularly updated financial data to help in decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

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