Transjamaican dominates

February 18, 2025 by

Investors focused heavily on Transjamaican Highway stocks on Tuesday with the preferred share dominating and along with the ordinary shares took control of just under 89 percent of trading on the Jamaica Stock Exchange Main Market and pushed the volume of stocks exchanged, sharply higher with a much greater value than on Monday, with the volume of stocks traded rising 677 percent and the value 115 percent more than on Monday, resulting from trading in 59 securities compared with 61 on Monday, with prices of 15 rising, 23 declining and 21 ending unchanged.

The market closed with 93,093,579 shares trading for $227,245,086 up from 11,986,413 stock units valued  at $105,690,529 on Monday.
Trading averaged 1,577,857 shares value at $3,851,612 well above the 196,499 stocks at $1,732,632 on Monday and for the month to date, an average of 503,355 stock units at $2,012,019 compared to 408,451 shares at $1,849,540 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Transjamaican Highway 8% preferred led trading with 80.01 million shares for 85.9 percent of total volume followed by Wigton Energy which ended with 3.25 million stocks for 3.5 percent of the day’s trade, Transjamaican Highway closed with 2.62 million stocks for 2.8 percent of the volume traded, JMMB Group 7.25% preference share due 2024 ended with 2.13 million units for 2.3 percent of the shares traded and Victoria Mutual Investments with 1.40 million units for 1.5 percent of market share.
The All Jamaican Composite Index dipped 555.81 points to conclude trading at 379,598.43, the JSE Main Index shed 351.55 points to close at 328,099.09 and the JSE Financial Index increased 0.36 points to wrap up trading at 68.09. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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 an active trading session, AS Bryden rose 90 cents in closing at $29 with the trading of 1,516 units, Barita Investments gained 38 cents to end at $73.88 after a transfer of 9,350 stocks, Berger Paints declined 59 cents to close at $7.15 after 5,100 shares were traded. Caribbean Cement shed $2.80 and ended at $84 with an exchange of 1,437 stock units, Eppley Caribbean Property Fund popped $3.93 to finish at $39.45 with investors trading 2,110 shares, First Rock Real Estate dropped 71 cents to $8.58 in an exchange of 156 stocks. Guardian Holdings rallied $1.50 in closing at $305 with 9,001 stock units crossing the market, Jamaica Broilers sank 62 cents to $36.38 with investors dealing in 65,019 stock units, Kingston Wharves dropped $3 to end at $27 with 53,454 shares crossing the market . Massy Holdings lost 80 cents to close at $81.05 in switching ownership of 1,222 units, Mayberry Group increased 45 cents and ended at $7.60 with 13,405 stocks clearing the market, NCB Financial skidded $1.98 to finish at a 52 weeks’ low of $48 in an exchange of 340,780 stock units. Pan Jamaica climbed $2.40 and ended at $56.90 with 1,263 shares changing hands, Seprod sank $3.38 to $85.50 with 72,182 units crossing the exchange and Stanley Motta dipped 95 cents in closing at $6.41 with investors swapping 5,004 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Another Transjamaican day of trading with NCB Financial enduring more selling pressure

February 18, 2025 by
Transjamaican Highway took control of trading on the Jamaica Stock Exchange on Tuesday accounting for 78 percent of all shares traded and pushed the volume of stocks exchanged, sharply higher with a greater value than on Monday. At the close, the Main Market major indices, the Junior Market index and the JSE USD Market slipped resulting from prices of 31 shares rising, 45 declining and 38 ending firm, with NCB Financial closing at a 52 weeks’ low of $48 and ISP Finance closing at a 52 weeks’ high of $43.25, after hitting an intraday high of $49.42.

At the close of the market, the JSE Combined Market Index shed 441.95 points to finish at 340,223.17, the All Jamaican Composite Index declined 555.81 points to settle at 379,598.43, the JSE Main Index sank by 351.55 points to 328,099.09, the Junior Market Index lost 14.75 points to conclude trading at 3,691.31 and the JSE USD Market Index sank 1.55 points to end at 215.13.
At the close of trading on Tuesday, 105,705,078 shares were traded in all three markets, up sharply from 19,812,403 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $253.27 million, well above the $117.53 million on the previous day and the JSE USD market closed with an exchange of 373,308 shares for US$25,625 down compared to 524,976 units at US$54,479 on Monday.
In Main Market activity, Transjamaican Highway 8% led with 80.01 million shares followed by Wigton Energy with 3.25 million stocks and Transjamaican Highway with 2.62 million units.
In Junior Market trading, Mailpac Group led with 4.31 million shares followed by Kintyre Holdings with 3.75 million stocks and Future Energy with 459,723 units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on 2024-25 earnings and 19.9 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information in assisting in  decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange and are 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: , , , , , , , , , , , , , , , , , , , , , , , ,

Transjamaican rules JSE Main Market

February 17, 2025 by
Shares in Jamaica’s first toll road operators, Transjamaican Highway traded the most shares on the Jamaica Stock Exchange Main Market on Monday in accounting for nearly 44 percent of the total volume traded and helped in pushing the volume of stocks traded in the market up a solid 229 percent with the value jumping 264 percent more than on Friday, following trading in 61 securities up from 59 on Friday and ended with prices of 19 rising, 27 declining and 15 ending unchanged.

The market closed with trading of 11,986,413 shares with a values of $105,690,529, up sharply from just 3,643,310 stock at a mere $29,016,024 on Friday.
Trading averaged 196,499 shares at $1,732,632 well above 61,751 stocks at $491,797 on Friday and for the month to date, an average of 408,451 units at $1,849,540 compared with 429,751 shares at $1,861,289 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 5.21 million shares for 43.5 percent of total volume, with the price slipping following release of full year results with earnings of J$0.39 with the final quarter profits jumping by a solid 44 percent much more than the 31 percent for the full year. Wigton Energy was next with 2.03 million stocks for 16.9 percent of the day’s trade and NCB Financial with 1.11 million units for 9.3 percent of the volume of stocks traded.
The All Jamaican Composite Index lost 962.08 points to wrap up trading at 380,154.24, the JSE Main Index dipped 1,093.74 points to cease trading at 328,450.64 and the JSE Financial Index dipped 0.23 points to end at 67.73. The Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. 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 a day of increased market activity, AS Bryden sank 90 cents in closing at $28.10 with traders dealing in 48 stock units, Caribbean Cement slipped 69 cents to $86.80 with 4,223 shares clearing the market, Eppley Caribbean Property Fund sank $3.96 to finish at $35.52 and closed with 2,256 stocks changing hands. First Rock Real Estate increased 74 cents and ended at $9.29 after 84 units passed through the market, Guardian Holdings shed $6.25 to end at $303.50 in switching ownership of 6,065 shares, Lasco Manufacturing fell 38 cents to close at $7.60, with 23,997 stock units crossing the market. NCB Financial popped 98 cents to $49.98 in an exchange of 1,112,756 stocks, after the price hit an intraday 52 weeks low of $47, Pan Jamaica climbed $1.60 to close at $54.50 with investors swapping 11,622 units, Proven Investments rose 73 cents to end at $19 in an exchange of 29,776 stocks. Sagicor Group skidded 50 cents in closing at $40 with investors trading 8,036 units, Scotia Group lost $1.39 to finish at $57 after a transfer of 44,767 shares and Supreme Ventures gained 65 cents and ended at $20.25 trading 36,086 stock units.

In the preference segment, Jamaica Public Service 9.5% declined $4 to $2,686 as investors exchanged 2,000 shares, JMMB Group 7.15% – 2028 dipped 50 cents to close at $2.50 in trading 289 stock units, 138 Student Living preference share dropped $23.85 to finish at $231.15 after an exchange of 186 units and Sygnus Credit Investments C10.5% sank $1 and ended at $104 with investors trading 1,002 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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

ICTOP10 stocks weathered a stormy week

February 17, 2025 by
The markets of the Jamaica Stock Exchange were steady in closing out last week with just marginal movements in the Main and Junior market indices, resulting in moderate moves in ICITOP10 stocks, with gains ranging from 4 percent to declines of 7 percent in the Junior Market TOP 10, with 4 percent being the biggest move in the Main Market ICTOP10.

Market movements resulted in prices of just three stocks rising and six declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with three gains and two losses.
In the Junior Market ICTOP10, Caribbean Assurance Brokers and Limners and Bards gained 4 percent to close at $2.58 and $1.26 respectively. Elite Diagnostic and Iron Rock Insurance fell by 7 percent to $1.68 and $3.90 respectively and Cargo Handlers fell 4 percent to $11. In the Main Market ICTOP10, Key Insurance shed 4 percent to close at $2.20.
The JSE TOP10, compiled from all listed ordinary stocks on the Jamaica Stock Estate ended the week with JMMB Group dropping out with reduced earnings that were released for the nine months to December and is replaced by the Junior Market listed Kintyre Holdings (formerly iCreate).
Dolla Financial and Kintyre Holdings entered the Junior Market ICTOP10, with Jamaican Teas and Iron Rock Insurance dropping out. In the Main Market ICTOP10, Caribbean Producers returns, replacing JMMB Group following the downgrading of earnings for the current fiscal year ending in March. Dolla Financial earnings are based on 2025 projections. The forecast assumes more borrowed funds are taken on during the year to finance expansion. Kintyre Holdings reported earnings of 8 cents for 2024, the latest quarterly numbers suggest earnings should reach 25 cents per share during 2025, all things being equal. The historical performance of the company, suggests a high degree of risk is associated with an investment in the stock.
The average PE for the JSE Main Market ICTOP 10 sits at just 6, well below the market average of 14.9 and the Junior Market TOP10 stands at 8.1, more than half of the market, with an average of 13.2.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 270 percent by May 2025, providing better values than the Junior Market, projected to achieve a 164 percent increase for the same period.
In the Main Market ICTOP 10, there are 15 stocks with the highest values representing 29 percent of the Main Market, with PEs between 15 to 105, with an average of 31 and 23 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10, 16 stocks or 33 percent of the market have PEs ranging from 15 to 32 with an average of 19 and a PE of 18 for half of the market with the highest PEs.
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, Stock Market, Stocks to watch Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,

ICTOP10 stocks weathered stormy week

February 17, 2025 by
The markets of the Jamaica Stock Exchange were steady in closing out last week with just marginal movements in the Main and Junior market indices, resulting in moderate moves in ICITOP10 stocks, with gains ranging from 4 percent to declines of 7 percent in the Junior Market TOP 10, with 4 percent being the biggest move in the Main Market ICTOP10.

Market movements resulted in prices of just three stocks rising and six declining in the Junior Market ICTOP10 while the Main Market ICTOP10 ended with three gains and two losses.
In the Junior Market ICTOP10, Caribbean Assurance Brokers and Limners and Bards gained 4 percent to close at $2.58 and $1.26 respectively. Elite Diagnostic and Iron Rock Insurance fell by 7 percent to $1.68 and $3.90 respectively and Cargo Handlers fell 4 percent to $11. In the Main Market ICTOP10, Key Insurance shed 4 percent to close at $2.20.
The JSE TOP10, compiled from all listed ordinary stocks on the Jamaica Stock Estate ended the week with JMMB Group dropping out with reduced earnings that were released for the nine months to December and is replaced by the Junior Market listed Kintyre Holdings (formerly iCreate).
 Financial and Kintyre Holdings entered the Junior Market ICTOP10, with Jamaican Teas and Iron Rock Insurance dropping out.
In the Main Market ICTOP10, Caribbean Producers returns, replacing JMMB Group following the downgrading of earnings for the current fiscal year ending in March. Dolla Financial earnings are based on 2025 projections. The forecast assumes more borrowed funds are taken on during the year to finance expansion. Kintyre Holdings reported earnings of 8 cents for 2024, the latest quarterly numbers suggest earnings should reach 25 cents per share during 2025, all things being equal. The historical performance of the company, suggests a high degree of risk is associated with an investment in the stock.
The average PE for the JSE Main Market ICTOP 10 sits at just 6, well below the market average of 14.9 and the Junior Market TOP10 stands at 8.1, more than half of the market, with an average of 13.2.
Based on the earnings estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 270 percent by May 2025, providing better values than the Junior Market, projected to achieve a 164 percent increase for the same period.
In the Main Market ICTOP 10, there are 15 stocks with the highest values representing 29 percent of the Main Market, with PEs between 15 to 105, with an average of 31 and 23 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10, 16 stocks or 33 percent of the market have PEs ranging from 15 to 32 with an average of 19 and a PE of 18 for half of the market with the highest PEs.
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.

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

Trading jumps on Jamaica Stock Exchange

February 17, 2025 by
Market activity ended with greater volume at a higher value than on Monday on the Jamaica Stock Exchange compared to Friday, ending with declines in Main Market major indices rising as the Junior Market index slipped moderately and the JSE USD Market dipped. At the end of trading the prices of 36 shares rose, 50 declined and 30 remained firm.

At the close of the market, the JSE Combined Market Index fell 1,096.36 points to 340,665.12, the All Jamaican Composite Index sank 962.08 points to end at 380,154.24, the JSE Main Index dropped 1,093.74 points to end at 328,450.64, the Junior Market Index dipped 7.03 points to wrap up trading at 3,706.06 and the JSE USD Market Index slipped 1.76 points to finish at 216.68.
At the close of trading, 19,812,403 shares were exchanged in all three markets, up from 16,077,673 units on Friday, with the value of stocks traded on the Main and Junior markets amounting to $117.53 million, up from $44.35 million on the previous day and the JSE USD market closed with an exchange of 524,976 shares for US$54,479 well above the 53,579 units at US$26,575 on Friday.
In Main Market activity, Transjamaican Highway led with 5.21 million shares followed by Wigton Energy with 2.03 million stocks and NCB Financial with 1.11 million units after hitting a 52 weeks’ low of $47.
In Junior Market trading, Kintyre Holdings led with 2.01 million shares followed by Fosrich with 1.19 million stocks and Future Energy with 820,520 units.
In the preference segment, Jamaica Public Service 9.5% dipped $4 and ended at $2,686 while  138 Student Living pref. share lost $23.85 to close at $231.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on the 2025-26 earnings and 19.9 based on the 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: , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading plunges Friday on JSE Main Market, NCB hits one year’s low

February 14, 2025 by
On a day of very low market activity, trading ended with a dip on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded declining a sizable 97 percent, with the value 88 percent lower than on Thursday to a mere $29 million, with the largest trade falling below one million shares, after trading ending with an exchange of 59 securities down from 64 on Thursday, with prices of 17 rising, 26 declining and 16 ending unchanged.

The market closed on Friday with just 3,643,310 shares trading for a mere $29,016,024 well down from 109,013,663 units at $248,063,681 on Thursday.
Trading averaged 61,751 shares at $491,797 well below the 1,703,338 stocks at a value of $3,875,995 on Thursday and month to date, with an average of 429,751 stock units at $1,861,289 compared to 469,371 shares for $2,008,734 previously and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with only 890,136 shares for 24.4 percent of total volume followed by Wigton Energy with 466,547 stock units for 12.8 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 276,656 stocks for 7.6 percent of the volume traded.
The All Jamaican Composite Index skidded 1,208.34 points to 381,116.32, the JSE Main Index dipped 724.33 points to wrap up trading at 329,544.38 and the JSE Financial Index skidded 0.16 points to conclude trading at 67.96. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. 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 mediocre trades, Berger Paints popped 45 cents to close at $7.75 with investors swapping 71 units, First Rock Real Estate lost 80 cents to end at $8.55 with 6,000 stocks crossing the exchange, Guardian Holdings increased $5.75 and ended at $309.75 while investors completed the trading 142 shares. Jamaica Stock Exchange sank 52 cents to end at $12.81 with 1,673 stock units being traded, Kingston Wharves dropped 64 cents in closing at $30.31 in trading 6,213 shares, Massy Holdings climbed 85 cents to finish at $81.85 after a transfer of 296 units.  Mayberry Group fell 40 cents and ended at $7.20 with 3,167 stocks crossing the market, NCB Financial Group fell 33 cents and closed at a 52 weeks’ low of $49 after 52,703 shares were traded, Proven Investments rose $1.07 to $18.27 as investors exchanged 1,727 stock units, Sagicor Group slipped 50 cents and closed at $40.50 with 6,572 shares being traded. Seprod gained $3.98 to close at $88.98 with investors trading 9,565 units and Supreme Ventures sank 90 cents to finish at $19.60 in an exchange of 33,576 stocks.
In the preference segment, Eppley 7.25% preference share advanced $2.25 to end at $19.25 with 11 stock units changing hands.
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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market rises Main Market falls

February 14, 2025 by
Trading closed Friday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, carrying a lower value than on Thursday, resulting in the Junior Market index rising, the Main Market major indices falling and the JSE USD Market slipping at the end of trading with the prices of 35 shares rising, 45 declining and 27 remaining firm.

At the close of the market, the JSE Combined Market Index declined 582.12 points to conclude trading at 341,761.48, at the same time the All Jamaican Composite Index dropped 1,208.34 points to settle at 381,116.32, the JSE Main Index shed 724.33 points to end trading at 329,544.38, while the Junior Market Index climbed 15.41 points to 3,713.09 and the JSE USD Market Index skidded 1.14 points to finish at 218.44.
At the close of trading, 16,077,673 shares were exchanged in all three markets, sharply down from 114,183,228 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to a mere $44.35 million, a big fall from $258.89 million on the previous day and the JSE USD market closed with an exchange of 53,579 shares for US$26,575 compared to 172,951 units at US$8,636 on Thursday.
In Main Market activity, Transjamaican Highway led with just 890,136 shares followed by Wigton Energy with 466,547 stocks and Sagicor Select Manufacturing & Distribution Fund with 276,656 stock units.
In Junior Market trading, Kintyre Holdings led with 4.94 million shares followed by Jamaican Teas with 3.28 million stocks and Paramount Trading with 2.0 million units.
In the preference segment, Eppley 7.25% preference share gained $2.25 to finish at $19.
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 2023-24 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 the ordinary shares listed on 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 rises, Main Market gains, Juniors dip

February 13, 2025 by
Trading closed Thursday on the Jamaica Stock Exchange with a big rise in the volume of stocks exchanged, following a big trade in Transjamaican Highway 8% with 10 million units changing hands as the value of the day’s trade rose well over that on Wednesday. The market closed with the major indices Main Market rising, the Junior Market and the JSE USD Market indices declining. At the end of trading the prices of 47 shares rose, 41 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index climbed 851.53 points to 342,343.60, the All Jamaican Composite Index jumped 1,489.03 points to end at 382,324.66, the JSE Main Index rallied 932.79 points to 330,268.71, the Junior Market Index slipped 5.64 points to finish at 3,697.68 and the JSE USD Market Index dropped 14.41 points to 219.58.
At the close of trading, 114,183,228 shares were exchanged in all three markets, well above the 10,243,857 stock units on Wednesday, with the value of stocks traded on the Junior and Main markets amount0 to $258.89 million, up from $67.19 million on the previous day and the JSE USD market closed with an exchange of 172,951 shares for US$8,636 compared to 127,825 units at US$3,803 on Wednesday.
In Main Market activity, Transjamaican Highway 8% led with 100.07 million shares followed by JMMB Group 7.25% preference share due 2024 with 3.59 million stocks and Transjamaican Highway with 3.40 million units.
In Junior Market trading, Regency Petroleum led with 881,108 shares followed by Future Energy with 566,301 stocks and RA Williams with 560,000 units.
In the preference segment, Eppley 7.25% preference share dropped $2.25 to close at $17, Jamaica Public Service 7% gained $4 to end at $44 and 138 Student Living preference share sank $75 to $255.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2024-25 earnings and 19.7 based on 2023-24 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 the ordinary shares listed on the Jamaica Stock Exchange and grouped by industry, allowing for an ease in comparing stocks 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 corners JSE Main Market

February 13, 2025 by
Transjamaican Highway preferred stock accounted for 92 percent of the volume traded on the Jamaica Stock Exchange Main Market on Thursday, while the ordinary stock traded 3 percent for a total of 95 percent, helping to push the volume of stocks traded up 1,479 percent and the value 314 percent more than on Wednesday, following trading in 64 securities compared with 60 on Wednesday, with prices of 22 rising, 22 declining and 20 ending unchanged.

The market closed with 109,013,663 shares trading for $248,063,681 up from 6,904,205 stock units valued at $59,901,771 on Wednesday.
Trading averaged 1,703,338 shares at $3,875,995 compared to 115,070 stocks at $998,363 on Wednesday and trading for the month to date, an average of 469,371 stock units at $2,008,734 compared with 306,202 shares at $1,761,824 on the prior and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway 8% led trading with 100.07 million shares for 91.8 percent of total volume followed by JMMB Group 7.25% preference share due 2024 which ended with 3.59 million stocks for 3.3 percent of the day’s trade and Transjamaican Highway with 3.40 million stock units for 3.1 percent of the day’s volume.
The All Jamaican Composite Index climbed 1,489.03 points to 382,324.66, the JSE Main Index rose 932.79 points to 330,268.71 and the JSE Financial Index gained 0.21 points to end at 68.12. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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 on a day of increased trades, AS Bryden dropped by $1 and ended at a 52 weeks’ low of $29 with investors dealing in 5,769 units, Eppley rallied 80 cents to $34.30 in an exchange of just 2 stocks, Guardian Holdings increased 50 cents to finish at $304 with 219 shares passing through the market. JMMB Group climbed 47 cents to end at $21 in trading 30,169 stock units, Kingston Properties popped 52 cents in closing at $9.08 with 22 shares crossing the exchange, Kingston Wharves gained 95 cents to close at $30.95 with investors swapping 9,721 stocks. Margaritaville rose 48 cents to $14.68 after an exchange of a mere 3 units, Massy Holdings sank 90 cents and ended at $81 with 3,785 stock units crossing the market, NCB Financial dropped 59 cents to end at a 52 weeks’ low of $49.33 in an exchange of 60,599 shares. Proven Investments shed 61 cents in closing at $17.20 with 3,354 stock units clearing the market, Scotia Group advanced $2.39 to close at $58.39 after an exchange of 448,434 stocks and Supreme Ventures rose 50 cents to finish at $20.50 with 42,805 units crossing the market.
In the preference segment, Eppley 7.25% preference share fell $2.25 to $17 with investors trading 36 shares, Eppley 7.75% preference share skidded 58 cents to close at $19.41 with 100 units switching owners, Jamaica Public Service 7% climbed $4 to end at $44 with 6,605 stocks changing hands and 138 Student Living preference share sank $75 in closing at $255 with investors trading 35 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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