Robust bounce for JSE Main Market


The Main Market of the Jamaica Stock Exchange enjoyed a robust bounce but ended the week on Friday still under water from three days of losses between Tuesday and Thursday following trading in 60 securities compared with 61 on Thursday, with prices of 22 rising, 18 declining and 20 ending unchanged, resulting in trading volume climbing 135 percent after 25 percent fewer funds flowed into the market compared to Thursday, with the news that the government plans on divesting its 20 percent holding in Transjamaican Highway seems to have induced some amount of selling in the stock, with the price slipping 5 cents.

At the close of the the Jamaica Stock exchange 14,725,334 shares were traded at  $71,113,191 versus 6,256,844 stock at $94,236,504 on Thursday.
Trading averaged 245,422 shares at $1,185,220 versus 102,571 units at $1,544,861 on Thursday and for the month to date, an average of 230,553 shares were exchanged at $1,790,087 compared with 229,633 stocks at $1,827,540 on the prior day with an average of 967,720 stock at $18,390,902 in December.
JMMB Group 7.35% – 2028 led trading with 5.98 million shares for 40.6 percent of total volume followed by Transjamaican Highway which ended with 3.59 million stocks for 24.4 percent of the day’s trade and Radio Jamaica with 2.23 million stock units for 15.1 percent of the day’s trade.
The All Jamaican Composite Index jumped 4,007.11 points to finish at 384,616.64, the JSE Main Index climbed 2,488.97 points to close at 332,616.79 and the JSE Financial Index popped 1.42 points to settle at 68.82. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, AS Bryden dipped $1.77 and ended at $30 after an exchange of 9,288 stock units, Barita Investments climbed 49 cents to $73.99 with investors swapping 530 shares, Berger Paints rose 50 cents in closing at $8.30 in an exchange of 5,945 units. Caribbean Cement declined $1.79 to finish at $86.20 with 6,283 units being traded, GraceKennedy gained 40 cents to end at $73.90 after hitting a 52 weeks’ intraday low of $70 with a transfer of 65,107 shares, Guardian Holdings popped $8.90 to close at $309 with 30 stock units clearing the market. Jamaica Broilers shed 90 cents to close at $38.60 with traders dealing in 156,817 stocks, JMMB Group declined 40 cents to end at $20.50 with 69,516 stock units passing through the market, Kingston Wharves advanced 72 cents to close at $30.73 with investors trading 3,650 shares. Margaritaville lost 49 cents to close at $14.20 with 802 stocks crossing the market, Mayberry Group increased 48 cents and ended at $8 in trading 7,463 units, Pan Jamaica rallied $2.21 to finish at $54 after an exchange of 612 stock units. Proven Investments rose $2.58 to $20.50 with investors dealing in 302,665 shares, Sagicor Group climbed $1.05 to close at $38.05 in an exchange of 13,587 stock units, Scotia Group gained $1 and ended at $62 with investors trading 32,167 stocks. Seprod skidded 49 cents to end at $84.01 with an exchange of 368 units and Stanley Motta sank $1.59 to finish at $6.41 with 4,423 stocks crossing the market.
In the preference segment, Productive Business Solutions 10.5% preference share popped $165 to close at $1,100 with a transfer of just 7 units and Sygnus Credit Investments C10.5% slipped $5.50 to $103.50 with 1,914 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Drop for the JSE Main Market


Trading volume dipped on the Jamaica Stock Exchange Main Market on Thursday, ending 56 percent lower with Transjamaican Highway accounting for 24 percent of the total shares exchanged in the market as the value popped 49 percent higher than on Wednesday. Trading took place in 61 securities compared with 56 on Wednesday and ended with prices of 19 rising, 26 declining and 16 ending unchanged.

The market closed with trading of 6,256,844 shares at $94,236,504 in contrast to 14,230,000 stocks at $63,207,258 on Wednesday.
Trading averaged 102,571 shares valued at $1,544,861 compared to  254,107 stocks at $1,128,701 on Wednesday and month to date, an average of 229,633 units at $1,827,540 slightly down from 238,169 shares at $1,846,531 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Trading was led by Transjamaican Highway with 1.50 million shares for 24 percent of the total volume and followed by JMMB 9.5% preferred share with 1.29 million units for 20.6 percent of the day’s trade and Sagicor Select Financial Fund with 842,421 stocks for 13.5 percent of the volume traded.
The All Jamaican Composite Index declined 401.76 points to conclude trading at 380,609.53, the JSE Main Index lost 255.90 points to finish at 330,127.82 and the JSE Financial Index dipped 0.36 points to wrap up trading at 67.40. 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 14.4. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings  computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints dipped 50 cents to end at $7.80 after an exchange of 3,551 stocks, Caribbean Cement rose $2.99 to close at $87.99 with trading in 713,090 units, Eppley Caribbean Property Fund sank $1 to $37 with 1,408 shares clearing the market. GraceKennedy dropped 45 cents and ended at $73.50 in an exchange of 21,332 stock units, Guardian Holdings sank $5.90 to close at $300.10 with investors dealing in 984 shares, Jamaica Broilers declined 50 cents to finish at $39.50 with 4,847 stocks switching owners. Mayberry Group fell 49 cents to $7.52 with 9,400 units crossing the exchange, Mayberry Jamaican Equities advanced 63 cents to finish at $10 with investors trading just three stock units, NCB Financial shed 45 cents and ended at $50.20 in an exchange of 127,097 shares. Pan Jamaica popped $1.18 to close at $51.79 with investors swapping 2,430 units, Proven Investments lost $3.50 in closing at $17.92 with an exchange of 600 stocks, Sagicor Group slipped $2 to end at $37 with 108,660 stock units having been traded at the close. Scotia Group increased $1.02 to $61 with traders dealing in 103,450 shares, after the price hit an intraday low of $56.59, Seprod climbed 50 cents to $84.50 after an exchange of 150 stocks and Sygnus Real Estate Finance gained 38 cents to close at $10.28 with 450 units crossing the market.
In the preference segment, Eppley 7.25% preference share rallied $2.89 to finish at $19.25 with a transfer of 250 stock units, 138 Student Living preferred share popped $40.12 and ended at $278.87 with 123 shares crossing the market, Productive Business Solutions 10.5% preference share skidded $165 to end at a 52 weeks’ low of $935 with the trading of 113 stock units and Sygnus Credit Investments C10.5% gained $5 to $109 with 5,622 stocks passing through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on Jamaica Stock Exchange


Trading closed Thursday on the Jamaica Stock Exchange with a fall in the volume of stocks exchanged, with a slightly greater value than on Wednesday, resulting in the Main Market major indices falling, the Junior Market index rising and the JSE USD Market slipping. At the end of trading the prices of 37 shares rose, 50 declined and 28 remained firm.

At the close of the market, the JSE Combined Market Index declined 68.19 points to finish at 342,051.75, the All Jamaican Composite Index declined by 401.76 points to conclude trading at 380,609.53, the JSE Main Index fell by 255.90 points to 330,127.82, the Junior Market Index gained 24.62 points to end at 3,675.76 and the JSE USD Market Index dipped 0.17 points to end at 236.66.
At the close of trading, 9,885,996 shares were exchanged in all three markets, down from 42,849,534 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $103.07 million, up from $98.61 million on the previous day and the JSE USD market closed with an exchange of 176,396 shares for US$76,642 compared to 10,853,995 units at US$299,532 on Wednesday.
In Main Market activity, Transjamaican Highway led with 1.50 million shares followed by JMMB 9.5% preference share ended with 1.29 million stocks and Sagicor Select Financial Fund with 842,421 units.
In Junior Market trading, Stationery and Office Supplies led with 1.05 million shares followed by Fosrich with 556,899 stocks and EduFocal with 338,220 units.
In the preference segment of the market, Eppley 7.25% preferrence share rose $2.89 in closing at $19, 138 Student Living preferred share climbed $40.12 to close at $279, Productive Business Solutions 10.5% preference share lost $165 and ended at $935 and Sygnus Credit Investments C10.5% rose $5 to close at $109.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.2 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.

Transjamaican tops JSE Main Market trading


Trading dropped back to more sedate levels on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 52 percent boosted by a 9 million trade in Transjamaican Highway, but with a 75 percent lower value than on Tuesday.
Trading took place in 56 securities down from 60 on Tuesday, with prices of 17 rising, 20 declining and 19 ending unchanged, resulting in a decline in the value of the market.

The market closed with trading of 14,230,000 shares for $63,207,258 compared to 9,345,201 stock units at $253,994,490 on Tuesday.
Transjamaican led trading with 8.99 million shares for 63.2 percent of total volume followed by Radio Jamaica with 1.7 million stocks for 11.9 percent of the day’s trade and Wigton Energy with 1.23 million units for 8.7 percent of total trading.
The All Jamaican Composite Index dropped 1,811.19 points to finish at 381,011.29, the JSE Main Index sank 1,575.05 points to wrap up trading at 330,383.72 and the JSE Financial Index shed 0.39 points to close at 67.76. The Investor’s Choice bid-offer indicator shows 10 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 14.5. 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, Caribbean Cement advanced $1.37 to $85 with 26,887 units clearing the market, Eppley rose $1.98 to $37 with traders dealing in 263 stocks, GraceKennedy rallied $1.95 in closing at $73.95 after an exchange of 11,561 shares. Guardian Holdings increased $6 to close at $306 with a transfer of just 4 stock units, Jamaica Broilers climbed $1.40 to finish at $40 with investors swapping 9,984 shares, JMMB Group popped 60 cents and ended at $21.20 after an exchange of 67,776 stocks. Kingston Properties gained 59 cents in closing at $9 with investors dealing in 949 units, Mayberry Jamaican Equities dropped 63 cents to $9.37 in an exchange of 10,433 stock units, NCB Financial rose 40 cents to finish at $50.65 with investors trading 5,210 shares. Proven Investments gained 94 cents and ended at $21.42 in switching ownership of 14,194 units, Scotia Group sank $3.02 to end at $59.98 after 45,840 stocks passed through the market, Seprod skidded $1 to close at $84 in trading 9,112 stock units. Sygnus Credit Investments popped 80 cents to $12.80 after a transfer of 21,547 shares and Wisynco Group climbed 44 cents in closing at $21.59 with 222,260 units changing hands.
In the preference segment, Eppley 7.25% preference share lost $2.89 after ending at $16.36 in trading 61,370 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Junior & JSE USD Markets


All the Jamaica Stock Exchange market dropped on Wednesday, with Main Market volume and value of stocks trading falling from Tuesday’s levels while Junior and the JSE USD Markets ended with solid bounces in the volume and value of stocks traded. At the end of trading the prices of 36 shares rose, 33 declined and 31 remained firm.

At the close of the market, the JSE Combined Market dropped 1,800.10 points to 342,119.94, the All Jamaican Composite Index sank 1,811.19 points to conclude trading at 381,011.29, the JSE Main Index declined  by 1,575.05 points to 330,383.72, the Junior Market Index pulled back 40.99 points to end at 3,651.14 and the JSE USD Market Index lost 1.65 points to finish at 236.83.
At the close, 42,849,534 shares were exchanged in all markets, up from 13,915,261 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $98.61 million, down from $261.56 million on the previous day and the JSE USD market closed with an exchange of 10,853,995 shares for US$299,532 up sharply from 325,340 units at US$10,946 on Tuesday.
In Main Market activity, Transjamaican Highway led with 8.99 million shares followed by Radio Jamaica with 1.70 million stocks and Wigton Energy with 1.23 million units.
In Junior Market trading, Jamaican Teas led with 8.84 million shares followed by Lasco Financial with 2.0 million stocks and Regency Petroleum with 1.72 million units.
In the preference segment, Eppley 7.25% preference share dipped $2.89 to finish at $16.
The JSE market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 on 2024-25 earnings and 20.1 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 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.

GraceKennedy shakes up JSE Main Market


Transjamaican Highway just edged out GraceKennedy with the volume of stocks traded by both companies on Tuesday on the Jamaica Stock Exchange Main Market, Grace clobbered the former, with their stock accounting for $203 million 82 percent of the market value for the day jumped 454 percent higher after the volume climbed 83 percent over Monday, with trading in 60 securities down from 63 on Monday, with prices of 26 rising, 16 declining and 18 ending unchanged, with Scotia Group trading at a new 52 weeks’ high.

The market closed with 9,345,201 shares trading for $253,994,490 up from 5,102,009 units at $45,848,686 on Monday.
Trading averaged 155,753 stocks at $4,233,241 compared with 80,984 shares at $727,757 on Monday and month to date, an average of 237,121 units at $1,893,712 compared with 243,285 stocks at $1,716,475 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led trading with 2.87 million shares for 30.8 percent of total volume followed by GraceKennedy which ended with 2.82 million stocks for 30.2 percent of the day’s trade and Wigton Energy with 1.42 million stock units for 15.2 percent of the day’s trade.
The All Jamaican Composite Index sank 2,435.47 points to wrap up trading at 382,822.48, the JSE Main Index declined 1,534.48 points to close trading at 331,958.77 and the JSE Financial Index slipped 0.93 points to cease trading at 68.15. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. 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 a rise in trading, AS Bryden increased $1.75 to $31.90 with investors trading 126 stock units, Caribbean Cement dropped $3.37 to $83.63 after closing with trading of 16,866 shares, Eppley lost $1.98 and ended at $35.02 as investors exchanged 519 stocks. Eppley Caribbean Property Fund climbed $1.10 to end at $38 with just one unit changing hands, First Rock Real Estate rose 70 cents to finish at $9.20 in the trading of 2,017 shares, GraceKennedy sank $1.98 to finish at $72 with 2,820,553 stock units clearing the market. Guardian Holdings fell $9 and ended at $300 with investors swapping 1,538 stocks, Jamaica Broilers gained $1.20 to $38.60 after an exchange of 152,100 stock units, Kingston Properties shed 58 cents to close at $8.41 with trading of 1,016 shares. Kingston Wharves popped $1.78 to end at $30.09 after an exchange of 9,436 stock units, Massy Holdings sank $1.45 in closing at $82.50 after investors ended trading 4,051 stocks, Mayberry Group rallied 73 cents to finish at $8.29 after a transfer of 3,406 units. MPC Caribbean Clean Energy advanced $4.98 to $70 with traders dealing in 250 shares, Pan Jamaica dipped $3.68 to end at $50.32 after an exchange of 10,300 stock units, Proven Investments popped $2.58 to close at $20.48 with a transfer of 893 stocks. Scotia Group climbed $2 to finish at a 52 weeks’ closing high of $63, after trading at an intraday high of $63.99 with 21,024 units crossing the exchange, Seprod rose $1 and ended at $85 with 5,735 shares switching owners, Stanley Motta advanced $1 to close at $8 50 with stock units crossing the market and Wisynco Group slipped 73 cents to $21.15 with investors dealing in 35,141 stocks.
In the preference segment, 138 Student Living preferred share declined $43 to close at $238.75 with 50 units passing through the market and Productive Business Solutions 10.5% preference share skidded $13.99 to end at $1,100 with an exchange of 207 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Jamaica Stock Exchange

Scotia Group climbed to a new 52 weeks’ closing high on Tuesday

Trading closed Tuesday on the Jamaica Stock Exchange with a rise in the volume of stocks exchanged, carrying a greater value than on Monday and resulting in the Main Market major indices falling, the Junior Market index ending with gains and the JSE USD Market slipping modestly, with the market closing with prices of 44 shares rising, 35 declining and 30 remaining firm.

At the close of the market, the JSE Combined Market Index sank 1,340.70 points to end at 343,920.04, the All Jamaican Composite Index dropped 2,435.47 points to 382,822.48, the JSE Main Index declined 1,534.48 points to wrap up trading at 331,958.77, the Junior Market Index advanced 17.67 points to finish at 3,692.13 and the JSE USD Market Index dropped 0.96 points to 238.48.
The market closed with 13,915,261 shares traded in all three markets, up from 10,906,252 stock units on Monday, with the value of stocks traded on the Junior and the Main markets amounting to $261.56 million, up from $54.8 million on  the previous day and the JSE USD market closed with  325,340 shares being exchanged for US$10,946 versus 20,668 units at US$13,498 on Monday.
In Main Market, Transjamaican Highway led trading with 2.87 million shares followed by GraceKennedy with 2.82 million stocks and Wigton Energy with 1.42 million units.
In Junior Market trading, Lasco Financial led with 2.37 million shares followed by Image Plus with 311,884 stocks and Limners and Bards with 209,758 units.
In the preference segment, 138 Student Living preference share sank $43 to finish at $239 and Productive Business Solutions 10.5% preferred share dropped $13.99 and ended at $1,100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 on 2024-25 earnings and 20.3 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.

Scotia’s $6 jump pushes JSE Main Market up

Scotia Group head quarters in Kingston.


Scotia Group jumped $6 to end at a new multiple year high of $61 and helped the Jamaica Stock Exchange Main Market to end higher on Monday, trading in 63 securities up from 61on Friday, with prices of 24 rising, 26 declining and 13 ending firm, following an 80 percent drop in the volume of stocks traded with the value 67 percent lower than on Friday.

The market closed with the trading of 5,102,009 shares at $45,848,686 down sharply from 25,420,490 stock units at $137,218,439 on Friday. Trading averaged 80,984 shares at $727,757 compared with 416,729 stocks at $2,249,483 on Friday and month to date, with an average of 243,285 units at $1,716,475 just less than the 257,311 shares that were traded at $1,801,920 on the previous trading day and December with an average of 967,720 stock units at $18,390,902.

Transjamaican Highway led the market with 1.37 million shares for 26.8 percent of total volume followed by Wigton Energy with 1.30 million stock units for 25.5 percent of the day’s trade and JMMB Group preferred 7.35% – 2028 with 372,144 units for 7.3 percent of the volume traded.
The All Jamaican Composite Index gained 541.44 points to close at 385,257.95, the JSE Main Index climbed 418.99 points to end at 333,493.25 and the JSE Financial Index popped 0.51 points to end at 69.08. The Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activity, Caribbean Cement climbed $1.09 to $87 in an exchange of 159,933 stocks, Caribbean Producers fell 69 cents to close at $8.31 with 9,575 stocks clearing the market, Eppley Caribbean Property Fund sank $1.10 to $36.90 following a transfer of 9,738 shares. First Rock Real Estate slipped 95 cents to close at $8.50 with 5,503 stocks crossing the exchange, JMMB Group fell 35 cents to $20.90 with 68,424 stocks changing hands, Mayberry Group shed 83 cents to finish at $7.56 with an exchange of 11,146 stocks. Pan Jamaica rose $3.11 and ended at $54 after 537 units crossed the market, Proven Investments sank $3.10 to $17.90 after an exchange of 6,700 stock units, Sagicor Group lost $1 to close at $39 with investors swapping 5,521 shares. Scotia Group gained $6 to end at a 52 weeks’ closing high of $61 with 50,871 stock units switching owners, after trading at an intraday high of $62, Seprod dropped $1 to close at $84 as investors exchanged 19,018 stocks, Supreme Ventures popped 49 cents to finish at $21.99 closing at 4,569 units and Wisynco Group increased 43 cents and ended at $21.88 with investors trading 54,779 shares.
In the preference segment, Eppley 7.75% preferred share declined $3 to $19 with 49 units crossing the market, Jamaica Public Service 7% climbed $1.85 to end at $43.85 with investors dealing in 63 stocks. JMMB Group 7% preferred share dipped 44 cents to close at $2.50 with a transfer of 9,075 stock units, 138 Student Living preference share surged $35.25 to finish at $281.75 trading 14 shares, Productive Business Solutions 10.5% preferred share increased $58.99 to close at $1,113.99 with a mere one unit passing through the market and Sygnus Credit Investments C10.5% slipped 40 cents to $104 with investors trading 139 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Scotia hits new yearly record high


Scotia Group head quarters in Kingston.

ended trading $6 higher to a 52 weeks’ closing high of $61 after hitting an intraday high of $62 on Monday on the Jamaica Stock Exchange following a drop in the volume of stocks exchanged, having a lower value than on Friday and resulted in all three market indices falling, and ended with prices of 42 shares rising, 48 declining and 28 remaining firm.

At the close of the market, the JSE Combined Market Index climbed 650.14 points to 345,260.74, the All Jamaican Composite Index advanced 541.44 points to end at 385,257.95, the JSE Main Index rallied 418.99 points to wrap up trading at 333,493.25, the Junior Market Index climbed 34.79 points to finish at 3,674.46 after trading over 3,700 points in the morning session and the JSE USD Market Index rose 5.43 points to settle at 239.44.
At the close of trading, 10,906,252 shares were exchanged in all three markets, down from 36,562,506 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $54.8 million, down from $153.03 million on the previous day and the JSE USD market closed with 20,668 shares trading for US$13,498 down from 843,267 stocks at US$30,797 on Friday.
In the Main Market activities, Transjamaican Highway was the lead trade with 1.37 million shares followed by Wigton Energy with 1.30 million stocks and JMMB Group 7.35% – 2028 with 372,144 units.
In Junior Market trading, Kintyre Holdings led with 1.18 million shares followed by Limners and Bards with 777,058 stocks and Omni Industries with 719,885 units.
In the preference segment, Eppley 7.75% preference share lost $3 and ended at $19, Jamaica Public Service 7% climbed $1.85 to $44, 138 Student Living preference share increased $35.25 to finish at $282 and Productive Business Solutions 10.5% preference share popped $58.99 to close at $1,114.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 on 2023-24 earnings and 19.9 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.

New additions to ICTOP10 stocks


Stocks ended a mixed week with the Main Market adding a few hundred points or less than 0.2 percent and the Junior Market declining 1.6 percent for the week following a fall of half of one percent in the previous week, resulting in mostly price gains in the Main Market and the Junior Market with losers edging out winners as the ICTOP10 gets 3 new listings.

Only three stocks rose and six declined in the Junior Market ICTOP10 during the week. The Main Market ICTOP10 ended with six stocks gaining and just two declining. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change, with Jamaica Broilers replacing Caribbean Cream. Guardian Holdings with the potential to gain 436 percent continues to hold the number one spot in the market with 138 Student Living at number 2 in the All JSE ICTOP10. Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by Express Catering.
In the Junior Market IC TOP10, Caribbean Flavours jumped 17 percent to $1.41 Access Financial and Jamaican Teas rose 4 percent to $17.70 and $2.15 respectively. Caribbean Cream fell 14 percent to $2.77, Elite Diagnostics slipped 5 percent to $1.79, while AMG Packaging and Express Catering shed 4 percent to $3.28 and $3.11 respectively.
The Main Market ICTOP10 Berger Paints added 13 percent to close at $8.34, Caribbean Producers and Scotia Group rose 6 percent to close at $9 and $55, Key Insurance and QWI Investments propped 5 percent to $2.30 and 90 cents respectively.
Jamaica Broilers dropped 9 percent in the week and returned to the Main Market ICTOP10, replacing JMMB Group and the Junior Market ICTOP10 listings, Caribbean Cream and Image Plus released lower results than expected for the November quarter, resulting in earnings downgrades for both, with them dropping out of the TOP10 and were replaced by Limners & Bards and Lumber Depot.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.6, well below the market average of 14.4 and the Junior Market TOP10 stands at 9.1, more than half of the market, with an average of 13.3.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 273 percent by May 2025, providing better values than the Junior Market, projected to achieve a 151 percent increase for the same time.
In the Main Market ICTOP 10, there are 14 stocks with the highest values representing 27 percent of the Main Market, with PEs between 15 to 105, with an average of 29 and 21 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 are 14 stocks, 29 percent of the market, with PEs ranging from 15 to 31 with an average of 21 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 their 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.