TransJamaican powers up Main Market


Transjamaican Highway took a near 68 percent of the quantum of the stocks traded on the Main Market of the Jamaica Stock Exchange on Friday, helping to push the volume of stocks traded up 88 percent and the value 82 percent over Thursday, with a similar number of stocks trading to that on Thursday at 61, with prices of 21 rising, 20 declining and 20 ending unchanged.

The market closed following the trading of 19,423,907 shares for $93,678,407 up from 10,333,431 units at $51,358,952 on Thursday. Trading averaged 318,425 shares at $1,535,712 up from 169,401 stocks at $841,950 on Thursday. Trading for the month to date, averaged 243,913 stock units with a value of $1,188,831, compared with an average of 967,720 stocks at $18,390,902 in December.
Transjamaican Highway was the leading traded stock with 13.10 million shares for 67.5 percent of total volume followed by QWI Investments with 1.39 million stocks for 7.1 percent of the day’s trade, Wigton Energy with 1.38 million units followed for 7.1 percent market share and Sagicor Select Manufacturing & Distribution Fund with 1.16 million shares for 6 percent of total volume.
The All Jamaican Composite Index increased 1,538.96 points to close trading at 388,467.46, the JSE Main Index increased 674.92 points to 336,801.34 and the JSE Financial Index gained 0.04 points to end at 68.08. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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 trading on Friday, Caribbean Cement skidded $5.05 to $86 with 5,551 stocks crossing the market, Carreras popped $1.23 to end at a 52 weeks’ high of $14.48 but traded as high as $15, with 900,914 units traded, First Rock Real Estate sank 45 cents to $9 after an exchange of 14,020 shares. GraceKennedy dipped 67 cents and ended at $78.28 with 8,671 stock units traded, JMMB Group advanced 99 cents to finish at $22.17 with 31,938 shares switching owners, Kingston Properties lost $1.37 to close at $8.22 with 4,607 stock units crossing the exchange. Massy Holdings dropped $3.05 to $84 with a transfer of 485 units, NCB Financial shed 37 cents to finish at $50.53 with investors swapping 130,892 stocks, Pan Jamaica rose $5.46 and ended at $57.96 with 2,731 shares passing through the market. Sagicor Group declined $1.40 to $40 with investors trading 10,183 units and Wisynco Group gained 40 cents to close at $21.90 with an exchange of 19,119 stocks.
In the preference segment, Jamaica Public Service 7% rallied $5.55 to close at $40.55 with 100 stock units clearing the market. Jamaica Public Service 9.5% increased $45 to $2,695 with investors trading 9 shares, 138 Student Living preference share climbed $33 to finish at $228 with a mere 2 stocks crossing the exchange and Sygnus Credit Investments C10.5% increased $3.62 ending at $105 in an exchange of 43 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market only winner on Friday


Trading ended Friday on the Jamaica Stock Exchange, following a rise in the volume of stocks exchanged with a value that is more than on Thursday, resulting in the Main Market major indices rising, as the Junior Market index and the JSE USD Market fell. At the close of trading the prices of 34 shares rose, 47 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index increased 468.01 points to 348,736.24, the All Jamaican Composite Index rallied 1,538.96 points to close trading at 388,467.46, the JSE Main Index rose 674.92 points to 336,801.34, the Junior Market Index lost 24.74 points to end the day at 3,717.98, and the JSE USD Market Index dropped 17.72 points to settle at 234.60, with Carreras aiding the movement in the Main market in closing ay a 52 weeks’ high of $14.48.
At the close of trading, 29,818,627 shares were exchanged in all three markets, up from 19,501,677 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $117.06 million, much more than the $68.29 million on the previous day and the JSE USD market closed with an exchange of 2,139,002 shares for US$61,591 up from just 59,603 units at US$7,997 on Thursday.
In Main Market activity, Transjamaican Highway led trading with 13.10 million stocks followed by QWI Investments with 1.39 million shares and Wigton Energy with 1.38 million units.
In Junior Market trading, Express Catering led with 5.0 million stocks followed by Dolla Financial with 1.13 million shares and AMG Packaging with 270,978 units.
In the preference segment, Jamaica Public Service 7% gained $5.55 to $40.55, Jamaica Public Service 9.5% rose $45 to close at $2,695, 138 Student Living preference share climbed $33 and ended at $228, Sygnus Credit Investments C10.5% increased $3.62 to end at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.1 based on 2024-25 projected earnings and 20.7 based on 2023-4 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help in decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding 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 to assess 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.

Main Market trading drops into 2025


The Jamaica Stock Exchange Main Market started the new year on Thursday, with investors acting like warm to the offerings at the start of the year and ended trading 67 percent less shares and exchanged 76 percent dollars than they did on Tuesday, while trading 61 securities down from 65 on Tuesday, with prices of 22 rising, 26 declining and 13 ending unchanged.

The Main Market closed after an exchange of 10,333,431 shares for $51,358,952 compared with  31,201,756 stock units valued at $215,989,231 on Tuesday. Trading ended with an average of 169,401 shares at $841,950 compared to 480,027 stocks at $3,322,911 on Tuesday and December with an average of 967,720 stock units at $18,390,902.
Wigton Energy was the leading trade with 3.85 million shares for 37.3 percent of the overall volume followed by Transjamaican Highway with 3.50 million units for 33.9 percent of the day’s trade and Pulse Investments with 571,191 stock units for 5.5 percent market share.
The All Jamaican Composite Index declined 1,301.49 points to close trading at 386,928.50, the JSE Main Index rose 331.48 points to finish at 336,126.42 and the JSE Financial Index dipped 0.37 points to end at 68.04. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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, AS Bryden gained 69 cents to end at $30.69 in an exchange of 3,516 stocks, Berger Paints popped 75 cents to close at $8.45 after dealing in 29,235 units, Caribbean Cement fell 95 cents to $91.05 after the trading of 18,353 stock units. Caribbean Producers rallied 54 cents to $8.90 with 4,583 stocks crossing the market, Eppley Caribbean Property Fund rose $8 and ended at $37 with investors dealing in 3,400 units, First Rock Real Estate lost 55 cents to finish at $9.45 with 189,166 stocks passing through the market. Jamaica Broilers climbed $4.25 and ended at $42.20 after a transfer of 19,768 shares, JMMB Group dipped $1.17 to $21.18 with investors trading 28,529 stock units, Kingston Wharves sank $1.15 to end at $33.10 after an exchange of 3,366 shares. Lasco Manufacturing increased 48 cents to close at $7.98 with investors trading 111,705 stocks, Margaritaville advanced 76 cents to close at $14.10 with a mere 44 units changing hands, Mayberry Jamaican Equities rose 55 cents to finish at $11.82 after the trading of 5,852 stock units. Pan Jamaica skidded $6.50 and ended at $52.50 as investors traded 33,164 shares, Sagicor Group climbed $1.40 to $41.40 with a transfer of 143,083 stocks  Scotia Group popped 51 cents to end at $54.50 with 5,213 units crossing the changing owners, Seprod sank $5.23 to $87.17 with 222 stocks switching owners, Supreme Ventures slipped $2.25 to finish at $24.25 with 14,565 shares clearing the exchange and Wisynco Group dropped 49 cents to close at $21.50 with an exchange of 23,748 stocks.
In the preference segment, Jamaica Public Service 7% shed $8.95 to end at $35 with just 86 shares crossing the market, Productive Business Solutions 10.5% preference share declined $2 to close at $1,118 with 73 stock units traded and Sygnus Credit Investments C10.5% sank $3.62 to close at $101.38 with 500 shares switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Jamaican stocks creep quietly into New Year


The Jamaica Stock Exchange opened trading in the New Year with gains in the major indices and closed with the Main Market JSE Index, Junior Market and the USD market finishing above the 2024 close and the All Jamaican Composite Index lost ground to start the new year lower. At the close of trading the prices of 46 shares rose, 53 declined and 17 remained firm.

The market ended with the JSE Combined Market Index rising 372.01 points to close trading at 348,268.23, the All Jamaican Composite Index fell 1,301.49 points to close at 386,928.50, the JSE Main Index increased 331.48 points to end the day at 336,126.42, the Junior Market Index managed to close just 7.67 points higher at 3,742.72 and the JSE USD Market Index rose 0.44 points to conclude trading at 252.32.
At the close of trading, 19,501,677 shares were exchanged in all three markets, down sharply from 80,752,276 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $68.29 million, well below the $355.98 million on the previous trading day. The JSE USD market closed with an exchange of just 59,603 shares for US$7,997 compared to 926,638 units at US$32,454 on Tuesday.
In Main Market activity, Wigton Energy led trading with 3.85 million stocks followed by Transjamaican Highway with 3.50 million shares and Pulse Investments with 571,191 units.
In Junior Market trading, One Great Studio led with 1.13 million stocks followed by Lasco Financial with 1.12 million shares and Derrimon Trading with 1.11 million units.
In the preference segment, Jamaica Public Service 7% declined $8.95 to end at $3 , Productive Business Solutions 10.5% preference share shed $2 to $1118 and Sygnus Credit Investments C10.5% lost $3.62 and ended at $101.38.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 20.8 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding 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 to assess 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.

3 JSE Main Market stocks top 70% in 2024


Lasco Manufacturing, TransJamaican Highways and Wigton Energy gained over 70 percent on the Main Market of Jamaica Stock Exchange during 2024, a year in which the overall market gained just 3.1 percent while the Jamaica based stocks gained 5.8 percent.
The three top performing stocks are Caribbean Cement rose 53 percent, following the release of outstanding third quarter results, Carreras jumped by 51 percent benefitting from lower interest rates in the second half of the year and increased price for cigarettes, Scotia Group stock popped a healthy 41 percent, following a 17 percent rise in 2024 profits, QWI Investments gained 38 percent followed by the Jamaica Stock Exchange with a 33 percent return on the share value during the year, with blowout third quarter results. Lasco Manufacturing with a 74 gain, topped the Main Market stocks but was far short of the overall best performer on the exchange, the Junior Market listed Blue Power with a gain of 111 percent. Pulse investments was the worst performing stock in market with a fall of 45 percent followed by the big loss maker RJR Group down 35 percent, Eppley chipped with a fall of 31 percent, NCB Financial Group pressured by the lukewarm public share issue during the year, declined by a a meaningful 27 percent for the year and 21.5 percent from the APO price of $65 and Margaritaville with a slippage of 24 percent.

Main Market stocks rise 3.1% in 2024


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 22 percent and the value 38 percent more than on Monday, with trading in 65securities compared with 64 on Monday, with prices of 23 rising, 18 declining and 24 ending unchanged as the market closed with moderate gains for the year, with Lasco Manufacturing being the leading Main Market stock for the year.

The market closed with 31,201,756 shares traded for $215,989,231 versus 40,210,672 stock units at $156,530,284 on Monday. Trading ended with an average of 480,027 shares at $3,322,911 compared to 628,292 stocks at $2,445,786 on Monday. For month to date, trading ended with an average of 967,720 units at $18,390,902 compared to 995,214 shares at $19,240,355 on the Monday and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 18.17 million shares for 58.2 percent of total volume followed by Transjamaican Highway with 3.04 million stocks for 9.8 percent of the day’s trade, Supreme Ventures ended with 2.07 million units for 6.6 percent market share, Radio Jamaica closed with 1.73 million stocks for 5.5 percent of the volume traded and Jamaica Broilers with 1.21 million shares for 3.9 percent of total volume.
The All Jamaican Composite Index climbed 2,828.07 points to end at 388,229.99, up 5.8 percent for 2024 the JSE Main Index rallied 2,595.47 points to end the year with a rise of 3.1 percent at 335,794.94 and the JSE Financial Index popped 0.62 points to wrap up trading at 68.41. The Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.4. The JSE Main and USD Market PE ratios are based on the last traded prices and projected earnings done by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activities, AS Bryden skidded 69 cents to end at $30 with an exchange of 3,094 shares, Berger Paints rose 60 cents in closing at $7.70 with 1,360 stocks changing hands, Caribbean Cement gained $5.40 to close at a 52 weeks’ high of $92 in an exchange of 73,191 shares. Eppley Caribbean Property Fund sank $8 to finish at to close at a 52 weeks’ low of $29 with traders dealing in 5,346 stock units, Jamaica Producers popped 75 cents and ended at $24.75 and closed with an exchange of 44,032 shares, Jamaica Stock Exchange increased $1.30 to close at $13.30 with a transfer of 93,002 stocks. Kingston Wharves climbed $2.42 to $34.25 with 19,263 units crossing the market, Massy Holdings rallied $3.19 and ended at $87 with investors trading 12,922 stock units, Mayberry Jamaican Equities slipped $1.73 to finish at $11.27 in an exchange of 27,330 shares. NCB Financial advanced 99 cents in closing at $51 with investors trading 248,922 stock units, Pan Jamaica popped $1 to end at $59 after a transfer of 25,066 stocks, Sagicor Real Estate Fund rallied 35 cents to close at $8.40 with trading of 4,732 units. Salada Foods rose 50 cents to $4 with 177,471 shares crossing the market, Scotia Group climbed $3.29 to close at $53.99 as investors exchanged 17,018 stocks, Seprod increased $8.40 to end at a 52 weeks’ high of $92.40 in switching ownership of 102,565 units. Supreme Ventures advanced $3 in closing at $26.50 after an exchange of 2,065,841 stock units and Wisynco Group gained 64 cents to finish at $21.99 with investors swapping 47,051 shares.
In the preference segment, Jamaica Public Service 7% popped $1.45 and ended at $43.95 with 21 stocks crossing the exchange. Jamaica Public Service 9.5% dropped $453.85 to $2,650 with investors dealing in 400 units and 138 Student Living preference share shed $62 to end at $195 after an exchange of 209 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for Main Market stocks to close 2024


Trading Tuesday on the Jamaica Stock Exchange ended with a rise in the volume of stocks that were exchanged with a greater value than on Monday, resulting in Main Market major indices rising, the Junior Market index declining and the JSE USD Market climbing. At the close of trading the prices of 55 shares rose, 33 declined and 32 remained firm.

At the close of the market, the JSE Combined Market Index rallied 2,247.56 points to 347,896.22, the All Jamaican Composite Index popped 2,828.07 points to end at 388,229.99, the JSE Main Index jumped 2,595.47 points to finish at 335,794.94, the Junior Market Index dropped 32.70 points to end at 3,735.05 and the JSE USD Market Index climbed 21.44 points to 251.88.
At the close of trading, 80,752,276 shares were exchanged in all three markets, up from 52,688,268 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $355.98 million, up from $182.88 million on the previous day and the JSE USD market closed with an exchange of 926,638 shares for US$32,454 compared to 195,047 units at US$5,611 on Monday.
In Main Market activity, Wigton Energy led trading with 18.17 million shares followed by Transjamaican Highway with 3.04 million stocks Supreme Ventures with 2.07 million units.
In Junior Market trading, Express Catering led with 14.09 million stocks followed by ONE on ONE Educational with 4.64 million shares and Stationery and Office Supplies with 4.35 million units.
In the preference segment, Jamaica Public Service 7% popped $1.45 in closing at $43.95, Jamaica Public Service 9.5% sank $453.85 to $2,650, 138 Student Living preference share shed $62 to close at $195 .
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.3 based on 2024-25 earnings and 21.1 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding any major time income or expenses.
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.

All Jamaica Index closes near 2 years’ high


Jamaican Main Market stocks are back to highs not seen since January 2023, nearly two years ago as bullish trading pushed the index that measures just Jamaican based stocks climbed 27,055.36 points since November 22, to the penultimate day of the year, with the market breaking solidly out of an upward sloping channel starting in July and flashing bullish signal since, with the market recording higher highs and higher lows since September following the cut in Bank of Jamaica over nigh rate in August.

Trading activity slipped marginally on the Jamaica Stock Exchange Main Market ended on Monday, with trading in 64 securities compared with 62 on Friday, with prices of 22 rising, 21 declining and 21 ending unchanged and sending the market higher at the close.
The market closed with 40,210,672 shares trading for $156,530,284 down moderately from 43,842,677 stock units at $162,667,778 on Friday. Trading averaged 628,292 shares at $2,445,786 compared to 707,140 stocks at $2,623,674 on Friday and for the month to date, an average of 995,214 units at $19,240,355 down from 1,016,778 shares at $20,227,364 on Friday and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 24.77 million shares for 61.6 percent of total volume followed by Transjamaican Highway with 4.32 million stock units accounting for 10.7 percent of the day’s trade, Mayberry Jamaican Equities with 3.32 million stock units for 8.3 percent market share, Sterling Investments with 2.02 million stock units for 5 percent market share after the price hit a 52 week’s high of $2.80 and Radio Jamaica with 1.13 million units for 2.8 percent of total volume.
The All Jamaican Composite Index gained 3,267.33 points to end at 385,401.92, up 5 percent for the year, the JSE Main Index rallied 1,719.39 points to end at 333,199.47, with a 2.3 percent rise in 2024 and the JSE Financial Index increased 0.15 points to wrap up trading at 67.79. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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 trading, Berger Paints dropped 65 cents and ended at $7.10 in an exchange of 1,889 stock units, Caribbean Cement climbed 62 cents to a 52 weeks closing high of $86.60 with 12,714 shares changing hands, GraceKennedy sank 90 cents to end at $79 as 54,264 units passed through the market. Jamaica Broilers skidded $1.80 in closing at $37.75 after trading of 65,837 stocks and trading at an intraday 52 weeks’ high of $42.31, JMMB Group increased 50 cents to close at $22.50 after a transfer of 219,505 shares, Kingston Wharves fell $1.16 to finish at $31.83 with investors trading 4,948 stocks. Lasco Manufacturing declined 36 cents to $7.80 with 12,466 units crossing the market, Margaritaville popped 84 cents in closing at $13.34 with investors trading just one stock unit, Massy Holdings lost $1.09 and ended at $83.81 with 32,044 shares crossing the market. Mayberry Jamaican Equities rallied $1.70 to finish at $13 after an exchange of 3,321,203 units, Pan Jamaica shed $3 to end at $58 with investors dealing in 6,001 stocks, Sagicor Group rose $1.99 to close at $40 in an exchange of 288,319 stock units. Sagicor Real Estate Fund sank 35 cents to $8.05 with traders dealing in 182,085 shares, Scotia Group dipped $1.80 and ended at $50.70 as investors exchanged 59,018 stocks, Seprod slipped 50 cents to finish at $84 in switching ownership of 13,728 units. Supreme Ventures fell 50 cents to close at $23.50 after an exchange of 103,816 stock units, Sygnus Real Estate Finance dipped 39 cents to end at $9.61 with 6,513 shares clearing the market and Wisynco Group lost 65 cents in closing at $21.35 with investors swapping 216,930 stock units.
In the preference segment, Jamaica Public Service 7% advanced $2.50 to $42.50 with a transfer of 91 units, Jamaica Public Service 9.5% gained $672.85 to finish at $3103.85 crossing the exchange 220 stocks, 138 Student Living preference share popped $2.02 and ended at $257 after trading of 4 shares and Productive Business Solutions 10.5% preference share advanced $48 to end at $1120 with an exchange of 40 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Buoyant trading lifts Jamaica Stock Exchange


Trading on the Jamaica Stock Exchange ended on Monday with a fall in the volume and value of stocks exchanged compared to Friday, resulting in the Main Market major indices and the Junior Market index jumping and the JSE USD Market declining. At the close of trading the prices of 37 shares rose, 47 declined and 34 remained firm.

At the close of the market, the JSE Combined Market Index climbed 1,935.02 points to 345,648.66, the All Jamaican Composite Index popped 3,267.33 points to wrap up trading at 385,401.92, the JSE Main Index rallied 1,719.39 points to finish at 333,199.47, the Junior Market Index jumped 40.56 points to close at 3,767.75 and the JSE USD Market Index dipped 2.88 points to close at 230.44.At the close of trading, 52,688,268 shares were exchanged by investors in all three markets, down from 59,254,946 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $182.88 million, down from $196.44 million on the previous day and the JSE USD market closed with an exchange of 195,047 shares for US$5,611 up from 32,270 units at US$3,513 on Friday.
In Main Market activity, Wigton Energy led trading with 24.77 million stocks followed by Transjamaican Highway with 4.32 million shares and Mayberry Jamaican Equities with 3.32 million units.
In Junior Market trading, Lumber Depot led with 2.06 million stocks followed by Derrimon Trading with 1.75 million shares and Everything Fresh with 1.21 million units.
In the preference segment, Jamaica Public Service 7% increased $2.50 to end at $42.50, Jamaica Public Service 9.5% climbed $672.85 in closing at $3,103.85, 138 Student Living preference share rose $2.02 to $257 and Productive Business Solutions 10.5% preference share gained $48 to finish at $1,120.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 21 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 in decision-making. The PE ratio chart covers all ordinary shares listed on Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within sectors and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding 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 to assess 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.

ICTOP10 stocks mostly rise for week

In a belated show of strength bulls displayed their horns in a shortened Christmas trading week, pushing the Jamaica Stock Exchange Main and Junior markets sharply higher over the previous week’s close, with a 2.4 percent rise in the Junior Market, with the Main Market the All Jamaica Composite Index jumping 12,928 points or 3.5 percent with an increase of 4.1 percent for the year so far and 10.4 percent since bottoming out on September 5 at 346,017.57 points.

The JSE Composite Index rose 10,029 points for a 3.11 percent gain for the week and 1.8 percent for the year to date, as the market takes on a more bullish tone, ahead of the close for the year.
The week’s movement resulted in six stocks rising and just one falling in the Junior Market ICTOP10. In the Main Market TOP10, four stocks rose and only two declined. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change with AMG Packaging replacing Key Insurance, following a 13 percent rise in the latter price. Guardian Holdings with the potential to gain 433 percent continues to hold the number one spot with Pulse Investments at number 2.
For a sixth week, Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by AMG Packaging and Caribbean Cream.
In the Junior Market ICTOP10, Caribbean Flavours jumped 17 percent to $1.40, Knutsford Express gained 13 percent to close at a 52 weeks’ high of $14.19, Lumber Depot rose 8 percent to $2.65, Express Catering rallied 7 percent to $3.38 and Elite Diagnostics gained 4 percent to close at $1.90. Iron Rock Insurance was the only losing stock with an 8 percent fall to $3.59.
After dropping out of the Junior Market ICTOP10 last week, Image Plus returns, replacing Knutsford Express.
In Main Market ICTOP10 activity, Key Insurance gained 13 percent after ending at $2.44, Berger Paints gained 11 percent to close at $7.75, and QWI Investments rose 3 percent to 80 cents. Pulse Investments dropped 14 percent to $1.18 and Scotia Group declined 3 percent to $52.50 after trading at a 52 weeks’ high of $57.94 on Friday.
The average PE for the JSE Main Market ICTOP 10 stands at just 4.8, well below the market average of 14.8 and the Junior Market TOP10 sits at 8.1, more than half of the market, with an average of 12.9.
The Main Market ICTOP10 is projected to gain an average of 325 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve a 170 percent gain over the same period.
In the Main Market ICTOP 10, a total of 17 of the most highly valued stocks representing 33 percent of the Main Market have PEs between 15 to 108, with an average of 29 and 23 excluding the highest PE ratios and a PE of 25 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 12 stocks, 25 percent of the market, with PEs ranging from 15 to 33 with an average of 22 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.