Bulls charged JSE Main Market on Friday


Bulls continue to charge quietly in trading on the Jamaica Stock Exchange Main Market ended on Friday, with trading in 62 securities compared with 63 on Tuesday, driving prices of 31 stocks higher, 12 lower and 19 ended unchanged, as 5 stocks hit 52 weeks’ high and one at a yearly low, with the volume of stocks traded rising 185 percent and the value 15 percent lower than on Tuesday.

The market closed with 43,842,677 shares trading for $162,667,778 compared to 15,371,742 stock units at $192,090,145 on Tuesday.
Trading averaged 707,140 shares at $2,623,674 compared to 243,996 stocks at $3,049,050 on Tuesday and month to date, an average of 1,016,778 units for $20,227,364 compared with 1,035,471 shares at $21,290,099 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 18.14 million shares for 41.4 percent of total volume followed by Transjamaican Highway with 8.45 million stocks for 19.3 percent of the day’s trade, Sagicor Select Financial Fund ended with 6.13 million units for 14 percent of market share, QWI Investments contributed with 2.65 million shares for 6 percent of stocks traded, Lasco Manufacturing closed with 2.34 million stock units for 5.3 percent of trading and Sterling Investments with 1.19 million units for 2.7 percent of total volume.
Caribbean Cement ended at a 52 weeks’ high of $85.98 after hitting an intraday high of $86.65, Pan Jamaica closed at 52 weeks’ high of $61.0, Wigton Energy ended at a 52 weeks’ high of $1.59 after hitting a record high of $1.70, while Jamaica Public Service 9.5% preference shares declined to $2,431 for a yearly low. Carreras traded at pay intraday 52 weeks high of $13.02 and Scotia Group at$56.98 before falling back to close much lower.
The All Jamaican Composite Index popped 4,047.53 points to end at 382,134.59, the JSE Main Index increased 1,586.90 points to 331,480.08 and the JSE Financial Index popped 0.41 points to finish at 67.64. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six 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 rose 69 cents to finish at $30.69 in trading 1,028 shares, Caribbean Cement gained 98 cents and ended at a 52 weeks’ closing high of $85.98 after hitting an intraday high of $86.65 and ending with 15,471 stocks clearing the market, First Rock Real Estate popped $1.30 to $10 as investors exchanged 24,651 shares. Jamaica Broilers increased $1.55 to end at $39.55 after 29,845 stock units were traded, Jamaica Producers climbed $1.69 in closing at $23.70 with an exchange of 11,734 shares, Kingston Wharves advanced 80 cents to close at $32.99 after 4,143 stocks passed through the market. Lasco Manufacturing rallied 66 cents to $8.16 with investors dealing in 2,342,337 units, Massy Holdings fell $2.60 and ended at $84.90 with a transfer of 1,565 stock units, Mayberry Group popped $1.11 to end at $9.10 with investors swapping 122,127 shares. Mayberry Jamaican Equities climbed $1.25 in closing at $11.30 after an exchange of 197,888 stocks, Pan Jamaica rose $4 to close at a 52 weeks’ high of $61 with investors trading 121,445 units, Proven Investments gained $1 to finish at $19.50 after a transfer of 40,102 stock units. Sagicor Group increased 90 cents and ended at $38.01 with traders dealing in 18,558 shares, Scotia Group fell $2.41 to $52.50 crossing the exchange 106,437 units after the price hit a 52 weeks’ intraday high of $57.94 before it ran out of steam, Seprod dipped 50 cents to close at $84.50 with 2,559 stocks changing hands. Supreme Ventures rallied $1.60 to end at $24 after an exchange of 1,024,563 stock units and Sygnus Real Estate Finance sank 88 cents in closing at $10 with 3,392 shares crossing the market.
In the preference segment, Jamaica Public Service 7% declined $3.95 to finish at $40 in an exchange of 124 units and Jamaica Public Service 9.5% shed $429 and ended at a 52 weeks’ low of $2,431 with 34 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on the JSE Markets


All three markets of the Jamaica Stock Exchange closed higher at the end of trading on Friday following the closure of the Jamaica Stock Exchange on Christmas and Boxing Day, with the overall market closing with a sharp jump in the volume of stocks changing hands with a value just lower than Tuesday, At the close of trading the prices of 55 shares rose, 25 declined and 37 remained firm.

At the close of the market, the JSE Combined Market Index rallied 1,660.07 points to 343,713.64, the All Jamaican Composite Index jumped 4,047.53 points to settle at 382,134.59, the JSE Main Index increased 1,586.90 points to close at 331,480.08, the Junior Market Index gained 19.88 points to finish at 3,727.19 and the JSE USD Market Index popped 6.77 points to 233.32.
At the close of trading, 59,254,946 shares were exchanged in all three markets, up from 21,874,029 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $196.44 million, slightly lower than the $205.29 million on the previous trading day and the JSE USD market closed with an exchange of 32,270 shares for US$3,513 compared to 598,456 units at US$39,389 on Tuesday.
In Main Market activity, Wigton Energy led trading with 18.14 million stocks followed by Transjamaican Highway with 8.45 million shares and Sagicor Select Financial Fund with 6.13 million units.
In Junior Market trading, Fosrich led with 3.62 million stocks followed by Lumber Depot with 3.45 million shares and Jamaican Teas with 2.12 million units.
In the preference segment, Jamaica Public Service 7% slipped $3.95 to close at $40, Jamaica Public Service 9.5% fell $429 to $2,431.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14.2 based on 2024-25 projected earnings and 21.2 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. 

Sizzling hot JSE Main Market stocks


Stocks sizzled in trading on the Jamaica Stock Exchange Main Market on Tuesday, with five stocks closing at 52 weeks’ high and one at a low, with several stocks enjoying sizable price gains and leading the market to end with a major jump in the indices as All Jamaican Composite Index extended the gains for the year while the JSE Market index climbed into positive territory for the first time since mid- April this year.

Following the huge trade in Sagicor Group on Monday, trading returned to more sedate levels, with the volume of stocks traded declining 96 percent and the value 99 percent lower than on Monday, following trading in 63 securities compared with 64 on Monday, with prices of 26 stocks rising, 17 declining and 20 ending unchanged.
Carreras, Caribbean Cement, Pan Jamaica, Scotia Group and Wigton, all traded at 52 weeks’ high and AS Bryden closed at a 52 weeks’ low.
The market closed with 15,371,742 shares trading for $192,090,145 compared with 429,821,047 stock units at $15,801,536,064 on Monday. Trading averaged 243,996 shares at $3,049,050 compared to 6,715,954 stocks at $246,899,001 on Monday and month to date, an average of 1,035,471 units at $21,290,099 compared with 1,087,196 shares at $22,482,200 on the previous day and well above November with an average of 286,669 stock units at $2,555,172.
Transjamaican Highway led trading with 3.91 million shares for 25.5 percent of total volume followed by Wigton Energy with 2.95 million stocks for 19.2 percent of the day’s trade, QWI Investments ended with 1.46 million units for 9.5 percent market share, Sagicor Select Financial Fund with 1.42 million shares for 9.2 percent of the total volume and Scotia Group with 1.11 million units for 7.2 percent of the traded volume.
The All Jamaican Composite Index climbed 3,683.43 points to wrap up trading at 378,087.06, the JSE Main Index climbed 4,705.60 points to conclude trading at 329,893.18 and the JSE Financial Index rose 0.58 points to 67.23. The Investor’s Choice bid-offer indicator shows 17 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 14.7. 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, AS Bryden declined 51 cents to $30 after 7,029 stocks passed through the market, Caribbean Cement rallied $7 and ended at $85 with investors trading 45,413 units, Carreras popped 40 cents in closing at $13 with an exchange of 66,919 shares. First Rock Real Estate shed 81 cents to close at $8.70 with 302,492 stock changing hands, GraceKennedy advanced $3.74 to end at $80 with investors trading 775,977 shares, Jamaica Broilers rose $1.60 to finish at $38 in an exchange of 226,303 stocks.  Jamaica Producers dropped $1.99 to $22.01 with 6,437 units crossing the market, Jamaica Stock Exchange fell 90 cents to close at $12 after an exchange of 5,009 stock units, Margaritaville climbed 48 cents to end at $12.50 with 82 shares crossing the market. Massy Holdings increased $5.50 in closing at $87.50 with investors dealing in just 18 units, Mayberry Group gained 49 cents and ended at $7.99 with 6,439 stocks crossing the exchange, Mayberry Jamaican Equities popped 85 cents to finish at $10.05 after a transfer of 41,325 stock units. Pan Jamaica rallied $5 and ended at $57 as investors exchanged 116,269 shares, Sagicor Group slipped 89 cents to $37.11 in trading 29,649 units, Scotia Group gained $2.76 in closing at $54.91 with 1,112,346 stocks clearing the market and Wisynco Group climbed 55 cents to end at $21.75 in an exchange of 125,383 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sagicor Day on JSE Main Market


Trading in Sagicor Group shares overshadowed activities on the Jamaica Stock Exchange Main Market on Monday, with an exchange of 414 million units for $15.7 billion resulting in the volume of stocks traded rising 1,119 percent and the value 2,644 percent more than on Friday, with trading in 64 securities compared with 62 on Friday, with prices of 24 stocks rising, 18 declining and 22 ending unchanged.

The market closed with trading of 429,821,047 shares at a value of  $15,801,536,064 compared with 35,253,440 units at $575,934,190 on Friday.
Trading averaged 6,715,954 shares at $246,899,001 up from 568,604 stocks at $9,289,261 on Friday and for the month to date, an average of 1,087,196 shares at $22,482,200 compared with 686,928 shares at $6,523,672 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Sagicor Group led trading with 413.89 million shares for 96.3 percent of total volume followed by Sagicor Select Financial Fund with 6.81 million stocks for 1.6 percent of the day’s trade, Transjamaican Highway chipped in with 2.77 million units for 0.6 percent market share, Sterling Investments traded 1.51 million shares for 0.4 percent of the total volume and Wigton Energy with 1.45 million units for 0.3 percent of the market volume after trading at a 52 weeks’ high of $1.40.
The All Jamaican Composite Index climbed 5,196.86 points to  374,403.63, the JSE Main Index gained 3,736.63 points to end at 325,187.58 and the JSE Financial Index rose 0.52 points to 66.65.
The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended 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 trading, Barita Investments advanced 49 cents to end at $74 5,443 after stock units crossed the market, Berger Paints popped 79 cents to $7.80 with investors trading 2,662 shares, Caribbean Cement gained 41 cents to close at $78 in switching ownership of 35,742 units. First Rock Real Estate sank 45 cents to finish at $9.51 after trading 303 stocks, Jamaica Broilers slipped 40 cents to $36.40 with 13,868 shares changing hands, Jamaica Producers rose $2 in closing at $24 after a transfer of 4,760 units. Jamaica Stock Exchange climbed 94 cents to $12.90 with 970 stocks passing through the market, Margaritaville sank 48 cents to close at $12.02 after an exchange of 398 stock units, Pan Jamaica increased 55 cents to end at $52 with 139,586 shares clearing the market and Scotia Group skidded $1.74 in closing at $52.15 with an exchange of 27,523 stock units.

In the preference segment, Jamaica Public Service 7% rallied $1.95 to finish at $43.95 and closed with an exchange of just 6 stocks, Jamaica Public Service 9.5% increased $105 and ended at $2,860 after investors exchanged 25 units. 138 Student Living preference share lost $45.02 to close at $254.98 in trading 9 shares and Sygnus Credit Investments C10.5% climbed $3.60 to finish at $105 with 47 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Santa rally, Sagicor trades $1.6b


Sagicor Group traded more than 400 million shares valued more than $1.57 billion on the Jamaica Stock Exchange on Monday pushing the volume and the value of stocks traded well above Friday’s levels after an exchange of 435,202,023 shares in all three markets, up from 38,158,414 units on Friday for $15.81 billion on the Junior and Main markets amounting, up sharply from $580.24 million on the previous trading day.

Trading on the JSE USD market closed with an exchange of 32,183 shares for US$2,895 compared to 566,050 units at US$37,617 on Friday.
Trading activities in the markets ended with the prices of 42 shares rising, 36 declining and 40 ending firm.
At the close of the market, the JSE Combined Market Index rallied 3,945.05 points to t 337,441.10, the All Jamaican Composite Index rallied 5,196.86 points to conclude trading at 374,403.63, the JSE Main Index climbed 3,736.63 points to end the day at 325,187.58, the Junior Market Index advanced a solid 51.85 points to finish at 3,691.61 and the JSE USD Market Index rose 0.57 points to conclude trading at 230.23.
In Main Market activity, Sagicor Group led trading with 413.89 million stocks followed by Sagicor Select Financial Fund with 6.81 million shares and Transjamaican Highway with 2.77 million units.
In Junior Market trading, Lumber Depot led with 1.50 million stocks followed by Derrimon Trading with 1.05 million shares and Kintyre Holdings with 836,962 units.
In the preference segment, Jamaica Public Service 7% gained $1.95 and ended at $43.95, Jamaica Public Service 9.5% popped $105 to $2,860, 138 Student Living preference share dropped $45.02 to end at $254.98 and Sygnus Credit Investments C10.5% climbed $3.60 in closing at $105.
The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.6 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 these measures 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 stock jumps 38%  


One ICTOP10 stock jumped 38 percent in a week that the Jamaica Stock Exchange Main and Junior markets failed to build on the gains of the previous week, closing with a 2.3 percent fall in the Junior Market and more moderate slippages for the Main Market as the All Jamaica Composite Index fell 1,194 points or 0.32 and the Composite Index dipped 561 points for a 0.17 percent decline.

The week’s movement resulted in just one stock rising and seven falling in the Junior Market ICTOP10. In contrast to the Junior Market, only two stocks declined the Main Market TOP10 and six gained. The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, has Guardian Holdings with the potential to rise 433 percent taking back the number one spot from Pulse Investments that held it last week and ended with the price jumping sharply, reducing its potential gains to 335 percent from 500 percent last week. Caribbean Cream replaced NCB Financial in the All JSE TOP10.
For a fifth week, Elite Diagnostics holds the number one spot in the Junior Market TOP10 followed by Caribbean Cream just edging out carton box maker, AMG Packaging.
In the Junior Market ICTOP10, no stock ended with meaningful gain. Access Financial and Elite Diagnostics fell 9 percent to close at $18.02 and $1.83 respectively, while Lumber Depot and Express Catering fell 4 percent to $2.46 and $3.16 respectively.
In Main Market ICTOP10 activity, Pulse Investments recovering from a sharp fall in the previous week, jumped a solid 38 percent to $1.38, Key Insurance gained 8 percent after ending at $2.15, 138 Student Living gained 6 percent to close at $4.27 followed by Margaritaville and Scotia Group up 4 percent to $12.50 and $53.89 respectively. Berger Paints fell 10 percent to $7.01.
Caribbean Flavours returns to the Junior Market ICTOP10, with a potential to gain over 100 percent, replacing Image Plus.
The average PE for the JSE Main Market ICTOP 10 stands at just 4.8, well below the market average of 14.5 and the Junior Market TOP10 sits at 8, 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 28 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 18 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 13 stocks, 21 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 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.

$494 million Kingston Wharves trade


Kingston Wharves led trading with shares worth $494 million on the Jamaica Stock Exchange Main Market on Friday, as the volume of stocks traded jumped 72 percent and the value 617 percent more than on Thursday, with trading in 62 securities down from 63 on Thursday, with prices of 19 stocks rising, 21 declining and 22 ending unchanged.

The market closed with 35,253,440 shares trading for $575,934,190 up from just 19,936,991 stock units at $79,827,961 on Thursday. Trading ended with an average of 568,604 shares at $9,289,261 compared to 316,460 stocks at $1,267,110 on Thursday and for the month to date, trading averaged 686,928 units at $6,523,672 compared with 695,683 shares at $6,319,058 Thursday, up from November with an average of 286,669 stock units at $2,555,172.
Kingston Wharves led trading with 19.38 million shares for 55 percent of total volume followed by Wigton Energy with 5.62 million stock units for 15.9 percent of the day’s trade, Transjamaican Highway with 5.11 million stock units for 14.5 percent market share and Lasco Distributors with 2.65 million units for 7.5 percent of total volume.
The All Jamaican Composite Index dropped 2,518.92 points to 369,206.77, the JSE Main Index shed 2,097.30 points to finish at 321,450.95 and the JSE Financial Index inched 0.16 points higher to 66.13. The Investor’s Choice bid-offer indicator shows 14 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 14.5. 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, AS Bryden lost $1.31 to finish at $30.69 with 25,216 shares crossing the exchange, Berger Paints sank 69 cents and ended at $7.01 with investors swapping 59 stocks, Caribbean Cement slipped 41 cents to $77.59 after a transfer of 7,517 shares. Eppley rallied $2.88 in closing at $32.88 with 5,773 stock units clearing the market, First Rock Real Estate rose $1.35 to close at $9.96 in an exchange of 8,168 shares,  Jamaica Producers sank $1 to end at $22 with investors trading 22,127 units. Jamaica Stock Exchange skidded $1.26 to $11.96 after an exchange of 3,236 stocks, JMMB Group advanced 61 cents and ended at $22.01 in trading 210,249 stock units, Kingston Wharves popped $2.20 to finish at $32.20 with 19,379,328 shares passing through the market. Scotia Group fell 86 cents in closing at $53.89 as investors exchanged 27,662 units, Sygnus Real Estate Finance gained 40 cents to end at $10.90 in switching ownership of just 10 stocks and Wisynco Group shed 44 cents to close at $21.05 with traders dealing in 31,202 stock units.
In the preference segment, Jamaica Public Service 7% declined $1.95 to $42 in an exchange of 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp jump in Jamaica Stock Exchange trading

Trading was robust on the Jamaica Stock Exchange on Friday with a near doubling in the volume of stocks changing hands with a value surging well over that on Thursday as Kingston Wharves led the market with shares worth $494 million, resulting in Main Market major indices dropping, as the Junior Market index clawed back more than half the loss suffered on Thursday and the JSE USD Market rose marginally. At the close of trading, the prices of 44 shares rose, 41 declined and 33 remained firm.

At the close of the market, the JSE Combined Market Index dipped 1,747.35 points to 333,496.05, the All Jamaican Composite Index dropped 2,518.92 points to finish at 369,206.77, the JSE Main Index sank 2,097.30 points to settle at 321,450.95, the Junior Market Index rose 36.02 points to close trading at 3,639.76 and the JSE USD Market Index popped 0.08 points higher to conclude trading at 229.66.
At the close of trading, 37,176,497 shares were exchanged in all three markets, up sharply from 24,519,187 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $576.4 million, well above the $89.26 million on the previous day and the JSE USD market closed with an exchange of 566,050 shares for US$37,617 compared to 118,803 units at US$8,042 on Thursday.
In Main Market activity, Kingston Wharves led trading with a healthy volume of 19.38 stocks followed by Wigton Energy with 5.59 million shares and Transjamaican Highway with 5.11 million units.
In Junior Market trading, Kintyre Holdings led with 511,162 stocks followed by Fosrich with 256,386 shares and Tropical Battery with 221,030 units.
In the preference segment, Jamaica Public Service 7% sank $1.95 to finish at $42.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 earnings and 20.2 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 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.

Winning Main Market stocks outdo losers

uedTrading on the Jamaica Stock Exchange Main Market ended on Thursday, with Lasco Distributors as the most heavily traded stock while Scotia Group was the only stock trading at a 52 weeks’ closing high following activity in 63 securities compared with 57 on Wednesday, with prices of 22 rising, 17 declining and 24 ending unchanged, with an 81 percent rise in the volume of stocks traded but with 6 percent lower value than on Wednesday.

The market closed with 19,936,991 shares exchanged for $79,827,961 compared to 11,023,371 stock at $84,659,076 on the previous day.
Trading averaged 316,460 shares at $1,267,110 versus 193,392 units at $1,485,247 previously and month to date, an average of 695,683 units at $6,319,058 down from 726,510 shares at $6,729,733 on the prior day and compared to an average of 286,669 stock units at $2,555,172 in November.
Lasco Distributors led trading with 7.03 million shares for 35.3 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 5.61 million stock units for 28.1 percent of the day’s trade, Wigton Energy chipped in with 2.69 million stock units for 13.5 percent market share, Sagicor Select Financial Fund ended with 1.36 million stock units for 6.8 percent of traded share and Transjamaican Highway with 1.04 million units for 5.2 percent of total volume.
The All Jamaican Composite Index increased 124.15 points to 371,725.69, the JSE Main Index slipped just 27.65 points to end the day at 323,548.25 and the JSE Financial Index inched 0.17 points higher to 65.97. The Investor’s Choice bid-offer indicator shows 10 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 14.5. 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, Barita Investments shed $1.19 to end at $73.51 as investors exchanged 7,024 stock units, Eppley dropped $2.84 to $30 with a transfer of 3,872 shares, General Accident sank 46 cents to finish at $5.75, with 30,884 stocks crossing the market. Jamaica Producers skidded $1.49 and ended at $23 in trading 18,754 units, Kingston Wharves fell 96 cents to close at $30 after a transfer of 20,340 stocks, Pan Jamaica rose $3.42 in closing at $51.45 with investors trading 342 units. Proven Investments climbed $1.37 to $18.45 with an exchange of 1,839 shares, Sagicor Group increased 53 cents to end at $37.73 after trading of 53,593 stock units, Scotia Group popped $2.25 in closing at a 52 weeks’ closing high of $54.75 with investors dealing in 9,984 shares. Sygnus Credit Investments advanced 50 cents and ended at $12.50 in switching ownership of 51,969 stocks and Sygnus Real Estate Finance gained $1.40 to close at $10.50 with investors trading 908 units.
In the preference segment, Jamaica Public Service 9.5% rallied $65 to finish at $2,755 in an exchange of just one stock unit and Sygnus Credit Investments C10.5% sank $3.62 to $101.38 with traders dealing in a mere one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market stable, Juniors in big drop


Trading closed on the Jamaica Stock Exchange on Thursday, resulting in a fall in the volume of stocks changing hands with a marginally lower value than on Wednesday and a big drop in the Junior Market index, as the Main Market major indices closed moderately lower, the JSE USD Market rallied higher at the close, resulting in the prices of 37 shares rising, 43 declined and 37 remained firm.

At the close of the market, the JSE Combined Market Index dipped 469.54 points to end at 335,243.40, the All Jamaican Composite Index increased by 124.15 points to finish at 371,725.69, the JSE Main Index slipped 27.65 points to settle at 323,548.25, the Junior Market Index declined 61.80 points to wrap up trading at 3,603.74 and the JSE USD Market Index climbed 6.42 points to 229.58.
At the close, 24,519,187 shares were exchanged in all three markets, down from 34,151,151 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $89.26 million, marginally lower than the $91.11 million on the previous day and the JSE USD market closed with an exchange of 118,803 shares for US$8,042 well below the large 19,338,949 units that traded at a value of US$528,367 on Wednesday.
In Main Market activity, Lasco Distributors led trading with 7.03 million stocks followed by Sagicor Select Manufacturing & Distribution Fund with 5.61 million shares and Wigton Energy with 2.69 million units.
In Junior Market trading, Stationery and Office Supplies led with 823,023 stocks followed by Fosrich with 790,445 shares and Lumber Depot, 557,629 units.
In the preference segment of the market, Jamaica Public Service 9.5% gained $65 to end at $2,755 and Sygnus Credit Investments C10.5% skidded $3.62 to $101.38.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on 2024-25 earnings and 20.4 based on 2023-24 historical earnings. The IICInsider.com PE ratio chart and other more detailed daily charts provide investors with 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 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.