Declining stocks outnumbered winners 3-to-2 on the Jamaica Stock Exchange Main Market on Friday, with trading in 59 securities, similar to Thursday, with 19 stocks rising, 31 declining, and nine unchanged. Trading volume fell 22 percent, though the value was slightly higher than Thursday.
The market closed with 12,119,774 shares trading for $114,939,495, compared with 15,606,900 stock units at $112,807,911 on Thursday.
Trading ended with an average of 205,420 shares worth $1,948,127 compared to 264,524 stock units at $1,911,998 on Thursday. Trading for the month to date ended with an average of 229,051 units at $2,379,588, down moderately from 233,000 shares at $2,451,702 the previous day, with an average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 2.82 million shares for 23.3 percent of total volume, followed by Wigton Energy with 2.08 million stocks for 17.1 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.81 million shares for 14.9 percent of the volume traded and Jamaica Broilers with 1.30 million units for 10.7 percent of market share.
The All Jamaican Composite Index dropped 1,336.87 points to 462,726.28, the JSE Main Index gained 142.95 points to settle at 386,033.03 and the JSE Financial Index slipped 0.14 points to 76.07. At the close, the Investor’s Choice bid-offer indicator shows nine 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 15.8. ICInsider.com compiles the JSE Main Market PE ratios. These are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden rose 44 cents to $17.44, following trading of 44,363 stocks, Barita Investments fell $1.50 to $73.50, with ownership switching for 1,212 shares, Caribbean Cement rose 70 cents to end at $114, with 18,466 shares changing owners. First Rock Real Estate increased by $1.30 to end at $7.30, with investors dealing in 49,987 units, GraceKennedy fell $1.05 to close at $89.95, with 11,417 stocks crossing the market, Guardian Holdings climbed $16.50 to close at $377 in an exchange of 12,540 units. Massy Holdings dipped $3.95 to $75 with 3,557 shares clearing the market, Mayberry Jamaican Equities rose 72 cents to finish at $8 as investors exchanged 19,804 stock units, NCB Financial lost $2.45 and ended at $71.55 with 122,557 shares passing through the market. 
Pan Jamaica slipped $1.79 to close at $44.20, with an exchange of 48,277 stocks, Quantas Advantage shed 40 cents to end at $24, with 23,741 units passing through the market, Sagicor Group gained 60 cents to close at $43.10 after trading of 46,368 stock units. Scotia Group dropped 85 cents to $71.55 with a transfer of 43,882 shares and Sygnus Real Estate Finance rallied 68 cents to finish at $7.90, with investors swapping 1,122 units.
In the preference segment, 138 Student Living preference share increased $18.88 and ended at $228.88 after an exchange of just 2 stocks.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 345,233 shares for US$22,598 compared to 451,658 stock units at US$30,462 on Wednesday.
Quantas Advantage climbed 1.37 cents to finish at 16.37 US cents with 674 stocks crossing the market. Sterling Investments popped 0.18 of a cent to 2.28 US cents with investors trading 300 units, Sygnus Credit Investments gained 0.07 of a cent to end at 6.6 US cents with a transfer of 21,683 stock units, Sygnus Real Estate Finance USD share remained at 4.6 US cents in an exchange of 4,300 shares and Transjamaican Highway fell 0.03 of a cent to finish at 6.4 US cents after trading of 301,518 stocks.
Quantas Advantage advanced 0.12 of one cent to end at 15 US cents with 900 shares being traded, Sygnus Credit Investments dropped 0.37 of a cent in closing at 6.53 US cents in an exchange of 14,940 units and Transjamaican Highway rallied 0.22 of one cent to 6.43 US cents with 408,117 stocks crossing the market.
The market closed with 12,913,449 shares trading for $139,868,128, after rising from 18,731,691 stock units at $242,408,969 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.7. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Jamaica Stock Exchange increased 65 cents and ended at $9.67 with a transfer of 1,682 units. JMMB Group advanced 64 cents to $17.65 with 41,747 stocks passing through the market, Margaritaville fell 65 cents in closing at $9 in trading of a mere one share, NCB Financial popped $2.50 to close at $74 with 59,781 stock units crossing the market. Pan Jamaica shed $1.10 to $43 ollowing a transfer of 648 shares, Proven Investments declined 55 cents to close at $9.30 with 1,701 units changing hands, Sagicor Group dropped 62 cents and ended at $42.28 in an exchange of 85,100 stocks. Scotia Group skidded $1.80 to end at $72.20 after trading of 3,267 stock units and Supreme Ventures increased 91 cents to $19.86 with 522,159 shares clearing the market.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 236,327 shares, down 67 percent from 709,279 stock units on Monday, resulting in a value of US$16,739 after tumbling 62 percent from US$43,937 on Monday.
Proven Investments declined 0.01 of a cent and ended at 5.75 US cents after trading of 4,651 shares. Sterling Investments ended at 2.1 US cents in switching owners of 5,265 stock units, Sygnus Credit Investments rose 0.25 of one cent in closing at 6.9 US cents with investors trading 32,988 shares, Sygnus Real Estate Finance USD share shed 0.39 of a cent to end at 4.6 US cents with 500 units crossing the exchange and Transjamaican Highway dropped 0.23 of one cent in closing at 6.21 US cents in trading 186,689 stocks.
The market closed with an exchange of 709,279 shares for US$43,937, down from 743,959 stock units at US$54,674 on Friday.
Proven Investments dropped 0.23 of a cent to 5.76 US cents with 97 shares changing hands. Quantas Advantage rose 0.06 of a cent to close at 14.88 US cents after trading of 4,244 stock units, Sterling Investments lost 0.18 of a cent to close at 2.1 US cents with a mere one share passing through the market and Transjamaican Highway dipped 0.05 of one cent to end at 6.44 US cents in switching ownership of 704,923 stock units.
The market closed with an exchange of 1,821,141 shares for US$121,746, well over the 585,996 stock units at US$37,012 on Tuesday.
Proven Investments remained at 6 US cents in an exchange of 10,000 stock units, Quantas Advantage skidded 2.5 cents in closing at a new high of 13.5 US cents with 50,000 shares clearing the market, Sterling Investments ended at 2.28 US cents after an exchange of 1,313 units. Sygnus Credit Investments popped 0.1 of a cent to 7 US cents with investors dealing in 203,053 stocks and Transjamaican Highway rallied 0.2 of one cent to finish at 6.7 US cents after a transfer of 1,451,183 stock units.
The market closed with trading of 19,036,666 shares with the value at $284,857,279, up from 12,183,080 stocks at $237,605,239 on Monday.
At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
Quantas Advantage climbed 49 cents to $24.99 in trading 96,330 stocks, QWI Investments climbed 11 cents to close at a 52 weeks high of 87 cents, after trading of 747,061 shares, Sagicor Real Estate Fund rallied $1.48 to $9.78, with 102 stocks crossing the market. Scotia Group advanced $8.25 to a 52 weeks high of $67.50, with swapping of 890,332 shares and Sygnus Real Estate Finance rose $1.13 in closing at $8.63 after 35 stocks passed through the market.
Prices of securities trading are those for the last transaction
The market closed with an exchange of 798,381 shares forUS$86,114 compared to 681,520 stock units at US$106,010on Friday.
Quantas Advantage rose 2 cents to a record of high of 16 US cents following trading in 82,301 stocks, Sterling Investments ended at 2.28 US cents, with 87 shares crossing the exchange, Sygnus Credit Investments rallied 0.06 of one cent to close at 6.79 US cents with investors trading 140,107 stocks and Transjamaican Highway dipped 0.2 of a cent to 6.4 US cents and closed with an exchange of 531,504 units.
At the end of the market activity, the JSE Combined Market Index rallied 729.97 points to 377,335.57, with the All Jamaican Composite Index popping 3,083.96 points to 443,622.55, the JSE Main Index rose 710.66 points to 371,694.62, the Junior Market Index climbed by 7.04 points to 3,057.20 and the JSE USD Market Index skidded 2.84 points to finish at 294.52.
Among the top losers, AS Bryden shed $5.40 to close at $19.00, NCB Financial dropped 82 cents to $67.00, Sygnus Real Estate Finance lost 40 cents in closing at $7.50, JMMB Group dipped 32 cents to finish at $20.43 and Kingston Wharves fell 23 cents and ended at $33.22.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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.