Pre-Easter day slumber for JSE Main Market

April 17, 2025 by
The Jamaica Stock Exchange Main Market closed the shortened week on Thursday, with more decline for the market with trading in 60 securities up from 54 on Wednesday, with prices of 20 rising, 23 declining and 17 ending unchanged following a 46 percent decline in the volume of stocks traded with a 43 percent lower value than Wednesday.

The market closed with trading of 14,003,097 shares for $56,426,679, down from 26,127,733 stock units at $99,012,198 on Wednesday.
Trading averaged 233,385 shares at $940,445, down from 483,847 stocks valued at $1,833,559 on  Wednesday and month to date, an average of 2,094,151 stock units at $8,536,400, from 2,255,489 shares at $9,195,009 on the previous day compared with an average of 896,190 stock units at $20,804,277 in March.
Wigton Energy led trading with 6.77 million shares for 48.4 percent of total volume, followed by Transjamaican Highway that ended with 4.09 million units for 29.2 percent of the day’s trade and JMMB Group 7.35% – 2028 with 407,074 stocks for 2.9 percent of the volume traded.
The All Jamaican Composite Index dropped 809.47 points to close at 360,488.92, the JSE Main Index sank 1,153.08 points to 312,487.89 and the JSE Financial Index slipped 0.32 points to end at 64.30. The Investor’s Choice bid-offer indicator shows 16 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 12.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts for companies with financial year ending around August 2025 done by ICInsider.com.
At the close of the market, Caribbean Cement increased 87 cents to end at $83.87 in trading 16,759 shares, First Rock Real Estate popped 72 cents in closing at $9.25, with 1,395 stock units crossing the market. Guardian Holdings fell $13 to $290 as investors exchanged 1,198 shares. Jamaica Broilers shed 50 cents and ended at $26 after a transfer of 56,772 stocks, Jamaica Producers dropped 40 cents to finish at $23 in trading 50,192 units, Kingston Wharves lost $2.18 to close at $26.28 after 1,495 shares passed through the market. Lasco Manufacturing dipped 42 cents to $7.05 in an exchange of 230,515 stock units, Margaritaville sank 90 cents and ended at $13 with traders dealing in 950 units, MPC Caribbean Clean Energy slipped $1 in closing at $63 with a mere 2 stocks being traded and Sygnus Real Estate Finance gained $1.22 to finish at $9.36 after the trading of 14 shares.
In the preference segment, Eppley 7.75% preference share rose $1.95 to end at $20 in switching ownership of 230 stock units, Jamaica Public Service 7% rallied $4.50 to close at $44.50 with investors swapping 2 stocks and Sygnus Credit Investments C10.5% sank $2.99 to $98 after an exchange of 1,571 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated 

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JSE USD market trading plummeted

April 16, 2025 by
Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded dropping 71 percent, with a 75 percent lower value than on Tuesday, resulting in an exchange of nine securities, down from 13 on Tuesday, with prices of one rising, six declining and two ending unchanged.

The market closed with an exchange of 631,514 shares for US$47,545 compared to 2,201,110 stock units at US$192,691 on Tuesday.
Trading averaged 70,168 shares at US$5,283, down sharply from 169,316 units at US$14,822 on Tuesday, with a month to date average of 321,017 stock units at US$13,206 compared with 344,782 shares at US$13,956 on the previous day and March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index slipped 2.88 points to close at 225.89. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the frequently used measures to determine appropriate stock values, averages 11.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the day, First Rock Real Estate USD share dropped 0.01 of one cent to close at 1.99 US cents with traders dealing in 746 shares, Productive Business Solutions fell by 4 cents to US$1.41 after an exchange of 18 units, Proven Investments ended at 11 US cents with 27,469 stocks crossing the market. Sterling Investments dipped 0.01 of a cent to end at 1.95 US cents in switching ownership of 9,728 shares, Sygnus Credit Investments slipped 0.9 of a cent and ended at 6.1 US cents after 37,253 stock units passed through the market and Transjamaican Highway remained at 2.51 US cents with 528,962 shares crossing the exchange.

In the preference segment, JMMB Group US8.5% preference share skidded 0.1 of a cent to close at US$1.034 with a transfer of 27,280 stock units, Sygnus Credit Investments US 8% lost 45.22 cents to finish at US$8.25 with an exchange of 20 units and Sygnus Credit Investments US 8% climbed 5.1 cents and ended at US$8.651 in trading 38 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading climbs on the JSE Main Market

April 16, 2025 by
Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 97 percent, valued 67 percent more than on Tuesday, with trading in 54 securities down from 57 on Tuesday, with prices of 21 rising, 21 declining and 12 ending unchanged.

The market closed with 26,127,733 shares trading for $99,012,198, up from just 13,296,040 stock units at $59,268,535 on Tuesday.
Trading averaged 483,847 shares at $1,833,559 compared to 233,264 stocks at $1,039,799 on Tuesday and month to date, an average of 2,255,489 units at $9,195,009 from 2,405,440 shares at $9,818,079 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 18.32 million shares for 70.1 percent of total volume followed by Wigton Energy with 3.92 million units for 15 percent of the day’s trade and Sagicor Select Financial Fund with 906,391 stocks for 3.5 percent of the volume traded.
The All Jamaican Composite Index sank 1,084.28 points to close at 361,298.39, the JSE Main Index shed 1,303.18 points to wrap up trading at 313,640.97 and the JSE Financial Index shed 0.37 points to close at 64.62. The Investor’s Choice bid-offer indicator shows 12 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 13.3. 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 conclusion of trading, AS Bryden fell $1.20 to $28.75 with investors trading just one share, Barita Investments popped 48 cents to $71.48 and closed with an exchange of 2,790 stock units, Caribbean Cement climbed $2.70 to finish at $83 with traders dealing in 7,085 shares. Eppley Caribbean Property Fund rose $1.95 and ended at $39.45 with 4,202 units clearing the market, First Rock Real Estate skidded 91 cents in closing at $8.53 in trading 249 stocks, Guardian Holdings sank $3 to end at $303 after a transfer of 2,258 shares. Jamaica Producers rallied 40 cents in closing at $23.40 with investors swapping 301,224 stocks, Jamaica Stock Exchange slipped 72 cents to $12.03 with 2,500 units changing hands, Kingston Wharves increased $2.24 to close at $28.46 after 2,089 stock units passed through the market.  Lasco Manufacturing advanced 38 cents to end at $7.47 with investors trading 11,471 shares, Massy Holdings sank $1.43 to finish at $78.55 with 132 stock units crossing the market, Pan Jamaica declined $3.50 and ended at $53.50 after an exchange of 6,254 stocks. Sagicor Real Estate Fund gained 65 cents to close at $8.65 with 205 units crossing the market, Scotia Group shed $1.48 to close at $52.52 after an exchange of 8,194 shares, Sygnus Credit Investments shed 43 cents to finish at $11.47 in trading 15,005 units and Sygnus Real Estate Finance lost $1.36 and ended at $8.14 with an exchange of 21 stocks.
In the preference segment, Sygnus Credit Investments 10% preferred share popped $4 in closing at $104, with investors dealing in 103 stock units and Sygnus Credit Investments C10.5% advanced $5.99 to end at $100.99 in switching ownership of 104 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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More big USD trading for Transjamaican

April 15, 2025 by
Transjamaican Highway, the highway-2000 operator, led trading on the Jamaica Stock Exchange US dollar market on Tuesday with 2 million shares for 92 percent of the day’s trade. Notwithstanding the TJH dominance, the volume of stocks traded declined 45 percent, with a 78 percent greater value than on Monday, resulting from an exchange of 13 securities, up from 10 on Monday, with prices of five rising, five declining and three ending unchanged.

The market closed with an exchange of 2,201,110 shares for US$192,691, much lower than 3,997,953 stock units at US$108,139 on Monday.
Trading averaged 169,316 shares at US$14,822, well below the 399,795 stocks at US$10,814 on Monday, with a month to date average of 344,782 stock units at US$13,956, comparing closely to 372,600 stocks at US$13,819 on the previous day and March with an average of 92,288 units for US$8,588.
The US Denominated Equities Index increased 8.55 points to end at 228.77. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 11.6. The PE ratio is calculated based on the last traded price divided by projected earnings, computed by ICInsider.com for companies with financial years ending around August 2025.
At the close of a day of reduced trading, AS Bryden increased 3.98 cents to finish at 19.98 US cents with 44 shares crossing the market, First Rock Real Estate USD share climbed 0.27 of a cent and ended at 2 US cents with an exchange of 3,000 units, Margaritaville lost 1.5 cents to 10 US cents after trading 1,000 stocks. Productive Business Solutions ended at US$1.45 with 13 shares crossing the market, Proven Investments remained at 11 US cents with investors swapping 901 stock units, Sterling Investments rose 0.16 of a cent to close at 1.96 US cents in an exchange of 25,866 shares. Sygnus Credit Investments ended at 7 US cents with 141,359 units changing hands and Transjamaican Highway dropped 0.1 of a cent to close at 2.51 US cents as investors exchanged 2,015,743 stocks.
In the preference segment, JMMB Group 7.5% preferred share fell a mere one cent in closing at US$1.99 with an exchange of 95 stocks. JMMB Group US8.5% preferred share advanced 0.7 of one cent to end at US$1.04 after trading of 15 shares, Productive Business Solutions 9.25% preference share dipped 50 cents to finish at US$10 with investors trading 13,038 stock units, Sygnus Credit Investments US 8% sank 40 cents and ended at US$8.60 after an exchange of 35 stocks and Sygnus Credit Investments E8.5% popped 77.99 cents to US$10.00 with a transfer of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise

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Trading climbs on JSE Main Market

April 15, 2025 by
Declining stocks outclassed those rising more than 2 to 1 in trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 63 percent jump in the volume of stocks traded, with the value 23 percent more than on Monday, emanating from trading in 57 securities, down from 60 on Monday, with prices of 12 advancing, 27 declining and 18 ending unchanged.

The market closed with 13,296,040 shares trading for $59,268,535, up from only 8,172,827 stock units at $48,080,512 on Monday.
Trading averaged 233,264 shares valued at $1,039,799, well over the 136,214 stock units at $801,342 on Monday and well below the month to date average of 2,405,440 units at $9,818,079, down from 2,618,545 shares worth $10,679,287 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 6.42 million shares for 48.3 percent of the total volume, followed by Wigton Energy that ended with 3.66 million stock units for 27.5 percent of the day’s trade and Sagicor Select Financial Fund with 769,936 stocks for 5.8 percent of the volume traded.
The All Jamaican Composite Index slipped 2,110.82 points to 362,382.67, the JSE Main Index dropped 1,103.52 points to wrap up trading at 314,944.15 and the JSE Financial Index gained 0.15 points to close at 64.99. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a consolidating market, Barita Investments fell 50 cents in closing at $71 with a transfer of 1,000 shares, Caribbean Cement fell $2.20 to $80.30 with investors trading 3,638 units, GraceKennedy sank $1.35 to end at $72.63 after an exchange of 13,587 shares. Jamaica Broilers slipped 35 cents and ended at $26.50 after the trading of 121,080 stock units, Jamaica Producers sank $1 to finish at $23 as investors exchanged 22,455 stocks, Kingston Wharves shed $2.57 to close at $26.22 with 150,381 shares clearing the market. Lasco Manufacturing dropped 49 cents to $7.09 in an exchange of 50,913 stocks, NCB Financial dipped 50 cents to end at $43.50 with investors trading 22,930 units, 138 Student Living popped 73 cents in closing at $3.85 with traders crossing the exchange with 11,006 stock units. Pan Jamaica climbed $3 to close at $57 with investors dealing in 101,816 shares, Proven Investments declined 48 cents to finish at $17 with 8,357 stocks passing through the market, Sagicor Group skidded $2.47 and ended at $39.51 with an exchange of 59,908 units. Sagicor Real Estate Fund fell 65 cents to $8 with sellers crossing the market with 1,036 stock units, Sygnus Credit Investments rose 90 cents to finish at $11.90 in an exchange of 88,338 shares and Wisynco Group lost $1 and ended at $20 with 10,846 stock units crossing the market.
In the preference segment, Jamaica Public Service 7% sank $4.50 to close at $40 after a transfer of 70 units, Jamaica Public Service 9.5% gained $38 in closing at $2,688 with 5 stock units changing hands and Sygnus Credit Investments C10.5% dipped $5.98 to end at $95 and closed after 1,040 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops on JSE Main Market  

April 14, 2025 by
Stock prices enjoyed some sizable gains on the Jamaica Stock Exchange Main Market on Monday in moving the JSE market indices higher on a day of a 34 percent decline in the volume of stocks traded, valued 39 percent less than on Friday, with trading in 60 securities compared with 57 on Friday, with prices of 17 rising, 25 declining and 18 ending unchanged.

The market closed with 8,172,827 shares trading for $48,080,512, much lower than the 12,317,187 stocks at $78,954,503 on Friday.
Trading averaged 136,214 shares at $801,342, down from 216,091 stock units at $1,385,167 on Friday and month to date, an average of 2,618,545 stocks for $10,679,287 compared with 2,904,418 shares at $11,816,862 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 3.62 million shares for 44.3 percent of the total volume, followed by Wigton Energy with 1.80 million stock units for 22 percent of the day’s trade and QWI Investments with 604,270 shares for 7.4 percent of the volume traded.
The All Jamaican Composite Index dropped 1,358.42 points to finish at 364,493.49, the JSE Main Index rose 428.98 points to close at 316,047.67 and the JSE Financial Index shed 0.05 points to 64.84. The Investor’s Choice bid-offer indicator closed with 17 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 13.4. 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 the market, AS Bryden gained $1.95 to end at $29.95 as investors exchanged 1,505 shares, after trading at a 52 weeks’ intraday low of $24.31, Berger Paints popped 78 cents to $7.89 with traders clearing the market with 10 units, Caribbean Cement advanced $1.50 to close at $82.50 in an exchange of 5,427 shares. Carreras rose 80 cents in closing at $15.80 with traders dealing in 214,188 stock units, First Rock Real Estate rallied 95 cents and ended at $9.45 after investors exchanged 5,776 stocks, Guardian Holdings increased $2 to finish at $306 with 2,755 shares being exchanged by the close. Lasco Manufacturing climbed 52 cents to $7.58 after a transfer of 79,091 stocks, Massy Holdings popped $1.45 to close at $80 with traders swapping 203 units, Mayberry Group dipped 49 cents in closing at $6.98 after shareholders exchanged 1,000 stock units. 138 Student Living fell 68 cents and ended at $3.12 with 7,932 shares passing through the market, Sagicor Group sank 52 cents to finish at $41.98 with an exchange of 50,811 stock units, Scotia Group increased $1.32 to end at $53.82 with 112,213 units changing hands. Sygnus Credit Investments lost 76 cents to $11 with 107,082 stocks crossing the exchange and Sygnus Real Estate Finance climbed $1.07 to end at $9.50 in trading 29 shares.

In the preference segment, 138 Student Living preference shares shed $41.53 to close at $191.47 with 30 stock units crossing the market. Productive Business Solutions 10.5% preference share dropped $45.30 to finish at $1,000 with investors trading 411 stocks and Sygnus Credit Investments 10% rose $1.50 and ended at $100 with 413 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Transjamaican takes 94% JSE USD market

April 14, 2025 by
Trading climbed sharply on Monday, with Transjamaican Highway, the premier toll-road operator in Jamaica, accounting for just under 3.8 million shares, 94 percent of the total of 3,997,953 shares traded on the Jamaica Stock Exchange US dollar market on Monday, with a value of US$108,139 well above 510,567 stocks at US$22,529 on Friday, as the volume of stocks traded soared 683 percent with a 380 percent more value than on Friday,

Trading resulted from the exchange of 10 securities, compared to nine on Friday, with prices of five rising and five ending unchanged.
The market closed with an average of 399,795 shares at US$10,814 compared to 56,730 stock units at US$2,503 on Friday. The average for the month to date amounts to 372,600 units at US$13,819, up slightly from 368,823 stocks at US$14,237 on the previous day and March with an average of 92,288 units for US$8,588.
The US Denominated Equities Index rallied 5.45 points to close at 220.22. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the best-known measures for determining appropriate stock values, averages 11.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial years ending around August 2025.
At the close of the market, AS Bryden ended at 16 US cents with investors trading 91 shares, Margaritaville increased 1.5 cents to 11.5 US cents, with traders switching ownership of 20 stocks, Proven Investments remained at 11 US cents after an exchange of 20 shares. Sterling Investments climbed 0.03 of one cent to close at 1.8 US cents with investors passing 206,538 stock units through the market, Sygnus Credit Investments remained at 7 US cents with 32,991 units crossing the exchange, Sygnus Real Estate Finance USD share ended at 9 US cents with 17 shares being traded and Transjamaican Highway rose 0.1 of one cent in closing at 2.61 US cents after an exchange of 3,758,169 stock units.
In the preference segment, JMMB Group 7.5% preferred share remained at US$2 with traders swapping 93 stock units, Productive Business Solutions 9.25% preference share advanced 35 cents to end at US$10.50 with investors trading only 2 units and Sygnus Credit Investments US 8% popped 0.12 of a cent to close at US$8.7022 with 12 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , , ,

All week slide for JSE Main Market

April 11, 2025 by
Fresh from heavy trading in shares of Transjamaican Highway on Thursday on the Jamaica Stock Exchange Main Market on Friday, market activity returned to a more subdued level, with a 99 percent decline in the volume of stocks traded and the value 98 percent lower, following trading in 57 securities against 58 on Thursday. Trading ended with prices of 18 stocks rising, 23 declining and 16 ending unchanged and resulted in the continuation of a falling market all week long, starting on Monday.

The market closed with 12,317,187 shares being traded at $78,954,503 compared with 1,228,240,349 units at $4,388,967,714 on Thursday.
Trading averaged 216,091 shares valued $1,385,167, from 21,176,558 stocks at $75,671,857 on Thursday and month to date, an average of 2,904,418 units for $11,816,862 compared with 3,234,665 shares at $13,098,342 on the previous day and March with an average of 896,190 stock units at $20,804,277.
While not matching Thursday’s heavy volume, Transjamaican Highway led trading with 6.37 million shares for 51.7 percent of total volume, followed by Wigton Energy with 1.87 million stocks for 15.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.77 million units for 14.4 percent of total traded volume.
The All Jamaican Composite Index declined 1,871.73 points to finish at 365,851.91, the JSE Main Index sank 2,867.75 points to conclude trading at 315,618.69 and the JSE Financial Index dropped nearly two percent with the 1.20 points falling off the index to end at 64.89. The Investor’s Choice bid-offer indicator shows 13 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 13.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
At the close of a week of falling prices, Barita Investments lost 70 cents to land at $71.50 with 3,125 shares passing through the market, Caribbean Cement fell $1.50 and ended at $81 with investors trading 209,286 stock units, GraceKennedy sank 35 cents to finish at $73.65 with 5,323 shares crossing the market. Following b gains in Trinidad on Friday, Guardian Holdings gained $34 to close at $304 with investors dealing in 10,079 units, Jamaica Producers shed 40 cents to end at $24 as 162 stocks passed through the market, JMMB Group declined 63 cents in closing at $20.15 with investors trading 63,333 shares. Lasco Manufacturing sank 44 cents to $7.06 after an exchange of 99,421 units, Massy Holdings skidded $2.42 to end at $78.55 with a transfer of 80,000 stocks, Proven Investments popped 49 cents in closing at $17.49 after investors exchanged 8,960 stock units. Sagicor Group climbed 50 cents to finish at $42.50 in switching ownership of 23,153 shares, Sagicor Real Estate Fund increased 65 cents and ended at $8.65 with investors swapping 205 stock units, Scotia Group dipped 50 cents to close at $52.50 in an exchange of 75,741 units and Seprod slipped $1.29 to $84.20 with 11,112 stocks changing hands.
In the preference segment, 138 Student Living preference share advanced $19 and ended at $233 in an exchange of 201 shares and Sygnus Credit Investments 10% rose $1.17 in closing at $98.50 with traders dealing in 456 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Winners top losers on JSE USD Market

April 11, 2025 by
The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded declining by 69 percent and with a 65 percent lower value than on Thursday, resulting in the exchange of nine securities, up from seven on Thursday, with prices of four rising, three declining and two ending unchanged.

The market closed Friday with an exchange of 510,567 shares for US$22,529 compared to 1,653,319 stocks at US$64,360 on Thursday.
Trading averaged 56,730 shares at US$2,503 compared with 236,188 stocks at US$9,194 on Thursday, with a month to date average of 368,823 stock units at US$14,237 compared with 413,407 stocks at US$15,913 on the previous day and March with an average of 92,288 units for US$8,588.
The US Denominated Equities Index dropped 1.97 points to end at 214.78. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 11. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share fell 0.27 of one cent to end at 1.73 US cents with a transfer of 3,630 shares, Proven Investments rose 0.7 of a cent in closing at 11 US cents with trading of 3,440 stock units, Sterling Investments advanced 0.01 of a cent to 1.77 US cents after a transfer of 207,355 shares. Sygnus Credit Investments ended at 7 US cents with 2,000 units changing hands, Sygnus Real Estate Finance USD share popped 0.37 of one cent and ended at 9 US cents after trading of 562 stocks and Transjamaican Highway slipped 0.06 of a cent to finish at 2.51 US cents with 292,378 shares crossing the exchange.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$10.15 with traders dealing in 2 stock units, Sygnus Credit Investments US 8% climbed 45.1 cents to US$8.701 after an exchange of 500 stocks and Sygnus Credit Investments E8.5% sank 58 cents in closing at US$9.22 crossing the market 700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , ,

Transjamaican huge Main Market trade

April 10, 2025 by
Jamaica’s first toll road operators, Transjamaican Highway, delivered a large quantity of stocks traded on the Jamaica Stock Exchange Main Market ended Thursday, with investors swapping out 1.218 billion of the company’ shares valued at $4.294 billion, with trading flowing from two main blocks of 589 million units at $3.60 and 614 million shares at $3.45. Trading volume jumped 1,199 percent and the value 913 percent more than on Wednesday, resulting from trading in 58 securities compared with 60 on Wednesday, with prices of 28 rising, 20 declining and 10 ending unchanged.

The market closed with 1,228,240,349 shares trading for $4,388,967,714, sharply up from 94,550,139 stock units at $433,147,553 on Wednesday.
Trading averaged 21,176,558 shares at $75,671,857, above the 1,575,836 stocks at $7,219,126 on Wednesday and month to date, an average of 3,234,665 units at $13,098,342 above 671,537 shares at $4,159,268 on the previous trading day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 1,218.36 million shares, accounting for 99.2 percent of the total volume, followed by JMMB Group 10% preferred shares, with 2.41 million stocks, representing 0.2 percent of the day’s trade. Carreras closed with 1.79 million stock units for 0.1 percent of the volume traded, while Lasco Distributors had 1.53 million shares for 0.1 percent of the volume traded, and Sagicor Select Financial Fund recorded 1.14 million stocks for 0.1 percent of market share.
The All Jamaican Composite Index shed 1,020.18 points to end at 367,723.64, the JSE Main Index dropped 1,489.05 points to settle at 318,486.44 and the JSE Financial Index just inched 0.03 points higher to finish at 66.09. The Investor’s Choice bid-offer indicator shows 11 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 13. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial years ending around August 2025.
At the close of the market, AS Bryden skidded $2 to end at $28 with 373 shares traded, Barita Investments rose $2.30 to $72.20 with a transfer of 7,737 stock units, Caribbean Cement fell $2.50 to finish at $82.50 with 24,113 shares crossing the market. Carreras popped 50 cents and ended at $15.18 with investors swapping 1,789,686 units, GraceKennedy gained 45 cents in closing at $74 with 41,051 changing hands, Guardian Holdings slipped $39.75 to close at $270, trading 10,518 units. Jamaica Producers rose 90 cents to $24.40 with 176,710 shares crossing the market, Massy Holdings advanced $2.39 to close at $80.97 with 1,256 stock units switching owners, 138 Student Living climbed 58 cents and ended at $3.85 with investors swapping 600 stocks. Pan Jamaica increased $1.30 to $54 in an exchange of 150,513 shares, Sagicor Group sank 50 cents in closing at $42 with 21,251 stock units passing through the market, Scotia Group dropped 98 cents to finish at $53 in an exchange of 181,423 stocks, Seprod climbed $1.29 to $85.49, with investors dealing in 67,291 units and Sygnus Real Estate Finance lost $1.26 to finish at $8.14 after a transfer of 2,377 shares.
In the preference segment, Eppley 7.25% preference share rose $2 and ended at $20, with traders dealing in 5 stock units. Jamaica Public Service 7% declined 50 cents to end at $44.50 after an exchange of 6 stocks, 138 Student Living preference share sank $17 in closing at $214 with investors trading 43 units and Sygnus Credit Investments C10.5% advanced $1.98 to close at $100.98 after an exchange of 494 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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