Big drop for JSE Main Market
January 28, 2025 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Trading plunged on JSE USD market
January 28, 2025 by IC Insider.com
Trading plunged on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks traded declining 94 percent valued 74 percent less than on Monday, resulting from an exchange of 11 securities, compared with six on Monday with prices of four rising, four declining and three ending unchanged.
The market closed with an exchange of 42,535 shares for US$5,597, down from 680,107 stocks at US$21,934 on Monday. Trading averaged 3,867 shares at US$509 well below 113,351 stocks at US$3,656 on Monday, with a month to date average of 114,839 units at US$4,710 compared with 122,977 stock units at US$5,018 on the previous day and with December with an average of 229,957 units for US$7,451.
The US Denominated Equities Index rose 0.31 points to wrap up trading at 236.50. The Investor’s Choice bid-offer indicator shows four 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 used to determine appropriate stock values, averages 7.6. 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 trading on Tuesday, First Rock Real Estate USD share climbed 0.79 of one cent to 3.79 US cents after an exchange of 3,813 stocks, Margaritaville rose 2.4 cents to finish at 11 US cents with 1,800 units clearing the market, Productive Business Solutions remained at US$1.45 with an exchange of 50 shares. Proven Investments rallied 0.05 of one cent to close at 12.55 US cents with 21 stock units crossing the market, Sterling Investments ended at 1.8 US cents in an exchange of 24,680 shares, Sygnus Credit Investments remained at 7 US cents after 1,930 units passed through the market. Sygnus Real Estate Finance USD share fell 0.1 of one cent to 5.9 US cents in an exchange of 2 stocks and Transjamaican Highway fell 0.01 of one cent to end at 2.73 US cents with traders dealing in 8,896 stock units.
In the preference segment, JMMB Group US8.5% preferred share popped 2 cents in closing at US$1.02 as investors exchanged 1,000 shares. Productive Business Solutions 9.25% preference share lost 5 cents and ended at US$10.75 in trading 26 stock units and Sygnus Credit Investments E8.5% declined 50 cents to finish at US$9.50 with 317 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Global Market, Stock Market Tagged With: First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, Productive Business Solutions, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway
Trading jumps on the JSE USD market
January 27, 2025 by IC Insider.com
The Jamaica Stock Exchange US dollar market closed on Monday with a 366 percent jump in the volume of stocks traded rising, with a 138 percent higher value than on Friday, resulting in the exchange of six securities, compared with nine on Friday with prices of four rising, one declining and one ending unchanged.
The market closed with an exchange of 680,107 shares for US$21,934 up from 145,889 stocks at US$9,208 on Friday. Trading averaged 113,351 shares at US$3,656 compared to 16,210 stocks at US$1,023 on Friday, with a month to date average of 122,977 units at US$5,018 compared with 123,379 shares at US$5,075 on the previous day and December that ended with an average of 229,957 units for US$7,451.
he US Denominated Equities Index lost 1.25 points to wrap-up trading at 236.18. The Investor’s Choice bid-offer indicator shows three 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 used to determine appropriate stock values, averages 7.4. 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 trading, First Rock Real Estate USD share advanced 0.01 of one cent to close at 3 US cents with 4,659 stock units crossing the exchange, Productive Business Solutions popped 5 cents to US$1.45 after a transfer of 124 shares, Sterling Investments ended at 1.8 US cents with 2,113 units passing through the market. Sygnus Credit Investments climbed 0.05 of a cent to finish at 7 US cents after an exchange of 8,588 stocks, Sygnus Real Estate Finance USD share rose 0.1 of a cent to end at 6 US cents with investors swapping 89,021 shares and Transjamaican Highway fell 0.13 of one cent in closing at 2.74 US cents with 575,602 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
PM Holness triggers Transjamaican selling
January 27, 2025 by IC Insider.com
The selloff in shares of Transjamaican Highway, Jamaica’s first toll-road operator continued on Monday following the announcement by the country’s Prime Minister of the sale of government interest in the company in a public offer. With that potential offer hanging over the market, investors would be more inclined to hold off buying currently and await the offer rather than tying up funds now, at a price that could head lower.
At the close of the day the stock dropped 17 cents to close at $4.03 in heavy trading that went as low as $3.87. Elsewhere, trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded overall declining 11 percent and the value 10 percent lower than on Friday, following trading in 61 securities compared with 60 on Friday, with prices of 25 rising, 22 declining and 14 ending unchanged.
The market closed with 13,163,986 shares trading for $64,249,076 down from 14,725,334 stocks at $71,113,191 on Friday. Trading averaged 215,803 shares at $1,053,264 just below 245,422 stocks at $1,185,220 on Friday and month to date, an average of 229,728 units at $1,748,852 compared with 230,553 shares at $1,790,087 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led trading with 9.17 million shares for 69.7 percent of total volume followed by Wigton Energy which ended with 790,747 stock units for 6 percent of the day’s trade and JMMB Group 7.35% – 2028 with 613,148 stocks for 4.7 percent of the volume traded.The All Jamaican Composite Index rallied 3,023.20 points to 387,639.84, the JSE Main Index climbed 2,377.58 points to settle at 334,994.37 and the JSE Financial Index increased a mere 0.16 points to finish at 68.98. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a moderate day of trading, AS Bryden rose $1.79 and ended at $31.79 with 667 shares switching owners, Barita Investments declined 37 cents to $73.62 after a transfer of 4,026 stocks, Caribbean Cement rallied $1.80 to end at $88 with 4,537 units changing hands. Eppley Caribbean Property Fund popped $1 in closing at $38 in an exchange of 317 stock units, First Rock Real Estate climbed 77 cents to close at $9.97 with 62,629 shares passing through the market, GraceKennedy lost 80 cents to finish at $73.10 with investors dealing in 10,883 stock units. Guardian Holdings slipped $8 to $301 after an exchange of 4,500 stocks, JMMB Group increased 50 cents to close at $21 with 122,580 units crossing the market, Kingston Wharves gained $1.24 to end at $31.97 with an exchange of 46,289 shares. Margaritaville advanced 49 cents in closing at $14.69 with just 6 stocks being traded, NCB Financial fell 40 cents and ended at $50.10 with a transfer of 136,686 stocks, Sagicor Group popped $1.94 to finish at $39.99 with investors swapping 9,289 units. Seprod advanced $1.49 and ended at $85.50 after an exchange of 2,433 shares and Stanley Motta rose $1.29 to $7.70 in trading a mere 350 units.
In the preference segment, Jamaica Public Service 9.5% sank $4 to close at $2,686 with 15 stocks crossing the exchange and 138 Student Living preferred share drpoped $40.87 to end at $238 with traders dealing in 54 stock units.
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: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Trading drops on the JSE USD Market
January 24, 2025 by IC Insider.com
The Jamaica Stock Exchange US dollar market closed 0.78 points higher on Friday, with the volume of stocks traded declining 17 percent with an 88 percent lower value than on Thursday as trading ended with nine securities changing hands, compared to seven on Thursday with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 145,889 shares for US$9,208 compared to 176,396 stocks at US$76,642 on Thursday. Trading averaged 16,210 shares at US$1,023 compared to 25,199 units at US$10,949 on Thursday, with a month to date average of 123,379 shares at US$5,075 compared with 130,523 stocks at US$5,345 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index gained 0.81 points to finish at 237.43. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling price and none with a lower offer.
The PE Ratio, one of the best-known measures used to determine appropriate stock values, averages 7.4. 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 trading, First Rock Real Estate USD share gained 0.39 of one cent in closing at 2.99 US cents with investors dealing in 84 shares, Margaritaville skidded 2.4 cents to 8.6 US cents after an exchange of 800 stocks, Productive Business Solutions sank 5 cents to finish at US$1.40 with investors trading 79 shares. Proven Investments ended at 12.5 US cents, with 25,362 stock units clearing the market, Sterling Investments remained at 1.8 US cents with traders dealing in 410 shares, Sygnus Credit Investments rose 0.8 of a cent to close at 6.95 US cents with 56,623 stock units ended up being traded. Sygnus Real Estate Finance USD share ended at 5.9 US cents with investors trading 165 stocks and Transjamaican Highway advanced 0.07 of one cent to end at 2.87 US cents with an exchange of 62,363 units.
In the preference segment, Productive Business Solutions 9.25% preferred share remained at US$10.80 with just three stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Global Market, Stock Market Tagged With: First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE USD dollar market, Margaritaville, Productive Business Solutions, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway
Robust bounce for JSE Main Market
January 24, 2025 by IC Insider.com
The Main Market of the Jamaica Stock Exchange enjoyed a robust bounce but ended the week on Friday still under water from three days of losses between Tuesday and Thursday following trading in 60 securities compared with 61 on Thursday, with prices of 22 rising, 18 declining and 20 ending unchanged, resulting in trading volume climbing 135 percent after 25 percent fewer funds flowed into the market compared to Thursday, with the news that the government plans on divesting its 20 percent holding in Transjamaican Highway seems to have induced some amount of selling in the stock, with the price slipping 5 cents.
At the close of the the Jamaica Stock exchange 14,725,334 shares were traded at $71,113,191 versus 6,256,844 stock at $94,236,504 on Thursday.
Trading averaged 245,422 shares at $1,185,220 versus 102,571 units at $1,544,861 on Thursday and for the month to date, an average of 230,553 shares were exchanged at $1,790,087 compared with 229,633 stocks at $1,827,540 on the prior day with an average of 967,720 stock at $18,390,902 in December.
JMMB Group 7.35% – 2028 led trading with 5.98 million shares for 40.6 percent of total volume followed by Transjamaican Highway which ended with 3.59 million stocks for 24.4 percent of the day’s trade and Radio Jamaica with 2.23 million stock units for 15.1 percent of the day’s trade.
The All Jamaican Composite Index jumped 4,007.11 points to finish at 384,616.64, the JSE Main Index climbed 2,488.97 points to close at 332,616.79 and the JSE Financial Index popped 1.42 points to settle at 68.82. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.At the close of trading, AS Bryden dipped $1.77 and ended at $30 after an exchange of 9,288 stock units, Barita Investments climbed 49 cents to $73.99 with investors swapping 530 shares, Berger Paints rose 50 cents in closing at $8.30 in an exchange of 5,945 units. Caribbean Cement declined $1.79 to finish at $86.20 with 6,283 units being traded, GraceKennedy gained 40 cents to end at $73.90 after hitting a 52 weeks’ intraday low of $70 with a transfer of 65,107 shares, Guardian Holdings popped $8.90 to close at $309 with 30 stock units clearing the market. Jamaica Broilers shed 90 cents to close at $38.60 with traders dealing in 156,817 stocks, JMMB Group declined 40 cents to end at $20.50 with 69,516 stock units passing through the market, Kingston Wharves advanced 72 cents to close at $30.73 with investors trading 3,650 shares.
Margaritaville lost 49 cents to close at $14.20 with 802 stocks crossing the market, Mayberry Group increased 48 cents and ended at $8 in trading 7,463 units, Pan Jamaica rallied $2.21 to finish at $54 after an exchange of 612 stock units. Proven Investments rose $2.58 to $20.50 with investors dealing in 302,665 shares, Sagicor Group climbed $1.05 to close at $38.05 in an exchange of 13,587 stock units, Scotia Group gained $1 and ended at $62 with investors trading 32,167 stocks. Seprod skidded 49 cents to end at $84.01 with an exchange of 368 units and Stanley Motta sank $1.59 to finish at $6.41 with 4,423 stocks crossing the market.
In the preference segment, Productive Business Solutions 10.5% preference share popped $165 to close at $1,100 with a transfer of just 7 units and Sygnus Credit Investments C10.5% slipped $5.50 to $103.50 with 1,914 shares crossing the exchange.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
JSE US Dollar market trading skids
January 23, 2025 by IC Insider.com
Trading skidded on the Jamaica Stock Exchange US dollar market on Thursday with an exchange of seven securities, compared with six on Wednesday with the volume of stocks traded slumping 98 percent and the value dropping by 74 percent in comparison to Wednesday and ended with prices of two stocks rising, four declining and one ending unchanged.
The market closed with an exchange of 176,396 shares for US$76,642 compared to 10,853,995 stock units at US$299,532 on Wednesday.
Trading ended with an average of 25,199 shares at US$10,949 a drop from 1,808,999 stocks at US$49,922 on Wednesday, with the month to date averaging 130,523 units at US$5,345 compared with 136,283 stocks at US$5,038 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index fell 0.17 points to end at 236.63. The Investor’s Choice bid-offer indicator shows three 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 used to determine appropriate stock values, averages 7.2. 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 trading, Proven Investments slipped 0.29 of a cent to close at 12.5 US cents as investors exchanged 1,315 shares, Sterling Investments popped 0.05 of a cent to 1.8 US cents after a transfer of 7,059 stocks, Sygnus Credit Investments lost 0.8 of one cent to end at 6.15 US cents with investors ending up trading 5,200 shares and Transjamaican Highway remained at 2.8 US cents in an exchange of 92,394 stock units.
In the preference segment, JMMB Group US8.5% preference share skidded 13 cents and ended at US$1 with 70,361 shares changing hands, JMMB Group 5.5% fell 30.75 cents to finish at US$1.74 after an exchange of a mere two stocks and Productive Business Solutions 9.25% preference share rallied 10 cents to US$10.80 with 65 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Drop for the JSE Main Market
January 23, 2025 by IC Insider.com
Trading volume dipped on the Jamaica Stock Exchange Main Market on Thursday, ending 56 percent lower with Transjamaican Highway accounting for 24 percent of the total shares exchanged in the market as the value popped 49 percent higher than on Wednesday. Trading took place in 61 securities compared with 56 on Wednesday and ended with prices of 19 rising, 26 declining and 16 ending unchanged.
The market closed with trading of 6,256,844 shares at $94,236,504 in contrast to 14,230,000 stocks at $63,207,258 on Wednesday.
Trading averaged 102,571 shares valued at $1,544,861 compared to 254,107 stocks at $1,128,701 on Wednesday and month to date, an average of 229,633 units at $1,827,540 slightly down from 238,169 shares at $1,846,531 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Trading was led by Transjamaican Highway with 1.50 million shares for 24 percent of the total volume and followed by JMMB 9.5% preferred share with 1.29 million units for 20.6 percent of the day’s trade and Sagicor Select Financial Fund with 842,421 stocks for 13.5 percent of the volume traded.
The All Jamaican Composite Index declined 401.76 points to conclude trading at 380,609.53, the JSE Main Index lost 255.90 points to finish at 330,127.82 and the JSE Financial Index dipped 0.36 points to wrap up trading at 67.40. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints dipped 50 cents to end at $7.80 after an exchange of 3,551 stocks, Caribbean Cement rose $2.99 to close at $87.99 with trading in 713,090 units, Eppley Caribbean Property Fund sank $1 to $37 with 1,408 shares clearing the market. GraceKennedy dropped 45 cents and ended at $73.50 in an exchange of 21,332 stock units, Guardian Holdings sank $5.90 to close at $300.10 with investors dealing in 984 shares, Jamaica Broilers declined 50 cents to finish at $39.50 with 4,847 stocks switching owners. Mayberry Group fell 49 cents to $7.52 with 9,400 units crossing the exchange, Mayberry Jamaican Equities advanced 63 cents to finish at $10 with investors trading just three stock units, NCB Financial shed 45 cents and ended at $50.20 in an exchange of 127,097 shares. Pan Jamaica popped $1.18 to close at $51.79 with investors swapping 2,430 units, Proven Investments lost $3.50 in closing at $17.92 with an exchange of 600 stocks, Sagicor Group slipped $2 to end at $37 with 108,660 stock units having been traded at the close. Scotia Group increased $1.02 to $61 with traders dealing in 103,450 shares, after the price hit an intraday low of $56.59, Seprod climbed 50 cents to $84.50 after an exchange of 150 stocks and Sygnus Real Estate Finance gained 38 cents to close at $10.28 with 450 units crossing the market.
In the preference segment, Eppley 7.25% preference share rallied $2.89 to finish at $19.25 with a transfer of 250 stock units, 138 Student Living preferred share popped $40.12 and ended at $278.87 with 123 shares crossing the market, Productive Business Solutions 10.5% preference share skidded $165 to end at a 52 weeks’ low of $935 with the trading of 113 stock units and Sygnus Credit Investments C10.5% gained $5 to $109 with 5,622 stocks passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Transjamaican tops JSE Main Market trading
January 22, 2025 by IC Insider.com
Trading dropped back to more sedate levels on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 52 percent boosted by a 9 million trade in Transjamaican Highway, but with a 75 percent lower value than on Tuesday.
Trading took place in 56 securities down from 60 on Tuesday, with prices of 17 rising, 20 declining and 19 ending unchanged, resulting in a decline in the value of the market.
The market closed with trading of 14,230,000 shares for $63,207,258 compared to 9,345,201 stock units at $253,994,490 on Tuesday.
Transjamaican led trading with 8.99 million shares for 63.2 percent of total volume followed by Radio Jamaica with 1.7 million stocks for 11.9 percent of the day’s trade and Wigton Energy with 1.23 million units for 8.7 percent of total trading.
The All Jamaican Composite Index dropped 1,811.19 points to finish at 381,011.29, the JSE Main Index sank 1,575.05 points to wrap up trading at 330,383.72 and the JSE Financial Index shed 0.39 points to close at 67.76. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and two with lower offers.The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Caribbean Cement advanced $1.37 to $85 with 26,887 units clearing the market, Eppley rose $1.98 to $37 with traders dealing in 263 stocks, GraceKennedy rallied $1.95 in closing at $73.95 after an exchange of 11,561 shares. Guardian Holdings increased $6 to close at $306 with a transfer of just 4 stock units, Jamaica Broilers climbed $1.40 to finish at $40 with investors swapping 9,984 shares, JMMB Group popped 60 cents and ended at $21.20 after an exchange of 67,776 stocks. Kingston Properties gained 59 cents in closing at $9 with investors dealing in 949 units, Mayberry Jamaican Equities dropped 63 cents to $9.37 in an exchange of 10,433 stock units, NCB Financial rose 40 cents to finish at $50.65 with investors trading 5,210 shares. Proven Investments gained 94 cents and ended at $21.42 in switching ownership of 14,194 units, Scotia Group sank $3.02 to end at $59.98 after 45,840 stocks passed through the market, Seprod skidded $1 to close at $84 in trading 9,112 stock units. Sygnus Credit Investments popped 80 cents to $12.80 after a transfer of 21,547 shares and Wisynco Group climbed 44 cents in closing at $21.59 with 222,260 units changing hands.
In the preference segment, Eppley 7.25% preference share lost $2.89 after ending at $16.36 in trading 61,370 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Filed Under: JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, GraceKennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
Transjamaican pumps up JSE USD trades
January 22, 2025 by IC Insider.com
Trading in Transjamaican Highway jumped sharply with more than 10.8 million of its shares were exchanged on the Jamaica Stock Exchange US dollar market on Wednesday, pushing the volume of stocks traded on the market surging 3,236 percent over trading on Tuesday, with a 2,636 percent leap in value, resulting in the exchange of six securities, compared with seven previously with prices of three rising, two declining and one ending unchanged.
The market closed with an exchange of 10,853,995 shares for US$299,532 up from just 325,340 stocks at US$10,946 on Tuesday.
Trading averaged 1,808,999 shares at US$49,922 compared to 46,477 stocks at US$1,564 on Tuesday, with a month to date average of 136,283 units at US$5,038 compared with 54,018 stocks at US$2,831 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index sank 1.61 points to settle at 236.80. The Investor’s Choice bid-offer indicator shows two 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 used to determine appropriate stock values, averages 7.3. 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, MPC Caribbean Clean Energy declined 4.58 cents to 65 US cents with a transfer of a mere one share, Proven Investments ended at 12.79 US cents as investors exchanged 792 stocks, Sterling Investments gained 0.29 of a cent to end at 1.75 US cents after 1,070 shares passed through the market. Sygnus Credit Investments rose 0.8 of a cent in closing at 6.95 US cents after trading 2,866 stock units and Transjamaican Highway fell 0.07 of one cent to close at 2.8 US cents with a heavy trade of 10,849,216 shares.
In the preference segment, Productive Business Solutions 9.25% preference share climbed 30 cents to finish at US$10.70 after an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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