The Jamaica stock market closed higher on the back of increased trading activity to close out another month and quarter for the Jamaica Stock Exchange, with the major market indices closing higher on a day when the number and value of stocks changing hands surged sharply over the previous trading day, resulting in prices of 40 shares rising and 36 declining.
At the close of the market, the JSE Combined Market Index rose 1,723.87 points to 332,526.55, the All Jamaican Composite Index increased 3,166.41 points to 358,136.59, the JSE Main Index climbed 1,525.91 points to close trading at 318,919.87. The Junior Market Index popped 37.12 points to 3,843.23, fractionally higher than the close in June and the JSE USD Market Index rallied 1.70 points to settle at 236.67.
At the close of trading, 78,640,697 shares were exchanged in all three markets, up from 33,319,433 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $326.65 million, well above the $189.89 million on the previous trading day and the JSE USD market closed with an exchange of 1,447,374 shares for US$79,036 compared to 245,101 units at US$5,275 on Thursday.
In Main Market activity, Wigton Windfarm led trading with 14.05 million shares followed by Sagicor Select Financial Fund with 2.64 million stocks, Transjamaican Highway was next with 2.45 million shares and Supreme Ventures with 1.56 million units.
In the Junior Market, Dolla Financial led trading with 11.33 million shares followed by Express Catering with 5.20 million units, Omni Industries was next with 5.12 million stocks, Future Energy ended with 4.64 million shares, Lasco Financial closed with 2.72 million stock units and Jetcon Corporation with 2.63 million units.
In the preference segment, Jamaica Public Service 7% rose $6.47 to close at $47.97, JMMB Group 7% preference share rallied 42 cents to $2.76, 138 Student Living preference share increased $19.55 to end at $200 and Sygnus Credit Investments C10.5% skidded $2 in closing at $108.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.9 on 2023-24 earnings and 14 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the 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 EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable 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.
Fewer $$s passed through JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 78 percent increase in the volume of stocks exchanged rising with a 77 percent lower value than on Wednesday, resulting in trading in eight securities, similar to Wednesday with prices of one rising, six declining and one ending unchanged.
The market closed with an exchange of 245,101 shares for US$5,275 compared to 137,354 units at US$22,495 on Wednesday.
Trading averaged 30,638 units at US$659 compared to 17,169 shares at US$2,812 on Wednesday, with a month to date average of 44,733 shares at US$3,256 compared with 45,696 units at US$3,434 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 1.23 points to lock up trading at 235.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Real Estate USD share ended at 4 US cents as investors exchanged 7,595 stock units, MPC Caribbean Clean Energy dipped 0.01 of a cent in closing at 63.99 US cents with 100 shares changing hands, Proven Investments fell 0.55 of one cent to 12.45 US cents in an exchange of 912 units.
Sterling Investments dipped 0.01 of a cent and ended at 1.53 US cents with 8,930 stock units crossing the market, Sygnus Credit Investments rose 1 cent to finish at 7 US cents in an exchange of 1,829 units, Sygnus Real Estate Finance USD share shed 0.87 of one cent to close at 10.12 US cents after 196 stocks passed through the market and Transjamaican Highway declined 0.02 of a cent to 1.98 US cents after 225,515 shares crossed the exchange.
In the preference segment, JMMB Group 5.75% lost 5 cents to end at US$1.80, with a transfer of 24 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
8% jump for JSE USD stocks
The US Denominated Equities Index surged 17.10 points or 7.8 percent in closing at 236.20 at the close of trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, following an 89 percent drop in the volume of stocks exchanged and an 80 percent drop in value than on Tuesday, resulting from trading in eight securities, up from five on Tuesday with prices of two rising, three declining and three ending unchanged.
The market closed with an exchange of 137,354 shares for US$22,495, down from 1,221,116 units at US$112,024 on Tuesday.
Trading averaged 17,169 units at US$2,812 versus 244,223 shares at US$22,405 on Tuesday, with a month to date average of 45,696 shares at US$3,434 compared with 47,790 units at US$3,480 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.7. The PE ratio is based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of trading, AS Bryden increased 3.29 cents to end at 25.29 US cents with an exchange of 53 stocks, First Rock Real Estate USD share ended at 4 US cents with traders dealing in 1,277 units, Productive Business Solutions climbed 17.5 cents to US$1.45 after 110 shares passed through the market.
Proven Investments ended at 13 US cents after an exchange of 1,528 stock units, Sterling Investments dipped 0.06 of a cent to 1.54 US cents after it closed with an exchange of 595 shares, Sygnus Credit Investments sank 1.8 cent in closing at a 52 weeks’ low 6 US cents in switching ownership of 27,200 stocks and Transjamaican Highway ended at 2 US cents as investors exchanged 91,713 units.
In the preference segment, JMMB Group US8.5% preference share slipped 2 cents in closing at US$1.25 in trading 14,878 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most stocks rose on JSE USD market
Stocks mostly rose on the Jamaica Stock Exchange US dollar market on Tuesday, a day of no declines with the volume and the value of stocks traded rising over activity on Monday, resulting in trading in five securities, compared to four with prices of three rising, none declining and two ending unchanged.
Trading surged on Tuesday with 1,221,116 shares changing hands for US$112,024 compared with a mere 3,378 units at just US$273 on Monday.
Trading averaged 244,223 units at US$22,405 versus 845 shares at a mere US$68 on Monday, with a month to date average of 47,790 shares at US$3,480 compared with 38,346 units at US$2,570 on the previous day and May with an average of 32,077 units for US$3,201.
The US Denominated Equities Index advanced 0.46 points to end at 219.12.
The PE Ratio, a measure used in computing appropriate stock values, averages eight. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of trading, Proven Investments rallied 0.5 of a cent to 13 US cents with an exchange of 736,716 stock units, Sterling Investments added 0.12 of one cent to finish at 1.6 US cents, with 25 units crossing the market and Transjamaican Highway ended at 2 US cents with investors trading 479,116 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.27 in switching ownership of 5,246 stock units and Sygnus Credit Investments E8.5% popped 1 cent to close at US$10.06 after trading 13 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 13,687,861 shares being traded for $100,043,332 compared to 13,147,467 stock units at $113,060,902 on Wednesday.
The Main Market ended trading with an average PE Ratio of 14.9. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Scotia Group climbed $1 to end at $45 with 86,230 shares clearing the market. Supreme Ventures dropped 89 cents to end at $23.10 in an exchange of 34,131 units and Wisynco Group popped 66 cents and ended at $21.22 with investors trading 40,955 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index climbed 1,917.96 points to 330,802.68, the All Jamaican Composite Index skidded 2,566.82 points to 354,970.18, the JSE Main Index fell 2,262.58 points to conclude trading at 317,393.96. The Junior Market Index advanced by 34.92 points to 3,806.11 and the JSE USD Market Index dipped 1.23 points to wrap up trading at 234.97.
In the preference segment, Jamaica Public Service 7% sank $6.49 to close at $41.50. JMMB Group 7% preference share slipped 90 cents to $2.34 and 138 Student Living preference share rallied $44.71 in closing at $180.45.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 Main Market closed with trading of 13,147,467 shares for $113,060,902 up from 11,380,554 units at $102,771,663 on Tuesday.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
MPC Caribbean Clean Energy jumped $6.94 to $90 with a transfer of 35 stocks, Pan Jamaica fell 75 cents to finish at $50.75 after traders swapped 254,028 stocks, Sagicor Group climbed 50 cents and ended at $41 in an exchange of 8,573 shares. Scotia Group slipped 89 cents to close at $44 with investors trading 29,563 units, Sygnus Credit Investments popped $1.47 to end at $12.16 after shareholders traded 1,330,198 stocks and Wisynco Group lost 44 cents in closing at $20.56 with investors dealing in 10,176 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index climbed 1,589.37 points to 332720.64, the All Jamaican Composite Index rose 803.03 points to 357,537.00, the JSE Main Index rallied 1,434.43 points to close at 319,656.54. The Junior Market Index rallied 30.50 points to end the day at 3,771.19 and the JSE USD Market Index jumped 17.10 points to wrap-up trading at 236.20.
In the preference segment, Productive Business Solutions 10.5% preference share rallied $50 to $1,100 and Sygnus Credit Investments C10.5% rose $2 to end at $110.
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.
Investors traded 11,380,554 shares at $102,771,663 down from 13,700,341 units at $172,344,664 on Monday.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Pan Jamaica increased 50 cents to $51.50 after an exchange of 40,296 units, Proven Investments climbed 50 cents to end at $20 with investors transferring 68,892 stock units, Sagicor Group rose 50 cents to $40.50, with 10,575 shares crossing the market. Sagicor Real Estate Fund advanced 52 cents to finish at $8.02 after exchanging 250 stock units, Scotia Group rose $2.04 and ended at $44.89 with investors swapping 5,550 stocks, Stanley Motta fell 50 cents to close at $6, with 9,984 stock units changing hands. Supreme Ventures rallied 99 cents to $23.99 with 84,590 shares changing hands and Wisynco Group increased $1 to end at $21 in trading 41,618 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index climbed 564.71 points to 331,131.27, the All Jamaican Composite Index rallied 937.75 points to 356,733.97, the JSE Main Index advanced 139.64 points to 318,222.11. The Junior Market Index jumped 60.76 points to 3,740.69 and the JSE USD Market Index rose 0.42 points to 219.10.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. The ICInsider.com PE ratio chart and detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.