Bryden at record high, Grace corners value

AS Bryden jumped to a record high of $45 at the close of trading on the Jamaica Stock Exchange Main Market ended on Friday and GraceKennedy dominated trading with the value of shares traded on a day when the total value exceeded $380 million for the Main market.
The volume of stocks traded climbed 15 percent and the value surged 904 percent higher than in Thursday’s market activity, with trading in 52 securities compared with 57 on Thursday, with prices of 17 stocks rising, 18 declining and 17 ending unchanged.
The market closed on Friday with 19,335,881 shares trading for $380,400,356 up from 16,799,684 units at $37,893,948 on Thursday.
Trading averaged 371,844 shares at $7,315,391 compared to 294,731 units at $664,806 on Thursday and month to date, an average of 197,054 units at $1,580,870, in comparison with 177,507 units at $939,590 on the previous day and December that closed with an average of 264,266 units at $3,755,946.
Wigton Windfarm led trading with 4.96 million shares for 25.7 percent of total volume followed by JMMB Group 7.5% with 4.18 million units for 21.6 percent of the day’s trade, GraceKennedy ended with 3.29 million units for 17 percent of market share, Carreras closed with 2.46 million units for 12.7 percent market share and Radio Jamaica had an exchange of 1.12 million units for 5.8 percent of total volume.
The All Jamaican Composite Index jumped 3,718.84 points to settle at 359,839.19, the JSE Main Index climbed 3,015.95 points to cease trading at 322,238.80 and the JSE Financial Index popped 0.95 points and closed trading at 68.86.
The Main Market ended trading with an average PE Ratio of 13.6. 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 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden advanced $8.50 in closing at a record high of $45, up 55 percent from the price the stock first traded at on listing as investors exchanged 25,001 stock units on Friday, Barita Investments rose $1.87 to $72.40 after trading 9,624 shares, Caribbean Cement rallied 40 cents to close at $56.90 as investors exchanged 503,525 stocks. First Rock Real Estate declined $1.04 and ended at $6.01 in switching ownership of 31,007 units, General Accident increased 75 cents to end at $5.75, with 6,000 stocks crossing the market, GraceKennedy fell 50 cents in closing at $79 in an exchange of 3,289,510 stock units. Jamaica Stock Exchange skidded 47 cents to $10.03 with investors dealing in 12,696 shares, JMMB Group climbed 88 cents and ended at $24.68 with a transfer of 1,638 stock units, NCB Financial lost $2.05 to end at $65.45, with 434,995 shares clearing the market. Pan Jamaica popped 30 cents to close at $50.50 with investors transferring 4,051 stock units, Scotia Group gained 50 cents to close at $39.38 after 599,431 stocks were traded and Supreme Ventures rose 51 cents in closing at $25.81 with traders dealing in 4,470 units.
In the preference segment, Jamaica Public Service 7% dropped $6 to close at $42 in an exchange of 870 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the market value falling for a second day and ended with the volume of stocks traded rising 34 percent, with a 72 percent lower value than on Wednesday, following trading occurring in 57 securities compared with 58 on Wednesday, and ending with prices of 21 stocks rising, 20 declining and 16 ending unchanged.
The market closed with an exchange of 16,799,684 shares costing a total of $37,893,948 compared to 12,511,690 units at $136,341,735 on Wednesday.
Trading averaged 294,731 shares at $664,806 compared to 215,719 units at $2,350,720 on Wednesday and month to date, an average of 177,507 units at $939,590, in comparison with 161,130 units at $977,979 on the previous day and December with an average of 264,266 units at $3,755,946.
Wigton Windfarm led trading with 12.69 million shares for 75.5 percent of total volume, Transjamaican Highway was next  with 1.12 million units for 6.7 percent of the day’s trade and Radio Jamaica with 849,926 units for 5.1 percent market share.
The All Jamaican Composite Index lost 1,252.29 points to end the day at 356,120.35, the JSE Main Index dropped 1,306.80 points to close trading at 319,222.85 and the JSE Financial Index declined 0.52 points to finish at 67.91.
The Main Market ended trading with an average PE Ratio of 13.5. 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 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden fell $3.50 and ended at $36.50 in an exchange of 19,836 stocks, Barita Investments lost 47 cents to close at $70.53 with investors dealing in 10,759 units, Berger Paints rallied 39 cents to close trading at $6.59 with 118 shares passing through the exchange. Caribbean Cement dropped 50 cents in closing at $56.50 after a transfer of 17,212 units, Eppley Caribbean Property Fund sank $2.50 to close at $37.50 while exchanging 11,853 shares, Guardian Holdings declined $30 to $360 with investors trading 3,935 units. Jamaica Broilers popped 74 cents and ended at $33.99 with an exchange of 12,214 stocks, Jamaica Producers shed 80 cents to end at $22.50 with 2,510 stock units clearing the market, Jamaica Stock Exchange advanced 44 cents in closing at $10.50 in an exchange of 365 shares. JMMB Group dipped $1.15 to close at 52 weeks’ low of $23.80, with 41,688 stock units passing through the market, Margaritaville rose $2.58 to $17.58 after exchanging 111 stocks, Massy Holdings skidded $1.45 to $89 in trading 7,007 units. Mayberry Jamaican Equities gained 52 cents to end at $9.53 after an exchange of 68,648 stock units, Sagicor Group lost $2.93 in closing at $42 with a transfer of 114,096 shares, Seprod climbed $1 and ended at $84 with investors trading 2,091 shares and Supreme Ventures shed 60 cents to end at $25.30 in switching ownership of 35,171 units.
In the preference segment, Productive Business Solutions 10.5 % preference share declined $25 and ended at $1,075 with investors trading 95 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 267 percent after 90 percent less money changed hands compared with Wednesday, resulting in trading in eight securities, compared to five on Wednesday with prices of two rising, five declining and one ending unchanged.
The market closed with an exchange of 81,185 shares for US$2,499 compared with 22,109 units at US$25,157 on Wednesday.
Trading averaged 10,148 units at US$312 compared to 4,422 shares at US$5,031 on Wednesday, with a month to date average of 14,540 shares at US$1,073 compared with 15,357 units at US$1,215 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index lost 2.75 points to conclude trading at 238.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville rallied 2.3 cents in closing at 12.4 US cents after an exchange of one unit, MPC Caribbean Clean Energy fell 4 cents to 54 US cents with investors trading 878 stocks, Proven Investments lost 1 cent and ended at 13.5 US cents after an exchange of 4,113 shares. Sterling Investments dipped 0.03 of a cent to 1.57 US cents, with investors exchanging 59,522 stocks, Sygnus Credit Investments slipped 0.5 of one cent to close at 8.5 US cents with an exchange of 3,146 stock units and Transjamaican Highway skidded 0.01 of a cent to 1.7 US cents after 13,522 shares cleared the market.
In the preference segment, JMMB Group 6% rose 1 cent to close trading atUS$1.20, with an exchange of one stock unit and Productive Business Solutions 9.25% preference share ended at US$11.50 with a transfer of two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors rise as JSE Main & USD markets drop

The Junior Market was the only market recording gains at the close of trading on Thursday on the Jamaica Stock Exchange, but the JSE USD market slipped with the Main Market falling as trading ended with the number of shares jumping but with a lower value than on Wednesday as trading ended with 32 ordinary shares rising and 35 declining.
At the close of trading on Thursday, the JSE Combined Market Index dropped 991.34 points to 332,385.19, the All Jamaican Composite Index declined 1,252.29 points to 356,120.35, the JSE Main Index dropped 1,306.80 points to 319,222.85. The Junior Market Index added 26.75 points to settle at 3,768.57 and the JSE USD Market Index shed 2.75 points to close at 238.07.
At the close of trading, 24,096,418 shares were exchanged in all three markets, up from 16,686,862 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $52.34 million, up from $145.58 million on Tuesday and the JSE USD market closed after 81,185 shares for US$2,499 compared to 22,109 units at US$25,157 on Wednesday.
Main Market trading was dominated by Wigton Windfarm led trading with 12.69 million shares followed by Transjamaican Highway with 1.12 million units and Radio Jamaica with 849,926 units.
In the Junior Market, Derrimon Trading led trading with 2.19 million shares followed by MFS Capital Partners with 1.30 million units and One Great Studio with 851,349 stocks.
At the close of the market, some of the major rising Main Market stocks are Margaritaville rose $2.58 to $17.58 and Seprod climbed $1 and ended at $84.
the major declining Main Market stocks include AS Bryden fell $3.50 and ended at $36.50, Eppley Caribbean Property Fund sank $2.50 to close at $37.50, Guardian Holdings declined $30 to $360, JMMB Group dipped $1.15 to close at $23.80, Massy Holdings skidded $1.45 to close at $89 and Sagicor Group lost $2.93 in closing at $42.
In the Junior Market, the major rising stocks include Access Financial gaining $3 in closing at $23 and AMG Packaging gaining 40 cents to close at $2.76. Stocks declining in the Junior Market had moderate price changes.
In the preference segment, Productive Business Solutions 10.5 % preference share declined $25 and ended at $1,075.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.5 on 2022-23 earnings and 13.8 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.

JSE Main market closes down as trading jumps

Trading activity picked up sharply on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded jumping 131 percent and the value surging 499 percent more than Tuesday, with trading in 58 securities compared with 55 on Tuesday, with prices of 25 stocks rising, 21 declining and 12 ending unchanged resulting in a fall in the market indices but Investor’s Choice bid-offer indicator is flashing a positive signal at the close.
The market closed with an exchange of 12,511,690 shares at $136,341,735 from 5,418,018 units at $22,750,182 on Tuesday.
Trading averaged 215,719 shares at $2,350,720 up sharply from 98,509 units at $413,640 on Tuesday and month to date, an average of 161,130 units at $977,979, in comparison with 152,084 stock units at $750,496 on the previous day and December that averaged 264,266 units at $3,755,946.
Wigton Windfarm led trading with 3.67 million shares for 29.3 percent of the total volume followed by Jamaica Broilers with 3.22 million units for 25.7 percent of the day’s trade, JMMB Group 7.5% with 2.35 million units for 18.8 percent market share and Transjamaican Highway with 1.03 million units for 8.2 percent of total volume.
The All Jamaican Composite Index fell 3,548.11 points to settle at 357,372.64, the JSE Main Index declined 2,758.68 points to conclude trading at 320,529.65 and the JSE Financial Index declined 1.77 points to 68.43.
The Main Market ended trading with an average PE Ratio of 13.6. 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 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and none with a lower offer, an indication of a surge in the market at the opening on Thursday.
At the close, AS Bryden rallied $1 and ended at a record high of $40 while exchanging 5,683 units, Barita Investments rose 49 cents to $71 after 6,404 stocks passed through the market, Caribbean Cement climbed $2.24 to close at $57 with an exchange of 1,772 shares. Carreras popped 41 cents in closing at $8.55 with 75,183 stock units clearing the market, First Rock Real Estate advanced 33 cents to end at $7.10 after exchanging 89 shares, Guardian Holdings sank $5 to $390 with a transfer of 46 stock units. Jamaica Broilers lost 65 cents in closing at $33.25 after investors ended trading of 3,216,002 units, Jamaica Producers increased 80 cents to end at $23.30 in an exchange of 178,177 stocks, Jamaica Stock Exchange dipped 96 cents to close at $10.06 with investors trading 4,391 shares. Kingston Properties fell 50 cents and ended at $7.05 in switching ownership of 33,468 stocks being traded, Mayberry Group fell 95 cents to $7.50 with 12,001 units, Mayberry Jamaican Equities shed 89 cents to close at $9.01 in trading 30,803 stocks. NCB Financial gained $1.30 in closing at $67.50 with 46,518 units crossing the exchange, Proven Investments dropped $1.30 and ended at $22.18 with traders dealing in 725 stocks, Sagicor Group skidded $1.07 to end at $44.93 after a transfer of 60,625 shares. Salada Foods popped 47 cents to $3.94, with 2,084 stock units crossing the market, Scotia Group advanced 70 cents to close at $38.80 after an exchange of 17,100 shares and Seprod sank $1.99 and ended at $83 with investors transferring 36,072 stock units.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 in an exchange of  one stock and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100, with 280 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on the JSE USD Market

 Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 84 percent after 680 percent more money changed hands than on Tuesday, resulting in trading in five securities, compared to six on Tuesday with prices of one rising, one declining and three ending unchanged.
The market closed with an exchange of 22,109 shares for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Trading averaged 4,422 units at US$5,031 versus 22,596 shares at US$537 on Tuesday, with a month to date average of 15,357 shares at US$1,215 compared with 16,796 units at US$712 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index rose 1.04 points to close at 240.82.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Productive Business Solutions dropped 1 cent to end at US$1.77 with investors swapping 14 stocks, Proven Investments ended at 14.5 US cents, with 963 shares crossing the market, Sterling Investments remained at 1.6 US cents in an exchange of 64 stocks and Transjamaican Highway ended at 1.71 US cents after 68 units passed through the market.
In the preference segment, JMMB Group 6% advanced 14 cents to close at US$1.19 in an exchange of 21,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Decline for JSE Main Market, Junior & USD markets steady

The Junior Market and the JSE USD market were relatively stable in trading on Wednesday, with the Main Market of the Jamaica Stock Exchange declining meaningfully as trading ended with the number and the value of shares trading rising sharply over that on Tuesday as trading ended with 37 ordinary shares rising and 34 declining.
At the close of trading on Wednesday, the JSE Combined Market Index rallied 503.65 points to end trading at 336,013.76, while the All Jamaican Composite Index declined 3,548.11 points to 357,372.64, the JSE Main Index declined 2,758.68 points to lock up trading at 320,529.65. The Junior Market Index slipped 5.71 points to  3,741.82 points and the JSE USD Market Index rallied 1.02 points to end trading at 240.82.
At the close of trading, 16,686,862 shares were exchanged in all three markets, up from 14,586,125 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $145.58 million, up from $38.46 million on Tuesday and the JSE USD market closed after only 22,109 shares were exchanged for US$25,157 compared to 135,574 units at US$3,223 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 3.67 million shares followed by Jamaica Broilers with 3.22 million units, JMMB Group 7.5% ended with 2.35 million units and Transjamaican Highway with 1.03 million units.
In the Junior Market, Dolla Financial led trading with 1.31 million shares, followed by One Great Studio with 558,940 units and iCreate with 323,373.
At the close of the market, Main Market stocks rising are AS Bryden that rallied $1 and ended at $40, Caribbean Cement climbing $2.24 to $57, NCB Financial gaining $1.30 in closing at $67.50.
Declining Main Market stocks include Guardian Holdings down $5 to $390, Jamaica Stock Exchange dipping 96 cents to $10.06, Mayberry Group declining 95 cents to $7.50, Mayberry Jamaican Equities shedding 89 cents to close at $9.01, Proven Investments dropping $1.30 and ended at $22.18 as Sagicor Group skidded $1.07 to end at $44.93 and Seprod sank $1.99 and ended at $83.
In the Junior Market, rising stocks include Main Event which rose 67 cents to close at $14.97 and the stock with the largest loss in the Junior Market was AMG Packaging fell 64 cents to $2.36.
In the preference segment, Jamaica Public Service 7% rose $8.17 in closing at $48.17 and Productive Business Solutions 10.5 % preference share rallied $40 to end at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.6 on 2022-23 earnings and 13.9 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.

Slippage in JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 479 percent jump in the volume of stocks changing hands and the value rising 202 percent more than on Monday, resulting in trading in six securities, compared to eight on Monday with two rising, none declining and four ending unchanged.
The market closed with an exchange of 135,574 shares for US$3,223 compared to 23,424 units at US$1,068 on Monday.
Trading averaged 22,596 units at US$537 versus 2,928 shares at US$133 on Monday, with a month to date average of 16,796 shares at US$712 compared with 15,708 units at US$745 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index shed 1.68 points to end at 239.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4.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 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy popped 1 cent to 58 US cents in trading one stock, Productive Business Solutions ended at US$1.78 with 15 shares being traded, Proven Investments remained at 14.5 US cents in an exchange of 1,537 units. Sterling Investments ended at 1.6 US cents, with 3,113 stocks being traded, Sygnus Credit Investments remained at 9 US cents after a transfer of 10,000 shares and Transjamaican Highway popped 0.03 of a cent to 1.71 US cents with 120,908 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Most JSE Main Market prices fall but indices rise

Trading activity ended on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded declining 53 percent and the value 39 percent lower than on Monday, following trading in 55 securities compared with 59 on Monday, with prices of 17 stocks rising, 22 declining and 16 ending unchanged including AS Byden that closed at a a record high of $39 with a gain of 73 percent since listing late last year.
The market closed with just 5,418,018 shares trading for a mere $22,750,182 from 11,530,654 units at $37,231,165 on Monday.
Trading averaged 98,509 shares at $413,640 compared to 195,435 units at $631,037 on Monday. Trading for the month to date, averages 152,084 units at $750,496 versus 162,073 units at $813,300 on the previous day and December with an average of 264,266 units at $3,755,946.
Wigton Windfarm led trading with 2.32 million shares for 42.9 percent of total volume followed by Transjamaican Highway with 716,006 stock units for 13.2 percent of the day’s trade and Ciboney Group ended with 626,342 units for 11.6 percent market share.
The All Jamaican Composite Index popped 900.26 points to end at 360,920.75, the JSE Main Index gained 554.13 points to finish at 323,288.33 and the JSE Financial Index dipped 0.07 points to end at 70.20.
The Main Market ended trading with an average PE Ratio of 13.7. 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 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden rallied $5.51 to end at a 52 weeks’ high of $39 as investors exchanged 19,996 stock units, Barita Investments skidded 31 cents to $70.51 after a transfer of 11,254 shares, but ahead of the release of announcing a dividend of $1.634 to be paid on the second of February, Berger Paints fell 67 cents to close at $6.03, with 1,115 stocks changing hands. Caribbean Cement sank $2.86 in closing at $54.76 with 645 shares being traded, Eppley Caribbean Property Fund rose $1.98 and ended at $40 after an exchange of 400 shares, Jamaica Stock Exchange climbed $1.01 to $11.02 with a transfer of 1,129 stock units. JMMB Group increased 91 cents to close at $24.95 after exchanging 8,584 units, NCB Financial declined 78 cents in closing at $66.20 with investors transferring 27,475 stocks,

Pan Jamaica lost 30 cents to end at $50.20 in switching ownership of 358 shares. Scotia Group shed 90 cents and ended at $38.10 with investors trading 34,014 units, Seprod popped $2.49 to $84.99 while exchanging 45,431 stocks, Supreme Ventures advanced 49 cents to $25.99 in trading 19,835 stock units. Sygnus Credit Investments dropped 39 cents in closing at $10.90, with 115,762 shares crossing the market and Wisynco Group gained $1.14 and ended at $21.20 in trading 121,700 stock units.
In the preference segment, JMMB Group 7.35% – 2028 dipped 30 cents to close at $3 with 200,294 stocks clearing the market and 138 Student Living preference share rose $10.82 to $130.82 with investors trading 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rise & the Junior Market slips

The Junior Market and the JSE USD market slipped in trading on Tuesday while the Main Market moved up higher at the close of the market on Tuesday, with 37 ordinary shares declining against just 33 that gained as the Jamaica Stock Exchange closed following a fall in the volume and a decline in the value of stocks traded.
At the close of trading on Tuesday, the JSE Combined Market Index rallied 503.65 points to 336,013.76, the All Jamaican Composite Index popped 900.26 points to end the day at 360,920.75, the JSE Main Index popped 554.13 points to 323,288.33. The Junior Market Index slipped 1.83 points to close at 3,747.53 and the JSE USD Market Index shed 1.06 points to lock up trading at 239.80.
At the close of trading, 14,586,125 shares were exchanged in all three markets, down from 16,506,255 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $38.46 million, down from $48.4 million on Tuesday and the JSE USD market closed after 135,574 shares were traded for US$3,223 compared to 23,424 units at US$1,068 on Monday.
Main Market trading was dominated by Wigton Windfarm led trading with 2.32 million shares followed by Transjamaican Highway with 716,006 units and Ciboney Group with 626,342 units.
In the Junior Market, EduFocal led trading with 3.59 million shares followed by iCreate with 1.71 million units and Tropical Battery with 1.06 million units.
At the close of the market, Main Market stocks rising are AS Bryden up by $5.51 to end at a record closing high of $39, Eppley Caribbean Property Fund rising $1.98 to $40, Jamaica Stock Exchange climbing $1.01 to $11.02, Seprod popping $2.49 to $84.99 and Wisynco Group gaining $1.14 and ended at $21.20.
Declining Main Market stock include Caribbean Cement that sank $2.86 in closing at $54.76 and Scotia Group with a drop of 90 cents to $38.10.
In the Junior Market rising stocks include Cargo Handlers popped $2.18 to end at $13.75 and Fontana gained 59 cents to end at $10.60.
Stock with the largest losses in the Junior Market were Access Financial dropped $5 and ended at $20, Dolphin Cove sank $1.10 and ended at $18.60, ISP Finance shed $6.62 to close at $24.87 and KLE Group sank 50 cents in closing at $1.50.
In the preference segment, 138 Student Living preference share rose $10.82 to $130.82.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 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 pertaining to the highest bid and the lowest offer for each company.