Rising stocks outpaced those declining on the Jamaica Stock Exchange Main Market ended on Friday, with trading in 63 stocks up from 60 securities on Thursday, with prices of 28 stocks rising, 14 declining and 18 ending unchanged even as the volume of stocks traded fell percent with the value 54 percent more than on Thursday, as the market added notable points in the last minute of trading to close out August.
The market closed with 10,194,467 shares being trading for $72,333,313 compared with 13,202,248 units at $46,987,343 on Thursday.
Trading averaged 169,908 shares at $1,205,555 compared with 209,559 stocks at $745,831 on Thursday and month to date, with an average of 290,511 stock units at $2,258,494 compared with 297,066 shares at $2,315,719 on the previous day and July that closed with an average of 602,415 stocks at $5,405,031.
Wigton Windfarm led trading with 3.07 million shares for 30.1 percent of total volume followed by Sagicor Select Financial Fund with 1.65 million stocks for 16.2 percent of the day’s trade and Transjamaican Highway 8% with 1.52 million units for 14.9 percent of stocks traded.
The All Jamaican Composite Index jumped 2,859.34 points to 355,299.75, the JSE Main Index climbed 2,988.35 points to 312,499.25 and the JSE Financial Index remained at 64.95.
The Main Market ended trading with an average PE Ratio of 14.3. 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.
Investor’s Choice bid-offer indicator shows 23 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments rallied 55 cents to close at $74, with 16,214 stock units crossing the market, Berger Paints slipped 48 cents to $6.36 with a transfer of 300 shares, Caribbean Cement climbed 50 cents to finish at $64.99 after trading of 5,368 stocks. Eppley sank $2.79 and ended at $35 with 788 units clearing the market, Guardian Holdings rose $20 in closing at $320 after the trading of 530 stocks, Jamaica Broilers rallied $1.71 to end at $34.50 after an exchange of 93,731 units. Key Insurance popped 44 cents to $2.79 with investors swapping 2,000 shares, Kingston Wharves advanced 90 cents to close at $28.90 in an exchange of 7,828 stock units, Lasco Distributors regained 50 cents to nearly erase the 54 cents lost on Thursday, with the price ending at $4.65 with investors trading 8,201 shares. Margaritaville rose $2.37 in closing at $14.37 with an exchange of just one unit, Massy Holdings dropped $1.75 and ended at $77 as 30 stocks passed through the market, Pan Jamaica gained $1.84 to finish at $50.74 in an exchange of 270,001 stock units. Proven Investments lost 45 cents to $16.10, with 4,833 shares changing hands, Sagicor Real Estate Fund popped 60 cents in closing at $8.10 with investors trading 289,897 stocks, Seprod climbed $3 to $86 in switching ownership of 13,313 units. Supreme Ventures dipped $1.10 and ended at $20.01, with 15,015 stocks crossing the exchange and Wisynco Group increased 50 cents to finish at $21.50 with traders dealing in 188,900 shares, following the report of full year earnings of $5.2 billion for earnings per share of $1.38, to be marginally up on earnings of $1.31 in 2023.
In the preference segment, 138 Student Living preference share rallied $20.01 to end at $210 after trading 633 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks mostly rise on the JSE USD Market
The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded, jumping 246 percent with an 80 percent greater value than on Thursday, resulting in an exchange of six securities, compared to seven on Thursday with prices of four rising and two ending unchanged.
The market closed with an exchange of 868,169 shares for US$18,549 compared to 250,561 units at US$10,284 on Thursday.
Trading ended with an average of 144,695 shares at US$3,091 compared with 35,794 stock units at US$1,469 on Thursday, with a month to date average of 297,880 units at US$8,245 compared with 306,160 shares at US$8,524 on the previous day and July that ended with an average of 30,304 stocks for US$2,118.
The US Denominated Equities Index gained 3.75 points to close at 231.89.
The PE Ratio, the well used measure to determine appropriate stock values, averages 8. 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.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents with traders dealing in 1,000 stock units, Margaritaville popped 1.6 cents to 8.4 US cents with an exchange of 453 shares, while Proven Investments ended at 9.8 US cents with 383 stock units crossing the market. Sterling Investments rose 0.14 of a cent in closing at 1.64 US cents after an exchange of 1,500 units and Transjamaican Highway rallied 0.12 of a cent to close at 2.11 US cents with a transfer of 864,783 shares.
In the preference segment, Sygnus Credit Investments E8.5% increased 15 cents to end at US$10.30 with an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading dropped back from Wednesday’s heavy trading that was fuelled by a big volume of Transjamaican Highway shares, with trading on Thursday on the Jamaica Stock Exchange US dollar market closed, with the volume of stocks declining 98 percent with a 96 percent lower value than on Wednesday, resulting in an exchange of seven securities, compared to four on Wednesday with prices of two rising, two declining and three ending unchanged.
The market closed with an exchange of 250,561 shares for US$10,284 compared to 12,237,755 units at US$232,672 on Wednesday.
Trading averaged 35,794 shares at US$1,469 down from 3,059,439 shares at US$58,168 on Wednesday, with a month to date average of 306,160 shares at US$8,524 compared to 324,358 units at US$8,998 on the previous day and July that ended with an average of 30,304 stocks for US$2,118.
The US Denominated Equities Index rose 1.45 points to wrap up trading at 228.13.
The PE Ratio, the well used measure to determine appropriate stock values, averages 7.7. 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.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share slipped 0.25 of a cent to finish at 4 US cents in switching ownership of 6,820 units, Proven Investments ended at 9.8 US cents after 968 stocks passed through the market, Sterling Investments sank 0.08 of a cent to close at 1.5 US cents with investors trading 800 shares. Sygnus Credit Investments popped 0.24 of a cent and ended at 7.34 US cents after a transfer of 1,500 stock units and Transjamaican Highway increased 0.09 of a cent in closing at 1.99 US cents in trading 237,465 shares.
In the preference segment, JMMB Group 5.75% remained at US$1.70, with 3,001 units crossing the exchange and Sygnus Credit Investments E8.5% ended at US$10.15 with a transfer of 7 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Trinidad Exchange
Trading dropped on the Trinidad and Tobago Stock Exchange on Thursday, with a 45 percent fall in the volume of stocks traded having a 62 percent lower value than on Wednesday and resulting in trading in 18 securities compared with 17 on Wednesday and ending with prices of four rising, eight declining and six ended firm.
The market closed with an exchange of 467,563 shares for $2,243,608 compared to 850,075 stock units at $5,833,959 on Wednesday.
An average of 25,976 shares were traded at $124,645 down from 50,004 units at $343,174 on Wednesday, with trading month to date averaging 20,053 shares at $136,761 compared with 19,742 units at $137,397 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index lost 5.36 points to 1,058.79, the All T&T Index lost 9.10 points to close trading at 1,591.17, the SME Index remained at 78.26 and the Cross-Listed Index sank 0.19 points to conclude trading at 68.46.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini’s dipped 50 cents in closing at $65.50 with 69 shares clearing the market, Angostura Holdings sank 25 cents to $17.75 with an exchange of 100 shares, Calypso Macro Investment Fund dipped 22 cents to end at $24 and closed after an exchange of 22 stocks. First Citizens Group rose 80 cents to $44.80 with investors dealing in 3,141 stocks, FirstCaribbean International Bank lost 4 cents to finish at $6.90 after an exchange of 1,460 stocks, Guardian Holdings jumped $1.49 to close at $13.99 with investors swapping 5,183 units. JMMB Group declined 10 cents to $1 with a transfer of 19,000 shares, Massy Holdings ended at $3.50 as investors exchanged 333,223 stock units, National Enterprises remained at $3.07 in trading 4 shares. National Flour Mills ended at $1.80 after an exchange of 4,928 stock units,
NCB Financial remained at $2.56 with investors trading 19,417 units, Prestige Holdings shed 5 cents to finish at $10.25 after 95 stocks passed through the market. Republic Financial ended at $112, with 1,245 shares crossing the exchange, Scotiabank sank 50 cents in closing at $55 after a transfer of 3,214 stock units, Trinidad & Tobago NGL skidded 5 cents to finish at 52 weeks’ low of $4.95 in switching ownership of 11,525 units. Trinidad Cement ended at $2.53, with 4,201 stocks crossing the market, Unilever Caribbean popped 98 cents to end at $11.76 after 117 units were traded and West Indian Tobacco gained 6 cents to close at $6.50 with 60,619 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.