The Jamaica Stock Exchange US dollar market closed on Wednesday, with the volume of stocks traded dropping 79 percent with a 391 percent greater value than on Tuesday, resulting from an exchange of five securities, similar to Tuesday with prices of one rising, two declining and two ending unchanged.
The market closed with an exchange of 76,828 shares for US$34,980 compared to 358,439 units at US$7,128 on Tuesday.
Trading averaged 15,366 stock units at US$6,996 versus 71,688 shares at US$1,426 on Tuesday, with a month to date average of 282,888 shares at US$7,338 compared with 302,274 stock units at US$7,363 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index slipped 2.28 points to end the day at 221.53.
The PE Ratio, a most used measure for computing appropriate stock values, averages eight. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with 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, Margaritaville ended at 8.09 US cents after an exchange of just one stock and Transjamaican Highway shed 0.08 of a cent to 1.9 US cents with investors trading 58,100 units.
In the preference segment, JMMB Group US8.5% preference share rose 2 cents to end at US$1.20 with 12,443 shares crossing the market. JMMB Group 5.75% remained at US$1.85 with a transfer of 5,384 stock units and Sygnus Credit Investments US 8% sank US$1 to close at a 52 weeks’ low of US$10 with investors swapping 900 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading slips on the JSE USD Market
Main Market rise others fall
Main Market stocks gained while the Junior and JSE USD markets closed lower on the Jamaica Stock Exchange on Wednesday following moderately higher trading than on Tuesday, resulting in prices of 25 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed 1,242.59 points to 318,094.54, the All Jamaican Composite Index popped 2,605.48 points to close at 350,215.10 and the JSE Main Index rallied 1,598.32 points to conclude trading at 305,973.86. The Junior Market Index dropped 40.55 points to end at 3,555.52 and the JSE USD Market Index fell 2.28 points to settle at 221.53.
At the close of trading, 13,211,746 shares were exchanged in all three markets, just up from13,105,016 units on …day, with the value of stocks traded on the Junior and Main markets, amounting to $78.94 million, just ahead of the $75.30 million on the previous trading day and the JSE USD market closed with an exchange of 76,828 shares for US$34,980 compared to 358,439 units at US$7,128 on Tuesday.
In Main Market activity, Wigton Windfarm led trading with 1.71 million shares followed by Transjamaican Highway with 1.22 million units and GraceKennedy ended with 491,914 stock units.
In Junior Market trading, JFP Ltd led trading with 2.32 million shares followed by EduFocal with 1.92 million units and Omni Industries with 953,276 stock units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 18.9 on 2023-24 earnings and 12.9 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and 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 more detailed daily 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid 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.
Trading rises on the Trinidad Stock Exchange
Stocks gained in trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 166 percent valued 196 percent more than on Tuesday and resulting in 16 securities trading similar to Tuesday and ended with prices of five stocks rising, six declining and five ended firm.
The market ended trading of 356,474 shares for $3,417,254 compared to 133,768 stock units at $1,155,421 on Tuesday.
An average of 22,280 shares were traded at $213,578 compared to 8,361 units at $72,214 on Tuesday, with trading month to date averaging 17,508 shares at $129,887 compared with 17,183 units at $124,193 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index climbed 1.75 points to 1,064.66, the All T&T Index rallied 4.70 points to finish at 1,598.92, the SME Index remained at 78.26 and the Cross-Listed Index dipped 0.20 points to end at 69.00.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Agostini’s slipped 50 cents to close at $65 in trading 95 shares, Ansa McAl ended at $63 with 100 stock units being traded, Calypso Macro Investment Fund ended at $23.60 with an exchange of 440 shares. First Citizens Group climbed $1.50 in closing at $45 after 8,525 stock units passed through the market, GraceKennedy lost 9 cents to finish at $3.66 with traders dealing in 10,500 shares, Guardian Holdings popped 50 cents to end at $12.50, with 31,000 units changing hands. JMMB Group popped 1 cent to close at $1.05 with investors trading 18,850 stocks, Massy Holdings ended at $3.52 in an exchange of 234,921 stocks, National Enterprises skidded 9 cents and ended at $3.05 with 1,197 shares clearing the market. NCB Financial ended at $2.56 with investors swapping 15,300 units, 
Republic Financial rose 62 cents to end at $113 with 8,320 stocks crossing the market, Scotiabank advanced $3 in closing at $58 in switching ownership of 11,562 stock units. Trinidad & Tobago NGL sank 5 cents to end at a 52 weeks’ low of $5.25 after investors traded 1,002 shares, Trinidad Cement remained at $2.53 after an exchange of 1,000 stock units, Unilever Caribbean declined $1.03 to finish at $10.77 in trading 500 units and West Indian Tobacco sank 49 cents and ended at a 52 weeks’ low of $6 after an exchange of 13,162 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading drops as prices rise
Trading activity closed on the Junior Market of the Jamaica Stock Exchange Tuesday, with a 94 percent decline in the volume of stocks traded and an 89 percent drop in value from Monday with trading in 40 securities compared with 44 on Monday and ending with prices of 18 rising, 10 declining and 12 closing unchanged.
The market closed with trading of 5,843,654 shares for $6,457,897 down from 93,479,484 units at $57,326,844 on Monday.
Trading averaged 146,091 shares at $161,447 down from 2,124,534 units at $1,302,883 on Monday. Trading for the month to date averages 411,837 units at $539,472 compared with 435,250 stock units at $572,778 on the previous day and July with an average of 358,542 units at $736,760.
EduFocal led trading with 3.03 million shares for 51.8 percent of total volume followed by Omni Industries with 770,144 units for 13.2 percent of the day’s trade and Spur Tree Spices with 383,260 stock units for 6.6 percent market share.
At the close of trading, the Junior Market Index popped 33.92 points to settle at 3,596.07.
The Junior Market ended trading with an average PE Ratio of 12, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and nine with lower offers.
At the close of market activity, Blue Power gained 36 cents to end at $4.05 with investors exchanging 24 shares, Caribbean Assurance Brokers popped 10 cents to $3.60, with 51,941 stocks crossing the exchange, Consolidated Bakeries fell 19 cents to $1.85, with 484 shares changing hands. Dolla Financial climbed 11 cents to close at $2.94 in an exchange of 221,033 stock units, Express Catering increased 24 cents to finish at $4.25, with 11,034 shares crossing the market, Fontana slipped 7 cents and ended at $8.17 in an exchange of 38,384 units. Honey Bun advanced 76 cents to $7.86 with investors trading 1,221 stocks, 
Image Plus rose 13 cents to finish at $1.69 after an exchange of 96,156 stock units, Knutsford Express sank 99 cents and ended at $9.90, with 673 shares crossing the market. Limners and Bards rallied 8 cents in closing at $1.35 with an exchange of 10,040 units, Medical Disposables popped 6 cents to close at $1.82 and closed after trading in 459 stocks, Omni Industries dropped 10 cents to end at $1 after an exchange of 770,144 stock units and Spur Tree Spices shed 17 cents in closing at $1.75 with investors swapping 383,260 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on JSE Main Market
Trading volumes dropped on Tuesday, with a higher value than Monday on the Main Market of the Jamaica Stock Exchange, with the volume of stocks traded declining 11 percent and the value jumping 109 percent more than on Monday, with trading in 60 securities on both Tuesdays and Monday, with prices of 22 stocks rising, 21 declining and 17 ending unchanged.
Trading ended with an exchange of 6,902,923 shares for $68,837,980 compared with 7,762,350 units at $32,965,450 on Monday.
Trading averaged 115,049 shares at $1,147,300 compared to 129,373 units at $549,424 on Monday and trading for the month to date, averages 329,735 stock units at $2,508,676 compared with 350,148 shares at $2,638,125 on the prior day compared with July with an average of 602,415 stock units at $5,405,031.
Transjamaican Highway led trading with 2.16 million shares for 31.3 percent of the day’s volume followed by Wigton Windfarm with 1.24 million units for 18 percent of the day’s trade and Wisynco Group with 750,121 stock units for 10.9 percent market share.
The All Jamaican Composite Index dipped 1,081.95 points to close at 347,609.62, the JSE Main Index increased 58.67 points to cease trading at 304,375.54 and the JSE Financial Index sank 0.74 points to 63.60.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are computed by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, AS Bryden skidded 55 cents to end at $36.95, with 449 stocks passing through the exchange, Barita Investments rallied $1.79 to $72.89 with investors trading 7,427 units, Caribbean Cement sank 99 cents to end at $63.50 in an exchange of 14,626 shares. Eppley Caribbean Property Fund shed $7.65 in closing at $37 with investors trading 4,490 stock units, First Rock Real Estate popped 30 cents and ended at $10.60 after 175,714 shares crossed the market, General Accident sank 52 cents to finish at $6.50 with an exchange of 1,000 units. 
GraceKennedy slipped 89 cents to $74.10 after 237,405 stocks passed through the market, Guardian Holdings fell $21 and ended at $288 with traders dealing in 17,897 stock units, Jamaica Broilers climbed $1.70 to end at $35.71 in an exchange of 2,982 shares. JMMB Group rose $1.16 in closing at $21.96 with investors dealing in 16,927 units, Kingston Wharves dipped 87 cents to close at $27.10 with 996 stocks clearing the market, Lasco Manufacturing lost 33 cents to finish at $6.62 with investors swapping 80,808 stock units. Mayberry Group dropped 30 cents and ended at $7.60 in switching ownership of 17,365 shares, Mayberry Jamaican Equities gained $1 to close at $10 after an exchange of 4,282 stock units, NCB Financial advanced 89 cents to finish at $53 in trading 35,960 units. Pan Jamaica rallied $1.75 in closing at $49.75 after an exchange of 8,929 stocks, Proven Investments popped $1.16 to end at $17.46 with investors trading 7,651 units, Scotia Group rallied 90 cents to close at $45 after a transfer of 251 stocks. Sterling Investments increased 40 cents to $2.50 as investors exchanged 156,962 shares and Wisynco Group declined 43 cents to end at $20.01 with a transfer of 750,121 stock units.
In the preference segment, Sygnus Credit Investments C10.5% lost 70 cents in closing at $101.05, with 600 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Tempered cuts in overnight rate
Bank of Jamaica will cut its overnight rate to 6.75 percent effective Wednesday this week, the country’s central bank announced today.
The new rate is a reduction from 7 percent per annum that was in place form late 2021. The reduction has been telegraphed to the market, with CD rates falling to 8.84 percent last week, with inflation running under 4 percent per annum for 2024 at the bottom end of the bank’s mandated target.
Gains no losses for JSE USD Market
Trading closed with prices of four stocks rising, none declining and one ending unchanged on the Jamaica Stock Exchange US dollar market on Tuesday, after a 315 percent rise in the volume of stocks traded valued 14 percent less than on Monday and resulting in the exchange of five securities, similar to trading on Monday.
The market closed with an exchange of 358,439 shares for US$7,128 compared to 86,270 units at US$8,297 on Monday.
Trading averaged 71,688 stock units at US$1,426 compared with 17,254 shares at US$1,659 on Monday, with a month to date average of 302,274 shares at US$7,363 compared with 320,289 units at US$7,827 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index rose 4.11 points to end at 223.81.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8.1. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with 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 close of the market, Margaritaville advanced 0.19 of a cent to close at 8.09 US cents with investors trading 89 stock units, Proven Investments rose 0.54 of one cent to 10.64 US cents after 2,289 shares were traded, Sterling Investments rallied 0.04 of a cent to end at 1.55 US cents with 188,936 units crossing the market. Sygnus Credit Investments ended at 7 US cents as investors exchanged 6,000 stocks and Transjamaican Highway increased 0.07 of a cent to finish at 1.98 US cents after a transfer of 161,125 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Guardian Holdings plunges, Junior Market rallies
Guardian Holdings plunged $21 to $288 on the Jamaica Stock Exchange on Tuesday, leading to a marginal rise in the JSE Main Index. At the same time, the All Jamaican Composite Index dropped, as the Junior Market and JSE USD market closed higher as trading ended with the number and the value of stocks changing hands falling, from that of the previous trading day, resulting in prices of 35 shares rising and 31 declining.
At the close of trading, the JSE Combined Market Index climbed 296.59 points to end at 316851.94, the All Jamaican Composite Index skidded 1,081.95 points to close at 347,609.62 and the JSE Main Index climbed 58.67 points to end at 304,375.54. The Junior Market Index rose 33.92 points to 3,596.07 and the JSE USD Market Index rallied 4.11 points to end at 223.81.
At the close of trading, 13,105,016 shares were traded in all three markets, sharply down from 101,328,104 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $75.30 million, compared with $90.29 million on the previous trading day and the JSE USD market closed with an exchange of 358,439 shares for US$7,128 compared to 86,270 units at US$8,297 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.16 million shares followed by Wigton Windfarm with 1.24 million units and Wisynco Group with 750,121 stock units.
In Junior Market trading, EduFocal led trading with 3.03 million shares followed by Omni Industries with 770,144 units and Spur Tree Spices with 383,260 stock units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.2 on 2023-24 earnings and 13. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and 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 more detailed daily 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 incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid 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.
Winning stocks edged decliners in Trinidad
Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 60 percent, with a 10 percent lower value than on Monday resulting in the trading of 16 securities compared with 18 on Monday and ending with prices of six rising, four declining and six ending firm.
The market closed with trading in 133,768 shares valued $1,155,421 versus 83,394 stocks at $1,287,405 on Monday.
An average of 8,361 shares were traded at $72,214 compared with 4,633 units at $71,523 on Monday, with an average trade for the month to date of 17,183 shares at $124,193 down from 17,828 units at $127,990 on the previous day compared to an average in July of 12,380 shares at $139,960 .
The Composite Index skidded 1.39 points to finish at 1,062.91, the All T&T Index dropped 4.39 points to conclude trading at 1,594.22, the SME Index remained unchanged at 78.26 and the Cross-Listed Index rose 0.26 points to end at 69.20.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of market activity, Agostini’s remained at $65.50 after an exchange of 267 stock units, Angostura Holdings ended at $17.25 with investors swapping 322 shares, Calypso Macro Investment Fund slipped 40 cents and ended at $23.60 after a transfer of 48 units. First Citizens Group increased $1 to end at $43.50 in switching ownership of 6,967 stocks, GraceKennedy remained at $3.75 with investors dealing in 41,082 units, Guardian Holdings fell 50 cents to close at $12 with a transfer of 195 stocks. Massy Holdings popped 2 cents to $3.52, with 23,502 shares crossing the exchange, National Enterprises rose 10 cents to close at $3.14 with investors trading 73 stock units, NCB Financial ended at $2.56 with an exchange of 33,699 shares. 
Prestige Holdings skidded 51 cents to end at $10.98, with 13,455 stocks crossing the market, Republic Financial advanced 38 cents in closing at $112.38 with investors trading 2,431 stocks, Scotiabank sank $2.74 to finish at $55 in an exchange of 63 units. Trinidad & Tobago NGL ended at $5.30 with traders dealing in 5,733 shares, Trinidad Cement popped 2 cents to $2.53 and closed after an exchange of 600 stock units, Unilever Caribbean rallied 1 cent in closing at $11.80 after trading of 2,000 stocks and West Indian Tobacco remained at $6.49 with 3,331 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push down JSE Main Market
Guardian Holdings plunged $41 in trading on the Jamaica Stock Exchange Main Market on Monday, as the volume of stocks traded dived 84 percent and the value dropped 71 percent lower than on Friday, with activity in 60 securities compared with 53 on Friday, with prices of 26 stocks rising, 21 declining and 13 ending unchanged.
The market closed with 7,762,350 shares being traded for $32,965,450 compared with 48,608,865 units at $112,089,625 on Friday.
Trading averaged 129,373 shares at $549,424 compared to 917,148 units at $2,114,899 on Friday and month to date, an average of 350,148 stocks at $2,638,125 compared with 373,347 shares at $2,857,603 on the previous trading day and July with an average of 602,415 units at $5,405,031.
Wigton Windfarm led trading with 1.82 million shares for 23.4 percent of total volume followed by Radio Jamaica with 1.61 million stock units for 20.7 percent of the day’s trade and Transjamaican Highway with 1.08 million units for 14 percent of the day’s trade.
The All Jamaican Composite Index dropped 2,742.57 points to close at 348,691.57, the JSE Main Index declined 2,066.75 points to conclude trading at 304,316.87 and the JSE Financial Index skidded 0.77 points to settle at 64.34.
The Main Market ended trading with an average PE Ratio of 14.8. 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 eight stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Barita Investments dipped $2.85 to finish at $71.10 with investors trading 6,049 stocks, Caribbean Cement rose 49 cents and ended at $64.49 after a transfer of 756 units, Eppley sank $2.99 to $35.11 as investors exchanged 4,418 shares. Eppley Caribbean Property Fund rallied $3.90 to close at a 52 weeks’ high of $44.65, with 18,917 stock units clearing the market, General Accident popped 52 cents in closing at $7.02 and closed after just 5 shares were traded, GraceKennedy gained $1.59 to end at $74.99 in an exchange of 61,594 units. Guardian Holdings shed $41 to close at $309 trading 2,378 stocks, Jamaica Broilers dropped 99 cents to finish at $34.01 with a transfer of 56,094 stock units, Jamaica Producers lost $1.95 and ended at $21 after 35,101 shares passed through the market. 
Jamaica Stock Exchange climbed 57 cents to close at $10.93 in trading 7,242 units, JMMB Group slipped $1.10 to end at a 52 weeks’ low of $20.80 after an exchange of 59,568 stocks, Kingston Wharves increased 97 cents in closing at $27.97 with investors trading 3,184 stock units. Massy Holdings advanced $3.90 to $75.90 with an exchange of 8,145 shares, 138 Student Living popped 30 cents in closing at $4.30, with 360,045 stocks crossing the market, Pan Jamaica gained $2 to close at $48 with investors swapping a mere one unit. Proven Investments fell $1.55 to end at $16.30 after an exchange of 7,987 stock units, Supreme Ventures rose 80 cents to finish at $21 with investors dealing in 26,174 shares and Wisynco Group climbed 44 cents and ended at $20.44 in switching ownership of 87,489 units.
In the preference segment, Jamaica Public Service 9.5% increased $1 to $2,700 with traders dealing in 2 stocks and 138 Student Living preference share skidded $31.50 to end at $178.50, with 13 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
