Winner and losing stocks shared the spotlight on the Jamaica Stock Exchange Main Market ended on Friday, with 20 stocks each following trading in 56securities compared with 58 on Thursday. Trading resulted in prices of 16 stocks ending unchanged after a 74 percent jump in the volume of stocks traded and a 23 percent rise in the value compared to Thursday.
The market closed with 10,938,538 shares trading for $31,392,756, up from 6,279,937 units at $25,513,093 on Thursday.
Trading averaged 195,331 shares at $560,585 compared to 108,275 units at $439,881 on Thursday and month to date, an average of 382,589 units at $4,052,684 down from 427,212 units at $4,884,843 on the previous day and July with an average of 602,415 units at $5,405,031.
Pulse Investments led trading with 5.95 million shares for 54.4 percent of total volume followed by Wigton Windfarm with 1.37 million stocks for 12.5 percent of the day’s trade and Transjamaican Highway with 1.02 million units for 9.3 percent of the day’s trade.
The All Jamaican Composite Index rallied 206.89 points to end at 350,796.43, the JSE Main Index popped 1,268.92 points to conclude trading at 309,959.00 and the JSE Financial Index slipped 0.02 points to finish at 64.87.
The Main Market ended trading with an average PE Ratio of 13.9. 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 six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, AS Bryden rose $6.87 to end at $38.98 with 69 shares crossing the market, Caribbean Cement advanced 50 cents in closing at $64.50 in an exchange of 437 stocks, Eppley Caribbean Property Fund fell 31 cents to $35.70 with 12,571 shares changing hands. General Accident popped 94 cents and ended at $7.29 with 8,651 stock units passing through the market, GraceKennedy slipped 35 cents to finish at $73.10 with an exchange of 18,810 shares, Guardian Holdings shed $8 to close at $340 with 68 stock units crossing the market. Jamaica Broilers rallied 35 cents to $33.50 after an exchange of 9,032 units, Jamaica Stock Exchange increased 92 cents to close at $10.98 with investors swapping 18,407 stocks, JMMB Group dropped 75 cents to end at $22.25 in switching ownership of 54,389 units. Massy Holdings climbed 90 cents in closing at $78.90 after a transfer of 972 stocks, Mayberry Jamaican Equities gained 51 cents to finish at $9.51 and closed with an exchange of 400 shares, Portland JSX rose 65 cents and ended at $10.80 with 4,316 stock units clearing the market. Sagicor Real Estate Fund sank $1.31 to $8.15 after an exchange of 40,711 shares, Scotia Group climbed $2.15 to close at $45.15 with a transfer of 48,666 stocks, Seprod slipped 93 cents to finish at $82.25 as investors exchanged 3,377 units and Wisynco Group lost 40 cents and ended at $20 in trading 72,139 stock units.
In the preference segment, Jamaica Public Service 9.5% skidded $1 in closing at $2,699, with 5 shares crossing the exchange, 138 Student Living preference shares jumped $21.34 to end at $199.84 with investors trading 14 stocks and Sygnus Credit Investments C10.5% popped $2.90 in closing at $107.90 in an exchange of 1,153 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big gains for Guardian and Republic
Guardian Holdings climbed $1.23 and Republic Financial rallied $1.03 to help push the Trinidad and Tobago Stock Exchange higher at the close on Friday, even as the volume of stocks traded declined by 91 percent and valued 84 percent lower than on Thursday following trading in 16 securities compared with 18 on Thursday and ending with prices of five rising, four declining and seven ended firm.
The market closed with trading of 103,671 shares for $802,991 down sharply from 1, 177,279 stock units at $4,966,294 on Thursday.
Trading averaged 6,479 shares at $50,187 down from 65,404 stocks at $275,905 on Thursday, with trading month to date averaging 18,718 shares at $93,059 compared with 20,846 units at $100,516 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index climbed 5.65 points to wrap up trading at 1,099.66, the All T&T Index climbed 10.93 points to culminate at 1,644.54, the SME Index remained unchanged at 78.26 and the Cross-Listed Index remained unchanged at 72.31.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Agostini’s ended at $68.95 after an exchange of 425 stock units, Angostura Holdings remained at $18.06, with 554 shares changing hands, First Citizens Group ended at $43 after 2,448 stocks passed through the market. FirstCaribbean International Bank popped 4 cents to close at $6.86 in an exchange of 38,614 units, GraceKennedy lost 5 cents to end at $3.75 with traders dealing in 26 shares, Guardian Holdings increased $1.23 and ended at $15.23 in an exchange of 393 units. JMMB Group rose 5 cents to $1.10 with investors trading just one stock, Massy Holdings remained at $3.60 with 35,567 stock units clearing the market, National Enterprises slipped 3 cents and ended at $3.15 with investors trading 15,753 shares. National Flour Mills remained at $2 after an exchange of 215 stocks, Prestige Holdings ended at $10.98 with investors trading 2,424 units, Republic Financial rallied $1.03 to close at $114.98, with 787 stocks crossing the exchange. Scotiabank fell 38 cents to end at $59.60 with investors swapping 710 shares, Trinidad & Tobago NGL slipped 15 cents to close at a 52 weeks’ low of $6.25, with 400 stocks crossing the market, Unilever Caribbean rose 14 cents to end at $10.75 in trading 3,324 units and West Indian Tobacco remained at $7.50 and closed after an exchange of 2,030 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on the Trinidad Exchange
Stocks ended with losers edging out winners, with a big surge in trading over Wednesday on the Trinidad and Tobago Stock Exchange on Thursday, with 1,279 percent jump in traded volume with a 606 percent jump in value, resulting from trading in 18 securities compared with 20 on Wednesday and ending with prices of four rising, six declining and eight ending firm.
The market closed with trading of 1,177,279 shares for $4,966,294 up from 85,398 stock units at $703,528 on Wednesday.
An average of 65,404 shares were traded at $275,905 compared with 4,270 units at $35,176 on Wednesday, with trading month to date averaging 20,846 shares at $100,516 compared with 10,008 units at $57,881 on the previous day and an average for July of 12,380 shares at $139,960.
The Composite Index dipped 1.11 points to finish at 1,094.01, the All T&T Index shed 0.48 points to wrap up trading at 1,633.61, the SME Index remained at 78.26 and the Cross-Listed Index skidded 0.25 points to 72.31.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close of the market, Agostini’s popped 17 cents to close at $68.95 after 1,215 stocks crossed the market, Angostura Holdings remained at $18.06 in trading 162 units, Ansa McAl ended at $63, with 10,550 shares changing hands. Ansa Merchant Bank remained at $41.50 and closed after trading of 100 stock units, First Citizens Group ended trading of 343 shares at $43, FirstCaribbean International Bank dipped 3 cents to end at $6.82 after an exchange of 300 stocks. JMMB Group lost 5 cents in closing at a 52 weeks’ low of $1.05 with 96,197 units clearing the market, Massy Holdings climbed 10 cents to $3.60 with investors dealing in 1,011,364 stock units, National Enterprises ended at $3.18 in switching ownership of 16,600 shares. National Flour Mills skidded 4 cents and ended at $2 with investors swapping 3,704 stocks, One Caribbean Media remained at $3.66 after 2,773 units crossed the exchange, Point Lisas ended at $3.15 with investors trading 150 stock units.
Prestige Holdings fell 27 cents to $10.98 after 3,660 shares passed through the market, Republic Financial slipped 5 cents to finish at $113.95 with an exchange of 59 stock units, Scotiabank remained at $59.98 in an exchange of 847 units. Trinidad & Tobago NGL sank 35 cents to end at $6.40 with investors trading 1,084 stocks, Unilever Caribbean rose 1 cent in closing at $10.61 after an exchange of 26,832 units and West Indian Tobacco rallied 35 cents to close at $7.50 with a transfer of 1,339 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winning JSE USD stocks whip losers
Trading dropped on the Jamaica Stock Exchange US dollar market on Thursday, with an 89 percent fall in the volume of stocks exchanged with a 55 percent lower value than on Wednesday, resulting in activity in seven securities, compared to five on Wednesday with prices of four rising, one declining and two ending unchanged.
The market closed with an exchange of 43,698 shares for US$3,627 compared to 411,077 units at US$8,093 on Wednesday.
Trading averaged 6,243 stock units at US$518 down from 82,215 shares at US$1,619 on Wednesday, with a month to date average of 36,024 shares at US$2,283 compared with 46,448 units at US$2,901 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index gained 1.72 points to end the day at 224.82.
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 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 sank 0.85 of one cent in closing at 4 US cents with investors trading 606 stocks, Margaritaville popped 0.3 of a cent to 8.4 US cents with 750 units changing hands, Proven Investments climbed 0.9 of one cent and ended at 11.9 US cents with an exchange of 23,075 shares. Sterling Investment rose 0.02 of a cent to close at 1.75 US cents with 4,000 stock passing through the market, Sygnus Credit Investments advanced 0.5 of one cent to end at 7 US cents in an exchange of 2,284 shares and Transjamaican Highway ended at 2.08 US cents with investors trading 12,935 stocks.
In the preference segment, Sygnus Credit Investments E8.5% remained at US$10.34 in exchanging 48 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.