Omni boosts Junior Market trading

Newly listed Omni Industries boosted trading activity on the Junior Market of the Jamaica Stock Exchange Wednesday, helping with a 142 percent push in the volume of stocks traded, having a 93 percent greater value than on Tuesday following trading in 40 securities compared with 39 on Tuesday and ending with prices of 22 rising, 14 declining and four closing unchanged.
The market closed with trading of 25,008,612 shares for $42,711,488 compared with 10,325,850 units at $22,143,401 on Tuesday.
Trading for the day averaged 625,215 shares at $1,067,787 compared with 264,765 stocks valued at $567,780 previously. Trading for the month to date averages 225,140 stock units at $455,048 compared with 169,574 stocks for $369,946 on the previous day and May with an average of 451,257 units at $953,021.
The market’s latest new listing, Omni Industries led the trading with 15.80 million shares for 63.2 percent of the volume followed by Lasco Financial with 2.64 million stock units for 10.6 percent of the day’s trade and Future Energy with 2.50 million units for 10 percent of the day’s trade.
At the close of trading, the Junior Market Index climbed sharply by 77.82 points to close trading at 3,712.88.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, AMG Packaging climbed 14 cents to close at $3.49 with 5,200 shares clearing the market, Caribbean Assurance Brokers shed 17 cents to $3.60 with investors dealing in 290,969 stocks, Consolidated Bakeries increased 11 cents in closing at $2.15, with 24,161 shares crossing the market. Derrimon Trading popped 24 cents to end at $2.08 with an exchange of 188,982 stock units, Everything Fresh gained 11 cents and ended at $1.66, with 259 shares crossing the market, Express Catering rose 35 cents to finish at $4.65 with traders dealing in 154,133 units. Honey Bun advanced 10 cents to $8.30 with 6,313 stocks crossing the exchange, Image Plus rallied 19 cents to finish at $1.88 after a transfer of 37,053 stock units, Jamaican Teas fell 15 cents and ended at $2.31 with investors swapping 9,522 shares. KLE Group increased 19 cents to close at $2.11 in an exchange of a mere 18 stock units, Lasco Financial climbed 10 cents in closing at $1.60 with investors trading 2,641,644 stocks, Omni Industries slipped 9 cents to end at $1.21, but after trading at a record high of $1.42, with an exchange of 15,800,765 units. Spur Tree Spices rose 8 cents in closing at $2.32 with investors trading 103,144 shares, Stationery and Office Supplies slipped 8 cents to $1.57 after an exchange of 233,238 units, Tropical Battery dropped 13 cents and ended at $2.16 after just 36 stocks passed through the market and tTech lost 12 cents to finish at $2.35, with a mere 6 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market bounces Main others steady

The Junior Market of the Jamaica Stock Exchange bounced back sharply at the close of trading on Wednesday as the Main and JSE USD markets slipped, with the number of stocks changing hands jumping, with a slightly higher value over the previous day, with newly listed Omni Industries accounting for close to half of the day’s volume, with the overall value of the trades rising over that on Tuesday and resulting in prices of 39 shares rising and 33 declining.
At the close of the market, the JSE Combined Market Index popped 542.32 points to 331,302.79, the All Jamaican Composite Index sank 1,772.18 points to 354,602.80, the JSE Main Index slipped 9.30 points to finish at 318,607.35. The Junior Market Index jumped 77.82 points to close trading at 3,712.88 and the JSE USD Market Index dipped by just  0.13 points to 220.01.
At the close of trading, 35,215,094 shares were exchanged in all three markets, up from 20,644,795 units on …day, with the value of stocks traded on the Junior and Main markets amounted to $116.12 million, compared to $112.91 million on the previous trading day and the JSE USD market closed with an exchange of 75,761 shares for US$14,761 compared to 89,247 units at US$3,105 on Tuesday.
In Main Market activity, Sagicor Select Financial Fund led trading with 2.13 million shares followed by Transjamaican Highway with 1.78 million units, Wigton Windfarm with 1.27 million stocks and Sygnus Credit Investments with 1.03 million shares.
In Junior Market trading, newly listed Omni Industries led trading with 15.80 million shares followed by Lasco Financial with 2.64 million units and Future Energy with 2.50 million stocks.
There were no preference shares with notable price changes.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2023-24 earnings and 13.3 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.

Trading rises on the Trinidad Exchange

Stocks ended trading on the Trinidad and Tobago Stock Exchange on Wednesday, with a sharp 300 percent jump in the volume of stocks changing hands following a 150 percent rise in value over Tuesday and resulted in 20 securities trading the same as on Tuesday and ending with prices of six rising, five declining and nine ending firm.
Trading closed with 418,912 shares with a value of $4,938,180 changing hands compared to 104,706 stocks at $1,978,307 on Tuesday.
An average of 20,946 shares were traded at $246,909 up from 5,235 units at $98,915 on Tuesday, with trading month to date averaging 8,955 shares at $112,567 compared with 7,125 units at $92,057 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index popped 0.40 points to close at 1,122.60, the All T&T Index climbed 1.30 points to wrap up trading at 1,685.36, the SME Index remained unchanged at 86.99 and the Cross-Listed Index dipped 0.08 points to lock up trading at 72.84.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s sank 25 cents to $68.25 with 1,214 stocks clearing the market, Angostura Holdings ended at $18 after exchanging 30 units, Ansa McAl shed 71 cents to close at $62.29 in trading 78 shares. Calypso Macro Investment Fund remained at $23.05 after a transfer of 30 stock units, First Citizens ended at $43.25 after an exchange of 2,564 shares, FirstCaribbean International Bank rose 4 cents to finish at $6.94, with 25,718 units crossing the market. GraceKennedy ended at $3.80 with an exchange of 413 stocks, Guardian Media remained at $1.79 after 91 stock units passed through the market, JMMB Group ended at $1.25 with a transfer of 6,961 shares. Massy Holdings fell 11 cents to end at $4.05 as investors exchanged 26,002 units, National Enterprises remained at $3.40 and closed after an exchange of 1,449 stocks, One Caribbean Media advanced 3 cents to finish at $3.68 in an exchange of 26,809 stock units. Point Lisas dipped 24 cents to $3.26 with traders dealing in just one share, Prestige Holdings ended at $13, with 1,226 units crossing the exchange, Republic Financial popped $1 in closing at $109 in switching ownership of 4,131 stocks. Scotiabank remained at $65.99 after an exchange of 2,258 stock units, Trinidad & Tobago NGL increased 35 cents and ended at $7.35 with investors swapping 1,670 shares, Trinidad Cement lost 3 cents to end at $2.57 in an exchange of 499 stocks. Unilever Caribbean climbed 10 cents in closing at $11.80 after trading 317,486 units and West Indian Tobacco gained 60 cents to end at $10 with investors transferring 282 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market jumps 90 points

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The Junior Market of the Jamaica Stock Exchange jumped 90 points in early trading to move the index over 3,725 points and recovered most of the 103 points loss in the past three days. Gains in the JSE Main market was not as pronounced with the Main Index rising 1,504 points to 320,120.64.
Since the Junior Market opening, the index has slipped to 3,713 points with a gain of 78 points at 9.42 am.
Contributing to the Junior Market‘s early gains are Fesco that recovered from yesterday’s loss, trading at $3.22 and Express Catering trading at $5 and newly listed Omni Industries hitting $1.42 for a gain of 42 percent from IPO price, with over 1.4 million shares traded.

Trading plunges on JSE Main Market

Market activity fell on the Jamaica Stock Exchange Main Market ended on Tuesday, with a 66 percent decline in the volume of stocks traded valued at 50 percent less than on Monday, with trading in 62 securities up from 59 on Monday, with prices of 19 stocks rising, 22 declining and 21 ending unchanged.
The market closed on Tuesday with 10,229,698 shares being trading at $90,771,121 down from 30,398,621 units at $182,144,563 on Monday.
Trading averaged 164,995 shares at $1,464,050 compared with 515,231 units at $3,087,196 on Monday and month to date, an average of 259,451 units at $1,427,202 compared with 276,041 units at $1,420,730 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Palace Amusement led trading with 1.72 million shares for 16.8 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 1.56 million units for 15.3 percent of the day’s trade and Sagicor Select Financial Fund with 1.47 million units for 14.4 percent of the day’s trade.
The All Jamaican Composite Index shed 975.19 points to 356,374.98, the JSE Main Index gained 526.71 points to cease trading at 318,616.65 and the JSE Financial Index sank 0.79 points to conclude trading at 67.23.
The Main Market ended trading with an average PE Ratio of 14. 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.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden increased $3.65 to end at $37.65 and closed with 9 stocks being traded, Berger Paints sank $1.49 in closing at $8.65, with just 683 units crossing the market, Caribbean Cement climbed $1.95 to $62.45 after trading 6,611 shares. GraceKennedy rose $1.49 and ended at $76.50 with investors dealing in 4,750 stock units, Jamaica Broilers rallied 99 cents to finish at $33 after an exchange of 536,323 shares, JMMB Group dropped $1.39 to close at $24.10 in trading 181,690 stocks. Kingston Properties popped 48 cents to $8.48 after exchanging 645 units, Lasco Manufacturing gained 51 cents in closing at a 52 weeks’ high of $6.46 with investors trading 277,458 stock units, MPC Caribbean Clean Energy advanced $3 to finish at $95 with an exchange of just 2 shares. NCB Financial rose $1.08 and ended at $62.98, with 230,609 stock units clearing the market, Pan Jamaica shed $3.20 to close at $46.80 after a transfer of 4,209 units, Proven Investments climbed 63 cents to end at $19.18 after 1,226 stocks passed through the market. Sagicor Group fell $2.08 in closing at $39.90 with an exchange of 182,205 shares and Seprod increased $1 to $80, with 152,622 stock units changing hands.
In the preference segment, Eppley 7.75% preference share popped 84 cents to end at $19.99, with 20 stock units crossing the exchange. 138 Student Living preference share dropped $28.18 and ended at $159.70 with investors swapping 46 units and Sygnus Credit Investments C10.5% lost $2.69 to finish at $112.31, with 133 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Omni Industries lists on Junior Market

The number of listed Junior Market stocks rose by one at the start of trading on the Jamaica Stock Exchange on Tuesday, with Omni Industries, the latest Initial Public Offer to het the market being listed and commenced trading, ending with 3.9 million changing hands with the price rising 30 percent on the first day of trading.
Trading resulted in a 121 percent rise in the volume of stocks changing hands, with 120 percent greater value than Monday, following trading in 39 securities, similar to Monday and ending with prices of 11 rising, 22 declining and six closing unchanged. Investors traded 10,325,850 shares for $22,143,401 up from 4,681,030 units at $10,064,255 on Monday.
Trading averaged 264,765 shares at $567,780 compared with 120,026 units at $258,058 on Monday with the month to date, averaging 169,574 units at $369,946 compared with 154,665 stock units at $338,960 on the previous day and May with an average of 451,257 units at $953,021.
Omni Industries led trading with 3.90 million shares for 37.8 percent of total volume followed by Future Energy with 1.33 million stocks for 12.8 percent of the day’s trade, Dolla Financial ended with 1.15 million units for 11.2 percent market share and Fosrich with 1.04 million units for 10 percent of total volume.
At the close of trading, the Junior Market Index dropped 44.47 points to end trading at 3,635.06.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Cargo Handlers advanced $1.35 to finish at $13.26 with investors swapping 134 shares, Caribbean Cream popped 25 cents and ended at $4, with 3,123 stocks crossing the exchange, Derrimon Trading sank 16 cents to $1.84 with investors transferring 202,435 units. Everything Fresh lost 14 cents to end at $1.55 after an exchange of 4,560 stock units, Express Catering rallied 9 cents in closing at $4.30 after the trading of 147,601 shares, Fontana increased 89 cents to close at $9 after exchanging 328,629 stocks. Future Energy slipped 13 cents to $3.24, with 1,325,841 units crossing the market, Honey Bun climbed 39 cents to finish at $8.20 with an exchange of 10,827 stock units, Image Plus fell 21 cents to $1.69 following trading of 52,063 shares. Jetcon Corporation skidded 21 cents to end at a 52 weeks’ low of 66 cents in an exchange of 26,451 stocks, JFP Ltd dropped 7 cents in closing at $1.13 after 14,211 units passed through the market, KLE Group shed 34 cents to close at $1.92 after a transfer of 1,000 stock units. Knutsford Express declined by 65 cents to $10.65 with investors dealing in 1,234 shares, Lasco Financial dipped 14 cents and ended at $1.50 in switching ownership of 2,606 stock units, Limners and Bards fell 19 cents in closing at $1.51 with investors trading 1,089 stocks. Main Event dropped 49 cents to finish at $12.50 with 2,772 units clearing the market, Omni Industries rose 30 cents to close at a record high of $1.30 with traders dealing in 3,903,111 shares, Paramount Trading sank 12 cents to end at $1.13 in an exchange of 7,762 units and tTech gained 29 cents to end at $2.47 with an exchange of 10,258 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dipped on JSE as Omni lists

Shares of the Jamaica Stock Exchange, the latest initial public offer of stocks were listed on the Junior Market on Tuesday and jumped 30 percent in closing at $1.30, with investors trading 3.9 million shares declined in trading on Tuesday as the Junior Market declined. The Main market eked out a modest rise but the JSE USD market closed lower as trading ended with the number and the value of stocks changing hands falling, resulting in prices of 39 shares declining and 28 rising.
At the close of trading, the JSE Combined Market Index rose 189.22 points to close at 330,760.47, the All Jamaican Composite Index skidded 975.19 points to wrap up trading at 356,374.98, the JSE Main Index popped 526.71 points to end the day at 318,616.65. The Junior Market Index dropped 44.47 points to 3,635.06, with FESCO dropping in the morning session to a 52 weeks’ low of $2.50, with an average price of $2.90 and would have had a major pull on the index. The JSE USD Market Index fell 2.98 points to lock up trading at 220.14.
At the close of trading, 20,644,795 shares were exchanged in all three markets, down from 35,226,914 units on Monday, with the value of stocks traded on the Junior and Main markets amounting to $112.91 million, well below the $192.21, million on the previous trading day and the JSE USD market closed with an exchange of 89,247 shares for US$3,105 compared to 147,490 units at US$59,542 on Monday.
In Main Market activity, Palace Amusement led trading with 1.72 million shares followed by Sagicor Select Manufacturing & Distribution Fund with 1.56 million units and Sagicor Select Financial Fund with 1.47 million stocks.
In Junior Market trading, Omni Industries led trading with 3.90 million shares followed by Future Energy with 1.33 million units, then Dolla Financial with 1.15 million shares and Fosrich with 1.04 million units.
In the preference segment, 138 Student Living preference share dipped $28.18 and ended at $159.70 with investors swapping 46 units and Sygnus Credit Investments C10.5% lost $2.69 to finish at $112.31
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.1 on 2023-24 earnings and 13.2 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.

Gains for Trinidad & Tobago Stock Exchange

Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Tuesday, pushing the market indices higher at the close with the volume of stocks traded declining 24 percent valued 54 percent more than on Monday and resulting in 20 securities trading, up from 18 on Monday and ending with prices of eight stocks rising, seven declining and five ended firm including Republic Financial advanced $2 and First Citizens Group that popped 99 cents higher and partially offset by a 95 cents fall in Calypso Macro Investment Fund.
The market closed with an exchange of 104,706 shares for $1,978,307 versus 137,683 stocks at $1,287,956 on Monday.
An average of 5,235 shares were traded at $98,915 compared with 7,649 units at $71,553 on Monday, with trading month to date averaging 7,125 shares at $92,057 compared with 7,465 units at $90,821 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index climbed 5.47 points to finish at 1,122.20, the All T&T Index popped 7.01 points to close at 1,684.06, the SME Index remained unchanged at 86.99 and the Cross-Listed Index increased 0.53 points to lock up trading at 72.92.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s slipped 25 cents in closing at $68.50 after exchanging 144 shares, Ansa McAl remained at $63 with a transfer of 635 stocks, Ansa Merchant Bank climbed 25 cents and ended at $41.75 after an exchange of a mere 5 stocks. Calypso Macro Investment Fund fell 95 cents to close at $23.05 after a transfer of 610 stock units, First Citizens Group popped 99 cents to $43.25, with 5,473 shares changing hands, FirstCaribbean International Bank shed 3 cents to finish at $6.90 with traders dealing in 4,510 stocks. GraceKennedy ended at $3.80 in an exchange of 457 units, Guardian Holdings gained 1 cent to end at $15.61 after 2,480 stock units passed through the market, Guardian Media dipped 1 cent in closing at $1.79 after an exchange of 37 shares. JMMB Group lost 3 cents and ended at $1.25 with investors trading 4,745 stock units, Massy Holdings closed at $4.16 with 1,485 stocks clearing the market, National Enterprises rose 10 cents to $3.40 with an exchange of 11,843 units. NCB Financial remained at $2.78 after closing with 47,944 stocks changing hands, One Caribbean Media skidded 3 cents to $3.65 in trading 481 units, Prestige Holdings ended at $13, with 714 shares crossing the market. Republic Financial advanced $2 to close at $108 with investors transferring 10,324 stock units, Scotiabank rallied 99 cents to finish at $65.99 after 3,331 shares crossed the market, Trinidad & Tobago NGL increased 1 cent to end at $7 with investors swapping 5,435 units. Unilever Caribbean sank 2 cents in closing at $11.70 with 3,500 stocks crossing the exchange and West Indian Tobacco climbed 40 cents to $9.40 in switching ownership of 553 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Omni Industries list and jumps 30%

Omni Industries Limited, the latest listing on the Junior Market of the Jamaica Stock Exchange following an offer of 500 million ordinary shares to the public in May at $1 each, traded 3,138,093 shares up $1.30 for a rise of 30 percent on the public offer that was oversubscribed.
The stock opened trading at $1.25, triggering the market circuit breaker before trading up to $1.30 up to 11.44 AM. The stock has several bids and offers with the highest bid of 995,429 shares at $1.30 with one offer at $1.35 then at $1.40.
As a result of the oversubscription, 20 million shares allocated for Employees were allotted 97.8 percent of the amount applied for. Key Partners’ pool of 234 million shares was allocated 87.2 percent of the applications.  Lead Broker Reserve Pool received all of the 125,068,617 shares that were allotted. The general public was allotted the first 10,000 ordinary shares applied for and 25.5 percent of the balance.

Trading dives on JSE USD Market

Stocks closed lower on the Jamaica Stock Exchange US dollar market on Tuesday, with a 39 percent fall in the volume of stocks exchanged after a 95 percent drop in value from Monday’s level, resulting in trading in three securities, compared to nine on Monday with prices of all three declining.
The market closed with an exchange of 89,247 shares for US$3,105 compared to 147,490 units at US$59,542 on Monday.
Trading averaged 29,749 units at US$1,035 versus 16,388 shares at US$6,616 on Monday, with a month to date average of 45,143 shares at US$2,837 compared with 46,086 units at US$2,947 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index dipped 2.99 points to cease trading at 220.10.
The PE Ratio, a measure used in computing appropriate stock values, averages nine. 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 one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Margaritaville slipped 0.88 of one cent to close at 8 US cents as investors traded 23,880 stocks, Sterling Investments lost 0.07 of a cent in closing at 1.47 US cents after 27,852 units passed through the market and Transjamaican Highway declined 0.1 of a cent to close at 2.02 US cents with a transfer of 37,515 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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