The Jamaica Stock Exchange US dollar market closed higher on Thursday, following a 70 percent jump in the volume of stocks traded, having a 59 percent lower value than on Wednesday, resulting from an exchange of 10 securities, compared with nine on Wednesday with prices of four rising, two declining and four ending unchanged.
The market closed with an exchange of 129,045 shares for US$17,826 compared to 75,771 stocks at US$43,620 on Wednesday.
Trading averaged 12,905 shares at US$1,783, increasing from 8,419 stocks at US$4,847 on Wednesday, with a month to date average of 25,095 units at US$2,277 below the 27,127 stocks at US$2,359 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index rallied 1.13 points to close trading at 204.98. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.3. 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.
At the close of the market, MPC Caribbean Clean Energy gained 3.9 cents and ended at 42.9 US cents after traders exchanged 11 shares, Proven Investments rose 0.59 of a cent to 10.99 US cents with investors trading 13,754 units, Sygnus Credit Investments climbed 0.48 of one cent to end at 7.58 US cents with 17,359 shares swapping owners and Transjamaican Highway remained at 2.34 US cents with investors trading 89,614 stock units.
In the preference segment, JMMB Group 7.5% ended at US$2.02 after an exchange of 87 stock units, JMMB Group US8.5% dropped 9.98 cents to close at US$1.00 with 7,700 shares passing through the market. Productive Business Solutions 9.25% remained at US$10 with an exchange of 157 units, Sygnus Credit Investments 8% ended at US$9 with 25 stock units crossing the market, Sygnus Credit Investments 8% sank 10 cents and ended at US$9.60 with investors dealing in 300 stocks and Sygnus Credit Investments E8.5% increased 34 cents after closing at US$9.90 with 38 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 229,239 shares for $1,282,479 compared to 223,100 stock units at $1,731,434 on Monday.
At the close of market activity, Agostini’s ended at $65 in an exchange of 363 shares, Angostura Holdings ended at $14.79 after 11 stock units passed through the market, Ansa McAl sank $3.85 to close at $40.15 with traders dealing in 859 shares. CIBC Caribbean Bank gained 10 cents to finish at a 52 week high of $9 after an exchange of 25,570 units, First Citizens Group dipped 25 cents and ended at $43.75 with investors swapping 430 stocks, GraceKennedy popped 13 cents to end at $3.85 with an exchange of 20 units. Guardian Holdings remained at $16.75, with 2,243 shares crossing the market, Guardian Media ended at $1, with investors trading 20 stock units, JMMB Group remained at $1.07, with 3,144 stocks crossing the exchange. L.J. Williams B share increased 10 cents to finish at $1.25 with investors trading 1,000 shares, Massy Holdings sank 2 cents and ended at $3.93 in switching ownership of 5,966 stocks, National Enterprises popped 1 cent to end at $2.45 as investors exchanged 29,498 units. 
National Flour Mills dipped 1 cent in closing at $1.64 after investors ended trading 5,000 stock units, One Caribbean Media rose 37 cents to $3 and closed with 8,000 shares being traded, Prestige Holdings rallied $1.64 to close at 52 week high of $12.59 in an exchange of 667 units. Republic Financial advanced 24 cents to end at $112.74 after trading of 742 stocks, Scotiabank rose 4 cents to finish at $52.50 with a transfer of 3,359 stock units, Trinidad & Tobago NGL shed 27 cents and ended at $3.75 with investors dealing in 136,347 shares and West Indian Tobacco ended at $4.95 with 6,000 stocks clearing the market.
MPC Caribbean Clean Energy rallied 1.71 cents in closing at 55 US cents with investors trading 350 shares. Proven Investments remained at 11.91 US cents in an exchange of 70 units, Sterling Investments ended at 1.97 US cents with 5,380 stock units crossing the market, Sygnus Credit Investments closed with an exchange of 16,151 shares, with the price remaining at 7 US cents. Sygnus Real Estate Finance USD share ended at 7 US cents with investors exchanging 1,000 stock units and Transjamaican Highway dropped 0.19 of a cent to 2.3 US cents with trading of 1,207,611 units.
At the close of the market, the JSE Combined Market Index lost 1,668.72 points to close trading at 328,776.63, the All Jamaican Composite Index rallied 19.55 points to 367,407.81, the JSE Main Index fell 1,636.91 points to 318,273.51, the Junior Market Index slipped 14.50 points to 3,412.58 and the JSE USD Market Index increased 1.94 points to 246.67.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.8 based on 2024-25 earnings and 16 based on 2024 earnings.
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.
AMG Packaging declined 14 percent, Elite Diagnostic dived 13 percent, Dolla Financial dropped 12 percent and Express Catering slipped 5 percent. Following the solid increase of 176 percent in the first quarter profit, Caribbean Flavours jumped sharply by 29 percent, followed by Kintyre Holdings, up 6 percent and Iron Rock Insurance with a gain of 5 percent.
The Junior Market had two new listings in the ICTOP10, following the falling out of Caribbean Flavours and Iron Rock Insurance. In the All JSE ICTOP10 listings, Express Catering and Scotia Group were replaced by Caribbean Assurance Brokers and MFS Partners.
ICInsider.com ranks stocks are based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
The market closed with trading of 5,814,492 shares for $14,058,219, well below the 10,948,839 units at $47,033,318 on Friday.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
ISP Finance sank $2 and ended at a 52 weeks’ low of $13 after trading 611 stock units. Jamaican Teas slipped 11 cents to close at $2.35 with 1,393,319 shares crossing the exchange, JFP Ltd climbed 7 cents in closing at 68 cents with investors dealing in 204 stocks, Knutsford Express increased 65 cents to end at $14.05 with a transfer of 1,162 units. Lasco Financial lost 6 cents in closing at $1.64 with investors swapping 9,112 stock units, Limners and Bards dipped 9 cents to $1.09 and closed with an exchange of 14,640 shares, Mailpac Group skidded 5 cents to end at $2.31 in trading 159,740 stocks. MFS Capital Partners sank 6 cents and ended at 36 cents with 102,336 units clearing the market, after the price dropped to an intraday 52 weeks’ low of 34 cents, Regency Petroleum shed 5 cents to finish at $3.50 after a transfer of 13,747 stock units and Stationery and Office Supplies rallied 5 cents to close at $1.46 with 216,440 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 159,135 shares for $1,072,478 up from 44,488 stock units at $1,014,698 on Thursday. At the close, an average of 6,121 shares were traded at $41,249 compared with 2,341 units at $53,405 on Thursday, with trading month to date averaging 22,558 shares at $115,864 down from 34,430 stock units at $169,771 on the previous day compared to an average for February of 22,005 shares at $200,032.
Ansa Merchant Bank popped $1.19 and ended at $41.25 in an exchange of 28 units, Calypso Macro Investment Fund gained $1 to finish at a 52 weeks’ high of $25 after 50 shares passed through the market, CIBC Caribbean Bank remained at $8 with a transfer of 2,650 stock units. Eric Solis Marketing dipped 20 cents to $4 as investors exchanged 300 stocks, First Citizens Group popped 1 cent and ended at $41.01 in switching ownership of 4,379 units, GraceKennedy remained at $3.69 with investors trading 3,690 stocks. Guardian Holdings ended at $14.90 with 580 units clearing the market, Guardian Media remained at $1.12 with investors trading 1,100 shares, JMMB Group increased 1 cent to end at $1.08 after a transfer of 6,442 stock units. L.J. Williams B share ended at 81 cents with 3,500 shares crossing the exchange, Massy Holdings lost 4 cents to end at $3.91 with investors dealing in 55,048 stocks, National Enterprises declined 1 cent to close at $2.68 after an exchange of 3,050 units. National Flour Mills shed 5 cents to end at $1.65 after the trading of 2,852 stock units, NCB Financial rallied 1 cent to finish at $2.40 in an exchange of 47,183 shares, One Caribbean Media dipped 1 cent to $2.84 with traders dealing in 1,925 stocks.
Point Lisas rose 1 cent to $3.21 with 1,200 units changing hands, Prestige Holdings ended at $11.15 after an exchange of 20 stock units, Republic Financial remained at $113.50 with 2,147 shares crossing the market, Scotiabank fell 1 cent to finish at $54.15 with an exchange of 2,942 stock units, Trinidad & Tobago NGL rallied 5 cents and ended at a 52 weeks’ low of $4.30 with 6,905 units crossing the market, Trinidad Cement increased 1 cent to close at $2.50 with investors dealing in 9,450 stocks. Unilever Caribbean ended trading at $11.19 and closed with an exchange of 132 units and West Indian Tobacco slipped 2 cents and ended at $5.50 with 3,299 changing hands.
The market closed with 13,204,953 shares trading for $94,301,130 up from 6,309,844 stock units at $37,898,847 on Monday.
The Main Market ended trading with an average PE Ratio of 15.5. 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.
Pan Jamaica increased $6.24 to close at $56.79 after 43,380 shares passed through the market, Proven Investments skidded $1.23 to finish at $17.50 with investors swapping 431,095 stock units. Sagicor Group climbed $3.51 to $41.50 and closed with 99,566 shares changing hands, Scotia Group shed 60 cents and ended at $57.40 in trading 79,455 stock units, Seprod advanced $1.94 to close at $87 after a transfer of 39,910 units. Supreme Ventures declined $1.67 in closing at $19.30 with investors trading 53,948 stocks, Sygnus Credit Investments slipped 36 cents to end at $13 in an exchange of 7,328 units and Sygnus Real Estate Finance rose $1.02 to finish at $9.70 with traders dealing in 34,953 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.