Trading ended on Monday, with the volume of stocks traded rising 572 percent and the value 38 percent lower than on Friday on the Jamaica Stock Exchange US dollar market, resulting in more stocks declining than increasing at the close.
Nine securities traded, compared to six on Friday, with one rising, three declining and five ending unchanged.
Overall, 492,558 shares traded for US$9,897 versus 73,292 units at US$15,839 on Friday. Trading averaged 54,729 units at US$1,100, versus 12,215 shares at US$2,640 on Friday, with the month to date average of 73,625 shares at US$8,727 versus 74,953 units at US$9,263 on the previous day. May ended with an average of 47,916 units for US$3,528.
The JSE US Denominated Equities Index lost 1.68.points to end at 217.99. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with the bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.05 cents to close at 7.5 US cents in switching ownership of 26,358 shares, 
Margaritaville remained at 14.99 US cents while exchanging 622 units, Proven Investments lost 0.99 of one cent to close at 25.01 US cents, with 6,452 stock units clearing the market. Sterling Investments shed 0.07 of a cent after ending at 2 US cents and trading 1,100 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to end at 12.9 US cents in an exchange of 751 stocks, Sygnus Real Estate Finance USD share finished at 11.5 US cents in trading 8,454 shares and Transjamaican Highway ended at 0.99 US cents in exchanging 448,500 stock units.
In the preference segment, Equityline Mortgage Investments preference share remained at US$1.70 with 57 units crossing the market and JMMB Group 5.75% finished at US$2.25 after exchanging 264 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
JSE USD market record gains
Trading on Friday closed with the volume of stocks, traded dropping 69 percent from Thursday even as the value surged 104 percent higher, at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading, versus seven on Thursday with three rising, two declining and one ending unchanged.
Overall, 73,292 shares traded for US$15,839 compared to 234,994 units at US$7,758 on Thursday. Trading averaged 12,215 units at US$2,640, versus 33,571 shares at US$1,108 on Thursday, with a month to date average of 74,953 shares for US$9,263 versus 78,039 units at US$9,589 on the previous day. May averaged 47,916 units for US$3,528.
The JSE US Denominated Equities Index gained 3.77 points to end at 219.67. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share dropped 0.04 of one cent to 7.45 US cents trading 265 shares, 
Proven Investments gained 0.96 of a cent to close at 26 US cents in an exchange of 58,664 stocks, Sygnus Credit Investments USD share shed 0.03 of a cent in closing at 12.91 US cents after exchanging 784 units. Sygnus Real Estate Finance USD share finished at 11.5 US cents, with 900 stock units crossing the market and Transjamaican Highway rose 0.06 of a cent to close at 0.99 of one US cent in trading 12,440 stock units.
In the preference segment, JMMB Group 6% popped 4 cents to close at US$1.05 after the trading of 239 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading for JSE USD market
Trading on Thursday, with the volume of stocks traded falling 78 percent with 99 percent less value than on Wednesday, to close the Jamaica Stock Exchange US dollar market, resulting in seven securities traded, the same as on Wednesday with none rising, three declining and four ending unchanged.
The JSE US Denominated Equities Index lost 0.07 points to end at 215.90. The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 234,994 shares traded for US$7,758 compared to 1,086,150 units at US$718,478 on Wednesday. Trading averaged 33,571 units at US$1,108, compared to 155,164 shares at US$102,640 on Wednesday, with month to date average of 78,039 shares at US$9,589 versus 80,746 units at US$10,105 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share remained at 7.49 US cents while trading 2,690 shares, 
MPC Caribbean Clean Energy finished at US$1.38, with two units crossing the exchange, Proven Investments lost 0.86 of a cent to end at 25.04 US cents with 20,590 stock units changing hands. Sterling Investments dropped 0.03 of a cent to 2.07 US cents after trading 33,201 stocks, Sygnus Credit Investments USD share ended unchanged at 12.94 US cents in an exchange of 21 stock units, Sygnus Real Estate Finance USD share ended at 11.5 US cents in exchanging 75 shares and Transjamaican Highway slipped 0.07 of a cent to 0.93 of one US cent in trading 178,415 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surge for JSE USD market
Trading jumped sharply on Wednesday, on the Jamaica Stock Exchange US dollar market with the volume of stocks traded rising 611 percent higher and the value surging 6,323 percent over trading on Tuesday, resulting in seven securities trading, compared to four on Tuesday with two rising, three declining and two unchanged.
The JSE US Denominated Equities Index gained 3.42 points to end at 215.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
A total of 1,086,150 shares traded for US$718,478 versus 152,805 units at US$11,186 on Tuesday. Trading averaged 155,164 units at US$102,640, compared to 38,201 shares at US$2,797 on Tuesday, with month to date average of 80,746 shares at US$10,105 versus 75,922 units at US$4,107 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share remained at 7.49 US cents, with 2,290 shares crossing the exchange, 
MPC Caribbean Clean Energy ended at US$1.38 with an exchange of 7 stock units, Productive Business Solutions shed 1 cent to close at US$1.14, with 612,721 stocks crossing the market. Proven Investments advanced 0.88 of one cent to close at 25.9 US cents after 54,605 units changed hands, Sygnus Credit Investments USD share declined 0.03 of a cent to end at 12.94 US cents in an exchange of 13,056 units and Transjamaican Highway gained 0.05 of a cent to end at 1 US cent after exchanging 402,835 stock units.
In the preference segment, JMMB Group 6% dropped 4 cents to close at US$1.01, with 636 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fall for JSE USD market
Trading activity dropped on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks trading declining 54 percent and the value down 76 percent from Monday, resulting in more stocks falling than rising.
Four securities traded, down from eight on Monday, with one rising, two declining and one ending unchanged. The JSE US Denominated Equities Index lost 1.28 points to end at 212.55.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 152,805 shares traded for US$11,186, down from 335,526 units at US$46,352 on Monday. Trading averaged 38,201 units at US$2,797, compared to 41,941 shares at US$5,794 on Monday, with a month to date average of 75,922 shares at US$4,107 versus 77,373 units at US$4,158 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with higher bids than the last selling prices 
and two stocks with lower offers.
At the close, Proven Investments fell 0.98 of one cent to 25.02 US cents in trading 40,231 shares, Sygnus Credit Investments USD share declined 0.02 of a cent in closing at 12.97 US cents after 668 stocks changed hands, Sygnus Real Estate Finance USD share remained at 11.5 US cents after an exchange of 752 shares and Transjamaican Highway rose 0.11 of a cent to close at 0.95 of a US cent with an exchange of 111,154 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for USD market as more stocks rise
The value stocks trading on Monday surged 232 percent on the Jamaica Stock Exchange US dollar market, but the volume was mildly higher and trading closed with eight active securities, the same as Friday, with three rising, one declining and four ending unchanged.
The JSE US Denominated Equities Index rose 2.90 points and closed at 213.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.10. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 335,526 shares traded, for US$46,352 versus 320,625 units at US$13,970 on Friday. Trading averaged 41,941 units at US$5,794, compared to 40,078 shares at US$1,746 on Friday, with a month to date average of 77,373 shares at US$4,158 versus 80,326 units at US$4,021 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with higher bids than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share ended at 7.49 US cents with an exchange of 37 shares, MPC Caribbean Clean Energy remained at US$1.38 while exchanging one stock unit, 
Proven Investments rose 0.5 of a cent to end at 26 US cents in an exchange of 48,190 stock units. Sterling Investments dropped 0.02 of one cent to close at 2.1 US cents, with 577 units changing hands, Sygnus Credit Investments USD share advanced 0.79 of a cent in closing at 12.99 US cents in switching ownership of 260,908 units, Sygnus Real Estate Finance USD share finished at 11.5 US cents after an exchange of 850 stocks and Transjamaican Highway climbed 0.03 of one cent to close at 0.84 of a US cent with 24,962 shares traded.
In the preference segment, JMMB Group 6% remained at US$1.05 in exchanging one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD market
Trading on Friday ended with the volume of stocks changing hands rising 61 percent over Thursday as 11 percent more funds entered the Jamaica Stock Exchange US dollar market, resulting in eight securities traded, similar to Thursday, with two rising, three declining and three ending unchanged.
The JSE US Denominated Equities Index dipped 3.59 points to end at 210.93.
The PE Ratio, a measure used to compute appropriate stock values, averages 9, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
A total of 320,625 shares traded amounting to US$13,970 compared to 199,358 units at US$12,579 on Thursday. Trading averaged 40,078 units at US$1,746 compared to 24,920 shares at US$1,572 on Thursday, with a month to date average of 80,326 shares at US$4,021 versus 83,984 units at US$4,228 on the previous day. May ended with an average of 47,916 units for US$3,528.
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 Capital USD share remained at 7.49 US cents, with 3 shares crossing the market, 
Margaritaville ended at 14.99 US cents with an exchange of 30 stocks, Proven Investments climbed 0.48 of a cent in ending at 25.5 US cents in switching ownership of 30,832 stock units. Sterling Investments gained 0.2 of a cent in closing at 2.12 US cents with the swapping of 2,823 units, Sygnus Credit Investments USD share finished at 12.2 US cents trading 11,698 stocks, Sygnus Real Estate Finance USD share lost 0.5 of one cent to end at 11.5 US cents in exchanging 23,408 units and Transjamaican Highway dropped 0.17 of a cent to 0.81 of a US cent in an exchange of 251,830 stock units.In the preference segment, JMMB Group 5.75% shed 5 cents in ending at US$2.25 after trading just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dolla Financial gains 132% in 3 days
Investors demanding more stocks in the recent IPO issue, Dolla Financial that opened trading this week, bought 2.35 million on Friday, the most since listing on Wednesday, but had to pay $2.32 for them, but that did nothing to quench the 65 million units bid at the close at $2.32, the maximum permitted for the day as the stock rose 132 percent since listing.
Based on the lopsided bid to offer, the stocks seem poised to hit the maximum on Monday at 3.07 as investors fight to get stocks.
The Junior Market index delivered the best performance for investors with the Index surging a solid 80.93 points to 4,202.44 as it helped the JSE Combined Index rally 423.59 points to close at 394,523.44.
The All Jamaican Composite Index slipped 101.02 points to 436,271.57, the JSE Main Index fell 324.63 points to 381,528.21 and the SE USD market index dipped 3.59 points to close at 210.93.
Investors exchanged 30,725,425 shares in all markets, with the value of stocks traded in the Main and Junior Markets ended at $304.2 million and in the JSE USD market, US$13,970.
The market’s PE ratio ended at 23.9 based on 2021-22 earnings and 12.9 times those for 2022-23 at the close of trading.
Investors need a series of measures and pertinent information to successfully navigate many investment choices, in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help with decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks that are close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to take emotions out of the investment decision and put in 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 ICInsider.com PE Ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Fall for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market on Thursday, ended with the volume of stocks traded rising 69 percent, with a 63 percent drop in value than Wednesday, as eight securities were traded, up from six on Wednesday with three rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index lost 3.43 points to end at 214.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Some 199,358 shares traded for US$12,579 compared to 118,104 units at US$34,212 on Wednesday. Trading averaged 24,920 units at US$1,572, compared to 19,684 shares at US$5,702 on Wednesday, with a month to date average of 83,984 shares at US$4,228 versus 89,891 units at US$4,494 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.49 of a cent to 7.49 US cents, with 6,497 shares crossing the market, Margaritaville declined 0.01 of one cent to close at 14.99 US cents with the swapping of 12,982 stock units, Productive Business Solutions traded 1,297 stock units at US$1.15. 
Proven Investments shed 0.97 of a cent in closing at 25.02 US cents after exchanging 27,032 units, Sterling Investments dropped 0.25 cents to 1.92 US cents with 23,369 stock units changing hands, Sygnus Credit Investments USD share ended at 12.2 US cents after exchanging 2,014 stocks and Transjamaican Highway gained 0.07 of a cent after ending at 0.98 US cents in trading 126,115 units.
In the preference segment, JMMB Group 6% rose 4 cents to close at US$1.05 with the exchange 52 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume up, prices down on JSE USD market
Trading picked up on Wednesday, with the volume of stocks traded rising 32 percent, with a more than doubling in the value that rose 120 percent more than on Tuesday, on the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising at the close.
A total of six securities traded, compared to five on Tuesday with two rising, four declining and no ending unchanged. The JSE US Denominated Equities Index fell 1.02 points to 217.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com earnings forecasts for companies with their financial year ending, up to August 2023.
Overall, 118,104 shares were traded, for US$34,212 up from 89,436 units at US$15,551 on Tuesday. Trading averaged 19,684 units at US$5,702, compared to 17,887 shares at US$3,110 on Tuesday, with month to date average of 89,891 shares at US$4,494 versus 95,583 units at US$4,396 on the previous day. May averaged 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share shed 0.4 of a cents to end at 7 US cents with the swapping of 28,483 shares, Proven Investments rallied 0.97 of one cent in ending at 25.99 US cents after trading 5,000 units, Sterling Investments advanced 0.25 of a cent to 2.17 US cents, as 250 stocks changed hands. Sygnus Credit Investments USD share declined 0.19 of a cent to close at 12.2 US cents while exchanging 275 stock units and Transjamaican Highway fell 0.07 of a cent in closing at 0.91 of one US cent in an exchange of 54,096 units.
In the preference segment, JMMB Group 6% lost 4 cents to close at US$1.01 after trading 30,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
