Traded value jumps on JSE USD Market

The value of stocks trading jumped sharply on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume exchanged remaining depressed, down 15 percent from Tuesday with a 375 percent greater value, resulting from trading in four securities, up from three on Tuesday with prices of one rising and three declining.
The market closed with an exchange of 75,761 shares for US$14,761 compared to 89,247 units at US$3,105 on Tuesday.
Trading averaged 18,940 units at US$3,690 compared with 29,749 shares at US$1,035 on Tuesday, with a month to date average of 43,272 shares at US$2,898 compared with 45,143 units at US$2,837 on the previous day in comparison to May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 0.09 points to end at 220.01.
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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share slipped 0.65 of one cent to end at 4.09 US cents with traders dealing in 1,490 units, Proven Investments fell 0.08 of a cent to 13 US cents with 8,854 stocks clearing the market and Transjamaican Highway rallied 0.08 of a cent to 2.1 US cents after investors ended trading 55,561 shares.
In the preference segment, JMMB Group US8.5% preference share declined 2 cents to finish at US$1.26 following 9,856 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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.

Surge in trading on the JSE USD Market

Following a session of increased trading on the Jamaica Stock Exchange US dollar market ended on Monday, the market closed with a 636 percent surge in the volume of stocks that were exchanged leading to a 2,773 percent jump in value over that on Friday and resulting in trading of nine securities, compared to eight on Friday with prices of five rising, two declining and two ending unchanged.
The market closed with an exchange of 147,490 shares for US$59,542 up sharply from 20,041 units at US$2,072 on Friday.
Trading averaged 16,388 units at US$6,616 versus 2,505 shares at US$259 on Friday, with a month to date average of 46,086 shares at US$2,947 compared with 52,768 units at US$2,122 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 0.97 points to close trading at 223.09.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 three with lower offers.
At the close, AS Bryden slipped 0.49 of a cent and ended at 22 US cents with traders dealing in 227 shares, Margaritaville gained 0.38 of one cent to 8.88 US cents, with 13,240 stocks changing hands, Productive Business Solutions ended at US$1.275 with investors swapping 3 shares. Proven Investments popped 0.08 of a cent to 13.08 US cents after 4,240 stock units crossed the market, Sterling Investments ended at 1.54 US cents as investors exchanged 4 shares, Sygnus Credit Investments rallied 0.4 of a cent to end at 8.4 US cents and closed with the trading of 100,447 units and Transjamaican Highway rose 0.07 of a cent in closing at 2.12 US cents in switching ownership of 7,747 stocks.
In the preference segment, JMMB Group US8.5% preference share lost 1 cent to end at US$1.28 after trading 19,242 stock units and Sygnus Credit Investments E8.5% climbed 70 cents to close at US$11 with 2,340 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading plunged on the JSE USD market

The Jamaica Stock Exchange US dollar market closed on Friday after a sharp 92 percent drop in the volume of stocks that changed hands, with a 73 percent lower value than on Thursday, resulting in trading in eight securities, compared to seven on Thursday with prices of one rising, four declining and three ending unchanged.
The market closed with an exchange of 20,041 shares for US$2,072 compared to 238,919 units at US$7,681 on Thursday.
Trading averaged 2,505 units at US$259 versus 34,131 shares at US$1,097 on Thursday, with a month to date average of 52,768 shares at US$2,122 compared with 65,334 units at US$2,587 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index shed 0.14 points to cease trading at 224.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 ending with a bid higher than the last selling price and none with a lower offer.
At the close of the market, AS Bryden ended at 22.49 US cents, with 832 stock units crossing the market, First Rock Real Estate USD share shed 0.26 of a cent and ended at 4.74 US cents with investors dealing in 997 shares, Margaritaville lost 0.38 of one cent to end at 8.5 US cents, with 24 units clearing the market. Productive Business Solutions remained at US$1.275 with an exchange of 369 stocks, Sterling Investments sank 0.01 of a cent to 1.54 US cents, with 8,010 shares crossing the market, Sygnus Credit Investments skidded 1 cent to finish at 8 US cents in switching ownership of 126 stocks and Transjamaican Highway remained at 2.05 US cents, with 9,583 stocks crossing the exchange.
In the preference segment, Sygnus Credit Investments E8.5% climbed 25 cents to close at US$10.30 with investors transferring 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD Market

The Jamaica Stock Exchange US dollar market ended on Thursday, with a 57 percent drop in the volume of stocks changing hands, with a 45 percent decline in value from Wednesday, resulting in trading in seven securities, compared to seven on Wednesday with prices of one rising, three declining and three ending unchanged.
The market closed with an exchange of 238,919 shares for US$7,681, down from 552,161 units at US$14,011, on Wednesday.
Trading averaged 34,131 units at US$1,097 versus 78,880 shares at US$2,002 on Wednesday, with a month to date average of 65,334 shares at US$2,587 compared with 74,070 units at US$3,004 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index advanced 2.43 points to wrap up trading at 224.19 to trade in negative territory for the year to date after being positive for most of the year to the end of May.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is 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 two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden remained at 22.49 US cents with a transfer of 5,477 shares, Margaritaville dropped 1.1 cents in closing at 8.88 US cents, with 2,501 units crossing the exchange, MPC Caribbean Clean Energy popped 3 cents to end at 64 US cents with investors dealing in 10 shares. Productive Business Solutions ended trading at US$1.275 after an exchange of 54 stocks, Proven Investments ended at 13 US cents with investors swapping 590 shares and Transjamaican Highway shed 0.09 of a cent to close at 2.05 US cents with 230,168 stock units changing hands.
In the preference segment, Sygnus Credit Investments E8.5% fell 25 cents to US$10.05 as investors exchanged 119 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market drops on reduced trades

Market activity dropped at the end of trading on the Jamaica Stock Exchange US dollar market on Wednesday, with a 54 percent fall in the volume of stocks being exchanged, with a 62 percent drop in value on Tuesday, resulting in trading in seven securities, down from 10 on Tuesday, with prices of three rising, four declining and none ending unchanged.
The market closed with an exchange of 552,161 shares for US$14,011 down from 1,188,623 units at US$36,705 on Tuesday.
Trading averaged 78,880 units at US$2,002 down from 118,862 shares at US$3,671 on Tuesday, with a month to date average of 74,070 shares at US$3,004 compared with 72,200 units at US$3,394 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index declined nearly 4 percent in dropping 9.12 points to close at 221.76.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden rose 0.49 cents to finish at 22.49 US cents, with 10,250 stock units crossing the market, First Rock Real Estate USD share advanced 0.3 of a cent and ended at 5 US cents after an exchange of just one share, Productive Business Solutions slipped 22.5 cents to close at a 52 weeks’ low of US$1.275, with 30 stocks changing hands. Proven Investments lost 0.08 of a cent to end at 13 US cents with investors transferring 1,340 units, Sterling Investments skidded 0.05 of a cent in closing at 1.55 US cents in switching ownership of 5,640 shares, Sygnus Credit Investments popped 0.29 of one cent to close at 9 US cents as 6,900 stock units passed through the market and Transjamaican Highway sank 0.01 of a cent to 2.14 US cents and closed with an exchange of 528,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE USD market

The Jamaica Stock Exchange US dollar market ended trading on Tuesday, with a 971 percent jump in the volume of stocks changing hands with Transjamaican Highway controlling the bulk of trading, as the value traded jumping 50 percent over Monday, resulting in activity 10 securities, compared to eight on Monday with prices of four rising, one declining and five ending unchanged.
The market closed with an exchange of 1,188,623 shares for US$36,705 compared to 110,971 units at US$24,393 on Monday.
Trading averaged 118,862 units at US$3,671 compared to 13,871 shares at US$3,049 on Monday, with a month to date average of 72,200 shares at US$3,394 up from May with an average of 32,077 units for US$3,201.
The US Denominated Equities Index increased 0.03 points to end trading at 230.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price and 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden ended at 22 US cents after trading of 2,442 stocks, Margaritaville dropped 0.03 of a cent to 9.98 US cents, with 86 units crossing the market, MPC Caribbean Clean Energy remained at 61 US cents after a transfer of 898 shares. Productive Business Solutions ended at US$1.50, with 155 stock units crossing the exchange, Proven Investments advanced 0.09 of a cent in closing at 13.08 US cents with investors dealing in 4,585 shares, Sterling Investments remained at 1.6 US cents after exchanging 3,200 stocks and Transjamaican Highway popped 0.12 cent in closing at 2.15 US cents after an exchange of 1,169,220 units.
In the preference segment, JMMB Group US8.5% preference share gained 1 cent to end at US$1.29 with 8,000 stock units clearing the market, Productive Business Solutions 9.25% preference share rose 45 cents to end at US$11.45 as investors exchanged 8 shares and Sygnus Credit Investments E8.5% ended at US$10.30 in trading 29 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Major Jamaica Stock Exchange markets drop

Trading pulled back from Monday’s level resulting in a decline in the Main Market and Junior Market of the Jamaica Stock Exchange. At the same time, the JSE USD market closed a fraction higher as trading ended with the number of stocks changing hands inching up, with a lower value than on the previous day, resulting in prices of 30 shares rising and 37 declining.
At the close of trading, the JSE Combined Market Index dropped 3,692.26 points to close at 330,663.38, the All Jamaican Composite Index dropped 1,399.25 points to end at 358,765.12, the JSE Main Index sank 3,498.91 points to close trading at 317,915.41. The Junior Market Index declined 48.52 points to lock up trading at 3,716.76 and the JSE USD Market Index popped 0.03 points to settle at 230.88.
At the close of trading, 17,868,565 shares were exchanged in all three markets, up marginally from 17,841,602 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $69.07 million, well below the $83.02 million on the previous trading day and the JSE USD market closed with an exchange of 1,188,623 shares for US$36,705 compared to 110,971 units at US$24,393 on Monday.
In Main Market activity, Transjamaican Highway led trading with 1.74 million shares followed by Wigton Windfarm with 840,062 stocks units and JMMB Group 7.25% preference share due 2024 with 736,302 units.
In the Junior Market, Limners and Bards led trading with 2.40 million shares followed by Everything Fresh with 1.49 million units, Dolla Financial chipped in with 1.36 million shares and Paramount Trading with 1.15 million stock units.
In the preference segment, Eppley 7.50% preference share climbed $1.28 to finish at $7.48, Eppley 7.75% preference share dipped 85 cents to end at $19.15, Jamaica Public Service 7% gained 71 cents to close at $41.50. 138 Student Living preference share lost $2.12 to close at $187.88 and Productive Business Solutions 9.75% preference share popped $11.10 to end at $113.50.
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 1.3 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.

Stocks mostly fell on the JSE USD market

Stocks pulled back in trading on the Jamaica Stock Exchange US dollar market on Monday, with a 59 percent fall in the volume of stocks exchanged valued at 104 percent more than on Friday, resulting in trading in eight securities as was the case on Friday and ended with prices of one rising, four declining and three ending unchanged.
The market closed with an exchange of 110,971 shares for US$24,393 compared to 267,704 units at US$11,973 on Friday.
Trading averaged 13,871 units at US$3,049 versus 33,463 shares at US$1,497 on Friday, compared with May with an average of 32,077 units for US$3,201.
The US Denominated Equities Index slipped 8.50 points to wrap up trading at 230.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, MPC Caribbean Clean Energy ended at 61 US cents as investors exchanged 199 stock units, Productive Business Solutions sank 20 cents to US$1.50, with 274 shares crossing the market, Proven Investments shed 0.09 of a cent to 12.99 US cents after an exchange of 51,853 units. Sterling Investments ended at 1.6 US cents with investors swapping 31,900 stocks, Sygnus Credit Investments declined 0.54 of one cent to close at 8.71 US cents in trading 9,999 shares and Transjamaican Highway fell 0.01 of a cent to end at 2.03 US cents with investors trading 11,068 stock units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.28, with 4,764 units crossing the exchange and Sygnus Credit Investments E8.5% rose 27 cents to close at US$10.30 in trading 914 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks slipped on JSE USD Market

The Jamaica Stock Exchange US dollar market slipped moderately on Friday, following a 143 percent rise in the volume of stocks that changed hands, with a 52 percent lower value compared with Thursday, resulting in trading in eight securities, compared to six on Thursday with prices of two rising, two declining and four ending unchanged.
The market closed with an exchange of 267,704 shares for US$11,973 compared to 110,239 units at US$24,984 on Thursday.
Trading averaged 33,463 units at US$1,497 versus 18,373 shares at US$4,164 on Thursday, with a month to date average of 32,077 shares at US$3,201 compared with 31,998 units at US$3,297 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index lost 2.18 points to conclude trading at 239.35.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville ended at 10.01 US cents with 8 shares crossing the market, Productive Business Solutions remained at US$1.70 in trading 23 stocks, Proven Investments popped 0.01 of a cent to 13.08 US cents, with 4,654 shares crossing the exchange. Sterling Investments rose 0.09 of a cent to close at 1.6 US cents with investors transferring 328 stock units, Sygnus Real Estate Finance USD share ended trading at 8.8 US cents with an exchange of 5,500 shares and Transjamaican Highway declined by 0.06 of a cent in closing at 2.04 US cents with an exchange of 256,571 units.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.28 with 71 stocks clearing the market and Sygnus Credit Investments E8.5% shed 36 cents to end at US$10.03 with traders dealing in 549 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.