Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 13 percent after a big jump of 142 percent more US dollars chasing after stocks than on Tuesday, resulting in trading in eight securities, compared to seven on Tuesday with prices of four rising, one declining and three ending unchanged.
The market closed with trading in 263,941 shares for US$62,436 compared to 301,671 units at US$25,796 on Tuesday.
Trading averaged 32,993 shares at US$7,804 compared with 43,096 units at US$3,685 on Tuesday. Trading month to date ends with an average of 71,544 stock units at US$7,869 compared to 85,562 units at US$7,893 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.54 points to settle at 251.98., for a 9.1 percent gain in 2024.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. 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 one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.05 of a cent to close at 4.08 US cents with an exchange of 995 stock units, Margaritaville dipped 0.43 of one cent to 11 US cents after investors exchanged 4,044 shares, Proven Investments rose 0.2 of a cent and ended at 13 US cents, with 140,415 units changing hands. 
Sygnus Credit Investments ended at 8.9 US cents with 153 stock units crossing the exchange and Transjamaican Highway rose 0.03 of a cent to end at 2.04 US cents with traders dealing in 83,637 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.15 after an exchange of 34,498 stocks, JMMB Group 5.75% popped 11 cents to US$1.81 with investors swapping a mere 15 shares and Sygnus Credit Investments US8% remained at US$10.50 with an exchange of 184 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for JSE USD Market
Trading climbs for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks that changed hands rising 62 percent after 276 percent more US dollars passed through the market than on Monday, resulting in trading in seven securities, compared to six on Monday with prices of one rising, three declining and three ending unchanged.
The market closed with an exchange of 301,671 shares for US$25,796 up from 186,772 units at US$6,867 on Monday.
Trading averaged 43,096 units at US$3,685 versus 31,129 shares at US$1,145 on Monday, with a month to date average of 85,562 shares at US$7,893 compared with 105,380 units at US$9,856 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index fell 1.58 points to conclude trading at 250.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. 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 five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Productive Business Solutions remained at US$1.79 after an exchange of 740 shares, Proven Investments dipped 0.59 of a cent to 12.8 US cents with a transfer of 2,213 units, Sygnus Credit Investments 
ended at 8.9 US cents with an exchange of 1,089 shares and Transjamaican Highway sank 0.04 of a cent to end at 2.01 US cents with an exchange of 284,663 stock units,
In the preference segment, JMMB Group US8.5% preference share advanced 11 cents to US$1.15, with 12,601 shares changing hands, Productive Business Solutions 9.25% preference share skidded 50 cents to US$11 as investors exchanged 50 stock units and Sygnus Credit Investments US 8% ended at US$10.50 in switching ownership of 315 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market closes higher
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining 81 percent with 94 percent fewer US dollars changing hands compared to Friday, resulting in trading in six securities, up from four on Friday with prices of two rising, two declining and two ending unchanged.
The market closed with an exchange of 186,772 shares for US$6,867 compared to 1,000,615 units at US$122,251 on Friday.
Trading averaged 31,129 shares at US$1,145 down from 250,154 stock units for US$30,563 on Friday. Trading for the month to date averages 105,380 shares at US$9,856 compared to 154,880 stocks at US$15,664 that was previously traded and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.01 points to close at 252.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville dipped 0.07 of a cent and ended at 11.43 US cents after 2,500 stock units passed through the market, Productive Business Solutions ended at US$1.79, with only 27 shares being traded, Proven Investments popped 0.09 of a cent to 13.39 US cents with a transfer of 17,272 shares. Sygnus Credit Investments lost 0.07 of a cent in closing at 8.9 US cents as investors exchanged 12,000 stock units and Transjamaican Highway rose 0.05 of a cent to close at a 52 week’s high of 2.05 US cents with 154,946 shares clearing the market.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.04 with an exchange of 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No price change for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with no change to the US Denominated Equities Index at 251.01 but the volume of stocks exchanged rose 154 percent after a 553 percent jump in the amount of US dollars that changed hands compared to Thursday, resulting in trading in four securities, compared to five on Thursday with no change in stock prices.
The market closed with an exchange of 1,000,615 shares for US$122,251 up sharply from 393,307 units at US$18,728 on Thursday.
Trading averaged 250,154 stock units at US$30,563 compared with 78,661 shares at US$3,746 on Thursday, with a month to date average of 154,880 shares at US$15,664 compared with January that ended with an average of 42,169 units for US$5,037.
The PE Ratio is used in computing appropriate stock values and averages 10.5 for the US dollar market. 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 five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, Proven Investments ended at 13.3 US cents with investors trading 1,106 stocks, Sygnus Credit Investments finished trading at 8.97 US cents after a transfer of 1,628 units and Transjamaican Highway remained at 2 US cents with investors dealing in 897,881 shares.
In the preference segment, JMMB Group US8.5% preference share advanced 1 cent and ended at US$1.04 in switching ownership of 100,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Positive start for February by JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 2,471 percent jump in the volume of stocks changing hands after 2,078 percent more US dollars changed hands than on Wednesday, resulting in trading in five securities, compared to three on Wednesday with prices of two rising, one declining and two ending unchanged.
The market closed with an exchange of 393,307 shares for US$18,728 up from 15,298 units at US$860 on Wednesday.
Trading averaged 78,661 stock units on Thursday for US$3,746 compared with 5,099 shares at US$287 on Wednesday, compared to January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index rallied 1.75 points to finish at 251.01.
The PE Ratio that is used in computing appropriate stock values, averages 10.5 for the JSE USD market. 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 three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share lost 0.97 of one cent to end at 4.03 US cents with investors swapping 30,000 units, Proven Investments climbed 1.09 cents to end at 13.3 US cents, with 1,193 stock units crossing the exchange, Sygnus Credit Investments popped 0.47 of a cent in closing at 8.97 US cents after trading 160 shares and Transjamaican Highway remained at 2 US cents after an exchange of 351,954 stock units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.03 with investors dealing in 10,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE US Market up 8% in January
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 95 percent drop in the volume of stocks that changed hands, with a 97 percent lower value than on Tuesday, resulting in trading in three securities, compared to five on Tuesday with prices of two rising, no declining and one ending unchanged as the market gained nearly 8 percent in January.
The market closed with 15,298 shares trading for a mere US$860 compared with 286,861 units at US$30,962 on Tuesday.
Trading averaged 5,099 units at US$287 compared to 57,372 shares at US$6,192 on Tuesday, with a month to date average of 42,169 shares at US$5,037 compared to 43,045 stock units at US$5,149 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index gained 2.46 points to finish at 249.26, up 7.9 percent for the month.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.6. 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 six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Productive Business Solutions popped 2 cents to US$1.79 with 29 stocks being traded and Transjamaican Highway advanced 0.01 of a cent to 2 US cents, with 14,769 units changing hands.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.03 after trading of 500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jamaica Stock Exchange closes higher
The Jamaica Stock Exchange jumped higher to close out the first month of 2024 positively with all three markets rising on Wednesday, as the Main Market and the JSE USD market closed the month higher than they closed at in 2024, the Junior Market ended the month with a minor slippage as trading ended with the number shares exchanged in the overall market climbed, at a reduced value compared with the previous day, after prices of 53 shares rose and only 18 declined.
At the close of the market, the JSE Combined Market Index jumped by 4,021.70 points to 341,461.84 the All Jamaican Composite Index rallied 4,164.96 points to 365,827.98, the JSE Main Index climbed 3,750.40 points to 328,475.09. The Junior Market Index popped 57.59 points to 3,814.18 and the JSE USD Market Index rose 2.46 points to conclude trading at 249.26.
At the close of trading, 35,568,273 shares were exchanged in all three markets, up from 23,163,225 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $134.96 million, down from $247.43 million yesterday and the JSE USD market closed with an exchange of 15,298 shares for US$860 compared to 286,861 units at US$30,962 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 10.87 million shares followed by JMMB 9.5% preference share with 3.85 million units, Transjamaican Highway ended with 1.74 million units and Carreras with 1.53 million units.
In the Junior Market, Fosrich led trading with 3.20 million shares followed by ONE on ONE Educational with 2.72 million units, Stationery and Office Supplies ended with 1.45 million stock units and Derrimon Trading with 1.08 million stocks.
At the close of the market, some of the major Main Market stocks that rose are Caribbean Cement popping $2.30 in closing at $57, Jamaica Broilers climbing $1 to close at $34 and Jamaica Producers rose 80 cents and ended at $24. JMMB Group rallied $2.29 to end at $26, NCB Financial advanced $1 and closed at $67.50, Pan Jamaica rose $1.51 to close at $51.51, Scotia Group popped $2.59 to $42.59, Seprod increased $4.50 and ended at $89 and Sygnus Real Estate Finance advanced $1.25 to end at $11.50.
There were no major declining Main Market stocks on Wednesday.
Stocks with major gains in the Junior Market are Access Financial, which rallied 67 cents to end at $22.67 while Spur Tree Spices rose 40 cents to end at $2.88, with the major losing stock being Cargo Handlers sinking $1.92 and ended at $13.
In the preference segment, Eppley 7.75% preference share rose $4.95 to $22.95 and 138 Student Living preference share fell $25.72 to close at $192.28.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 14.3 times those for 2023-24 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 between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information 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.
Investors should use the chart to help make rational decisions when investing in stocks 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 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 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 pertaining to the highest bid and the lowest offer for each company.
JSE USD trading drops on Tuesday
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged declining 45 percent after 69 percent fewer US dollars changed hands compared to Monday, resulting in trading in five securities, compared to seven on Monday with prices of one rising, four declining and no ending unchanged.
The market closed with an exchange of 286,861 shares for US$30,962 compared to 519,135 units at US$98,529 on Monday.
Trading averaged 57,372 units at US$6,192 versus 74,162 shares at US$14,076 on Monday, with a month to date average of 43,045 shares at US$5,149 compared with 42,458 units at US$5,106 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index skidded 3.89 points to culminate at 246.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.6. 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 six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Proven Investments declined 1.29 cents to end at 12.21 US cents, with 24,390 stock units changing hands, Sygnus Credit Investments fell 0.48 of a cent to 8.5 US cents with a transfer of 11,494 shares and Transjamaican Highway lost 0.01 of a cent and ended at 1.99 US cents with investors swapping 237,933 units.
In the preference segment, JMMB US8.5% preference share popped 3 cents to close at US$1.03 after a transfer of 12,227 stocks and Sygnus Credit Investments E 8.5% dipped 3.8 cents in closing at US$11.75 with investors dealing in 817 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 460 percent after 12 percent fewer US dollars changed hands than on Thursday, resulting from trading in six securities, compared to eight on Thursday with prices of two rising, one declining and three ending unchanged.
The market closed trading of 670,997 shares for US$26,968 up from 119,808 units at US$30,732 on Thursday.
Trading ended with an average of 111,833 units at US$4,495 compared with 14,976 shares at US$3,842 on Thursday. Trading month to date averages 40,528 shares at US$4,560 compared to 36,603 units at US$4,564 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index gained 3.31 points to close at 247.45.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.6. 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 ents c2024.
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 gained 0.99 of one cent in closing at 5 US cents in switching ownership of 70,000 stocks, Proven Investments remained at 13.5 US cents with 2,044 stock units clearing the market, 
Sterling Investments ended trading at 1.5 US cents with an exchange of 13,714 shares and Transjamaican Highway popped 0.11 of a cent and ended at 1.99 US cents, with 584,238 stock units changing hands.
In the preference segment, Sygnus Credit Investments US 8% climbed 50 to end at a record high of US$10.50 after an exchange of a mere one share and Sygnus Credit Investments E 8.5% declined 21.2 cent to US$11.788 with investors transferring 1,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 21 percent after 55 percent fewer US dollars entered the market compared to Wednesday, resulting in trading in eight securities, up from seven on Wednesday with prices of four rising, three declining and one ending unchanged.
The market closed with an exchange of 119,808 shares for US$30,732 compared to 152,413 units at US$68,498 on Wednesday.
Trading averaged 14,976 units at US$3,842 compared with 21,773 shares at US$9,785 on Wednesday, with a month to date average of 36,603 shares for US$4,564 compared with 38,316 stock units at US$4,621 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index advanced 2.97 points to conclude trading at 244.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. 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 five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, MPC Caribbean Clean Energy climbed 6.78 cents and ended at 60.78 US cents after exchanging 11 stock units, Proven Investments increased 0.5 of a cent to 13.5 US cents in swapping 21,883 shares, 
Sygnus Credit Investments dropped 0.01 of a cent to end at 8.98 US cents after 1,100 stocks were traded and Transjamaican Highway popping 0.03 cent in closing at 1.88 US cents with a transfer of 71,255 stocks.
In the preference segment, JMMB US8.5% preference share ended at US$1.03 after 25,456 shares passed through the market, JMMB Group 5.5% fell 1 cent to US$1.64 after an exchange of 52 stocks. JMMB Group 5.75% dipped 30 cents and ended at US$1.70, with 45 units crossing the market and Sygnus Credit Investments E 8.5% gained 21.2 cents in closing at a record US$12 after trading 6 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.