Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the market index squeezing out a modest rise as the volume of stocks changing hands declined by 27 percent with a 55 percent lower value than on Friday, resulting in the trading of eightm securities, similar to Friday and ending with prices of three rising, three declining and two ending unchanged.
Some 323,887 shares were traded for US$5,124 compared to 441,233 units at US$11,332 on Friday.
Trading averaged 40,486 units at US$641 compared with 55,154 shares at US$1,417 on Friday, with a month to date average of 35,067 shares at US$1,856 compared to 34,658 units at US$1,947 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 0.34 points to close at 226.97.
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 of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and 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, First Rock Real Estate USD share dipped 0.02 of a cent to 5.18 US cents in an exchange of 3,739 shares, MPC Caribbean Clean Energy fell 3 cents in closing at 55 US cents, with 350 stocks changing hands, Proven Investments ended at 16.9 US cents after trading 2,512 stock units, Sygnus Credit Investments popped 1.48 cents ended at 12.98 US cents in an exchange of 116 units, Sygnus Real Estate Finance USD share increased 2.09 cents to end at 11.09 US cents with a transfer of one stock and Transjamaican Highway rose 0.1 of a cent to 1.3 US cents after a transfer of 316,635 shares.
In the preference segment, JMMB Group 5.75% lost 10 cents in ending at US$1.80 while exchanging 34 stock units and JMMB Group 6% ended at US$1.07 after 500 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inches higher
Falling stocks hit JSE USD Market
Declining stocks pressured the Jamaica Stock Exchange US dollar market on Friday, with declining stocks outnumbering those gaining, following a 415 percent rise in the volume of stocks changing hands after 32 percent more funds were pumped into trading than on Thursday. At the close eight securities were traded, similar to Thursday and the market closed with prices of two stocks rising, six declining.
Overall, 441,233 shares were traded for US$11,332 compared with 85,659 units at US$8,596 on Thursday.
Trading averaged 55,154 units at US$1,417 compared to 10,707 shares at US$1,075 on Thursday, with a month to date average of 34,658 shares at US$1,947 compared with 32,985 units at US$1,991 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 10.89 points to 226.61.
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 of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and 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 added 1 cent to end at 11 US cents with a transfer of 70 shares, MPC Caribbean Clean Energy dropped 2 cents to close at 58 US cents while exchanging 1,127 units, 
Productive Business Solutions declined 19.99 cents to US$1.70, with 110 stocks changing hands, Proven Investments lost 0.1 of a cent in closing at 16.9 US cents with an exchange of 536 stock units, Sygnus Credit Investments rallied 0.5 of a cent to 11.5 US cents with shareholders trading 57 stocks, Sygnus Real Estate Finance USD share shed 2.1 cents to close at 9 US cents in an exchange of 1,700 shares and Transjamaican Highway fell 0.09 of a cent to end at 1.2 US cents, with 432,933 stock units crossing the market.
In the preference segment, JMMB Group 6% dipped 14 cents in closing at US$1.07 as investors exchanged 4,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inched higher
Trading declined sharply on the Jamaica Stock Exchange US dollar market on Thursday, with an 81 percent fall in the volume of stocks changing hands 73 percent decline in value compared with that on Wednesday, resulting in the trading of eight securities compared to six on Wednesday with two rising, three declining and three ending unchanged.
A total of 85,659 shares were traded for US$8,596 compared with 455,073 units at US$31,454 on Wednesday.
Trading on Thursday averaged 10,707 shares at US$1,075 versus 75,846 stocks at US$5,242 on Wednesday, with a month to date average of 32,985 shares at US$1,991 compared with 34,965 units at US$2,072 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index climbed 1.12 points to conclude trading at 237.50.
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 of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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 shed 0.69 of a cent to end at 5.2 US cents, with 8,600 shares changing hands, 
Margaritaville slipped 1 cent to 10 US cents in trading 2,500 units, Proven Investments ended trading at 17 US cents after an exchange of 15,132 stocks, Sterling Investments popped 0.35 of a cent in closing at 1.98 US cents with an exchange of 19 stock units. Sygnus Credit Investments rose 1 cent to 11 US cents with 51,660 shares clearing the market, Sygnus Real Estate Finance USD share lost 0.9 of a cent to end at 11.1 US cents with shareholders swapping 5 stocks and Transjamaican Highway remained at 1.29 US cents after 7,696 stock units crossed the market.
In the preference segment, JMMB Group 5.75% ended at US$1.90 in trading 47 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading activity picked upon the Jamaica Stock Exchange US dollar market on Wednesday, with the 3,657 percent surge in the volume of stocks changing hands, with the value rising 1,611 percent over that on Tuesday, resulting in the trading of six securities, compared to five on Tuesday with none rising, three declining and three ending unchanged.
On Tuesday, 455,073 shares were exchanged for US$31,454, compared with 12,114 units at US$1,838. Trading averaged 75,846 shares at US$5,242 versus 2,423 units at US$368 on Tuesday, with a month to date average of 34,965 shares at US$2,072 up from 32,045 units at US$1,846 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index fell 3.55 points to conclude trading at 236.38.
The PE Ratio, a measure of computing appropriate stock values averages 9.1. The PE ratio is calculated based on the last traded stock price divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and 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, First Rock Real Estate USD share fell 0.3 of a cent to 5.89 US cents after a transfer of 968 shares, 
Proven Investments ended at 17 US cents after investors traded 22,700 units, Sygnus Credit Investments ended at 10 US cents after 400 stocks passed through the market and Transjamaican Highway shed 0.01 of a cent and ended at 1.29 US cents in trading 425,018 units.
In the preference segment, Productive Business 9.25% preference share dipped 15 cents to close at US$13 with an exchange of 987 stocks and JMMB Group 5.75% ended at US$1.90, with 5,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on JSE USD Market
Trading activity plunged sharply on the Jamaica Stock Exchange US dollar market on Tuesday, with a 93 percent fall in the volume of stocks changing hands and a 97 percent decline in value from Monday, resulting from trading of five securities, compared to six on Monday with one rising, none declining and four ending unchanged.
On Tuesday, a mere 12,114 shares were traded for just US$1,838 compared with 169,789 units at US$62,331 on Monday.
Trading averaged 2,423 units at US$368 from 28,298 shares at US$10,388 on Monday, with a month to date average of 32,045 shares at US$1,846 compared with 33,920 units at US$1,939 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index popped 0.89 points to conclude trading at 239.93.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded prices divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and 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, Margaritaville advanced 1 cent and ended at 11 US cents with 4 shares crossing the market, Proven Investments ended at 17 US cents in an exchange of 202 units, Sygnus Credit Investments remained at 10 US cents as investors traded 11,012 stocks and Transjamaican Highway ended at 1.3 US cents and closed after 530 stock units were traded.
In the preference segment, JMMB Group 5.75% remained at US$1.90 after a transfer of 366 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market
Trading climbed sharply on the Jamaica Stock Exchange US dollar market ended on Monday, compared with Friday, with the volume of stocks changing hands up by 41 percent with a 1,079 percent surge in value, resulting in the trading of six securities, similar to Friday and closed, with two rising, two declining and two ending unchanged.
A total of 169,789 shares were traded for US$62,331 compared with 120,088 units at US$5,287 on Friday.
Trading averaged 28,298 shares at US$10,388 versus 20,015 shares at US$881 on Friday, with the month to date averaging 33,920 shares at US$1,939 compared with 34,382 units at US$1,245 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 0.44 points to 239.04.
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 of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Proven Investments dipped 0.59 of a cent in closing at 17 US cents with investors transferring 89,437 shares, Sygnus Credit Investments remained at 10 US cents in an exchange of 3,970 stock units.
Sygnus Real Estate Finance USD share advanced 0.1 of a cent to 12 US cents with an exchange one share and Transjamaican Highway increased 0.04 cents to close at a record high of 1.3 US cents with 39,148 units clearing the market.
In the preference segment, JMMB Group 5.75% declined 10 cents to end at US$1.90 after 2,033 shares crossed the market and JMMB Group 6% ended at US$1.21 with 35,200 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD Market Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 454 percent valued 128 percent more than on Thursday, resulting in six securities being traded, compared to seven on Thursday with three rising, two declining and one ending unchanged.
Overall, 120,088 shares were traded for US$5,287 compared to 21,693 units at US$2,318 on Thursday.
Trading averaged 20,015 units at US$881 versus 3,099 shares at US$331 on Thursday, with a month to date average of 34,382 shares at US$1,245 compared with 35,668 units at US$1,277 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 0.22 points to 239.48.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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, MPC Caribbean Clean Energy gained 1 cent to end at 60 US cents while exchanging 11 shares, Proven Investments shed 0.01 of a cent to close at 17.59 US cents in switching ownership of 2,997 stock units, 
Sterling Investments lost 0.27 of a cent in closing at 1.63 US cents in an exchange of 114,476 units and Transjamaican Highway remained at 1.26 US cents with investors transferring 1,770 stocks.
In the preference segment, Productive Business 9.25% share gained 31 cents to end at US$13.15 in closing at 110 shares and JMMB Group 5.75% rallied 30 cents in closing at US$2 in trading 724 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on Trinidad Exchange
Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 39 percent with the value 73 percent lower than on Wednesday resulting in 20 securities trading compared with 23 on Wednesday, with six stocks rising, seven declining and seven remaining unchanged.
Investors exchanged 229,004 shares for $925,772 against 373,347 stock units at $3,390,454 on Wednesday.
trading ended with an average of 11,450 units at $46,289 compared with 16,232 shares at $147,411 on Wednesday, with trading month to date averaging 26,844 shares at $177,894 versus 28,924 units at $195,679 on the previous day. The average trade for April amounts to 17,776 shares at $261,442.
The Composite Index rallied 0.73 points to 1,315.36, the All T&T Index increased 1.28 points to close at 1,971.29, the SME Index remained unchanged at 62.13 and the Cross-Listed Index advanced 0.02 points to end at 85.86.
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, Agostini’s ended at $64 with trading of 398 shares, Angostura Holdings ended at $23.10 after exchanging 1,170 stock units, Ansa McAl ended at $50.90 as investors exchanged 156 stocks, Calypso Macro Investment Fund rose 48 cents to $22 and closed after 831 units were exchanged. First Citizens Group shed 2 cents in closing at $49.97 with an exchange of 350 shares, FirstCaribbean International Bank rose 3 cents to $7.24 with 11,912 stock units changing hands, GraceKennedy declined 6 cents to $3.98 after an exchange of 1,040 units, JMMB Group gained 7 cents to close at $1.47, with 93,318 stocks being traded. L.J. Williams B share dipped 4 cents to end at $2.70 with a transfer of 110 stocks, Massy Holdings climbed 2 cents and ended at $5.15 in trading 26,974 shares, National Enterprises remained at $3.74 as 5,639 stock units passed through the market, NCB Financial fell 20 cents to close at $3.90 after a transfer of 79,097 units, Point Lisas ended at $3.27 with investors trading 100 stocks. 
Prestige Holdings dropped 10 cents and ended at $7.90 in an exchange of 240 shares, Republic Financial lost 24 cents in closing at $134 in owners switching 303 stock units, Scotiabank increased 45 cents to close at $77.45 with 343 units clearing the market, Trinidad & Tobago NGL remained at $19.01 after 1,400 stock units passed through the exchange, Trinidad Cement rallied 8 cents to end at $3.43, with 5,000 units crossing the market, Unilever Caribbean remained at $15.99 with an exchange of 553 shares and West Indian Tobacco fell 50 cents and ended at $16 with investors trading 70 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rally for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 46 percent decline in the volume of stocks changing hands, with a 5 percent greater value than on Wednesday, resulting from trading seven securities, similar to Wednesday with two rising, three declining and two ending unchanged.
Overall, 21,693 shares were traded for US$2,318 compared with 39,854 units at US$2,210 on Wednesday.
Trading averaged 3,099 shares at US$331 versus 5,693 shares at US$316 on Wednesday, with a month to date average of 35,668 shares at US$1,277 compared with 39,468 units at US$1,388 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rallied 5.36 points to 239.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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 fell 0.01 of a cent to 6.19 US cents after an exchange of 906 shares, 
Proven Investments ended at 17.6 US cents in trading 2,558 stocks, Sterling Investments rose 0.05 of a cent to end at 1.9 US cents with an exchange of 498 units, Sygnus Credit Investments remained at 10 US cents with 17,600 stock units changing hands, Sygnus Real Estate Finance USD share dipped 0.1 of a cent in closing at 11.9 US cents with shareholders swapping 82 shares and Transjamaican Highway rallied 0.12 of a cent to 1.26 US cents after 30 units changed hands.
In the preference segment, JMMB Group 5.75% lost 30 cents to close at US$1.70, with 19 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior and JSE USD markets climb
Junior and the JSE USD Markets ended trading with gains at the end of trading on Thursday, but the JSE Main market slipped modestly to end trading following a moderate trading session with a reduced volume and value of stocks changing hands.
At the close of trading, the JSE Combined Market Index popped 329.81 points to 346,533.49. The All Jamaican Composite Index advanced 3,407.99 points to 372,122.92, the JSE Main Index slipped 84.16 points to end trading at 334,483.86, the Junior Market Index rose 44.61 points to close at 3,762.00 and the JSE USD Market Index popped 5.79 points to 240.11.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with Productive Business 10.5% preference share losing $5 to close at $1215, Jamaica Public Service 7% rising $19.35 to close at $79.35 and Jamaica Public Service 9.5% shedding $20 to end at $2,980.
At the close, investors exchanged 12,474,760 shares in all three markets, down from 13,336,404 units on Wednesday, with the value of stocks trading amounting to $39.2 million compared with $43.3 million on Wednesday. 
Trading on the JSE USD market resulted in investors exchanging 21,693 shares for US$2,318 from 39,854 units at US$2,210 Wednesday.
The market’s PE ratio ended at 18.2 on 2022-23 earnings and 12.2 times those for 2023-24 at the close of trading.
Investors need pertinent information to successfully navigate numerous investment options 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 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 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 on the Jamaica Stock Exchange and 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 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.
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.