Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 54 percent with the value 14 percent lower than on Friday, resulting from trading of seven securities, compared to eight on Friday with prices of two rising, three declining and two ending unchanged leading to the JSE USD Equities Index losing 1.93 points to end at 230.57.
Overall, 48,673 shares were traded for US$8,035 down from 105,350 units at US$9,368 on Friday.
Trading averaged 6,953 units at US$1,148 versus 13,169 shares at US$1,171 on Friday, with a month to date average of 8,422 shares at US$3,440 compared with 8,869 units at US$4,137 on the previous day. February ended with an average of 43,793 units for US$2,015.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com earnings for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy popped 2.33 cents to 69 US cents with an exchange of 51 shares, 
Proven Investments shed 0.5 of a cent to end at 18.5 US cents with an exchange of 8,600 units, Sygnus Credit Investments J$ share dipped 0.01 of a cent to close at 10.2 US cents with the swapping of 550 stocks. Sygnus Credit Investments USD share lost 0.19 of a cent in closing at 9.8 US cents as 4,400 stock units passed through the market and Transjamaican Highway rallied 0.06 of a cent to 0.96 US of one US cent with 29,938 stocks clearing the market.
In the preference segment, JMMB Group 5.75% remained at US$2.01 after a transfer of 58 shares and JMMB Group 6% ended at US$1.09 with a transfer of 5,076 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading down on JSE USD Market
Volume doubles on JSE USD market
Investors traded more than twice the number of shares changing hands on Thursday but at a fraction of the value as 105,350 shares were traded, for US$9,368 compared to 52,300 units at US$40,981 on Thursday on the Jamaica Stock Exchange US dollar market ended on Friday.
The volume of stocks changing hands rose 101 percent, valued 77 percent lower than on Thursday, resulting from trading in eight securities traded, similar to trading on Thursday with four rising, two declining and two ending unchanged.
Trading averaged 13,169 stock units at US$1,171 compared to 6,538 shares at US$5,123 on Thursday, with the month to date average of 8,869 shares at US$4,137 compared to 6,575 units at US$5,719 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index gained 1.39 points to end at 232.50.
The PE Ratio, a measure used in computing the appropriate value of stocks, currently averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, Margaritaville increased 0.5 of a cent to 12.5 US cents with 33 shares passing through the market, Productive Business Solutions popped 0.9 of a cent in ending at US$1.899 while exchanging just one unit, Proven Investments advanced 0.5 of a cent in closing at 19 US cents with a transfer of 46,799 stocks. 
Sygnus Credit Investments USD share fell 0.01 of a cent to end at 9.99 US cents in switching ownership of 42 stock units and Transjamaican Highway shed 0.05 of a cent to close at 0.9 of one US cent after an exchange of 58,470 stock units.
In the preference segment, Eppley 6% preference share remained at US$1.15 with 2 shares clearing the market, Equityline Mortgage Investment preference share ended at US$1.64 after an exchange of a mere one stock and JMMB Group 6% gained 4 cents to close at US$1.09 in trading 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 13 percent with the value 9 percent less than on Wednesday, resulting from trading in eight securities compared to seven on Wednesday with three rising, two declining and three ending unchanged.
Overall, 52,300 shares were traded for US$40,981 compared with 46,332 units at US$44,807 on Wednesday.
Trading on Thursday averaged 6,538 shares at US$5,123 compared to 6,619 units at US$6,401 on Wednesday, with a month to date average of 6,575 shares at US$5,719. Trading in February averaged 43,793 units for US$2,015.
The JSE USD Equities Index lost 1.45 points to end at 231.11.
The PE Ratio, a measure used in the computation of appropriate stock values averages 9.8. The PE ratio is computed based on the last traded stock price and ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy remained at 66.67 US cents with an exchange of 813 shares, Proven Investments dropped 0.49 of a cent in closing at 18.5 US cents as 32,374 units passed through the market, 
Sterling Investments gained 0.11 of a cent to end at 2 US cents with an exchange of 432 stock units. Sygnus Credit Investments USD share ended at 10 US cents while exchanging 98 stocks and Transjamaican Highway shed 0.01 of a cent to end at 0.95 of one US cents with 494 units clearing the market.
In the preference segment, Productive Business 9.25 preference share remained at US$12.10 with the swapping of 762 stock units, JMMB Group 5.75% increased 11 cents to close at US$2.01 in an exchange of 7,302 stocks and JMMB Group 6% advanced 7 cents in closing at US$1.05, with 10,025 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE markets fall on Thursday
All three markets of the Jamaica Stock Exchange closed lower Thursday with trading picking up well over that on Wednesday with trading resulting in an exchange of 20,802,746 shares in all three markets, up from 12,685,338 units, with a value of $156 million, up from $54.89 million previously traded.
The JSE USD market closed with an exchange of US$40,981 for shares traded compared with US$44,807 on Wednesday.
The JSE Combined Market Index fell 1,416.76 points to 348,871.69, the All Jamaican Composite Index declined 1,813.15 points to end at 380,265.75, the JSE Main Index lost 1,383.23 points to end at 335,838.19, the Junior Market dropped 13.80 points to settle at 3,876.80 and the JSE USD Market Index dipped 1.45 points to end at 231.11.
The market’s PE ratio ended at 19.8 based on 2021-22 earnings and 13 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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. 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 also show the closing volume pertaining to the bids and offers 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.
Trading drops on JSE USD Market
Only two securities were traded in the ordinary shares section of the Jamaica Stock Exchange US dollar market on Monday, leading to a 90 percent fall in the volume of stocks changing hands even as the value traded jumped 210 percent over that on Friday, resulting in the trading of seven securities, similar to Friday, with three rising, one declining and three unchanged.
A total of 32,455 shares were traded for US$13,457 compared with 318,483 units at US$4,336 on Friday.
Trading averaged 4,636 units at US$1,922 compared with 45,498 shares at US$619 on Friday, with a month to date average of 40,468 shares at US$2,015 compared with 42,593 units at US$2,021 on the previous trading day. January trading averaged 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.92 points to end at 247.79.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, Sygnus Credit Investments USD share popped 0.4 cents to 10 US cents with an exchange of 170 shares and Transjamaican Highway dipped 0.04 of a cent in closing at 0.9 of one US cent in trading 26,571 stock units.
In the preference segment, Productive Business 9.25% preference share increased 10 cents to close at US$12.10, with 223 units crossing the market, Eppley 6% ended at US$1.15 with one stock unit changing hands, Equityline Mortgage Investment preference share remained at US$1.64 in switching ownership of one stock unit, JMMB Group 5.75% remained at US$2 after finishing with 5,000 shares trading and JMMB Group 6% rallied 0.03 of a cent in closing at US$1.07 as investors exchanged 489 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on JSE USD Market but prices slip
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 1,962 percent and valued 206 percent higher than on Thursday and resulted in seven securities trading, compared to seven on Thursday with none rising, two declining and five ending unchanged.
Overall, 318,483 shares were traded for US$4,336 compared to 15,447 units at US$1,416 on Thursday.
Trading averaged 45,498 shares at US$619 compared with 2,207 stocks at US$202 on Thursday, with a month to date average of 42,593 shares at US$2,021 compared to 42,410 units at US$2,109 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.65 points to close at 248.71.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than the last selling prices and four with lower offers.
At the close, Margaritaville remained at 12.5 US cents while trading 8,228 shares, MPC Caribbean Clean Energy ended at 58 US cents, with 400 units crossing the market, 
Proven Investments remained at 19 US cents with 15 stocks clearing the exchange. Sterling Investments lost 0.11 of a cent in ending at 1.89 US cents in an exchange of 5,400 stock units, Sygnus Real Estate Finance USD share dipped 0.1 of a cent in closing at 8.4 US cents with a transfer of 1,850 stock units and Transjamaican Highway ended at 0.94 of one US cent, with 302,588 units changing hands.
In the preference segment, Eppley 6% preference share remained at US$1.15 in switching ownership of 2 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading dropped on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands declining 85 percent, valued 91 percent lower than on Tuesday, resulting in seven securities traded, compared to five on Tuesday with three rising, two declining and two ending unchanged.
A total of 15,447 shares were traded for US$1,416, down from 106,437 units at US$16,273 on Tuesday.
Trading averaged 2,207 units at US$202 down from 21,287 shares at US$3,255 on Tuesday, with a month to date average of 42,410 shares at US$2,109 compared to 45,116 units at US$2,237 on the previous day. January closed with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 0.09 points to end at 249.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, Margaritaville ended at 12.5 US cents as investors exchanged 955 shares, Proven Investments rose 0.1 of a cent to 19 US cents, with 5,014 units crossing the market, Sterling Investments increased 0.25 of one cent in closing at 2 US cents after a transfer of 5,559 stock units. 
Sygnus Credit Investments USD share dropped 0.4 of a cent after ending at 9.6 US cents and exchanging 900 stocks and Transjamaican Highway lost 0.01 of one cent to end at 0.94 of one US cent with a transfer of 3,000 shares.
In the preference segment, Productive Business 9.25% preference share closed at US$12 with 9 stocks crossing the exchange and Eppley 6% preference share rallied 5 cents to US$1.15 while exchanging 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Low-keyed JSE USD trading
Trading closed mixed on the Jamaica Stock Exchange US dollar market on Tuesday, resulting from a 39 percent fall in the volume of stocks changing hands, but with 169 percent greater value than on Monday, after trading in five securities, compared with seven on Monday with three rising, one declining and one ending unchanged.
Investors traded 106,437 shares for US$16,273 compared to 175,300 units at US$6,059 on Monday.
Trading averaged 21,287 shares at US$3,255 versus 25,043 stock units at US$866 on Monday, with a month to date average of 45,116 shares at US$2,237 compared with 46,320 units at US$2,186 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.81 points to end at 249.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share shed 1 cent to close at 6 US cents in swapping of 3,375 shares, 
Proven Investments rose 0.38 of a cent to 18.9 US cents after an exchange of 79,269 stocks, Sygnus Credit Investments USD share ended at 10 US cents, with 9,730 stocks changing hands and Transjamaican Highway popped 0.01 of a cent in ending at 0.95 of one US cent in trading 14,055 units.
In the preference segment, Productive Business Solutions 9.25% preference share rallied 99 cents to close at US$12 after eight stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks fall but trading picks up
Trading picked up on the Jamaica Stock Exchange US dollar market on Monday, with an increase of 174 percent in the volume of stocks changing hands and a 223 percent rise in the value than on Friday, resulting in the trading of seven securities compared to nine on Friday with one rising, six declining.
Overall, 175,300 shares were traded for US$6,059 compared to 64,058 units at US$1,876 on Friday.
Trading averaged 25,043 units at US$866 versus 7,118 shares at US$208 on Friday, with a month to date average of 46,320 shares at US$2,186 compared with 47,938 units at US$2,287 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 2.67 points to end at 250.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed using ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three with lower offers.
At the close, Margaritaville fell 0.49 of a cent in closing at 12.5 US cents in trading 404 shares, 
MPC Caribbean Clean Energy shed 1 cent to end at 58 US cents in switching ownership of 1,277 units, Proven Investments declined 0.48 of a cent to 18.52 US cents, with 18,014 stocks crossing the market. Sygnus Credit Investments J$ share dipped 1.79 cents to close at 10.21 US cents after exchanging 820 stock units, Sygnus Credit Investments USD share advanced 0.5 of a cent in ending at 10 US cents, with 2,754 units clearing the market and Transjamaican Highway dropped 0.02 of a cent to 0.94 of one US cent after 152,000 stocks passed through the market.
In the preference segment, JMMB Group 5.75% lost 1 cent to end at US$2 after a transfer of 31 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD market Friday
Stock prices mostly rose at the close of trading on the Jamaica Stock Exchange US dollar market on Friday, with a 96 percent decline in the volume of stocks changing hands at a 95 percent lower value than Thursday, resulting in the trading of nine securities, compared to seven on Thursday with five rising, two declining and two ending unchanged.
Overall, 64,058 shares were traded for US$1,876, down sharply from 1,504,788 units at US$39,276 on Thursday.
Trading averaged 7,118 shares at US$208, down from 214,970 shares at US$5,611 on Thursday, with a month to date average of 47,938 shares at US$2,287 compared with 52,365 units at US$2,512 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.05 points to end at 252.75.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share gained 1 cent to end at 7 US cents after an exchange of 1,000 shares, Proven Investments shed 0.87 of one cent to 19 US cents trading 150 stocks, 
Sygnus Credit Investments USD share declined 0.5 of a cent to 9.5 US cents, with 11,000 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents in an exchange of 3 units and Transjamaican Highway advanced 0.09 of a cent in ending at 0.96 of one US cent with an exchange of 51,874 shares.
In the preference segment, Productive Business 9.25% preference share rose 1 cent ending at US$11.01 with 20 units clearing the market. Equityline Mortgage Investment preference share ended at US$1.64 after exchanging three stocks, JMMB Group 5.75% climbed 1 cent to close at US$2.01 in exchanging one stock unit and JMMB Group 6% rallied 6.97 cents to US$1.0697 after a transfer of 7 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.