Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands surging 1,353 percent, valued 81 percent more than on Wednesday, resulting in trading in seven securities, compared to six on Wednesday with one rising, four declining and two ending unchanged.
A total of 1,504,788 shares were traded for US$39,276 up from 103,587 units at US$21,729 on Wednesday.
Trading averaged 214,970 units at US$5,611, versus 17,265 shares at US$3,622 on Wednesday, with a month to date average of 52,365 shares at US$2,512 up from 37,388 units at US$2,226 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 3.67 points to end at 253.80.
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 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 fell 1 cent to 6 US cents in switching ownership of 475,000 shares, 
Proven Investments popped 0.87 of one cent to 19.87 US cents with investors transferring 1,139 stock units, Sterling Investments shed 0.24 of a cent to end at 1.75 US cents with 2,673 units crossing the exchange. Sygnus Credit Investments USD share remained at 10 US cents with 692 stocks changing hands, Sygnus Real Estate Finance USD share ended at 8.5 US cents in exchanging 1,166 stock units and Transjamaican Highway declined 0.1 of a cent to end at 0.87 of one US cents after exchanging 1,024,114 units.
In the preference segment, Productive Business 9.25% preference share lost 11 cents in closing at US$11 after a transfer of 4 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD market
Trading climbs in JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 759 percent with a 177 percent higher value than on Tuesday, resulting in six securities traded, compared to 10 on Tuesday with two rising, two declining and two ending unchanged.
A total of 103,587 shares were exchanged for US$21,729 compared to 12,060 units at US$7,847 on Tuesday.
Trading averaged 17,265 units at US$3,622, compared with 1,206 shares at US$785 on Tuesday, with a month to date average of 37,388 shares at US$2,226 compared with 39,113 units at US$2,107 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.35 points to end at 250.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. 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 one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, First Rock Real Estate USD share dropped 0.48 of a cent after ending at 7 US cents as 6,000 shares were traded, 
Proven Investments added 0.01 of a cent to close at 19 US cents after exchanging 93,977 stock units, Sygnus Credit Investments USD share ended at 10 US cents with the swapping of 337 stocks.
In the preference segment, Eppley 6% preference share lost 5 cents in closing at US$1.10 with a transfer of 84 units, JMMB Group 5.75% popped 3 cents to end at US$2, with 139 shares crossing the market and JMMB Group 6% remained at US$1, with 3,050 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jolt to JSE USD Market
A sharp push was given to the Jamaica Stock Exchange US dollar market on Tuesday, even as the volume of stocks changing hands declined 94 percent as the value rose 17 percent over Monday, resulting in 10 securities traded, compared to six on Monday and ended with five rising, one declining and four ending unchanged as the JSE USD Equities Index surged 19.96 points to end at 250.48.
Overall, just 12,060 shares were traded for US$7,847 compared to 189,439 units at US$6,710 on Monday.
Trading averaged 1,206 units at US$785, compared to 31,573 shares at US$1,118 on Monday, with a month to date average of 39,113 shares at US$2,107 compared with 45,431 units at US$2,327 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 one stock ended with bids higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.48 of a cent in closing at 7.48 US cents with investors transferring 347 shares, Margaritaville popped 2.98 cents to close at 12.99 US cents with 30 units changing hands, Productive Business Solutions advanced 30 cents to end at US$2.20 after trading two stocks. 
Proven Investments rallied 0.46 of a cent to 18.99 US cents after exchanging 4,680 stock units, Sterling Investments ended at 1.99 US cents in trading 196 shares, Sygnus Credit Investments USD share remained at 10 US cents, with 167 stocks crossing the market and Sygnus Real Estate Finance USD share remained at 8.5 US cents and closed with 1,526 stock units changing hands.
In the preference segment, Productive Business 9.25% preference share shed 89 cents to close at US$11.11 in an exchange of 161 units, after trading at an intraday 52 weeks’ high of US$14.10, Equityline Mortgage Investment preference share ended at US$1.64 with the transfer of one stock and JMMB Group 6% climbed 1.98 cents in closing at US$1 in switching ownership of 4,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 151 percent rise in the volume of stocks changing hands, valued being 37 percent less than on Friday, resulting from trading in six securities, compared to three on Friday, with two rising, three declining and one ending unchanged.
Overall, 189,439 shares were traded for US$6,710 compared to 75,479 units at US$10,720 on Friday.
Trading averaged 31,573 shares at US$1,118 compared with 25,160 units at US$3,573 on Friday, with a month to date average of 45,431 shares at US$2,327 compared with 46,970 units at US$2,461 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index fell 2.11 points to 230.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 one with a lower offer.
At the close, First Rock Real Estate USD share shed 0.39 of a cent to end at 7 US cents with 404 shares crossing the market, Proven Investments lost 0.47 of one cent to end at 18.53 US cents with an exchange of 8,952 stock units, 
Sygnus Credit Investments USD share rallied 0.48 of one cent in closing at 10 US cents as 28,037 stocks passed through the market and Transjamaican Highway rose 0.07 of a cent to 0.97 of one US cent after exchanging 151,900 units.
In the preference segment, Productive Business 9.25% preference share remained at US$12 with a transfer of 76 units and JMMB Group 6% fell 8.94 cents in closing at 98.02 US cents with 70 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading fell on the Jamaica Stock Exchange US dollar market on Friday, with a 90 percent fall in the volume of stocks changing hands with the value down 48 percent lower than on Thursday, resulting in only three securities trading compared to six on Thursday with two rising, no declining and one ending unchanged.
Overall, 75,479 shares were traded for US$10,720 compared with 768,092 units at US$20,748 on Thursday.
Trading averaged 25,160 units at US$3,573 versus 128,015 shares at US$3,458 on Thursday, with a month to date average of 46,970 shares at US$2,461 compared with 48,253 units at US$2,396 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index advanced 1.00 points to end at 232.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed to include the last traded stock price and earnings per share projected ICInsider.com for companies with financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments climbed 0.47 of a cent in closing at 19 US cents after 38,351 shares were traded, Sygnus Credit Investments USD share gained 0.01 of a cent to close at 9.52 US cents with 20,400 stocks changing hands and Sygnus Real Estate Finance USD share remained at 8.5 US cents after investors traded 16,728 stock 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 on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 155 percent and valued 385 percent more than on Wednesday, resulting in six securities traded, which is similar to that on Wednesday with two rising, three declining and one ending unchanged.
Overall, 768,092 shares were exchanged for US$20,748 compared with 301,506 units at US$4,280 on Wednesday.
Trading averaged 128,015 units at US$3,458, versus 50,251 shares at US$713 on Wednesday, with month to date average of 48,253 shares at US$2,396 compared with 37,618 units at US$2,255 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.15 points to end at 231.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share rose 0.39 of a cent to 7.39 US cents after trading 1,010 shares, 
Proven Investments declined 0.46 of a cent to close at 18.53 US after trading 1,780 stock units, Sterling Investments climbed 0.18 of a cent in closing at 1.99 US cents with an exchange of 9,531 stocks. Sygnus Credit Investments USD share ended at 9.51 US cents after investors exchanged 40,960 units and Transjamaican Highway dropped 0.06 of a cent after ending at 0.9 of one US cent after a transfer of 709,811 stocks.
In the preference segment, JMMB Group 5.75% fell 4 cents to end at US$1.97 with a transfer of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pull back for JSE USD Market
Trading on Wednesday ended with a 172 percent jump in the volume of stocks changing hands even as the value fell by 79 percent below Tuesday’s level on the Jamaica Stock Exchange US dollar market and resulted in six securities traded, down from nine on Tuesday with one rising, three declining and two ending unchanged.
Overall, 301,506 shares were traded for US$4,280 compared to 110,724 units at US$19,925 on Tuesday.
Trading averaged 50,251 units at US$713 versus 12,303 shares at US$2,214 on Tuesday, with a month to date average of 37,618 shares at US$2,255 compared with 35,675 units at US$2,492 on the previous day. January ended with an average of 48,604 units for US$4,865. The JSE USD Equities Index fell 3.17 points to end at 232.78.
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 three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, Margaritaville shed 2.99 cents in closing at 10.01 US cents in an exchange of 1,306 shares, 
Proven Investments rose 0.48 of a cent to close at 18.99 US cents after a transfer of 3,524 stocks, Sygnus Credit Investments USD share fell 0.49 of a cent to end at 9.51 US cents, with 7,600 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents trading 1,166 units and Transjamaican Highway dipped 0.01 of a cent, ending at 0.96 of one US cent while exchanging 287,907 units.
In the preference segment, JMMB Group 5.75% remained at US$1.7365 in switching ownership of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rises Junior Market slips
The Main Market of the Jamaica Stock Exchange rose at the close of trading on Wednesday and the Junior and the USD Markets declined moderately with the volume and value of stocks trading remaining fairly consistent with that on Tuesday.
Trading resulted in an exchange of 18,817,620 shares, up from 17,343,337 units on Monday, valued at $120.2 million, compared with $122.33 million on the previous day. Trading on the JSE USD market resulted in investors exchanging shares traded for US$4,280 versus US$19,925 on Tuesday.
At the close, the Combined Market Index climbed 1,375.51 points to 347,856.59, the All Jamaican Composite Index rallied 3,460.05 points to 379,290.64, the JSE Main Index gained 1,544.69 points to close at 334,462.13, the Junior Market slipped 3.17 points to 3,905.52 and the JSE US dollar market dipped 1.18 points to end at 232.78.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 13.1 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 investment decisions by 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 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.
Trading down for JES USD market
Trading dipped on the US dollar market Jamaica Stock Exchange on Tuesday, with a 75 percent fall in the volume of stocks changing hands and leading to a 17 percent drop in value compared to Monday and resulting in nine securities traded, compared to eight on Monday with two rising, four declining and five left unchanged.
Overall, 110,724 shares were traded for US$19,925 down from 441,584 units at US$23,988 on Monday.
Trading averaged 12,303 units at US$2,214 versus 55,198 shares at US$2,999 on Monday, with a month to date average of 35,675 shares at US$2,492 compared with 42,687 units at US$2,575 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.18 points to end at 235.95.
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 no stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share remained at 7 US cents, with 1,707 shares changing hands, Productive Business Solutions dipped 1 cent to US$1.90 after trading at 20 stock units, Proven Investments lost 1.49 cents to end at 18.51 US cents in an exchange of 42,342 units. 
Sterling Investments declined 0.18 of a cent to close at 1.81 US cents, with 1,500 stocks crossing the market, Sygnus Credit Investments USD share climbed 0.02 of a cent in ending at 10 US cents, with 45,232 units passing through the exchange, Sygnus Real Estate Finance USD share ended at 8.5 US cents closed after 5,949 shares changed hands and Transjamaican Highway remained at 0.97 of one US cent with 8,668 stocks clearing the market.
In the preference segment, JMMB Group 5.75% ended at US$2.01 in exchanging 1,300 stock units and JMMB Group 6% rose 8.96 cents to close at US$1.0696 while trading 4,006 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market jumps on Monday
In Monday’s trading on Monday, the market Index rallied 13.69 points to end at 237.13 on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 52 percent valued 15 percent more than on Friday and resulting in eight securities traded, similar to Friday and closed with prices of two rising, three declining and three ending unchanged.
Overall, 441,584 shares were traded for US$23,988 up from 291,324 units at US$20,906 on Friday.
Trading averaged 55,198 units at US$2,999 versus 36,416 shares at US$2,613 on Friday, with a month to date average of 42,687 shares at US$2,575 compared with 38,137 units at US$2,421 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. 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 none ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 7 US cents, with 4,725 shares crossing the market, 
Margaritaville shed 1.1 cents after ending at 13 US cents and finishing with 58 units trading, Productive Business Solutions rose 21 cents to end at US$1.91 with an exchange of 431 stock units. Proven Investments remained at 20 US cents after investors traded 25,700 stocks, Sygnus Real Estate Finance USD share dropped 0.4 cents in closing at 8.5 US cents in switching ownership of 29,283 stocks and Transjamaican Highway increased 0.05 cents in closing at 0.97 US cents after exchanging 369,493 shares.
In the preference segment, JMMB Group 5.75% ended at US$1.7365 as 131 units passed through the market and JMMB Group 6% declined 2 cents to 98 US cents after an exchange of 11,763 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.