Trading on the Jamaica Stock Exchange US dollar market ended on Monday with an 83 percent increase in the volume of stocks exchanged, valued 174 percent more than on Friday, resulting in 11 securities traded, compared to 10 on Friday with one rising, three declining and seven ending unchanged.
Overall, 334,981 shares were traded for US$60,270 compared to 182,935 units at US$22,001 on Friday.
Trading averaged 30,453 units at US$5,479, up from 18,294 shares at US$2,200 on Friday, with month to date average of 28,503 shares at US$3,622 versus 28,308 units at US$3,437 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 1.62 points to end at 228.89.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock 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 remained at 7.1 US cents after 36,000 shares were exchanged, Productive Business Solutions ended at US$1.70 after a transfer of two units, Proven Investments rose 2.79 cents to 20 US cents while trading 284,461 stocks. 
Sterling Investments lost 0.05 of a cent to end at 1.95 US cents, with 2,590 stock units crossing the market, Sygnus Credit Investments J$ share ended at 14.62 US cents in an exchange of one stock, Sygnus Credit Investments USD share declined 0.88 of a cent in closing at 9.1 US cents with the swapping of 10,678 units. Sygnus Real Estate Finance USD share fell 0.5 of a cent after ending at 10.5 US cents with 1,036 shares changing hands and Transjamaican Highway remained at 0.92 of one US cent after trading 210 stock units,
In the preference segment, Eppley 6% preference share ended at US$1.13 finishing at one share. Equityline Mortgage Investment preference share remained at US$1.67 in exchanging one stock unit and JMMB Group 5.75% remained at US$1.50 with an exchange of 1 unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More stocks fell than rose on the JSE USD Market
JSE USD Market plunges
The JSE US Denominated Equities market suffered a major reversal in trading on Friday, with the market index plunging 29.58 points to 227.27 after the major rise earlier in the week resulting from a big move by Productive Business Solutions was reversed and Proven Investments falling to a 52 weeks’ low as trading ended, with the volume of stocks exchanged rising 174 percent, valued 222 percent more than Thursday’s trades and resulting in an exchange of 10 securities, the same as on Thursday and ended with two rising, two declining and six unchanged.
A total of 182,935 shares were traded for US$22,001 compared to 66,713 units at US$6,828 on Thursday.
Trading averaged 18,294 units at US$2,200, versus 6,671 shares at US$683 on Thursday, with month to date average of 28,308 shares at US$3,437 versus 29,309 units at US$3,560 on the previous day. October ended with an average of 40,972 units for US$2,277.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and none with lower offers.
At the close, First Rock Real Estate USD share dipped 0.5 of a cent in closing at 7.1 US cents with an exchange of 20,000 shares, Productive Business Solutions remained at US$1.70 while exchanging ten stocks, Proven Investments lost 1.41 cents to end at a 52 weeks’ low of 17.21 US cents and closed with an exchange of 23,176 units. Sterling Investments rallied 0.1 of a cent to 2 US cents, with 105,000 stock units changing hands, 
Sygnus Credit Investments J$ share ended at 14.62 US cents, with investors exchanging three units, Sygnus Real Estate Finance USD share ended at 11 US cents with a transfer of 8,321 shares and Transjamaican Highway remained at 0.92 of one US cent after an exchange of 17,902 stock units.
In the preference segment, Productive Business 9.25% preference share advanced 90 cents to end at US$11.90 after 20 stocks passed through the market, Eppley 6% preference share remained at US$1.13 after a transfer of 3 shares and JMMB Group 5.75% ended at US$1.50 in switching ownership of 8,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bounce for JSE USD Market
The Jamaica Stock Exchange US dollar market bucked the negative trend in the rest of the market and bounced on Thursday, after an 837 percent increase in the volume of stocks exchanged, valued at 393 percent more than on Wednesday and resulting in the trading of 10 securities, up from six on Wednesday, with two rising, five declining and three ending unchanged.
Overall, 66,713 shares were traded for US$6,828, up from 7,120 units at US$1,384 on Wednesday.
Trading averaged 6,671 units at US$683 up from 1,187 shares at US$231 on Wednesday, with month to date average of 29,309 shares at US$3,560 down from 31,824 units at US$3,880 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index jumped 14.05 points to end at 256.85, with the market rising 34.4 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy dipped 0.01 of a cent to close at 64.99 US cents in exchanging 30 shares, Productive Business Solutions shed 30 cents to end at US$1.70 after hitting a record high of 42.25 while exchanging 51 stock units, Proven Investments dipped 0.39 of a cent to 18.62 US cents with investors transferring 14,937 units and 
Sterling Investments lost 0.2 of one cent in ending at 1.9 US cents with the swapping of 36,108 stocks. Sygnus Credit Investments J$ share remained at 14.62 US cents in exchanging seven stock units, Sygnus Credit Investments USD share rallied 0.04 cents to close at 9.98 US cents as investors exchanged 11,500 stock units and Transjamaican Highway declined 0.01 of one cent in closing at 0.92 US cents after investors finished trading of at 2,490 shares.
In the preference segment, Productive Business 9.25% preference share ended at US$11 after exchanging 31 units, Eppley 6% preference share advanced 1 cent to end at US$1.13, with 386 stocks changing hands and JMMB Group 6% remained at US$1.07 after the trading of 1,173 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp trading bounce on Jamaica Stock Exchange
Trading bounced sharply on the Jamaica Stock Exchange on Thursday, with the JSE USD Market climbing to a yearly high after recording a rise of 31.4 percent for the year to date, but the Main and Junior markets suffered sharp and helped to push the Combined Market indices down 4,923.38 points to 352,136.93 at the close.
The JSE Main Index dropped 4,895.36 points to 338,875.74, the Junior Market Index dropped 38.65 points to 3,933.61, while the All Jamaica Composite Index dived 6,059.36 points to 383,337.04 and the JSE US dollar market surged 14.05 points to end at 256.85.
Trading ended, with 46,225,825 shares changing hands, for $261.96 million, versus $124.6 million, with 31,805,998 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$6,828 from US$1,384 on Wednesday.
The market’s PE ratio ended at 22.4 based on 2021-22 earnings and 12.2 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.
JSE USD Market slips on Wednesday
The Jamaica Stock Exchange US dollar market closed on Wednesday with a 99 percent fall in the volume of stocks traded following the 98 percent decline in funds coming to the market compared with Tuesday, resulting in six securities traded, down from 11 on Tuesday with one rising, three declining and two ending unchanged.
Overall, 7,120 shares were traded for US$1,384 down sharply from 539,675 units at US$65,957 on Tuesday.
Trading averaged 1,187 units at US$231 versus 49,061 shares at US$5,996 on Tuesday, with a month to date average of 31,824 shares at US$3,880 versus 34,013 units at US$4,141 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index slipped 2.60 points to end at 242.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Productive Business Solutions remained at US$2 after finishing the trading of 50 shares, Proven Investments dropped 0.99 of a cent to 19.01 US cents, with 4,387 stocks clearing the market, 
Sterling Investments rallied 0.15 of a cent to close at 2.1 US cents with an exchange of 1,778 units and Sygnus Credit Investments USD share shed 0.05 of a cent in closing at 9.94 US cents with the swapping of 874 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$11 passed with 30 unit passing through the market and JMMB Group 6% dipped 2 cents to close at US$1.07 after a transfer of one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 103 percent, with 179 percent value than on Monday, resulting from trading in 11 securities, compared to seven on Monday with prices of three rising, two declining and six unchanged.
A total of 539,675 shares were traded for US$65,957 compared with 266,444 units for US$23,622 on Monday.
Trading averaged 49,061 units at US$5,996, up from 38,063 shares at US$3,375 on Monday, with the month to date average of 34,013 shares at US$4,141 compared with 31,745 units at US$3,861 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 1.32 points to end at 245.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close, First Rock Real Estate USD share fell 0.37 of one cent to close at 7.6 US cents, with the swapping of 12,240 shares, Margaritaville ended at 14 US cents while exchanging eight stocks, Productive Business Solutions remained at US$2 as one stock unit crossed the market. Proven Investments rallied 1 cent to 20 US cents after a transfer of 296,697 units,
Sterling Investments ended at 1.95 US cents after 8,544 units passed through the market, Sygnus Credit Investments USD share climbed 0.88 of a cent to 9.99 US cents after exchanging 28 shares. Sygnus Real Estate Finance USD share remained at 11 US cents after trading ten stocks and Transjamaican Highway advanced 0.02 of a cent to 0.93 of one US cent after an exchange of 220,195 stock units.
In the preference segment, Eppley 6% preference share lost 1 cent after ending at US$1.12 with trading of just one unit, Equityline Mortgage Investment preference share remained at US$1.67 in an exchange of one stock and JMMB Group 5.75% ended at US$2 with an exchange of 1,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks soften on JSE US Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 347 percent jump in the volume of stocks exchanged after a 33 percent rise in value on Friday, resulting in seven securities traded, similar to Friday with one rising, five declining and one ending unchanged, but the market closed with negative sentiment as shown by the Investor’s Choice bid-offer indicator.
A total of 266,444 shares were traded for US$23,622 compared to 59,640 units at US$17,809 on Friday.
Trading averaged 38,063 units at US$3,375 up from 8,520 shares at US$2,544 on Friday, with month to date average of 31,745 shares at US$3,861 versus 31,075 units at US$3,913 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 3.43 points to end at 244.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and five with lower offers.
At the close, First Rock Real Estate USD share rallied 0.87 of a cent to end at 7.97 US cents in an exchange of 8,019 shares, 
Proven Investments lost 0.98 of one cent in closing at 19 US cents while exchanging 69,608 units, Sterling Investments declined 0.05 of a cent after ending at 1.95 US cents and trading 12,640 stock units. Sygnus Credit Investments USD share shed 0.01 of a cent to 9.11 US cents and closed with 25,500 stocks changing hands, Sygnus Real Estate Finance USD share fell 0.64 of a cent to close at 11 US cents in switching ownership of 8,963 stock units and Transjamaican Highway dropped 0.04 of a cent after ending at 0.91 of one US cents in exchanging 138,395 shares.
In the preference segment, JMMB Group 5.75% ended at US$1.50 with the swapping of 3,319 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market up 27% for the year
The stock of Productive Business Solutions surged sharply when trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining and value rising moderately over Thursday, resulting in an exchange of seven securities, compared to eight on Thursday with three rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index surged 19 percent after adding 38.74 points to end at 247.51, up 26.6 percent for the year to date.
Overall, 59,640 shares traded for US$17,809 versus 65,606 units at US$16,127 on Thursday.
Trading averaged 8,520 units at US$2,544 compared to 8,201 shares at US$2,016 on Thursday, with month to date average of 31,075 shares at US$3,913 versus 33,751 units at US$4,075 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real EstateUSD share lost 0.88 of a cent to close at 7.1 US cents, with 4,000 shares clearing the market, 
Productive Business Solutions jumped 62 cents to a 52 weeks’ high of US$2 after exchanging five units, Proven Investments popped 0.98 of one cent ending at 19.98 US cents in exchanging 205 stocks. Sygnus Credit Investments USD share shed 0.88 of a cent to end at 9.12 US cents with 2,814 stock units crossing the market and Transjamaican Highway rallied 0.01 of a cent to 0.95 of a US cent with investors transferring 41,500 units.
In the preference segment, Productive Business 9.25% preference share fell US$1 to end at US$11 with a transfer of 16 stocks and JMMB Group 5.75% ended at US$1.50 in trading 11,100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Just gains no losses
The Jamaica Stock Exchange US dollar market ended trading on Thursday, with the volume of stocks exchanged declining 89 percent with a 12 percent reduction in value compared with activities on Wednesday, resulting in eight securities traded, up from six on Wednesday with four rising, no declining and four ending unchanged.
Just 65,606 shares were traded for US$16,127, down from 622,317 units at US$18,378 on Wednesday.
Trading averaged 8,201 units at US$2,016 versus 103,720 shares at US$3,063 on Wednesday, with a month to date average of 33,751 shares at US$4,075 compared with 37,759 units at US$4,398 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index rose 3.50 points to end at 208.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and two with lower offers.
At the close, Margaritaville ended at 14 US cents, with 13 shares crossing the exchange, Proven Investments advanced 0.34 of one cent after ending at 19 US cents in switching ownership of 28,919 stock units, Sygnus Credit Investments USD share ended at 10 US cents in trading 974 stocks.
Sygnus Real Estate Finance USD share remained at 11.64 US cents as seven shares passed through the market and Transjamaican Highway increased 0.05 cents to end at 0.94 US cents in an exchange of 28,819 units.
In the preference segment, Productive Business 9.25% preference share climbed US$1 to end at US$12 after an exchange of one share. JMMB Group 5.75% ended at US$1.50 with a transfer of 6,840 stocks and JMMB Group 6% rallied 2 cents in closing at US$1.09 with 33 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE markets fall with increased trades
On a day when the major markets of Jamaica Stock Exchange declined, the JSE US dollar market bucked the negative trend to post a moderate rise on Thursday and leading the JSE Combined Market Index to fall 3,957.16 points to close at 358,064.16 after the trading levels increased noticeably over trading on Wednesday.
The JSE Main Index fell 3,773.19 points to 343,916.81, the Junior Market Index dropped 47.70 points to close at 4,058.71 points while the All Jamaica Composite Index climbed 2,281.94 points to 392,649.24 and the JSE US dollar market rose 3.50 points to end at 205.27.
Trading ended, with only 19,817,542 shares changing hands, for a mere $113.18 million, versus $35.44 million, with 10,130,062 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded amounting to US$18,378 from US$5,593 on Tuesday.
The market’s PE ratio ended at 23.8 based on 2021-22 earnings and 12.7 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.