Trading jumps on JSE USD Market

Trading surged on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 259 percent with a 572 percent higher value than on Monday, resulting from trading of 10 securities, compared to 11 on Monday with five rising, two declining and three unchanged.
Overall, 1,284,881 shares were traded for US$85,810 compared to 358,019 units at US$12,771 on Monday.
Trading averaged 128,488 units at US$8,581 compared with 32,547 shares at US$1,161 on Monday, with a month to date average of 38,654 shares at US$2,744 versus 21,704 units at US$1,643 on the previous trading day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index lost 0.87 points to end at 217.04.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real EstateUSD share gained 1.34 cents to close at 8 US cents, with investors transferring 350,435 shares, MPC Caribbean Clean Energy fell 20 cents to a 52 weeks’ low of 80 US cents after exchanging 30 stock units, Proven Investments remained at 20 US cents, with 205,747 units crossing the market. Sterling Investments climbed 0.25 of a cent in closing at 2.25 US cents after an exchange of 24,547 stock units, Sygnus Credit Investments J$ share popped 0.03 of a cent to 15.63 US cents, with 12 units changing hands, Sygnus Credit Investments USD share increased 1.2 cents to close at 10.62 US cents with the swapping of 100 stocks and Transjamaican Highway rose 0.08 of a cent to 1 US cent after trading 699,900 shares.
In the preference segment, Productive Business 9.25% preference share ended at US$10.60 in switching ownership of 416 stock units, JMMB Group 5.75% ended at US$1.84 in trading 3,622 stock units and JMMB Group 6% dipped 1 cent to US$1.06 in an exchange of 72 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for the JSE USD market

Investors traded just a tad fewer shares on the Jamaica Stock Exchange US dollar market ended on Monday with a 53 percent lower value than on Friday, resulting in 11 securities traded, compared to five on Friday with two rising, six declining and three ending unchanged.
Investors traded 358,019 shares for US$12,771, down from 358,034 units at US$26,938 on Friday.
Trading averaged 32,547 units at US$1,161 down from  71,607 shares at US$5,388 on Friday, with a month to date average of 21,704 shares at US$1,643 versus 18,864 units at US$1,769 on the previous trading day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index fell 4.6 points to end at 217.91.
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 price and one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.84 off a cent to end at 6.66 US cents with a transfer of 102,520 shares, Margaritaville ended at 14.98 US cents, with 1,950 stocks changing hands, Proven Investments dropped 1.5 cents in closing at 20 US cents in switching ownership of 10,328 units. Sterling Investments lost 0.2 of a cent to 2 US cents, clearing the market, Sygnus Credit Investments USD share shed 1.21 cents after ending at 9.42 US cents, with 1,361 stock units changing hands and Transjamaican Highway fell 0.06 of a cent to end at 0.92 of one US cent after trading 236,064 units.
In the preference segment, Productive Business 9.25% preference share remained at US$10.60 after 22 shares were exchanged, Eppley 6% preference share rose 11 cents to US$1.13 trading one stock unit, Equityline Mortgage Investment preference share ended at US$1.85 with an exchange of one stock unit. JMMB Group 5.75% advanced 14 cents to close at US$1.84 with one share crossing the exchange and JMMB Group 6% dipped 0.8 of a cent in closing at US$1.07 as investors exchanged one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market extends 2022 gains to14%

Trading on the Jamaica Stock Exchange US dollar market ended on Friday with the volume of stocks exchanged rising 335 percent and valued 225 percent more than on Thursday, resulting in five securities trading, compared to seven on Thursday with one rising, two declining and two ending unchanged, resulting in the JSE US Denominated Equities Index gaining 1.25 points to end at 222.51, up 13.8 percent year to date.
Overall, 358,034 shares were exchanged for US$26,938 compared to 82,254 units at US$8,280 on Thursday.
Trading averaged 71,607 shares at US$5,388, up from 11,751 stock units at US$1,183 on Thursday, with a month to date average of 18,864 shares at US$1,769 versus 11,737 units at US$1,280 on the previous day. September ended with an average of 87,926 shares for US$4,746.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com  forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than its last selling price and three with lower offers.
At the close, First Rock Real Estate USD share popped 0.8 of a cent in closing at 7.5 US cents while exchanging 350,000 shares, Productive Business Solutions ended at US$1.39 after a transfer of 1,058 stock units, Proven Investments remained at 21.5 US cents trading 1,925 stocks and Transjamaican Highway dropped 0.01 cent to end at 0.98 US cent in an exchange of 4,551 units.
In the preference segment, Eppley 6% preference share dipped 11 cents after ending at US$1.02 with investors transferring 500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE US dollar market races higher

The volume of stocks exchanged by investors on Thursday climbed 180 percent on the Jamaica Stock Exchange US dollar market but at 28 percent lower value than on Wednesday, resulting in movement in seven securities, compared to 10 on Wednesday with four rising, one declining and two ending unchanged.
A total of 82,254 shares were exchanged for US$8,280 compared to 29,412 units at US$11,534 on Wednesday. Trading averaged 11,751 units at US$1,183 versus 2,941 shares at US$1,153 on Wednesday, with a month to date average of 11,737 shares at US$1,280 in line with the 11,733 units at US$1,303 on the previous day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index climbed 4.42 points to end at 221.26.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio uses CInsider.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 one stock with a lower offer.
At the close, First Rock Real Estate USD share increased by 0.8 of a cent in closing at 6.7 US cents with investors transferring 128 shares, Proven Investments rallied 1.5 cents to close at 21.5 US cents after a transfer of 12,042 units, Sterling Investments fell 0.01 cent to 2.2 US cents in switching ownership of 561 stock units. Sygnus Credit Investments USD share gained 1.63 cents in ending at 10.63 US cents after trading 25,054 stocks, Sygnus Real Estate Finance USD share rose 1.52 cents to end at 11.62 US cents in an exchange of 1,009 stock units and Transjamaican Highway remained at 0.99 of a US cent after trading 42,018 shares.
In the preference segment, JMMB Group 5.75% ended at US$1.70 as investors exchanged 1,442 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falls on JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 81 percent, with 32 percent less value than on Tuesday, resulting in 10 securities trading, down from 14 on Tuesday with two rising, five declining and three ending unchanged, with the JSE US Denominated Equities Index losing 0.45 points to end at 216.84.
A total of 29,412 shares were traded for US$11,534 compared to 157,281 units at US$16,865 on Tuesday.
Trading averaged 2,941 units at US$1,153 versus 11,234 shares at US$1,205 on Tuesday, with A month to date average of 11,733 shares at US$1,303 versus 16,129 units at US$1,378 on the previous day. September ended with an average of 87,926 units for US$4,746.
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 the bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.86 of a cent after ending at 5.9 US cents, with 3,099 shares clearing the market, MPC Caribbean Clean Energy ended at US$1, with 4 stock units changing hands, Proven Investments remained at 20 US cents after a transfer of 12,507 stocks. Sterling Investments declined 0.04 of a cent to close at 2.21 US cents with a transfer of 3,745 units, Sygnus Credit Investments J$ share dropped 0.03 of a cent to 15.6 US cents in switching ownership of 18 units, Sygnus Real Estate Finance USD share advanced 0.1 of a cent after ending at 10.1 US cents with an exchange of one stock unit and Transjamaican Highway lost 0.01 of a cent to close at 0.99 of one US cent with the swapping of 5,000 stocks.
In the preference segment, Productive Business 9.25% preference share rallied 10 cents to end at US$10.60 in trading 12 shares, Equityline Mortgage Investment preference share remained at US$1.85 in exchanging 26 shares and JMMB Group 5.75% fell 5 cents in closing at US$1.70 as investors exchanged 5,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fall for all Jamaican stock markets

All three Jamaica Stock Exchange markets declined on Wednesday, with the Main having the greatest retreat. The Junior Markets fell but far less than the 59 points on Tuesday, while the JSE USD market suffered a mild fall, after the volume of socks traded fell but with higher value than Tuesday, leaving the JSE Combined Index, a measure of the overall market, falling 4,180.07 points to 369,044.99.
The All Jamaican Composite Index dropped 4,899.45 points to 405,205.12, the JSE Main Index fell 4,260.42 points to 355,012.14, the Junior Market Index shed 22.10 points to 4,126.19 and the JSE USD Market Index slipped 0.45 points to close 216.84.
Trading ended, with 23,968,005 shares changing hands, valued at $186.4 million shares up from $150.7 million, with 32,492,408 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$11,486 from US$16,860 on Tuesday.
The market’s PE ratio ended at 23.9 based on 2021-22 earnings and 12.8 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 expansion for JSE USD stocks

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged declining, with 58 percent more value than on Monday, resulting in trading of 14 securities, up from just six on Monday with prices of three rising, five declining and six ending unchanged.
a total of 157,281 shares were traded, for US$16,865 compared to 165,305 units at US$10,692 on Monday.
Trading averaged 11,234 units at US$1,205 versus 27,551 shares at US$1,782 on Monday, with a month to date average of 16,129 shares at US$1,378. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index rose 4.63 points to end at 217.29.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 the bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.02 of a cent in closing at 6.76 US cents after trading market 1,470 shares, Margaritaville dropped 0.01 of a cent in ending at 14.98 US cents after a transfer of 1,045 units, MPC Caribbean Clean Energy remained at US$1, with four stocks crossing the exchange. Productive Business Solutions ended at US$1.39 with a transfer of 4 stock units, Proven Investments ended at 20 US cents in switching ownership of 5,328 stocks, Sterling Investments advanced 0.14 of one cent to 2.25 US cents while exchanging 22,948 stock units. Sygnus Credit Investments J$ share popped 0.63 of a cent in closing at 15.63 US cents and exchanging 8 shares, Sygnus Credit Investments USD share declined 0.77 of one cent to 9 US cents in exchanging 10,800 units, Sygnus Real Estate Finance USD share lost 2.93 cents to end at 10 US cents as investors exchanged 4,600 stocks. Transjamaican Highway remained at 1 US cent in trading 107,110 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$10.50, with 650 shares crossing the market, Equityline Mortgage Investment preference share remained at US$1.85 with an exchange of 3 units, JMMB Group 5.75% shed 1 cent in ending at US$1.75, with 3,123 stock units changing hands and JMMB Group 6% rallied 9.8 cents in closing at US$1.078 with investors transferring 188 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD trading drops

Trading dropped sharply from Friday’s levels to start October on a down note on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining 96 percent compared to Friday, with 79 percent lesser valued, resulting in the trading of six securities, compared to seven on Friday with one rising, three declining and two left unchanged.
Investors traded 165,305 shares for US$10,692, compared to 3,796,627 units at US$51,064 on Friday.
Trading averaged 27,551 shares at US$1,782, down from 542,375 units at US$7,295 on Friday. September ended with an average of 87,926 shares for US$4,746.
The JSE US Denominated Equities Index lost 2.89 points to end at 212.66.
The PE Ratio, a measure used to compute appropriate stock values, averages 8.9. 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, First Rock Real Estate USD share declined 0.04 of a cent to 6.78 US cents, with 33,107 shares changing hands, Proven Investments remained at 20 US cents, with 13,261 stock units crossing the market, Sygnus Real Estate Finance USD share gained 0.56 of one cent to end at 12.93 US cents with an exchange of 153 stocks and Transjamaican Highway fell 0.02 of a cent in ending at 1 US cent in trading 118,065 units.
In the preference segment, Productive Business 9.25% preference share ended at US$10.50 with 419 units clearing the market and JMMB Group 6% shed 10.99 cents in ending at 98 US cents trading 300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New listing for JSE US dollar market

Productive Business 9.25% preference share was added to the Jamaica Stock Exchange US dollar market this week with the trading on Friday and rising by the close. The volume of stocks traded in the overall market on Friday, climbed 17 percent, with 8 percent less value than on Thursday, resulting in seven securities traded, similar to Thursday and ended with three rising, four declining and none ending unchanged.
Overall, 3,796,627 shares were traded for US$51,064 compared to 3,235,927 units at US$55,292 on Thursday.
Trading averaged 542,375 shares at US$7,295 versus 462,275 units at US$7,899 on Thursday, with a month to date average of 87,926 shares at US$4,746 versus 68,044 units at US$4,634 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 0.66 points to end at 215.55.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 a lower offer.
At the close, First Rock Real Estate USD share shed 0.08 of a cent to end at 6.82 US cents in swapping 6,367 shares, Proven Investments fell 1 cent to 20 US cents with a transfer of 500 units, Sterling Investments popped 0.02 of a cent to 2.11 US cents after trading 28,086 stock units. Sygnus Credit Investments USD share lost 1.21 cents to close at 9.77 US cents, with 2,000 stocks crossing the exchange and Transjamaican Highway gaining 0.03 of a cent to end at 1.02 US cents after exchanging 3,757,139 units.
In the preference segment, the newly listed Productive Business 9.25% preference share rose US$0.50 to a new high of US$10.50 with investors transferring 894 stock units and JMMB Group 5.75% declined 4 cents to US$1.76 after exchanging 1,641 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

6 days of gains for JSE US dollar market

The Jamaica Stock Exchange US dollar market rose for a sixth consecutive on Thursday, with a 175 percent rise in the volume of stocks exchanged, and a 214 percent rise in value over Wednesday, resulting in the trading of seven securities, compared to eight on Wednesday, with four rising, one declining and two ending unchanged.
Investors traded 3,235,927 shares for US$55,292, sharply up from 174,023 units at US$17,600 on Wednesday.
Trading averaged 462,275 units at US$7,899 from 21,753 shares at US$2,200 on Wednesday, with a month to date average of 68,044 shares at US$4,634 compared to 50,007 units at US$4,485 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index gained 6.54 points to end at 216.21.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 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 climbed 0.97 of one cent to 6.9 US cents after exchanging 159,937 shares, Productive Business Solutions increased 6.75 cents to US$1.39 after 681 units were traded, Proven Investments rose 2 cents to close at 21 US cents with investors trading 61,193 stocks. Sygnus Credit Investments USD share remained at 10.98 US cents as investors exchanged 10,564 stock units, Sygnus Real Estate Finance USD share dropped 0.01 of a cent to end at 12.37 US cents with the swapping of 3,545 stocks and Transjamaican Highway rallied 0.06 of a cent to end at 0.99 of one US cent after a transfer of 3,000,000 shares.
In the preference segment, Eppley 6% preference share ended at US$1.13 after 7 units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.