Trading activity fell on the Jamaica Stock Exchange US dollar market on Wednesday, with a 28 percent fall in the volume of stocks changing hands after a 31 percent decline in the value compared with Tuesday, resulting in trading in just four securities, down from seven on Tuesday with prices of two rising, one declining and one ending unchanged.
The market closed with an exchange of 233,494 shares for US$6,425 compared to 325,197 units at US$9,274 on Tuesday.
Trading for the day averaged 58,374 shares at US$1,606 compared to 46,457 shares at US$1,325 on Tuesday, with a month to date average of 38,241 shares at US$2,602 compared with 36,527 units at US$2,687 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index gained 4.38 points to conclude trading at 242.35.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share rose 0.05 of a cent to finish at 4.07 US cents, with 5,559 shares passing through the exchange, Sygnus Credit Investments lost 0.9 of one cent and ended at 7.1 US cents after a transfer of 24,793 units, Sygnus Real Estate Finance USD share ended at 9 US cents as investors exchanged 100 stocks and Transjamaican Highway climbed 0.23 of one cent to end at 2.23 US cents after 203,042 stock units passed through 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 plunged on the JSE on Wednesday
Trading plunged to a low level on the Jamaica Stock Exchange on Wednesday as market interest rates continued to rise with the Bank of Jamaica CD rate averaging 11.9 percent at Wednesday’s auction, the highest since interest rates were reversed from the low levels in 2021.
At the close of the market, the Main and JSE USD markets closed higher but the Junior Market that rose in the morning session continued to decline after a small rise on Tuesday, with trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 33 shares rising and 33 declining.
At the close of trading, the JSE Combined Market Index climbed 1141.55 points to close at 340,587.82, the All Jamaican Composite Index climbed 1,140.00 points to close at 367,649.84, the JSE Main Index rallied 1,376.12 points to 328,139.31. The Junior Market Index fell 25.49 points to culminate at 3,734.49 and the JSE USD Market Index gained 4.38 points to conclude trading at 242.35.
At the close of trading, 11,106,203 shares were exchanged in all three markets, down from 14,166,946 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounting to $33.36 million, well below the $51.59, million on the previous trading day and the JSE USD market closed with an exchange of 233,494 shares for US$6,425 compared to 325,197 units at US$9,274 on Tuesday.
In Main Market activity, Wigton Windfarm led trading with 4.43 million shares followed by Transjamaican Highway with 1.75 million stocks and Sagicor Select Financial Fund with 663,546 units.
In a low-keyed trading session on the Junior Market, Stationery and Office Supplies led trading with 251,673 shares followed by Fosrich with 228,475 units and Dolla Financial with 224,947 stock units.
In the preference segment, 138 Student Living preference share fell $2.03 in closing at $216 and Sygnus Credit Investments C10.5% increased $5 to finish at $106.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.9 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 place them 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 net asset value of each company is reported as a guide for investors 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 of the highest bid and the lowest offer for each company.
3 up 3 down for JSE USD market
Winners and losers shared the spoils in trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, resulting from trading in seven securities, down from nine on Monday with prices of three rising, three declining and one ending firm, following a 149 percent rise in the number of stocks that were exchanged valued moderately more than on Monday.
The market closed with an exchange of 325,197 shares for US$9,274 up from 130,853 units at US$9,068 on Monday.
Trading averaged 46,457 units at US$1,325 versus 14,539 shares at US$1,008 on Monday, with a month to date average of 36,527 shares at US$2,687 compared with 34,790 units at US$2,925 on the previous day and March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index fell 7.02 points to 237.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, MPC Caribbean Clean Energy gained 8 cents in closing at 62 US cents with 15 shares crossing the exchange, Productive Business Solutions skidded 11 cents to US$1.59 with investors trading 214 stocks, 
Proven Investments fell 0.11 of a cent to close at 14.76 US cents after a transfer of 324 shares. Sterling Investments ended at 1.6 US cents in switching ownership of 3,466 stocks and Transjamaican Highway dipped 0.17 of a cent to 2 US cents after exchanging 320,975 shares.
In the preference segment, Productive Business Solutions 9.25% preference share popped 25 cents to end at US$12.35 with investors swapping 95 stock units and Sygnus Credit Investments E8.5% increased 10 cents in closing at US$10.80 with 108 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Plenty price movements on JSE Main Market
Price movements at the close of trading on the Jamaica Stock Exchange Main Market were very fluid on Tuesday, with prices of 24 stocks rising, 29 declining and nine ending unchanged, with trading in 62 securities compared with 61 on Monday, with the volume of stocks traded declining 16 percent and the value 17 percent lower than on Monday.
Trading ended with the market closed with only 10,147,599 shares trading for a mere $42,871,556 down from 12,150,226 units at $51,541,445 on Monday.
Trading averaged 163,671 shares at $691,477 compared to 199,184 units at $844,942 on Monday and well off the month to date, an average of 1,766,120 units at $6,535,887 and 2,098,400 units at $7,747,771 on the previous day and March with an average of 828,473 units at $2,341,254.
Transjamaican Highway led trading with 2.74 million shares for 27 percent of total volume followed by Wigton Windfarm with 2.15 million units for 21.2 percent of the day’s trade and JMMB 9.5% preference share with 1.24 million units for 12.3 percent of the day’s trade.
The All Jamaican Composite Index sank 788.09 points to close at 366,509.84, the JSE Main Index lost 992.90 points to finish at 326,763.19 and the JSE Financial Index lost 0.29 points to culminate at 70.06.
The Main Market ended trading with an average PE Ratio of 13.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden declined 70 cents to close at $38 as investors exchanged 589 shares, Barita Investments gained 70 cents to land at $73.70 with a transfer of 838 shares, Caribbean Cement sank $2.50 to finish at $56 after an exchange of 29,949 units. Eppley skidded 38 cents and ended at $40 with investors trading 50 stocks, First Rock Real Estate rose $1.90 in closing at $9.90 in an exchange of 50 units, GraceKennedy climbed 82 cents to end at $73.97 with investors dealing in 132,516 shares. Guardian Holdings fell $10 to $360 in switching ownership of 60 stock units, Jamaica Broilers dropped 50 cents to close at $33 after an exchange of 14,338 stocks, Jamaica Producers shed $1.75 in closing at $21.80 with investors transferring 16,000 units. 
JMMB Group increased 90 cents to finish at $25.90, with 22,695 stocks crossing the market, Kingston Wharves popped $1.15 and ended at $30.40 in an exchange of 900 shares, Margaritaville lost $2.91 to end at $14.08 after investors ended the trading of 2,703 stock units. Mayberry Group advanced 40 cents in closing at $7.30 with an exchange of 15,840 shares, Mayberry Jamaican Equities dipped 85 cents to $10, with 28,300 units changing hands, NCB Financial slipped 35 cents to finish at $64.65 with traders dealing in 7,408 stocks. 138 Student Living rallied 47 cents and ended at $4.19 with 545 stock units clearing the market, Pan Jamaica increased $3.50 to end at $50 after a transfer of 1,491 shares, Proven Investments sank 82 cents to close at $21.61, with 49 stocks crossing the market. Scotia Group declined $2.20 to $45 in trading 23,733 units, Supreme Ventures shed 53 cents to finish at $23.77 after an exchange of 21,951 stock units and Wisynco Group lost 50 cents and ended at $20.50 after 221,780 shares passed through the market.
In the preference segment, Eppley 7.75% preference share skidded 50 cents in closing at $20 with 1,601 units being traded, Jamaica Public Service 9.5% popped $50 to end at $2,700 with investors swapping 9 stocks, 138 Student Living preference share gained 53 cents to close at $218.03, with 6 stock units crossing the market and Productive Business Solutions 10.5% preference share fell $10 to $1,100 with investors swapping 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market recovers some recent losses
Rising stocks outnumbered falling ones at the close of trading on the Junior Market of the Jamaica Stock Exchange on Tuesday, with activity in 44 securities compared to 45 on Monday and ending with prices of 18 rising, 13 declining and 13 closed unchanged following a with 60 percent decline in the volume of stocks traded, with 63 percent lower value than on Monday
Trading ended with an exchange of 3,694,150 shares for $8,717,041 down from 9,154,038 units at $23,562,473 on Monday.
Trading averaged 83,958 shares at $198,115, compared with 203,423 units at $523,611 on Monday with the month to date, averaging 149,309 units at $340,147 compared to 162,808 stock units at $369,487 on the previous day and March with an average of 221,659 units at $464,382.
Spur Tree Spices led trading with 887,601 shares for 24 percent of total volume followed by Dolla Financial with 450,473 units for 12.2 percent of the day’s trade and Derrimon Trading with 311,439 units for 8.4 percent market share.
At the close of trading, the Junior Market Index rallied 14.99 points to close at 3,759.98.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
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, Access Financial dropped $2.06 and ended at $19.80 crossing the exchange 50,337 shares, Cargo Handlers increased $1.40 to $13.90 with traders dealing in 23 units, Caribbean Cream popped 32 cents to end at $3.90 in an exchange of 139 shares. 
Caribbean Flavours fell 14 cents in closing at $1.56 with 32,003 stock units crossing the market, Dolphin Cove gained 29 cents to close at $19.70 with an exchange of 3,178 shares, Express Catering rose 24 cents to finish at $3.94 after 12,001 units passed through the market. Fontana skidded 33 cents to $8.66 as investors exchanged 71,814 stocks, Future Energy climbed 8 cents to end at $3.48 with a transfer of 92,469 stock units, Honey Bun advanced 8 cents in closing at $7.08 after an exchange of 17,379 shares. JFP Ltd rallied 7 cents and ended at $1.28 with investors transferring 63,260 stock units, Main Event sank 23 cents to close at $13.57, with 4,176 stocks changing hands and tTech increased 21 cents to finish at $2.22 with investors trading 9,035 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main & USD Markets fall, Junior rise
Stocks declined on the Main and US dollar markets of the Jamaica Stock Exchange in trading on Tuesday but the Junior Market closed moderately higher as trading ended with the number of stocks changing hands falling, with the value of stocks traded declining compared with the previous trading day, resulting in prices of 37 shares rising and 37 declining.
At the close of trading, the JSE Combined Market Index declined by 847.36 points to close at 339,446.27, the All Jamaican Composite Index shed 788.09 points to end trading at 366,509.84, while the JSE Main Index dropped 992.90 points to 326,763.19. The Junior Market Index rallied 14.99 points to 3,759.98 and the JSE USD Market Index skidded 7.02 points to end trading at 237.97.
At the close of trading, 14,166,946 shares were exchanged in all three markets, down from 21,408,365 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $51.59 million, well below the $74.87 million on the previous trading day and the JSE USD market closed with an exchange of 325,197 shares for US$9,274 compared to 130,853 units at US$9,068 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.74 million shares followed by Wigton Windfarm with 2.15 million units and JMMB 9.5% preference share with 1.24 million stocks.
In the Junior Market, Spur Tree Spices led trading with 887,601 shares followed by Dolla Financial with 450,473 units and Derrimon Trading with 311,439 stocks.
In the preference segment, Jamaica Public Service 9.5% popped $50 to end at $2,700 and Productive Business Solutions 10.5% preference share fell $10 to $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.8 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 place them 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 net asset value of each company is reported as a guide for investors 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 of the highest bid and the lowest offer for each company.
Gains for Trinidad Exchange
Declining and rising stocks shared the spotlight at the end of trading on the Trinidad and Tobago Stock Exchange on Tuesday, with 22 securities trading compared with 20 on Monday, ending with prices of six stocks rising, six declining and 10 closing unchanged and resulted in gains in market indices following a 20 percent fall in the volume of stocks traded valued 48 percent less than on Monday.
The market closed trading of 161,785 shares for $2,265,487 compared with 201,014 units at $4,371,462 on Monday.
An average of 7,354 shares were traded at $102,738 compared to 10,051 units at $218,573 on Monday, with trading month to date averaging 16,669 shares at $179,628 compared with 18,679 units at $196,215 on the previous day and an average for March of 28,236 shares at $236,496
The Composite Index advanced 7.22 points to end the day at 1,219.85, the All T&T Index popped 12.83 points to lock up trading at 1,836.03, the SME Index remained unchanged at 77.71 and the Cross-Listed Index gained 0.17 points to settle at 78.44.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $69 with a transfer of 15 shares, Angostura Holdings increased 21 cents to $22.95 after investors traded 2,518 units, Ansa McAl ended at $57 after an exchange of 500 shares. 
Ansa Merchant Bank ended at $45.30 with 396 stocks clearing the market, Calypso Macro Investment Fund climbed 40 cents to end at $23 with investors swapping 40 shares, First Citizens Group dipped 1 cent to end trading at $48.10 after an exchange of 2,446 stock units. FirstCaribbean International Bank sank 3 cents in to $7.01 with investors trading 4,562 units, GraceKennedy ended at $4.07 after an exchange of 1,109 stocks, Guardian Holdings rose 95 cents to end at $19 with 4,896 shares crossing the market. Guardian Media remained at $2 with traders dealing in 400 stock units, JMMB Group ended at $1.50 in switching ownership of 3,519 units, Massy Holdings slipped 1 cent to finish at $4.36 with investors trading 77,673 stocks. National Enterprises lost 1 cent to end at $3.88 after 1,113 shares passed through the market, National Flour Mills remained at $2.20 and closed with an exchange of 11,000 stock units, NCB Financial gained 5 cents to end at $3.15 with 450 units changing hands. 
Point Lisas dipped 1 cent in closing at $3.70, with 11,177 stock units crossing the market, Prestige Holdings popped 50 cents and ended at $13 with investors dealing in 6,373 units, Republic Financial ended at $119 in an exchange of 8,927 shares. Scotiabank fell 40 cents to $70.10, with 1,452 stock units changing hands, Trinidad & Tobago NGL ended at $8.47 after a transfer of 14,747 stocks, Unilever Caribbean advanced 29 cents to finish at $12.55 as investors exchanged 2,582 shares and West Indian Tobacco remained at $15.50 in trading 5,890 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market climbs on Monday
Trading dropped on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks changing hands declining 52 percent and the value 78 percent less than on Friday, with trading in 61 securities compared with 55 on Friday, with prices of 29 stocks rising, 22 declining and 10 ending unchanged.
The market closed with trading of 12,150,226 shares for $51,541,445 compared with 25,126,154 units at $233,060,092 on Friday.
Trading averaged 199,184 shares at $844,942 compared to 456,839 units at $4,237,456 on Friday and month to date, an average of 2,098,400 units at $7,747,771 down from 2,585,174 units at $9,516,984 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
Transjamaican Highway led trading with 6.89 million shares for 56.7 percent of total volume followed by Wigton Windfarm with 1.38 million units for 11.4 percent of the day’s trade and Radio Jamaica with 691,900 units for 5.7 percent market share.
The All Jamaican Composite Index rallied 2,140.38 points to close at 367,297.93, the JSE Main Index gained 1,337.67 points to close at 327,756.09 and the JSE Financial Index declined 0.14 points to 70.35.
The Main Market ended trading with an average PE Ratio of 13.1 The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden dropped 30 cents to end at $38.70, with 4,015 shares crossing the market, Barita Investments gained $3 to close at $73 with investors dealing in 1,592 stocks, Caribbean Cement rose $2.50 to finish at $58.50 with 3,194 shares clearing the market. Caribbean Producers advanced 40 cents and ended at $9.40 after and exchange of 32,211 stock units, Eppley popped $3.38 in closing at $40.38 in trading 601 shares, Eppley Caribbean Property Fund sank $3 to close at $37 after an exchange of 15,101 stock units. First Rock Real Estate slipped $2 to $8 after trading of 30,391 units, GraceKennedy fell 75 cents in closing at $73.15, with 9,169 stocks changing hands, Guardian Holdings increased by $10 to end at $370 in an exchange of 567 units. Jamaica Broilers declined 49 cents and ended at $33.50, with 17,644 shares crossing the market, Jamaica Producers climbed $1.77 to finish at $23.55 as investors exchanged 298 stock units, Key Insurance rallied 35 cents to close at $2.57 in switching ownership of just 6 stocks. Margaritaville popped $1.01 to $16.99 after exchanging 160 units, Mayberry Group lost 47 cents in closing at $6.90 with investors trading 5,799 stocks, 
NCB Financial rallied 50 cents to close at $65, with 27,800 shares crossing the exchange. Pan Jamaica dipped $3.50 and ended at $46.50 with investors transferring 836 stock units, Portland JSX rose 35 cents to finish at $10.95 after one share passed through the market, Seprod climbed $4.59 to end at $83.40 with an exchange of 7,245 stock units. Supreme Ventures increased 50 cents to $24.30 in an exchange of 19,666 units, Sygnus Real Estate Finance advanced $2.59 and ended at $12.79 with investors swapping just one stock and Wisynco Group gained 49 cents in closing at $21 after a transfer of 119,521 shares.
In the preference segment, Jamaica Public Service 9.5% shed $50 to end at a 52 weeks’ low of $2650 with traders dealing in one stock and Sygnus Credit Investments C10.5% skidded $9 to close at $101 with a transfer of 500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Third day of decline for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with a 145 percent jump in the volume of stocks traded, valued 233 percent more than Friday with trading in 45 
securities compared with 40 on Friday and ending with prices of 19 rising, 18 declining and eight stocks closing unchanged and Medical Disposables ended at a 52 weeks’ low of $2.28 with the market Index falling for a third consecutive day.
The market closed with trading of 9,154,038 shares for $23,562,473 up from 3,732,698 units at $7,075,691 on Friday.
Trading averaged 203,423 shares at $523,611 compared with 93,317 units at $176,892 on Friday. Trading for the month to date, averaged 162,808 units at $369,487 compared to 151,929 stock units at $328,204 on the previous trading day and March with an average of 221,659 units at $464,382.
Express Catering led trading with 3.61 million shares for 39.5 percent of total volume followed by ONE on ONE Educational with 1.63 million units for 17.8 percent of the day’s trade and Fosrich with 1.02 million units for 11.2 percent of the day’s trade.
At the close of trading, the Junior Market Index fell 21.57 points to close at 3,744.99.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rallied $2 to finish at $21.86 with traders dealing in 46 shares, AMG Packaging rose 30 cents to $3.42, with 13,950 stocks crossing the market, CAC 2000 gained 63 cents to close at $4.45 with a transfer of just one share.
Cargo Handlers dropped $1.45 to end at $12.50 as investors exchanged 4,230 units, Fontana popped 16 cents in closing at $8.99 after investors ended trading 34,403 shares, Future Energy sank 9 cents and ended at $3.40 with investors trading 177,701 units. Honey Bun dipped 8 cents to $7 in an exchange of 3,406 stock units, Jamaican Teas climbed 13 cents to end at $2.53 after 5,000 stock units passed through the market, Knutsford Express increased 88 cents in closing at $11.88 with an exchange of 6,176 shares. Lumber Depot advanced 36 cents to close at $2.70, with 990 units changing hands, Mailpac Group rose 10 cents to finish at $2.10 after a transfer of 482,420 stocks, Main Event advanced 19 cents and ended at $13.80 with investors dealing in 18,295 stock units and tTech lost 29 cents to $2.01 in an exchange of 83 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling prices dominates the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 38 percent drop in the volume of stocks being exchanged after a 68 percent fall in value from that of Friday, resulting in trading in nine securities, compared to eight on Friday with prices of one rising, five declining and three ending unchanged.
The market closed with an exchange of 130,853 shares for US$9,068 down from 209,773 units at US$28,768 on Friday.
Trading averaged 14,539 units at US$1,008 versus 26,222 shares at US$3,596 on Friday, with a month to date average of 34,790 shares at US$2,925 compared with 40,669 units at US$3,482 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index increased 0.96 points to settle at 244.99.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.02 US cents in an exchange of 652 stocks, First Rock Real Estate USD share lost 0.48 of one cent to close at 4.02 US cents with investors dealing in 41,146 units, Margaritaville ending at 10 US cents in switching ownership of 500 shares.
Proven Investments slipped 0.02 of a cent in closing at 14.87 US cents as investors exchanged 3,890 stock units, Sterling Investments sank 0.05 of a cent and ended at 1.6 US cents after trading 11,335 shares, Sygnus Credit Investments ended at 8 US cents with 54,969 stocks clearing the market and Transjamaican Highway dipped 0.01 of a cent to 2.17 US cents after an exchange of 18,184 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained 10 cents in closing at US$12.10 with 77 stock units crossing the market and Sygnus Credit Investments E8.5% fell 10 cents to finish at US$10.70 in an exchange of 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
