The Jamaica Stock Exchange US Dollar Market closed on Friday with a 22 percent decline in stocks traded, with a 64 percent jump in value compared with Thursday, following an exchange of 14 securities, compared with 10 on Thursday, with prices of three rising, three declining and eight ending unchanged.
Investors exchanged 161,911 shares for US$33,763 compared to 208,910 stock units at US$20,601 on Thursday.
Trading concluded with an average of 11,565 shares with a value of US$2,412 compared to 20,891 stocks at US$2,060 on Thursday. Trading for the month to date ended with an average of 41,592 units at US$5,112, down from 50,350 shares at US$5,899 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 0.35 points to finish at 298.41. The 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.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 20. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close, AS Bryden remained at 15.75 US cents, with 62 shares changing hands, First Rock Real Estate USD share ended at 2 US cents after an exchange of 3,300 shares, Margaritaville popped 0.9 of one cent in closing at 8.9 US cents, with investors trading 300 stocks. MPC Caribbean Clean Energy fell 3.7 cents to finish at 19.3 US cents with 25 units crossing the exchange, Productive Business Solutions ended at 95 US cents in trading 5 stocks, Proven Investments gained 0.43 of one cent to finish at 6.92 US cents, with 2,220 units clearing the market. Quantas Advantage dipped 0.4 of one cent and ended at 14.6 US cents following an exchange of 13,526 shares, Sterling Investments ended at 2.31 US cents, with 400 stock units crossing the market, Sygnus Credit Investments rose 0.28 of a cent to end at 7.78 US cents with a transfer of 375 shares and Transjamaican Highway declined by 0.01 of a cent to close at 6.6 US cents as investors exchanged 126,338 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 after it closed with an exchange of 4,430 units, JMMB Group US8.5% ended at US$1.10 in switching ownership of 10,684 stock units. Sygnus Credit Investments 8% closed at US$9.91 after an exchange of 100 shares and Sygnus Credit Investments E8.5% remained at US$10, with investors dealing in 146 stocks.
Prices of securities trading are those for the last transaction.
The market closed with trading of 10,277,964 shares for $12,252,452, up from only 2,510,680 stock units at $4,693,116 on Thursday.
The Junior Market ended trading with an average PE Ratio of 12.2. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
Express Catering shed 13 cents to close at $2.26 in an exchange of 7,540 stocks, Fontana dropped 15 cents to finish at $6.05, with 69,250 units clearing the market, Fosrich rose 5 cents and ended at $1.40 in switching ownership of 7,387 stock units. Jetcon Corporation rallied 20 cents to close at $5.40 as investors traded 48,201 shares, Limners and Bards increased 16 cents to close at $1.28 after trading of 45,787 stocks, Lumber Depot skidded by 21 cents to end at $2.55 with an exchange of 54,763 units. Mailpac Group lost 30 cents in closing at $2.28, with 64,680 stock units crossing the market and Regency Petroleum popped 15 cents and ended at $4.30 with investors dealing in 2,051 shares.
The market closed with an exchange of 208,910 shares for US$20,601 in tumbling from 563,601 stock units at US$138,376 on Wednesday.
Trading ended with an average of 20,891 shares at US$2,060 compared to 46,967 stock units at US$11,531 on Wednesday,
Trading for the month to date averages 50,350 units at US$5,899 after declining from 58,102 stock units at US$6,909 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 1.22 points higher to 298.06. The Investor’s Choice bid-offer indicator shows no stock ended with bids and offers higher or lower than the last selling price.
The PE Ratio, one of the most commonly used measures to determine appropriate stock values, averages 19.2. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, AS Bryden declined by 0.24 of a cent and ended at 15.75 US cents with a transfer of 638 units, First Rock Real Estate USD share ended at 2 US cents in a change of ownership of 46,000 stocks, Proven Investments advanced 0.38 of one cent to finish at 6.49 US cents after an exchange of 36 shares.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
The day closed with an exchange of 1,105,110 shares for US$73,758 after moving up from 539,157 stock units at US$50,427 on Monday.
Market activity ended with an exchange of 539,157 shares valued at US$50,427, following an increase from 293,051 stock units at US$19,870 on Friday. Trading ended with an average of 44,930 shares at US$4,202 up from 29,305 stock units at US$1,987 on Friday and an average for October valued at 599,023 units for US$38,839.
The market closed with trading of 19,590,680 shares for $35,932,610, after rising from 14,007,097 units at $26,566,861 on Thursday.
At the close of trading, the Junior Market Index popped 22.94 points to end at 3,232.63. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
Elite Diagnostic declined by 7 cents in closing at $1.74 with a transfer of 31 stocks. ISP Finance shed 35 cents to end at $12 after an exchange of 369 units, Jamaican Teas rose 14 cents to settle at $2.19 with 4,151,714 stock units crossing the market, Lumber Depot climbed 19 cents and ended at $2.70 with an exchange of 1,001,500 shares. Mailpac Group increased 24 cents to finish at $2.60 with 1,506,235 units clearing the market, ONE on ONE Educational advanced 5 cents and ended at 85 cents with a transfer of 1,379,071 stocks and Regency Petroleum rallied 16 cents to close at $4.37 with investors swapping 620,115 stock units.
Trading ended with 14,007,097 shares changing hands for $26,566,861, after climbing from a mere 4,854,941 units at $7,919,796 on Wednesday.
At the close of trading, AMG Packaging shed 6 cents to close at $1.75 after an exchange of 1,591 stock units, Caribbean Cream rose 98 cents to finish at $4.83, with 1,953 shares passing through the market, Consolidated Bakeries fell 15 cents and ended at $1.40 after trading of 392 stocks. Dolla Financial dropped 8 cents to $3.66 with an exchange of 211,861 units, Dolphin Cove climbed 77 cents in closing at $10.13 with 911 stocks clearing the market, Fontana rose 9 cents and ended at $6.49 with a transfer of 20,378 shares. Fosrich gained 15 cents to close at $1.55 in trading 2,006,350 stock units, Honey Bun lost 15 cents in closing at $7 with 5,839 units crossing the exchange, Image Plus slipped 10 cents to finish at $1.49 with investors trading 183,275 stocks. ISP Finance jumped $2.47 to end at $12.35 in an exchange of 640 shares, Jamaican Teas fell 13 cents in closing at $2.05 with 3,075,458 units crossing the market, Lasco Financial rallied 6 cents to end at $1.57 as investors exchanged 30,620 stock units.
Lumber Depot dipped by 15 cents and ended at $2.51 with a transfer of 1,154,333 shares, Mailpac Group advanced 5 cents to finish at $2.36 with 2,207,001 stock units crossing the market, ONE on ONE Educational rose 8 cents to close at 80 cents in an exchange of 1,384,263 units. Paramount Trading climbed 20 cents to end at $1.03 with 3,000 stocks changing hands, Regency Petroleum popped 13 cents in closing at $4.21 after a transfer of 160,967 shares and Stationery and Office Supplies rallied 6 cents to $1.65 in switching ownership of 810,910 stocks.
The market closed with trading of 4,854,941 shares for $7,919,796, up from 4,582,347 stock units at $7,908,126 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 11.7. ICInsider.com computes the PE ratios derived by dividing the last traded stock price by earnings per share for companies with the fiscal years ending around August 2027.
Honey Bun shed 9 cents to close at $7.15 with 15,745 stock units changing hands, Image Plus rose 6 cents to end at $1.59 with a transfer of 73,073 shares. Knutsford Express climbed 36 cents to finish at $8.51 after an exchange of 1,387 stocks, Lasco Financial dipped by 16 cents and ended at $1.51 with investors dealing in 652 units, Paramount Trading fell 7 cents in closing at 83 cents after an exchange of 216,824 stock units and Regency Petroleum skidded by 6 cents to end at $4.08 in trading 43,856 shares.