Trading plunged sharply on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded crashing, with a 96 percent drop, at a 89 percent lower value than Friday. Market activity resulted in the exchange of nine securities, up from eight on Friday, with prices of two rising, one declining and six ending unchanged.
The market closed with an exchange of a mere 11,539 shares for US$1,760, falling from a moderate 303,408 stocks at US$16,030 on Friday.
Trading averaged a mere 1,282 shares at US$196 compared to 37,926 stocks at US$2,004 on Friday, with a month to date average of 657,620 units at US$18,991, a decline from 707,680 stocks at US$20,425 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index shed 1.19 points to finish at 195.28. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 1.93 US cents with 2,489 shares crossing the market, Margaritaville ended at 8.2 US cents after a transfer of 80 stocks, Proven Investments rallied 0.01 of one cent to finish at 10.21 US cents in trading 464 units. Sterling Investments fell 0.05 of a cent and ended at 1.64 US cents with investors passing 212 shares through the market, Sygnus Credit Investments increased 0.1 of one cent to close at 7.9 US cents in an exchange of 934 stock units, Sygnus Real Estate Finance USD share remained at 7 US cents as investors traded 743 shares and Transjamaican Highway ended at 2.38 US cents with a transfer of 5,903 stock units.
In the preference segment, JMMB Group 7.5% remained at US$1.97 and closed with an exchange of 704 stocks and JMMB Group US8.5% ended at US$1.10 with investors trading 10 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 4,852,506 shares for $8,954,570, down from 5,532,747 stock units at $10,540,520 on Friday.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
The market closed with trading of 5,532,747 shares for $10,540,520, jumping from 2,299,043 units at $4,205,931 on Thursday.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
The market closed with an exchange of 303,408 shares for US$16,030, jumping from 84,860 stocks at US$32,196 on Thursday.
The market closed with a 56 percent drop in the volume of stocks trading, with an exchange of 2,299,043 shares, down by 61 percent in value to $4,205,931, compared with 5,248,562 units at $10,721,628 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 14.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
The market closed with trading of 5,248,562 shares for $10,721,628, climbing from 4,310,526 units at $6,684,160 on Tuesday.
At the close of a relatively quiet day of trading, Atlantic Hardware slipped 5 cents to end at 95 cents in trading 25,000 shares, Blue Power lost 10 cents to close at $4.90 with traders passing 1,522 stocks through the exchange, Caribbean Assurance rallied 11 cents to finish at $2.11 while trading 202 shares. Caribbean Cream gained 52 cents and ended at $2.47 as investors exchanged a mere one stock unit, Dolphin Cove popped 34 cents to close at $13 with a transfer of 19,748 units, Express Catering dropped 20 cents in closing at $2.50 with investors dealing in 250,575 stocks. Fontana shed 43 cents to $8.50 in an exchange of 60,521 units, Honey Bun sank 12 cents to close at $8.13 with 7,506 shares crossing the market, Image Plus climbed 14 cents and ended at $1 with investors trading 894 stock units. Indies Pharma declined 10 cents to end at $3.60, with 54,258 shares clearing the market, ISP Finance increased $1.20 to $11.40 as traders closed with an exchange of 32 stocks,
The market closed with an exchange of 782,822 shares for US$56,379, jumping from 291,466 stock units at US$51,106 on Tuesday.
The market closed with an exchange of 291,466 shares for US$51,106 rising sharply from 62,270 stocks at US$15,014 on Monday.
The market closed with trading of 4,310,526 shares for a mere $6,684,160, down from 6,274,342 units at $10,070,268 on Monday.
At the close of trading, Access Financial gained $2.33 to finish at $16.72 with a transfer of 3 shares, Atlantic Hardware climbed 5 cents to $1 with investors dealing in 331,162 stocks, Blue Power rose 13 cents to close at $5 with 1,095 shares being traded. CAC 2000 skidded 11 cents to $2 in trading 10,002 stocks, Caribbean Assurance fell 12 cents and ended at $2 in trading 160,089 units, but only after the price hitting an intraday 52 week low of $1.74, Caribbean Cream dipped 36 cents to close at $1.95 with 600 stocks passing through the market. Derrimon Trading lost 8 cents to $1.82 with investors trading 626 units, Dolla Financial rallied 19 cents to end at $2.45 as 51,981 shares crossed the exchange, Dolphin Cove shed $1.23 in closing at $12.66 with 14,764 stock units changing hands. Express Catering declined 7 cents to close at $2.70 after an exchange of 48 shares, Fontana fell 5 cents and ended at $8.93 with 71,176 stock units crossed the market, GWest Corporation slipped 11 cents to finish at 81 cents with investors swapping 5,600 stocks.