Transjamaican Highway with 969,738 shares traded, pushed the volume of stocks trading on the Jamaica Stock Exchange US dollar market sharply higher on Tuesday levels as 366 percent more shares were traded with a 51 percent lower value than on Monday and resulted in eight securities being traded, compared to nine on Monday with the price one rising, four declining and three ending unchanged.

Transjamaican Highway
A total of 1,397,026 shares were traded at US$71,601 compared to 299,650 units at US$146,763 on Monday.
Trading averaged 174,628 shares at US$8,950 compared to 33,294 units at US$16,307 on Monday. Trading for the month to date averages 63,926 stock units at US$5,981 compared with 45,476 shares at US$5,486, the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 4.39 points to end trading at 240.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 between November 2023 and August 2024.
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, First Rock Real Estate USD share rallied 0.1 of a cent and ended at 5.3 US cents with a transfer of 67,591 shares, Margaritaville ended at 11.49 US cents as investors traded 1,678 stock units, Proven Investments dropped 0.15 of a cent to close at 14.8 US cents in an exchange of 320,429 units, Sterling Investments remained at 1.92 US cents with investors exchanging 407 stock units.
Sygnus Credit Investments lost 0.09 of a cent to end at 9 US cents in an exchange of 30,671 stocks, Sygnus Real Estate Finance USD share declined 1.5 cents and ended at 8.5 US cents, with 6,399 stock units crossing the market and Transjamaican Highway fell 0.11 of a cent to end at 1.58 US cents with investors trading 969,738 shares.
In the preference section, Productive Business Solutions 9.25% preference share ended at US$12 after 113 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 9,156,436 shares at $134,445,305, up from 5,259,080 units at $54,075,283 on Friday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Guardian Holdings shed $34.80 to $401.20, with 182 units crossing the market, Jamaica Broilers fell $1 to $31 with an exchange of 66,931 shares, Jamaica Producers climbed $1.44 to end at $20.05 after 2,766 stocks changed hands, Jamaica Stock Exchange lost 35 cents in closing at $9.65 with trading of 17,938 stock units. JMMB Group fell $2.20 and ended at $27.50, with 43,366 stock units clearing the market, Kingston Properties, lost 72 cents to $6.60, with 5,350 units crossing the exchange, Kingston Wharves advanced $3.39 to $29.96 with investors dealing in 3,501,338 shares, Massy Holdings dipped $4.20 to close at $96 with 4,965 stocks being traded. NCB Financial skidded $1.50 in closing at $68.50 after trading 18,481 shares, Pan Jamaica popped $3 to end at $46 with investors transferring 878 units, Pulse Investments rallied 31 cents and ended at $2.51 and closed after trading in 16,227 stocks, Sagicor Group rose 49 cents to $45, with 9,649 stock units crossing the market.
Seprod dropped $1.10 and ended at $69 in trading 17,450 shares, Stanley Motta declined 46 cents in closing at $4.75 with traders dealing in 30,730 stock units, Sygnus Credit Investments shed 30 cents to close at $11 after an exchange of 71,631 stocks and Wisynco Group increased 60 cents to end at $18 after exchanging 122,891 units.
A total of 299,650 shares were exchanged for US$146,763 compared with 198,322 units at US$20,612 on Friday.
Sygnus Credit Investments gained 0.09 of a cent to end at 9.09 US cents with 17,623 units being traded, Sygnus Real Estate Finance USD share rallied 1.5 cents to close at 10 US cents with a transfer of 79 shares and Transjamaican Highway rose 0.01 of a cent to end at 1.69 US cents in an exchange of 59,759 stocks.
A total of 198,322 shares were traded on Friday for US$20,612, up from 110,725 units at US$10,600 on Thursday.
Sygnus Credit Investments slipped 0.1 of a cent to close at 9 US cents after an exchange of 52,491 stock units and Transjamaican Highway popped 0.02 of a cent to end at 1.68 US cents in an exchange of 3,000 stocks.
On Friday 5,259,080 shares were traded for $54,075,283 compared to 10,619,694 units at $79,408,765 on Thursday.
The PE Ratio, a formula to compute appropriate stock values, averages 12.2 for the Main Market. The JSE Main and USD Market PE ratios are computed using the last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
JMMB Group climbed $2.21 in closing at $29.70 with 175,016 stocks being traded, following an announcement by the company that it will be buying back 10 million shares in the open market. Kingston Wharves dropped $2.44 to close at $26.57 with a transfer of 22,863 shares, Margaritaville advanced 30 cents to end at $16.30 after a transfer of a mere unit. NCB Financial gained $1.90 to close at $70 after 27,066 shares changed hands, Pan Jamaica skidded $1 to $43 with investors swapping 1,645 stock units, Sagicor Group shed 59 cents to close at $44.51 in trading 112,999 units. Scotia Group advanced 39 cents in closing at $33.44 as investors exchanged 309,106 stocks, Stanley Motta climbed 61 cents to end at $5.21, with 1,001 shares crossing the market and Supreme Ventures fell 76 cents and ended at $26.74 with an exchange of 138,995 units.
In the preference segment, Eppley 7.25% preference share rose $1.39 to $20 in an exchange of 69 stocks, Jamaica Public Service 9.5% gained $109.99 in closing at $3099.99 after investors traded just one stock and Productive Business Solutions 10.5% preference share dropped $135 to $1.200, with 150 stocks clearing the market.
Declining stocks outgunned rising stocks nearly 2 to 1 at the close of trading activity on the Jamaica Stock Exchange Main Market on Thursday, as the volume of stocks traded declined 10 percent as the value climbed 27 percent over Wednesday, leading to trading in 51 securities down from 56 on Wednesday, with prices of 15 rising, 28 declining and eight ending unchanged.
JMMB Group 7.5% preference share led trading with 4.82 million shares for 45.4 percent of total volume followed by Wisynco Group with 1.66 million units for 15.6 percent of the day’s trade and Sagicor Select Financial Fund with 957,709 units for 9 percent market share.
At the close, Caribbean Cement declined 60 cents and ended at $50.30 after a transfer of 1,130 shares, Caribbean Producers gained 30 cents to close at $9.95 while exchanging 100 units, Carreras shed 50 cents to end at $8.20 with an exchange of 324,379 stock units. GraceKennedy dipped 68 cents in closing at $71.50 after exchanging 76,459 stocks, Jamaica Stock Exchange dropped 69 cents to close at $9.50 with stakeholders exchanging 5,073 stock units, Kingston Properties rallied 57 cents to close at $7.32 after trading 3,430 stocks. NCB Financial skidded $1.90 to end at $68.10 with investors trading 35,818 shares, Sagicor Group fell 90 cents to $45.10 with traders dealing in 4,827 units, Scotia Group lost 70 cents in closing at $33.05, with 211,602 stocks crossing the market. Seprod skidded 90 cents and ended at $70.10 after 977 units passed through the market and Stanley Motta dropped 61 cents in closing at $4.60 as investors exchanged 44,895 stock units.
In the preference segment, Jamaica Public Service 7% increased $14 to $55 and closed trading with 62 shares changing hands.
A total of 110,725 shares were traded for US$10,600 compared with 1,090,681 units at US$25,542 on Wednesday.
Sygnus Credit Investments ended at 9.1 US cents, with 4,855 units being traded, Sygnus Real Estate Finance USD share dropped 1.5 cents to 8.5 US cents after one unit was traded and Transjamaican Highway rose 0.06 of a cent to close at 1.66 US cents with traders dealing in 95,789 shares.
A total of 11,780,581 shares were traded for $62,395,782 compared with 3,715,775 units at $49,296,741 on Tuesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
JMMB Group rose 6 cents in trading 83,965 shares to close at $27.55 after the price hit an intraday low of $25.01, Key Insurance fell 37 cents to close at $2.50 with 1,449 units crossing the market, Kingston Properties lost 59 cents and endedat $6.75 with investors swapping 8,600 stocks, Massy Holdings dropped $3.54 to $100.30 after exchanging 63 units. NCB Financial fell $1 to $70 while exchanging 42,609 shares, Portland JSX rose 35 cents to $8.35 after an exchange of 100 units, Pulse Investments dipped 38 cents to end at $2.15 with investors transferring 198,513 stock units, Salada Foods shed 44 cents to $2.60 with traders dealing in 95,849 stocks. Scotia Group rallied 75 cents to $33.75 and closed with an exchange of 29,305 shares, Seprod declined $2 to close at $71 with investors dealing in 13,284 shares, Stanley Motta popped 50 cents to $5.21, with 9,494 stocks crossing the market and Sygnus Credit Investments skidded 55 cents and ended at $11.05 as investors exchanged 140,422 units.
In the preference segment, Eppley 7.50% preference share advanced 98 cents in closing at $6.98 in trading 437 stock units and Productive Business Solutions 10.5% preference share climbed $235 to close at $1335 in an exchange of 120 shares.
Proven Investments rose 0.2 of a cent to close at 14.7 US cents with 9,254 stocks crossing the exchange. Sterling Investments gained 0.02 of a cent to end at 1.92 US cents with a transfer of 10,000 units, Sygnus Credit Investments lost 0.88 of one cent in closing at 9.1 US cents in switching ownership of 35,827 units, Sygnus Real Estate Finance USD share remained at 10 US cents after 14,939 stock units passed through the market and Transjamaican Highway shed 0.09 of a cent to close at 1.6 US cents after an exchange of 896,086 shares.
A total of 3,715,775 shares were traded for $49,296,741 compared to 5,484,765 units at $44,129,207 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Jamaica Stock Exchange rallied 69 cents to end at $10.19 with a transfer of 127,670 stocks, Kingston Properties rose 34 cents and ended at $7.34, with 10,166 stock units changing hands, Massy Holdings lost 66 cents to close at $103.84 as investors traded 474 stock units. Mayberry Jamaican Equities fell 43 cents to $11.07 after an exchange of 652 shares, Pan Jamaica dropped $3.75 to $44.25 while 1,241 stocks were exchanged, Sagicor Group climbed $1 in closing at $46, with 3,705 units crossing the market. Scotia Group dropped 80 cents to end at $33 with investors swapping 319,630 shares and Stanley Motta lost 34 cents to close at $4.71 with traders dealing in 12,996 units.
In the preference segment, Eppley 7.50% preference share gained 47 cents to end at $6, with 13 stock units crossing the exchange and Jamaica Public Service 7% declined $12 to close at $41 after a transfer of 454 stocks.