Stocks rose modestly on the USD Market on Thursday, after seven securities traded on Thursday compared to five on Wednesday, with the prices of four rising and three declining at the close of the US dollar market of the Jamaica Stock Exchange and ended, with JSE USD Equities Index popping 0.27 points to end at 197.32.
The PE Ratio, a measure that determines an appropriate value of each stock, averages 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, the volume of stocks traded rose moderately on Thursday, with 149,296 shares changing hands for US$18,104, up from 129,505 units at US$12,398 on Wednesday.
Trading averaged 21,328 units at US$2,586, in contrast to 25,901 shares at US$2,480 on Wednesday. Month-to-date trading averages 139,376 units at US$2,930 in contrast to 202,941 units at US$3,115 on Tuesday. May averaged 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with lower offers.
At the close, First Rock Capital rose 0.01 of a cent to 9 US cents after trading 13,500 shares, Margaritaville advanced 0.9 of a cent to 9.9 US cents with 3,984 stock units traded, MPC Caribbean Clean Energy slipped 2 cents to 93 US cents trading 500 units. 
Proven Investments declined 0.9 of a cent to end at 25 US cents with 50,282 shares changing hands, Sterling Investments rose 0.05 of a cent to 2.05 US cents with 24,297 stocks traded, Sygnus Credit Investments declined by 0.29 of a cent to 15.2 US cents with a transfer of 16,733 units and Transjamaican Highway rallied 0.06 of a cent to land at 0.91 US cents with 40,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 175,326 units at $2,192,538, compared to 256,975 shares at $8,858,513 on Wednesday. Trading month to date averages 193,705 units at $4,990,781, in contrast to 202,991 units at $6,404,631 on Wednesday. May closed with an average of 439,937 units at $4,698,961.
Sygnus Credit Investments gained 30 cents to settle at $15.30 in trading 25,434 stock units, Victoria Mutual Investments slipped 39 cents to $6.11 in the transfer of 185,406 shares and Wisynco Group popped 60 cents to $15.80 with the swapping of 130,777 stocks.
The All Jamaican Composite Index declined 994.79 points to 451,670.82, the JSE Main Index lost 199.45 points to end at 420,160.07 and the JSE Financial Index gained 0.29 points to settle at 104.48.
Trading close with an average of 256,975 units at $8,858,513, compared to 150,132 shares at $4,001,871 on Tuesday. Trading month to date averages 202,991 units at $6,404,631, in contrast to 150,132 units at $4,001,871 on Tuesday. May closed with an average of 439,937 units at $4,698,961.
Scotia Group rose $1.01 to $41 after trading 47,810 stocks, Seprod gained 20 cents to close at $73 with the swapping of 12,488 units, Stanley Motta shed 20 cents to close at $5.80 after exchanging 10,000 shares. Sterling Investments picked up 29 cents to finish at $3.29 in switching ownership of 1,000 units, Supreme Ventures rallied 20 cents to $20 in trading 61,340 shares and Wisynco Group shed 30 cents in ending at $15.20 after an exchange of 121,439 stock units.
Trading ended with five securities changing hands, compared to eight on Tuesday with the prices of one stock rising, two declining and two remaining unchanged.
At the close, First Rock Capital had an exchange of 44,814 shares at 8.99 US cents, Productive Business Solutions had trading of 9 stock units at 80 US cents, Proven Investments lost 0.1 of a cent to end at 25.9 US cents with 21,708 units changing hands. Sterling Investments slipped 0.01 of a cent to 2 US cents with a transfer of 52,000 stocks and Sygnus Credit Investments rose 0.48 of a cent to close at 15.49 US cents with 10,974 shares crossing the exchange.
The All Jamaican Composite Index shed 950.05 points to 452,665.61, the JSE Main Index declined 1,739.04 points to end at 4420,359.52 and the JSE Financial Index lost 0.33 points to settle at 104.19.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and three with lower offers.
PanJam Investment declined $3.70 to close at $66 in transferring 7,312 units, Proven Investments lost 50 cents to close at $34.50 with 30,721 stock units clearing the market. Sagicor Real Estate Fund gained 20 cents ending at $8.50 and exchanging 2,000 shares. Seprod fell $1.30 to end at $72.80, with 55,443 shares crossing the exchange, Sygnus Credit Investments lost 20 cents to close at $15.05 in trading 510,516 stock units and Wisynco Group ended 29 cents lower at $15.50 in an exchange of 92,649 stocks.
Transjamaican Highway was the volume leader accounting for 2.51 million of the 2,508,722 shares traded, with a value of US$28,103 compared to 460,180 units trading at US$70,670 on Monday.
Proven Investments remained at 26 US cents with a transfer of 15,452 stock units, Sterling Investments fell 0.24 of a cent to 2.01 US cents with 82,000 shares traded, Sygnus Credit Investments ended at 15.01 US cents after trading 9,640 stocks and Transjamaican Highway declined by 0.08 of a cent to finish at 0.85 US cents with 2,400,000 units crossing the exchange.
Trading averaged 514,828 units on Monday at $6,289,666, compared to 2,443,892 shares at $12,234,637 on Friday. Trading month to date averages 439,937units at $4,698,961, in contrast to 436,367 units at $4,623,132 on Friday. April closed with an average of 234,200 units at $1,772,561.
Pulse Investments declined 40 cents to $4.40 in swapping 2,634,338 stocks, Sagicor Group slipped 25 cents to end at $52.50 with 2,835,484 stocks clearing the market, Seprod shed 90 cents to close at $74.10 with 13,279 units changing hands. Sygnus Credit Investments ended 25 cents lower at $15.25 in an exchange of 64,490 shares and Victoria Mutual Investments fell 45 cents to $6.51 after 85,621 stocks crossed the market.
Trading involved six securities, compared to seven on Friday with four rising, none declining and two remaining unchanged.
At the close, First Rock Capital traded 5,015 shares at 9 US cents, Proven Investments climbed 0.1 of a cent to 26 US cents, with an exchange of 174,572 shares, Sterling Investments gained 0.25 of a cent to close at 2.25 US cents with an exchange of 900 stock units. Sygnus Credit Investments rose 0.3 of a cent to 15 US cents in exchanging 213 units, Sygnus Credit Investments closed at 15.01 US cents after an exchange of 169,025 shares and Transjamaican Highway advanced 0.07 of a cent to 0.93 US cents, with 110,455 stocks changing hands.
Seven securities traded, compared to six on Thursday, with two rising, three declining and two closing unchanged.
Margaritaville traded 110,700 units at 9 US cents, Proven Investments slipped 0.4 of a cent to 25.9 US cents with 43,825 stocks traded. Sterling Investments dropped 0.21 of a cent to settle at 2 US cents with 200,000 shares passing through the market, Sygnus Credit Investments fell 0.89 of a cent to close at 15.01 US cents with a transfer of 4,758,333 stock units and Transjamaican Highway added 0.02 of a cent to close at 0.86 of a US cent with 275,000 stocks crossing the exchange.
The All Jamaican Composite Index rose 1,817.92 points to 454,375.81, the JSE Main Index gained 754.27 points to end at 422,066.55 and the JSE Financial Index gained 0.44 points to settle at 104.74.
Transjamaican Highway with 2.2 percent for 2.58 million and NCB Financial Group with 1.7 percent for 2.13 million units changing hands.
Pulse Investments gained 44 cents to end at $4.80 with 706,754 units crossing the market, Sagicor Group rose 74 cents to close at $52.75 in switching ownership of 12,435 stocks, Seprod advanced $1.49 to $75 after clearing the market with 27,751 shares, Sterling Investments shed 30 cents to close at $3 with an exchange of 94,051 stocks, Victoria Mutual Investments declined 5 cents to close at $6.96 after trading 137,328 stock units and Wisynco Group rose 65 cents to $15.75 with 28,000 shares changing hands.