Trading drops on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with a 61 percent decline in the volume of shares that were traded with a 33 percent lower value than on Monday, resulting in the exchange of seven securities, from eight on Monday, with prices of two rising, one declining and four ending unchanged.

The market closed with an exchange of 261,203 shares for US$13,692 down from 669,495 stocks at US$20,297 on Monday. Trading averaged 37,315 shares valued at US$1,956 well off from 83,687 stocks at US$2,537 on Monday, with a month to date average of 135,157 units at US$5,946 well within the range of 140,725 stocks at US$6,173 on the previous day and well above January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index climbed 2.78 points to 212.55. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 9.6. 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, First Rock Real Estate USD share popped 0.55 of a cent to finish at 2.75 US cents with investors swapping 995 units, Productive Business Solutions ended at US$1.37 with a transfer of 34 stocks, Proven Investments shed 0.01 of a cent to close at 11.1 US cents with an exchange of 74,146 shares. Sterling Investments remained at 1.88 US cents with investors trading 1,712 stock units, Sygnus Credit Investments remained at 7 US cents with 17,018 shares crossing the market, Sygnus Real Estate Finance USD share ended at 7.94 US cents after a transfer of 298 stock units and Transjamaican Highway increased 0.02 of one cent in closing at 2.42 US cents with 167,000 units crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading on JSE USD Market


The US dollar denominated stocks listed on the Jamaica Stock Exchange market closed on a mixed note on Monday, with the volume of stocks traded rising 224 percent accompanied by a 10 percent lower value than on Friday and ending in an exchange of eight securities, similar to trading on Friday with prices of two rising, three declining and three ending unchanged and the market index closing lower.

The market ended with an exchange of 669,495 shares for US$20,297 compared to 206,473 stocks at US$22,674 on Friday. Trading averaged 83,687 shares at US$2,537 versus 25,809 stocks at US$2,834 on Friday, with a month to date average of 140,725 units at US$6,173 down from 144,693 stocks at US$6,426 on the previous trading day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index dropped 2.06 points to 209.77. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 9.5. 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 a moderate trading day, First Rock Real Estate USD share declined 0.55 of a cent to 2.2 US cents in trading 93,696 stock units, Proven Investments lost 0.79 of one cent to finish at 11.11 US cents with 33,531 shares clearing the market, Sterling Investments ended at 1.88 US cents with investors trading 1,992 units. Sygnus Credit Investments advanced 0.02 of one cent in closing at 7 US cents with 1,520 stocks changing hands, Sygnus Real Estate Finance USD share remained at 7.94 US cents as investors exchanged 1,531 units and Transjamaican Highway dipped 0.1 of a cent to close at 2.4 US cents in switching ownership of 537,117 stocks.

In the preference segment, Sygnus Credit Investments US 8% fell US$1.50 to an all-time low of US$8.50 with investors trading 8 shares and Sygnus Credit Investments E8.5% climbed US$1.4425 to finish at US$9.90 in an exchange of 100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks dominated JSE Main Market


Falling stocks dominated trading on the Jamaica Stock Exchange Main Market on Monday, with trading in 61 securities compared with 58 on Friday, with prices of just 13 rising, 30 declining and 18 ending unchanged following a 54 percent decline in the volume of stocks traded with a 77 percent lower value than on Friday.

The market closed with 6,309,844 shares trading for $37,898,847 down from 13,681,851 stock units at $ 165,127,354 on Friday.
Trading averaged 103,440 shares at $621,293 well below 235,894 stocks at $2,847,023 on Friday and month to date, an average of 422,305 units at $1,853,495 in line with the 443,941 shares traded at $1,937,104 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 2.31 million shares for 36.6 percent of total volume followed by Sagicor Select Financial Fund which ended with 1.17 million stocks for 18.6 percent of the day’s trade and Wigton Energy with 1.02 million units for 16.1 percent of the day’s volume.
The All Jamaican Composite Index fell 324.55 points to close trading at 377,944.63, the JSE Main Index slipped 215.42 points to wrap up trading at 327,558.77 and the JSE Financial Index dipped 0.07 points to 67.43. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activities, Caribbean Cement increased $2 in closing at $86 after investors ended trading 3,152 stock units, while Eppley Caribbean Property Fund popped 35 cents to $39.45 with 104 units clearing the market, First Rock Real Estate sank 70 cents to finish at $8.60 with traders dealing in 7,380 shares. Guardian Holdings advanced $6.17 and ended at $309.75 after 12 stock units passed through the market, Jamaica Stock Exchange shed 37 cents to close at $13 in trading 73,074 shares, Massy Holdings sank $1.35 to end at $81.50 after an exchange of 55,133 units. NCB Financial lost 50 cents in closing at a 52 weeks’ low of $47.20 with investors dealing in 101,651 stocks, Pan Jamaica declined $5.35 to $50.55 with a transfer of 19,165 stock units, Sagicor Group rose 68 cents to finish at $37.99 after an exchange of 4,209 shares. Seprod fell 94 cents and ended at $85.06 with investors trading 5,986 stocks, Supreme Ventures gained 62 cents to end at $20.97 in an exchange of 38,736 units, Sygnus Credit Investments climbed 76 cents to close at $13.36 with investors swapping 30,913 stock units. Sygnus Real Estate Finance slipped $1.12 to $8.68 in switching ownership of 1,650 shares and Wisynco Group rallied 50 cents in closing at $22.30 after 41,475 stock units changed hands.
In the preference segment, Jamaica Public Service 9.5% dropped $40 to end at $2,650 with an exchange of just 1 unit. JMMB Group 7.15% – 2028 dipped 40 cents to close at $2.60 with 49,000 stocks changing hands, 138 Student Living preference share popped $30 and ended at $240 in an exchange of 25 units and Sygnus Credit Investments C10.5% skidded $1.30 to finish at $100 with investors trading 14,018 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market Friday bounce


Trading ended on Friday with a sharp bounce in the Jamaica Stock Exchange Main Market following a 63 percent jump in the volume of stocks traded with a 25 percent lower value than Thursday, flowing from trading in 57 securities down slightly from 58 on Thursday. Trading resulted in, prices of 25 shares rising, 14 declining and 18 ending unchanged.

The market closed with 15,065,778 shares trading for $82,569,896 up from 9,258,988 stock units with a value of $109,778,942 on Thursday.
Trading averaged 264,312 shares at $1,448,595 in contrast to 159,638 stocks at $1,892,740 on Thursday and month to date, an average of 659,748 units at $23,008,281 that is closely aligned with 689,021 shares at $24,604,258 on the previous day but well above February with an average of 405,332 stock units at just $1,953,730.
Wigton Energy led trading with 7.28 million shares for 48.3 percent of total volume followed by Transjamaican Highway that ended with 3.50 million stocks for 23.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.01 million stock units for 6.7 percent of the day’s total volume.
The All Jamaican Composite Index jumped 3,457.62 points to wrap up trading at 375,985.50, the JSE Main Index surged 3,847.52 points to close at 325,040.47 and the JSE Financial Index advanced 0.48 points to 67.17. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings projected by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints popped 83 cents to finish at $7.98 after an exchange of just 5 stock units, Eppley sank 45 cents and ended at $35 with 1,109 shares being traded, First Rock Real Estate increased 43 cents to $8.95 with an exchange of 123,765 stocks. General Accident climbed 72 cents to end at $5.72 with 2,465 units crossing the market, Guardian Holdings rose $18 in closing at $307 in trading 302 stocks, Jamaica Broilers rallied $1.49 to close at $35.24 after an exchange of 4,072 shares. Jamaica Producers gained $2 to close at $24 with 111,606 units passing through the market, Kingston Wharves advanced $1.30 to finish at $27.90 as investors exchanged 760 stock units, Massy Holdings popped $2.98 and ended at $80.98 with 71 shares switching owners. NCB Financial skidded $1.78 to end at a multiyear low of $42 with 90,433 stocks clearing the market. Pan Jamaica rallied $3.80 in closing at $57 in an exchange of 214,250 units, Sagicor Group sank 41 cents to close at $41.99 with investors dealing in 110,317 stock units and Scotia Group increased 82 cents to $56.82 in an exchange of 25,761 shares.
In the preference segment, Sygnus Credit Investments C10.5% climbed $4.93 and ended at $101.99 in trading 674 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More declines for JSE USD Market


The Jamaica Stock Exchange US dollar market benefitted from an increase of investable funds passing through the market on Friday than the previous day as trading ended with 98 percent more value, resulting in a 38 percent drop in the volume of stocks traded, resulting in the exchange of eight securities, similar to Thursday with prices of four rising, one declining and three ending unchanged.

The market closed with an exchange of 206,473 shares for US$22,674 compared with 333,718 stocks at US$11,447 on Thursday.
Trading averaged 25,809 shares at US$2,834 compared to 41,715 stock units at US$1,431 on Thursday, with trading month to date averaging 144,693 shares for US$6,426 compared with 153,581 stocks at US$6,694 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index dropped 1.84 points to conclude trading at 211.82, down 16 percent for the year to date. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 6.7. 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, First Rock Real Estate USD share gained 0.04 of one cent in closing at 2.75 US cents after 167,043 stock units passed through the market, Productive Business Solutions ended at US$1.37 in an exchange of 75 shares, Proven Investments rose 0.61 of a cent and ended at 11.9 US cents with traders dealing in 81 units. Sygnus Credit Investments advanced 0.08 of a cent to end at 6.98 US cents 140 stocks crossing the market, Sygnus Real Estate Finance USD share remained at 7.94 US cents after an exchange of 398 shares and Transjamaican Highway closed at 2.5 US cents with 36,678 stocks clearing the market.
In the preference shares segment, Productive Business Solutions 9.25% preference share popped 10 cents to US$10.60 after trading of 18 units and Sygnus Credit Investments E8.5% sank US$1.4925 to end at a 52 weeks’ low of US$8.4575 with investors dealing in 2,040 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market trading jumps


Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 102 percent and the value 205 percent more than on Thursday, with trading in 58 securities down from 60 on Thursday, with prices of 25 rising, 15 declining including, NCB Financial that traded at a 52 weeks’ low of $47.20 and 18 ending unchanged resulting 18 ending unchanged and resulted in the Market indices climbing.

The market closed with 13,681,851 shares trading for 165,127,354 up from just 6,727,759 stock units at $51,740,145 on Thursday.
Trading averaged 235,894 shares at $2,847,023 well above 112,129 stocks at $862,336 on Thursday and in trading for the month to date, an average of 443,829 units at $1,937,104 up from 458,289 shares at $1,874,351 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Wigton Energy led trading with 3.62 million shares for 26.5 percent of total volume followed by QWI Investments which ended with 3.59 million stocks for 26.2 percent of the day’s trade and Transjamaican Highway with 1.54 million units for 11.2 percent of the day’s trade.
The All Jamaican Composite Index dipped 627.64 points to end at 378,269.18, the JSE Main Index rose 561.11 points to close at 327,774.19 and the JSE Financial Index slipped 0.52 points to 67.50. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14.9. 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.
At the close of the week, Caribbean Cement dropped $2.49 to $84 after a transfer of 6,405 stock units, Eppley Caribbean Property Fund gained $3.55 to close at $39.10 with investors swapping 106 shares, Guardian Holdings fell $6.17 to end at $303.58 after just 13 units traded. JMMB Group rose 62 cents in closing at $21.20 as investors exchanged 65,793 stocks, Key Insurance rallied 38 cents and ended at $2.40 with the trading of 344 shares, Kingston Wharves increased $2.49 to finish at $29.99 after an exchange of 1,023 stock units. Massy Holdings climbed $2.85 and ended at $82.85 with investors trading 134,873 units, Pan Jamaica popped 60 cents to $55.90 with an exchange of 45,849 stocks, Sagicor Group dipped $2.69 in closing at $37.31 with 42,349 units changing hands. Salada Foods advanced 48 cents to close at $3.68 with investors dealing in 364 stocks and Sygnus Credit Investments sank 39 cents to end at $12.60 in switching ownership of 177,576 shares.

In the preference segment, Jamaica Public Service 7% slipped $6 to finish at $38 with 1,132 stock units clearing the market and Sygnus Credit Investments C10.5% fell $2.70 and ended at $101.30 in an exchange of 1,938 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Transjamaican heads JSE USD market


Trading jumped sharply on the Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded surging 322 percent with a 23 percent lower value than on Wednesday, resulting in the exchange of eight securities, compared with six on Wednesday with prices of one rising, six declining and one ending unchanged.

The market closed with an exchange of 333,718 shares valued US$11,447 versus 79,091 stocks at US$14,862 on Wednesday, with Transjamaican Highway, the leading trade with over 300,000 shares.
Trading averaged 41,715 shares at US$1,431 compared to 13,182 stocks at US$2,477 on Wednesday, with a month to date average of 153,581 stock units at US$6,694 compared with 162,621 stocks at US$7,120 on the previous day and January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index fell 3.75 points to close at 213.66. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 6.7. 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, AS Bryden remained at 16.5 US cents with investors trading 100 shares, First Rock Real Estate USD share declined by 0.19 of a cent to 2.71 US cents with 961 stocks crossing the market, MPC Caribbean Clean Energy sank 10 cents in closing at a 52 weeks’ low of 40 US cents with investors swapping 50 shares. Proven Investments shed 0.01 of one cent to end at 11.29 US cents and closed with an exchange of 16,249 stock units, Sygnus Credit Investments slipped 0.1 of one cent to finish at 6.9 US cents with 11,701 shares crossing the market, Sygnus Real Estate Finance USD share rallied 1.04 cents to close at 7.94 US cents in an exchange of 4,384 stock units and Transjamaican Highway fell 0.14 of one cent to 2.5 US cents with investors dealing in 300,186 units.
In the preferred segment, Sygnus Credit Investments US 8% skidded 15 cents to close at US$9.60 in switching ownership of 87 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks that were exchanged declining by 47 percent and the value 16 percent lower than on Wednesday, following trading in 60 securities up from 54, with prices of 19 rising, 23 declining and 18 ending unchanged

The market closed with the trading of 6,727,759 shares at $51,740,145 compared with 12,754,102 stocks valued $61,851,097 on Wednesday.
Trading averaged 112,129 shares at $862,336 compared to 236,187 shares with a value of $1,145,391 on Wednesday and month to date, an average of 458,289 stock units at $1,874,351 compared to 484,882 shares at $1,952,099 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Transjamaican Highway continuing to face selling pressure following PM Holness’ announcement for the planned sale of the remaining shares held in the company by the government, led trading with 1.93 million shares for 28.7 percent of total volume followed by Wigton Energy which ended with 1.07 million units for 15.9 percent of the day’s trade and Wisynco Group with 854,787 stocks for 12.7 percent of the volume traded.
The All Jamaican Composite Index sank 1,453.75 points to 378,896.82, the JSE Main Index dropped 1,169.12 points to end at 327,213.08 and the JSE Financial Index lost 0.22 points to wrap up trading at 68.02. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activities, Barita Investments rallied 36 cents to finish at $73.86 with investors trading 1,405 stock units, Eppley Caribbean Property Fund fell by $3.90 and ended at $35.55 and closed with an exchange of just 2 units, First Rock Real Estate rose 58 cents to $9.16 after trading of 51,647 shares. Guardian Holdings climbed $1.75 to end at $309.75 with investors swapping 142 stock units, JMMB Group sank 91 cents in closing at $20.58, with the switching of ownership in 67,448 shares, Kingston Wharves skidded $2.50 to close at $27.50 with 5,804 stocks changing hands. Lasco Distributors popped 40 cents to $4.75 with traders dealing in 80,324 units, Salada Foods sank 47 cents in closing at $3.20 in an exchange of 500 stocks, Seprod dipped $1.50 to end at $86 with investors trading 10,926 units.  Supreme Ventures rose 69 cents to end at $20.34 after 159,544 stocks had passed through the market and Sygnus Credit Investments increased 44 cents to finish at $12.99 with investors trading 22,779 shares.
In the preference segment, Jamaica Public Service 9.5% advanced $4 to close at $2,690 as investors exchanged 4 stock units. 138 Student Living preference share lost $21.15 to close at $210 in trading 10 shares and Sygnus Credit Investments C10.5% rose $2.50 to end at $104 with as a mere one share passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

JSE USD Market drifts lower


The Jamaica Stock Exchange US dollar market closed on Wednesday, with the volume of stocks traded declining 79 percent with a 42 percent lower value than on Tuesday, resulting in an exchange of six securities, down from 10 on Tuesday with prices of one rising, two declining and three ending unchanged.

The market closed with an exchange of 79,091 shares for US$14,862 down from 373,308 stocks at US$25,625 on Tuesday. Trading ended with an average of 13,182 shares at US$2,477 well below the 37,331 stocks at US$2,563 on Tuesday, with a month to date average of 162,621 units at US$7,120 in line with 172,262 stocks at US$7,419 on the previous day compared with January that ended with an average of 103,137 units for US$4,549.
The US Denominated Equities Index popped 2.26 points to finish at 217.41. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages seven. 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 trading, First Rock Real Estate USD share slipped 0.39 of a cent and ended at 2.9 US cents passed through the market 995 stocks, Proven Investments advanced 0.01 of a cent to 11.3 US cents as investors exchanged 21,699 units, Sygnus Credit Investments ended at 7 US cents with 49,236 shares crossing the market and Transjamaican Highway remained at 2.64 US cents with traders dealing in 6,326 stock units.
In the preference segment, Productive Business Solutions 9.25% preference share declined 10 cents in closing at US$10.50 after a transfer of 832 shares and Sygnus Credit Investments US 8% ended at US$9.75 with investors dealing in 3 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on JSE Main Market


Trading dropped from the robust levels of Tuesday on the Jamaica Stock Exchange Main Market and ended on Wednesday, with an 86 percent drop in the volume of stocks traded accompanied by a 73 percent fall in value from Tuesday, following trading in 54 securities down from 59 on Tuesday, with prices of 19 rising, 19 declining and 16 ending unchanged.

The market closed with the trading of 12,754,102 shares with a value of $61,851,097, down from 93,093,579 stocks at $227,245,086 on Tuesday. Trading averaged 236,187 shares at $1,145,391 and well below the 1,577,857 stocks at $3,851,612 on Tuesday and for the month to date, an average of 484,882 units at $1,952,099 compared with 503,355 shares at $2,012,019 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Wigton Energy led trading with 4.99 million shares for 39.1 percent of total volume followed by Lasco Distributors which ended with 4.03 million stocks for 31.6 percent of the day’s trade and Transjamaican Highway with 1.66 million units for 13 percent of the day’s trade.
The All Jamaican Composite Index increased 752.14 points to conclude trading at 380,350.57, the JSEMain Index popped 283.11 points to end at 328,382.20 and the JSE Financial Index popped 0.15 points to 68.24. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments skidded 38 cents to $73.50 with investors trading 2,672 stock units, Caribbean Cement rose $2.79 to finish at $86.79, with 14,071 shares crossing the exchange, Guardian Holdings gained $3 and ended at $308 with a transfer of 1,559 stocks. JMMB Group popped 94 cents to end at $21.49 with 69,224 units crossing the market, Kingston Wharves climbed $3 in closing at $30 with an exchange of 591 shares, Lasco Manufacturing increased 37 cents to close at $7.97 and closed with an exchange of 17,813 stock units. Massy Holdings fell $1.05 to $80 with investors dealing in 2,521 units, Pan Jamaica dropped $1.40 to close at $55.50 after an exchange of 5,400 stocks, Scotia Group advanced $1 to end at $58 after investors ended trading 1,189 units. Seprod rallied $2 in closing at $87.50 in an exchange of 3,543 stocks and Supreme Ventures shed 70 cents to finish at $19.65 with traders dealing in 36,233 shares.

In the preference segment, JMMB Group 7.15% – 2028 rose 50 cents and ended at $3 as investors exchanged 3,142 stock units and Sygnus Credit Investments C10.5% declined $2.50 to finish at $101.50 in an exchange of 482 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.