Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 74 percent fall in the volume of stocks changing hands having a 74 percent lower value than on Friday and resulting in nine securities traded, compared to 10 on Friday with two rising, three declining and four ending unchanged and resulting in the US Denominated Equities Index jumping 16.75 points to 236.30 and pushing the market back into positive territory.
Overall, 194,605 shares were exchanged for US$3,511 compared with 742,486 units at US$13,313 on Friday.
Trading averaged 21,6n23 shares at US$390 down from 74,249 shares at US$1,331 on Friday, compared with April with an average of 394,241 units at US$22,357.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville remained at 11.48 US cents after a transfer of 25 shares, Productive Business Solutions gained 29.99 cents to end at US$1.8999 as investors exchanged one stock unit, Proven Investments shed 0.19 of a cent in ending at 17.4 US cents after trading 3,996 units, 
Sygnus Credit Investments lost 0.39 of one cent to close at 9.05 US cents in trading 3,168 stocks, Sygnus Real Estate Finance USD share climbed 1.16 cents to close at 12.16 US cents, with 3,383 stock units crossing the exchange and Transjamaican Highway fell 0.05 of a cent and ended at 1.11 US cents with an exchange of 184,000 stocks.
In the preference segment, Eppley 6% preference share ended at US$1.40 after an exchange of two units, Equityline Mortgage Investment preference share had one share changing hands at US$1.64 and JMMB Group 5.75% remained at US$2, with 29 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market jumps into May
JSE Main Market bounces into May
The Jamaica Stock Exchange Main Market ended on Monday, with the JSE Main Index climbing solidly for a second day to start off the new month, with a bullish tone as the volume of stocks traded climbed 48 percent but with 31 percent lower value than that on Friday, following trading in 57 securities down from 60 on Friday, with 23 rising, 15 declining and 19 ending unchanged.
At the close, 22,921,329 shares were traded for $44,514,498 compared with 15,514,547 units at $64,737,290 on Friday.
Trading averaged 402,129 shares at $780,956, versus 258,576 units at $1,078,955 on Friday, compared with April that closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 14.96 million shares for 65.3 percent of the total volume, followed by QWI Investments with 4.29 million units for 18.7 percent of the day’s trade and Wigton Windfarm with 1.61 million units for 7 percent of the day’s trade.
The All Jamaican Composite Index dipped 203.12 points to 380,119.46, the JSE Main Index advanced 2,330.49 points to 340,412.28 and the JSE Financial Index popped 0.16 points to end at 77.78.
PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Carreras traded 62,960 shares and gained 25 cents in closing at $8.75, Guardian Holdings advanced $4.98 to close at $490 in an exchange of 16 shares, Kingston Properties shed 30 cents to end at $7.55 with an exchange of 12,830 stock units, Massy Holdings climbed $2 to end at $90 after an exchange of 455 units, NCBF inancial rose 50 cents to $74 11,619 stocks changing hands, investors traded just 221 shares of 
138 Student Living in pushing the price by 24 cents to $5.27, Pan Jamaica Group shed $2.50 in ending at $52 and closed with 3,176 stock units changing hands, Radio Jamaica fell 40 cents in closing at $1.85 in switching ownership of 438,522 stocks, Seprod rallied $1.01 to $74.01 in trading 4,628 shares, Stanley Motta dropped 45 in closing at $5.55, with 4,906 stock units crossing the exchange, Sygnus Real Estate Finance popped 90 cents to end at $11.79 as investors exchanged 1,341 units and Wisynco Group lost 68 cents to close at $16.77, with 15,585 units clearing the market.
In the preference segment, Eppley 5% preference share gained $2 to end at $22 with an exchange of 5 shares, Eppley 7.50% preference share increased by $1.59 to end at $7.59, with 1,407 stock units crossing the market 
and 138 Student Living preference share climbed $7 and ended at $95 with investors transferring just one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market rallies into May
Trading dropped to start off the new month but investors pushed prices higher to end the first trading day in May with a solid rise in the market index at the close of the Junior Market of the Jamaica Stock Exchange Monday. The volume of stocks traded declined 68 percent and the value plunged 70 percent lower than on Friday with trading in 42 securities compared with 44 on Friday and ending with 18 rising, 14 declining and 10 closing unchanged.
Investors traded 5,316,848 shares at $13,649,412 versus 16,843,959 units at $45,142,781 on Friday.
Trading averaged 126,592 shares at $324,986, down from 382,817 shares at 1,025,972 on Friday compared to April with an average of 266,661 units at $2,583,503.
Image Plus Consultants led trading with 1.76 million shares for 33 percent of total volume following the release of impressive full year results on Friday. Spur Tree Spices followed with 753,997 units for 14.2 percent of the day’s trade and MFS Capital Partners with 393,395 units for 7.4 percent market share.
At the close, the Junior Market Index advanced 45.29 points to end at 3,783.21 after rising by more than 40 points on two consecutive days.
The PE Ratio, a measure of computing appropriate stock values, averages 11.7. The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for the financial years 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 seven with lower offers.
At the close, Access Financial rallied 93 cents in closing at $25.98, with 56 shares crossing the market, Blue Power rose 32 cents to end at $2.44 as investors exchanged 1,924 units, CAC 2000 climbed 9 cents to $8.09 after trading 345 stock units, Consolidated Bakeries advanced 22 cents to close at $2.39 with a transfer of 41,884 stocks. Dolla Financial popped 7 cents to $2.74 while exchanging 41,403 units, EduFocal lost 12 cents in closing at $1.96, with 3,500 stock units crossing the market, Everything Fresh gained 19 cents and ended at $1.69 with investors transferring 375,654 shares, Express Catering increased by 16 cents to close at $5.35 after exchanging 16,082 stocks. General Accident declined 40 cents to $5 in an exchange of 95,100 shares, GWest Corporation popped 9 cents to end at $1.04 after an exchange of 20,309 stock units, Honey Bun rallied 9 cents to close at $6.40 in switching ownership of 38,448 units, 
iCreate increased 10 cents to end at $1.50 after 260,734 stocks passed through the market. Image Plus Consultants popped 10 cents to $2.05 in trading 1,755,637 stocks, Indies Pharma dropped 42 cents to $3.13, with 16,650 shares crossing the exchange, Jetcon Corporation climbed 12 cents to $1.19 after a transfer of 896 stock units, JFP Ltd dipped 10 cents to close at $1.81 in an exchange of 69,748 units. Knutsford Express gained 89 cents to end at $11.39, with 2,482 shares clearing the market, Lasco Distributors rose 36 cents to $2.65 with the swapping of 110,580 stock units, Lasco Manufacturing climbed 11 cents to $4.11, with 79,651 stocks changing hands, Limners and Bards fell 27 cents in closing at $2.26 after investors swapped 34,059 units. Medical Disposables shed 10 cents after ending at $6 with an exchange of 301 shares, MFS Capital Partners fell 10 cents to close at $3.50 with 393,395 stock units changing hands, 
Paramount Trading popped 17 cents to $2.32, with 1,459 stocks crossing the market. Regency Petroleum shed 12 cents to end at $2.53 in trading 218,338 units and Spur Tree Spices dropped 16 cents in closing at $2.62 after a transfer of 753,997 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE greets new month with strong gains
The Jamaica Stock Exchange eked solid gains o start off the new month on a confident footing on Monday, following a positive close to April when all three markets rose, but trading levels fell sharply to start off the month.
The JSE Combined Market Index rose 2,589.09 points to 352,259.36, the All Jamaican Composite Index dipped 203.12 points to 380,119.46, the JSE Main Index jumped 2,330.49 points to 340,412.28, as the Junior Market Index surged 45.29 points to 3,783.21 and the JSE USD Market Index jumped 16.75 points to close at 236.30.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with Eppley 5% preference share gaining $2 to end at $22, Eppley 7.50% preference share increased $1.59 to $7.59 and 138 Student Living preference share climbed $7 and ended at $95.
At the close, investors exchanged 28,430,771 shares in all three markets, down from 33,097,266 units on Friday, with the value of stocks trading amounting to $58.15 million compared with $109.8 million on Friday. Trading on the JSE USD market resulted in investors exchanging 194,605 shares for US$3,511, down from 742,486 units at US$13,313 on Friday.
The market’s PE ratio ended at 18.9 on 2022-23 earnings and 12.5 times those for 2023-24 at the close of trading.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Rising stocks clipped losers on JSE USD Market
Trading dropped back to more recent levels on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks changing hands declining 97 percent with 99 percent lower value than on Thursday, resulting in 10 securities traded, similar to that on Thursday and ended with the prices of three rising, two declining and five ending unchanged.
Investors traded 742,486 shares for US$13,313 compared to 22,118,146 units at US$1,680,361 on Thursday.
Trading averaged 74,249 units at US$1,331, down from 2,211,815 shares at US$168,036 on Thursday, with a month to date average of 394,241 shares at US$22,357, compared with 426,563 units at US$24,480 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index rallied 1.94 points to end at 219.56.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share dropped 0.94 of one cent to end at 5.16 US cents in switching ownership of 1,000 shares, Margaritaville gained 1.45 cents and ended at 11.48 US cents 12 with stock units crossing the market, 
Proven Investments ended at 17.59 US cents and closed with an exchange of 15,823 stocks, Sygnus Credit Investments climbed 0.44 of a cent to close at 9.44 US cents with investors transferring 11,000 units, Sygnus Real Estate Finance USD share rallied 0.43 of one cent in closing at 11 US cents, with 5,312 stock units clearing the market and Transjamaican Highway remained at 1.16 US cents after a transfer of 708,836 stocks.
In the preference segment, Eppley 6% preference share ended at US$1.40 with a transfer of just one unit, Equityline Mortgage Investment preference share remained at US$1.64 with the swapping of a mere one share, JMMB Group 5.75% declined 20 cents in closing at US$2 in an exchange of only one stock and JMMB Group 6% remained at US$1.07 in an exchange of 500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE Main Market on Friday
The Main Market of the Jamaica Stock Exchange jumped on Friday, to close April on a positive note but a little lower than March close. Trading ended with a 61 percent rise in the volume of stocks traded, with the value 31 percent more than on Thursday, following trading in 60 securities compared to 57 on Thursday and ending with prices of 25 rising, 18 declining and 17 ending unchanged.
A total of 15,514,547 shares were traded for $64,737,290 compared to 9,660,257 units at $49,441,575 on Thursday.
Trading averaged 258,576 shares at $1,078,955 compared with 169,478 shares at $867,396 on Thursday and month to date, an average of 264,549 units at $1,409,410, compared with 264,916 units at $1,429,746 on the previous day. trading in March closed with an average of 356,137 units at $3,015,416.
Wigton Windfarm led trading with 7.02 million shares for 45.2 percent of total volume, Transjamaican Highway followed with 3.05 million units for 19.6 percent of the day’s trade, 138 Student Living with 1.85 million units for 11.9 percent market share and Radio Jamaica with 1.48 million units for 9.6 percent of total volume.
The All Jamaican Composite Index jumped 3,118.34 points to finish at 380,322.58, the JSE Main Index rallied 2,293.26 points to 338,081.79 and the JSE Financial Index rose 0.45 points to 77.62.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement declined $1 in closing at $57, with 1,108 shares crossing the market, Eppley Caribbean Property Fund gained $3.39 to end at $43.99, with 1,241 stocks changing hands, First Rock Real Estate advanced 84 cents to $10.84 in switching owners for 48,315 units, Jamaica Broilers rallied 63 cents to $37, with 37,561 stock units clearing the market. Jamaica Stock Exchange increased 55 cents to close at $14.20 with a transfer of 66,110 shares, Kingston Properties rose 35 cents to end at $7.85 and closed after trading in 324,099 units, Kingston Wharves popped 98 cents after ending at $33.73 after investors traded 39,783 stocks, Margaritaville climbed 38 cents to $19 as 320 stock units passed through the market. 
Pan Jamaica Group dropped $1.94 in closing at $54.50 after an exchange of 60,692 shares, Radio Jamaica jumped 50 cents to end at $2.25 after 1,483,903 stocks changed hands, Sagicor Group climbed $2.97 to $52 with the swapping of 218,681 stock units, Seprod fell $2 in closing at $73 as investors exchanged 15,401 units. Supreme Ventures dipped $1.46 to $28 in an exchange of 67,158 stock units, Sygnus Real Estate Finance rallied $1.50 to close at $10.89 after a transfer of 3,947 shares and Wisynco Group popped 56 cents to end at $17.45 with 236,080 stocks crossing the exchange.
In the preference segment, Eppley 7.75% preference share rose 90 cents to $19.50 after trading in 704 units, Jamaica Public Service 7% advanced $30.34 to end at $128.95 with an exchange of 1,820 stocks, JMMB Group 7.25% preference share rose 67 cents to close at a 52 weeks’ high of $5.19 with investors transferring 1,112 shares.
138 Student Living preference share shed 65 cents in ending at $88, with 50 units crossing the market and Productive Business Solutions 9.75% preference share lost $9 in closing at $95 after exchanging 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump for Junior Market
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks traded jumping 170 percent and the value 197 percent more than on Thursday with 44 securities trading compared with 46 on Thursday and ended with 26 rising, just six declining and 12 left unchanged.
Investors traded 16,843,959 shares for $45,142,781 up sharply from 6,242,982 units at $15,183,837 on Thursday.
Trading averaged 382,817 shares at $1,025,972 compared with 135,717 shares at $330,083 on Thursday with the month to date, averaging 266,661 units at $2,583,503 compared to 259,810 stock units at $2,675,368 on the previous day. Trading in March ended with an average of 509,288 units at $1,071,868.
Spur Tree Spices led trading with 3.52 million shares for 20.9 percent of total volume followed by Jamaican Teas with 2.85 million units for 16.9 percent of the day’s trade, JFP Ltd with 2.76 million units for 16.4 percent market share, Regency Petroleum with 1.46 million units for 8.7 percent market share and Indies Pharma with 1.37 million units for 8.1 percent of total volume.
At the close, the Junior Market Index climbed 49.17 points to close at 3,737.92.
The PE Ratio, a measure of computing stock values, averages 11.4. The PE ratios of Junior Market stocks are computed using the last traded price in conjunction with ICInsider.com’s projected earnings for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased $2.05 to close at $25.05 after an exchange of 13,833 shares, Blue Power popped 9 cents to end at $2.12 with the swapping of 42,033 stocks, CAC 2000 lost 9 cents to close at $8 with 100 units passing through the market, Caribbean Cream rose 30 cents to $3.30, with 961 stock units crossing the market. Dolphin Cove fell 37 cents in closing at $14.95, with 58,427 stocks changing hands, Elite Diagnostic advanced 9 cents in closing at $2.59 after ownership was switched for 11,100 shares, Express Catering gained 43 cents to close at $5.19 with investors transferring 14,547 units, 
Fontana climbed 16 cents to end at $8.50 closed with an exchange of 29,337 stock units. Fosrich shed 7 cents in ending at $2.70 after investors traded 394,931 stocks, Indies Pharma rallied 45 cents to $3.55 with an exchange of 1,369,691 shares, ISP Finance climbed $1.48 to end at $22.98 after an exchange of 20 units, JFP Ltd gained 7 cents in closing at $1.91 in an exchange of 2,764,674 stock units. Lasco Distributors popped 8 cents and ended at $2.29 with 171,499 shares clearing the market, Lasco Manufacturing rallied 20 cents to close at $4 after a transfer of 24,554 stock units, Limners and Bards gained 28 cents to close at $2.53, with 372,225 units crossing the market, Mailpac Group rose 10 cents to $2.24 after 102,442 stocks crossed the exchange. Main Event dipped 33 cents in ending at $13.15 as investors exchanged 3,582 stocks, MFS Capital Partners advanced 30 cents to end at $3.60 while exchanging 365,191 stock units, 
Regency Petroleum gained 25 cents to close at record high of $2.65 in an exchange of 1,459,284 units and Stationery and Office Supplies increased $2.47 in closing at $15.75 with a transfer of 121,763 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Jamaica Stock Exchange markets
The Jamaica Stock Exchange eked out modest gains at the end of trading on Friday to end the month on a positive note as all three markets rose as trading returned to more regular levels following a surge in trading on the JSE USD market on Thursday.
Trading ended after the JSE Combined Market Index rose 2,589.87 points to finish trading at 349,670.27, the All Jamaican Composite Index jumped 3,118.34 points to 380,322.58, the JSE Main Index rose 2,293.26 points to conclude trading at 338,081.79, the Junior Market Index jumped 49.10 points to 3,737.92 and the JSE USD Market Index popped 1.75 points to finish at 219.55.
Shares in the preference segment of the Main Market that are not included in the TOP10 graphs ended with Jamaica Public Service 7% advanced $30.34 to end at $128.95 and Productive Business Solutions 9.75% preference share lost $9 in closing at $95.
At the close, investors exchanged 33,097,266 shares in all three markets, up from 38,009,067 units on Thursday, with the value of stocks trading amounting to $109.8 million up from $64.5 million on Thursday. Trading on the JSE USD market resulted in investors exchanging 742,486 shares for US$13,313, down from 22,118,146 units at US$1.68 million on Thursday.
The market’s PE ratio ended at 19 on 2022-23 earnings and 12.7 times those for 2023-24 at the close of trading.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange and shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts along with the closing volume pertaining to the highest bid and the lowest offer for each company.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Moderate trading for JSE main market
Trading activity plunged on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded declining 64 percent and the value 85 percent less than on Wednesday, with trading in 57 securities compared to 60 on Wednesday and resulting in prices of 22 rising, 25 declining and 10 ending unchanged and two stocks hit 52 weeks’ highs.
A total of 9,660,257 shares were traded for just $49,441,575 versus 27,085,519 units at $325,797,894 on Wednesday.
Trading averaged 169,478 shares at $867,396 down from 451,425 units at $5,429,965 on Wednesday and month to date, an average of 264,916 units at $1,429,746, compared with 270,842 units at $1,464,663 on the previous day. March closed with an average of 356,137 units at $3,015,416.
Transjamaican Highway led trading with 3.80 million shares for 39.4 percent of total volume followed by Stanley Motta with 1.77 million units for 18.4 percent of the day’s trade after closing at a 52 weeks’ high and Wigton Windfarm with 1.40 million units for 14.5 percent market share.
The All Jamaican Composite Index climbed 816.41 points to 377,204.24, the JSE Main Index rose 954.77 points to close at 335,788.53 and the JSE Financial Index popped 0.08 points to settle at 77.17.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement lost 98 cents after an exchange of 39,918 shares at $58,Eppley Caribbean Property Fund fell $2.90 to close at $40.60 after investors traded 160 stocks, Guardian Holdings declined $4.98 to $485.02 as investors swapped just 84 units. Jamaica Broilers popped $1.07 to end at $36.37, with 22,085 stock units crossing the market, Jamaica Producers rose 67 cents in closing at $21.67 with a transfer of 10,043 units, JMMB Group climbed 90 cents to $31.45 while exchanging 34,545 shares. 
Kingston Properties rallied 85 cents to close at $7.50 after trading 123,711 stock units, Margaritaville dropped 38 cents in closing at $18.62 with the swapping of 451 stocks, Massy Holdings gained $2.50 to end at $88, with 64 stocks crossing the market. MPC Caribbean Clean Energy shed $12.75 to end at $72.24 in switching ownership of 156 shares, NCB Financial increased $1.50 to close at $73.53 after 27,308 stock units passed through the exchange, Sagicor Group dipped 97 cents in ending at $49.03 as 15,946 units passed through the market, Seprod advanced $5.30 in closing at $75 with an exchange of 30,340 stocks. Supreme Ventures climbed 57 cents to $29.46 and closed with an exchange of 96,813 stock units, Sygnus Real Estate Finance declined $1.61 to end at $9.39 in trading 2 units and Wisynco Group shed 41 cents to $16.89 trading 101,965 shares.
In the preference segment, Jamaica Public Service 7% gained $19.12 to close at $98.61 with investors transferring 1,183 shares. JMMBG 7.5% closed at a 52 weeks’ high of $1.18 after trading 27,760 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
First Rock dominates JSE USD trading
Trading surged sharply on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands jumping 19,268 percent with 22,230 percent greater value than on Wednesday, First Rock Real Estate and proven Investments commanded the bulk of the day’s trade accounting for 99.36 percent of the volume traded, with trading in 10 securities, up from six on Wednesday and closing with four rising, four declining and two ending unchanged.
Overall, 22,118,146 shares were traded, for US$1,680,361 compared with 114,200 units at US$7,525 on Wednesday.
Trading averaged 2,211,815 shares at US$168,036 compared to 19,033 shares at US$1,254 on Wednesday, with a month to date average of 426,563 shares at US$24,480 compared with 225,973 units at US$8,351 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index dipped 19.78 points to 217.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share gained 0.16 of a cent to end at 6.1 US cents after hefty trading of 19,350,000 shares, Margaritaville rallied 0.03 of a cent to 10.03 US cents as investors exchanged 595 units, MPC Caribbean Clean Energy dipped 2 cents in closing at 58 US cents with a transfer of 37 stock units. 
Productive Business Solutions lost 29.99 cents to close at US$1.60 with the swapping of 28 stocks, Proven Investments advanced 0.54 of one cent and ended at 17.59 US cents after an exchange of 2,626,400 stocks, Sterling Investments ended at 1.89 US cents, as 13,860 units changed hands. Sygnus Credit Investments ended at 9 US cents, after trading 75,643 stocks and Transjamaican Highway popped 0.01 of a cent in closing at 1.16 US cents while exchanging 42,500 shares.
In the preference segment, Productive Business 9.25% preference share declined 25 cents to close at US$12.75 in an exchange of 2,566 stocks and JMMB Group 6% shed 1 cent to end at US$1.07 in an exchange of 6,517 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
