Trading surged on the Jamaica Stock Exchange US dollar market on Thursday, with an 86 percent jump in the volume of stocks traded, with a 37 percent more value than on Wednesday, resulting in exchange of nine securities, compared with nine on Wednesday with prices of three rising, three declining and three ending unchanged.
The market closed with an exchange of 1,443,539 shares for US$59,446 compared with 776,682 stocks at US$43,426 on Wednesday.
Trading ended with an average of 160,393 shares at US$6,605 compared to 86,298 stocks at US$4,825 on Wednesday, with the month to date averaging 62,144 stock units at US$2,998 compared with 56,402 stocks at US$2,787 on the previous day and April that ended with an average of 261,717 units for US$10,686.
The US Denominated Equities Index declined 8.35 points to wrap up trading at 236.68. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.4. 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, Productive Business Solutions shed 10 cents to end at US$1.25 in an exchange of 757 shares, Proven Investments popped 0.91 of one cent to close at 11.91 US cents after trading of 238,635 units, Sterling Investments remained at 1.97 US cents and closed with an exchange of 1,200 stocks. Sygnus Credit Investments slipped 0.1 of a cent to end at 6.89 US cents with investors trading 23,893 shares, Sygnus Real Estate Finance USD share ended at 7 US cents after 362 stock units passed through the market and Transjamaican Highway gained 0.02 of a cent to finish at 2.4 US cents with traders dealing in 1,177,430 shares.
In the preference segment, JMMB Group 7.5% slipped 1 cent to US$2.09 as investors exchanged 212 stocks, JMMB Group US8.5% remained at US$1.10 in trading 700 units and Productive Business Solutions 9.25% rose 60 cents in closing at US$10.80 with 350 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index advanced 3,587.17 points to finish at 335,172.20, the All Jamaican Composite Index rallied by 4,084.54 points to conclude trading at 373,127.19, the JSE Main Index advanced 3,426.04 points to end at 324,371.27, the Junior Market Index rose 43.34 points to end at 3,491.23 and the JSE USD Market Index sank 8.34 points to 236.68.
In the preference segment, Jamaica Public Service 9.5% increased $34.82 to $2,689 and Sygnus Credit Investments 10% popped $2 to $103.
The market closed with 14,979,388 shares trading for $133,414,112, climbing from 9,576,121 stock units at $87,077,760 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending on or around August 2025.
ONE on ONE Educational led trading with 11.68 million shares for 44.1 percent of total volume, followed by Derrimon Trading, with 3.24 million stocks for 12.2 percent of the day’s trade, RA Williams closed with 2.65 million stock units for 10 percent of the volume traded, Jamaican Teas ended with 2.28 million shares for 8.6 percent of the volume traded, Stationery and Office Supplies closed with 1.35 million stocks for 5.1 percent of the volume traded and Kintyre Holdings with 1.23 million stock units for 4.6 percent of market share.
The Junior Market ended trading with an average PE Ratio of 13.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, the JSE Combined Market Index slipped 730.36 points to wrap up trading at 331,585.03, the All Jamaican Composite Index fell 391.55 points to 369,042.65, the JSE Main Index dropped 569.44 points to settle at 320,945.23, the Junior Market Index slipped 25.63 points to 3,447.89 and the JSE USD Market Index gained 0.68 points to wrap up trading at 245.02.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13 based on 2024-25 earnings and 16.4 using earnings for 2024.
The market closed with trading of 16,713,593 shares at $23,645,893, falling sharply from the 176 million shares of Dolla Financial that pushed up Monday’s trading to 179,754,135 stock units valued at $339,502,708.
The Junior Market ended trading with an average PE Ratio of 13.5, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
The market closed with 9,576,121 shares being traded with a value of $87,077,760, down slightly from 9,762,580 stocks with a value of $56,407,184 on Monday.
At the close of trading, Berger Paints rallied by 39 cents to close at $7.40 with trading in 3,089 shares, Caribbean Cement popped $1 to $81 after an exchange of 30,868 units, Caribbean Producers shed 44 cents and ended at $8.01 with investors dealing in 37,898 stocks. Eppley Caribbean Property Fund gained $7.89 in closing at $45.90 with 1,698 shares switching ownership, First Rock Real Estate rose 58 cents to end at $9.18 after a transfer of 40 stock units, Guardian Holdings climbed $33 to finish at $360 as 6 shares crossed the market. Jamaica Producers climbed $2.07 to $24.15 after an exchange of 300,000 stock units, JMMB Group advanced $1.89 to end at $21.89 as 303,490 units crossed the market, Massy Holdings popped 58 cents in closing at $77 in an exchange of 1,222 stocks. MPC Caribbean Clean Energy jumped $6.70 and ended at $64 with traders dealing in 304 shares, NCB Financial dropped $1 to finish at $42 with 331,874 stocks crossing the exchange,
The market closed with an exchange of 272,089 shares for US$14,705, an increase from the 248,681 stocks at US$11,647 on Monday.
At the close of the market, the JSE Combined Market Index popped 3,538.76 points to 332,315.39, the All Jamaican Composite Index rallied 2,026.39 points to end at 369,434.20, the JSE Main Index climbed 3,241.16 points to wrap up trading at 321,514.67, the Junior Market Index jumped 60.94 points to finish at 3,473.52 and the JSE USD Market Index sank 2.33 points to end at 244.34.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.9 based on 2024-25 earnings and 16.5, based on 2024 earnings.