Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining 48 percent and the value falling 72 percent compared to trading on Thursday, resulting in seven securities traded, down from nine on Thursday, with three rising, one declining and three ending unchanged.
A total of 185,693 shares were traded for US$5,262 compared to 359,174 units at US$18,682 on Thursday.
Trading averaged 26,528 units at US$752 versus 39,908 shares at US$2,076 on Thursday, with a month to date average of 35,641 shares at US$2,374 versus 36,419 units at US$2,513 on the previous day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index lost 0.39 points to end at 212.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share gained 0.83 of a cent to end at 7.98 US cents after exchanging 100 shares, MPC Caribbean Clean Energy rose 5 cents to 85 US cents, with 21 units being traded, 
Proven Investments ended at 19 US cents after trading 14,623 stocks. Sygnus Credit Investments USD share added 0.72 of one cent in ending at 10.52 US cents, with 3,483 stock units changing hands and Transjamaican Highway lost 0.01 of a cent in closing at 0.9 of one US cent in trading 167,387 stock units.
In the preference segment, Productive Business 9.25%p reference share remained at US$11.10 in an exchange of 50 shares and Equityline Mortgage Investment preference share ended at US$1.75 with an exchange of 29 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market rises with lower volume
Gains for Junior Market on Friday
The Junior Market of the Jamaica Stock Exchange recorded gains for the first time in six trading days at the close of the market on Friday, with the volume of stocks traded declining 15 percent and the value 8 percent lower than in trading on Thursday following activities in 42 securities versus 40 on Thursday and ended with 15 rising, 18 declining and nine closing unchanged.
A total of 11,685,238 shares were traded for $33,419,102, compared with 13,716,040 units at $36,147,946 on Thursday.
Trading averaged 278,220 shares at $795,693 down from 342,901 stock units at $903,699 on Thursday, with trading month to date averaging 292,081 units at $940,323 compared to 293,594 stock units at $956,101 on the previous day. September closed with an average of 470,099 units at $1,578,447.
EduFocal led trading with 2.67 million shares for 22.8 percent of total volume followed by AMG Packaging with 1.99 million units for 17.1 percent of the day’s trade, JFP Limited ended trading 1.50 million shares for 12.9 percent of stocks traded and ONE on ONE Educational had an exchange of 1.40 million units for 12 percent market share.
At the close, the Junior Market Index rallied 21.06 points to settle at 4,099.20. The PE Ratio, a measure of computing appropriate stock values, averages 12.7. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial popped $3.15 to close at $23.25 while exchanging 443 shares, AMG Packaging dipped 29 cents in closing at $3.50 with a transfer of 1,994,316 units, following the release of full year results showing profits up 77 percent over 2021. Caribbean Assurance Brokers climbed 15 cents to $2.45 with 24,289 stock units changing hands. Caribbean Cream dipped 33 cents to $4.06, with 4,154 stocks changing hands, Consolidated Bakeries declined 24 cents in ending at $2.41 after trading 11,628 shares, Everything Fresh increased 15 cents to $1.80, with 123,154 stock units crossing the market. GWest Corporation advanced 14 cents to $1.10 with the swapping of 5,300 units, Honey Bun rallied 10 cents to $7.80 but only after trading at an intraday low of $6, and ended with an exchange of 83,330 shares, Indies Pharma lost 14 cents to end at $2.89 after a transfer of 10,336 stocks. 
KLE Group shed 16 cents to close at $1.99 after 203 stock units passed through the market, Knutsford Express gained 50 cents to close at $8.50 in switching ownership of 76,459 units, Lumber Depot rose 15 cents to $2.85 in an exchange of 210,367 shares. Main Event fell 50 cents in closing at $8.40 after trading 877 stocks and MFS Capital Partners fell 15 cents in ending at $2.70 and exchanging 658,300 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE – Friday
The Junior Market and the USD Market rose in trading on Friday but the Main Market of the Jamaica Stock Exchange declined moderately, resulting in the JSE Combined Index, a measure of the overall market, falling 143.83 points to close at 369,477.68.
The All Jamaican Composite Index dropped 500.21 points to 406 374.06, the JSE Main Index fell 358.44 points to 355,737.49, the Junior Market Index shed 21.06 points to 4,099.20 and the JSE USD market Index popped 0.39 points to close at 212.41.
Trading ended, with 21,014,171 shares changing hands, at $114.5 million, up from $107.9 million, with 24,727,814 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$5,262 from US$18,682 on Thursday.
The market’s PE ratio ended at 23.5 based on 2021-22 earnings and 12.6 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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 investment decisions by 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
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.
Trading pickup
Trading picked up on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded rising 44 percent, with a modest increase in value over trading on Wednesday, with 58 securities trading compared to 57 on Wednesday, leading to prices of 17 rising, 25 declining and 16 ending unchanged.
A total of 10,652,600 shares were traded for $71,783,616 up from 7,390,135 units at $69,722,827 on Wednesday.
Trading averaged 183,666 shares at $1,237,649, up from 129,651 shares at $1,223,207 on Wednesday and month to date, an average of 153,352 units at $1,627,367 versus 149,505 units at $1,676,828 on the previous trading day. September closed with an average of 533,719 units at $5,494,282.
Transjamaican Highway led trading with 3.03 million shares for 28.5 percent of total volume, Wigton Windfarm was next, with 1.67 million units for 15.6 percent of the day’s trading, JMMB Group 7.5% preference share ended with 1.15 million units for 10.8 percent of the market and Wisynco Group with 1.10 million units for 10.3 percent market share.
The All Jamaican Composite Index declined 1,662.75 points to 406,874.27, the JSE Main Index dipped 1,570.82 points to 356,095.93 and the JSE Financial Index slipped 0.20 points to 85.68.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dropped $1.63 in closing at $106.24 with a transfer of 31,702 stocks, Berger Paints lost 45 cents to end at $10.80, with 2,444 stock units crossing the market. Caribbean Cement fell 73 cents to $59 after a transfer of 6,923 units, Caribbean Producers declined 86 cents to $13.14, with 357,429 stocks crossing the market, Eppley rallied 50 cents to end at $39 while exchanging 247 stock units. GraceKennedy dipped $1 to end at $90, with 77,947 units clearing the market, Guardian Holdings advanced $10 in closing at $505 with investors transferring 200 shares, Jamaica Broilers rose 60 cents to $29.60 after exchanging 11,391 stocks. Mayberry Investments gained 80 cents to close at $8 after an exchange of 7,252 units. Mayberry Jamaican Equities climbed 50 cents to $13.50 in switching ownership of 46,013 stock units, MPC Caribbean Clean Energy popped $11 in closing at $82.40, with 105 shares crossing the exchange. NCB Financial popped $1 to $90 as investors exchanged 56,170 stock units, PanJam Investment increased $7 to close at $57 after trading 2,917 units, Scotia Group shed 97 cents in ending at $35 after exchanging 8,000 stocks. Sygnus Credit Investments rose 60 cents to $13.30 with the swapping of 284,491 shares and Sygnus Real Estate Finance climbed 79 cents in closing at $10.30 with 100 units changing hands.
In the preference segment, JMMB Group 7.25% preference share dipped 48 cents to close at $2.72 with an exchange of 2,283 stock units, 138 Student Living preference share rallied $3.48 in ending at $68, with 697 stocks changing hands, Productive Business Solutions 10.5% increased $49 to close at $1149 after trading 163 shares and Productive Business Solutions 9.75% preference share dropped $10.85 to end at $107.15 in an exchange of 111 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market, prices fall
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 87 percent, valued 27 percent more than on Wednesday, resulting in nine securities traded, compared to 10 on Wednesday with two rising, four declining and three ending unchanged.
Overall, 359,174 shares were traded for US$18,682 up from 191,964 units at US$14,483 on Wednesday.
Trading averaged 39,908 units at US$2,076 compared to 19,196 shares at US$1,448 on Wednesday, with a month to date average of 36,419 shares at US$2,513 versus 35,988 units at US$2,567 on the previous day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index lost 3.15 points to end at 212.02.
PE Ratio, a measure used to compute appropriate stock values, averages 8.6 for the market. The PE ratio utilises ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.34 of one cent to close at 7.15 US cents in switching ownership of 5,945 shares, Proven Investments lost 0.2 of a cent in ending at 19 US cents after it traded at an intraday low of 18.5 cents in trading 57,398 stocks, Sygnus Credit Investments J$ share remained at 15.63 US cents after exchanging three stock units. Sygnus Credit Investments USD share rallied 0.29 of a cent to 9.8 US cents with the swapping of 4,697 units and 
Transjamaican Highway declined 0.08 of one cent in closing at 0.91 of a US cent, with 288,969 stocks changing hands.
In the preference segment, Productive Business 9.25% preference share climbed 10 cents to close at a 52 weeks’ high of US$11.10 while exchanging 100 units. Eppley 6% preference share ended at US$1.13 in trading six stock units, Equityline Mortgage Investments preference share shed 10 cents in closing at US$1.75 after trading 56 shares and JMMB Group 5.75% remained at US$1.50 with 2,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading surges
Trading surged on the Junior Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded rising 110 percent with a value 69 percent greater than on Wednesday after activities in 40 securities versus 45 on Wednesday and ended with 17 rising, 17 declining and six closing unchanged.
A total of 13,716,040 shares were traded for $36,147,946 up sharply from 6,517,560 units at $21,338,285 on Wednesday.
Trading averaged 342,901 shares at $903,699 against 144,835 units at $474,184 on Wednesday with a month to date, average of 293,594 units at $956,101 compared to 287,877 stock units at $962,177 on the previous day. September closed with an average of 470,099 units at $1,578,447.
Lumber Depot led trading with 4.90 million shares for 35.7 percent of total volume followed by JFP Limited with 2.32 million units for 16.9 percent of the day’s trade and Fosrich with 1.12 million units for 8.2 percent market share.
At the close, the Junior Market Index lost 38.20 points to settle at 4,078.14. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and nine with lower offers.
At the close, Access Financial dropped $5.05 to $20.10 as investors exchanged 17,518 shares, EduFocal rallied 15 cents to close at $2.90 with the swapping of 95,552 units, Express Catering climbed 21 cents in closing at $5.29 crossing the exchange 3,904 stock units. GWest Corporation fell 14 cents to end at 96 cents trading 540 stocks, Honey Bun dipped 30 cents ending at $7.70 in exchanging 13,353 shares, Knutsford Express increased 40 cents to end at $8 after exchanging 30 units. Lasco Manufacturing advanced 17 cents to close at $4.20 while exchanging 28,070 stock units, Lumber Depot lost 25 cents to $2.70 clearing the market with 4,897,823 stocks, Spur Tree Spices popped 10 cents in closing at $3.60 in trading 441,245 stocks. Stationery and Office Supplies rose 99 cents ending at $16 crossing the market 438 units, Tropical Battery declined 16 cents to close at $2.41 with a transfer of 86,072 shares and tTech gained 25 cents to end at $3.30, with 7,093 stock units changing hands.
In the preference segment, CAC 2000 9.5% preference share shed 18 cents ending at $1 with investors transferring 145,936 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picked up but JSE markets fall
Trading picked up sharply on the Jamaica Stock Exchange but the markets all dropped again on Thursday resulting in the JSE Combined Index, a measure of the overall market, falling 1,813.79 points to close at 369,621.51.
The All Jamaican Composite Index dropped 1,662.75 points to 406 874.27, the JSE Main Index fell 1,570.82 points to 356,095.93, the Junior Market Index shed 38.20 points to 4,078.14 and the JSE USD market Index slipped 3.15 points to close at 212.02.
Trading ended, with 24,727,814 shares changing hands, at $107.9 million, up from $91 million, with 14,099,659 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$18,682 from US$14,727 on Tuesday.
The market’s PE ratio ended at 23.6 based on 2021-22 earnings and 12.8 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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 investment decisions by 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
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.
Losers outpaced winners on JSE USD market
Trading fell sharply from the healthy levels on the Jamaica Stock Exchange US dollar market on Wednesday with the volume of stocks exchanged declining 85 percent, valued at 83 percent less than on Tuesday and resulting in an exchange of 10 securities, similar to trading on Tuesday with one rising, five declining and four ending unchanged.
A total of 191,964 shares were traded for US$14,483 compared to 1,284,881 units at US$85,810 on Tuesday.
Trading averaged 19,196 units at US$1,448 compared with 128,488 shares at US$8,581 on Tuesday, with a month to date average of 35,988 shares at US$2,567 versus 38,654 units at US$2,744 on the previous trading day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index lost 1.87 points to end at 215.17.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share dipped 0.51 of one cent to close at 7.49 US cents with 140,493 shares passing through the market, MPC Caribbean Clean Energy ended at 80 US cents with a transfer of 30 stocks, Proven Investments shed 0.8 of a cent to end at 19.2 US cents with the swapping of 11,764 units. Sterling Investments dipped 0.02 of one cent to 2.23 US cents after exchanging 17,543 stock units, Sygnus Credit Investments USD share fell 1.11 cents to 9.51 US cents, with 5,000 stocks crossing the market and 
Transjamaican Highway lost 0.01 of a cent to end at 0.99 of one US cent after 16,439 stock units passed through the exchange.
In the preference segment, Productive Business 9.25% preference share advanced 40 cents to a 52 weeks’ high of US$11 after a transfer of 20 units, Equityline Mortgage Investment preference share remained at US$1.85, with 26 shares changing hands, JMMB Group 5.75% remained at US$1.50 as 99 stocks passed through the market and JMMB Group 6% ended at US$1.06 after trading 550 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
4 straight days decline for Junior Market
The Junior Market declined for a fourth consecutive day at the close of trading on the Jamaica Stock Exchange Wednesday, after the volume of stocks traded fell 25 percent, with a 12 percent lower value than on Tuesday, with 45 securities trading up from 41 on Tuesday and prices of 15 rising, 22 declining and eight closing unchanged.
A total of 6,517,560 shares were traded for $21,338,285 compared to 8,671,745 units at $24,272,423 on Tuesday.
Trading averaged 144,835 shares at $474,184 compared to 211,506 stock units at $592,010 on Tuesday with the month to date, averaging 287,877 units at $962,177 versus 309,333 stock units at $1,035,376 on the previous day. September closed with an average of 470,099 units at $1,578,447.
Spur Tree Spices led trading with 963,598 shares for 14.8 percent of total volume, followed by Lumber Depot with 876,767 units for 13.5 percent of the day’s trade and Future Energy Source with 675,624 units for 10.4 percent market share.
The Junior Market Index dropped 25.60 points to close at 4,116.34.
The PE Ratio, a measure of computing appropriate stock values, averages 12.5. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
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, Access Financial increased 84 cents to close at $25.15 while exchanging 238 shares, AMG Packaging rallied 20 cents in closing at $3.80 after trading 57,009 stocks, Caribbean Assurance Brokers dipped 16 cents to end at $2.29, with 24,433 stock units changing hands. Consolidated Bakeries rose 22 cents to $2.60, with 1,456 units passing through the market, Dolphin Cove declined 22 cents to $13.75 with investors transferring 1,936 shares, Everything Fresh fell 24 cents to $1.57 in an exchange of 14,205 units. Express Catering lost 21 cents to end at $5.08 after exchanging 14,041 stock units, Fontana climbed 10 cents to $9.40 after a transfer of 94,162 stocks, General Accident shed 15 cents in closing at $5 in switching ownership of 10,243 units. Iron Rock Insurance gained 40 cents to close at $2.50, with 7,132 shares crossing the market, Knutsford Express dropped 40 cents to end at $7.60 with an exchange of 25,870 stock units, Main Event popped $1.19 to $8.90 after investors exchanged 30,824 stocks. 
Paramount Trading lost 17 cents at $1.78, with 54,626 shares clearing the market, Stationery and Office Supplies fell 99 cents to $15.01, with 24,586 units crossing the exchange, Tropical Battery advanced 17 cents to close at $2.57 with a transfer of 58,319 stock units and tTech climbed 45 cents to $3.05 in an exchange of nine no stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All Jamaican Stock Exchanges drop
All three markets of the Jamaica Stock Exchange lost ground on Wednesday resulting in the JSE Combined Index, a measure of the overall market, falling 1947.06 points to close at 371,435.30.
The All Jamaican Composite Index dropped points to 408,537.02, the JSE Main Index fell 1,835.87 points to 357,666.75, the Junior Market Index shed 25.60 points to 4,116.34 and the JSE USD market Index slipped 1.87 points to close at 215.17.
Trading ended, with 14,099,659 shares changing hands, at $91 million, down from $66.78 million, with 15,816,154 shares traded in all markets on the previous day. The JSE USD market ended with the value of stocks traded at US$14,727 from US$85,810 on Tuesday.
The market’s PE ratio ended at 23.5 based on 2021-22 earnings and 12.7 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many 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 investment decisions by 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. It 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
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.
