Trading plunged on the Jamaica Stock Exchange US dollar Market on Thursday, down 41 percent, with a 31 percent greater value than on Wednesday, resulting in the exchange of eight securities, similar to Wednesday, with prices of two rising, two declining and four ending unchanged.
The market closed with an exchange of 197,037 shares for US$22,508, from 335,828 stocks at US$17,154 on Wednesday.
Trading averaged 24,630 shares at US$2,813 compared to 41,979 stocks at US$2,144 on Wednesday, with a month to date average of 21,136 units at US$2,463, up from 20,599 stocks at US$2,409 on the previous day, compared to July with an average of 71,904 units for US$3,475.
The US Denominated Equities Index rallied 1.68 points to end at 204.56. 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 most frequently used measures to determine appropriate stock values, averages 10.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with a financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 1.99 US cents with an exchange of 7 shares, Productive Business Solutions ended at US$1.18 with 457 stock units passing through the market, Proven Investments dipped 0.22 of one cent and ended at 10.28 US cents with investors trading 82,629 stock units. Sygnus Credit Investments remained at 7 US cents in switching ownership of 4,681 shares and Transjamaican Highway gained 0.08 of a cent to end at 2.48 US cents, after 104,533 units were traded.
In the preference segment, JMMB Group 7.5% popped 3 cents in closing at US$2.04 with a transfer of 4,599 shares. Productive Business Solutions 9.25% sank 2 cents to US$10.48, with 91 units crossing the market and Sygnus Credit Investments 8% ended at US$9.80, after trading of 40 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with the JSE Combined Market Index rallying 1,059.92 points to 323,176.73, the All Jamaican Composite Index climbing 2,272.33 points to close at 360,710.78, while the JSE Main Index bouncing 1,135.63 points to end at 311,964.85, the Junior Market Index slipped 3.50 points to finish at 3,470.92 and the JSE USD Market Index popped 1.24 points to settle at 206.24.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.1 based on 2024-25 earnings and 16.1 based on 2024 earnings.
The All Jamaican Composite Index climbed 2,272.33 points to close at 360,710.78, the JSE Main Index rallied 1,135.63 points to 311,964.85 and the JSE Financial Index increased 0.60 points to finish at 64.39.
At the close of the market, AS Bryden climbed $2.20 in closing at $26.20 in transferring 962 shares, Caribbean Cement dived $4.99 to end at $90.01 with an exchange of 9,394 stocks, Eppley Caribbean Property Fund shed $2.50 to close at $40 with an exchange of 640 units. GraceKennedy popped 37 cents and ended at $71.37 as 8,761 shares crossed the market, Guardian Holdings gained $1.02 to finish at $320 after an exchange of just one stock unit, Jamaica Broilers lost $1.90 to end at $23.50, with traders trading 1,751,493 shares. Kingston Wharves rose $2.57 to $32.47 with investors swapping 1,177 stocks, Mayberry Jamaican Equities advanced 97 cents to end at $10.37 with 480 stock units crossing the exchange, NCB Financial dropped $1.03 in closing at $38.97 as 1,621,200 stock units changed hands. 138 Student Living rallied 49 cents to close at $4.69 in an exchange of 189 shares, Pan Jamaica sank $1.49 and ended at $48.51 with investors trading 1,927 stocks,
Sagicor Group slipped 50 cents to finish at $39.50 with an exchange of 21,255 units. Scotia Group sank $1.90 to $54 with traders dealing in 2,440 stock units and Wisynco Group increased 75 cents to close at $20.75 with investors switching ownership of 76,405 shares.
The market closed with trading of just 1,485,320 shares for $4,135,884, with a fall from 2,603,405 units at $4,529,402 on Monday.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
The market closed with 5,428,993 shares trading worth $60,680,520 compared with 47,379,247 stock units at $194,226,991 on Monday.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with fiscal years ending around August 2025.
Sagicor Group dropped $1 and ended at $40 after traders swapped 4,806 units. Sagicor Real Estate Fund rallied 55 cents to close at $7.70 with investors trading 200 shares, Scotia Group increased $2.26 to end at $55.90 with 203,434 units passing through the market, Seprod popped 66 cents in closing at $84.90 after traders transferred 6,512 stocks. Stanley Motta increased 41 cents to $6.45 as 22 stock units crossed the market, Sygnus Real Estate Finance sank $1.22 to finish at $7.25 with investors exchanging 50 shares and Wisynco Group slipped 75 cents and ended at $20 with 38,458 stocks clearing the market.
The market closed with an exchange of 36,279 shares for US$1,844, down from 219,406 stocks at US$8,853 on Monday.
At the close of the market, the JSE Combined Market Index rose 3,052.35 points to end at 322,116.81, the All Jamaican Composite Index rose 2,361.17 points to wrap up trading at 358,438.45, the JSE Main Index rallied 2,847.83 points to finish at 310,829.22, the Junior Market Index increased a solid 45.84 points to 3,474.42 and the JSE USD Market Index shed 0.93 points to settle at 205.00.
The market’s PE ratio, the most popular measure used in the valuation of stocks, ended trading at 13.2 based on 2024-25 earnings and 16.2 on 2024 earnings.
The market closed with an exchange of 219,406 shares for US$8,853, jumping from 64,440 stocks at US$2,396 on Friday.
The market closed with trading of 2,603,405 shares for $4,529,402, sliding sharply from 41,932,189 units at $104,208,622 on Friday.
At the close of the market, Access Financial rallied 36 cents to end at $17.99 after an exchange of 26 shares, Blue Power gained 8 cents and ended at $4.58, with trading of 2,638 stock units, Cargo Handlers declined by 8 cents to $11.25 with the trading of 177 stocks. Caribbean Cream rose 24 cents to end at $2.24 with a transfer of 1,500 shares, Derrimon Trading sank 5 cents in closing at $1.77 after an exchange of 136,718 stock units, Elite Diagnostic rallied 10 cents to close at $1.60 with 82,000 shares crossing the market. Express Catering popped 5 cents to $2.70 with traders exchanging 9,018 stocks, Fontana gained 10 cents and ended at $8.95 with 101,950 units clearing the market, Fosrich advanced 30 cents in closing at $2.99 with investors trading 293,102 stock units.