The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded declining 24 percent, with a 79 percent lower value than on Monday, resulting in an exchange of nine securities, similar to Monday, with prices of three rising, four declining and two ending unchanged.
The market closed with an exchange of 157,947 shares for US$7,208, after skidding from 206,542 stocks at US$34,989 on Monday.
Trading averaged 17,550 shares at US$801 compared to 22,949 stocks at US$3,888 on Monday, with a month to date average of 20,249 units at US$2,344, down from July’s average of 71,904 units for US$3,475.
The US Denominated Equities Index skidded 0.79 points to settle at 206.35. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one 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 financial year ending around August 2025.
At the close of the market, MPC Caribbean Clean Energy climbed 5.85 cents to 44.85 US cents with an exchange of 88 shares, Proven Investments increased 0.51 of one cent to finish at 10.79 US cents with 14,808 stocks changing hands, Sterling Investments popped 0.02 of one cent and ended at 2.12 US cents after an exchange of 14,639 shares. Sygnus Credit Investments sank 0.4 of a cent to close at 7.15 US cents in trading 17,889 units, Sygnus Real Estate Finance USD share declined 0.21 of a cent to end at 6 US cents with 13,021 stock units changing hands and Transjamaican Highway sank 0.19 of a cent in closing at 2.4 US cents with traders dealing in 97,409 shares.
In the preference segment, JMMB Group 7.5% ended at US$2.05 in an exchange of 11 stocks, Sygnus Credit Investments 8% remained at US$9.40 with investors trading 53 units and Sygnus Credit Investments E8.5% shed 0.01 of a cent in closing at US$9.71 after an exchange of 29 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 3,637,536 shares for $6,464,372 compared with 4,040,505 units at $8,093,170 on Monday.
At the close of the market, Atlantic Hardware popped 12 cents to 95 cents with 6,100 shares passing through the market, Blue Power fell 30 cents to finish at $4.60 with 4,910 stocks being traded, Caribbean Assurance rose 6 cents and ended at $2.14 with the trading of 146,055 shares. Consolidated Bakeries rose 10 cents in closing at $1.35 with investors trading 10,547 stock units, Express Catering rallied 6 cents to close at $2.75 with an exchange of 6,066 units, Fosrich increased 26 cents to end at $2.95 with traders clearing 316,046 stocks. GWest Corporation climbed 6 cents to 85 cents with investors trading 119,555 units, Honey Bun dipped 92 cents to finish at $7.05 with 18,866 shares crossing the market, Indies Pharma gained 5 cents and ended at $3.25 with a transfer of 34,713 stock units. Iron Rock Insurance rose 61 cents in closing at $4.61 after an exchange of 100,747 shares, ISP Finance lost $3 to end at $17 with a mere 54 units crossing the market, JFP dropped 7 cents to close at 47 cents after a transfer of 510,876 stocks.
The market closed with 13,806,979 shares traded for $79,583,760 and sliding from 14,588,589 stock units at $111,467,715 on Monday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
Pan Jamaica skidded 50 cents in closing at $50.50 after an exchange of 6,596 shares, Sagicor Group gained 49 cents to finish at $41.49 with investors dealing in 5,548 stocks, Scotia Group sank $2.95 and ended at $53 with 12,942 units crossing the market. Seprod rose $2 to $85 with a transfer of 551 stock units, Sygnus Credit Investments dipped 57 cents to end at $13.33 with 9,069 shares changing hands and Wisynco Group sank 70 cents in closing at $20.75 with an exchange of 8,847 stocks.
The market closed with 3,806,979 shares trading worth $79,573,053, sliding from 14,588,589 stocks at $111,467,715 on Monday.
The Main Market ended with trading of an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
Pan Jamaica skidded 50 cents in closing at $50.50 after an exchange of 6,596 shares, Sagicor Group gained 49 cents to finish at $41.49 with investors dealing in 5,548 stocks, Scotia Group sank $2.95 and ended at $53 with 12,942 units crossing the market. Seprod rose $2 to $85 with a transfer of 551 stock units, Sygnus Credit Investments dipped 57 cents to end at $13.33 with 9,069 shares changing hands and Wisynco Group sank 70 cents in closing at $20.75 with an exchange of 8,847 stocks.
In Junior Market trading, no stock traded more than a million shares. JFP led with 510,876 shares, followed by Future Energy with 316,364 stocks and Fosrich with 316,046 units.
At the close of the market, the JSE Combined Market Index skidded 1,647.38 points to 318,606.43, the All Jamaican Composite Index dipped 2,013.76 points to close at 353,527.66, the JSE Main Index slipped 1,355.38 points to conclude trading at 307,247.69, the Junior Market Index shed 48.78 points to end at 3,462.25 and the JSE USD Market Index dipped 3.10 points to end trading at 207.14.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.3 based on 2024-25 earnings and 16.1 based on 2024 earnings.
The market closed with an exchange of 206,542 shares for US$34,989, dropping sharply from 4,999,088 stocks at US$155,356 on Thursday.
The market closed with 14,588,589 shares trading for $111,467,715, sliding from 54,924,780 stock units at $327,955,193 on Thursday.
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 year ending around August 2025.
NCB Financial skidded $2.60 to a 52 week closing low of $28.90, after the price hit an intraday low of $27.50, with investors trading 1,834,138 stock units, Proven Investments sank 77 cents to finish at $17.20 in an exchange of 87,761 stocks, Sagicor Group declined $1.07 and ended at $41 with 15,735 units clearing the market. Scotia Group gained $1.95 to close at $55.95 after an exchange of 9,995 stocks, Seprod fell 45 cents to end at $83 with investors dealing in 11,449 units and Sygnus Real Estate Finance advanced $1.19 in closing at $8.49 after an exchange of 1,100 shares.
The market closed with trading of 4,040,505 shares for $8,093,170, dropping sharply from 23,947,024 units at $60,579,867 on Thursday.
Cargo Handlers fell 7 cents to $11.33 with 867 stocks crossing the market, Derrimon Trading slipped 5 cents and ended at $1.94 with an exchange of 987,169 stocks, Dolphin Cove lost 20 cents to finish at $14 with 4,349 units passing through the market. Elite Diagnostic shed 5 cents and ended at $1.50 with investors trading 16,036 shares, Fontana fell 13 cents to close at $8.86 with 47,398 stocks crossing the exchange, Future Energy sank 20 cents to finish at $3 with traders dealing in 158,457 stock units. GWest Corporation declined 7 cents to end at 79 cents with traders swapping 6,193 shares, Image Plus fell 6 cents in closing at 95 cents with the trading of 16,872 units, Indies Pharma gained 10 cents to close at $3.20, with 187,305 stocks clearing the market. Iron Rock Insurance sank 60 cents to $4 after trading of 561 stock units, ISP Finance popped $2.66 in closing at $20 after a transfer of a mere 455 shares, Jetcon Corporation climbed 30 cents to finish at $2 after closing with a transfer of 20,548 stocks.