Trading on the Jamaica Stock Exchange US dollar market climbed 22 percent on Tuesday, with 66 percent more value, following an exchange of seven securities, compared with nine, with prices of three rising, one declining and three ending unchanged.
The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
Trading averaged 31,680 shares at US$2,862 compared to 20,218 stocks at US$1,339 on Tuesday, with a month to date average of 47,134 units at US$2,610, in line with 48,227 stocks at US$2,592 on the previous day and well below trading in June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index gained 1.03 points to close trading at 207.85. The Investor’s Choice bid-offer indicator shows three 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 10.4. 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 of a moderate day of trading, MPC Caribbean Clean Energy popped 4 cents and ended at 43 US cents with 166 shares crossing the market, Proven Investments remained at 10.99 US cents, with investors dealing in 127,510 units, Sterling Investments ended at 2.1 US cents in an exchange of 500 shares. Sygnus Credit Investments rallied 0.46 of one cent to end at 7.58 US cents in trading of 249 stocks and Transjamaican Highway increased 0.08 of a cent to finish at 2.46 US cents with 91,911 stock units crossing the exchange.
In the preference segment, JMMB Group 7.5% skidded 2 cents to close at US$2 with investors trading 1,229 shares and Sygnus Credit Investments 8% ended at US$9.50 as traders closed with an exchange of 194 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed, with trading averaging 138,934 shares at $227,912, far below 2,900,006 stock units at $26,579,887 on Monday. Trading for the month averaged 1,264,724 stock units at $3,087,781 compared with 1,375,947 stocks at $3,370,322 on the previous day, well below June, with an average of 186,843 shares at $332,162.
At the close of trading, Access Financial dropped $3.96 to end at $16.03 with 4,014 shares passing through the market, Blue Power climbed 59 cents to $4.90 with investors dealing in 4,302 stocks, Cargo Handlers increased 75 cents and ended at $10.50 after an exchange of 32,983 shares. Caribbean Assurance Brokers fell 19 cents to finish at $1.80 with 1,437 stock units crossing the market, Dolphin Cove popped 21 cents to close at $13.90 as investors exchanged 601 units, Elite Diagnostic rallied 10 cents in closing at $1.61 after a transfer of 14,961 shares. Express Catering dipped 19 cents to $2.50 in trading 26,030 units, Fontana rose 10 cents and ended at $9 after traders exchanged 72,588 stocks, Future Energy sank 7 cents to close at $2.73 with investors transferring 381,175 stock units. Honey Bun shed 9 cents in closing at $7.91 as 107 shares passed through the market, Iron Rock Insurance lost 90 cents to end at $4 in an exchange of just 58 units, ISP Finance skidded $1.50 to finish at $12.50 with investors trading 815 stocks.
The market closed with an exchange of 181,959 shares worth US$12,055, down from 353,790 stocks at US$13,093 on Monday.
At the close of the market, the JSE Combined Market Index rose 143.04 points to close at 316,747.95, the All Jamaican Composite Index gained 68.59 points to conclude trading at 352,919.83, the JSE Main Index rallied 164.30 points to end at 305,863.11, the Junior Market Index slipped 1.94 points to end at 3,388.10 and the JSE USD Market Index increased 1.97 points to end at 206.82.
The market’s PE ratio, the most popular measure used to value stocks, ended at 1314 based on 2024-25 earnings and that for 2024 earnings, 15.8.
The market closed, with an average of 2,900,006 shares at $26,579,887, well above 144,280 stock units at $335,782 on Friday. Trading for the month to date averaged 1,375,947 units at $3,370,322, rising from 1,204,337 stock units at $756,913 on the previous day and June with an average of 186,843 shares at $332,162.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
The market closed with trading of 10,127,598 shares for $54,364,045, falling from 12,681,799 stock units at $103,301,856 on Friday.
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 the financial year ending around August 2025.
The market closed with an exchange of 353,790 shares for US$13,093, falling precipitously from 2,482,008 stocks at US$72,123 on Friday.
At the close, the JSE Combined Market Index skidded by 641.19 points to end at 316,604.91, the All Jamaican Composite Index dropped 124.69 points to wrap up trading at 352,851.24, the JSE Main Index fell 572.60 points to end at 305,698.81, the Junior Market Index shed 13.02 points to finish at 3,390.04 and the JSE USD Market Index declined 6.08 points to 204.85.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.2 based on 2026-25 earnings and 15.9 based on 2024 earnings.
One has to go back in time to find a better month of trading, with the average for December 2023 of 466,866 units at $1.11 million.