Trading closed with prices of four stocks rising, none declining and one ending unchanged on the Jamaica Stock Exchange US dollar market on Tuesday, after a 315 percent rise in the volume of stocks traded valued 14 percent less than on Monday and resulting in the exchange of five securities, similar to trading on Monday.
The market closed with an exchange of 358,439 shares for US$7,128 compared to 86,270 units at US$8,297 on Monday.
Trading averaged 71,688 stock units at US$1,426 compared with 17,254 shares at US$1,659 on Monday, with a month to date average of 302,274 shares at US$7,363 compared with 320,289 units at US$7,827 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index rose 4.11 points to end at 223.81.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8.1. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At close of the market, Margaritaville advanced 0.19 of a cent to close at 8.09 US cents with investors trading 89 stock units, Proven Investments rose 0.54 of one cent to 10.64 US cents after 2,289 shares were traded, Sterling Investments rallied 0.04 of a cent to end at 1.55 US cents with 188,936 units crossing the market. Sygnus Credit Investments ended at 7 US cents as investors exchanged 6,000 stocks and Transjamaican Highway increased 0.07 of a cent to finish at 1.98 US cents after a transfer of 161,125 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains no losses for JSE USD Market
Guardian Holdings plunges, Junior Market rallies
Guardian Holdings plunged $21 to $288 on the Jamaica Stock Exchange on Tuesday, leading to a marginal rise in the JSE Main Index. At the same time, the All Jamaican Composite Index dropped, as the Junior Market and JSE USD market closed higher as trading ended with the number and the value of stocks changing hands falling, from that of the previous trading day, resulting in prices of 35 shares rising and 31 declining.
At the close of trading, the JSE Combined Market Index climbed 296.59 points to end at 316851.94, the All Jamaican Composite Index skidded 1,081.95 points to close at 347,609.62 and the JSE Main Index climbed 58.67 points to end at 304,375.54. The Junior Market Index rose 33.92 points to 3,596.07 and the JSE USD Market Index rallied 4.11 points to end at 223.81.
At the close of trading, 13,105,016 shares were traded in all three markets, sharply down from 101,328,104 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $75.30 million, compared with $90.29 million on the previous trading day and the JSE USD market closed with an exchange of 358,439 shares for US$7,128 compared to 86,270 units at US$8,297 on Monday.
In Main Market activity, Transjamaican Highway led trading with 2.16 million shares followed by Wigton Windfarm with 1.24 million units and Wisynco Group with 750,121 stock units.
In Junior Market trading, EduFocal led trading with 3.03 million shares followed by Omni Industries with 770,144 units and Spur Tree Spices with 383,260 stock units.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.2 on 2023-24 earnings and 13. times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Falling stocks push down JSE Main Market
Guardian Holdings plunged $41 in trading on the Jamaica Stock Exchange Main Market on Monday, as the volume of stocks traded dived 84 percent and the value dropped 71 percent lower than on Friday, with activity in 60 securities compared with 53 on Friday, with prices of 26 stocks rising, 21 declining and 13 ending unchanged.
The market closed with 7,762,350 shares being traded for $32,965,450 compared with 48,608,865 units at $112,089,625 on Friday.
Trading averaged 129,373 shares at $549,424 compared to 917,148 units at $2,114,899 on Friday and month to date, an average of 350,148 stocks at $2,638,125 compared with 373,347 shares at $2,857,603 on the previous trading day and July with an average of 602,415 units at $5,405,031.
Wigton Windfarm led trading with 1.82 million shares for 23.4 percent of total volume followed by Radio Jamaica with 1.61 million stock units for 20.7 percent of the day’s trade and Transjamaican Highway with 1.08 million units for 14 percent of the day’s trade.
The All Jamaican Composite Index dropped 2,742.57 points to close at 348,691.57, the JSE Main Index declined 2,066.75 points to conclude trading at 304,316.87 and the JSE Financial Index skidded 0.77 points to settle at 64.34.
The Main Market ended trading with an average PE Ratio of 14.8. The JSE Main and 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.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Barita Investments dipped $2.85 to finish at $71.10 with investors trading 6,049 stocks, Caribbean Cement rose 49 cents and ended at $64.49 after a transfer of 756 units, Eppley sank $2.99 to $35.11 as investors exchanged 4,418 shares. Eppley Caribbean Property Fund rallied $3.90 to close at a 52 weeks’ high of $44.65, with 18,917 stock units clearing the market, General Accident popped 52 cents in closing at $7.02 and closed after just 5 shares were traded, GraceKennedy gained $1.59 to end at $74.99 in an exchange of 61,594 units. Guardian Holdings shed $41 to close at $309 trading 2,378 stocks, Jamaica Broilers dropped 99 cents to finish at $34.01 with a transfer of 56,094 stock units, Jamaica Producers lost $1.95 and ended at $21 after 35,101 shares passed through the market. 
Jamaica Stock Exchange climbed 57 cents to close at $10.93 in trading 7,242 units, JMMB Group slipped $1.10 to end at a 52 weeks’ low of $20.80 after an exchange of 59,568 stocks, Kingston Wharves increased 97 cents in closing at $27.97 with investors trading 3,184 stock units. Massy Holdings advanced $3.90 to $75.90 with an exchange of 8,145 shares, 138 Student Living popped 30 cents in closing at $4.30, with 360,045 stocks crossing the market, Pan Jamaica gained $2 to close at $48 with investors swapping a mere one unit. Proven Investments fell $1.55 to end at $16.30 after an exchange of 7,987 stock units, Supreme Ventures rose 80 cents to finish at $21 with investors dealing in 26,174 shares and Wisynco Group climbed 44 cents and ended at $20.44 in switching ownership of 87,489 units.
In the preference segment, Jamaica Public Service 9.5% increased $1 to $2,700 with traders dealing in 2 stocks and 138 Student Living preference share skidded $31.50 to end at $178.50, with 13 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
MFS Capital drives Junior Market trading
MFS Capital Partners controlled 91 percent of the volume of stocks trading and 84 percent in value on the Junior Market of the Jamaica Stock Exchange Monday, pushing the volume of stock traded up by 82, with a 183 percent greater value than on Friday with trading in 44 securities up from 38 on Friday and ending with prices of 13 rising, 18 declining and 13 closing unchanged, including one stock closing at a 52 weeks’ low and one at a 52 weeks’ intraday low.
The market closed with trading of 93,479,484 shares for $57,326,844 compared with 10,164,214 units at $20,268,746 on Friday.
Trading averaged 2,124,534 shares at $1,302,883 compared to 267,479 units at $533,388 on Friday with a month to date, average of 435,250 stock units at $572,778 compared with 253,961 units at $494,426 on the previous trading day and July with an average of 358,542 stock units at $736,760.
MFS Capital Partners led trading with 84.82 million shares for 90.7 percent of total volume followed by EduFocal with 4.52 million stock units for 4.8 percent of the day’s trade and Omni Industries with 1.53 million units for 1.6 percent of the day’s trade.
At the close of trading, the Junior Market Index declined 42.48 points to finish at 3,562.15.
The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial skidded $3 to $19, with 1,906 shares crossing the market, Blue Power lost 61 cents to close at $3.69 with investors dealing in 10,199 stocks, Cargo Handlers fell $1.61 and ended at $10.38 after closing with an exchange of 1,944 shares. Caribbean Cream gained 40 cents in closing at $3.45 with investors trading 70,962 stock units, Dolla Financial slipped 17 cents to finish at $2.83 with a transfer of 89,781 shares, Dolphin Cove popped 22 cents to end at $23.20 with 36,183 units clearing the market. EduFocal sank 5 cents in closing at a 52 weeks’ intraday low of 31 cents after a trading of 4,517,073 stocks, Elite Diagnostic gained 9 cents to close at $1.70 after 38,361 stock units passed through the market, Express Catering shed 43 cents to close at $4.01 with investors swapping 28,350 shares. Fontana sank 11 cents to finish at $8.24, with 18,952 units crossing the market, Fosrich declined 5 cents and ended at $2.15 in trading 4,547 stocks, 
Honey Bun dropped $1.39 to end at $7.10 after an exchange of 31,078 stock units. Image Plus dipped 13 cents to end at $1.56 with investors trading 19,002 shares, Jamaican Teas climbed 12 cents to end at $2.17 in an exchange of 150,509 units, JFP Ltd lost 5 cents in closing at 96 cents with traders dealing in 71 stocks. Limners and Bards dropped 8 cents to close at $1.27 with 824 stock units crossing the exchange, Omni Industries rose 16 cents and ended at $1.10 in switching ownership of 1,534,836 shares, Spur Tree Spices advanced 26 cents to finish at $1.92 with 524,598 units changing hands after trading at a 52 weeks’ intraday low of $1.59 and Stationery and Office Supplies rallied 5 cents to $1.70 with an exchange of 90,577 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed trading for JSE USD Market
Trading volume dropped on the Jamaica Stock Exchange US dollar market on Monday, with a 59 percent drop in the number of stocks traded with a 13 percent greater value than on Friday, resulting in the exchange of five securities, compared to six on Friday with prices of two rising, one declining and two ending unchanged.
The market closed with an exchange of 86,270 shares for US$8,297 compared to 207,924 units at US$7,317 on Friday.
Trading averaged 17,254 stock units at US$1,659 versus 34,654 shares at US$1,220 on Friday, with a month to date average of 320,289 shares at US$7,827 compared with 345,970 units at US$8,349 on the previous day and July with an average of 30,304 units for US$2,118.
The US Denominated Equities Index popped 0.14 points higher to finish at 219.70.
The PE Ratio, a most used measure for computing appropriate stock values, averages eight. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville lost 0.5 of one cent in closing at 7.9 US cents, with 9,986 stocks passing through the exchange, Proven Investments ended at 10.1 US cents with investors dealing in 68,082 units and Transjamaican Highway rose 0.02 of a cent to close at 1.91 US cents, with 7,775 shares crossing the market.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.18 with investors trading 420 stock units and Sygnus Credit Investments E8.5% gained 19.98 cents and ended at US$9.70 after an exchange of 7 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Guardian plunges & MFS big trade
Guardian Holdings plunged $49 to close at $309 in trading on the Jamaica Stock Exchange with declines in the Main and Junior markets and the JSE USD market closing marginally higher as trading ended with the volume of stocks changing hands jumping following trading of 84 million shares traded in MFS Partners, with the value of stocks traded falling below the previous trading day, resulting in prices of 49 shares declining and 32 rising.
At the close of trading, the JSE Combined Market Index dropped 2,279.50 points to 316,555.34, the All Jamaican Composite Index dived 2,742.57 points to 348,691.57 and the JSE Main Index shed 2,066.75 points to end at 304,316.87. The Junior Market Index dropped 42.48 points to 3,562.15 and the JSE USD Market Index popped by just 0.14 points to 219.70.
At the close of trading, 101,328,104 shares were exchanged in all three markets, up from 58,981,003 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $90.29 million, well below the $132.36 million on the previous trading day and the JSE USD market closed with an exchange of 86,270 shares for US$8,297 compared to 207,924 units at US$7,317 on Friday.
In Main Market activity, Wigton Windfarm led trading with 1.82 million shares followed by Radio Jamaica with 1.61 million stock units and Transjamaican Highway with 1.08 million units.
In Junior Market trading, MFS Capital Partners led trading with 84.82 million shares followed by EduFocal with 4.52 million stock units and Omni Industries with 1.53 million units.
In the preference segment, Jamaica Public Service 9.5% rose $1 to $2,700 and 138 Student Living preference share skidded $31.50 to end at $178.50.
The market’s PE ratio, the most popular measure used to value stocks, ended at 19.3 on 2023-24 earnings and 13 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them 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 net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Elite leaps into # 2 on ICTOP10
Much is happening currently in the Jamaica stock market, for earnings season for the second quarter of the year is mostly over and it produced a mix of results some of which affected the price of the stocks at the same time the Junior market recorded only two days of gains for August to date while the Main Market is lower than the close of July.
Interest rates on Bank of Jamaica CDs fell below 9 percent this past week from a high of nearly 12 percent in March this year as inflation continues to moderate and is within the BOJ-mandated target of 4 to 6 percent for all but two months of the year, setting the stage for permanent ease in interest rates.
Several companies reported increased costs that were not recovered from revenue growth, with some having lower revenues, compounding the problem for these companies. Yet there were some positive results. One such is Elite Diagnostic with fourth quarter results of 9 cents per share an indication of a big hike in the 2025 results. ICInsider.com forecast is for 45 cents per share, putting the stock in the number 2 position on the All JSE ICTOP10 as well as the Junior Market at the same time Consolidated Bakeries Is out of both listings, having reported a loss in the second quarter.
The All JSE ICTOP10 represents the ten best stocks to profit from on the Jamaica Stock Exchange. The list had two changes, with Iron Rock Insurance and Consolidated Bakeries dropping out and replaced by Elite Diagnostic and Pulse Investments.
In the JSE Main Market ICTOP 10, VM Investments gained 20 percent to $3.34 and Jamaica Broilers gained just 4 percent to $35. Berger Paints fell 14 percent to $6.36 and Pulse Investments lost 4 percent to close at $1.53.
In the Junior Market TOP10, Consolidated Bakeries surged 26 percent following a sharp drop in the previous week to close at $2.01, Caribbean Assurance jumped 17 percent to $3.50 and Iron Rock Insurance rose 5 percent to $3.15. Caribbean Cream fell 11 percent to $3.05 and tTech dropped 10 percent to $2.07.
The average PE for the JSE Main Market ICTOP 10 stands at just 4.9, well below the market average of 13.7 and the Junior Market TOP10 sits at 5.9, just over half of the market, with an average of 12.2.
The Main Market ICTOP10 is projected to gain an average of 323 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 267 percent over the same period.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 102, with an average of 29 and 20 excluding the highest PE ratios and a PE of 22 for the upper half and 17 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 9 stocks, or 18 percent of the market, with PEs ranging from 15 to 22 and a PE of 16 for the upper half.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Transjamaican pref share was the lead trade
Falling stocks dominated trading on the Jamaica Stock Exchange Main Market on Friday, following a 462 percent surge in the volume of stocks traded and a 128 percent rise in value over Thursday, with Transjamaican Highway preference shares accounting for 81 percent of the volume traded, with trading in 53 securities down from 55 on Thursday, with prices of 20 rising, 26 declining and seven ending unchanged.
The market closed with trading of 48,608,865 shares for $112,089,625 compared with 8,643,170 stock units at $49,192,520 on Thursday.
Trading averaged 917,148 shares at $2,114,899 compared with 157,149 stocks at $894,409 on Thursday and month to date, an average of 373,347 units at $2,857,603 compared with 317,707 shares at $2,933,594 on the previous day and an average of 602,415 stocks at $5,405,031 in July.
Transjamaican Highway 8% led trading with 39.38 million shares for 81 percent of total volume followed by Wigton Windfarm with 2.59 million stock units for 5.3 percent of the day’s trade, Radio Jamaica ended with 2.09 million stocks for 4.3 percent market share and Transjamaican Highway with 1.14 million shares for 2.4 percent of total volume.
The All Jamaican Composite Index slipped 417.07 points to lock up trading at 351,434.14, the JSE Main Index slipped 2,451.83 points to wrap up trading at 306,383.62 and the JSE Financial Index lost 0.13 points to finish at 65.11.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and 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.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of market activity, AS Bryden dipped $1.48 to $37.50 with a transfer of 474 stocks, Berger Paints sank 49 cents in closing at $6.36 as investors exchanged 4,157 units, Caribbean Cement climbed 49 cents to $64, with 6,847 shares crossing the market. Eppley Caribbean Property Fund rallied $2.75 to finish at $40.75 in an exchange of 84 stock units, General Accident fell 52 cents and ended at $6.50 with investors trading a mere 51 shares, GraceKennedy dropped 60 cents to $73.40 in an exchange of 23,166 stocks. Jamaica Broilers sank $1 in closing at $35 with investors swapping 2,471 units, JMMB Group dropped $1.08 to a 52 weeks’ low of $21.90 after a transfer of 51,609 stock units, Lasco Manufacturing popped 34 cents to close at $6.88 in switching ownership of 31,897 shares. Massy Holdings lost $4 and ended at a 52 weeks’ low of $72 after an exchange of 2,521 units, NCB Financial skidded $1.91 to finish at $52 after 79,602 stocks passed through the market, Pan Jamaica declined $3.90 to end at $46 after an exchange of 88,081 stock units. 
Proven Investments advanced $1.15 to $17.85 after trading 9,656 shares, Salada Foods rose 84 cents to close at $3.85 with investors dealing in 5,629 units, Seprod shed $2.94 and ended at $80.01, with 5,871 stocks changing hands. Supreme Ventures fell 80 cents to end at a 52 weeks’ low of $20.20 with investors trading 17,247 stocks, Sygnus Credit Investments sank 41 cents in closing at $10.78, with 8,544 shares crossing the market, Victoria Mutual Investments rose 68 cents to finish at a 52 weeks’ high of $3.34 in trading 800,123 stock units and Wisynco Group declined 48 cents and ended at $20, with 124,688 stocks crossing the exchange.
In the preference segment, Eppley 7.25% preference share sank $1.70 to $17.80 with traders dealing in 58 units, JMMB Group 7% preference share dipped 50 cents in closing at $2.70 with 500 shares clearing the market and Sygnus Credit Investments C10.5% rallied $1 to end at $102 with an exchange of 2,006 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dips on the Junior Market
The Junior Market of the Jamaica Stock Exchange continued the declining pattern set from the start of the month, with just two days of index gains as the market lost value again on Friday, following a 42 percent decline in the volume of stocks traded, with 52 percent lower value than Thursday with trading in 38 securities down from 42 on Thursday and ending with prices of 13 rising, 17 declining and eight closing unchanged.
Trading ended with an exchange of 10,164,214 shares for $20,268,746 compared with 17,444,446 units at $41,871,104 on Thursday.
Trading averaged 267,479 shares at $533,388 compared to 415,344 units at $996,931 on Thursday. Trading for the month to date, averages 253,961 stock units at $494,426 compared to 252,581 units at $490,446 on the previous day and an average of 358,542 units at $736,760 in July.
Dolla Financial led trading with 2.10 million shares for 20.7 percent of total volume followed by Jamaican Teas with 1.68 million units for 16.5 percent of the day’s trade and Mailpac Group with 895,692 stock units for 8.8 percent market share.
At the close of trading, the Junior Market Index lost 23.57 points to close at 3,604.63.
The Junior Market ended trading with an average PE Ratio of 12.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Assurance Brokers declined 8 cents in closing at $3.50 after investors ended trading of 63,075 shares, Dolla Financial climbed 5 cents to $3, with 2,100,105 stocks crossing the market, Elite Diagnostic popped 7 cents to close at $1.61 in an exchange of 320,056 shares. Express Catering rallied 31 cents to finish at $4.44, with 120,456 stock units crossing the market, Fontana rose 13 cents and ended at $8.35 after a transfer of 49,180 shares, Fosrich advanced 6 cents to end at $2.20 with 30,000 stocks crossing the exchange. iCreate sank 6 cents in closing at 40 cents with a transfer of 756,093 units, 
Image Plus gained 6 cents to $1.69 with investors dealing in 150,257 stock units, ISP Finance dipped $2.01 to close at $20.98 and closed after an exchange of 5,000 shares. Jamaican Teas fell 14 cents to $2.05 as investors exchanged 1,676,763 stocks, Limners and Bards skidded 12 cents to end at $1.35 with 63,654 units clearing the market, Lumber Depot sank 5 cents to finish at $2.76 with an exchange of 30,000 stock units. Spur Tree Spices slipped 24 cents to end at a 52 weeks’ low of $1.66 after 161,400 shares passed through the market, Stationery and Office Supplies lost 5 cents to end at $1.65 in an exchange of 28,657 stocks and Tropical Battery dropped 10 cents in closing at $2.18 with investors trading 251,756 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading ended with a 74 percent decline in the volume of stocks traded on Jamaica Stock Exchange US dollar market on Friday, with a 85 percent lower value than on Thursday, resulting from an exchange of six securities, compared to four on Thursday with prices of two rising, two declining and two ending unchanged.
The market closed with an exchange of 207,924 shares for US$7,317 down from 810,331 units at US$50,222 on Thursday.
Trading averaged 34,654 stock units at US$1,220 compared to 202,583 shares at US$12,556 on Thursday, with a month to date average of 345,970 shares at US$8,349 compared with 381,213 units at US$9,156 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index skidded 0.57 points to lock up trading at 219.56.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
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 end of market activity, Proven Investments dipped 0.62 of one cent to finish at 10.1 US cents in an exchange of 19,800 stocks, Sterling Investments remained at 1.51 US cents with investors trading 16,000 stock units, 
Sygnus Credit Investments climbed 0.5 of one cent and ended at 7 US cents after 772 shares crossed the market and Transjamaican Highway sank 0.09 of a cent to close at 1.89 US cents with investors swapping 171,002 stock units.
In the preference segment, JMMB Group 5.75% ended at US$1.85 with trading of 200 shares and Sygnus Credit Investments E8.5% increased 0.01 of a cent to end at US$9.5002 with investors dealing in 150 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
