Trading jumps on the JSE USD market


The Jamaica Stock Exchange US dollar market closed on Monday with a 366 percent jump in the volume of stocks traded rising, with a 138 percent higher value than on Friday, resulting in the exchange of six securities, compared with nine on Friday with prices of four rising, one declining and one ending unchanged.

The market closed with an exchange of 680,107 shares for US$21,934 up from 145,889 stocks at US$9,208 on Friday. Trading averaged 113,351 shares at US$3,656 compared to 16,210 stocks at US$1,023 on Friday, with a month to date average of 122,977 units at US$5,018 compared with 123,379 shares at US$5,075 on the previous day and December that ended with an average of 229,957 units for US$7,451.
he US Denominated Equities Index lost 1.25 points to wrap-up trading at 236.18. 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 best known measures used to determine appropriate stock values, averages 7.4. 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 trading, First Rock Real Estate USD share advanced 0.01 of one cent to close at 3 US cents with 4,659 stock units crossing the exchange,  Productive Business Solutions popped 5 cents to US$1.45 after a transfer of 124 shares, Sterling Investments ended at 1.8 US cents with 2,113 units passing through the market. Sygnus Credit Investments climbed 0.05 of a cent to finish at 7 US cents after an exchange of 8,588 stocks, Sygnus Real Estate Finance USD share rose 0.1 of a cent to end at 6 US cents with investors swapping 89,021 shares and Transjamaican Highway fell 0.13 of one cent in closing at 2.74 US cents with 575,602 stock units clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

PM Holness triggers Transjamaican selling


The selloff in shares of Transjamaican Highway, Jamaica’s first toll-road operator continued on Monday following the announcement by the country’s Prime Minister of the sale of government interest in the company in a public offer. With that potential offer hanging over the market, investors would be more inclined to hold off buying currently and await the offer rather than tying up funds now, at a price that could head lower.

At the close of the day the stock dropped 17 cents to close at $4.03 in heavy trading that went as low as $3.87. Elsewhere, trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded overall declining 11 percent and the value 10 percent lower than on Friday, following trading in 61 securities compared with 60 on Friday, with prices of 25 rising, 22 declining and 14 ending unchanged.
The market closed with 13,163,986 shares trading for $64,249,076 down from 14,725,334 stocks at $71,113,191 on Friday. Trading averaged 215,803 shares at $1,053,264 just below 245,422 stocks at $1,185,220 on Friday and month to date, an average of 229,728 units at $1,748,852 compared with 230,553 shares at $1,790,087 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Transjamaican Highway led trading with 9.17 million shares for 69.7 percent of total volume followed by Wigton Energy which ended with 790,747 stock units for 6 percent of the day’s trade and JMMB Group 7.35% – 2028 with 613,148 stocks for 4.7 percent of the volume traded.
The All Jamaican Composite Index rallied 3,023.20 points to 387,639.84, the JSE Main Index climbed 2,377.58 points to settle at 334,994.37 and the JSE Financial Index increased a mere 0.16 points to finish at 68.98. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. 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.
At the close of a moderate day of trading, AS Bryden rose $1.79 and ended at $31.79 with 667 shares switching owners, Barita Investments declined 37 cents to $73.62 after a transfer of 4,026 stocks, Caribbean Cement rallied $1.80 to end at $88 with 4,537 units changing hands. Eppley Caribbean Property Fund popped $1 in closing at $38 in an exchange of 317 stock units, First Rock Real Estate climbed 77 cents to close at $9.97 with 62,629 shares passing through the market, GraceKennedy lost 80 cents to finish at $73.10 with investors dealing in 10,883 stock units.  Guardian Holdings slipped $8 to $301 after an exchange of 4,500 stocks, JMMB Group increased 50 cents to close at $21 with 122,580 units crossing the market, Kingston Wharves gained $1.24 to end at $31.97 with an exchange of 46,289 shares. Margaritaville advanced 49 cents in closing at $14.69 with just 6 stocks being traded, NCB Financial fell 40 cents and ended at $50.10 with a transfer of 136,686 stocks, Sagicor Group popped $1.94 to finish at $39.99 with investors swapping 9,289 units. Seprod advanced $1.49 and ended at $85.50 after an exchange of 2,433 shares and Stanley Motta rose $1.29 to $7.70 in trading a mere 350 units.In the preference segment, Jamaica Public Service 9.5% sank $4 to close at $2,686 with 15 stocks crossing the exchange and 138 Student Living preferred share drpoped $40.87 to end at $238 with traders dealing in 54 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market flirts with the 3,700 mark


Trading activity slipped on the Junior Market of the Jamaica Stock Exchange on Monday, but the market index jumped with a robust gain following a 10 percent fall in the volume of stocks traded with a 38 percent lower value than Friday with trading in 46 securities up from 44 on Friday and ending with prices of 20 rising, 13 declining and 13 closing unchanged as the market flirts once more with the 3,700 points market in sight.

The market ended with the trading of 4,427,056 shares at $10,204,392, down from 4,903,746 stock units at $16,541,029 on Friday.

Trading averaged 96,240 shares at $221,835 compared with 111,449 stocks at $375,932 on Friday with a month to date average of 275,168 units at $514,151 compared with 286,157 stock units at $532,104 on the previous day and December with an average of 326,483 shares at $898,324. Fosrich led trading with 1.07 million shares for 24.2 percent of total volume followed by Jamaican Teas with 859,266 stock units for 19.4 percent of the day’s trade and Kintyre Holdings with 763,668 stocks for 17.3 percent of the volume traded. At the close of trading, the Junior Market Index climbed 59.94 points to close at 3,692.31. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers. The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.  At the close of the trading activity, Access Financial dipped 68 cents and ended at $16.32 with 608 stock units crossing the exchange, Blue Power sank 10 cents to $5.34 in trading of 18 shares, Caribbean Cream rose 19 cents to end at $2.98 after an exchange of a mere 49 units. Derrimon Trading climbed 15 cents in closing at $1.95 with 61,092 stocks clearing the market, Dolphin Cove increased 25 cents to close at $19.25 as investors exchanged 6,425 shares, Fontana popped 22 cents to finish at $9.18 with 265,037 stocks passing through the market. Fosrich advanced 11 cents to $2.25 after a transfer of 1,072,887 units, Future Energy shed 12 cents in closing at $3.38 with 27,682 stock units changing hands, Iron Rock Insurance dipped 10 cents to end at $4.20 with a transfer of 4,710 shares. Jamaican Teas gained 17 cents to finish at $2.25 with 859,266 stock units crossing the market, KLE Group rallied 12 cents and ended at $1.22 with an exchange of just 51 stocks, Limners and Bards rose 7 cents to close at $1.27 with 4,883 units crossing the market. Lumber Depot climbed 13 cents to $2.68 in trading 89,213 shares and Main Event popped 68 cents in closing at $11.48 after an exchange of just 4 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for JSE Main & Junior Markets


The Jamaica Stock Exchange closed on Monday with a fall in the volume and value of stocks exchanged, compared to Friday, resulting in Main Market and the Junior Market rallying and the JSE USD Market declining at the end of trading, with the prices of 49 shares rising, 36 declining and 28 remained firm.

At the close of trading, the JSE Combined Market Index rallied 2,703.38 points to 346,824.21, the All Jamaican Composite Index jumped 3,023.20 points to close at 387,639.84, the JSE Main Index climbed 2,377.58 points to end trading at 334,994.37, the Junior Market Index rose 59.94 points to end at 3,692.31 and the JSE USD Market Index slipped 1.25 points to settle at 236.19.At the close of trading, 18,271,149 shares were exchanged in all three markets, down from 19,774,969 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $74.45 million, just shy of $87.65 million on the previous trading day and the JSE USD market closed with an exchange of 680,107 shares for US$21,934 up from to 145,889 units at US$9,208 on Friday.In Main Market activity, Transjamaican Highway led with 9.17 million shares followed by Wigton Energy with 790,747 stocks and JMMB Group 7.35% – 2028 with 613,148 units.
In Junior Market trading, Fosrich led with 1.07 million shares followed by Jamaican Teas with 859,266 stocks and Kintyre Holdings with 763,668 units.
In the preference segment, Jamaica Public Service 9.5% dropped $4 in closing at $2,686 and 138 Student Living preference share sank $40.87 to $238.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2024-25 estimated earnings and 20.3 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares that are listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

A week of change for ICTOP10  


The Main and Junior Market indices slipped marginally during the week with the ICTOP10 stocks having mixed results with Express Catering and Iron Rock Insurance gaining 8 percent to close at $2.35 and $4.30 respectively in the Junior Market while Limners and Bards, AMG Packaging lost 10 percent to close at $1.20 and $2.96 respectively and Access Financial lost 4 percent to close at $17.

In the Main Market ICTOP10, Scotia Group gained 13 percent to end at $62.00, Jamaica Broilers rose 4 percent in closing at $38.60 and Caribbean Producers declined 6 percent to $8.45.
The All JSE TOP10, compiled from all listed ordinary stocks on the JSE, had one change with Jamaica Broilers falling out and AMG Packaging replacing it.
Jamaica Broilers dropped out of the Main Market ICTOP10 with JMMB Group returning after a week’s absence.
The average PE for the JSE Main Market ICTOP 10 sits at just 5.5, well below the market average of 14.4 and the Junior Market TOP10 stands at 8.4, more than half of the market, with an average of 13.3.
Based on the earnings projected estimates for 2024, the Main Market ICTOP10 is projected to gain an average of 274 percent by May 2025, providing better values than the Junior Market, projected to achieve a 154 percent increase for the same time.
In the Main Market ICTOP 10, there are 15 stocks with the highest values representing 29 percent of the Main Market, with PEs between 15 to 105, with an average of 30 and 21 excluding the highest PE ratios and a PE of 24 for the top half of the market with the highest values and 19 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 14 stocks, 29 percent of the market, with PEs ranging from 15 to 33 with an average of 20 and a PE of 18 for half of the market with the highest PEs.
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.

Fontana buyout talks lift Junior Market  


Fresh on the heels of Fontana announcement that they signed an agreement to acquire the Monarch of pharmacies trading spiked in the stocks with the price closing up $1.36 higher, helping to push trading activity higher on the Junior Market of the Jamaica Stock Exchange Friday, with a 42 percent increase in the volume of stocks traded, accompanied by an 87 percent rise in value over Thursday with trading in 44 securities down from 47 on Thursday and ending with prices of just five rising, 24 declining and 15 closing unchanged.

The market closed with trading of 4,903,746 shares for $16,541,029 up from 3,452,756 stock units at $8,835,555 on Thursday.
Trading averaged 111,449 shares at $375,932 compared to 73,463 stocks at $187,991 on Thursday with the month to date, averaging 286,157 units at $532,104 versus 297,061 stocks at $541,851 on the previous day with an average of 326,483 shares at $898,324 in December.
Fontana led trading with 888,871 shares for 18.1 percent of total volume followed by Stationery and Office Supplies with 788,706 stock units for 16.1 percent of the day’s trade and Regency Petroleum ending with 674,829 stocks for 13.8 percent of the volume traded.
At the close of trading, the Junior Market Index dropped sharply by 43.39 points to settle at 3,632.37. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, Access Financial sank 25 cents to $17 with 54,840 stock units changing hands, Cargo Handlers skidded 15 cents to $12.50 with investors swapping 15 shares, Caribbean Cream sank 20 cents to close at $2.79 after an exchange of 54,900 stocks. Derrimon Trading dipped 9 cents to finish at $1.80 in trading 13,850 units, Dolphin Cove fell 23 cents and ended at $19 with 4,661 stocks crossing the exchange, Express Catering popped 24 cents to close at $3.35 with investors trading 5,405 units. Fontana climbed $1.36 to $8.96 in an exchange of 888,871 shares, following the acquisition announcement of Monarch Pharmacies,  Indies Pharma dropped 47 cents to close at $3.51 with investors trading 41,612 stock units, Jamaican Teas lost 11 cents to finish at $2.08 with 5,840 shares changing hands. KLE Group slipped 20 cents to finish at $1.10 with investors dealing in 10,000 stock units, Limners and Bards shed 7 cents and ended at $1.20 with 104,327 stock units switching owners, Medical Disposables declined 17 cents to end at $1.69 with traders dealing in 40 units and Paramount Trading rose 15 cents in closing at $1.15 in an exchange of 137,051 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed 0.78 points higher on Friday, with the volume of stocks traded declining 17 percent with an 88 percent lower value than on Thursday as trading ended with nine securities changing hands, compared to seven on Thursday with prices of three rising, two declining and four ending unchanged.

The market closed with an exchange of 145,889 shares for US$9,208 compared to 176,396 stocks at US$76,642 on Thursday. Trading averaged 16,210 shares at US$1,023 compared to 25,199 units at US$10,949 on Thursday, with a month to date average of 123,379 shares at US$5,075 compared with 130,523 stocks at US$5,345 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index gained 0.81 points to finish at 237.43. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling price and none with a lower offer.
The PE Ratio, one of the best-known measures used to determine appropriate stock values, averages 7.4. 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 trading, First Rock Real Estate USD share gained 0.39 of one cent in closing at 2.99 US cents with investors dealing in 84 shares, Margaritaville skidded 2.4 cents to 8.6 US cents after an exchange of 800 stocks, Productive Business Solutions sank 5 cents to finish at US$1.40 with investors trading 79 shares. Proven Investments ended at 12.5 US cents, with 25,362 stock units clearing the market, Sterling Investments remained at 1.8 US cents with traders dealing in 410 shares, Sygnus Credit Investments rose 0.8 of a cent to close at 6.95 US cents with 56,623 stock units ended up being traded. Sygnus Real Estate Finance USD share ended at 5.9 US cents with investors trading 165 stocks and Transjamaican Highway advanced 0.07 of one cent to end at 2.87 US cents with an exchange of 62,363 units.

In the preference segment, Productive Business Solutions 9.25% preferred share remained at US$10.80 with just three stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


Main Market bounce Juniors drop


The Main Market of the Jamaica Stock Exchange had a sizable bounce on Friday, with the Junior Market falling following a rise in the volume of stocks exchanged, with a lower value than on Thursday, resulting in the prices of 30 shares rising, 44 declining and 39 remaining firm on a day when Fontana triggered the circuit breaker with the price climbing by $1.36 following the announcement of the acquisition of Monarch Pharmacies.

At the close of the market, the JSE Combined Market Index rallied 2,069.08 points to conclude trading at 344,120.83, the All Jamaican Composite Index end up jumping 4,007.11 points to 384,616.64, the JSE Main Index climbed 2,488.97 points to 332,616.79, the Junior Market Index skidded 43.39 points to end at 3,632.37 and the JSE USD Market Index popped 0.78 points higher to 237.44.
At the close of trading, 19,774,969 shares were exchanged in all three markets, up from 9,885,996 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $87.65 million, down from $103.07 million on the previous day and the JSE USD market closed with an exchange of 145,889 shares for US$9,208 compared to 176,396 units at US$76,642 on Thursday.
In Main Market activity, JMMB Group 7.35% – 2028 led with 5.98 million shares followed by Transjamaican Highway with 3.59 million stocks and Radio Jamaica with 2.23 million units.
In Junior Market trading, Fontana led with 888,871 shares following the announcement that they will acquire the four stores of Monarch Pharmacy. Stationery and Office Supplies was next with 788,706 stocks and Regency Petroleum with 674,829 units.
In the preferred share segment, Productive Business Solutions 10.5% preference share jumped $165 to close trading at $1,100 and Sygnus Credit Investments C10.5% sank $5.50 to $104.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.8 based on the 2024 estimate of earnings and 20.2 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and the other more detailed charts that are published daily provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, 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.

Robust bounce for JSE Main Market


The Main Market of the Jamaica Stock Exchange enjoyed a robust bounce but ended the week on Friday still under water from three days of losses between Tuesday and Thursday following trading in 60 securities compared with 61 on Thursday, with prices of 22 rising, 18 declining and 20 ending unchanged, resulting in trading volume climbing 135 percent after 25 percent fewer funds flowed into the market compared to Thursday, with the news that the government plans on divesting its 20 percent holding in Transjamaican Highway seems to have induced some amount of selling in the stock, with the price slipping 5 cents.

At the close of the the Jamaica Stock exchange 14,725,334 shares were traded at  $71,113,191 versus 6,256,844 stock at $94,236,504 on Thursday.
Trading averaged 245,422 shares at $1,185,220 versus 102,571 units at $1,544,861 on Thursday and for the month to date, an average of 230,553 shares were exchanged at $1,790,087 compared with 229,633 stocks at $1,827,540 on the prior day with an average of 967,720 stock at $18,390,902 in December.
JMMB Group 7.35% – 2028 led trading with 5.98 million shares for 40.6 percent of total volume followed by Transjamaican Highway which ended with 3.59 million stocks for 24.4 percent of the day’s trade and Radio Jamaica with 2.23 million stock units for 15.1 percent of the day’s trade.
The All Jamaican Composite Index jumped 4,007.11 points to finish at 384,616.64, the JSE Main Index climbed 2,488.97 points to close at 332,616.79 and the JSE Financial Index popped 1.42 points to settle at 68.82. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. 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.
At the close of trading, AS Bryden dipped $1.77 and ended at $30 after an exchange of 9,288 stock units, Barita Investments climbed 49 cents to $73.99 with investors swapping 530 shares, Berger Paints rose 50 cents in closing at $8.30 in an exchange of 5,945 units. Caribbean Cement declined $1.79 to finish at $86.20 with 6,283 units being traded, GraceKennedy gained 40 cents to end at $73.90 after hitting a 52 weeks’ intraday low of $70 with a transfer of 65,107 shares, Guardian Holdings popped $8.90 to close at $309 with 30 stock units clearing the market. Jamaica Broilers shed 90 cents to close at $38.60 with traders dealing in 156,817 stocks, JMMB Group declined 40 cents to end at $20.50 with 69,516 stock units passing through the market, Kingston Wharves advanced 72 cents to close at $30.73 with investors trading 3,650 shares. Margaritaville lost 49 cents to close at $14.20 with 802 stocks crossing the market, Mayberry Group increased 48 cents and ended at $8 in trading 7,463 units, Pan Jamaica rallied $2.21 to finish at $54 after an exchange of 612 stock units. Proven Investments rose $2.58 to $20.50 with investors dealing in 302,665 shares, Sagicor Group climbed $1.05 to close at $38.05 in an exchange of 13,587 stock units, Scotia Group gained $1 and ended at $62 with investors trading 32,167 stocks. Seprod skidded 49 cents to end at $84.01 with an exchange of 368 units and Stanley Motta sank $1.59 to finish at $6.41 with 4,423 stocks crossing the market.
In the preference segment, Productive Business Solutions 10.5% preference share popped $165 to close at $1,100 with a transfer of just 7 units and Sygnus Credit Investments C10.5% slipped $5.50 to $103.50 with 1,914 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE US Dollar market trading skids

Trading skidded on the Jamaica Stock Exchange US dollar market on Thursday with an exchange of seven securities, compared with six on Wednesday with the volume of stocks traded slumping 98 percent and the value dropping by 74 percent in comparison to Wednesday and ended with prices of two stocks rising, four declining and one ending unchanged.

The market closed with an exchange of 176,396 shares for US$76,642 compared to 10,853,995 stock units at US$299,532 on Wednesday.
Trading ended with an average of 25,199 shares at US$10,949 a drop from 1,808,999 stocks at US$49,922 on Wednesday, with the month to date averaging  130,523 units at US$5,345 compared with 136,283 stocks at US$5,038 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index fell 0.17 points to end at 236.63. 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 best known measures used to determine appropriate stock values, averages 7.2. 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 trading, Proven Investments slipped 0.29 of a cent to close at 12.5 US cents as investors exchanged 1,315 shares, Sterling Investments popped 0.05 of a cent to 1.8 US cents after a transfer of 7,059 stocks, Sygnus Credit Investments lost 0.8 of one cent to end at 6.15 US cents with investors ending up trading 5,200 shares and Transjamaican Highway remained at 2.8 US cents in an exchange of 92,394 stock units.
In the preference segment, JMMB Group US8.5% preference share skidded 13 cents and ended at US$1 with 70,361 shares changing hands, JMMB Group 5.5% fell 30.75 cents to finish at US$1.74 after an exchange of a mere two stocks and Productive Business Solutions 9.25% preference share rallied 10 cents to US$10.80 with 65 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.