Market activity ended Tuesday, with the volume of shares trading declining 15 percent, with a 42 percent lower value than on Monday at the close of the Jamaica Stock Exchange Main Market, as rising stocks edged out those declining.
The All Jamaican Composite Index dropped 305.20 points to 456,528.96, the JSE Main Index slipped 256.16 points to 399,793.50 and the JSE Financial Index dipped 0.06 points to settle at 94.66.
Trading ended with 59 securities compared to 53 on Monday, with 26 rising, 24 declining and nine ending unchanged.
The PE Ratio a measure that is used for computing appropriate stock values averages 15.2. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 13,458,702 shares were exchanged for $167,729,641 versus 15,830,208 units at $289,905,809 on Monday. Wigton Windfarm led trading with 2.33 million shares for 17.3 percent of total volume, followed by Sagicor Select Financial Fund with 2.16 million units for 16 percent of the day’s trade, Radio Jamaica chipped in with 2.14 million units for 15.9 percent of market share and Transjamaican Highway with 1.99 million units for 14.8 percent market share.
Trading averages 228,114 units at $2,842,875, compared to 298,683 shares at $5,469,921 on Monday and month to date, an average of 261,508 units at $4,086,031. April closed with an average of 532,209 units at $5,709,319.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints lost 60 cents in closing at $11, trading 32,665 shares, Caribbean Cement dropped $3.95 to $67.15 while exchanging 31,080 units, First Rock Capital rallied $1.01 to close at $13.26 with an exchange of 26,604 stock units. GraceKennedy fell $1.95 to end at $107, with 764,383 stocks crossing the market, Jamaica Producers shed $1.45 in ending at $22.30 after an exchange of 56,875 stock units, JMMB Group declined 40 cents to $45.40 in switching ownership of 156,172 units, Kingston Wharves gained $4.50 in closing at $38.50 after 153,896 stocks crossed the exchange, Margaritaville declined $5.40 to $20.10 after exchanging 3,681 shares, Mayberry Jamaican Equities lost 60 cents to $11.40 in trading 245,372 shares. MPC Caribbean Clean Energy fell $8.75 to close at $102 in exchanging 199 stocks, NCB Financial popped $3.85 to $114.10 with 20,685 units clearing the market, Palace Amusement rose $95 to close at $1015 after finishing trading of 422 stock units. Portland JSX shed 40 cents in closing at $12 with the swapping of 69 units, Proven Investments advanced 88 cents to $37 and closed trading of 55,512 shares, Sagicor Group increased 48 cents to end at $57.97 after exchanging 130,033 stock units. Salada Foods dropped $1 to end at $5.69, with 45,609 stocks changing hands, Scotia Group climbed 33 cents to $36.13, with 241,414 shares crossing the market, Seprod shed $3.50 in closing at $58.30 in an exchange of 12,315 stock units. 
Sygnus Credit Investments declined 50 cents to $16.50 in exchanging 236,881 stocks, Sygnus Real Estate Finance rose $2.94 to close at $18.05 in switching ownership of 5,482 units, Wisynco Group increased 35 cents, ending at a 52 weeks’ high of $24.85 while exchanging 77,458 units.
In the preference segment, 138 Student Living Preference shares popped $6.01 to end at 52 weeks’ high of $16.51 after exchanging 50 stocks, Eppley 7.50% preference share rallied 70 cents in closing at $7.70, trading 117 stock units, Jamaica Public Service 9.5% gained $350 to $3000 with the swapping of 5 shares and Productive Business Solutions 9.75% Preference share advanced $15.70 to close at $117.70 in exchanging five shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for TTSE after the holiday break
Market activity ended on Tuesday after breaking for a public holiday on Monday resulting in more stocks rising than falling at the close of trading, on the Trinidad and Tobago Stock Exchange trading 42 percent less shares, with 38 percent lower value than on Friday,
A total of 18 securities traded compared to 20 on Friday, with eight stocks rising, three declining and seven remaining unchanged. The Composite Index jumped 12.18 points to 1,448.32, the All T&T Index popped 1.74 points to 2,074.40 and the Cross-Listed Index increased 3.27 points to settle at 109.00.
Overall, 781,739 shares traded for $8,543,020 compared to 1,350,647 units at $13,815,569 on Friday. An average of 43,430 units traded at $474,612, down from 67,532 shares at $690,778 on Friday. The average trade for April amounts to 43,127 units at $458,871.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s rallied 51 cents to $47.51 in trading 112 shares, Angostura Holdings fell 5 cents to end at $22.90 with an exchange of 98 stocks, Ansa McAl remained at $57.60 after trading 70 stock units. Clico Investment Fund ended unchanged at $29.75 after 55,693 units crossed the market, First Citizens Group rose $1.99 to close at $54, with 1,328 stocks changing hands, GraceKennedy finished at $6, with 485,052 stock units crossing the exchange. Guardian Holdings dropped $1.30 in closing at $27 after swapping 100 units, 
JMMB Group remained at $2.54 after exchanging 40 shares, Massy Holdings popped 5 cents to $5.15, with 98,191 stock units clearing the market. NCB Financial Group climbed 45 cents to end at $6.50 after exchanging 50 shares, One Caribbean Media increased 18 cents in closing at $4.18 while trading 10,070 units, Point Lisas declined 10 cents to end at $3.40 with 7,500 stocks changing hands. Prestige Holdings ended unchanged at $7.10 after 30 units crossed the market, Republic Financial Holdings gained $1 in ending at $141 in an exchange of 87 stock units, Scotiabank advanced 97 cents to close at $81.97 in switching ownership of 12,079 shares. Trinidad & Tobago NGL finished at $20.57 in exchanging 1,985 stocks, Unilever Caribbean finished at $16.15 and closed, with 37,366 stock units changing hands and West Indian Tobacco advanced 15 cents to end at $24 in exchanging 71,888 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market falls
In market activity on Monday, on the Jamaica Stock Exchange Main Market, the volume of shares trading inched fractionally higher than Friday after the value exchange rose 30 percent over Friday and resulted in declining stocks exceeding those rising.
The All Jamaican Composite Index fell 2,340.12 points to 456,834.16, the JSE Main Index fell by 1,808.72 to end at 400,049.66 and the JSE Financial Index rose 0.04 points to settle at 94.72.
Trading ended with 53 securities compared to 58 on Friday, with 18 rising, 23 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.4. The JSE Main and USD Market PE ratios computation incorporates ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
A total of, 15,830,208 shares were exchanged for $289,905,809 versus 15,475,154 units at $415,509,572 on Friday. Kingston Wharves led trading with 5.26 million shares for 33.2 percent of total volume, followed by Wigton Windfarm with 2.23 million units for 14.1 percent of the day’s trade. Pulse Investments chipped in with 1.56 million units for 9.8 percent market share, Transjamaican Highway traded 1.21 million units for 7.7 percent market share and 1834 Investments, 1.21 million units for 7.6 percent market share.
Trading averages 298,683 units at $5,469,921 compared to 266,813 shares at $7,163,958 on Friday. April closed with an average of 532,209 units at $5,709,319.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four stocks with lower offers.
At the close, Caribbean Cement declined $4.08 to $71.10, trading 20,681 shares, Eppley climbed $3.50 to end at $42.50 after exchanging 219 units, Eppley Caribbean Property Fund advanced $1 after ending at $47 and closed with 218 stocks changing hands. GraceKennedy gained $3.93 to close at $108.95 in trading 124,384 stock units, Jamaica Stock Exchange popped $1.50 in closing at $23.50 in exchanging 91,578 stocks, Kingston Wharves dropped $7.50 to close at $34, with 5,261,318 shares changing hands. NCB Financial fell $4.05 to $110.25 in exchanging 21,645 units, Palace Amusement shed $30.01 in ending at $920 while exchanging 13 stock units, Portland JSX rose $1.40 to end at $12.40 after finishing trading of 30 stock units. Proven Investments lost 38 cents in closing at $36.12 after 16,895 units passed through the market,
Salada Foods increased 59 cents in a finish at $6.69 after 192,342 shares crossed the exchange, Scotia Group shed 40 cents to end at $35.80 with an exchange of 29,148 stocks. Supreme Ventures rallied $1 to $28.50, trading 523,606 units, Sygnus Credit Investments advanced 52 cents to close at $17 with the swapping of 164,871 stocks, Sygnus Real Estate Finance declined $1.19 in ending at $15.11 after switching ownership of 1,346 stock units and Wisynco Group rallied $1.50 in closing at $24.50 in an exchange of 106,590 shares.
In the preference segment, Jamaica Public Service 9.5% fell by $397.50 to close at $2650 after 13,184 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSEUSD market
Trading ended on Monday on the Jamaica Stock Exchange US dollar market, with the volume of shares changing hands climbing 4,868 percent with a 366 percent higher value than on Friday, resulting in six securities trading, compared to eight on Friday with two rising and four ending unchanged.
The JSE US Denominated Equities Index fell 1.38 points to end at 225.17. The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to the end of August 2023.
A total of 645,181 shares traded for US$14,754 compared to 12,986 units at US$3,165 on Friday.
Trading on Monday averaged 107,530 units at US$2,459, compared to 1,623 shares at US$396 on Friday. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share finished at 7.95 US cents while exchanging eight shares, 
Margaritaville ended unchanged at 16 US cents, with 66 stocks crossing the market, Proven Investments ended at 25.99 US cents after 26,010 units changing hands. Sygnus Credit Investments USD share increased 0.05 of a cent to end at 12.95 US cents in trading 14,537 stock units and Transjamaican Highway rose 0.03 of a cent to close at 1.02 US cents after an exchange of 604,558 units.
In the preference segment, JMMB Group 6% finished at US$1.10, trading two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big gains for several ICTOP10 stocks
With just one third of 2022 elapsing, it is an excellent time to look at what the markets and ICInsider.com forecast have done. The Junior Market gained 29.85 percent to the end of April, or half of the entire year forecast of 60 percent, made at the start of the year and in the process, the market has surpassed the 29.7 percent gains it achieved in 2021 for the entire year.
The Main Market that ICInsider.com forecast to deliver a 14 percent rise for the year struggles to break from consolidation so far, with a rise of just 4.8 for the four months to April and is consistent with a 14 percent increase for the year. It is quite likely that the market PE could climb closer to a PE of 18, which will push the annual gains to around 30 percent if the financial stocks show good increases in profit for the year. That is a very likely situation as the hike in interest rates is driving net interest income sharply upwards.
At the beginning of the year, ICInsider.com stated, “the market is technically at a support level that is steering the index upwards. More importantly, it is caught in a triangular formation setting to push the market sharply upwards once it breaks out, which is not far off. The market is trading in a channel that goes back to May 2020, pointing to a record high of over 4,000 points in a few months.” So far, the above forecast is spot on.
In addition to the Top15 selection for each market at the start of the year, we added a few stocks. There were nine winning stocks with good gains. The list includes AMG Packaging 73 percent, Dolphin Cove 47 percent, Elite up 26 percent, Everything Fresh 83 percent, iCreate 263 percent, Jetcon 75 percent, Spur Tree Spices 215 percent, Stationery and Office Supplies 46 percent and Tropical Batteries up 124 percent for the year to date and up 64 percent since ICInsider.com added it was added to the TOP10 on February 25. Caribbean Cream, down 7 percent, is the only Junior Market stock selection to fall.
The big TOP15 winners for the Main Market are Caribbean Producers, up 42 percent, Jamaica Stock Exchange at 22 percent, JMMB Group at 16 percent and Proven at 14 percent. Berger Paints, down 7 percent, Jamaica Broilers, with a fall of 3 percent and Scotia Group, down one percent, are the only losers in this segment.
For the week, the only new listing to TOP10 is tTech replacing Jetcon, that held on to a gain of 16 percent to top the ICTOP10 Junior Market movers and dropped out of the TOP10, followed by Medical Disposables with 14 percent after a block of shares that was overhanging the market was taken out by buyers. AMG Packaging rose 9 percent, Caribbean Cream rose 6 percent and Caribbean Assurance Brokers shed 9 percent.
In the Main Market, Sygnus Credit Investments rose 8 percent to end at $16.48 and Caribbean Cement gained 6 percent to close at $75.18.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 15, while the Junior Market PE for the Top 10 sits at 6.1 versus the market at 14.2. The Junior Market TOP10 is projected to gain an average of 239 percent to May 2023 and the Main Market 197 percent.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result 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.
JSE Main Market ends April with gains
Market activity ended on the Jamaica Stock Exchange Main Market on Friday, with the volume of shares trading rising 51 percent with a 290 percent higher consideration than on Thursday and closed with rising stocks exceeding those declining.
The All Jamaican Composite Index rose 608.23 points to end at 459,174.28, the JSE Main Index gained 658.02 points to close at 401,858.38 and the JSE Financial Index added 0.36 points to settle at 94.68.
Trading ended with 58 securities against 57 on Thursday, with 28 rising, 18 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 15,475,154 shares were exchanged for $415,509,572 versus 10,243,525 units at $106,618,802 on Thursday. Productive Business Solutions 9.75% Preference share led trading with 2.88 million shares for 18.6 percent of total volume, followed by Wigton Windfarm with 2.71 million units for 17.5 percent of the day’s trade, QWI Investments with 2.06 million units for 13.3 percent market share, Transjamaican Highway with 1.75 million units for 11.3 percent market share and Sagicor Select Financial Fund with 1.40 million units for 9 percent market share.
Trading averages 266,813 units at $7,163,958, compared to 179,711 shares at $1,870,505 on Thursday and month to date, an average of 532,209 units at $5,709,319, compared to 547,329 units at $5,626,441 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement climbed $4.18 after ending at $75.18 with the swapping of 90,129 shares, Eppley fell 60 cents to $39, with 4,468 stocks crossing the market, Eppley Caribbean Property Fund gained $4 in closing at $46 after switching ownership of 406 units. GraceKennedy declined $1.98 to end at $105.02 in trading 159,168 stock units, Jamaica Broilers rose 69 cents to close at $28.99 with 31,681 stocks clearing the market, Jamaica Stock Exchange dropped $1 to end at $22 after trading 15,821 shares. JMMB Group shed $1.64 to end at $45.86 in an exchange of 245,642 stock units, Kingston Properties rallied $1.26 in closing at $8.76 in trading 45,860 units, Kingston Wharves advanced $1 to $41.50, with 11,413 shares crossing the exchange. Mayberry Jamaican Equities popped 81 cents to close at $12.19 after exchanging 69,283 stocks, NCB Financial increased $4.29 in closing at $114.30 after trading 54,958 stock units, PanJam Investment advanced 75 cents to close at $66.05 with an exchange of 103,511 units. Proven Investments climbed 75 cents to $36.50 while trading 38,114 shares, Radio Jamaica rose 32 cents to end at $3.07, with 435,979 units changing hands, Sagicor Group popped 69 cents to $57.49 after 35,078 stock units crossed the market. 
Seprod jumped $4.08 to end at $62.09 while exchanging 35,510 stocks, Supreme Ventures lost $1.50 to end at $27.50 in exchanging 700,929 units, Sygnus Credit Investments rallied 91 cents to close at $16.48 in trading 116,481 stocks and Wisynco Group shed $1.50 to close at $23 in switching ownership of 144,718 stock units.
In the preference segment, Eppley 7.50% preference share lost 80 cents in closing at $7 after an exchange of 552 shares, Jamaica Public Service 9.5% gained $397.50 while ending at $3047.50 after exchanging 44 stock units and Productive Business Solutions 9.75% Preference share declined $18 in closing at $102 while trading 2,877,625 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market ends April up
The JSE US Denominated Equities Index gained 1.35 points to end at 226.55.At the close, First Rock Capital USD share gained 0.05 of a cent to 7.95 US cents in switching ownership of 2,484 shares,
Margaritaville closed at 16 US cents after 133 units were traded, MPC Caribbean Clean Energy remained at US$1.26, with two stock units crossing the market. Productive Business Solutions traded 17 stocks at US$1.19, Proven Investments popped 1.68 cents to 25.99 US cents with 5,357 shares changing hands, Sygnus Credit Investments USD share ended at 12.9 US cents in an exchange of 27 stock units and Sygnus Real Estate Finance USD share increased 0.89 of a cent to close at 14.69 US cents with an exchange of 4,150 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate trading Friday
Stocks fell across the market on the Trinidad and Tobago Stock Exchange on Friday, with nine declining and only one rising after 20 securities traded compared to 19 on Thursday and leaving ten unchanged after the volume of stocks trading jumped 160 percent with 159 percent higher consideration than on Thursday.
The Composite Index dipped 2.31 points to 1,436.14, the All T&T Index fell 4.07 points to close at 2,072.66 and the Cross-Listed Index lost 0.06 points to settle at 105.73.
A total of 1,350,647 shares traded for $13,815,569 compared to 518,869 units at $5,342,898 on Thursday. An average of 67,532 units traded at $690,778 compared to 27,309 shares at $281,205 on Thursday, with trading month to date averaging 43,127 units at $458,896 versus 41,708 units at $445,414. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with the closing bid higher than the last selling price and one with a lower offer.
At the close, Agostini’s lost 51 cents in closing at $47, with 502 shares changing hands, Angostura Holdings dropped 5 cents to end at $22.95, with 85 stocks clearing the market, Ansa Merchant Bank ended unchanged at $45 with the swapping of 40 units. Clico Investment Fund remained at $29.75 in exchanging 67,387 stock units, First Citizens Group declined 9 cents to $52.01 in switching ownership of 1,701 shares, GraceKennedy finished at $6 while exchanging 938,856 stock units. 
Guardian Holdings rallied $2.19 to close at $28.30, with 50,939 units crossing the market, Guardian Media remained at $3.20 in an exchange of just one stock unit, JMMB Group ended unchanged at $2.54 after exchanging 7,947 stocks. L.J. Williams B share fell 20 cents to $1.77 after an exchange of 10,000 units, Massy Holdings shed 11 cents to end at $5.10 after trading 109,063 shares, National Enterprises finished at $2.95 after 300 stock units changed hands. NCB Financial Group fell 5 cents to $6.05 after 53,039 units crossed the market, Prestige Holdings remained at $7.10 in trading 1,350 stocks, Republic Financial Holdings declined $1 in closing at $140 with 3,091 stock units changing hands. Scotiabank finished at $81, trading 25,911 shares, Trinidad & Tobago NGL dropped 3 cents to $20.57 after exchanging 9,597 stock units, Trinidad Cement lost 8 cents to $3.88, with 25,000 shares changing hands. Unilever Caribbean ended unchanged at $16.15 after trading 25,838 stocks and West Indian Tobacco finished at $23.85 in trading 20,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rally for JSE Main Market
Activity ended on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded declining 12 percent and the value 131 percent more than on Tuesday as stocks declining exceeded those rising.
The All Jamaican Composite Index rose 2,293.01 points to 458,821.97, the JSE Main Index rallied 1,632.06 points to end at 401,425.56 and the JSE Financial Index lost 0.62 points to settle at 94.04.
Trading ended with 58 securities versus 59 on Tuesday, with 22 rising, 23 declining and 13 unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.2. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to August 2023.
Overall, 11,782,128 shares were traded for $388,157,374 versus 13,458,702 units at $167,729,641 on Tuesday. Productive Business Solutions 9.75% Preference share led trading with 2.88 million shares for 24.4 percent of total volume, followed by Transjamaican Highway with 2.33 million units for 19.8 percent of the day’s trade, Wigton Windfarm with 1.16 million units for 9.8 percent market share and Supreme Ventures with 1.10 million units for 9.3 percent market share.
Trading averages 203,140 units at $6,692,369, compared to 228,120 shares at $2,842,875 on Tuesday and month to date, an average of 241,594 units at $4,975,252, compared to 261,512 units at $4,086,031 on the previous trading day. April closed with an average of 532,209 units at $5,709,319.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints fell $1 in ending at $10 after exchanging 22,941 shares, Caribbean Cement rose $2.56 in closing at $69.71, with 2,840 stocks clearing the market, Caribbean Producers shed 42 cents to close at $18.06 after 245,495 units crossed the market. Eppley declined $2.35 to end at $40.15, with 24 stock units changing hands, Eppley Caribbean Property Fund gained $1.50 to close at $48.50, with an exchange of 3,852 stocks, First Rock Capital dropped $1.61 to close at $11.65 with the swapping of 62,868 stock units. GraceKennedy increased $4 in ending at $111 after 15,712 units changed hands, Guardian Holdings lost $4.20 to $515.85 after exchanging 1,501 shares, Jamaica Producers rose $1.65 in closing at $23.95, with 18,035 stocks crossing the market. Jamaica Stock Exchange lost $1.15 to end at $22.25 in exchanging 25,044 units, JMMB Group climbed $2.50 to $47.90 while exchanging 122,925 stock units, Kingston Wharves popped $1.50 to close at $40 in switching ownership of 5,583 shares. Massy Holdings fell 30 cents to $98.70 in trading 3,935 units, Mayberry Investments rallied 50 cents to $9.25 in an exchange of 160,607 shares, MPC Caribbean Clean Energy dropped $1 in closing at $101 after trading 500 stocks. NCB Financial declined $7.70 to end at $106.40 after trading 33,801 stock units, Palace Amusement shed $14.83 to $1000.17, with 33 shares crossing the exchange, Proven Investments advanced 99 cents to close at $37.99, with 30,660 stock units crossing the exchange. 
Sagicor Group shed 97 cents in closing at $57 after trading 12,371 units, Scotia Group declined $1.13 to $35 trading 48,867 stocks, Seprod rose $4.70 to $63 in an exchange of 44,160 stocks before the release that the company is to acquire AS Bryden group based in Trinidad and Tobago. Supreme Ventures rallied $1.50 in ending at $30, with 1,096,408 stock units crossing the market, Sygnus Real Estate Finance fell $2.45 in closing at $15.60 after trading 835 shares and Wisynco Group lost 65 cents to close at $24.20 with 112,378 units clearing the market.
In the preference segment, Eppley 5% preference share dropped $1.15 to end at $19.85, with 799 shares crossing the market, JMMB Group 7.25% preference share gained 30 cents to end at $3.49 after exchanging 1,562 stocks and Productive Business Solutions 9.75% preference share shed $9.45 in closing at $108.25 while trading 2,877,023 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Recovery for JSE USD Market
Trading on Thursday, ended the Jamaica Stock Exchange US dollar market, with the volume and value of shares changing hands rising by 2,008 percent and 169 percent respectively higher than on Wednesday, resulting in more stocks rising than falling.
A total of 10 securities traded, up from five on Wednesday, with five rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index rose 11.21 points to end at 225.20.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to the end of August 2023.
A total of 1,085,520 shares were traded, for US$33,620 compared to 51,502 units at US$12,484 on Wednesday. Trading averaged 108,552 units at US$3,362, compared to 10,300 shares at US$2,497 on Wednesday, with the month to date average of 100,814 shares at US$4,134 versus 100,209 units at US$4,194 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Capital USD share remained at 7.9 US cents after 75 shares crossed the market, Margaritaville ended unchanged at 16 US cents with the swapping of 24 stocks, Productive Business Solutions rallied 16 cents to US$1.19, with 410 stock units clearing the market. 
Proven Investments popped 0.2 of a cent to close at 24.31 US cents in switching ownership of 12,818 units, Sterling Investments increased 0.1 of one cent in closing at 2.2 US cents in trading 143 shares, Sygnus Credit Investments USD share finished at 12.9 US cents while exchanging 12,045 units. Sygnus Real Estate Finance USD share gained 1.73 cents to end at 13.8 US cents in trading 130 stocks and Transjamaican Highway fell 0.07 of a cent to close at 0.99 of one US cent, with 1,042,640 shares changing hands.
In the preference segment, Eppley 6% preference share advanced 14.4 cents to US$1.104 in exchanging 2,000 stock units and JMMB Group 6% lost 0.99 of one cent in ending at 99.01 US cents after trading 15,235 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
