Trading dives on JSE USD Market


Trading on the Jamaica Stock Exchange US dollar market on Tuesday resulted in the volume of stocks traded slumping 49 percent, with an 8 percent lower value than on Monday. Market activity led to the exchange of nine securities, compared with nine on Monday, with prices of four rising, three declining and two ending unchanged.

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.
Trading averaged 20,218 shares at US$1,339 compared to 39,310 stocks at US$1,455 on Monday, with a month to date average of 48,227 units at US$2,592, sinking from 51,028 stocks at US$2,717 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index popped 1.96 points to settle at 206.82. The Investor’s Choice bid-offer indicator shows four 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 10.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share lost 0.15 of one cent to 1.8 US cents with investors trading 1,003 shares, Margaritaville shed 0.15 of one cent and ended at 8 US cents with 40 stocks clearing the market, Productive Business Solutions increased 1 cent to close at US$1.20 with traders dealing in 86 shares. Proven Investments ended at 10.99 US cents with 88 stock units crossing the exchange, Sygnus Credit Investments popped 0.01 of one cent in closing at 7.12 US cents with traders switching ownership of 55,100 units and Transjamaican Highway rallied 0.05 of a cent to finish at 2.38 US cents after an exchange of 122,626 stocks.
In the preference segment, JMMB Group 7.5% declined 8 cents to US$2.02, with 100 shares investors crossing the market. JMMB Group US8.5% rose 8.98 cents to close at US$1.09 after trading of 2,716 units and Sygnus Credit Investments 8% remained at US$9.50 with traders exchanging 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ICTOP10’s NCB & MFS drop 17%  


The big news this week in the ICTOP10 is the 17 percent drop in the price of NCB Financial, to a multi year low of $34, to be the number two listing in the Main Market ICTOP10 and Access Financial jumping 12 percent to close at $19.20 and falling out of the Junior Market ICTOP10.

The Junior Market ICTOP10, Dolla Financial, closed 5 percent higher to $2.54, with MFS Partners dropping 17 percent to 38 cents, followed by Elite Diagnostic with a loss of 7 percent to end at $1.51, Consolidated Bakeries lost 5 percent to $1.51 and Caribbean Assurance Brokers declined by 5 percent to $1.99. Main Market stocks ended 138 Student Living falling 13 percent to $3.65 and Innovative Energy slipping 5 percent to $1.21. QWI Investments, up just 3 percent, was the biggest winner.
Despite climbing 17 percent during the week, Jetcon Corporation made it into the Junior Market ICITOP10 with an earnings forecast of 35 cents. Express Catering dropped out of the All JSE Markets ICTOP10 and is replaced by Consolidated Bakeries.
The average PE for the JSE Main Market ICTOP 10 is 5.6, well below the market average of 13.4 and shows 15 stocks with the highest values, accounting for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
The Junior Market TOP10 stands at 4.8, well below half the market’s average of 13.4, with 18 stocks representing 38 percent of the market having PEs ranging from 15 to 40, with an average of 22 and 19 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment of companies in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that will likely deliver the best returns 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. Earnings revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Trading surges on JSE US Dollar Market


The US dollar market of the Jamaica Stock Exchange climbed on Friday, following an exchange, with trading surging 1,823 percent to 2,482,008 shares changing hands, from an exchange of 129,045 stocks on Thursday. The value of stocks traded jumped 305 percent to US$72,123, from US$17,826 on Thursday. Ownership of eleven securities was switched, compared with 10 on Thursday, ending with prices of five advancing, four declining and two ending unchanged.

The market closed with an average of 225,637 shares trading at US$6,557 compared to 12,905 stocks at US$1,783 on Thursday, with a month to date average of 52,330 units at US$2,858, above 25,095 stocks at US$2,277 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index climbed 5.95 points to settle at 210.94. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading activity, MPC Caribbean Clean Energy fell 3.9 cents to 39 US cents and closed with 21 shares being traded, Proven Investments ended at 10.99 US cents with 3,260 units crossing the exchange, Sterling Investments advanced 0.21 of one cent in closing at 2.1 US cents with investors trading 2,090 stocks. Sygnus Credit Investments popped 0.02 of a cent to finish at 7.6 US cents after 169,098 shares crossed the market, Sygnus Real Estate Finance USD share dropped 1 cent and ended at 5 US cents in an exchange of 439 stocks and Transjamaican Highway rallied 0.03 of one cent to 2.37 US cents with 2,306,976 shares changing hands.
In the preference segment, JMMB Group 7.5% increased 8 cents to US$2.10 after a transfer of 14 stock units, AS Bryden sank 1 cent in closing at 96 US cents with 45 stocks switching owners, Productive Business Solutions 9.25% climbed 30.01 cents to end at US$10.30 as 3 units crossed the market. Sygnus Credit Investments 8% skidded 5 cents to finish at US$9.55 with a transfer of 50 stocks and Sygnus Credit Investments E8.5% remained at US$9.90 as 12 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USDollar market inched up


Stocks closed marginally higher on the Jamaica Stock Exchange US dollar market index on Wednesday, following a 16 percent reduction in volume, with a 147 percent increase in value over Tuesday, driven by trading in nine securities, compared with 10 on Tuesday, with prices of four rising, two declining and three ending unchanged.

The market closed with an exchange of 75,771 shares for US$43,620, falling from 90,425 stocks at US$17,687 on Tuesday.
Trading closed with an average of 8,419 shares at US$4,847, down slightly from 9,043 stocks at US$1,769 on Tuesday, with a month to date average of 27,127 units at US$2,359 compared with 30,429 stocks at US$1,920 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index popped 0.15 points to finish at 203.85. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with a financial year, ending around August 2025.
At the close of a moderate trading session, First Rock Real Estate USD share rallied 0.25 of a cent and ended at 1.95 US cents with investors trading 166 shares, Margaritaville rose 0.16 of a cent to 8.15 US cents after an exchange of 120 stocks, Sygnus Credit Investments lost 0.01 of a cent to close at 7.1 US cents with 22,666 shares crossing the market. Sygnus Real Estate Finance USD share ended at 6 US cents with investors swapping 5,754 units and Transjamaican Highway gained 0.01 of one cent in closing at 2.34 US cents with 19,384 stock units passing through the market.
In the preferred segment, JMMB Group 7.5% popped 4 cents to close at US$2.02 in trading 9,530 shares. JMMB Group US8.5% remained at US$1.10 as 17,925 stocks crossed the exchange, AS Bryden declined 3 cents and ended at 97 US cents after trading a mere 4 units and Productive Business Solutions 9.25% ended at US$10 in an exchange of 222 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumped on JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded rising 20 percent and 112 percent greater value than Monday, resulting in the exchange of 10 securities, compared with seven on Monday, with prices of four rising, four declining and two ending unchanged.
The market closed with an exchange of 90,425 shares for US$17,687, up from 75,504 stocks at US$8,352 on Monday. Trading averaged 9,043 shares at US$1,769 compared to 10,786 stocks at US$1,193 on Monday, with a month to date average of 30,429 units at US$1,920, down from 35,645 stocks at US$1,957 on the previous day and June that ended with an average of 591,343 units for US$19,218. The US Denominated Equities Index slipped 1.25 points to end at 203.69. The Investor’s Choice bid-offer indicator shows five 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 10.1. 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, First Rock Real Estate USD share shed 0.25 of one cent to finish at 1.7 US cents after an exchange of 459 shares, Margaritaville climbed 1.06 cents to 7.99 US cents, with 186 units crossing the market, Productive Business Solutions increased 1 cent to close at US$1.19 with traders dealing in 25 shares. Proven Investments popped 0.15 of one cent and ended at 10.4 US cents after closing with an exchange of 2,730 stocks,  Sterling Investments slipping 0.33 of a cent to end at 1.89 US cents with investors dealing in 5,900 stock units, Sygnus Real Estate Finance USD share remained at 6 US cents in trading 2,918 shares and Transjamaican Highway dropped 0.07 of a cent to 2.33 US cents in an exchange of 73,458 stocks. In the preference segment, JMMB Group US8.5% rallied 1 cent to US$1.10 with investors swapping 3,617 units, Productive Business Solutions 9.25% ended at US$10, with 1,052 stock units crossing the exchange and Sygnus Credit Investments US 8% fell 5 cents in closing at US$9.70 with investors trading 80 shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD stocks dropped on Monday


Trading dropped on the Jamaica Stock Exchange US dollar market on Monday, with the volume traded declining 71 percent, with a 57 percent lower value than on Friday, following an exchange of seven securities, compared with eight on Friday with prices of one rising, three declining and three ending unchanged.

The market closed with an exchange of 75,504 shares for US$8,352, down from 255,956 stocks at US$19,600 on Friday.
Trading averaged 10,786 shares at US$1,193, below the 31,995 stocks at US$2,450 on Friday, with a month to date average of 35,645 units at US$1,957, down from 40,763 stocks at US$2,114 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index climbed 1.10 points to 204.94. The Investor’s Choice bid-offer indicator shows five 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 10.3. The PE ratio is calculated using the last traded price, divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, Margaritaville skidded 1.22 cents and ended at 6.93 US cents with a transfer of 20 shares, Productive Business Solutions lost 1 cent to end at US$1.18 after 26 stocks passed through the market, Sygnus Credit Investments slipped 0.49 of a cent to close at 7.11 US cents in switching ownership of 10,200 units. Sygnus Real Estate Finance USD share ended at 6 US cents, with trading of 4,500 shares and Transjamaican Highway climbed 0.08 of one cent to end at 2.4 US cents with an exchange of 55,311 stock units.
In the preference segment, JMMB Group US8.5% remained at US$1.09 after 5,440 shares crossed the market and Sygnus Credit Investments US 8% remained at US$9.75 in trading 7 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 ICTOP10’s Medical Disposables climbs 14%


In the ICTOP10 this past week, no Main Market stock ended with a price movement of more than three percent. The Junior Market ICTOP10 ended with prices of just two declining, while Medical Disposables, the top performer, jumped 14 percent.

In the ICTOP10, MFS Partners rallied 10 percent to close at 46 cents, followed by Elite Diagnostic after gaining of 8 percent to finish at $1.62, Kintyre Holdings added 7 percent to end at 29 cents and Consolidated Bakeries rose 5 percent to $1.65. Dolla Financial declined by 5 percent to $2.41. There are no new companies in this week’s listings.
The average PE for the JSE Main Market ICTOP 10 is 5.9, well below the market average of 13.6. The Junior Market TOP10 stands at 6, well below half the market’s average of 14.5.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 40. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested. ICInsider.com ranks companies based on projected earnings for easy assessment in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks that will likely deliver the best returns 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 the receipt of new information.
Persons who compiled this report may have an interest in the securities commented on in this report.

Steady trading on the JSE USD Market


The Jamaica Stock Exchange US dollar market closed Thursday, with a 392 percent jump in the volume of stocks traded, with a 20 percent lower value than on Wednesday, resulting in an exchange of eight securities, compared with 10 on Wednesday, with the price of one rising, three declining and four ending unchanged.

The market closed with trading of 525,864 shares valued US$12,652 compared with 106,960 stocks at US$15,796 on Wednesday.
Trading averaged 65,733 shares at US$1,581, up from 10,696 stocks at US$1,580 on Wednesday, with the month to date averaging 43,461 units at US$2,011 compared with 33,562 stocks at US$2,201 on the previous day and well below June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index declined by a mere 0.05 points to close at 204.43. The Investor’s Choice bid-offer indicator shows four 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 by dividing the last traded price by projected earnings, as computed by ICInsider.com for companies with their financial year ending around August 2025.
At the close, First Rock Real Estate USD share ended at 1.8 US cents with a transfer of 450,270 shares, Margaritaville drifted 0.05 of a cent lower to 8.15 US cents after 292 units crossed the market. MPC Caribbean Clean Energy sank 11 cents to finish at 39 US cents with investors trading only 90 stocks. Proven Investments remained at 10.44 US cents in an exchange of just 91 shares, Sterling Investments ended at 2.21 US cents with investors trading 11,883 stocks, Sygnus Credit Investments remained at 7.6 US cents after a transfer of 317 shares and Transjamaican Highway advanced 0.01 of a cent to close at 2.35 US cents in switching ownership of 60,363 stock units.
In the preference segment, JMMB Group US8.5% lost 1 cent to end at US$1.09, with 2,558 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Purity jumps 54% back into ICTOP10


The Junior Market’s Consolidated Bakeries surged 54 percent during the week in recovering from a big fall in the prior week, with investors responding to the company returning to profit in the March quarter following a loss in the 2024 fiscal year.

The Junior Market ICTOP10 ended with 6 stocks rising and only one declining. The Main Market ICTOP 10 ended with four stocks rising and only one declining.
In the Main market, Margaritaville climbed 7 percent to $13.20, 138 Student Living, popped 6 percent to $4.27, followed by QWI Investments, up 4 percent to 78 cents and NCB Financial lost 7 percent to close at a 52 week low of $40.
In the Junior Market, Expres Catering rose 8 percent to $2.69, Dolla Financial rallied 3 percent to $2.55 and Kintyre Holdings, the only loser, shed 7 percent to end at 27 cents.
The Junior Market IC TOP10 saw two additions, following the updated earnings for Consolidated Bakeries, with the stock jumping 54 percent during the week. This follows the first quarter results that resulted in updated earnings of 30 cents per share for 2025 and Medical Disposables makes it with updated projection of 45 cents per share, following B revenue growth and profits in the March quarter. Image Plus and Cargo Handlers dropped out of the Junior Market list. There are no new listings in the Main and the All JSE ICTOP10 for the week.
The average PE for the JSE Main Market ICTOP 10 is just 5.8, well below the market average of 13.6. The Junior Market TOP10 stands at 5, well below half the market’s average of 13.9.
In the Main Market, ICTOP10, 15 stocks with the highest values account for 29 percent of the market, with PE ratios of 15 to 43. The average PE for the market is 24 and 20 for the half with the highest values.
In the Junior Market IC TOP10, 22 stocks representing 46 percent of the market have PEs ranging from 15 to 39, with an average of 21 and 20 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not time tested.  ICInsider.com ranks companies based on projected earnings, for easy assessment of companies in making investment decisions.
IC TOP10 stocks will likely deliver the best returns 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 the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Trading plunges on the JSE USD market


Trading plunged sharply on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded crashing, with a 96 percent drop, at a 89 percent lower value than Friday. Market activity resulted in the exchange of nine securities, up from eight on Friday, with prices of two rising, one declining and six ending unchanged.

The market closed with an exchange of a mere 11,539 shares for US$1,760, falling from a moderate 303,408 stocks at US$16,030 on Friday.
Trading averaged a mere 1,282 shares at US$196 compared to 37,926 stocks at US$2,004 on Friday, with a month to date average of 657,620 units at US$18,991, a decline from 707,680 stocks at US$20,425 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The US Denominated Equities Index shed 1.19 points to finish at 195.28. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 1.93 US cents with 2,489 shares crossing the market, Margaritaville ended at 8.2 US cents after a transfer of 80 stocks, Proven Investments rallied 0.01 of one cent to finish at 10.21 US cents in trading 464 units. Sterling Investments fell 0.05 of a cent and ended at 1.64 US cents with investors passing 212 shares through the market, Sygnus Credit Investments increased 0.1 of one cent to close at 7.9 US cents in an exchange of 934 stock units, Sygnus Real Estate Finance USD share remained at 7 US cents as investors traded 743 shares and Transjamaican Highway ended at 2.38 US cents with a transfer of 5,903 stock units.
In the preference segment, JMMB Group 7.5% remained at US$1.97 and closed with an exchange of 704 stocks and JMMB Group US8.5% ended at US$1.10 with investors trading 10 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.