The US Dollar Market of the Jamaica Stock Exchange closed Friday, with a 69 percent decline in the volume of stocks traded, with a 72 percent lower value than on Thursday. Trading resulted in an exchange of eight securities, compared with 12 on Thursday, with prices of one rising, four declining and three ending unchanged.
The market closed with an exchange of 123,887 shares for US$7,308, a big decline from 403,181 stock units at US$25,918 on Thursday.
Trading ended with an average of 15,486 shares at US$914, down from 33,598 stock units at US$2,160 on Thursday. Trading for the month to date, averages 1,016,857 units at US$63,292 compared with 1,090,352 stock units at US$67,870 on the preceding day and an average of 120,090 units for US$9,981 in September.
he US Denominated Equities Index dipped 0.68 points to settle at 275.17. 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 used measures to determine appropriate stock values, averages 16.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close, First Rock Real Estate USD share remained at 2 US cents, with 75,002 stock units crossing the market, MPC Caribbean Clean Energy lost 3.46 cents to finish at 19.54 US cents, an all-time low, with a transfer of 181 shares, 
Proven Investments dipped by 0.25 of a cent to end at 5.75 US cents, with 284 units clearing the market. Sygnus Credit Investments ended at 6.03 US cents in an exchange of 30,343 stocks and Transjamaican Highway advanced 0.1 of a cent to close at 5.97 US cents after 17,428 shares passed through the market.
In the preference share segment, JMMB Group US8.5% remained at US$1.22 after a transfer of 419 stocks, Productive Business Solutions 9.25% shed 70 cents to end at US$11.30, with 80 units changing hands and Sygnus Credit Investments 8% dipped 9 cents, in closing at US$9.90 with an exchange of 150 shares.
Prices of securities trading are those for the last transaction.
The market closed with an exchange of 403,181 shares worth US$25,918 compared with 299,786 stock units at US$17,915 on Wednesday.
Sterling Investments shed 0.04 of a cent to end at 2.2 US cents, with 13,003 stocks changing hands. Sygnus Credit Investments ended at 6.03 US cents, with investors trading 700 units, Sygnus Real Estate Finance USD share remained at 4.4 US cents, with switching of 17 stock units and Transjamaican Highway declined by 0.07 of one cent and ended at 5.87 US cents after trading of 376,385 shares.
At the end of market activity, the JSE Combined Market Index popped 1,107.60 points to close at 384,752.36, the All Jamaican Composite Index rose 2,779.94 points to 455,162.32, the JSE Main Index popped by 1,121.64 points to 379,145.91, the Junior Market Index inched 4.90 points higher to settle at 3,097.92 and the JSE USD Market Index fell 0.55 points to finish at 275.85.
In the Junior Market, among the top winners, Cargo Handlers advanced 50 cents to end at $15.50, Jetcon Corporation rallied by 29 cents to close at a 52 weeks high of $5.18, Everything Fresh popped 13 cents to $1.71, Regency Petroleum rose by 12 cents to $4.18 and Express Catering gained 10 cents to close at $2.99. Among the losers, Jamaican Teas fell by 16 cents and ended at $2.00, Caribbean Cream dipped 15 cents to $3.30, Paramount Trading slipped 15 cents to close at 90 cents, CAC 2000 fell 12 cents to end at $1.03 and AMG Packaging lost 10 cents to finish at $1.72.
The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
Quantas Advantage dropped 1.25 cents to close at 12.26 US cents, with 700 shares changing hands. Sterling Investments remained at 2.24 US cents with investors dealing in 3,637 stock units, Sygnus Credit Investments fell 0.54 of a cent in closing at 6.03 US cents with 2,363 shares clearing the market, Sygnus Real Estate Finance USD share dipped by 0.59 of a cent to finish at 4.4 US cents with an exchange of 173 units and Transjamaican Highway shed 0.06 of one cent and ended at 5.94 US cents after 284,977 stocks passed through the market.
At the end of the market activity, the JSE Combined Market Index dropped 4,023.11 points to end at 383,644.76, the All Jamaican Composite Index shed 5,130.22 points to close at 452,382.38, the JSE Main Index dived 4,344.70 points to 378,024.27, the Junior Market Index rose 18.26 points to wrap up trading at 3,093.02 and the JSE USD Market Index dipped by 2.16 points to finish at 276.40.
Among the top losers, Guardian Holdings dipped by $5 to $370.00, GraceKennedy shed $4.80 in closing at $85.00, AS Bryden lost $1.97 to close at $17.02, NCB Financial dropped $1 to finish at $71.00 and Pan Jamaica fell 90 cents and ended at $45.00.
The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparison within sectors and the overall market.
The market closed with an exchange of 111,613,440 shares for US$6,726,739, up from 3,033,688 stock units at US$351,530 on Monday.
Quantas Advantage shed 1.49 cents to close at 13.51 US cents after trading of 3,889 stock units, Sterling Investments rose 0.04 of a cent to end at 2.24 US cents with trading of 552 shares, Sygnus Credit Investments shed 0.01 of one cent in closing at 6.57 US cents in trading 300 stock units and Transjamaican Highway skidded by 0.1 of a cent to close at 6 US cents with investors swapping 111,547,585 units.
At the end of the market activity, the JSE Combined Market Index skidded by 3,750.44 points to end at 387,667.87, the All Jamaican Composite Index shed 6,139.28 points to end at 457,512.60, the JSE Main Index fell by 3,976.27 points to finish at 382,368.97, the Junior Market Index rallied 7.17 points to close trading at 3,074.76 and the JSE USD Market Index climbed 3.67 points to 278.56.
Among the top losers, Scotia Group slipped $2 and ended at $70.00, Guardian Holdings fell $2 to end at $375.00, Seprod skidded by $1.98 after it closed at $78.02, Jamaica Producers lost $1.10 to finish at $19.90 and Caribbean Cement dipped by 95 cents to close at $113.00.
The ICInsider.com PE ratio chart and the daily charts provide investors with regularly updated information to assist in making investment decisions. The PE ratio chart includes all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry and facilitates easy comparisons within sectors and the overall market.
The market closed with an average of 275,790 shares for US$31,957, up from 46,526 stocks at just US$3,022 on Friday. Trading month to date, averages 80,642 units at US$7,744 compared with 49,976 stock units at US$3,940 on the preceding day and an average of 120,090 shares for US$9,981.for September.
Sygnus Credit Investments popped 0.55 of a cent to close at 6.58 US cents, with 72 shares changing hands and Transjamaican Highway fell by 0.1 of one cent and ended at 6.1 US cents, with 1,375,528 stocks crossing the exchange.
At the end of the market activity, the JSE Combined Market Index rose by a mere 3.64 points to end at 391,418.31, the All Jamaican Composite Index gained 925.60 points to end at 463,651.88, the JSE Main Index popped 312.21 points to end at 386,345.24, the Junior Market Index fell 41.09 points to settle at 3,067.59 and the JSE USD Market Index fell 4.90 points to 274.89.
In the Junior Market, Access Financial gained $1.03 to finish at $20.98, Dolphin Cove rallied by 65 cents and ended at $9.36, Main Event climbed 39 cents to $3.79, as Regency Petroleum rose 20 cents to close at $4.25 and Lumber Depot popped 19 cents to $2.47. Among the top losers, Honey Bun skidded 61 cents to finish at $7.00, Mailpac Group dropped 22 cents and ended at $2.10, Dolla Financial lost 17 cents in closing at $3.69, Cargo Handlers dropped 12 cents to close at $15.70, Blue Power declined by 9 cents to finish at $3.20 and Elite Diagnostic fell 9 cents and ended at $1.76.
Pertinent information is needed to navigate the numerous options in the stock market. The chart should be used to help in decision-making, especially when investing close to the market or sector averages, and not going too far from it unless compelling reasons exist. This approach reduces emotional bias in investment decisions and places them on fundamentals, without straying far from the majority of investors. Investors who buy stocks near the average will not overpay. The net asset value of each company is included in the chart. Investors can use this measure in assessing stock values. The chart also includes daily changes in stock prices and percentage year to date price movements based on the last traded price. Dividends that are paid or 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.
The market closed with an exchange of 511,787 shares for US$33,241 after rising from 345,233 stock units at US$22,598 on Thursday.
Sterling Investments fell 0.03 of one cent to finish at 2.25 US cents after a transfer of 52 shares, Sygnus Credit Investments slipped 0.57 of a cent to close at 6.03 US cents in trading 19,840 stock units. Sygnus Real Estate Finance USD share climbed 0.39 of a cent to 4.99 US cents with 13,300 units crossing the market and Transjamaican Highway dropped 0.2 of a cent to close at 6.2 US cents after trading of 380,627 stocks.