The second half of the current year started on a muted note on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining to a mere fraction of that on Friday with a 93 percent lower value, resulting in trading in just four securities, compared to seven with prices of one declining and three ending unchanged.
The market closed with an exchange of 6,425 shares for US$5,351 compared with 1,447,374 units at US$79,036 on Friday.
Trading averaged 1,606 units at US$1,338 versus 206,768 shares at US$11,291 on Friday, with a month to date average of 1,606 shares at US$1,338 compared with 53,325 units at US$3,682 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index rose 0.13 points to end the day at 236.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and four with lower offers.
At the close of trading, Productive Business Solutions ended at US$1.45 with investors trading 219 shares, Proven Investments ended at 13 US cents after 1,173 stocks were traded and Sygnus Credit Investments remained at 6.75 US cents with investors dealing in 4,583 shares.
In the preference segment, Productive Business Solutions 9.25% preference share dropped US$1.50 to end at US$9.50 after a transfer of 450 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index popped 303.60 points to close at 332,830.15, the All Jamaican Composite Index gained 147.08 points to end trading at 358,283.67, the JSE Main Index rose 488.45 points to lock up trading at 319,408.32. The Junior Market Index shed 23.11 points to end at 3,820.12 and the JSE USD Market Index popped 0.13 points to end the day at 236.80.
In the preference segment, Eppley 7.25% preference share sank $1 in closing at $19, Eppley 7.75% preference share slipped $1.42 to finish at $18.57, 138 Student Living preference share fell $1.56 to close at $198.44 and Sygnus Credit Investments C10.5% declined $6 to end at $102.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
At the close of the market, the JSE Combined Market Index rose 1,723.87 points to 332,526.55, the All Jamaican Composite Index increased 3,166.41 points to 358,136.59, the JSE Main Index climbed 1,525.91 points to close trading at 318,919.87. The Junior Market Index popped 37.12 points to 3,843.23, fractionally higher than the close in June and the JSE USD Market Index rallied 1.70 points to settle at 236.67.
In the Junior Market, Dolla Financial led trading with 11.33 million shares followed by Express Catering with 5.20 million units, Omni Industries was next with 5.12 million stocks, Future Energy ended with 4.64 million shares, Lasco Financial closed with 2.72 million stock units and Jetcon Corporation with 2.63 million units.
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.
At the close of trading, the JSE Combined Market Index climbed 1,917.96 points to 330,802.68, the All Jamaican Composite Index skidded 2,566.82 points to 354,970.18, the JSE Main Index fell 2,262.58 points to conclude trading at 317,393.96. The Junior Market Index advanced by 34.92 points to 3,806.11 and the JSE USD Market Index dipped 1.23 points to wrap up trading at 234.97.
In the preference segment, Jamaica Public Service 7% sank $6.49 to close at $41.50. JMMB Group 7% preference share slipped 90 cents to $2.34 and 138 Student Living preference share rallied $44.71 in closing at $180.45.
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 market closed with an exchange of 137,354 shares for US$22,495, down from 1,221,116 units at US$112,024 on Tuesday.
Proven Investments ended at 13 US cents after an exchange of 1,528 stock units, Sterling Investments dipped 0.06 of a cent to 1.54 US cents after it closed with an exchange of 595 shares, Sygnus Credit Investments sank 1.8 cent in closing at a 52 weeks’ low 6 US cents in switching ownership of 27,200 stocks and Transjamaican Highway ended at 2 US cents as investors exchanged 91,713 units.
At the close of the market, the JSE Combined Market Index climbed 1,589.37 points to 332720.64, the All Jamaican Composite Index rose 803.03 points to 357,537.00, the JSE Main Index rallied 1,434.43 points to close at 319,656.54. The Junior Market Index rallied 30.50 points to end the day at 3,771.19 and the JSE USD Market Index jumped 17.10 points to wrap-up trading at 236.20.
In the preference segment, Productive Business Solutions 10.5% preference share rallied $50 to $1,100 and Sygnus Credit Investments C10.5% rose $2 to end at $110.
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.
At the close of trading, the JSE Combined Market Index climbed 564.71 points to 331,131.27, the All Jamaican Composite Index rallied 937.75 points to 356,733.97, the JSE Main Index advanced 139.64 points to 318,222.11. The Junior Market Index jumped 60.76 points to 3,740.69 and the JSE USD Market Index rose 0.42 points to 219.10.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. The ICInsider.com PE ratio chart and detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
At the close of trading, the JSE Combined Market Index dropped 2,619.12 points to 325,755.07, the All Jamaican Composite Index dived 4,210.54 points to 349,222.49, the JSE Main Index shed 2,656.40 points to close at 313,276.45. The Junior Market Index declined 7.49 points to close at 3,653.40 and the JSE USD Market Index slipped 0.75 points to conclude trading at 218.37.
In the preference segment, there was no stock trading with notable price change.
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.
At the close of the market, the JSE Combined Market Index climbed 727.53 points to 328,374.19, the All Jamaican Composite Index gained 961.07 points to 353,433.03, the JSE Main Index dropped 477.47 points to 315,932.85. The Junior Market Index fell 38.18 points to end trading at 3,660.89 and the JSE USD Market Index slipped 0.74 points to 219.12.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.1 on 2023-24 earnings and 13.3 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
The market closed with an exchange of 105,065 shares for US$5,087 compared to 184,675 units at US$7,820 on Tuesday.
At the close, MPC Caribbean Clean Energy rallied 3 cents to end at 64 US cents with an exchange of 10 units, Proven Investments remained at 13 US cents with 27,774 stocks crossing the market, Sterling Investments rose 0.13 of a cent to finish at 1.59 US cents as investors exchanged 999 shares and Transjamaican Highway popped 0.05 of a cent and ended at 2 US cents with a transfer of 76,282 stock units.