Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 1,853 percent jump in the volume of stocks exchanged following 234 percent more US dollars passing through the market than on Tuesday and resulting in trading in five securities, compared to seven on Tuesday with prices of no rising, two declining and three ending unchanged.
The market closed with an exchange of 125,830 shares for US$25,026 compared to 6,443 units at US$7,499 on Tuesday.
Trading averaged 25,166 units at US$5,005 versus 920 shares at US$1,071 on Tuesday, with a month to date average of 49,133 shares at US$6,355 compared with 50,100 units at US$6,410 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index slipped 1.06 points to settle at 260.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments dipped 0.06 of a cent in closing at 14.44 US cents with investors trading 275 stocks, Sygnus Credit Investments remained at 8.9 US cents with an exchange of 5,448 units and Transjamaican Highway fell 0.02 of a cent to end at 2.11 US cents in trading 109,605 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149 in switching ownership of 9,519 stock units and Productive Business Solutions 9.25% preference share remained at US$11.50, with 983 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading bounces
Trading drops on the Jamaica Stock Exchange
Trading retreated on the Jamaica Stock Exchange in trading on Tuesday with the number of stocks changing hands falling, with the total value pulled back decidedly compared with the previous trading, resulting in prices of 26 shares rising and 47 declining on a day when the Junior Market popped but the Main Market and the JSE USD market closed lower.
At the close of trading, the JSE Combined Market Index fell 2135.47 points to 346,386.21, the All Jamaican Composite Index dropped 4,582.25 points to finish at 372,562.75, the JSE Main Index shed 2,632.54 points to lock up trading at 333,599.81. The Junior Market Index jumped 38.08 points to finish at 3,827.68 and the JSE USD Market Index dipped 1.13 points to conclude trading at 256.18.
At the close of trading, 22,497,668 shares were exchanged in all three markets, down from 57,917,643 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $97.9 million, down from $2.024 billion on the previous trading day and the JSE USD market closed with an exchange of 6,443 shares for US$7,499 compared to 83,412 units at US$10,690 on Monday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 10.32 million shares followed by Transjamaican Highway with 1.62 million units, Sagicor Select Financial Fund closed with 1.22 million units, JMMB Group 7.25% preference share due 2024 ended with 1.17 million units and General Accident with 1.0 million shares.
In the Junior Market, EduFocal led trading with 1.04 million shares followed by Stationery and Office Supplies with 698,934 units and Tropical Battery with 482,246 stock units.
At the close of trading the Main Market listed Eppley rose $3 in closing at $39.50 with investors dealing in 1,560 stocks, Eppley Caribbean Property Fund gained $1.74 to close at $40, Jamaica Broilers popped 95 cents to $33.99, Seprod climbed $1.70 to $80,
The major declining Main Market stocks include Guardian Holdings fell $19 in closing at $350, Mayberry Group lost $1.32 to end at $6.48, MPC Caribbean Clean Energy declined by $36 to $85, Pan Jamaica sank $3.50 in closing at $48.01, Scotia Group lost $1 to close at $44.50 and Supreme Ventures declined $1.92 and ended at $25.08.
At the end of trading, the Junior Market listed AMG Packaging dipped 61 cents to end at $3, Future Energy popped 29 cents to end at $3.50, Knutsford Express rallied 60 cents in closing at $12 with a transfer of 60 stock units, Lasco Distributors rose 24 cents to close at $4.35, while Consolidated Bakeries skidded 18 cents in closing at $2.01, Lasco Manufacturing shed 69 cents to $5.09, Main Event declined 71 cents to end at $14.
In the preference segment, Eppley 7.75% preference share rallied $2.98 in closing at $22.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 14.5 times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading drops on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 77 percent after 43 percent lower US dollars passed through the market than on Friday, resulting in trading in nine securities, compared to four on Friday with prices of six rising, two declining and one ending unchanged.
The market closed with an exchange of 83,412 shares for US$10,690 compared to 361,086 units at US$18,726 on Friday.
Trading averaged 9,268 units at US$1,188 versus 90,272 shares at US$4,682 on Friday, with a month to date average of 53,042 shares at US$6,729 compared to 56,690 units at US$7,191 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index lost 2.63 points to cease trading at 257.31.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, MPC Caribbean Clean Energy climbed 4 cent and ended at 61 US cents after a transfer of 250 units, Proven Investments rose 0.1 of a cent to 13.7 US cents, with 6,316 stocks crossing the exchange, Sterling Investments gained 0.3 of a cent in closing at 1.75 US cents with investors trading 150 shares. 
Sygnus Credit Investments popped 0.03 of a cent to close at 8.9 US cents with 5,137 stock units clearing the market, Sygnus Real Estate Finance USD share declined 0.54 of one cent to end at 7.5 US cents with an exchange of 347 shares and Transjamaican Highway increased 0.13 of a cent in closing at 2.13 US cents after 64,527 units passed through the market.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149 with investors swapping 6,600 stocks, JMMB Group 5.75% lost 1 cent and ended at US$1.90, with 68 stock units changing hands and Productive Business Solutions 9.25% preference share rallied 45 cents to end at US$11.50 with a transfer of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big surge in JSE trading on Monday
Trading surged on the Jamaica Stock Exchange on Monday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands climbing, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 33 shares rising and 29 declining.
At the close of the market, the JSE Combined Market Index climbed 3,284.31 points to 348,521.68, the All Jamaican Composite Index rose 4,481.53 points to 377,145.00, the JSE Main Index climbed 3,554.31 points to 336,232.35. The Junior Market Index dropped 5.60 points to settle at 3,789.60 and the JSE USD Market Index slipped 2.68 points to end the day at 257.31.
At the close of trading, 57,917,643 shares were exchanged in all three markets, up from 21,088,796 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $2.024 billion, up from $117.77 million on the previous trading day and the JSE USD market closed with an exchange of 83,412 shares for US$10,690 compared to 361,086 units at US$18,726 on Friday.
Trading in the Main Market was dominated by NCB Financial led trading with 25.23 million shares followed by Wigton Windfarm with 5.03 million units, Proven Investments ended with 3.60 million units, Sagicor Group had an exchange of 2.11 million units, Transjamaican Highway chipped in with 1.61 million shares and Sagicor Select Financial Fund with 1.35 million units.
In the Junior Market, Future Energy led trading with 10.98 million shares followed by Lasco Manufacturing with 1.19 million units and ONE on ONE Educational ended trading with 724,352 stock units.
At the close of trading the Main Market listed Caribbean Cement rallied $1.62 in closing at $61.50, Caribbean Producers popped 69 cents to $10.47, Jamaica Producers climbed $2 to $24, Kingston Wharves increased 97 cents in closing at $33, MPC Caribbean Clean Energy rose $25.25 to end at $121cents in closing at $22.02 and Supreme Ventures gained 97 cents in closing at $27.
At the same time, Eppley declined $1.50 and ended at $36.50, Jamaica Broilers dipped 95 cents to end at $33.04, Sagicor Group shed $1.80 to close at $42, Seprod fell $2.40 to end at $78.30, Proven Investments sank 99 cents in closing at $22.02, Sagicor Group shed $1.80 to close at $42, Seprod fell $2.40 to end at $78.30 and Proven Investments sank 99.
At the end of trading, the Junior Market listed Lasco Manufacturing rose 69 cents to close at $5.78, Limners and Bards advanced 25 cents to $1.85, Main Event popped $1.14 to end at $14.71 and tTech popped 28 cents to close at $2.50 with the major losing stocks being Future Energy that dropped 30 cents in closing at $3.21 and Lasco Distributors sinking 24 cents and ended at $4.11.
In the preference segment, 138 Student Living preference share rose $27 and ended at $217, Productive Business Solutions 10.5% preference share sank $209 to $1,075 and Sygnus Credit Investments C10.5% gained $1 to end at $107.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.5 times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
JSE Main Market falls Juniors & USD markets rise
The Main Market of the Jamaica Stock Exchange declined in trading on Friday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 38 shares rising and 37 declining.
At the close of trading, the JSE Combined Market Index climbed 2,597.12 points to 345,237.37, the All Jamaican Composite Index shed 593.72 points to close at 372,663.47, the JSE Main Index lost 2,896.26 points to 332,678.04. The Junior Market Index popped 3.60 points to 3,795.20, after hitting 3,875 points in the first thirty minutes of trading and the JSE USD Market Index rose 4.79 points to lock up trading at 259.99.
At the close of trading, 21,088,796 shares were exchanged in all three markets, down from 57,568,397 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $117.77 million, up from $110.86, million on the previous trading day and the JSE USD market closed with an exchange of 361,086 shares for US$18,726 compared to 310,053 units at US$11,086 on Thursday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 5.96 million shares, followed by Transjamaican Highway with 1.70 million units and Palace Amusement with 588,579 shares.
In the Junior Market, Lasco Manufacturing led trading with 4.48 million shares, followed by Stationery and Office Supplies with 990,778 units and Future Energy 579,426 stock units.
At the close of trading, the Main Market listed Guardian Holdings increased $5.80 in closing at $369, Jamaica Broilers popped 96 cents to close at $33.99, Mayberry Jamaican Equities gained 89 cents to end at $10.89, MPC Caribbean Clean Energy popped $4.75 in closing at $95.75 and NCB Financial gained $2 to close at $69.50.
The Main Market Jamaica Producers, fell $1 to $22, Massy Holdings sank $2.80 to close at $94, Proven Investments lost $1.74 and ended at $23.01 and Seprod dropped $2.25 to close at $80.70.
At the end of trading, the Junior Market listed Cargo Handlers gained 51 cents to end at $14.51, CAC 2000 rallied 17 cents to $4, Consolidated Bakeries popped 19 cents to $2.20, Express Catering rose 18 cents in closing at $3.98, Honey Bun gained 20 cents to end at $6.85, Lasco Distributors climbed 35 cents to close at $4.35 and tTech advanced 20 cents and ended at $2.22. At the same time, Knutsford Express declined 60 cents in closing at $11.40, Lasco Manufacturing skidded 36 cents to end at $5.09 and Paramount Trading fell 25 cents to $1.30.
In the preference segment, Productive Business Solutions 9.75% preference share dipped $3.45 and ended at $115.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.4 times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Main Market drops Junior & USD markets rise
The Main Market of the Jamaica Stock Exchange dropped in trading on Wednesday as the Junior Market JSE USD market inched moderately higher as trading ended with the volume and value of stocks changing hands falling, compared with the previous trading day, resulting in prices of 38 shares rising and 43 declining.
At the close of trading on Wednesday, the JSE Combined Market Index shed 3,094.00 points to 346,606.02, the All Jamaican Composite Index skidded 3,659.77 points to close at 371,934.81, the JSE Main Index dropped 3,376.48 points to lock up trading at 334,062.14. The Junior Market Index popped 8.29 points to 3,803.26 and the JSE USD Market Index rose 1.15 points to 260.70.
At the close of trading, 38,865,018 shares were exchanged in all three markets, down from 53,603,621 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $80.9 million, sharply down from $409.6 million on the previous trading day and the JSE USD market closed with an exchange of 497,176 shares for US$96,746 compared to 328,443 units at US$47,111 on Tuesday.
Trading in the Main Market was dominated by Wigton Windfarm with 25.74 million shares followed by Transjamaican Highway with 2.10 million units and Sagicor Select Financial Fund with 1.86 million stock units.
In the Junior Market, Dolla Financial led trading with 1.06 million shares followed by ONE on ONE Educational with 837,365 units and EduFocal with 373,478 stock units.
At the close of trading on the Main Market Pan Jamaica advanced $3.40 in closing at $51.40 to be the sole major gaining ordinary stock.
The Main Market, Berger Paints shed 77 cents and ended at $5.85, Caribbean Cement lost $3.50 to $56, Eppley Caribbean Property Fund dipped $1.74 to end at $38.26, Jamaica Stock Exchange sank 90 cents in closing at $9.10, Kingston Wharves dropped 72 cents to close at $31.98, Sagicor Group declined 90 cents to close at $43, Scotia Group fell $2.40 and ended at $45 and Seprod dipped $1.50 to $81.
At the end of Junior Market trading, AMG Packaging advanced 34 cents to $3.08, Cargo Handlers rose 90 cents and ended at $14, Dolphin Cove increased 30 cents to end at $18.80, Honey Bun rose 25 cents and ended at $6.70, ISP Finance increased 50 cents to end at $31.50, while Caribbean Assurance Brokers lost 27 cents to close at $2.11, Iron Rock Insurance fell 42 cents to $2.10 and Main Event skidded 65 cents in closing at $13.55.
In the preference segment, Productive Business Solutions 9.75% preference share gained $27.44 in closing at $118.45.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 14.5. times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Bulls prowling around the Jamaica Stock Exchange
The Main Market of the Jamaica Stock Exchange continued its bullish run and gained over 5,000 points in trading on Tuesday as the Junior Market JSE USD market popped moderately higher as trading ended with the number of stocks changing hands along with the value surging sharply over the previous trading day, resulting in prices of 48 shares rising and 29 declining.
At the close of trading, the JSE Combined Market Index climbed 5,205.70 points to 349,700.02, the All Jamaican Composite Index surged 4,271.57 points to 375,594.58, the JSE Main Index jumped 5,531.32 points to 337,438.62. The Junior Market Index rose 2.07 points to 3,794.97 and the JSE USD Market Index increased 3.87 points to settle at 259.55.
At the close of trading, 53,603,621 shares were exchanged in all three markets, up from 31,242,143 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $409.6 million, up from $171.6 million yesterday and the JSE USD market closed with an exchange of 328,443 shares for US$47,111 compared to 610,533 units at US$78,231 on Monday.
Trading in the Main Market was dominated by Transjamaican Highway led trading with 21.31 million shares followed by Wigton Windfarm with 9.22 million units, GraceKennedy was next with 2.78 million stock units, Sagicor Select Financial Fund ended with 2.55 million shares, Wisynco Group closed with 2.41 million units and JMMB Group 7.35% – 2028 with 1.09 million stock units.
In the Junior Market, Future Energy led trading with 2.09 million shares followed by Fosrich with 1.13 million units, ONE on ONE Educational with 1.02 million stock units and Lasco Distributors with 1.02 million shares.
At the close of trading on the Main Market Barita Investments rallied $1.09 to close at $70.99, Berger Paints rose 82 cents to $6.62, Guardian Holdings popped $9 to end at $369, Jamaica Stock Exchange climbed $1 to $10, Kingston Wharves increased $2.53 in closing at $32.70, Massy Holdings gained $6.85 and ended at $96.86, Scotia Group rose $1.40 to close at $47.40, Stanley Motta rallied 99 cents and ended at $6.99, Sygnus Real Estate Finance increased $1.55 to close at $11.40
The major declining Main Market stocks include Jamaica Producers shed $1.02 and ended at $22.08, Mayberry Jamaican Equities sank 85 cents to end at $9.25, MPC Caribbean Clean Energy fell $1 to close at $90, Pan Jamaica lost $3.40 in closing at $48 and Seprod declined $1.21 to end at $82.50.
At the end of Junior Market trading, Caribbean Assurance Brokers advanced 25 cents in closing at $2.38, Caribbean Cream popped 42 cents and ended at $3.77, while AMG Packaging lost 35 cents to $2.74, Cargo Handlers declined 90 cents to end at $13.10.
In the preference segment, Eppley 7.50% preference share fell $1.83 in closing at $5.64 and Productive Business Solutions 9.75% preference share shed $10.65 to $91.01.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 14.4 times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The 
ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Buoyant trading for JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks traded rising 241 percent after 39 percent more dollars changed compared to Friday, resulting in trading in nine securities, compared to 10 on Friday with prices of three rising, two declining and four ending unchanged.
The market closed with trading in 610,533 shares for US$78,231 up from 178,798 units at US$56,398 on Friday.
Trading averaged 67,837 units at US$8,692 up from 17,880 shares at US$5,640 on Friday, with a month to date average of 53,788 shares at US$7,011 compared with 52,146 units at US$6,815 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.67 points to close at 255.68, up 10.7 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.7 US cents with a transfer of 5,635 stock units, Proven Investments ended at 14.5 US cents as investors exchanged 455,584 shares, Sterling Investments ended at 1.7 US cents, with 2,000 stocks crossing the market. 
Sygnus Credit Investments climbed 0.3 of a cent in closing at 8.8 US cents with investors trading 3,085 units, Sygnus Real Estate Finance USD share declined 0.8 of one cent to 7.2 US cents with 56,900 shares clearing the market and Transjamaican Highway rose 0.14 of a cent to 2.05 US cents with traders dealing in 86,318 stock units.
In the preference segment, JMMB Group 5.75% advanced 26 cents in closing at US$1.81 in exchanging 577 units, Productive Business Solutions 9.25% preference share ended at US$11.05 with investors transferring 423 stocks and Sygnus Credit Investments E8.5% fell 72 cents to end at US$11.02 in switching ownership of 11 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining 78 percent after 40 percent fewer US dollars changed hands compared with Thursday, resulting in trading in 10 securities, similar to market outcome on Thursday with prices of six rising, two declining and two ending unchanged.
The market closed with an exchange of 178,798 shares for US$56,398 compared to 827,138 units at US$94,452 on Thursday.
Trading averaged 17,880 units at US$5,640 down from 82,714 shares at US$9,445 on Thursday, with a month to date average of 52,146 shares at US$6,815 compared with 57,260 units at US$6,990 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index rose 0.21 points to wrap up trading at 254.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4.7 US cents after an exchange of 63 units, Proven Investments had investors trading 112,086 stocks at 14.5 US cents, Sterling Investments increased 0.2 of a cent to 1.7 US cents after a transfer of 118 shares. Sygnus Credit Investments fell 0.4 of a cent and ended at 8.5 US cents with traders dealing in 15,912 stock units, 
Sygnus Real Estate Finance USD share inched 1 cent higher to close at 8 US cents in an exchange of 15 shares and Transjamaican Highway popped 0.08 of a cent to 1.91 US cents, with 29,133 stock units crossing the market.
In the preference segment, JMMB Group US8.5% preference share gained 3 cents to end at US$1.08 in trading 10,077 stock units, JMMB Group 5.75% rose 1.15 cents to US$1.55 after 10,309 units passed through the market, Productive Business Solutions 9.25% preference share shed 1 cent and ended at US$11.05 with investors transferring 85 shares and Sygnus Credit Investments US 8% advanced 4 cents to close at US$10.54, with 1,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for all JSE markets
The Main Market continued to rise in trading on Friday at the close of the Jamaica Stock Exchange while the Junior Market and JSE USD market inched a few points higher as trading ended with the number and the value of stocks hanging hands falling compared with the previous trading day, resulting in prices of 41 shares rising and 29 declining.
At the close of trading on Friday, the JSE Combined Market Index climbed solidly by 1,293.91 points to 373,276.24, the All Jamaican Composite Index rallied by 1,293.92 points to 373,276.24, the JSE Main Index popped 807.06 points to end at 335,848.38. The Junior Market Index gained 4.31 points to 3,812.89 and the JSE USD Market Index popped 0.21 points to end the day at 254.01.
At the close of the market, 13,676,383 shares were exchanged in all three markets, down from 45,443,191 units on Thursday, with the value of stocks traded on the Junior and Main markets amounting to $74.93 million, compared with $169.49, million yesterday and the JSE USD market closed with an exchange of 178,798 shares for US$56,398 compared to 827,138 units at US$94,452 on Thursday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 3.91 million shares followed by Transjamaican Highway with 1.12 million units, JMMB Group ended with 1.12 million units and Sagicor Select Financial Fund with 1.10 million stocks.
In the Junior Market, Spur Tree Spices led trading with 904,399 shares followed by Image Plus with 904,064 units and Mailpac Group with 458,730 stock units.
At the close of trading on the Main Market, Caribbean Cement increased $1.02 to end at $57, Guardian Holdings rose $19.99 to $370, Jamaica Producers gained 84 cents and ended at $23.94, Margaritaville rallied $1.14 to close at $17.48, Pan Jamaica advanced $1.01 in closing at $51.51 and Scotia Group rallied $1 to close at $46
At the close of the Main Market, Eppley shed $1 and ended at $34.99 and Massy Holdings skidded $5.50 to end at $91.50.
At the end of Junior Market trading, AMG Packaging popped 28 cents to $3, Honey Bun advanced 39 cents to close at $6.69 and tTech rose 49 cents to close at $2.49, as Consolidated Bakeries fell 23 cents and ended at $1.98, Fontana skidded 23 cents in closing at $10.25 and Paramount Trading sank 21 cents to $1.27.
In the preference segment, 138 Student Living preference share fell $32.55 and ended at $184.45 and Productive Business Solutions 9.75% preference share dropped $17.94 to $101.66.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 214. on 2022-23 earnings and 14.6 times those for 2023-24 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 PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
