Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 479 percent jump in the volume of stocks changing hands and the value rising 202 percent more than on Monday, resulting in trading in six securities, compared to eight on Monday with two rising, none declining and four ending unchanged.
The market closed with an exchange of 135,574 shares for US$3,223 compared to 23,424 units at US$1,068 on Monday.
Trading averaged 22,596 units at US$537 versus 2,928 shares at US$133 on Monday, with a month to date average of 16,796 shares at US$712 compared with 15,708 units at US$745 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index shed 1.68 points to end at 239.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4.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 six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy popped 1 cent to 58 US cents in trading one stock, Productive Business Solutions ended at US$1.78 with 15 shares being traded, Proven Investments remained at 14.5 US cents in an exchange of 1,537 units. Sterling Investments ended at 1.6 US cents, with 3,113 stocks being traded, Sygnus Credit Investments remained at 9 US cents after a transfer of 10,000 shares and Transjamaican Highway popped 0.03 of a cent to 1.71 US cents with 120,908 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in JSE USD Market
No gains for JSE USD stocks on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 72 percent and valued 69 percent lower than on Friday, resulting in the trading of eight securities compared to six on Friday with none rising, two declining and six ending unchanged.
Overall, 23,424 shares were exchanged for US$1,068 compared with 13,643 units at US$3,500 on Friday.
Trading averaged 2,928 units at US$133 compared to 2,274 shares at US$583 on Friday, with a month to date average of 15,708 shares at US$745 in comparison with 19,968 units at US$949 on the previous trading day and compares to December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index sank 0.82 points to end the day at 241.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 five 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 4.89 US cents after it closed with an exchange of 1,900 units, 
Margaritaville shed 2.3 cents to finish at 10.1 US cents, with 87 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading 165 shares. Productive Business Solutions ended at US$1.78 after an exchange of one stock unit, Proven Investments remained at 14.5 US cents with 3,765 shares crossing the market, Sygnus Credit Investments ended at 9 US cents in trading 170 stocks and Transjamaican Highway sank 0.04 of a cent and ended at 1.68 US cents after exchanging 17,335 units.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50 with investors trading one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market pops higher as Juniors fall
The Junior Market and the JSE USD market slipped in trading on Monday while the Main Market inched marginally higher at the close on Monday, with 39 ordinary shares declining against just 33 rising as the Jamaica Stock Exchange closed following a rise in the volume and a decline in the value of stocks traded.
At the close of trading on Monday, the JSE Combined Market Index slipped 335.55 points to 335,510.11, the All Jamaican Composite Index rallied 82.60 points to 360,020.49, the JSE Main Index rose 36.27 points to end at 322,734.20. The Junior Market Index fell 30.78 points to end at 3,749.36 and the JSE USD Market Index shed 0.83 points to 240.86.
At the close of trading, 16,506,255 shares were exchanged in all three markets, up from 16,067,798 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $48.4 million, down from $60.18 million on Tuesday and the JSE USD market closed after 23,424 shares were traded, for US$1,068 compared to 13,643 units at US$3,500 on Friday.
Main Market trading was dominated by Wigton Windfarm with 6.16 million shares followed by Transjamaican Highway with 1.46 million units and Ciboney Group with 719,955 units.
In the Junior Market, EduFocal led trading with 1.26 million shares followed by Express Catering with 570,734 units and ONE on ONE Educational with 419,388 units.
At the close of the market, Main Market stocks rising are MPC Caribbean Clean Energy popping 99 cents and ending at $90, Proven Investments rising $1.04 in closing at $23.48, Sagicor Group jumping $4.38 to end at $45.98, Scotia Group rising $1 to $39 and Seprod climbing $5.50 in closing at $82.50.
Declining Main Market stocks include First Rock Real Estate down $1.23 to $6.77, Guardian Holdings falling $3.99 to $395, Margaritaville shedding $2.58 to end at $15 and Wisynco Group sinking $1.23 to end at $20.06.
In the Junior Market rising stocks include just Indies Pharma with an increase of 39 cents to $3.04.
Stock with the largest losses in the Junior Market was Access Financial down 50 cents to end at $25, AMG Packaging sinking 59 cents to $2.61 and Cargo Handlers dropping $2.43 to close at $11.57.
In the preference segment, Jamaica Public Service 7% skidded $5 in closing at $40 and Productive Business Solutions 10.5 % preference share shed $20 to end at $1,060.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.8 on 2022-23 earnings and 13.9 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 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.
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.
Stocks fell on the JSE Main & Junior Markets
Trading on Friday ended with 39 ordinary shares declining against just 27 that gained as the Jamaica Stock Exchange suffered declines in the Main Market and the Junior Market but the JSE USD market closed higher following a rise in the volume and value of stocks trading.
At the close of trading on Friday, the JSE Combined Market Index shed 1,100.91 points to close at 335,745.66, the All Jamaican Composite Index dropped 3,528.13 points to 359,937.89, the JSE Main Index lost 1,060.72 points and wrapped up trading at 322,697.93. The Junior Market Index fell 12.12 points to end at 3,780.14 and the JSE USD Market Index rose 4.38 points to 241.69.
At the close of trading, 16,067,798 shares were exchanged in all three markets, up from 10,635,206 units on Thursday,
with the value of stocks traded on the Junior and Main markets amounted to $60.18 million, up from $38.4 million on Tuesday and the JSE USD market closed after 13,643 shares were traded, for US$3,500 compared to 250,247 units at US$11,360 on Thursday.
Main Market trading was dominated by Transjamaican Highway with 3.35 million shares followed by Carreras with 2.22 million units, Wigton Windfarm with 1.32 million units and Sagicor Select Financial Fund with 1.17 million units.
In the Junior Market, One Great Studio led trading with 1.13 million shares followed by Dolla Financial with 727,676 units and Everything Fresh with 565,867 units.
At the close of the market, Main Market stocks rallying were Eppley Caribbean Property Fund climbing $1.02 and ended at $38.02. First Rock Real Estate popped $1.05 to end at $8, GraceKennedy gained $1.40 in closing at $79.40,
Declining Main Market stocks include Barita Investments with a loss of $2.01 to close at $71, JMMB Group declining $1.25 to $24.25, Sagicor Group dropping $5.39 and ended at $41.60, Scotia Group skidded $1.29 in closing at $38, while Sperod sank $8 to close at $77.
In the Junior Market rising stocks include Cargo Handlers with a gain of 92 cents in closing at $14 and the only stock with a sizable loss in this market was AMG Packaging down 70 cents in ending at $3.20.
In the preference segment, Productive Business Solutions 10.5 % preference share advanced $5 to end at $1,080.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.9 on 2022-23 earnings and 14 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 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.
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.
5% gain for JSE USD market year to date
Stocks gained 5 percent in the first week of trading in 2024 at the close on Friday on the Jamaica Stock Exchange US dollar market. Trading ended with a 95 percent drop in the volume of stocks changing hands, valued 69 percent lower than Thursday and resulting in six securities being traded, compared to five on Thursday with three rising, one declining and two ending unchanged.
Overall, 13,643 shares were traded, for US$3,500 compared to 250,247 units at US$11,360 on Thursday.
Trading averaged 2,274 units at US$583 compared with 50,049 shares at US$2,272 on Thursday, with a month to date average of 19,968 shares at US$949 compared with 25,867 units at US$1,071 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index climbed 4.94 points to close at 242.30, up 4.9 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.6. 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 one with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.39 of a cent to close at 4.89 US cents in an exchange of 40 stock units, Proven Investments dipped 0.1 of one cent to 14.5 US cents with investors swapping 921 shares, Sterling Investments rose 0.03 of a cent to end at 1.6 US cents with 11,076 units changing hands. Sygnus Credit Investments remained at 9 US cents after closing with an exchange of 25 stocks and Transjamaican Highway climbed 0.12 of one cent and ended at 1.72 US cents with 1,306 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50 after an exchange of 275 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
Trading remained subdued on the Jamaica Stock Exchange US dollar market on Thursday, even with a 53 percent rise in the volume of stocks changing hands, valued 298 percent more than on Wednesday. Market activity resulted in trading of five securities, compared to six on Wednesday with prices of two rising, one declining and two ending unchanged.
At the close of the market on Thursday, 250,247 shares were traded for US$11,360 up from 163,964 units at US$2,851 on Wednesday.
Trading averaged 50,049 units at US$2,272 versus 27,327 shares at US$475 on Wednesday, with a month to date average of 25,867 shares at US$1,071 compared with 16,566 units at US$609 on the previous day. In comparison, December ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index lost 1.31 points to conclude trading at 237.36.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. 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 none with a lower offer.
At the close, Proven Investments remained at 14.6 US cents in an exchange of 488 units, Sygnus Credit Investments rose 0.5 of a cent to 9 US cents and closed after 4,091 stocks changed hands and Transjamaican Highway lost 0.12 of a cent to end at 1.6 US cents after a transfer of 239,600 shares.
In the preference segment, JMMB Group 6% advanced 4 cents in closing at US$1.05 trading 6,001 stock units and Productive Business Solutions 9.25% preference share ended at US$11.50 while exchanging 67 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market falls, Juniors rise
Jamaica stocks rose on the Jamaica Stock Exchange on Thursday but overseas-based stocks pulled back, with the Main Market slipping as the Junior Market recovered some of the grounds lost on Wednesday but the JSE USD market closed lower following a drop in the volume and value of stocks trading falling.
At the close of trading, the JSE Combined Market Index shed 206.43 points to end trading at 336,846.57, the All Jamaican Composite Index rose 1,082.80 to close at 363,466.02, the JSE Main Index fell 499.84 points to 323,758.65. The Junior Market Index climbed 29.96 points to 3,792.26 and the JSE USD Market Index fell 2.02 points to 237.31.
At the close of trading, 10,635,206 shares were exchanged in all three markets, down from 13,087,775 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounting to $38.4 million, down compared with $69.13 million on Tuesday and the JSE USD market closed after 250,247 shares were traded, for US$11,360 compared to 163,964 units at US$2,851 on Wednesday.
Main Market trading was dominated by Transjamaican Highway led trading with 1.41 million shares followed by Sagicor Select Financial Fund with 1.29 million units and QWI Investments with 888,809 units.
In the Junior Market, iCreate led trading with 612,599 shares followed by Future Energy with 573,561 units and One Great Studio with 415,210 units.
Main Market stocks rallying were NCB Financial rose $1 to close at $67.50 and Seprod rallied $2.10 in closing at $85.
Declining Main Market stocks included, GraceKennedy lost $1.75 to close at $78, Supreme Ventures declined $1.35 to $24.60 and Jamaica Broilers sank $1 in closing at $33.50.
Rising Junior Market stocks include Dolphin Cove advancing 70 cents in closing at $20 and Fontana increasing 52 cents to $10.60. There were stocks with big losses in this market.
In the preference segment, 138 Student Living preference share dropped $10 to end at $120 and Productive Business Solutions 10.5% preference share advanced $15 in closing at $1,075
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.9 on 2022-23 earnings and 14.1 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 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.
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.
Lift for the JSE USD Market
The US dollar market of the Jamaica Stock Exchange closed higher for a second day of trading in the new year on Wednesday, following a 219 percent rise in the volume of stocks changing hands, but with a 44 percent lower value than on Tuesday, resulting from trading in six securities compared to seven on Tuesday with the prices of three rising, two declining and one ending unchanged.
The market closed with 163,964 shares being traded for US$2,851 compared with 51,389 units at US$5,071 on Tuesday.
Trading averaged 27,327 units at US$475, versus 7,341 shares at US$724 on Tuesday, with a month to date average of 16,566 shares at US$609 compared with December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index rose 0.86 points to end at 238.67.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.5. 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 none with a lower offer.
At the close, First Rock Real Estate USD share gained 0.13 of a cent and ended at 4.5 US cents while investors exchanged 1,000 stock units, 
Productive Business Solutions ended at US$1.78 with traders dealing in two shares, Proven Investments shed 0.35 of a cent to end at 14.6 US cents after investors traded 1,100 shares. Sterling Investments fell 0.03 of a cent in closing at 1.57 US cents with a transfer of just one stock, Sygnus Credit Investments rose 0.49 of one cent to 8.5 US cents with investors dealing in 9 shares and Transjamaican Highway popped 0.09 of a cent to 1.72 US cents after an exchange of 161,852 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pull back for JSE Main & Junior Markets
The Main Market and Junior Market of the Jamaica Stock Exchange gave back some of the gains garnered over the past few trading sessions but the JSE USD market closed higher for the second day of trading as the overall trading levels in the markets pulled back from those of Friday and Tuesday, with the market weighed down by more big falling prices than those rising.
At the close of trading, 13,087,775 shares were exchanged in all three markets, down from 21,294,970 units on Tuesday,
with the value of stocks traded on the Junior and Main markets amounted to $69.13 million, down compared with $81.4 million on Tuesday and the JSE USD market closed after 163,964 shares were traded, for US$2,851 compared to 51,389 units at US$5,071 on Tuesday.
Main Market trading was dominated by Wigton Windfarm led trading with 1.78 million shares for 25.4 percent of total volume followed by Jamaica Stock Exchange with 1.43 million units for 20.4 percent of the day’s trade and Transjamaican Highway with 637,525 units.
In the Junior Market, Lasco Financial led trading with 2.96 million shares, followed by AMG Packaging with 557,050 units and One Great Studio with 492,557 units.
At the close of the market, Main Market stocks rallying were AS Bryden, with a gain of $3.01 to $33.11, Seprod climbing $2.91 to $82.90, Wisynco Group up $1.25 to close at $22.30.
Declining Main Market stocks included, Eppley Caribbean Property Fund skidded $3 to end at $37, Caribbean Cement lost $1.82 and ended at $57.66, NCB Financial down $1.50 and ended at $66.50 and Scotia Group up $1 to $38.50.
Rising Junior Market stocks include AMG Packaging advancing $1.50 to $3.90 and Main Event increasing $1.20 in closing at $14.34. Falling stocks include Access Financial down $2.29 to close at $25.20 and Cargo Handlers declining $1.84 to end at $13.08.
At the close of trading, the JSE Combined Market Index dropped 4,040.80 points to 337,053.00, the All Jamaican Composite Index skidded 5,765.35 points to lock up trading at 362,383.22, the JSE Main Index lost 3,566.78 points to end at 324,258.49. The Junior Market Index dropped 79.45 points to conclude trading at 3,762.30 and the JSE USD Market Index gained 1.52 points to settle at 239.33.
In the preference segment, Eppley 7.75% preference share popped $3.99 to $22.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.7 on 2022-23 earnings and 14.1 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 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.
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.
New year’s bounce for JSE USD Market
US dollar denominated stocks pushed the Jamaica Stock Exchange US dollar market higher to start off the new year on a positive note when trading ended on Tuesday as the volume of stocks changing hands declined by 86 percent with the value 79 percent lower than on Friday, resulting in seven securities being traded, compared to 10 on Friday with two rising, three declining and two ending unchanged.
At the close of market activity, 51,389 shares were traded, for US$5,071 compared to 367,867 units at US$23,588 on Friday.
Trading averaged 7,341 units at US$724 versus 36,787 shares at US$2,359 on Friday, compared to December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index gained 6.62 points to cease trading at 237.81.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. 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 ending with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville dipped 0.1 of a cent to end at 12.4 US cents with 78 being traded, Productive Business Solutions ended at US$1.78 in trading 1,011 units, Proven Investments fell 0.05 of a cent in closing at 14.95 US cents with 7,526 shares clearing the market. Sterling Investments remained at 1.6 US cents while exchanging 6,205 units, Sygnus Credit Investments popped 0.01 of a cent to 8.01 US cents with a transfer of 1,000 shares and Transjamaican Highway skidded 0.11 of one cent to 1.63 US cents after an exchange of 35,445 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share popped 30 cents and ended at US$11.50 in switching ownership of 124 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.