The Jamaica Stock Exchange, US dollar market, closed on Tuesday, with modest trading as just four securities changed hands. Trading resulted in only 4,926 shares valued at US$4,838 trading as the recently listed Trans Jamaica Highway that traded recently in mostly large volumes exchanged just 10,004 shares at the close.
Market activity closed with no stock rising, while three declined and one closed trading unchanged. The volume of shares traded fell to 34,926 units with a value of US$4,838, in contrast to 4,049,404 units for US$90,280 on Monday. At the close, the market fell by 1.58 points to 204.81, taking the year to date loss to 9.5 percent, less than half of the losses in the Main and Junior markets. The PE ratio of the market closed with an average of 13.9 times 2020 earnings.
Margaritaville exchanged 4,397 units to close at 20.1 US cents, after falling 3.9 cents, Proven Investments shed half of a cent to close at 25.5 US cents, with 7,325 units changing hands. Sygnus Credit Investments transferred 13,200 units at 15 US cents and Trans Jamaican Highway ended at 1.06 US cents, with a loss of 0.01 of a cent after trading 10,004 stock units.
JSE US dollar market in modest trading
JSE US dollar market slips
The JSE US dollar market slipped in trading on Monday with five securities crossed the exchange with prices of two declining and two stocks rising as Trans Jamaica Highway continues to trade in large volumes.

The JSE US dollar market has held up reasonably well in trading recently against the background of major fall in the JSE Main Market.
At the close of trading, the volume of stocks climbed to 4,049,404 units with a value of US$90,280, in contrast to 827,966 units for US$86,577 on Friday. At the close, the market lost 0.84 points to end at 206.39, with the PE ratio of the market closing with an average of 14.2 times 2020 earnings.
In trading, First Rock Capital lost 1 cent to close at 8.1 US cents, after trading 8,900 units, Proven Investments declined by 1 cent and ended at 26 US cents after exchanging 175,138 shares. Sygnus Credit Investments swapped 19,666 units at 15 US cents and Trans Jamaican Highway, which accounted for 95 percent of the market’s volume, traded 3,845,700 and rose 0.1 of a cent to close at 1.07 US cents.
JSE US market slipped moderately
The Jamaica Stock Exchange, US dollar market Index, lost 1.47 points to close at 207.23 with five securities changing hands. At the close of trading, the PE ratio of the market was an average of 14.3 times 2020 earnings.
The market closed with three stocks rising and two declining. The volume of stocks passing through the market rose to 827,966 shares valued at US$14,632 compared to 651,114 shares valued at US$42,388 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling prices and one with a lower offer.
Market activity resulted in, accounting for 651,114 units traded with a value of US$36,182, in contrast to 486,504 units for US$42,388 on Wednesday.
In trading, First Rock Capital rose by 0.1 of a cent to end at 9.1 US cents, after 27,143 stock units crossed the exchange, Proven Investments exchanged 274,694 shares with a rise of one cent to close at 27 US cents. Sygnus Credit Investments shed 1.5 cents to end at 15 US cents, in swapping 21,500 units and Trans Jamaican Highway fell 0.07 of a cent in accounting for 60 percent of the day’s volume ended with an exchange of 500,00 shares at 1 US cent. In the preference section, JMMB Group 6% traded just 629 shares to close at US$1.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market jumps over 3%
The Jamaica Stock Exchange, US dollar market, rose by 3.2 percent with the market index climbing 6.44 points to close at 208.70, with the year to date decline being 7.7 percent. At the close of trading, the PE ratio of the market was an average of 14.5 times 2020 earnings.
Market activity resulted in five securities changing hands, accounting for 651,114 units traded with a value of US$36,182, in contrast to 486,504 units for US$42,388 on Wednesday.
In trading activity, First Rock Capital rose by 0.9 of a cent to end at 9 US cents, after 4,100 stock units crossed the exchange, Proven Investments exchanged 114,693 shares at 26 US cents, Sterling Investments rose half a cent to 2.5 US cents after trading 10,000 units. Sygnus Credit Investments climbed 4.5 cents higher to 16.5 US cents in swapping 1,000 units and Trans Jamaican Highway in accounting for 80 percent of the day’s volume ended with an exchange of 521,321 shares at 1.07 US cents.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.

The average volume and value for the month to date amount to 936,106 units valued at $3,341,554 for each security changing hands, compared to 606,651 units valued at $3,006,358 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Mayberry lost 30 cents to close at $5.70, with 193,000 shares crossing the exchange, MPC Caribbean Clean Energy dropped $5 to close at $140 after trading 957 stock units. NCB Financial Group climbed $3 to $158, with 69,263 shares changing hands, 138 Student Living fell by $1.10 to $5.90 trading 10,400 units, PanJam Investment shed 97 cents to close at $75, with an exchange of 93,034 shares. Sagicor Group lost 75 cents to end at $49.75, after swapping 120,363 stock units, Salada Foods gained 48 cents to finish at $32.70, with 4,604 units changing hands, Supreme Ventures climbed $1.33 to $15.99, with an exchange of 112,333 shares. Victoria Mutual Investments ended the day at $7.70, after gaining 35 cents and transferring 293,021 shares and Wisynco Group added 61 cents to finish at $16, in trading 560,505 shares.
Trans Jamaican Highway led trading with 10.4 million shares for 42 percent of total volume. Wigton Windfarm followed, with 8.5 million units for 34.6 percent of the day’s trade and Trans Jamaican Highway trading in the US dollar market accounted for 3.8 million units for the equivalent of 15.6 percent of the Main Market’s volume. Other stocks trading more than one million units were Sagicor Select Financial Fund, with 2.3 million shares and Wisynco Group with 1.3 million units.
First Rock Capital closed 40 cents lower at $9.60, with 50,007 shares crossing the exchange, Jamaica Broilers declined $3.52 to $29, with 48,411 shares changing hands, Jamaica Producers gained $1.04 to close at $20.15 transferring 15,332 units. Mayberry Jamaican Equities closed $1.20 higher to reach $9.10, in trading 59,464 shares, MPC Caribbean Clean Energy advanced by $5 to $145, with an exchange of 344 stock units, NCB Financial Group climbed $2.09 to $155 in swapping 37,820 shares. Sagicor Group added $1.75 to end at $50.50, with 89,434 shares changing hands, Salada Foods dropped $3.78 to finish at $32.22, after transferring 471 units, Seprod closed $1 lower to $48.50, with an exchange of 11,674 units. Stanley Motta shed 30 cents to end at $5.50 trading 22,100 units, Sterling Investments picked up 35 cents to close at $2.85, with a transfer of 145,739 shares, Sygnus Credit Investments lost $1.96 ended at $17.03, after exchanging 103,764 shares and Wisynco Group rose $1.49 to $15.39, in swapping 1,312,997 shares.
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
MPC Caribbean Clean Energy advanced $5 to $140 after exchanging 1,512 stock units, NCB Financial Group climbed to $152.91, with gains of $2.66 with 265,789 shares changing hands. PanJam Investments fell by $2 to $76 in swapping 225,872 shares, Portland JSX shed 70 cents to finish at $7.30, with an exchange of 38,667 units, Proven Investments closed at $39.70, after rising $2.20 and trading 11,126 units. Sagicor Group picked up 81 cents to end at $48.75, in transferring 73,620 shares, Sagicor Real Estate Fund closed 45 cents lower at $7.25 with 81,200 stock units crossing the exchange, Salada Foods jumped $6 to $36, after exchanging 59,400 units. Seprod closed $1.50 higher to $49.50, with a transfer of 65,614 shares and Supreme Ventures gained 40 cents to end at $14.40, with 248,813 shares changing hands.
The JSE Market Index climbed 2,911.92 points to 380,510.48 and the JSE Financial Index adding just 0.30 points to 103.93.
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Producers fell by $2.31 to $18.70 after trading 35,872 shares, Jamaica Stock Exchange shed 50 cents to close at $22.50, with an exchange of 40,317 shares. JMMB Group closed 54 cents lower to $38, in swapping 171,356 shares, NCB Financial Group declined to $150.25, with a loss of $4.74 and trading 36,785 stock units. Proven Investments added 90 cents to finish at $37.50, with 11,664 units crossing the exchange, Scotia Group climbed $1.49 to $47.99 in transferring 18,664 units, Seprod closed 50 cents higher at $48, in exchanging 25,496 shares. Stanley Motta gained 80 cents in swapping 200 units and finished at $5.80, Supreme Ventures picked up 43 cents to end at $14, with 17,488 units changing hands, Sygnus Credit Investments closed at $18.90, with gains of $1.87 trading 12,280 stock units and Wisynco Group rose 60 cents to $13.90, with a transfer of 1,360,292 shares.
At the close, the JSE All Jamaican Composite Index declined 1,819.45 points to 414,283.45, the JSE Market Index dropped 1,643.55 points to 377,598.56, but the JSE Financial Index rose 0.33 points to 103.63.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.5 times 2020/21 earnings.
PanJam Investment ended at $78, with a loss of $1 trading 63,834 units. Portland JSX gained 70 cents exchanging 2,090 units and closed at $8, Proven Investments ended at $36.60, after climbing $1.60 and transferring 14,113 stock units, Sagicor Group closed $4.40 lower to $48, in swapping 101,381 shares. Salada Foods ended the day at $30, after gaining $1 trading 200 units, Scotia Group dropped $1.49 to finish at $46.50, with 29,841 units changing hands, Seprod added 50 cents to transferring 254,512 shares and closed at $47.50. Stanley Motta shed 75 cents with an exchange of 6,000 units to end at $5, Supreme Ventures gained 57 cents and closed at $13.57, in swapping 561,955 shares, Sygnus Credit Investments ended at $17.03, with a loss of 97 cents trading 99,934 units and Wisynco Group closed $1.39 lower to $13.30 exchanging 1,657,479 shares.
At the close of trading for March and the end of the first quarter of 2020, the JSE All Jamaican Composite Index soared 15,152.90 points to 416,102.90, the JSE Market Index jumped 13,681.82 points to 379,242.11 and the JSE Financial Index gained 2.76 points to end at 103.30.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Proven Investments ended at $35, after losing 94 cents while trading 36,309 shares. Pulse Investments added 32 cents to finish at $3.45, in transferring 17,162,610 shares, Sagicor Group leaped $8.40, in exchanging 341,368 shares and closed at $52.40, Salada Foods finished at $29, advancing $4 and trading 20,327 units. Scotia Group closed $3.98 higher at $47.99, with 155,932 shares changing hands, Seprod added $4.50 to end at $47, in swapping 51,191 units, Stanley Motta gained $1.14 exchanging 16,615 units and closed at $5.75. Supreme Ventures shed 50 cents to end at $13, with 177,935 shares traded, Sygnus Credit Investments ended at $18, with gains of $1.40 transferring 154,566 shares, Victoria Mutual Investments exchanged 560,714 shares at $7, after picking up 55 cents and Wisynco Group closed $1.44 higher at $14.69 after trading 501,240 shares.