Brutal day for the JSE Main Market

The Main Market of the Jamaica Stock Exchange dropped for a second day and the fourth time in five on Thursday, with the volume of stocks, traded rising 195 percent and the value 206 percent more than on Wednesday, with 61 securities trading compared with 54 on Wednesday, with 13 rising, 35 declining and 13 ending unchanged.
The All Jamaican Composite Index dropped 4,628.88 points to 363,894.60, the JSE Main Index shed 3,811.14 points to end at 329,820.27 and the JSE Financial Index dipped 0.31 points to 74.33.
A total of 13,055,782 shares were traded for $145,021,241, up sharply from 4,421,900 units at $47,368,868 on Wednesday.
Trading averaged 214,029 shares at $2,377,397 versus 81,887 shares at $877,201 on Wednesday and month to date, an average of 196,079 units at $1,186,146 compared to 192,182 units at $927,546 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Supreme Ventures led trading with 3.98 million shares for 30.5 percent of total volume followed by Wigton Windfarm with 3.55 million units for 27.2 percent of the day’s trade and Transjamaican Highway with 2.72 million units for 20.8 percent of the day’s trade with the price hitting a record closing high of $2.09, with the stock rising more than 47 percent for the year to date, and have more room to rise.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.2 for the Main Market.The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell 95 cents to $75 with 31,858 shares clearing the market, Eppley dropped 98 cents in closing at $35.92 while 54 stocks were traded , Eppley Caribbean Property Fund increased $4.17 to $42.69 after 122 stock units crossed the market. First Rock Real Estate lost 62 cents to close at $10.15 as investors exchanged 19,090 units, Guardian Holdings shed $21 and ended at 52 weeks’ low of $450 in switching ownership of 6,612 shares, Jamaica Broilers dipped $1.99 to close at $33.01 with investors transferring 144,377 stock units. Jamaica Producers declined 60 cents in closing at $19.30, with 4,826 units changing hands, Jamaica Stock Exchange fell 39 cents and ended at $13 with shareholders exchanging 12,555 stocks, JMMB Group declined 90 cents to $29 after 55,520 shares crossed the market. Kingston Wharves rose 88 cents to end at $30 as 1,595 units passed through the exchange, Margaritaville shed 32 cents to end at $17.99 and closed with an exchange of 248 stock units, Massy Holdings lost $2 in closing at $100 after an exchange of 5,940 stocks. Mayberry Investments dipped 50 cents in closing at $8.50 after 55,529 stock units were traded, Mayberry Jamaican Equities dipped 36 cents and ended at $10.50, with 12,090 stocks changing hands, MPC Caribbean Clean Energy advanced 50 cents to close at $70.50 with shareholders swapping 60 shares. NCB Financial fell 50 cents to end at $69 with an exchange of 206,811 units, 138 Student Living shed 34 cents in ending at $5.16 after a transfer of 556 units, Pan Jamaica gained $1.94 in closing at $52 in an exchange of 1,070 stocks. Proven Investments dipped 69 cents to $25.31 in trading 1,644 stock units, Sagicor Group popped 49 cents to close at $49 in an exchange of 15,228 shares, Scotia Group declined 32 cents in closing at $34.18 with a transfer of 41,311 stocks. Seprod dropped $1.37 to end at $68.63, with 16,107 stock units crossing the market, Supreme Ventures lost 70 cents to close at $25.99 after it traded at a 52 weeks’ intraday low of $20 and exchanged 3,984,502 units, Sygnus Real Estate Finance shed $2 ended at $11, with 40 shares changing hands.
In the preference segmentEppley 5% preference share fell $3 to close at a 52 weeks’ low of $17 with a transfer of 58 shares, Eppley 7.50% preference share declined $1.28 to close at $6.20 after a transfer of 315 stocks. Jamaica Public Service 7% dipped $14.77 in closing at $63.83 in an exchange of 1,535 units and 138 Student Living preference share dropped $13.99 and ended at $74 after 41 stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market rises

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 64 percent but valued 13 percent more than on Wednesday, resulting in 10 securities traded, compared to eight on Wednesday with three rising, two declining and five ending unchanged.
A total of 269,277 shares were traded for US$11,912 compared with 757,348 units at US$10,500 on Wednesday.
Trading averaged 26,928 units at US$1,191 compared with 94,669 shares at US$1,312 on Wednesday, with a month to date average of 31,656 shares at US$1,273 compared with 32,970 units at US$1,296 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index rose 10.29 points to end at 238.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close, First Rock Real Estate USD share remained at 5 US cents after 190,635 shares were traded, MPC Caribbean Clean Energy ended at 55 US cents with shareholders swapping 2 stocks, Productive Business Solutions declined 6.3 cents in closing at US$1.837 in an exchange of 40 units. Proven Investments increased 0.01 of a cent and ended at 17 US cents with investors transferring 5,000 stock units, Sterling Investments popped 0.03 of a cent to close at 1.68 US cents after an exchange of 28,000 stocks, Sygnus Credit Investments remained at 11 US cents in switching ownership of 1,823 units. Sygnus Real Estate Finance USD share climbed 0.12 of a cent to close at 11.12 US cents with 1,550 shares clearing the market and Transjamaican Highway ended at 1.34 US cents with 42,181 shares changing hands.
In the preference segmentEppley 6% preference share remained at US$1.40 after a transfer of one stock and JMMB Group 6% dipped 1 cent in closing at US$1.19 after an exchange of 45 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks dominate JSE Main Market

Stocks mostly fell on the Jamaica Stock Exchange Main Market ended on Wednesday, following a decline in the volume of stocks traded by 38 percent but with a 17 percent rise in the value compared to trading on Tuesday. Trading occurred in 54 securities down from 57 on Tuesday, with five rising, 23 declining and 26 left unchanged.
A mere 4,421,900 shares were traded for $47,368,868 versus 7,123,490 units at $40,413,642 on Tuesday.
Trading averaged 81,887 shares at $877,201 compared to 124,974 shares at $709,011 on Tuesday and month to date, an average of 192,182 units at $927,546 compared with 218,420 units at $939,523 on the previous day. Trading in May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 1.21 million shares for 27.3 percent of total volume followed by Transjamaican Highway with 737,468 units for 16.7 percent of the day’s trade and Key Insurance with 508,355 units for 11.5 percent market share. The All Jamaican Composite Index dipped 2,652.86 points to end trading at 368,523.48, the JSE Main Index shed 2,552.97 points to close at 333,631.41 and the JSE Financial Index dropped 0.41 points to 74.64.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement dropped $4.64 and ended at $51.14 with a transfer of 91,386 shares, Caribbean Producers lost 30 cents in closing at $9.70, with 34,881 units crossing the exchange, Eppley Caribbean Property Fund fell $1.50 to end at $38.52 with shareholders swapping 270 stock units. First Rock Real Estate gained 76 cents to close at $10.77 after 1,100 shares were traded. GraceKennedy shed 90 cents in closing at $78, with 15,828 stocks changing hands, Guardian Holdings fell $4 to $471 in switching ownership of 20 shares. JMMB Group increased 40 cents to close at $29.90, with 11,388 units crossing the market, Kingston Wharves dropped 88 cents and ended at $29.12 in an exchange of 6,121 stock units, Mayberry Jamaican Equities dipped 34 cents to $10.86 with 62 units clearing the market. NCB Financial declined 50 cents in closing at $69.50 after 217,592 stock units were traded, Pan Jamaica Group lost $1.94 to close at $50.06 with an exchange of 2,889 shares, Sagicor Group shed $1.49 and ended at $48.51 while exchanging 58,698 stocks and Seprod fell $3.50 to end at $70 after exchanging 20,755 units.
In the preference segmentJamaica Public Service 7% preference share rallied $11.88 in closing at $78.60 with investors transferring 238 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on JSE USD Market

Add your HTML code here...

Trading picked up on the Jamaica Stock Exchange US dollar market on Wednesday, with a 2,798 percent surge in the volume of stocks changing hands valued 184 percent more than on Tuesday and resulting in trading in eight securities, compared to 10 on Tuesday with four rising, three declining and one ending unchanged.
A total of 757,348 shares were traded and valued at US$10,500 compared to 26,137 units at US$3,700 on Tuesday.
Trading averaged 94,669 shares at US$1,312, up from 2,614 stock units at US$370 on Tuesday, with a month to date average of 32,970 shares at US$1,296 compared with 15,341 units at US$1,291 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index dipped 11.81 points to close at 229.59.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share ended at 5 US cents after a transfer of 46,900 shares, Margaritaville declined 0.01 of a cent to close at 11.47 US cents in an exchange of 34 stock units, Productive Business Solutions popped 4 cents in closing at US$1.90 as investors exchanged 3 stocks, Proven Investments rose 0.49 of one cent to 16.99 US cents, with 2,380 units crossing the market, Sterling Investments dropped 0.03 of a cent to 1.65 US cents with shareholders swapping one stock unit, Sygnus Credit Investments dipped 0.03 of a cent to end at 11 US cents after an exchange of 4,554 stocks and Transjamaican Highway gained 0.09 of one cent in closing at 1.34 US cents after investors exchanged 703,466 units.
In the preference segmentProductive Business 9.25% preference share advanced US$1 and ended at US$13.50 with investors transferring 10 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market rises on light trading

Trading activity on the Jamaica Stock Exchange Main Market remained light on Tuesday, with the volume of stocks traded declining 25 percent and the value just 5 percent more than on Monday after 57 securities were traded compared to 58 on Monday, with 19 rising, 19 declining and 19  unchanged.
A total of 7,123,490 shares were traded for $40,413,642 compared to 9,529,184 units at $38,472,860 on Monday.
Trading averaged 124,974 shares at $709,011 versus 164,296 stocks at $663,325 on Monday and month to date, an average of 218,420 units at $939,523 compared to 249,752 units at $1,016,812 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 2.66 million shares for 37.4 percent of the volume  Transjamaican Highway followed with 1.64 million units for 23 percent of the day’s trade and Sagicor Select Financial Fund with 1.12 million units for 15.8 percent of the day’s trade.
The All Jamaican Composite Index climbed 1,720.36 points to finish at 371,176.34, the JSE Main Index climbed 866.00 points to 336,184.38 and the JSE Financial Index slipped 0.14 points to 75.05.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rallied 95 cents and ended to $75.95 after 22,774 shares crossed the market, Caribbean Cement advanced $3.78 to close at $55.78 with 1,666 stock units clearing the market, Eppley Caribbean Property Fund lost 38 cents in closing at $40.02 with investors trading 327 stocks, Guardian Holdings shed $5 to end at $475 in an exchange of 13,932 units, Jamaica Stock Exchange dipped 32 cents to $13.40 after a transfer of 9,000 shares, JMMB Group fell 50 cents to end at $29.50, with 114,308 units changing hands, Key Insurance declined 38 cents and ended at $3, with 76,127 stocks crossing the exchange, Kingston Wharves dipped 50 cents to $30 with a transfer of 4,307 stocks, Mayberry Investments gained 50 cents to close at $9 with an exchange of 70,360 shares, MPC Caribbean Clean Energy fell $1 in closing at $70 with investors trading 12 stock units, Pan Jamaica Group rallied $1.95 to close at $52 after an exchange of 334 units, Portland JSX lost $1.25 to end at $9.75 as 27 stocks passed through the market, Sagicor Group rose 50 cents in closing at $50 and closed with an exchange of 6,084 shares, Scotia Group popped 40 cents to $34.50 while 7,196 units were traded, Seprod rose $4.96 and ended at $73.50 in switching ownership of 11,076 stock units and Sygnus Real Estate Finance dipped $1.98 to $13 in trading 20 stocks.
In the preference segmentJMMB Group 7.15% due 2028, popped 31 cents and ended at $2.99 in an exchange of 300 stocks and JMMB Group 7.25% preference share shed 54 cents to end at $3.07 as investors exchanged 8,153 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slim trading in JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with an 82 percent fall in the volume of stocks changing hands after a minute decline in value compared with trading on Monday, resulting in 10 securities traded, compared to eight on Monday with three rising, two declining and five ending unchanged.
Overall, 26,137 shares were traded for US$3,700 compared to 144,256 units at US$3,922 on Monday.
Trading averaged 2,614 shares at US$370 down from 18,032 units at US$490 on Monday, with the month to date averaging 15,341 shares at US$1,303 compared with 22,412 units at US$1,821 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index popped 7.14 points to 241.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and three with lower offers.
In trading, First Rock Real Estate USD share ended at 5 US cents after 15,226 shares were traded, Productive Business Solutions popped 1 cent in closing at US$1.86 while exchanging 10 stocks, Proven Investments dipped 0.5 of a cent to close at 16.5 US cents with investors trading 300 units, Investors exchanged 9,594 shares of Sterling Investments at 1.68 US cents. Sygnus Credit Investments popped 1.03 cents to 11.03 US cents in swapping 330 stocks, Sygnus Real Estate Finance USD share closed at 11 US cents with an exchange of 107 units and Transjamaican Highway rallied 0.05 of a cent to close at 1.25 US cents in an exchange of 364 stock units.
In the preference segmentProductive Business 9.25% preference share shed 65 cents in closing at US$12.50 after 200 shares were traded, Eppley 6% preference share ended at US$1.40 after a transfer of 1 share and JMMB Group 5.75% ended at US$1.90 in an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp drop in JSE Main Market trading

The volume of stocks traded declined 60 percent with 53 percent lower value than on Friday, with trading taking place in 58 securities the same number as on Friday, with 18 rising, 26 declining and 14 ending unchanged in trading activity on the Jamaica Stock Exchange Main Market on Monday.
A total of 9,529,184 shares were traded for $38,472,860 compared with 24,040,809 units at $81,535,879 on Friday.
Trading averaged 164,296 shares at $663,325 versus 414,497 stocks at $1,405,791 on Friday and month to date, an average of 249,752 units at $1,016,812 compared with 294,006 units at $1,199,867 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 3.84 million shares for 40.3 percent of the total volume, Transjamaican Highway followed with 2.58 million units for 27 percent of the day’s trade and Radio Jamaica with 622,238 units for 6.5 percent market share.
The All Jamaican Composite Index dropped 1,262.06 points to close trading at 369,455.98, the JSE Main Index lost 279.16 points to settle at 335,318.38 and the JSE Financial Index lost 0.06 points and concluded trading at 75.19.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints popped 60 cents in closing at $8.11 after an exchange of 1,059 shares, Caribbean Cement fell $3.85 to $52 after investors traded 22,874 stocks, Eppley Caribbean Property Fund dipped $2.60 to end at $40.40 with 184 stock units changing hands. Guardian Holdings dropped $2 to close at $480 in an exchange of 1,450 units, Jamaica Broilers declined 94 cents to $35, with 63,678 stocks crossing the market, Jamaica Stock Exchange increased 72 cents to $13.72 after 11,001 shares crossed the exchange. Key Insurance rallied 58 cents to close at $3.38 with shareholders swapping 100 stock units, Massy Holdings climbed $2 to end at $102, with 557 units clearing the market, MPC Caribbean Clean Energy rallied  $1 to $71 in an exchange of 84 stocks. NCB Financial rose $1.15 to $69.75 with 40,595 stock units changing hands, 138 Student Living rallied 33 cents to $5.48 as investors traded 1,033 units, Pan Jamaica Group lost $4.04 in closing at $50.05 after 2,252 shares were traded, Sagicor Group shed $1 to end $49.50, with 16,683 stocks changing hands. Scotia Group dropped 65 cents to end at $34.10, with 36,625 stock units crossing the market, Seprod shed $1.46 to close at $68.54 with a transfer of 22,768 units, Supreme Ventures declined 30 cents to $26.50 as 111,196 shares passed through the market and Wisynco Group lost 39 cents and ended at $18.50 in switching ownership of 6,227 shares.
In the preference segmentJamaica Public Service 7%  fell $11.78 to close at $66.72 with investors transferring 191 stock units and JMMB Group 7.15% due 2028, dipped 32 cents in closing at $2.68 after an exchange of 20,041 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading slips on the JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 29 percent but with an 85 percent drop in value compared with that on Friday and resulted in eight securities trading, compared to seven on Friday with three rising, one declining and four ending unchanged.
A total of 144,256 shares were traded for US$3,922 compared with 112,013 units at US$25,887 on Friday.
Trading averaged 18,032 shares at US$490 compared with 16,002 units at US$3,698 on Friday, with a month to date average of 22,412 shares at US$1,821 compared to 25,916 units at US$2,885 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index slipped 3.84 points to end at 234.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two 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 remained at 5 US cents as 3,324 shares passed through the market, Productive Business Solutions climbed 0.50 of one cent to US$1.85 in an exchange of 49 stocks, Proven Investments advanced 0.9 of a cent and ended at 17 US cents in exchanging 9,000 stocks, Sygnus Credit Investments ended at 10 US cents in switching ownership of 1,749 units and Transjamaican Highway dipped 0.2 of a cent in closing at 1.2 US cents with 130,011 shares crossing the market.
In the preference segmentProductive Business 9.25% preference share rallied 65 cents to end at US$13.15, with 15 stock units crossing the market, Eppley 6%  preference share remained at US$1.40, with 4 units changing hands and JMMB Group 5.75% ended at US$1.90 in an exchange of 104 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining stocks dominate JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Friday with a 170 percent jump in the volume of stocks traded valued 54 percent more than on Thursday, following trading occurring in 58 securities compared to 54 on Thursday, with 13 rising, 27 declining and 18 ending unchanged.
A total of 24,040,809 shares changed hands amounting to $81,535,879 up from 8,887,886 units at $52,849,273 on Thursday.
Trading averaged 414,497 shares at $1,405,791 up from 164,590 shares at $978,690 on Thursday. Trading month to date, averaged 294,006 units at $1,199,867 compared to May with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 16.84 million shares for 70.1 percent of total volume followed by Wigton Windfarm with 4.06 million units for 16.9 percent of the day’s trade and Sagicor Select Financial Fund with 812,016 units for 3.4 percent market share.
The All Jamaican Composite Index lost 2,090.32 points to end at 370,718.04, the JSE Main Index dropped 2,685.82 points to 335,597.54 and the JSE Financial Index slipped 0.94 points to close at 75.25.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments declined $1.20 to close at $75, with an exchange of at 11,174 shares, Caribbean Cement gained $1.85 to close at $55.85, with investors trading 868 stock units, Eppley Caribbean Property Fund increased $2.60 in closing at $43 after a transfer of 267 units, Guardian Holdings dropped $3 and ended at $482, with 2,277 stocks crossing the market, Jamaica Producers shed 49 cents to end at $20 after 17,454 units passed through the market, Jamaica Stock Exchange rallied 95 cents in closing at $13 in trading 228 stock units, JMMB Group advanced $1.24 to close at $29.99 in an exchange of 4,998 stocks, Key Insurance dipped 49 cents to $2.80, with 24,924 shares changing hands, Massy Holdings lost $4.50 to end at $100 after an exchange of 105,204 stock units, MPC Caribbean Clean Energy fell $1 to $70 in switching ownership of 6 shares, NCB Financial lost $1.39 in closing at $68.60 with shareholders swapping 124,916 units, 138 Student Living dipped 36 cents to close at $5.15 after an exchange of 4,229 stocks, Pan Jamaica Group declined $2.90 ended at $54.09 while 12,829 units were exchanged, Portland JSX shed 54 cents to close at $11 with a transfer of 1,603 shares, Sagicor Group climbed $2.25 to end at $50.50 with an exchange of 8,854 stock units and Stanley Motta popped 30 cents to $5.40, with 15,163 stocks crossing the market.
In the preference segmentProductive Business 10.50% preference share rose $25 to $1250 as investors exchanged 300 stocks, JMMB Group 7.25% preference share fell 64 cents to close at $3.61 in an exchange of 12,880 stock units and 138 Student Living preference share dropped $1.25 to end at $88 with 83 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Increased funding for the JSEUSD market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 24 percent but with the value surging 878 percent over Thursday, resulting in trading in seven securities, compared to three on Thursday with two rising, two declining and three ending unchanged.
A total of 112,013 shares were traded for US$25,887 compared with 147,149 units at US$2,647 on Thursday.
Trading averaged 16,002 units at US$3,698 compared t0 49,050 shares at US$882on Thursday, with a month to date average of 25,916 shares at US$2,853 compared to May with an average of 43,350 units for US$2,759.
The US Denominated Equities Index lost 0.40 points to settle at 238.16.
The PE Ratio, a measure used to compute stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, Productive Business Solutions dipped 5.5 cents to US$1.845, with 5 shares crossing the exchange, Proven Investments rose 0.1 of a cent to finish trading at 16.1 US cents after 29,361 stock units were traded, Sterling Investments ended at 1.68 US cents after 13,500 stocks changed hands, Sygnus Credit Investments fell 1.03 cents to end at 10 US cents with 2,208 units being traded and Transjamaican Highway climbed 0.2 of a cents to close at 1.4 US cents while exchanging 65,367 shares.
In the preference segmentProductive Business 9.25% preference share ended at US$12.50 with shareholders swapping 1,570 stock units and JMMB Group 5.75% ended at US$1.90 with an exchange of 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.