Slippage for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 581 percent rise in the volume of stocks changing hands valued 67 percent more than on Wednesday and resulting in trading of six securities, compared to seven on Wednesday with three rising, one declining and two ending unchanged.
Overall, 866,262 shares were traded for US$20,932 compared with 127,251 units at US$12,519 on Wednesday.
Trading averaged 144,377 units at US$3,489, compared with 18,179 shares at US$1,788 on Wednesday, with a month to date average of 55,430 shares at US$1,607 compared to 44,965 units at US$1,386 on the previous day and September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 5.30 points to close at 240.17.
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 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 three 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 increased 0.67 of one cent to end at 4.87 US cents with a transfer of 80 shares, MPC Caribbean Clean Energy ended at 54 US cents with an exchange of 1,264 stock units, Sterling Investments dipped 0.06 of a cent to close at 1.69 US cents with stakeholders exchanging 294 stocks. Sygnus Credit Investments rose 0.19 of a cent and ended at 9 US cents as investors exchanged 119 units and Transjamaican Highway remained at 1.72 US cents with 858,720 stock units clearing the market.
In the preference segment, JMMB Group 6% gained 7.4 cents to end at US$1.076 with investors transferring 5,785 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market gained on Thursday

The Jamaica Stock Exchange Main Market rallied on Thursday, following the trading of 53 securities compared with 56 on Wednesday and ended with prices of 19 rising, 22 declining and 12 ending unchanged as b gains in MPC Caribbean Energy, Kingston Wharves, GraceKennedy Caribbean Produces and JMMB Group overpowered those declining on a day when the volume of stocks traded declined by 47 percent, with a 51 percent lower value than on Wednesday.
A total of 29,125,035 shares were traded for $83,569,212 compared with 55,453,072 units at $170,749,021 on Wednesday.
Trading averaged 549,529 shares at $1,576,778 versus 990,233 shares at $3,049,090 on Wednesday and month to date, an average of 313,356 units at $1,738,466 compared to 285,100 units at $1,757,810 on the previous day and September ending with an average of 218,512 units at $1,768,691.
JMMB Group 7.25% preference share due 2024 led trading with 20.02 million shares for 68.7 percent of total volume followed by Wigton Windfarm with 4.62 million units for 15.9 percent of the day’s trade and Transjamaican Highway with 1.14 million units for 3.9 percent of the day’s trade.
The All Jamaican Composite Index climbed 2,102.23 points to 346,114.55, the JSE Main Index increased 2,691.19 points to 314,672.35 and the JSE Financial Index skidded 0.04 points to 68.35.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are 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 eight stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments gained 49 cents and ended at $72.98 after an exchange of 78,348 shares, Caribbean Cement lost 60 cents in closing at $49.40 after a transfer of 2,052 stock units, Caribbean Producers increased $1.20 to end at $10.44 and closed with an exchange of 6,210 stocks, Eppley Caribbean Property Fund declined $3 to close at $36.50 with investors transferring 500 units. GraceKennedy rose $1.99 to $72.50 with 2,685 shares crossing the market, Jamaica Broilers rallied 96 cents to end at $33.96 as 9,738 stock units passed through the market, JMMB Group climbed $1.18 to $28.48 with traders dealing in 15,836 stocks, Kingston Wharves rose $3.78 in closing at $30.89 with stakeholders exchanging 3,149 units. Massy Holdings popped $2.89 to close at $99.99 in an exchange of 601 stocks, MPC Caribbean Clean Energy increased $11 and ended at $81 while exchanging 1,264 units, NCB Financial dipped 59 cents to close at $64.39 with 83,779 shares clearing the market. Sagicor Group dropped 99 cents to end at a 52 weeks’ low of $42 with shareholders swapping 220,189 stock units, Seprod skidded 50 cents to end at $69 with investors dealing in 98,134 units, Supreme Ventures rallied 54 cents to $26.94 in switching ownership of 98,573 stocks and Wisynco Group rose 95 cents in closing at $19 in trading 10,399 stock units.
In the preference segment, Jamaica Public Service 9.5% shed $95 to close at $2,900, with 15 shares crossing the market and 138 Student Living preference share advanced $8.70 and ended at $95.71 with an exchange of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks tumble on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 568 percent valued 52 percent more than on Tuesday, with 56 securities trading compared with 57 on Tuesday, with 14 rising, 26 declining and 16 ending unchanged.
A total of 55,453,072 shares were traded for $170,749,021 compared with 8,304,936 units at $112,080,292 on Tuesday.
Trading averaged 990,233 shares at $3,049,090 up from 145,701 shares at $1,966,321 on Tuesday and month to date, an average of 285,100 units at $1,757,810, compared to 183,065 units at $1,570,958 on the previous day. September closed with an average of 218,512 units at $1,768,691.
JMMB Group 7.25% preference share due 2024 led trading with 50 million shares for 90.2 percent of total volume followed by Transjamaican Highway with 1.78 million units for 3.2 percent of the day’s trade and Wigton Windfarm with 671,843 units for 1.2 percent market share.
The All Jamaican Composite Index lost 3,204.87 points to finish at 344,012.32, the JSE Main Index declined 2,768.86 points to settle at 311,981.16 and the JSE Financial Index fell 0.62 points to conclude trading at 68.39.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are 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 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dipped 45 cents to close at $6.99 with an exchange of 14,778 shares, Caribbean Cement declined $1.50 in closing at $50 after a transfer of 9,223 stock units, Eppley increased 67 cents and ended at $33 in switching ownership of 1,585 stocks, Eppley Caribbean Property Fund jumped $8 to $39.50, with 2,977 units crossing the exchange, GraceKennedy dropped $4.34 to end at $70.51 after trading of 519,056 stocks, Jamaica Broilers shed 99 cents to close at $33, with 8,289 units crossing the market, Jamaica Stock Exchange gained 36 cents and ended at $9.86 with investors transferring 59,858 stock units, JMMB Group fell $1.18 to close at $27.30 after 71,949 shares crossed the market, Mayberry Investments popped 34 cents to end at $7.34 as investors exchanged 21,264 stock units, Proven Investments skidded 54 cents in closing at $21.26 with a transfer of 11,253 stocks, Sagicor Group rose 89 cents in closing at $42.99 in an exchange of 8,554 shares, Scotia Group advanced 80 cents to end at $33.75 after 19,851 units changed hands and Wisynco Group lost $2.65 and ended at $18.05 after 84,786 stocks passed through the market.
In the preference segment, Eppley 7.25% preference share dropped $1.25 to $18.70 with investors dealing in 2,000 shares, Eppley 7.50% preference share rallied 41 cents to close at $6 with 26,945 stock units changing hands, Jamaica Public Service 7% fell $2 to end at $48 in trading 414 units, Jamaica Public Service 9.5% skidded $105 to $2995 with stakeholders exchanging 31 stocks and JMMB Group 7% preference share popped 41 cents and ended at $2.28 with the swapping of 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Pension fund buys push Wisynco to one year high

Usually, reliable reports indicate that pension funds bought into Wisynco stock on Tuesday, helping to drive the price up to a 52 weeks’ high of $20.70, with above average volume on a day when trading activity on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded declining 5 percent and the value jumping 118 percent over Monday.
Following the rise in the price of Wisynco, Seprod jumped $4.05 and GraceKennedy by $2.85 but they failed to prevent the market from declining as declines of $11 in MPC Caribbean Energy, $2.57 drop in Eppley, $2.40 in Sagicor Group, $1.43 for Barita, $1.16 in Massy Holdings and 90 cents in NCB Financial weighted down the market.
Similar to Monday, trading took place in 57 securities, with prices of 21 rising, 20 declining and 16 ending unchanged.
Trading activity ended with an exchange of 8,304,936 shares for $112,080,292 compared with 8,771,432 units at $51,325,289 on Monday.
Trading averaged 145,701 shares at $1,966,321 versus 153,885 shares at $900,444 on Monday and month to date, an average of 183,065 units at $1,570,958, compared with 189,519 units at $1,502,668 on the previous day and September with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 2.97 million shares for 35.8 percent of total volume followed by Wisynco Group with 2.16 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 953,613 units for 11.5 percent of market share.
The All Jamaican Composite Index dropped 1,099.83 points to 347,217.19, the JSE Main Index declined 1,262.05 points to finish at 314,750.02 and the JSE Financial Index skidded 0.84 points to end at 69.01.
The Main Market ended trading with an average PE Ratio of 11.9. The JSE Main and USD Market PE ratios are 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 declined $1.43 to close at $72.49 in an exchange of 67,529 shares, Caribbean Cement advanced 80 cents to $51.50 after trading 504,129 stock units, Caribbean Producers skidded 39 cents in closing at $9.31 with a transfer of 4,631 units, Eppley fell $2.57 to end at $32.33 with investors dealing in 766 stocks. Eppley Caribbean Property Fund rallied $1.50 and ended at $31.50 after an exchange of 1,256 stock units, First Rock Real Estate lost 40 cents to close at $8 with an exchange of 5,712 stocks, GraceKennedy climbed $2.85 in closing at $74.85 in trading 5,933 shares, Jamaica Producers popped 95 cents and ended at $19.95, with 31,485 units crossing the market. JMMB Group ralled 48 cents to $28.48 in an exchange of 13,788 units, Kingston Properties increased 33 cents to $7.44 with 910 stock units clearing the market, Massy Holdings shed $1.16 to $97.10, with 44,764 shares changing hands, MPC Caribbean Clean Energy dipped $11 and ended at $70 while exchanging 1,764 stocks. NCB Financial dropped 90 cents to close at $65 after 37,789 shares crossed the market, Pan Jamaica rose 96 cents to end at $50.46 with stakeholders exchanging 488 stock units, Proven Investments rose 55 cents in closing at $21.80 after investors traded 6,562 stocks, Sagicor Group fell $2.40 to a 52 weeks’ low of $42.10 and closed with 293,465 units changing hands. Seprod advanced $4.05 in closing at $69.30 after a transfer of 127 units, Supreme Ventures increased 40 cents to close at $26.40 with investors trading 11,352 stocks and Wisynco Group gained $2.68 and ended at a 52 weeks’ high of $20.70 as investors exchanged 2,156,605 stock units.
In the preference segment, Eppley 7.50% preference share shed 41 cents to end at $5.59 with traders dealing in 12,060 shares, Jamaica Public Service 7% climbed $10 to close at $50 in switching ownership of 232 stocks, JMMB Group 7% preference share dipped 42 cents to end at $1.87 passed through the market 5,222 stock units and 138 Student Living preference share rallied $2.01 and ended at $87.01 crossing the market 62 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD trading slips on Tuesday

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 78 percent valued 63 percent lower than on Monday, resulting in trading of five securities, compared to six on Monday with one rising, four declining.
Trading concluded with an exchange of 129,260 shares at US$4,240 down from 576,968 units at US$11,519 on Monday.
Trading averaged 25,852 units for US$848, down from 96,161 shares at US$1,920 on Monday, with a month to date average of 49,227 shares at US$1,322 compared to 52,224 units at US$1,382 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 0.85 points to finish at 243.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 between November 2023 and 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 close of trading, Margaritaville climbed 2.84 cents to 12.35 US cents with investors trading just one share, Sterling Investments dropped 0.04 of a cent to 1.79 US cents with 578 units clearing the market, Sygnus Credit Investments lost 0.14 of a cent in closing at 8.81 US cents with investors trading 12,478 units and Transjamaican Highway dipped 0.01 of a cent and ended at 1.7 US cents in switching ownership of 116,103 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share shed 50 cents to close at US$11.50 after 100 stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on the JSE USD Market

Trading picked up on the Jamaica Stock Exchange US dollar market ended on Monday, with a 296 percent jump in the volume of stocks changing hands valued 183 percent more than on Friday, resulting from trading in six securities, compared to just three on Friday and ended with prices of two rising, four declining.
A total of 576,968 shares were exchanged for US$11,519, up from  145,630 units at US$4,064 on Friday.
Trading ended with an average of 96,161 shares at US$1,920 up from 48,543 shares at US$1,355 on Friday. Trading for the month to date averages 52,224 stocks at US$1,382 compared to 44,235 units at US$1,284 on the previous trading day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 4.09 points to end at 243.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 between November 2023 and 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, First Rock Real Estate USD share dipped 0.2 of a cent in closing at 4.2 US cents with stakeholders exchanging 3,100 shares, Proven Investments shed 0.59 of one cent to end at 14.1 US cents, with 2,377 stocks traded, Sterling Investments rallied 0.03 of a cent and ended at 1.83 US cents with 1,033 stock units crossing the market. Sygnus Credit Investments declined 0.05 of a cent to 8.95 US cents, with investors trading 15,080 units, Sygnus Real Estate Finance USD sharepopped 0.4 of a cent to close at 9.9 US cents after investor traded 1,000 stocks and Transjamaican Highway dropped 0.05 of a cent to 1.71 US cents after 554,378 shares crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising Main Market stocks edged out decliners

Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 27 percent and the value 50 percent lower than on Friday, with 57 securities trading compared with 52 on Friday, with 23 rising, 21 declining and 13 ending unchanged.
A total of 8,771,432 shares were traded for $51,325,289 compared with 6,892,036 units at $103,552,949 on Friday.
Trading averaged 153,885 shares at $900,444 versus 132,539 shares at $1,991,403 on Friday and month to date, an average of 189,519 units at $1,502,668, compared with 196,959 units at $1,628,407 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 5.92 million shares for 67.5 percent of total volume followed by Wigton Windfarm with 975,333 units for 11.1 percent of the day’s trade and Sagicor Select Financial Fund with 256,166 units for 2.9 percent market share.
The All Jamaican Composite Index rose 1,758.93 points to finish at 348,317.02, the JSE Main Index rallied 1,026.11 points to finish at 316,012.07 and the JSE Financial Index gained 0.49 points to close at 69.85.
The Main Market ended trading with an average PE Ratio of 11.8. The JSE Main and USD Market PE ratios are 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 one with a lower offer.
At the close, Caribbean Cement dropped 86 cents in closing at $50.70 after 1,285 shares were traded, Caribbean Producers lost 54 cents to end at $9.70 with traders dealing in 8,693 stocks, Eppley Caribbean Property Fund declined $9 to a 52 weeks’ low of $30 with 25,521 stock units clearing the market. Jamaica Producers increased 50 cents to close at $19 in switching ownership of 12,705 units, Jamaica Stock Exchange dipped 45 cents and ended at $9.50 in trading 1,039 stock units, Kingston Wharves fell $2.64 to $27.11 after an exchange of 20,221 shares. NCB Financial advanced $3.38 in closing at $65.90 with 44,202 units changing hands, Pan Jamaica shed 96 cents to end at $49.50 with investors transferring 6,983 stocks, Proven Investments skidded 73 cents to close at $21.25 after an exchange of 34,647 units. Scotia Group gained $1 and ended at $33 while trading 126,271 stocks, Stanley Motta popped 84 cents to $6.07 as investors exchanged 3,000 shares. Supreme Ventures rose 45 cents in closing at $26 in an exchange of 112,905 stock units and Sygnus Real Estate Finance declined 44 cents and ended at $9.56 with shareholders swapping 979 units.
In the preference segment, Eppley 7.25% preference share rallied $1.30 to close at $19.95 as 100 shares passed through the market, Eppley 7.50% preference share climbed 40 cents to end at $6 after a transfer of 192 stocks, Jamaica Public Service 7% skidded $12 and ended at $40 with 246 stock units crossing the market and Productive Business Solutions 10.5 % preference share fell $169 to $1,046 after 25 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market fall

The Jamaica Stock Exchange Main Market closed lower on Friday, with the volume of stocks traded declining 6 percent, but with a value 77 percent more than on Thursday, following activity in 52 securities compared with 58 on Thursday and ended with prices of 19 rising, 24 declining and nine ending unchanged.
A total of 6,892,036 shares were traded for $103,552,949 compared with 7,238,507 units at $54,207,250 on Thursday.
Trading averaged 132,539 shares at $1,991,403 versus 124,802 shares at $934,608 on Thursday and month to date, an average of 196,959 units at $1,628,407 compared with 212,117 units at $1,542,996 and September with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 2.65 million shares for 39 percent of total volume followed by Jamaica Broilers with 1.73 million units for 25.5 percent of the day’s trade and Wigton Windfarm with 746,160 units for 11 percent market share.
The All Jamaican Composite Index dropped 613.07 points to end at 346,558.09, the JSE Main Index dropped 1,281.78 points to settle at 314,985.96 and the JSE Financial Index rallied 0.17 points to 69.36.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are 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 six with lower offers.
At the close, Barita Investments dropped 99 cents and ended at $74 with traders dealing in 10,706 shares, Caribbean Cement fell $1.24 to $51.56 while exchanging 52,867 stock units, General Accident climbed 87 cents in closing at $5.87 after an exchange of a mere 268 stocks, GraceKennedy dipped $3.49 to end at $72.01 with shareholders swapping 160,606 units. Jamaica Broilers popped $1.50 to close at $34 in an exchange of 1,729,298 stocks, Jamaica Stock Exchange increased 55 cents in closing at $9.95 after 32,907 shares passed through the market, JMMB Group shed 49 cents and ended at $28 as investors exchanged 9,328 stock units, Kingston Properties rose 45 cents to end at $7.10 after trading 1,731 units. Kingston Wharves declined $1.55 to $29.75 after exchanging 5,377 shares, Massy Holdings skidded $2 to close at $98 in switching ownership of 58,267 units, Mayberry Investments fell 39 cents to close at $7.04 with 147 stocks clearing the market, NCB Financial rallied $1.45 and ended at $62.52, with 9,987 stock units crossing the market. Sagicor Group skidded 50 cents to $44.50 with 20,674 stock units changing hands, Scotia Group declined $1.84 in closing at $32 in an exchange of 114,599 shares, Seprod dipped $7.94 to end at $65.51 with an exchange of 8,224 units, Supreme Ventures lost 44 cents in closing at $25.55 with investors dealing in 29,929 stocks and Wisynco Group advanced 39 cents to close at $18 closed after 102,755 stock units were traded.
In the preference segment, Eppley 7.50% preference share fell 40 cents to end at $5.60 with a transfer of 56 units, Jamaica Public Service 7% gained $4.68 to close at $52 in trading 36 shares, 138 Student Living preference share dropped $28.85 and ended at $85, with 50 stocks crossing the market and Productive Business Solutions 9.75% preference share climbed $2 and ended at $100 with stakeholders exchanging 350 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp drop for JSE Main Market

Trading ended with a second consecutive day of a sharp decline in the JSE Main Market index on Thursday, and the third day of a sharp decline since the start of October as all of a near 7,000 points rally on the final day of September has been wiped out with a fall of just under 11,000 points for October to date with trading in 58 securities compared with 52 on Wednesday, resulting in prices of 15 stocks rising, 25 declining and 18 ending unchanged.
The volume of stocks traded declined 66 percent and the value 64 percent lower than on Wednesday, with a total of 7,238,507 shares changing hands for $54,207,250 versus 21,242,982 units at $150,463,331 on Wednesday. There was trading in VM Financial Group 2026A traded 1,000,000 units at $100.27.
Trading averaged 124,802 shares at $934,608 versus 408,519 shares at $2,893,526 on Wednesday and month to date, an average of 212,117 units at $1,542,996, compared with 243,186 units at $1,759,478 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 3.63 million shares for 50.2 percent of total volume followed by JMMB Group 7.35% – 2028 with 938,987 units for 13 percent of the day’s trade and Wigton Windfarm with 695,706 units for 9.6 percent market share.
The All Jamaican Composite Index dropped a hefty 4,288.27 points to close at 347,171.16, the JSE Main Index dived 4,681.02 points to close at 316,267.74 and the JSE Financial Index dipped 1.87 points to close at 69.19.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending by August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement dipped 94 cents in closing at $52.80 as 8,742 shares passed through the market, Eppley Caribbean Property Fund gained $1.80 to end at $39 in an exchange of 300 stock units, First Rock Real Estate rose 64 cents and ended at $8.64 as investors exchanged 110 units, Guardian Holdings shed $60 to close at $440 in switching ownership of 1,367 stocks. Jamaica Broilers fell $1.37 to $32.50 after an exchange of 3,380 stock units, Jamaica Producers skidded 90 cents in closing at $18.70 after trading 25,958 shares, Jamaica Stock Exchange declined 50 cents to end at $9.40 in trading 41,071 units, JMMB Group rallied 99 cents to close at $28.49 while exchanging 72,618 stocks. Kingston Wharves popped $1.30 and ended at $31.30 after trading 1,859 stock units, NCB Financial lost $3.44 to $61.07, with 69,894 shares crossing the exchange, Pan Jamaica dropped $1.15 to $50.35 with an exchange of 4,858 units. Proven Investments increased $1.83 to end at $21.98 with traders dealing in 17,729 stocks, Seprod dipped 73 cents to close at $73.45 after a transfer of 14,380 shares and Wisynco Group fell 84 cents in closing at $17.61 with investors transferring 161,658 stock units.
In the preference segment, Jamaica Public Service 7% climbed $6.17 to $47.32 with shareholders swapping 6 units, JMMB Group 7.35% – 2028 skidded 45 cents to close at $2.55, with 938,987 stocks changing hands and 138 Student Living preference share shed $6.47 and ended at $113.85 with a transfer of 29 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falls on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 6 percent but with a 52 percent lower value than on Tuesday, resulting in trading of five securities, compared to 10 on Tuesday with one rising, two declining and two ending unchanged.
Overall, 268,786 shares were traded, for US$4,988 compared to 252,693 units at US$10,412 on Tuesday.
Trading averaged 53,757 units at US$998, versus 25,269 shares at US$1,041 on Tuesday, with a month to date average of 39,399 shares at US$1,089 compared with 34,613 units at US$1,119 on the previous day, down from September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index fell 1.83 points to conclude trading at 254.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 between November 2023 and 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, First Rock Real Estate USD share climbed 0.12 of a cent to 4.2 US cents in an exchange of 5,383 shares, Sterling Investments dipped 0.05 of a cent to close at 1.7 US cents in an exchange of 8,900 units. Sygnus Credit Investments remained at 9.02 US cents in an exchange of 22 stocks, Sygnus Real Estate Finance USD share ended at 10 US cents after exchanging 990 stock units and Transjamaican Highway lost 0.1 of a cent and ended at 1.7 US cents after 253,491 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.