Drop for JSE Main Market

Trading ended as 69 percent more funds passed through on the Jamaica Stock Exchange Main Market ended on Tuesday than on Monday, with the volume of stocks traded declining 6 percent and the value, with 60 securities trading compared to 56 on Monday, with 17 rising, 28 declining and 15 ending unchanged as two stocks hit a 52 weeks’ high and two ended at a 52 weeks’ low.
A total of 10,763,695 shares were traded for $65,931,590 compared to 11,476,890 units at $39,035,763 on Monday.
Trading averaged 179,395 shares at $1,098,860, versus 204,944 stock units at $697,067 on Monday and month to date, an average of 230,484 units at $1,610,904, compared with 239,420 units at $1,700,474 on the previous day. Notably, the average funds entering the market in May to date exceed April, with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 5.11 million shares for 47.5 percent of total volume, with the stock closing at a 52 weeks’ high of $1.18, followed by Wigton Windfarm with 1.65 million units for 15.3 percent of the day’s trade and Scotia Group with 806,865 units for 7.5 percent market share.
The All Jamaican Composite Index jumped 3,226.09 points to close at 369,226.52, the JSE Main Index dropped 3,014.50 points to close at 334,130.49 and the JSE Financial Index fell 1.08 points to 75.54.
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 calculated based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments dropped 48 cents to close at $77.50, with 2,801 shares crossing the exchange, Berger Paints lost 50 cents to end at $7.80 and closed with 1,093 stocks changing hands, Caribbean Cement dipped $1.51 and ended at a 52 weeks’ low of $51 after exchanging 36,519 units, Caribbean Producers gained 50 cents in closing at $10.50 after investors traded 9,309 stocks. Eppley shed 75 cents to close at $36.52, with shareholders swapping 26,042 stocks, Guardian Holdings dropped $38 to end at $472 after an exchange of 851 stock units. Jamaica Stock Exchange dipped 80 cents to $13.40 in switching ownership of 639 shares, Margaritaville declined $2.42 and ended at a 52 weeks’ low of $13.71 while 17,126 stock units passed through the market, Mayberry Jamaican Equities rallied 50 cents to end at $10.50 in an exchange of 189,662 units, 138 Student Living rose 34 cents to close at $5.35 with 116 stocks crossing the exchange. Proven Investments shed $1 in ending at $26 as investors exchanged 4,607 stock units, Sagicor Group rallied $1.35 to $49.38 with investors transferring 21,037 shares, Scotia Group advanced 50 cents in closing at $34.50 after 806,865 stocks crossed the market, Seprod popped $1.50 in closing at $72 with a transfer of 10,486 units  Stanley Motta climbed 59 cents to $6.15 after a transfer of 502,975 units, Supreme Ventures popped 34 cents to end at $27.99 in trading 76,574 shares and Wisynco Group lost 43 cents and ended at $16.56 with 52,211 stocks clearing the market.

In the preference segment, Eppley 7.50% preference share climbed 70 cents to close at $6.90 with an exchange of 1,726 stock units, 138 Student Living preference share increased $12.02 to close at a 52 weeks’ high of $132.19 while exchanging one stock and Productive Business Solutions 9.75% preference share fell $4 to $96 with a transfer of 14 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rises on low volume

Trading activity slipped on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded declining moderately and the value 29 percent lower than on Friday, after investors traded 56 securities compared to 55 on Friday, with 20 rising, 19 declining and 17 ending unchanged.
A total of 11,476,890 shares were exchanged for $39,035,763 versus 11,772,290 units at $54,877,421 on Friday.
Trading averaged 204,944 shares at $697,067, compared with 214,042 shares at $997,771 on Friday and month to date, an average of 239,420 units at $1,700,474, compared to 246,147 units at $1,896,261 on the previous day. trading in April closed with an average of 264,549 units at $1,409,410.
Wigton Windfarm led market with 5.57 million shares for 48.5 percent of the volume, Transjamaican Highway was next with 1.34 million units for 11.7 percent of the day’s trade, Salada Foods ended with 1.07 million units for 9.3 percent of market share and Ciboney Group with 1.03 million units for 9 percent of total volume. Increased trading in Transjamaican Highway and Wigton Windfarm has been sucking supplies out of the market and setting the prices up for more gains in the coming weeks.
The All Jamaican Composite Index rallied 741.69 points to 372,452.61, the JSE Main Index climbed 2,274.28 points to 337,144.99 and the JSE Financial Index shed 0.07 points to close at 76.62.
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 selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Barita Investments lost 81 cents in closing at $77.98 after 3,196 shares crossed the exchange, Caribbean Cement dipped $1.46 to close at $52.51 as investors traded just 816 units, Caribbean Producers shed 56 cents to close at $10 with investors transferring 27,089 stocks, supply around current prices seems limited, suggesting higher prices are ahead. GraceKennedy climbed $2 to $78 with an exchange of 58,360 stock units, Guardian Holdings advanced $15 to end at $510 in trading 343 units, Jamaica Broilers gained $1.52 in closing at $37.22 in switching ownership of 2,932 stocks, JMMB Group popped 40 cents to $30 with shareholders exchanging 31,506 shares. Key Insurance rose 50 cents and ended at $3.65 after just 1 stock unit was traded, Kingston Wharves increased $2.40 to close at $32.90, with 5,548 stock units changing hands, Massy Holdings rallied $3 to end at $98, with 4,590 shares crossing the market, Mayberry Jamaican Equities dipped 85 cents to $10 after an exchange of 211,881 stocks. 138 Student Living declined 34 cents to $5.01 while exchanging 2,650 units, Sagicor Group fell $1.97 to close at $48.03 after a transfer of 70,552 shares, Scotia Group shed 85 cents in closing at $34 with a transfer of 9,525 units, Seprod rallied 50 cents to end at $70.50 as 9,753 stock units passed through the market. Stanley Motta gained 36 cents to close at $5.56, with 2,081 stocks clearing the market, Supreme Ventures lost 35 cents in closing at $27.65 with shareholders swapping 17,945 stocks and Sygnus Real Estate Finance rose $2.29 to $11.80, with 3,078 shares crossing the market.
In the preference segment, Productive Business 10.50% preference share increased $50 to end at $1200, with an exchange of 300 units, Eppley 7.50% preference share declined 70 cents and ended at $6.20 after investors traded 3,488 stock units. Eppley 7.75% preference share advanced $2.21 to $19.75 in an exchange of 84 stock units, Jamaica Public Service 7% fell $15 ended at $60 as investors exchanged 11,187 shares and 138 Student Living preference share jumped $15.67 in closing at $120.17 with investors transferring a mere 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumped on JSE Main Market

Trading activity picked up on the Jamaica Stock Exchange Main Market on Friday, but the level of trades remaining below par following a 208 percent rise in the volume of stocks traded with the value 62 percent higher than on Thursday, with trading activity occurring in 55 securities compared to 57 on Thursday and resulted in prices of 13 rising, 23 falling and 19 ending unchanged.
A total of 11,740,790 shares were traded for $54,776,621 compared with 3,816,748 units at $33,796,305 on Thursday.
Trading averaged 213,469 shares at $995,939 compared to 66,960 shares at $592,918 on Thursday and month to date, an average of 246,038 units at $1,895,910, compared with 253,759 units at $2,109,265 on the previous day. Trading in April closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 5.01 million shares for 42.7 percent of total volume followed by Ciboney Group with 1.26 million units for 10.7 percent of the day’s trade and Sagicor Select Financial Fund with 863,349 units for 7.4 percent of market share.
The All Jamaican Composite Index fell 1,306.49 points to close at 371,710.92, the JSE Main Index rallied 1,443.60 points to 334,870.71 and the JSE Financial Index gained 0.10 points to close at 76.69.
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 of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments gained 79 cents to close at $78.79 after an exchange of 7,751 shares, Caribbean Producers advanced 58 cents in closing at $10.56 in switching ownership of 18,547 units, GraceKennedy lost $3 and ended at $76, with 34,880 stock units crossing the market, Guardian Holdings shed $5 to $495 and closed with 66 stocks being traded. Jamaica Broilers dipped $1.28 to end at $35.70 as 29,289 stocks passed through the market, Jamaica Stock Exchange rallied $1.24 to end at $14.24 with an exchange of 6,691 units, JMMB Group declined $1.40 to close at $29.60 after investors traded 126,267 shares. Kingston Wharves dropped $2.40 to $30.50 with investors trading 20,319 units, Mayberry Investments popped 45 cents in closing at $7.95 in an exchange of 60,363 shares, Mayberry Jamaican Equities fell 45 cents and ended at $10.85 after 6,511 units passed through the market, NCB Financial fell $1 to close at $72 with a transfer of 268,196 stocks. Portland JSX shed 48 cents in closing at $11 in an exchange of 20 stock units, Proven Investments increased $1.69 and ended at $27.10 in trading 1,888 units, Seprod declined $1.50 to end at $70, with 27,546 stock units crossing the exchange. Stanley Motta lost 50 cents to close at $5.20 while exchanging 834 stocks and Sterling Investments climbed 38 cents to end at $2.87 after a transfer of 517 shares.
In the preference segment, Eppley 7.75% preference share dipped $1 to $17.54, with 558 shares changing hands, Jamaica Public Service 7% rose $7 and ended at $75, with 175 units clearing the market and JMMB Group 7.15% – 2028 climbed 47 cents to close at $2.94 after investors exchanged 10,905 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gain for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 28 percent valued 39 percent lower than on Thursday, resulting in seven securities traded, similar to trading on Thursday with four rising, one declining and two ending unchanged.
A total of 88,165 shares were traded for US$11,398 compared with 122,385 units at US$18,559 on Thursday.
Trading averaged 12,595 shares at US$1,628 down from 17,484 stock units at US$2,651 on Thursday, with a month to date average of 36,326 shares at US$1,220 compared to 41,212 units at US$1,135 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rose 12.91 points to 237.76, with the market rising 1.6 percent for for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed based on the last traded price 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, Margaritaville dipped 0.47 of a cent to 11 US cents with shareholders trading 26 shares, Productive Business Solutions rallied 10 cents to close at US$1.90 as 2 shares changed hands, Proven Investments ended at 17 US cents after shareholders traded 67,557 units, Sterling Investments ended at 1.9 US cents as investors swapped 205 stocks. Sygnus Credit Investments rose 0.38 of one cent and ended at 9.42 US cents as 30  through the market, Sygnus Real Estate Finance USD share gained 2.05 cents to end at 12.39 US cents with an exchange of 23 stocks and Transjamaican Highway rose 0.11 of a cent to close at 1.21 US cents in switching ownership of 20,322 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE Main Market

Trading activity dropped on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 40 percent and the value 30 percent lower than on Wednesday, following trading activity in 57 securities compared to 60 on Wednesday, with 17 rising, 24 declining and 16 ending unchanged.
A total of 3,816,748 shares were traded for $33,796,305 compared to 6,353,061 units at $48,244,526 on Wednesday.
Trading averaged 66,960 shares at $592,918, versus 105,884 shares at $804,075 on Wednesday and month to date, an average of 253,759 units at $2,109,265, compared to 314,602 units at $2,603,161 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Wigton Windfarm was the leading traded stock, with 1.46 million shares for 38.3 percent of the volume,  Transjamaican Highway followed, with 1.32 million units for 34.5 percent of the day’s trade and Caribbean Cement with 185,389 units for 4.9 per cent market share.
The All Jamaican Composite Index dropped 1,994.64 points to 373,017.41, the JSE Main Index dived 3,512.01 points to 333,427.11 and the JSE Financial Index dipped 0.89 points to 76.59.
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 selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Carreras rallied 39 cents to $8.59 in an exchange of 99,624 shares, GraceKennedy popped $1.15 and ended at $79 after a transfer of 51,677 units, Jamaica Producers rallied 49 cents to close at $21 with the swapping of 324 stocks, Jamaica Stock Exchange fell 95 cents in closing at $13, with 36,510 stock units crossing the market. JMMB Group gained $1 to end at $31 as 6,996 stocks passed through the market, Margaritaville dropped $2.87 and ended at $16.13 in trading 741 units, Massy Holdings jumped $5.50 to end at $95 after an exchange of 3,762 stock units, NCB Financial declined $1.11 in closing at $73 with 41,486 shares changing hands. Proven Investments dipped $1.89 to $25.41 with investors trading 4,483 shares, Sagicor Group lost 50 cents to close at $50 in switching ownership of 13,572 stock units; Scotia Group rose 75 cents in closing at $34.85 with a transfer of 71,051 stocks, Supreme Ventures advanced 50 cents to $28, with 23,422 units changing hands and Sygnus Real Estate Finance shed $1.39 to close at $9.51 in an exchange of 1,000 stocks.
In the preference segment, Productive Business 10.50% preference share dropped $50 to end at $1150 as investors exchanged 150 stock units, Eppley 7.75% preference share shed 96 cents and ended at $18.54 after 442 shares were traded. Jamaica Public Service 7% fell $22.52 in closing at $68, with 1,526 units crossing the market. JMMB Group 7.15% – 2028 dropped 45 cents to close at $2.47 while exchanging 60,000 stock units and Productive Business Solutions 9.75% preference share declined $4 to close at $100 with an exchange of 89 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Down volume for JSE USD Market

Trading slipped on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 88 percent with a 27 percent more value than on Wednesday, resulting in seven securities trading, compared to nine on Wednesday, with three rising, two declining and two ending unchanged.
Overall, 122,385 shares were traded for US$18,559 compared with 1,042,369 units at US$14,647 on Wednesday.
Trading averaged 17,484 units at US$2,651 versus 115,819 shares at US$1,627 on Wednesday, with a month to date average of 41,212 shares at US$1,135 compared to 47,363 units at US$742 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index fell 0.47 points to 224.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 none with a lower offer.
At the close, Margaritaville rose 0.07 of a cent to 11.47 US cents, with 725 shares crossing the market, Productive Business Solutions popped 5 cents to end at US$1.80 after exchanging 306 units, Proven Investments remained at 17 US cents after transferring 2,340 stock units. Sterling Investments ended at 1.9 US cents after exchanging 31,455 stocks, Sygnus Credit Investments dipped 0.38 of a cent to 9.04 US cents after an exchange of 8,600 shares and Transjamaican Highway dipped 0.11 of a cent to close at 1.1 US cents 66,413 stocks changing hands.
In the preference segment, JMMB Group 6% rose 16 cents to US$1.23 after trading 12,546 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surged on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 2,391 percent with the value jumping 677 percent more than on Tuesday, resulting from trading activity in nine securities as was the case on Tuesday as traded ended with prices of six stocks rising, no declining and three ending unchanged.
A total of 1,042,369 shares were exchanged for US$14,647 compared to 41,840 units at US$1,885 on Tuesday.
Trading averaged 115,819 shares at US$1,627 compared with 4,649 shares at US$209 on Tuesday, with a month to date average of 47,363 shares at US$742, with 13,136 units at US$300 on the previous day. April ended with an average of 394,241 shares for US$22,357.
The US Denominated Equities Index popped 0.01 points and concluded trading at 225.31.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio is computed using the last traded price of each stock divided by projected earnings computed by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended trading at 6.2 US cents after 11 shares changed hands, MPC Caribbean Clean Energy advanced 1 cent to 59 US cents, with 2 stocks crossing the exchange. Proven Investments climbed 0.56 of one cent in closing at 17 US cents after investors traded 1,646 stock units, Sterling Investments increased 0.29 of a cent and ended at 1.9 US cents with a transfer of 38,413 units. Sygnus Credit Investments rose 0.36 of one cent to end at 9.42 US cents and closed trading with 157 stock units changing hands and Transjamaican Highway gained 0.09 of a cent to end at 1.21 US cents after a transfer of 1,000,871 stocks.
In the preference segment, Productive Business 9.25% preference share popped 40 cents to end at US$13.15 after an exchange of 2 units, JMMB Group 5.75% remained at US$2 in switching ownership of 1,242 shares and JMMB Group 6% after ending at US$1.07 and closed with 25 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 75 percent and the value 87 percent lower than on Tuesday, with 60 securities trading compared to 58 on Tuesday, with 17 rising, 20 declining and 23 ending unchanged.
A total of 6,353,061 shares were traded for $48,244,526 down from 25,780,894 units at $362,794,152 on Tuesday.
Trading averaged 105,884 shares at $804,075, compared with 444,498 shares at $6,255,072 on Tuesday and month to date, an average of 314,602 units at $2,603,161 versus 423,498 units at $3,541,814 on the prior day. Trading in April ended with an average of 264,549 units at $1,409,410.
Wigton Windfarm led trading with 2.52 million shares for 39.6 percent of the total volume followed by Sagicor Select Financial Fund with 667,300 units for 10.5 percent of the day’s trade and Transjamaican Highway with 598,682 units for 9.4 percent market share.
The All Jamaican Composite Index advanced 1,468.88 points to conclude trading at 375,012.05, the JSE Main Index jumped 2,312.81 points to end at 336,939.12 and the JSE Financial Index rose 0.07 points to 77.48.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded stock prices and earnings forecasted ICInsider.com for companies with the financial year ending between November 2022 and 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 fell 96 cents in closing at $78 following an exchange of 26,572 shares, Caribbean Cement lost $2.89 to end at $54.01 with 230,824 stocks clearing the market, following the release of first quarter results showing a sharp fall in profits after direct operating cost surged with the plant undergoing annual scheduled repairs. Guardian Holdings gained $20 to end at $, with 42 units changing hands, Jamaica Stock Exchange climbed 65 cents to $13.95 with the swapping of 231 stock units, Mayberry Investments shed 45 cents to close at $7.50 in trading 43,199 units. 138 Student Living increased 30 cents to $5.40 with an exchange of 4,238 stock units, Pan Jamaica Group dropped $2.33 to $54.10, with 1,656 stocks crossing the market, Proven Investments popped $1.80 to close at $27.30 with a transfer of 2,178 shares. Sagicor Group dropped $1.50 to $50.50 after 43,226 stock units crossed the market, Scotia Group declined 70 cents in closing at $34.10 after an exchange of 75,093 units, Seprod rose $6.61 and ended at $71.62 after 3,322 shares were exchanged. Stanley Motta rallied 75 cents to $5.56 after a transfer of 20,752 stocks and Sygnus Real Estate Finance advanced 70 cents in closing at $10.90 in an exchange of 2,801 shares.
In the preference segment, Jamaica Public Service 7% lost $18.48 to end at $90.52 in switching ownership of 624 units and Productive Business Solutions 9.75%preference share rose $9 to close at $104 after exchanging 2 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated

Mostly reds for the JSE Main Market

Stocks mostly dropped in market activity on the Jamaica Stock Exchange Main Market ended on Tuesday following a 12 percent increase in the volume of stocks traded after investors pumped in 715 percent more money into stocks compared with trading on Monday, resulting in the trading of 58 securities compared to 57 on Monday, with 15 rising, 30 declining and 13 ending unchanged.
All of 25,780,894 shares were traded for $362,794,152 versus 22,921,329 units at $44,514,498 on Monday.
Trading averaged 444,498 shares at $6,255,072, compared with 402,129 shares at $780,956 on Monday and month to date, an average of 423,498 units at $3,541,814, compared with 402,129 units at $780,956, previously. April closed with an average of 264,549 units at $1,409,410.
Carreras led trading with 12.08 million shares for 46.9 percent of the day’s volume followed by Wigton Windfarm with 3.31 million units for 12.8 percent of the day’s trade, GraceKennedy with 3.04 million units for 11.8 percent market share, Sagicor Select Financial Fund with 2.79 million units for 10.8 percent and Transjamaican Highway with 2.24 million units for 8.7 percent of total volume.
The All Jamaican Composite Index fell 6,576.29 points to finish at 373,543.17, the JSE Main Index dropped 5,785.97 points to close at 334,626.31 and the JSE Financial Index dipped 0.37 points to 77.41.
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 based on the last prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints rallied 49 cents in closing at $8.10, with 569 shares crossing the market, Carreras fell 55 cents to end at $8.20 after an exchange of 12,078,900 units, GraceKennedy shed $2.15 to finish at $77.85., with investors transferring 3,041,968 stocks. Guardian Holdings dropped $10 to close at $480 as investors traded 1,004 stock units, Jamaica Producers declined $1.47 to $20.51 with an exchange of 61,044 units, Jamaica Stock Exchange fell 98 cents to $13.30 with 45,574 stocks crossing the market. JMMB Group shed $1.42 to end at $30 after an exchange of 47,384 shares, Kingston Wharves dipped 75 cents to end at $33 with 189 stock units clearing the market, Massy Holdings lost 50 cents to end at $89.50 with a transfer of 202 stock units. Pan Jamaica Group advanced $4.43 to $56.43 in trading 19,440 stocks, Seprod dropped $9 to end at $65.01 with the swapping of 17,786 units, Stanley Motta lost 74 cents to close at $4.81 with 100,101 shares crossing the market. Supreme Ventures lost 35 cents in closing at $27.75 with 73,409 stock units changing hands and Sygnus Real Estate Finance shed $1.59 to end at $10.20 after swapping 3,022 units.
In the preference segment, Eppley 5% preference share popped 98 cents to $22.98 trading 5 shares, Eppley 7.50% preference share lost 69 cents to close at $6.90 in switching ownership of 2,754 stocks, Jamaica Public Service 7% dropped $20 after ending at $109 with 2,248 shares crossing the exchange and 138 Student Living preference share rose $9.50 in closing at a 52 weeks’ high of $104.50 in a transfer of 2 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Decline for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 79 percent valued 46 percent lower than on Monday, resulting from trading activity in nine securities, the same as on Monday with prices of three rising, five declining and one ending unchanged.
A total of 41,840 shares were traded for US$1,885 compared with 194,605 units at US$3,511 on Monday.
Trading averaged 4,649 units at US$209, versus 21,623 shares at US$390 on Monday, with a month to date average of 13,136 shares at US$300 compared with trading in April with an average of 394,241 units for US$22,357.
The US Denominated Equities Index fell 11.00 points to finish at 225.30.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded stock price divided by earnings per share projected by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.

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 advanced 1.04 cents and ended at 6.2 US cents, with 387 shares crossing the exchange, Margaritaville dipped 0.08 of a cent in closing at 11.4 US cents with 400 units clearing the market, Productive Business Solutions dropped 14.99 cents to close at US$1.75, with one stock trading. Proven Investments fell 0.96 cents to 16.44 US cents in an exchange of 5,606 stock units, Sterling Investments fell 0.28 of a cent to end at 1.61 US cents in swapping 25,175 stocks, Sygnus Credit Investments increased by 0.01 of a cent in closing at 9.06 US cents after investors ended trading 1,123 stock units. Sygnus Real Estate Finance USD share lost 1.82 cents to close at 10.34 US cents after a transfer of 518 units and Transjamaican Highway gained 0.01 of a cent in ending at 1.12 US cents with investors transferring 8,531 shares.
In the preference segment, JMMB Group 5.75% remained at US$2 after trading 99 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.