The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after trading 20 times more shares than the extremely low volume on Tuesday.
At the close of the market, trading ended with five securities changing hands compared to six on Tuesday and closed with the price of two stocks rising, none declining and three remaining unchanged.
The JSE USD Equities Index dropped 2.22 points to settle at 199.70. The PE Ratio of the market averaged 13.7 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 225,878 shares, accounting for US$169,536 compared to 11,325 units at US$786 on Tuesday. The average trade for the day amounts to 45,176 units changing hands at US$33,907, in contrast to an average of 1,888 shares at US$131 on Tuesday. Trading ended with an average of 751,236 units for the month to date at US$18,516, in contrast to 800,959 units at US$17,432. By comparison, September ended with an average of 84,017 units for US$10,590.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment rose 0.041 of a cent to settle at 7.42 US cents, with 4,000 units changing hands, Margaritaville closed at 15 US cents after exchanging 580 units. Proven Investments remained at 27.95 US cents after finishing with a transfer of 75,352 shares and Sterling Investments ended at 2.75 US cents, with 146 units crossing the market.
In the preference segment of the market, Eppley 5% preference shares rose 3 US cents to settle at US$1.03, in exchanging 145,800 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD Equities Index rose 5.71 points to settle at 201.92, with the PE Ratio of the market averaging 13.6 based on ICInsider.com forecast of 2020-21 earnings.
At the close of the market, First Rock Capital Investment lost 1.99 US cents in closing at 7.01 US cents, with an exchange of 10,000 stock units, Margaritaville remained at 15 US cents trading 64 units, Proven Investments gained 4.44 US cents to settle at 27.95 US cents, after exchanging just 34 units. Sterling Investments gained eight-tenths of a cent and settled at 2.75 US cents, trading 355 units, Sygnus Credit Investments closed at 13.49 US cents, in a transfer of 123 units and Transjamaican Highway slipped 0.01 of a cent to end at 0.98 of a US cent, after 749 stock units crossed the market.
At the close of the market, trading ended with four securities changing hands compared to five on Friday and ended with the prices of two stocks rising, one declining and one remaining unchanged.
At the close of the market, Margaritaville remained at 15 US cents after trading 100 shares, Proven Investments shed 2.49 US cents to settle at 23.51 US cents with an exchange of 9,801 units, Sygnus Credit Investments gained fourth tenths of a cent to close 13.49 US cents with an exchange of 627 stock units and Transjamaican Highway rose by 0.04 of a cent to end at 0.097 of a US cent with an exchange of 191,164 shares.
The Main and Junior Markets closed the past week lower than the close of the previous week, with the Main market at a higher level than the third week of July, while the Junior Market continues at the lowest levels since the early summer months. 
Lasco Financial and Elite Diagnostic. 
The focus on all three is on the 2021 fiscal year profit, projected to recover from reduced profit for the 2020 financial year. With expected gains of 151 to 227 percent, the top three Main Market stocks are Berger Paints, followed by JMMB Group and Grace Kennedy. 
The JSE Main Market ended the week, with an overall PE of 16.1 and the Junior Market 12.2, based on ICInsider.com’s projected 2020-21 earnings. The average PE ratio of the Junior Market has been slowly rising, with better profit opportunities than the Main Market and narrowing the gap. The PE ratio for the Junior Market Top 10 stocks average a mere 5.7 at just 47 percent to the Junior Market average. The Main Market TOP 10 stocks trade at a PE of 8.4 or 52 percent of the PE of that market.
IC TOP 10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
At the close of the market, First Rock Capital Investment settled at 9 US cents, with an exchange of 1,316 shares Margaritaville closed at 15 US cents, after trading 1,290 units, Proven Investments lost half a cent to end at 26 US cents, clearing the market with 1,420,731 shares. Sygnus Credit Investments closed at 13.08 US cents, with a loss of four-tenths of a cent ending as investors swapped 5,792 stock units and Transjamaican Highway lost one-tenth of a cent end at 0.93 of a US cent, in exchanging 206,365 shares.
At the close of the market, trading ended with five securities changing hands compared to two on Wednesday and closed with the price of one stock rising, two declining and two remaining unchanged.
At the close of the market, First Rock Capital Investment gained one-tenth of a cent and closed at 9 US cents, after exchanging 9,051 shares, Margaritaville closed at 15 US cents, trading 906 units. Proven Investments lost half a cent, to close at 26.5 US cents, with 1,000 stock units changing hands and Sygnus Credit Investments closed at 13.5 US cents, in exchanging 739 units.
Only two securities traded on Wednesday compared to six on Tuesday on the US dollar market of the Jamaica Stock Exchange, with the market index unchanged after there were no price changes at the close.
By comparison, September ended with an average of 84,017 units for US$10,590 .
At the close of the market, trading ended with six securities changing hands compared to four on Friday and closed with the prices of three stocks rising, one declining and two remaining unchanged.
At the close, First Rock Capital Investment added four-tenths of a cent to close at 8.9 US of cents, with investors swapping 1,204 stock units, Margaritaville gained 1 US cent in closing at 15 US cents, after an exchange of 125 units, Proven Investments was unchanged at 27 US cents trading 9,679 shares and Sygnus Credit Investments lost 1 US cent to end at 13.5 US cents, with a transfer of 1,016 units.
The top three stocks in each market saw no change in ranking, leaving the top three Junior Market stocks with the potential to gain between 293 to 705 percent by March 2021. Caribbean Producers heads the list, followed by Lasco Financial and Elite Diagnostic. The focus on all three is on the 2021 fiscal year profit, projected to recover from reduced profit for the 2020 financial year. With expected gains of 151 to 245 percent, the top three Main Market stocks are Berger Paints, followed by JMMB Group and
The Junior and Main markets are currently trading well below this level, indicating the potential gains ahead. The JSE Main Market ended the week, with an overall PE of 15.8 and the Junior Market 11.6, based on ICInsider.com’s projected 2020-21 earnings. The average PE ratio of the Junior Market has been slowly rising, with better profit opportunities than the Main Market and narrowing the gap. The PE ratio for the Junior Market Top 10 stocks average a mere 5.7 at just 49 percent to the Junior Market average. The Main Market TOP 10 stocks trade at a PE of 8.5 or 54 percent of the PE of that market.
IC TOP 10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in the selection process in and out of the lists for most weeks. Revisions to earnings per share are ongoing, based on receipt of new information.
At the close of the market, Proven Investments shed 1 US cent to settle at 27 US cents, with 34,979 shares changing hands, Sygnus Credit Investments gained 1 US cent to close at 14.5 US cents with investors switching ownership of just one stock and Transjamaican Highway closed at 0.81 US cent, with 545,032 shares crossing the exchange.