Trading drops on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 77 percent after 43 percent lower US dollars passed through the market than on Friday, resulting in trading in nine securities, compared to four on Friday with prices of six rising, two declining and one ending unchanged.
The market closed with an exchange of 83,412 shares for US$10,690 compared to 361,086 units at US$18,726 on Friday.
Trading averaged 9,268 units at US$1,188 versus 90,272 shares at US$4,682 on Friday, with a month to date average of 53,042 shares at US$6,729 compared to 56,690 units at US$7,191 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index lost 2.63 points to cease trading at 257.31.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, MPC Caribbean Clean Energy climbed 4 cent and ended at 61 US cents after a transfer of 250 units, Proven Investments rose 0.1 of a cent to 13.7 US cents, with 6,316 stocks crossing the exchange, Sterling Investments gained 0.3 of a cent in closing at 1.75 US cents with investors trading 150 shares. Sygnus Credit Investments popped 0.03 of a cent to close at 8.9 US cents with 5,137 stock units clearing the market, Sygnus Real Estate Finance USD share declined 0.54 of one cent to end at 7.5 US cents with an exchange of 347 shares and Transjamaican Highway increased 0.13 of a cent in closing at 2.13 US cents after 64,527 units passed through the market.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149 with investors swapping 6,600 stocks, JMMB Group 5.75% lost 1 cent and ended at US$1.90, with 68 stock units changing hands and Productive Business Solutions 9.25% preference share rallied 45 cents to end at US$11.50 with a transfer of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big surge in JSE trading on Monday

Trading surged on the Jamaica Stock Exchange on Monday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands climbing, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 33 shares rising and 29 declining.
At the close of the market, the JSE Combined Market Index climbed 3,284.31 points to 348,521.68, the All Jamaican Composite Index rose 4,481.53 points to 377,145.00, the JSE Main Index climbed 3,554.31 points to 336,232.35. The Junior Market Index dropped 5.60 points to settle at 3,789.60 and the JSE USD Market Index slipped 2.68 points to end the day at 257.31.
At the close of trading, 57,917,643 shares were exchanged in all three markets, up from 21,088,796 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $2.024 billion, up from $117.77 million on the previous trading day and the JSE USD market closed with an exchange of 83,412 shares for US$10,690 compared to 361,086 units at US$18,726 on Friday.
Trading in the Main Market was dominated by NCB Financial led trading with 25.23 million shares followed by Wigton Windfarm with 5.03 million units, Proven Investments ended with 3.60 million units, Sagicor Group had an exchange of 2.11 million units, Transjamaican Highway chipped in with 1.61 million shares and Sagicor Select Financial Fund with 1.35 million units.
In the Junior Market, Future Energy led trading with 10.98 million shares followed by Lasco Manufacturing with 1.19 million units and ONE on ONE Educational ended trading with 724,352 stock units.
At the close of trading the Main Market listed Caribbean Cement rallied $1.62 in closing at $61.50, Caribbean Producers popped 69 cents to $10.47, Jamaica Producers climbed $2 to $24, Kingston Wharves increased 97 cents in closing at $33, MPC Caribbean Clean Energy rose $25.25 to end at $121cents in closing at $22.02 and Supreme Ventures gained 97 cents in closing at $27.
At the same time, Eppley declined $1.50 and ended at $36.50, Jamaica Broilers dipped 95 cents to end at $33.04, Sagicor Group shed $1.80 to close at $42, Seprod fell $2.40 to end at $78.30, Proven Investments sank 99 cents in closing at $22.02, Sagicor Group shed $1.80 to close at $42, Seprod fell $2.40 to end at $78.30 and Proven Investments sank 99.
At the end of trading, the Junior Market listed Lasco Manufacturing rose 69 cents to close at $5.78, Limners and Bards advanced 25 cents to $1.85, Main Event popped $1.14 to end at $14.71 and tTech popped 28 cents to close at $2.50 with the major losing stocks being Future Energy that dropped 30 cents in closing at $3.21 and Lasco Distributors sinking 24 cents and ended at $4.11.
In the preference segment, 138 Student Living preference share rose $27 and ended at $217, Productive Business Solutions 10.5% preference share sank $209 to $1,075 and Sygnus Credit Investments C10.5% gained $1 to end at $107.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.5 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Gains for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising by 16 percent after 69 percent more US dollars changed hands than on Thursday and resulting in trading in four securities, compared to eight on Thursday with prices of one rising, one declining and two ending unchanged.
The market closed with an exchange of 361,086 shares for US$18,726 compared to 310,053 units at US$11,086 on Thursday.
Trading averaged 90,272 units at US$4,682 versus 38,757 shares at US$1,386 on Thursday, with a month to date average of 56,690 shares at US$7,191 compared with 55,399 units at US$7,287 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 4.73 points to 259.94.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville ended at 12.78 US cents in switching ownership of just one share, Sygnus Real Estate Finance USD share popped 1.04 cents in closing at 8.04 US cents after 647 units changed hands and Transjamaican Highway remained at 2 US cents with an exchange of 359,378 shares.
In the preference segment, Sygnus Credit Investments US 8% shed 4 cents and ended at US$10.50 after trading 1,060 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market trading climbs as market falls

Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded declining 55 percent and the value 80 percent more than on Thursday, with trading in 58 securities compared with 56 on Thursday, with prices of 21 stocks rising, 18 declining and 19 ending unchanged as Carreras traded at a 52 weeks’ closing high of $9.20.
The market closed Friday with trading in 11,253,996 shares for $82,073,604 compared with 25,124,811 units at $45,570,028 on Thursday.
Trading averaged 194,034 shares at $1,415,062 compared to 448,657 units at $813,750 on Thursday and month to date, an average of 347,287 units at $1,686,756, down from 357,684 units at $1,705,186 on the previous day and January with an average of 265,804 units at $2,438,118.
Wigton Windfarm was the leading trade on Friday with 5.96 million shares for 53 percent of total volume followed by Transjamaican Highway with 1.70 million units for 15.1 percent of the day’s trade and Palace Amusement with 588,579 units for 5.2 percent market share.
The All Jamaican Composite Index declined 593.72 points to cease trading at 372,663.47, the JSE Main Index declined 2,896.26 points to cease trading at 332,678.04 and the JSE Financial Index rallied 0.05 points to settle at 71.78.
The Main Market ended trading with an average PE Ratio of 14.1. 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 around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rose 60 cents and ended at $6.60 in an exchange of 1,873 stocks, Caribbean Producers declined 30 cents to close at $9.78 with investors trading 5,508 units, General Accident climbed 40 cents to end at $5.40 with a transfer of 8,508 shares. Guardian Holdings gained $5.80 in closing at $369, with 70 stock units crossing the market, Jamaica Broilers popped 96 cents to close at $33.99 with investors trading 22,523 shares, Jamaica Producers fell $1 to close at $22, with 76,048 stocks changing hands. Jamaica Stock Exchange rallied 87 cents to end at $9.98 with an exchange of 4,375 units, JMMB Group advanced 38 cents in closing at $26.89, with 18,325 stock units crossing the market, Massy Holdings sank $2.80 to close at $94 with traders dealing in 435,176 shares. Mayberry Group skidded 82 cents and ended at $7.35 after an exchange of 2,755 stocks, Mayberry Jamaican Equities gained 89 cents and ended at $10.89 in trading 36,643 units, MPC Caribbean Clean Energy popped $4.75 in closing at $95.75 after an exchange of 220 stock units. NCB Financial gained $2 to end at $69.50 and closed with 108,670 shares changing hands, Proven Investments lost $1.74 and ended at $23.01 as investors exchanged 1,176 units, Seprod dropped $2.25 to close at $80.70 after 517 stocks passed through the market and Supreme Ventures rose 83 cents to $26.03 in an exchange of 17,709 stock units.
In the preference segment, JMMB Group 7% preference share rallied 53 cents to end at $2.28 with investors transferring 300 shares, JMMB Group 7.25% due 2024 preference share shed 30 cents in closing at $1.70, with 550,786 units crossing the exchange and Productive Business Solutions 9.75% preference share dipped $3.45 and ended at $115 with investors dealing in 86 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market falls Juniors & USD markets rise

The Main Market of the Jamaica Stock Exchange declined in trading on Friday as the Junior Market JSE USD market closed moderately higher as trading ended with the number of stocks changing hands falling, with the value of stocks traded jumping sharply over the previous trading day, resulting in prices of 38 shares rising and 37 declining.
At the close of trading, the JSE Combined Market Index climbed 2,597.12 points to 345,237.37, the All Jamaican Composite Index shed 593.72 points to close at 372,663.47, the JSE Main Index lost 2,896.26 points to 332,678.04. The Junior Market Index popped 3.60 points to 3,795.20, after hitting 3,875 points in the first thirty minutes of trading and the JSE USD Market Index rose 4.79 points to lock up trading at 259.99.
At the close of trading, 21,088,796 shares were exchanged in all three markets, down from 57,568,397 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $117.77 million, up from $110.86, million on the previous trading day and the JSE USD market closed with an exchange of 361,086 shares for US$18,726 compared to 310,053 units at US$11,086 on Thursday.
Trading in the Main Market was dominated by Wigton Windfarm led trading with 5.96 million shares, followed by Transjamaican Highway with 1.70 million units and Palace Amusement with 588,579 shares.
In the Junior Market, Lasco Manufacturing led trading with 4.48 million shares, followed by Stationery and Office Supplies with 990,778 units and Future Energy 579,426 stock units.
At the close of trading, the Main Market listed Guardian Holdings increased $5.80 in closing at $369, Jamaica Broilers popped 96 cents to close at $33.99, Mayberry Jamaican Equities gained 89 cents to end at $10.89, MPC Caribbean Clean Energy popped $4.75 in closing at $95.75 and NCB Financial gained $2 to close at $69.50.
The Main Market Jamaica Producers, fell $1 to $22, Massy Holdings sank $2.80 to close at $94, Proven Investments lost $1.74 and ended at $23.01 and Seprod dropped $2.25 to close at $80.70.
At the end of trading, the Junior Market listed Cargo Handlers gained 51 cents to end at $14.51, CAC 2000 rallied 17 cents to $4, Consolidated Bakeries popped 19 cents to $2.20, Express Catering rose 18 cents in closing at $3.98, Honey Bun gained 20 cents to end at $6.85, Lasco Distributors climbed 35 cents to close at $4.35 and tTech advanced 20 cents and ended at $2.22. At the same time, Knutsford Express declined 60 cents in closing at $11.40, Lasco Manufacturing skidded 36 cents to end at $5.09 and Paramount Trading fell 25 cents to $1.30.
In the preference segment, Productive Business Solutions 9.75% preference share dipped $3.45 and ended at $115.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.3 on 2022-23 earnings and 14.4 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

More gains for JSE Main Market stocks

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the volume of stocks changing hands declining by 26 percent and the value 36 percent lower than on Wednesday, with trading in 56 securities down from 60 on Wednesday, with prices of 27 stocks rising, 15 declining and 14 ending unchanged.
The market closed on Thursday with 25,124,811 shares being exchanged for $45,570,028 versus 33,827,768 units at $70,975,052 on Wednesday.
Trading averaged 448,657 shares at $813,750 compared to 563,796 units at $1,182,918 on Wednesday and month to date, an average of 357,684 units at $1,705,186, in comparison with 351,307 units at $1,767,665 on the previous day and January with an average of 265,804 units at $2,438,118.
Wigton Windfarm was the leading traded stock, with 16.47 million shares for 65.5 percent of the total volume followed by Sagicor Select Financial Fund with 3.44 million units for 13.7 percent of the day’s trade, Palace Amusement with 1.62 million units for 6.4 percent market share, Transjamaican Highway with 1.17 million units for 4.6 percent market share and General Accident with 1.0 million units for 4 percent of total volume.
The All Jamaican Composite Index rose 1,322.38 points to end the day at 373,257.19, the JSE Main Index rallied 1,512.16 points to 335,574.30 and the JSE Financial Index popped 0.27 points to end trading at 71.73.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with their financial year, ending around August 2024.
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, Caribbean Cement gained $3.90 and ended at $59.90 in an exchange of 11,269 units, Eppley sank 50 cents to close at  $38, with 58 stocks clearing the market, Guardian Holdings lost $5.80 to end at $363.20 with investors exchanging 10 shares. Jamaica Broilers dropped 97 cents in closing at $33.03 after a transfer of 11,335 stock units, Jamaica Producers popped $1 to close at $23 after 18,285 shares passed through the market, Mayberry Jamaican Equities gained 99 cents to close at $10 with investors trading 8,923 units. MPC Caribbean Clean Energy rose $1 and ended at $91 with an exchange of 145 stocks, NCB Financial shed $1 to end at $67.50 in switching ownership of 25,447 stock units, Sagicor Group advanced 80 cents in closing at $43.80 with traders dealing in 6,395 shares. Sagicor Real Estate Fund climbed 33 cents to close at $7.95 in an exchange of 125 units, Scotia Group rallied $1 to $46, with 25,207 stocks crossing the market, Seprod popped $1.95 in closing at $82.95 in trading 5,773 stock units and Supreme Ventures declined by 83 cents to end at $25.20, with 27,671 shares crossing the exchange.
In the preference segment, JMMB Group 7% preference share fell 53 cents and ended at $1.75 with a transfer of 26,050 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market falls

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 38 percent after 89 percent fewer US dollars changed hands than on Wednesday and resulting in trading in eight securities, compared to six on Wednesday with prices of three rising, two declining and three ending unchanged.
Trading closed with an exchange of 310,053 shares for US$11,086 up from 497,176 units at US$96,746 on Wednesday.
Trading averaged 38,757 shares at US$1,386 versus 82,863 shares at US$16,124 on Wednesday, with a month to date average of 55,399 shares for US$7,287 compared with 56,785 units at US$7,779 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index declined 5.65 points to end at 255.20.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 9.8. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville popped 1.78 cents to close at 12.78 US cents after an exchange of 51 stocks, Proven Investments sank 1.4 cents to 13.6 US cents with investors swapping 3,109 units, Sterling Investments fell 0.25 of a cent and ended at 1.45 US cents with a transfer of 10,000 shares. Sygnus Credit Investments ended at 8.87 US cents in an exchange of 1,000 stock units, Sygnus Real Estate Finance USD share ended at 7 US cents in switching owners of 285 shares and Transjamaican Highway remained at 2 US cents as investors exchanged 291,661 units.
In the preference segment, JMMB Group US8.5% preference share rallied 7.9 cents to close at US$1.149, with 3,900 stocks crossing the market and JMMB Group 5.75% rose 10 cents to end at US$1.91 with investors transferring 47 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbed on the Jamaica Stock Exchange

Rising stocks dominated trading on the Jamaica Stock Exchange on Thursday as the Junior Market JSE USD market slipped and the main market rose as trading ending with the number and value of stocks changing hands rising, and resulting in prices of 40 shares rising and 32 declining.
At the close of the market, the JSE Combined Market Index jumped by 1,228.47 points to 347,834.49, the All Jamaican Composite Index rallied 1,322.38 points to 373,257.19, the JSE Main Index rose 1,512.16 points to end at 335,574.30 points. The Junior Market Index skidded 21.66 points to end trading at 3,781.60 and the JSE USD Market Index sank 5.50 points to culminate at 255.20.
At the close of trading, 57,568,397 shares were exchanged in all three markets, up from 38,865,018 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $110.86 million, up from $80.9 million on the previous trading day and the JSE USD market closed with an exchange of 310,053 shares for US$11,086 compared to 497,176 units at US$96,746 on Wednesday.
Trading in the Main Market was dominated by Wigton Windfarm trading 16.47 million shares followed by Sagicor Select Financial Fund with 3.44 million units, Palace Amusement ended with 1.62 million stock units, Transjamaican Highway closed with 1.17 million stocks and General Accident with 1.0 million units.
In the Junior Market, Derrimon Trading led trading with 22.64 million shares followed by ONE on ONE Educational with 2.25 million units and Jamaican Teas with 1.85 million stock units.
At the close of trading, the Main Market listed, Caribbean Cement increased $3.90 to end at $59.90, Jamaica Producers popped $1 to close at $23, Mayberry Jamaican Equities gained 99 cents to $10. MPC Caribbean Clean Energy rose $1 and ended at $91, Sagicor Group advanced 80 cents in closing at $43.80, Scotia Group rallied $1 to $46, Seprod popped $1.95 in closing at $82.95 and Supreme Ventures declined 83 cents to end at $25.20.
The major declining Main Market stocks include Guardian Holdings lost $5.80 to end at $363.20, Jamaica Broilers dropped 97 cents in closing at $33.03, NCB Financial shed $1 to end at $67.50
At the end of Junior Market trading, AMG Packaging gained 62 cents and ended at $3.70, Blue Power rose 41 cents in closing at $3.32, Caribbean Assurance Brokers climbed 25 cents to end at $2.36 and Lasco Manufacturing increased 36 cents to end at $5.45. In the meantime, Access Financial skidded $1.08 to $21.60, CAC 2000 lost 68 cents to close at $3.83, Express Catering dipped 19 cents in closing at $3.80, KLE Group shed 58 cents to close at $1.90, Knutsford Express sank 30 cents and ended at $12 and tTech shed 46 cents and ended at $2.02.
In the preference segment, no stock traded with a notable price change.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.4 on 2022-23 earnings and 14.4 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide for investors to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Trading climbs on JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 51 percent after 105 percent more dollars changed hands compared to Tuesday and resulting in trading in six securities, compared to four on Tuesday with prices of two rising, three declining and one ending unchanged.
The market closed with an exchange of 497,176 shares for US$96,746 compared to 328,443 units at US$47,111 on Tuesday.
Trading averaged 82,863 units at US$16,124 compared to 82,111 shares at US$11,778 on Tuesday, with a month to date average of 56,785 shares at US$7,779 compared with 55,047 units at US$7,223 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.47 points to culminate at 260.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 and or around 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, Proven Investments advanced 0.21 of a cent to end at 15 US cents, with 182,392 stock units clearing the market, Sygnus Credit Investments popped 0.07 of a cent to close at 8.87 US cents with investors exchanging 10,449 shares, Sygnus Real Estate Finance USD share sank 0.2 of a cent to close at 7 US cents after 1,000 stocks were traded and Transjamaican Highway declined 0.05 of a cent in closing at 2 US cents with investors dealing in 247,238 units.
In the preference segment, JMMB Group US8.5% preference share fell 1 cent and ended at US$1.07 in an exchange of 51,500 shares and JMMB Group 5.75% ended at US$1.81 with investors trading 4,597 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market Pulled back on Wednesday

Trading on the Jamaica Stock Exchange Main Market closed down on Wednesday, with the volume of stocks traded declining 24 percent, with an 82 percent lower value than on Tuesday, with occurring in 60 securities that is similar to trading on Tuesday, with prices of 14 stocks rising, 26 declining and 20 ending unchanged, with Carreras and Wigton Windfarm hitting 52 weeks’ high at the close.
The market closed with 33,827,768 shares being traded for $70,975,052 compared with 44,551,752 units at $385,321,406 on Tuesday.
Trading averaged 563,796 shares at $1,182,918 compared to 742,529 units at $6,422,023 on Tuesday and month to date, an average of 351,307 units at $1,767,665 compared to 334,055 units at $1,815,141 on the previous day and January with an average of 265,804 units at $2,438,118.
Wigton Windfarm led trading with 25.74 million shares for 76.1 percent of the total volume after hitting a 52 weeks’ high of $1.25 and was followed by Transjamaican Highway with 2.10 million units for 6.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.86 million units for 5.5 percent of the market share.
The All Jamaican Composite Index shed 3,659.77 points to end at 371,934.81, the JSE Main Index skidded 3,376.48 points to cease trading at 334,062.14 and the JSE Financial Index slipped 0.79 points to close at 71.46.
The Main Market ended trading with an average PE Ratio of 13.6. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints shed 77 cents and ended at $5.85 with a transfer of 3,336 units, Caribbean Cement lost $3.50 to close at $56, after 34,522 stocks were traded, Eppley Caribbean Property Fund dipped $1.74 to $38.26 with investors swapping 200 shares. Jamaica Stock Exchange sank 90 cents in closing at $9.10 in an exchange of 36,285 stock units, Kingston Wharves dropped 72 cents to $31.98, with a mere 324 shares being traded, NCB Financial fell 50 cents to close at $68.50 in an exchange of 18,976 units. Pan Jamaica advanced $3.40 in closing at $51.40 with traders dealing in 58 stocks, Proven Investments skidded 49 cents to end at $24.50, with 544 stock units changing hands, Sagicor Group declined 90 cents to $43 with an exchange of 9,686 shares. Scotia Group fell $2.40 to $45 with 87,756 stocks clearing the market and Seprod dipped $1.50 to close at $81 while exchanging 9,162 units.
In the preference segment, Jamaica Public Service 7% rose 79 cents to end at $48.79 after a transfer of 23 stock units and Productive Business Solutions 9.75% preference share gained $27.44 in closing at $118.45 as investors exchanged 190 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.