Increased trading hits JSEUSD Market

The Jamaica Stock Exchange US dollar Market had another chunk of the index chopped off on Monday, with the volume of stocks changing hands surging 354 percent and valued 172 percent more than on Friday, resulting in the trading of eight securities, compared to seven on Friday with two rising, three declining and three ending unchanged.
Investors traded 959,588 shares for US$46,217 compared with 211,505 units at US$16,972 on Friday.
Trading averaged 119,949 shares at US$5,777 versus 30,215 units at US$2,425 on Friday, with a month to date average of 41,318 shares at US$2,329 compared to 36,727 units at US$2,127 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index lost 10.51 points to end at 199.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. 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 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 fell 0.5 of a cent and ended at 4.5 US cents as 11,871 shares passed through the market, Margaritaville ended at 9.01 US cents while exchanging 570 units, Proven Investments rose 0.9 of a cent to 16.9 US cents, with 233,554 stock units clearing the market, but only after trading at a 52 weeks’ intraday low of 13.6 cents. Sterling Investments ended at 1.68 US cents after trading 4,057 stocks, Sygnus Credit Investments popped 0.86 of one cent to 11.01 US cents, with 100 shares crossing the exchange, Sygnus Real Estate Finance USD share lost 0.1 of a cent in closing at 11 US cents after an exchange of 100 units and Transjamaican Highway dipped 0.3 cents to 1 US cent in trading 708,836 stocks.
In the preference segment, JMMB Group 6% ended at US$1.07 and with 500 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading up prices down on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, led to 36 percent more stocks trading at a slightly higher value than on Friday, with trading in 60 securities compared to 53 on Friday, with the market closing with prices of 22 stocks rising, 27 declining and 11 ending unchanged.
A total of 19,055,221 shares were traded for $86,952,533 compared to 14,037,627 units at $85,583,051 on Friday.
Trading averaged 317,587 shares at $1,449,209 compared with 264,861 shares at $1,614,775 on Friday and month to date, an average of 219,922 units at $1,319,766, compared to 214,516 units at $1,312,602 on the previous trading day. April closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 9.46 million shares for 49.7 percent of total volume followed by Stanley Motta with 3.01 million units for 15.8 percent of the day’s trade and Wigton Windfarm with 1.85 million units for 9.7 percent of the day’s trade.
The All Jamaican Composite Index lost 503.63 points to end at 372,168.67, the JSE Main Index slipped 58.12 points to 337,003.10 and the JSE Financial Index dipped 0.25 points to 75.21.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Eppley Caribbean Property Fund fell $3.29 and ended at $40.40 with a transfer of 6,165 shares, First Rock Real Estate popped 93 cents to $11.30 in an exchange of 281 stocks, GraceKennedy rose 50 cents to $79, with 70,283 units crossing the exchange, Jamaica Broilers shed $3 to $33 while exchanging 50,785 stock units. Jamaica Producers declined 48 cents to end at $20.50 after 37,428 units crossed the market, JMMB Group lost $1.35 to end at $29 after 326,812 stock units passed through the exchange, Kingston Wharves dipped 40 cents and ended at $30.60 as investors exchanged 2,658 shares,  Margaritaville dropped $3.43 in closing at $14.98 after trading 22 stocks, Massy Holdings advanced $5 to close at a 52 weeks’ high of $105, with  3,524 shares crossing the market, with the price still around 11 percent lower than in Trinidad. Mayberry Jamaican Equities fell 50 cents to $10.50 after a transfer of 171,230 shares, NCB Financial rose $2 and ended at $72 with investors transferring 50,904 units, 138 Student Living dipped 84 cents to close at $4.76 after trading 28,560 stocks, Pan Jamaica Group shed $2.99 to end at $51 with 2,058 stock units clearing the market. Portland JSX gained $1.45 to close at $10.70 in an exchange of 35 stocks, Proven Investments rose 34 cents to $25.44 with an exchange of 2,022 shares, Sagicor Group fell 49 cents in closing at $50.01, with 2,042 units changing hands, Seprod traded 61,632 shares at $75 after the price hit a 52 weeks’ intraday high of $79.80. Stanley Motta lost 44 cents to close at $5.20 after an exchange of 3,011,831 stock units, Sygnus Real Estate Finance rallied $1.50 to end at $14.50 after exchanging 2,734 shares and Wisynco Group declined 50 cents to close at $19 with shareholders swapping 162,231 stocks.
In the preference segment, Eppley 7.75% preference share fell 74 cents and ended at $19 in trading 472 units and Jamaica Public Service 7% gained $9 to close at $69 in switching ownership of 4,655 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market inched higher on Friday

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 48 percent but valued 45 percent less than on Thursday, resulting in a rise in the market index, following trading in seven securities, compared to six on Thursday with two rising, two declining and three ending unchanged.
A total of 211,505 shares were traded for US$16,972 compared to 142,507 units at US$31,099 on Thursday.
Trading averaged 30,215 units at US$2,425 compared with 23,751 shares at US$5,183 on Thursday, with a month to date average of 36,727 shares at US$2,127 compared with 37,077 units at US$2,111 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rose 3.83 points to close at 210.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio is computed based on the last traded price of each stock divided by projected earnings, forecasted 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 one with a lower offer.
At the close, First Rock Real Estate USD share added 0.6 of a cent to end at 5 US cents with 1,133 shares being traded, Margaritaville dipped 0.34 of a cent to 9.01 US cents after trading 1,430 stocks, Proven Investments ended at 16 US cents, with 95,323 stock units crossing the market. Sterling Investments ended at 1.68 US cents with an exchange of one unit, Sygnus Credit Investments dipped 0.88 of one cent to close at 10.15 US cents in exchanging 51 shares and Transjamaican Highway gained 0.1 of a cent to close at 1.3 US cents in switching ownership of 113,517 stock units.
In the preference segment, Eppley 6% preference share remained at US$1.40 while exchanging 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

7,000 points 1 week rally for JSE Majors

The Jamaica Stock Exchange Main Market ended the week on Friday, with the market index jumping more than 7,000 points for the holiday shortened week, following a 56 percent jump in the volume of stocks traded and a 79 percent rise in the value compared to Thursday, with trading in 53 securities compared to 56 on Thursday and resulting with 30 rising, 12 declining and 11 ending unchanged.
A total of 14,037,627 shares were traded for $85,583,051, compared with 9,017,684 units at $47,750,582 on Thursday.
Trading averaged 264,861 shares at $1,614,775, compared with 161,030 shares at $852,689 on Thursday and month to date, an average of 214,516 units at $1,312,602, compared with 211,928 units at $1,297,068 on the previous day. April closed trading with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 5.51 million shares for 39.3 percent of total volume followed by Stanley Motta with 2.0 million units for 14.3 percent of the day’s trade, Wigton Windfarm chipped in with 1.79 million units for 12.7 percent market share and Sagicor Select Manufacturing & Distribution Fund ended with 1.20 million units for 8.6 percent of total volume.
The All Jamaican Composite Index jumped 3,017.25 points to 372,672.30, the JSE Main Index climbed 2,660.04 points to 337,061.22 and the JSE Financial Index declined 0.18 points to end at 75.46.
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 stock prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments popped $1.23 in closing at $76.25 in switching ownership of 34,170 shares, Caribbean Cement climbed $4 to end at $56 in an exchange of 107,172 stock units, Eppley fell $1.01 to close at $37.99 as 255 units passed through the market. First Rock Real Estate declined $1.03 and ended at $10.37 with shareholders swapping 2,953 stocks, GraceKennedy rose 50 cents to close at $78.50 while exchanging 90,339 stock units, Jamaica Broilers gained 50 cents to end at $36 with a transfer of 15,457 units. Jamaica Stock Exchange rallied 32 cents to close at $13.10 after an exchange of 7,434 shares, Kingston Properties gained 60 cents to end at $7.85, with 226,071 stocks crossing the market, Margaritaville rose $1.85 in closing at $18.41 in an exchange of 57 stock units. Massy Holdings rallied $1 to end at $100 with 3,911 stocks changing hands, NCB Financial lost $1 in ending at $70 in an exchange of 30,290 shares, Proven Investments dropped 90 cents to close at $25.10 after 1,474 units changed hands, Seprod gained $5 in closing at $75 as investors exchanged 70,414 stock units. Stanley Motta rose 57 cents to end at $5.64 and closed with 2,001,753 units being traded, Supreme Ventures advanced 40 cents to $27.40 as 17,842 shares crossed the market, Sygnus Real Estate Finance climbed $1.37 in closing at $13 after a transfer of 7,507 stocks and Wisynco Group increased $1.02 ended at $19.50 after an exchange of 229,985 stocks.
In the preference segment, Jamaica Public Service 9.5% popped $21 to close at $3000 in trading 16 shares, JMMB Group 7% preference share rallied 32 cents to $2.48 with investors transferring 100 stock units and JMMB Group 7.25% due 2024 preference share shed 40 cents to end at $1.50 after shareholders ended trading 8,916 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market pullback

Trading pulled back from Wednesday’s activity on the Jamaica Stock Exchange Main Market on Thursday, with a decline in the market indices with the volume of stocks traded declining 50 percent with a 30 percent lower value than Wednesday, following trading in 56 securities down from 61 on Wednesday and ended with the prices of 22 rising, 21 declining and 13 ending unchanged.
At the close of trading, 9,017,684 shares valued at $47,750,582 were exchanged, down from 17,951,966 shares at $68,245,213 Wednesday.
Trading averaged 161,030 shares at $852,689, compared to 294,295 shares at $1,118,774 on the prior day and month to date, an average of 211,928 units at $1,297,068, compared with 214,851 units at $1,322,591 on Wednesday. April closed with an average of 264,549 units at $1,409,410.
Transjamaican led trading with 3.21 million shares for 35.6 percent of total volume, followed by Wigton Windfarm with 2.54 million units for 28.1 percent of the day’s trade and Stanley Motta with 798,674 units for 8.9 percent market share.
The All Jamaican Composite Index dropped 1,262.90 points to settle at 369,655.05, the JSE Main Index dipped 770.38 points to 334,401.18 and the JSE Financial Index lost 0.19 points to conclude trading at 75.64.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last 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 eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dropped 41 cents and ended at $7.73 after an exchange of 96 shares, Caribbean Cement declined $3.85 to $52 while exchanging 3,962 stocks, Eppley Caribbean Property Fund rose $5.69 to end at $43.69 in switching ownership of 61 units, First Rock Real Estate gained $1.29 in closing at $11.40 in an exchange of 19 stock units. GraceKennedy increased 50 cents to close at $78, with 21,613 stocks changing hands, Jamaica Broilers shed 95 cents and ended at $35.50, with 26,914 units crossing the market, Jamaica Producers climbed 48 cents to end at $20.98 in an exchange of 32,507 stock units, Jamaica Stock Exchange fell 34 cents to $12.78 after an exchange of 57,726 shares after hitting an intraday low of $10. Key Insurance dipped 50 cents to $3.15 with shareholders swapping 255 shares, Kingston Properties popped 34 cents to close at $7.25 after a transfer of 1,229 stock units, Kingston Wharves gained 47 cents to end at $31 with 2,492 units being traded. Mayberry Investments rallied $1 to $9, with an exchange of 36,025 stocks, NCB Financial lost $1 to close at $71 as investors traded 94,523 shares, 138 Student Living popped 70 cents to $5.60, with 500 stock units crossing the exchange, Sagicor Group rallied 99 cents in closing at $50.49 following the trading of 111,688 units. Scotia Group advanced 50 cents to end at $34.50 and closed with an exchange of 16,948 stocks, Seprod climbed $2 in closing at $70 after trading 2,925 stocks and Supreme Ventures dropped 54 cents and ended at $27 with investors transferring 22,109 shares.
In the preference segment, Eppley 5% preference share gained $1.91 to close at $22.90, with 11 units clearing the market, Jamaica Public Service 7% dropped $19 to $60 after 11 stock units passed through the market and 138 Student Living preference share fell $1.67 to close at $105 with an exchange of 55 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A second day of solid gains for Main Market

It was another solid day of trading activity on the Jamaica Stock Exchange Main Market on Wednesday, with the market indices putting in a second day of a robust rally following a 97 percent jump in the volume of stocks traded as the value climbed 105 percent more than on Monday, after trading occurred in 61 securities compared to 64 on Monday, leading to the prices of 30 rising, 20 declining and 11 ending unchanged.
Investors traded 17,951,966 shares for $68,245,213 versus 9,133,162 units at $33,363,180 on Monday.
Trading averaged 294,295 shares at $1,118,774, versus 142,706 units at $521,300 on Monday and month to date, an average of 214,851 units at $1,322,591, compared with 209,549 units at $1,336,194 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Wigton Windfarm led trading with 4.65 million shares for 25.9 percent of total volume, followed by Transjamaican Highway with 3.27 million units for 18.2 percent of trading, QWI Investments with 2.44 million units for 13.6 percent market share, Stanley Motta with 2.08 million units for 11.6 percent market share and JMMB Group 7.35% due 2028  with 1.56 million units for 8.7 percent of total volume.
The All Jamaican Composite Index jumped 3,546.34 points to end at 370,917.95, the JSE Main Index rallied 2,988.38 points to close at 335,171.56 and the JSE Financial Index rose 0.28 points to close at 75.83.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 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 up to August 2023.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints rallied 52 cents to end at $8.14 in trading 3,409 shares, Caribbean Cement advanced $5.90 to close at $55.85, with 33,738 stocks passed through the market, Eppley popped $7.46 after ending at $39 with investors transferring 10,436 stock units. First Rock Real Estate dipped 39 cents to $10.11 while exchanging 5,154 units, GraceKennedy shed 50 cents in closing at $77.50, with 18,753 stock units changing hands, Jamaica Producers fell 30 cents in closing at $20.50 with a transfer of 18,238 stocks. JMMB Group increased 40 cents to $30.40 with shareholders swapping 15,197 shares, Kingston Wharves dropped 47 cents to close at $30.53 with an exchange of 2,807 units, Margaritaville declined $1.94 and ended at $16.56 after an exchange of 2,662 units. Massy Holdings rose $1.95 to end at $99 in trading 34,134 stocks, Mayberry Investments climbed 60 cents to end at $8 after 633,344 shares crossed the market, Mayberry Jamaican Equities gained 60 cents to close at $11.09 in switching ownership of 396,917 stock units. NCB Financial gained 62 cents and ended at $72 after trading 34,859 stocks, Portland JSX lost $1.25 in closing at $9 in an exchange of 10,733 units, Proven Investments advanced 50 cents to close at $26 after a transfer of 3,157 shares. Seprod declined $2.90 to close at $68 with 92,279 stock units clearing the market, Stanley Motta rose 30 cents to $5.30 and closed with 2,083,270 stock units changing hands, Sterling Investments dropped 38 cents to $2.52 after investors exchanged 2,433 stocks. Sygnus Real Estate Finance rallied $1.53 in closing at $11.63, with 104 units crossing the market and Wisynco Group increased $1.10 to end at $18.50 as investors exchanged 252,155 shares.
In the preference segment, Eppley 5% preference share popped $1.98 to end at $20.99, with 49 shares crossing the exchange, Eppley 7.50% preference share climbed 60 cents to $7.52 with an exchange of 6,979 units, 138 Student Living preference share dipped $13.50 and ended at $106.67, with 16 stock units crossing the market and Productive Business Solutions 9.75% preference share fell $10.69 to close at $106.94 after a transfer of 34 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market plunges

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 110 percent valued 521 percent more than on Monday and resulting in 10 securities traded, compared to eight on Monday with none rising, nine declining and one ending unchanged and sending the US Denominated Equities Index down 19.40 points to 207.57.
Investors traded 679,924 shares for US$31,830, up from 323,887 units at US$5,124 on Monday.
Trading averaged 67,992 units at US$3,183, up from 40,486 shares at US$641 on Monday, with a month to date average of 37,722 shares at US$1,963 compared to 35,067 units at US$1,856 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. 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 five 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 shed 0.78 of one cent to end at 4.4 US cents, with 56,186 shares changing hands, Margaritaville dipped 1.65 cents to 9.35 US cents after 20,000 units crossed the market, Productive Business Solutions lost 24.92 cents in closing at US$1.4508 with investors transferring 1,000 stocks. Proven Investments dropped 0.88 of one cent and ended at 16.02 US cents as investors exchanged 60,149 shares, Sterling Investments declined 0.3 of a cent to 1.68 US cents after hitting a 52 weeks’ intraday low of 0.160 cents with shareholders swapping 26,907 shares, Sygnus Credit Investments fell 1.95 cents in closing at 11.03 US cents after investors exchanged 1,075 stocks and Transjamaican Highway declined 0.1 of a cent to close at 1.2 US cents with 509,141 stock units crossing the market.
In the preference segment, Productive Business 9.25% preference share dipped US$1.50 and ended at US$11.50 as 100 units passed through the market, JMMB Group 5.75% fell 18.5 cents to end at 52 weeks’ low of US$1.615 and closed with an exchange of 4,966 stock units and JMMB Group 6% remained at US$1.07 with 400 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market inches higher

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the market index squeezing out a modest rise as the volume of stocks changing hands declined by 27 percent with a 55 percent lower value than on Friday, resulting in the trading of eightm securities, similar to Friday and ending with prices of three rising, three declining and two ending unchanged.
Some 323,887 shares were traded for US$5,124 compared to 441,233 units at US$11,332 on Friday.
Trading averaged 40,486 units at US$641 compared with 55,154 shares at US$1,417 on Friday, with a month to date average of 35,067 shares at US$1,856 compared to 34,658 units at US$1,947 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 0.34 points to close at 226.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.02 of a cent to 5.18 US cents in an exchange of 3,739 shares, MPC Caribbean Clean Energy fell 3 cents in closing at 55 US cents, with 350 stocks changing hands, Proven Investments ended at 16.9 US cents after trading 2,512 stock units, Sygnus Credit Investments popped 1.48 cents ended at 12.98 US cents in an exchange of 116 units, Sygnus Real Estate Finance USD share increased 2.09 cents to end at 11.09 US cents with a transfer of one stock and Transjamaican Highway rose 0.1 of a cent to 1.3 US cents after a transfer of 316,635 shares.
In the preference segment, JMMB Group 5.75% lost 10 cents in ending at US$1.80 while exchanging 34 stock units and JMMB Group 6% ended at US$1.07 after 500 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Majors rise against dominant fallen prices

Falling stock prices dominated trading activity on the Jamaica Stock Exchange Main Market ended on Monday, but the primary market indices ended taring strongly positive, with prices of 36 securities declining and only 11 rising, leaving 17 ending with unchanged prices, following a moderate decline in trading volume with a 58 percent lower value than on Friday, with trading taking place in 64 securities up from 56 on Friday.
A total of 9,133,162 shares were traded for $33,363,500 compared to 9,818,276 units at $78,748,697 on Friday.
Trading averaged 142,706 shares at $521,305, versus 175,326 shares at $1,406,227 on Friday and month to date, an average of 209,549 units at $1,336,194, compared with 214,582 units at $1,397,550 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 4.97 million shares for 54.5 percent of total volume followed by Wigton Windfarm with 2.21 million units for 24.2 percent of the day’s trade and JMMB Group 7.35% due 2028 with 478,678 units for 5.2 percent market share.
The All Jamaican Composite Index popped 3,640.76 points to 367,371.61, the JSE Main Index gained 2,217.69 points to close at 332,183.18 and the JSE Financial Index increased 1.11 points to close at 75.55.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 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 up to August 2023.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement lost $1.05 to close at $49.95 while exchanging 42,487 shares, Caribbean Producers rose 34 cents to end at $9.39 as investors exchanged 43,347 units, Eppley dropped $5.56 and ended at $31.54 in an exchange of 1,754 stock units, Eppley Caribbean Property Fund dipped $5.70 to close at $38 after 2,935 stocks were traded, Jamaica Broilers popped $1.49 in closing at $36.49 and closed with 28,359 shares being traded, Jamaica Stock Exchange fell 74 cents in closing at $13.10 after a transfer of 209 stock units, JMMB Group declined 30 cents and ended at $30 after exchanging 62,193 units, Kingston Properties shed 50 cents to close at $6.70 with 16,917 stocks changing hands, Margaritaville dipped 49 cents to end at $18.50 after 50 units crossed the market, Massy Holdings declined $2.95 to close at $97.05 in switching ownership of 650 shares, 138 Student Living shed 77 cents to close at $4.90 after investors traded 19,872 stocks, Portland JSX lost $1.23 to end at $10.25 with a transfer of one stock unit, Proven Investments dropped 50 cents to $25.50 after an exchange of 12,700 stocks and Supreme Ventures climbed 50 cents to $27.50 with investors transferring 77,229 shares.
In the preference segment, Productive Business 10.50% preference share gained $59.75 in closing at $1101 after 50 stock units passed through the market, Eppley 5% preference share fell $3.96 in closing at $19.01 with shareholders swapping one unit, Jamaica Public Service 7% dipped $6.95 to close at $79.06, with 374 shares changing hands. Jamaica Public Service 9.5% lost $21 to end at $2979 in trading 6 stock units, JMMB Group 7% preference share advanced 34 cents to $2.11 with 51 stocks crossing the exchange, JMMB Group 7.25% preference share fell 75 cents to $4.25 after 2,085 units crossed the market. 138 Student Living preference share dropped $5.33 to end at $120.17 with 55 shares clearing the market and Productive Business Solutions 9.75% preference share increased $10.69 in closing at $117.63 with shareholders trading just one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks hit JSE USD Market

Declining stocks pressured the Jamaica Stock Exchange US dollar market on Friday, with declining stocks outnumbering those gaining, following a 415 percent rise in the volume of stocks changing hands after 32 percent more funds were pumped into trading than on Thursday. At the close eight securities were traded, similar to Thursday and the market closed with prices of two stocks rising, six declining.
Overall, 441,233 shares were traded for US$11,332 compared with 85,659 units at US$8,596 on Thursday.
Trading averaged 55,154 units at US$1,417 compared to 10,707 shares at US$1,075 on Thursday, with a month to date average of 34,658 shares at US$1,947 compared with 32,985 units at US$1,991 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 10.89 points to 226.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 added 1 cent to end at 11 US cents with a transfer of 70 shares, MPC Caribbean Clean Energy dropped 2 cents to close at 58 US cents while exchanging 1,127 units, Productive Business Solutions declined 19.99 cents to US$1.70, with 110 stocks changing hands, Proven Investments lost 0.1 of a cent in closing at 16.9 US cents with an exchange of 536 stock units, Sygnus Credit Investments rallied 0.5 of a cent to 11.5 US cents with shareholders trading 57 stocks, Sygnus Real Estate Finance USD share shed 2.1 cents to close at 9 US cents in an exchange of 1,700 shares and Transjamaican Highway fell 0.09 of a cent to end at 1.2 US cents, with 432,933 stock units crossing the market.
In the preference segment, JMMB Group 6% dipped 14 cents in closing at US$1.07 as investors exchanged 4,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.