Trading rises on the JSE USD Market Friday

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 454 percent valued 128 percent more than on Thursday, resulting in six securities being traded, compared to seven on Thursday with three rising, two declining and one ending unchanged.
Overall, 120,088 shares were traded for US$5,287 compared to 21,693 units at US$2,318 on Thursday.
Trading averaged 20,015 units at US$881 versus 3,099 shares at US$331 on Thursday, with a month to date average of 34,382 shares at US$1,245 compared with 35,668 units at US$1,277 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 0.22 points to 239.48.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, MPC Caribbean Clean Energy gained 1 cent to end at 60 US cents while exchanging 11 shares, Proven Investments shed 0.01 of a cent to close at 17.59 US cents in switching ownership of 2,997 stock units, Sterling Investments lost 0.27 of a cent in closing at 1.63 US cents in an exchange of 114,476 units and Transjamaican Highway remained at 1.26 US cents with investors transferring 1,770 stocks.
In the preference segment, Productive Business 9.25% share gained 31 cents to end at US$13.15 in closing at 110 shares and JMMB Group 5.75% rallied 30 cents in closing at US$2 in trading 724 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Depressed trading for Main Market

Trading sank to low levels on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded declining 18 percent and the value 11 percent lower than on Wednesday, resulting in 6,187,825 shares being traded for a mere $24,579,359, from 7,575,200 units at $27,742,615 on Wednesday following trading in 55 securities compared with 59 on Wednesday, and resulting in prices of 19 rising, 19 declining and 17 ending unchanged.
Trading averaged 112,506 shares at $446,897 compared with 128,393 shares at $470,214 on Wednesday and month to date, an average of 206,282 units at $1,356,898, compared with 217,446 units at $1,465,231 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Wigton Windfarm led trading with 3.25 million shares for 52.6 percent of total volume followed by Transjamaican Highway with 1.42 million units for 22.9 percent of the day’s trade, with the stock closing at a 52 weeks’ high and Sagicor Select Financial Fund with 334,064 units for 5.4 percent market share.
The All Jamaican Composite Index jumped 3,407.99 points to finish at 372,122.92, the JSE Main Index slipped 84.16 points to close at 334,483.86 and the JSE Financial Index rose 0.86 points to 76.47.
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 traded prices 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 five with lower offers.
At the close, Barita Investments shed 50 cents in closing at $77 with a transfer of just 2 shares, Caribbean Cement jumped $2.98 and ended at $53 in trading 607 units, GraceKennedy fell 49 cents to end at $77.50 in an exchange of 30,110 stocks, Guardian Holdings dropped $27.99 to close at $472.01 with an exchange of only one stock unit. Jamaica Broilers rallied 53 cents to $37.28 in switching owners for 28,412 stock units, Kingston Wharves dropped $2.47 to end at $30.52, with 1,436 units clearing the market, Margaritaville popped $1.92 in ending at $19 as 34 stocks passed through the market, Massy Holdings dipped $3.50 in closing at $96 with an exchange of one share. 138 Student Living declined 34 cents to $5.01 after 20,642 units crossed the exchange, Proven Investments 39 cents to close at $25.80 after exchanging 41 stock units, Sagicor Group rallied $2.81 to $51 and closed after 1,340 stocks changed hands. Seprod climbed $1.85 and ended at $71.96 after a transfer of 12,501 shares, Sygnus Real Estate Finance increased $1.20 in closing at $13, with 3,775 stocks passing through the market and Wisynco Group fell 38 cents to end at $16.57 trading 111,075 shares.
In the preference segment, Productive Business 10.50% preference share lost $5 to close at $1,215, with 150 stock units changing hands, Jamaica Public Service 7% rose $19.35 to close at $79.35 while exchanging 684 units and Jamaica Public Service 9.5% shed $20 to end at $2980 with investors transferring one stock unit.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rally for the JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 46 percent decline in the volume of stocks changing hands, with a 5 percent greater value than on Wednesday, resulting from trading seven securities, similar to Wednesday with two rising, three declining and two ending unchanged.
Overall, 21,693 shares were traded for US$2,318 compared with 39,854 units at US$2,210 on Wednesday.
Trading averaged 3,099 shares at US$331 versus 5,693 shares at US$316 on Wednesday, with a month to date average of 35,668 shares at US$1,277 compared with 39,468 units at US$1,388 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rallied 5.36 points to 239.70.
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 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 0.01 of a cent to 6.19 US cents after an exchange of 906 shares, Proven Investments ended at 17.6 US cents in trading 2,558 stocks, Sterling Investments rose 0.05 of a cent to end at 1.9 US cents with an exchange of 498 units, Sygnus Credit Investments remained at 10 US cents with 17,600 stock units changing hands, Sygnus Real Estate Finance USD share dipped 0.1 of a cent in closing at 11.9 US cents with shareholders swapping 82 shares and Transjamaican Highway rallied 0.12 of a cent to 1.26 US cents after 30 units changed hands.
In the preference segment, JMMB Group 5.75% lost 30 cents to close at US$1.70, with 19 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading plunges on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 30 percent and the value diving 58 percent lower than on Tuesday, with 59 securities trading compared to 60 on Tuesday, resulting in the prices of  18 rising, 24 declining and 17 ending unchanged.
Only 7,575,200 shares were traded for just $27,742,615 compared with 10,763,695 units at $65,931,590 on Tuesday.
Trading averaged 128,393 shares at $470,214, versus 179,395 shares at $1,098,860 on Tuesday and month to date, an average of 217,446 units at $1,465,231, compared to 230,484 units at $1,610,904 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Wigton Windfarm led trading with 2.80 million shares for 36.9 percent of total volume followed by Sagicor Select Financial Fund with 1.20 million units for 15.8 percent of the day’s trade and Transjamaican Highway with 1.0 million units for 13.2 percent of market share.
The All Jamaican Composite Index fell 511.59 points to 368,714.93, the JSE Main Index popped 437.53 points to finish at 334,568.02 and the JSE Financial Index inched 0.07 points higher to 75.61.
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 between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints increased 49 cents to end at $8.29 and closed with an exchange of 378 shares, Caribbean Cement shed 98 cents in closing at a 52 week’s low of $50.02 after trading 38,022 stocks, Caribbean Producers declined 40 cents to close at $10.10, with 22,647 units crossing the market, Eppley Caribbean Property Fund rose $1 and ended at $41.60 with investors transferring 200 stock units. GraceKennedy rallied 50 cents to $77.99 after a transfer of 6,403 stock units, Guardian Holdings gained $28 to end at $500 while exchanging one stock, Jamaica Stock Exchange advanced 60 cents in closing at $14, with 7,050 shares crossing the exchange, JMMB Group dropped 97 cents to close at $29.02 as investors exchanged 11,918 units. Margaritaville climbed $3.37 in ending at $17.08 with shareholders swapping 750 units, Massy Holdings popped $1.50 to $99.50 as 30,226 units passed through the market, Mayberry Investments dipped 39 cents to close at $7.50, with 13,778 stocks changing hands, Mayberry Jamaican Equities lost 50 cents and ended at $10 with a transfer of 81,450 shares. MPC Caribbean Clean Energy increased $10.75 to end at $83 in trading 25 units, NCB Financial advanced $3 in closing at $75 after an exchange of 28,214 stocks,Proven Investments fell 59 cents to $25.41 in an exchange of 6,630 shares, Sagicor Group dipped $1.19 to close at $48.19 with 8,437 stock units changing hands. Scotia Group popped 50 cents to $35 in switching ownership of 21,437 shares, Seprod lost $1.89 and ended at $70.11 after an exchange of 2,282 units, Stanley Motta dropped $1.20 in closing at $4.95 after shareholders exchanged 153,530 stock units, Supreme Ventures declined 99 cents to end at $27, with 169,524 stocks crossing the market and Wisynco Group rallied 39 cents in closing at $16.95 with 60,885 stock units clearing the market.
In the preference segment, Productive Business 10.50% preference share rose $20 to close at $1220 in an exchange of 100 shares, Eppley 5% preference share fell $4.95 to $18.03, with 39 units changing hands and 138 Student Living preference share gained $17.81 to end at $150, with one stock clearing the market stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market climbs higher

Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday, with a 66 percent fall in the volume of stocks changing hands as the value dropped 89 percent lower than on Tuesday, resulting in the trading of seven securities, compared to five on Tuesday with one rising, three declining and three ending unchanged.
Overall, 39,854 shares were exchanged for US$2,210 compared with 117,602 units at US$19,660 on Tuesday.
Trading averaged 5,693 shares at US$316 compared with 23,520 units at US$3,932 on Tuesday, with a month to date average of 39,468 shares at US$1,388 compared to 43,929 units at US$1,529 on the prior day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 1.02 points to close at 234.34.
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 one with a lower offer.
At the close, Margaritaville ended at 10 US cents with 11,802 shares being traded, MPC Caribbean Clean Energy ended at 59 US cents in swapping 25 stocks, Sterling Investments lost 0.05 of a cent to close at 1.85 US cents, with 15,015 units changing hands, Sygnus Credit Investments rose 0.56 of a cent to 10 US cents after an exchange of 3,248 stock units, Sygnus Real Estate Finance USD share dipped 0.39 of a cent and ended at 12 US cents as 2,763 stocks passed through the market and Transjamaican Highway fell 0.06 of a cent to 1.14 US cents in trading 7,000 units.
In the preference segment, Eppley 6% preference share remained at US$1.40 with an exchange of one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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 USD Market falls

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 718 percent with little change in value compared to Friday, resulting from trading in seven securities, as was the case on Friday. No stock enjoyed a price hike, as four declined and three ended unchanged.
A total of 721,255 shares were exchanged for US$11,383 versus 88,165 units at US$11,398 on Friday.
Trading averaged 103,036 shares at US$1,626 versus 12,595 shares at US$1,628 on Friday. Trading for the month to date averaged 46,055 units at US$1,279 compared with 36,326 units at US$1,220 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 5.57 points to close at 232.19.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio is calculated 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, MPC Caribbean Clean Energy ended at 59 US cents after 75 shares passed through the market, Productive Business Solutions lost 0.01 of a cent in ending at US$1.8999, with investors trading two stocks, Proven Investments ended at 17 US cents with a transfer of 4,829 units. Sygnus Credit Investments declined 0.02 of a cent to end at 9.4 US cents with an exchange of 6,747 stock units and Transjamaican Highway dipped 0.01 of a cent to 1.2 US cents after a transfer of 709,451 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share shed 31 cents to close at US$12.84 in switching ownership of 150 units and Eppley 6% preference share ended at US$1.40 after one stock unit crossed the market.

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.