The Junior Market closed with a big jump of nearly 61 points at the end of trading on the Jamaica Stock Exchange on Tuesday, the Main Market Index popped marginally higher as well as the JSE USD market with trading ended with the number and value of stocks changing hands falling, compared with the previous trading day, resulting in prices of 48 shares rising and 24 declining.
At the close of trading, the JSE Combined Market Index climbed 564.71 points to 331,131.27, the All Jamaican Composite Index rallied 937.75 points to 356,733.97, the JSE Main Index advanced 139.64 points to 318,222.11. The Junior Market Index jumped 60.76 points to 3,740.69 and the JSE USD Market Index rose 0.42 points to 219.10.
At the close of trading, 24,524,466 shares were exchanged in all three markets, down from 58,069,711 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $121.12 million, well below the $253.35 million on the previous trading day and the JSE USD market closed with an exchange of 1,221,116 shares for US$112,024 compared to 3,378 units at US$273 on Monday.
In Main Market activity, Sagicor Select Financial Fund led trading with 3.39 million shares followed by Transjamaican Highway with 1.57 million stock units and Carreras with 1.17 million units.
In Junior Market trading, iCreate led trading with 1.83 million shares followed by Omni Industries with 1.56 million stock units, Jamaican Teas with 1.40 million shares and Fosrich with 1.05 million units.
In the preference segment, Eppley 7.75% preference share climbed $1.42 in closing at $19.99 and 138 Student Living preference share slipped $23.96 to finish at $135.74.
The market’s PE ratio, the most popular measure used to value stocks, ended at 20.4 on 2023-24 earnings and 13.7 times those for 2024-25 at the close of trading. The ICInsider.com PE ratio chart and 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 within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and a more detailed daily charts provide investors with regularly updated information to help decision-making.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 quickly assess the value of stocks based on this measure. 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 of the highest bid and the lowest offer for each company.
Republic Financial jumps $4.49
Republic Financial Holdings surged $4.49 and Guardian Holding was up 44 cents and were the main price movers that pushed the Trinidad and Tobago Stock Exchange higher on Tuesday after trading in 16 securities compared with 18 on Monday and ending with prices of four stocks rising, four declining and eight ending firm following a 78 percent decline in the volume of stocks traded with a 76 percent lower value than on Monday.
Trading ended after an exchange of 105,213 shares being for $1,681,407 compared to 488,364 stock units at $7,094,993 on Monday.
An average of 6,576 shares were traded at $105,088 compared with 27,131 units at $394,166 on Monday, with trading month to date averaging 8,900 shares at $115,322 compared with 9,034 units at $115,914 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index popped 3.00 points to settle at 1,140.87, the All T&T Index increased 7.11 points to 1,704.37, the SME Index remained at 86.99 and the Cross-Listed Index shed 0.19 points to culminate at 75.30.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Ansa McAl ended at $62 with traders dealing in 200 shares, First Citizens Group ended at $42.50 with trading of 3,436 stock units, FirstCaribbean International closed at $6.94 with an exchange of 4,716 shares. GraceKennedy ended at $3.70, with 10 units clearing the market, Guardian Holdings climbed 44 cents to end at $15.69 with investors dealing in 2,000 shares, JMMB Group fell 3 cents to close at $1.25 with a transfer of 14,447 stock units. Massy Holdings popped 1 cent to $4.06 after 39,387 units crossed the exchange, National Enterprises ended at $3.34 with investors trading 5,785 stocks, NCB Financial slipped 1 cent in closing at $3.13 after an exchange of 500 shares. 
One Caribbean Media dipped 1 cent to $3.67 with investors trading 2,000 stocks, Prestige Holdings closed at $12.90 with 805 units changing hands, Republic Financial climbed $4.49 to $116.99, with investors exchanging 8,192 stocks. Scotiabank ended at $65.25 in trading 1,005 shares, Trinidad & Tobago NGL ended at $7 after 6,333 units passed through the market, Unilever Caribbean advanced 5 cents in closing at $11.25 and trading 16,297 stocks and West Indian Tobacco shed 1 cent and ended at $9.99, with 100 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in JSE Main Market value
Rising stocks pushed the Main Market of Jamaica Stock Exchange sharply higher at the close on Monday, with the All Jamaican Composite Index surging 6,573.73 points to 355,796.22, the JSE Main Index jumped 4,806.02 points to 318,082.47 and the JSE Financial Index rose 1.44 points to 67.28, following a 25 percent drop in the volume of stocks traded after an 18 percent decline in value compared to Friday.
Trading ended with an exchange of 60 securities up from 58 on Friday, with prices of 24 stocks rising, 21 declining and 15 ending unchanged.
The market closed with 13,700,341 shares trading for $172,344,664 from 18,284,634 units at $210,425,299 on Friday.
Trading averaged 228,339 shares at $2,872,411 compared with 315,252 units at $3,628,022 on Friday and month to date, an average of 236,916 units at $1,855,942 versus 237,508 units at $1,785,841 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Sagicor Select Financial Fund led trading with 3.75 million shares for 27.4 percent of total volume followed by Wigton Windfarm with 1.94 million units for 14.2 percent of the day’s trade, NCB Financial ended with 1.52 million units for 11.1 percent of market share, Carreras followed with 1.24 million units for 9.1 percent trading and Transjamaican Highway with 1.23 million units for 9 percent of total volume.
The Main Market ended trading with an average PE Ratio of 14.3. 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 2025.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments skidded 71 cents to $71 with traders dealing in 6,001 stock units, Berger Paints jumped $1.28 to $9.28 after trading 1,604 shares, Eppley Caribbean Property Fund rose $5 to close at $42 with investors trading 352 units. First Rock Real Estate climbed 50 cents to $10 after 260,735 stocks were traded, Jamaica Producers rallied $2.50 to finish at $24 with an exchange of 203,434 shares, Jamaica Stock Exchange popped $1 and ended at $ 11 with 538,235 units crossing the market. JMMB Group advanced $3.05 to $25.30 with investors dealing in 615,810 stocks, Kingston Wharves rallied 50 cents and ended at $25.50 after an exchange of 502,908 stock units, Mayberry Group increased 92 cents to finish at $7.98 with investors trading 811 shares. MPC Caribbean Clean Energy lost $16.94 in closing at $83.06 with 5,147 stock units crossing the market,
NCB Financial shed $1.80 to close at a 52 weeks’ low of $55 as investors exchanged 1,516,844 units, with the price coming close to a level of support, but a price as low as $50 may not be out of place, with a PE ratio of 7 times this year’s earnings. Pan Jamaica popped $1 to end at $51, with 79,068 stocks changing hands, Proven Investments fell 50 cents in closing at $19.50 in trading 3,950 shares, Sagicor Real Estate Fund dipped 53 cents to $7.50 after a transfer of 50 units. Seprod rallied $1.50 and ended at $80 with 113,419 stocks clearing the market, Stanley Motta rose 60 cents to finish at $6.50 after an exchange of 5 stock units and Sterling Investments climbed 45 cents to close at $2.40 and closed with 4,125 shares being traded.
In the preference segment, Eppley 7.75% preference share sank $1.42 to end at $18.57 with a transfer of 648 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Puny JSE USD trading
Trading dropped sharply on the Jamaica Stock Exchange US dollar market on Monday, with a 98 percent decline in the volume and value of stocks that changed hand compared with Friday, resulting in trading in four securities, 
down from seven on Friday with prices of two rising and two declining.
The market closed with an exchange of only 3,378 shares for US$273 compared to 181,904 units at US$17,375 on Friday.
Trading averaged 845 units at US$68 versus 25,986 shares at US$2,482 on Friday, with a month to date average of 38,346 shares at US$2,570 compared with 39,846 units at US$2,670 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index increased 0.30 points to close at 218.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
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, Margaritaville popped 0.9 of a cent to close at 8.9 US cents after 895 stock units were traded, Sterling Investments slipped 0.11 of a cent to 1.48 US cents with investors trading just 2 units, Sygnus Credit Investments lost 0.02 of a cent to end at 7.8 US cents with investors exchanging 2,476 shares and Transjamaican Highway gained 0.03 of a cent to finish at 2 US cents with investors swapping 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Derrimon led Junior Market trading
Junior Market trading surged on Monday, at the close of the Jamaica Stock Exchange following a big 31.2 million exchange of shares of Derrimon Trading, leading to a huge 566 percent rise in the volume of stocks traded, with 691 percent more value than Friday resulting from trading in 42 securities compared with 41 on Friday and ending with prices of 14 rising, 20 declining including EduFocal, One Great Studio and Iron Rock Insurance closing at 52 weeks’ low and eight closing unchanged.
Trading closed with an exchange of 44,365,992 shares for $81,000,955 up sharply from 6,661,282 stock units at $10,244,933 on Friday.
Trading averaged 1,056,333 shares at $1,928,594 compared with 162,470 stock units at $249,876 on Friday with the month to date, averaging 256,096 units at $505,047 compared with 200,542 stock units at $406,223 on the previous day and May with an average of 451,257 units at $953,021.
Derrimon Trading led trading with 31.20 million shares for 70.3 percent of total volume followed by One Great Studio with 2.60 million stocks for 5.9 percent of the day’s trade, EduFocal closed with 1.47 million units for 3.3 percent market share, Mailpac Group with 1.19 million stock units for 2.7 percent of trading, Omni Industries was next with 1.02 million units for 2.3 percent of the market and Jamaican Teas with 1.0 million units for 2.3 percent of total volume.
At the close of trading, the Junior Market Index gained 26.53 points to settle at 3,679.93.
The Junior Market ended trading with an average PE Ratio of 12.5, based on last traded prices and earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging fell 40 cents to finish at $2.89 in an exchange of 81,899 shares, Dolla Financial advanced 13 cents and ended at $2.43 after 668,278 stocks were traded, Dolphin Cove dipped 10 cents to $23.20 as investors exchanged 5,852 shares. Express Catering popped 35 cents to close at $4.40, with 15,892 stock units changing hands, Fontana sank 45 cents to end at $8.25 with investors trading 96,691 shares, Future Energy skidded 9 cents in closing at $3.20 after an exchange of 873,633 units. Honey Bun lost 13 cents to $8.17, with 3,525 stocks crossing the market, Image Plus climbed 8 cents to close at $1.89 with investors transferring 15,033 stock units, Iron Rock Insurance slipped 38 cents to end at a 52 weeks’ low of $1.80 in an exchange of 9,000 shares. 
ISP Finance dipped 70 cents in closing at $24.25 with 179 units crossing the market, Jamaican Teas gained 25 cents and ended at $2.45 after an exchange of 1,003,511 stocks, JFP Ltd shed 7 cents to finish at $1.12 with investors dealing in 254,256 stock units. KLE Group gained 19 cents to $2.11 after a transfer of a mere 5 shares, Mailpac Group rose 15 cents to finish at $2.15 with traders dealing in 1,189,207 stock units, Main Event rallied 25 cents and ended at $12.70 in switching ownership of 1,363 stocks. ONE on ONE Educational increased 7 cents to close at 97 cents with an exchange of 793,019 units and Stationery and Office Supplies climbed 7 cents to end at $1.66 with an exchange of 232,161 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Jamaica Stock Exchange
Investors gobbled up more shares during trading on the Jamaica Stock Exchange on Monday, at a modestly higher value than on Friday, with Derrimon Trading accounting for more than 31 million shares valued at just over $60 million. At the close the Main Market rocketed higher, the Junior Market ended with a solid increase in the index and the JSE USD market closed modestly higher, with the number and value of stocks traded, rising over the previous trading day and resulting in prices of 35 shares rising and 38 declining.
At the close of trading on Monday, the JSE Combined Market Index jumped 4,788.42 points to 330,566.56, the All Jamaican Composite Index rocketed 6,573.73 points higher to 355,796.22, the JSE Main Index surged 4,806.02 points to end trading at 318,082.47. The Junior Market Index rose 26.53 points to end at 3,679.93 and the JSE USD Market Index rose 0.31 points to close trading at 218.68.
At the close of trading, 58,069,711 shares were exchanged in all three markets, up from 25,127,820 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $253.35 million, above the $220,67 million on the previous trading day and the JSE USD market closed with an exchange of 3,378 shares for US$273 compared to 181,904 units at US$17,375 on Friday.
In Main Market activity, Sagicor Select Financial Fund led trading with 3.75 million shares followed by Wigton Windfarm with 1.94 million stock units, NCB Financial ended with 1.52 million units, Carreras closed with 1.24 million shares and Transjamaican Highway with 1.23 million units.
In Junior Market trading, Derrimon Trading led trading with 31.20 million shares followed by One Great Studio with 2.60 million stocks, EduFocal ended with 1.47 million units, Mailpac Group was next with 1.19 million stock units, Omni Industries chipped in with 1.02 million shares and Jamaican Teas with 1.0 million units.
In the preference segment, Eppley 7.75% preference share sank $1.42 to end at $18.57.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2023-24 earnings and 13.7 times those for 2024-25 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 within a sector and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Pertinent information is required 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.
The chart should be used in making rational decisions when investing in stocks close to the average for the sector, 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 quickly assess the value of stocks based on this measure. 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 of the highest bid and the lowest offer for each company.
Big ICTOP10 price movements
The past week saw the return to trading of shares in iCreate and Edufocal, with the former enjoying a bounce in price from 43 cents to close at 60 cents, with the latter falling from 85 cents to 65 cents following the release of the 2023 audited accounts that were highly negative for the stock, with the company posting a big annual loss.
In a week when the Junior Market fell 1.72 percent and the Main Market was down 0.97 percent the ICTOP10 stocks ended with declining stocks outnumbering those rising. JSE Main Market had two winners and three losers of note and just two winners and four losers of note in the Junior Market.
The Junior Market ICTOP10 Caribbean Assurance Brokers rose 7 percent to close at $3.80, followed by Lumber Depot with a rise of 4 percent to $2.76. Consolidated Bakeries suffered a big 28 percent fall to $1.55 but had no bids at the close of the market, Caribbean Cream dropped 11 percent to $3.56, Dolla Financial fell 8 percent to $2.30 and Stationery and Office Supplies lost 6 percent to close at $1.59.
In the Main Market, Guardian Holdings was the only stock with note-worthy gains, with an increase of 4 percent to $360. Berger Paints lost 11 percent in closing at $8, JMMB Group fell 8 percent to $22.25 and Margaritaville dipped 6 percent to close at $13.60.
There are no new additions to the ICTOP10 for the week.
The average PE for the JSE Main Market ICTOP 10 stands at 5.1, well below the market average of 13.9 and the Junior Market TOP10 sits at 6.4, just over half of the market, with an average of 12.4.
The Main Market ICTOP10 is projected to gain an average of 303 percent by May 2025, based on 2024 forecasted earnings and providing better values than the Junior Market with the potential to achieve 230 percent over the same period.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 103, with an average of 29 and 19 excluding the highest PE ratios, and a PE of 23 for the top half and 16 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 12 stocks, or 26 percent of the market, with PEs ranging from 15 to 45, averaging 20, well above the market’s average. The average PE for the top half of the market is 17, possibly the lowest fair value measure for stocks currently.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Stocks rise as trading jumps on Trinidad Exchange
Stocks ended higher at the close of the Trinidad and Tobago Stock Exchange on Monday, coinciding with a 494 percent rise in the volume of stocks traded rising valued 471 percent more than on Friday and resulting in the trading of 18 securities the same as Friday and ending with prices of three stocks rising, five declining and 10 ended firm.
The market closed with 488,364 shares changing hands for $7,094,993 up from 82,212 stock units at $1,241,568 on Friday.
Trading ended with an average of 27,131 shares at $394,166 compared with 4,567 units at $68,976 on Friday, with trading month to date averaging 9,034 shares at $115,914 compared with 7,777 units at $96,579 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index rose 3.83 points to end the day at 1,137.87, the All T&T Index popped 4.39 points to wrap up trading at 1,697.26, the SME Index remained at 86.99 and the Cross-Listed Index rallied 0.45 points to conclude trading at 75.49.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s skidded 53 cents to close at $68.25 in an exchange of 284 stock units, Ansa Merchant Bank ended at $41.50 with investors transferring 6 shares, Calypso Macro Investment Fund remained at $24 with 82 units crossing the market. 
First Citizens Group closed with 2,494 stock units changing hands at $42.50, FirstCaribbean International Bank ended at $6.94 after an exchange of 5,267 shares, GraceKennedy rallied 15 cents to $3.70 with investors trading 153,000 stocks. Guardian Holdings fell 44 cents to close at a 52 weeks’ low of $15.25 after traders exchanged 184,990 units, Guardian Media ended at $1.79 with 153 stock units clearing the market, JMMB Group ended at $1.28 as investors traded just 5 shares. Massy Holdings slipped 5 cents in closing at $4.05 after 75,420 stock units were traded, National Enterprises rose 4 cents and ended at $3.34, with 12,075 stocks crossing the exchange, National Flour Mills ended at $2.15 after a transfer of 140 units.
Point Lisas remained at $3.40 after 100 stock units crossed the market, Republic Financial sank $2.49 to finish at $112.50 in an exchange of 5,357 units, Scotiabank dipped 75 cents and ended at $65.25 with investors dealing in 32,951 shares. Trinidad & Tobago NGL closed at $7, with 4,026 stocks changing hands, Trinidad Cement ended at $2.90 with a transfer of 14 shares and Unilever Caribbean climbed 5 cents to close at $11.20 with an exchange of 12,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Declining stocks hit Main Market hard
Declining stocks sent the Jamaica Stock Exchange Main Market sharply lower at the end of trading on Friday, with trading in 58 securities down from 54 on Thursday, with prices of 20 stocks rising, 18 declining and 20 unchanged with the volume of stocks traded rising a 192 percent and the value 331 percent more than on Thursday.
The All Jamaican Composite Index dived 4,210.54 points to 349,222.49, the JSE Main Index dropped by 2,656.40 points to close trading at 313,276.45 and the JSE Financial Index slipped 0.68 points to settle at 65.84.
Trading accounted for 18,284,634 shares for $210,425,299 up sharply from 6,262,498 units at $48,874,680 on Thursday.
Trading averaged 315,252 shares at $3,628,022 compared with 115,972 units at $905,087 on Thursday and month to date, an average of 237,508 units at $1,785,841 compared to 231,955 units at $1,654,256 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Jamaica Producers led trading with 6.64 million shares for 36.3 percent of total volume followed by Sagicor Select Financial Fund with 4.58 million stocks for 25.1 percent of the day’s trade and Transjamaican Highway with 3.25 million units for 17.8 percent of the day’s trade.
The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings projected by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dipped $1.29 to close at $8 with investors trading 15,100 stock units, Caribbean Cement gained 98 cents to end at $62.26 after an exchange of 5,223 shares, Eppley popped $2.45 and ended at $38.95 with investors dealing in 250 stocks. Eppley Caribbean Property Fund fell $5 to end at $37 with 2,975 units clearing the market, GraceKennedy slipped 94 cents to close at $74.06 in an exchange of 52,515 shares, Guardian Holdings rallied $10 to finish at $360 and closed with an exchange of 861 units. Jamaica Broilers rose $1.35 to $33.35, with 1,812 stocks crossing the exchange, Jamaica Stock Exchange climbed 40 cents in closing at $10, with 11,301 stock units changing hands, JMMB Group sank $1.75 to end at a 52 weeks’ closing low of $22.25 in trading 894,112 shares. Kingston Wharves rose 96 cents to finish at $25, with 7,672 stocks crossing the market, 
Margaritaville shed $1.85 and ended at $13.60 in switching ownership of 69 units, Mayberry Jamaican Equities advanced 40 cents to close at $9.52, with 209 stock units crossing the market. MPC Caribbean Clean Energy dropped $8.44 to $100 after a transfer of 107 shares, Pan Jamaica popped $2 to finish at $50 with investors trading 4,020 stocks, Scotia Group lost $2.04 and ended at $42.76 after 116,965 units passed through the market. Stanley Motta declined $1.01 to end at $5.90 as investors exchanged 18 stocks and Sterling Investments skidded 44 cents in closing at $1.95 in trading 22,862 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks closed lower on JSE USD Market
US dollar-denominated stocks closed lower at the end of trading on the Jamaica Stock Exchange ended on Friday, with the volume of stocks exchanged surging 187 percent with a 59 percent lower value than on Thursday, resulting in trading in seven securities, similar to that on Thursday with prices of one rising and six declining.
The market closed with an exchange of 181,904 shares for US$17,375 compared to 63,388 units at US$42,622 on Thursday.
Trading averaged 25,986 units at US$2,482 compared to 9,055 shares at US$6,089 on Thursday, with a month to date average of 39,846 shares at US$2,670 compared with 40,889 units at US$2,684 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index slipped 0.75 points to close at 218.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. 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 one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share skidded 0.5 of a cent and ended at 4 US cents, with 72,261 shares changing hands, Margaritaville fell 1 cent to 8 US cents in an exchange of 1,652 units, Proven Investments slipped 0.5 of a cent to end at 12.5 US cents after just 90 stocks passed through the market.
Sygnus Credit Investments popped 0.8 of a cent in closing at 7.82 US cents after an exchange of 1,000 stock units and Transjamaican Highway lost 0.03 of a cent to finish at 1.97 US cents with 104,147 shares clearing the market.
In the preference segment, JMMB Group 5.75% shed 10 cents to close at US$1.85 with investors swapping 1,892 stock units and Sygnus Credit Investments E8.5% dipped 5 cents to US$10.05 with 862 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
