Stocks mostly rose at the close of trading on the Junior Market of the Jamaica Stock Exchange on Tuesday, with prices of 23 rising, 11 declining and 12 closing unchanged with nearly all stocks on the market traded result in 46 securities changing hands compared with 47 on Monday, following a 55 percent rise in the volume of stocks traded, with a 65 percent greater value than on Monday and ending with.
The market ended trading on Tuesday with 8,723,426 shares for $24,310,202 up from 5,643,750 stock units at $14,776,971 on Monday.
Trading averaged 189,640 shares at $528,483 compared to 120,080 units at $314,404 on Monday with the month to date, ending with an average of 192,588 units at $469,455 compared with 192,852 stock units at $464,162 on the previous day and January ending with an average of 175,081 units at $401,738.
Future Energy led trading with 2.09 million shares for 24 percent of the total volume followed by Fosrich with 1.13 million units for 13 percent of trading, ONE on ONE Educational ended with 1.02 million units for 11.7 percent market share and Lasco Distributors with 1.02 million units for 11.6 percent of the total volume.
At the close of trading, the Junior Market Index popped 2.07 points to end the day at 3,794.97.
The Junior Market ended trading with an average PE Ratio of 13.1, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rose 8 cents to close at $22.68 as investors traded just one stock, AMG Packaging lost 35 cents to end at $2.74 after a transfer of 5,955 units, Cargo Handlers declined 90 cents to close at $13.10 after investors traded 1,063 shares. Caribbean Assurance Brokers advanced 25 cents to $2.38 after 21,855 stock units passed through the market, Caribbean Cream popped 42 cents to $3.77 with an exchange of 4 shares, Express Catering increased 10 cents to $3.90, with 52,915 units changing hands. Jamaican Teas popped 10 cents in closing at $2.50 with a transfer of 161,220 stocks, 
KLE Group rose 8 cents to $2.47 with investors swapping 178,198 stock units, Lasco Financial sank 11 cents to close at $1.88 in an exchange of 62,675 shares. Lasco Manufacturing rallied 14 cents and ended at $5.09 with investors trading 661,103 stocks, Limners and Bards popped 12 cents to $1.62 after exchanging 12 units, Mailpac Group dipped 16 cents and ended at $2.17 with investors dealing in 141,373 stock units. Main Event climbed 10 cents to close at $14.20 while exchanging 1,595 shares, Medical Disposables rose 8 cents to end at $2.68 after trading 1,262 units and Paramount Trading gained 8 cents in closing at $1.48 in an exchange of 8,330 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bulls prowling around the Jamaica Stock Exchange
The Main Market of the Jamaica Stock Exchange continued its bullish run and gained over 5,000 points in trading on Tuesday as the Junior Market JSE USD market popped moderately higher as trading ended with the number of stocks changing hands along with the value surging sharply over the previous trading day, resulting in prices of 48 shares rising and 29 declining.
At the close of trading, the JSE Combined Market Index climbed 5,205.70 points to 349,700.02, the All Jamaican Composite Index surged 4,271.57 points to 375,594.58, the JSE Main Index jumped 5,531.32 points to 337,438.62. The Junior Market Index rose 2.07 points to 3,794.97 and the JSE USD Market Index increased 3.87 points to settle at 259.55.
At the close of trading, 53,603,621 shares were exchanged in all three markets, up from 31,242,143 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $409.6 million, up from $171.6 million yesterday and the JSE USD market closed with an exchange of 328,443 shares for US$47,111 compared to 610,533 units at US$78,231 on Monday.
Trading in the Main Market was dominated by Transjamaican Highway led trading with 21.31 million shares followed by Wigton Windfarm with 9.22 million units, GraceKennedy was next with 2.78 million stock units, Sagicor Select Financial Fund ended with 2.55 million shares, Wisynco Group closed with 2.41 million units and JMMB Group 7.35% – 2028 with 1.09 million stock units.
In the Junior Market, Future Energy led trading with 2.09 million shares followed by Fosrich with 1.13 million units, ONE on ONE Educational with 1.02 million stock units and Lasco Distributors with 1.02 million shares.
At the close of trading on the Main Market Barita Investments rallied $1.09 to close at $70.99, Berger Paints rose 82 cents to $6.62, Guardian Holdings popped $9 to end at $369, Jamaica Stock Exchange climbed $1 to $10, Kingston Wharves increased $2.53 in closing at $32.70, Massy Holdings gained $6.85 and ended at $96.86, Scotia Group rose $1.40 to close at $47.40, Stanley Motta rallied 99 cents and ended at $6.99, Sygnus Real Estate Finance increased $1.55 to close at $11.40
The major declining Main Market stocks include Jamaica Producers shed $1.02 and ended at $22.08, Mayberry Jamaican Equities sank 85 cents to end at $9.25, MPC Caribbean Clean Energy fell $1 to close at $90, Pan Jamaica lost $3.40 in closing at $48 and Seprod declined $1.21 to end at $82.50.
At the end of Junior Market trading, Caribbean Assurance Brokers advanced 25 cents in closing at $2.38, Caribbean Cream popped 42 cents and ended at $3.77, while AMG Packaging lost 35 cents to $2.74, Cargo Handlers declined 90 cents to end at $13.10.
In the preference segment, Eppley 7.50% preference share fell $1.83 in closing at $5.64 and Productive Business Solutions 9.75% preference share shed $10.65 to $91.01.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 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 picks up on the Trinidad Exchange
Trading picked up on the Trinidad and Tobago Stock Exchange on Tuesday, but it continued to be low with the volume of stocks traded rising 87 percent valued 82 percent more than on Monday with an exchange of 57,378 shares for $1,020,904 compared to 30,617 stock units at $560,883 on Monday and resulting in 20 securities trading compared with 11 on Monday, ending with prices of four stocks rising, eight declining and eight remaining unchanged.
An average of 2,869 shares were traded at $51,045 compared to 2,783 units at $50,989 on Monday. Trading for the month to date averages 13,529 shares at $148,215 compared with 14,829 units at $160,065 on the previous day with an average in January of 15,998 shares at $167,627.
The Composite Index declined 1.10 points to 1,184.29, the All T&T Index dropped 6.13 points to close at 1,771.89, the SME Index ended at 78.23 and the Cross-Listed Index increased 0.60 points to 77.75.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Ansa Merchant Bank ended at $43.25 with investors trading 2,112 stock units, Calypso Macro Investment Fund lost 24 cents to close at $22.51 after 1,200 shares crossed the market, CinemaOne dived 45 cents and ended at $6.45 with investors dealing in 60 units. 
Endeavour Holdings remained at $14.75 after a transfer of 60 stocks, First Citizens Group rallied 11 cents to $49.80 in the swapping of 6,405 shares, FirstCaribbean International Bank ended at $7.05 with investors trading 15,000 stocks. GraceKennedy rose 10 cents to close at $4 in an exchange of 298 units, Guardian Holdings sank 5 cents to end at $18.20 with 400 stock units clearing the market, JMMB Group gained 5 cents in closing at $1.50 after an exchange of 3,019 shares. Massy Holdings remained at $4.30 with traders dealing in 5,550 units, National Enterprises ended at $3.90 as investors exchanged 5,010 stocks, National Flour Mills ended at $2.10, with trading of 1,500 stock units. Point Lisas declined 30 cents in closing at $3.70 after exchanging 300 shares, 
Prestige Holdings ended at $10.25 after 328 stocks passed through the market, Republic Financial rose 1 cent to $120.01 after an exchange of 2,088 units. Scotiabank fell $2.49 to $71 with investors swapping 885 stock units, Trinidad & Tobago NGL dropped 41 cents and ended at $9.02 after closing with an exchange of 5,212 shares, Trinidad Cement remained at $2.87 after 3,701 stock units changed hands. Unilever Caribbean shed 83 cents to close at $11.02 with an exchange of 1,010 units and West Indian Tobacco skidded 24 cents to end at $8.76 in trading 3,240 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Q2 profit climbs 18% at Lasco Distributors
Profit slowed at Lasco Distributors, climbing 18 percent in the third quarter compared the same period in 2022 and 29 percent for the year to December, with profit for the quarter rising to $404 million, from $343 million in the December 2022 quarter, from revenues that grew 8 percent to $7.3 billion from $6.78 billion in 2022. Revenues rose by 11 percent from $19.64 billion for the nine months to December 2022 to $21.9 billion to December 2023, with profits rising a solid 29 percent to $1.2 billion from $930 million in 2022.
Earnings per share for the six months amount to 34 cents, up from 27 cents in the previous year, with the third quarter ending with 11 cents versus 9 cents in 2022. ICInsider.com’s projects earnings of 55 cents per share in the year to March 2024 and 80 cents in 2025, with the stock trading at $4 at a PE of just 7 times 2024 and 5 times 2025 earnings. With the market averaging over 13 times the current year’s earnings, the stock is rated a buy, with good upside price potential.
Other operating income contributed $94.6 million to the quarterly profit in 2023 up from $91 million in 2022 in the December quarter and $206.7 million for the nine months to December, from $161 million in 2022.
Gross profit rose 16 percent in the nine months to $3.96 billion from $3.4 billion in 2022 and grew by 11 percent in the December quarter to $1.32 billion from $1.19 in 2022 with gross profit margin remaining unchanged in the second quarter at 18 percent, but rose to 18 percent in 2023 from 17 percent for the 2022 nine months.
Administrative and other expenses rose 13.6 percent in the third quarter to $909 million from $623 million in the prior year and climbed 11 percent for the year to date, to $2.66 billion from $2.37 billion in 2022. Finance costs rose to $24.7 million in the nine months to December, from just $4 million in 2022.
The last dividend paid to shareholders was 10 cents per share in July 2023.
The company closed the calendar year, with cash and investments of $3.6 billion, with shareholders’ equity of $9.25 billion, with virtually no borrowed funds on hand.
JSE Main Market drops as trading jumps
A total of 22 stocks rose and 22 declined, leaving 16 ending unchanged at the close of trading on the Jamaica Stock Exchange Main Market on Monday, with trading in 60securities compared with 58 on Friday as the market closed with the volume of stocks traded rising 171 percent and the value 148 percent more than on Friday and resulted in the market indices closing lower.
Trading ended with an exchange of 24,989,216 shares for $156,897,201 compared with 9,234,717 stock units at $63,291,889 on Friday.
Trading averaged 416,487 shares at $2,614,953 compared to 159,219 units at $1,091,239 on Friday and month to date, an average of 297,960 stocks at $1,408,053, compared with 286,472 units at $1,291,067 on the previous day and January with an average of 265,804 units at $2,438,118.
Carreras led trading with 10.07 million shares for 40.3 percent of the volume followed by Wigton Windfarm with 7.44 million units for 29.8 percent of the day’s trade, JMMB 9.5% preference share closed with 1.91 million units for 7.6 percent market share and Transjamaican Highway with 1.76 million units for 7.1 percent of the total volume.
The All Jamaican Composite Index skidded 1,953.23 points to end the day at 371,323.01, the JSE Main Index dropped 3,941.08 points to wrap up trading at 331,907.30 and the JSE Financial Index slipped 0.58 points to settle at 71.50.
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 the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments sank $1.50 to end at $69.90 in an exchange of 24,819 shares, Berger Paints skidded 78 cents in closing at $5.80 with investors trading 11,188 stocks, Caribbean Cement rose $2.20 to $59.20, with 10,200 units passing through the exchange. Caribbean Producers rallied 50 cents to $10.14, with 156,924 stocks changing hands, Eppley increased $3.51 and ended at $38.50 after an exchange of 2,304 shares, First Rock Real Estate fell 48 cents to $8.50 and closed with investors exchanging of stock units. Guardian Holdings dropped $10 to close at $360 while exchanging 122 units, Jamaica Producers shed 84 cents in closing at $23.10 in trading 1,676 stock units, Jamaica Stock Exchange declined by 90 cents to $9 with 12,102 shares changing hands. 
Kingston Properties rose 30 cents to $7.30 in switching ownership of 28,055 stocks, Kingston Wharves popped $1.42 to $30.17 with investors trading 13,839 units, Margaritaville fell 48 cents to close at $17 after an exchange of 100 stock units. Massy Holdings dipped $1.49 to close trading 1,086 shares at $90.01, Mayberry Jamaican Equities climbed $1.10 to $10.10 as investors exchanged 216,456 stocks, Stanley Motta sank $1 and ended at $6 after 59,210 units passed through the market. Sygnus Real Estate Finance skidded $1.40 to $9.85 with a transfer of 13,803 stock units and Victoria Mutual Investments lost 30 cents, closing at $2.70 after trading 109,808 shares.
In the preference segment, Eppley 7.50% preference share rallied $1.59 and ended at $7.47 after 540 stocks crossed the market and 138 Student Living preference share rose $5.55 to close at $190 after an exchange of 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jamaica pulled US$3.37B in remittances in 2023
Remittance inflows to Jamaica, ended in 2023 at US$3.37 billion, down two percent compared to total inflows of US$3.44 billion in 2022, and representing the third consecutive year that remittances exceed $3 billion and the fourth since it has come close to $3 billion, in 2020 in hitting a then record high of US$2.9 billion, well above the previous high of US$2.4 billion in 2019.
Remittance inflows for December 2023 declined by 3.6 percent to US$314 million, compared with US$326 million in December 2022. The data was compiled from data released by Bank of Jamaica
Falling stocks dominates Junior Market
Trading closed on Monday, with all stocks being active, except for suspended iCreate at the close of the Junior Market on the Jamaica Stock Exchange, with the volume of stocks traded rising 32 percent following a 30 percent rise in the value compared to Friday with trading in 47 securities up from 42 on Friday and ending with prices of 13 rising, 24 declining and 10 closing unchanged.
Trading closed on Monday after 5,643,750 shares were exchanged for $14,776,971 up from 4,262,868 units at $11,405,667 on Friday.
Trading averaged 120,080 shares at $314,404, compared with 101,497 units at $271,563 on Friday with the month to date, averaging 192,852 units at $464,162 compared with 200,192 stock units at $479,266 on the previous day and January with an average of 175,081 units at $401,738.
Stationery and Office Supplies was the traded stock with 1.46 million shares followed by Regency Petroleum with 685,156 units and Image Plus with 493,784 units for 8.7 percent market share.
At the close of trading, the Junior Market Index dipped 19.99 points to end at 3,792.90.
The Junior Market ended trading with an average PE Ratio of 13, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging climbed 9 cents to end at $3.09 in switching ownership of 15,563 shares, Blue Power declined 50 cents in closing at $2.85 after an exchange of 434 units, CAC 2000 rose 30 cents to $4.51, after hitting a 52 weeks’ intraday low of $3.02 with investors dealing in just 4 shares. Cargo Handlers shed 59 cents and ended at $14 after 713 stocks passed through the market, Caribbean Assurance Brokers lost 27 cents in closing at $2.13 with investors swapping 64,750 shares, Caribbean Cream skidded 55 cents to $3.35 in an exchange of 100,615 stocks. Consolidated Bakeries advanced 22 cents to close at $2.20 after trading 61 units, Dolphin Cove fell 47 cents to $18.50 while exchanging 862 stock units, Express Catering sank 19 cents to $3.80 with a transfer of 148,713 shares. Fontana dipped 25 cents and ended at $10 as investors exchanged 297,440 stock units, Honey Bun dropped 24 cents to $6.45, with 2,369 stocks crossing the market, ISP Finance popped $5.98 to end at $31 after exchanging 1,978 units. 
Lasco Distributors fell 13 cents in closing at $3.87 after 18,025 stocks crossed the market, Lasco Financial increased 14 cents to close at $1.99 in an exchange of 1,296 units, Limners and Bards sank 12 cents and ended at $1.50 with investors transferring 5,295 shares. Lumber Depot rallied 15 cents to $2.45 and closed after investors traded 1,165 stock units, Main Event dipped 66 cents to end at $14.10 with investors trading 4,053 shares, Medical Disposables lost 10 cents in closing at $2.60 with an exchange of 10 units. Paramount Trading gained 13 cents to close at $1.40 with 5,607 stocks clearing the market and Stationery and Office Supplies skidded 19 cents and ended at $1.61 with traders dealing in 1,463,420 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Jamaica Stock Exchange
Trading climbed sharply on the Jamaica Stock Exchange on Monday with trading in the Main Market dominating the volume and value of stocks that were exchanged and resulted in the Main and Junior Markets declining but the JSE USD market inched moderately higher as trading ended with the value and the number of stocks changing hands rising sharply over the previous trading day, resulting in prices of 29 shares rising and 46 declining.
At the close of trading, the JSE Combined Market Index dropped 3,871.23 points to 344,494.32, the All Jamaican Composite Index shed 1,953.23 points to end at 371,323.01, the JSE Main Index dived 3,941.08 points to 331,907.30. The Junior Market Index dipped 19.99 points to culminate at 3,792.90 and the JSE USD Market Index rallied 1.67 points to end the day at 255.68.
At the close of trading, 31,242,143 shares were exchanged in all three markets, up from 13,676,383 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $171.6 million, up from $74.93, million yesterday and the JSE USD market closed with an exchange of 610,533 shares for US$78,231 up from 178,798 units at US$56,398 on Friday.
Trading in the Main Market was dominated by Carreras led trading with 10.07 million shares followed by Wigton Windfarm with 7.44 million stock units, JMMB 9.5% preference share with 1.91 million stocks and Transjamaican Highway with 1.76 million shares.
In the Junior Market, Stationery and Office Supplies led trading with 1.46 million shares followed by Regency Petroleum with 685,156 units and Image Plus with 493,784 stocks.
At the close of trading on the Main Market, Barita Investments sank $1.50 to $69.90, Caribbean Cement rose $2.20 to $59.20, Eppley increased $3.51 and ended at $38.50, Kingston Wharves gained $1.42 to $30.17, Mayberry Jamaican Equities advanced $1.10 to end at $10.10, but Guardian Holdings dropped $10 to close at $360, Jamaica Producers shed 84 cents in closing at $23.10, Jamaica Stock Exchange declined 90 cents and ended at $9, Massy Holdings dipped $1.49 in closing at $90.01, Stanley Motta sank $1 and ended at $6 and Sygnus Real Estate Finance skidded $1.40 to close at $9.85.
At the end of Junior Market trading, Blue Power declined 50 cents in closing at $2.85, CAC 2000 rose 30 cents to $4.51, Consolidated Bakeries advanced 22 cents to close at $2.20 and ISP Finance popped $5.98 to end at $31. At the close Blue Power declined 50 cents to $2.85, Cargo Handlers shed 59 cents and ended at $14, Caribbean Assurance Brokers lost 27 cents to close at $2.13, Caribbean Cream skidded 55 cents to $3.35, Express Catering sank 19 cents in closing at $3.80, Fontana dipped 25 cents and ended at $10, Honey Bun dropped 24 cents to $6.45, Main Event dipped 66 cents to end at $14.10 and Stationery and Office Supplies skidded 19 cents to $1.61.
In the preference segment, Eppley 7.50% preference share rallied $1.59 and ended at $7.47 and 138 Student Living preference share rose $5.55 to close at $190.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.9 on 2022-23 earnings and 14.3 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.
Trinidad Exchange gains with miniscule trades
Stocks closed higher on the Trinidad and Tobago Stock Exchange on Monday, following trading activity in 11 securities down from 17 on Friday and ending with prices of four rising, one declining and six remaining unchanged following a sharp 92 percent decline in the volume of stocks traded as the value plunged 91 percent from trading on Friday.
The market closed with an exchange of 30,617 shares for $560,883 compared to 369,644 stock units at $6,055,169 on Friday.
An average of 2,783 shares were traded at $50,989 compared to 21,744 stock units at $356,186 on Friday, with trading month to date averaging 14,829 shares at $160,065 compared with 15,695 units at $167,906 on the previous day and an average for January of 15,998 shares at $167,627.
The Composite Index gained 3.26 points to end the day at 1,185.39, the All T&T Index increased 6.31 points to close at 1,778.02, the SME Index remained at 78.23 and the Cross-Listed Index ended 
unchanged at 77.15, but the market closed with a negative sentiment as seen from the Investor’s Choice bid-offer indicator with five stocks ending with bids higher than their last selling prices and eight with lower offers, suggesting the majority of stocks are set to fall on Tuesday.
At close of trading, Calypso Macro Investment Fund popped 25 cents to end at $22.75 with investors dealing in 5 units, First Citizens Group ended at $49.69 after 2,155 stocks were traded, FirstCaribbean International Bank remained at $7.05 and closed with aa exchange of 220 shares. Massy Holdings gained 5 cents and ended at $4.30, with 16,021 stocks changing hands, National Enterprises ended at $3.90 with investors trading 7,152 shares, 
National Flour Mills remained at $2.10 in switching ownership of just one stock unit. Prestige Holdings declined 25 cents and ended at $10.25 with investors transferring 500 units, Republic Financial remained at $120 in an exchange of 1,635 stock units, Scotiabank rose 74 cents to $73.49, with 1,989 units crossing the market. Trinidad & Tobago NGL advanced 3 cents to end at $9.43 with a transfer of 918 shares and Unilever Caribbean ended at $11.85 in trading 21 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant trading for JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks traded rising 241 percent after 39 percent more dollars changed compared to Friday, resulting in trading in nine securities, compared to 10 on Friday with prices of three rising, two declining and four ending unchanged.
The market closed with trading in 610,533 shares for US$78,231 up from 178,798 units at US$56,398 on Friday.
Trading averaged 67,837 units at US$8,692 up from 17,880 shares at US$5,640 on Friday, with a month to date average of 53,788 shares at US$7,011 compared with 52,146 units at US$6,815 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 increased 1.67 points to close at 255.68, up 10.7 percent for the year to date.
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 two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.7 US cents with a transfer of 5,635 stock units, Proven Investments ended at 14.5 US cents as investors exchanged 455,584 shares, Sterling Investments ended at 1.7 US cents, with 2,000 stocks crossing the market. 
Sygnus Credit Investments climbed 0.3 of a cent in closing at 8.8 US cents with investors trading 3,085 units, Sygnus Real Estate Finance USD share declined 0.8 of one cent to 7.2 US cents with 56,900 shares clearing the market and Transjamaican Highway rose 0.14 of a cent to 2.05 US cents with traders dealing in 86,318 stock units.
In the preference segment, JMMB Group 5.75% advanced 26 cents in closing at US$1.81 in exchanging 577 units, Productive Business Solutions 9.25% preference share ended at US$11.05 with investors transferring 423 stocks and Sygnus Credit Investments E8.5% fell 72 cents to end at US$11.02 in switching ownership of 11 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
