JSE Main Market rises Junior Market slips

The Main Market of the Jamaica Stock Exchange rose at the close of trading on Wednesday and the Junior and the USD Markets declined moderately with the volume and value of stocks trading remaining fairly consistent with that on Tuesday.
Trading resulted in an exchange of 18,817,620 shares, up from 17,343,337 units on Monday, valued at $120.2 million, compared with $122.33 million on the previous day. Trading on the JSE USD market resulted in investors exchanging shares traded for US$4,280 versus US$19,925 on Tuesday.
At the close, the Combined Market Index climbed 1,375.51 points to 347,856.59, the  All Jamaican Composite Index rallied 3,460.05 points to 379,290.64, the JSE Main Index gained 1,544.69 points to close at 334,462.13, the Junior Market slipped 3.17 points to 3,905.52 and the JSE US dollar market dipped 1.18 points to end at 232.78.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 13.1 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local 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 investment decisions by 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 put in 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 ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide 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 payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Trading down for JES USD market

Trading dipped on the US dollar market Jamaica Stock Exchange on Tuesday, with a 75 percent fall in the volume of stocks changing hands and leading to a 17 percent drop in value compared to Monday and resulting in nine securities traded, compared to eight on Monday with two rising, four declining and five left unchanged.
Overall, 110,724 shares were traded for US$19,925 down from 441,584 units at US$23,988 on Monday.
Trading averaged 12,303 units at US$2,214 versus 55,198 shares at US$2,999 on Monday, with a month to date average of 35,675 shares at US$2,492 compared with 42,687 units at US$2,575 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.18 points to end at 235.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share remained at 7 US cents, with 1,707 shares changing hands, Productive Business Solutions dipped 1 cent to US$1.90 after trading at 20 stock units, Proven Investments lost 1.49 cents to end at 18.51 US cents in an exchange of 42,342 units. Sterling Investments declined 0.18 of a cent to close at 1.81 US cents, with 1,500 stocks crossing the market, Sygnus Credit Investments USD share climbed 0.02 of a cent in ending at 10 US cents, with 45,232 units passing through the exchange, Sygnus Real Estate Finance USD share ended at 8.5 US cents closed after 5,949 shares changed hands and Transjamaican Highway remained at 0.97 of one US cent with 8,668 stocks clearing the market.
In the preference segmentJMMB Group 5.75% ended at US$2.01 in exchanging 1,300 stock units and JMMB Group 6% rose 8.96 cents to close at US$1.0696 while trading 4,006 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market jumps on Monday

In Monday’s trading on Monday, the market Index rallied 13.69 points to end at 237.13 on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 52 percent valued 15 percent more than on Friday and resulting in eight securities traded, similar to Friday and closed with prices of two rising, three declining and three ending unchanged.
Overall, 441,584 shares were traded for US$23,988 up from 291,324 units at US$20,906 on Friday.
Trading averaged 55,198 units at US$2,999 versus 36,416 shares at US$2,613 on Friday, with a month to date average of 42,687 shares at US$2,575 compared with 38,137 units at US$2,421 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 7 US cents, with 4,725 shares crossing the market, Margaritaville shed 1.1 cents after ending at 13 US cents and finishing with 58 units trading, Productive Business Solutions rose 21 cents to end at US$1.91 with an exchange of 431 stock units. Proven Investments remained at 20 US cents after investors traded 25,700 stocks, Sygnus Real Estate Finance USD share dropped 0.4 cents in closing at 8.5 US cents in switching ownership of 29,283 stocks and Transjamaican Highway increased 0.05 cents in closing at 0.97 US cents after exchanging 369,493 shares.
In the preference segmentJMMB Group 5.75% ended at US$1.7365 as 131 units passed through the market and JMMB Group 6% declined 2 cents to 98 US cents after an exchange of 11,763 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks upon JSE USD market Friday

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Trading picked up steam on the Jamaica Stock Exchange US dollar market on Friday, with a 12 percent rise in the volume of stocks exchanged, leading to a 61 percent jump in value over Thursday, following trading in eight securities, compared to seven on Thursday with five rising, one declining and two ending unchanged.
Overall, 291,324 shares were exchanged for US$20,906 compared with 260,566 units at US$12,989 on Thursday.
Trading averaged 36,416 shares at US$2,613 versus 37,224 shares at US$1,856 on Thursday, with a month to date average of 38,137 shares at US$2,421 compared with 39,121 units at US$2,311 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index rose 0.51 points to 223.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.02 of a cent to end at 7 US cents after 3,283 shares passed through the market, Proven Investments increased 0.84 of one cent in ending at 20 US cents in an exchange of 11,800 stock units, Sygnus Credit Investments USD share advanced 0.47 of a cent to 9.98 US cents after an exchange of 24,718 units. Sygnus Real Estate Finance USD share lost 0.6 of one cent in closing at 8.9 US cents and trading 13,505 stocks and Transjamaican Highway remained at 0.92 of one US cent in an exchange of 230,000 stock units.
In the preference segmentProductive Business 9.25% preference share gained 89 cents to end at US$12 after trading 23 stocks. JMMB Group 5.75% popped 4 cents in closing at US$2.01 with investors transferring 4,215 shares and JMMB Group 6% ended at US$1 with 3,780 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market dips for a second day

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 9 percent and resulting in a 33 percent fall in the value compared to Wednesday, following trading in seven securities, compared with seven on Wednesday with one rising, three declining and three ending unchanged.
Overall, 260,566 shares were traded for US$12,989 compared with 287,125 units at US$19,364 on Wednesday.
Trading averaged 37,224 units at US$1,856 down from 41,018 shares at US$2,766 on Wednesday, with month to date average of 39,121 shares at US$2,311. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index slipped 0.54 points to end at 222.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share dropped 0.02 of a cent in ending at 6.98 US cents after 35,761 shares were traded, Proven Investments lost 0.84 of a cent to end at 19.16 US cents while exchanging 16,700 stock units, Sterling Investments popped 0.18 of a cent in closing at 1.99 US cents as 494 stocks passed through the market. Sygnus Credit Investments USD share ended at 9.51 US cents 16,850 units crossing the market and Transjamaican Highway remained at 0.92 of one US cent with investors exchanging 187,273 stocks.
In the preference segmentEquityline Mortgage Investment preference share fell 3 cents to US$1.64 after a transfer of 488 units and JMMB Group 6% ended at US$1 trading 3,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE USD Market

Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday from Tuesday’s levels with a 74 percent fall in the volume of stocks changing hands with the value declining 48 percent from Tuesday’s level with trading in seven securities compared to eight on Tuesday with the price of one rising, two declining and four ending unchanged.
Overall, 287,125 shares were traded for US$19,364 down from 1,121,685 units at US$37,070 on Tuesday.
Trading averaged 41,018 units at US$2,766 versus 140,211 shares at US$4,634 on Tuesday. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.96 points to end at 223.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 7 US cents as investors exchanged 19,429 shares, Margaritaville dipped 0.07 of a cent ending at 14.1 US cents with two stocks crossing the exchange, Proven Investments ended at 20 US cents after 11,350 units were traded. Sterling Investments popped 0.01 of a cent to close at 1.81 US cents with 63,007 stock units changing hands, Sygnus Credit Investments USD share ended at 9.51 US cents after exchanging 12,385 stock units and Transjamaican Highway lost 0.07 of a cent to 0.92 of one US cent while exchanging 169,103 units.
In the preference segmentJMMB Group 6% ended at US$1 after trading 11,849 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gain for JSEUSD Market

Stocks mostly rose in trading on the Jamaica Stock Exchange US dollar market on Tuesday and resulting in trading in eight securities, compared to 10 on Monday with four rising, two declining and two ending unchanged, following a 96 percent increase in the volume of stocks changing hands but with an 86 percent lower value than on Monday.
Overall, 1,121,685 shares were traded for US$37,070 compared with 571,649 units at US$267,767 on Monday.
Trading averaged 140,211 units at US$4,634 versus 57,165 shares at US$26,777 on Monday, with month to date average of 48,604 shares at US$4,865 compared with 44,293 units at US$4,876 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index gained 6.36 points to end at 225.43.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share declined 0.69 of a cent in closing at 7 US cents with a transfer of 21,828 shares, Productive Business Solutions increased 5 cents to US$1.70 after an exchange of 12,460 stock units, Proven Investments popped 0.01 of a cent to 20 US cents with the swapping of 8,932 stocks. Sterling Investments lost 0.07 of a cent to end at 1.8 US cents with an exchange of 36,993 units, Sygnus Credit Investments USD share rallied 0.01 of a cent to end at 9.51 US cents with an exchange of 20,712 stocks and Transjamaican Highway rose 0.02 of a cent to close at 0.99 of one US cent and closed with an exchange of 1,020,720 shares.
In the preference segmentProductive Business 9.25% preference share remained at US$11.11 in trading 27 stock units and JMMB Group 6% ended at US$1, with 13 units changing hands.

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

Huge jump for JSE USD Market

The JSE USD Equities market had a solid bounce in trading on Monday, with the market index jumping 11 percent with a 20.91 points surge to end at 219.07 following a sharp 3,350 percent surge in monies entering the market on Monday and ended with a 158 percent jump the volume of stocks trading over Friday.
Trading ended with ten securities changing hands, up from six on Friday, with four rising, two declining and four ending unchanged.
Investors traded 571,649 shares for US$267,767 compared with 221,731 units at US$7,760 on Friday.
Trading averaged 57,165 units at US$26,777, up from 36,955 shares at US$1,293 on Friday, with a month to date average of 44,293 shares at US$4,876 compared with 43,489 units at US$3,507 on the previous trading day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share dropped 0.06 of a cent in closing at 7.69 US cents with an exchange of 2,825 shares, Margaritaville rallied 1.85 cents to close at 14.17 US cents, trading 129 units, MPC Caribbean Clean Energy advanced 4 cents to 59 US cents after trading of 3,009 stocks. Productive Business Solutions popped 37.5 cents to end at US$1.65 in trading 110,849 stock units, Proven Investments dipped 0.01 of a cent to 19.99 US cents and closed with an exchange of 450,043 shares and Transjamaican Highway remained at 0.97 of one US cent as investors traded 1,159 units.
In the preference segmentProductive Business 9.25% preference share ended at US$11.11 as four stock units passed through the market, Eppley 6% preference share increased 10.5 cents in closing at US$1.15 after a transfer of 3 stocks, Equityline Mortgage Investment preference share ended at US$1.67 with one stock crossing the exchange and JMMB Group 6% remained at US$1 with a transfer of 3,627 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More decline for the JSE USD Market

Trading fell on Friday on the Jamaica Stock Exchange US dollar market, with the volume of stocks changing hands declining by 47 percent and the value falling by 79 percent compared to Thursday, resulting in six securities traded, compared to nine on Thursday with two rising, one declining and three ending unchanged.
Overall, 221,731 shares were traded for US$7,760 compared with 417,724 units at US$36,261 on Thursday.
Trading averaged 36,955 shares at US$1,293 down from 46,414 units at US$4,029 on Thursday, with month to date average of 43,489 shares at US$3,507 compared with 43,744 units at US$3,593 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index lost 1.30 points to end at 198.16.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share dipped 0.04 of a cent to end at 7.75 US cents in switching ownership of 65 shares, Proven Investments ended at 20 US cents after 1,539 units were traded, Sygnus Credit Investments USD share remained at 9.5 US cents in swapping of 2,125 stocks and Transjamaican Highway advanced 0.06 of a cent to 0.97 of one US cent after a transfer of 212,897 stock units.
In the preference segmentProductive Business 9.25% preference share gained 11 cents in closing at US$11.11, with 19 stocks clearing the market and JMMB Group 6% ended at US$1 in trading 5,086 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 266 percent valued 819 percent more than on Wednesday, after nine securities were traded, compared to eight on Wednesday with three rising, two declining and four ending unchanged.
Overall, 417,724 shares were traded for US$36,261 compared with 114,022 units at US$3,947 on Wednesday.
Trading averaged 46,414 shares at US$4,029 compared with 14,253 units at US$493 on Wednesday, with a month to date average of 43,744 shares for US$3,593 being fairly steady with 43,578 units at US$3,566 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index added 0.37 points to end at 199.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share popped 0.79 of a cent to 7.79 US cents crossing after investors exchanged 400,159 shares, Productive Business Solutions remained at US$1.275 after a transfer of 585 stock units, Proven Investments climbed 0.89 of a cent in closing at 20 US cents after trading 16,499 stocks. Sygnus Credit Investments J$ share ended at 12 US cents, with 180 units crossing the market, Sygnus Credit Investments USD share ended at 9.5 US cents after trading 59 shares and Transjamaican Highway fell 0.04 of a cent to end at 0.91 of one US cents as 76 units changed hands.
In the preference segmentProductive Business 9.25% preference share remained at US$11 after 150 stock units changed hands, Eppley 6% preference share dropped 2.5 cents to US$1.045 with investors transferring 15 stocks and Equityline Mortgage Investment preference share rallied 3 cents to close at US$1.67 after an exchange of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.