Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 56 percent valued 78 percent less than the value on Tuesday and resulting in six securities being traded, compared to seven on Tuesday, with one rising, one declining and four ending unchanged.
Overall, 368,630 shares were traded, for US$6,490 compared to 830,053 units at US$28,943 on Tuesday.
Trading averaged 61,438 units at US$1,082, versus 118,579 shares at US$4,135 on Tuesday, with a month to date average of 77,132 shares at US$4,813 compared with 78,103 units at US$5,044 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.95 points to close at 225.90.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy remained at 57 US cents after 635 units passed through the market, 
Proven Investments ended at 15 US cents with investors trading 318 stock units, Sterling Investments ended at 1.7 US cents with investors exchanging 15,000 shares. Sygnus Credit Investments rose 0.29 of a cent to close at 9 US cents with a transfer of 450 stocks and Transjamaican Highway fell 0.13 of a cent and ended at 1.6 US cents with investors exchanging 352,217 shares.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50, with 10 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE US dollar market
Trading plunged on JSE USD Market on Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 86 percent valued 2 percent more than on Thursday, resulting in the trading of six securities, similar to that on Thursday and ended with one rising, three declining and two ending unchanged.
Overall, 31,673 shares were traded, for US$7,572 compared to 218,678 units at US$7,411 on Thursday.
Trading averaged 5,279 units at US$1,262, versus 36,446 shares at US$1,235 on Thursday, with a month to date average of 49,625 shares at US$4,551 compared with 51,979 units at US$4,725 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index rallied 0.42 points to end at 226.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. 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 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, MPC Caribbean Clean Energy dropped 2 cents to end at 54 US cents with 100 units being traded, 
Productive Business Solutions remained at US$1.55 with investors dealing in 155 stocks, Proven Investments fell 0.1 of a cent and ended at 14.5 US cents after 7,336 shares passed through the market. Sygnus Credit Investments skidded 0.3 of a cent in closing at 8.7 US cents with an exchange of 3,334 shares and Transjamaican Highway rose 0.03 of a cent to close at 1.65 US cents, with 17,937 shares clearing the market.
In the preference segment, JMMB Group 5.75% ended at US$2 as investors exchanged 2,811 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main & Junior Market rise on increased trading
Trading picked up on the Jamaica Stock Exchange on Thursday with almost 68 percent more stocks traded compared with Wednesday with 62 percent more funds entering the market, resulting in the JSE USD market declining again moderately as the Junior Market inched just over the 3,900 points mark as the Main Markets jumped to close of trading.
At close, the JSE Combined Market Index jumped 2,806.14 points to 329,996.31, the All Jamaican Composite Index surged 3,669.02 points to settle at 347,821.93, the JSE Main Index rallied 2,954.52 points to 315,397.91 as MPC Clean Energy jumped $9, Seprod climbed $4.74, Pan Jamaica popped $2.10, Wisynco Group gained $1.40 and Caribbean Cement up $1 and declines of more than $1 in Kingston Wharves, Jamaica Stock Exchange and NCB Financial could not seriously negate Thursday’s gains. The Junior Market Index gained 4.83 points to end trading at 3,903.72 and the JSE USD Market Index dipped again by 0.88 points to conclude trading at 230.60.
Investors exchanged 21,058,075 shares in all three markets, up from 12,549,714 stock units on Wednesday. The value of stocks traded rose on the Junior and Main markets to $71.26 million, up from $44.1 million on Wednesday. The JSE USD market ended with 281,542 shares being traded, for US$6,866 compared to 2,973 units at US$15,157 on Wednesday.
In the preference segment, Productive Business Solutions 10.5% preference share jumped $54 and ended at $1,100.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 22.7 on 2022-23 earnings and 11.1 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 successfully navigate numerous 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 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 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 climbs on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 13 percent valued 351 percent more than on Wednesday and resulting in gains for the market following trading of four securities, compared to nine on Wednesday with prices of three rising, one declining.
Overall, 1,133,465 shares were traded, for US$157,008 compared to 1,007,248 units at US$34,775 on Wednesday.
Trading on Thursday ended with an average of 283,366 shares for US$39,252, up from 111,916 units at US$3,864 on Wednesday, with a month to date average of 58,059 shares at US$4,937 compared to 51,844 units at US$3,990 on the previous day and August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index gained 5.02 points to finish at 257.64.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.77 of one cent to end at 5.89 US cents with investors transferring 31,520 shares, MPC Caribbean Clean Energy skidded 6 cents and ended at 54 US cents in switching ownership of 394 stocks, Proven Investments rallied 0.5 of a cent in closing at 14.5 US cents after trading of 1,089,571 stock units and Transjamaican Highway popped 0.04 of a cent to close at 1.74 US cents with an exchange of 11,980 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 151 percent but valued 28 percent less than on Tuesday and resulting in trading of nine securities similar to Tuesday and ended with prices of three rising, four declining and two ending unchanged.
Overall, 1,007,248 shares were traded for US$34,775 compared with 401,339 units at US$48,561 on Tuesday.
Trading averaged 111,916 units at US$3,864 versus 44,593 shares at US$5,396 on Tuesday, with a month to date average of 51,844 shares at US$3,990 compared with 47,869 units at US$3,999 on the previous day and August that ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 1.48 points to close at 252.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share lost 0.68 of one cent to close at 5.12 US cents in an exchange of just one share, Margaritaville skidded 2.67 cents to end at 11.35 US cents after trading of 4,985 stocks, MPC Caribbean Clean Energy popped 5 cents and ended at 60 US cents with a transfer of 2,324 units, Proven Investments remained at 14 US cents with investors transferring 69,713 stock units. 
Sterling Investments shed 0.2 of a cent in closing at 1.7 US cents after an exchange of 11,587 stocks, Sygnus Credit Investments declined 0.05 of a cent to 9.02 US cents after 19,641 stock units were traded, Transjamaican Highway rose 0.08 of a cent in closing at 1.7 US cents with stakeholders exchanging 892,489 units.
In the preference segment, JMMB Group 6% advanced 0.2 of a cent to close at US$1.002, with 6,500 shares crossing the market and Productive Business Solutions 9.25% preference share ended at US$12 as investors exchanged 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading dropped sharply on the Jamaica Stock Exchange US dollar market on Thursday, with a 66 percent fall in the volume of stocks changing hands and the value declining 92 percent compared with Wednesday, resulting from trading in six securities compared to six on Wednesday with two rising, two declining and two ending unchanged.
A total of 73,572 shares were traded for US$2,495 compared to 218,675 units at US$32,659 on Wednesday.
Trading averaged 12,262 units at US$416, versus 36,446 shares at US$5,443 on Wednesday, with a month to date average of 48,662 shares at US$4,051 compared with 50,762 units at US$4,261 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 0.95 points to settle at 255.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville remained at 12 US cents with just 3 shares crossing the exchange, MPC Caribbean Clean Energy slipped 5 cents in closing at 55 US cents and closing with 91 stocks changing hands, Proven Investments rose 0.25 of one cent to end at 14.75 US cents after trading of 3,580 units. Sterling Investments increased 0.01 of a cent and ended at 1.95 US cents crossing the market 3,573 stock units and Transjamaican Highway dipped 0.06 of a cent to close at 1.63 US cents in trading 66,263 stock units
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12 in an exchange of 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Pulled back from record high
The Jamaica Stock Exchange US dollar market pulled back in from the record high of Thursday at the close of trading on Friday, even with a 64 percent rise in the volume of stocks changing hands, with a 157 percent rise in value from Thursday and resulted in nine securities trading, similar to trading on Thursday with five rising, three declining and one ending unchanged.
Overall, 596,504 shares were traded for US$35,632 up from 363,879 units at US$13,846 on Thursday.
Trading averaged 66,278 share at US$3,959 compared to 40,431 shares at US$1,538 on Thursday. The month to date average amounts to 59,096 shares at US$4,870 compared with 58,198 units at US$4,984, the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 2.91 points to close at 255.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 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 popped 1.98 cents to 11.49 US cents with traders dealing in only one share, MPC Caribbean Clean Energy advanced 0.01 of a cent in closing at 54.01 US cents with 1,292 units changing hands, Proven Investments rose 0.1 of a cent to end at 14.9 US cents with 15,057 stock units clearing the market. 
Sterling Investments declined 0.12 of a cent and ended at 1.8 US cents after exchanging 40,000 stocks, Sygnus Credit Investments ended at 9.1 US cents with investors dealing in 6,635 stocks and Transjamaican Highway dipped 0.06 of a cent in closing at 1.62 US cents, with 512,247 stock units crossing the market.
In the preference segment, JMMB Group 5.75% climbed 31.55 cents to close at US$2.2655 in trading 1,265 units, JMMB Group 6% dropped 7 cents to US$1 and closed after trading 19,991 shares and Productive Business Solutions 9.25% preference share gained 50 cents to end at US$12 with stakeholders exchanging 16 units.
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 Wednesday, with the volume of stocks changing hands rising 189 percent, valued 1,194 percent more than in trading on Tuesday and resulted in trading in eight securities, compared to 10 on Tuesday, with four rising, two declining and two ending unchanged.
Overall, 229,429 shares were traded for US$20,421 compared with 79,376 units at US$1,578 on Tuesday.
Trading averaged 28,679 units at US$2,553 versus 7,938 shares at US$158 on Tuesday, with a month to date average of 2,721 units at US$2,461 compared with 33,595 stock units at US$2,442 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index added 1.04 points to close trading at 242.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is calculated based on the last traded price 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 five 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 ended at 4 US cents after a transfer of 2,868 shares, 
Margaritaville dipped 0.44 of a cent to close at 10.9 US cents, with 1,005 stock units crossing the market, MPC Caribbean Clean Energy added 0.1 of a cent to end at 62.8 US cents in an exchange of one unit, Proven Investments advanced 0.3 of a cent to 14.8 US cents with 128,254 stocks clearing the market. Sterling Investments popped 0.21 of a cent in closing at 1.96 US cents while exchanging 7,024 shares, Sygnus Credit Investments remained at 10.89 US cents with shareholders swapping 1,005 units and Transjamaican Highway increased 0.05 of a cent to end at 1.65 US cents after closing with an exchange of 89,229 stock units.
In the preference segment, JMMB Group 5.75% dipped 10 cents in closing at US$1.90 after 43 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 59 percent jump in the volume of stocks changing hands along with a 57 percent rise in the value compared to Monday and resulting in trading in eight securities, compared to five on Monday with the price of three rising, two declining and three ending unchanged.
Overall, 995,788 shares were traded for US$23,655 compared with 628,194 units at US$15,066 on Monday.
Trading averaged 124,474 shares for US$2,957 compared with 125,639 units for US$3,013 on Monday. Trading ended with a month to date average of 108,305 units at US$3,218 compared to 104,501 units at US$3,280 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.45 points to 247.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price 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 two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share increased 0.6 of a cent to 4.4 US cents with stakeholders trading 225 shares, MPC Caribbean Clean Energy climbed 3 cents to close at 63 US cents and closed with an exchange of 13 stock units, 
Productive Business Solutions ended at US$1.80 after exchanging just one stock. Proven Investments remained at 14.6 US cents, with 11,708 units crossing the exchange, Sterling Investments ended at 1.6 US cents with investors trading 279,097 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.8 US cents in trading 699,743 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained US$1.50 and ended at US$13 with a mere one stock being traded and JMMB Group 6% shed 5.98 cents to end at 99.02 US cents in switching ownership of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inches higher
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the market index squeezing out a modest rise as the volume of stocks changing hands declined by 27 percent with a 55 percent lower value than on Friday, resulting in the trading of eightm securities, similar to Friday and ending with prices of three rising, three declining and two ending unchanged.
Some 323,887 shares were traded for US$5,124 compared to 441,233 units at US$11,332 on Friday.
Trading averaged 40,486 units at US$641 compared with 55,154 shares at US$1,417 on Friday, with a month to date average of 35,067 shares at US$1,856 compared to 34,658 units at US$1,947 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 0.34 points to close at 226.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.02 of a cent to 5.18 US cents in an exchange of 3,739 shares, MPC Caribbean Clean Energy fell 3 cents in closing at 55 US cents, with 350 stocks changing hands, Proven Investments ended at 16.9 US cents after trading 2,512 stock units, Sygnus Credit Investments popped 1.48 cents ended at 12.98 US cents in an exchange of 116 units, Sygnus Real Estate Finance USD share increased 2.09 cents to end at 11.09 US cents with a transfer of one stock and Transjamaican Highway rose 0.1 of a cent to 1.3 US cents after a transfer of 316,635 shares.
In the preference segment, JMMB Group 5.75% lost 10 cents in ending at US$1.80 while exchanging 34 stock units and JMMB Group 6% ended at US$1.07 after 500 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
