The Jamaica Stock Exchange Main Market ended with gains in the major market indices rising on Thursday, following a solid 167 percent rise in the volume of stocks traded with a 65 percent jump in value over trading on Wednesday, with trading in 57 securities compared with 51 on Wednesday, and ended with the prices of 19 rising, 27 declining, and 11 ending unchanged.
A total of 16,120,424 shares were traded for $137,525,796 compared to 6,033,114 units at $83,588,030 on Wednesday.
Trading averaged 282,814 shares at $2,412,733 compared with 118,296 stocks at $1,638,981 on Wednesday and month to date, an average of 293,471 units at $2,163,573 compared with 294,080 units at $2,149,357 on the previous day. Trading in June averaged 366,795 units at $6,952,581, including trading in bonds.
Stanley Motta led trading with 5.44 million shares for 33.8 percent of total volume, followed by Sygnus Real Estate Finance with 3.02 million units for 18.7 percent of the day’s trade, JMMB Group 7.35% – 2028 ended with 1.82 million units for 11.3 percent market share, Transjamaican Highway chipped in with 1.48 million units for 9.2 percent of the market trades and Wigton Windfarm with 1.15 million units for 7.1 percent of total volume.
The All Jamaican Composite Index popped 2,392.06 points to 365,690.74, the JSE Main Index gained 2,674.68 points to close at 328,877.60 and the JSE Financial Index rose 0.19 points to settle at 72.14.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for financial years ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints declined 37 cents in closing at $7.60 with a transfer of 121 shares, Caribbean Producers shed 60 cents to close at $10.40 with shareholders swapping 16,046 stocks, First Rock Real Estate lost 58 cents to end at $9.50 with an exchange of 101 stock units, Guardian Holdings dropped $2 to $438. with investors trading 22 units. Jamaica Broilers gained 45 cents in ending at $34.75 after a transfer of 695 shares, Jamaica Producers dipped $1.41 to $19.08 in an exchange of 261,531 stock units, Kingston Properties fell 72 cents to close at $6.77 with stakeholders exchanging 5,150 units, Margaritaville rose 80 cents to $14.80 after an exchange of 3,944 stocks, Massy Holdings popped $2.45 and ended at $101 with 15 units clearing the market, Mayberry Investments climbed 78 cents to $8.80 after exchanging 67 shares, Palace Amusement shed 40 cents ended at $2.05 and closed with an exchange of 15,238 stocks, Proven Investments increased 70 cents to end at $23.25 as investors exchanged 106 stock units. Sagicor Group lost $1 to close at a 52 weeks’ low of $44 with investors transferring 283,656 stocks, Seprod dipped $2.50 to close at $71 with investors trading 974 units and Supreme Ventures advanced 60 cents in closing at $29.10, as 100,722 stock units passed through the market.
In the preference segment, Productive Business 10.50% preference share rallied $150 and ended at $1,250 while exchanging 900 shares, Jamaica Public Service 9.5% increased $97 to $2,900 in an exchange of one unit 138 Student Living preference share fell $9.24 in closing at $78, with 192 shares crossing the exchange, Productive Business Solutions 9.75% preference share gained $1.50 to end at $101.50 in switching ownership of 26 stock units and Transjamaican Highway 8% dropped 62 cents to close at $2.40, with 44,429 stocks changing hands.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for July 2023
Sharp trading jump for JSE USD Market
Trading jumped Thursday on the Jamaica Stock Exchange US dollar market ended, with a 1,155 percent surge in the volume of stocks changing hands following a 1,050 percent jump in value over Wednesday, as trading took place in six securities, compared to five on Wednesday and ended with the price of one rising, two declining and three ending unchanged.
Overall, 1,106,224 shares were traded at US$42,488, up sharply from 88,156 units at US$3,695 on Wednesday.
Trading averaged 184,371 shares at US$7,081 compared with 17,631 units at US$739 on Wednesday, with a month to date average of 91,697 shares at US$2,968 compared with 86,350 units at US$2,730 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index shed 5.25 points to close at 245.28.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ending 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, with 26,240 shares crossing the exchange, Margaritaville ended at 9 US cents, with stakeholders trading 33,987 units, Proven Investments rallied 0.05 of a cent to close at 14.9 US cents with investors exchanging 91,352 stock units. Sygnus Real Estate Finance USD share ended at 10.4 US cents with a transfer of 140 stocks and Transjamaican Highway fell 0.01 of a cent and ended at 1.79 US cents as investors exchanged 945,995 units.
In the preference segment, JMMB Group 6% lost 2 cents to close at US$1.06 after an exchange of 8,510 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs, prices mostly fall on Trinidad Exchange
Trading ended with the volume and value of stocks passing through the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 158 percent and the value 41 percent more than the moderate level of trading on Wednesday, resulting in trading in 20 securities up from 16 on Wednesday and ended with prices of five stocks rising, nine declining and six remaining unchanged.
Investors exchanged 148,353 shares with $1,369,176 versus 57,419 stock units at $973,648 on Wednesday.
An average of 7,418 shares were traded at $68,459 compared to 3,589 shares at $60,853 on Wednesday, with trading month to date averaging 39,680 units at $325,396 compared to 41,540 units at $340,205 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index slipped 2.13 points to 1,252.11, the All T&T Index declined 2.81 points to 1,900.03, the SME Index rose 0.23 points to end at 70.59 and the Cross-Listed Index dipped 0.20 points to conclude trading at 78.20.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.50 after 3,667 shares passed through the market, Angostura Holdings declined 20 cents in closing at $23 after a transfer of just 4 stock units, Ansa Merchant Bank dropped 33 cents to close at $46.67, with 466 stocks crossing the market, Calypso Macro Investment Fund shed 10 cents to close at $21.70 with investors swapping 778 units. CinemaOne gained 20 cents to end at $7.50 with stakeholders trading 27 units, Endeavour Holdings ended at $13 after 9 shares change hands, First Citizens Group rose 1 cent to $49.01 as investors exchanged 865 stocks, FirstCaribbean International Bank rose 2 cents in closing at $7.05 while 5,060 stock units were traded. JMMB Group remained at $1.39, with 3,515 stock units changing hands, L.J. Williams B share ended at $2.70 after exchanging 132 shares, Massy Holdings fell 1 cent and ended at $4.95, with 78,501 units crossing the exchange, National Enterprises lost 12 cents to end at $4 with shareholders swapping 19,536 stocks. National Flour Mills ended at $1.63 after exchanging 40 units, NCB Financial dipped 5 cents to $3.45, with 500 stocks crossing the market, Republic Financial lost 17 cents in closing at $127.83 with a transfer of 42 shares, Scotiabank declined 10 cents in ending at $75.30 after an exchange of 941 stock units. Trinidad & Tobago NGL popped 5 cents in closing at $18 in trading 10,785 shares, Trinidad Cement rallied 20 cents to close at $2.85 with 700 stocks clearing the market, Unilever Caribbean ended at $12.15 closed at 166 units and West Indian Tobacco dipped 3 cents to close at $11.37 in trading 22,619 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading declined on the Jamaica Stock Exchange US dollar market on Wednesday, with a 73 percent decline in the volume of stocks changing hands, with a 70 percent lower value than on Tuesday, resulting in trading in five securities, compared to seven on Tuesday, with two rising and three ending unchanged.
Overall, 88,156 shares were traded for US$3,695 down from 329,260 units at US$12,513 on Tuesday.
Trading averaged 17,631 units at US$739 compared to 47,037 shares at US$1,788 on Tuesday, with a month to date average of 86,350 shares at US$2,730 compared with 89,821 units at US$2,831 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index gained 2.51 points to close at 250.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville ended at 9 US cents, with 24,513 shares changing hands, MPC Caribbean Clean Energy climbed 5.7 cents in closing at 62.7 US cents, with two units crossing the market. Productive Business Solutions ended at US$1.80 while trading 206 stocks, Sterling Investments ended at 2 US cents after an exchange of 10,005 units and Transjamaican Highway rallied 0.17 cents to close at 1.8 US cents with a transfer of 53,430 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops in Trinidad
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded falling 18 percent with moderately more value than on Tuesday, resulting in trading in 16 securities the same as Tuesday, with price of three stocks rising, eight declining and five remaining unchanged.
Investors exchanged 57,419 shares at $973,648 versus 70,137 stock units at $938,525 on Tuesday.
An average of 3,589 units were traded for $60,853 compared to 4,384 shares at $58,658 on Tuesday, with trading month to date averaging 41,540 stock units at $340,205 versus 43,374 units at $353,708 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index fell 0.87 points to finish at 1,254.24, the All T&T Index lost 1.68 points to close at 1,902.84, the SME Index remained at 70.36 and the Cross-Listed Index ended unchanged at 78.40.
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, Agostini’s rose 30 cents close at $68.50 with investors trading 1,592 shares, Calypso Macro Investment Fund popped 30 cents to close at $21.80 after an exchange of 700 stocks, First Citizens Group fell $1 to $49 with an exchange of 1,857 stocks. FirstCaribbean International Bank fell 2 cents to $7.03 with 2,250 units crossing the market, GraceKennedy remained at $3.40 with an exchange of 10,520 units, L.J. Williams B share lost 5 cents in ending at $2.70 with a transfer of 128 stocks. Investors exchanged 17,216 Massy Holdings shares and closed at $4.96, National Enterprises declined 2 cents to close at $4.12, with 218 stock units crossing the exchange, NCB Financial ended at $3.50 after 1,200 shares passed through the exchange. One Caribbean Media remained at $3.82 in switching ownership of 1,200 stocks, Republic Financial dropped 99 cents in closing at $128 in an exchange of 3,663 stock units, Scotiabank dipped 10 cents to $75.40 in trading 876 units. Trinidad & Tobago NGL slipped 1 cent to close at $17.95 with investors transferring 1,628 stocks, Trinidad Cement ended at $2.65 after an exchange of 13,382 stock units, Unilever Caribbean lost 5 cents to end at $12.15, with 689 units clearing the market and West Indian Tobacco increased 10 cents to $11.40 with 300 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.