Trading jumped on the Jamaica Stock Exchange US dollar market ended on Friday, to close out the month, with a 145 percent climb in the volume of stocks changing hands but the value declined by 62 percent compared to the total outlay on Thursday, resulting in seven securities traded compared to four on Thursday and ended with two rising, four declining and one ending unchanged.
A total of 2,780,944 shares were traded at US$60,312 compared with 1,133,465 units at US$157,008 on Thursday.
Trading averaged 397,278 units at US$8,616, versus 283,366 shares at US$39,252 on Thursday, with a month to date average of 73,281 shares at US$5,102 compared with 58,059 units at US$4,937 previously. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index declined 3.81 points to conclude trading at 253.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price divided by projected earnings by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three 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 lost 0.62 of one cent in closing at 5.27 US cents after an exchange of 10,122 shares, Margaritaville fell 0.55 of a cent to 10.8 US cents while 15,863 stock units were traded, Productive Business Solutions dipped 3 cents to end at US$1.97 with investors trading 2,019 stocks. Proven Investments slipped 0.75 of a cent to 13.75 US cents after 45,262 units crossed the exchange, Sygnus Credit Investments ended at 9.02 US cents with a transfer of 8,499 shares and Transjamaican Highway popped up by 0.05 of a cent to end at 1.79 US cents with investors trading 2,699,164 units.
In the preference segment, JMMB Group 5.5% gained 29.41 cents in closing at US$1.9848 with an exchange of 15 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for September 2023
Surge in trading for JSE USD Market
Trading jumps on Trinidad Exchange
Trading jumped on Friday over Thursday’s paltry levels at the close of the Trinidad and Tobago Stock Exchange for the week, with the volume of stocks traded rising 220 percent with a value 918 percent more than on Thursday resulting from activity in 20 securities up from 14 on Thursday and ending with six stocks rising, five declining and nine remaining unchanged.
Investors exchanged 147,149 shares for $2,293,679 versus 45,970 stock units at $224,847 on Thursday.
An average of 7,357 units were traded at $114,431 compared to 3,284 shares at $16,061 on Thursday. Trading for the month to date averages 21,948 shares at $198,509 compared to 22,794 units at $203,378 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index gained 0.29 points to end at 1,209.63, the All T&T Index inched 0.01 points higher to 1,853.60, the SME Index remained at 70.47 and the Cross-Listed Index rose 0.08 points to close at 72.87.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68 after an exchange of 101 shares, Ansa McAl popped 1 cent to close at $57.90 after 1,585 units changed hands, Ansa Merchant Bank lost 25 cents to end at $44.25 with a transfer of 500 stocks, First Citizens Group slipped 1 cent to $49.10 in exchanging 25,635 stock units. FirstCaribbean International Bank gained 10 cents and ended at $7 with an exchange of 2,542 stock units, Guardian Media popped 1 cent to close at $2.01 with traders dealing in 307 units, JMMB Group remained at $1.45 as investors traded 21,195 shares. L.J. Williams B share remained at $2.44 with stakeholders exchanging 1,025 shares. Massy Holdings ended at $4.90 with 11,827 stocks changing hands, National Enterprises remained at $3.55 after a transfer of 2,500 stock units, NCB Financial rose 22 cents to end at $2.77 after 9,648 units changed hands. One Caribbean Media skidded 12 cents in closing at $3.70 with investors dealing in 16,659 stocks, Prestige Holdings climbed 50 cents to close at $8.50 after investors ended trading 25,212 stock units, Republic Financial rallied 4 cents and ended at $121.09 in the swapping of 1,029 units, Scotiabank ended at $72.75 with investors trading 1,393 shares. Trinidad & Tobago NGL slipped 1 cent to $12.89, with 12,338 stocks crossing the market, Trinidad Cement ended at $3.14 in switching ownership of 3,000 stock units, Unilever Caribbean shed 1 cent to end at $11.79 after an exchange of 172 shares and West Indian Tobacco remained at $10.20 with 10,286 units clearing the market.
In the preference segment, L.J. Williams ended at $3.79 with shareholders swapping 195 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
Trading plunged on the Trinidad Exchange
Trading plunged on the Trinidad and Tobago Stock Exchange on Thursday, with the volume and the value of stocks trading falling 98 percent respectively compared with Wednesday and resulting from trading in 14 securities compared with 18 on Wednesday, with four stocks rising, two declining and eight remaining unchanged.
Investors exchanged 45,970 shares for $224,847 versus 2,453,475 stock units at $11,762,277 on Wednesday.
An average of 3,284 units were traded at $16,061 compared with 136,304 shares at $653,460 on Wednesday, with trading month to date averaging 22,794 shares at $203,378 compared to 23,619 units at $211,301 on the previous day and favourably with an average trade for August of 14,526 shares at $195,195.
The Composite Index declined 3.24 points to end trading at 1,209.34, the All T&T Index skidded 1.34 points to 1,853.59, the SME Index remained unchanged at 70.47 and the Cross-Listed Index fell 0.74 points to close at 72.79.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Ansa McAl advanced 89 cents to close at $57.89 with stakeholders exchanging 20 shares, Endeavour Holdings ended at $13 in trading 10 stocks, First Citizens Group remained at $49.11 after a transfer of 294 units. GraceKennedy remained at $3.30 with investors exchanging 900 stock units, JMMB Group rose 5 cents to $1.45 after investors traded 10,087 units, Massy Holdings ended at $4.90 with 10,614 stocks being traded. National Flour Mills ended at $1.53, with 6,145 stock units crossing the exchange, NCB Financial fell 35 cents to end at a 52 weeks’ low of $2.55 after an exchange of 10,896 shares, One Caribbean Media remained at $3.82 and closed with 100 stocks changing hands. Point Lisas ended at $3.30 with 1,083 shares clearing the market, Prestige Holdings closed at $8, with 430 stocks crossing the market, Republic Financial dropped 28 cents to close at $121.05 after investors ended trading of 257 units. Trinidad & Tobago NGL climbed 9 cents to $12.90 as 1,074 stock units passed through the market and Unilever Caribbean popped 15 cents in closing at $11.80 with a transfer of 4,060 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.