Trading ended November with gains on the final trading day as the market closed the month lower than October’s close on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded rising 68 percent but with a 79 percent drop in value than on Wednesday, following trading in 59 securities compared with 55 on Wednesday and closed with prices of 25 rising, 15 declining and 19 ending unchanged.
Trading ended after 16,736,165 shares were traded for $57,402,800 compared to 9,982,907 units at $279,360,313 on Wednesday.
Trading averaged 283,664 shares at $972,929 compared with 181,507 units at $5,079,278 on Wednesday. Trading month to date averaged 275,587 units at $2,488,949 compared with 275,178 units at $2,565,792 on the previous day above October with an average of 214,410 units at $1,325,907.
Wigton Windfarm led trading with 9.16 million shares for 54.8 percent of total volume followed by Transjamaican Highway with 2.94 million units for 17.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.0 million units for 6 percent of the day’s trade.
The All Jamaican Composite Index jumped 2,968.81 points to 349,935.85, the JSE Main Index climbed 1,982.67 points to conclude trading at 315,147.63 and the JSE Financial Index rose 0.40 points to end trading at 68.40.
The Main Market ended trading with an average PE Ratio of 12.7. 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 15 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Eppley Caribbean Property Fund declined $3.50 to close at $36 in an exchange of 434 stocks, First Rock Real Estate increased 80 cents to $7.50 with investors dealing in 1,004 units, JMMB Group fell 99 cents and ended at $25.39 in switching ownership of 125,951 shares. Key Insurance lost 25 cents in closing at $1.95 with traders dealing in 1,446 stock units, Kingston Wharves climbed $1.95 to end at $28.45 after an exchange of 505 shares, Margaritaville dipped 40 cents to $17 after 25 stocks were traded. Massy Holdings rose $1.40 to end at $90 with an exchange of 1,574 units, NCB Financial advanced $1.20 in closing at $69.20 with, 38,317 stock units changing hands, 138 Student Living shed 31 cents to close at $3.91 in trading 12,055 shares. Pan Jamaica popped $3.75 and ended at $49, with 64,091 stock units crossing the exchange, Proven Investments gained 99 cents to close at $23.49 after a transfer of 873 stocks, Seprod rallied $5.79 and ended at $77.89 while exchanging 60,013 units. Supreme Ventures popped 50 cents in closing at $26.50, as 120,308 stocks passed through the market and Wisynco Group rallied 31 cents to close at $20 as investors exchanged 327,965 shares.
In the preference segment, 138 Student Living preference share rose 51 cents to end at $107, with 10,581 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for November 2023
The JSE USD market falls back to earth
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands dropping sharply from Thursday’s robust level, with a 96 percent fall while the value plunged 99 percent, resulting in the trading of five securities, compared to seven on Wednesday with prices of two rising, none declining and three ending unchanged.
A total of 826,627 shares were exchanged for US$14,407 down sharply from 22,289,394 units at US$1,286,713 on Wednesday.
Trading averaged 165,325 units at US$2,881, versus 3,184,199 shares at US$183,816 on Wednesday, with a month to date average of 249,102 shares at US$14,204 compared with 252,426 units at US$14,653 on the previous day, up from October with an average of 47,977 units for US$4,392.
The US Denominated Equities Index lost 0.35 points to conclude trading at 227.86, but ended the month marginally higher than in October.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville gained 0.21 of a cent and ended at 14 US cents with a transfer of just one stock unit, MPC Caribbean Clean Energy ended at 57 US cents after investors exchange 1,185 stocks, Proven Investments ended at 15 US cents after closing with an 686 shares passing through the exchange. Sterling Investments ended at 1.6 US cents in switching ownership of 38,562 stock units and Transjamaican Highway rose 0.13 of a cent to 1.69 US cents with 786,193 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased trading for Trinidad Exchange
Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday and drove the market mildly higher to close November positively, with the volume of stocks traded rising 39 percent with a value 113 percent more than on Wednesday and resulted in the trading of 20 securities compared with 20 on Wednesday, with four stocks rising, eight declining and eight remaining unchanged.
Investors exchanged 176,605 shares for $1,382,075 up from 127,356 stock units at $650,155 on Wednesday.
An average of 8,830 units were traded at $69,104 compared to 6,368 shares at $32,508 on Wednesday, with trading month to date averaging 19,241 shares at $227,402 compared with 19,821 units at $236,222 on the previous day. The average for October amounts to 15,711 shares at $151,451.
The Composite Index rallied 1.09 points to close trading at 1,185.60, the All T&T Index increased 2.12 points to conclude trading at 1,792.10, the SME Index remained at 80.00 and the Cross-Listed Index remained unchanged at 75.11.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $68, with 1,088 units clearing the market, Angostura Holdings ended at $21.50 closed with an exchange of 5 stocks, Calypso Macro Investment Fund ended at $22.76 40 shares crossing the exchange. First Citizens Group fell 1 cent to $49.10 with investors trading 2,766 stocks, FirstCaribbean International Bank ended at $7 after an exchange of 14,148 shares, GraceKennedy shed 5 cents to $4 with investors swapping 13,581 units. Guardian Holdings declined 80 cents to end at $18.10 in trading 1,152 stocks, Guardian Media lost 19 cents and closed at $2.01, with 652 stock units crossing the market, JMMB Group skidded 1 cent to close at a 52 weeks’ low of $1.34 with an exchange of 16,754 shares. L.J. Williams B share ended at $2.26 after investors traded 5 stock units, Massy Holdings rallied 1 cent to $4.45 after an exchange of 62,849 units, National Enterprises rose 1 cent in closing at $3.55, with 631 stocks crossing the market. National Flour Mills dipped 20 cents to end at $1.52 as investors exchanged 4,652 units, NCB Financial rose 15 cents to $3, with 8,617 stocks changing hands, Republic Financial remained at $120 in an exchange of 1,874 shares. Scotiabank ended at $69.90 with traders dealing in 3,998 stock units, Trinidad & Tobago NGL ended at $10.54 while exchanging 315 shares, Trinidad Cement dropped 14 cents to $2.86 in switching ownership of 40,568 units. Unilever Caribbean shed 16 cents to close at $11.29 with investors exchanging 10 stocks and West Indian Tobacco popped 25 cents and ended at $9.25 with a transfer of 2,900 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
First Rock trades 19m shares in JSE USD Market
Trading jumped sharply on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks changing hands surging 16,744 percent valued 15,601 percent more than on Tuesday and resulting with trading of seven securities , compared to three on Tuesday with four rising, no declining and three ending unchanged.
Overall, 22,289,394 shares were traded, for US$1,286,713 compared to 132,328 units at US$8,195 on Tuesday.
Trading averaged 3,184,199 shares at US$183,816 compared with 44,109 shares at US$2,732 on Tuesday, with a month to date average of 252,426 shares at US$14,653 compared with 79,969 units at US$4,702 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 4.45 points to cease trading at 228.23.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 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 inched 0.2 of a cent higher to 4.44 US cents after an exchange of 19,350,000 units, Margaritaville rose 1.79 cent to close at 13.79 US cents after a mere one stock passed through the market, MPC Caribbean Clean Energy ended at 57 US cents with 1,187 shares changing hands, Proven Investments ended at 15 US cents after an exchange of 2,771,930 stock units, Sterling Investments advanced 0.1 of a cent to end at 1.6 US cents after 1,206 shares were traded, Sygnus Credit Investments remained at 8.71 US cents in an exchange of 65,266 units and Transjamaican Highway popped 0.01 of a cent to 1.56 US cents, with 99,804 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on Trinidad Stock Exchange
Trading dropped sharply at the close of the Trinidad and Tobago Stock Exchange on Wednesday, with a 68 percent decline in the volume of stocks traded with the value plunging 95 percent compared with market activity on Tuesday, resulting in trading of 20 securities similar to Tuesday, and ended with prices of six stocks rising, seven declining and seven remaining unchanged.
Investors traded 127,356 shares for $650,155, down sharply from 394,964 stocks at $12,948,709 on Tuesday.
Trading ended with an average of 6,368 shares exchanged for $32,508 compared to 19,748 units at $647,435 on Tuesday. Trading for the month to date ended with an average of 19,821 shares for $236,222 compared with 20,614 stock units at $248,241 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index dipped 5.56 points to wrap-up trading at 1,184.51, the All T&T Index declined 13.99 points to close at 1,789.98, the SME Index remained unchanged at 80.00 and the Cross-Listed Index popped 0.48 points to settle at 75.11.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s rallied 50 cents to close at $68, with 15 stock units passing through the market, Angostura Holdings skidded 64 cents to $21.50 in an exchange of 276 units, Ansa McAl fell $3 to $54 after 92 shares passed through the market. Endeavour Holdings ended at $15 after investors traded 10 stocks, First Citizens Group ended at $49.11 after 1,760 shares were exchanged, FirstCaribbean International Bank closed at $7 after 930 stocks were traded. GraceKennedy popped 15 cents to end at $4.05 with an exchange of 34,757 stock units, Guardian Media advanced 19 cents in closing at $2.20, with 20stock units crossing the market, JMMB Group remained at $1.35 in an exchange of 1,299 shares. L.J. Williams B share remained at $2.26 with investors dealing in 970 stocks, Massy Holdings rose 1 cent to $4.44 after a transfer of 8,005 units, National Enterprises dipped 1 cent to close at $3.54 in trading 67,451 stock units. NCB Financial ended at $2.85 after an exchange of 5,313 shares, One Caribbean Media gained 1 cent and ended at $3.53 with shareholders swapping 400 stock units, Point Lisas lost 4 cents and ended at $3.56 in switching ownership of 10 stocks. Prestige Holdings declined 50 cents to $10, with an exchange of 407 units, Republic Financial shed $1 in closing at $120 with traders dealing in 530 stocks, Scotiabank dipped 10 cents to $69.90 after an exchange of 166 units. Trinidad Cement increased 5 cents and ended at $3 with investors transferring 3,000 shares and Unilever Caribbean ended at $11.45, with 1,945 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.