Trading surged on the Junior Market of the Jamaica Stock Exchange Friday with Mailpac Group leading trading with 50.04 million shares accounting for 50.8 percent of total volume followed by Jamaican Teas with 32.66 million units for 33.2 percent of the day’s trade, Future Energy ended with 10.09 million units for 10.2 percent market share and Spur Tree Spices with 1.84 million units for 1.9 percent of total volume, resulting with the volume of stocks traded surging 3,131 percent, with the value 5,722 percent more than Thursday after trading in 40 securities as was the case on Thursday and ended with 16 rising, nine declining and 15 closing unchanged.
At the close investors traded a solid 98,460,419 shares for $245,339,629 compared with a mere 3,047,673 units at just $4,213,805 on Thursday.
Trading averaged 2,461,510 shares at $6,133,491, compared with 76,192 units at $105,345 on Thursday with the month to date, averaging 301,518 stock units at $692,188 compared with 156,308 stock at $326,386 on the previous day. November closed with an average of 262,280 units at $587,545.
At the close of trading, the Junior Market Index climbed 45.75 points to close at 3,728.14.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around 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, Caribbean Assurance Brokers popped 24 cents to $2.24 after a transfer of just 500 stocks, Caribbean Cream climbed 64 cents to end at $3.64 as investors exchanged a mere 18 units, Dolphin Cove rose 44 cents in closing at $17.14 after 4,684 shares passed through the market. Fosrich rallied 10 cents and ended at $2.40, with 5,551 stock units changing hands, Indies Pharma dropped 10 cents to close at $2.85 with a transfer of 2,500 shares, Iron Rock Insurance increased 49 cents to $2.55 with investors dealing in 2 units. Limners and Bards gained 14 cents in closing at $1.68 in an exchange of 500 stocks, One Great Studio advanced 12 cents and ended at 97 cents with investors transferring 259,498 stock units, Regency Petroleum rose 10 cents to end at $2.30 in an exchange of 36,407 shares. Spur Tree Spices climbed 25 cents to close at $2.50 with 1,844,997 stock units crossing the market and Stationery and Office Supplies popped 11 cents to $1.74 while exchanging 109,880 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for December 2023
Trading picks up on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands surging 2,344 percent valued at 758 percent more than on Thursday and resulting in the trading of six securities, compared to three on Thursday with none rising, one declining and five ending unchanged.
Overall, 159,494 shares were traded, for US$2,742 compared with 6,525 units at US$320 on Thursday.
Trading ended with an average of 26,582 shares for US$457 compared with 2,175 units at US$107 on Thursday. Trading for the month to date averages 28,793 shares at US$1,383 compared to 28,974 units at US$1,459 on the previous day, well off from November, with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dipped 2.03 points to 221.10.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. 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 one with a lower offer.
At the close of trading, Productive Business Solutions ended at US$1.55 in an exchange of 64 shares, Proven Investments remained at 14 US cents with investors transferring 364 units, Sterling Investments ended at 1.58 US cents after an exchange of 8,885 shares. Sygnus Credit Investments remained at 9 US cents with investors swapping 144 stock units and Transjamaican Highway declined 0.05 of a cent to close at 1.6 US cents, with 150,000 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.05 with traders dealing in 37 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pre Christmas rally for Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 196 percent with the value 10 percent lower than on Thursday and resulting in the trading of 15 securities compared with 16 on Thursday, and ended with five stocks rising, three declining and seven remaining unchanged.
Investors exchanged 498,663 shares for $13,047,460 versus 168,184 stock units at $14,467,631 on Thursday.
An average of 33,244 units were traded at $869,831 compared to 10,512 shares at $904,227 on Thursday, with trading month to date averaging 17,478 shares at $265,945 compared with 16,568 units at $231,107 on the previous day, comparing favourably to the average trade for November of 19,241 shares at $227,402.
The Composite Index popped 5.08 points to end at 1,204.34, the All T&T Index advanced 6.49 points to end at 1,797.38, the SME Index dipped 0.23 points to close at 72.62 and the Cross-Listed Index gained 0.50 points to lock up trading at 79.74.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended trading at $68.50 with investors exchanging 4,813 stock units, Angostura Holdings rose $1.95 to finish at $21.94, with 23 shares clearing the market, Ansa McAl lost 6 cents to end trading at $54 with investors dealing in 77 units. CinemaOne fell 5 cents and ended at $7.20 after 243,152 stocks crossed the market, First Citizens Group popped 21 cents to close at $49.21 after investors closed trading with an exchange of 1,193 shares, FirstCaribbean International Bank ended at $7.05 after a transfer of 201 stocks. Guardian Holdings rose 85 cents in closing at $18.25 with investors swapping 12,476 units, Massy Holdings rose 16 cents to end at $4.44 after an exchange of 78,561 stock units, National Enterprises remained at $4.15 with a transfer of 55,390 shares. NCB Financial ended at $3.40 as investors traded 7,123 stocks, Prestige Holdings ended at $9.25 after 141 units passed through the market, Republic Financial shed 16 cents and ended at $122.84 with investors transferring 75,553 stock units. Scotiabank rallied 1 cent to close at $69.99 after an exchange of 9,825 shares, Trinidad & Tobago NGL ended at $10.30 and closed trading with 4,560 stocks changing hands and West Indian Tobacco ended at $9 with traders dealing in 5,575 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on the JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market on Thursday, with 95 percent drop in the volume of stocks changing hands valued 89 percent less than on Wednesday and resulted from trading of just three securities, down from five on Wednesday with one rising, no declining and two ending unchanged.
Investors traded 6,525 shares for US$320 down from 130,502 units at US$2,973 on Wednesday.
Trading ended with an average of 2,175 shares for US$107 compared at 26,100 units at US$595 on Wednesday, with a month to date average of 28,974 stock units for US$1,459 compared to 30,123 units at US$1,517 on the previous day, and down sharply from November that closed with an average of 249,102 units for US$14,204.
The US Denominated Equities Index rallied 4.25 points to end at 223.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments remained at 14 US cents with an exchange of 1,097 stocks and Transjamaican Highway popped 0.09 of a cent to close at 1.65 US cents after 5,354 shares were traded.
In the preference segment, JMMB Group 6% ended at US$1.05 with an exchange of 74 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Ansa Mcal & Republic send TTSE higher
Ansa McAl jumped $2.06, Republic Financial gained 83 cents and NCB Financial rose 40 cents, but a $1.96 drop in the price of Angostura Holdings could not prevent the Trinidad and Tobago Stock Exchange from rising on Thursday, following gains in the prices of seven stocks, after five declined and four remaining unchanged after trading in 16 securities compared with 18 on Wednesday.
Investors exchanged 168,184 shores for $14,467,631 versus 199,721 stock units at $6,925,227 on Wednesday.
At the close on Thursday, an average of 10,512 shares were traded at $904,227 compared to 11,096 stock units at $384,735 on Wednesday. Trading for the month to date averages 16,568 shares at $231,107 compared to 16,965 units at $186,965 on the previous day and the average trade for November of 19,241 shares at $227,402.
The Composite Index climbed 10.24 points to conclude trading at 1,199.26, the All T&T Index advanced 1.84 points to end the day at 1,790.89, the SME Index remained unchanged at 72.85 and the Cross-Listed Index gained 2.69 points to settle at 79.24.
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, Agostini’s climbed 35 cents to a 52 weeks’ high of $68.50 in switching ownership of 100 stock units, Angostura Holdings dropped $1.96 to $19.99 with investors swapping 213 shares, Ansa McAl increased $2.06 to $54.06 with a transfer of 23 units. Ansa Merchant Bank ended at $45.50 after 75 stocks passed through the market, First Citizens ended at $49 with investors trading 5,203 shares, FirstCaribbean International Bank popped 1 cent to close trading at $7.05 after an exchange of 5,240 stocks. GraceKennedy advanced 1 cent in closing at $4.11 with investors trading 1,049 units, Guardian Holdings shed 1 cent to close at $17.40, with 1,114 stock units crossing the market, Massy Holdings declined 7 cents to end at $4.28 after trading 26,620 shares. National Enterprises ended at $4.15 as investors exchanged 4,146 stocks, NCB Financial rose 40 cents to $3.40 in trading 6,135 units, Prestige Holdings rallied 9 cents in closing at $9.25, with 2,751 stock units changing hands. Republic Financial gained 83 cents to end at $123 with an exchange of 113,312 shares, Scotiabank remained at $69.98 with 260 stocks clearing the market, Trinidad & Tobago NGL slipped 2 cents to close at a 52 weeks’ low of $10.30 while exchanging 1,718 units and Unilever Caribbean fell 13 cents to $11.35 and closed with an exchange of 225 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.