Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange Monday, with a 136 percent rise in the volume of stocks traded, following a 71 percent jump in value over Friday, with trading in 46 securities compared with 40 on Friday and ending with prices of 16 rising, 20 declining and 10 closing unchanged.
The market closed with trading of 17,393,006 shares for $33,138,784 compared with 7,362,444 units at $19,399,707 on Friday.
Trading averaged 378,109 shares at $720,408, compared with 184,061 units at $484,993 on Friday with the month to date, averaging 287,854 units at $610,913 compared to February with an average of 253,246 units at $637,481.
Derrimon Trading led trading with 11.25 million shares for 64.7 percent of total volume followed by EduFocal with 1.65 million units for 9.5 percent of the day’s trade and ONE on ONE Educational with 712,458 units for 4.1 percent market share.
At the close of trading, the Junior Market Index dipped 14.74 points to conclude trading at 3,833.06.
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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial declined 70 cents to $21.30 in trading 793 stocks, Blue Power rallied 8 cents in closing at $3.23, with 3,834 units crossing the exchange, Cargo Handlers shed 9 cents to close at $14.50, with 208 shares being traded. Consolidated Bakeries popped 14 cents and ended at $2.15 in an exchange of 10,411 stock units, Dolphin Cove increased 79 cents to end at $19.99, with 6,146 shares clearing the market, EduFocal fell 17 cents to a 52 weeks’ low of $1.20 with investors transferring 1,646,439 stocks. Express Catering climbed 15 cents and ended at $3.94 in an exchange of 92,367 units, Fosrich skidded 10 cents to end at $2.12, with 129,108 stock units crossing the market, Honey Bun sank 21 cents in closing at $6.77 after a transfer of 1,957 shares. Indies Pharma dropped 13 cents to close at $2.57 while exchanging 56,033 stock units, ISP Finance rose $3.40 to $31.50 with a transfer of just one stock, Jamaican Teas advanced 25 cents to close at $2.65 after exchanging 5,590 units. Jetcon Corporation gained 8 cents in closing at 99 cents with investors trading 90,875 shares, JFP Ltd lost 12 cents to end at $1.38 in switching ownership of 33,212 stock units, Knutsford Express popped $1.47 and ended at $11.98 as investors exchanged 1,375 stocks. Lasco Distributors advanced 26 cents to $4.46 and closed with an exchange of 22,535 units, Lumber Depot dipped 20 cents and ended at $2.60 with investors swapping 2,032 shares, Mailpac Group fell 16 cents to close at $2.09, with 583,003 stock units crossing the market and Spur Tree Spices rose 20 cents in closing at $2.60 with traders dealing in 16,868 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Archives for March 2024
Trading surges on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with an 886 percent jump in the volume of stocks exchanged after 168 percent more US dollars changed hands than on Friday, resulting in trading in seven securities, compared to eight on Friday with prices of six rising, none declining and one ending unchanged.
The market closed with an exchange of 301,898 shares for US$10,518 compared to just 30,628 units at US$3,928 on Friday.
Trading averaged 43,128 units at US$1,503 versus 3,829 shares at US$491 on Friday, with a month to date average of 22,168 shares at US$963 compared with trading in February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index gained 4.71 points to close at 262.96.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 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 remained at 4.5 US cents in an exchange of 39 stocks, Proven Investments popped 0.55 of one cent to 14.5 US cents with an exchange of 951 units, Sterling Investments rallied 0.29 of a cent to end at 1.99 US cents after 5,019 shares were exchanged. Sygnus Credit Investments rose 0.19 of a cent in closing at 8.99 US cents after 2,780 stocks changed hands and Transjamaican Highway gained 0.13 of a cent to close at 2.24 US cents after an exchange of 291,350 shares.
In the preference segment, JMMB Group US8.5% preference share climbed 0.01 of a cent to US$1.149 with 1,579 units clearing the market and Sygnus Credit Investments E8.5% increased 17 cents to close at US$10.18 with an exchange of 180 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 46 percent valued 31 percent lower than on Friday resulting in 18 securities trading compared with 16 on Friday and ending with prices of four stocks rising, five declining and nine remaining unchanged.
The market closed with an exchange of 168,883 shares at $1,590,292 versus 310,273 stock units at $2,302,568 on Friday.
An average of 9,382 shares were traded at $88,350 compared to 19,392 units at $143,911 on Friday. Trading month to date averaged 14,093 shares at $114,479 compared with an average for February of 21,839 shares at $159,828.
The Composite Index sank 4.68 points to 1,183.58, the All T&T Index dropped 8.46 points to settle at 1,766.89, the SME Index remained at 78.90 and the Cross-Listed Index lost 0.09 points to settle at 78.29.
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 ended at $68.50, with 20 shares crossing the market, Ansa McAl remained at $53 with investors swapping 500 stocks, First Citizens Group ended at $49.21, with 40 shares changing hands. FirstCaribbean International Bank ended at $7.05 in trading 9 stocks, GraceKennedy advanced 1 cent to end at $3.99 after a transfer of 10,000 shares, Guardian Holdings dropped $1 in closing at $17 after trading 5,808 stock units. JMMB Group popped 1 cent to $1.45 with investors dealing in 89,361 units, Massy Holdings fell 5 cents to close at $4.32 in an exchange of 29,543 stocks, National Enterprises ended at $3.90 and closed with an exchange of 1,000 shares. National Flour Mills remained at $2 after an exchange of 468 stock units, One Caribbean Media slipped 20 cents to $3.01 with investors trading 1,395 units, Prestige Holdings ended at $10.50 in switching ownership of 13,024 stocks. Republic Financial shed 99 cents in closing at $119 with traders dealing in 7,702 units, Scotiabank rallied $1.99 to close at $72 after an exchange of 170 stocks, Trinidad & Tobago NGL remained at $9 with a transfer of 9,042 shares. Trinidad Cement remained at $3 as investors exchanged 2 stock units, Unilever Caribbean lost 17 cents in closing at $11.60 with 599 shares clearing the market and West Indian Tobacco increased 20 cents and ended at $9.20 with investors transferring 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 40 percent after 48 percent fewer US dollars changed hands compared with Thursday, resulting in trading in eight securities, compared to seven on Thursday with prices of two rising, four declining and two ending unchanged.
The market closed with an exchange of 30,628 shares for US$3,928 compared with 21,861 units at US$7,612 on Thursday.
Trading averaged 3,829 units at US$491 compared with 3,123 shares at US$1,087 on Thursday, compared with February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 5.26 points to end the day at 258.25.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 none with a lower offer.
At the close, Margaritaville climbed 0.25 of one cent and ended at 12 US cents after a transfer of 300 units, Productive Business Solutions ended at US$1.80 after 104 stocks passed through the market, Proven Investments declined 0.49 of one cent to end at 13.95 US cents in switching ownership of 500 shares. Sterling Investments fell 0.29 of a cent in closing at 1.7 US cents, with 329 stock units crossing the market, Sygnus Credit Investments dropped 0.17 of a cent to close at 8.8 US cents with investors transferring 1,000 shares and Transjamaican Highway rose 0.01 of a cent to 2.11 US cents after trading of 26,564 stocks.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.1489 with an exchange of 1,732 units and Productive Business Solutions 9.25% preference share lost US$1.50 and ended at US$10, with 99 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Positive March open for Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Friday, as it started March positively with the volume of stocks that were traded rising 268 percent valued 157 percent more than on Thursday resulting in 16 securities changing hands compared to 14 on Thursday, and ending with prices of six stocks rising, five declining and five remaining unchanged.
The market closed with an exchange of 310,273 shares for $2,302,568 compared to 84,203 stock units at $896,314 on Thursday.
An average of 19,392 shares were traded at $143,911 compared to 6,015 units at $64,022 on Thursday, compared with an average for February of 21,839 shares at $159,82.
The Composite Index dipped 2.07 points to end at 1,188.26, the All T&T Index shed 5.91 points to wrap up trading at 1,775.35, at the same time, the SME Index was unchanged at 78.90 and the Cross-Listed Index popped 0.29 points to settle at 78.38.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings ended at $20 with investors dealing in 2,880 stock units, Ansa McAl lost $2 to close at $53 in an exchange of 530 shares, Ansa Merchant Bank rose $3 and ended at $45.50 after 50 units passed through the market. First Citizens Group dipped 4 cents in closing at $49.21 in switching ownership of 9,144 stock units, FirstCaribbean International Bank added 1 cent to close at $7.05 while exchanging 980 shares, GraceKennedy ended at $3.98 in trading 185,955 stock units. Guardian Holdings popped 25 cents to end at $18, with 5,826 units crossing the exchange, JMMB Group increased 4 cents in closing at $1.44 with investors transferring 513 stocks, Massy Holdings sank 1 cent and ended at $4.37 in an exchange of 81,918 units. National Enterprises ended at $3.90 after 655 shares passed through the market, National Flour Mills skidded 10 cents to $2 after an exchange of 9,083 stock units, Prestige Holdings rallied 20 cents to $10.50 with investors trading 5,092 stocks. Republic Financial slipped 1 cent to $119.99, with 3,564 units crossing the market, Scotiabank gained 1 cent in closing at $70.01 after 236 shares were traded, Trinidad & Tobago NGL remained at $9 after a transfer of 2,690 stock units and Unilever Caribbean ended at $11.77 as investors exchanged 1,157 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.