The Jamaica Stock Exchange, US dollar market, closed on Tuesday, with modest trading as just four securities changed hands. Trading resulted in only 4,926 shares valued at US$4,838 trading as the recently listed Trans Jamaica Highway that traded recently in mostly large volumes exchanged just 10,004 shares at the close.
Market activity closed with no stock rising, while three declined and one closed trading unchanged. The volume of shares traded fell to 34,926 units with a value of US$4,838, in contrast to 4,049,404 units for US$90,280 on Monday. At the close, the market fell by 1.58 points to 204.81, taking the year to date loss to 9.5 percent, less than half of the losses in the Main and Junior markets. The PE ratio of the market closed with an average of 13.9 times 2020 earnings.
Margaritaville exchanged 4,397 units to close at 20.1 US cents, after falling 3.9 cents, Proven Investments shed half of a cent to close at 25.5 US cents, with 7,325 units changing hands. Sygnus Credit Investments transferred 13,200 units at 15 US cents and Trans Jamaican Highway ended at 1.06 US cents, with a loss of 0.01 of a cent after trading 10,004 stock units.
JSE US dollar market in modest trading
JSE US dollar market slips
The JSE US dollar market slipped in trading on Monday with five securities crossed the exchange with prices of two declining and two stocks rising as Trans Jamaica Highway continues to trade in large volumes.
The JSE US dollar market has held up reasonably well in trading recently against the background of major fall in the JSE Main Market.
At the close of trading, the volume of stocks climbed to 4,049,404 units with a value of US$90,280, in contrast to 827,966 units for US$86,577 on Friday. At the close, the market lost 0.84 points to end at 206.39, with the PE ratio of the market closing with an average of 14.2 times 2020 earnings.
In trading, First Rock Capital lost 1 cent to close at 8.1 US cents, after trading 8,900 units, Proven Investments declined by 1 cent and ended at 26 US cents after exchanging 175,138 shares. Sygnus Credit Investments swapped 19,666 units at 15 US cents and Trans Jamaican Highway, which accounted for 95 percent of the market’s volume, traded 3,845,700 and rose 0.1 of a cent to close at 1.07 US cents.
JSE US market slipped moderately
The Jamaica Stock Exchange, US dollar market Index, lost 1.47 points to close at 207.23 with five securities changing hands. At the close of trading, the PE ratio of the market was an average of 14.3 times 2020 earnings.
The market closed with three stocks rising and two declining. The volume of stocks passing through the market rose to 827,966 shares valued at US$14,632 compared to 651,114 shares valued at US$42,388 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling prices and one with a lower offer.
Market activity resulted in, accounting for 651,114 units traded with a value of US$36,182, in contrast to 486,504 units for US$42,388 on Wednesday.
In trading, First Rock Capital rose by 0.1 of a cent to end at 9.1 US cents, after 27,143 stock units crossed the exchange, Proven Investments exchanged 274,694 shares with a rise of one cent to close at 27 US cents. Sygnus Credit Investments shed 1.5 cents to end at 15 US cents, in swapping 21,500 units and Trans Jamaican Highway fell 0.07 of a cent in accounting for 60 percent of the day’s volume ended with an exchange of 500,00 shares at 1 US cent. In the preference section, JMMB Group 6% traded just 629 shares to close at US$1.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market jumps over 3%
The Jamaica Stock Exchange, US dollar market, rose by 3.2 percent with the market index climbing 6.44 points to close at 208.70, with the year to date decline being 7.7 percent. At the close of trading, the PE ratio of the market was an average of 14.5 times 2020 earnings.
Market activity resulted in five securities changing hands, accounting for 651,114 units traded with a value of US$36,182, in contrast to 486,504 units for US$42,388 on Wednesday.
In trading activity, First Rock Capital rose by 0.9 of a cent to end at 9 US cents, after 4,100 stock units crossed the exchange, Proven Investments exchanged 114,693 shares at 26 US cents, Sterling Investments rose half a cent to 2.5 US cents after trading 10,000 units. Sygnus Credit Investments climbed 4.5 cents higher to 16.5 US cents in swapping 1,000 units and Trans Jamaican Highway in accounting for 80 percent of the day’s volume ended with an exchange of 521,321 shares at 1.07 US cents.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US$ market drops 12% in March
The Jamaica Stock Exchange US dollar market advanced by 4.44 points to close at 201.77 and ended March with a loss of 12 percent in the month and 10.8 percent for the year to date.
Market activity resulted in six securities changing hands, accounting for 7,448,842 units having a value of US$122,863, in contrast to 3,646,138 units for US$59,981 on Monday. The PE ratio of the market close with an average of12 times 2020 earnings.
The market had one new listing during the month with Trans Jamaican Highway started trading on March 24, following a successful IPO and it has dominated the daily traded volume ever since. Trans Jamaican stock led trading on the JSE US dollar market, accounting for 97.4 percent of the day’s volume.
At the close of trading, Infrequent trader, Equityline Mortgage Investments fell 2 cents to finish at 52 weeks’ low of US$1.99, with an exchange of 197 units. First Rock Capital rose 1 cent and closed at 8 US cents, in transferring 4,045 units, JMMB Group 5.75% preference share gained 1 cent trading 275 units to end at US$2.13. Proven Investments ended at 27 US cents, with a gain of 1 cent in swapping 186,681 shares, Sygnus Credit Investments closed at 12 US cents, with 2,467 units changing hands and Trans Jamaican Highway shed 0.3 of a cent to end at 1.02 US cents, with 7,255,177 shares crossing the exchange.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
Trans Jamaica at record close in US market
Jamaica Stock Exchange.
Newly listed Trans Jamaican Highway inched higher by half a cent to close at a record high of 1.05 US cents after being the dominant stock in trading on the JSE US dollar market on Monday and accounting for 97.5 percent of the day’s volume.
Market activity resulted in five securities changing hands, accounting for 3,646,138 units traded with a value of US$59,981, in contrast to 2,129,328 units for US$64,366 on Friday. At the close, the market fell by 0.20 points to close at 197.33 to be down by 12.8 percent for the year to date.
In trading First Rock Capital closed at 7 US cents, with a loss of 1.4 cents after exchanging 25,000 units, JMMB Group 5.75% preference share shed 3 cents in transferring 5,000 units to end at US$2.12. Proven Investments gained 2 cents to end at 25.99 US cents, after trading 36,328 shares, Sygnus Credit Investments closed at 12 US cents, with 23,685 units changing hands. Trans Jamaican Highway rose by 0.1 of a cent to close ahead of the initial public offer price at 1.05 US cents, with an exchange of 3,556,125 shares. Trans Jamaican Highway closed with bids to buy 874,977 shares at one US cent each, 2 with offers to sell 446,893 units at 1.05 US cents.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market ends week quietly
JSE US dollar market ends week quietly as two stocks recorded price changes. The new listing at the start of the week Trans Jamaican Highway dominated trading from its listing on Tuesday. It continued its dominance of the JSE US dollar market on Friday, accounting for 92.6 percent of the day’s volume, with the price remaining unchanged at the close.
At the close of trading, five securities changed hands, accounting for 2,129,328 units exchange for a value of US$64,366, in contrast to 5,389,685 units for $89,826 on Thursday. The market Index advanced 0.60 points to close at 197.53, with a loss of 12.7 percent for the year to date. The average PE ratio for US dollar-listed stocks is 20.7 times 2019 earnings but with the typical average being just under 14 when excluding the large ones.
In Trading, First Rock Capital shed 0.6 of a cent in trading 37,750 units to finish at 8.4 US cents, JMMB Group 6% preference share traded 15,000 units at US$1, Proven Investments ended at 24 US cents, with 83,966 shares changing hands. Sygnus Credit Investments fell 1 cent to close at 12 US cents, after swapping 33,122 units and Trans Jamaican Highway exchanged 2,129,328 units and closed at the listing price of 1 US cent but traded at an all-time intraday high of 1.09 US cents.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
Trans Jamaica holds 97% of JSE US market
Trans Jamaican Highway is once more the most dominant traded stock in the Jamaica Stock Exchange US dollar market on Thursday, accounting for 97 percent of the day’s volume, just a fraction up on Wednesday’s level of 96.6 percent of the total volume traded.
Trading resulted in five securities changing hands accounting for 5,389,685 units crossing the exchange for US$89,826. At the close, the market advanced 9.58 points to close at 196.93 to be down 13 percent for the year to date.
In trading, First Rock Capital exchanged 12,089 units at 9 US cents, Productive Business Solutions gained 7 cents to end at 77 US cents, with 377 units changing hands, Proven Investments had 150,000 shares crossing the exchange at 24 US cents. Sygnus Credit Investments closed at 13 US cents after exchanging 1,600 units and Trans Jamaican Highway rose 0.1 of a cent to close at 1 US cent, in trading 5,225,619 units.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
Trans Jamaica dominates JSE US market
A leg of Highway 2000
Newly listed Trans Jamaican Highway continued to dominate trading in the US dollar market on Wednesday accounting for 96.6 percent of the total volume of 5,292,251 units for $93,450.
The US market index advanced 2.49 points to close at 187.35 after seven securities traded. First Rock Capital closed at 9 US cents, after gaining 0.6 of a cent in exchanging 8,982 units, JMMB Group 5.75% preference share rose 3 cents to close at US$2.15, with 2,165 units changing hands, JMMB Group 6% traded 2,821 shares at US$1. Productive Business Solutions shed 4 cents to end at 70 US cents with 123 units changing hands, Proven Investments gained half of a cent in trading 166,378 and closed at 24 US cents, Sygnus Credit Investments rose by 1 cent exchanging 107 units and closed at 13 US cents and Trans Jamaican Highway traded 5,111,675 shares at 0.09 of one US cent.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
Trans Jamaica dominates US trading
Trans Jamaica Highway commenced trading in the US dollar market having been listed at the start of trading and dominated market activity 86 percent of the day’s volume.
At the close of trading, the US dollar market ended with 2,713,918 units for $94,890 with the market declining 15.09 points to close at 184.86. First Rock Capital lost 0.6 of a cent to close at 8.4 US cents, with an exchange of 8,880 units, JMMB Group 6% preference share lost 1 cent to close at US$1, with 479 stock units changing hands, Margaritaville traded 100 shares at 24 US cents. Proven Investments shed 1.5 cents in swapping 332,924 units and closed at 23.5 US cents, Sterling Investments lost half of a cent in trading 32,300 stock units and closed at 2 US cents. Sygnus Credit Investments traded 6,264 units 12 US cents and Trans Jamaican Highway shed .001 of a cent in transferring 2,332,971 shares to end the day at 0.9 of a US cent.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
