A big surge in trading on Monday, saw greater participation of stocks than usual, sending the volume of shares traded surging sharply higher by 866 percent and the value jumping 481 percent from Friday levels, at the close of the Jamaica Stock Exchange US dollar market, with rising stocks just outnumbering those falling.
Eight securities changed hands compared to seven on Friday, with four rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index rose 1.30 points to end at 197.73. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 331,087 shares traded for US$33,143 compared to 34,284 units at US$5,704 on Friday. Trading averaged 41,386 units at US$4,143, compared to 4,898 shares at US$815 on Friday and month to date averages 80,762 at US$9,393 versus 91,262 units at US$10,793 on Friday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and three stocks with lower offers.
At the close, First Rock Capital USD share popped 0.1 of a cent to end at 7 US cents with an exchange of 43,116 shares, Proven Investments gained 1.19 cents to finish at 23.99 US cents with a transfer of 23,969 stock units, Sygnus Credit Investments USD share advanced 0.89 of a cent to close at 12.97 US cents with 55,479 stocks changing hands. Sygnus Real Estate Finance US share declined by 1 cent to15 US cents with investors switching ownership of 20 units while Transjamaican Highway shed 0.05 of a cent to finish at 0.79 US cents with 200,000 shares crossing the exchange.
In the preference segment, Equityline Mortgage Investment fell 9.9 cents to close at US$1.90 with 73 shares traded, JMMB Group 5.75% climbed 3 cents to US$2.05 with a transfer of 6,730 stocks and JMMB Group 6% ended at US$1.05 with 1,700 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with seven securities changing hands, compared to seven on Thursday with prices of two rising, one declining and four ending unchanged.
At the close, First Rock Capital US share traded 1,527 shares at 6.9 US cents, Productive Business Solutions gained 3 cents to end at 98 US cents with 11 units clearing the market, Proven Investments ended at 22.8 US cents, with 12,237 stocks changing hands. Sygnus Credit Investments US$ share shed 0.9 of a cent to close at 12.08 US cents after trading 20,232 stock units, Sygnus Real Estate Finance USD share advanced 1 cent in closing at 16 US cents after an exchange of 26 units.
The JSE US Denominated Equities Index lost 2.16 points to end at 194.93.
At the close, First Rock Capital US fell 0.1 of a cent to 6.9 US cents with an exchange of 150 shares, Margaritaville dropped 0.45 of a cent to 9 US cents with 11,073 stock units passing through the market, Proven Investments lost 0.2 of a cent to end at 22.8 US cents with 27,763 units changing hands. Sterling Investments fell 0.09 of a cent to close at 2 US cents with 660 shares traded, Sygnus Credit Investments USD declined 0.01 of a cent to finish at 12.98 US cents with investors switching ownership of 3,504 stocks and Transjamaican Highway shed 0.04 of a cent to end at 0.84 US cents with 56,609 units crossing the exchange.
Six securities traded on Wednesday compared to five on Tuesday, with prices of three rising, one declining and two ending unchanged.
At the close, First Rock Capital US rose 0.01 of a cent to finish at 7 US cents with 469,000 shares traded, Proven Investments lost 0.99 of a cent to settle at 23 US cents with 1,018,190 stock units changing hands, Sterling Investments ended unchanged at 2.09 US cents with 27 stocks passing through the market. Sygnus Real Estate Finance USD share increased by 1 cent to 15 US cents with a transfer of 568 units and Transjamaican Highway rallied 0.13 of a cent to close at 0.88 of a US cent with 11,193 shares crossing the exchange.
Trading ended with five securities changing hands, the same number as on Monday, with prices of one rising, two declining and two ending unchanged.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two stocks with lower offers.
First Rock Capital US share remained unchanged at 7 US cents with a transfer of 808 shares, Proven Investments rallied 1.69 cents to 23.9 US cents with 83,508 stock units traded, Sygnus Credit Investments USD share rose 0.19 of a cent to end at 12.99 US cents with investors switching ownership of 17,171 stocks. Sygnus Real Estate Finance USD share dropped 2.3 cents to 14 US cents with 1,300 units changing hands and Transjamaican Highway shed 0.15 of a cent to close at 0.8 of US cents with 829,162 shares crossing the exchange.
Trading ended with six securities changing hands, down from nine on Thursday with prices of five rising and one declining.
Productive Business Solutions rallied 21 cents to 95 US cents with 338 stock units changing hands, Proven Investments fell 0.79 of a cent to finish at 22.21 US cents with 19,800 stocks traded. Sygnus Credit Investments USD climbed 0.8 of a cent to close at 12.8 US cents with investors switching ownership of 2,053 units, Sygnus Real Estate Finance USD rose 0.3 of a cent to 16.3 US cents with a transfer of 501 stock units and Transjamaican Highway gained 0.08 of a cent to close at 0.95 of a US cent with 406,031 shares crossing the exchange.
Margaritaville advanced 0.45 of a cent to 9.45 US cents with 5,550 stock units changing hands, MPC Caribbean Clean Energy rallied 20 cents to finish at US$1.20 with a transfer of 500 stocks. Productive Business Solutions fell 18 cents to 74 US cents with 5,503 units traded, Proven Investments gained 0.89 of a cent to close at 23 US cents with 39,836 shares passing through the market, Sterling Investments settled at 2.09 US cents with investors switching ownership of 200 units. Sygnus Real Estate Finance USD remained at 16 US cents with a transfer of 2,000 stock units and Transjamaican Highway lost 0.07 of a cent to close at 0.87 of a US cent with 2,519 shares crossing the exchange.
At the close, Proven Investments rallied 0.01 of a cent to end at 22.11 US cents with an exchange of 217 shares, Sterling Investments remained at 2.09 US cents with 100 stocks changing hands, Sygnus Credit Investments USD share settled at 12 US cents with 15,300 units traded. Sygnus Real Estate Finance USD share closed at 16 US cents with a transfer of 3,430 stock units and Transjamaican Highway dropped 0.01 of a cent to finish at 0.94 US cents with one stock crossing the exchange.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and two stocks with lower offers.