Trading on Monday, with the market rising more five percent, with 69 percent more shares changing hands than on Friday, on the US dollar market of the Jamaica Stock Exchange, resulting from slightly more stocks rising than falling.
Trading ended with eight securities changing hands, compared to three on Friday, with prices of three stocks rising, two declining and three remained unchanged.
The US Denominated Equities Index gained 9.20 points to end at 192.19. The PE Ratio, a measure that computes appropriate stock values, averages 11.9 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 49,101 shares traded for US$9,065 compared to 29,057 units at US$11,251 on Friday. Trading averaged 6,138 units at US$1,133, compared to 9,686 shares at US$3,750 on Friday and the month to date, averaging 10,922 shares at US$1,514 versus 13,865 units at US$1,749 on Friday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital had an exchange of 20,178 shares at 7 US cents, Margaritaville rose 0.25 of a cent to 9 US cents trading 3,075 units,
Proven Investments popped 0.22 of a cent to 23.7 US cents with a transfer of 541 stock units. Sterling Investments settled at 2 US cents with 9,962 stocks traded, Sygnus Credit Investments USD stock finished at 12.5 US cents with investors swapping 9,536 shares and Transjamaican Highway popped 0.12 of a cent to 0.93 US cents with 5 units crossing the exchange.
In the preference segment, Equityline Mortgage Investments shed 0.10 of a cent to end at US$1.999 with a transfer of 4 stock units and JMMB Group 6% lost 5 cents in closing at US$1 with 5,800 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market on Friday, stocks closed out the week with just three trading, down from five on Thursday and ended with none gaining, two declining and one left unchanged, with the volume of shares changing hands dropping 76 percent from Thursday’s level, on the US dollar market of the Jamaica Stock Exchange
August ended with an average of 210,413 units for US$12,959.
Five securities traded, the same as Wednesday, with prices of one stock rising, three declining and one remaining unchanged.
At the close, Margaritaville shed 0.25 of a cent to close at 8.75 US cents trading 1,366 shares, Proven Investments fell 0.02 of a cent to end at 23.48 US cents with an exchange of 7,715 stock units, Sygnus Credit Investments Ja$ share, climbed 2.39 cents to 14.59 US cents after an exchange of 7,772 stocks. Sygnus Credit Investments US$ share, declined 0.2 of a cent to 12.5 US cents after 59,094 units crossed the market and Transjamaican Highway remained at 0.81 US cents while exchanging 44,000 shares.
Five securities changed hands, compared to six on Tuesday with none rising, three declining and two remaining unchanged.
At the close, Margaritaville remained at 9 US cents with 2,000 shares traded, Proven Investments fell 0.4 of a cent to 23.5 US cents with 1,050 stocks changing hands, Sygnus Credit Investments JMD stock settled at 12.2 US cents with 3 units changing hands. Sygnus Credit Investments USD stock lost 0.3 of a cent to settle at 12.7 US cents with investors switching ownership of 194 units and Transjamaican Highway declined by 0.09 of a cent to 0.81 US cents with 28,000 shares crossing the exchange.
Investments gained 0.9 of a cent to close at 23.9 US cents after exchanging 21,891 stock units, Sterling Investments lost 0.12 of a cent to end at 2 US cents after exchanging 223 units. Sygnus Credit Investments Ja$ share dropped 0.4 of a cent in ending at 12.2 US cents, with 270 stocks clearing the market, Sygnus Credit Investments US$ share remained unchanged at 13 US cents while exchanging 3,839 units and Transjamaican Highway climbed 0.09 of a cent to 0.9 US cents, with 485,562 stocks changing hands.
At the close, First Rock Capital lost 0.3 of a cent to end at 7.2 US cents trading 408,722 shares, Proven Investments remained at 23 US cents with an exchange of 1,318,594 units, Sygnus Credit Investments USD ordinary share settled at 13 US cents with 76,190 stocks changing hands and Transjamaican Highway fell 0.04 of a cent to 0.81 US cents with 112,726 shares crossing the exchange.
Trading ended on Friday, with the volume of shares changing hands surging 3,669 percent over Thursday’s level at the close of the US dollar market of the Jamaica Stock Exchange, with declining stocks edging out rising ones.
At the close, Productive Business Solutions remained at 77 US cents with an exchange of 414 shares, Proven Investments fell 0.05 of a cent to 23 US cents with 298,906 units changing hands, Sterling Investments rose 0.38 of a cent to 2.12 US cents trading 12,094 stocks. Sygnus Credit Investments USD share settled at 13 US cents, with a transfer of 150 units and Transjamaican Highway lost 0.03 of a cent to close at 0.85 US cents, with 22,504 shares crossing the exchange.
Trading ended with seven securities changing hands, compared to six on Wednesday, with prices of two stocks rising, two declining and three remaining unchanged.
At the close, First Rock Capital remained at 7.5 US cents, with 1,053 shares crossing the exchange, Productive Business Solutions traded 10 stock units at 77 US cents, Proven Investments dropped 0.84 of a cent in ending at 23.05 US cents after exchanging 6,746 stock units. Sterling Investments fell 0.4 of a cent to 1.74 US cents, with 500 units clearing the market, Sygnus Credit Investments J$ share climbed 0.7 of a cent to 12.6 US cents, with 105 units being swapped, Sygnus Credit Investments US$ stock remained at 13 US cents, with 400 stock units changing hands and Transjamaican Highway advanced 0.02 of a cent to close at 0.88 US cents with an exchange of 50 stocks.
At the close, Proven Investments shed 0.1 of a cent to close at 23.89 US cents in trading 8,321 shares, Sygnus Credit Investments Ja$ share remained unchanged at 11.9 US cents, with just 2 units changing hands, Sygnus Credit Investments USD share advanced 0.98 of a cent to 13 US cents in trading at 600 stocks. Transjamaican Highway rallied 0.06 of a cent to 0.86 US cents in switching ownership of 1,358 stock units.
Trading ended with the market declining further on Tuesday, with an exchange of 45 percent fewer shares than on Monday at 18 percent less the value, with three securities changing hands, compared to five on Monday with prices of two stocks rising and one declining.
Trading month to date averages 248,332 units at US$12,147 in contrast to 256,299 units at US$12,367 on Monday. July ended with an average of 178,541 units for US$18,099.