Proven Investments dominated trading in exchanging the largest block of shares, with just over one million units for 91 percent of the day’s volume, driving the volume traded to a 777 percent increase and the value jumping 942 percent over Wednesday’s level, at the close of the Jamaica Stock Exchange USD market on Thursday.
Similar to Wednesday, six securities traded, with the prices of one rising and five declining. The JSE USD Equity Index lost 1.86 points to end at 183.91. The PE Ratio, a measure that computes the appropriate value of stocks, averages 11.5 based on ICInsider.com’s earnings forecast for 2021-22.
Overall, 1,158,188 shares traded for US$253,151 compared to 132,046 units at US$23,136 on Wednesday. Trading averaged 193,031 units at US$42,192, compared to 22,008 shares at US$3,856 on Wednesday. Trading month to date averages 74,640 units at US$16,267 in contrast to 19,998 units at US$4,302 on Wednesday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none ended with a lower offer.
At the close, First Rock Capital slipped 0.06 of a cent to 7.2 US cents in exchange of 4,024 shares, Proven Investments dropped 0.98 of a cent to 24 US cents with investors swapping ownership of the market topping 1,049,188 shares, Sterling Investments lost 0.08 of a cent to end at 2.07 US cents with 1,633 stock units passing through the market. Sygnus Credit Investments shed 1.3 cents to close at 14 US cents with 200 stocks changing hands, Sygnus Credit Investments fell 1 cent to 12 US cents with 3,143 units traded and Transjamaican Highway gained 0.02 of a cent to end at 0.80 US cents with 100,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Tuesday’s rally was short-lived for the JSE USD market, with the market Index dropping 8.60 points to settle at 185.77 points on Wednesday, into negative territory for the year, after six securities changed hands versus seven on Tuesday and ended, with two stocks rising, one declining and three closing unchanged.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
Seven securities changing hands up from four on Friday, with the prices of three stocks rising, three declining and one ending unchanged.
At the close, First Rock Capital rose 0.01 of a cent to 7.26 US cents after trading 45,850 shares, Margaritaville settled at 9 US cents with 20 stocks changing hands, Productive Business Solutions fell 3 cents to 77 US cents with a transfer of 194 units. Proven Investments lost 1.96 cents to close at 23.04 US cents with 75,056 shares passing through the market, Sygnus Credit Investments popped 1 cent to 13 US cents with 1,504 units traded and Transjamaican Highway climbed 0.17 of a cent to 0.92 US cents with 100 stock units crossing the exchange.
Trading ended with five securities changing hands, up from four on Wednesday, with the prices of two rising, two declining and one remaining unchanged. The JSE USD Equity Index added 1.24 points to end at 186.73.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and three, with lower offers.
Investor’s Choice bid-offer indicator shows one stock ended, with the bid higher than the last selling price and two with lower offers.
Trading ended with five securities changing hands, compared to six on Monday, with the prices of one stock rising and four declining.
At the close, First Rock Capital gained 0.74 of a cent to end at 7.9 US cents with 13,597 shares traded, Proven Investments dropped 2 cents to 23 US cents with an exchange of 4,332 stocks, Sygnus Credit Investments J$ denominated stock declined 0.7 of a cent to finish at 15.3 US cents with a transfer of 48 units. Sygnus Credit Investments US$ denominated stock fell 0.8 of a cent to 12.2 US cents with investors switching ownership of 10,250 stock units and Transjamaican Highway slipped 0.05 US of a cent to 0.88 of a US cent with 5,019 stocks crossing the exchange.
Similar to Friday six securities traded, with two rising, two declining and two remaining unchanged.
At the close, First Rock Capital dipped 0.84 of a cent to 7.16 US cents with an exchange of 37,444 shares, Margaritaville remained at 9 US cents with 150 stock units traded, Proven Investments rose 1 cent to finish at 25 US cents with ownership of 30,400 stocks switching. Sygnus Credit Investments fell 1 cent to 13 US cents with a transfer of 11,163 units and Transjamaican Highway rallied 0.13 of a cent cents to 0.93 of a US cent with 332,495 stock units crossing the exchange.
At the close, First Rock Capital gained 0.1 of a cent to close at 8 US cents, with 285 shares changing hands, Margaritaville settled at 9 US cents with an exchange of 30,000 units, Proven Investments ended at 24 US cents with 4,218 stocks traded. Sygnus Credit Investments rose 0.2 of a cent to 14 US cents, with a transfer of 7,427,937 stock units and Transjamaican Highway gained 0.05 of a cent to close at 0.8 of a US cent with 865,149 shares crossing the exchange.
Margaritaville dropped 0.99 of a cent to 9 US cents, with 3,000 stocks crossing the market, Proven Investments ended trading at 24 US cents, with 235,128 stock units trading, Sterling Investments closed trading at 2.15 US cents in switching ownership of 227 units. Sygnus Credit Investments exchanged a mere 6 shares in ending trading at 16 US cents, Sygnus Credit Investments climbed 1.6 cents to 13.8 US cents after trading 100 stocks and Transjamaican Highway lost 0.05 of a cent after ending at 0.75 US cents in an exchange of 8,469 stocks.
Seven securities traded on Wednesday compared to five on Tuesday, with the price of one rising, three declining and three ending unchanged.
At the close, First Rock Capital settled at 8 US cents with 16,000 shares passing through the market, Proven Investments fell 0.05 of a cent to 24 US cents with 166,293 stocks changing hands, Sterling Investments remained at 2.15 US cents with 2,598 stock units traded. Sygnus Credit Investments popped 1 cent to 16 US cents in trading 12 units and Transjamaican Highway saw trading of 1,085,818 shares in closing at 0.80 US cents.