2021 gains vaporise for JSE US market

Trading on the USD market ended on Tuesday, with the index falling as investors exchanged 178 percent more shares than on Monday at 71 percent less the value, resulting in more stocks falling than rising and the market losing almost all the 17.4 percent gains made up to the end of April, this year when the market hit the year’s peaked at 218.70 points.
Six securities traded, compared to eight on Monday with one rising, three declining and two remaining unchanged.
The JSE USD Equity Index lost 4.06 points to end at 187.18, just a fraction above the 2020 close of 186.30. The PE Ratio, a measure that determines an appropriate value of each stock, averages 11.8 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 654,515 shares traded for US$17,881 compared to 235,315 units at US$63,279 on Monday. Trading averaged 109,086 units at US$2,980, versus 29,414 shares at US$7,910 on Monday. Month to date trading averages 46,425 units at US$4,526 in contrast to 21,361 units at US$5,145 Monday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than their last selling price and one with a lower offer.
At the close, First Rock Capital had an exchange of 318 shares at 8.5 US cents, Margaritaville finished at 9.2 US cents with 300 stocks changing hands, Proven Investments dropped 0.4 of a cent to end at 25 US cents, with 53,422 units traded. Sygnus Credit Investments lost 0.48 of a cent to close at 13.52 US cents, with a transfer of 40 stock units and Transjamaican Highway slipped 0.1 of a cent to 0.70 of a US cent with 600,285 shares crossing the exchange.
In the preference segment, JMMB Group 6% advanced 6.95 cents to US$1.01 with 150 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More slippage for JSE USD Market

The Jamaica Stock Exchange USD equity market declined at the close of trading on Monday, with the market Index slipping 4.22 points to 191.24 after the market enjoyed increased breath, leading to an exchange of 600 percent more shares than on Friday, at an increase of 393 percent in value, resulting in rising stocks outnumbering falling ones.
Trading ended with eight securities changing hands, compared to five on Friday, with the prices of three stocks rising, two declining and there ending unchanged as the market has just held on to 2.7 percent of the gains this year.
The PE Ratio, a measure that is used to computes an appropriate value for a stock, averages 12.1 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 235,315 shares traded for US$63,279 up from 33,598 units at US$12,823 on Friday. Trading averaged 29,414 units at US$7,910, compared to 6,720 shares at US$2,565 on Friday. Month to date trading averages 21,361 units for US$5,145 in contrast to 12,157 units at US$1,984 on Friday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, First Rock Capital rallied 1.11 cents to 8.5 US cents with 59 shares clearing the market, Margaritaville traded 110 stock units at 9.2 US cents, MPC Caribbean Clean Energy exchanged 30 units and closed at US$1.05. Productive Business Solutions rose 0.01 of a cent to close at 80.01 US cents trading 9,000 stocks, Proven Investments gained 0.4 of a cent to finish at 25.4 US cents with 95,551 shares traded, Sygnus Credit Investments remained at 14 US cents with a transfer of 3,265 units and Transjamaican Highway dropped 0.08 of a cent 0.8 of a US cent with 97,300 stock units crossing the exchange.
In the preference segment, JMMB Group 6% slipped 0.01 of a cent to US$1.03 with 30,000 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD stocks dive into the weekend

The prices of all stocks trading on Friday on the Jamaica Stock Exchange USD market declined with five securities changing hands, compared to two on Thursday with none of the five stocks trading was able to post gains at the close with 35 percent fewer shares changing hands than on Thursday.
The JSE USD Equity Index declined by 2.17 points to end at 195.46. The PE Ratio, a measure that computes an appropriate value of a stock, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 33,598 shares traded, for US$12,823 compared to 51,500 units at US$1,068 on Thursday, with an average of 6,720 units trading at US$2,565, in contrast to 25,750 shares at US$534 on Thursday. The month to date averaged 12,157 units at US$1,984 in contrast to June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and one with a lower offer.
At the close, Proven Investments dipped 1 cent to 25 US cents with 11,020 shares traded, Sterling Investments slipped 0.4 of a cent to 1.9 US cents, with 4,000 stock units changing hands, Sygnus Credit Investments lost 0.7 of a cent to 14 US cents, after 8,228 stocks crossed through the exchange and Transjamaican Highway fell 0.01 of a cent to 0.88 US cents, with 1,850 stock units crossing the exchange.
In the preference segment, JMMB Group 6% shed 6.85 cents to close at US$1.031 with 8,500 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Trading falls short to start off Q3

The second half of the year started on a subdued note after trading volume fell 97 percent from Wednesday’s level, at the close of the Jamaica Stock Exchange US dollar market on Thursday with just two securities trading compared to five on Wednesday and ending with one rising and one closing unchanged.
The JSE USD Equity Index gained 2.91 points to end at 197.63. The PE Ratio, a measure used to compute an appropriate relative value for a stock, averages 12.3 based on ICInsider.com’s 2021-22 earnings forecast.
Just 51,500 shares traded for US$1,068, down from 1,883,005 units at US$310,293 on Wednesday.
Trading averaged 25,750 units at US$534, in contrast to 376,601 shares at US$62,059 on Wednesday. Trading for June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, Sygnus Credit Investments traded 4,500 shares at 14.7 US cents and Transjamaican Highway rose 0.06 of a cents to 0.89 of a US cent with 47,000 stocks units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big bump in JSE USD market trading

Investors traded 266 percent more shares with a huge 3,671 percent surge in value on Wednesday than they did on Tuesday, resulting in the majority of stocks rising at the close of trading on the Jamaica Stock exchange USD market to close out the first half of the year with a slight bounce of 4.5 percent.
Trading ended with five securities changing hands, the same as on Tuesday, with the prices of four stocks rising and one remaining unchanged.
The JSE USD Equity Index rose 0.94 points to end at 194.72. The PE Ratio, a measure used to compute an appropriate relative value for stocks, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading jumped sharply with 1,883,005 shares traded, for US$310,293, up from 514,569 units at US$8,228 on Tuesday.
Trading averaged 376,601 units at US$62,059, versus 102,914 shares at US$1,646 on Tuesday. Trading month to date averages 87,443 shares at US$6,162 compared to 75,689 units at US$3,890 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Capital advanced 0.03 of a cents to 7.39 US cents with 30,000 shares changing hands, Proven Investments rallied 0.25 of a cent to 26 US cents with 1,167,108 units traded before the investment banking company posted strong 2021 full year results of 1.8 US cents per share and a PE ratio of 14.4, Sterling Investments popped 0.31 US of a cent to 2.3 US cents, with a transfer of 151 stocks. Sygnus Credit Investments settled at 14.7 US cents with 946 stock units passing through the market and Transjamaican Highway rose 0.01 of a cent to 0.83 US cents with 684,800 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

US Dollar Market slips on Tuesday

Trading was mixed at the closed on Tuesday with five securities changing hands, down from seven on Monday with of one stock rising, three declining and one closing unchanged on the US dollar market of the Jamaica Stock Exchange, as investors exchanged 92 percent more shares than on Monday for 53 percent less value.  
The JSE USD Equity Index fell 1.75 points to close at 193.78. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 514,569 shares traded for US$8,228 compared to 267,871 units at US$17,654 on Monday.
Trading averaged 102,914 units at US$1,646, in contrast to 38,267 shares at US$2,522 on Monday. Month to date trades average 75,689 units at US$3,890 in contrast to 74,537 units at US$3,985 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price, while two ended with lower offers.
At the close, First Rock Capital fell 0.64 of a cent to finish at 7.36 US cents with an exchange of 2,907 shares, Margaritaville remained at 9.2 US cents with 4,100 stocks traded, Proven Investments rose 0.74 of a cent to 25.75 US cents with 1,625 stock units changing hands. Sygnus Credit Investments slipped 0.3 of a cent to end at 14.7 US cents with a transfer of 22,926 shares and Transjamaican Highway declined by 0.03 of a cent to close at 0.82 US cents with 483,011 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Most JSE USD stocks fell on Monday

Trading on the USD market of the Jamaica Stock Exchange was moderate on Monday but the number of securities rose over Friday’s level and leading to an exchange of 52 percent more shares changing hands than occurred on Friday.
Seven securities traded, up from four on Friday with one rising, four declining and two remaining unchanged. The JSE USD Equity Index gained 0.07 points to end at 195.53.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with, 267,871 shares for US$17,654, up from 176,171 units at only US$2,551 on Friday. Trading averaged 38,267 units at US$2,522 in contrast to 44,043 shares at US$638 on Friday. Trading month to date averages 74,637 units at US$3,985 in contrast to 76,931 units at US$4,078 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital fell 0.88 of a cent to close at 8 US cents with an exchange of 41,802 shares, Margaritaville gained 0.2 of a cent to finish at 9.2 US cents with a transfer of 961 units, Proven Investments remained at 25.01 US cents after 20,151 stocks changed hands. Sterling Investments fell 0.11 of a cent to 1.99 US cents with 96,845 shares passing through the market, Sygnus Credit Investments traded 42,412 stock units at 15 US cents and Transjamaican Highway slipped 0.01 of a cent to 0.85 US cents with 65,500 units crossing the exchange.
In the preference segment, JMMB Group 6% declined by 0.05 of a cent to end at US$1.10 with 200 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD Market

Trading ended on Friday with the USD market on the Jamaica Stock Exchange rising moderately as investors swapped marginally more shares at substantially less value than on Thursday.  
Trading ended with four securities changing hands, compared to six on Thursday, with the prices of three rising, none declining and one remaining unchanged.
The JSE USD Equity Index rising 0.87 points to 195.46. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 176,171 shares traded for US$2,551 compared to 165,898 units at US$10,920 on Thursday.
Trading averaged 44,043 units at US$638, versus 27,650 shares at US$1,820 on Thursday. Trading month to date averages 76,923 units at US$4,078 down from 78,048 units at US$4,206 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital advanced 0.88 of a cent to 8.88 US cents with an exchange of 11 shares, Margaritaville remained at 9 US cents with 12,900 stocks traded, Sterling Investments rose 0.1 of a cent to 2.1 US cents with 100 units changing hands and Transjamaican Highway gained 0.01 of a cent to end at 0.86 of a US cent with 163,160 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE USD Market

Trading on Thursday ended with the USD market declining after traded sunk with 51 percent fewer shares than on Wednesday, resulting in rising stocks edging out those that declined.
Six securities changed hands, similar to Wednesday, with prices of two rising, one declining and three closing unchanged.
The JSE USD Equity Index fell 0.59 points to end at 194.59. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 165,898 shares traded for US$10,920 versus 336,261 units at US$10,167 on Wednesday.
Trading averaged 27,650 units at US$1,820, versus 56,044 shares at US$1,694 on Wednesday. Month to date trading averages 78,048 units at US$4,206 in contrast to 81,042 units at US$4,348 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital rose 0.79 of a cent to 8 US cents with an exchange of 8,364 shares, Margaritaville remained at 9 US cents in swapping of 57,398 shares, Proven Investments dropped 0.84 of a cent to 25.01 US cents with 10,663 shares traded. Sterling Investments closed at 2 US cents with a transfer of 25,502 stocks, Sygnus Credit Investments popped 1 cent to 15 US cents, with 8,631 units changing hands and Transjamaican Highway settled at 0.85 of a US cent after 55,340 stock units crossed the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume climbs for JSE USD stocks

Trading on Wednesday ended with the market rising after trading 51 percent more shares than on Tuesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Six securities traded on Wednesday, compared to five on Tuesday with three stocks rising, one declining while two finished unchanged.
The JSE USD Equity Index gained 1.04 points to end at 195.18. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 336,261 shares traded for US$10,167 compared to 223,012 units at US$22,412 on Tuesday.
Trading averaged 56,044 units at US$1,694, in contrast to 44,602 shares at US$4,482 on Tuesday. Trading averaged 81,042 units for the month to date at US$4,348 in contrast to 82,621 units at US$4,516 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital declined 0.79 of a cent to close at 7.21 US cents after trading two shares, MPC Caribbean Clean Energy remained at US$1.05 after 45 stock units changed hands, Proven Investments popped 0.8 of a cent to  25.85 US cents after the trading of 29,433 shares. Sterling Investments remained at 2 US cents with 2,155 shares clearing the market and Transjamaican Highway gained 0.03 of a cent to close at 0.85 US cents with the swapping of 304,576 units.
In the preference segment, JMMB Group 6% increased 7 cents to US$1.10, trading 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.