Trading on the USD market of the Jamaica Stock Exchange closed on Tuesday, with the market index declining as investors traded 26 percent fewer shares than on Monday at 453 percent less the value, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to eight on Monday with prices of one stock rising, three declining and one remaining unchanged.
The JSE USD Equity Index fell 2.02 points to end at 194.14. 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, 223,012 shares traded, for US$22,412 compared to 301,164 units at US$6,113 on Monday. Trading averaged 44,602 units at US$4,482, in contrast to 37,896 shares at US$764 on Monday. The month to date averaged 82,621 units at US$4,516 in contrast to 84,733 units at US$4,517 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital declined by 0.98 of a cent to end at 8 US cents with an exchange of 163,018 stock units, Proven Investments 0.8 of a cent to 25.05 US cents, with ownership of 11,428 stock units switching, Sygnus Credit Investments dropped 1 cent to 14 US cents with 30,400 shares traded and Transjamaican Highway closed at 0.82 of a US cent with 16,686 units crossing the exchange.
In the preference segment, JMMB Group 6% gained 3 cents to finish at US$1.03, with 1,480 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD Equity Index fell 1.90 points to 196.16. The PE Ratio, a measure of determining the appropriate relative value of each stock, based on ICInsider.com’s forecast of 2021-22 earnings averages 12.3.
Proven Investments gained 0.35 of a cent in closing at 25.85 US cents, with 1,808 stocks changing hands. Sterling Investments ended at 2 US cents after an exchange of 10,356 units, Sygnus Credit Investments popped 0.2 of a cent to 15 US cents trading 4,439 stock units and Transjamaican Highway fell 0.05 of a cent to 0.82 of a US cent in trading 283,393 units.
Seven securities traded, up from four on Thursday with prices of two rising, four declining and one remaining unchanged.
0.85 of a cent to close at 9 US cents after exchanging 100,000 stocks, Proven Investments declined 0.45 of a cent to 25.5 US cents in exchanging 30,050 stock units. Sterling Investments remained at 2 US cents in exchanging 24,905 units, Sygnus Credit Investments shed 0.19 of a cent to close at 14.8 US cents, in trading just one unit, Transjamaican Highway gained 0.01 of a cent to end at 0.87 of a US cent in an exchange of 19,650 stocks.
Four securities traded on Thursday, down from six on Wednesday on the JSE USD market, with one stock rising, one declining and two ending unchanged, with the market index rising slightly, after an exchange of 93 percent fewer shares at 90 percent less value than on Wednesday and resulting in an even number of stocks falling and rising.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital ended at 9 US cents with an exchange of 7,352 shares, Proven Investments slipped 0.09 of a cent to 25.9 US cents, trading 155,084 units, Sterling Investments settled at 2 US cents with a transfer of 45,825 shares. Sygnus Credit Investments rose 0.05 of a cent to 15.25 US cents with 30,029 units traded and Transjamaican Highway lost 0.02 of a cent to end at 0.86 of a US cent with 221,713 stocks crossing the exchange.
Five securities traded on Tuesday, similar to Monday, with prices of three stocks rising, one declining and one remaining unchanged. The JSE USD Equity Index rose 0.76 points to close at 198.43.
At the close, First Rock Capital gained 0.3 of a cent to finish at 9 US cents, trading 15,710 shares, Margaritaville rose 0.12 of a cent to 8.15 US cents with an exchange of 2,305 units, Proven Investments remained at 25.99 US cents with 36,850 stock units changing hands. Sterling Investments lost 0.04 of a cent to close at 2 US cents with 386,182 stock units changing hands and Transjamaican Highway added 0.02 of a cent to finish at 0.88 US cents with 52,615 shares crossing the exchange.
Trading ended with the JSE USD Equity Index slipping 3.28 points to end at 197.67. The PE Ratio, a measure that determines an appropriate relative value of stocks, averages 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, First Rock Capital dipped 0.3 of a cent to finish at 8.7 US cents with 11,182 shares traded, Proven Investments rose 0.01 of a cent to close at 25.99 US cents with an exchange of 7,881 units, Sterling Investments fell 0.33 of a cent to 2.04 US cents with a transfer of 175,520 stock units and Transjamaican Highway lost 0.04 of a cent to end at 0.86 of a US cent with 233,904 stocks crossing the exchange.
At the close, 200 shares of First Rock Capital traded at 9 US cents, Margaritaville shed 0.97 of a cent to close at 8.03 US cents with an exchange of 53,643 stock units, Proven Investments slipped 0.01 of a cent to close at 25.98 US cents while exchanging 8,690 stock units and Sygnus Credit Investments rose 0.2 of a cent to 15.2 US cents after 20,278 shares crossed the exchange.
Similar to Wednesday, trading ended with six securities changing hands, with prices of two rising, three declining and one remaining firm.
At the close, First Rock Capital climbed 0.3 of a cent to 9 US cents trading 95,173 shares, Productive Business Solutions traded 46 stock units at 80 US cents, Proven Investments slipped 0.01 of a cent to 25.99 US cents with 20,467 stocks changing hands. Sterling Investments slipped 0.02 of a cent to 2.37 US cents after a transfer of 450 units, Sygnus Credit Investments lost 0.3 of a cent end at 15 US cents with 112,400 stock units passing through the market and Transjamaican Highway rose 0.05 of a cent to 0.90 US cents with 227,425 shares crossing the exchange.
Similar to Tuesday with six securities changed hands on Wednesday, with two stocks rising and four declining.
Margaritaville shed 1 cent to finish at 9 US cents with an exchange of 190,152 stock units, Proven Investments slipped 0.09 of a cent to end at 26 US cents with 6,662 stocks traded. Sygnus Credit Investments increased 0.29 of a cent to 15.3 US cents with a transfer of 643 shares and Transjamaican Highway lost 0.01 of a cent to 0.85 US cents with 349,856 units crossing the exchange.