Trading on the US Dollar market of the Jamaica Stock Exchange ended on Tuesday with the market declining as investors traded 58 percent fewer shares than on Monday, with a 92 percent fall in value and ended with slightly more stocks falling than rising.
At the close, six securities changed hands, similar to Monday, two gained, three declined and one finished unchanged.
The JSE USD Equity Index lost 1.21 points to finish at 199.25. The PE Ratio, a measure that determines an appropriate relative value of each stock averages 12.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 484,422 shares traded at US$6,746 compared to 1,161,401 units at US$79,940 on Monday.
Trading averaged 80,737 units at US$1,124, in contrast to 193,567 shares at US$13,323 on Monday. Month to date trading averages 121,287 units at US$4,631 in contrast to 128,890 units at US$5,289 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, First Rock Capital slipped 0.35 of a cent to finish at 8.65 US cents with an exchange of 4,000 shares,
Margaritaville advanced 1 cent to 10 US cents with 9,962 stock units changing hands, MPC Caribbean Clean Energy climbed 22 cents to US$1.15 with investors switching ownership of 310 units. Sygnus Credit Investments finished at 15.01 US cents with a transfer of 2,000 shares and Transjamaican Highway lost 0.06 of a cent to settle at 0.86 US cents with 467,450 units crossing the exchange.
In the preference segment, JMMB Group 6% shed 7 cents to close at US$1.03 with 700 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with six securities changing hands, similar to Friday, with three rising, two declining and one ending unchanged.
First Rock Capital ended trading of one share at 9 US cents, Margaritaville lost 0.9 of a cent to close at 9 US cents after 176,842 units crossed the market, Proven Investments gained 0.1 of a cent to end at 26.09 US cents, with 164,560 stock units changing hands. Sterling Investments rose 0.09 of a cent in ending at 2.39 US cents after 814,150 stock units cleared the market and Sygnus Credit Investments dropped 0.29 of a cent to 15.01 US cents in trading 5,800 stock units.
Trading ended with the JSE USD Equity Index rallying 3.19 points to close at 200.51. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, First Rock Capital settled at 9 US cents after 10,814 shares were traded, Productive Business Solutions remained at 80 US cents with 108 stock units changing hands, Proven Investments popped 0.99 of a cent to 25.99 US cents with 108,096 shares changing hands. Sterling Investments rose 0.25 of a cent in closing at 2.3 US cents after exchanging 39,116 units, Sygnus Credit Investments rose 0.1 of a cent to 15.3 US cents, with 3,717 stock units crossing the exchange and Transjamaican Highway popped 0.01 of a cent to 0.92 of a US cent in trading 13,719 shares.
The PE Ratio, a measure that determines an appropriate value of each stock, averages 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Proven Investments declined 0.9 of a cent to end at 25 US cents with 50,282 shares changing hands, Sterling Investments rose 0.05 of a cent to 2.05 US cents with 24,297 stocks traded, Sygnus Credit Investments declined by 0.29 of a cent to 15.2 US cents with a transfer of 16,733 units and Transjamaican Highway rallied 0.06 of a cent to land at 0.91 US cents with 40,000 shares crossing the exchange.
Transjamaican Highway was the volume leader accounting for 2.51 million of the 2,508,722 shares traded, with a value of US$28,103 compared to 460,180 units trading at US$70,670 on Monday.
Proven Investments remained at 26 US cents with a transfer of 15,452 stock units, Sterling Investments fell 0.24 of a cent to 2.01 US cents with 82,000 shares traded, Sygnus Credit Investments ended at 15.01 US cents after trading 9,640 stocks and Transjamaican Highway declined by 0.08 of a cent to finish at 0.85 US cents with 2,400,000 units crossing the exchange.
Trading involved six securities, compared to seven on Friday with four rising, none declining and two remaining unchanged.
At the close, First Rock Capital traded 5,015 shares at 9 US cents, Proven Investments climbed 0.1 of a cent to 26 US cents, with an exchange of 174,572 shares, Sterling Investments gained 0.25 of a cent to close at 2.25 US cents with an exchange of 900 stock units. Sygnus Credit Investments rose 0.3 of a cent to 15 US cents in exchanging 213 units, Sygnus Credit Investments closed at 15.01 US cents after an exchange of 169,025 shares and Transjamaican Highway advanced 0.07 of a cent to 0.93 US cents, with 110,455 stocks changing hands.
Seven securities traded, compared to six on Thursday, with two rising, three declining and two closing unchanged.
Margaritaville traded 110,700 units at 9 US cents, Proven Investments slipped 0.4 of a cent to 25.9 US cents with 43,825 stocks traded. Sterling Investments dropped 0.21 of a cent to settle at 2 US cents with 200,000 shares passing through the market, Sygnus Credit Investments fell 0.89 of a cent to close at 15.01 US cents with a transfer of 4,758,333 stock units and Transjamaican Highway added 0.02 of a cent to close at 0.86 of a US cent with 275,000 stocks crossing the exchange.
Trading ended with six securities changing hands, compared to seven on Wednesday, with one stock rising, four declining and one remaining unchanged.
At the close, First Rock Capital lost 0.01 of a cent to end at 8.49 US cents in exchanging 10,088 stocks, Margaritaville fell half a cent to close at 9 US cents after an exchange of 345,474 stock units, Productive Business Solutions closed unchanghed at US$1.01, with the trading of 54 stock units. Proven Investments rose 0.3 of a cent to end at 26.3 US cents with an exchange of 435,121 units, Sygnus Credit Investments declined 0.06 of a cent to close at 15.9 US cents after 43,172 stocks crossed the market and Transjamaican Highway fell 0.01 of a cent to 0.84 US cents while exchanging 200,000 units.
Seven securities changed hands, compared to eight on Tuesday, with one stock rising, five declining and one remaining unchanged.
Margaritaville lost 0.49 of a cent to end at 9.5 US cents while trading 2,000 stock units. MPC Caribbean Clean Energy declined 15 cents to end at a 52 weeks’ low of 95 US cents trading 307 units. Proven Investments declined half a cent to 26 US cents after exchanging 48,212 shares, Sygnus Credit Investments increased 0.96 of a cent to 15.96 US cents, with 3,415 shares changing hands and Transjamaican Highway dropped 0.1 of a cent to 0.85 of a US cent with an exchange of 300,009 shares.
The JSE USD Equity Index gained 1.95 points to end at 210.00. The average PE Ratio ends at 13.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Margaritaville rose 0.099 to settle at 9.99 US cents trading 50,021 stocks, Proven Investment rose 0.05 of a cent in closing at 26.5 US cents, with 7,356 stock units changing hands. Sterling Investments gained 0.08 of a cent to end at 2.29 US cents in an exchange of 52,718 stock units, Sygnus Credit Investments gained 0.03 of a cent to close at 15 US cents after exchanging 51,507 shares and Transjamaican Highway closed at 0.95 US cents with the swapping of 107,644 units.