Trading drops on JSE USD market

December 11, 2024 by
The level of trading plunged on the Jamaica Stock Exchange USD market on Wednesday, with the volume of stocks traded falling 87 percent with an 89 percent lower value than Tuesday, resulting in an exchange of eight securities, down from 11 on Tuesday with prices of four rising, two declining and two ending unchanged.
The market closed with an exchange of 116,069 shares for a mere US$3,778 compared with 914,504 stock units at US$33,725 on Tuesday. Trading averaged 14,509 shares at just US$472 down from 83,137 stock units at US$3,066 on Tuesday, with the month to date averaging 121,767 shares for US$4,219 versus 135,833 stocks at US$4,711 on the previous day and November  with an average of 186,934 units for US$9,182. The US Denominated Equities Index dipped 0.16 points to conclude trading at 229.66. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of market activity, First Rock Real Estate USD share ended at 2.4 US cents in an exchange of 16,450 stocks, Margaritaville skidded 1.02 cents to 52 weeks’ low of 5.78 US cents with investors dealing in 3,784 units, Proven Investments remained at 11.05 US cents with 9 shares crossing the market. Sterling Investments popped 0.01 of one cent to finish at 1.32 US cents with trading in 4,414 stocks, Sygnus Credit Investments rose 0.4 of one cent and ended at 7 US cents after an exchange of 10,698 shares and Transjamaican Highway sank 0.03 of one cent to close at 2.67 US cents in trading 80,701 units. In the preference segment, JMMB Group 5.5% climbed 17 cents to US$2.07 after an exchange of a mere one stock and Productive Business Solutions 9.25% preference share rose 4 cents and ended at US$10.24 with trading in 12 stock units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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Trading on JSE USD Market drops

December 10, 2024 by
Securities trading jumped on Tuesday to 11, up from nine on Monday with prices of three rising, six declining and two ending unchanged on the US dollar market of the Jamaica Stock Exchange and ending with the volume of stocks traded declining 20 percent with the value 18 percent lower compared to Monday.

The market closed with an exchange of 914,504 shares for US$33,725 compared with 1,136,259 stocks at US$40,985 on Monday.
Trading averaged 83,137 shares at US$3,066 compared with 126,251 stocks at US$4,554 on Monday, with a month to date average of 135,833 stock units at US$4,711 down from 147,427 stocks at US$5,072 on the previous day and November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index dipped 1.13 points to settle at 229.82. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the JSE USD market, First Rock Real Estate USD share ended at 2.4 US cents after an exchange of 12,810 stock units, Margaritaville skidded 1.2 cents and ended at 6.8 US cents with 4,778 shares crossing the market, MPC Caribbean Clean Energy advanced 5 cents to 60 US cents with an exchange of only 5 units. Proven Investments rose 0.05 of one cent to end at 11.05 US cents after investors ended trading 3,093 stock units, Sterling Investments lost 0.25 of a cent to close at 1.31 US cents after an exchange of 50,001 shares, Sygnus Credit Investments dropped 0.39 of a cent to close at 6.6 US cents with 15,191 stocks trading and Transjamaican Highway sank 0.15 of one cent to 2.7 US cents with 822,825 stocks changing hands.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.10 with 5,593 units crossing the market, Productive Business Solutions 9.25% preference share slipped 10 cents and ended at US$10.20 in trading 155 shares. Sygnus Credit Investments US 8% fell 2 cents to close at US$9.58 with 48 stock units changing hands and Sygnus Credit Investments E8.5% rallied 10 cents to end at US$9.10 with traders dealing in 5 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading jumps on the JSE USD Market

December 9, 2024 by
The Jamaica Stock Exchange US dollar market closed Monday, with a 202 percent jump in the volume of stocks traded with a 107 percent greater value, resulting from an exchange of nine securities, up from seven on Friday with prices of six rising, two declining and one ending unchanged.

The market closed with an exchange of 1,136,259 shares for US$40,985 compared to 376,670 stocks at US$19,813 on Friday. Trading ended with an average of 126,251 shares at US$4,554 from 53,810 stocks at US$2,830 on Friday, with a month to date average of 147,427 units at US$5,072 down from 152,075 stocks at US$5,186 on the previous day and November that ended with an average of 186,934 units for US$9,182. The US Denominated Equities Index sank 10.16 points to end the day at 230.95. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the market, First Rock Real Estate USD share increased 0.3 of a cent to end at 2.4 US cents in an exchange of 280 stocks, MPC Caribbean Clean Energy remained at 55 US cents with just 3 units crossing the market, Productive Business Solutions shed 27 cents to end at US$1.50 with traders dealing in 255 shares. Sterling Investments popped 0.19 of one cent to close at 1.56 US cents with 10,148 stock units switching owners, Sygnus Credit Investments rallied 0.41 of one cent and ended at 6.99 US cents after an exchange of 2,553 shares and Transjamaican Highway rose 0.06 of a cent to finish at 2.85 US cents with 1,117,540 units changing hands.

In the preference segment, JMMB Group US8.5% preference share sank 1 cent to US$1.10 and closed with the trading of 5,129 stocks, JMMB Group 5.75% climbed 2 cents to end at US$1.82 with an exchange of 31 stock units and Productive Business Solutions 9.25% preference share gained 30 cents to finish at US$10.30 with 320 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Big fall in the JSE USD market

December 6, 2024 by
Falling stocks pressured the US Denominated Equities on Friday resulting in a 7 percent drop in the market index as it ended with a notable 17.75 points fall to close at 241.11 as the volume of stocks traded declined 84 percent with a 71 percent lower value than on Thursday at the Jamaica Stock Exchange US dollar market, following an exchange of seven securities, down from nine on Thursday with prices of two rising, two declining and three ending unchanged.

The market closed with an exchange of 376,670 shares for US$19,813 well short of the 2,290,277 stocks valued US$68,443 on Thursday.
Trading ended with an averaged of 53,810 shares for US$2,830 down from 254,475 stocks at US$7,605 on Thursday, with a month to date average of 152,075 units at US$5,186 compared with 172,306 stocks at US$5,671 on the previous day and November that ended with an average of 186,934 units for US$9,182.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, AS Bryden lost 2 cents to end at a 52 weeks’ low of 18 US cents with a transfer of just one stock unit, Proven Investments remained at 11 US cents with 17,839 shares crossing the exchange, Sterling Investments advanced 0.11 of one cent to finish at 1.37 US cents with investors trading 54,605 stock units. Sygnus Credit Investments ended at 6.58 US cents after an exchange of 87,572 stock units and Transjamaican Highway popped 0.04 of one cent to close at 2.79 US cents with 211,776 shares trading.

In the preference segment, JMMB Group US8.5% preference share fell 5 cents to close at US$1.11 with 4,871 stocks clearing the market and Sygnus Credit Investments E8.5% ended at US$9 with investors trading just 6 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading surges as JSE USD market drops

December 5, 2024 by
The volume of stocks traded surged 129 percent on the Jamaica Stock Exchange US dollar market on Thursday with the value jumping 117 percent over Wednesday’s level, resulting from an exchange of nine securities, up from eight on Wednesday with prices of seven declining and two ending unchanged as AS Bryden and Sterling Investments both closed at 52 weeks’ lows.

The market closed with an exchange of 2,290,277 shares for US$68,443 well above the 998,749 stocks trading for US$31,588 on Wednesday. Trading averaged 254,475 shares at US$7,605 up from 124,844 stocks at US$3,948 on Wednesday, with a month to date average of 172,306 units at US$5,671 compared with 142,725 stocks at US$4,975 on the previous day and November with an average of 186,934 units for US$9,182.
The US Denominated Equities Index shed 6.63 points to end trading at 258.87. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, AS Bryden lost 5 cents to end at 20 US cents after an exchange of 3 stock units, First Rock Real Estate USD share fell 0.3 of one cent to close at 2.1 US cents with 2,001 shares being traded, Proven Investments ended at 11 US cents after investors exchanged 2,059 stocks. Sterling Investments slipped 0.29 of a cent to close at 1.26 US cents with just 6 units changing hands, Sygnus Credit Investments declined 0.42 of a cent and ended at 6.58 US cents with traders dealing in 13,448 stocks, Sygnus Real Estate Finance USD share shed 0.9 of one cent to finish at 5.1 US cents with 286 units clearing the market and Transjamaican Highway dipped 0.1 of a cent to 2.75 US cents with a transfer of 2,271,661 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.16 with investors swapping 513 stock units and Productive Business Solutions 9.25% preference share sank 50 cents and ended at US$10 in an exchange of 300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops & JSE USD market slips

December 4, 2024 by
Trading ended on Wednesday on the Jamaica Stock Exchange US Dollar Market with a sharp decline in the volume and value of stocks passing through the market, with the volume of traded dropping a hefty 39 percent with a 41 percent lower value than on Tuesday, resulting in exchange of eight securities, down from 10 on Tuesday with prices of two rising, three declining and three ending unchanged.

The market closed with an exchange of 998,749 shares for US$31,588 down from 1,644,221 stocks at US$53,768 on Tuesday. Trading averaged 124,844 shares at US$3,948 much lower than 164,422 stocks at US$5,377 on Tuesday, with a month to date average of 142,725 units at US$4,975 compared with 151,140 stocks at US$5,458 on the previous day and November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index slipped 0.22 points to end at 265.50. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share dipped 0.03 of a cent to 2.4 US cents with 20,800 stocks changing hands, MPC Caribbean Clean Energy sank 5 cents to end at 55 US cents with a mere 1 unit changing hands, Proven Investments declined 0.1 of a cent to close at 11 US cents with 418 shares clearing the market. Sygnus Real Estate Finance USD share remained at 6 US cents after 6,783 stock units were traded and Transjamaican Highway ended at 2.85 US cents after an exchange of 970,382 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.16 as just 10 stock units crossed the market, Productive Business Solutions 9.25% preference share rallied 90 cents to US$10.50 after an exchange of 100 units and Sygnus Credit Investments US 8% popped 98 cents to finish at US$9.60 with 255 stocks crossing the market after the price hit an intraday 52 weeks’ low of $8.60.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading jumps sharply on JSE USD market

December 3, 2024 by
The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded increased 78 percent with a 38 percent greater value compared to Monday, resulting in trading in 10 securities, up from seven on Monday with prices of four rising, three declining and three ending firm.

The market closed with an exchange of 1,644,221 shares for US$53,768 compared to 925,163 stocks at US$39,022 on Monday.
Trading averaged 164,422 shares at US$5,377 compared to 132,166 stocks at US$5,575 on Monday, with a month to date average of 151,140 units at US$5,458 compared with an average of 186,934 shares at US$9,182 for November.
The US Denominated Equities Index sank 0.31 points to wrap up trading at 266.74. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share sank 0.02 of one cent and ended at 2.43 US cents with investors trading 1,000 units, Margaritaville ended at 8 US cents with 14 stocks crossing the exchange, MPC Caribbean Clean Energy gained 10 cents to end at 60 US cents with 10 shares changing hands. Proven Investments remained at 11.1 US cents after it closed with 3,373 stock units changing hands, Sterling Investments ended at 1.55 US cents with investors swapping 291 shares, Sygnus Credit Investments rose 0.01 of one cent to 7 US cents with 42,442 units switching owners and Transjamaican Highway climbed 0.23 of one cent to 2.85 US cents with traders dealing in 1,596,490 stocks.
In the preference segment, JMMB Group US8.5% preference share popped 5 cents to US$1.16 after an exchange of just 1 stock unit, Productive Business Solutions 9.25% preference share dropped 80 cents to close at US$9.60 with investors trading 500 shares and Sygnus Credit Investments US8% lost US$1.38 to end at a 52 weeks’ low of US$8.62 after an exchange of 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Strong weekly start for JSE USD Market

December 2, 2024 by
Stocks surged in trading on Monday with a 335 percent jump in volume at a 109 percent greater value than on Friday on the Jamaica Stock Exchange US dollar market, resulting in the exchange of seven securities, down from 10 on Friday with the price of no stock rising, two declining and five ending unchanged.

The market closed with an exchange of 925,163 shares for US$39,022 up from 212,448 stocks at US$18,687 on Friday. Trading ended with an average of 132,166 shares at US$5,575 up from 21,245 stocks at US$1,869 on Friday, compared with November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index dropped 0.81 points to conclude trading at 267.05. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the trading activity, First Rock Real Estate USD share ended at 2.45 US cents with investors trading 20,275 stock units, Proven Investments remained at 11.1 US cents after an exchange of 132,539 shares, Sterling Investments ended at 1.55 US cents with 19 stock units changing hands. Sygnus Real Estate Finance USD share remained at 6 US cents after an exchange of just 1 stock and Transjamaican Highway lost 0.27 of a cent to finish at 2.62 US cents with investors swapping 772,141 units.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$10.40 with an exchange of 175 stocks and Sygnus Credit Investments E8.5% dropped US$1 to US$9 with 13 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE USD market just shy of 2024 high

November 29, 2024 by
The Jamaica Stock Exchange US dollar market closed with robust trading on Friday, resulting in an exchange of 10 securities, up from nine on Thursday with prices of five rising, two declining and three ending firm following a 54 percent drop in the volume traded accompanied by a slight dip in value than on Thursday as the market closed just shy of 2024 high, in March.

The market closed with an exchange of 212,448 shares for US$18,687 compared to 466,535 stock units at US$18,867 on Thursday.
Trading averaged 21,245 shares at US$1,869 compared with 51,837 stocks at US$2,096 on Thursday, with a month to date average of 186,934 units at US$9,182 compared with 196,915 shares at US$9,622 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index rocketed 14.47 points to close at 266.82, just shy of the highest point for the year of 269.04 on March 7th. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden increased 4.7 cents to end at 25 US cents with investors dealing in 500 shares, First Rock Real Estate USD share remained at 2.45 US cents after an exchange of 3,000 stocks, Margaritaville ended at 8 US cents after trading of just 5 shares. Proven Investments remained at 11.1 US cents as investors exchanged 118,644 stock units, Sterling Investments popped 0.07 of one cent in closing at 1.55 US cents in switching ownership of 43 shares, Sygnus Credit Investments lost 0.01 of a cent to close at 6.99 US cents with investors trading 7,000 stocks. Sygnus Real Estate Finance USD share advanced 0.91 of one cent to 6 US cents with 2,563 units crossing the market and Transjamaican Highway rose 0.13 of a cent in closing at 2.89 US cents with a transfer of 80,458 stock units.

In the preference segment, Productive Business Solutions 9.25% preference share shed 4 cents to end at US$10.40 with 225 shares clearing the market and Sygnus Credit Investments E8.5% gained US$1.49 to finish at US$10 in an exchange of 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops back on JSE USD Market

November 28, 2024 by

The Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded declining 67 percent with an 82 percent lower value than Wednesday and similar to Wednesday trading resulting in an exchange of nine securities, with prices of two rising, four declining and three ending unchanged.

The market closed with an exchange of 466,535 shares for US$18,867 down sharply from 1,404,682 stock units at US$104,481 on Wednesday. Trading averaged 51,837 shares at US$2,096 well below the 156,076 stocks at US$11,609 on Wednesday, with a month to date average of 196,915 units at US$9,622 compared with 205,232 stocks at US$10,054 on the previous day and October that ended with an average of 426,617 units for US$11,189. The US Denominated Equities Index increased by 0.22 points to conclude trading at 252.36. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share sank 0.05 of a cent to finish at 2.45 US cents with traders dealing in 21 stocks, Margaritaville ended at 8 US cents in an exchange of 2 units, MPC Caribbean Clean Energy declined 4 cents to end at 50 US cents with investors trading 209 shares. Proven Investments remained at 11.1 US cents in an exchange of 49,575 stock units, Sygnus Credit Investments remained at 7 US cents and closed after 160 shares changed hands and Transjamaican Highway lost 0.2 of a cent to close at 2.76 US cents in trading 416,368 stock units.                        In the preference segment, JMMB Group US8.5% preference share popped 2 cents to US$1.11 after 89 stocks passed through the market, Productive Business Solutions 9.25% preference share rose 14 cents and ended at US$10.44 with investors trading 106 units and Sygnus Credit Investments E8.5% slipped US$1.49 in closing at a 52 weeks’ low of US$8.51 with just 5 shares crossing the exchange.

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

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