JSE USD market up ahead of month end

November 27, 2024 by
The Jamaica Stock Exchange US dollar market closed on Wednesday, with a rise in the market index following a drop in the volume of stocks traded with 95 percent more value than on Tuesday, with the market closing with nine securities trading on Wednesday similar to Tuesday and ending with prices of three rising, three declining and three ending unchanged.

The market closed with an exchange of 1,404,682 shares for US$104,481 compared to 1,575,237 stocks at US$53,490 on Tuesday.
Trading averaged 156,076 shares at US$11,609 compared to 175,026 stocks at US$5,943 on Tuesday, with a month to date average of 205,232 units at US$10,054 compared with 208,221 stocks at US$9,959 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 4.66 points to 252.14, up 9.1 percent for the year to date. The Investor’s Choice bid-offer indicator shows one 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 market activity, First Rock Real Estate USD share sank 0.03 of one cent to finish at a 52 weeks’ low of 2.5 US cents and closed with 498,021 stocks changing hands, Margaritaville remained at 8 US cents with 138 units crossing the exchange, Proven Investments advanced 0.1 of one cent to 11.1 US cents with a transfer of 749,741 shares. Sterling Investments dropped 0.07 of a cent in closing at 1.48 US cents with 10 stock units clearing the market, Sygnus Credit Investments ended at 7 US cents after an exchange of 2,143 shares, Sygnus Real Estate Finance USD share popped 0.72 of one cent to close at 5.09 US cents with just 4 units crossing the market and Transjamaican Highway fell 0.03 of a cent to 2.96 US cents after an exchange of 154,155 stocks.

In the preference segment, Productive Business Solutions 9.25% preference share rallied 30 cents and ended at US$10.30 with 300 stock units crossing the market and Sygnus Credit Investments E8.5% remained at US$10 after investors exchanged 170 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops on JSE USD Market

November 25, 2024 by
The Jamaica Stock Exchange US dollar market closed, with the volume of stocks traded declining 13 percent with a 53 percent lower value on Monday than on Friday, resulting from an exchange of 10 securities, up from seven on Friday with prices of four rising, three declining and three ending unchanged.

The market closed with an exchange of 585,154 shares for US$33,029 with a fall from 669,330 stocks at US$70,066 on Friday.
Trading averaged 58,515 shares at US$3,303 compared to 95,619 stocks at US$10,009 on Friday, with a month to date average of 210,370 units at US$10,219 compared with 222,142 stocks at US$10,756 on the previous day and October with an average of 426,617 units for US$11,189.
The US Denominated Equities Index skidded 5.07 points to conclude trading at 240.73. The Investor’s Choice bid-offer indicator shows three 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 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, First Rock Real Estate USD share fell 0.46 of one cent and ended at a 52 weeks’ low of 2.53 US cents with investors dealing in 334 stocks, Margaritaville shed 0.44 of one cent to end at 8.01 US cents in an exchange of 2,089 units, Proven Investments rallied 1 cent to finish at 11 US cents after the trading of 3,722 shares. Sterling Investments increased 0.15 of a cent to end at 1.55 US cents in an exchange of 3,860 stock units, Sygnus Credit Investments ended at 7 US cents with 104,710 shares crossing the market and Transjamaican Highway popped 0.01 of one cent to close at 2.71 US cents with a transfer of 468,453 units.

In the preference segment, JMMB Group 5.75% remained at US$1.80 after 763 stocks passed through the market, Productive Business Solutions 9.25% preference share dropped US$1 and ended at US$9 with investors trading 775 stock units, Sygnus Credit Investments US 8% climbed 16 cents to close at US$10.36 with a mere 1 share clearing the market and Sygnus Credit Investments E8.5% remained at US$10 in trading 447 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading slumps on the JSE USD market

November 22, 2024 by

e Jamaica Stock Exchange US dollar market at the close on Friday, with an 84 percent lower value than on Thursday, resulting in the exchange of seven securities, down from nine on Thursday with the price of one rising, two declining and four ending unchanged.

The market closed with an exchange of 669,330 shares for US$70,066 compared to 16,925,886 stocks at US$433,335 on Thursday. Trading averaged 95,619 shares at US$10,009  down sharply from 1,880,654 stocks at US$48,148 on Thursday, with a month to date average of 222,142 stock units at US$10,756 compared with 229,401 shares for US$10,798 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index rallied 5.63 points to settle at 245.78. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
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 on Friday, Proven Investments ended at 10 US cents after an exchange of 210,272 stock units, Sygnus Credit Investments rose 0.23 of a cent to finish at 7 US cents with investors trading 354,924 shares, Sygnus Real Estate Finance USD share remained at 3.8 US cents after a transfer of 2,566 units and Transjamaican Highway shed 0.01 of a cent to end at 2.7 US cents with investors trading 90,494 stocks.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.09 after an exchange of 10,000 units, Productive Business Solutions 9.25% preference share remained at US$10 with 474 stocks crossing the market and Sygnus Credit Investments E8.5% slipped 10 cents to US$10 after an exchange of 600 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Huge surge in trading on JSE USD market

November 21, 2024 by
Market activity ended with a huge surge in trading on the Jamaica Stock Exchange US dollar market on Thursday with stocks changing hands leaping 2,701 percent higher at an 825 percent greater value than on Wednesday, resulting in the exchange of nine securities, compared to seven on Wednesday with prices of three rising, three declining and three ending unchanged.

The market closed with a huge exchange of 16,925,886 shares for US$433,335 well above 604,241 stocks that traded at US$46,865 on Wednesday. Trading ended with an average of 1,880,654 shares at US$48,148 up from 86,320 stocks at US$6,695 on Wednesday, with a month to date average of 229,401 units at US$10,798 compared with 97,886 stocks at US$7,824 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index lost 6.66 points to end the day at 240.16. 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 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 of the market, First Rock Real Estate USD share remained at 2.99 US cents with 1 stock unit traded, MPC Caribbean Clean Energy ended at 54 US cents with 50 shares switching owners, Productive Business Solutions remained at US$1.77 with 5 units crossing the exchange. Proven Investments rallied 0.75 of one cent to 10 US cents with 99,000 stocks being traded, Sygnus Credit Investments skidded 0.23 of one cent to finish at 6.77 US cents in an exchange of 73 shares, Sygnus Real Estate Finance USD share fell 1.2 cents to close at a 52 weeks’ low of 3.8 US cents with investors swapping 3,834 stocks and Transjamaican Highway slipped 0.04 of one cent to 2.71 US cents with an exchange of 16,822,836 units.

In the preference segment, Productive Business Solutions 9.25% preference share increased 99.9 cents to end at US$10 with 84 stock units clearing the market and Sygnus Credit Investments E8.5% climbed 10 cents to US$10.10 as investors exchanged just 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading spiked on the JSE USD Market

November 20, 2024 by
Trading spiked on the Jamaica Stock Exchange US dollar market on Wednesday, with a 389 percent surge in the volume of stocks traded as then climbed 233 percent over that on Tuesday, resulting in the exchange of seven securities, compared with eight, with the price of only one rising, four declining and two ending unchanged.

The market closed with an exchange of 604,241 shares for US$46,707 compared to 123,521 stocks at US$14,086 on Tuesday.
Trading ended with an average of 86,320 shares at US$6,672 compared to 15,440 stocks at US$1,761 on Tuesday, with a month to date average of 97,886 units at US$7,824 compared with 98,650 stocks at US$7,898 on the previous day and October with an average of 426,617 stock units for US$11,189.
The US Denominated Equities Index declined 2.91 points to close at 245.83. The Investor’s Choice bid-offer indicator shows four 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 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, First Rock Real Estate USD share slipped 0.01 of a cent to end at a 52 weeks’ low of 2.99 US cents with 1,309 units switching owners, Proven Investments lost 1.85 cents in ending at 9.25 US cents with 272,343 stocks traded, Sygnus Real Estate Finance USD share ended at 5 US cents with 26,118 shares clearing the market and Transjamaican Highway slipped 0.13 of one cent to end at 2.75 US cents with a transfer of 302,611 stock units.                      In the preference segment, JMMB Group 5.5% remained at US$1.90 with a mere 15 shares crossing the market, JMMB Group 5.75% sank 30 cents to close at US$1.80 in an exchange of 832 stocks and Productive Business Solutions 9.25% preference share advanced 0.1 of one cent to US$9.001 with investors dealing in 1,013 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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USD market jumps sharply  

November 19, 2024 by
The Jamaica Stock Exchange US dollar market closed sharply higher on Tuesday, following an exchange of eight securities, down from 10 on Monday with prices of three rising, three declining and two ending unchanged, resulting in the US Denominated Equities Index surging 22.41 points to conclude trading at 248.79 and lift the year to date gains to 8 percent, following a 98 percent drop in the volume of stocks traded, with a 97 percent lower value than on Monday.

The market closed with an exchange of 123,521 shares for US$14,086 compared to 4,993,262 stock units at US$460,060 on Monday. Trading averaged 15,440 shares at US$1,761 compared to 499,326 stocks at US$46,006 on Monday, with a month to date average of 98,650 units at US$7,898 compared with 105,442 stocks at US$8,399 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and just one with a lower offer.
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, First Rock Real Estate USD share slipped 0.01 of one cent and ended at 3 US cents with an exchange of 44,272 stock units, MPC Caribbean Clean Energy remained at 54 US cents with 50 shares crossing the market, Productive Business Solutions gained 31 cents to finish at US$1.77 with investors trading just 6 units. Proven Investments ended at 11.1 US cents with 398 stocks changing hands, Sygnus Credit Investments rose 0.03 of a cent to close at 7 US cents with traders dealing in 27,203 stock units and Transjamaican Highway advanced 0.33 of a cent to end at a 52 weeks’ high of 2.88 US cents as 50,557 stocks passed  through the exchange.

In the preference segment, Productive Business Solutions 9.25% preference share fell US$1.50 to end at a 52 weeks’ low of US$9, with investors dealing in 700 shares and Sygnus Credit Investments US 8% declined 16 cents to US$10.20 with 335 stock units trading hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Big bounce for the JSE US$ market

November 18, 2024 by
Trading surged at the close of the Jamaica Stock Exchange US dollar market with the volumes of stocks trading on Monday surging 910 percent with a 1,812 percent greater value than Friday, following an exchange of 10 securities, up from six on Friday with prices of four rising, four declining and two ending unchanged.

The market closed with an exchange of 4,993,262 shares costing US$460,060 compared with 494,374 stock units at US$24,068 on Friday.
Trading averaged 499,326 shares at US$46,006 up from 82,396 stocks at US$4,011 on Friday. Trading for the month to date average 105,442 units at US$8,399 compared with 60,683 stocks at US$4,126 on the previous day and October with an average of 426,617 units for US$11,189.
The US Denominated Equities Index rallied 3.32 points to close at 227.32. The Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and just 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 market activity, Margaritaville sank 0.54 of one cent to close at 8.45 US cents in an exchange of 42 stocks, Productive Business Solutions ended at US$1.46 and closed with 44 units changing hands, Proven Investments remained at 11.1 US cents with 4,406,357 shares switching owners. Sterling Investments shed 0.15 of one cent and ended at 1.4 US cents as investors exchanged 6,878 stock units, Sygnus Credit Investments lost 0.01 of one cent to end at 6.97 US cents with a transfer of 5,000 shares, Sygnus Real Estate Finance USD share advanced 0.01 of a cent in closing at 5 US cents with 52,355 stocks crossing the exchange and Transjamaican Highway rose 0.15 of a cent to 2.55 US cents with investors dealing in 522,091 units.

In the preference segment, JMMB Group 5.75% gained 12 cents to US$2.10 in an exchange of 226 stock units, Productive Business Solutions 9.25% preference share popped US$1 to end at US$10.50 but only after hitting a 52 weeks’ intraday low of $9 with investors trading 266 shares and Sygnus Credit Investments E8.5% dipped 90 cents to close at US$10 with an exchange of a mere 3 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE USD market trading jumps 75%

November 15, 2024 by
The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded rising 75 percent with a 47 percent more value than on Thursday, resulting in exchange of six securities, compared with 10 on Thursday with prices of three rising, one declining and two ending unchanged.

The market closed with an exchange of 494,374 shares for US$24,068 compared with 283,206 stock units at US$16,423 on Thursday.
Trading averaged 82,396 shares at US$4,011 compared to 28,321 stocks at US$1,642 on Thursday, with a month to date average of 60,683 units at US$4,126 compared with 59,094 stocks at US$4,134 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index popped 1.27 points to end at 223.99. The Investor’s Choice bid-offer indicator shows no stock ending 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 6.8. 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, MPC Caribbean Clean Energy increased 6 cents to finish at 54 US cents after an exchange of 350 stocks, Productive Business Solutions trading for the first time in months, following the lifting of suspension in trading popped 1 cent to US$1.46 with 31 stock units clearing the market, Proven Investments closed at 11.1 US cents with traders dealing in 57,264 shares. Sygnus Credit Investments ended at 6.98 US cents with 160,023 stocks passing through the market and Transjamaican Highway advanced 0.02 of one cent to end at 2.4 US cents in an exchange of 276,697 shares.

In the preference segment, Sygnus Credit Investments E8.5%shed 10 cents to close at US$10.90 with 9 stock units crossing the market.
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 back

November 14, 2024 by
Trading plunged on the Jamaica Stock Exchange US dollar market on Thursday, with a 92 percent drop in the volume of stocks traded having a 93 percent lower value than on Wednesday, resulting from an exchange of 10 securities, compared with nine on Wednesday and ended with prices of four rising, five declining and one ending unchanged.

A mere 283,206 shares were traded when the market closed for US$16,423 compared to 3,730,741 stock units for US$237,829 on Wednesday. Trading averaged 28,321 shares at US$1,642 compared to 414,527 stocks at US$26,425 on Wednesday, with a month to date average of 59,094 units at US$4,134 compared with 63,368 stocks at US$4,480 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index skidded 1.69 points to cease trading at 222.72. 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, First Rock Real Estate USD share fell 0.06 of a cent to 3.01 US cents with investors trading 3,377 units, MPC Caribbean Clean Energy sank 5.01 cents to close at a 52 weeks’ low of 48 US cents after an exchange of 70 stocks, Proven Investments declined 0.03 of one cent to 11.1 US cents with 93,006 shares crossing the market.  Sterling Investments lost 0.15 of one cent to end at 1.55 US cents after a transfer of 11,245 stock units, Sygnus Credit Investments rose 0.46 of a cent and ended at 6.98 US cents as 2,000 shares crossed the market, Sygnus Real Estate Finance USD share gained 0.99 of a cent to finish at at a 52 weeks’ low of 4.99 US cents after an exchange of 37,117 stock units and Transjamaican Highway ended at 2.38 US cents with investors swapping 135,905 shares.

In the preference segment, JMMB Group 5.5% skidded 14.99 cents to US$1.90 with 236 stock switching owners, JMMB Group 5.75% popped 18 cents to close at US$1.98 with investors dealing in 249 shares and Sygnus Credit Investments US 8% increased 96 cents to US$10.36 with a mere one unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

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Huge surge in trading on JSE USD market

November 13, 2024 by
Stocks delivered a huge surge value and volume on Wednesday at the close of the Jamaica Stock Exchange USD market, with the volume rocketing 3,900 percent higher than Tuesday, with the value ballooning 5,159 percent, resulting from trading in nine securities, up from eight on Tuesday, with prices of five rising and four declining.

The market closed with an exchange of 3,730,741 shares for US$237,829 compared to 93,280 stocks at US$4,522 on Tuesday.
Trading averaged 414,527 shares at US$26,425 compared to 11,660 stocks at US$565 on Tuesday, with a month to date average of 63,368 units at US$4,480 compared with 13,202 shares at US$1,345 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index skidded 19.87 points to finish at 223.47. The Investor’s Choice bid-offer indicator shows one 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 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, AS Bryden shed 4.7 cents to close at 20.3 US cents after an exchange of just one share, Margaritaville increased 0.98 of a cent to finish at 8.99 US cents after closing with an exchange of 149 units, MPC Caribbean Clean Energy sank 14.06 cents and ended at 53.01 US cents with a transfer of 292 shares. Proven Investments skidded 2.76 cents to end at 11.13 US cents with 29,524 stocks crossing the market, Sterling Investments climbed 0.05 of a cent to close at 1.7 US cents with a transfer of a 100 shares, Sygnus Credit Investments popped 0.01 of a cent to close at 6.52 US cents with 3,503,734 units crossing the market. Sygnus Real Estate Finance USD share fell 1 cent to a 52 weeks’ low of 4 US cents with investors trading 2,030 stocks and Transjamaican Highway rallied 0.03 of a cent to close at 2.38 US cents 94,798 stock units crossed the exchange.

In the preference segment, Sygnus Credit Investments E8.5% rose US$1 and ended at US$11 with investors swapping 113 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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