Declining stocks beat winners

Trading on the Jamaica Stock Exchange US dollar market on Wednesday ended with the volume of stocks traded rising 40 percent with 37 percent lower value than on Tuesday, resulting in eight securities trading, similar to Tuesday with two rising, four declining and two ending unchanged.
The JSE US Denominated Equities Index fell 0.99 points to close at 211.23. The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 102,227 shares traded for US$5,437 compared to 73,220 units at US$8,686 on Tuesday.
Trading averaged 12,778 units at US$680, compared to 9,153 shares at US$1,086 on Tuesday, with a month to date average of 33,438 shares at US$3,315 versus 35,405 units at US$3,566 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 6 US cents with the swapping of 26,896 shares, Margaritaville dropped 2 cents to 10 US cents with an exchange of 12,514 stocks, Proven Investments shed 0.12 of a cent in ending at 24.13 US cents after trading 909 stock units. Sterling Investments fell 0.11 cents to 2 US cents with 4,700 units changing hands, Sygnus Credit Investments USD share increased 0.58 of one cent to end at 12 US cents with 9,412 shares clearing the market, Sygnus Real Estate Finance USD share fell 0.15 of a cent in closing at 13 US cents after finishing trading 383 stocks and Transjamaican Highway ended at 0.95 of one US cent, with 46,834 units crossing the market.
In the preference segmentJMMB Group 6% rallied 0.13 of a cent to US$1.10 while exchanging 579 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for the JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the market index rising 5.75 points to 212.22 after eight securities were traded, compared to five on Monday with four rising, one declining and three ending unchanged.
Overall, 73,220 shares were traded for US$8,686 compared to 88,015 units at US$8,502 on Monday. Trading averaged 9,153 units at US$1,086, versus 17,603 shares at US$1,700 on Monday, with month to date average of 35,405 shares at US$3,566 versus 38,169 units at US$3,827 on the previous day. June ended with an average of 71,901 units for US$8,793.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital USD share ended unchanged at 6 US cents after exchanging 54,700 shares, Margaritaville declined 1 cent to end at 12 US cents in trading 430 stock units, Proven Investments increased 1.25 cents to close at 24.25 US cents, with 6,755 stocks crossing the exchange. Sygnus Credit Investments USD share popped 0.02 of a cent in ending at 11.42 US cents in exchanging 10,000 units and Transjamaican Highway remained at 0.95 of one US cent, with four stock units changing hands.
In the preference segmentEppley 6% preference share rose 16.9 cents in ending at US$1.296 after trading 46 shares, JMMB Group 5.75% finished at US$2.03, with 1,251 units crossing the market and JMMB Group 6% gained 8.77 cents to US$1.0987 in switching ownership of 34 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading for JSE markets

Stocks lost steam at the close of the trading on the Jamaica Stock Exchange on Tuesday with main market indices falling and the Junior and JSE USD markets rising, with modest changes as the market closed with the JSE Combined Index falling 967.97 points to 394,516.85 on a day when trading rose firmly over Monday’s levels.
Trading ended, with 27,304,700 shares changing hands in the overall market, carrying a value of $167.4 million, while the JSE USD market ended with the value of stocks traded at US$8,686.
At the close, the All Jamaican Composite Index dipped 1,135.65 points to 435,490.04 the JSE Main Index shed 1,091.49 points to close at 380,636.02, the Junior Market rose just 5.84 points to 4,294.56 and the JSE USD market Index popped 5.75 points to 212.22.
The market’s PE ratio ended at 23.4 based on 2021-22 earnings and 12.8 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment choices, in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Stocks mostly fall on the JSE USD market

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Trading on Monday, with the volume of stocks traded declining 81 percent and the value diving 91 percent lower than on Friday, at the close of the Jamaica Stock Exchange US dollar market, resulting in five securities traded, compared to eight on Friday with one rising, two declining and two ending unchanged.
The JSE US Denominated Equities Index dipped 3.19 points to end at 206.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 88,015 shares traded for US$8,502 compared to 457,523 units at US$96,524 on Friday. Trading averaged 17,603 units at US$1,700, compared to 57,192 shares at US$12,065 on Friday, with a month to date average of 38,169 shares at US$3,827 versus 39,617 units at US$3,977 on the previous day. June ended with an average of 71,901 units for US$8,793.
The investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Capital USD share ended unchanged at 6 US cents after trading at an intraday 52 weeks’ low of 5.51 US cents, with 23,666 shares clearing the market, Proven Investments rallied 1 cent in ending at 23 US cents after trading 28,076 stock units, Sterling Investments fell 0.04 of a cent to end at 2.11 US cents with 100 stocks changing hands. Sygnus Credit Investments USD share shed 1.58 cents to 11.4 US cents in exchanging 5,807 units and Transjamaican Highway finished at 0.95 US cents in an exchange of 30,366 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps for JSE USD Market

US dollar market trading on the Jamaica Stock Exchange closed Friday, with the volume of stocks traded jumping 214 percent and the value surging 297 percent above Thursday’s levels, resulting in eight securities trading, compared to seven on Thursday with two rising, four declining and two ending unchanged.
Overall, 457,523 shares traded for US$96,524, up from 145,561 units at US$24,336 on Thursday. Trading averaged 57,192 units at US$12,065, compared to 20,794 shares at US$3,477 on Thursday, with a month to date average of 39,617 shares at US$3,977 versus 37,385 units at US$2,950 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index 1.26 lost points to end at 209.66.
The PE Ratio, a tool used to compute appropriate stock values, averages 8.8. The PE Ratios use ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
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.
At the close, First Rock Capital USD share dropped 1 cent to close at 6 US cents, with 94,082 shares clearing the market, Margaritaville lost 1.99 cents to end at 13 US cents in exchanging 15 units, Proven Investments shed 2.41 cents after ending at 22 US cents with an exchange of 268,403 stock units. Sterling Investments rallied 0.14 of a cent to 2.15 US cents, with 100 stocks crossing the market, Sygnus Credit Investments USD share gained 0.98 of one cent in closing at 12.98 US cents, with 84,642 units changing hands, Sygnus Real Estate Finance USD share fell 0.25 of a cent to end at 13.15 US cents, with 16 shares crossing the exchange and Transjamaican Highway remained at 0.95 US cents while exchanging 812 stocks.In the preference segmentJMMB Group 5.75% finished at US$2.03 after exchanging 9,453 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises on the JSE USD market

The volume of stocks traded jumped 136 percent on Thursday, with the value surging 270 percent more than on Wednesday at the close of the Jamaica Stock Exchange US dollar market, resulting in seven securities traded, up from five on Wednesday with two rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index slipped 1.35 points to end at 210.92. The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of 145,561 shares were traded for US$24,336 versus 61,706 units at US$6,586 on Wednesday. Trading averaged 20,794 units at US$3,477, up from 12,341 shares at US$1,317 on Wednesday, with a month to date average of 37,385 shares at US$2,950 versus 39,459 units at US$2,884 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share shed 0.5 of a cent to 7 US cents, with 18,673 shares crossing the market, Proven Investments popped 1.41 cents in ending at 24.41 US cents after trading of 78,243 stocks, Sterling Investments lost 0.09 cents to end at 2.01 US cents after exchanging 23,153 stock units. Sygnus Credit Investments USD share finished at 12 US cents in an exchange of 2,417 units, Sygnus Real Estate Finance USD share rallied 1.2 cents in closing at 13.4 US cents with 1,453 shares changing hands and Transjamaican Highway dropped 0.02 drop of a cent in closing at 0.95 US cents after trading 19,622 units.In the preference segmentJMMB Group 5.75% declined 3 cents to close at US$2.03 in trading 2,000 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Jamaican stocks

Trading on the Junior Market was spirited on Thursday accounting for $40 million against $87 million in the Jamaica Stock Exchange Main Market, with PanJam Investment trading nearly $17 million in shares, with the market closing with modest changes in the indices as shown by the JSE Combined Index that rose a mere 82.65 points to end at 395,498.92.

PanJam Investment topped trading on Thursday with $17m

Trading ended on Thursday, with a mere 17,460,701 shares changing hands in the overall market, with a value of just $127.2 million, while the JSE USD market ended with the value of stocks traded at US$24,336.
At the close, the All Jamaican Composite Index rose 169.71 points to 436,411.29, the JSE Main Index added just 30.25 points to close at 381,316.25, the Junior Market rose 6.05 points to 4,333.05 and the JSE USD market Index slipped 1.35 points to 210.92.
The market’s PE ratio ended at 23.4 based on 2021-22 earnings and 12.7 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment choices, in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

 

Trading dives on JSE USD market

Trading on Wednesday closed on the Jamaica Stock Exchange US dollar market with the volume of stocks traded declining 87 percent and the value diving 81 percent lower than on Tuesday,  resulting in five securities traded, compared to seven on Tuesday with two rising, one declining and two ending unchanged.
Overall, 61,706 shares traded for US$6,586 down from 487,396 units at US$33,962 on Tuesday. Trading averaged 12,341 units at US$1,317, compared to 69,628 shares at US$4,852 on Tuesday, with a month to date average of 39,459 shares at US$2,884 versus 42,118 units at US$3,038 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index lost 0.42 points to end at 212.27. The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share ended at 7.5 US cents in switching ownership of 10 shares, Proven Investments finished trading 17,029 stocks at 23 US cents, Sygnus Credit Investments USD share rose 0.5 of a cent after ending at 12 US cents with the swapping of 18,456 units and Transjamaican Highway lost 0.02 of a cent in closing at 0.97 US cents, with 26,115 stocks crossing the exchange.
In the preference segmentJMMB Group 5.75% rose 0.3 of a cent to end at US$2.06, with 96 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSEUSD Market

Trading at the close of the Jamaica Stock Exchange US dollar market on Tuesday, the volume of stocks traded rose 56 percent and the value was 85 percent more than on Monday and resulting in seven securities traded, as was the case on Monday with three rising, two declining and two ending unchanged.
A total of 487,396 shares traded for US$33,962 compared to 313,255 units at US$18,398 on Monday. Trading averaged 69,628 units at US$4,852, versus 44,751 shares at US$2,628 on Monday, with month to date average of 42,118 shares at US$3,038 versus 37,741 units at US$2,749 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index slipped 0.87 points to 212.69.
The PE Ratio, a tool used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial year ending, up to August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.1 of a cent to 7.5 US cents with an exchange of 3,223 shares, Margaritaville remained at 14.99 US cents and closed with 100 stock units changing hands, Proven Investments ended unchanged at 23 US cents in trading 79,805 units. Sterling Investments popped 0.2 of one cent to close at 2.1 US cents while exchanging 100 stocks, Sygnus Credit Investments USD share fell 1.45 cents in ending at 11.5 US cents in exchanging 107,246 units, Sygnus Real Estate Finance USD share climbed 0.2 of a cent in ending at 12.2 US cents in an exchange of 4 stock units and Transjamaican Highway declined 0.01 of a cent in closing at 0.99 of one US cent after 296,918 shares crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE USD market

Trading on the Jamaica Stock Exchange US dollar market closed on Monday, with the volume of stocks traded rising jumping 94 percent and the value 105 percent more than on Friday, resulting in seven securities changing hands, the same as on Friday with one rising, four declining and two ending unchanged.
A total of 313,255 shares traded for US$18,398 compared to 161,279 units at US$8,982 on Friday. Trading averaged 44,751 units at US$2,628, versus 23,040 shares at US$1,283 on Friday, with a month to date average of 37,741 shares US$2,749 versus 36,415 units at US$2,772 on the previous day. Trading in June averaged 71,901 units for US$8,793.
The JSE US Denominated Equities Index gained 0.73 points, in ending at 213.56.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share lost 0.6 of a cent to close at 7.4 US cents in trading 2,000 shares, Margaritaville ended at 14.99 US cents after 24 stock units crossed the market, Proven Investments shed 0.8 of one cent in closing at 23 US cents with an exchange of 47,865 stocks. Sygnus Credit Investments USD share fell 0.02 of a cent to 12.95 US cents after an exchange of 37,800 units, Sygnus Real Estate Finance USD share remained at 12 US cents in switching ownership of 86 units and Transjamaican Highway gained 0.07 of a cent to end at 1 US cent in exchanging 225,442 shares.
In the preference segmentJMMB Group 6% dropped 8.9 cents and ended at US$1.011 after trading 38 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.