AS Bryden — Page 77

Stock trading climbs on JSE Main Market

November 13, 2024 by IC Insider.com

The Jamaica Stock Exchange Main Market dropped on Wednesday following a steep 83 percent rise in the volume of stocks traded rising with the value surging 247 percent over Tuesday’s level and ending with trading in 56 securities down from 59 on Tuesday, with prices of 20 stocks rising, 22 declining and 14 ending unchanged.

The market closed with 10,953,752 shares trading for $119,800,922 up from 5,969,741 stocks with a value of $34,563,641 on Tuesday. Trading ended with an average of 195,603 shares at $2,139,302 compared to 101,182 stock units at $585,824 on Tuesday. Trading month to date, ended with an average of 214,823 units at $1,987,830 just marginally different than the 217,104 shares trading at $1,969,859 on the prior day and October with an average of 205,025 stock units at $2,311,672.

Sygnus Credit Investments led trading with 2.57 million shares for 23.5 percent of total volume followed by Sagicor Select Financial Fund with 1.81 million stock units for 16.5 percent of the day’s trade and Transjamaican Highway with 1.32 million units for 12 percent of market share, with the stock closing at a record close of $3.75.

The All Jamaican Composite Index shed 2,372.43 points to settle at 359,090.31, the JSE Main Index dipped 3,081.90 points to close at 311,271.77 and the JSE Financial Index dipped 0.22 points to conclude trading at 64.67. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and just six with lower offers.

The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activity, AS Bryden dropped $2.89 to $31.11 with 183 shares changed hands, Caribbean Cement gained $1 in closing at $70 with 10,474 shares clearing the market, Carreras sank 62 cents to finish at $11.03 in switching ownership of 666,816 shares. Guardian Holdings declined $4 and ended at $310 as investors exchanged 9,519 units, JMMB Group rose 55 cents to end at $22.80 with 60,133 units clearing the market, Massy Holdings sank $3.89 to close at $70.11 with 9,031 shares being traded. Proven Investments shed $1.83 to $17 with 45,481 stock units crossing the market, Scotia Group lost $1 to settle at $47 with investors dealing in 172,270 stocks and Supreme Ventures rallied $1.10 to finish at $22.47 with 16,662 units changing hands.

In the preference segment, 138 Student Living preference share skidded $54.01 and ended at $209.99 with investors trading 88 stocks after it traded at an intraday 52 weeks’ high of $303.60.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Lower trading pushes Main Market down

November 12, 2024 by IC Insider.com

Trading dropped hard on Tuesday on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded declining 50 percent and the value 47 percent lower than on Monday, with the lower demand putting pressure on the majority of the 59 securities that traded, down from 62 on Monday, resulting in the prices of 16 stocks rising, 32 declining and 11 unchanged as the market closed with Scotia Group closing at a 52 weeks’ high, while VM Investments and Eppley Caribbean Fund traded at 52 weeks’ lows.

The market closed with a mere 5,969,741 shares trading for a measly $34,563,641 down from 11,953,622 stocks at $65,051,577 on Monday.
Trading averaged just 101,182 shares at a mere $585,824 per company, from 192,800 stocks at $1,049,219 on Monday and month to date, an average of 217,104 units at $1,969,859 compared with 233,664 shares at $2,167,578 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 1.66 million shares for 27.8 percent of total volume followed by Transjamaican Highway with 1.27 million units for 21.3 percent of the day’s trade and Pulse Investments with 524,138 stock units for 8.8 percent market share.
The All Jamaican Composite Index declined 801.66 points to wrap up trading at 361,462.74, the JSE Main Index dropped 2,000.45 points to settle at 314,353.67 and the JSE Financial Index popped 0.21 points to finish at 64.89. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.

The Main Market ended with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activity, AS Bryden gained $2.90 to finish at $34 with 7 shares changing hands, Eppley fell 40 cents and ended at $32.50 after investors exchanged 1,964 stocks, Eppley Caribbean Property Fund lost $6.85 to close at a 52 weeks’ low of $30.15 with a transfer of 4,417 shares. General Accident sank 54 cents to $6 with 341,750 stock units traded at close, Guardian Holdings dropped $1 to end at $314 as 671 shares switched ownership, Jamaica Producers shed $1.89 in closing at $20.10 after a transfer of 6,554 units. Massy Holdings sank $7 to $74 with 2994 stocks traded, MPC Caribbean Clean Energy rose $12.50 to finish at $88 with an exchange of 374 stock units, Proven Investments climbed 93 cents and ended at $18.83 with 30,570 shares crossing the market. Sagicor Group increased $1.01 to close at $39.11 after an exchange of 5,248 units, Scotia Group popped $1 to end at a 52 weeks’ high of $48 with investors swapping 39,310 stocks, Seprod rallied 50 cents to close at $84.50 with 17,933 stock units clearing the market and Sygnus Real Estate Finance dipped $1.01 to $11.49 in an exchange of 2,369 shares.

In the preference segment, Jamaica Public Service 7% skidded $4.40 and ended at $40.50 with an 21 units crossing the market and 138 Student Living preference share advanced $22.51 to finish at $264 with investors trading 11 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on the JSE Main Market

November 11, 2024 by IC Insider.com

Trading on the Jamaica Stock Exchange Main Market ended Monday, with a 31 percent fall in the volume of stocks traded following a 75 percent drop in funds passing through the market compared with Friday, resulting in activities in 62 securities up from 57 on Friday and ending with prices of 21 rising, 20 declining and 21 ending unchanged.

The market closed with 11,953,622 shares trading costing $65,051,577 compared to 16,566,578 stock units at $251,744,914 on Friday. Trading ended with an average of 192,800 shares at $1,049,219 down from 290,642 stocks at $4,416,577 on Friday. For month to date, trading averaged 233,664 stock units valued $2,167,578, lower than the average of 240,882 shares at $2,365,123 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 5.05 million shares for 42.2 percent of total volume followed by Transjamaican Highway with 2.39 million stock units for 20 percent of the day’s trade and Lasco Manufacturing with 1.30 million units for 10.9 percent share of the total volume.
At the close of trading, the All Jamaican Composite Index dropped 1,411.66 points to end at 362,264.40, the JSE Main Index shed 1,362.91 points to finish at 316,354.12 and the JSE Financial Index sank 0.77 points to settle at 64.68. The Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and three with lower offers, a b signal for Tuesday’s opening.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close slow day of trading, AS Bryden dipped $2.90 to end at $31.10 with 955 stock units changing hands, Caribbean Cement fell by $2.39 to end at $69.01 after investors exchanged 7,321 shares, Kingston Wharves rallied $1.60 to finish at $30 with 18,667 units traded. Massy Holdings increased $1.40 and ended at $81 as 2,018 stocks crossed the market, NCB Financial sank $1 to close at $50.50 after an exchange of 75,019 shares, Proven Investments lost $2.07 to close at $17.90 with investors trading 7,014 stock units.

Sagicor Group dropped $1.90 to $38.10 as 5,576 stocks crossed the exchange, Scotia Group popped $1.39 in closing at $47 following the drying up of offers for the stock units against increased demand, with traders dealing in 161,697 units and Sygnus Real Estate Finance advanced $1 and ended at $12.50 in an exchange of 4,552 stocks.

In the preference segment, Jamaica Public Service 9.5% dipped $4.99 to finish at $2,895 with investors swapping 10 units, 138 Student Living preference share jumped $48.49 to close at $241.49 after an exchange of just 9 shares and Sygnus Credit Investments C10.5% popped $3 higher to end at $105 with 26 stock units having been traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wigton blows up trading on JSE Main Market

November 8, 2024 by IC Insider.com

Wigton Energy cornered nearly a third of the volume of Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 128 percent, with the value 404 percent more than on Thursday and similar to Thursday 57 securities were traded, with prices of nine rising, 28 declining and 20 ending unchanged.
The market closed with 16,566,578 shares trading for $251,744,914 up sharply from 7,270,315 stock units at $49,987,155 on Thursday.

Trading averaged 290,642 shares at $4,416,577 compared with 127,549 stocks at $876,968 on Thursday and for the month to date, an average of 240,882 units at $2,365,123 up from 231,235 shares at $1,967,392 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 5.08 million shares for 30.7 percent of total volume followed by Lasco Distributors with 1.95 million stock units for 11.8 percent of the day’s trade, Sagicor Select Financial Fund with 1.56 million stock units for 9.4 percent market share, Jamaica Producers with 1.50 million stock units for 9.1 percent of shares traded and GraceKennedy with 1.22 million units for 7.3 percent of total volume.
points to wrap up trading at 65.45. The Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers. The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

At the close of market activities, Barita Investments fell $2 to end at $73 in trading 2,171 stock units, Eppley skidded $2.40 to $32.90 with a transfer of 84,608 shares, Eppley Caribbean Property Fund fell $4.55 and ended at $37 with 94,218 stocks crossing the exchange. Guardian Holdings advanced $3 in closing at $315 with traders dealing in just 4 units. Jamaica Broilers dropped $1.16 to finish at $37 after a transfer of 520,372 stock units, JMMB Group lost $1.38 to close at $22.25 with investors dealing in 814,821 units. Lasco Manufacturing sank 60 cents to $7.60 as 102,840 shares changed hands, MPC Caribbean Clean Energy shed $8.80 to end at $75.50 as investors exchanged 500 stock units, NCB Financial declined 65 cents in closing at $51.50 with 149,508 shares traded. Pan Jamaica shed $2.50 to close at $47, with 620,960 units switching owners at the close of the market, Supreme Ventures slipped $1.40 to finish at $21.40 with an exchange of 12,443 stocks and Wisynco Group lost 45 cents and ended at $21.50 with 284,010 stock units clearing the market.

In the preference segment, Eppley 7.50% preference share popped 73 cents to $6.30 in an exchange of just one share and Sygnus Credit Investments C10.5% dropped $3 to close at $102 with investors swapping 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Solid gains for JSE Main Market

November 7, 2024 by IC Insider.com

Stocks delivered solid gains at the close of trading on the Jamaica Stock Exchange Main Market on Thursday, following an 18 percent decreased trading volume with the value falling 81 percent lower than on Wednesday, with activities in 57 securities compared with 59 previously and leading to prices of 21 stocks rising, 19 declining and 17 ending unchanged.

The market closed with 7,270,315 shares trading for $49,987,155 from 8,830,318 stocks at $268,011,472 on Wednesday.
Trading averaged 127,549 shares at $876,968 compared with 149,666 stocks at $4,542,567 on Wednesday and month to date, an average of 231,235 units at $1,967,392 down on 256,172 shares at $2,229,646 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Trading was led by Wigton Energy with 2.10 million shares for 28.9 percent of total volume followed by Transjamaican Highway with 1.24 million stock units for 17 percent of the day’s trade and QWI Investments with 1.13 million units for 15.6 percent market share.
The All Jamaican Composite Index advanced 3,204.71 points to end at 365,804.08, the JSE Main Index popped 2,259.74 points to 319,322.13 and the JSE Financial Index advanced 0.31 points to wrap up trading at 65.91. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Barita Investments slipped 95 cents in closing at $75 clearing with 2,202 stocks the market, Carreras gained 48 cents to $11.88 as investors exchanged 379,482 units, Eppley lost $2.14 to end at $35.30, 169 shares crossing the market. First Rock Real Estate dipped 50 cents and ended at $10 with a transfer of 6,000 stock units, Jamaica Broilers popped $2.55 to close at $38.16, with 61,669 shares crossing the exchange, Kingston Wharves climbed 89 cents to finish at $28.48 with investors trading 550 stock units. Margaritaville sank 51 cents to $14.79, with just one unit changing hands, NCB Financial rose $1.75 in closing at $52.15 with traders dealing in 9,174 stocks, Pan Jamaica advanced $2.40 to finish at $49.50, with 100 shares passing through the market. Proven Investments rallied $2.55 and ended at $19.99 after investors ended trading 10,505 stocks and Supreme Ventures increased $1.59 to close at $22.80 after an exchange of 92,318 units.

In the preference segment, Eppley 7.50% preference share dropped 98 cents to end at $5.57 with investors trading 1,000 stock units and 138 Student Living preference shares shed $17 to $193 after six shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining stocks descend on JSE USD Market

November 6, 2024 by IC Insider.com

Falling stocks descended on the Jamaica Stock Exchange US dollar market in droves following an exchange of nine securities, up from eight on Tuesday with prices of two rising, six declining and one ending unchanged on Wednesday, resulting from a 201 percent rise in the volume of stocks traded values 25 percent more than on Tuesday.

The market closed with an exchange of 149,669 shares for US$12,181 compared to 49,694 stocks at US$9,736 on Tuesday. Trading ended with an average of 16,630 shares at US$1,353 compared with 6,212 stocks at US$1,217 on Tuesday, with a month to date average of 14,652 units at US$1,017 compared with 13,878 stocks at US$885 on the previous day and October that ended with an average of 426,617 shares for US$11,189.

The US Denominated Equities Index fell 1.81 points to 235.34. The 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 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 trading, First Rock Real Estate USD share dipped 0.02 of a cent to close at 3.97 US cents in the trading of 554 stock units, Margaritaville slipped 0.01 of one cent to 8.99 US cents after an exchange of 354 shares, Proven Investments fell 0.19 of one cent in closing at 12.81 US cents with investors trading 1,024 units. Sygnus Credit Investments ended at 7 US cents after an exchange of 1,350 stocks, Sygnus Real Estate Finance USD share edged 0.09 of one cent lower to 5 US cents with investors trading 20,572 units and Transjamaican Highway declined 0.09 of a cent to end at 2.11 US cents after closing with 118,747 stock units changing hands. In the preference segment, JMMB Group US8.5% preference share shed 10 cents in closing at US$1.09 as investors exchanged 7,000 shares, Sygnus Credit Investments US 8% increased 77 cents to US$10 in switching ownership of 50 stock units and Sygnus Credit Investments E8.5% climbed 21 cents to close at US$10.21 with investors swapping 18 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Eppley, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

JSE Main Market drops on higher trading

November 6, 2024 by IC Insider.com

Trading jumped on the Jamaica Stock Exchange Main Market on Wednesday, with a 62 percent rise in the volume of stocks traded resulting in a 514 percent rise in value over Tuesday, with trading taking pace in 59 securities compared with 58 on Tuesday, with the market indices dropping as the prices of just 12 stocks rising, 28 declining and 19 ending unchanged.

The market closed with 8,830,318 shares trading for $268,011,472 up from 5,438,609 units at $43,671,309 on Tuesday.
Trading averaged 149,666 shares at $4,542,567 compared to 93,769 stocks at $752,954 on Tuesday and for the month to date, an average of 256,172 stock units at $2,229,646 compared with 291,474 shares at $1,463,004 on the previous day and October with an average of 205,025 stock units at $2,311,672.
GraceKennedy led trading with 2.88 million shares for 32.6 percent of total volume followed by Wigton Energy with 1.75 million stock units for 19.8 percent of the day’s trade and Mayberry Group with 1.0 million units for 11.3 percent of the day’s trade.
The All Jamaican Composite Index sank 2,874.92 points to 362,599.37, the JSE Main Index declined by 1,451.98 points to conclude trading at 317,062.39 and the JSE Financial Index slipped 0.41 points to end the day at 65.60. The Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and only two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Berger Paints climbed 85 cents to finish at $7.82 with a transfer of 410 stocks, Caribbean Cement skidded $3.25 and ended at $71.50 with 5,283 units crossing the market, Carreras lost 48 cents to end at $11.40 with traders dealing in 169,735 shares. Eppley increased $2.44 to close at $37.44 with 1,552 stock units changing hands, First Rock Real Estate popped 50 cents in closing at $10.50 in trading 2,550 shares, Jamaica Producers gained 83 cents to end at $21.95 with 6,656 stock units crossing the exchange. Kingston Properties declined 55 cents to $9.45 with investors trading 1,098 units, Kingston Wharves sank 71 cents and ended at $27.59 with an exchange of 3,910 stocks, Margaritaville rose 80 cents to close at $15.30 following 300 units crossing the market. Mayberry Group rallied 59 cents in closing at $8 in an exchange of 1,001,009 stocks, NCB Financial slipped $1.40 to end at $50.40 and closed with 103,906 shares changing hands, Pan Jamaica fell $2.40 to finish at $47.10 as investors exchanged 7,723 stock units. Proven Investments dropped $2.53 to $17.44 in switching ownership of 794 shares, Scotia Group advanced 75 cents to close at $46.25 after an exchange of 1,595 stock units, Seprod sank 50 cents and ended at $84 with investors trading 36 stocks and Supreme Ventures shed 79 cents to finish at $21.21 after an exchange of 58,961 units.

In the preference segment, Eppley 7.25% preference share dropped 80 cents to end at $19.10 with investors swapping 35,125 stocks and Jamaica Public Service 9.5% preferred share close with an exchange of 40 stocks at $2,899.99 after hitting a intraday 52 weeks’ low of $2,646.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks dominate JSE Main Market

November 5, 2024 by IC Insider.com

Winning stocks dominated price movements in trading on the Jamaica Stock Exchange Main Market on Tuesday, with trading in 58 securities down from 64 on Monday, with prices of 23 stocks rising, 17 declining and 18 ending unchanged resulting from an 84 percent decline in the volume of stocks traded with the value dropping 65 percent lower than on Monday.

The market closed with 5,438,609 shares trading for $43,671,309 down from 34,121,468 stock units valued at $124,264,644 on Monday.
Trading averaged 93,769 shares at $752,954 versus 533,148 stocks at $1,941,635 on Monday and month to date, an average of 291,474 units at $1,463,004 from 387,032 shares at $1,806,195 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 1.44 million shares for 26.4 percent of total volume followed by Sagicor Select Financial Fund with 1.41 million units for 25.9 percent of the day’s trade and QWI Investments with 807,877 stock units for 14.9 percent market share.
The All Jamaican Composite Index advanced 559.86 points to conclude trading at 365,474.29, the JSE Main Index rallied 769.19 points to wrap up trading at 318,514.37 and the JSE Financial Index slipped 0.14 points to end at 66.01. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and nine with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Berger Paints slipped 85 cents to end at $6.97 with an exchange of just 500 stock units, Eppley popped $1 in closing at $35 after a mere 5 shares passed through the market, Eppley Caribbean Property Fund rallied 40 cents to $41.55 with a transfer of just 107 units. First Rock Real Estate sank 45 cents to finish at $10 with 452 stocks crossing the exchange, Guardian Holdings lost $3 and ended at $312 with traders dealing in 386 units, Jamaica Producers dropped 85 cents to close at $21.12 with 509 stocks clearing the market. Kingston Properties increased 55 cents to close at a 52 weeks, high of $10 with investors trading 909 shares, Margaritaville sank 80 cents to end at $14.50 after a transfer of 754 stock units, Massy Holdings climbed $2 in closing at $80 following 7,065 shares crossing the market. Mayberry Group skidded 49 cents to finish at $7.41 in an exchange of 13,110 stock units, Proven Investments rose 97 cents and ended at $19.97 trading 14,684 stocks and Sygnus Real Estate Finance gained 69 cents to close at $11.50 in an exchange of 159 stock units.

In the preference segment, Jamaica Public Service 7% advanced 63 cents to $44.90 with investors swapping 452 shares and 138 Student Living preference share fell $2 to $210 after closing with an exchange of just 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises on JSE USD Market

November 4, 2024 by IC Insider.com

Trading climbed on the Jamaica Stock Exchange US dollar market on Monday, with a 412 percent jump in the volume of stocks traded with a 284 percent greater value than on Friday, resulting in an exchange of eight securities, compared with seven on Friday with prices of four rising and four declining.

The market closed with an exchange of 225,466 shares for US$8,422 up from just 44,023 stocks at US$2,193 on Friday.
Trading averaged 28,183 shares at US$1,053 compared to 6,289 stocks at US$313 on Friday, with a month to date average of 17,966 units at US$708 compared with October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index dipped 1.67 points to end at 234.57. The Investor’s Choice bid-offer indicator shows three 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 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 advanced 0.01 of a cent in closing at 3.99 US cents as investors exchanged 5,000 units, Proven Investments rose 0.01 of one cent to 12.71 US cents in trading 79 stocks, Sterling Investments sank 0.02 of a cent to end at 1.58 US cents in an exchange of 96,314 shares. Sygnus Credit Investments climbed 0.44 of one cent to close at 7 US cents with 19,600 stock units changing hands, Sygnus Real Estate Finance USD share dipped 0.1 of one cent to finish at a 52 weeks’ low of 4.9 US cents with an exchange of 1,060 shares and Transjamaican Highway lost 0.02 of one cent and ended at 2.08 US cents after 100,927 units passed through the market.

In the preference segment, JMMB Group US8.5% preference share increased 11 cents to US$1.20 in an exchange of 2,477 stocks and Sygnus Credit Investments E8.5% declined 90 cents to end at US$10 with investors trading 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: AS Bryden, Emerging market stocks, Eppley, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE USD dollar market, Margaritaville, Proven Investments, Sterling Investments, Sygnus Credit Investments, Sygnus Real Estate Finance, Transjamaican Highway

Trading climbs on JSE Main market

November 4, 2024 by IC Insider.com

Trading surged on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 177 percent as Transjamaican Highway dominated trading with the trading ending with a 34 percent higher value than on Friday, with trading in 64 securities up from 56 on Friday, with prices of 24 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $75, 27 declined and 13 ended unchanged.

The market closed with 34,121,468 shares trading for $124,264,644 up from just 12,322,346 stock units at $92,478,739 on Friday.
Trading averaged 533,148 shares at $1,941,635 compared to 220,042 stocks at $1,651,406 on Friday and month to date, an average of 387,032 stock units at $1,806,195 compared with October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 29.52 million shares for 86.5 percent of total volume followed by Sagicor Select Financial Fund with 1.78 million units for 5.2 percent of the day’s trade and Wigton Energy with 910,857 stock units for 2.7 percent market share.
The All Jamaican Composite Index declined 524.20 points to close at 364,914.43, the JSE Main Index advanced 150.93 points to end at 317,745.18 and the JSE Financial Index rose 0.17 points to close trading at 66.15. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Carreras rallied 50 cents in closing at $11.50 after 219,637 stock units passed through the market, Eppley shed $3.44 to end at $34 with investors swapping 503 shares, Jamaica Broilers sank $2.17 to end at $36 following 49,789 units crossing the exchange. Jamaica Producers rose 97 cents and ended at $21.97 with traders dealing in 18,426 stocks, MPC Caribbean Clean Energy advanced $6.30 to finish at $84.30 with a mere 3 shares crossing the market, Proven Investments lost $1 to close at $19 with investors trading 9,173 stocks. Scotia Group popped 50 cents to $45.50 in switching ownership of 19,614 units, Sterling Investments dropped 52 cents in closing at $2.26 with investors dealing in 34,556 stock units and Sygnus Real Estate Finance sank 69 cents to close at $10.81 with a transfer of 583 shares.

In the preference segment, Eppley 7.25% preference share gained $3.39 and ended at $19.90 after investors ended trading of 15,000 units, Eppley 7.50% preference share climbed 40 cents to end at $6.40 with an exchange of 3,405 stocks, Jamaica Public Service 7% increased $4.17 to finish at $44.27 with 15 stock units changing hands and 138 Student Living preference share declined $38 and ended at $212 after a transfer of 7 shares.

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