Trading on Wednesday ended with the volume of shares changing hands declining 64 percent from Tuesday on the US dollar market of the Jamaica Stock Exchange, resulting in four securities changing hands, compared to three on Tuesday with prices of two rising, one declining and one closing unchanged.
The US Denominated Equities Index gained 1.28 points to end at 180.02. The PE Ratio, a measure that computes appropriate stock values, averages 11.3 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 70,076 shares traded for US$11,915 compared to 195,595 units at US$22,214 on Tuesday. Trading averaged 17,519 units at US$2,979, compared to 65,198 shares at US$7,405 on Tuesday, while the month to date averages 31,839 at US$6,816 versus 32,941 units at US$7,111 on Tuesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital advanced 0.2 of a cent to close at 7 US cents after exchanging 22,581 shares, Proven Investments gained 1.39 cents in ending at 23.4 US cents as 29,528 stocks passed through the market, Sygnus Credit Investments US$ share remained at 12.5 US cents in trading 17,238 units. In the preference segment, JMMB Group 5.75% shed 1 cent in closing at US$2.02 after exchanging 729 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest trading levels for JSE USD Market
No gains
The volume of shares trading on Tuesday dropped trading 41 percent at 33 percent less value than on Monday, as the US dollar market of the Jamaica Stock Exchange closed, resulting in no stocks rising for the day.
Just three securities traded on Tuesday, compared to five on Monday with no stock rising, two declining and one remaining unchanged. The JSE US Denominated Equities Index gained 0.55 points to end at 178.74.
Overall, 195,595 shares traded for US$22,214 compared to 329,386 units at US$32,977 on Monday. The PE Ratio, a measure that computes appropriate stock values, averages 11.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading averaged 65,198 units at US$7,405, versus 65,877 shares at US$6,595 on Monday, while month to date averages 32,941 at US$7,111 versus t30,966 units at US$7,093 on Monday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital fell 0.2 of a cent to 6.8 US cents with an exchange of 133,432 shares, Proven Investments dropped 0.13 of a cent to end at 22.01 US cents in switching ownership of 54,564 units and Sygnus Credit Investments US$ share remained at 12.5 US cents after trading 7,599 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest price changes in Trinidad
Market activity ended on Tuesday, resulting in an equal number of stocks rising and falling at the close of trading, with the market declining after trading 39 percent fewer shares, at 19 percent greater value than on Monday, on the Trinidad and Tobago Stock Exchange.
At the close, 13 securities traded compared to 14 on Monday, with three rising, three declining and seven ending unchanged. The Composite Index fell 1.05 points to 1,419.70, the All T&T Index fell 0.42 points to close at 1,920.27 and the Cross-Listed Index lost 0.24 points to settle at 123.91.
A total of, 479,284 shares traded for $22,643,326 compared to 781,483 units at $19,006,735 on Monday. An average of 36,868 units traded at $1,741,794 compared to 55,820 at $1,357,624 on Monday, with trading month to date averaging 26,607 units at $448,235 versus 25,773 units at $343,133. The average trade for August amounts to 16,186 units at $226,311.
Investor’s Choice bid-offer indicator shows two stocks ended with the bid higher than their last selling prices and two stocks with lower offers.
At the close, Angostura Holdings remained at $17.10, with 16 shares crossing the market, Clico Investment Fund traded 4,294 units at $26.80, Endeavour Holdings ended at $7.01 in an exchange of 2,796 stocks. First Citizens Bank gained 4 cents to close at $50.35 after with 800 stock units cleared the market, FirstCaribbean International Bank dropped 5 cents to $6.60 in exchanging 15,050 stocks, JMMB Group close at $2.22, with 19,000 shares changing hands. L.J. Williams B share advanced 15 cents to $1.50 while exchanging 150 units, Massy Holdings remained at $82.02, with 100,585 stock units changing hands, NCB Financial Group traded 1,000 shares at $8.01. Republic Financial Holdings fell 1 cent to $135.45 after exchanging 20 stock units, Scotiabank finished trading 230,769 units at $59, Trinidad & Tobago NGL rallied 1 cent to $16.50 with the swapping of 3,001 shares and Trinidad Cement declined 1 cent to $3.90 after trading 101,803 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More slippage for JSE USD market
Trading ended on Monday, with the volume of shares changing hands falling 33 percent after the value fell 37 percent below Friday’s trades, on the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising and falling and the market index slipping 4.4 percent for the year to date.
Trading ended with five securities changing hands, compared to seven on Friday with prices of two stocks rising, two declining and one remaining unchanged.
The US Denominated Equities Index lost 4.85 points to end at 178.19. The PE Ratio, a measure that computes appropriate stock values, averages 11.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 329,386 shares traded for US$32,977 compared to 490,246 units at US$52,340 on Friday. Trading averaged 65,877 units at US$6,595 compared to 70,035 shares at US$7,477 on Friday, with the month to date averaging 30,966 shares at US$7,093 versus 26,999 units at US$7,149 on Friday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital rallied 0.2 of a cent to 7 US cents after trading 566 shares, Proven Investments lost 1.86 cents to end at 22.14 US cents, with 113,357 stocks clearing the market, Sygnus Credit Investments US$ share remained at 12.5 US cents after 20,804 units crossed the market and Transjamaican Highway declined 0.07 of a cent to 0.81 US cents with the swapping of 190,966 stock units.
In the preference segment JMMB Group 6% climbed 1 cent to US$1.01, with 3,693 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed weekly start for T&TSE
Market activity ended on Monday, after trading 439 percent more shares, with 486 percent greater value than on Friday, resulting in more stocks rising than falling, with the market declining the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 14 securities traded compared to 16 on Friday, with five stocks rising, three declining and six remaining unchanged.
The Composite Index fell 4.84 points to 1,420.75, the All T&T Index rose 2.45 points to 1,920.69 and the Cross-Listed Index fell 1.77 points to close at 124.15.
A total of, 781,483 shares traded, for $19,006,735 up strongly from 144,939 units at $3,242,385 on Friday. An average of 55,820 units traded at $1,357,624 compared to 9,059 shares at $202,649 on Friday and month to date averages 25,773 units at $343,133 versus 22,892 units at $245,853. The average trade for August ended at 16,186 units at $226,311.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s rose $1.39 to $24.40, trading 116 shares, Angostura Holdings remained at $17.10 with an exchange of 598 stock units, Clico Investment Fund traded 855 stocks at $26.80. First Citizens Bank popped 1 cent to $50.31 in an exchange of 854 units, GraceKennedy edged 1 cent higher to $6.26, with 491,867 units crossing the market, JMMB Group remained at $2.22 after 52,650 stock units crossed the market. Massy Holdings lost 8 cents to end at $82.02 after clearing the market of 100,375 shares, NCB Financial Group declined 24 cents to $8.01, with 2,628 stocks changing hands, Republic Financial Holdings popped 1 cent to $135.46 in exchanging 195 shares. Scotiabank fell 2 cents to $59 with the swapping of 123,818 units, Trinidad & Tobago NGL increased 4 cents to $16.49 in trading 4,591 stocks, Trinidad Cement remained at $3.91 trading 2,700 stock units. Unilever Caribbean had a switch in ownership of 148 units at $16.40 and West Indian Tobacco remained at $31 while exchanging 88 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.