Trading on Friday resulted in the volume of shares changing hands rising 137 percent over Thursday’s levels, resulting in rising stocks edging out falling ones on the US dollar market of the Jamaica Stock Exchange.
Trading ended with seven securities changing hands at the close, compared to six on Thursday and ended with the prices of three stocks rising, two declining and two remaining unchanged.
The JSE USD Equity Index gained 0.22 points to end at 196.84. The average PE Ratio ends at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 913,583 shares for US$70,708 up from 385,820 units at US$23,055 on Thursday.
Trading averaged 130,512 units at US$10,101, up from 64,303 shares at US$3,842 on Thursday. Trading averaged 84,256 units for the month to date at US$9,925 in contrast to 77,367 units at US$9,899 on Thursday. By comparison, January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Capital gained 0.94 of a cent to end at 8.94 US cents in exchanging 662,284 shares, Proven Investments carved out a gain of 0.01 of a cent to close at 25.01 US cents, with 809 stocks crossing the market. The Jamaican dollar-based Sygnus Credit Investments gained 2.5 cents ending at 14.5 US cents in exchanging 400 shares, Sygnus Credit Investments shed 0.84 of a cent to close at 15.04 US cents in trading 7,911 stocks and Transjamaican Highway shed 0.05 of a cent to close at 0.9 of a US cent with 230,224 stocks changing hands.
In the preference segment, JMMB Group 5.75% remained at US$2 trading 2,000 shares and JMMB Group 6% stayed at US$1.01 with 9,955 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in JSE USD trading on Friday
Trading slipped on TTSE
Trading ended on Friday, with the market inching higher after investors traded 54 percent fewer shares than on Thursday and leading to more stocks rising than falling at the close of the Trinidad and Tobago Stock Exchange.
Securities trading totalled 16, down from 18 on Thursday, five gained, three declined and eight remaining unchanged. The Composite Index rose 0.12 points to 1,324.11, the All T&T Index rose 1.82 points to 1,763.74 and the Cross Listed Index lost 0.22 points to end at 119.62.
The market closed with an exchange of 378,912 shares, for $2,508,173 compared to 816,372 units at $3,985,868 on Thursday.
An average of 23,682 units traded at $156,758 compared to 45,354 at $221,439 on Thursday. An average of 19,553 units traded at $287,927 for the month to date versus 19,094 units at $302,501 on Thursday. The average trade for January amounted to 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and six with lower offers.
At the market close, Angostura Holdings climbed 2 cents to $15.02 after exchanging 72 stocks, Ansa Merchant Bank closed at $40 after exchanging 11 stocks, Clico Investment Fund gained 24 cents to end at $25.99 trading 34,948 shares. First Citizens Bank lost $1.25 to close at $42.75 after 1,358 stock units changed hands. FirstCaribbean International Bank closed at $7, with 400 units crossing the exchange, Grace Kennedy carved out a loss of 5 cents to close at $3.90 in exchanging 84,448 shares, Guardian Holdings lost 20 cents to end at $21 with 2,679 stocks changing hands. JMMB Group ended at $1.90 in switching ownership of 193,680 stock units, L.J Williams A share ended at 20 cents after 2,240 shares crossed the market, L.J Williams B share gained 10 cents to close at $1.40 with the swapping of 12,061 stocks. Massy Holdings gained 90 cents to close at $61 after exchanging 4,617 units, NCB Financial Group ended at $8.40 trading 22,991 stocks, Republic Financial Holdings closed at $134.98 trading 10 stock units. Trinidad & Tobago NGL stayed at $15.50 in exchanging 12,533 stock units, Trinidad Cement remained at $3.75 with the swapping of 4,086 shares and West Indian Tobacco increased 15 cents to close at $35.15 after finishing trading of 2,778 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market declines
In trading on Thursday no stock gained on the US dollar market of the Jamaica Stock Exchange after six securities changed, compared to seven on Wednesday and the market ended with the prices, five declining and one remaining unchanged.
The JSE USD Equity Index lost 3.28 points to end at 196.62 and the average PE Ratio ends at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 56.52 percent more shares on Wednesday as 385,820 changed hands with a value of US$23,055 compared to 246,502 units at US$25,213 on Wednesday.
Trading averaged 64,303 units changing hands at US$3,842, in contrast to 35,215 shares at US$3,602 on Wednesday. Trading averaged 77,367 units for the month to date at US$9,899 in contrast to 79,279 units at US$10,785 on Wednesday. By comparison, January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and one with a lower offer.
At the close of the market, First Rock Capital ended at 8 US cents trading 225,586 shares, Proven Investments shed 1 cent in closing at 25 US cents in switching ownership of 10,040 units, Sygnus Credit Investments lost 0.03 of a cent to close at 15.88 US cents trading 744 stocks and Transjamaican Highway lost 0.02 of a cent to close at O.95 of one US cent, with 148,775 stock units changing hands.
In the preference segment of the market, JMMB Group 5.75% lost 3 US cents to end at US$2 while trading 245 stock units and JMMB Group 6% dropped 1 cent to end at US$1.01 with the swapping of 430 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for TTSE index
Trading on Thursday, led to a rise the market index after investors traded 46 percent more shares than on Wednesday, but it ended in more stocks falling than rising at the close of the Trinidad and Tobago Stock Exchange.
The market ended with 18 securities trading similar to Wednesday, with the prices of five stocks rising, eight declining and five remaining unchanged. The Composite Index increased 2.75 points to settle at 1,323.99, the All T&T Index climbed 4.67 points to settle at 1,761.92, and the Cross Listed Index rose 0.11 points to 119.84.
The market closed with 816,372 shares trading for $3,985,868 compared to 558,181 units at $4,035,790 on Wednesday.
An average of 45,354 units traded at $221,439 compared to 31,010 at $224,193 on Wednesday. An average of 19,094 units traded at $302,501 for the month to date versus 15,343 units at $314,082. The average trade for January amounted to 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At close of the market, Ansa Mcal declined $1.90 to $53 after exchanging 757 shares,Ansa Merchant Bank dropped 50 cents to $40 while exchanging 428 units,Clico Investment Fund ended at $25.75 in an exchange of 405 units. First Citizens Bank rose $1.27 to $44 trading 9,362 units. Grace Kennedy climbed 5 cents to $3.95 in exchanging 600,315 stocks, Guardian Holdings gained 20 cents to close at $21.20 after exchanging 392 stocks, JMMB Group stayed at $1.90 with an exchange of 8,954 shares. L.J Williams B share closed at $1.30 trading 638 stock units, National Enterprises carved out a loss 2 cents in ending at $3.10, with 126,613 stocks crossing the market, One Caribbean Media fell 5 cents to $4.80 trading 35,369 units. Point Lisas lost 14 cents to end at $3.01 with 600 stock units changing hands, Prestige Holdings lost 1 cent in ending at $7.49 trading 25 stock units, Republic Financial Holdings dropped 2 cents in closing at $134.98 in exchanging of 188 shares. Scotiabank gained 59 cents to end at $56.99 while 5,415 units crossed the market, Trinidad & Tobago NGL lost 4 cents in ending at $15.50 with 3,744 units changing hands, Trinidad Cement remained at $3.75 trading 16,953 stock units. Unilever Caribbean advanced 4 cents to $16.49, with 4,800 stocks crossing the market and West Indian Tobacco settled at $35 in exchanging 1,414 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks for JSE USD market
Trading activity surged on the US dollar market of the Jamaica Stock Exchange on Wednesday, with the number of securities trading jumping over the numbers on Tuesday after trading 65 percent more shares than on Tuesday.
Seven securities changed hands, compared to four on Tuesday and ended with three stocks rising, three declining and one remaining unchanged.
JSE USD Equity Index gained 0.36 points to 199.54. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 246,502 shares, for US$25,213 compared to 149,703 units at US$25,014 on Tuesday.
Trading averaged 35,215 units at US$3,602, down from 37,426 shares at US$6,253 on Tuesday. Trading averaged 79,279 units for the month to date at US$10,785 in contrast to 88,351 units at US$12,264 on the prior trading day. By comparison, January averaged 121,154 units at US$15,408.
Investor’s Choice bid-offer indicator shows no stock ending with bids higher than the last selling prices and two with lower offers.
At the close of trading, First Rock Capital lost 0.78 of a cent to end at 8 US cents trading 148,485 stocks, Margaritaville closed at 11 US cents with an exchange of 14,000 stock units, MPC Caribbean Clean Energy gained 1 cent in closing at US$1.15, with 197 stock units crossing the market. Proven Investments declined 0.95 of a cent in closing at 26 US cents with 35,261 shares changing hands, Sterling Investments rose 0.2 of a cent to end at 2.3 US cents in exchanging 1,170 units, Sygnus Credit Investments increased 0.87 of a cent to close at 15.91 US cents, with 10,649 stock units crossing the market and Transjamaican Highway shed 0.01 of a cent in closing at 0.97 US cents in trading 36,740 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks edged out TTSE decliners
Only one stock separated rising and declining stocks at the close of trading of the Trinidad and Tobago Stock Exchange on Wednesday, after 56 percent more shares traded at 20 times the value changing hands on Tuesday.
The market closed with 18 securities changing hands, up from eight on Tuesday. Trading ended with seven stocks rising, six declining and five remaining unchanged. The Composite Index gained 0.18 points to end at 1,321.24, the All T&T Index declined by 4.26 points to 1,757.25 and the Cross Listed Index rose 0.64 points to settle at 119.93.
The market closed with an exchange of 558,181 shares for $4,035,472 compared to 9,731 units at $173,778 on Tuesday.
An average of 31,010 units traded for the day at $224,193 up from 1,216 at $21,722 on Tuesday. An average of 15,343 units traded at $314,082 for the month to date versus 12,732 units at $329,063. The average trade in January amounts to 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of trading, Ansa Merchant Bank rose 50 cents to $40.50 with 16 shares clearing the market, Clico Investment Fund shed 25 cents to close at $25.75 in exchanging 29,790 shares, First Citizens Bank ended at $42.73 after a transfer of 1,363 stocks. Grace Kennedy settled at $3.90, in exchanging 180,926 units. Guardian Holdings gained 70 cents to close at $21 trading 66,937 stock units, JMMB Group gained 5 cents to finish at $1.90, with 55,147 stocks changing hands. L.J Williams B shares closed at $1.30, with ownership of 1,530 stock units being switched. Massy Holdings lost 10 cents to end at $60.10, in an exchange of 369 shares, National Enterprises lost 8 cents to finish at $3.12 trading 45,840 stock units, National Flour Mills remained at $2.50, in exchanging 120,000 shares. NCB Financial Group gained 10 cents to close at $8.40 with 3,074 stock units crossing the exchange, One Caribbean Media closed at $4.85, in transferring 41,200 shares, Point Lisas gained 14 cents to close at $3.15, with one stock unit changing hands. Republic Financial Holdings closed 2 cents higher at $135, with 142 shares clearing the market, Scotiabank fell 34 cents to $56.40 after trading 710 stocks, Trinidad & Tobago NGL lost 1 cent to close at $15.54, with 4,686 shares crossing the market. Unilever Caribbean ended 5 cents lower at $16.45, with an exchange of one share and West Indian Tobacco gained 15 cents in closing at $35, with 6,449 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.