Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 24 percent but with the value surging 878 percent over Thursday, resulting in trading in seven securities, compared to three on Thursday with two rising, two declining and three ending unchanged.
A total of 112,013 shares were traded for US$25,887 compared with 147,149 units at US$2,647 on Thursday.
Trading averaged 16,002 units at US$3,698 compared t0 49,050 shares at US$882on Thursday, with a month to date average of 25,916 shares at US$2,853 compared to May with an average of 43,350 units for US$2,759.
The US Denominated Equities Index lost 0.40 points to settle at 238.16.
The PE Ratio, a measure used to compute stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, Productive Business Solutions dipped 5.5 cents to US$1.845, with 5 shares crossing the exchange, Proven Investments rose 0.1 of a cent to finish trading at 16.1 US cents after 29,361 stock units were traded, Sterling Investments ended at 1.68 US cents after 13,500 stocks changed hands, Sygnus Credit Investments fell 1.03 cents to end at 10 US cents with 2,208 units being traded and Transjamaican Highway climbed 0.2 of a cents to close at 1.4 US cents while exchanging 65,367 shares.
In the preference segment, Productive Business 9.25% preference share ended at US$12.50 with shareholders swapping 1,570 stock units and JMMB Group 5.75% ended at US$1.90 with an exchange of 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased funding for the JSEUSD market
TTSE stocks suffered big losses
The Trinidad and Tobago Stock Exchange suffered notable declines on Friday after trading in 18 securities the same as Thursday and ended with four stocks rising, eight declining and six remaining unchanged, resulting in the volume of stocks traded declining 19 percent with the value of 63 percent lower than on Thursday.
The Composite Index dropped 14.43 points and ended trading at 1,240.67, the All T&T Index fell 19.98 points to 1,891.25, the SME Index remained at 69.27 and the Cross-Listed Index fell 1.19 points to finish at 76.19.
Investors traded 218,165 shares for $2,569,756 compared to 268,376 stock units at $6,907,243 on Thursday.
An average of 12,120 units were traded at $142,764 compared with 14,910 shares at $383,736 on Thursday, with trading month to date averaging 13,515 shares at $263,247 compared to May with an average of 23,500 shares at $216,502.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped $2.52 to $66.50 with investors trading 2,750 shares, Calypso Macro Investment Fund ended at $21.99 after 21 stocks were traded, First Citizens Group dipped 1 cent to $48.99 after 10,185 units changed hands, FirstCaribbean International Bank rose 1 cent to $7.01 after shareholders traded 59,980 stocks. GraceKennedy lost 6 cents in closing at $3.79, 100 stock units crossing the market, JMMB Group rose 2 cents to $1.40 as investors exchanged 217 shares, L.J. Williams B share added 5 cents in closing at a 52 weeks’ high of $2.80 with shareholders exchanging 13,900 stocks. Massy Holdings ended at $4.99 with a transfer of 49,266 units, National Enterprises remained at $3.55 after an exchange of 955 stock units, National Flour Mills ended at $1.50 with 20 stocks changing hands, NCB Financial dipped 20 cents in closing at a 52 weeks’ low of $3, with 6,051 shares crossing the exchange. One Caribbean Media shed 10 cents to end at $3.71 after 38,221 units passed through the market, Prestige Holdings popped 50 cents to $8.50 after it closed with 100 shares changing hands, Republic Financial fell $1.09 to $127.90 in switching ownership of 3,477 stock units, Scotiabank lost $1 to close at $76 with 1,580 units clearing the market. Trinidad & Tobago NGL remained at $18.25, with 4,882 stocks changing hands, Unilever Caribbean declined 14 cents to $15.30 with investors transferring 21,436 stock units and West Indian Tobacco ended at $13 after 5,024 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fall back for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday with an 83 percent fall in the volume of stocks changing hands at a 97 percent lower value than on Wednesday, resulting from trading in just three securities, compared to seven on Wednesday with one rising, one declining and one ending unchanged.
A total of 147,149 shares were exchanged for US$2,647 compared with 842,727 units at US$97,351 on Wednesday.
Trading averaged 49,050 units at US$882 compared to 120,390 shares at US$13,907 on Wednesday. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index shed 4.12 points to settle at 238.57.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Sygnus Credit Investments rose 0.02 of a cent to 11.03 US cents after trading ended with 2,236 shares changing hands and Transjamaican Highway dipped 0.25 of a cent in closing at 1.2 US cents with a transfer of 144,438 stocks.
In the preference segment, JMMB Group 6% remained at US$1.20 after ending with 475 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in money chased Trinidad stocks
Investors pumped three times the amount of money into the Trinidad and Tobago Stock Exchange to start off trading in June compared to the last day of May and resulting in 202 percent more funds passing through the market on Thursday, with 33 percent fewer stocks traded compared with Wednesday and resulting with trading in 18 securities compared with 19 on Wednesday, with prices of four stocks rising, six declining and eight remaining unchanged.
Investors exchanged 268,376 shares for $6,907,243 compared to 401,593 stocks at $2,290,438 on Wednesday.
An average of 14,910 shares were traded at $383,736 compared with 21,136 units at $120,549 previously, with trading month to date averaging 14,910 shares at $383,744 versus 22,730 units at $209,384 on the previous day. The average trade for May amounts to 23,500 shares at $216,502.
The Composite Index fell 3.72 points to close at 1,255.10, the All T&T Index declined 6.87 points to 1,911.23, the SME Index remained at 69.27 and the Cross-Listed Index slipped 0.05 points to close at 77.38.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Ansa McAl ended at $51, with 100,010 shares changing hands, Calypso Macro Investment Fund closed at $21.99 as 21 units were traded, First Citizens Group ended at $49 after an exchange of 2,721 stocks. FirstCaribbean International Bank dipped 1 cent in closing at $7 as investors exchanged 50,420 stock units, Guardian Holdings declined 55 cents to end at $20 with 8,746 stocks clearing the market, JMMB Group popped 1 cent in ending at $1.38 with investors transferring 1,282 shares. Massy Holdings ended at $4.99 in an exchange of 26,845 stock units, National Enterprises remained at $3.55 after 16,618 units were traded, National Flour Mills ended at $1.50, with 875 stock units crossing the exchange. One Caribbean Media lost 1 cent to close at $3.81 while investors exchanged 2 units, Point Lisas shed 49 cents and ended at $3.01 as shareholders traded 7,000 stocks, Prestige Holdings ended at $8 after a transfer of 115 shares. Republic Financial fell 51 cents to end at $128.99, with 312 shares passing through the market, Scotiabank rallied 43 cents to close at $77 after an exchange of 1,675 stocks, Trinidad & Tobago NGL dipped 25 cents to $18.25 with shareholders swapping 518 units. Trinidad Cement rose 8 cents to $2.78 and closed, with 2,400 stock units changing hands, Unilever Caribbean climbed 2 cents in closing at $15.44 with an exchange of 44,953 stocks and West Indian Tobacco remained at $13 with 3,863 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
May ends with a blast for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 5,354 percent valued at 9,770 percent more than on Tuesday and resulting in seven securities trading, compared to six on Tuesday with prices of four rising, one declining and two ending unchanged.
Overall, 842,727 shares were traded for US$97,351 compared to 15,452 units at US$986 on Tuesday.
Trading averaged 120,390 shares at US$13,907 versus 2,575 units at US$164 on Tuesday, with a month to date average of 43,350 shares at US$2,759 compared to 39,779 units at US$2,243 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index jumped 30.40 points to 242.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
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, Margaritaville advanced 2.47 cents to 11.48 US cents, with 8,600 shares crossing the market, Productive Business Solutions climbed 44.92 cents to US$1.90 with an exchange of 41,899 stocks, Proven Investments lost 0.9 of a cents and ended at 16 US cents, with 918 units crossing the exchange, Sterling Investments ended at 1.68 US cents while investors traded 1,188 stock units and Transjamaican Highway rose 0.16 of a cent to close at a record high of 1.45 US cents after a transfer of 787,041 shares.
In the preference segment, Productive Business 9.25% preference share gained US$1 to close at US$12.50 after exchanging one unit and JMMB Group 5.75% ended at US$1.90 with investors transferring 3,080 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.