Trading climbed on the Junior Market of the Jamaica Stock Exchange on Wednesday with the volume of stocks traded rising 19 percent and valuing 13 percent more than on Tuesday, from the trading in 46 securities compared with 38 on Tuesday and ended with 13 rising, 19 declining and 14 closing unchanged, while two stocks closed at 52 weeks’ low and two traded at 52 weeks’ intraday low.
A total of 14,651,750 shares were traded for $43,936,024, up from 12,292,679 units at $38,830,902 on Tuesday.
Trading averaged 318,516 shares at $955,131 compared with 323,492 units at $1,021,866 on Tuesday with the month to date averaging 349,451 units at $784,923 compared with 352,752 stock units at $766,757 on the previous day. January closed with an average of 239,755 units at $646,375.
JFP Ltd led trading with 4.55 million shares for 31 percent of total volume followed by Fontana with 1.54 million units for 10.5 percent of the day’s trade, Dolla Financial with 1.31 million units for 9 percent market share, Derrimon Trading with 1.23 million units for 8.4 percent and Image Plus Consultants with 1.19 million units for 8.1 percent market share.
At the close, the Junior Market Index shed 8.36 points to end at 3,838.42.
The PE Ratio, a measure of computing appropriate stock values, averages 12. The PE ratios of Junior Market stocks use the last traded stock price in conjunction with ICInsider.com projected earnings for the financial years between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, AMG Packaging shed 46 cents to close at a 52 weeks’ low of $2.30 with an exchange of 68,761 shares, Blue Power traded 31,980 shares and closed at a 52 weeks’ low of $2.46 after slipping 6 cents, Cargo Handlers rose $2.01 to $14.99 in switching ownership of 1,205 stock units, Caribbean Cream gained 20 cents to end at $3.30 with the swapping of 20,000 units. Consolidated Bakeries dipped 26 cents to $2.20 in transferring 17,635 stocks, Fosrich popped 8 cents in closing at $3.31 after trading 180,199 stocks, Future Energy Source lost 10 cents after ending at $4.65 with a transfer of 181,272 shares. General Accident shed 36 cents to close at $4.10 with 22,000 units crossing the exchange, GWest Corporation gained 11 cents to close at $1.09 with investors trading 1,157 stock units, Honey Bun advanced 44 cents to $7.45 after trading 18,696 shares. Iron Rock Insurance dipped 14 cents in closing at $2.03 with 18,263 stock units changing hands, JFP Ltd lost 9 cents to end at $1.66 in exchanging 4,546,622 stocks, Lasco Financial closed at $2.50 after hitting a 52 weeks’ intraday low of $2.01 and trading 58,400 shares, Lasco Distributors rallied 32 cents in closing at $2.85 with an exchange of 97,521 units. Lasco Manufacturing popped 14 cents to close at $4.20 with the swapping of 9,986 units, Main Event fell 90 cents to $9.10 after a transfer of 193,929 stocks, Spur Tree Spices traded 423,831 shares in closing at $2.75, but after trading at a 52 weeks’ intraday low of $2.69 and Stationery and Office Supplies declined 89 cents to $14.51 in trading 28,267 shares.
In the preference segment, CAC 2000 9.5% preference share gained 11 cents to end at $1.18 as investors exchanged 201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on Trinidad Exchange
Trading activity surged on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks passing through the market surging 1,345 percent with the value being 645 percent more than on Tuesday and resulted in 17 securities trading compared with 20 on Tuesday, with four stocks rising, eight declining and five remaining unchanged.
Investors exchanged 7,131,762 shares for $34,964,988 versus 493,613 stock units at $4,690,597 on Tuesday. An average of 419,515 units were traded at $2,056,764 compared to 24,681 shares at $234,530 on Tuesday, with trading month to date averaging 61,690 shares at $539,811 versus 30,335 units at $406,882 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index lost 3.17 points to 1,326.33, the All T&T Index fell 5.95 points to 1,981.88, the SME Index remained unchanged at 61.52 and the Cross-Listed Index dipped 0.03 points to close at 87.46.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Calypso Macro Investment Fund gained 35 cents to end at $21.50 after trading 2,023 shares, First Citizens Group dropped $2.90 to $50.11 after trading 2,854 stock units, FirstCaribbean International Bank ended at $6.50 after an exchange of 753 units. GraceKennedy remained at $4.50 with a transfer of 4,448 stocks, Guardian Holdings declined 5 cents to $25.05 with an exchange of 21,100 stock units, JMMB Group lost 4 cents to close at $1.86 after 44,166 units changed hands. L.J. Williams B share ended at $2.70, with 10 shares clearing the market, Massy Holdings rose 1 cent to $4.48 after an exchange of 6,207,555 stocks, National Enterprises advanced 37 cents to end at $3.97 with the swapping of 804,434 shares. National Flour Mills remained at $1.50 1,400 stock units crossing the market, Prestige Holdings ended at $6.89 as investors exchanged 4,976 stocks, Republic Financial increased $2 after ending at $137 after a transfer of 21,630 units. Scotiabank fell 19 cents in closing at $78.20, with 103 shares changing hands, Trinidad & Tobago NGL dipped 14 cents to close at $20.86 in exchanging 9,000 stocks, Trinidad Cement dropped 9 cents to end at $3.50, with 1,510 units crossing the exchange. Unilever Caribbean slipped 5 cents in ending at $13.95 in an exchange of 1,325 stock units and West Indian Tobacco declined 15 cents to $19.75 in trading 4,475 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jolt to JSE USD Market
A sharp push was given to the Jamaica Stock Exchange US dollar market on Tuesday, even as the volume of stocks changing hands declined 94 percent as the value rose 17 percent over Monday, resulting in 10 securities traded, compared to six on Monday and ended with five rising, one declining and four ending unchanged as the JSE USD Equities Index surged 19.96 points to end at 250.48.
Overall, just 12,060 shares were traded for US$7,847 compared to 189,439 units at US$6,710 on Monday.
Trading averaged 1,206 units at US$785, compared to 31,573 shares at US$1,118 on Monday, with a month to date average of 39,113 shares at US$2,107 compared with 45,431 units at US$2,327 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.48 of a cent in closing at 7.48 US cents with investors transferring 347 shares, Margaritaville popped 2.98 cents to close at 12.99 US cents with 30 units changing hands, Productive Business Solutions advanced 30 cents to end at US$2.20 after trading two stocks. Proven Investments rallied 0.46 of a cent to 18.99 US cents after exchanging 4,680 stock units, Sterling Investments ended at 1.99 US cents in trading 196 shares, Sygnus Credit Investments USD share remained at 10 US cents, with 167 stocks crossing the market and Sygnus Real Estate Finance USD share remained at 8.5 US cents and closed with 1,526 stock units changing hands.
In the preference segment, Productive Business 9.25% preference share shed 89 cents to close at US$11.11 in an exchange of 161 units, after trading at an intraday 52 weeks’ high of US$14.10, Equityline Mortgage Investment preference share ended at US$1.64 with the transfer of one stock and JMMB Group 6% climbed 1.98 cents in closing at US$1 in switching ownership of 4,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on Trinidad Exchange
Trading picked up momentum on the Trinidad and Tobago Stock Exchange on Tuesday, with a 114 percent rise in the volume of stocks traded rising after the value jumped 105 percent over Monday and resulting in 20 securities trading compared with 21 on Monday, with the prices of six stocks rising, eight declining and six remaining unchanged.
Investors traded 493,613 shares for $4,690,597 versus 230,773 units at $2,283,316 on Monday. An average of 24,681 units were traded at $234,530 compared with 10,989 shares at $108,729 on Monday, with trading month to date averaging 30,335 shares at $406,882 versus units at $426,693 on the previous day. The average trade for January ended at 28,440 at $235,404.
The Composite Index rallied 3.02 points to 1,329.50, the All T&T Index rose 10.35 points to 1,987.83, the SME Index lost 0.12 points to settle at 61.52 and the Cross-Listed Index declined 0.67 points to settle at 87.49.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings remained at $23.52 in trading 2,550 shares, Calypso Macro Investment Fund ended at $21.15 after trading 3,102 units, CinemaOne dipped 10 cents to end at $7.90 in switching ownership of 60 stocks. First Citizens Group gained 51 cents to close at $53.01 while 2,054 stock units passed through the market, FirstCaribbean International Bank ended at $6.50 with a transfer of 1,625 shares, GraceKennedy shed 10 cents to close at $4.50 with the swapping of 800 stocks. Guardian Holdings increased 5 cents to $25.10 with an exchange of 12 units, JMMB Group declined 7 cents in closing at $1.90, with 154,090 stock units crossing the exchange, L.J. Williams B share rallied 10 cents to end at $2.70 with a transfer of 6,470 units. Massy Holdings slipped 1 cent to $4.47 in trading 49,529 stock units, National Enterprises fell 31 cents to $3.60 in an exchange of 241,370 stocks, National Flour Mills ended at $1.50, with 600 shares clearing the market. NCB Financial dipped 1 cent in closing at $4.19, with 2,601 units changing hands, Point Lisas remained at $3.60 after 985 stocks passed through the market, Prestige Holdings fell 1 cent to $6.89 after a transfer of 124 stock units. Republic Financial ended at $135 after an exchange of 20,278 shares, Scotiabank climbed 39 cents to $78.39 after trading 1,494 units, Trinidad & Tobago NGL advanced 15 cents to end at $21 with 1,028 stocks changing hands. Unilever Caribbean rose 12 cents in closing at $14 after trading 3,841 shares and West Indian Tobacco lost 9 cents to close at a 52 weeks’ low of $19.90 after an exchange of 1,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 151 percent rise in the volume of stocks changing hands, valued being 37 percent less than on Friday, resulting from trading in six securities, compared to three on Friday, with two rising, three declining and one ending unchanged.
Overall, 189,439 shares were traded for US$6,710 compared to 75,479 units at US$10,720 on Friday.
Trading averaged 31,573 shares at US$1,118 compared with 25,160 units at US$3,573 on Friday, with a month to date average of 45,431 shares at US$2,327 compared with 46,970 units at US$2,461 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index fell 2.11 points to 230.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share shed 0.39 of a cent to end at 7 US cents with 404 shares crossing the market, Proven Investments lost 0.47 of one cent to end at 18.53 US cents with an exchange of 8,952 stock units, Sygnus Credit Investments USD share rallied 0.48 of one cent in closing at 10 US cents as 28,037 stocks passed through the market and Transjamaican Highway rose 0.07 of a cent to 0.97 of one US cent after exchanging 151,900 units.
In the preference segment, Productive Business 9.25% preference share remained at US$12 with a transfer of 76 units and JMMB Group 6% fell 8.94 cents in closing at 98.02 US cents with 70 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Losers crush winners on Trinidad Exchange
Trading plunged well below Friday’s levels on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 91 percent with 86 percent lower value than on Friday resulting in 21 securities trading compared with 22 on Friday, resulting in prices of eight stocks rising, 10 declining and three remaining unchanged.
Investors traded 230,773 shares for $2,283,316 versus 2,678,820 stock units at $16,631,803 on Friday. An average of 10,989 units were traded at $108,729 down from 121,765 shares at $755,991 on Friday, with trading month to date averaging 30,985 shares at $426,693 compared to 33,729 units at $470,335 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index slipped 2.10 points to 1,326.48, the All T&T Index dipped 3.20 points to 1,977.48, the SME Index increased 4.52 points to end at 61.64 and the Cross-Listed Index dipped 0.13 points to end at 88.16.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings lost 3 cents in closing at $23.52 in finishing trading of 11,356 shares, Ansa McAl advanced $1 to close at $50, with 150 stocks crossing the market, Ansa Merchant Bank dipped $2.50 to end at $43.50 in switching ownership of 1,259 units. Calypso Macro Investment Fund ended at $21.15 after swapping of 45 stock units, Endeavour Holdings rose 95 cents to $11 while exchanging 250 stock units, First Citizens Group popped 50 cents to $52.50, with 5,648 stocks crossing the exchange. FirstCaribbean International Bank shed 9 cents to end at $6.50 with investors transferring 200 shares, GraceKennedy increased 10 cents in closing at $4.60 with a transfer of 200 units, Guardian Holdings dropped 10 cents to close at $25.05 in an exchange of 610 shares. L.J. Williams B share gained 5 cents to end at $2.60 with an exchange of 200 units, Massy Holdings remained at $4.48 as investors exchanged 138,031 stocks, National Enterprises rallied 31 cents to $3.91, 253 stock units changing hands. National Flour Mills ended at $1.50 after trading 1,500 shares, One Caribbean Media fell 34 cents to $3.16 after 18,127 units passed through the market, Prestige Holdings declined 10 cents in closing at $6.90 after a transfer of 47 stock units. Republic Financial declined $3.50 in ending at $135, with 864 stocks clearing the market, Scotiabank climbed $3.50 to $78 in an exchange of 741 shares, Trinidad & Tobago NGL shed 15 cents to close at $20.85 after trading 12,200 stock units. Trinidad Cement advanced 9 cents in closing at $3.59 after exchanging 1,500 units, Unilever Caribbean dipped 12 cents to end at $13.88 in trading 37,205 stocks and West Indian Tobacco lost 1 cent after ending at a 52 weeks’ low of $19.99 with an exchange of 387 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.