Activity on the Jamaica Stock Exchange Main Market ended on Friday, with a 53 percent rise in the volume of stocks traded at a 16 percent lower value than Thursday, after 54 securities were exchanged against 57 on Thursday, with 21 rising, 20 declining and 13 ending unchanged.
A total of 11,090,416 shares were exchanged for $78,193,167 compared with 7,234,916 units at $93,435,121 on Thursday.
Trading on Friday averaged 205,378 units at $1,448,022 compared to 126,928 shares at $1,639,213 on Thursday and month to date, an average of 168,931 units at $2,103,810 compared to 160,448 units at $2,256,450 on the previous day. September closed with an average of 533,719 units at $5,494,282.
Sagicor Select Financial Fund led trading with 5.71 million shares for 51.5 percent of total volume followed by Wisynco Group with 1.27 million units for 11.5 percent of the day’s trade and Wigton Windfarm with 710,077 units for 6.4 percent market share.
The All Jamaican Composite Index increased 601.52 points to 409,154.78, the JSE Main Index gained 1,744.70 points to end at 358,760.10 and the JSE Financial Index popped 0.15 points to settle at 86.18.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows six tocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments fell $1.20 to $108 after trading 47,503 shares, Eppley declined $1.40 to $39.60, with 91 stock units crossing the exchange, Eppley Caribbean Property Fund shed $1 in ending at $44.50, with 4 stocks changing hands. First Rock Real Estate rallied $2.40 to $14.40 as investors exchanged 132,406 shares, GraceKennedy lost $1 to close at $89 after a transfer of 48,470 units, Jamaica Producers popped 94 cents to close at $20.94 in trading 14,591 stocks. JMMB Group dipped 55 cents in closing at $38.40 with investors transferring 180,151 stock units, Kingston Wharves gained 50 cents to close at $38.50 in switching ownership of 1,897 shares, Massy Holdings advanced $2.70 to $85 in exchanging 115 stock units. Mayberry Jamaican Equities dropped 70 cents to end at $12.50, with 24,419 units clearing the market, PanJam Investment climbed $1.99 to $59.99 after 1,118 stocks crossed the market, Proven Investments rose $1.13 to $31.18 in an exchange of 7,230 shares. Sagicor Group increased 50 cents to $50.50 with an exchange of 206,388 shares, Scotia Group dropped $1.48 to end at $34.52 with the swapping of 157,082 stock units and Wisynco Group rallied 85 cents in closing at $18.70 after exchanging 1,273,414 stocks.
In the preference segment, JMMB Group 7% preference share dipped 47 cents to $2 trading 25,032 units, 138 Student Living preference share popped $11.50 to $69 with a transfer of 52 stocks and Productive Business Solutions 9.75% preference share shed $21 to close at $119 finishing at 85 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market extends 2022 gains to14%
Trading on the Jamaica Stock Exchange US dollar market ended on Friday with the volume of stocks exchanged rising 335 percent and valued 225 percent more than on Thursday, resulting in five securities trading, compared to seven on Thursday with one rising, two declining and two ending unchanged, resulting in the JSE US Denominated Equities Index gaining 1.25 points to end at 222.51, up 13.8 percent year to date.
Overall, 358,034 shares were exchanged for US$26,938 compared to 82,254 units at US$8,280 on Thursday.
Trading averaged 71,607 shares at US$5,388, up from 11,751 stock units at US$1,183 on Thursday, with a month to date average of 18,864 shares at US$1,769 versus 11,737 units at US$1,280 on the previous day. September ended with an average of 87,926 shares for US$4,746.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than its last selling price and three with lower offers.
At the close, First Rock Real Estate USD share popped 0.8 of a cent in closing at 7.5 US cents while exchanging 350,000 shares, Productive Business Solutions ended at US$1.39 after a transfer of 1,058 stock units, Proven Investments remained at 21.5 US cents trading 1,925 stocks and Transjamaican Highway dropped 0.01 cent to end at 0.98 US cent in an exchange of 4,551 units.
In the preference segment, Eppley 6% preference share dipped 11 cents after ending at US$1.02 with investors transferring 500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks decline in Trinidad and Tobago
Market activity ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 60 percent with the value 81 percent less than Thursday, resulting in 19 securities traded compared with 17 on Thursday, with three stocks rising, nine declining and seven remaining unchanged.
A total of 191,537 shares were exchanged for $1,184,430 down from 477,639 shares at $6,128,764 on Thursday.
An average of 10,081 units were traded at $62,338 compared to 28,096 shares at $360,516 on Thursday, with trading month to date averaging 15,150 shares at $199,851 versus 16,632 units at $240,047 on the previous day. The average trade for September amounts to 45,817 at $463,533.
The Composite Index fell 2.45 points to 1,341.42, the All T&T Index dropped 7.90 points to 1,998.97 and the Cross-Listed Index climbed 0.47 points to settle at 89.28.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings advanced 4 cents to $23.50 in an exchange of 20 shares, Ansa McAl remained at $56.50 after trading184 stock units, Calypso Macro Investment Fund ended at $22, with 10 units crossing the market. Clico Investment Fund dipped 10 cents to end at $29.80 with 510 stocks changing hands, First Citizens Group lost 25 cents in ending at $50.01 as investors exchanged 254 stock units, FirstCaribbean International Bank dropped 5 cents after ending at $5.50 with a transfer of 13,420 shares. Guardian Media ended at $3.10 while exchanging 100 stocks, JMMB Group fell 10 cents in closing at $2, with 54,490 units crossing the market, Massy Holdings declined 12 cents to end at $4.56 after exchanging 92,260 shares. National Enterprises shed 2 cents to close at $3.28 in exchanging 7,180 stock units, NCB Financial Group popped 24 cents in ending at $4.75 with investors transferring 2,640 units, One Caribbean Media lost 9 cents to close at $3.90 in switching ownership of 50 stocks. Point Lisas climbed 14 cents to $3.25, with 6,259 stock units changing hands, Prestige Holdings dropped $1.02 in closing at $5.97 after trading 25 shares, Republic Financial Holdings remained at $140.04 in an exchange of 1,074 units. Scotiabank ended at $78.40, with 975 stocks crossing the exchange, Trinidad & Tobago NGL dipped $1.45 to $22.05 in trading 10,881 stocks, Unilever Caribbean remained at $12.99 after a transfer of 180 stock units and West Indian Tobacco ended at $22.50 with an exchange of 1,025 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE US dollar market races higher
The volume of stocks exchanged by investors on Thursday climbed 180 percent on the Jamaica Stock Exchange US dollar market but at 28 percent lower value than on Wednesday, resulting in movement in seven securities, compared to 10 on Wednesday with four rising, one declining and two ending unchanged.
A total of 82,254 shares were exchanged for US$8,280 compared to 29,412 units at US$11,534 on Wednesday. Trading averaged 11,751 units at US$1,183 versus 2,941 shares at US$1,153 on Wednesday, with a month to date average of 11,737 shares at US$1,280 in line with the 11,733 units at US$1,303 on the previous day. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index climbed 4.42 points to end at 221.26.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio uses CInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share increased by 0.8 of a cent in closing at 6.7 US cents with investors transferring 128 shares, Proven Investments rallied 1.5 cents to close at 21.5 US cents after a transfer of 12,042 units, Sterling Investments fell 0.01 cent to 2.2 US cents in switching ownership of 561 stock units. Sygnus Credit Investments USD share gained 1.63 cents in ending at 10.63 US cents after trading 25,054 stocks, Sygnus Real Estate Finance USD share rose 1.52 cents to end at 11.62 US cents in an exchange of 1,009 stock units and Transjamaican Highway remained at 0.99 of a US cent after trading 42,018 shares.
In the preference segment, JMMB Group 5.75% ended at US$1.70 as investors exchanged 1,442 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Trinidad exchange
Market activity climbed on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded jumping 181 percent with the value rising just 6 percent more than on Wednesday, resulting in exchanges in 17 securities compared with 12 on Wednesday, with prices of seven rising, four declining and six remaining unchanged.
A total of 477,639 shares were exchanged for $6,128,764 compared to 169,751 shares at $5,779,409 on Wednesday. An average of 28,096 units were traded at $360,516 versus an average of 14,146 shares at $481,617 on Wednesday, with trading month to date averaging 16,632 shares at $240,047 against 12,572 units at $197,381 on the previous day. The average trade for September was 45,817 at $463,533.
The Composite Index dipped 1.18 points to 1,343.87, the All T&T Index slipped 3.82 points to 2,006.87 and the Cross-Listed Index rose 0.23 points to settle at 88.81.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings fell $1.49 to $23.46 after a transfer of 75 shares, Ansa McAl remained at $56.50 in an exchange of 9 units, Clico Investment Fund dipped 9 cents to close at $29.90 with a transfer of 66,743 stocks. First Citizens Group popped 25 cents to $50.26 after trading 1,719 stock units, FirstCaribbean International Bank inched 1 cent up in closing at $5.55, with 3,553 shares crossing the market, GraceKennedy ended at $5.24 after 100 units changed hands. Guardian Holdings increased 25 cents in closing at $25.25 after trading just one stock unit, JMMB Group shed 5 cents to end at $2.10 in exchanging 3,743 stock units, Massy Holdings slipped 1 cent to $4.68 after trading 303,548 stocks. Point Lisas ended at $3.11 with the swapping of 318 stock units, Prestige Holdings remained at $6.99 as 20 units passed through the market, Republic Financial Holdings popped 4 cents to close at $140.04 as investors exchanged 553 shares. Scotiabank gained 20 cents to end at $78.40 trading 12,323 stocks, Trinidad & Tobago NGL rallied $1.50 after ending at a 52 weeks’ high of $23.50, after exchanging 45,063 stock units, Trinidad Cement ended at $3.50, with 31 shares crossing the exchange. Unilever Caribbean remained at $12.99, with 37,984 units changing hands and West Indian Tobacco rose 17 cents to end at $22.50 while exchanging 1,856 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged declining 81 percent, with 32 percent less value than on Tuesday, resulting in 10 securities trading, down from 14 on Tuesday with two rising, five declining and three ending unchanged, with the JSE US Denominated Equities Index losing 0.45 points to end at 216.84.
A total of 29,412 shares were traded for US$11,534 compared to 157,281 units at US$16,865 on Tuesday.
Trading averaged 2,941 units at US$1,153 versus 11,234 shares at US$1,205 on Tuesday, with A month to date average of 11,733 shares at US$1,303 versus 16,129 units at US$1,378 on the previous day. September ended with an average of 87,926 units for US$4,746.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.86 of a cent after ending at 5.9 US cents, with 3,099 shares clearing the market, MPC Caribbean Clean Energy ended at US$1, with 4 stock units changing hands, Proven Investments remained at 20 US cents after a transfer of 12,507 stocks. Sterling Investments declined 0.04 of a cent to close at 2.21 US cents with a transfer of 3,745 units, Sygnus Credit Investments J$ share dropped 0.03 of a cent to 15.6 US cents in switching ownership of 18 units, Sygnus Real Estate Finance USD share advanced 0.1 of a cent after ending at 10.1 US cents with an exchange of one stock unit and Transjamaican Highway lost 0.01 of a cent to close at 0.99 of one US cent with the swapping of 5,000 stocks.
In the preference segment, Productive Business 9.25% preference share rallied 10 cents to end at US$10.60 in trading 12 shares, Equityline Mortgage Investment preference share remained at US$1.85 in exchanging 26 shares and JMMB Group 5.75% fell 5 cents in closing at US$1.70 as investors exchanged 5,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.