Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged declining, with 58 percent more value than on Monday, resulting in trading of 14 securities, up from just six on Monday with prices of three rising, five declining and six ending unchanged.
a total of 157,281 shares were traded, for US$16,865 compared to 165,305 units at US$10,692 on Monday.
Trading averaged 11,234 units at US$1,205 versus 27,551 shares at US$1,782 on Monday, with a month to date average of 16,129 shares at US$1,378. September ended with an average of 87,926 units for US$4,746.
The JSE US Denominated Equities Index rose 4.63 points to end at 217.29.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.02 of a cent in closing at 6.76 US cents after trading market 1,470 shares, Margaritaville dropped 0.01 of a cent in ending at 14.98 US cents after a transfer of 1,045 units, MPC Caribbean Clean Energy remained at US$1, with four stocks crossing the exchange. Productive Business Solutions ended at US$1.39 with a transfer of 4 stock units, Proven Investments ended at 20 US cents in switching ownership of 5,328 stocks, Sterling Investments advanced 0.14 of one cent to 2.25 US cents while exchanging 22,948 stock units. Sygnus Credit Investments J$ share popped 0.63 of a cent in closing at 15.63 US cents and exchanging 8 shares, Sygnus Credit Investments USD share declined 0.77 of one cent to 9 US cents in exchanging 10,800 units, Sygnus Real Estate Finance USD share lost 2.93 cents to end at 10 US cents as investors exchanged 4,600 stocks. Transjamaican Highway remained at 1 US cent in trading 107,110 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$10.50, with 650 shares crossing the market, Equityline Mortgage Investment preference share remained at US$1.85 with an exchange of 3 units, JMMB Group 5.75% shed 1 cent in ending at US$1.75, with 3,123 stock units changing hands and JMMB Group 6% rallied 9.8 cents in closing at US$1.078 with investors transferring 188 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading expansion for JSE USD stocks
Trading jumps on Trinidad exchange
Tuesday’s market activity ended on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded rising 134 percent and the value 67 percent more than on Monday resulting in 18 securities trading similar to Monday, with five stocks rising, three declining and 10 remaining unchanged.
A total of 303,976 shares were traded for $2,310,019, down from 129,724 shares at $1,384,845 on Monday. An average of 16,888 units were traded at $128,334 compared to 7,207 shares at $76,936 on Monday. Trading month to date averaged 12,047 shares at $102,624. The average trade for September amounts to 45,817 at $463,533.
The Composite Index increased 8.12 points to 1,344.02, the All T&T Index shed 2.92 points to end at 2,009.53 and the Cross-Listed Index advanced 2.79 points to close at 88.46
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Ansa Merchant Bank ended at $42.15, with 400 shares crossing the market, Clico Investment Fund fell 25 cents in closing at $29.50 after trading 27,657 stocks, First Citizens Group declined 24 cents to $50.01 in an exchange of 4,171 units. FirstCaribbean International Bank remained at $5.10 while exchanging 4,184 stock units, GraceKennedy climbed 15 cents to close at $5.25 in an exchange of 2,816 shares, Guardian Holdings remained at $25 after trading 1,000 stocks. Guardian Media ended at $3.10 with investors transferring 28,004 units, JMMB Group popped 15 cents in closing at $2.15 after a transfer of 87,010 stock units, Massy Holdings advanced 1 cent to end at $4.69 with the swapping of 85,580 stock units. National Enterprises ended at $3.30 trading 16,837 shares, National Flour Mills remained at $1.57, with five stocks crossing the market, NCB Financial Group remained at $4.51 after 14,063 units crossed the exchange. Prestige Holdings gained 49 cents in closing at $6.99, with 25,002 stock units changing hands, Republic Financial Holdings ended at $140 as investors exchanged 846 shares, Scotiabank closed at $78.39, with 359 stocks clearing the market. Trinidad & Tobago NGL lost 1 cent to close at $20.99 after exchanging 2,561 units, Unilever Caribbean remained at $12.9resend closed treading with 756 units and West Indian Tobacco rose 10 cents to $22.40 with a transfer of 2,725 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading drops
Trading dropped sharply from Friday’s levels to start October on a down note on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining 96 percent compared to Friday, with 79 percent lesser valued, resulting in the trading of six securities, compared to seven on Friday with one rising, three declining and two left unchanged.
Investors traded 165,305 shares for US$10,692, compared to 3,796,627 units at US$51,064 on Friday.
Trading averaged 27,551 shares at US$1,782, down from 542,375 units at US$7,295 on Friday. September ended with an average of 87,926 shares for US$4,746.
The JSE US Denominated Equities Index lost 2.89 points to end at 212.66.
The PE Ratio, a measure used to compute appropriate stock values, averages 8.9. 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 no stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share declined 0.04 of a cent to 6.78 US cents, with 33,107 shares changing hands, Proven Investments remained at 20 US cents, with 13,261 stock units crossing the market, Sygnus Real Estate Finance USD share gained 0.56 of one cent to end at 12.93 US cents with an exchange of 153 stocks and Transjamaican Highway fell 0.02 of a cent in ending at 1 US cent in trading 118,065 units.
In the preference segment, Productive Business 9.25% preference share ended at US$10.50 with 419 units clearing the market and JMMB Group 6% shed 10.99 cents in ending at 98 US cents trading 300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops in Trinidad
Market activity pulled back on Monday after trading ended on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 62 percent from Friday, with a 62 percent lower value, resulting in 18 securities traded up from 15 on Friday, with prices of three stocks rising, 10 declining and five remaining unchanged.
A total of 129,724 shares were exchanged for $1,384,845 versus 339,203 shares at $3,599,215 on Friday. An average of 7,207 units were traded at $76,936 compared to 22,614 shares at $239,948 on Friday. The average trade for September amounts to 45,817 at $463,533 units.
The Composite Index declined 7.26 points to 1,335.90, the All T&T Index dipped 2.77 points to 2,012.45 and the Cross-Listed Index shed 1.69 points to settle at 85.67.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s ended at $45 while exchanging 1,801 shares, Angostura Holdings closed at $24.95, with 110 stocks clearing the market, Clico Investment Fund shed 25 cents in ending at $29.75 with the swapping of 1,872 units. First Citizens Group climbed 25 cents to $50.25 after trading 164 stock units, FirstCaribbean International Bank ended at $5.10 in an exchange of 20 stocks, GraceKennedy dipped 15 cents to $5.10 after 20 stock units changed hands. Guardian Holdings fell 50 cents to close at $25, with 8,760 units changing hands. JMMB Group fell 20 cents to $2 in trading 5,828 shares, Massy Holdings declined 6 cents to $4.68 after a transfer of 44,316 stock units. National Enterprises remained at $3.30 while trading 236 stocks, National Flour Mills dipped 1 cent to $1.57 in switching ownership of 251 shares, NCB Financial Group popped 1 cent to $4.51, with 32,810 units crossing the exchange. Prestige Holdings gained 25 cents to end at $6.50, with 10,640 stock units changing hands, Republic Financial Holdings remained at $140 after exchanging 831 shares, Scotiabank dipped 1 cent to $78.39, with 18 units crossing the market. Trinidad & Tobago NGL lost 45 cents to close at $21 with investors transferring 20,547 stocks, Unilever Caribbean fell 1 cent to $12.99 as investors exchanged 537 stock units and West Indian Tobacco dropped 20 cents in closing at a 52 weeks’ low of $22.30 after an exchange of 963 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market delivered 2022 JSE best
The eleven best performing stocks on the Jamaica Stock Exchange for 2022 to the end of September, all came from the Junior Market with Fosrich, a company that expanded into manufacturing, put in an incredible run of 326 percent, the 2022 listed Spur Tree Spices was second with gains of 285 percent and Tropical Battery coming in at tenth position with gains of 99 percent.
Future Energy, distributors of gasoline, produced a rise of 96 percent to cap a spectacular two year run. 1834 Investments climbed 83 percent to be the best performing main market stock, after the company agreed to be acquired by Radio Jamaica, followed by Portland JSX, with 52 percent and Supreme Ventures the gaming company came next at 46 percent, in a period when the main market declined in value.