Trading on Thursday, ended with the volume of shares changing hands slipping 53 percent with 71 percent lower value than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in far more stocks rising than falling.
Trading ended with seven securities changing hands, compared to nine on Wednesday with prices of four rising, one declining and two holding firm.
The JSE US Denominated Equities Index gained 1.16 points to end at 200.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 185,440 shares traded for US$13,723 compared to 397,370 units at US$47,370 on Wednesday.
Trading averaged 26,491 units at US$1,960, compared to 44,152 shares at US$5,263 on Wednesday and month to date averaging 77,951 shares at US$7,312 versus 81,287 units at US$7,659 on the prior day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share increased 0.1 of a cent to 6.99 US cents while trading 31,191 shares, Proven Investments rallied 1.75 cents to 22.75 US cents after 26,155 stock units changed hands, Sterling Investments remained at 2.1 US cents while exchanging 10,000 stocks. Sygnus Credit Investments USD share gained 0.25 of a cent to close at 12.95 US cents after trading 2,346 units and Transjamaican Highway shed 0.02 of a cent in closing at 0.83 of one US cent in swapping of 113,477 stocks.
In the preference segment, JMMB Group 5.75% popped 7 cents to US$2.09, with 2,000 stock units crossing the market and JMMB Group 6% finished at US$1.15 in an exchange of 271 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most JSE USD stocks rose on Thursday
Retreat for Trinidad & Tobago stocks
Stock prices plunged Thursday, on the Trinidad and Tobago Stock Exchange, with the Composite Index shedding 6.49 points to 1,523.32, the All T&T Index fell 11.35 points to close at 2,127.38 and the Cross-Listed Index lost 0.18 points to settle at 122.91, with just two stocks rising, 11 declining and five remaining unchanged after trading picked up with 168 percent more shares changing hands with 417 percent higher value than on Wednesday.
A total of 18 securities traded similar to Wednesday, resulting in an exchange of 396,731 shares for $14,048,777 up from 148,186 units at $2,718,598, previously. An average of 22,041 units traded at $780,488 compared to 8,233 shares at $151,033 on Wednesday, with trading month to date averaging 41,320 units at $371,883 versus 42,372 units at $349,596. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Agostini’s fell 74 cents to close at $45 in trading 30 shares, Angostura Holdings ended unchanged at $19.99, with 314 stocks crossing the market, Ansa McAl declined $2.50 in closing at $57 trading 61,190 units. Clico Investment Fund rallied $1.50 to $30, with 89 stock units changing hands, First Citizens Group gained 25 cents to end at $64.75 in exchanging 885 stock units, FirstCaribbean International Bank finished at $6.14 in an exchange of 30 shares. GraceKennedy dropped 4 cents to close at $6.16 while exchanging 4,435 units, Guardian Holdings remained at $30 after 4,691 stocks crossed the market, JMMB Group slipped 4 cents to $2.47, after 5,224 shares changed hands. L.J. Williams B share shed 8 cents in closing at $1.72, with 2,025 stock units clearing the market, Massy Holdings shed 1 cent to $105.99 with the swapping of 77,085 stocks, National Enterprises remained at $3.25 after exchanging 15 units. National Flour Mills lost 5 cents after ending at $1.87 in switching ownership of 1,152 stocks, NCB Financial Group dropped 3 cents in closing at $8 after exchanging 224,190 units, Scotiabank fell $2 to close at $72 with an exchange of 3,146 stock units. Trinidad & Tobago NGL declined 1 cent in closing at $19.99 trading 390 shares, Trinidad Cement finished at $3.80 after 9,314 shares changed hands and West Indian Tobacco shed 1 cent to $27.98 while exchanging 2,526 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD market
Trading on Wednesday, on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands rising 227 percent, with 1071 percent higher value than on Tuesday, resulting in a three way split in stocks rising, falling and those closing unchanged.
Nine securities traded compared to six on Tuesday, with stocks rising, declining and ending unchanged sharing three each. The JSE US Denominated Equities Index rose 0.62 points to end at 198.91.
PE Ratio, a measure used in computing appropriate stock values, averages 12.5.
The market’s PE ratios are computed using ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 397,370 shares traded for US$47,370 compared to 121,697 units at US$4,044 on Tuesday. Trading averages 44,152 units at US$5,263, compared to 20,283 shares at US$674 on the previous day and the month to date averages 81,287 shares at US$7,659 versus 84,663 units at US$7,876 on Tuesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share ended at 6.89 US cents with 38 shares crossing the exchange, MPC Caribbean Clean Energy fell 4.2 cents to end at US$1.20 in an exchange of 20 stocks, Proven Investments popped 0.45 of one cent to close at 21 US cents in switching ownership of 186,658 units. Sterling Investments ended at 2.1 US cents in exchanging 232 stock units, Sygnus Credit Investments USD share climbed 0.4 of a cent in ending at 12.7 US cents after 6,350 stock units crossed the market, Sygnus Real Estate Finance USD share shed 0.3 of a cent to 13.5 US cents after exchanging 1,463 stocks and Transjamaican Highway advanced 0.02 of a cent after ending at 0.85 of one US cent in trading 200,000 units.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.999 after trading 9 shares and JMMB Group 5.75% dropped 12 cents to close at US$2.02 with an exchange of 2,600 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls on TTSE
Market activity resulted in more stocks rising than falling at the close of trading on Wednesday after an exchange of 81 percent fewer shares, with a 73 percent lower value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
A total of 18 securities traded compared to 19 on Tuesday, with four rising, five declining and nine remaining unchanged. The Composite Index lost 2.35 points to 1,529.81, the All T&T Index lost 13.09 points to close at 2,138.73 and the Cross-Listed Index gained 1.28 points to settle at 123.09.
A total of 148,186 shares traded for $2,718,598 compared to 796,016 shares at $9,919,652 on Tuesday. An average of 8,233 units traded at $151,033 compared to 41,896 shares at $522,087 on the previous day, with trading month to date averaging 42,372 units at $349,596 versus 44,341 units at $361,051. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s lost 26 cents to close at $45.74 in trading 45 shares, Angostura Holdings ended at $19.99, with 742 stock units changing hands, Calypso Macro Investment Fund rallied $2.34 to close at a 52 weeks’ high of $19 while exchanging 6 units. Clico Investment Fund dropped $1 to end at $28.50, with 63,138 stocks crossing the market, First Citizens Group declined $1 in closing at $64.50 after 481 stocks changed hands, GraceKennedy finished at $6.20 trading 4,190 stock units. Guardian Holdings fell 20 cents in closing at $30 with an exchange of 562 units, Guardian Media remained at $3.10, with 2,000 shares crossing the exchange, JMMB Group popped 27 cents to $2.51 after exchanging 12,441 stock units. L.J. Williams B share finished at $1.80 in an exchange of 2,123 stocks, Massy Holdings ended unchanged at $106 in swapping 4,163 units, National Enterprises remained at $3.25 trading 3,000 shares. NCB Financial Group increased 2 cents to end at $8.03, with 3,607 shares clearing the market, One Caribbean Media ended unchanged at $4.20 in switching ownership of 50,000 stock units, Prestige Holdings held at $7.05 with the swapping of 688 stocks. Republic Financial Holdings shed $1.70 in ending at $141.30 after exchanging 130 units, Scotiabank climbed $1.99 to $74, with 820 stocks crossing the market and West Indian Tobacco finished at $27.99 with an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling prices dominate JSE USD market
Trading on Tuesday ended with the volume of shares changing hands declining 85 percent with a 96 percent fall in value than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks declining than rising.
Trading ended with six securities changing hands, similar to Monday, with the price of one rising, four falling and one ending unchanged.
The JSE US Denominated Equities Index lost 2.33 points to end at 198.06. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 121,697 shares traded, for US$4,044 in contrast to 805,542 units at US$92,182 on Monday. Trading averaged 20,283 units at US$674, down from 134,257 shares at US$15,364 previously and month to date averages 84,663 shares at US$7,876 versus 88,816 units at US$8,341 on Monday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and four stocks with lower offers.
At the close, First Rock Capital USD share fell 0.04 of a cent in closing at 6.89 US cents after exchanging 200 shares, Proven Investments shed 1.45 cents to end at 20.55 US cents, with 13,320 units changing hands, Sygnus Credit Investments USD share lost 0.69 of a cent to close at 12.3 US cents in trading just one stock unit and Transjamaican Highway declined 0.06 of a cent to end at 0.83 of one US cent trading 107,900 stocks.
In the preference segment, Eppley 6% remained at 98 US cents in an exchange of 26 units and JMMB Group 6% gained 10 cents after ending at US$1.15 trading 250 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.