Trading virtually dried up on Wednesday on the Jamaica Stock Exchange US dollar market, with just two securities changing hands, compared to five on Tuesday but the volume of stocks changing hands rising by 977 percent with the value surging 1,915 percent higher than on Tuesday.
Trading ended with prices of no stock rising or declining and two ending unchanged.
The JSE US Denominated Equities Index popped a mere 0.01 point to end at 214.38. The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
A mere 174,820 shares traded for US$39,324 compared to 16,239 units at US$1,951 on Tuesday.
Trading averaged 87,410 units at US$19,662, compared to 3,248 shares at US$390 on Tuesday and month to date averaging 594,405 shares at US$80,616 versus 614,287 units at US$83,006 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Proven Investments remained at 22.5 US cents after an exchange of 174,795 shares and Sygnus Credit Investments USD share ended at 12.9 US cents with the trading of 25 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE USD market
More gains for Trinidadian stocks
Funds passing through the Trinidad and Tobago Stock Exchange dropped sharply on Wednesday and resulted in an exchange of 39 percent fewer shares, with 48 percent lower value than Tuesday, as market activity resulted in more stocks rising than falling at the close.
At the close, 18 securities traded, down from 21 on Tuesday, with seven rising, five declining and six ending unchanged. The Composite Index climbed 6.63 points to 1,463.62, the All T&T Index spiked 11.03 points to 2,021.31 and the Cross-Listed Index rose 0.27 points to settle at 121.48.
A total of 142,298 shares traded for $3,011,564 versus 231,849 units at $5,738,958 on Tuesday. An average of 7,905 shares traded at $167,309 compared to 11,040 at $273,284 on Tuesday, with trading month to date averaging 22,717 units at $269,537 compared to 24,373 units at $280,966. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings lost 32 cents to end at $17.18 in trading 1,577 shares, Clico Investment Fund shed 18 cents to $28.82, with 29,984 stocks crossing the market, Endeavour Holdings popped 45 cents to $7.93 after exchanging 200 stock units. First Citizens Group increased 50 cents to $58.50 crossing with 1,685 units changing hands, GraceKennedy climbed 5 cents to $6.15 after 300 shares crossed the exchange, Guardian Holdings remained at $30.50 in trading 7,937 units. JMMB Group ended at $2.22 after 19,000 stock units changed hands, Massy Holdings closed at $95.58 with an exchange of 5,764 stocks, National Enterprises dropped 5 cents to $3.20 while exchanging 100 shares. National Flour Mills remained at $1.87 in exchanging 414 units, NCB Financial Group advanced 2 cents to $8.02, with 6,123 stock units clearing the market, Prestige Holdings slipped 1 cent to $7 after swapping of 6,584 stocks. Republic Financial Holdings fell 1 cent to $138 in facilitating ownership switching 1,329 stocks, Scotiabank spiked $2 in closing at $67 in an exchange of 411 stock units, Trinidad & Tobago NGL rose $1 to $20 trading 41,130 shares. Trinidad Cement rallied 9 cents to close at $3.50 with an exchange of 19,500 units, Unilever Caribbean closed unchanged at $16.35 after exchanging 88 units and West Indian Tobacco ended at $28.50, with 172 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady JSE USD market trading
Trading ended with the volume of shares changing hands declining on Tuesday, after 82 percent fewer shares traded with 76 percent lower value than Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to seven on Monday, with prices of one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 0.19 points to end at 214.37. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses earnings forecasts done by ICInsider.com or each company with the financial year ending during the current year up to August 2022.
Overall, 16,239 shares traded, for US$1,951 down from 89,952 units at US$7,974 on Monday. Trading averaged 3,248 units at US$390, compared to 12,850 shares at US$1,139 on Monday, with the month to date averaging 614,287 shares at US$83,006 versus 680,705 units at US$91,986 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share gained 0.02 of a cent to end at 6.07 US cents after trding 7,292 shares, Margaritaville lost 1 cent to close at 10 US cents with the swapping of 1,501 units, Proven Investments finished unchanged at 22.5 US cents, with 5,672 stock units crossing the market. Sterling Investments dipped 0.1 of a cent in ending at 2 US cents with 1,349 stocks clearing the market and Sygnus Credit Investments USD share fell 0.08 of a cent to end at 12.9 US cents in exchanging 425 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stock prices drop as trading dips in Trinidad
The volume of stocks trading fell 29 percent on Tuesday from Monday level with 33 percent higher value as market activity ended resulting in more stocks rising than falling at the close of trading, declining after trading fewer shares, on the Trinidad and Tobago Stock Exchange.
At the close, 21 securities traded up from 14 on Monday, with eight rising, seven declining with six left unchanged. The Composite Index dropped 2.53 points to close at 1,456.99, the All and Index dipped 3.91 points to 2,010.28 and the Cross-Listed Index lost 0.15 points to settle at 121.21.
A total of 231,849 shares traded for $5,738,958 compared to 328,163 units at $5,940,475 on Monday. An average of 11,040 units traded at $273,284 compared to 23,440 at $424,320 on the prior day, with trading month to date averaging 24,373 units at $280,966 versus 26,373 units at $282,118. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings lost 45 cents in closing at $17.50 after exchanging 1,929 shares, Ansa McAl climbed $1.50 to $59.50 after trading four units, Calypso Macro Investment Fund shed 3 cents to end at $16.65 in an exchange of 1,058 stocks. Clico Investment Fund rallied $2 to $29 in switching ownership of 16,567 stock units, First Citizens Group ended unchanged at $58 after clearing the market of 327 stock units, GraceKennedy remained at $6.10, with 4,130 units changing hands. Guardian Holdings finished unchanged at $30.50 while 2,955 stocks crossed the exchange, JMMB Group fell 3 cents to $2.22, with 32,146 shares crossing the market, L.J. Williams B share popped 9 cents to $1.60 in an exchange of 50,000 stocks. Massy Holdings closed at $95.58 after trading 22,227 units, National Enterprises spiked 6 cents to $3.25 while exchanging 35 stock units, National Flour Mills dipped 3 cents to $1.87 as 292 shares crossed the exchange. NCB Financial Group remained at $8 with the swapping of 5,000 stock units, One Caribbean Media gained 30 cents to close at $4.70 in trading 354 units, Prestige Holdings declined 19 cents in closing at $7.01 after trading 511 shares. Republic Financial Holdings increased 1 cent to $138.01 in exchanging 10,627 stocks, Scotiabank dropped $3 to $65 with an exchange of 1,624 shares, Trinidad & Tobago NGL finished at $19 while exchanging 55,624 units. Trinidad Cement lost 39 cents to close at $3.41 in trading 21,971 stocks, Unilever Caribbean advanced 15 cents to end at $16.35 in exchanging 4,294 stock units and West Indian Tobacco rose 30 cents to $28.50, with 174 stock units changing hands
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD jumps 7% on Monday
Trading on Monday ended with the volume of shares changing hands declining after a fraction of shares exchanged on Friday, passed through the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling and the market rose 7 percent for the day.
Seven securities traded, compared to five on Friday, with five rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index surged 14.55 points to end at 214.56, up 15 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 89,952 shares traded, for US$7,974 compared to 25,247,952 units at US$3,090,795 on Friday. Trading averaged 12,850 units at US$1,139, versus 5,049,590 shares at US$618,159 on Friday and month to date averages 680,705 shares at US$91,754 versus 800,576 units at US$108,018 on Friday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and no stock with a lower offer.
At the close, Margaritaville rose 1 cent to 11 US cents in switching ownership of 8,310 shares, Productive Business Solutions rose 17.25 cents to a 52 weeks’ high of US$1.334 with the swapping of 29 stocks, Proven Investments fell 0.5 of a cent to end at 22.5 US cents after exchanging 28,513 stock units. Sterling Investments ended at 2.1 US cents in an exchange of 3,000 units, Sygnus Credit Investments USD share spiked 0.98 of a cent to close at 12.98 US cents after two shares changed hands shares and Transjamaican Highway popped 0.07 of a cent to 0.86 US cents with 50,000 units clearing the market.
In the preference segment, Equityline Mortgage Investment preference share advanced 9.9 cents to end at US$1.999 after trading 98 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.