Trading dropped sharply on the Jamaica Stock Exchange US dollar market on Thursday, with a 66 percent fall in the volume of stocks changing hands and the value declining 92 percent compared with Wednesday, resulting from trading in six securities compared to six on Wednesday with two rising, two declining and two ending unchanged.
A total of 73,572 shares were traded for US$2,495 compared to 218,675 units at US$32,659 on Wednesday.
Trading averaged 12,262 units at US$416, versus 36,446 shares at US$5,443 on Wednesday, with a month to date average of 48,662 shares at US$4,051 compared with 50,762 units at US$4,261 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 0.95 points to settle at 255.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville remained at 12 US cents with just 3 shares crossing the exchange, MPC Caribbean Clean Energy slipped 5 cents in closing at 55 US cents and closing with 91 stocks changing hands, Proven Investments rose 0.25 of one cent to end at 14.75 US cents after trading of 3,580 units. Sterling Investments increased 0.01 of a cent and ended at 1.95 US cents crossing the market 3,573 stock units and Transjamaican Highway dipped 0.06 of a cent to close at 1.63 US cents in trading 66,263 stock units
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12 in an exchange of 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading drops on Trinidad Stock Exchange
Trading remained light on the Trinidad and Tobago Stock Exchange on Thursday, with a 43 percent fall in the volume of stocks traded accompanied by a 57 percent lower value than on Wednesday and resulting in just 10 securities trading, down from 19 on Wednesday and ending with three stocks rising, two declining and five remaining unchanged.
Investors exchanged 246,775 shares for $1,839,912 compared to 431,015 stock units at $4,256,102 on Wednesday.
An average of 24,678 shares were traded at $183,991 compared to 22,685 units at $224,005 on Wednesday, with trading month to date averaging 16,903 units at $184,750 compared with 16,614 units at $184,775 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index advanced 3.88 points to close at 1,212.02, the All T&T Index climbed 6.72 points to finish at 1,853.46, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rose 0.12 points to 73.58.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Ansa McAl ended at $57, with 2,052 shares changing hands, First Citizens Group closed at $49.10 with 4,496 stocks being traded, FirstCaribbean International Bank ended at $7 after an exchange of 22,726 units. Guardian Holdings remained at $19.10 in trading 370 stock units, JMMB Group popped 2 cents in closing at $1.40 with an exchange of 189,286 stocks, Massy Holdings advanced 9 cents to $4.84 with a transfer of 9,394 stock units. Republic Financial skidded $1.50 and ended at $121.50 with investors transferring 906 shares, Scotiabank climbed $1.25 to close at $72.75 in switching ownership of 11,445 units. Trinidad & Tobago NGL ended at $12.95, with 5,900 stocks crossing the market and West Indian Tobacco slipped 1 cent in closing at $10.20 with traders dealing in 200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading down, prices up on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded dropping 53 percent with the value moderately lower than on Tuesday, resulting in 19 securities trading up from 17 on Tuesday and ended with prices of 10 stocks rising, four declining and five remaining unchanged.
Investors exchanged 431,015 shares for $4,256,102 down from 914,841 stock units at $4,448,880 on Tuesday.
An average of 22,685 units were traded at $224,005 compared to 53,814 shares at $261,699 on Tuesday, with trading month to date averaging 16,614 shares at $184,775 compared with 16,153 units at $181,798 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index advanced 5.05 points to finish at 1,208.14, the All T&T Index rallied 8.29 points to end at 1,846.74, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rallied 0.22 points to settle at 73.46.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $67, with 8,428 shares clearing the market, Angostura Holdings gained 3 cents to end at $22.99, with 12,500 stocks changing hands, Ansa McAl rose 10 cents to close at $57 after 867 units passed through the market. Ansa Merchant Bank climbed 30 cents and ended at $42.50 with 2,152 stock units crossing the exchange, Calypso Macro Investment Fund advanced $2.55 to $25.05 with a transfer of 95 shares, Endeavour Holdings ended at $13 in an exchange of 489 stocks. First Citizens Group gained 10 cents and ended at $49.10, with 7,237 units crossing the market, FirstCaribbean International Bank ended at $7 with an exchange of 11,207 stock units, GraceKennedy lost 1 cent in closing at $3.29 after 600 stock units changed hands, Guardian Holdings rallied 10 cents to end at $19.10 with stakeholders exchanging 5,309 stocks, JMMB Group popped 3 cents to $1.38 and closed after 9 units were traded, Massy Holdings dipped 10 cents to $4.75 while exchanging 257,792 shares, National Enterprises closed trading at $3.55 with investors swapping 99,245 units, NCB Financial inched 1 cent higher in closing at $2.90 in an exchange of 12,054 shares, Prestige Holdings ended at $7.95 after investors ended trading of just 62 stock units, Republic Financial rallied $3 to $123 after an exchange of 4,587 stocks, Scotiabank shed 50 cents to close at $71.50 with investors dealing in 6,860 shares, Trinidad & Tobago NGL fell 4 cents to $12.95 as investors exchanged 820 units and West Indian Tobacco popped 1 cent to $10.21 after a transfer of 702 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar Market on Wednesday, with a 142 percent jump in the volume of stocks changing hands as the value surged by 1,057 percent more than on Tuesday, resulting in trading in six securities similar to activity on Tuesday and ended with prices of four rising, one declining and one ending unchanged.
Overall, 218,675 shares were traded, for US$32,659 up from 90,382 units at US$2,822 on Tuesday.
Trading averaged 36,446 units at US$5,443 well up on 15,064 shares at US$470 on Tuesday, with a month to date average of 50,762 shares at US$4,261 compared with 51,638 units at US$4,189 on the previous day while tracking close to August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index rallied 2.33 points to conclude trading at 256.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville rallied 0.5 of a cent to close at 12 US cents with just one share being traded, Proven Investments dipped 0.3 of a cent to 14.5 US cents with investors transferring 215,386 units. Sterling Investments gained 0.04 of a cent in closing at 1.94 US cents in trading 400 stocks, Sygnus Credit Investments rose 0.05 of a cent to end at 9.1 US cents with 2,140 shares trading and Transjamaican Highway climbed 0.08 of a cent and ended at 1.69 US cents, with 648 units changing hands.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12 with shareholders swapping 100 stocks.
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 Tuesday, with the volume of stocks changing hands declining 51 percent, with a 79 percent lower value than on Monday, resulting in six securities traded, compared to 11 on Monday with three rising, three declining and no ending unchanged.
A total of 90,382 shares were traded, for only US$2,822 compared to 183,401 units at US$13,204 on Monday.
Trading averaged 15,064 units at US$470 compared with 16,673 shares at US$1,200 on Monday, with the month to date averaging 51,638 shares at US$4,189 compared with 54,023 units at US$4,431 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index declined 0.89 points to 254.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville popped 0.01 of a cent to close at 11.5 US cents with investors dealing in 8,406 shares, Proven Investments rose 0.3 of a cent to 14.8 US cents as investors exchanged 130 stocks, Sterling Investments skidded 0.05 of a cent to end at 1.9 US cents with traders dealing in 13,000 stock units. Sygnus Credit Investments rallied 0.03 of a cent to 9.05 US cents in switching ownership of 5,000 units and Transjamaican Highway lost 0.09 of a cent in closing at 1.61 US cents with stakeholders exchanging 63,801 units.
In the preference segment, JMMB Group 5.75% dipped 1 cent to close at US$2.25 with investors swapping 45 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.