Trading activity jumped on the Jamaica Stock Exchange Main Market on Wednesday, with a 68 percent jump in the volume of stocks traded, with the value rising 215 percent more than on Tuesday, with trading in 57 securities up from 55 on Tuesday and resulted in prices of 25 rising, 18 declining and 14 ending unchanged.
A total of 15,314,858 shares were exchanged for $91,506,030, up from 9,129,580 units at $29,005,096 on Tuesday.
Trading averaged 268,682 shares at $1,605,369 versus 165,992 stocks at $527,365 on Tuesday. Trading month to date averaged 405,808 units at $2,522,386 compared to 425,596 units at $2,654,714 on the previous day. Trading in June averaged 366,795 units at $6,952,581, including trading in Bonds.
Wigton Windfarm led trading with 6.16 million shares for 40.2 percent of the volume, Transjamaican Highway followed with 3.07 million units for 20 percent of the day’s trade after the price ended at a record close of $2.72 to be up a solid 94 percent year to date. JMMB Group 7.35% – 2028 ended trading with 1.93 million units for 12.6 percent market share and Ciboney Group, with 1.02 million units, controlled 6.6 percent of total volume.
The All Jamaican Composite Index slipped 41.48 points to settle at 362,840.57, the JSE Main Index fell 77.50 points to 325,206.38 and the JSE Financial Index dipped 0.20 points to 71.31.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rallied 53 cents to end at $8.04 and closed after 4,500 shares were traded, Caribbean Cement rose 65 cents to $54.65, with 4,754 stocks changing hands, Eppley gained $1.45 to close at $36.45, with stakeholders exchanging 8,012 stock units, Jamaica Producers shed 95 cents to close at $19.50, with 446,112 units clearing the market. Jamaica Stock Exchange dipped 30 cents in closing at $10.60 after 26,097 stock units crossed the exchange, JMMB Group lost 80 cents to close at $29.19 after an exchange of 7,657 units, Kingston Wharves increased 30 cents in closing at $29.30 while exchanging 750 stocks, Massy Holdings dropped $1 to end at $98 in an exchange of 1,722 shares. Mayberry Investments rose 48 cents to $8.98 with shareholders swapping 500 shares, Proven Investments fell $1.98 to end at $20.01 after a transfer of 2,150 stocks, Seprod climbed $2.98 to $73 after exchanging 1,492 units and Supreme Ventures declined 83 cents to close at $27.67 after 18,090 stock units passed through the market.
The preference segment was active with, trading in several stocks but with only a few shares each. At the close, Eppley 5% preference share popped $1 in closing at $21 in switching ownership of 6 stock units, Eppley 7.25% preference share rose $2.33 and ended at $18.52 in an exchange of just one stock, Jamaica Public Service 7% fell 96 cents to end at $41.54, with 146 shares crossing the market, Jamaica Public Service 9.5% rallied $342.47 to a record high of $3767.17 with an exchange of 5 units and 138 Student Living preference share dived $15.75 to end at $89.24, with 4 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in trading for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 7 percent valued 29 percent less than on Tuesday, but resulted in only two securities traded, compared to eight on Tuesday with all two ending unchanged.
A total of 929,491 shares were traded for US$16,864 compared with 995,788 units at US$23,655 on Tuesday.
Trading on Wednesday averaged 464,746 shares at US$8,432 compared with 124,474 units at US$2,957 on Tuesday, with a month to date average of 124,507 shares at US$3,455 compared with 108,305 units at US$3,218 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.41 points to 247.46.
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 two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share ended at 4.4 US cents with a transfer of 588 shares and Transjamaican Highway remained at 1.8 US cents in trading 928,903 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed trading on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday with a 52 percent rise in the volume of stocks traded but with a 30 percent drop in value compared to Tuesday, resulting in 17 securities trading down from 21 Tuesday, with prices of six stocks rising, six declining and five remaining unchanged.
Investors traded 342,162 shares for $2,112,627 compared with 225,137 stock units at $3,032,026 on Tuesday.
An average of 20,127 shares were exchanged for $124,272 compared to 10,721 units at $144,382 on Tuesday. Trading for the month to date averaged 10,909 shares at $148,041 compared to 9,739 units at $151,051 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index inched 0.15 points higher to 1,235.74, the All T&T Index dipped 0.02 points to 1,881.72, the SME Index slipped 0.23 points to 70.01 and the Cross-Listed Index popped 0.05 points higher to 76.19.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling price and three with lower offers.
At the close, Ansa McAl popped 1 cent to $51.01 after 35 shares passed through the market, Calypso Macro Investment Fund dropped 20 cents to end at $21.60 in an exchange of 178 stock units, CinemaOne advanced 50 cents to end at $7.70 with stakeholders exchanging 130 units, Endeavour Holdings dipped 25 cents to close at $12.75 in switching ownership of 78 stocks. First Citizens Group fell 5 cents in ending at $48.05 with an exchange of 1,225 stocks, FirstCaribbean International Bank rallied 5 cents to $7.25 after 84,953 stock units crossed the market, GraceKennedy remained at $3.43 with just one stock clearing the market, L.J. Williams B share ended at $2.80 crossing the exchange 10 shares. Massy Holdings lost 5 cents and ended at $4.85 with shareholders swapping 101,918 shares, National Enterprises popped 7 cents to close at $4 with a transfer of 75,373 stock units, National Flour Mills shed 12 cents to close at $1.52 after 788 units were traded. NCB Financial ended at $3.10 with 58,685 stocks being traded, Prestige Holdings closed at $8 after 458 units changed hands, Republic Financial gained 10 cents to end at $127.55 in an exchange of 646 stocks. Scotiabank ended at $75.99, with 1,525 shares changing hands, Trinidad & Tobago NGL declined 30 cents in closing at $17.90, with 10,000 stock units crossing the market and Unilever Caribbean climbed 15 cents to close at $12.25 as investors exchanged 6,159 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 59 percent jump in the volume of stocks changing hands along with a 57 percent rise in the value compared to Monday and resulting in trading in eight securities, compared to five on Monday with the price of three rising, two declining and three ending unchanged.
Overall, 995,788 shares were traded for US$23,655 compared with 628,194 units at US$15,066 on Monday.
Trading averaged 124,474 shares for US$2,957 compared with 125,639 units for US$3,013 on Monday. Trading ended with a month to date average of 108,305 units at US$3,218 compared to 104,501 units at US$3,280 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.45 points to 247.03.
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 two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share increased 0.6 of a cent to 4.4 US cents with stakeholders trading 225 shares, MPC Caribbean Clean Energy climbed 3 cents to close at 63 US cents and closed with an exchange of 13 stock units, Productive Business Solutions ended at US$1.80 after exchanging just one stock. Proven Investments remained at 14.6 US cents, with 11,708 units crossing the exchange, Sterling Investments ended at 1.6 US cents with investors trading 279,097 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.8 US cents in trading 699,743 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained US$1.50 and ended at US$13 with a mere one stock being traded and JMMB Group 6% shed 5.98 cents to end at 99.02 US cents in switching ownership of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading gets lifted on The Trinidad Exchange
Trading on the Trinidad and Tobago Stock Exchange ended on Tuesday, with a 146 percent rise in the volume of stocks traded, with 269 percent more value than on Monday resulting in the number of securities trading being the same Monday with 21, and ended with the prices of six stocks rising, six declining and nine ending unchanged.
Investors exchanged 225,137 shares for $3,032,026 compared to 91,646 stock units at $822,343 on Monday.
An average of 10,721 shares were traded at $144,382 compared with 4,364 units at $39,159 on Monday. Trading month to date averaged 9,739 shares at $151,051 compared with 9,557 units at $152,290 on the previous day. The average trade for June amounts to 23,515 shares at $224,325.
The Composite Index declined 13.14 points to end at 1,235.59, the All T&T Index dipped 0.79 points to finish at 1,881.74, the SME Index fell 0.48 points to 70.24 and the Cross-Listed Index dipped 3.69 points to end trading at 76.14.
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, Agostini’s ended at $68.50 after investors traded 14,508 shares, Angostura Holdings gained 30 cents in closing at $23.40, with 21 stocks changing hands, Ansa McAl remained at $51 with a transfer of 300 units, Calypso Macro Investment Fund ended at $21.80 after 22 stocks were traded. CinemaOne dipped 55 cents and ended at $7.20 in an exchange of 50 units, First Citizens Group rose 10 cents and ended at $48.10 in switching ownership of 2,100 stock units, FirstCaribbean International Bank remained at $7.20 as investors exchanged 5 shares, GraceKennedy ended at $3.43 after 64,173 stocks were traded. Guardian Holdings remained at $18.65 in an exchange of 148 units, JMMB Group lost 4 cents in closing at $1.35, with 12,250 stock units crossing the exchange, L.J. Williams B share increased 1 cent to close at $2.80 after exchanging 60 shares, Massy Holdings popped 5 cents in closing at $4.90 after a transfer of 68,416 stocks. National Enterprises climbed 7 cents to end at $3.93 with 15,054 stock units crossing the market, National Flour Mills remained at $1.64 while exchanging 541 stocks, NCB Financial fell 46 cents to end at $3.10 after 1,000 shares passed through the market, Prestige Holdings ended at $8, with 16,087 units crossing the market. Republic Financial declined 55 cents to $127.45 with investors trading 2,568 shares, Scotiabank advanced 13 cents to $75.99 with an exchange of 7,327 units, Trinidad & Tobago NGL ended at $18.20 after investors ended trading 5,027 stocks, Unilever Caribbean shed 15 cents in closing at $12.10 with 5,027 stock units clearing the market and West Indian Tobacco dropped 75 cents to $11.25 with stakeholders exchanging 10,453 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with five securities traded, compared to six on Friday with one rising, one declining and three ending unchanged following a mild increase in the volume of stocks changing hands after a 59 percent lower value than on Friday and resulted in the US Denominated Equities Index climbing 3.80 points to 247.63.
Overall, 628,194 shares were traded for US$15,066 compared to 684,072 units at US$37,141 on Friday.
Trading averaged 125,639 units at US$3,013 compared to 114,012 shares at US$6,190 on Friday, with a month to date average of 104,501 shares at US$3,280 compared with 100,856 units at US$3,326 on the previous day. June ended with an average of 60,969 units for US$3,967.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share slipped 0.2 of a cent to a 52 weeks’ low of 3.8 US cents with an exchange of 64,248 shares, Proven Investments advanced 1.6 cents to end at 14.6 US cents after switching ownership of just one share, Sterling Investments ended trading of 18,919 stocks to close at 1.6 US cents and Transjamaican Highway ended at 1.81 US cents after closing with an exchange of 543,766 stock units.
In the preference segment, JMMB Group 5.75% ended at US$1.90 while investors were exchanging 1,260 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.