Trading drops on JSE US$ market

June 4, 2020 by

Trading levels remain low on the JSE US dollar market on Thursday, with less than half of trading activity on Wednesday.
Market activity resulted in three securities changing hands, down from five on Wednesday. The market closed with the prices of two stocks advancing and one remained unchanged. Trading ended with 154,355 shares for US$13,028 changing hands, in contrast to 359,890 shares at US$61,624 from the trading of five securities on Wednesday.
At the close, the market advanced by 2.08 points to 189.08. The PE ratio of the market closed with an average of 12.9 times 2020 earnings.
At the close of market activity, Proven Investments gained half of a cent in trading 53,291 shares in closing at 22.5 US cents, Trans Jamaican Highway picking up one-tenth of a cent and ended at 0.99 US cents, with 100,964 shares changing hands. Investors exchanged 100 units of Equityline Mortgage Investment Corporation preference share at US$1.95.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE US market closes up

June 1, 2020 by

Jamaica Stock Exchange, US dollar market, closed up on the first trading day of June, with the market index rising 0.50 points to close at 190.79 with the same number of securities trading as on Friday.
Market activity resulted in four securities changing hands and ended with one declining and three closing unchanged. Investors traded 663,563 units valued at over US$69,954, in contrast to 105,523 units for US$10,755 on Friday.
At the close, the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading, Equityline Mortgage Investments preference share closed at US$1.95, after exchanging just 100 unit, First Rock Capital Investment gained half a cent, trading 600,000 units to close at 95 US cents. Proven Investments had 18,008 shares passing through the market at 22.5 US cents and Sygnus Credit Investments closed at 13 US cents with 16,000 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE US market closes May up

May 29, 2020 by

Jamaica Stock Exchange, US dollar market, closed upon the final trading day of May but lost just over three percent for the month and 16 percent for the year to date.
The US dollar market activity resulted in four securities changing hands, down from six on Thursday and ended with one declining and three stock closing unchanged. Investors traded 105,523 units at US$10,755, in contrast to 232,148 units for US$6,140 on Thursday.
At the close, the market index rose 1.03 points to 190.29 and the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading, Productive Business Solutions fell 2 cents and closed at 75 US cents, after exchanging just one unit, Proven Investments traded 21,691 shares at 22.5 US cents. Sygnus Credit Investments closed at 13 US cents in transferring 42,000 stock units and Trans Jamaican ended at 0.99 US cents, with 41,831 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Low trading on JSE US$ market

May 28, 2020 by

Trading on the Jamaica Stock Exchange US dollar market remains subdued on Thursday, even as the number of active securities rose over that on Wednesday as the market continues to consolidate.
At the close of market activity, six securities changed hands, down from five on Wednesday. Trading ended with the prices of two stocks rising, one declining and three remaining unchanged. Just 232,148 shares changed hands at US$6,140, in contrast to 253,911 units for US$25,811 on Wednesday.
At the close, the market lost 0.92 points to 189.26 and the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading activity, First Rock Capital gained 1 cent and closed at 9 US cents, with 8,584 units changing hands, Margaritaville traded 700 units at 18 US cents, Proven Investments ended at 22.5 US cents, after picking up half a cent after exchanging 13,792 stock units. Sygnus Credit Investments closed at 13 US cents with 857 units crossing the exchange and Trans Jamaican ended at 0.99 US cents after transferring 208,169 shares.
In the preference segment, JMMB Group 6% shed 6 cents to close at $1 with an exchange of a mere 46 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading picks up on JSE US$ market

May 22, 2020 by

Trading on the Jamaica Stock Exchange US dollar market fell Friday, with shares of seven companies changing hands, up from just two on Thursday, but with higher volume and value.
Market activity ended with prices of two stocks closing up, two falling and three remained unchanged. Investors exchanged 57,581 shares for US$12,255, in contrast to 29,646 units valued at US$6,434, from the trading of just two securities on Thursday.
At the close, the market index lost 0.62 points to end at 190.39 and the PE ratio of the market closed with an average of 13.1 times 2020 earnings.
At the end of trading, Equityline Mortgage Investments preference share lost half of a cent with 100 units changing hands at $1.95, First Rock Capital gained half a cent in exchanging 850 shares at 8.99 US cents, Margaritaville traded 800 stock units at 18 US cents. Proven Investments exchanged 50,000 shares to end at 23.35 US cents, Sterling Investments added 0.3 of a cent as investors switched ownership of 2,165 units, Sygnus Credit Investments ended at 13 US cents after exchanging 666 units and Trans Jamaican exchanged 3,000 shares and lost 0.01 of a cent to end at 0.093 of a US cent.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE US dollar market jumps over 3%

April 2, 2020 by

The Jamaica Stock Exchange, US dollar market, rose by 3.2 percent with the market index climbing 6.44 points to close at 208.70, with the year to date decline being 7.7 percent. At the close of trading, the PE ratio of the market was an average of 14.5 times 2020 earnings.
Market activity resulted in five securities changing hands, accounting for 651,114 units traded with a value of US$36,182, in contrast to 486,504 units for US$42,388 on Wednesday.
In trading activity, First Rock Capital rose by 0.9 of a cent to end at 9 US cents, after 4,100 stock units crossed the exchange, Proven Investments exchanged 114,693 shares at 26 US cents, Sterling Investments rose half a cent to 2.5 US cents after trading 10,000 units. Sygnus Credit Investments climbed 4.5 cents higher to 16.5 US cents in swapping 1,000 units and Trans Jamaican Highway in accounting for 80 percent of the day’s volume ended with an exchange of 521,321 shares at 1.07 US cents.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.

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JSE US$ market drops 12% in March

March 31, 2020 by

The Jamaica Stock Exchange US dollar market advanced by 4.44 points to close at 201.77 and ended March with a loss of 12 percent in the month and 10.8 percent for the year to date.
Market activity resulted in six securities changing hands, accounting for 7,448,842 units having a value of US$122,863, in contrast to 3,646,138 units for US$59,981 on Monday. The PE ratio of the market close with an average of12 times 2020 earnings.
The market had one new listing during the month with Trans Jamaican Highway started trading on March 24, following a successful IPO and it has dominated the daily traded volume ever since. Trans Jamaican stock led trading on the JSE US dollar market, accounting for 97.4 percent of the day’s volume.
At the close of trading, Infrequent trader, Equityline Mortgage Investments fell 2 cents to finish at 52 weeks’ low of US$1.99, with an exchange of 197 units. First Rock Capital rose 1 cent and closed at 8 US cents, in transferring 4,045 units, JMMB Group 5.75% preference share gained 1 cent trading 275 units to end at US$2.13. Proven Investments ended at 27 US cents, with a gain of 1 cent in swapping 186,681 shares, Sygnus Credit Investments closed at 12 US cents, with 2,467 units changing hands and Trans Jamaican Highway shed 0.3 of a cent to end at 1.02 US cents, with 7,255,177 shares crossing the exchange.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.

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