Rising stocks edged out decliners in trading on the Jamaica Stock Exchange Main Market on Friday, but stock trading firm beat out all of the above, following a 47 percent fall in the volume of stocks traded at 40 percent lower value than on Thursday, with trading in 63 securities compared to 61 on Thursday, with prices of 21 stocks rising, 19 declining and 23 ending unchanged.
The market closed with 4,649,405 shares trading for $79,455,741 down from 8,718,855 units at $132,519,420 on Thursday.
Trading averaged 73,800 shares at $1,261,202 compared with 142,932 units at $2,172,450 on Thursday and month to date, an average of 831,372 units at $3,540,38 from 891,863 units at $3,722,377 on the previous day and March that averaged 828,473 units at $2,341,254.
Kingston Wharves led trading with 890,307 shares for 19.1 percent of total volume followed by JMMB 9.5% preference share with 810,423 units for 17.4 percent of the day’s trade and Transjamaican Highway with 672,372 stocks for 14.5 percent market share.
The All Jamaican Composite Index lost 3,372.85 points to end the day at 358,878.15, the JSE Main Index fell 2,142.25 points to lock up trading at 322,041.87 and the JSE Financial Index slipped 1.09 points to conclude trading at 68.74.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden popped $1.45 and ended at $39.45 with investors transferring 9 shares, Barita Investments slipped 85 cents to $71.15 after an exchange of 18,855 stocks, Berger Paints rallied 36 cents in closing at $5.70 with a transfer of 7,753 units. Caribbean Cement sank $1.40 to finish at $56.50 with 446,118 stock units crossing the market, Eppley lost $1.09 to end at $38.90 as investors exchanged 300 shares, Eppley Caribbean Property Fund shed $2.97 to close at $37.02 in switching ownership of 529 units. GraceKennedy dropped 94 cents to end at $73 with traders dealing in 187,546 stocks, Guardian Holdings fell 50 cents and ended at $369.50 after 98 stock units passed through the market, Jamaica Producers dipped 67 cents to end at $22.22 with 1,082 shares changing hands. Margaritaville increased $1.42 in closing at $15.53 in an exchange of 4 stocks, Massy Holdings climbed $1 to finish at $91 with investors swapping 24,992 stock units, Mayberry Jamaican Equities declined 50 cents to close at $10 in an exchange of 100,402 stock units. NCB Financial skidded 50 cents to $62.50 after investors traded 11,015 shares, Pan Jamaica rose 50 cents to close at $48 with an exchange of 12 stocks, Sagicor Group gained 64 cents in closing at $41.14 with 4,040 units clearing the market. Seprod advanced 80 cents to end at $82 and closed with 6,857 stock units changing hands and Wisynco Group rose 32 cents and ended at $21 with an exchange of 32,814 shares.
In the preference segment, Productive Business Solutions 9.75% preference share gained $4.99 to finish at $115 with investors trading just one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading spreads on JSE USD Market
Investors participated in a wide selection of stocks in trading on the Jamaica Stock Exchange US dollar market on Thursday, resulting in trading in 11 securities, compared to 10 on Wednesday with prices of three rising, four declining and four ending unchanged, with the volume of stocks traded declining 93 percent with an 89 percent lower value than on Wednesday.
The market closed with an exchange of 66,053 shares for US$5,574 compared to 1,005,394 units at US$50,711 on Wednesday.
Trading averaged 6,005 units at US$507 versus 100,539 shares at US$5,071 on Wednesday, with a month to date average of 33,620 shares at US$2,132 compared with 36,785 units at US$2,318 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index popped 1.69 points to culminate at 240.75.
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 and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AS Bryden lost 0.51 of one cent to 22.49 US cents after a transfer of 1,800 shares, First Rock Real Estate USD share gained 0.01 of a cent to close at 4.03 US cents in trading 9,001 units, Margaritaville remained at 10 US cents in switching ownership of 850 shares. Proven Investments rose 0.98 of one cent in closing at 14 US cents with investors trading 2,023 stock units, Sterling Investments dipped 0.19 of a cent to end at 1.51 US cents with 13,127 shares clearing the market, Sygnus Credit Investments rallied 0.04 cent to finish at 7.99 US cents after an exchange of 6,396 stock units. Sygnus Real Estate Finance USD share ended at 9 US cents after 221 stocks crossed the market and Transjamaican Highway fell 0.01 of a cent to end at 2.18 US cents as investors exchanged 30,867 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.19 with 1,663 stocks crossing the market. JMMB Group 5.75% skidded 10 cents to US$2 with investors swapping 9 shares and Sygnus Credit Investments E8.5% ended at US$10.70 as 96 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in trading for the USD Market
Trading surged on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 1,060 percent jump in the volume of stocks exchanged following a 244 percent pop in value compared with market activity on Tuesday and resulting in trading in 10 securities, compared to 12 on Tuesday with prices of three rising, three declining and four ending unchanged.
The market closed with an exchange of 1,005,394 shares for US$50,711 compared to 86,667 units at US$14,748 on Tuesday.
Trading averaged 100,539 units at US$5,071 versus 7,222 shares at US$1,229 on Tuesday, with a month to date average of 36,785 shares at US$2,318 compared with 29,371 units at US$1,998 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index declined 3.55 points to end at 239.06.
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 and or around 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 of the market, First Rock Real Estate USD share dipped 0.58 of one cent to end at 4.02 US cents closing, with 4,258 units being traded, Margaritaville ended at 10 US cents with 600 stocks crossing the market, Productive Business Solutions remained at US$1.59 after investors ended trading 36 shares. Proven Investments fell 1.68 cents to finish at 13.02 US cents with investors transferring 186,935 stock units, Sterling Investments remained at 1.7 US cents after 117 shares crossed the exchange, Sygnus Credit Investments gained 0.01 of a cent to close at 7.95 US cents with traders dealing in 5,475 stocks and Transjamaican Highway rose 0.08 of a cent to 2.19 US cents in switching ownership of 806,663 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.19, with 700 stock units crossing the market, Productive Business Solutions 9.25% preference share declined 50 cents to close at US$11 in trading 250 shares and Sygnus Credit Investments E8.5% advanced 10 cents in closing at US$10.70, with 360 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More funds enters JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 43 percent decline in the volume of stocks changing hands after a 166 percent jump in value compared with Monday, and resulting from trading in 12 securities, compared to 10 on Monday with prices of five rising, four declining and three ending unchanged.
The market closed with an exchange of 86,667 shares for US$14,748 compared to 152,339 units at US$5,545 on Monday.
Trading averaged 7,222 units at US$1,229 versus 15,234 shares at US$554 on Monday, with a month to date average of 29,371 shares at US$1,998 compared with 32,963 units at US$2,123 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index gained 1.19 points to end the day at 242.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden climbed 0.51 of one cent in closing at 23 US cents after an exchange of 200 units, First Rock Real Estate USD share rose 0.58 of one cent to 4.6 US cents with investors transferring 1,080 stocks, Margaritaville remained at 10 US cents in an exchange of 80 shares. Productive Business Solutions ended at US$1.59, with 27 stock units changing hands, Proven Investments advanced 0.97 of one cent to close at 14.7 US cents in an exchange of 7,992 shares, Sterling Investments popped 0.19 of a cent to end at 1.7 US cents after trading 36 stock units. Sygnus Credit Investments rallied 0.34 of a cent in closing at 7.94 US cents with a transfer of 11,059 stocks, Sygnus Real Estate Finance USD share ended at 9 US cents and closed after 65 units were traded and Transjamaican Highway declined 0.09 of a cent to finish at 2.11 US cents with an exchange of 59,749 stocks.
In the preference segment, JMMB Group US8.5% preference share shed 0.85 of one cent and ended at US$1.19, with 6,000 units crossing the market, Productive Business Solutions 9.25% preference share dropped 85 cents to close at US$11.50 with investors dealing in 259 shares and Sygnus Credit Investments E8.5% lost 10 cents to end at US$10.60, with 120 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading jumped sharply on Monday over the miniscule amounts traded on Friday on the Jamaica Stock Exchange US dollar market, with the volume of stocks exchanged rising 1,470 percent after 223 percent more US dollars entered the market than on Friday, resulting in trading in 10 securities, compared to six on Friday with prices of one rising, seven declining and two ending unchanged.
The market closed with an exchange of 152,339 shares for US$5,545 compared to 9,705 units at US$1,717 on Friday.
Trading averaged 15,234 units at US$554 up from 1,618 shares at US$286 on Friday, with a month to date average of 32,963 shares at US$2,123 compared with 35,733 units at US$2,368 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index sank 0.73 points to conclude trading at 241.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.47 of a cent to end at 22.49 US cents after an exchange of 2,250 shares, First Rock Real Estate USD share declined 0.08 of a cent in closing at 4.02 US cents after 1,946 stocks passed through the market, MPC Caribbean Clean Energy fell 1 cent to 61 US cents with an exchange of 16 shares. Productive Business Solutions remained at US$1.59, with one stock unit crossing the market, Proven Investments dipped 0.18 of a cent to end at 13.73 US cents in swapping 3,455 shares, Sterling Investments lost 0.09 of a cent to close at 1.51 US cents with 301 stocks clearing the market. Sygnus Credit Investments slipped 0.27 of one cent to 7.6 US cents with investors swapping 7,851 units, Sygnus Real Estate Finance USD share ended at 9 US cents after a transfer of 540 stock units and Transjamaican Highway slipped 0.02 cent in closing at 2.2 US cents, with 135,904 shares changing hands.
In the preference segment, Sygnus Credit Investments E8.5% skidded 10 cents to finish at US$10.70 in an exchange of 75 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.