Trading on the US dollar market of the Jamaica Stock Exchange ended on Tuesday, with the volume of stocks changing hands just rising above that on Monday with a 35 percent lower value and resulted in seven securities being traded, compared to six on Monday with one rising, one declining and five ending unchanged.
Overall, 195,527 shares were traded for US$19,530 compared to 193,702 units at US$30,250 on Monday.
Trading on Tuesday averaged 27,932 shares at US$2,790 compared to 32,284 units at US$5,042 on Monday, with a month to date average of 24,174 shares at US$2,992 compared with 22,150 units at US$3,100 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index skidded 2.20 points to 243.26.
PE Ratios are tools used in computing appropriate stock values, with an average of 8.8 for the JSE USD Market. The PE ratios for the market are 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 three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 42,000 shares crossing the market,
MPC Caribbean Clean Energy ended at 54 US cents with 901 stocks changing hands, Proven Investments ended at 14.5 US cents after 107,839 shares were traded, Sterling Investments ended at 1.9 US cents in trading 1,048 units. Sygnus Credit Investments rose 0.78 of one cent to close at 9.98 US cents with stakeholders trading 11,950 units, Sygnus Real Estate Finance USD share remained at 10 US cents with 199 shares changing hands and Transjamaican Highway fell 0.05 of a cent to end at 1.69 US cents, with 31,590 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fallen JSE USD Market
Trading surges on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday and the month, with a 267 percent surge in the volume of stocks changing hands following a 165 percent rise in the value over trading on Wednesday, resulting in the trading of eight securities up from seven on Wednesday, with five rising, one declining and two ending unchanged.
A total of 500,869 shares were traded for US$62,995 compared to 136,351 units at US$23,735 on Wednesday.
Trading averaged 62,609 shares for US$7,874 compared with 19,479 units at US$3,391 on Wednesday, with a month to date average of 57,291 stocks at US$4,251 compared with 56,990 units at US$4,045 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 1.37 points to 239.83.
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 three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, First Rock Real Estate USD share ended at 4 US cents with a transfer of 76,276 shares, Margaritaville rose 0.01 of a cent to 11.5 US cents after closing with 4,671 units changing hands, MPC Caribbean Clean Energy climbed 11.74 cents to 64.75 US cents after swapping 200 stocks.
Sterling Investments dipped 0.04 of a cent to 1.94 US cents in trading 241,000 stocks, Sygnus Credit Investments ended at 10.23 US cents with investors dealing in 192 shares and Transjamaican Highway popped 0.04 of a cent in closing at 1.74 US cents after an exchange of 151,153 stock units.
In the preference segment, JMMB Group 5.75% gained 10 cents to close at US$1.90, with investors transferring 27,360 units and JMMB Group 6% popped 8 cents and ended at US$1.08 as investors exchanged 17 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading fell on the Jamaica Stock Exchange US dollar market on Wednesday, with a 77 percent fall in the volume of stocks changing hands, valued 63 percent less than on Tuesday and resulting in trading of seven securities, the same number as Tuesday and ended, with four rising and three ending unchanged.
A total of 136,351 shares were exchanged for US$23,735 compared with 593,068 units at US$64,296 on Tuesday.
Trading averaged 19,479 shares at US$3,391 versus 84,724 units at US$9,185 on Tuesday, with a month to date average of 56,990 shares at US$4,045 compared with 58,949 units at US$4,079 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 3.33 points to finish at 238.46.
PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated 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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 12,795 shares crossing the exchange, MPC Caribbean Clean Energy popped 0.01 of a cent to 53.01 US cents after trading 194 units, Proven
Investments gained 0.45 of one cent and ended at 15 US cents in an exchange of 70,006 stock units. Sygnus Credit Investments climbed 1.13 cents to end at 10.23 US cents with 21,557 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10 US cents with shareholders swapping 48 units and Transjamaican Highway rose 0.09 of a cent and ended at 1.7 US cents, with 21,369 stock units crossing the market.
In the preference segment, JMMB Group 6% ended at US$1, with traders dealing in 10,382 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the JSE USD Market
Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 708 percent jump in the volume of stocks changing hands rising, valued just slightly more than on Friday,
and resulting in the trading of three securities, compared to four on Friday with none rising, two declining and one ending unchanged.
Investors traded a total of 884,498 shares with a value of US$16,456 compared to 109,502 units at US$16,272 on Friday.
Trading averaged 294,833 shares at US$5,485 compared with 27,376 units at US$4,068 on Friday, with a month to date average of 57,529 shares at US$3,798 compared with 51,787 units at US$3,757 on the previous trading day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 4.11 points to end at 234.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 two with lower offers.
At the close, Proven Investments lost 0.15 of a cent and ended at 14.65 US cents with shareholders exchanging 2,000 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.69 US cents after an exchange of 880,507 units.
In the preference segment, JMMB Group 6% remained at US$1 after 1,991 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 5,484,765 shares were traded for $44,129,207 down from 9,259,098 units at $50,664,788 on Friday.
The PE Ratio, a formula used in computing appropriate stock values, averages 12.4 for the Main Market’s 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.
Kingston Properties dropped 48 cents to close at $7 while 13,000 units. were trading, Kingston Wharves shed 99 cents to close at $29 with traders dealing in 3,549 shares, Margaritaville advanced $1.95 to $16 after exchanging 174 stock units, Massy Holdings gained $3.50 to end at $104.50 in an exchange of 19,430 stocks. NCB Financial fell $1.96 and ended at $71 with 96,898 shares, changing hands Pan Jamaica dipped $1.01 and ended at $48, with 6,123 stock units crossing the exchange and Sagicor Group dropped $4.49 to close at $45 in switching ownership of 2,805 units.
In the preference segment, Eppley 7.50% preference share declined 47 cents in closing at $5.53 with shareholders swapping 59,061 units and Jamaica Public Service 9.5% surged $189.99 to $2990 in an exchange of 9 stock units.
A total of 9,259,098 shares were traded for $50,664,788 versus 18,676,905 units at $323,528,081 on Thursday.
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.
JMMB Group fell 44 cents to $27.40 with 6,068 shares changing hands. Margaritaville dipped $2.30 to end at $14.05 in an exchange of 49 stocks, Massy Holdings advanced 90 cents to $101 with stakeholders exchanging 99 shares, MPC Caribbean Clean Energy skidded $12.30 to close at $69.70 with investors transferring 18 stocks. NCB Financial shed 44 cents and ended at $72.96, with 7,926 shares crossing the market, Portland JSX fell $1 to close at a 52 weeks’ low of $8, with shareholders swapping 244 stock units, Sagicor Group dropped 51 cents and ended at $49.49 with investors dealing in 165,076 units. Sagicor Real Estate Fund gained 35 cents to end at $8.50 in switching ownership of 20 units and Seprod declined $1.62 in closing at $73.37 after exchanging 5,882 shares.
In the preference segment, Eppley 7.50%preference share rose 48 cents to $6 with an exchange of 116 stocks.
A total of 18,676,905 shares were traded at $323,528,081 compared to 8,932,182 units at $64,616,360 on Wednesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
MPC Caribbean Clean Energy advanced $9.50 and ended at $82 as investors exchanged 6 stock units, NCB Financial gained 40 cents to end at $73.40 with investors swapping 116,996 shares, Pan Jamaica rose $2.02 to close at $49.01 after 27,867 stocks were traded, Portland JSX declined $1 and ended at $9 trading 1,756 stock units, Proven Investments advanced 35 cents to close at $22.45 in trading 1,598 units, Sagicor Group increased $5.92 in closing at $50 after investors swapped 3,275,234 stock units, Sagicor Real Estate Fund dropped 35 cents to $8.15 after 10,408 shares passed through the market, Scotia Group climbed 83 cents to end at $33.84 with investors dealing in 704,129 units, Seprod rallied $4.99 in closing at $74.99 with investors transferring 435,817 stocks, Supreme Ventures skidded 49 cents to end at $27.50, with 361,791 units changing hands.
In the preference segment, Eppley 7.50% preference share fell 48 cents to close at $5.52 after an exchange of 13,126 stock units and Jamaica Public Service 7% popped $6.02 and ended at $52.82 in an exchange of 93 stocks.
Trading resulted in an exchange for 8,932,182 shares for $64,616,360, down from 17,477,049 units at $200,353,274 on Tuesday.
The PE Ratio, the most common formula used in valuing stocks, averages 12.8 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.
JMMB Group dropped 54 cents to close at $27.15 after an exchange of 22,349 stocks, Kingston Properties increased 40 cents in closing at $7.30 with investors dealing in 68 stock units, Massy Holdings climbed 90 cents to $101 with stakeholders exchanging 1,772 shares, MPC Caribbean Clean Energy gained $2.80 and ended at $72.50 after a transfer of 194 units. Seprod rallied $5 to close at $70 with a transfer of 146,479 units, Supreme Ventures gained 44 cents in closing at $27.99, with 9,896 shares changing hands, Sygnus Credit Investments shed 50 cents to land at $11.47 in an exchange of 67,753 stocks and Wisynco Group climbed $1.15 in closing at $18, with 81,066 stock units crossing the exchange before reporting full year profit results after the market closed, of $4.9 billion, up 21 percent over earnings for 2022 and resulting in earnings of $1.31 per share.
Jamaica Public Service 7% fell $12.06 to $46.80, with 358 stock units clearing the market and Productive Business Solutions 9.75% preference share advanced 50 cents to end at $100 in an exchange of 47 stocks.
A total of 17,477,049 shares were traded for $200,353,274 compared to 4,844,640 units at $59,990,583 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecast by ICInsider.com for companies with the financial year ending up to August 2024.
Margaritaville climbed $2.32 to close at $16.35 in switching ownership of 2 stocks, NCB Financial jumped $1.54 and ended at $72.98, with 54,335 shares crossing the market, Pan Jamaica fell 81 cents to close at $46.99 after 2,889 stock units passed through the market. Scotia Group fell 85 cents to end at $33, with 60,007 stocks changing hands, Seprod shed $3 to close at $65 after an exchange of 1,943 shares, Supreme Ventures skidded 44 cents to $27.55 in an exchange of 8,926 units and Sygnus Credit Investments gained 47 cents and ended at $11.97 in trading 33,270 shares.
JMMB Group 7.25% preference share increased 59 cents and ended at $1.84 with traders dealing in 10 stocks and Productive Business Solutions 9.75% preference share skidded 50 cents to $99.50 with investors trading 26 stocks.
traded following a modest increase in value over Friday and closed with two stocks ending at 52 weeks’ lows.
The All Jamaican Composite Index skidded 3,967.05 points to 349,449.87, the JSE Main Index dropped 3,340.09 points to finish at 316,989.72 and the JSE Financial Index
Jamaica Stock Exchange shed $1.24 to close at a 52 weeks’ low of $8.53, with 14,677 stock units crossing the market, after trading at a 52 weeks’ intraday low of $8.25. JMMB Group dipped 95 cents to end at $27.84 with 284,271 units clearing the market, Kingston Properties climbed 35 cents to $7.35 after 7 stocks passed through the market, Massy Holdings skidded 90 cents to $100.10 with an exchange of 5,230 stock units. NCB Financial dropped $2.56 in closing at $71.44 after an exchange of 18,829 stocks, Sagicor Group fell $2.40 to close at $44.09 in switching ownership of 16,798 units, Scotia Group popped 85 cents and ended at $33.85 while exchanging 10,411 shares. Sygnus Credit Investments declined 47 cents in closing at $11.50 after trading in 4,927 stocks and Wisynco Group dipped $1.04 to end at $16.91, with 62,100 shares crossing the market.
In the preference segment, Eppley 7.50% preference share increased 49 cents to $6 with investors transferring 66 stock units, JMMBGL 7.25% preference share traded 612 units at a 52 weeks’ low of $1.25, after declining 20 cents and Productive Business Solutions 10.5 % preference share rallied $98 to close at $1,100 as investors exchanged 40 units.