Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 21 percent after 55 percent fewer US dollars entered the market compared to Wednesday, resulting in trading in eight securities, up from seven on Wednesday with prices of four rising, three declining and one ending unchanged.
The market closed with an exchange of 119,808 shares for US$30,732 compared to 152,413 units at US$68,498 on Wednesday.
Trading averaged 14,976 units at US$3,842 compared with 21,773 shares at US$9,785 on Wednesday, with a month to date average of 36,603 shares for US$4,564 compared with 38,316 stock units at US$4,621 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index advanced 2.97 points to conclude trading at 244.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. 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 one with a lower offer.
At the close, MPC Caribbean Clean Energy climbed 6.78 cents and ended at 60.78 US cents after exchanging 11 stock units, Proven Investments increased 0.5 of a cent to 13.5 US cents in swapping 21,883 shares, Sygnus Credit Investments dropped 0.01 of a cent to end at 8.98 US cents after 1,100 stocks were traded and Transjamaican Highway popping 0.03 cent in closing at 1.88 US cents with a transfer of 71,255 stocks.
In the preference segment, JMMB US8.5% preference share ended at US$1.03 after 25,456 shares passed through the market, JMMB Group 5.5% fell 1 cent to US$1.64 after an exchange of 52 stocks. JMMB Group 5.75% dipped 30 cents and ended at US$1.70, with 45 units crossing the market and Sygnus Credit Investments E 8.5% gained 21.2 cents in closing at a record US$12 after trading 6 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD Market
Trading jumps on the JSE USD Market
More than a quarter million dollars passed through the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged declining 51 percent after the value surged 1,550 percent more than on Friday, resulting in trading in seven securities, the same as on Friday with the price of three rising, two declining and two ending unchanged.
The market closed with trading in 317,598 shares for US$259,958 compared to 649,338 units at US$15,760 on Friday.
Trading averaged 45,371 units at US$37,137 versus 92,763 shares at US$2,251 on Friday, with a month to date average of 40,118 shares at US$4,417 compared with 39,670 units at US$1,624 on the previous day and December that ended with an average of 28,010 units for US$1,403.
The US Denominated Equities Index increased 3.41 points to close at 240.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share skidded 0.09 of a cent to end at 4.01 US cents after 8,899 units passed through the market, Proven Investments ended at 13 US cents after an exchange of 2,523 shares. Sygnus Credit Investments advanced 0.27 of one cent to close at 8.99 US cents, with 63,572 stock units changing hands and Transjamaican Highway fell 0.02 cent to 1.85 US cents clearing the market with 35,945 stocks.
In the preference segment, JMMB US8.5% preference share rose 3 US cents to US$1.03 in trading 206,359 stocks, Productive Business Solutions 9.25% preference share ended at US$11.50 while exchanging 100 units and Sygnus Credit Investments E 8.5% popped 25 US cents and ended at US$10.25 with investors trading 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady JSE USD Market trades
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 315 percent rise in the volume of stocks exchanged after 4 percent fewer dollars changed hands than on Thursday, resulting in trading in seven securities, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
The market closed with an exchange of 649,338 shares for US$15,760 compared to 156,654 units at US$16,462 on Thursday.
Trading averaged 92,763 units at US$2,251 versus 26,109 shares at US$2,744 on Thursday, with a month to date average of 39,670 shares at US$1,624 compared with 34,714 units at US$1,565 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index declined 3.74 points to close at 237.32.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD sharedipped 0.6 of one cent and ended at 4.1 US cents, with 2,744 stocks crossing the exchange, Margaritaville remained at 10 US cents in switching ownership of 179 units, Proven Investments ended trading of 4,364 shares at 13 US cents. Sterling Investments slipped 0.1 cent to end at 1.5 US cents, with 60,814 stock units crossing the market, Sygnus Credit Investments gained 1.02 cent in closing at 8.72 US cents with an exchange of 72,020 shares, Sygnus Real Estate Finance USD share popped 1.11 cents to 8.11 US cents with trading of 1,000 stocks and Transjamaican Highway rose 0.03 of a cent to close at 1.87 US cents after an exchange of 508,217 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.