Trading activity on the Jamaica Stock Exchange Main Market ended on Friday with a 170 percent jump in the volume of stocks traded valued 54 percent more than on Thursday, following trading occurring in 58 securities compared to 54 on Thursday, with 13 rising, 27 declining and 18 ending unchanged.
A total of 24,040,809 shares changed hands amounting to $81,535,879 up from 8,887,886 units at $52,849,273 on Thursday.
Trading averaged 414,497 shares at $1,405,791 up from 164,590 shares at $978,690 on Thursday. Trading month to date, averaged 294,006 units at $1,199,867 compared to May with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 16.84 million shares for 70.1 percent of total volume followed by Wigton Windfarm with 4.06 million units for 16.9 percent of the day’s trade and Sagicor Select Financial Fund with 812,016 units for 3.4 percent market share.
The All Jamaican Composite Index lost 2,090.32 points to end at 370,718.04, the JSE Main Index dropped 2,685.82 points to 335,597.54 and the JSE Financial Index slipped 0.94 points to close at 75.25.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 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 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments declined $1.20 to close at $75, with an exchange of at 11,174 shares, Caribbean Cement gained $1.85 to close at $55.85, with investors trading 868 stock units, Eppley Caribbean Property Fund increased $2.60 in closing at $43 after a transfer of 267 units, Guardian Holdings dropped $3 and ended at $482, with 2,277 stocks crossing the market, Jamaica Producers shed 49 cents to end at $20 after 17,454 units passed through the market, Jamaica Stock Exchange rallied 95 cents in closing at $13 in trading 228 stock units,
JMMB Group advanced $1.24 to close at $29.99 in an exchange of 4,998 stocks, Key Insurance dipped 49 cents to $2.80, with 24,924 shares changing hands, Massy Holdings lost $4.50 to end at $100 after an exchange of 105,204 stock units, MPC Caribbean Clean Energy fell $1 to $70 in switching ownership of 6 shares, NCB Financial lost $1.39 in closing at $68.60 with shareholders swapping 124,916 units, 138 Student Living dipped 36 cents to close at $5.15 after an exchange of 4,229 stocks, Pan Jamaica Group declined $2.90 ended at $54.09 while 12,829 units were exchanged, Portland JSX shed 54 cents to close at $11 with a transfer of 1,603 shares, Sagicor Group climbed $2.25 to end at $50.50 with an exchange of 8,854 stock units and Stanley Motta popped 30 cents to $5.40, with 15,163 stocks crossing the market.
In the preference segment, Productive Business 10.50% preference share rose $25 to $1250 as investors exchanged 300 stocks, JMMB Group 7.25% preference share fell 64 cents to close at $3.61 in an exchange of 12,880 stock units and 138 Student Living preference share dropped $1.25 to end at $88 with 83 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
A 98 percent fall in stocks trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the market climbing above the close on Monday and resulted in the trading of six securities, down from eight on Monday and ended with prices of three rising, none declining and three ending unchanged.
Overall, 15,452 shares were traded for US$986 compared to 959,588 units at US$46,217 on Monday.
Trading averaged 2,575 shares at US$164 versus 119,949 units at US$5,777 on Monday, with a month to date average of 39,779 shares at US$2,243 compared with 41,318 units at US$2,329 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index popped 12.60 points to conclude trading at 212.29.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio is calculated based on the last traded price of each stock divided by projected earnings forecasts 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 one with a lower offer.
At the close,
First Rock Real Estate USD share popped 0.5 of a cent after closing at 5 US cents, with shareholders swapping 560 shares, Proven Investments ended at 16.9 US cents after a transfer of 2,325 stock units, Sterling Investments remained at 1.68 US cents, with 5,741 stocks crossing the market and Transjamaican Highway rose 0.29 of a cent to end at 1.29 US cents after closing with an exchange of 6,616 units.
In the preference segment, JMMB Group 5.75% ended at US$1.90 with 204 shares changing hands and JMMB Group 6% increased 13 cents to US$1.20 as investors exchanged just 6 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased trading hits JSEUSD Market
The Jamaica Stock Exchange US dollar Market had another chunk of the index chopped off on Monday, with the volume of stocks changing hands surging 354 percent and valued 172 percent more than on Friday, resulting in the trading of eight securities, compared to seven on Friday with two rising, three declining and three ending unchanged.
Investors traded 959,588 shares for US$46,217 compared with 211,505 units at US$16,972 on Friday.
Trading averaged 119,949 shares at US$5,777 versus 30,215 units at US$2,425 on Friday, with a month to date average of 41,318 shares at US$2,329 compared to 36,727 units at US$2,127 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index lost 10.51 points to end at 199.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts 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 one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.5 of a cent and ended at 4.5 US cents as 11,871 shares passed through the market, Margaritaville ended at 9.01 US cents while exchanging 570 units,
Proven Investments rose 0.9 of a cent to 16.9 US cents, with 233,554 stock units clearing the market, but only after trading at a 52 weeks’ intraday low of 13.6 cents. Sterling Investments ended at 1.68 US cents after trading 4,057 stocks, Sygnus Credit Investments popped 0.86 of one cent to 11.01 US cents, with 100 shares crossing the exchange, Sygnus Real Estate Finance USD share lost 0.1 of a cent in closing at 11 US cents after an exchange of 100 units and Transjamaican Highway dipped 0.3 cents to 1 US cent in trading 708,836 stocks.
In the preference segment, JMMB Group 6% ended at US$1.07 and with 500 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market inched higher on Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 48 percent but valued 45 percent less than on Thursday, resulting in a rise in the market index, following trading in seven securities, compared to six on Thursday with two rising, two declining and three ending unchanged.
A total of 211,505 shares were traded for US$16,972 compared to 142,507 units at US$31,099 on Thursday.
Trading averaged 30,215 units at US$2,425 compared with 23,751 shares at US$5,183 on Thursday, with a month to date average of 36,727 shares at US$2,127 compared with 37,077 units at US$2,111 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rose 3.83 points to close at 210.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio is computed based on the last traded price of each stock divided by projected earnings, forecasted by ICInsider.com for companies with their financial year ending between November 2023 and 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, First Rock Real Estate USD share added 0.6 of a cent to end at 5 US cents with
1,133 shares being traded, Margaritaville dipped 0.34 of a cent to 9.01 US cents after trading 1,430 stocks, Proven Investments ended at 16 US cents, with 95,323 stock units crossing the market. Sterling Investments ended at 1.68 US cents with an exchange of one unit, Sygnus Credit Investments dipped 0.88 of one cent to close at 10.15 US cents in exchanging 51 shares and Transjamaican Highway gained 0.1 of a cent to close at 1.3 US cents in switching ownership of 113,517 stock units.
In the preference segment, Eppley 6% preference share remained at US$1.40 while exchanging 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 8,887,886 shares were traded for $52,849,273 compared to 4,443,891 units at $149,369,888 on Wednesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 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 2023.
Massy Holdings climbed $1.50 to $104.50 with investors transferring 732 shares. Mayberry Investments rallied 47 cents to end at $8.50, with 102,411 units crossing the market, NCB Financial popped 49 cents to $69.99 as 148,709 stock units passed through the market, Sagicor Group dipped $3.74 and ended at $48.25 after investors ended trading of 39,116 stocks. Scotia Group advanced 60 cents to close at $34.85 while exchanging 323,426 shares, Seprod declined $6 to $70 with an exchange of 2,214 units, Supreme Ventures fell 99 cents to end at $26.90 with shareholders swapping 18,867 stock units and Sygnus Credit Investments rallied 30 cents to $12.90 with a transfer of 200 stocks.
In the preference segment, Jamaica Public Service 7% advanced $9.20 and ended at $78.50 after a transfer of 1,589 units and 138 Student Living preference share shed $15.75 to close at $89.25 with 106 stock units clearing the market.
A total of 24,443,891 shares were traded for $149,369,888 compared to 8,501,678 units at $53,413,585 on Tuesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 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 2023.
Margaritaville rose 99 cents to close at $18.41 with shareholders swapping 11 stocks, Massy Holdings dipped $1.50 and ended at $103 while exchanging 97,198 stock units. Mayberry Investments shed 97 cents to close at $8.03 after exchanging 14,614 shares, NCB Financial lost 50 cents in closing at $69.50 with investors trading 50,335 shares, Pan Jamaica Group climbed $5 to $57 with 634,963 stocks crossing the exchange, Portland JSX increased 84 cents to $11.54 after 44,836 stock units passed through the market, Sagicor Group gained $1.99 in closing at $51.99, with 212,000 units crossing the market, Seprod rallied $4 to $76 in an exchange of 167,248 units, Supreme Ventures advanced 42 cents to end at $27.89 with 24,083 shares clearing the market, Sygnus Credit Investments fell 39 cents to close at $12.60 with a transfer of 14,266 stocks and Wisynco Group climbed $1 to close at $19, with 401,684 stock units crossing the market.
In the preference segment, Productive Business 10.50% preference share popped $124 to $1225 in an exchange of 101 stocks and Jamaica Public Service 7% increased by $9.30 and ended at $69.30 with one stock unit changing hands.
A total of 8,501,678 shares were traded for $53,413,585 compared to 19,055,221 units at $86,952,533 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 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 2023.
Massy Holdings drifted 50 cents lower to close at $104.50 after trading 1,755 stocks, Mayberry Jamaican Equities increased 50 cents in closing at $11 after 38,300 stocks cleared the market, NCB Financial fell $2 to end at $70 with an exchange of 92,711 shares. 138 Student Living gained 74 cents to end at $5.50 with a transfer of 403 shares, Pan Jamaica Group rallied $1 and ended at $52 with an exchange of 37,191 stock units, Proven Investments climbed 56 cents to $26, with 1,063 stock units crossing the market. Seprod shed $3 in closing at $72 as investors exchanged 8,428 units, Sygnus Real Estate Finance gained 49 cents to end at $14.99 and closed with an exchange of 13,908 stock units and Wisynco Group declined $1 to close at $18 after 195,610 shares changed hands.
In the preference segment, Eppley 5% preference share dropped $2.90 and ended at $20 in an exchange of 49 stocks and Jamaica Public Service 7% declined $9 to close at $60 while exchanging 23 units.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 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 2023.
Massy Holdings advanced $5 to close at a 52 weeks’ high of $105, with 3,524 shares crossing the market, with the price still around 11 percent lower than in Trinidad. Mayberry Jamaican Equities fell 50 cents to $10.50 after a transfer of 171,230 shares, NCB Financial rose $2 and ended at $72 with investors transferring 50,904 units, 138 Student Living dipped 84 cents to close at $4.76 after trading 28,560 stocks, Pan Jamaica Group shed $2.99 to end at $51 with 2,058 stock units clearing the market. Portland JSX gained $1.45 to close at $10.70 in an exchange of 35 stocks, Proven Investments rose 34 cents to $25.44 with an exchange of 2,022 shares, Sagicor Group fell 49 cents in closing at $50.01, with 2,042 units changing hands, Seprod traded 61,632 shares at $75 after the price hit a 52 weeks’ intraday high of $79.80. Stanley Motta lost 44 cents to close at $5.20 after an exchange of 3,011,831 stock units, Sygnus Real Estate Finance rallied $1.50 to end at $14.50 after exchanging 2,734 shares and
Wisynco Group declined 50 cents to close at $19 with shareholders swapping 162,231 stocks.
A total of 14,037,627 shares were traded for $85,583,051, compared with 9,017,684 units at $47,750,582 on Thursday.
The All Jamaican Composite Index jumped 3,017.25 points to 372,672.30, the JSE Main Index climbed 2,660.04 points to 337,061.22 and the JSE Financial Index declined 0.18 points to end at 75.46.
Jamaica Stock Exchange rallied 32 cents to close at $13.10 after an exchange of 7,434 shares, Kingston Properties gained 60 cents to end at $7.85, with 226,071 stocks crossing the market, Margaritaville rose $1.85 in closing at $18.41 in an exchange of 57 stock units. Massy Holdings rallied $1 to end at $100 with 3,911 stocks changing hands, NCB Financial lost $1 in ending at $70 in an exchange of 30,290 shares, Proven Investments dropped 90 cents to close at $25.10 after 1,474 units changed hands, Seprod gained $5 in closing at $75 as investors exchanged 70,414 stock units. Stanley Motta rose 57 cents to end at $5.64 and closed with 2,001,753 units being traded, Supreme Ventures advanced 40 cents to $27.40 as 17,842 shares crossed the market, Sygnus Real Estate Finance climbed $1.37 in closing at $13 after a transfer of 7,507 stocks and Wisynco Group increased $1.02 ended at $19.50 after an exchange of 229,985 stocks.
In the preference segment, Jamaica Public Service 9.5% popped $21 to close at $3000 in trading 16 shares, JMMB Group 7% preference share rallied 32 cents to $2.48 with investors transferring 100 stock units and JMMB Group 7.25% due 2024 preference share shed 40 cents to end at $1.50 after shareholders ended trading 8,916 units.
At the close of trading, 9,017,684 shares valued at $47,750,582 were exchanged, down from 17,951,966 shares at $68,245,213 Wednesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Key Insurance dipped 50 cents to $3.15 with shareholders swapping 255 shares, Kingston Properties popped 34 cents to close at $7.25 after a transfer of 1,229 stock units, Kingston Wharves gained 47 cents to end at $31 with 2,492 units being traded. Mayberry Investments rallied $1 to $9, with an exchange of 36,025 stocks, NCB Financial lost $1 to close at $71 as investors traded 94,523 shares, 138 Student Living popped 70 cents to $5.60, with 500 stock units crossing the exchange, Sagicor Group rallied 99 cents in closing at $50.49 following the trading of 111,688 units. Scotia Group advanced 50 cents to end at $34.50 and closed with an exchange of 16,948 stocks, Seprod climbed $2 in closing at $70 after trading 2,925 stocks and Supreme Ventures dropped 54 cents and ended at $27 with investors transferring 22,109 shares.
In the preference segment, Eppley 5% preference share gained $1.91 to close at $22.90, with 11 units clearing the market, Jamaica Public Service 7% dropped $19 to $60 after 11 stock units passed through the market and 138 Student Living preference share fell $1.67 to close at $105 with an exchange of 55 shares.