Trading ended Thursday on the Jamaica Stock Exchange US dollar market, with the volume of stocks changing hands declining 79 percent valued 2 percent less than on Wednesday, resulting in trading in six securities, down from 10 on Wednesday with two rising, one declining and three unchanged.
Overall, 142,507 shares were traded for US$31,099 compared with 679,924 units at US$31,830 on Wednesday.
Trading averaged 23,751 units at US$5,183 compared with 67,992 shares at US$3,183 on Wednesday, with a month to date average of 37,077 shares at US$2,111 compared with 37,722 units at US$1,963 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index slipped 0.80 points to 206.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio is computed based on the last traded stock price 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 five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share ended at 4.4 US cents after investors traded 28,669 shares, Proven Investments fell 0.02 of a cent to 16 US cents with 102,214 stock units crossing the exchange, Sterling Investments ended at 1.68 US cents with an exchange of 6,285 stocks and Sygnus Real Estate Finance USD share popped 0.01 of a cent to close at 11.1 US cents, with 8 units changing hands.
In the preference segment, Productive Business 9.25% preference share remained at US$11.50 after 331 shares passed through the market and JMMB Group 5.75% gained 28.5 cents to close at US$1.90 with shareholders swapping 5,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading for JSE USD Market
JSE USD market plunges
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 110 percent valued 521 percent more than on Monday and resulting in 10 securities traded, compared to eight on Monday with none rising, nine declining and one ending unchanged and sending the US Denominated Equities Index down 19.40 points to 207.57.
Investors traded 679,924 shares for US$31,830, up from 323,887 units at US$5,124 on Monday.
Trading averaged 67,992 units at US$3,183, up from 40,486 shares at US$641 on Monday, with a month to date average of 37,722 shares at US$1,963 compared to 35,067 units at US$1,856 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
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 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 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 shed 0.78 of one cent to end at 4.4 US cents, with 56,186 shares changing hands, Margaritaville dipped 1.65 cents to 9.35 US cents after 20,000 units crossed the market, Productive Business Solutions lost 24.92 cents in closing at US$1.4508 with investors transferring 1,000 stocks.
Proven Investments dropped 0.88 of one cent and ended at 16.02 US cents as investors exchanged 60,149 shares, Sterling Investments declined 0.3 of a cent to 1.68 US cents after hitting a 52 weeks’ intraday low of 0.160 cents with shareholders swapping 26,907 shares, Sygnus Credit Investments fell 1.95 cents in closing at 11.03 US cents after investors exchanged 1,075 stocks and Transjamaican Highway declined 0.1 of a cent to close at 1.2 US cents with 509,141 stock units crossing the market.
In the preference segment, Productive Business 9.25% preference share dipped US$1.50 and ended at US$11.50 as 100 units passed through the market, JMMB Group 5.75% fell 18.5 cents to end at 52 weeks’ low of US$1.615 and closed with an exchange of 4,966 stock units and JMMB Group 6% remained at US$1.07 with 400 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inches higher
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the market index squeezing out a modest rise as the volume of stocks changing hands declined by 27 percent with a 55 percent lower value than on Friday, resulting in the trading of eightm securities, similar to Friday and ending with prices of three rising, three declining and two ending unchanged.
Some 323,887 shares were traded for US$5,124 compared to 441,233 units at US$11,332 on Friday.
Trading averaged 40,486 units at US$641 compared with 55,154 shares at US$1,417 on Friday, with a month to date average of 35,067 shares at US$1,856 compared to 34,658 units at US$1,947 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 0.34 points to close at 226.97.
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 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.02 of a cent to 5.18 US cents in an exchange of 3,739 shares, MPC Caribbean Clean Energy fell 3 cents in closing at 55 US cents, with 350 stocks changing hands, Proven Investments ended at 16.9 US cents after trading 2,512 stock units, Sygnus Credit Investments popped 1.48 cents ended at 12.98 US cents in an exchange of 116 units, Sygnus Real Estate Finance USD share increased 2.09 cents to end at 11.09 US cents with a transfer of one stock and Transjamaican Highway rose 0.1 of a cent to 1.3 US cents after a transfer of 316,635 shares.
In the preference segment, JMMB Group 5.75% lost 10 cents in ending at US$1.80 while exchanging 34 stock units and JMMB Group 6% ended at US$1.07 after 500 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inched higher
Trading declined sharply on the Jamaica Stock Exchange US dollar market on Thursday, with an 81 percent fall in the volume of stocks changing hands 73 percent decline in value compared with that on Wednesday, resulting in the trading of eight securities compared to six on Wednesday with two rising, three declining and three ending unchanged.
A total of 85,659 shares were traded for US$8,596 compared with 455,073 units at US$31,454 on Wednesday.
Trading on Thursday averaged 10,707 shares at US$1,075 versus 75,846 stocks at US$5,242 on Wednesday, with a month to date average of 32,985 shares at US$1,991 compared with 34,965 units at US$2,072 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index climbed 1.12 points to conclude trading at 237.50.
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 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 shed 0.69 of a cent to end at 5.2 US cents, with 8,600 shares changing hands,
Margaritaville slipped 1 cent to 10 US cents in trading 2,500 units, Proven Investments ended trading at 17 US cents after an exchange of 15,132 stocks, Sterling Investments popped 0.35 of a cent in closing at 1.98 US cents with an exchange of 19 stock units. Sygnus Credit Investments rose 1 cent to 11 US cents with 51,660 shares clearing the market, Sygnus Real Estate Finance USD share lost 0.9 of a cent to end at 11.1 US cents with shareholders swapping 5 stocks and Transjamaican Highway remained at 1.29 US cents after 7,696 stock units crossed the market.
In the preference segment, JMMB Group 5.75% ended at US$1.90 in trading 47 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading activity picked upon the Jamaica Stock Exchange US dollar market on Wednesday, with the 3,657 percent surge in the volume of stocks changing hands, with the value rising 1,611 percent over that on Tuesday, resulting in the trading of six securities, compared to five on Tuesday with none rising, three declining and three ending unchanged.
On Tuesday, 455,073 shares were exchanged for US$31,454, compared with 12,114 units at US$1,838. Trading averaged 75,846 shares at US$5,242 versus 2,423 units at US$368 on Tuesday, with a month to date average of 34,965 shares at US$2,072 up from 32,045 units at US$1,846 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index fell 3.55 points to conclude trading at 236.38.
The PE Ratio, a measure of computing appropriate stock values averages 9.1. The PE ratio is calculated based on the last traded stock price 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share fell 0.3 of a cent to 5.89 US cents after a transfer of 968 shares,
Proven Investments ended at 17 US cents after investors traded 22,700 units, Sygnus Credit Investments ended at 10 US cents after 400 stocks passed through the market and Transjamaican Highway shed 0.01 of a cent and ended at 1.29 US cents in trading 425,018 units.
In the preference segment, Productive Business 9.25% preference share dipped 15 cents to close at US$13 with an exchange of 987 stocks and JMMB Group 5.75% ended at US$1.90, with 5,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 17,951,966 shares for $68,245,213 versus 9,133,162 units at $33,363,180 on Monday.
The All Jamaican Composite Index jumped 3,546.34 points to end at 370,917.95, the JSE Main Index rallied 2,988.38 points to close at 335,171.56 and the JSE Financial Index rose 0.28 points to close at 75.83.
JMMB Group increased 40 cents to $30.40 with shareholders swapping 15,197 shares, Kingston Wharves dropped 47 cents to close at $30.53 with an exchange of 2,807 units, Margaritaville declined $1.94 and ended at $16.56 after an exchange of 2,662 units. Massy Holdings rose $1.95 to end at $99 in trading 34,134 stocks, Mayberry Investments climbed 60 cents to end at $8 after 633,344 shares crossed the market, Mayberry Jamaican Equities gained 60 cents to close at $11.09 in switching ownership of 396,917 stock units. NCB Financial gained 62 cents and ended at $72 after trading 34,859 stocks, Portland JSX lost $1.25 in closing at $9 in an exchange of 10,733 units, Proven Investments advanced 50 cents to close at $26 after a transfer of 3,157 shares. Seprod declined $2.90 to close at $68 with 92,279 stock units clearing the market, Stanley Motta rose 30 cents to $5.30 and closed with 2,083,270 stock units changing hands, Sterling Investments dropped 38 cents to $2.52 after investors exchanged 2,433 stocks. Sygnus Real Estate Finance rallied $1.53 in closing at $11.63, with 104 units crossing the market and Wisynco Group increased $1.10 to end at $18.50 as investors exchanged 252,155 shares.
Eppley 7.50% preference share climbed 60 cents to $7.52 with an exchange of 6,979 units, 138 Student Living preference share dipped $13.50 and ended at $106.67, with 16 stock units crossing the market and Productive Business Solutions 9.75% preference share fell $10.69 to close at $106.94 after a transfer of 34 stocks.
A total of 9,133,162 shares were traded for $33,363,500 compared to 9,818,276 units at $78,748,697 on Friday.
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 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.
JMMB Group declined 30 cents and ended at $30 after exchanging 62,193 units, Kingston Properties shed 50 cents to close at $6.70 with 16,917 stocks changing hands, Margaritaville dipped 49 cents to end at $18.50 after 50 units crossed the market, Massy Holdings declined $2.95 to close at $97.05 in switching ownership of 650 shares, 138 Student Living shed 77 cents to close at $4.90 after investors traded 19,872 stocks, Portland JSX lost $1.23 to end at $10.25 with a transfer of one stock unit, Proven Investments dropped 50 cents to $25.50 after an exchange of 12,700 stocks and Supreme Ventures climbed 50 cents to $27.50 with investors transferring 77,229 shares.
Jamaica Public Service 9.5% lost $21 to end at $2979 in trading 6 stock units, JMMB Group 7% preference share advanced 34 cents to $2.11 with 51 stocks crossing the exchange, JMMB Group 7.25% preference share fell 75 cents to $4.25 after 2,085 units crossed the market. 138 Student Living preference share dropped $5.33 to end at $120.17 with 55 shares clearing the market and Productive Business Solutions 9.75% preference share increased $10.69 in closing at $117.63 with shareholders trading just one stock.
In a moderate trading session, a total of 9,818,276 shares were traded for $78,748,697 up from 6,849,323 units at $56,037,409 on Thursday.
JSE Financial Index dipped 0.79 points to close at 74.44.
Guardian Holdings advanced $5 to end at $485 with investors transferring 795 shares. Jamaica Stock Exchange rose 78 cents to $13.84 with 1,000 units clearing the market, Kingston Wharves gained 48 cents and ended at $31 in an exchange of 2,510 stock units, Massy Holdings rallied $3 to close at $100, with 490,550 shares crossing the market. NCB Financial rallied $1.39 to close at $71.39 with an exchange of 23,568 units, Portland JSX climbed 48 cents in closing at $11.48, with 1,985 stocks crossing the market, Proven Investments shed 34 cents to $26 with an exchange of 10 units. Sagicor Group fell $1.24 to end at $49.50 in switching ownership of 50,000 shares, Scotia Group declined 30 cents and ended at $34.20 as investors exchanged 25,715 stocks, Seprod advanced 95 cents to $70.95, with 1,527 stock units changing hands and Sygnus Real Estate Finance declined $1.88 to $10.11 after an exchange of 5,300 stock units.
In the preference segment, Productive Business 10.50% preference share dropped $183.75 in closing at $1041.25 with a transfer of 450 stocks and Jamaica Public Service 7% shed $17.99 to end at $86.01 with shareholders swapping 2 shares.
Investors pulled in their wallets in trading on the Jamaica Stock Exchange Main Market on Thursday, resulting in a 42 percent fall in the volume of stocks traded, with the value 43 percent lower than on Wednesday, with trading activity in 54 securities compared to 50 on Wednesday, with 23 rising, 15 declining and 16 ending unchanged.
The All Jamaican Composite Index lost 2,663.44 points to close at 367,119.06, the JSE Main Index fell 2,392.04 points to 331,599.86 and the JSE Financial Index dipped 0.20 points to end trading at 75.23.
JMMB Group rallied 38 cents and ended at $30.38, with 35,912 stocks crossing the market, Kingston Wharves dropped $1.48 to $30.52 after an exchange of 1,000 shares, Massy Holdings fell $1 to $97, with 5,421 stocks changing hands. Mayberry Jamaican Equities popped 49 cents to end at $10.50 in an exchange of 1,125 units, MPC Caribbean Clean Energy dropped $12 in closing at $71 after investors traded 66 stock units, Pan Jamaica Group rose $3.59 to $54.09, with 42,788 stocks passing through the market. Proven Investments increased 84 cents to close at $26.34 as investors exchanged 21,359 shares, Sagicor Group advanced 74 cents to end at $50.74 after 4,916 stock units passed through the market, Scotia Group gained 50 cents to close at $34.50 with 505,530 units clearing the market and Seprod lost 98 cents in closing at $70 while exchanging 101,819 stocks.
In the preference segment, Jamaica Public Service 7% climbed $19 and ended at $104 with an exchange of 303 shares and 138 Student Living preference share gained 50 cents to close at $125.50 as investors exchanged 47 stock units.
A total of 11,799,520 shares were traded for $97,798,065 compared to 20,517,691 units at $136,987,002 on Tuesday.
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.
Jamaica Stock Exchange shed 77 cents to end at $13.06 with 92 units clearing the market, JMMB Group rose 40 cents in closing at $30 in an exchange of 411,656 stocks. Margaritaville gained $4.38 to close at $18.99 in switching owners of just one unit, Massy Holdings advanced 50 cents to end at $98 as 3,100 stocks passed through the market, Mayberry Jamaican Equities lost 49 cents to end at $10.01, with 44,300 stock units crossing the market, NCB Financial fell $1.40 and ended at $70 in trading 49,603 shares, Pan Jamaica Group dropped $3.50 in closing at $50.50 with investors transferring 12,712 units. Proven Investments declined 50 cents to close at $25.50, with 2,021 stock units crossing the exchange, Sagicor Group climbed $1.75 to $50 while exchanging 501,749 stocks,
Scotia Group lost $1 to end at $34 after trading 35,429 shares and Supreme Ventures dipped 52 cents in ending at $26.98 with an exchange of 60,375 units.