Investors exchanged 43 percent more stocks in the Jamaica Stock Exchange Main Market on Wednesday, valued slightly more than Tuesday, with trading in 55 securities, similar to Tuesday, and leading to prices of 26 stocks rising, 16 declining and 13 ending unchanged.
A total of 32,907,198 shares were traded for $46,037,711 compared to 23,052,827 units at $45,065,813 on Tuesday.
Trading averaged 598,313 units at $837,049 versus 419,142 shares at $819,378 on Tuesday and month to date, an average of 187,918 units at $1,331,594 compared to 162,977 units at $1,361,649 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 27.79 million shares for 84.5 percent of total volume, followed by Sagicor Select Financial Fund with 1.77 million units for 5.4 percent of the day’s trade and Transjamaican Highway with 1.09 million units for 3.3 percent market share.
The All Jamaican Composite Index advanced 555.68 points to 386,165.16, the JSE Main Index popped 104.88 points to settle at 340,093.16 and the JSE Financial Index rose 0.50 points to end at 81.73.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.1 on the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments dropped $3.43 to end at $86 after a transfer of 15,111 shares, Caribbean Cement rose $1.89 to close at $59.89 in an exchange of 6,533 stock units, Eppley shed $1.70 to end at $39 with the swapping of 170 units. Eppley Caribbean Property Fund rallied $1.89 to $49.89 in trading 57 stocks, GraceKennedy popped 50 cents to end at $79 with investors transferring 34,697 shares, Guardian Holdings climbed $9.90 in closing at $520 after 1,370 stocks crossed the market. Jamaica Broilers fell 94 cents to $30.05 with 14,612 units changing hands, Jamaica Producers rose 99 cents to close at $20.99, trading 11,016 stock units,
Jamaica Stock Exchange fell 76 cents to $13.72 after a transfer of 16,369 shares. Mayberry Investments advanced 74 cents to $8.81 in switching ownership of 504 units, NCB Financial rallied 99 cents to $79 in swapping 8,469 stock units, 138 Student Living gained 59 cents to finish at $4.90 trading 236 stocks. Palace Amusement climbed $100 to close at a 52 weeks’ high of $2,900 in transferring 832 stocks, PanJam Investment popped $2.20 to $57.20, with 250 units crossing the exchange, Proven Investments rose $1.48 in closing at $31.50 trading 1,539 stock units. Sagicor Group gained $1 to end at $52 with an exchange of 667 shares, Scotia Group popped 87 cents to $34.87 after an exchange of 32,403 units, Seprod rallied $1 to $68 with the swapping of 1,234 stock units.
Supreme Ventures gained 65 cents to close at $28 in trading 20,247 stocks and Sygnus Credit Investments rallied 44 cents in closing at $12.50 with 1,305 shares crossing the market.
In the preference segment, 138 Student Living preference share declined $4, ending at $65, with nine stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market plunged on Wednesday, with the volume and the value of stocks changing hands declining 93 percent from trading on Tuesday, resulting in eight securities traded, compared to 12 on Tuesday with two rising, three declining and three ending unchanged and resulting in the JSE US Denominated Equities Index dropping 14.24 points to close at 199.09.
Just 114,022 shares were traded for US$3,947 compared with 1,638,947 units at US$60,212 on Tuesday.
Trading averaged 14,253 shares at US$493 versus 136,579 shares at US$5,018 on Tuesday, with a month to date average of 43,578 shares at US$3,566 compared with 45,290 units at US$3,746 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three stocks with lower offers.
At the close, First Rock Real Estate USD share remained at 7 US cents after an exchange of 6,474 shares, Margaritaville dipped 2.18 cents in closing at 12.32 US cents in exchanging 304 stocks,
Productive Business Solutions fell 22.5 cents to US$1.275 after 406 stock units crossed the market. Proven Investments lost 0.89 of a cent to end at 19.11 US cents, with 10,000 units changing hands, Sterling Investments rallied 0.01 of a cent to 1.87 US cents after 4,722 stocks changed hands and Transjamaican Highway climbed 0.04 of a cent to close at 0.95 of one US cent after 92,103 units were traded.
In the preference segment, Productive Business 9.25% preference share ended at US$11 in switching ownership of 4 shares and JMMB Group 6% ended at US$1 after a transfer of 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume surges prices drop on JSE USD Market
Trading jumped on the Jamaica Stock Exchange US dollar market on Tuesday, with 905 percent more stocks changing hands, with the value rising 226 percent over Monday, resulting in the trading of 12 securities, compared to eight on Monday with no rising, eight declining and four ending unchanged.
Trading ended with an exchange of 1,638,947 shares for US$60,212 from 163,158 units at US$18,456 on Monday.
Trading averaged 136,579 units at US$5,018 versus 20,395 shares at US$2,307 on Monday, with a month to date average of 45,290 shares at US$3,746 compared with 36,527 units at US$3,624 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 3.71 points to end at 213.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.49 of a cent in ending at 7 US cents after an exchange of 34 shares, MPC Caribbean Clean Energy shed 5 cents in closing at 55 US cents, with 13 units crossing the market, Productive Business Solutions lost 5 cents to close at US$1.50 in an exchange of 3 stocks. Proven Investments dropped 0.94 of a cent to end at 20 US cents in trading 121,911 stock units, Sterling Investments declined 0.13 of a cent to 1.86 US cents with an exchange of 583 stock units, Sygnus Credit Investments J$ share dipped 1.28 cents to end at 12 US cents after a transfer of 822 shares.
Sygnus Credit Investments USD share remained at 9.5 US cents with the swapping of 284 units, Sygnus Real Estate Finance USD share ended at 9.5 US cents in switching ownership of 14,023 stocks and Transjamaican Highway lost 0.06 of a cent to end at 0.91 of one US cents after finishing trading of 1,481,029 shares.
In the preference segment, Productive Business 9.25% preference share remained at US$11 with investors transferring 86 stocks, Equityline Mortgage Investment preference share shed 3 cents to close at a 52 weeks’ low of US$1.64, with nine units crossing the market and JMMB Group 6% ended at US$1 in exchanging 20,150 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for the JSE USD market
Trading activity fell on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 72 percent valued 77 percent less than on Friday and resulted in eight securities traded, compared to seven on Friday, with three rising, two declining and three ending unchanged.
Overall, 163,158 shares were traded for US$18,456 compared with 590,378 units at US$81,708 on Friday.
Trading averaged 20,395 units at US$2,307, down from 84,340 shares at US$11,673 on Friday, with month to date average of 36,527 shares at US$3,624 compared with 37,630 units at US$3,714 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 1.20 points to end at 217.04.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.48 of a cent to 7.49 US cents after an exchange of 2,925 shares, Proven Investments increased 1.94 cents to 20.94 US cents in trading 46,134 units,
Sterling Investments remained at 1.99 US cents, with 3,500 stock units crossing the exchange. Sygnus Real Estate Finance USD share dropped 1.48 cents to end at 9.5 US cents, with 3,119 stocks being traded and Transjamaican Highway climbed 0.06 of a cent in closing at 0.97 US cents after a transfer of 102,490 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 in an exchange of 4 units, JMMB Group 5.75% fell 3 cents in closing at US$1.97 after 3,000 stocks were traded and JMMB Group 6% remained at US$1 as investors exchanged 1,986 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD stocks dip on increased volume
Trading activity jumped on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks changing hands rising 54 percent valued 241 percent more than on Thursday, resulting in the trading of seven securities, compared to eight on Thursday with three rising, four declining and no ending unchanged.
Overall, 590,378 shares were traded for US$81,708 compared with 384,296 units at US$23,978 on Thursday.
Trading averaged 84,340 units at US$11,673 versus 48,037 shares at US$2,997 on Thursday, with a month to date average of 37,630 shares at US$3,714 up from 34,657 units at US$3,207 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index dipped 0.89 points to end at 218.24.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share inched 0.01 of a cent higher to 7.01 US cents 20,150 shares crossing the exchange, Proven Investments shed 1 cent to close at 19 US cents in an exchange of 385,657 stock units, Sterling Investments rose 0.04 of a cent to 1.99 US cents after trading 500 units.
Sygnus Credit Investments USD share dropped 0.2 of a cent to 9.5 US cents with the swapping of 45,995 stocks, Sygnus Real Estate Finance USD share dipped 0.02 of a cent in closing at 10.98 US cents in an exchange of 73 shares and Transjamaican Highway fell 0.04 of a cent to 0.91 of one US cent in switching ownership of 138,000 stock units.
In the preference segment, Productive Business 9.25% preference share gained 45 cents in ending at US$11 with a transfer of just three stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE USD market
Prices fell on the Jamaica Stock Exchange US dollar market ended on Thursday and pulled the market index down sharply following a 12 percent decline in the volume of stocks changing hands as the value dropped 53 percent compared with Wednesday, resulting in eight securities trading, compared to five on Wednesday with one rising, four declining and three ending unchanged.
The JSE US Denominated Equities Index dropped 10.15 points to end at 219.13.
Overall, 384,296 shares were traded for US$23,978 down from 437,499 units at US$50,829 on Wednesday.
Trading averaged 48,037 shares at US$2,997 compared to 87,500 shares at US$10,166 on Wednesday, with a month to date average of 34,657 shares at US$3,207 compared with 33,608 units at US$3,224 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share shed 0.2 of a cent to close at 7 US cents while exchanging 283,417 shares, Productive Business Solutions dipped 14 cents to end at US$1.55 with a transfer of 229 stock units,
Proven Investments popped 0.95 of one cent in closing at 20 US cents after a transfer of 11,632 stocks. Sterling Investments ended at 1.95 US cents with 13,576 units crossing the exchange, Sygnus Credit Investments USD share slipped 0.3 of a cent to 9.7 US cents after a transfer of 3,026 stocks, Sygnus Real Estate Finance USD share ended at 11 US cents after exchanging 1,353 units and Transjamaican Highway declined 0.01 of a cent in closing at 0.95 of one US cent in an exchange of 71,000 stock units.
In the preference segment, JMMB Group 6% remained at US$1 with the swapping of 63 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 23,052,827 shares were traded for $45,065,813 up from 9,807,711 units at $34,195,444 on Monday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Jamaica Broilers advanced $1.99 to $30.99 in an exchange of 70,831 shares, Jamaica Stock Exchange gained 78 cents to settle at $14.48 after a transfer of 55,036 units. JMMB Group popped 40 cents to end at $34.40 with the swapping of 22,833 stocks, Kingston Wharves rallied 98 cents to end at $35.50 in switching ownership of 520 stock units, Massy Holdings advanced $1.42 to $80 in trading 1,106 shares. Mayberry Investments shed 79 cents to end at $8.07 after 714 stocks cleared the market, MPC Caribbean Clean Energy declined $5 in closing at $70 in transferring 580 shares, NCB Financial lost 59 cents to close at $78.01 in an exchange of 60,001 units. 138 Student Living dipped 59 cents to $4.31 as investors traded 312 stock units, Palace Amusement climbed $700 to a 52 weeks’ high of $2,800 with a transfer of 2,676 stocks, with shareholders voting at the annual general meeting held after trading closed to spill the stock 600 to one in late February, Sagicor Group advanced $2.49 to end at $51 in switching ownership of 21,332 shares.
Seprod lost 50 cents in closing at $67 after 3,356 units passed through the market, Sygnus Real Estate Finance fell $1.30 to close at $9.05 with the swapping of 9,400 stock units and Wisynco Group dipped 42 cents to close at $16.58 after exchanging 37,141 shares.
A total of 9,807,711 shares were traded for $34,195,444 compared to 9,464,712 units at $128,636,676 on Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings climbed $8 to close at $520 with a transfer of 170 units, JMMB Group lost 40 cents to end at $34 in exchanging 79,318 stock units. Massy Holdings fell $1.42 to close at $78.58 in trading 44,995 shares, Mayberry Jamaican Equities advanced $1.09 to $12.99 after swapping of 1,305 stocks, MPC Caribbean Clean Energy dropped $8 to $75 with investors transferring 1,124 stocks. Portland JSX rose $1.10 in ending at $11.50 after three shares passed through the market, Sagicor Group declined $1.99 to close at $48.51 trading 19,963 stock units, Seprod dipped $1.49 to $67.50 as investors exchanged 9,530 units and Sterling Investments shed 47 cents to $2.60 trading 26,099 stocks.
In the preference segment, JMMB Group 7% preference share gained 59 cents in closing at $2.84 transferring 31 shares.
A total of 9,464,712 shares were exchanged for $128,636,676 versus 12,878,672 units at just $32,824,074 on Thursday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
GraceKennedy shed $1.05 to finish at $79 with the swapping of 185,510 units, Jamaica Producers lost 89 cents to end at $20 after an exchange of 152,479 stock units, JMMB Group popped 51 cents to close at $34.40 as investors traded 63,698 shares. Kingston Wharves dipped 48 cents to $34.52 with 1,560 stocks changing hands, Mayberry Investments rose 87 cents to $8.87 with a transfer of 8,489 units, Mayberry Jamaican Equities dropped $1.10 to close at $11.90 in trading 35,760 stock units. NCB Financial shed $1.40 after ending at $78.60 in switching ownership of 132,060 shares, 138 Student Living rallied 65 cents to close at $4.97 after 190 stocks cleared the market, Palace Amusement traded 252 shares with a gain of 2 cents to close at a 52 weeks’ high of $2,100, PanJam Investment declined $3.09 in closing at $55.01 with the swapping of 16,506 units. Seprod advanced $1.54 to $68.99 after an exchange of 11,020 stock units,
Sygnus Credit Investments dipped 42 cents to end at $12.58 with 41,177 shares changing hands and Sygnus Real Estate Finance rose $1.35 to close at $10.35 in switching ownership of 4,253 stock units.
A total of 12,878,672 shares were traded for $32,824,074 compared with 3,798,109 units at $31,876,506 on Wednesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings dropped $8 to close at $512 after a transfer of 289 units, Jamaica Stock Exchange declined $1.38 after ending at $13.52 after 650 stocks changed hands, Kingston Properties gained 49 cents to close at $7.29 after a transfer of 1,774 stock units. Kingston Wharves lost 40 cents in closing at $35 in trading 284 stocks, NCB Financial popped $1.50 to $80 in swapping 25,551 shares, Palace Amusement jumped $249.98 to a 52 weeks’ high of $2,099.98 in exchanging 797 units. PanJam Investment dipped 90 cents in closing at $58.10 with 1,356 units changing hands, Proven Investments declined $2.38 to $30 with investors transferring 8,825 stocks, Sagicor Group lost 50 cents to end at $50.50 after trading 2,769 stock units. Scotia Group gained 75 cents to close at $34 after an exchange of 106,838 shares, Stanley Motta shed 60 cents to finish at $4.20 as investors transferred 14,070 units, Supreme Ventures lost 47 cents in ending at $27.50 with an exchange of 724 shares.
Sygnus Credit Investments declined 97 cents in closing at $13 trading 21,385 stock units and Wisynco Group shed 69 cents to end at $17 in clearing the market with 95,594 stocks.