Barita Investments was the most prominent trade on Thursday, with 21.49 million shares for 59.1 percent of total volume as trading closed out the half year. The Jamaica Stock Exchange Main Market was constrained within a narrow consolidation range it has been in for several months.
The volume of stocks trading on Thursday rose 117 percent with 590 percent greater value than on Wednesday, with an exchange of 36,352,680 shares with a value of $2,054,073,702, up from 16,776,950 units at $297,498,943 on Wednesday. Trading averages 660,958 units at $37,346,795, up from 310,684 shares at $5,509,240 on Wednesday and month to date, an average of 281,913 units at $5,309,050, compared to 263,593 units at $3,760,655 onthe previous trading day. May closed with an average of 238,645 units at $3,561,016.
Pulse Investments traded the second highest volume with 4.49 million units for 12.3 percent of the day’s trade and Ciboney Group 3.25 million units for 8.9 percent market share.
The All Jamaican Composite Index climbed 1,350.07 points to 440,236.22, the JSE Main Index rose 1,152.41 points to 384,185.82 and the JSE Financial Index declined 0.03 points to settle at 91.40 as trading ended with 55 securities compared to 54 on Wednesday, with 25 rising, 19 declining and 11 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Barita Investments popped $1.02 to $88.02 in exchanging 21,487,543 shares, Berger Paints declined 75 cents in ending at $11.50 while exchanging 1,300 stock units, Caribbean Cement rose $3.40 in closing at $67 after trading 223,055 units. Eppley Caribbean Property Fund advanced $3.04 to end at $47 in an exchange of 60,745 stocks, First Rock Capital increased 73 cents to close at $13.30 in switching ownership of 79,859 units, GraceKennedy gained $1 to end at $103, with 416,560 stocks crossing the exchange. Guardian Holdings fell $20.98 in closing at $503 with the swapping of 51 stock units, Jamaica Broilers rallied 97 cents to close at $28, with 228,065 shares crossing the market, Jamaica Producers climbed $1 to $22, with 19,825 stocks changing hands. Jamaica Stock Exchange rallied 50 cents to $20 after 15,667 shares crossed the market, Kingston Properties increased 95 cents to close at $8.95, trading 140,927 units, Kingston Wharves popped $1 to $39.50 after exchanging 18,966 stock units. Massy Holdings dropped 30 cents in ending at $91.70 after exchanging 1,693 stocks, Mayberry Investments shed 40 cents in closing at $10 in trading 230,013 shares, NCB Financial slipped $1 to $101 with 36,536 stock units clearing the market. PanJam Investment lost $1 to end at $65 with an exchange of 19,380 units, Proven Investments shed $1.48 to close at $36.02 after 29,816 stocks changed hands, Pulse Investments gained 54 cents to close at $4.42 after exchanging 4,485,406 stock units.
Sagicor Group fell 50 cents in closing at $55.49 in an exchange of 90,240 shares, Salada Foods advanced 30 cents in ending at $5.80 after just two units traded, Scotia Group declined $1.64 in closing at $36.05 with an exchange of 89,692 shares. Seprod rose 70 cents to end at $71.95 with the swapping of 65,213 stocks, Stanley Motta climbed 50 cents to $5.50, with 42,111 units crossing the market, Supreme Ventures increased 71 cents to $30.70 in an exchange of 236,568 stock units and Sygnus Real Estate Finance dropped $3.75 to close at a 52 weeks’ low of $11.25, with 10,000 shares crossing the market.
In the preference segment, Jamaica Public Service 9.5% gained $200 to close at $3000 after an exchange of a mere three units and 138 Student Living preference share climbed $1.76 to $19.40 in trading 15 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Consolidating JSEUSD market
Trading ended on the Jamaica Stock Exchange US dollar market Wednesday, with an exchange of 61 percent fewer shares with a 44 percent fall in value from Tuesday, resulting in five securities changing hands, compared to seven on Tuesday with none rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index lost 1.14 points to end at 217.56.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Overall, 227,317 shares traded for US$42,677 versus 578,306 units at US$75,902 on Tuesday. Trading averaged 45,46 units at US$8,535, compared to 82,615 shares at US$10,843 on Tuesday, with month to date average of 73,102 shares at US$8,820 versus 74,062 units at US$8,830 on the previous day. Tuesday. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two stocks ended with higher bids than the last selling prices and two with lower offers.
At the close of the market, First Rock Capital USD share declined 0.37 of a cent to end at 7.05 US cents, with 1,000 shares crossing the exchange, Proven Investments remained at 26 US cents while exchanging 154,687 stock units, Sygnus Credit Investments USD share ended unchanged at 12.5 US cents with the swapping of 15,074 units and Transjamaican Highway fell 0.05 of a cent to 0.95 US of one cent, with 56,546 stock units changing hands
In the preference segment, JMMB Group 6% finished at US$1.05 with investors clearing the market of 10 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bounce for JSE USD trading
A huge 667 percent rise in the value of stocks traded after the volume rose just 17 percent over Monday was the outstanding feature of trading on the Jamaica Stock Exchange US dollar market on Tuesday.
Seven securities traded, compared to nine on Monday, with three rising, three declining and one ending unchanged. At the close of market activities, the JSE US Denominated Equities Index gained 0.71 points to end at 218.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 578,306 shares were traded for US$75,902 compared to 492,558 units at US$9,897 on Monday.
Trading averaged 82,615 units at US$10,843, compared to 54,729 shares at US$1,100 on Monday, with a month to date average of 74,062 shares at US$8,830 versus 73,625 units at US$8,727 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share dropped 0.08 of a cent to end at 7.42 US cents in an exchange of 7,785 shares, Proven Investments climbed 0.99 of one cent in closing at 26 US cents after 100,112 units changed hands,
Sterling Investments gained 0.12 of a cent to close at 2.12 US cents trading 10,000 stocks. Sygnus Credit Investments USD share lost 0.4 of one cent in ending at 12.5 US cents after 367,647 stock units were traded, Sygnus Real Estate Finance USD share declined 1.5 cents to a 52 weeks’ low of 10 US cents with the swapping of 4,000 units and Transjamaican Highway increased 0.01 of a cent to 1 US cent while exchanging 88,718 stocks.
In the preference segment, JMMB Group 5.75% remained at US$2.25 after exchanging 44 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
Trading ended on Monday, with the volume of stocks traded rising 572 percent and the value 38 percent lower than on Friday on the Jamaica Stock Exchange US dollar market, resulting in more stocks declining than increasing at the close.
Nine securities traded, compared to six on Friday, with one rising, three declining and five ending unchanged.
Overall, 492,558 shares traded for US$9,897 versus 73,292 units at US$15,839 on Friday. Trading averaged 54,729 units at US$1,100, versus 12,215 shares at US$2,640 on Friday, with the month to date average of 73,625 shares at US$8,727 versus 74,953 units at US$9,263 on the previous day. May ended with an average of 47,916 units for US$3,528.
The JSE US Denominated Equities Index lost 1.68.points to end at 217.99. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with the bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.05 cents to close at 7.5 US cents in switching ownership of 26,358 shares,
Margaritaville remained at 14.99 US cents while exchanging 622 units, Proven Investments lost 0.99 of one cent to close at 25.01 US cents, with 6,452 stock units clearing the market. Sterling Investments shed 0.07 of a cent after ending at 2 US cents and trading 1,100 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to end at 12.9 US cents in an exchange of 751 stocks, Sygnus Real Estate Finance USD share finished at 11.5 US cents in trading 8,454 shares and Transjamaican Highway ended at 0.99 US cents in exchanging 448,500 stock units.
In the preference segment, Equityline Mortgage Investments preference share remained at US$1.70 with 57 units crossing the market and JMMB Group 5.75% finished at US$2.25 after exchanging 264 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market record gains
Trading on Friday closed with the volume of stocks, traded dropping 69 percent from Thursday even as the value surged 104 percent higher, at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading, versus seven on Thursday with three rising, two declining and one ending unchanged.
Overall, 73,292 shares traded for US$15,839 compared to 234,994 units at US$7,758 on Thursday. Trading averaged 12,215 units at US$2,640, versus 33,571 shares at US$1,108 on Thursday, with a month to date average of 74,953 shares for US$9,263 versus 78,039 units at US$9,589 on the previous day. May averaged 47,916 units for US$3,528.
The JSE US Denominated Equities Index gained 3.77 points to end at 219.67. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share dropped 0.04 of one cent to 7.45 US cents trading 265 shares,
Proven Investments gained 0.96 of a cent to close at 26 US cents in an exchange of 58,664 stocks, Sygnus Credit Investments USD share shed 0.03 of a cent in closing at 12.91 US cents after exchanging 784 units. Sygnus Real Estate Finance USD share finished at 11.5 US cents, with 900 stock units crossing the market and Transjamaican Highway rose 0.06 of a cent to close at 0.99 of one US cent in trading 12,440 stock units.
In the preference segment, JMMB Group 6% popped 4 cents to close at US$1.05 after the trading of 239 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with 54 securities compared to 56 on Tuesday, with 24 rising, 15 declining and 15 ending unchanged.
At the close, Barita Investments increased 46 cents in closing at $87 after trading 1,417,306 shares, Caribbean Cement declined 40 cents to $63.60, crossing the market 3,962 stocks, Eppley climbed $6.50 to $45 and finished trading 980 units. First Rock Capital popped 82 cents in, ending at $12.57, with 18,200 stock units changing hands, GraceKennedy lost $2 to close at $102 in an exchange of 275,338 stock units, Guardian Holdings rallied $22.98 in closing at $523.98 after exchanging 65 stocks. Jamaica Stock Exchange advanced $1.01 to close at $19.50 and closing with an exchange of 10 shares, NCB Financial shed $1.50 to $102 in trading 77,614 units, PanJam Investment rose 99 cents in ending at $66 with 123,286 shares crossing the exchange. Proven Investments gained $1 to end at $37.50 while exchanging 12,419 stocks, Pulse Investments climbed 38 cents to $3.88 in switching ownership of 1,116,423 units, Sagicor Group rallied 99 cents in closing at $55.99, trading 34,169 stock units.
Supreme Ventures fell 75 cents to close at $29.99 with 103,993 shares changing hands and Sygnus Credit Investments popped 70 cents in, ending at $15, with 331,231 units clearing the market.
Overall, 9,556,775 shares were exchanged for $186,056,204 versus 13,814,659 units at $73,312,672 on Monday. Trading averages 170,657 units at $3,322,432, compared to 260,654 shares at $1,383,258 on Monday and month to date, an average of 261,247 units at $3,673,549, compared to 266,182 units at $3,692,676 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
At the close, Berger Paints increased 80 cents in closing at $12, with 930 shares changing hands, Caribbean Cement fell $1 to $64 and closed after trading 56,189 units, Carreras rose 48 cents to $9.98, with 88,008 stock units changing hands. Eppley shed $5.50 to close at $38.50 trading 2,338 stocks, GraceKennedy lost 99 cents to end at $104 in trading 4,907 stock units, Guardian Holdings dropped $3 to end at $501 in switching ownership of 3,563 units. JMMB Group rallied 50 cents in ending at $42 while exchanging 238,705 shares, Margaritaville declined $1.77 in closing at $16.50, with an exchange of 270 stocks, Mayberry Jamaican Equities shed 41 cents to close at $12.99 after trading 43,396 stocks. MPC Caribbean Clean Energy gained $10.50 to close at $106.50, with 482 shares crossing the market, NCB Financial popped $1.50 to $103.50 with the swapping of 14,369 stock units, 138 Student Living advanced 31 cents to end at $5.10 with an exchange of 622 units. Palace Amusement fell $85.99, in ending at $900, with 38 shares clearing the market, Proven Investments dropped $1.45 to close at $36.50 after exchanging 4,114 units, Sagicor Group declined 90 cents in closing at $55 with an exchange of 16,581 stocks.
Scotia Group climbed $1.79 to $37.79 with 2,215 stock units changing hands, Stanley Motta lost 49 cents to end at $5 in exchanging 42,770 shares, Sygnus Credit Investments declined 65 cents to close at $14.30 in an exchange of 18,158 stock units and Sygnus Real Estate Finance climbed $1 in ending at $15 , with an exchange of 300 units.
At the close, 13,814,659 shares were traded for $73,312,672 versus 16,870,075 units at $147,178,606 on Friday. Trading averaged 260,654 units at $1,383,258, compared to 306,729 shares at $2,675,975 on Friday and month to date, an average of 266,182 units at $3,692,676, compared to 266,483 units at $3,818,213 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
At the close, Berger Paints lost 98 cents to end at $11.20 after exchanging 7,001 shares, Caribbean Cement dropped $1.85 to $65 with an exchange of 90,431 stocks, Carreras declined 33 cents to $9.50 with 73,731 units changing hands. Eppley gained $3 to $44 in switching ownership of 2,000 stock units, GraceKennedy rallied $1.46 to $104.99 in an exchange of 73,715 stock units, Guardian Holdings climbed $3 to end at $504 after 307 shares crossed the market. Jamaica Stock Exchange rose 77 cents to close at $18.27 while exchanging 3,592 units, JMMB Group fell 50 cents to $41.50 after exchanging 160,223 stocks, Kingston Wharves shed 54 cents in closing at $38.46, trading 3,302 shares. Margaritaville dropped $3.23 in ending at $18.27 after an exchange of 50 stocks, Mayberry Investments shed 72 cents to close at $10.24, with 69,055 stock units changing hands, NCB Financial declined $1 to end at $102 with the swapping of 19,227 units.
Proven Investments advanced 37 cents in closing at $37.95 in trading 11,734 units, Sagicor Group popped 90 cents to $55.90, with 140,160 stocks crossing the exchange and Scotia Group fell $1.31 in ending at $36 after exchanging 244,968 stock units.
Overall, 16,870,075 shares were traded for $147,178,606 versus 16,705,305 units at $146,234,623 on Thursday. Trading averages 306,729 units at $2,675,975, compared to 327,555 shares at $2,867,346 on Thursday and month to date, an average of 266,483 units at $3,818,210, compared to 264,077 units at $3,886,496 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
At the close, Barita Investments lost 31 cents in ending at $86.50 after exchanging 20,559 shares, Berger Paints climbed $1.18 to $12.18 in switching ownership of 17,378 stocks, Caribbean Cement dropped 25 cents to end at $66.85 in an exchange of 76,927 units. Carreras gained 33 cents in closing at $9.83 after trading 53,433 stock units, Eppley rallied $1 to close at $41 after exchanging 201 units, First Rock Capital shed $1.25 to close at $12 with an exchange of 100,516 stocks. GraceKennedy rose $1.53 in closing at $103.53, with 8,169 shares crossing the market, Jamaica Broilers popped 30 cents to close at $26.80 after 23,935 stock units crossed the exchange, Jamaica Stock Exchange advanced 50 cents to end at $17.50 while exchanging 1,096 stock units. JMMB Group fell 50 cents, ending at $42 in an exchange of 657,734 units, Kingston Properties increased 40 ents to $8, trading 5,404 shares, Margaritaville declined $1.10 in ending at $21.50 after 52 stocks crossed the market. Massy Holdings rose 44 cents to close at $92 with 48,739 shares changing hands, Mayberry Jamaican Equities advanced 40 cents in closing at $13.40 with the swapping of 8,585 stock units, MPC Caribbean Clean Energy shed $10.45 to end at $96 with 195 units clearing the market. 138 Student Living popped 28 cents to $5.04 in trading 250 stocks, PanJam Investment lost $1 to close at $65, with 2,450 stocks changing hands, Portland JSX rallied 45 cents in ending at $11.95 after trading 35 units. Proven Investments dropped 42 cents to $37.58 while exchanging 3,087 shares, Sagicor Group declined $1.99 to end at $55, with 783,855 stock units clearing the market, Salada Foods fell 26 cents to close at $5.44 after 7,193 stocks crossed the market. Scotia Group fell 56 cents in ending at $37.31 in trading 65,690 shares, Seprod lost 50 cents to end at $71 in an exchange of 7,018 stock units, Supreme Ventures increased 95 cents in closing at $30.95 with the swapping of 611,885 units.
Sygnus Credit Investments gained 75 cents to $14.95, with 39,084 stocks changing hands and Wisynco Group climbed 75 cents to close at $19.75 after trading 351,342 units.
The All Jamaican Composite Index climbed 3,067.03 points to 439,266.19, the JSE Main Index rose 2,365.47 points to 383,350.63 and the JSE Financial Index increased 0.95 points to settle at 91.88.
At the close, Berger Paints lost $1 in ending at $11, with 35,423 shares changing hands, Caribbean Cement advanced $3.60 to $67.10 after trading 64,553 stock units, Ciboney Group climbed 37 cents to end at a 52 weeks’ high of $1.50 in trading 1,077,445 units. Eppley dropped $3.95 to close at $40 while exchanging 500 stocks, Eppley Caribbean Property Fund popped $4, in closing at $44 with the swapping of 11 shares, First Rock Capital increased 95 cents to $13.25 after exchanging 2,027,822 stock units. Guardian Holdings rose $1 to close at $501, trading 1,605 stocks, Jamaica Stock Exchange shed $1.27 to end at $17 after exchanging 56,302 units, Kingston Wharves gained $2.65 in closing at $39 with 27,672 stock units changing hands. Massy Holdings declined 44 cents to $91.56 with an exchange of 502 stocks, Mayberry Investments rallied 69 cents to close at $10.75 in exchanging 88,876 shares, Mayberry Jamaican Equities fell $1.03 to $13, with 9,558 units crossing the market. NCB Financial rose 50 cents in closing at $103 in an exchange of 72,458 shares, Palace Amusement jumped $86 to end at $986 with four shares crossing the market,
PanJam Investment gained $1 in ending at $66 with 39,348 stocks clearing the market. Sagicor Group increased $1.99 in closing at $56.99 after 72,339 stock units crossed the exchange and Seprod popped $1.47 to $71.50 in switching ownership of 6,940 shares.