Market activity ended on Friday, with the volume of shares trading rising 32 percent and the value 47 percent higher than on Thursday on the Jamaica Stock Exchange Main Market and ended with declining stocks edging out those rising but a surge in the stock price of Supreme Ventures following the release of first quarter results lighted the Market index, to close at the highest level since early September last year.
The All Jamaican Composite Index jumped 6,436.56 points to 457,454.74, the JSE Main Index surged 5,124.13 points to 401,741.38 and the JSE Financial Index rose 0.47 points to settle at 94.42.
Just 53 securities traded, down from 55 on Thursday, with 19 rising, 23 declining and 11 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 14.8. The JSE Main and USD Market PEs are based on forecasted earnings done by ICInsider.com for companies with financial years ending up to the end of August 2023.
Overall, 15,175,474 shares were traded for $92,468,488 versus 11,479,146 units at $63,066,105 on Thursday. Sagicor Select Financial Fund led trading with 4.08 million shares for 26.9 percent of total volume followed by Radio Jamaica with 2.66 million units for 17.5 percent of the day’s trade,
Transjamaican Highway, 2.52 million units for 16.6 percent market share and Wigton Windfarm that ended with 2.33 million units changing hands for 15.4 percent market share.
Trading averages 286,330 units at $1,744,688 compared to 208,712 shares at $1,146,656 on Thursday and month to date, an average of 633,240 units at $6,528,619, compared to 657,986 units at $6,869,869 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints dropped 50 cents, to close at $11.50, with16,230 stock units crossing the market, Caribbean Producers advanced 25 cents to $18.30, with 68,707 units changing hands. Eppley popped 75 cents to $42.75 in an exchange of 275 stocks, First Rock Capital increased 29 cents to end at $12.29 in switching ownership of 7,282 units, Guardian Holdings gained $5 to close at $545, with 760 stocks clearing the market. Jamaica Stock Exchange declined 20 cents in closing at $22 after exchanging 31,247 stock units, Kingston Wharves lost $1.89 at $40 after trading 69,878 shares, Mayberry Investments climbed $1 to $9 with 216,110 units changing hands. Mayberry Jamaican Equities rallied 20 cents to end at $12.45 with the swapping of 108,690 shares, NCB Financial rose $5.50 to $116 in exchanging 78,854 stocks, 138 Student Living shed 24 cents in closing at $5 after trading 1,000 shares, Palace Amusement increased $1 to close at $1000 trading 25 stock units.
Sagicor Group fell $1.35 in closing at $56 after exchanging 979 stock units, Salada Foods lost 32 cents to end at $6.08 while exchanging 2,147 shares, Scotia Group rose 20 cents to $35.20 with an exchange of 45,747 units. Supreme Ventures rallied $4.50 to close at a 52 weeks’ high of $32, with 341,205 stocks crossing the exchange after the price hit an intraday high of $33.41. Sygnus Credit Investments declined 20 cents in ending at $15.20 after an exchange of 178,651 stocks, Sygnus Real Estate Finance climbed 40 cents to $16 while trading 2,917 shares and Wisynco Group popped 53 cents in closing at $23.98 in trading 230,185 stock units.
In the preference segment, 138 Student Living Preference shares shed $3.95 to end at $12.55 trading 421 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls on JSE USD Market
A total of six securities were traded, down from 10 on Thursday, with one rising, three declining and two unchanged.The JSE US Denominated Equities Index gained 2.49 points to end at 223.49. Overall, 213,719 shares traded for US$4,901 compared to 627,113 units at US$21,458 on Thursday.
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 the financial year closing at the end of August 2023.
Trading averaged 35,620 units at US$817, compared to 62,711 shares at US$2,146 on Thursday, with month to date average of 116,871 shares at US$4,666 versus 121,698 units at US$4,895 on the previous day. March ended with an average of 59,258 units for US$6,669.Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share ended at 7.95 US cents after exchanging 136 shares, Margaritaville ended at 16 US cents with an exchange of 683 units, Proven Investments lost 0.01 of a cent to 24.98 US cents, with 115 stock units crossing the market. Sterling Investments fell 0.22 of a cent to end at 2.01 US cents, closed at 55,791 stocks, Sygnus Credit Investments USD share dropped 0.1 of a cent in ending at 12.8 US cents crossing the market 16,994 units and Transjamaican Highway rallied 0.1 o one cent to end at 1.11 US cents with the swapping of 140,000 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
On Thursday, a sharp bounce in the trading ended with the volume of stocks changing hands surging 1,334 percent as the value traded rose 12 percent higher than Wednesday on the Jamaica Stock Exchange US dollar market, resulting in more stocks trading than Wednesday.
A total of 10 securities were traded, compared to seven on Wednesday, with two rising, three fell and five ended unchanged.
The JSE US Denominated Equities Index fell 3.97 points to end at 221.00. The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years, ending up to the close in August 2023.
Overall, 627,113 shares were traded, for US$21,458, up from 43,738 units at US$19,092 on Wednesday. Trading averaged 62,711 units at US$2,146, compared to 6,248 shares at US$2,727 on Wednesday, with a month to date average of 121,698 shares at US$4,895 versus 128,180 units at US$5,197 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7.95 US cents in exchanging 24 shares, Margaritaville remained at 16 US cents while exchanging 781 stock units, MPC Caribbean Clean Energy finished at US$1.26 after trading one stock.
Productive Business Solutions finished at US$1.19 trading one unit, Proven Investments gained 0.99 of a cent in closing at 24.99 US cents after finishing trading of 30,121 stock units, Sterling Investments declined 0.01 of a cent in ending at 2.23 US cents after exchanging 3,068 units. Sygnus Credit Investments USD share popped 0.01 of a cent in closing at 12.9 US cents after 4,109 stocks changed hands and Transjamaican Highway lost 0.1 of a cent to end at 1.01 US cents, with 581,490 shares crossing the exchange.
In the preference segment, Equityline Mortgage Investments preference share remained at US$1.999 in an exchange of 18 stock units and JMMB Group 6% preference share shed 14 cents to close at US$1 with 7,500 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market pops higher on depressed volume
Trading on the Jamaica Stock Exchange US dollar market closed on Wednesday, with the volume of shares changing hands declining sharply after trading 99 percent fewer shares were traded with a 62 percent lower than on Tuesday, resulting in more stocks rising than falling.
A total of seven securities traded, down from 10 on Tuesday, with two rising, one declining and four ending unchanged. The JSE US Denominated Equities Index added 0.03 points to end at 224.97.
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 to the end of August 2023.
Overall, 43,738 shares traded, for US$19,092 down from 4,110,461 units at US$49,816 on Tuesday. Trading averaged 6,248 units at US$2,727, down from 411,046 shares at US$4,982 on Tuesday, with the month to date average of 128,180 shares at US$5,197 versus 138,341 units at US$5,403 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share ended at 7.95 US cents after exchanging 55 shares, Proven Investments dropped 0.99 of one cent to 24 US cents, after trading 29,854 units, Sterling Investments ended at 2.24 US cents in switching ownership of 10 stock units and Sygnus Credit Investments USD share finished at 12.89 US cents after trading 8,268 stocks.
In the preference segment, Equityline Mortgage Investment preference shares gained 1.9 cents in closing at US$1.999 in trading just one share, JMMB Group 5.75% finished at US$2.03 after exchanging 5,000 stock units and JMMB Group 6% climbed 0.15 cents ending at US$1.14 in exchanging 550 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in JSE USD market trade
Trading on the Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of shares trading surging 2,380 percent over Thursday’s level with a 361 percent greater value, resulting in more stocks rising than falling.
A total of 10 securities traded, up from seven on Thursday, with three rising, one declining and six ending unchanged.
The JSE US Denominated Equities Index gained 3.51 points to end at 224.94.
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 to the end of August 2023.
A total of 4,110,461 shares were traded, for US$49,816 compared to 165,771 units at US$10,795 on Thursday.
Thursday. Trading averaged 411,046 units at US$4,982, compared to 23,682 shares at US$1,542 on Thursday, with month to date average of 138,341 shares at US$5,403 versus 101,489 units at US$5,460 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share finished at 7.95 US cents after trading 387 shares, Margaritaville ended unchanged at 16 US cents after exchanging 2,022 stock units, MPC Caribbean Clean Energy remained at US$1.26 after trading just one unit.
Productive Business Solutions ended at US$1.19 in an exchange of two units, Proven Investments fell 0.01 of a cent in closing at 24.99 US cents after exchanging 6,944 stock units, Sterling Investments rallied 0.24 of a cent to 2.24 US cents in clearing the market with 7,830 stocks. Sygnus Credit Investments USD share gained 0.44 of one cent in closing at 12.89 US cents with 16,836 shares changing hands, Sygnus Real Estate Finance USD share remained at 14.7 US cents with an exchange of 182 units and Transjamaican Highway rose 0.13 of a cent to close at 1.11 US cents with the swapping of 4,075,625 shares.
In the preference segment, JMMB Group 6% finished at US$1.1385 in trading 632 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD market
Trading on Thursday ended with the volume and the value of stocks changing hands declining 28 percent and 80 percent, respectively, at the close of the Jamaica Stock Exchange US dollar market, compared to Wednesday and resulted in an even number of stocks rising than falling.
Seven securities were traded versus six on Wednesday, with one rising, three declining and three ending unchanged. The JSE US Denominated Equities Index lost 0.20 points to end at 221.43.
The PE ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial year ending up to August 2023.
Overall, 165,771 shares traded for US$10,795 down from 230,992 units at US$54,610 on Wednesday. Trading averaged 23,682 units at US$1,542, compared to 38,499 shares at US$9,102 on Wednesday, with the month to date averaging 101,489 shares at US$5,460 versus 109,618 units at US$5,869 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share remained at 7.95 US cents with an exchange 1,238 shares, Margaritaville finished at 16 US cents in trading 124 units, Productive Business Solutions ended unchanged at US$1.19 while exchanging 653 stock units. Proven Investments rose 1 cent to close at 25 US cents with 13,416 stocks changing hands, Sterling Investments declined 0.25 of a cent to end at 2 US cents with 33,169 stock units crossing the market, Sygnus Credit Investments USD share shed 0.4 of a cent in ending at 12.45 US cents after an exchange of 41,171 shares and Transjamaican Highway dropped 0.07 of a cent to 0.98 of a US cent after trading 76,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All Jamaican Composite Index rallied 7,875.42 points to 451,018.18, the JSE Main Index added 6,575.09 points to end at 396,617.25 and the JSE Financial Index increased 1.50 points to 93.95.
Barita Investments
Sagicor Group rallied $2.35 to end at $57.35 with 19,646 stock units crossing the exchange, Seprod rose $2.48 in closing at $61.98 with 7,955 shares clearing the market, Supreme Ventures advanced $2.50 to $27.50 187,127 stocks crossing the market and Wisynco Group gained 45 cents to close at $23.45 trading 132,559 stock units.
The All Jamaican Composite Index dived 7,446.51 points to 443,142.76, the JSE Main Index dropped 5,441.59 points to 390,042.16 and the JSE Financial Index slipped 1.22 points to settle at 92.45.
At the close, Barita Investmentsrallied 39 cents to close at $90.35 after 12,993 shares crossed the market, Eppley fell $2.45 in closing at $40.05 with an exchange of 271 stock units, GraceKennedy climbed $3 in ending at a 52 weeks’ high of $113 with the swapping of 320,475 units. Guardian Holdings increased $8 to end at $528 after exchanging 7,050 stocks, Jamaica Broilers gained 52 cents to close at $28.99 in exchanging 9,642 units, Jamaica Stock Exchange rose 74 cents to $23.99 in switching ownership of 27,127 stock units. JMMB Group declined $1.04 to $44.85, with 369,209 stocks crossing the market, Key Insurance dropped 37 cents to end at $4.60 after trading 14,801 shares, Kingston Wharves shed $6.50 in closing at a 52 weeks’ low of $34, with 7,091,004 stock units changing hands. Massy Holdings advanced 93 cents to close at $98.95 in an exchange of 39,040 stocks, Mayberry Investments popped 45 cents to $7.95 in exchanging 38,974 shares, Mayberry Jamaican Equities lost 77 cents to close at $11.51, with 5,565,183 units clearing the market. NCB Financial rose $2.75 to end at $112 and closed with 61,157 units changing hands, Palace Amusement advanced $49.99, ending at $1000, with 96 stocks crossing the exchange, Portland JSX gained $2.44 in closing at $11 in trading 5,359 stock units.
Proven Investments dropped $2 to $36.50 while exchanging 12,315 shares, Sagicor Group shed 40 cents to end at $55, trading 56,121 units, Seprod fell $2.48, ending at $59.50 after trading 3,345 stocks. Sygnus Real Estate Finance declined 79 cents to close at $15.50 with an exchange of 1,967 stock units and Wisynco Group lost $1 in closing at $23 after trading 789,735 shares.
Trading averaged 248,063 units at $2,424,957, down from 1,172,850 shares at $21,257,393 on Thursday and month to date, an average of 717,999 units at $7,333,227 versus 765,733 units at $7,831,791 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Portland JSX fell $2.44 in closing at $8.56, with 56 stock units crossing the exchange, Proven Investments gained 30 cents to end at $38.50 while exchanging 21,365 shares, Sagicor Group lost $1.58 to end at $55.40 in an exchange of 6,625 stocks and Wisynco Group rose 80 cents to close at $24 after trading 184,605 units.
The All Jamaican Composite Index lost 953.08 points to settle at 449,225.19, the JSE Main Index fell 1,195.68 points to close at 394,486.85 and the JSE Financial Index slipped 0.01 points to 93.42. Trading ended with 60 securities against 59 on Wednesday, with 26 rising, 23 declining and 11 ending unchanged.
JMMB Group 7.35% – 2028 closed with 2.79 million units for 4 percent market share, 138 Student Living ended with 2.04 million units for 2.9 percent market share and Pulse Investments exchanged 1.27 million units for 1.8 percent market share.
NCB Financial rallied $9.15 to end at $117, with 25,463 units crossing the market, Proven Investments rose $1.20 in closing at $38.20 after exchanging 1,800 stocks, Sagicor Group increased $1.98 to $56.98 in an exchange of 7,639 stock units. Scotia Group dropped $1.88 in ending at $35 after exchanging 93,519 shares, Seprod climbed 88 cents to end at $61.98 with the swapping of 6,700 units, Supreme Ventures declined 51 cents in closing at $24.49 in an exchange of 362,832 stock units and Wisynco Group shed $1.10 to close at $23.20 after trading 700,949 shares.