Trading dives on the JSE USD market

January 13, 2022 by

Trading on Thursday, ended with just a mere 2,031 shares changing hands for a measly US$355 in contrast to 1,538,362 units at US$28,126 on Wednesday at the close of the Jamaica Stock Exchange US dollar market, resulting in all stocks ending with no change in prices.
Trading ended with three securities changing hands, compared to six on Wednesday with prices of all stocks trading ending unchanged.
The JSE US Denominated Equities Index lost 1.15 points to end at 203.89.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Trading averaged 677 units at US$118, compared to 256,394 shares at US$4,688 on Wednesday and month to date averages 66,740 shares at US$3,075 versus 71,459 units at US$3,286 on Wednesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than their last selling prices and no stock with a lower offer.
At the close, First Rock Capital USD share ended at 6.89 US cents, with 575 shares changing hands, Proven Investments traded 1,414 units at 22.02 US cents and Sterling Investments finished unchanged at 2.1 US cents trading 42 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , ,

Volume surges pushing prices up

January 12, 2022 by

A big 442 percent surge in the volume of shares trading on Wednesday, pulled out 41 percent less funds than on Tuesday, as the close of the Jamaica Stock Exchange US dollar market ended with a pickup in the market index as six securities changed hands, up from four on Tuesday with four rising one declining and one ending unchanged.
The JSE US Denominated Equities Index rose 1.17 points to end at 205.04. The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 1,538,362 shares traded, for US$28,126 compared to 283,917 units at US$47,378 on Tuesday.
Trading averaged 256,394 units at US$4,688, compared to 70,979 shares at US$11,844 on Tuesday and month to date averaging 71,459 shares at US$3,286 versus 40,636 units at US$3,052 on Tuesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share ended with a loss of 0.03 of a cent at 6.89 US cents in switching ownership of 75 shares, Margaritaville advanced 2 cents to end at 11.5 US cents with 11,482 stocks crossing the exchange, Proven Investments climbed 0.01 cent of a cent in ending at 22.02 US cents 56,701 stock units changing hands. Sterling Investments popped 0.04 of a cent to 2.1 US cents with an exchange of 46,086 units and Transjamaican Highway rallied 0.03 of a cent to close at 0.9 US cents, with 1,423,718 stocks clearing the market.
In the preference segment, JMMB Group 6% remained at US$1.05 trading 300 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Rally for JSE Main market

January 12, 2022 by

Stocks prices rebounded in market activity on Wednesday, with the volume of shares trading rising 127 percent more than on Tuesday as the value rose just 26 percent higher at the close of the Jamaica Stock Exchange Main Market, with rising stocks exceeding declining ones.
The All Jamaican Composite Index advanced 2,908.68 points to 443,165.13, the JSE Main Index rallied 3,210.20 points to end at 400,565.67 and the JSE Financial Index popped 0.99 points to settle at 98.91.
Overall, 49 securities traded versus 53 on Tuesday, with 21 rising, 18 declining and 10 ending unchanged.
A total of 11,360,273 shares traded for $45,708,326 versus 4,998,746 units at $36,379,818 on Tuesday. Sagicor Select Financial Fund led trading with 35.7 of total volume after an exchange of 4.06 million shares followed by Transjamaican Highway, 19.9 percent with 2.26 million units and Wigton Windfarm with 17 percent for 1.93 million shares.
The PE Ratio, a formula for computing appropriate stock values, averages 16.4. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
The average trade for the day was 231,842 units at $932,823 compared to 94,316 shares at $686,412 on Tuesday and month to date, an average of 154,766 units at $1,113,600, against 144,586 units at $1,137,476 on Tuesday. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows thirteen stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement advanced $2 to $73 with 25,388 shares crossing the exchange, Eppley Caribbean Property Fund rose $1.50 in closing at $43.80 after trading 1,200 stocks, First Rock Capital shed 60 cents in ending at $10.25 with the swapping of 4,200 units. GraceKennedy fell 49 cents to close at $99.50 with a transfer of 13,454 stock units, Guardian Holdings dropped $10 to end at $530 in an exchange of 193 units, Jamaica Producers rose $1 to $23 after 2,832 shares cleared the market. Jamaica Stock Exchange gained 35 cents to finish at $17 with 31 stocks changing hands, JMMB Group spiked 35 cents to close at $38.50 in exchanging 325,883 stock units, Palace Amusement popped $10 to $900 after swapping of 30 units. Proven Investments rallied 61 cents to end at $33.10 after 460 shares crossed the market, Sagicor Group climbed $4.67 in closing at $56.97 with 6,918 stock units clearing the market, Scotia Group advanced $1.49 to end at $37.49 with investors switching ownership of 43,152 stocks. Seprod fell 40 cents to end at $62.10 in transferring 29,290 shares and Wisynco Group rallied 87 cents to $17.89 in trading 46,077 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Subdued trading for JSE Main Market

January 11, 2022 by

Market activity ended on Tuesday with the volume of shares trading declining 55 percent, but with the value holding close to Monday’s level at the close of the Jamaica Stock Exchange Main Market as rising stocks were less than those declining.
The All Jamaican Composite Index shed 1,680.06 points to end at 440,256.45, the JSE Main Index dipped 2,598.25 points to finish at 397,355.47 and the JSE Financial Index fell 0.66 points to close at 97.92.
A total of 53 securities traded compared to 51 on Monday, with 20 rising, 24 declining and nine ending unchanged.
The PE Ratio, a formula used in computing appropriate stock values, averages 16.2. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 4,998,746 shares traded for $36,379,818 versus 11,148,306 units at $36,249,301 on Monday. Sagicor Select Financial Fund led trading with 22.1 percent of total volume transferring 1.11 million shares followed by Sagicor Select Manufacturing & Distribution Fund, 17.1 percent, with 856,909 units and Transjamaican Highway accounting for 15.9 percent trading 793,717 units.
Trading averaged 94,316 units at $686,412, compared to 218,594 shares at $710,771 on Monday and month to date, an average of 144,586 units at $1,137,476, compared to 152,965 units at $1,212,654 on Monday. December ended with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments popped 90 cents to end at $95.90 with the swapping of 10,281 shares, Berger Paints rallied 49 cents to close at $12.99 in exchanging 608 stocks, Caribbean Cement shed $1 in closing at $71 after switching ownership of 25,329 units. Eppley gained 50 cents to finish at $36 after exchanging 1,105 stock units, Eppley Caribbean Property Fund advanced $2.30 after ending at $42.30 in trading 700 stocks, First Rock Capital rose 70 cents to close at $10.85, with 6,146 stock units clearing the market. Guardian Holdings declined $10 after ending at $540 with 1,535 shares changing hands, Jamaica Producers lost 52 cents to close at $22 with a transfer of 76,000 units, Jamaica Stock Exchange shed 85 cents to $16.65 with 675 stocks crossing the market. JMMB Group fell 75 cents in closing at $38.15 with the swapping of 145,580 shares, Kingston Wharves lost 45 cents to end at $43 n trading 20,566 stock units, MPC Caribbean Clean Energy declined $10 to $100 with investors exchanging 158 shares. Palace Amusement advanced $10 to end at $890 in transferring 46 stocks, PanJam Investment shed $1.50 after ending at $66 with 53,482 units crossing the market, Proven Investments dipped 48 cents in closing at $32.49 with 13,577 shares changing hands. Scotia Group gained 50 cents to finish at $36 in switching ownership of 61,922 stock units, Seprod shed $2.49 to end at $62.50 in an exchange of 2,778 shares, Stanley Motta popped 30 cents in closing at $5.50 after trading 7,000 stock units and Supreme Ventures rose 60 cents to end at $17.80 in an exchange of 55,675 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Volume down value up on JSE USD Market

January 11, 2022 by

Trading on Tuesday ended with the volume of shares changing hands declining 40 percent but with 164 percent greater value than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in a rise of the market index.
Trading ended with four securities changing hands, compared to six on Monday, with prices of two rising, one declining and one ending unchanged. The JSE US Denominated Equities Index gained 6.17 points to end at 203.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.4. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall,283,917 shares traded for US$47,378 versus 473,373 units at US$17,944 on Monday.
Trading averaged 70,979 units at US$11,844 compared to 78,896 shares at US$2,991 on Monday and month to date an average of 40,636 shares at US$3,052 versus 36,843 units at US$1,953 on Monday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share shed 0.03 of a cent in closing at 6.89 US cents after an exchange of 185 shares, Proven Investments rallied 0.01 of a cent to end at 22.01 US cents with the swapping of 117,127 stocks, Sygnus Credit Investments USD share gained 0.99 of one cent in ending at 13 US cents in exchanging 158,693 units and Transjamaican Highway ended unchanged at 0.87 of a US cent after trading 7,912 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , ,

Moderate trading for JSE USD Market

January 10, 2022 by

Trading continued on Monday with a moderate volume of shares changing hands on the Jamaica Stock Exchange US dollar market, resulting in more declining stocks having the edge over rising stocks at the close of market activity.
Six securities traded compared to five on Friday with prices of one rising, two declining and three ending unchanged. The JSE US Denominated Equities Index lost 3.95 points to end at 197.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.3. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year to August 2022.
A total of 473,373 shares were traded on Monday for US$17,944, down from 450,320 units at US$19,475 on Friday.
Trading averaged 78,896 units at US$2,991, compared to 90,064 shares at US$3,895 on Friday, with the month to date averaging 36,843 shares at US$1,953 versus 27,139 units at US$1,714 on the previous trading day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share rose 0.82 of a cent to 6.92 US cents trading 30,804 shares, Proven Investments ended unchanged at 22 US cents after trading 39,420 stock units, Sygnus Credit Investments USD share fell 0.99 of a cent in closing at 12.01 US cents after exchanging 15,750 stocks. Sygnus Real Estate Finance USD share remained at 14 US cents with 16,900 units changing hands and Transjamaican Highway shed 0.04 of a cent to close at 0.87 US cents in switching ownership of 370,199 shares.
In the preference segment, JMMB Group 6% finished unchanged at US$1.05 after 300 stock units crossed the market
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , ,

Many more losses than winners for JSE majors

January 10, 2022 by

Market activity ended on Monday with the volume of shares traded rising 42 percent and the value dropping 76 percent below Friday’s activities on the Jamaica Stock Exchange Main Market as rising stocks fell well below those declining.
The All Jamaican Composite Index rose 567.11 points and closed at 441,936.51, the JSE Main Index advanced 1,784.89 points to 399,953.72 and the JSE Financial Index rose 0.63 points to settle at 98.58.
A total of 51 securities traded up from 48 on Friday, with 15 rising, 27 declining and nine ending unchanged.
The PE Ratio, a formula for computing appropriate stock values averages 16.1. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
A total of 11,148,306 shares traded for  $36,249,301 versus 7,837,782 units at $148,024,848 on Friday. Wigton Windfarm ended trading with 39.1 percent of total volume for an exchange of 4.36 million shares followed by Sagicor Select Financial Fund with 24.9 percent for 2.77 million units and Transjamaican Highway 7.6 percent after trading 842,393 units.
Trading averages 218,594 units at $710,771 versus 163,287 shares at $3,083,851 on Friday and month to date, an average of  152,965 units at $1,212,654 compared to 140,429 units at $1,308,519 on Friday. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dropped $1.80 to $95 in exchanging 3,825 shares, Berger Paints fell 49 cents to $12.50 with 190 stocks changing hands, Caribbean Cement spiked 90 cents to $72 after 25,819 stock units crossed the exchange. Caribbean Producers gained 49 cents to close at a 52 weeks’ high of $15.49 with a transfer of 480,268 units,  Eppley popped $3 to end at $35.50 in trading 521 stock units, Eppley Caribbean Property Fund declined $3 in closing at $40 with an exchange of 61 units. First Rock Capital lost 45 cents after ending at $10.15 in exchanging 9,114 shares, Guardian Holdings advanced $10 to close at $550 with 98 stocks crossing the market, Jamaica Broilers gained 48 cents to end at $29 with 50,087 shares changing hands. Jamaica Stock Exchange rose 89 cents to $17.50 in trading 15,630 stock units, JMMB Group shed 35 cents to end at $38.90 after exchanging 64,616 units, MPC Caribbean Clean Energy shed $5 to close at $110 with the swapping of 470 stocks. NCB Financial lost 49 cents to end at $128.51 in switching ownership of 4,099 units, Palace Amusement dropped $115 to close at $880 in transferring 820 shares, PanJam Investment fell 50 cents to $67.50 with 2,227 stock units crossing the market. Supreme Ventures lost 30 cents in closing at $17.20 after an exchange of 21,716 stocks, Sygnus Real Estate Finance fell 35 cents to end at $17.50 with 300 stocks clearing the market and Wisynco Group shed 97 cents after ending at $17 with the swapping of 65,947 shares.
In the preference segment, JMMB Group 7.25% shed 75 cents to close at $3.06 with 524 units crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading up, prices down on JSE Main Market

January 7, 2022 by

Trading activity jumped on the Jamaica Stock Exchange Main Market on Friday following Thursday’s low, with the volume of shares trading rising 23 percent and the value more than tripling and ended with declines in the market indices as rising stocks fell well behind those declining.
The All Jamaican Composite Index rallied 2,484.28 points to 441,369.40, the JSE Main Index shed 1,901.31 points to  398,168.83 and the JSE Financial Index shed 0.09 points to settle at 97.95.
Trading ended with 48 securities compared to 54 on Thursday, with 10 rising, including Caribbean Producers that closed at $15, a record high, as 20 declined and 18 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.3. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial year end, up to August 2022.
A total of 7,837,782 shares traded for $148,024,848 versus 6,387,429 units at $36,048,355 on Thursday. Jamaica Broilers led trading with 1 million shares for 12.8 percent of total volume, followed by Carreras, 963,724 units with 12.3 percent of the day’s trade and Sterling Investments with 953,200 units for 12.2 percent market share.
Trading averages 163,287 units at $3,083,851 versus 118,286 shares at $667,562 on Thursday and month to date, an average of 140,429 units at $1,308,519, compared to 135,419 units at $919,405 on the prior day. December averaged 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement fell $1.88 to $71.10, with 48,057 shares changing hands, Caribbean Producers rallied $1.53 to close at a record high of $15 in trading 264,147 stocks, Eppley declined $3.49 to $32.50 with an exchange of 826,031 stock units. First Rock Capital advanced 45 cents to end at $10.60 with the swapping of 72,470 units, Guardian Holdings lost $35 in closing at $540 after exchanging 4,164 stocks, Jamaica Broilers shed $1.07 to $28.52, with an exchange of 1,003,921 stock units. Jamaica Stock Exchange dropped 29 cents in ending at $16.61 after 6,464 shares crossed the market, JMMB Group spiked $1.20 in closing at $39.25 after trading at 88,804 units, NCB Financial declined $1 to $129 with 281,014 stocks clearing the market. PanJam Investment rose 50 cents to $68 in exchanging 2,155 stock units, Proven Investments shed 48 cents in closing at $33.01 in an exchange of 2,640 shares, Sagicor Group fell 79 cents to end at $52.31, with 11,989 units crossing the market. Seprod lost 79 cents to $65 in trading 3,110 shares, Stanley Motta dropped 68 cents to $5.20 in switching ownership of 11,000 stock units, Sygnus Real Estate Finance climbed $2.34 to close at $17.85 while exchanging 2,719 stocks and Wisynco Group increased 47 cents to end at $17.97 with an exchange of 39,313 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Volume rises on JSE USD market

January 7, 2022 by

Trading ended Friday, on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands surging 417 percent and the value rising 148 percent higher than Thursday, resulting in more stocks rising than falling.
Five securities changed hands, compared to three on Thursday with prices of two rising, one declining and two left unchanged. The JSE US Denominated Equities Index lost 0.38 points to end at 201.65.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.3. The PE ratio is computed based on ICInsider.com earnings forecasts for companies with the financial year up to August 2022. Overall, 450,320 shares traded, for US$19,475 up from 87,172 units at US$7,865 on Thursday.
Trading averaged 90,064 units at US$3,895, compared to 29,057 shares at US$2,622 on the previous trading day. Trading month to date averages 27,139 shares at US$1,714 versus 12,157 units at US$1,195 on Thursday. Trading in December averaged 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share ended unchanged at 6.1 US cents with an exchange of 4,898 shares, Proven Investments fell 0.5 of a cent in closing at 22 US cents trading 72,197 units, Sterling Investments remained at 2.06 US cents with 204 stock units changing hands Sygnus Credit Investments USD share inched 0.1 of a cent to 13 US cents trading 24 stocks and Transjamaican Highway gained 0.07 of a cent ending at 0.91 of one US cent in exchanging 372,997 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , ,

More gains for JSE Main Market

January 6, 2022 by

Market activity ended on Thursday, with the volume of shares trading rising 17 percent after 34 percent more funds entered the market than Wednesday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining by a 3 to 2 margin.
The All Jamaican Composite Index climbed 2,108.36 points to 443,270.70, the JSE Main Index popped 1,860.79 points to close at 400,653.10 398,792.32 and the JSE Financial Index gained 0.58 points to end at 98.62. Similar to Wednesday’s trading, 54 securities traded, with 24 rising, 17 declining and 13 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.4. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com profit forecasts for companies with financial years ending up to August 2022.
A total of 6,387,429 shares traded $36,048,355 compared to 5,449,840 units at $26,843,381 on Wednesday. Sagicor Select Financial Fund led trading with 1.54 million shares for 24.2 percent of total volume followed by Wigton Windfarm with 1.32 million units for 20.6 percent of the day’s trade and Transjamaican Highway with 1 million units for 15.8 percent market share.
Trading averages 118,286 units at $667,562, up from 100,923 shares at $497,100 on Wednesday and month to date, an average of 135,419 units at $919,405, compared to 141,026 units at $1,001,827 on the prior day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints popped 49 cents to $12.99 after 5,620 shares passed through the market, Caribbean Producers rose 48 cents to $13.47 in finishing trading with 263,622 stock units, First Rock Capital declined $1.25 to $10.15 after exchanging 11,276 stocks. Guardian Holdings spiked $50 in closing at $575 in an exchange of 530 units, Jamaica Broilers gained 59 cents to end at $29.59 while exchanging 17,877 shares, JMMB Group lost 95 cents in closing at $38.05 in exchanging 78,690 stock units. Kingston Wharves advanced 50 cents to $43.50 trading 5,620 units, Mayberry Jamaican Equities popped 37 cents to end at $9.37 with an exchange of 3,035 stocks, NCB Financial climbed $1.51 to close at $130 with an exchange of 24,693 shares. Proven Investments rallied $1 to $33.49, with 2,458 stock units changing hands, Sagicor Group fell 90 cents to $53.10 trading 12,403 stocks, Salada Foods rose 32 cents to $6.89 in switching ownership of 868 units. Seprod advanced $3.69 in closing at $65.79 after 5,711 stock units crossed the exchange and Stanley Motta spiked 77 cents to end at $5.88, with 4,000 shares clearing the market.
In the preference segment, Eppley 5% gained $1.20 to close at a 52 weeks’ high of $21 after exchanging 2 stocks. JMMB Group 7.15% – 2028 shed 55 cents ending at $2.53 with 172,039 units changing hands and JMMB Group 7.25% increased $1.19 to end at a 52 weeks’ high of $3.81 with the swapping of 2,613 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,