Trading on Friday ended with the JSE USD market slipping as investors exchanged 292 percent more shares than on Thursday after 61 percent more funds entered the market, resulting in more shares falling than rising.
Trading ended with four securities changing hands, compared to six on Thursday, with one rising, two declining and one remaining unchanged.
The JSE US Denominated Equities Index dropped 6.30 points to 188.58. The PE Ratio, a measure that computes an appropriate value of a stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 298,239 shares traded for US$9,286 compared to 76,075 units at US$5,770 on Thursday. Trading averaged 74,560 units at US$2,321, up from 12,679 shares at US$962 on Thursday.
For the month to date, trading averages 91,102 units at US$8,139 in contrast to 92,605 units at US$8,668 on Thursday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and two with lower offers.
At the close of trading, First Rock Capital gained 0.49 of a cent to end at 7.99 US cents with 12,026 shares traded and Transjamaican Highway fell 0.15 of one cent to 0.8 of a US cent with 282,713 units crossing the exchange.
In the preference segment, JMMB Group 5.75% preference share remained at US$2.02 with a transfer of 2,500 stock units and JMMB Group 6% lost 3 cents to close at US$1 with 1,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Jamaica stock market closed on Thursday with the market recovering some of Wednesday’s losses, with the movement not strong enough to wipe those losses even as the market moved well above Wednesday’s close in early morning trading, by the close, declining stocks clobbered advancing more than two to one, with the volume and value of shares traded falling 26 percent and 67 percent respectively compared to Wednesday, on the Jamaica Stock Exchange Main Market.
Trading averaged 186,829 units at $859,293, compared to 264,717 shares at $2,753,192 on Wednesday. Trading month to date averages 167,373 units at $1,427,454, in contrast to 164,075 units at $1,523,753 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Mayberry Jamaican Equities gained 25 cents to close at $9.20 after exchanging 2,000 units, MPC Caribbean Clean Energy rose 80 cents to $137.80 in trading 4 stock units, Palace Amusement plunged $105.24 to $1,033.76, with a transfer of 10 shares. PanJam Investment shed 94 cents to end at $63.05 after 7,828 stocks crossed the market, Proven Investments fell 59 cents to $34.41 in exchanging 1,507 stock units, Radio Jamaica gained 15 cents to close at $2.15, with 1,690,453 share changing hands, Sagicor Group spiked $1.04 to $57.90 with 124,380 shares clearing the market and Scotia Group fell $1.40 to $39.80 in trading 2,942 stock units.
At the close, the All Jamaican Composite Index plunged 1,490.87 points to 455,894.84, the Main Index dived 1,960.9 points to 416,088.17 and the JSE Financial Index lost 0.68 points to settle at 101.74.
264,717 units at $2,753,192, up from 108,192 shares at $461,546 on Tuesday. Trading month to date averages 164,075 units at $1,523,753, compared to 144,517 units at $1,284,834 on Tuesday. July ended with an average of 322,932 units at $15,201,099.
Kingston Wharves shed 24 cents to close at $47.76 with an exchange of 6,338 shares, Mayberry Investments spiked $1.50 to end at $7 in exchanging 72,196 units. NCB Financial popped $2.90 to $135.50 with 32,146 stock units changing hands, Palace Amusement dropped $11 to $1,139 with a transfer of two shares. Sagicor Group rallied 81 cents to $56.86 in an exchange of 10,978 stocks, Seprod shed 90 cents to close at $69 with the trading of 8,692 stock units, Supreme Ventures slipped 95 cents to $19, with 81,840 shares clearing the market and Wisynco Group gained 29 cents to close at $15.95 after exchanging 949,997 stock units.
At the close, First Rock Capital dropped 0.49 of a cent in closing at 7.5 US cents after exchanging 5,784 shares, Margaritaville remained at 8.9 US cents with 10,619 stock units clearing the market, Proven Investments rallied 0.01 of a cent to close at 24.01 US cents while trading 77,911 stocks. Sygnus Credit Investments J$ based ordinary stock shed 2.94 cents ending at a 52 weeks’ low of 11.89 US cents, with 1,510 units crossing the exchange, Sygnus Credit Investments USD based stocks, popped 0.8 of a cent to end at 12.8 US cents in an exchange of 608 shares, Transjamaican Highway climbed 0.17 of a cent in ending at 1 US cent after finishing trading 1,980,000 stock unit and In the preference segment JMMB Group 6% remained at US$1.03 after trading 1,000 unit.
Trading ended with five securities changing hands, compared to six on Monday, with prices of two rising, two declining and one remaining unchanged.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two stocks with lower offers.
At the close, the All Jamaican Composite Index rose 200.20 points to 457,385.71, the JSE Main Index popped 148.16 points to end at 418,049.14, and the JSE Financial Index shed 0.03 points to 102.42.
Trading averaged 108,192 units at $461,546, compared to 199,394 shares at $1,473,633 on Monday. Trading month to date averages 144,517 units at $1,284,834, in contrast to 153,737 units at $1,493,790 on Monday. July ended with an average of 322,932 units at $15,201,099.
Palace Amusement spiked $116.24 to $1,150 in switching ownership of 2 stock units, Pan Jam Investment rose 95 cents to $64 with an exchange of 700 stocks, Pulse Investments slipped 20 cents to $3.76 in transferring 238,941 shares, Sagicor Group dropped $2.45 to $56.05 with the swapping of 8,209 stock units, Salada Foods fell 25 cents to $7.75 in trading 80,748 shares. Scotia Group advanced $1.90 $41.20 after clearing the market of 4,197 shares, Seprod rose 88 cents to $69.90 in trading 5,876 stock units and Victoria Mutual Investments lost 20 cents to close at $5.80 with 22,233 stocks crossing the market.
The All Jamaican Composite Index dropped 3,947.10 points to 457,185.51, the Main Index dived 3,831.32 points to 417,900.98 and the JSE Financial Index slipped 1.06 points to end at 102.45.
At the close, Berger Paints fell $1.04 to $12.70 after exchanging 200 shares, Eppley spiked 72 cents to $39 in an exchange of 1,254 units, First Rock Capital fell 32 cents to end at $14.05 in exchanging 292 stock units. GraceKennedy popped $6.25 to $104, with 228,414 shares crossing the market, Guardian Holdings shed $10 to $630 with the swapping of 10,588 stocks, Jamaica Producers declined $1 in closing at $22 trading 3,769 stock units. JMMB Group rallied 28 cents to close at $37.78, with 163,033 shares clearing the market, Kingston Wharves lost $1 to end at $48 while exchanging 2,388 units. Mayberry Jamaican Equities dropped 47 cents to $8.50 after trading 8,501 units, NCB Financial Group shed $6.29 to close at $131.21 after an exchange of 82,261 stock units. 138 Student Living rallied 65 cents to $5.10, with 64,807 shares changing hands, Palace Amusement dropped $28.24 to $1033.76, with an exchange of 8 stocks, Pulse Investments rose 21 cents in closing at $3.96 trading 214,612 stock units. Sagicor Group popped 55 cents to $58.50 in exchanging 7,219 shares, Salada Foods gained 20 cents ending at $8, with 5,912 stocks crossing the market.
Scotia Group fell 20 cents to $39.30 in switching ownership of 202,916 stock units, Seprod dropped 98 cents to $69.02, with 1,945 units crossing the market, Stanley Motta spiked 69 cents to $5.99 after 4,878 stocks crossed the exchange and Sygnus Credit Investments rallied 72 cents to $15, with 73,359 shares changing hands.
Seven securities traded, up from six on Thursday, with the prices of four rising and two declining and ending with one remaining unchanged. The JSE USD Equity Index rose 3.55 points to end at 187.46. The PE Ratio, a tool used to computes the appropriate value of stocks, averages 11.8 based on earnings forecast for 2021-22.
First Rock Capital popped 0.079 of a cent to 7.99 US cents in exchanging 1,532 shares, Margaritaville slipped 0.10 of a cent to 8.90 US cents after trading 11,423 shares, MPC Caribbean rose 15 cents to US$1.20 in trading 180 stock units, Proven Investments rose one cent to close at 25 US cents, after an exchange of 31,712 units, Sygnus Credit Investments closed at 12 US cents with 37 stocks changing hands and Transjamaican Highway shed 0.02 of a cent to end at 0.78 US cents with 128,205 shares crossing the exchange.
Trading averaged 132,356 units at $1,500,551, compared to 137,862 shares at $2,230,311 on Wednesday. Trading month to date averages 138,207 units at $1,500,646, in contrast to 141,133units at $1,500,693 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
NCB Financial shed $1 to $137.50 with an exchange of 34,163 units, Palace Amusement popped $22 to $1,062 after 7 stocks cleared the market, PanJam Investment dipped 95 cents to $63.05 with the swapping of 10,963 stock units. Proven Investments lost 34 cents to settle at $34.95 in switching ownership of 15,264 units, Pulse Investments dipped 26 cents to $3.75 in trading 261,984 stock units, Sagicor Group spiked 95 cents to end at $57.95 after exchanging 224,934 shares. Salada Foods lost 20 cents to close at $7.80 with 9,199 units clearing the market. Scotia Group declined $2.50 to $39.50 in trading 646,232 shares, Seprod fell $1 to $70 after an exchange of 3,401 stock units, Supreme Ventures shed 50 cents in closing at $20 with 76,037 stocks changing hands and Sygnus Credit Investments slipped 52 cents to $14.28 with 75,437 stock units crossing the market.
Proven Investments dominated trading in exchanging the largest block of shares, with just over one million units for 91 percent of the day’s volume, driving the volume traded to a 777 percent increase and the value jumping 942 percent over Wednesday’s level, at the close of the Jamaica Stock Exchange USD market on Thursday.
At the close, First Rock Capital slipped 0.06 of a cent to 7.2 US cents in exchange of 4,024 shares, Proven Investments dropped 0.98 of a cent to 24 US cents with investors swapping ownership of the market topping 1,049,188 shares, Sterling Investments lost 0.08 of a cent to end at 2.07 US cents with 1,633 stock units passing through the market. Sygnus Credit Investments shed 1.3 cents to close at 14 US cents with 200 stocks changing hands, Sygnus Credit Investments fell 1 cent to 12 US cents with 3,143 units traded and Transjamaican Highway gained 0.02 of a cent to end at 0.80 US cents with 100,000 shares crossing the exchange.