Market activity expanded on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded jumping 193 percent with a 173 percent increase in value compared with Tuesday. Seven securities were traded, down from nine on Tuesday, with the prices of one rising, four declining and two ending unchanged as the USD Equities Index rose.
The market closed with an exchange of 841,584 shares for US$51,462 after climbing from 287,015 stock units at US$18,834 on Tuesday.
Trading ended with an average of 120,226 shares at US$7,352, up from just 31,891 stock units at US$2,093 on Tuesday. Trading for the month to date averages 903,014 units at US$56,207 after sliding from 946,502 stock units at US$58,921 on the preceding day and an average of 120,090 units for US$9,981 in September.
The US Denominated Equities Index gained 9.23 points to conclude trading at 286.19. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 16.5. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, AS Bryden lost 0.86 of a cent to end at 15.99 US cents with 4,992 units crossing the market, First Rock Real Estate USD share remained at 2 US cents with investors trading 75,000 stocks, Margaritaville slipped 0.19 of one cent to finish at 5.9 US cents after 1,077 shares crossed the market. Proven Investments fell 0.27 of a cent and ended at 5.63 US cents in switching ownership of 848 stock units, Quantas Advantage climbed 0.5 of one cent to close at 15.5 US cents with a transfer of 37 shares and Transjamaican Highway shed 0.04 of a cent to settle at 6.4 US cents with 759,598 units passing through the market.
In the preference segment, AS Bryden 6% ended at US$1 as investors exchanged 32 stocks.
Prices of securities trading are those of the last transaction.
The market closed with an exchange of 287,015 shares for US$18,834 compared to 123,887 stock units at US$7,308 on Friday.
The market closed with 8,684,104 shares trading worth $82,887,921, compared to 8,427,058 stock units at $103,412,472 on Thursday.
The All Jamaican Composite Index rose 493.78 points to trading at 455,656.10, the JSE Main Index popped 1,027.18 points to 380,173.09 and the JSE Financial Index gained 0.52 points to finish at 75.43. At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaica Stock Exchange dipped 30 cents to end at $9.35 in an exchange of 12,228 units, JMMB Group climbed 30 cents to finish at $17.90 in trading 142,934 stock units, Mayberry Group lost 31 cents and ended at $5.10 with 22,630 shares clearing the market, tNCB Financial fell $1 to finish at $73 in an exchange of 45,724 stock units, Sagicor Real Estate Fund lost $1.10 to close at $8.39 with investors trading 10,966 stocks and Scotia Group rose $1.45 in closing at $71.50 after a transfer of 4,310 shares.
The market closed with an exchange of 123,887 shares for US$7,308, a big decline from 403,181 stock units at US$25,918 on Thursday.
The market closed with an exchange of 403,181 shares worth US$25,918 compared with 299,786 stock units at US$17,915 on Wednesday.
The market closed with 37,327,357 shares trading with a market value of $341,399,968, compared with 20,075,573 units at $216,289,202 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15.9. ICInsider.com compiles the JSE Main Market PE ratios. These are derived by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
Proven Investments skidded by 54 cents to finish at $9.40 after trading of 13,091 stock units, Scotia Group rose $1.50 in closing at $71.50 in an exchange of 381,622 shares and Seprod rallied $1.94 to end at $79.96 with investors swapping 25,076 stocks.
The market closed with 20,075,573 shares trading for $216,289,202, compared with 9,077,498 stock units at $171,397,249 on Monday.
Quantas Advantage climbed 60 cents and ended at $22.50 crossing the market 8,953 stock units, Sagicor Group fell by 90 cents to close at $42.50 with an exchange of 12,894 shares. Scotia Group dipped by $2 to finish at $70 in crossing the market with 288,949 stocks, Seprod slipped $1.98 and ended at $78.02, following trading of 128,657 shares, Supreme Ventures rose 65 cents to finish at $19.40 with investors trading 10,160 stock units and Sygnus Real Estate Finance popped 40 cents in closing at $7.90 closed at 8,027 shares.
The market closed with 9,077,498 shares trading for $171,397,249 compared with 12,119,774 stock units at $114,939,495 on Friday.
The Main Market ended trading with an average PE Ratio of 16. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
Pan Jamaica rallied $1.75 in closing at $45.95 in an exchange of 33,998 shares. Quantas Advantage dropped $2.10 and ended at $21.90, with 11,592 shares changing hands, Salada Foods advanced 43 cents in closing at $3.30 as investors exchanged 10,987 units, Scotia Group rose 45 cents to close at $72 with a transfer of 6,887 stock units. Supreme Ventures lost $1.20 to finish at $18.75, with 93,756 shares crossing the market and Sygnus Real Estate Finance skidded 40 cents and ended at $7.50 after trading of 3,849 units.
The market closed with an average of 275,790 shares for US$31,957, up from 46,526 stocks at just US$3,022 on Friday. Trading month to date, averages 80,642 units at US$7,744 compared with 49,976 stock units at US$3,940 on the preceding day and an average of 120,090 shares for US$9,981.for September.
The market closed with an exchange of 511,787 shares for US$33,241 after rising from 345,233 stock units at US$22,598 on Thursday.