
Proven Investments led trading on the JSE USD market on Friday.
At the close of the Jamaica Stock Exchange US dollar Market, trading ended with five securities changing hands with the prices of two stocks rising, one declining and two remaining unchanged.
At the close, the JSE USD Equities Index carved out a gain of 0.73 points to close at 187.71, and the average PE Ratio of the market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 496,779 shares, accounting for US$112,338 compared to 988,533 units at US$16,715, from five securities on Thursday.
An average of 99,356 units at US$22,468 traded for the day, in contrast to an average of 197,707 at US$3,343 on Thursday. An average of 141,531 units traded for the month to date at US$19,192, for each security, in contrast to 144,270 units at US$18,980. By comparison, June ended with an average of 281,680 units valued at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents in exchanging 6,111 shares,
JMMB Group 5.75% gained 5 cents to end at U$$2.10 in exchanging a mere 48 units, Margaritaville ended at 16 US cents with investors swapping just 96 stock units. Proven Investments lost a fraction of a cent to close at 23 US cents, with 457,524 shares changing hands and Sygnus Credit Investments gained three-quarters of a cent to end at 14 cents, with 33,000 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Main Market of the Jamaica Stock Exchange gave back more of the gains enjoyed last week as investors cut, the All Jamaican Composite Index down by 2,574.66 points to 406,734.43 and slashed 2,330.72 points off the Main Index to close at 370,965.06.
The market closed with an exchange of 4,909,660 shares for $39,906,681 compared to 5,825,935 units at $58,494,661 on Wednesday. Transjamaican Highway led trading with 1.52 million shares for 30.9 percent of total volume, followed by Carreras with 810,362 units for 16.5 percent of the day’s trade and Mayberry Investments with 707,749 units for 14.4 percent market share.
At the close of the market, Barita Investments carved out a loss $1 to end at $55 in trading 1,018 shares, Caribbean Cement gained 50 cents to settle at $45.50 to finish with 13,650 stock units changing hands, Eppley dropped 39 cents to close at $17 trading 50,142 units. Jamaica Broilers Group fell $1 to settle at $26.50 in exchanging 2,082 shares, Kingston Wharves gained $1.50 to settle at $51.50 with 1,290 stock units passing through the market, Proven Investments lost 50 cents to settle at $34, with 990 shares crossing the exchange. Sagicor Group fell $3 to settle at $43 while exchanging 61,960 units and Scotia Group carved out a gain of $1.25 and ending at $46.25, with 3,859 shares crossing the exchange.
The market ended with five securities changing hands, one more than on Wednesday and ended with the price of one stock rising, one declining and three remaining unchanged.
JSE US Dollar market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with la ower offer.
At the close, the All Jamaican Composite Index lost 1,098.40 points to 409,309.09, the Main Index carved out a loss 911.96 points to 373,295.78 and the JSE Financial Index increased 0.35 points to close at 97.35.
An average of 153,314 units traded for the day at $1,539,333, for each security, in comparison to an average of 688,966 at $2,207,104 on Tuesday. An average of 411,515 units traded for the month to date at $2,839,392 for each security that traded, in contrast to 427,314 units at $2,918,945. In contrast, June ended with an average of 818,748 units at $7,498,308.
Caribbean Cement dropped $4.40 to close at $45 while exchanging 25,035 stock units, Gracekennedy advanced by $1 to $57 with an exchange of 14,296 units. Jamaica Broilers Group increased $2 to close at $27.50, with 409,695 stock units crossing the exchange, Kingston Wharves carved out a loss $3.90 to close at $50 after 1,077 units crossed the market, Mayberry Investments rose 68 cents to $5.98, with 5,015 stock units crossing the market. NCB Financial Group jumped 99 cents to end at $139.99 with investors swapping 15,784 stock units, Palace Amusement shed $25 to end at $1725 with investors switching ownership of 14 shares, PanJam Investment gained $5 to end at $70 in trading 59,013 units. Proven Investments jumped $1.50 to end at $34.50 in an exchange of 38,173 stock units, Sagicor Real Estate Fund dropped by 74 cents to $7.75 in an exchange of 43,000 stock units. Salada Foods fell $3.38 to close at $27.60, with 31,970 shares changing hands and Supreme Ventures advanced 48 cents to close at $15.70 in trading 1,067,865 units.
At the close, the All Jamaican Composite Index lost 3,232.1 points to end at 410,407.49, the Main Index declined by 2,923.73 points to 374,207.74 and the JSE Financial Index lost 1.07 points to 97.00.
An average at 688,966 units traded for the day at $2,207,104 for each security in compared to an average of 669,011 at $2,349,202 on Monday. An average of 427,315 units traded for the month to date at $2,918,945 for each security that traded, in contrast to 410,605 units at $2,968,326. In contrast, June ended with an average of 818,748 units at $7,498,308.
MPC Caribbean Clean Energy jumped $14.99 to $169.99 and trading 626 units. NCB Financial Group declined by 48 cents to settle at $139 with 176,376 stock units changing hands, PanJam Investment lost $6.01 to close at $65 with investors switching ownership of 27,021 shares, Portland JSX carved out a gain of $1.03 to close at $8.35 while exchanging 6,029 shares. Proven Investments fell 41 cents to $33, with 14,000 stock units changing hands, Sagicor Group lost 55 cents in closing at $45.95, with 206,704 stock units passing through the market. Scotia Group climbed 84 cents to finish at $44.84 while exchanging 55,245 units and Wisynco Group fell 44 cents to close at $17.56 after 241,029 shares passed through the market.
The market index rose 3.50 points to end at 188.36 and the average PE Ratio of the JSE US Dollar Market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
At the end of trading on Monday, the Main Index added 1,176.24 points to end at 377,131.47 while the JSE Financial Index, gained just 0.48 points to close at 98.07.
An average of 669,011 units traded for the day at $2,349,202 for each security, in comparison to an average of 292,093 at $3,073,385 on Friday. An average of 410,260 units traded for the month to date at $2,965,343, for each security that traded, in contrast to 391,200 units at $3,014,746. For comparative purposes, June ended with an average of 818,748 units at $7,498,308.
Kingston Wharves shed 50 cents in closing at $53.50 and clearing the market with 580 shares, MPC Caribbean Clean Energy fell $5 to end at $155 after exchanging 5 shares, PanJam Investment dropped $2.99 to settle at $71.01 with an exchange of 1,687 stock units. Portland JSX declined by 68 cents to close at $7.32 with investors switching ownership of 3,415 units, Proven Investments climbed $1.71 to close at $33.41, with 15,980 units crossing the exchange, Sagicor Group carved out a gain of 50 cents to settle at $46.50, with 29,145 shares changing hands. Scotia Group, after rising 49 cents and ended at $44 in exchanging 10,050 stock units and Wisynco Group climbed 50 cents to close at $18, with investors switching ownership of 16,104 units.
The market closed with an exchange of 107,140 shares, accounting for US$25,311 compared to 911,996 units at US$186,648 on Friday.
The Main Index gained 1,812.5 points to 375,955.23 while the JSE Financial Index rose 0.63 points to 97.59.
The market closed in June with an average of 818,748 units at $7,498,308.
Mayberry Jamaican Equities gained 55 cents to close at $9.69 with 10,925 stock units clearing the market, NCB Financial declined by 50 cents to settle at $139.50 with investors swapping 239,825 stock units. 138 Student Living fell 50 cents to end at $6 after exchanging 9,111 stock units, PanJam Investment jumped $4 to $74 with 2,830 units crossing the market, Proven Investments declined $1.30 to close at $31.70 trading 400 shares, Scotia Group lost 98 cents to settle at $43.51 in the trading of 44,367 shares. Seprod fell $1 in ending at $52 while exchanging 61,292 stock units, Victoria Mutual Investments dropped by 30 cents to settle at $7.20 in trading 51 stock units and Wisynco Group declined by 70 cents to $17.50 with investors switching ownership of 2,832,882 stock units.