Trading picked up sharply from the depressed level on Monday on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks changing hands jumping 261 percent, valued 238 percent more than on Monday and resulting in trading in eight securities, compared to four on Monday, with three rising, three declining and two ending unchanged.
Overall, 934,611 shares were traded for US$22,159 up from 258,699 units at US$6,551 on Monday.
Trading averaged 116,826 shares at US$2,770 versus 64,675 shares at US$1,638 on Monday, with a month to date average of 106,600 shares at US$2,995 compared with 105,165 units at US$3,027 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index shed 3.59 points to settle at 252.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rallied 0.19 cents to end at 4.59 US cents with an exchange of 1,532 shares, Margaritaville fell 1.65 cents to 9.35 US cents and closed with 25,453 stock units changing hands, Proven Investments shed 0.86 of a cent in closing at 14.04 US cents with a transfer of 6,695 stocks. Sterling Investments rose 0.16 of a cent to 2 US cents after exchanging 12,100 units, Sygnus Credit Investments declined 1.5 cents to 9.45 US cents in switching owners for 1,850 shares and Transjamaican Highway ended at 1.85 US cents with shareholders swapping 885,269 stock units.
In the preference segment, Productive Business 9.25% preference share remained at US$13, with two stocks crossing the market and JMMB Group 6% popping 8 cents higher to US$1.08 while exchanging 1,710 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the JSE USD Market
Stocks gained in JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 78 percent rise in the volume of stocks changing hands after a 75 percent rise in value compared with trading on Friday and resulted in an exchange of four securities, compared to two on Friday, with two rising, none declining and two ending unchanged.
A total of 258,699 shares were traded for US$6,551 compared with 145,233 units at US$3,750 on Friday.
Trading averaged 64,675 units at US$1,638 versus 72,617 shares at US$1,875 on Friday, with a month to date average of 105,165 shares at US$3,027 compared with 108,220 units at US$3,132 on the previous trading day. Trading in June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 3.47 points to 255.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share ended at 4.4 US cents with 143 shares changing hands, Proven Investments rose 0.37 of a cent to close at 14.9 US cents after a transfer of 12,315 stocks, Sygnus Credit Investments ended at 10.95 US cents after trading 21 stock units and Transjamaican Highway popped 0.05 of a cent to end at 1.85 US cents with investors transferring 246,220 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in trading for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 7 percent valued 29 percent less than on Tuesday, but resulted in only two securities traded, compared to eight on Tuesday with all two ending unchanged.
A total of 929,491 shares were traded for US$16,864 compared with 995,788 units at US$23,655 on Tuesday.
Trading on Wednesday averaged 464,746 shares at US$8,432 compared with 124,474 units at US$2,957 on Tuesday, with a month to date average of 124,507 shares at US$3,455 compared with 108,305 units at US$3,218 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.41 points to 247.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share ended at 4.4 US cents with a transfer of 588 shares and Transjamaican Highway remained at 1.8 US cents in trading 928,903 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 59 percent jump in the volume of stocks changing hands along with a 57 percent rise in the value compared to Monday and resulting in trading in eight securities, compared to five on Monday with the price of three rising, two declining and three ending unchanged.
Overall, 995,788 shares were traded for US$23,655 compared with 628,194 units at US$15,066 on Monday.
Trading averaged 124,474 shares for US$2,957 compared with 125,639 units for US$3,013 on Monday. Trading ended with a month to date average of 108,305 units at US$3,218 compared to 104,501 units at US$3,280 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.45 points to 247.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share increased 0.6 of a cent to 4.4 US cents with stakeholders trading 225 shares, MPC Caribbean Clean Energy climbed 3 cents to close at 63 US cents and closed with an exchange of 13 stock units, Productive Business Solutions ended at US$1.80 after exchanging just one stock. Proven Investments remained at 14.6 US cents, with 11,708 units crossing the exchange, Sterling Investments ended at 1.6 US cents with investors trading 279,097 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.8 US cents in trading 699,743 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained US$1.50 and ended at US$13 with a mere one stock being traded and JMMB Group 6% shed 5.98 cents to end at 99.02 US cents in switching ownership of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.