The volume of stocks changing hands jumped 28 percent on the Jamaica Stock Exchange US dollar market on Monday, following an 11 percent rise in value over Friday, resulting in the trading of eight securities, compared to seven on Friday with prices of two rising, three declining and three ending unchanged.
The market closed with an exchange of 299,302 shares for US$36,390 compared with 233,466 stock units at US$32,685 on Friday.
Trading averaged 37,413 units at US$4,549 versus 33,352 shares at US$4,669 on Friday, with a month to date average of 33,260 shares at US$3,119 compared with 32,964 units at US$3,017 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index dipped 1.84 points to cease trading at 235.96.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden lost 0.49 of a cent in ending at 22 US cents with 565 units crossing the market, First Rock Real Estate USD share rallied 0.58 of one cent to 4.7 US cents with investors dealing in 13,006 stocks, Margaritaville ended at 10.01 US cents after an exchange of 467 shares.
Proven Investments dropped 0.41 of one cent in closing at 13.4 US cents with investors trading 76,631 stock units, Sterling Investments remained at 1.6 US cents and closed after 18,761 shares changed hands and Transjamaican Highway increased 0.05 of a cent to close at 2.14 US cents with 173,748 stocks crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.28 after trading of 16,024 units and Productive Business Solutions 9.25% preference share fell 5 cents in closing at US$11 in switching ownership of 100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD on Monday
Trading rises on JSE USD Market
Jamaica’s stock market closed on Wednesday ahead of the holiday break on Thursday, with a 83 percent rise in the volume of stocks traded a 313 percent jump in value on the Jamaica Stock Exchange US ended dollar market over Tuesday, resulting in trading in seven securities, compared to 10 on Tuesday with prices of three rising, three declining and one ending unchanged.
The market closed Wednesday with an exchange of 276,289 shares for US$33,572 compared to 151,001 units at US$8,136 on Tuesday.
Trading averaged 39,470 units at US$4,796 versus 15,100 shares at US$814 on Tuesday, with a month to date average of 32,938 shares at US$2,906 compared with 32,471 units at US$2,771 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index popped 2.61 points to conclude trading at 238.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share popped 0.01 of a cent to 4.12 US cents with investors swapping 3,306 stock units, Proven Investments rallied 0.74 of one cent and ended at 13.82 US cents with 102 shares clearing the market,
Sygnus Credit Investments fell 1.3 cents to 7.7 US cents with trading of 100,000 units and Transjamaican Highway ended at 2.1 US cents after 159,023 stock units passed through the market.
In the preference segment, JMMB Group US8.5% preference share advanced 1 cent to end at US$1.27 with a transfer of 13,332 stock units, Productive Business Solutions 9.25% preference share sank 44 cents in closing at US$11.05 as investors traded 16 shares and Sygnus Credit Investments E8.5% lost 37 cents to end at US$10.03 after a transfer of 510 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks on top in JSE USD trading
Rising stocks edged out those declining at the close of trading on the Jamaica Stock Exchange US dollar market on Tuesday, following a 54 percent rise in the volume of stocks that changed hands after 11 percent fewer funds were swapped than on Monday and resulting in trading in 10 securities, up from five on Monday with prices of three rising, two declining and five ending unchanged.
The market closed with an exchange of 151,001 shares for US$8,136 compared to 98,295 units at US$9,105 on Monday.
Trading averaged 15,100 units at US$814 compared with 19,659 shares at US$1,821 on Monday, with a month to date average of 32,471 shares at US$2,771 compared with 34,445 units at US$2,994 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index dropped 2.51 points to 236.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.58 of one cent to end at 4.11 US cents, with 6,116 shares crossing the market, MPC Caribbean Clean Energy ended at 61 US cents with a transfer of 7 stock units, Proven Investments remained at 13.08 US cents, with 2,369 stocks crossing the exchange. Sterling Investments rose 0.07 of a cent to close at 1.6 US cents with traders dealing in 30 units,
Sygnus Credit Investments declined 1 cent to finish at 9 US cents, with 38,346 stocks changing hands, Sygnus Real Estate Finance USD share remained at 8.8 US cents in trading 2,665 units and Transjamaican Highway ended at 2.1 US cents after an exchange of 101,316 shares.
In the preference segment, Productive Business Solutions 9.25% preference share advanced 44 cents in closing at US$11.49 with investors transferring 101 stock units, Sygnus Credit Investments US 8% popped 40 cents to end at US$11 in an exchange of a mere one share and Sygnus Credit Investments E8.5% ended at US$10.40 with investors swapping 50 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in trading on JSE USD market
Increased market activity ended Friday on the Jamaica Stock Exchange US dollar market ended, with a 175 percent rising the volume of stocks exchanged, with a value of 199 percent more than on Thursday, resulting in trading in five securities, the same as on Thursday with prices of two rising, two declining and one ending unchanged.
The market closed with an exchange of 280,988 shares for US$32,878 compared to 102,017 units at US$10,991 on Thursday.
Trading averaged 56,198 units at US$6,576 versus 20,403 shares at US$2,198 on Thursday, with a month to date average of 35,336 shares at US$3,065 compared with 33,999 units at US$2,839 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index gained 0.19 points to wrap up trading at 237.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share slipped 0.01 of a cent to 4.69 US cents with 106 shares crossing the market, Proven Investments lost 0.79 of one cent in closing at 13.09 US cents with investors trading 242,886 stock units and Transjamaican Highway rose 0.02 of a cent to end at 2.05 US cents after 37,951 shares passed through the market.
In the preference segment, JMMB Group US8.5% preference share rallied 6 cents to close at US$1.26 with investors swapping 20 stock units and Sygnus Credit Investments E8.5% ended at US$10.40 and closed with an exchange of 25 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 5,131,113 shares for $48,974,965 down sharply from 14,203,187 stock units at $79,115,438 on Friday.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
Mayberry Jamaican Equities skidded 91 cents to $9.51 after an exchange of 41,564 units, MPC Caribbean Clean Energy slipped $1.16 to close at $91.99 with a transfer of 331 stocks, NCB Financial rallied $1.98 to close at $61.99, with 96,708 shares crossing the exchange. Pan Jamaica gained $1 and ended at $46 with investors swapping 2,623 stock units, Portland JSX lost 77 cents to end at $7.81 after investors exchanged just 19 shares, Proven Investments dipped 49 cents to $21 and closed with an exchange of 13,650 stock units. Sagicor Real Estate Fund fell 49 cents to $7.15 as investors exchanged 447 stocks, Stanley Motta rose 91 cents to end at $6.06 following trading of 6,095 units and Wisynco Group climbed 50 cents in closing at $21.50 in an exchange of 35,184 shares.
In the preference segment, Eppley 7.25% preference share sank $2.94 and ended at $17.06 with investors dealing in 59,061 units, Productive Business Solutions 10.5% preference share jumped $165 to close at $1,200 in an exchange of 23 stocks and Productive Business Solutions 9.75% preference share popped $6.50 to finish at $113.50 and closed after 415 stock units changed hands.
The market closed with 14,203,187 shares trading for $79,115,438 versus 7,063,416 stock units at $68,154,039 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Pan Jamaica gained 40 cents to end at $45 in an exchange of 71,493 stocks, Sagicor Group increased $1 and ended at $41, with 68,224 units changing hands, Scotia Group skidded $2.79 to finish at $41.50 with investors trading 80,038 stock units. Seprod climbed $1.30 and ended at $78.50 with 5,238 shares clearing the market and Supreme Ventures shed 70 cents to $24.30 after exchanging 31,826 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading closed with 7,063,416 shares changing hands at $68,154,039 down from 10,788,125 units at $73,059,080 on Tuesday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
Proven Investments advanced 44 cents to $21.44 with investors exchanging 2,462 shares, Seprod fell $1.39 to end at $77.20 with a transfer of 126,618 units, Stanley Motta skidded $2.34 in closing at $5.15 after 10,000 stocks passed through the market. Sygnus Credit Investments rose 30 cents to close at $10.78 in trading 5,150 stock units, Sygnus Real Estate Finance climbed 40 cents and ended at $11, with 164 shares crossing the market and Wisynco Group gained 50 cents to finish at $21 in an exchange of 11,932 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 10,788,125 shares for $73,059,080 compared with 7,531,690 units at $58,984,158 on Monday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and four with lower offers.
NCB Financial dropped $1.20 to close at $61.80 as investors exchanged 128,091 stock units. This is not a healthy sign for the company’s APO priced at $65 per share. Portland JSX climbed 89 cents and ended at $8.58, with just 6 stocks crossing the market, Proven Investments declined 43 cents to finish at $21 with an exchange of 5,652 stock units. Scotia Group rose $2.10 to $44 and closed after 27,553 shares changed hands, Stanley Motta advanced 90 cents to finish at $7.49 with investors transferring 5,613 stock units, Supreme Ventures rallied 40 cents and ended at $25 in an exchange of 38,973 stocks. Sygnus Real Estate Finance slipped 40 cents to end at $10.60 with investors swapping 8,316 units and Wisynco Group fell 75 cents in closing at $20.50 after 176,361 stocks crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading accounted for an exchange of 7,531,690 shares for $58,984,158 down from 26,822,609 stock units at $484,009,143 on Friday.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing advanced 32 cents to finish at $5.70 as investors exchanged 537,047 stocks, Pan Jamaica sank $1.50 to close at $46 in trading 2,087 stock units. Sagicor Group dipped 40 cents to $40 after an exchange of 71,182 shares, Scotia Group dropped $1.35 to close at $41.90 with investors dealing in 23,949 units, Seprod gained 59 cents to finish at $78.59 after exchanging 52,091 stocks. Supreme Ventures shed 40 cents and ended at $24.60 with investors trading 16,871 stock units, Sygnus Real Estate Finance rallied 39 cents in closing at $11 in an exchange of 27 shares and Wisynco Group increased 75 cents to end at $21.25 with traders dealing in 91,445 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 26,822,609 shares trading for $484,009,143 up from just 6,147,676 units for a mere $35,957,977 on Thursday.
The All Jamaican Composite Index climbed 1,282.66 points to 358,400.25, the JSE Main Index increased 854.69 points to end trading at 321,317.22 and the JSE Financial Index rose 0.34 points to settle at 68.27.
Jamaica Broilers popped 49 cents to close at $31 after 22,298 units crossed the market, Jamaica Stock Exchange sank $2.01 to close at $9.25 after an exchange of 3,201 stocks, JMMB Group shed 51 cents to end at $23.50 after 27,027 units were traded. Kingston Wharves advanced $1.04 to close at $26 with an exchange of 8,458 stocks, Mayberry Group gained 50 cents in closing at $8 as 10,016 shares passed through the market, NCB Financial rose $1 to end at $63 as investors exchanged 569,374 stock units. Pan Jamaica gained $1.50 to close at $47.50 with a transfer of 5,734 shares, Sagicor Real Estate Fund popped 59 cents to close at $7.64 after an exchange of 23 stocks, Scotia Group rallied $1.75 in closing at $43.25 with investors transferring 64,233 units. Seprod declined $2 to end at $78, with 614 stock units changing hands and Wisynco Group lost 65 cents to finish at $20.50 after an exchange of 8,096 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.