Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 11 percent and the value 113 percent more than on Monday, with trading in 59 securities the same as on Monday, with prices of 17 stocks rising, 28 declining and 14 ending unchanged and resulted in a decline in the market’s main indices.
The market closed with 22,829,779 shares being traded for $92,714,302 compared to 20,603,885 units at $43,453,436 on Monday.
Trading averaged 386,945 shares at $1,571,429 compared to 349,218 units at $736,499 on Monday and month to date, an average of 1,154,524 units at $2,615,843 compared with 1,219,128 units at $2,703,746 on the previous day and February with an average of 385,143 units at $3,418,046.
Wigton Windfarm led trading with 11.46 million shares for 50.2 percent of total volume followed by Sygnus Credit Investments with 2.46 million units for 10.8 percent of the day’s trade, Transjamaican Highway was next with 2.27 million units for 9.9 percent market share, Ciboney Group closed with 1.19 million units for 5.2 percent stock trading, while Sagicor Select Financial Fund ended with 1.19 million stocks for 5.2 percent market share and Sagicor Select Manufacturing & Distribution Fund 1.0 million units for 4.4 percent of total volume.
The All Jamaican Composite Index fell 3,346.63 points to settle at 366,115.79, the JSE Main Index fell 3,054.43 points to lock up trading at 327,201.14 and the JSE Financial Index dipped 0.68 points to end the day at 69.86.
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 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden rose $2.99 to close at $39.99 after an exchange of 138 shares, Berger Paints lost 30 cents to close at $5.60 after trading 50 units, Caribbean Cement advanced 60 cents to end at $56.60 with 8,499 shares clearing the market. Carreras dipped 30 cents in closing at $8.75 with traders dealing in 66,625 stock units, GraceKennedy popped $1.44 and ended at $75.24 after closing with an exchange of 26,476 shares, Jamaica Producers sank 50 cents to $22 after exchanging 111,603 units. Jamaica Stock Exchange dropped 86 cents to end at $9.14 in switching ownership of 3,250 stocks, JMMB Group shed 70 cents in closing at $26.50, with 126,304 stock units crossing the market, Key Insurance declined 30 cents to $2.20 in an exchange of 46,645 shares. Kingston Wharves fell $2.50 to close at $30 after 28,891 stock units passed through the market, Margaritaville increased 79 cents to $14.80 after a transfer of 1,232 stocks, Massy Holdings skidded $2 and ended at $90 with investors swapping 78,010 units. Proven Investments fell $1.66 to end at $21.91 with a transfer of 1,481 stocks, Sagicor Group dropped 99 cents in closing at $40.01, with 70,191 units passing the exchange, Scotia Group climbed $1 to close at $47 with investors transferring 196,850 shares. Sygnus Credit Investments gained $1.14 to end at $12.12, with 2,461,859 stock units crossing the market and Wisynco Group shed 39 cents to close at $20.11 as investors exchanged 126,166 shares.
In the preference segment, Jamaica Public Service 7% lost $3 and ended at $45 in trading 143 stock units. JMMB Group 7% preference share rallied 30 cents to end at $2.85, with 504 stocks changing hands, 138 Student Living preference share jumped $32.70 in closing at $218 in an exchange of 3 units, Productive Business Solutions 9.75% preference share climbed $4.99 to $119.99 with investors dealing in 22 stocks and Sygnus Credit Investments C10.5% popped $5 to end at $107 while exchanging 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks edged out risers on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 136 percent after a 25 percent fall in the amount of US dollars changing hands than on Monday, resulting in trading in nine securities, compared to 11 on Monday with prices of three rising, four declining and two ending unchanged.
The market closed with an exchange of 407,861 shares for US$34,259 compared to 172,660 units at US$45,981 on Monday.
Trading averaged 45,318 units at US$3,807 versus 15,696 shares at US$4,180 on Monday, with a month to date average of 65,370 shares at US$4,599 compared with 67,444 units at US$4,681 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index skidded 2.77 points to end the day at 245.64.
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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden sank 0.14 of a cent to close at 22.01 US cents in an exchange of 150 units, First Rock Real Estate USD share remained at 4.5 US cents with investors trading 2,043 stocks, Margaritaville ended at 10 US cents in switching ownership of 1,266 shares. Proven Investments climbed 0.9 of one cent in closing at 16 US cents while exchanging 134,548 stock units, Sygnus Credit Investments dipped 1.58 cents and ended at 7.41 US cents with 100,173 shares clearing the market, Sygnus Real Estate Finance USD share rose 2.25 cents to a 52 weeks’ high of 12.74 US cents after a transfer of 504 units and Transjamaican Highway lost 0.11 of a cent and ended at 2.07 US cents, with 167,984 stocks crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share advanced 0.9 of one cent in closing at US$1.169 with investors swapping 1,183 stock units and Sygnus Credit Investments E8.5% fell 29 cents to close at US$10.51, with 10 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in trading funds in JSE USD Market
Investors traded more securities on the Jamaica Stock Exchange US dollar market on Monday than on Friday, but the volume of stocks exchanged declined by 34 percent after 136 percent more US dollars passed through the market than on Friday, resulting in trading in 11 securities, up from nine on Friday with prices of two rising, three declining and six ending unchanged.
The market closed with an exchange of 172,660 shares for US$45,981 compared to 262,328 units at US$19,513 on Friday.
Trading averaged 15,696 units at US$4,180 versus 29,148 shares at US$2,168 on Friday, with a month to date average of 67,444 shares at US$4,681 compared with 74,934 units at US$4,754 on the previous trading day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index lost 0.78 points to close at 248.41.
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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.15 of a cent to 22.15 US cents after a transfer of 1,800 units, First Rock Real Estate USD share remained at 4.5 US cents after trading 2,000 stocks, Margaritaville ended at 10 US cents after an exchange of 100 shares. Productive Business Solutions dipped 3 cents and ended at US$1.70 with 100 stock units clearing the market, Proven Investments remained at 15.1 US cents after an exchange of 54,910 shares, Sterling Investments ended at 1.7 US cents with investors transferring 32,650 stocks. Sygnus Credit Investments remained at 8.99 US cents after 4,630 units crossed the exchange, Sygnus Real Estate Finance USD share ended at 10.49 US cents with a transfer of 8,553 stock units and Transjamaican Highway fell 0.01 of a cent in closing at 2.18 US cents as investors exchanged 42,737 shares.
In the preference segment, JMMB Group US8.5% preference share declined 3.9 cents and ended at US$1.16, with 24,699 units crossing the market and Sygnus Credit Investments E 8.5% rallied 40 cents to US$10.80 in an exchange of 481 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rises on lower trades
Trading ended on the Jamaica Stock Exchange US dollar market on Friday, with a sharp 66 percent decline in the volume of stocks exchanged following 14 percent more money changed hands than on Thursday, resulting in trading in nine securities, compared to six on Thursday with prices of four rising, one declining and four ending unchanged.
The market closed with an exchange of 262,328 shares for US$19,513 compared to 771,589 units at US$17,159 on Thursday.
Trading averaged 29,148 units at US$2,168 versus 128,598 shares at US$2,860 on Thursday, with a month to date average of 74,934 shares at US$4,754 compared with 81,084 units at US$5,101 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index rose 5.05 points to close at 249.19.
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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden ended at 22 US cents while exchanging 383 units, First Rock Real Estate USD share remained at 4.5 US cents after 182,833 stocks passed through the market, Margaritaville lost 2 cents to close at 10 US cents after an exchange of 14,391 shares. Proven Investments ended at 15.1 US cents with 8,040 stock units clearing the market, Sygnus Credit Investments remained at 8.99 US cents with traders dealing in 5,539 shares, Sygnus Real Estate Finance USD share gained 3.67 cents to end at 10.49 US cents, with 1,191 units crossing the exchange and Transjamaican Highway popped 0.08 of a cent and ended at 2.19 US cents in switching ownership of 44,284 stocks.
In the preference segment, JMMB Group US8.5% preference share rallied 3.89 cents in closing at US$1.199 after an exchange of 5,650 stock units and Productive Business Solutions 9.25% preference share rose US$2 to end at US$12 with investors transferring 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rise on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 598 percent after 30 percent more dollars entered the market than on Wednesday, resulting in trading in six securities, compared to 11 on Wednesday with prices of two rising, two declining and two ending unchanged.
The market closed with an exchange of 771,589 shares for US$17,159 compared with 110,543 units at US$13,237 on Wednesday.
Trading averaged 128,598 units at US$2,860 versus 10,049 shares at US$1,203 on Wednesday, with a month to date average of 81,084 shares at US$5,101 compared with 76,411 units at US$5,322 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 3.39 points to end the day at 244.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.3 of a cent and ended at 4.5 US cents and closed with an exchange of 8,159 units, MPC Caribbean Clean Energy remained at 54 US cents after exchanging 94 stocks, Proven Investments skidded 0.6 of one cent in closing at 15.1 US cents after 8,510 shares crossed the market. Sterling Investments gained 0.19 of a cent to end at 1.7 US cents while exchanging 110 stock units, Sygnus Credit Investments ended at 8.99 US cents with a transfer of 885 shares and Transjamaican Highway sank 0.09 of a cent to 2.11 US cents, with 753,831 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market get one new listing
One new security was listed on the Jamaica Stock Exchange US dollar market on Wednesday, with AS Bryden ordinary share started trading for the first time with the price falling 0.34 of a cent to 22 cents on a day when the volume of stocks that were exchanged declined 96 percent after 89 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to eight on Tuesday with prices of five rising, four declining and two ending unchanged.
The market closed with an exchange of 110,543 shares for US$13,237 compared to 2,937,043 units at US$118,791 on Tuesday.
Trading averaged 10,049 units at US$1,203 versus 367,130 shares at US$14,849 on Tuesday, with a month to date average of 76,411 shares at US$5,322 compared with 91,011 units at US$6,228 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dipped 8.85 points to end the day at 247.53.
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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden lost 0.34 of a cent and ended at 22 US cents after exchanging a mere 100 units, First Rock Real Estate USD share sank 0.2 of a cent to 4.2 US cents and closed with an exchange of 26,937 stocks, Margaritaville rose 2 cents to 12 US cents with a transfer of 100 shares. Productive Business Solutions skidded 7 cents in closing at US$1.73 while exchanging 18 stock units, Proven Investments advanced 1.2 cents to end at 15.7 US cents after a transfer of 2,347 shares, Sterling Investments popped 0.01 of a cent in closing at 1.51 US cents in switching ownership of 1,500 stocks. Sygnus Credit Investments ended at 8.99 US cents after an exchange of 23,534 units, Sygnus Real Estate Finance USD share lost 0.68 of one cent and ended at 6.82 US cents with investors transferring 2,547 stock units and Transjamaican Highway rallied 0.17 of a cent to close at 2.2 US cents in an exchange of 48,963 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.1601 with investors trading 1,341 stock units and JMMB Group 5.75% increased by 23.5 cents in closing at US$2.145 after 3,156 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.