Trading slipped on the Jamaica Stock Exchange Main Market ended on Friday and pulled the Market indices with it after a 95 percent drop in the volume of stocks traded and an 87 percent fall in value compared with that on Thursday, with trading in 55 securities compared with 61 on Thursday and resulted in prices of 18 stocks rising, 23 declining and 14 ending unchanged.
The market closed with an exchange of 25,126,154 shares for $233,060,092, well down from 551,681,523 units at $1,798,734,217 on Thursday.
Trading averaged 456,839 shares at $4,237,456 compared to 9,043,959 units at $29,487,446 on Thursday and month to date, an average of 2,585,174 units at $9,516,984 compared with 3,224,837 units at $11,103,727 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
Carreras led trading with 10.79 million shares for 43 percent of total volume followed by Wigton Windfarm with 5.19 million units for 20.7 percent of the day’s trade, JMMB 9.5% preference share chipped in with 3.01 million units for 12 percent market share, as JMMB Group 7.25% preference share due 2024 ended with 1.66 million units for 6.6 percent total shares traded and GraceKennedy with 1.31 million units for 5.2 percent of the overall volume.
The All Jamaican Composite Index slipped 2,067.87 points to conclude trading at 365,157.55, the JSE Main Index skidded 1,505.24 points to wrap up trading at 326,418.42 and the JSE Financial Index rallied 0.09 points to 70.49.
The Main Market ended trading with an average PE Ratio of 13.1. 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 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden gained $3.25 in closing at $39 with an exchange of 314 stock units, Barita Investments lost 63 cents to end at $70, with 8,596 shares crossing the market, Eppley shed $2.49 to end at $37 with a transfer of 302 units. Eppley Caribbean Property Fund rose $2.49 to close at $40 after investors ended trading just two stocks, Jamaica Broilers rallied $1.09 and ended at $33.99 in an exchange of 5,449 shares, Jamaica Producers fell $2.52 to finish at $21.78 with 31,288 stock units clearing the market. Key Insurance dipped 35 cents and ended at $2.22 in trading 552 stocks, Kingston Wharves sank 75 cents to $29.25, with 3,427 units crossing the market, Mayberry Group increased 45 cents to close at $7.37 in an exchange of 1,721 shares.
NCB Financial skidded 50 cents to end at $64.50 with investors transferring 3,769 units, Scotia Group climbed 35 cents in closing at $47.05 in switching ownership of 193,476 stocks, Seprod shed $4.59 to finish at $78.81 and closed with an exchange of 2,012 stock units. Stanley Motta declined $1.07 to $6.03 after 3,605 shares passed through the market, Supreme Ventures popped 30 cents to finish at $23.80 after an exchange of 28,854 stock units and Wisynco Group dropped 51 cents and ended at $20.51 with investors trading 261,544 stocks.
In the preference segment, Jamaica Public Service 7% advanced $5 to end at $48 with 15 units crossing the exchange and Productive Business Solutions 9.75% preference share fell $9.92 in closing at $95.08 with traders dealing in 920 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Lacklustre trading on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 12 percent, with 38 percent lower value than on Thursday, resulting in trading in eight securities, compared to nine on Thursday with prices of four rising, one declining and three ending unchanged.
The market closed with an exchange of 209,773 shares for US$28,768 compared to 186,609 units at US$46,047 on Thursday.
Trading averaged 26,222 units at US$3,596 versus 20,734 shares at US$5,116 on Thursday, with a month to date average of 40,669 shares at US$3,482 compared to 45,694 units at US$3,442 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index rallied 0.59 points to cease trading at 244.03.
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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden rallied 0.01 of a cent to finish at 22.02 US cents with investors trading 8,914 units, First Rock Real Estate USD share increased 0.49 of one cent and ended at 4.5 US cents after an exchange of 2,133 stocks,
Margaritaville ended at 10 US cents in trading 3,335 shares. Proven Investments popped 0.99 of one cent to 14.89 US cents, with 181,504 stocks crossing the exchange, Sterling Investments fell 0.05 of a cent to end at 1.65 US cents in switching ownership of 1,267 shares, Sygnus Credit Investments rose 0.7 of a cent to 8 US cents as investors traded 2,983 stock units and Transjamaican Highway remained at 2.18 US cents after trading 9,137 stocks.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.19 after an exchange of 500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with an 84 percent rise in the volume of stocks that changed hands after a 48 percent jump in value compared with Tuesday, resulting in trading in seven securities, similar to Tuesday with prices of three rising, three declining and one ending unchanged.
The market closed with an exchange of 560,085 shares for US$19,785 compared with 304,275 stock units at US$13,337 on Tuesday.
Trading averaged 80,012 units at US$2,826 up from 43,468 shares at US$1,905 on Tuesday, with a month to date average of 61,740 shares at US$2,366 compared with March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index shed 5.61 points to wrap-up trading at 240.83.
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 four 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 fell 0.49 of one cent to close at 4.01 US cents in an exchange of 15,191 stocks,
Productive Business Solutions remained at US$1.70, with 2,540 units crossing the market, Proven Investments rallied 1.1 cents to 15.9 US cents with investors trading 29,228 shares. Sterling Investments shed 0.1 of a cent to end at 1.6 US cents, with an exchange of 11 stock units, Sygnus Credit Investments increased 0.98 of one cent in closing at 8 US cents in switching ownership of 1,120 shares, Sygnus Real Estate Finance USD share popped 0.03 of a cent to 9 US cents while exchanging 459 stocks and Transjamaican Highway dropped 0.03 of a cent in closing at 2.2 US cents after 511,536 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in trading on the JSE USD market
Trading jumped sharply on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 260 percent rise in the volume of stocks exchanged following a 288 percent rise in value compared to Thursday and resulting in trading in seven securities, compared to six on Thursday with prices of three rising, four declining.
The market closed with an exchange of 304,275 shares for US$13,337 compared to 84,506 units at US$3,441 on Thursday.
Trading averaged 43,468 units at US$1,905 up from 14,084 shares at US$574 on Thursday, compared with March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index skidded 1.39 points to end the day at 246.42.
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 four 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 shed 0.49 of one cent and ended at 4.5 US cents with traders dealing in 1,010 stock units,
Proven Investments fell 0.08 of a cent to 14.8 US cents while investors exchanged 2,670 shares, Sterling Investments popped 0.01 of a cent to close at 1.7 US cents after 2,500 units were traded. Sygnus Credit Investments dropped 1.58 cents in closing at 7.02 US cents after exchanging 62,162 stocks, Sygnus Real Estate Finance USD share lost 2.03 cents to end at 8.97 US cents with a transfer of 40,852 units and Transjamaican Highway increased 0.03 of a cent in closing at 2.23 US cents after an exchange of 194,681 stocks.
In the preference segment, JMMB Group US8.5% preference share rose 1 cent to US$1.19 with investors transferring 400 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 72 percent after 91 percent fall in value than on Wednesday, resulting in trading in six securities, compared to nine on Wednesday with price of no stock rising, two declining and four ending unchanged.
The market closed with an exchange of 84,506 shares for US$3,441 compared to 303,812 units at US$36,667 on Wednesday.
Trading averaged 14,084 units at US$574 versus 33,757 shares at US$4,074 on Wednesday, with a month to date average of 49,394 shares at US$3,593 compared with 50,886 units at US$3,720 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 1.31 points to close at 247.81.
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 five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AS Bryden shed 0.39 of one cent to 22.01 US cents while exchanging one share, First Rock Real Estate USD share ended at 4.99 US cents with traders dealing in 50 stocks, Margaritaville remained at 10 US cents, with 25 shares crossing the market. Proven Investments dropped 0.11 of a cent and ended at 14.88 US cents after trading 3,233 stocks and Transjamaican Highway remained at 2.2 US cents with investors dealing in 80,197 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.18 with 1,000 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the JSE USD market
Trading surged on Wednesday with a 97 percent jump in the volume of stocks changing hands on the Jamaica Stock Exchange US dollar market following a 221 percent jump in the value of stocks changing hands compared to Tuesday, resulting from trading in nine securities, up from eight on Tuesday and ended with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 303,812 shares for US$36,667 up from 154,383 units at US$11,426 on Tuesday.
Trading averaged 33,757 units at US$4,074 versus 19,298 shares at US$1,428 on Tuesday, with a month to date average of 50,886 shares at US$3,720 compared with 52,045 units at US$3,696 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index popped 0.33 points to settle at 249.15.
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 none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.99 US cents while investors exchanged 3,813 stocks, Margaritaville dipped 0.99 of one cent to 10 US cents, with 22,170 units crossing the market, Proven Investments ended at 14.99 US cents after an exchange of 9,156 shares.
Sterling Investments advanced 0.07 of a cent to close at 1.69 US cents with 58 stock units crossing the market, Sygnus Credit Investments lost 0.1 of a cent to end at 8.6 US cents in switching ownership of 11 shares, Sygnus Real Estate Finance USD share ended at 11 US cents, with 1,000 stocks changing hands and Transjamaican Highway rose 0.03 of a cent to 2.2 US cents and closed with an exchange of 245,862 units.
In the preference segment, JMMB Group US8.5% preference share rallied 1 cent to end at US$1.18 with 19,754 stock units clearing the market and JMMB Group 5.75% remained at US$2.12 with investors dealing in 1,988 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed after 551,681,523 shares were traded for $1,798,734,217 compared with 26,696,028 units at $155,976,938 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.2. 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.
Kingston Wharves skidded 30 cents to finish at $30 with investors transferring 29,870 units, Margaritaville lost $1.02 to end at $15.98 in switching ownership of 3 stocks, Mayberry Group slipped 46 cents in closing at $6.92 after 3,448 stock units passed through the market. NCB Financial advanced $1 to $65 in an exchange of 4,109 shares, Pan Jamaica rose $1.40 and ended at $49.90, with 2,533 stock units crossing the market, Sagicor Group gained 30 cents to finish at $41.50 after a transfer of 18,896 stocks. Scotia Group rallied 80 cents to end at $46.70 after 132,003 units were traded, Supreme Ventures sank 99 cents in closing at $23.50 with a transfer of 15,342 stocks, Sygnus Credit Investments skidded 30 cents to close at $10.50, with 63,922 units crossing the exchange and Sygnus Real Estate Finance fell $2.60 to $10.20 with traders dealing in 242 shares.
In the preference segment, Jamaica Public Service 7% rose 99 cents in closing at $43, with 6 stock units crossing the market, 138 Student Living preference share dipped 53 cents to close at $217.50 after exchanging 2 shares. Productive Business Solutions 10.5 % preference share advanced $11 to finish at $1110 and closed with an exchange of 249 stock units and Sygnus Credit Investments C10.5% popped $1 and ended at $110 with an exchange of 587 units.
The market closed with an exchange of 26,696,028 shares at $155,976,938 from 11,767,625 units at $77,270,952 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2024.
Lasco Manufacturing rallied 53 cents to close at $5.78, with 38,241 shares crossing the exchange. Margaritaville gained $1.02 to end at $17 in trading 596 stock units, MPC Caribbean Clean Energy rose $2.24 to $82.24 after an exchange of 55 units, Pan Jamaica sank $1.50 and ended at $48.50 with investors trading 44,310 stocks. Proven Investments popped 45 cents in closing at $22.45 in switching ownership of 302 units, Scotia Group dropped $1.43 to $45.90 with traders dealing in 2,177 shares, Seprod shed $1.24 to close at $83.40 while exchanging 24,514 stock units and Supreme Ventures increased $1.49 to $24.49 after a transfer of 111,813 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed after 15,645,101 shares were traded for $167,372,295 compared with 8,091,866 units at $89,053,515, on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.4. 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.
JMMB Group gained $1.50 and ended at $26.50 with investors trading 105,451 shares, Kingston Properties popped 40 cents to $8.40 with 185,028 stock units clearing the market, Kingston Wharves advanced 40 cents and ended at $30.40 after an exchange of 4,749 units. Massy Holdings rose $1 in closing at $90 in trading 10 shares, Mayberry Group gained 40 cents to end at $7.60 after an exchange of 32,888 units, Mayberry Jamaican Equities climbed 87 cents to close at $10.77 after 15,476 stocks passed through the market. NCB Financial increased 95 cents to $65.95 in an exchange of 277,782 stock units, Pan Jamaica skidded $1 and ended at $49 with 177,822 shares crossing the market, Sagicor Group rallied $1 to end at $41 while exchanging 1,083,084 stock units. Scotia Group rose 49 cents in closing at a 52 weeks’ high of $47.44 with traders dealing in 38,043 stocks, Seprod climbed 44 cents to close at $84.99 in an exchange of 55,720 units,
Sygnus Real Estate Finance increased $1.65 to $12.66 with investors trading 9,204 shares and Wisynco Group popped 50 cents to end at $21, with 48,442 stock units crossing the market.
The market closed with 8,091,866 shares being traded for $89,053,515 compared with 13,924,449 units at $141,822,725 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2024.
Lasco Manufacturing migrated to the Main market on Wednesday and rose 70 cents to end at $6.10 in an exchange of a mere 620 units, following an absence of meaningful offers to sell. Massy Holdings sank $1 in closing at $89, with 425 shares changing hands, Mayberry Group dropped 68 cents to $7.20 with an exchange of 2,660 stock units. MPC Caribbean Clean Energy sank $1.50 and ended at $93.50, with investors trading 52 shares, NCB Financial declined 70 cents to close at $65 with a transfer of 102,264 stocks, Portland JSX fell 40 cents to end at $10.50 after exchanging 79 units. Sagicor Group skidded $1.78 in closing at $40 with investors swapping 90,279 stock units, Seprod rallied 85 cents to $84.55 with 3,750 shares clearing the market, Stanley Motta lost 57 cents to close at $6.92 in switching ownership of 20,352 stock units. Sygnus Credit Investments shed 43 cents to end at $10.80, with 30,061 stocks crossing the market,
Sygnus Real Estate Finance increased 91 cents and ended at $11.01 in trading 4,794 units and Wisynco Group dropped 50 cents to $20.50 after a transfer of 6,113 stocks.