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.
JSE USD Market get one new listing
New record close for JSE USD Market
Investors pumped 46 percent more funds into the US dollar market of the Jamaica Stock Exchange and drove the market to a new record high on Thursday, with the market ending with the volume of stocks exchanged declining by 72 percent compared to trading Wednesday and leading to trading in four securities, compared to seven on Wednesday with prices of two rising, one declining and one holding firm.
The market closed with an exchange of 74,096 shares for US$22,194 compared to 268,496 units at US$15,237 on Wednesday.
Trading averaged 18,524 units at US$5,548 versus 38,357 shares at US$2,177 on Wednesday, with a month to date average of 25,402 shares at US$3,063 compared with 26,421 units at US$2,695 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 2.33 points to a record high of 269.04.
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 one with a lower offer.
At the close of the market, First Rock Real Estate USD share popped 0.2 of a cent to close at 4.4 US cents with investors dealing in 5,000 units, Sygnus Credit Investments ended at 8.99 US cents with an exchange of 1,001 stocks and Transjamaican Highway dipped 0.13 of a cent and ended at 2.25 US cents with investors trading 50,128 shares.
In the preference segment, JMMB Group US8.5% preference share popped 1 cent to end at US$1.16, with 17,967 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Record high for JSE USD Market
Investors pushed the Jamaica Stock Exchange US dollar market to a record close on Wednesday, after 139 percent more stocks were exchanged with a 65 percent lower dollar value changed hands than on Tuesday, resulting in trading in seven securities, compared to five on Tuesday with prices of two rising, three declining and two ending unchanged.
The market closed with an exchange of 268,496 shares for US$15,237 compared to 112,337 units at US$43,069 on Tuesday.
Trading averaged 38,357 units at US$2,177 compared with 22,467 shares at US$8,614 on Tuesday, with a month to date average of 26,421 shares at US$2,695 compared with 22,243 units at US$2,876 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index gained 5.70 points to end at a record high of 266.81.
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 four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share skidded 0.3 of a cent and ended at 4.2 US cents with investors dealing in 2,000 units, Proven Investments remained at 14.5 US cents in switching ownership of 500 stocks, Sterling Investments fell 0.49 of one cent in closing at 1.5 US cents, with 3,522 shares crossing the market. Sygnus Credit Investments dipped 0.01 of a cent to close at 8.99 US cents after an exchange of 819 stock units and Transjamaican Highway popped 0.27 of a cent to end at 2.38 US cents and closed with 253,855 shares changing hands.
In the preference segment, JMMB Group US8.5% preference share increased by 0.1 of a cent in closing at US$1.15 with traders dealing in 7,600 stock units and JMMB Group 5.75% ended at US$1.90 after a transfer of 200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.