Trading on Thursday, ended with the volume of shares changing hands slipping 53 percent with 71 percent lower value than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in far more stocks rising than falling.
Trading ended with seven securities changing hands, compared to nine on Wednesday with prices of four rising, one declining and two holding firm.
The JSE US Denominated Equities Index gained 1.16 points to end at 200.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 185,440 shares traded for US$13,723 compared to 397,370 units at US$47,370 on Wednesday.
Trading averaged 26,491 units at US$1,960, compared to 44,152 shares at US$5,263 on Wednesday and month to date averaging 77,951 shares at US$7,312 versus 81,287 units at US$7,659 on the prior day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share increased 0.1 of a cent to 6.99 US cents while trading 31,191 shares, Proven Investments rallied 1.75 cents to 22.75 US cents after 26,155 stock units changed hands, Sterling Investments remained at 2.1 US cents while exchanging 10,000 stocks. Sygnus Credit Investments USD share gained 0.25 of a cent to close at 12.95 US cents after trading 2,346 units and Transjamaican Highway shed 0.02 of a cent in closing at 0.83 of one US cent in swapping of 113,477 stocks.
In the preference segment, JMMB Group 5.75% popped 7 cents to US$2.09, with 2,000 stock units crossing the market and JMMB Group 6% finished at US$1.15 in an exchange of 271 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most JSE USD stocks rose on Thursday
Trading picks up on the JSE USD market
Trading on Wednesday, on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands rising 227 percent, with 1071 percent higher value than on Tuesday, resulting in a three way split in stocks rising, falling and those closing unchanged.
Nine securities traded compared to six on Tuesday, with stocks rising, declining and ending unchanged sharing three each. The JSE US Denominated Equities Index rose 0.62 points to end at 198.91.
PE Ratio, a measure used in computing appropriate stock values, averages 12.5.
The market’s PE ratios are computed using ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 397,370 shares traded for US$47,370 compared to 121,697 units at US$4,044 on Tuesday. Trading averages 44,152 units at US$5,263, compared to 20,283 shares at US$674 on the previous day and the month to date averages 81,287 shares at US$7,659 versus 84,663 units at US$7,876 on Tuesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share ended at 6.89 US cents with 38 shares crossing the exchange, MPC Caribbean Clean Energy fell 4.2 cents to end at US$1.20 in an exchange of 20 stocks, Proven Investments popped 0.45 of one cent to close at 21 US cents in switching ownership of 186,658 units. Sterling Investments ended at 2.1 US cents in exchanging 232 stock units, Sygnus Credit Investments USD share climbed 0.4 of a cent in ending at 12.7 US cents after 6,350 stock units crossed the market, Sygnus Real Estate Finance USD share shed 0.3 of a cent to 13.5 US cents after exchanging 1,463 stocks and Transjamaican Highway advanced 0.02 of a cent after ending at 0.85 of one US cent in trading 200,000 units.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.999 after trading 9 shares and JMMB Group 5.75% dropped 12 cents to close at US$2.02 with an exchange of 2,600 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling prices dominate JSE USD market
Trading on Tuesday ended with the volume of shares changing hands declining 85 percent with a 96 percent fall in value than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks declining than rising.
Trading ended with six securities changing hands, similar to Monday, with the price of one rising, four falling and one ending unchanged.
The JSE US Denominated Equities Index lost 2.33 points to end at 198.06. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 121,697 shares traded, for US$4,044 in contrast to 805,542 units at US$92,182 on Monday. Trading averaged 20,283 units at US$674, down from 134,257 shares at US$15,364 previously and month to date averages 84,663 shares at US$7,876 versus 88,816 units at US$8,341 on Monday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and four stocks with lower offers.
At the close, First Rock Capital USD share fell 0.04 of a cent in closing at 6.89 US cents after exchanging 200 shares, Proven Investments shed 1.45 cents to end at 20.55 US cents, with 13,320 units changing hands, Sygnus Credit Investments USD share lost 0.69 of a cent to close at 12.3 US cents in trading just one stock unit and Transjamaican Highway declined 0.06 of a cent to end at 0.83 of one US cent trading 107,900 stocks.
In the preference segment, Eppley 6% remained at 98 US cents in an exchange of 26 units and JMMB Group 6% gained 10 cents after ending at US$1.15 trading 250 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners beat losers 2 to 1 on JSE USD Market
Trading on Monday ended with the volume of shares changing hands declining 57 percent with 72 percent lower value than on Friday, but the Jamaica Stock Exchange US dollar market closed with twice the number of stocks rising than falling.
Similar to trading on Friday six securities changed hands, with four rising and two declining. The JSE US Denominated Equities Index lost 0.67 points to end at 200.39.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 805,542 shares traded for US$92,182, down from 1,856,215 units at US$329,297 on Friday.
Trading averaged 134,257 units at US$15,364, compared to 309,369 shares at US$54,883 on Friday and month to date an average of 88,816 shares at US$8,341 versus 85,682 units at US$7,857 on the previous day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share advanced 0.38 of a cent to end at 6.93 US cents after exchanging 56 shares, Margaritaville dropped 2.94 cents at 12.01 US cents and closed with 68 stock units changing hands, Proven Investments declined 1 cent in closing at 22 US cents after trading 417,536 stocks. Sygnus Credit Investments USD share popped 1.49 cents to 12.99 US cents, with 7,696 units clearing the market with, Sygnus Real Estate Finance USD share gained 1.8 cents to close at 13.8 US cents in exchanging 272 stock units and Transjamaican Highway rose 0.03 of a cent in ending at 0.89 of one US cents trading 379,914 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.