Trading virtually dried up on Wednesday on the Jamaica Stock Exchange US dollar market, with just two securities changing hands, compared to five on Tuesday but the volume of stocks changing hands rising by 977 percent with the value surging 1,915 percent higher than on Tuesday.
Trading ended with prices of no stock rising or declining and two ending unchanged.
The JSE US Denominated Equities Index popped a mere 0.01 point to end at 214.38. The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
A mere 174,820 shares traded for US$39,324 compared to 16,239 units at US$1,951 on Tuesday.
Trading averaged 87,410 units at US$19,662, compared to 3,248 shares at US$390 on Tuesday and month to date averaging 594,405 shares at US$80,616 versus 614,287 units at US$83,006 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Proven Investments remained at 22.5 US cents after an exchange of 174,795 shares and Sygnus Credit Investments USD share ended at 12.9 US cents with the trading of 25 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE USD market
Steady JSE USD market trading
Trading ended with the volume of shares changing hands declining on Tuesday, after 82 percent fewer shares traded with 76 percent lower value than Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to seven on Monday, with prices of one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 0.19 points to end at 214.37. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses earnings forecasts done by ICInsider.com or each company with the financial year ending during the current year up to August 2022.
Overall, 16,239 shares traded, for US$1,951 down from 89,952 units at US$7,974 on Monday. Trading averaged 3,248 units at US$390, compared to 12,850 shares at US$1,139 on Monday, with the month to date averaging 614,287 shares at US$83,006 versus 680,705 units at US$91,986 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share gained 0.02 of a cent to end at 6.07 US cents after trding 7,292 shares, Margaritaville lost 1 cent to close at 10 US cents with the swapping of 1,501 units, Proven Investments finished unchanged at 22.5 US cents, with 5,672 stock units crossing the market. Sterling Investments dipped 0.1 of a cent in ending at 2 US cents with 1,349 stocks clearing the market and Sygnus Credit Investments USD share fell 0.08 of a cent to end at 12.9 US cents in exchanging 425 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD jumps 7% on Monday
Trading on Monday ended with the volume of shares changing hands declining after a fraction of shares exchanged on Friday, passed through the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling and the market rose 7 percent for the day.
Seven securities traded, compared to five on Friday, with five rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index surged 14.55 points to end at 214.56, up 15 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 89,952 shares traded, for US$7,974 compared to 25,247,952 units at US$3,090,795 on Friday. Trading averaged 12,850 units at US$1,139, versus 5,049,590 shares at US$618,159 on Friday and month to date averages 680,705 shares at US$91,754 versus 800,576 units at US$108,018 on Friday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and no stock with a lower offer.
At the close, Margaritaville rose 1 cent to 11 US cents in switching ownership of 8,310 shares, Productive Business Solutions rose 17.25 cents to a 52 weeks’ high of US$1.334 with the swapping of 29 stocks, Proven Investments fell 0.5 of a cent to end at 22.5 US cents after exchanging 28,513 stock units. Sterling Investments ended at 2.1 US cents in an exchange of 3,000 units, Sygnus Credit Investments USD share spiked 0.98 of a cent to close at 12.98 US cents after two shares changed hands shares and Transjamaican Highway popped 0.07 of a cent to 0.86 US cents with 50,000 units clearing the market.
In the preference segment, Equityline Mortgage Investment preference share advanced 9.9 cents to end at US$1.999 after trading 98 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Huge surge in trading on JSE USD market
Friday ended with a big bump in trading activity with an unusually large volume of shares changing hands after surging 5,301 percent higher than trades on Thursday, with a 10,412 percent higher value, at the close of the Jamaica Stock Exchange US dollar market.
Trading ended with five securities changing hands, versus six on Thursday with prices of two rising and two declining and one trading firm.
The JSE US Denominated Equities Index skidded 4.71 points to end at 200.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1. The PE ratio is computed based on ICInsider.com earnings forecasts for each company with their financial year ending up to August 2022.
The volume of shares traded surged to 25,247,952 for US$3,090,795, up from just 467,492 units at US$29,403 on Thursday. Trading averaged 5,049,590 shares at US$618,159, sharply up from 77,915 units at US$4,901 on Thursday and month to date an average of 800,576 units at US$108,292 versus 175,721 shares at US$33,311 on Thursday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rose 0.05 of a cent to end at 6.05 US cents in switching ownership of 10 million shares, Proven Investments traded 6,460,229 shares and lost 0.9 of a cent to close at 23 US cents. Sygnus Credit Investments USD share rose 0.75 of a cent in closing at 12 US cents with 5,008,385 stocks crossing the market, Sygnus Real Estate USD share fell 0.9 of a cent to 13.1 US cents after trading 3,000,500 stock units and Transjamaican Highway ended at 0.79 US cents after an exchange of 778,838 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.