Bulls exchanged 82 percent more shares with 72 percent less funds on Thursday than Wednesday and sent the JSE US Denominated Equities Index soaring 13.22 points to 195.60, with seven securities changing hands, down from eight on Wednesday with four rising, two declining and one ending unchanged as trading in September ended on the JSE USD market.
The PE Ratio, a measure that is used in the computation of appropriate stock values, averages 12.2 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 55,270 shares traded for US$7,967, down from 315,126 units at US$28,881 on Wednesday. Trading averaged 7,896 units at US$1,138 versus 39,391 shares at US$3,610 on Wednesday and the month to date averages 853,681 at US$132,197 versus 904,284 units at US$140,038 on Wednesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital rose half a cent to finish at 7 US cents with 7,115 shares traded, MPC Caribbean Clean Energy remained at US$1 with an exchange of 10 units, Productive Business Solutions gained 15 cents to 90 US cents with two stocks changing hands. Proven Investments rallied 1 cent to close at 24 US cents, with the swapping of 25,215 stock units, Sterling Investments advanced 0.09 of a cent to 2.09 US cents with 720 units passing through the market, Sygnus Credit Investments USD share declined by 0.01 of a cent to end at 12.99 US cents with a transfer of 12,208 stocks and Transjamaican Highway lost 0.01 of a cent to close at 0.96 US cents with 10,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Strong finish for JSE US market on Thursday
JSE US market drops back on Wednesday
Trading on the JSE USD market returned to more recent sedate levels after finishing with sharply lower volumes and value of stocks changing hands on Wednesday and ending with declining stocks just edging out those rising.
Trading ended with eight securities changing hands, compared to seven on Tuesday with prices of three stocks rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index dropped 4.41 points to finish at 182.38. The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 315,126 shares traded for US$28,881 compared to the huge total of 64,942,767 units at US$15,026,017 on Tuesday. Trading averaged 39,391 units at US$3,610, up from 9,277,538 shares at US$2,146,574 on Tuesday and the month to date averages 904,284 at US$140,038 versus 967,762 units at US$150,051 on Tuesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital fell half a cent to 6.5 US cents, with 116 shares changing hands, Margaritaville rose 1.4 cents to finish at 10.4 US cents with investors switching ownership of 234 stocks, Proven Investments dropped 0.15 of a cent to end at 23 US cents with an exchange of 103,455 stock units. Sterling Investments declined by 0.09 of a cent to close at a 52 weeks’ low of 2 US cents with 189 units passing through the market, Sygnus Credit Investments USD share gained 1.24 cents to settle at 13 US cents with a transfer of 500 shares and Transjamaican Highway remained at 0.97 US cents with 207,933 stocks crossing the exchange.
In the preference segment, Equityline Mortgage Investment preference share lost 9.9 cents to end at US$1.90 with one unit traded and JMMB Group 6% rallied 3 cents to US$1.04 with 2,698 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Proven dominance shows on JSE USD market
Proven Investments traded 65 million shares on Tuesday, dominated trading with 99.96 percent of the day’s volume on the JSE USD market closed and leading to the volume of shares changing hands 104 percent valued 3,756 percent more than on Monday.
Seven securities traded, on a day when no stock gained compared to six on Monday and ended, with prices of four declining and three ending unchanged. The US Denominated Equities Index fell 1.10 points to end at 186.79.
The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 64,942,767 shares traded for US$15,026,017, up from 31,764,409 units at US$389,704 on Monday. Trading averaged 9,277,538 units at US$2,146,574, compared to 5,294,068 shares at US$64,951 on Monday and the month to date averages 967,76 shares at US$150,051 versus to 397,483 units at US$13,035 on Monday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital remained at 7 US cents with an exchange of 5,479 shares, MPC Caribbean Clean Energy settled at US$1 with a transfer of 498 stocks, Proven Investments declined by 0.34 of a cent to end at 23.15 US cents with 64,918,595 units changing hands. Sterling Investments finished at 2.09 US cents with investors switching ownership of 200 stock units, Sygnus Credit Investments USD dropped 1.24 cents to 11.76 US cents with a transfer of 6,530 shares and Transjamaican Highway lost 0.03 of a cent to close at 0.97 US cents with 553 units crossing the exchange.
In the preference segment, JMMB Group 6% fell 3 cents to close at US$1.01 after exchanging 10,912 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading spike on JSE USD market on Monday
Eight times more money passed through the JSE USD market on Monday with the volume of shares trading surging 5,076 percent over Friday’s and resulted in more stocks rising than falling after trading cooled down.
Six securities traded down from seven on Friday with four rising, one declining and one ending unchanged. The JSE US Denominated Equities Index rallied 4.68 points to 187.89. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 31,764,409 shares traded for US$389,704 up from 613,698 units at US$47,818 on Friday. Trading averaged 5,294,068 units at US$64,951 compared to 87,671 shares at US$6,831 on Friday and month to date averages, 397,483 at US$13,035 versus 91,447 units at US$9,791 on Friday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and two with lower offers.
At the close, First Rock Capital remained at 7 US cents after 884,883 shares traded, Proven Investments gained 0.29 of a cent to end at 23.49 US cents with an exchange of 5,665 stocks, Sterling Investments lost 0.05 of a cent to end at 2.09 US cents with 150,632 units changing hands. Sygnus Credit Investments USD gained 0.1 of a cent to finish at 13 US cents with a transfer of 86,783 stock units and Transjamaican Highway advanced 0.18 cents to settle at 1 US cent with 30,628,178 shares crossing the exchange.
In the preference segment, JMMB Group 6% popped 1 cent to close at US$1.04 with 8,268 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.