Jamaica’s stock market closed on Wednesday ahead of the holiday break on Thursday, with a 83 percent rise in the volume of stocks traded a 313 percent jump in value on the Jamaica Stock Exchange US ended dollar market over Tuesday, resulting in trading in seven securities, compared to 10 on Tuesday with prices of three rising, three declining and one ending unchanged.
The market closed Wednesday with an exchange of 276,289 shares for US$33,572 compared to 151,001 units at US$8,136 on Tuesday.
Trading averaged 39,470 units at US$4,796 versus 15,100 shares at US$814 on Tuesday, with a month to date average of 32,938 shares at US$2,906 compared with 32,471 units at US$2,771 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index popped 2.61 points to conclude trading at 238.61.
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 three 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 popped 0.01 of a cent to 4.12 US cents with investors swapping 3,306 stock units, Proven Investments rallied 0.74 of one cent and ended at 13.82 US cents with 102 shares clearing the market, Sygnus Credit Investments fell 1.3 cents to 7.7 US cents with trading of 100,000 units and Transjamaican Highway ended at 2.1 US cents after 159,023 stock units passed through the market.
In the preference segment, JMMB Group US8.5% preference share advanced 1 cent to end at US$1.27 with a transfer of 13,332 stock units, Productive Business Solutions 9.25% preference share sank 44 cents in closing at US$11.05 as investors traded 16 shares and Sygnus Credit Investments E8.5% lost 37 cents to end at US$10.03 after a transfer of 510 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on JSE USD Market
Rising stocks on top in JSE USD trading
Rising stocks edged out those declining at the close of trading on the Jamaica Stock Exchange US dollar market on Tuesday, following a 54 percent rise in the volume of stocks that changed hands after 11 percent fewer funds were swapped than on Monday and resulting in trading in 10 securities, up from five on Monday with prices of three rising, two declining and five ending unchanged.
The market closed with an exchange of 151,001 shares for US$8,136 compared to 98,295 units at US$9,105 on Monday.
Trading averaged 15,100 units at US$814 compared with 19,659 shares at US$1,821 on Monday, with a month to date average of 32,471 shares at US$2,771 compared with 34,445 units at US$2,994 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index dropped 2.51 points to 236.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.58 of one cent to end at 4.11 US cents, with 6,116 shares crossing the market, MPC Caribbean Clean Energy ended at 61 US cents with a transfer of 7 stock units, Proven Investments remained at 13.08 US cents, with 2,369 stocks crossing the exchange. Sterling Investments rose 0.07 of a cent to close at 1.6 US cents with traders dealing in 30 units, Sygnus Credit Investments declined 1 cent to finish at 9 US cents, with 38,346 stocks changing hands, Sygnus Real Estate Finance USD share remained at 8.8 US cents in trading 2,665 units and Transjamaican Highway ended at 2.1 US cents after an exchange of 101,316 shares.
In the preference segment, Productive Business Solutions 9.25% preference share advanced 44 cents in closing at US$11.49 with investors transferring 101 stock units, Sygnus Credit Investments US 8% popped 40 cents to end at US$11 in an exchange of a mere one share and Sygnus Credit Investments E8.5% ended at US$10.40 with investors swapping 50 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
The Jamaica Stock Exchange US dollar market ended trading on Monday, with a 65 percent decline in the volume of stocks exchanged having a 72 percent lower value than on Friday, after trading in five securities, similar to Friday and ended with prices of four rising, one declining leaving none unchanged.
The market closed with an exchange of 98,295 shares for US$9,105 compared to 280,988 units at US$32,878 on Friday.
Trading averaged 19,659 units at US$1,821 versus 56,198 shares at US$6,576 on Friday, with a month to date average of 34,445 shares at US$2,994 compared with 35,336 units at US$3,065 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index gained 1.51 points to end at 238.56.
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 one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville rose 0.2 of a cent to 10.01 US cents after exchanging 97 stock units, MPC Caribbean Clean Energy rose 1 cent to 61 US cents after 14 shares were traded, Proven Investments dropped 0.01 of a cent to close at 13.08 US cents after 12,602 stock units were exchanged. Sygnus Credit Investments popped 1.52 cents to end at 10 US cents, with 76,442 stocks changing hands and Transjamaican Highway climbed 0.05 of a cent in closing at 2.1 US cents after an exchange of 9,140 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.