Trading on Friday ended with the volume of shares declining 66 percent below Thursday’s turn after 31 percent less funds passed through the Jamaica Stock Exchange US dollar market and resulted in a few stocks rising than falling.
Trading ended with seven securities changing hands, compared to seven on Thursday with prices of two rising, one declining and four ending unchanged.
The JSE US Denominated Equities Index gained 1.50 points to end at 196.43. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 34,284 shares traded for US$5,704 compared to 99,799 units at US$8,317 on Thursday.
Trading averaged 4,898 units at US$815, compared to 14,257 shares at US$1,188 on Thursday and the month to date averages 91,262 at US$10,793 versus 117,547 units at US$13,830 on Thursday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital US share traded 1,527 shares at 6.9 US cents, Productive Business Solutions gained 3 cents to end at 98 US cents with 11 units clearing the market, Proven Investments ended at 22.8 US cents, with 12,237 stocks changing hands. Sygnus Credit Investments US$ share shed 0.9 of a cent to close at 12.08 US cents after trading 20,232 stock units, Sygnus Real Estate Finance USD share advanced 1 cent in closing at 16 US cents after an exchange of 26 units.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.999 in switching ownership of one stock unit and JMMB Group 6% ended unchanged at US$1.05 in trading 250 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks close higher on the JSE USD Market
Across the board fall for JSE US$ stocks
Trading dived sharply on Thursday, with investors exchanging 93 percent fewer shares than on Wednesday, with 97 pompared to six on Wednesday, trading ended with seven securities changing hands, with one rising and six declining.
The JSE US Denominated Equities Index lost 2.16 points to end at 194.93.
The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is based on earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 99,799 shares traded for US$8,317, down from 1,508,978 units at US$273,924 on Wednesday. Trading averaged 14,257 units at US$1,188 versus 251,496 shares at US$45,654 on Wednesday and the month to date averages 117,547 at US$13,830 versus 162,736 units at US$19,360 on Wednesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital US fell 0.1 of a cent to 6.9 US cents with an exchange of 150 shares, Margaritaville dropped 0.45 of a cent to 9 US cents with 11,073 stock units passing through the market, Proven Investments lost 0.2 of a cent to end at 22.8 US cents with 27,763 units changing hands. Sterling Investments fell 0.09 of a cent to close at 2 US cents with 660 shares traded, Sygnus Credit Investments USD declined 0.01 of a cent to finish at 12.98 US cents with investors switching ownership of 3,504 stocks and Transjamaican Highway shed 0.04 of a cent to end at 0.84 US cents with 56,609 units crossing the exchange.
In the preference segment, JMMB Group 6% rose 3 cents to US$1.05 with 40 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Proven drives JSE USD market trading – Wednesday
Proven Investment ended trading as the standout stock, having exchanged the most shares for the day after it ended with an exchange of 1,018,190 shares on the US dollar market on Wednesday, as the trade pushed the overall volume exchanged up 827 percent higher than on Tuesday after 3,652 percent more funds, came into the market and resulted in rising stocks outnumbered declining ones.
Six securities traded on Wednesday compared to five on Tuesday, with prices of three rising, one declining and two ending unchanged.
The JSE US Denominated Equities Index rose 4.66 points to 197.09. The PE Ratio, a measure used in computing appropriate stock values averages 12.3. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 1,508,978 shares traded for US$273,924 versus 162,849 units at US$7,301 on Tuesday. Trading averaged 251,496 units at US$45,654 compared to 32,570 shares at US$1,460 on Tuesday and the month to date averages 162,736 at US$19,360 versus 109,480 units at US$3,584 on Tuesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than its last selling price and two stocks with lower offers.
At the close, First Rock Capital US rose 0.01 of a cent to finish at 7 US cents with 469,000 shares traded, Proven Investments lost 0.99 of a cent to settle at 23 US cents with 1,018,190 stock units changing hands, Sterling Investments ended unchanged at 2.09 US cents with 27 stocks passing through the market. Sygnus Real Estate Finance USD share increased by 1 cent to 15 US cents with a transfer of 568 units and Transjamaican Highway rallied 0.13 of a cent to close at 0.88 of a US cent with 11,193 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.02 with 10,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sluggish trading for JSE US dollar market on Tuesday
Trading on Tuesday closed with the US dollar market declining as investors exchanged 83 percent fewer shares at 74 percent less the value than on Monday, resulting in falling stocks just nudging out those rising.
Trading ended with five securities changing hands, the same number as on Monday, with prices of one rising, two declining and two ending unchanged.
The JSE US Denominated Equities Index dropped 2.47 points to end at 192.43.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1. The PE ratio is based on earnings forecasted by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 162,849 shares traded for US$7,301 down from 931,949 units at US$28,540 on Monday. Trading averaged 32,570 units at US$1,460 compared to 186,390 shares at US$5,708 on Monday and the month to date averages 109,480 at US$3,584. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close of trading on Tuesday, First Rock Capital US lost 0.01 of a cent to end at 6.99 US cents with 7,199 shares changing hands, Margaritaville remained unchanged at 9.45 US cents with 3,415 stock units traded, Proven Investments rallied 0.09 of a cent to finish at 23.99 US cents with 20,736 units passing through the market, Sygnus Credit Investments USD based stock settled at 12.99 US cents with a transfer of 5,791 stocks and Transjamaican Highway fell 0.05 of a cent to 0.75 US cents with 125,708 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.