Trading activity dipped on the Jamaica Stock Exchange Main Market on Monday, with a 44 percent drop in the volume of stocks traded, with an 82 percent lower value than on Friday, following trading in 61 securities as was the case on Friday, with prices of 15 stocks rising, 28 declining and 18 unchanged.
The market ended trading of 6,145,603 shares at $29,633,029 compared to 10,926,398 units at $160,297,742 on Friday.
Trading averaged 100,748 shares at $485,787 compared to 179,121 units at $2,627,832 on Friday and month to date, an average of 1,117,606 units at $4,292,885 compared with 1,231,003 units at $4,717,442 on the previous day and March with an average of 828,473 units at $2,341,254.
Transjamaican Highway led trading with 2.33 million shares for 37.9 percent of total volume followed by Wigton Windfarm with 1.53 million units for 25 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 541,191 stocks for 8.8 percent market share.
The All Jamaican Composite Index lost 64.70 points to close at 366,436.25, the JSE Main Index rose 255.28 points to end the day at 327,010.52 and the JSE Financial Index shed 0.11 points to end at 70.08.
The Main Market ended trading with an average PE Ratio of 13.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, AS Bryden increased $1.02 and ended at $40 with investors trading 4,641 shares, Barita Investments shed 50 cents to $72.50 in an exchange of 5,198 shares, Caribbean Cement lost $2.25 in closing at $57.24 with investors swapping 3,071 units. Eppley climbed $4 to close at $40 with a transfer of 2,500 stocks, Guardian Holdings sank $9.50 to finish at $360 after exchanging 347 units, Jamaica Stock Exchange rose 53 cents to end at $12.11 in switching ownership of 31,956 stocks. Kingston Wharves advanced 30 cents to $30.70 after a transfer of 7,584 shares, Mayberry Jamaican Equities fell 85 cents to finish at $10, with 9,216 stock units crossing the exchange, NCB Financial dropped $1.25 and ended at $65.25 with traders dealing in 25,786 shares. Scotia Group declined $2.93 to end at $44 in an exchange of 3,421 units, Seprod dipped $5.77 in closing at $77.58 with 9,441 stocks clearing the market, Stanley Motta slipped 75 cents to close at $6.05 with an exchange of 4,597 stock units. Supreme Ventures skidded $1 to $24 after 126,649 shares crossed the market and Wisynco Group dropped $1.39 to finish at $20.61 as investors exchanged 51,035 units.
In the preference segment, Jamaica Public Service 7% slipped $1.01 and ended at $46.99, with 110 stocks crossing the market, 138 Student Living preference share lost $3 to end at $210 after an exchange of 6 stock units, Productive Business Solutions 9.75% preference share popped $23.37 in closing at $118.45 with investors transferring 8 shares and Sygnus Credit Investments C10.5% dipped $6 to close at $104 after 379 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading jumped sharply on Monday over the miniscule amounts traded on Friday on the Jamaica Stock Exchange US dollar market, with the volume of stocks exchanged rising 1,470 percent after 223 percent more US dollars entered the market than on Friday, resulting in trading in 10 securities, compared to six on Friday with prices of one rising, seven declining and two ending unchanged.
The market closed with an exchange of 152,339 shares for US$5,545 compared to 9,705 units at US$1,717 on Friday.
Trading averaged 15,234 units at US$554 up from 1,618 shares at US$286 on Friday, with a month to date average of 32,963 shares at US$2,123 compared with 35,733 units at US$2,368 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index sank 0.73 points to conclude trading at 241.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.47 of a cent to end at 22.49 US cents after an exchange of 2,250 shares, First Rock Real Estate USD share declined 0.08 of a cent in closing at 4.02 US cents after 1,946 stocks passed through the market, MPC Caribbean Clean Energy fell 1 cent to 61 US cents with an exchange of 16 shares. Productive Business Solutions remained at US$1.59, with one stock unit crossing the market, Proven Investments dipped 0.18 of a cent to end at 13.73 US cents in swapping 3,455 shares, Sterling Investments lost 0.09 of a cent to close at 1.51 US cents with 301 stocks clearing the market. Sygnus Credit Investments slipped 0.27 of one cent to 7.6 US cents with investors swapping 7,851 units, Sygnus Real Estate Finance USD share ended at 9 US cents after a transfer of 540 stock units and Transjamaican Highway slipped 0.02 cent in closing at 2.2 US cents, with 135,904 shares changing hands.
In the preference segment, Sygnus Credit Investments E8.5% skidded 10 cents to finish at US$10.70 in an exchange of 75 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Muted trading on JSE USD market
Stocks hardly traded on the Jamaica Stock Exchange US dollar market ended on Friday, with a 97 percent plunge in the volume exchanged following a 90 percent fall in value compared with Thursday and resulted in trading in six securities, down from seven on Thursday with prices of two rising, four declining.
The market closed with an exchange of 9,705 shares for US$1,717 down sharply on 326,941 units at US$17,135 on Thursday.
Trading averaged 1,618 units at US$286 versus 46,706 shares at US$2,448 on Thursday, with a month to date average of 35,733 shares at US$2,368 compared with 39,263 units at US$2,583 on the previous day and March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index dipped 0.26 points to finish at 242.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share dipped 0.8 of one cent to end at 4.1 US cents with a transfer of 3,000 stocks, Proven Investments lost 0.09 of a cent in closing at 13.91 US cents, with 286 units crossing the market, Sygnus Credit Investments shed 0.09 of a cent to end at 7.87 US cents with trading of 426 shares and Transjamaican Highway declined 0.03 cent to finish at 2.22 US cents with 4,872 stock units clearing the market.
In the preference segment, JMMB Group US8.5% preference share advanced 0.85 of one cent and ended at US$1.1985 with traders dealing in 1,113 shares and Sygnus Credit Investments E8.5% rose 30 cents to close at US$10.80, with 8 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 40 percent after 167 percent more US dollars were exchanged than on Wednesday, resulting in trading in seven securities, compared to four on Wednesday with prices of three rising, three declining and one ending unchanged.
The market closed with an exchange of 326,941 shares for US$17,135 compared to 233,494 units at US$6,425 on Wednesday.
Trading averaged 46,706 units at US$2,448 versus 58,374 shares at US$1,606 on Wednesday, with a month to date average of 39,263 shares at US$2,583 compared with 38,241 units at US$2,602 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index popped 0.06 points to close at 242.41.
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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share rallied 0.83 of one cent to close at 4.9 US cents in switching ownership of 1,000 stock units, Proven Investments skidded 0.76 of one cent to 14 US cents as investors exchanged 3,588 shares, Sterling Investments ended at 1.6 US cents with trading taking place in 14,440 units. Sygnus Credit Investments popped 0.86 of one cent in closing at 7.96 US cents crossing the market 100 stocks and Transjamaican Highway increased 0.02 cent to finish at 2.25 US cents in an exchange of 303,149 shares.
In the preference segment, JMMB Group 5.75% fell 2 cents and ended at US$2.10 after closing with an exchange of 4,650 units and Sygnus Credit Investments E8.5% declined 30 cents to US$10.50 after an exchange of 14 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.