Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 598 percent after 30 percent more dollars entered the market than on Wednesday, resulting in trading in six securities, compared to 11 on Wednesday with prices of two rising, two declining and two ending unchanged.
The market closed with an exchange of 771,589 shares for US$17,159 compared with 110,543 units at US$13,237 on Wednesday.
Trading averaged 128,598 units at US$2,860 versus 10,049 shares at US$1,203 on Wednesday, with a month to date average of 81,084 shares at US$5,101 compared with 76,411 units at US$5,322 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 3.39 points to end the day at 244.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 two with lower offers.
At the close, First Rock Real Estate USD share rose 0.3 of a cent and ended at 4.5 US cents and closed with an exchange of 8,159 units, MPC Caribbean Clean Energy remained at 54 US cents after exchanging 94 stocks, Proven Investments skidded 0.6 of one cent in closing at 15.1 US cents after 8,510 shares crossed the market. Sterling Investments gained 0.19 of a cent to end at 1.7 US cents while exchanging 110 stock units, Sygnus Credit Investments ended at 8.99 US cents with a transfer of 885 shares and Transjamaican Highway sank 0.09 of a cent to 2.11 US cents, with 753,831 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rise on the JSE USD market
JSE USD Market get one new listing
One new security was listed on the Jamaica Stock Exchange US dollar market on Wednesday, with AS Bryden ordinary share started trading for the first time with the price falling 0.34 of a cent to 22 cents on a day when the volume of stocks that were exchanged declined 96 percent after 89 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to eight on Tuesday with prices of five rising, four declining and two ending unchanged.
The market closed with an exchange of 110,543 shares for US$13,237 compared to 2,937,043 units at US$118,791 on Tuesday.
Trading averaged 10,049 units at US$1,203 versus 367,130 shares at US$14,849 on Tuesday, with a month to date average of 76,411 shares at US$5,322 compared with 91,011 units at US$6,228 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dipped 8.85 points to end the day at 247.53.
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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden lost 0.34 of a cent and ended at 22 US cents after exchanging a mere 100 units, First Rock Real Estate USD share sank 0.2 of a cent to 4.2 US cents and closed with an exchange of 26,937 stocks, Margaritaville rose 2 cents to 12 US cents with a transfer of 100 shares. Productive Business Solutions skidded 7 cents in closing at US$1.73 while exchanging 18 stock units, Proven Investments advanced 1.2 cents to end at 15.7 US cents after a transfer of 2,347 shares, Sterling Investments popped 0.01 of a cent in closing at 1.51 US cents in switching ownership of 1,500 stocks. Sygnus Credit Investments ended at 8.99 US cents after an exchange of 23,534 units, Sygnus Real Estate Finance USD share lost 0.68 of one cent and ended at 6.82 US cents with investors transferring 2,547 stock units and Transjamaican Highway rallied 0.17 of a cent to close at 2.2 US cents in an exchange of 48,963 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.1601 with investors trading 1,341 stock units and JMMB Group 5.75% increased by 23.5 cents in closing at US$2.145 after 3,156 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big surge in JSE USD trading
Trading surged on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 4,733 percent leap in the volume of stocks exchanged after a 256 percent jump in the amount of money changing hands compared to Monday, resulting in trading in eight securities, compared to seven on Monday with prices of three rising, three declining and two ending unchanged.
The market closed with an exchange of 2,937,043 shares for US$118,791 compared to 60,767 units at US$33,398 on Monday.
Trading averaged 367,130 units at US$14,849 versus 8,681 shares at US$4,771 on Monday, with a month to date average of 91,011 shares at US$6,228 compared with 38,416 units at US$4,586 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 8.81 points to settle at 256.38.
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 six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville slipped 1 cent to 10 US cents in an exchange of 534 stocks, MPC Caribbean Clean Energy dipped 1 cent to 54 US cents, with 176 units crossing the market, Proven Investments popped 0.1 of a cent to end at 14.5 US cents as investors exchanged 384,951 shares. Sygnus Credit Investments remained at 8.99 US cents after a transfer of 2,814 stocks and Transjamaican Highway fell 0.24 of a cent to close at 2.03 US cents in clearing the market of 2,543,144 shares.
In the preference segment, JMMB Group US8.5% preference share rose 1.01 cents to US$1.1601 in an exchange of 1,329 stocks. JMMB Group 5.75% ended at US$1.91 with investors transferring 4,093 units and Sygnus Credit Investments US8% climbed 10 cents to close at US$10.60 after an exchange of two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.