More shares were traded on the Jamaica Stock Exchange Main Market on Friday, than on Thursday with the market value falling at the close after the volume of stocks traded rose 67 percent and the value jumped 204 percent more than on Thursday, with 54 securities trading compared to 50 on Thursday, with 23 rising, 20 declining and 11 ending unchanged.
A total of 7,640,097 shares were exchanged for $172,839,636, up from 4,582,527 units at $56,809,986 on Thursday. Trading averaged 141,483 units at $3,200,734 versus 91,651 shares at $1,136,200 on Thursday and month to date, an average of 211,382 shares at $2,404,846 compared to 217,620 units at $2,333,808 on the prior day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 1.67 million shares for 21.8 percent of total volume followed by JMMB Group with 1.34 million units for 17.5 percent of the day’s trade and PanJam Investment with 1.02 million units for 13.4 percent market share.
The All Jamaican Composite Index shed 582.84 points to end at 408,044.98, the JSE Main Index fell 1,441.22 points to end the week at 358,501.27 and the JSE Financial Index popped 0.08 points to close at 85.34.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement lost $3.30 in closing at $59.10 after exchanging 2,724 shares, Eppley rose $1.49 to close at $40.50, with 561 stock units crossing the market, GraceKennedy declined 50 cents to $93, with an exchange of 20,390 stocks. Guardian Holdings dipped $4 to $495 in exchanging 4,371 units, Jamaica Broilers climbed $1.50 to $30 as investors traded 112,061 shares, Jamaica Producers gained 45 cents to end at $19.50 in switching ownership of 3,198 stock units. Jamaica Stock Exchange shed 54 cents to close at $15.94 while exchanging 20,184 units, Massy Holdings dropped $3 in closing at $87, with 8,259 stocks changing hands, Mayberry Jamaican Equities fell $1 to $12 with a transfer of 6,110 shares. NCB Financial fell 49 cents to $88.51, with 80,705 units changing hands, Palace Amusement rallied $114.98 to $845 with investors transferring four stocks, PanJam Investment dipped 70 cents to close at $58.30, with 1,020,796 stock units clearing the market. Proven Investments popped 43 cents to end at $31.98 after a transfer of 24,698 shares, Sagicor Group increased 51 cents in ending at $53.51 after trading 1,856 stock units, Scotia Group advanced 50 cents in closing at $35, with 169,077 units crossing the market.Seprod rose 88 cents in ending at $69.90 after an exchange of 66,269 stocks and Supreme Ventures shed 51 cents to close at $27.50 in trading 89,674 stocks.
In the preference segment, Eppley 5% preference share gained $2.01 to end at a 52 weeks’ high of $23.90 in exchanging two units and Eppley 7.50% preference share increased 40 cents to $7.90 after trading 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD market jumps Friday
The Jamaica Stock Exchange US dollar market closed on Friday, with the market Index gaining 7.79 points to end at 212.91 after the volume of stocks traded rose 597 percent and the value climbed 139 percent more than on Thursday, resulting in nine securities traded, compared to eight on Thursday, with prices of four rising, two declining and three ending unchanged.
Overall, 1,269,887 shares were traded for US$37,144 compared to 182,299 units at US$15,525 on Thursday.
Trading averaged 141,099 units at US$4,127, up from 22,787 shares at US$1,941 Thursday, with a month to date average of 59,673 units at US$5,153 versus 51,620 at US$5,255 on the previous day. August ended with an average of 53,206 units for US$7,288.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share increased 0.9 of a cent to close at 4.9 US cents, with 5,995 shares changing hands, Productive Business Solutions remained at US$1.3225, with 5,000 stock units crossing the market, Proven Investments ended at 22 US cents, with 49,000 units changing. Sterling Investments ended at 2.09 US cents, with 536 stocks crossing the exchange, Sygnus Credit Investments J$ share climbed 1.79 cents to end at 14.99 US cents after exchanging 150 stocks, Sygnus Credit Investments USD share declined 0.2 of a cent to 11 US cents while exchanging 76,230 units and Transjamaican Highway advanced 0.04 of a cent to 0.9 of none US cent after a transfer of 1,132,310 stock units.
In the preference segment, JMMB Group 5.75% rose 5 cents to close at US$1.80 with investors transferring 446 shares and JMMB Group 6% shed 2 cents to end at US$1.05 in switching ownership of 220 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Scotiabank jumped TT$10.60 on Friday
Scotiabank jumped $10.60 to an all-time high of $89 after exchanging 301,858 units valued at $23.66 million after the bank reported a 13 percent rise in profit to TT$521 million for the nine months to July this year over 2021 at the same time, GraceKennedy traded 1.3 million shares, pushing market activity on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 633 percent more and the value 469 percent more than on Thursday.
Trading ended with an exchange of 21 securities compared to 17 on Thursday, with prices of eight rising, six declining and seven left unchanged after 1,876,059 shares were traded for $33,392,953, up from 255,936 units at $5,863,958 on Thursday.
An average of 89,336 units were traded at $1,590,141 compared to 15,055 shares at $344,939 on Thursday, with trading for the month to date averaging 40,991 units at $489,001 compared with 35,965 units at $374,526 on the previous day. Trading in August averaged 40,829 units at $378,385.
The Composite Index lost 0.54 points to close at 1,364.24, the All T&T Index declined 1.85 points to 2,029.66 and the Cross-Listed Index added 0.12 points to settle at 91.29.
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, Angostura Holdings ended at $25 in trading 20,000 shares, Ansa McAl lost $2 to end at $57 with 1,520 units changing hands, Clico Investment Fund rose 43 cents to $29.93, with 13,651 stocks crossing the exchange. Endeavour Holdings fell 50 cents to $7, with an exchange of 2,335 stock units, First Citizens Group shed 1 cent to end at $50.50 after swapping 369 units, GraceKennedy rallied 5 cents to $5.30 in switching ownership of 1,300,000 stocks. Guardian Holdings dipped 2 cents to $25.50 with investors transferring 735 shares, JMMB Group remained at $2.30 with an exchange of 117,400 stock units, L.J. Williams B share ended at $2.20 while exchanging 100 stocks. Massy Holdings popped 2 cents to $4.79 in trading 2,603 shares, National Enterprises dropped 10 cents to close at $3.35, with 3,491 units clearing the market, National Flour Mills declined 18 cents in closing at $1.40 after exchanging 24,313 stock units. NCB Financial Group increased 4 cents to $4.99 in trading 30,691 units, Point Lisas popped 2 cents to $3.11 after a transfer of 2,861 shares, Prestige Holdings gained 40 cents to close at $6.40 with a transfer of 418 stock units. Republic Financial Holdings ended at $140 after trading 4,100 stocks, Trinidad & Tobago NGL rose 10 cents to close at $22 after 20,120 stocks crossed the market. Trinidad Cement ended at $3.55 after trading 20,000 shares, Unilever Caribbean remained at $13.35, with 1,066 stock units changing hands and West Indian Tobacco remained at $23 as investors exchanged 8,428 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gain for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 72 percent and valued 17 percent less than on Wednesday, resulting in eight securities trading, compared to 10 on Wednesday with prices of three rising, one declining and four ending unchanged.
Overall, 182,299 shares were traded for US$15,525, down from 653,653 units at US$18,774 on Wednesday.
Trading averaged 22,787 units at US$1,941 compared with 65,365 shares at US$1,877 on Wednesday, with a month to date average of 51,620 shares at US$5,255 versus 54,399 units at US$5,574 on the previous day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index added 1.18 points to end at 205.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents with the swapping of 149,648 shares, MPC Caribbean Clean Energy ended at US$1 in switching ownership of 13 units, Productive Business Solutions ended at US$1.3225 in an exchange of two stock units. Proven Investments climbed 1.5 cents to close at 22 US cents after exchanging 15,521 stocks, Sterling Investments remained at 2.09 US cents after just three shares crossed the market, Sygnus Credit Investments J$ share increased 1.2 cents to end at 13.2 US cents with an exchange of 800 stocks and Sygnus Credit Investments USD share declined 1.79 cents to close at 11.2 US cents in exchanging 11,808 stock units.
In the preference segment, JMMB Group 6% rose 2 cents to end at US$1.07 as investors exchanged 4,504 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading upon the JSE USD market
The Jamaica Stock Exchange US dollar market ended trading on Wednesday, with the volume of stocks exchanged rising 114 percent, with 12 percent more value than on Tuesday, resulting in 10 securities traded, compared to eight on Tuesday with three rising, three declining and four ending unchanged.
Overall, 653,653 shares were traded for US$18,774 compared to 304,877 units at US$16,803 on Tuesday.
Trading averaged 65,365 units at US$1,877 versus 38,110 shares at US$2,100 on Tuesday, with month to date average of 54,399 shares at US$5,574 versus 52,896 units at US$6,081 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 1.75 points to end at 203.94.
The PE Ratio, a measure used in computing stock values, averages 8. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
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 ended at 4 US cents with an exchange of 10,542 shares, MPC Caribbean Clean Energy lost 10 cents to end at US$1, closing with 8 stock units changing hands, Productive Business Solutions ended at US$1.3225, with 1,302 units clearing the market. Proven Investments gained 0.15 of a cent after ending at 20.5 US cents, with 15,761 stock units crossing the market, Sterling Investments increased 0.09 of a cent in closing at 2.09 US cents after a transfer of 95 shares, Sygnus Credit Investments USD share shed 0.01 of a cent to close at 12.99 US cents as investors exchanged 20,125 stock units. Sygnus Real Estate Finance USD share dipped 1.73 cents in closing at 10.66 US cents after an exchange of 75 units and Transjamaican Highway advanced 0.02of a cent to end at 0.86 of one US cent trading 600,119 stocks.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.85 in exchanging 26 shares and JMMB Group 6% ended at US$1.05 in trading 5,600 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumped in the JSE US dollar market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 464 percent, valued 36 percent more than on Monday, resulting in eight securities trading, similar to on Monday with none rising, three declining and five ending unchanged.
Overall, 304,877 shares traded, for US$16,803 up from 54,098 units at US$12,392 on Monday. Trading averaged 38,110 units at US$2,100 versus 6,762 shares at US$1,549 on Monday, with a month to date average of 52,896 shares at US$6,081 versus 54,716 units at US$6,571 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 1.83 points to end at 205.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one ending with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents with a transfer of 140,744 shares, MPC Caribbean Clean Energy remained at US$1.10 in exchanging 3 stocks, Proven Investments shed 0.15 of a cent to end at 20.35 US cents with 6,676 units clearing the market. Sygnus Credit Investments Ja$ share lost 1.23 cents in closing at 12 US cents with an exchange of 3,000 stock units, Sygnus Credit Investments USD share ended at 13 US cents in switching ownership of 2,039 stock units, Sygnus Real Estate Finance USD share remained at 12.39 US cents trading 915 units and Transjamaican Highway dipped 0.04 of a cent in closing at 0.84 of a US cent after 144,000 stocks crossed the market.
In the preference segment, JMMB Group 6% ended at US$1.05 in trading 7,500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on Trinidad Exchange
Trading surged on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 567 percent and the value jumping 295 percent more than on Monday, resulting in 19 securities traded compared to 20 on Monday, with prices of three rising, seven declining and nine remaining unchanged.
Investors spent $12,528,338 in trading 2,400,305 shares up from 359,821 units at $3,174,677 on Monday.
An average of 126,332 units were traded at $659,386 compared to 17,991 at $158,734 on Monday, with trading month to date averaging 40,014 units at $395,497 versus 29,081 units at $362,072 on the previous trading day. The average trade for August amounts to 40,829 units at $378,385.
The Composite Index fell 7.34 points to 1,363.53, the All T&T Index dropped 14.35 points to 2,028.08 and the Cross Listed Index rose 0.02 points to settle at 91.32
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s ended at $45.65 with the swapping of 297 shares, Angostura Holdings dropped $1.75 to $25 in exchanging 22,289 stocks, Ansa McAl fell $2 to $57 while exchanging 2,843 stock units. Clico Investment Fund remained at $30 as investors exchanged 47,490 units, First Citizens Group lost 24 cents in closing at $50.51 after exchanging 13,100 shares, FirstCaribbean International Bank increased 9 cents to $5.10, with 1,300 stock units crossing the market. GraceKennedy shed 4 cents to end at $5.29 with an exchange of 9,435 units, Guardian Holdings dipped 49 cents to close at $25.51, with 1,203 stocks clearing the market, JMMB Group declined 2 cents to $2.30 after 1,029,548 shares crossed the exchange. Massy Holdings advanced 7 cents to $4.80 after trading 1,178,160 stocks, National Enterprises ended at $3.40 with a transfer of 27,799 stock units, NCB Financial Group dipped 4 cents to close at $4.95 after trading 2,120 units. One Caribbean Media ended at $3.90 in trading 19,174 shares, Prestige Holdings ended at $6 with investors transferring 38 stocks, Republic Financial Holdings ended at $140 in exchanging 7,025 stock units. Scotiabank ended at $78.40 after a transfer of 345 units, Trinidad & Tobago NGL remained at $22 in switching ownership of 15,644 stock units, Trinidad Cement closed at $3.55, with 17,986 shares crossing the market and Unilever Caribbean climbed 11 cents in ending at $12.61, with 4,509 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.