Market activity on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded declining 19 percent with an 83 percent hike in value compared to trading on Thursday and leading to the All Jamaican Composite Index declining 2,420.51 points to 412,016.26, down 6 percent for the year to date. The JSE Main Index dropped 3,211.91 points to 362,534.06, with a year to date fall of 8.5 percent and the JSE Financial Index shed 1.29 points to settle at 86.48.
Trading ended with 289,860,735 shares for $2,467,647,684 compared with 358,301,804 units for $1,351,391,586 on Thursday.
Trading on Friday averaged 545,176,085 units at $44,065,137 versus 6,285,997 shares at $23,708,624 on Thursday and month to date, an average of 966,504 units at $6,032,158, compared to 641,350 units at $3,094,438 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Sagicor Real Estate Fund led trading with 282.54 million shares for 97.5 percent of total volume followed by Supreme Ventures with 2.53 million units for 0.9 percent of the day’s trade and Wigton Windfarm with 966,504 units for 0.3 percent market share.
Trading accounted for 56 securities compared to 57 on Thursday, with 12 rising, 31 declining and 13 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments fell $1.09 to $85 while exchanging 1,455 shares, Berger Paints shed $1.25 to end at $10.23 after 11,492 units changed hands, Caribbean Cement increased $1.76 to close at $59.75, with 3,496 stocks crossing the market. GraceKennedy rallied $1 to $96.50, with 29,899 shares changing hands, Guardian Holdings declined $49 in ending at $520 in exchange of 45 units, Jamaica Stock Exchange dipped $1.02 in closing at $15.50 in trading 33,459 stock units. Mayberry Jamaican Equities lost 40 cents to end at $13.50 in exchanging 15,403 shares, NCB Financial dropped $3.49 after ending at $90.51 in switching ownership of 76,798 stocks, PanJam Investment shed $2 to close at $60 trading 1,205 stocks. Proven Investments rose $1 to $33, with 3,641 shares crossing the exchange, Sagicor Group advanced $2 in closing at $54 after exchanging 64,256 units, Scotia Group declined 50 cents to end at $34 with investors transferring 7,099 stock units. Seprod lost 45 cents to end at $69.05 after a transfer of 23,137 stock units and Supreme Ventures dipped 73 cents to $29.26 in an exchange of 2,529,457 units.
In the preference segment, 138 Student Living preference share dropped $7.51 to close at $42.59 with the swapping of 40 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls back on TTSE
Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 24 percent at a 51 percent lower value than on Thursday as 15 securities changed hands down from 20 on Thursday, resulting in prices of seven rising, three declining and five remaining unchanged.
The Composite Index rose 0.53 points to settle at 1,367.83, the All T&T Index popped 0.90 points to 2,028.30 and the Cross-Listed Index inched 0.02 points higher to 92.54.
A total of 490,877 shares were traded for $6,605,612 down from 745,407 units at $16,396,844 on Thursday. An average of 32,725 units traded at $440,374 compared to 37,270 shares at $819,842 on Thursday, with trading month to date averaging 46,758 units at $420,194 versus 47,669 units at $418,884 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s shed 3 cents to end at $45.50, with 157 shares changing hands, Angostura Holdings ended at $26.50 in switching ownership of 23 units, Clico Investment Fund remained at $31 after a transfer of 96,163 stocks. First Citizens Group popped 1 cent to close at $49.51 with the swapping of 3,753 stock units, GraceKennedy advanced 10 cents after ending at $5.40 while exchanging 63,374 units, Guardian Holdings climbed 80 cents to $26.30 after 1,879 shares crossed the market. JMMB Group dropped 3 cents to end at $2.30 after exchanging 116,431 stocks, Massy Holdings rose 23 cents to $4.73 with a transfer of 47,521 stock units, National Enterprises remained at $3.35 while trading 85,850 stocks. National Flour Mills rose 2 cents in closing at $1.57 with an exchange of 1,456 stock units, NCB Financial Group slipped 1 cent to close at a 52 weeks’ low of $5.05 after trading 4,000 shares, Scotiabank ended at $78 in an exchange of 12,446 units. Trinidad & Tobago NGL gained 50 cents ending at a 52 weeks’ high of $23 in trading 16,595 stock units, Unilever Caribbean rallied 7 cents to $12.59 in exchanging 6,300 shares and West Indian Tobacco ended unchanged at $23.50 with 34,929 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks gains on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks traded declining 78 percent less valued 92 percent lower than on Wednesday, resulting in 12 securities trading, compared to nine on Wednesday, with four rising, two declining and six ending unchanged.
Investors exchanged 394,179 shares for US$26,302 compared to 1,690,663 units at US$286,936 on Wednesday. Trading averaged 32,848 units at US$2,192, versus 187,851 shares at US$31,882 on Wednesday, with month to date average of 45,865 shares at US$7,629 versus 47,248 units at US$8,206 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
The JSE US Denominated Equities Index rose 5.99 points to end at 214.30.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. 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 none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.3 of a cent in closing at a 52 weeks’ low of 4 US cents after exchanging 336,734 shares, MPC Caribbean Clean Energy ended at US$1.30 in trading three units, Productive Business Solutions remained at US$1.32 in switching ownership of four stocks. Proven Investments popped 0.3 of one cent to 21.5 US cents while exchanging 38,021 stock units, Sygnus Credit Investments Jamaica dollar share rallied 0.23 of a cent to 13.23 US cents, with 62 shares changing hands, Sygnus Credit Investments USD share climbed 0.79 of one cent to 11.99 US cents with an exchange of 1,857 units. Sygnus Real Estate Finance USD share increased 1.85 cents in closing at 12.5 US cents and exchanging ten stocks and Transjamaican Highway shed 0.01 of a cent to close at 0.95 of one US cent with investors transferring 3,179 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended unchanged at US$1.85 after a transfer of six units, JMMB Group 5.5% remained at US$2 with a transfer of seven stock units, JMMB Group 5.75% remained at US$1.74, with stocks crossing the market and JMMB Group6% ended unchanged at US$1.10 trading seven shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks climbed higher on TTSE
Investors pushed prices higher on the Trinidad and Tobago Stock Exchange on Thursday, following the volume of stocks traded, declining 73 percent and the value 54 percent dropping lower than on Wednesday, with 20 securities trading compared to 21 on Wednesday, with eight stocks rising, five declining and seven remaining unchanged.
A total of 745,407 shares were traded for $16,396,844, compared with 2,358,952 units at $29,087,983 on Wednesday. Trading averaged 37,270 units at $819,842 down from 112,331 shares at $1,385,142 on Wednesday, with trading month to date averaging 47,669 units at $418,884 versus 48,655 units at $392,893 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index slipped 0.92 points to 1,367.30, the All T&T Index rallied 3.96 points to 2,027.40 and the Cross-Listed Index dipped 0.86 points to settle at 92.52.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s remained at $45.53 after trading 100 shares, Angostura Holdings gained 25 cents to $26.50 and finished with 138,000 stocks changing hands, Ansa McAl dropped 99 cents to end at $57 as investors exchanged 500 stock units. Ansa Merchant Bank ended at $42.13 trading 500 units, Clico Investment Fund popped $2 to close at $31 with investors transferring 98,310 units, First Citizens Group remained at $49.50 after exchanging 2,050 stock units. FirstCaribbean International Bank shed 28 cents in ending at $5.02 with a transfer of 1,500 shares, GraceKennedy fell 10 cents to end at $5.30 after a transfer of 1,945 stocks, Guardian Holdings ended at $25.50 in trading 16,580 units. JMMB Group remained at $2.33, with 20,020 shares changing hands, Massy Holdings dipped 25 cents in closing at $4.50, with 18,467 stock units crossing the market, National Enterprises advanced 7 cents to end at $3.35 with an exchange of 164,150 stocks. One Caribbean Media ended at $4.09 with 49 stock units clearing the market, Prestige Holdings closed at $6.70 after 450 units passed through the exchange, Republic Financial Holdings lost 50 cents to close at $140.50 with the swapping of 414 shares. Scotiabank increased $1.50 in closing at $78 in an exchange of 26,500 stocks, Trinidad & Tobago NGL rose 75 cents to a 52 weeks’ high of $22.50 in switching ownership of 97,141 stock units, Trinidad Cement climbed 13 cents to $3.65 after exchanging 2,195 units. Unilever Caribbean rallied 2 cents to $12.52 while trading 13,700 shares and West Indian Tobacco advanced 31 cents to $23.50 after exchanging 44,526 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No JSE USD stocks gained on Wednesday
Trading activity jumped sharply on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks traded surging 397 percent with a greater value than on Tuesday, resulting in nine securities traded, the same number on Tuesday with no rising, four declining and five ending unchanged.
The JSE US Denominated Equities Index lost 6.98 points to end at 208.31.
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.
Overall, 1,690,663 shares traded, for US$286,936 up from 340,214 units at US$68,279 on Tuesday. Trading averaged 187,851 units at US$31,882 versus 37,802 shares at US$7,587 on Tuesday, with month to date average of 47,248 shares at US$8,206 versus 35,080 units at US$6,157 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Investor’s Choice bid-offer indicator shows two stocks ended with higher bids than the last selling prices and one with a lower offer.
At the close of trading, First Rock Real Estate USD share dropped 0.7 of a cent to close at a 52 weeks’ low of 4.3 US cents in an exchange of 278,487 shares, Margaritaville lost 3.5 cents in ending at 10.5 US cents after trading 132 stock units, Productive Business Solutions ended unchanged at US$1.32 after exchanging ten units. Proven Investments remained at 21.2 US cents with investors transferring 1,244,860 stocks, Sterling Investments ended at 2.05 US cents with an exchange of 5,000 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to close at 11.2 US cents, with 34,015 shares crossing the market and Transjamaican Highway dipped 0.02 of a cent in closing at 0.96 of one US cent with the swapping of 125,074 units.
In the preference segment, JMMB Group 5.75% remained at US$1.74 in exchanging 3,080 stock units and JMMB Group 6% remained at US$1.10 as investors exchanged five units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big trading spike on TTSE
Trading spiked on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded surging 251 percent and the value 153 percent more than on Tuesday leading to 21 securities trading against 18 on Tuesday, with prices of seven rising, six declining and eight remaining unchanged.
A total of 2,358,952 shares were traded or $29,087,983 up from 671,503 units at $11,519,493 on Tuesday. An average of 112,331 units traded at $1,385,142 compared to 37,306 shares at $639,972 on Tuesday, with trading month to date averaging 48,655 units at $392,893 versus 41,617 units at $283,223 on the previous trading day. The average trade for July amounts to 28,304 units at $283,023.
The Composite Index gained 0.93 points to 1,368.22, the All T&T Index dropped 5.10 points to 2,023.44 and the Cross-Listed Index climbed 1.03 points to close at 93.38.
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, Agostini’s rose 3 cents to $45.53, with 20 shares crossing the market, Angostura Holdings ended at $26.25 with investors transferring 77 units, Ansa McAl remained at $57.99 in trading 1,608 stocks. Ansa Merchant Bank rallied 1 cent to $42.13, with 500 stock units changing hands, Clico Investment Fund increased 10 cents in closing at $29 trading 142,264 stock units, First Citizens Group finished at $49.50 while exchanging 207 shares. FirstCaribbean International Bank advanced 29 cents to $5.30 in an exchange of 400 units, Guardian Holdings fell $1.24 in closing at $25.50 after exchanging 18,920 stocks, Guardian Media dipped 6 cents to end at $3.04 in exchanging 652 stock units. JMMB Group gained 2 cents in ending at $2.33, with investors transferring 1,629,554 shares, Massy Holdings popped 24 cents to $4.75, with 77,993 units crossing the exchange, National Enterprises ended at $3.28 after exchanging 137,830 stocks. National Flour Mills finished at $1.55, with 10,000 stocks clearing the market, NCB Financial Group remained at $5.06 with the swapping of 194,307 shares, Point Lisas climbed 3 cents to $3.09 with an exchange of 1,000 units. Prestige Holdings shed 5 cents to close at $6.70 after trading 550 stock units, Republic Financial Holdings closed at $141 in trading 131,224 stock units, Scotiabank lost $1.50 to end at $76.50, with 1,103 stocks crossing the exchange. Trinidad & Tobago NGL finished at $21.75 with the transferring of 9,443 units, Trinidad Cement declined 13 cents to $3.52, with 1,000 shares crossing the market and West Indian Tobacco lost 26 cents to end at $23.19, with 300 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gain for JSEUSD Market
Trading close on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks traded rising 145 percent, valued 197 percent more than on Monday and resulting in nine securities traded, compared to 10 on Monday with stocks rising, declining and holding firm, sharing three each.
A total of 340,214 shares were traded for US$68,279, up from 138,969 units at US$22,959 on Monday. Trading averaged 37,802 units at US$7,587 compared to 13,897 shares at US$2,296 on Monday. Trading month to date averages 35,080 shares at US$6,157 versus 34,822 units at US$6,022 on the previous day. July averaged 49,665 units for US$3,449.
The JSE US Denominated Equities Index rose 3.07 points to end at 215.29.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended unchanged at 5 US cents after exchanging 10,561 shares, Margaritaville lost 0.98 cents in closing at 14 US cents, with 134 stocks changing hands and Productive Business Solutions shed 0.25 of a cent to close at US$1.32 in exchanging 176 stock units. Proven Investments dropped 0.81 of a cent to end at 21.2 US cents with the swapping of 312,596 units, Sygnus Credit Investments Jamaican dollar share after the last trading in late November last year, rose 0.17 of a cent to 13 US cents in exchanging three shares, Sygnus Credit Investments USD share popped 0.01 of a cent to 11.21 US cents, with 1,500 stock units changing hands and Transjamaican Highway advanced 0.12 of a cent to 0.98 of one US cent, with 14,939 stocks clearing the market.
In the preference segment, JMMB Group 5.75% remained at US$1.74 in switching ownership of one unit and JMMB Group 6% finished at US$1.10 while exchanging 304 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.