Volume traded rose on Friday but with a much lower value than on Thursday at the close of the Jamaica Stock Exchange Main Market, with the volume of stocks traded increasing 26 percent, with 42 percent less than on Thursday after rising stocks just edged out those declining.
Overall, 6,917,755 shares were exchanged for just $50,532,632 versus 5,480,966 units at $87,344,674 on Thursday. Trading averaged 125,777 units at $918,775, compared to 99,654 shares at $1,588,085 on Thursday and month to date, an average of 180,801 units at $1,659,883, versus 186,354 units at $1,734,673 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Transjamaican Highway led trading with 1.66 million shares for 23.9 percent of total volume, followed by Wigton Windfarm with 1.50 million units for 21.7 percent of the day’s trade and Caribbean Producers with 607,959 units for 8.8 percent of market share.
The All Jamaican Composite Index lost 768.00 points to 435,643.29, the JSE Main Index lost 652.21 points to close at 380,664.04 and the JSE Financial Index increased 0.02 points to 90.66.
Trading ended with 55 securities, similar to Thursday, with 20 rising, 19 declining and 16 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending to the close of August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Caribbean Cement fell 97 cents to end at $62.25 while exchanging 6,742 shares, Eppley Caribbean Property Fund rallied $3 to $43 after exchanging 3,685 stocks, First Rock Capital increased 59 cents to $12.50 with 19,005 units changing hands. GraceKennedy shed $2.01 in ending at $99.96 after trading 16,371 stock units, Jamaica Stock Exchange lost 62 cents to close at $17.98, with 18,511 shares crossing the exchange, Margaritaville declined $2 to $19, with 132 stock units clearing the market. Mayberry Investments rose 35 cents to $10.80 with 234,085 stocks changing hands, Mayberry Jamaican Equities gained 59 cents to close at $14.99 in exchanging 59,671 units, MPC Caribbean Clean Energy climbed $5 to end at $85 with an exchange of 1,000 stocks. Palace Amusement advanced $60 in closing at $880 in switching ownership of 157 units, Proven Investments dropped $1 to $34 after finishing the trading of 4,258 shares, Seprod shed $1 to end at $70 in trading 15,960 stock units and Sygnus Credit Investments popped 39 cents in closing at $14 in an exchange of 8,041 stocks.
In the preference segment, Productive Business Solutions 9.75% preference share gained $2.50 to close at $109.50 with the swapping of 160 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps for JSE USD Market
US dollar market trading on the Jamaica Stock Exchange closed Friday, with the volume of stocks traded jumping 214 percent and the value surging 297 percent above Thursday’s levels, resulting in eight securities trading, compared to seven on Thursday with two rising, four declining and two ending unchanged.
Overall, 457,523 shares traded for US$96,524, up from 145,561 units at US$24,336 on Thursday. Trading averaged 57,192 units at US$12,065, compared to 20,794 shares at US$3,477 on Thursday, with a month to date average of 39,617 shares at US$3,977 versus 37,385 units at US$2,950 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index 1.26 lost points to end at 209.66.
The PE Ratio, a tool used to compute appropriate stock values, averages 8.8. The PE Ratios use ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share dropped 1 cent to close at 6 US cents, with 94,082 shares clearing the market, Margaritaville lost 1.99 cents to end at 13 US cents in exchanging 15 units, Proven Investments shed 2.41 cents after ending at 22 US cents with an exchange of 268,403 stock units. Sterling Investments rallied 0.14 of a cent to 2.15 US cents, with 100 stocks crossing the market, Sygnus Credit Investments USD share gained 0.98 of one cent in closing at 12.98 US cents, with 84,642 units changing hands, Sygnus Real Estate Finance USD share fell 0.25 of a cent to end at 13.15 US cents, with 16 shares crossing the exchange and Transjamaican Highway remained at 0.95 US cents while exchanging 812 stocks.In the preference segment, JMMB Group 5.75% finished at US$2.03 after exchanging 9,453 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises market indices fall
Market activity ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 11 percent more after a 56 percent surge in the amount of funds passing through than on Thursday.
A total of 14 securities were traded compared to 11 on Thursday, with three stocks rising, five declining and six remaining unchanged. The Composite Index lost 4.74 points to end at 1,385.72, the All T&T Index declined 0.16 points to 2,041.97 and the Cross-Listed Index dropped 1.35 points to close at 95.69.
A total of 200,408 shares were exchanged for $1,484,655 versus 180,498 units at $950,429 on Thursday. An average of 14,315 units traded at $106,047 compared to 16,409 shares at $86,403 on Thursday, with trading month to date averaging 37,426 units at $345,880 versus 39,307 units at $365,404 on the previous trading day. The average trade for June amounts to 63,148 units at $485,588. June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings dropped 50 cents in closing at $24.50 after trading 58 shares, Clico Investment Fund gained 10 cents to end at $28.90 with the swapping of 10,809 units, First Citizens Group ended unchanged at $50 in an exchange of 67 stocks. GraceKennedy rallied 15 cents after ending at $5.47 and exchanging 3,603 stock units, Guardian Holdings declined 4 cents to close at $27.26 with 1,542 shares changing hands, JMMB Group finished at $2.30, with 11,462 units crossing the market. L.J. Williams B share remained at $2.15 as one stock unit passed through the exchange, Massy Holdings lost 7 cents ending at $5 in trading 162,396 stock units, National Enterprises finished at $3.20 while exchanging 3,100 units. NCB Financial Group shed 20 cents to $5.25 in an exchange of 1,000 shares, Republic Financial Holdings rose $1 in closing at $142 with 586 stocks changing hands, Scotiabank remained at $7 after trading 772 stock units. Trinidad & Tobago NGL fell 2 cents to close at $21.48, with 4,611 stocks clearing the market and West Indian Tobacco ended unchanged at $23.45 in switching ownership of 401 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD market
The volume of stocks traded jumped 136 percent on Thursday, with the value surging 270 percent more than on Wednesday at the close of the Jamaica Stock Exchange US dollar market, resulting in seven securities traded, up from five on Wednesday with two rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index slipped 1.35 points to end at 210.92. The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of 145,561 shares were traded for US$24,336 versus 61,706 units at US$6,586 on Wednesday. Trading averaged 20,794 units at US$3,477, up from 12,341 shares at US$1,317 on Wednesday, with a month to date average of 37,385 shares at US$2,950 versus 39,459 units at US$2,884 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share shed 0.5 of a cent to 7 US cents, with 18,673 shares crossing the market, Proven Investments popped 1.41 cents in ending at 24.41 US cents after trading of 78,243 stocks, Sterling Investments lost 0.09 cents to end at 2.01 US cents after exchanging 23,153 stock units. Sygnus Credit Investments USD share finished at 12 US cents in an exchange of 2,417 units, Sygnus Real Estate Finance USD share rallied 1.2 cents in closing at 13.4 US cents with 1,453 shares changing hands and Transjamaican Highway dropped 0.02 drop of a cent in closing at 0.95 US cents after trading 19,622 units.In the preference segment, JMMB Group 5.75% declined 3 cents to close at US$2.03 in trading 2,000 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for TTSE on increased volume
Trinidad and Tobago Stock Exchange ended trading on Thursday, with the volume of stocks traded rising 91 percent more than on Wednesday, with 6 percent higher value even as only 11 securities traded down from 19 on Wednesday, with three rising, five declining and three remaining unchanged.
The Composite Index advanced 2.25 points to 1,390.46, the All T&T Index rallied 5.15 points to 2,042.13 and the Cross-Listed Index slipped 0.12 points to settle at 97.04.
A total of 180,498 shares traded for $950,429 versus 94,682 units at $896,900 on Wednesday, resulting an average of 16,409 units traded at $86,403 compared to 4,983 shares at $47,205 on Wednesday, with trading month to date averaging 39,307 units at $365,404 versus 40,871 units at $384,465 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings increased 60 cents to a 52 week’s high of $25 in switching ownership of 19 shares, Calypso Macro Investment Fund ended unchanged at $20.23 after exchanging 589 stocks, Clico Investment Fund shed 20 cents to end at $28.80 after trading 1,902 units. First Citizens Group finished at $50 while exchanging 169 stock units, JMMB Group fell 2 cents to close at $2.30 in trading 151,564 shares, Massy Holdings popped 7 cents to $5.07 in an exchange of 3,639 stock units. Scotiabank climbed $2.75 in closing at $78 with 679 stocks changing hands, Trinidad & Tobago NGL dropped 30 cents to $21.50, with 7,673 units clearing the market, Trinidad Cement dipped 1 cent to close at $3.56 after exchanging 1,442 shares. Unilever Caribbean remained at $13.84 with the swapping of 1,420 stock units and West Indian Tobacco lost 5 cents in closing at $23.45 with an exchange of 11,402 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD market
Trading on Wednesday closed on the Jamaica Stock Exchange US dollar market with the volume of stocks traded declining 87 percent and the value diving 81 percent lower than on Tuesday, resulting in five securities traded, compared to seven on Tuesday with two rising, one declining and two ending unchanged.
Overall, 61,706 shares traded for US$6,586 down from 487,396 units at US$33,962 on Tuesday. Trading averaged 12,341 units at US$1,317, compared to 69,628 shares at US$4,852 on Tuesday, with a month to date average of 39,459 shares at US$2,884 versus 42,118 units at US$3,038 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index lost 0.42 points to end at 212.27. The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 one ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share ended at 7.5 US cents in switching ownership of 10 shares, Proven Investments finished trading 17,029 stocks at 23 US cents, Sygnus Credit Investments USD share rose 0.5 of a cent after ending at 12 US cents with the swapping of 18,456 units and Transjamaican Highway lost 0.02 of a cent in closing at 0.97 US cents, with 26,115 stocks crossing the exchange.
In the preference segment, JMMB Group 5.75% rose 0.3 of a cent to end at US$2.06, with 96 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume plunges on TTSE
Activity on the Trinidad and Tobago Stock Exchange ended on Wednesday, with a sharp fall in the volume of stocks traded by 77 percent with an 85 percent drop in value than on Tuesday, after 19 securities traded, similar to Tuesday, with five rising, four declining and ten remaining unchanged.
The Composite Index climbed 7.20 points to 1,388.21, but the All T&T Index shed 10.37 points to 2,036.98 and the Cross-Listed Index increased 3.64 points to 97.16.
A total of 94,682 shares were traded for $896,900 down from 412,407 units at $6,186,799 on Tuesday. An average of 4,983 units traded at $47,205 down from 21,706 shares at $325,621 on Tuesday, with trading month to date averaging 40,871 units at $384,466 versus 45,673 units at $429,592 on the previous trading day. The average trade for June amounts to 63,148 units at $485,588. June ended with an average of 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl remained at $56.06 in exchanging 89 shares, Calypso Macro Investment Fund ended unchanged at $20.23 after trading 411 units, Clico Investment Fund finished at $29 with 3,815 stocks passing through the market. First Citizens Group remained at $50, with 33 stock units changing hands, FirstCaribbean International Bank rose 49 cents in closing at $5.50 after exchanging 250 stocks, GraceKennedy ended unchanged at $5.32 with the swapping of 538 units. Guardian Holdings gained 4 cents to close at $27.30 in trading ten shares, JMMB Group ended at $2.32, with 100 stock units crossing the market, Massy Holdings dropped 5 cents to $5, with 68,733 shares crossing the exchange. National Enterprises exchanged 6,990 stock units at $3.20, National Flour Mills fell 6 cents in closing at $1.65 in an exchange of 589 stocks, NCB Financial Group popped 20 cents to close at $5.45, with 150 units crossing the market. Prestige Holdings declined 28 cents to end at $6.71 with 500 shares clearing the market, Republic Financial Holdings remained at $141 while exchanging 900 stock units, Scotiabank dropped $2.74 in ending at $75.25, with 878 units changing hands. Trinidad & Tobago NGL ended unchanged at $21.80 in switching ownership of 5,682 stocks, Trinidad Cement climbed 7 cents to close at $3.57 after trading 2,000 units, Unilever Caribbean rallied 4 cents to $13.84 with the swapping of 14 stock units and West Indian Tobacco remained at $23.50 with 3,000 stocks units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.