JSE US Market remains stable

Market activity in the US dollar-denominated market ended with six securities changing hands, compared to seven on Tuesday, with market activity being relatively stable leading to the market Index slipping 0.24 points to 202.75.
The market ended with 648,937 shares trading valued at US$25,614, in contrast to 285,192 units for US$123,486 on Tuesday, as one stock rose, one declined, leaving four unchanged. The PE ratio of the market closed with an average of 13.7 times 2020 earnings.
In trading, First Rock Capital rose 1 cent to close at 10 US cents, with 1,613 units changing hands, Proven Investments remained at 26 US cents, after exchanging 5,019 shares. Sterling Investments swapped 84,955 shares at 2 US cents and Trans Jamaican Highway closed at 1 US cent, with a loss of 0.03 of a cent in trading 549,230 stock units. In the US dollar preference section, JMMB Group 5.75% preference share traded 7,774 shares at US$2.13 and JMMB Group 6% preference share had 346 units exchanged at US$1.10.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

7 US$ stocks trade

Trading on the Jamaica Stock Exchange US dollar-denominated market increased after the long weekend break for the Easter holidays as market activity resulted in seven securities changing hands.
The market closed with three stocks rising, the price of one declining and three stocks closing unchanged. The market ended with 285,192 units valued at US$123,486 changing hands, in contrast to 147,823 units for US$12,944 on Thursday from just three stocks. At the close, the market index gained 0.62 points to end at 202.99 and the PE ratio ended at an average of 13.6 times 2020 earnings.
In the ordinary shares segment of the market, Margaritaville traded 490 units at 20.1 US cents, Proven Investments closed at 26 US cents, with 47,555 shares changing hands, Sterling Investments lost 0.3of a  cent to end at 2 US cents, after exchanging 17,457 units. Sygnus Credit Investments closed at 14 US cents trading 46,705 shares and Trans Jamaican Highway finished at 1.03 US cents, with gains of 0.03 of a cent after 123,915 shares changed hands. In the preference segment, JMMB Group 5.75% FR preference share gained 1 cent after transferring 47,570 stock units and closed at US$2.13 and JMMB Group 6% preference share rose 8 cents to US$1.10 exchanging 1,500 units.

JSE US dollar market closes week quietly

Trading activities on the Jamaica Stock Exchange US dollar-denominated market ended the shortened Easter week with reduced volume compared to Wednesday as just three securities were active in the market on Thursday compared to seven on Wednesday.
Market activity resulted in three securities changing hands and ended with no stock gaining while one stock declined and two stocks trading with the price unchanged. The volume of shares traded was 147,823 units with a value of US$12,944, in contrast to 291,094 units for US$266,784 on Wednesday.
At the close, the market slid 2.26 points to 202.37 and the PE ratio of the market closed with an average of 13.7 times 2020 earnings.
The stocks trading were Proven Investments with an exchange of 43,738 shares at 26 US cents. Sygnus Credit Investments closed at 14 US cents trading 4,085 units and Trans Jamaican Highway still dominated the market while trading only 100,000 shares at 1 US cents, after losing a mere 0.03 of a cent.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.

Trading climbs on JSE US$ Market

Thanks to a rise in trading of JMMB Group preference shares and Trans Jamaica Highway, volume trading on the JSE US dollar Market rose on Wednesday over that on Tuesday as investors exchanged seven securities. 
The usual large volume traded by the recently listed Trans Jamaica Highway remained moderate on Wednesday, with just over 100,000 shares changing hands.
Market activity resulted in seven securities changing hands, with three stocks rising and four declining. The volume of shares traded was 291,094 units, with a value of US$266,784, in contrast to 34,926 units for US$4,838 on Tuesday.
At the close, the market index lost 0.18 points to 204.63 and the PE ratio of the market closed with an average of 13.8 times 2020 earnings.
First Rock Capital gained of 0.9 of a cent and closed trading with 3,000 units at 9 US cents, JMMB Group 5.75% preference share lost 1 cent to end at US$2.12, after exchanging 116,312 shares, JMMB Group 6% preference share gained 2 cents with 1,000 units crossing the exchange and closed at US$1.02. Proven Investments picked up half a cent to end at 26 US cents, with 62,971 shares changing hands, Sterling Investments ended at 2.3 US cents, after losing 0.2 of a cent after swapping 5,000 units. Sygnus Credit Investments closed at 14 US cents, with a loss of 1 cent in trading 1,415 units and Trans Jamaican Highway ended at 1.04 US cents, with the loss of 0.02 of a cent in exchanging 101,396 shares.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.

JSE US dollar market slips

The JSE US dollar market slipped in trading on Monday with five securities crossed the exchange with prices of two declining and two stocks rising as Trans Jamaica Highway continues to trade in large volumes.

The JSE US dollar market has held up reasonably well in trading recently against the background of major fall in the JSE Main Market.

At the close of trading, the volume of stocks climbed to 4,049,404 units with a value of US$90,280, in contrast to 827,966 units for US$86,577 on Friday. At the close, the market lost 0.84 points to end at 206.39, with the PE ratio of the market closing with an average of 14.2 times 2020 earnings.
In trading, First Rock Capital lost 1 cent to close at 8.1 US cents, after trading 8,900 units, Proven Investments declined by 1 cent and ended at 26 US cents after exchanging 175,138 shares. Sygnus Credit Investments swapped 19,666 units at 15 US cents and Trans Jamaican Highway, which accounted for 95 percent of the market’s volume, traded 3,845,700 and rose 0.1 of a cent to close at 1.07 US cents.