Sygnus Credit Investments commanded 89 percent of the stocks traded on the JSE USD market on Friday after an exchange of 7.4 million units of the company’s shares and driving the overall volume of the market up by a huge 3,226 percent over Thursday, with a value that was 1,610 percent greater.
Sygnus Credit Investments traded most shares on the USD market.
Overall, 8,332,589 shares traded in exchange for US$1,043,788 compared to 250,508 units at US$61,050 on Thursday.
Trading ended with six securities changing hands, compared to eight on Thursday with the prices of three stocks rising, none declining and three remaining unchanged.
The JSE USD Equity Index slipped 2.26 points to end at 188.95 at the close.
The PE Ratio, a measure that computes an appropriate stock value, averages 12.1 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading averaged 1,388,765 units at US$173,965, compared to 31,314 shares at US$7,631 on Thursday. The average month to date comes out at 205,146 units at US$20,168 in contrast to 122,568 units at US$9,438 on Thursday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital gained 0.1 of a cent to close at 8 US cents, with 285 shares changing hands, Margaritaville settled at 9 US cents with an exchange of 30,000 units, Proven Investments ended at 24 US cents with 4,218 stocks traded. Sygnus Credit Investments rose 0.2 of a cent to 14 US cents, with a transfer of 7,427,937 stock units and Transjamaican Highway gained 0.05 of a cent to close at 0.8 of a US cent with 865,149 shares crossing the exchange.
In the preference segment, JMMB Group 6% closed at US$1.03 with 4,000 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with eight securities changing hands, compared to seven on Wednesday, with the price of one rising, three declining and four ending unchanged.
Margaritaville dropped 0.99 of a cent to 9 US cents, with 3,000 stocks crossing the market, Proven Investments ended trading at 24 US cents, with 235,128 stock units trading, Sterling Investments closed trading at 2.15 US cents in switching ownership of 227 units. Sygnus Credit Investments exchanged a mere 6 shares in ending trading at 16 US cents, Sygnus Credit Investments climbed 1.6 cents to 13.8 US cents after trading 100 stocks and Transjamaican Highway lost 0.05 of a cent after ending at 0.75 US cents in an exchange of 8,469 stocks.
Seven securities traded on Wednesday compared to five on Tuesday, with the price of one rising, three declining and three ending unchanged.
At the close, First Rock Capital settled at 8 US cents with 16,000 shares passing through the market, Proven Investments fell 0.05 of a cent to 24 US cents with 166,293 stocks changing hands, Sterling Investments remained at 2.15 US cents with 2,598 stock units traded. Sygnus Credit Investments popped 1 cent to 16 US cents in trading 12 units and Transjamaican Highway saw trading of 1,085,818 shares in closing at 0.80 US cents.
Similar to trading on Monday, five securities traded, with one rising, three declining and one remaining unchanged. The JSE USD Equity Index slipped 0.61 points to end at 184.41.
At the close, First Rock Capital investors traded 3,899 shares at 8 US cents, Margaritaville popped 0.97 o a cent in closing at 9.99 US cents, with 1,000 stock units changing hands, Proven Investments declined 0.65 of a cent to 24.05 US cents in switching ownership of 2,902 units. Sterling Investments fell 0.15 of a cent and ended at 2.15 US cents with the swapping of 5,000 stock units and Sygnus Credit Investments lost 1.79 US cents to end at 12.2 US cents trading 2,073 shares.
Overall, 2,078,672 shares traded, for US$107,586 compared to 267,463 units at US$9,495 on Friday.
At the close, First Rock Capital traded 6,577 shares at 8 US cents, Proven Investments rose 0.7 of a cent to 24.7 US cents with investors switching ownership of 394,370 units, Sygnus Credit Investments settled at 13.99 US cents with the transfer of 2,021 stocks and Transjamaican Highway rose 0.05 of a cent to 0.80 US cents, with 1,675,649 shares crossing the exchange.
At the close, First Rock Capital settled at 8 US cents with investors switching ownership of 11,506 shares, Proven Investments remained at 24 US cents with a transfer of 29,711 units and Transjamaican Highway dropped 0.11 of a cent to end at a 52 weeks’ low of 0.70 US cents, with 1,159,741 stocks crossing the exchange.
Trading ended with four securities changing hands, compared to six on Tuesday, with the prices of one stock declining, none rising and three remaining unchanged.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital closed at 8 US cents while trading 925 shares, Margaritaville closed at 9.2 US cents after exchanging 30,890 units, Productive Business Solutions dipped 0.01 of a cent to end at 80 US cents in switching ownership of 54 stocks. Proven Investments remained at 24 US cents, with 530,672 units crossing the market and Transjamaican Highway gained 0.11 of a cent to end at 0.81 US cents with the swapping of 3,802 stock units.
The JSE USD Equity Index lost 1.98 points to end the day lower than the start of 2021 at 185.01 as all of the 2021 gains are wiped out. The PE Ratio, a measure that computes an appropriate value for a stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
First Rock Capital shed 0.89 of a cent to end at 8 US cents after exchanging 18 shares, Proven Investments lost 0.48 of a cent to end at 24 US cents, with 14,749 shares changing hands, Sterling Investments popped 0.43 of a cent to 2.3 US cents, with 35 stocks clearing the market. Sygnus Credit Investments ending at 14.45 US cents after trading 3,000 stock units and Transjamaican Highway lost 0.01 of a cent to close at 0.7 of a US cent, with 400,000 stock units changing hands.
