The majority of stocks trading on Tuesday remained unperturbed at the close of the JSE USD market after investors swapped 51 percent more shares, with a value that was 297 percent more than those trading on Monday.
Five securities were traded, compared to six on Monday, with one rising, none declining and four remaining unchanged.
The US Denominated Equities Index gained 0.71 points to end at 190.79. The PE Ratio, a measure that computes appropriate stock values, averages 11.9 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 648,588 shares traded for US$140,414, up from 430,050 units at US$35,362 on Monday. Trading averaged 129,718 units at US$28,083, up from 71,675 shares at US$5,894 on Monday. Trading month to date averages 92,399 units at US$9,601 versus 88,943 units at US$7,889 on Monday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows two stocks ended with the bid higher than its last selling price and one with a lower offer.
At the close, First Rock Capital settled at 7 US cents with an exchange of 5,450 shares, Margaritaville ended at 9 US cents with 111,000 stocks changing hands, Proven Investments ended unchanged at 24 US cents with 529,631 stock units traded and Sterling Investments finished at 2.05 US cents with 381 units crossing the exchange.
In the preference segment, JMMB Group 6% gained 1 cent to finish at US$1.01 with 2,126 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The majority of stocks trading on Monday gained and outnumbered declining ones two to one at the close of the Jamaica Stock exchange that ended with the USD market as investors exchanged 44 percent more shares than on Friday for 281 percent greater value.
At the close, First Rock Capital fell 0.99 of a cent to 7 US cents with an exchange of 8,758 shares, Margaritaville rose 0.1 of a cent to 9 US cents with 284,705 stocks changing hands, Proven Investments dropped 0.95 of a cent to 24 US cents with 31,288 units traded. Sterling Investments gained 0.05 of a cent to 2.05 US cents with 649 stocks passing through the market, Sygnus Credit Investments advanced 0.72 of a cent to 15.55 US cents with investors switching ownership of 4,650 stock units and Transjamaican Highway rose 0.09 cents to 0.89 of one US cent with 100,000 shares crossing the exchange.
At the close, Margaritaville had an exchange of 478 shares at 8.9 US cents, Proven Investments rose 0.94 of one cent to end at 24.95 US cents with 10,500 units changing hands, Sterling Investments lost 0.07 of a cent to settle at 2 US cents with a transfer of 50,000 stocks. Sygnus Credit Investments J$ stock climbed 2.94 cents to close at 14.83 US cents with 14,200 stock units, Sygnus Credit Investments US$ stock declined by 0.6 of one cent to finish at 12.2 US cents with 335 units changing hands and Transjamaican Highway fell 0.05 of a cent to 0.95 of one US cent with 562 shares crossing the exchange.
Trading ended with seven securities changing hands, compared to five on Tuesday, with prices of three rising, two declining and two remaining unchanged.
At the close, First Rock Capital dropped 0.49 of a cent in closing at 7.5 US cents after exchanging 5,784 shares, Margaritaville remained at 8.9 US cents with 10,619 stock units clearing the market, Proven Investments rallied 0.01 of a cent to close at 24.01 US cents while trading 77,911 stocks. Sygnus Credit Investments J$ based ordinary stock shed 2.94 cents ending at a 52 weeks’ low of 11.89 US cents, with 1,510 units crossing the exchange, Sygnus Credit Investments USD based stocks, popped 0.8 of a cent to end at 12.8 US cents in an exchange of 608 shares, Transjamaican Highway climbed 0.17 of a cent in ending at 1 US cent after finishing trading 1,980,000 stock unit and In the preference segment JMMB Group 6% remained at US$1.03 after trading 1,000 unit.
Seven securities traded, up from six on Thursday, with the prices of four rising and two declining and ending with one remaining unchanged. The JSE USD Equity Index rose 3.55 points to end at 187.46. The PE Ratio, a tool used to computes the appropriate value of stocks, averages 11.8 based on earnings forecast for 2021-22.
First Rock Capital popped 0.079 of a cent to 7.99 US cents in exchanging 1,532 shares, Margaritaville slipped 0.10 of a cent to 8.90 US cents after trading 11,423 shares, MPC Caribbean rose 15 cents to US$1.20 in trading 180 stock units, Proven Investments rose one cent to close at 25 US cents, after an exchange of 31,712 units, Sygnus Credit Investments closed at 12 US cents with 37 stocks changing hands and Transjamaican Highway shed 0.02 of a cent to end at 0.78 US cents with 128,205 shares crossing the exchange.
At the close, First Rock Capital rose 0.01 of a cent to 7.26 US cents after trading 45,850 shares, Margaritaville settled at 9 US cents with 20 stocks changing hands, Productive Business Solutions fell 3 cents to 77 US cents with a transfer of 194 units. Proven Investments lost 1.96 cents to close at 23.04 US cents with 75,056 shares passing through the market, Sygnus Credit Investments popped 1 cent to 13 US cents with 1,504 units traded and Transjamaican Highway climbed 0.17 of a cent to 0.92 US cents with 100 stock units crossing the exchange.
Similar to Friday six securities traded, with two rising, two declining and two remaining unchanged.
At the close, First Rock Capital dipped 0.84 of a cent to 7.16 US cents with an exchange of 37,444 shares, Margaritaville remained at 9 US cents with 150 stock units traded, Proven Investments rose 1 cent to finish at 25 US cents with ownership of 30,400 stocks switching. Sygnus Credit Investments fell 1 cent to 13 US cents with a transfer of 11,163 units and Transjamaican Highway rallied 0.13 of a cent cents to 0.93 of a US cent with 332,495 stock units crossing the exchange.
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.
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.
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.