Trading jumps on JSE USD market

July 29, 2020 by

Trading jumped on the Jamaica Stock Exchange US dollar market on Wednesday over Tuesday levels, with an exchange of 809,346 shares, accounting for US$182,887 compared to 136,951 units at only US$11,645 on Tuesday.

Proven Investments traded the most shares on the market.

The market close, with six securities changing hands with the prices of three stocks rising, one declining and two remaining unchanged.
The JSE USD Equities Index lost 0.25 points to settle at 183.29, and the average PE Ratio of the market ended at 12.96 based on IC Insider.com’s forecast of 2020-21 earnings.
An average of 134,891 units traded at US$30,481 on Wednesday, in contrast to an average of 27,390 at US$2,329 on Tuesday. For the month to date, 137,910 units, on average, traded at US$18,570 in contrast to 138,111 units at US$17,776. By comparison, June ended with an average of 281,680 units valued at US$46,787.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment shed 1.9 US cents to settle at 7.1 US cents, with 5,585 stock units clearing the market, Margaritaville ended at 16 US cents with investors swapping 21,000 shares. Proven Investments shed 2.5 cents and closed at 23 US cents after finishing trading 775,788 units and Sygnus Credit Investments gained one-tenth of a cent and ended at US 14.1 cents, with 6,880 stock units crossing the market.
In the preference share segment, Equityline Mortgage Investment advanced by US 2 cents in closing at US$1.97, with investors swapping 49 shares and JMMB Group 6% settled at US$1.05 while exchanging 44 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE USD market ekes out gains

July 24, 2020 by

Proven Investments led trading on the JSE USD market on Friday.

At the close of the Jamaica Stock Exchange US dollar Market, trading ended with five securities changing hands with the prices of two stocks rising, one declining and two remaining unchanged.
At the close, the JSE USD Equities Index carved out a gain of 0.73 points to close at 187.71, and the average PE Ratio of the market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 496,779 shares, accounting for US$112,338 compared to 988,533 units at US$16,715, from five securities on Thursday.
An average of 99,356 units at US$22,468 traded for the day, in contrast to an average of 197,707 at US$3,343  on Thursday. An average of 141,531 units traded for the month to date at US$19,192, for each security, in contrast to 144,270 units at US$18,980. By comparison, June ended with an average of 281,680  units valued at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents in exchanging 6,111 shares, JMMB Group 5.75% gained 5 cents to end at U$$2.10 in exchanging a mere 48 units, Margaritaville ended at 16 US cents with investors swapping just 96 stock units. Proven Investments lost a fraction of a cent to close at 23 US cents, with 457,524 shares changing hands and Sygnus Credit Investments gained three-quarters of a cent to end at 14 cents, with 33,000 stock units crossing the exchange. 
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE USD Market slips in taking

July 23, 2020 by

Trading remained moderate on Jamaica Stock Exchange US dollar Market on Thursday, with the volume and value of stocks trading falling well below that on Wednesday.
The market ended with five securities changing hands, one more than on Wednesday and ended with the price of one stock rising, one declining and three remaining unchanged.
The JSE USD Equities Index lost 0.28 points to close at 186.98 and the average PE Ratio of the JSE US Dollar Market ended at 13.1, based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 988,533 shares, accounting for US$16,715 compared to 1,259,630 units at US$113,462 on Wednesday.
An average of 197,707 units traded at US$3,343 for the day, in contrast to an average of 314,908 at US$28,366 on Wednesday. An average of 104,270 units traded for the month to date at US$18,980, in contrast to 140,559 units at US$20,066.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment remained at 9 US cents after finishing trading 51,169 units, Margaritaville ended at 16 US cents, with 12,000 units crossing the market, Productive Business Solutions remained at 70 US cents, with 171 stock units passing through the market. Sygnus Credit Investments declined by 0.08 of a cent in closing at 13.25 US cents and finishing with 10,272 units passing through the market and Transjamaican Highway gained one-tenth of a cent to end at 0.99 of a US  cent with investors switching ownership of 914,921 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Volume dives on JSE US$ market

July 16, 2020 by

Trading on the Jamaica Stock Exchange US dollar Market, ended with more securities trading than on Wednesday, with far less volume and value as just 156,430 shares traded for $14,081 compared to 3,756,338 units at $854,239 on Wednesday.
At the close, six securities changed hands with all closing prices ending unchanged, compared to four stocks that traded on Wednesday. At the close of the market, the US Equities Index gained 0.51 points to close at 184.86 and the average PE Ratio of the JSE US Dollar Market ended at 12.6 based on IC Insider.com’s forecasted 2020-21 earnings.
An average of 26,072 units at US$2,347, for each security traded on Thursday. In contrast, an average of 939,085 at US$213,560 on Wednesday. An average of 139,781 units traded for the month to date for US$19,942 each, in contrast to 153,426 units at US$22,054. In Contrast, June ended with an average of 281,680 units valued at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment closed at 9 US cents while exchanging 75,495 shares, Margaritaville closed at 16 cents with 649 units crossing the market, Productive Business Solutions settled at 66 cents in trading 800 units. Proven Investments ended at 23 US cents with investors switching ownership of 22,026 stock units, Sygnus Credit Investments ended at 15 US cents while exchanging 7,460 units and Transjamaican Highway closed at 0.94 US cent with investors trading 50,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE US$ market slips on Monday

July 13, 2020 by

The JSE US dollar market closed on Monday with moderate trading with prices falling, leading to a reduction in the US dollar market Index slipping 2.99 points to close at 185.85.
Trading ended on Monday with four securities changing hands, the same that traded on Friday. At the close, there was no stock ended with an increase in prices, while the prices of two declined and the prices of two closed unchanged. The average PE Ratio of the JSE US Dollar Market ended at 12.8 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 139,745 shares at $10,734 compared to 99,240 units for $21,765 on Friday.
The average trade for the day ended at 34,936 units at $2,684, in contrast to an average of 24,810 valued at $5,441 on Friday. Each security traded an average of 83,683 shares for the month to date, amounting to US$5,438 units, in contrast to 88,814 units at $5,438. June ended with an average of 281,680 units changing hands at $46,787 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Margaritaville traded 68 shares to settle at 16 US cents, Proven Investments close at 23 US cents with an exchange of 41,547 shares. Sterling Investments declined by three-tenths of a cent to settle at 2 US cents with an exchange of 23,130 units and Transjamaica Highway dropped by one-tenth of a cent to 0.94 US cents, exchanging 75,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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More cash goes into US$ stocks

July 6, 2020 by

Investors traded fewer shares in the JSE US Dollar Market on Monday but committed much more funds to transact the trades than they did on Friday.
At the close, the JSE US dollar Index dropped by 0.30 points to 179.89. Trading ended, with seven securities changing hands up from four on Friday with the prices of two stocks rising, one declining and three closing unchanged.
The average PE Ratio of the market ended at 13 based on IC Insider.com’s forecasted 2020-21 earnings. The market closed with an exchange of 176,139 shares, for $58,052 compared to 224,150 units at $7,470 on Friday.
An average of 25,163 units traded on Monday at US$8,293 for each security. In contrast, an average of 56,038 shares traded at just $1,868 each on Friday. The average volume and value for the month to date amounts to 92,078 units valued at US$6,827 in contrast to 125,536 units at US$6,094. The average trade for June amounted to 281,680 units at US$46,735 each.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital gained 4 tenths of a cent, to land at 9.4 US cents in an exchange of 30,140 units. Margaritaville closed at 16 US cents in trading 5,952 shares, Proven Investments traded 950 units at 23 US cents, Transjamaica Highway lost one-tenth of a cent, to close at 0.95 of a cent, with 1,238.234 shares crossing the exchange.
In the preference share segment of the market, JMMB Group 5.75% preference share rose 31 cents ending at $2.32 with an exchange of 5,000 units and JMMB Group 6% traded 41,500 shares at US$1.

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

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Trading down on US$ market

June 29, 2020 by

Trading on the Jamaica Stock Exchange US dollar market, dived sharply on Monday, resulting in an exchange of 95,388 shares at US$11,741   compared to 1,394,242 shares for US$56,795 on Friday. 
Market activities ended, with four securities changing hands, with the prices of one stock rising and three declining. The market index gained 1.28 points to 189.12 at the close and the average PE ratio of the market ended the day at 15.1 based on IC Insider.com’s 2020-21 earnings forecast.
The average trade of the day was 23,847 units at $US$2,935, in contrast to an average of 464,747 units at $US$18,932 on Friday. The average volume and value for the month to date amounts to 236,368 units valued at US$46,984 in contrast, 243,336 units valued at US$50,949 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital saw shareholders trading 77,530 shares with the price falling four-tenths of a cent to close at 10 US cents, Margaritaville lost one-tenth of a cent, to close at 17.9 US cents after 6,000 stock units were exchanged by investors. Proven Investments dropped 1.51 cents to end at 23.99 US cents after 9,958 stock units traded and Sygnus Credit Investments rose one and a half cents in trading 1,900 shares to end at 15 US cents.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading picks up for JSE US dollar market

April 29, 2020 by

Volume picked up sharply in trading on the Jamaica Stock exchange US dollar market on Wednesday well up on the paltry levels on the previous two days when less than 30,000 shares changed hands.
Market activity resulted in seven securities changing hands, with one stock rising, four declining and two left unchanged. Investors exchanged 990,048 units valued at $72,533, in contrast to just 314,331 shares valued US$4,048 on Tuesday.
At the close, the market index gained 1.40 points to close at 188.97 and the PE ratio of the market ended with an average of 12.6 times 2020 earnings.
First Rock Capital lost 1 cent trading 8,301 units at 8 US cents, Margaritaville lost 2 US cents after exchanging 2,349 shares at 18 US cents, Proven Investments ended trading 270,393 shares at 24 US cents. Sygnus Credit Investments  Investments lost 1.2 cents to close at 12.8 US cents in transferring 100 units and Trans Jamaican Highway ended with a loss of 0.3 of a cent at 0.91 US cents in exchanging 708,835 shares.
In the US dollar preference segment of the market Eppley 5% rose by 2 cents trading 30 units to close at US$1 cents, JMMB Group 6% share traded 40 units at US$1.10.

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

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Trans Jamaica dominates US trading

March 24, 2020 by

Trans Jamaica Highway commenced trading in the US dollar market having been listed at the start of trading and dominated market activity 86 percent of the day’s volume.
At the close of trading, the US dollar market ended with 2,713,918 units for $94,890 with the market declining 15.09 points to close at 184.86. First Rock Capital lost 0.6 of a cent to close at 8.4 US cents, with an exchange of 8,880 units, JMMB Group 6% preference share lost 1 cent to close at US$1, with 479 stock units changing hands, Margaritaville traded 100 shares at 24 US cents. Proven Investments shed 1.5 cents in swapping 332,924 units and closed at 23.5 US cents, Sterling Investments lost half of a cent in trading 32,300 stock units and closed at 2 US cents. Sygnus Credit Investments traded 6,264 units 12 US cents and Trans Jamaican Highway shed .001 of a cent in transferring 2,332,971 shares to end the day at 0.9 of a US cent.

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

 

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Rebound for JSE Main Market

January 9, 2020 by

The Main Market of the Jamaica Stock Exchange ended trading on Thursday with the major indices rebounding from the previous day’s losses with two stocks closing at 52 weeks’ highs.
Productive Business Solution and Proven Investments also closed at new highs, trading in the US dollar market.
At the close, the JSE All Jamaican Composite Index advanced 3,126.84 points to close at 560,098.30, the JSE Market Index gained 2,810.80 points to 510,084.90 and the JSE Financial Index climbed 0.46 points to 137.73.
The market closed with 47 securities changing hands in the Main and US dollar markets with the prices of 24 securities advancing, 10 declining and 13 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 23,950,566 units valued at $50,135,329 in contrast to 14,950,690 units valued at $64,523,919 from 39 securities on Wednesday.
Wigton Windfarm dominated trading with 13.7 million shares for 57 percent of total Main Market volume. Sagicor Select Financial Fund followed with 6.4 million units for 27 percent of the day’s trade, and Sagicor Select Manufacturing & Distribution Fund with 2.1 million stock units for 9 percent of the market’s volume.
The Market closed with an average of 570,252 units valued at an average of $1,193,698 for each security traded, in contrast to 383,351 units valued at an average of $2,142,837 on Wednesday. The average volume and value for the month to date amounts to 417,032 units valued at $1,887,966 for each security changing hands, compared to 470,120 units valued at $2,039,050 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and three stocks closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.2 times 2019 earnings.
In the prime market, Barita Investments closed $1.64 lower to settle at $72.36 with 18,108 shares traded, Caribbean Cement gained 99 cents to end at $80 with 6,050 units changing hands, Eppley Caribbean Property Fund dropped 95 cents and ended at $41.05 in trading 1,229 stock units. Grace Kennedy advanced $1 to a 52 weeks’ high of $76 after 2,255 units crossed the exchange, Jamaica Broilers closed $1 higher to settle at $40 trading 12,432 shares, Jamaica Producers Group climbed by $2, settling at $26 with 6,023 shares changing hands. Jamaica Stock Exchange gained 40 cents swapping 28,813 units to end at $28.38, JMMB Group closed 42 cents higher at $48.40 after transferring 71,326 units, Kingston Properties gained 98 cents to end at $7.99, with 24,622 shares changing hands. Kingston Wharves gained $2.89 to end at $60.90 with 2,466 crossing the exchange, Mayberry Investments dropped $1.15 after trading 17,583 units to end at $8.45, Mayberry Jamaican Equities closed at $11.94, after gaining 28 cents in exchanging 27,800 shares. PanJam Investments lost $1, ending at $101 after trading 19,804 units, Proven Investments climbed $3 to $50, with 9,931 units changing hands, Sagicor Group gained $2.40 to settle at $72.90 in trading 23,684 shares. Salada Foods closed $1.20 lower at $35, after swapping 3,252 shares, Scotia Group gained $3.70 to end at $58.70 with 22,814 shares changing hands, Sygnus Credit Investments rose 40 cents to settle at $26.40 in trading 92,554 shares and Victoria Mutual Investments gained 95 cents to close at a 52 weeks’ high of $10, with an exchange of 161,614 shares. Trading in the US dollar market ended with 255,781 units valued at over US$45,167. The market index advanced 7.59 points to close at 235.96.
Margaritaville Turks picked up 1 US cent trading 304 units, to end at 35 US cents, Productive Business Solution climbed to a 52 weeks’ high of 70 US cents, after gaining 5 US cents trading 900 shares. Proven Investments exchanged 67,105 units with gains of 4 US cents to close at a 52 weeks’ high of 37 US cents, Sterling Investments rose the fraction of a cent to close at 3 US cents from 2.9 US cents previously in transferring 40,496 shares and Sygnus Credit Investments traded 146,976 shares at 14 US cents.

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