Trading jumps on JSE USD Market, prices fall

January 29, 2025 by
Trading jumped on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded surging 680 percent with a 229 percent greater value than on Tuesday, resulting in an exchange of seven securities, down from 11 on Tuesday with prices of three declining and four ending unchanged.
The market closed with an exchange of 331,937 shares for US$18,427 up from 42,535 stocks at US$5,597 on Tuesday. Trading averaged 47,420 shares at US$2,632 well above 3,867 stocks at US$509 on Tuesday. Trading closed with a month to date average of 112,030 units at US$4,623 in line with 114,839 stocks at US$4,710 on the previous day and below December with an average of 229,957 units for US$7,451. The US Denominated Equities Index fell 0.30 points to conclude trading at 236.20. The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and none with a lower offer. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.5. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the market, First Rock Real Estate USD share ended at 3.79 US cents with investors trading 19,155 units, MPC Caribbean Clean Energy skidded 5 cents and ended at 60 US cents with 100 stocks passing through the market, Proven Investments remained at 12.55 US cents after an exchange of 888 shares. Sterling Investments closed at 1.8 US cents with investors swapping 1,915 stocks, Sygnus Credit Investments ended at 7 US cents after an exchange of 204,834 shares and Transjamaican Highway lost 0.03 of one cent in closing at 2.7 US cents with investors trading 105,015 stock units. In the preference segment, Productive Business Solutions 9.25% preference share shed 17 cents to US$10.58 in an exchange of 30 units. Prices of securities trading are those for the last transaction of each stock unless otherwise stated. .
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Transjamaican pumps up JSE USD trades

January 22, 2025 by
Trading in Transjamaican Highway jumped sharply with more than 10.8 million of its shares were exchanged on the Jamaica Stock Exchange US dollar market on Wednesday, pushing the volume of stocks traded on the market surging 3,236 percent over trading on Tuesday, with a 2,636 percent leap in value, resulting in the exchange of six securities, compared with seven previously with prices of three rising, two declining and one ending unchanged.

The market closed with an exchange of 10,853,995 shares for US$299,532 up from just 325,340 stocks at US$10,946 on Tuesday.
Trading averaged 1,808,999 shares at US$49,922 compared to 46,477 stocks at US$1,564 on Tuesday, with a month to date average of 136,283 units at US$5,038 compared with 54,018 stocks at US$2,831 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index sank 1.61 points to settle at 236.80. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, MPC Caribbean Clean Energy declined 4.58 cents to 65 US cents with a transfer of a mere one share, Proven Investments ended at 12.79 US cents as investors exchanged 792 stocks, Sterling Investments gained 0.29 of a cent to end at 1.75 US cents after 1,070 shares passed through the market. Sygnus Credit Investments rose 0.8 of a cent in closing at 6.95 US cents after trading 2,866 stock units and Transjamaican Highway fell 0.07 of one cent to close at 2.8 US cents with a heavy trade of 10,849,216 shares.

In the preference segment, Productive Business Solutions 9.25% preference share climbed 30 cents to finish at US$10.70 after an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Transjamaican pushes JSE USD trades

January 17, 2025 by
Trading climbed on the Jamaica Stock Exchange US dollar market on Friday, following an exchange of 611,732 units of Transjamaican Highway shares accounting for nearly 73 percent of the overall volume traded following a 946 percent jump in the volume of stocks traded with a 211 percent more value than on Thursday, resulting from an exchange of seven securities, compared with eight on Thursday with prices of three rising, two declining and two ending unchanged.

The market closed after an exchange of 843,267 shares for US$30,797 compared with 80,626 stock units at US$9,893 on Thursday.
Trading ended with an average 120,467 stock units at US$4,400 compared to 10,078 shares at US$1,237 on Thursday, with a month to date average of 58,908 units at US$3,028 compared with 54,555 stocks at US$2,931 on the previous day and December that ended with an average of 229,957 shares for US$7,451. The US Denominated Equities Index shed 4.42 points to conclude trading at 234.01. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close, MPC Caribbean Clean Energy popped 9.08 cents in closing at 69.58 US cents with investors trading just 7 stock units, Proven Investments climbed 0.9 of a cent to 12.8 US cents with an exchange of 46,301 shares, Sterling Investments rose 0.03 of one cent to close at 1.75 US cents while 73,573 stocks were traded. Sygnus Credit Investments slipped 0.9 of a cent to 6 US cents as investors exchanged 111,539 units, Sygnus Real Estate Finance USD share ended at 5.9 US cents to close with 67 stocks changing hands and Transjamaican Highway dipped 0.33 of one cent to finish at 2.56 US cents in an exchange of 611,732 units.

In the preference segment, Productive Business Solutions 9.25% preference share remained at US$10.70 with 48 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading upturn on JSE USD market  

January 9, 2025 by
The number of shares traded climbed 80 percent with a 22 percent rise in value at the close on Thursday on the Jamaica Stock Exchange US dollar market over the previous day, and similar to Wednesday eight securities were traded, with prices of one rising, five declining and two ending unchanged.

The market closed with an exchange of 590,745 shares for US$30,825 up from 328,177 stocks at US$25,278 on Wednesday. Trading averaged 73,843 shares at US$3,853 compared to 41,022 stocks at US$3,160 on Wednesday, with a month to date average of 67,657 units at US$3,666 compared with 66,604 stocks at US$3,634 on the previous day and December that ended with an average of 229,957 units for US$7,451. The US Denominated Equities Index increased by 0.11 points to end at 234.80. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the trading activity, AS Bryden remained at 19.44 US cents in an exchange of 94 stock units, First Rock Real Estate USD share skidded 0.29 of one cent and ended at 2.11 US cents with 39,364 shares passing through the market, Sterling Investments lost 0.29 of one cent to close at 1.43 US cents with 2,404 units switching owners. Sygnus Credit Investments shed 0.1 of a cent to end at 6.9 US cents as investors traded 300,027 stocks and Transjamaican Highway ended at 2.79 US cents with 248,655 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preferred share advanced 40 cents to close at US$10.90 in an exchange of 100 stocks. Sygnus Credit Investments US 8% fell 10 cents to US$9.40 with investors trading 100 units and Sygnus Credit Investments E8.5% dipped 29 cents to close at US$9.71 with an exchange of just one stock unit.

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

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Trading sinks on the JSE USD Market

January 6, 2025 by
Trading dived on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded declining 92 percent with a 57 percent lower value than on Friday, resulting in an exchange of nine securities, down from 10 on Friday with prices of four rising, two declining and three ending unchanged.

The market closed following an exchange of 172,833 shares valued at US$26,689, down considerably from 2,139,002 stocks at US$61,591 on Friday. Trading averaged 19,204 shares at US$2,965 down from 213,900 stocks at US$6,159 on Friday, with a month to date average of 87,831 stock units at US$3,566 compared with 122,145 stocks at US$3,866 on the previous trading day and December with an average of 229,957 units for US$7,451.
The US Denominated Equities Index rose 1.11 points to close trading at 235.70. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share rallied 0.2 of a cent to 2.4 US cents with investors trading 3,470 stock units, Margaritaville remained at 6.78 US cents after a transfer of 530 shares, Proven Investments slipped 0.5 of a cent to close at 11.5 US cents, with 26,549 stocks clearing the market. Sygnus Credit Investments ended at 7 US cents in trading 16,971 units, Sygnus Real Estate Finance USD share rose 0.03 of a cent to end at 5.9 US cents after an exchange of 232 stocks and Transjamaican Highway gained 0.07 of a cent in closing at 2.8 US cents with investors trading 123,117 shares.

In the preference segment, Productive Business Solutions 9.25% preferred share slipped 10 cents to US$10.80 with an exchange of 50 stock units, Sygnus Credit Investments US 8% remained at US$9.50 with 1,858 units changing hands and Sygnus Credit Investments E8.5% popped 50 cents in closing at US$10 with investors dealing in 56 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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JSE USD trading leaps, index drops

January 3, 2025 by
The Jamaica Stock Exchange US dollar market suffered a sizable fall on Friday with the market Index plunging 17.72 points to close trading at 234.60, following a huge 3,489 percent jump in the volume of stocks traded and a 670 percent jump in value over Thursday’s trades, resulting from an exchange of 10 securities, compared with eight on Thursday with the price of one rising, four declining and five ending unchanged.

The market closed with an exchange of 2,139,002 shares valued at US$61,591 compared to 59,603 stocks at US$7,997 on Thursday. Trading averaged 213,900 shares at US$6,159 compared to 7,450 stocks at US$1,000 on Thursday, with a month to date average of 122,145 units at US$3,866 compared to December that ended with an average of 229,957 units for US$7,451.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings computed by ICInsider.com, for companies with financial year ending around August 2025.
At the close, AS Bryden sank 0.56 of one cent in closing at 19.44 US cents after the trading of 100 stock units, First Rock Real Estate USD share declined 0.2 of a cent to 2.2 US cents in an exchange of 278 shares, Margaritaville remained at 6.78 US cents with investors dealing in 318 units. MPC Caribbean Clean Energy ended at 60.5 US cents with 68 stocks switching owners, Productive Business Solutions fell 0.01 of a cent to end at US$1.4499 with 765 units passing through the market, Proven Investments ended at 12 US cents as investors exchanged 1,441 stocks. Sygnus Credit Investments remained at 7 US cents with 2,806 shares clearing the market and Transjamaican Highway slipped 0.25 of one cent to close at 2.73 US cents after an exchange of 2,133,089 stock units.

In the preference segment, Productive Business Solutions 9.25% preference share gained 40 cents to close at US$10.90 with a mere 10 shares changing hands and Sygnus Credit Investments US 8% ended at US$9.50 with 127 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading drops into 2025 on JSE USD market

January 2, 2025 by
Trading dropped sharply on the Jamaica Stock Exchange US dollar market to start the new year on a subdued note on Thursday, with a 94 percent drop in the volume of stocks traded, with a 75 percent lower value than on Tuesday, resulting in exchanges of eight securities, down from 11 on Tuesday with prices of five rising, two declining and one ending unchanged.

The market closed with trading in 59,603 shares for US$7,997 down from 926,638 stocks at US$32,454 on Tuesday. Trading closed with an average of 7,450 shares at US$1,000 well below the 84,240 stocks at US$2,950 on Tuesday, with a month to date average of 7,450 units at US$1,000 compared with 229,957 stocks at US$7,451 on the previous day and December that ended with an average of 229,957 units for US$7,451.

The US Denominated Equities Index popped 0.44 points to close trading at 252.31. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Margaritaville ended at 6.78 US cents with 1,000 stock units passing through the market, MPC Caribbean Clean Energy rallied 5.5 cents to end at 60.5 US cents with investors dealing in 270 shares, Proven Investments dipped 0.87 of one cent to close at 12 US cents with 12,628 stocks crossing the market. Sterling Investments rose 0.03 of a cent to finish at 1.75 US cents in an exchange of 3,060 units, Sygnus Credit Investments advanced 0.01 of a cent and ended at 7 US cents with traders dealing in 17,355 stock units, Sygnus Real Estate Finance USD share popped 1.49 cents to close at 5.87 US cents in an exchange of 267 units and Transjamaican Highway fell 0.01 of one cent to 2.98 US cents with 24,623 shares clearing the market.

In the preference segment, Productive Business Solutions 9.25% preference share gained 20 cents to close at US$10.50 as investors exchanged 400 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading jumps on falling JSE USD Market

December 24, 2024 by

The Jamaica Stock Exchange US dollar market closed Tuesday, with the volume of stocks traded jumping 1,760 percent valued 1,261 percent greater than on Monday, resulting in an exchange of 11 securities, up from seven on Monday, with prices of four rising, two declining and five ending unchanged.

The market closed with an exchange of 598,456 shares for US$39,389, up from 32,183 stocks at US$2,895 on Monday. Trading averaged 54,405 shares at US$3,581, well above the 4,598 stocks at US$414 on Monday, with the month to date averaging 262,778 units at US$8,484 slightly down from 280,547 stocks at US$8,902 on the previous day compared to November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index declined 3.62 points to end at 226.51. The 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.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the closing on Christmas Eve, First Rock Real Estate USD share gained 0.05 of a cent in closing at 2.4 US cents after a transfer of 101,301 units, Margaritaville ended at 6.78 US cents with traders dealing in just 2 stocks, MPC Caribbean Clean Energy declined 5 cents to close at 55 US cents with 31 shares crossing the market. Productive Business Solutions ended at US$1.45 with an exchange of 13 stock units,  Proven Investments ended at 11.1 US cents with 273,896 shares clearing the market, Sterling Investments rose 0.12 of a cent to close at 1.72 US cents as investors traded 65,201 stocks. Sygnus Credit Investments remained at 7 US cents in trading 99 stocks, Sygnus Real Estate Finance USD share stayed at 5.88 US cents after an exchange of 711 units and Transjamaican Highway slipped 0.11 of a cent and ended at 2.75 US cents with investors trading 157,067 shares.

In the preference segment, JMMB Group US8.5% preferred share rallied 3.14 cents to close at US$1.1414 in an exchange of 25 units and Productive Business Solutions 9.25% preferred share popped 9 cents to close at US$10.30 with trading in 110 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading on JSE USD Market drops

December 10, 2024 by
Securities trading jumped on Tuesday to 11, up from nine on Monday with prices of three rising, six declining and two ending unchanged on the US dollar market of the Jamaica Stock Exchange and ending with the volume of stocks traded declining 20 percent with the value 18 percent lower compared to Monday.

The market closed with an exchange of 914,504 shares for US$33,725 compared with 1,136,259 stocks at US$40,985 on Monday.
Trading averaged 83,137 shares at US$3,066 compared with 126,251 stocks at US$4,554 on Monday, with a month to date average of 135,833 stock units at US$4,711 down from 147,427 stocks at US$5,072 on the previous day and November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index dipped 1.13 points to settle at 229.82. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the JSE USD market, First Rock Real Estate USD share ended at 2.4 US cents after an exchange of 12,810 stock units, Margaritaville skidded 1.2 cents and ended at 6.8 US cents with 4,778 shares crossing the market, MPC Caribbean Clean Energy advanced 5 cents to 60 US cents with an exchange of only 5 units. Proven Investments rose 0.05 of one cent to end at 11.05 US cents after investors ended trading 3,093 stock units, Sterling Investments lost 0.25 of a cent to close at 1.31 US cents after an exchange of 50,001 shares, Sygnus Credit Investments dropped 0.39 of a cent to close at 6.6 US cents with 15,191 stocks trading and Transjamaican Highway sank 0.15 of one cent to 2.7 US cents with 822,825 stocks changing hands.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.10 with 5,593 units crossing the market, Productive Business Solutions 9.25% preference share slipped 10 cents and ended at US$10.20 in trading 155 shares. Sygnus Credit Investments US 8% fell 2 cents to close at US$9.58 with 48 stock units changing hands and Sygnus Credit Investments E8.5% rallied 10 cents to end at US$9.10 with traders dealing in 5 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading jumps on the JSE USD Market

December 9, 2024 by
The Jamaica Stock Exchange US dollar market closed Monday, with a 202 percent jump in the volume of stocks traded with a 107 percent greater value, resulting from an exchange of nine securities, up from seven on Friday with prices of six rising, two declining and one ending unchanged.

The market closed with an exchange of 1,136,259 shares for US$40,985 compared to 376,670 stocks at US$19,813 on Friday. Trading ended with an average of 126,251 shares at US$4,554 from 53,810 stocks at US$2,830 on Friday, with a month to date average of 147,427 units at US$5,072 down from 152,075 stocks at US$5,186 on the previous day and November that ended with an average of 186,934 units for US$9,182. The US Denominated Equities Index sank 10.16 points to end the day at 230.95. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the market, First Rock Real Estate USD share increased 0.3 of a cent to end at 2.4 US cents in an exchange of 280 stocks, MPC Caribbean Clean Energy remained at 55 US cents with just 3 units crossing the market, Productive Business Solutions shed 27 cents to end at US$1.50 with traders dealing in 255 shares. Sterling Investments popped 0.19 of one cent to close at 1.56 US cents with 10,148 stock units switching owners, Sygnus Credit Investments rallied 0.41 of one cent and ended at 6.99 US cents after an exchange of 2,553 shares and Transjamaican Highway rose 0.06 of a cent to finish at 2.85 US cents with 1,117,540 units changing hands.

In the preference segment, JMMB Group US8.5% preference share sank 1 cent to US$1.10 and closed with the trading of 5,129 stocks, JMMB Group 5.75% climbed 2 cents to end at US$1.82 with an exchange of 31 stock units and Productive Business Solutions 9.25% preference share gained 30 cents to finish at US$10.30 with 320 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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