Productive Business Solution

Volume rise, value falls on JSE USD market

September 25, 2020 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market declining after investors traded 172 percent more shares than on Thursday, but with a much lower value resulting in an even number of stocks rising and falling.
At the close of the market, trading ended with four securities changing hands compared to three on Thursday and ended with the prices of two stocks rising and two declining. The JSE USD Equities Index dropped 1.65 points to settle at 186.85, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 553,018 shares, accounting for US$8,738 compared to 203,639 units at US$55,318 on Thursday.
The average trade for the day amounted to 138,255 units changing hands at US$2,185, in contrast to an average of 67,880 shares at US$18,439 on Thursday. Trading ended, with an average of 91,342 units for the month to date at US$11,799 in contrast to 88,161 units at US$12,429. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Productive Business Solutions advanced 5 US cents in closing at 75 US cents in trading 3,280 stock units, Proven Investments advanced 1 US cent and ended at 26 US cents exchanging 2,200 stocks. Sygnus Credit Investments lost eight-tenths of a cent and settled at 13.5 US cents in clearing the market with 9,670 stocks and Transjamaican Highway fell 1.3 cents to close at 0.81 of a US cent, with 537,868 stock units passing through the market.

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

Rise in JSE USD market

September 24, 2020 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market inching higher after traded 50 percent more shares than on Wednesday, resulting in more stocks rising than falling.
At the close of the market, trading ended with three securities changing hands compared to three on Wednesday and ended with the prices of two stocks rising, none declining and one remaining unchanged.
The JSE USD Equities Index carved out a gain of 0.70 points to settle at 188.50, with the average PE Ratio ending at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 202,039 shares, accounting for US$54,918 compared to 135,825 units at US$9,628 on Wednesday.
The average trade for the day amounted to 67,346 units changing hands at US$18,306, in contrast to an average of 45,275 shares at US$3,209 on Wednesday. Trading ended, with an average of 86,489 units for the month to date at US$11,724 in contrast to 87,553 units at US$11,359. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments carved out a gain of 1 US cent to end at 25 US cents with investors exchanging 196,519 shares and Sygnus Credit Investments gained 1.3 US cents to settle at 14.34 US cents in trading just 20 units.
In the preference segment of the market, JMMB Group 6% settled at US$1.05 in exchanging 5,500 stocks.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Equityline Mortgage Investments, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Margaritaville, Productive Business Solution, Proven Investments, Sterling Investments, Sygnus Credit Investments, The Tree of Knowledge, Trading Activity, Transjamaican Highway

More spending on JSE USD market

August 24, 2020 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market index rising after investors traded 84 percent fewer shares but with a much higher value than on Friday, resulting in more stocks falling than rising.
At the close of the market, trading ended with six securities changing hands compared to four on Friday and ended with the prices of one stock rising, four declining and one remaining unchanged.
The JSE USD Equities Index climbed 1.95 points to settle at 187.78, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings. The market closed with an exchange of 175,169 shares, accounting for US$65,991 compared to 1,066,713 units at US$41,830 on Friday.
The average trade for the day amounted to 29,195 units changing hands at US$10,998, in contrast to an average of 266,678 shares at US$10,458 on Friday. Trading ended, with an average of 76,036 units for the month to date at US$4,722 in contrast to 80,051 units at US$4,184. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two 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 lost 0.45 of a cent to close at 8.5 US cents in trading 750 units, Productive Business Solutions remained at 70 US cents finishing, with 30 shares changing hands. Proven Investments lost one-tenth of a cent and settled at 24.75 US cents, with investors swapping ownership of 2,612 shares. Sygnus Credit Investments dropped 1 US cent in closing at 13 US cents and clearing the market with 135,477 shares and Transjamaican Highway gained six-tenths of a cent and settled at 0.09 of a US cent in an exchange of 3,000 stocks.
In the preference segment of the market, JMMB Group 5.75% dropped 9 US cents ending at a 52 weeks’ low of US$1.41, with 33,300 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

JSE USD Market slips in taking

July 23, 2020 by IC Insider.com

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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.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Margaritaville, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Trading picks upon JSE USD market

July 22, 2020 by IC Insider.com

Trading picked upon the Jamaica Stock Exchange US dollar Market on Wednesday as the volume passing through the market rose sharply over the levels on Tuesday.

First Rock led trading on the JSE USD market.

At the close of the market, trading ended with four securities changing hands, up from three on Tuesday, and ended, with the price of one stock rising, two declining and one remaining unchanged.
The USD Equities Index declined 1.10 points to close at 187.26 and the average PE Ratio of the JSE US Dollar Market ended at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,259,630 shares, accounting for US$113,462 compared to 13,724 units at US$2,552 on Tuesday.
An average of 314,908 units at US$28,366 traded for the day, in contrast to an average of 4,575 at US$851 on Tuesday. An average of 140,559 units traded for the month to date at US$20,066, in contrast to 130,303 units at US$19,577. 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 three stocks ended with bids higher than their last selling prices and one with la ower offer.
At the close of the market, First Rock Capital Investment traded 1,251,460 shares to close at 9 US cents, Productive Business Solutions advanced by 4 US cents to end at 70 US cents in exchanging 49 units. Proven Investments declined by one cent to 23.01 US cents after trading 2,581 shares and Sygnus Credit Investments carved out a loss 1 cent to settle at 14 US cents, with 5,540 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity

Volume dives on JSE US$ market

July 16, 2020 by IC Insider.com

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.

JSE US$ market bounces

July 8, 2020 by IC Insider.com

Volumes climbed sharply on the JSE US$ market on Wednesday but with a value that was similar to that on Tuesday as five securities changed hands, similar to Tuesday.
At the close, the JSE US Dollar Index advanced by 9.15 points to 188.86. Trading ended with the prices of four stocks rising, one declining and none closing unchanged. The average PE Ratio of the JSE US Dollar Market ended at 13.3 based on IC Insider.com forecasted 2020-21 earnings.
The market closed with an exchange of 168,832 shares, accounting for US$13,590 compared to 60,494 units at US$13,212 on Tuesday. The average trade for the day ended at 33,766 units at US$2,718 in contrast to an average of 12,099 at US$2,642 on Tuesday.
An average of 64,765 shares traded for the July to date, at US$5,489 for each security changing hands. In contrast to 76,698 units at US$6,022. For comparison, June ended with an average of 281,680 units at US$46,735.
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 two with lower offers.
At the close of the market, First Rock Capital Investment gained nine-tenths of a cent to end at 10 US cents, in exchanging nine units, Productive Business Solutions lost 2 cents and closed at 66 US cents in transferring 100 units. Proven Investments ended at 24.5 US cents, with a gain of half a cent trading 26,429 shares, Sygnus Credit Investments gained 1.9 cents to 15 US cents, after exchanging 41,550 shares and Transjamaica Highway traded 100,744 shares at and added one-tenth of a cent to 0.99 of a cent.

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

Transjamaican dominates JSE US$ market

June 30, 2020 by IC Insider.com

Trading picked up considerably on the US dollar market of the Jamaica Stock exchange on Tuesday, ending with 7,399,364 shares changing hands for US$123,152 compared to 95,388 units at $11,741 on Monday with TransJamaica Highway dominating trading.
The market closed with six securities changing hands with the prices of one stock rising, two declining and the prices of two closing unchanged. The average PE Ratio of the Market ended at 15.2 based on IC Insider.com’s forecasted 2020-21 earnings.
The average trade for Tuesday ended at 1,233,227 units at $20,525 in contrast to an average of 23,847 valued at $2,935 on Monday. The average volume and value for the month to date amounts to 281,680 units valued at US$46,787 in contrast to 236,368 units at US$46,984.
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 three bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital traded 106,922 to close at 10 US cents, Productive Business Solutions gained 4 cents to settle at 68 US cents in trading 1,049 units, Proven Investments declined by 1.98 cents ending at 22.01 US cents, with investors swapping 165,548 shares. Sygnus Credit Investments shed 2 cents to settle at 13 US cents with an exchange of 10,755 stock units and Transjamaican Highway rose one-tenth of a cent to close at 1.1 US cents after trading 7,114,092 stock units.
In the preference segment, Equityline Mortgage Investment traded 998 shares at US$1.95.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Equityline Mortgage Investments, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity, Trans Jamaican Highway

US$ market heavily rocked on Tuesday

June 23, 2020 by IC Insider.com

Trading jumped on the US dollar market on Tuesday with six securities changing hands compared to three on Monday and First Rock Capital dominating trading with 15.4 million shares for 96 percent of the day’s volume.

First Rock led trading with 15.4 million shares

At the close of the market, the Index carved out a miniscule rise of 0.02 points to close at 187.85 and the PE ratio averaged 13.1 times IC Insider.com projected 2020 earnings.
The market closed with the prices of two stocks advancing, two declining and two closing unchanged. Trading pushed investors to exchange 16,076,419 shares for US$1,552,647, in contrast to just 552,258 shares at US$125,657 on Monday.
At the close of market activity, First Rock Capital gained of 0.65 of a cent to close at 10 US cents, after trading 15,400,300 shares, infrequently traded, Productive Business Solutions exchanged 500 units at 64 US cents. Proven Investments gained 1 cent to end at 23 US cents, in swapping 19,851 stock units, Sygnus Credit Investments had 11,400 units transferred at 15 US cents and Trans Jamaican Highway lost less than one-tenth of a cent in trading 636,914 shares to end at 0.94 US cents.
In the US dollar preference shares segment, JMMB Group 6% traded 7,454 units with the loss of a cent to close at US$1.

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

Proven gains push JSE US$ index higher

June 12, 2020 by IC Insider.com

At the close of trading, the JSE US dollar market closed higher with the market index rising 5.08 points to 186.77 as the value and volume of stock changing hands dropped sharply compared to Thursday.

Proven Investments closed higher on Friday.

The PE ratio of the market closed with an average of 12.9 times IC Insider.com projected 2020 earnings.
As was the case on Thursday, the market closed with just three securities changing hands, with only one stock rising, one declining and one remaining unchanged. Market activity resulted in 701,862 units crossing the market at US$78,028, in contrast to 2,663,090 units at US$471,391 changing hands on Thursday.
At the close of market activity, Productivity Business Solution lost 11 cents, trading only 452 shares to close at 64 US cents. Proven Investments rose 0.55 of a cent to end at 23.90 US cents, exchanging 320,080 shares and Trans Jamaican Highway closed with 381,330 units changing hands at 0.99 of a US cent.