Low keyed trading for JSE USD market

Trading remained low keyed on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded declining 61 percent, with an 8 percent lower value than on Tuesday, and ended, with eight securities trading, against 10 on Tuesday with three rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index slipped 0.32 points to end at 223.86. The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between September 2022 and August 2023.
Overall, 145,513 shares traded for US$15,594 compared to 368,735 units at US$16,968 on Tuesday. Trading averaged 18,189 units at US$1,949, compared to 36,874 shares at US$1,697 on Tuesday, with a month to date average of 43,699 shares at US$2,664 versus 45,504 units at US$2,714 on the previous day. Tuesday. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share rallied 0.04 of a cent to 7.94 US cents, with 9,698 shares crossing the exchange, Margaritaville remained at 15 US cents in an exchange of 58 stock units, Productive Business Solutions popped 1 cent to end at US$1.18 after exchanging one stock. Proven Investments finished at 26.45 US cents trading 1,527 stocks, Sterling Investments ended at 2 US cents with the swapping of 40,399 stocks, Sygnus Credit Investments USD share fell 0.59 of a cent to 12.4 US cents, with 81,861 shares clearing the market and Sygnus Real Estate Finance USD share dropped 2.14 cents to 12.5 US cents while exchanging 10,000 units.
In the preference segmentJMMB Group 6% climbed 0.23 of one cent in closing at US$1.10 after 1,969 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks edged out losers

At the close of trading on Tuesday, the volume of stocks exchanged rose 50 percent as the value fell 69 percent from Monday’s activity on the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling.
Compared to nine on Monday, ten securities were traded, with three rising, two declining and five ending unchanged. The JSE US Denominated Equities Index lost 1.12 points to end at 223.18.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 368,735 shares traded for US$16,968 versus 246,032 units at US$54,963 on Monday. Trading averaged 36,874 units at US$1,697, compared to 27,337 shares at US$6,107 on Monday, with month to date average of 45,504 shares at US$2,714 versus 46,342 units at US$2,813 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7.9 US cents in an exchange of 21 shares, Margaritaville finished at 15 US cents trading 62 units, MPC Caribbean Clean Energy fell 6 cents to US$1.20 with 150 stock units clearing the market. Productive Business Solutions dropped 1 cent to US$1.17 with just one stock crossing the market, Proven Investments remained at 26.45 US cents after exchanging 12,853 stock units, Sterling Investments finished at 2 US cents, with 91,834 units changing hands. Sygnus Credit Investments USD share rose 0.34 of one cent to 12.99 US cents trading 61,361 stocks and Transjamaican Highway ended at 1.02 US cents with an exchange of 200,940 shares.
In the preference segmentEppley 6% preference share rallied 16.7 cents in closing at US$1.127, with 1,509 stock units crossing the exchange and JMMB Group 6% popped 7.77 cents after ending at US$1.0977 in switching ownership of 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

72% gains for ICTOP10 winner

Stationery and Office Supplies (SOS) is up 72 percent in 2022 and is heading to more than $20 with projected earnings of $1.25 for the year. SOS made the ICTOP15 list in January at 12 spot to produce a 200 percent gain for the year. It came into TOP10 in the week ending January 21, in the 6th spot and exited the TOP10 on the week ending April 22.

Stationery & Office Supplies hit a record high on Friday.

Stationery & Office Supplies – Montego Bay office.

Over the past two weeks, company results have been coming out fast and furious, with many posting solid increased profits over the first quarter of 2021, as the economy continues to recover and cost savings also takes hold to help lift profits to record levels in many cases.
One company to benefit from improved results for the first quarter results to March is SOS, with revenues rising 37 percent to $427 million and profits surging 344 percent to $81 million before gains from the sale of a property, investors belated warmed to the stock pushing it to a 52 week’s high of $11.02 and out of ICTOP10. Based on the results, ICInsider.com upgraded earnings from $1.10 to $1.25. Investors in the stock can look for a possible stock split this year if the price rises.
It is well worth noting that the Junior Market peaked at 4,669.78 points at the market opening on May 10 and pulled back to 4,444.25 on Friday as new quarterly results tempered investors in some overvalued stocks that have started to adjust downwards as reality sets in. Among them is Fesco, which was selling at a PE of 50 times the current year’s earnings. There seem to be more painful adjustments to come for investors in this stock. MailPac also suffered a reversal in price after the first quarter results disappointed investors, with lower revenues and earnings.
It is not unusual for investors to take a break after mid-May each year, with most results released and return in late June or early July just ahead of the new earnings season for the half year. Against this background, trading could move sideways for a month or two, but the Lasco companies, Access and Medical Disposables could light up the market when they release results in a few weeks.

Berger Paints annual report had good news for investors to digest.

In the Main Market, Jamaica Stock Exchange was added to the ICTOP10 recently but slipped out last week and reported solid results for the March quarter, with profit jumping 84 percent after revenues rose 37 percent. The projected earnings were downgraded to $1.30 from $3, leaving the stock just about appropriately valued. Berger Paints came out with solid earnings, resulting in our projection being upgraded from $1.70 to $2.35, helped by a sharp cut in other operating expenses from $160 million in 2021 to $117 million and now heads the Main Market TOP10 list.
Elite Diagnostic gained 3 percent for the week at $4, but the promise that the company showed when it was listed has started to show again, with revenues in the third quarter rising 24 percent to $161 million and profit surging to $28 million from $4.4 million in 2021. Based on the results, earnings for the current year ending in June are projected at 24 cents and 55 cents for the 2022/23 fiscal year.
Former ICTOP10 listing, Tropical Battery earnings were downgraded to 18 cents per share for this year, following the release of March half year results.
Access Financial jumped 22 percent last week, and is down 16 percent this past week at $21.50, and attracted more buying interest as the release of year results approaches. tTech tumbled 8 percent during the week and AMG Packaging 7 percent. Caribbean Assurance Brokers was the only stock with any meaningful gain, with a rise of 6 percent.
This week, there was no change to ICInsider.com TOP10 Main Market listings, but the Junior Market has two, with Lasco Distributors just slipping out. Jetcon Corporation suffered a big price decline during the week to close at $1.35 to reenter the list. tTech earnings were revised down to 25 cents after the company posted flat sales in the first quarter and a small loss and fell out of the top listing to be replaced by Dolphin Cove is poised to grow much more this year as improving tourism traffic that April numbers show is virtually back to normal provide a big boost to future earnings.
Investors should be on the lookout for companies with March year end that have not yet reported earnings. Amongst the grouping are the three Lasco companies that could get price moving punch from the results. Watch also Access and Medical Disposables sitting on the TOP of the list, with the company said to be generating profit from the acquisition of Cornwall Enterprises, well ahead of the two year target. ICInsider.com earnings projections of 70 cents per share for the 2022 fiscal year assume that earnings would include profit from the subsidiary and should result in a big jump in the stock toward $14.
The primary mover in the main market was Caribbean Cement that fell 12 percent to $61 as buying interest in the stock remains low, even as the first quarter results suggest the stock is highly undervalued, no other stock had any serious change.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 15.3, while the Junior Market PE for the Top 10 sits at 6.3 versus the market at 13.9. The Junior Market TOP10 is projected to gain an average of 226 percent by May 2023 and the Main Market 215 percent.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

RJR back in 3rd spot as Access jumps 22%

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There is only one change to ICInsider.com TOP10 listings this week, with Radio Jamaica coming back in the Main Market list at position 3. Following an earnings upgrade for the 2023 fiscal year, it replaces Jamaica Stock Exchange that ICInsider.com projects to have explosive results for the first quarter.

Radio Jamaica

In the wider market, Junior Market stocks keep on piling the pressure on the main market with the former closing the week at a record high, with year to date gains of 32.8 percent and is well on the way to ICInsider.com forecast of 60 percent for the year.
Thanks to a takeover announcement of AS Bryden, a Trinidad based company by Seprod, the Main Market moved higher for the week, with the All Jamaica Index just under 460,000 points, still well below 2020 high.
TOP10, Access Financial shares moved higher this past week as selling seems to have dried up and led the stock to a 22 percent rise during the week, to be the best performing stock in the TOP10. Access Financial has been beaten up for more than two years but is now worth watching. On Friday, well ahead of the close of the market, a buy order for 100,000 Access Financial shares was placed at $25.60, but only18,000 units were filled up to the close. There were no stocks on offer with any sizable quantity close to the bid price just before close, indicating that the price is heading higher.
Elite Diagnostic gained 8 percent to close the week at $3.90, but Caribbean Assurance Brokers that reported a profit for the first quarter versus a loss in 2021, fell by 6 percent and so did General Accident that is said to be having a good 2022, with Trinidad and Barbados expected to deliver positive results versus a loss of around $200 million in 2021. Movement of main market stocks was more subdued than their junior counterpart, with the Jamaica Stock Exchange rising a mere 4 percent and selling at 8 times this year’s earnings, with a blowout first quarter results due shortly. Caribbean Cement, surprisingly, fell 8 percent as buying interest in the stock is low, even as the first quarter results suggest the stock is highly undervalued.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 15.5, while the Junior Market PE for the TOP10, sits at 6.2 versus the market at 13.8. The Junior Market TOP10 is projected to gain an average of 230 percent to May 2023 and the Main Market 201 percent.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Big gains for several ICTOP10 stocks

With just one third of 2022 elapsing, it is an excellent time to look at what the markets and ICInsider.com forecast have done. The Junior Market gained 29.85 percent to the end of April, or half of the entire year forecast of 60 percent, made at the start of the year and in the process, the market has surpassed the 29.7 percent gains it achieved in 2021 for the entire year.
The Main Market that ICInsider.com forecast to deliver a 14 percent rise for the year struggles to break from consolidation so far, with a rise of just 4.8 for the four months to April and is consistent with a 14 percent increase for the year. It is quite likely that the market PE could climb closer to a PE of 18, which will push the annual gains to around 30 percent if the financial stocks show good increases in profit for the year. That is a very likely situation as the hike in interest rates is driving net interest income sharply upwards.
At the beginning of the year, ICInsider.com stated, “the market is technically at a support level that is steering the index upwards. More importantly, it is caught in a triangular formation setting to push the market sharply upwards once it breaks out, which is not far off. The market is trading in a channel that goes back to May 2020, pointing to a record high of over 4,000 points in a few months.” So far, the above forecast is spot on.
In addition to the Top15 selection for each market at the start of the year, we added a few stocks. There were nine winning stocks with good gains. The list includes AMG Packaging 73 percent, Dolphin Cove 47 percent, Elite up 26 percent, Everything Fresh 83 percent, iCreate 263 percent, Jetcon 75 percent, Spur Tree Spices 215 percent, Stationery and Office Supplies 46 percent and Tropical Batteries up 124 percent for the year to date and up 64 percent since ICInsider.com added it was added to the TOP10 on February 25. Caribbean Cream, down 7 percent, is the only Junior Market stock selection to fall.
The big TOP15 winners for the Main Market are Caribbean Producers, up 42 percent, Jamaica Stock Exchange at 22 percent, JMMB Group at 16 percent and Proven at 14 percent. Berger Paints, down 7 percent, Jamaica Broilers, with a fall of 3 percent and Scotia Group, down one percent, are the only losers in this segment.
For the week, the only new listing to TOP10 is tTech replacing Jetcon, that held on to a gain of 16 percent to top the ICTOP10 Junior Market movers and dropped out of the TOP10, followed by Medical Disposables with 14 percent after a block of shares that was overhanging the market was taken out by buyers. AMG Packaging rose 9 percent, Caribbean Cream rose 6 percent and Caribbean Assurance Brokers shed 9 percent.
In the Main Market, Sygnus Credit Investments rose 8 percent to end at $16.48 and Caribbean Cement gained 6 percent to close at $75.18.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 15, while the Junior Market PE for the Top 10 sits at 6.1 versus the market at 14.2. The Junior Market TOP10 is projected to gain an average of 239 percent to May 2023 and the Main Market 197 percent.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.

Former ICTOP10 stock jumps 130%

The star performer for the week was iCreate, up 132 percent and Supreme Ventures, with a 30 percent price movement in the market during the week, but several ICTOP10 stocks had some noted moves as well.

iCreate hits a low of 80 cents on Thursday.

iCreate, more than doubled, surging from the previous week’s $1.36 close to $3.16. The move coincides primarily with two acquisition announcements with little or no information given as to the cost and funding, leading to wild speculation in the stock. Supreme Ventures (SVL) stock jumped to a 52 weeks’ high of $33.41 from $24.49 at the end of the previous week. The SVL was more solidly based as the company reported solid increased profits for the March quarter as investors pushed the price sharply higher in response.
There are two changes to this week’s ICTOP10 listing. Lasco Distributors returns to the Junior Market TOP10 as Stationery and Office Supplies slipped out.  The latter rose 15 percent to close the week at $9.11. The expectations are that the company will have blowout first quarter results, helped by school opening and following a strong 2021 fourth quarter. The Main Market welcomed back Jamaica Stock Exchange share that will benefit from an upsurge in trading activity in the first quarter as Scotia Group fell out, still looking attractively priced at $35.20, with Bank of Jamaica increasing interest rates is positively impacting the results.
The Junior Market ended with three stocks rising from 8 to 15 percent. Caribbean Assurance Brokers climbed 10 percent for the week while Jetcon Corporation rose 8 percent to close at $1.40. Declining were Lasco Financial, down 8 percent and Access Financial and AMG Packaging, down 5 percent, as buying eased markedly following improved results released at the close of the market ahead of the Easter weekend. Investors seem not to be factoring in cost savings and increased efficiency that the newly installed machine brings to the business following the close of the recent quarter. With a 5 percent rise, Guardian Holdings was the biggest mover in the Main Market.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 14.8, while the Junior Market PE for the Top 10 sits at 6 versus the market at 13.8. The Junior Market TOP10 is projected to gain an average of 249 percent by May 2023 and the Main Market 200 percent.
ICTOP10 focuses on likely yearly winners; accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

JSE USD trading surge ahead of month end

Trading surged on Wednesday on the Jamaica Stock Exchange US dollar market, with the volume of shares changing hands jumping 441 percent with the value 4,555 percent higher than on Tuesday, resulting in a bounce in the market index as rising stocks beat out those falling.
A total of 10 securities traded, compared to five on Tuesday, with five rising, three declining and two ending unchanged, leading the JSE US Denominated Equities Index to climb 4.66 points and land at 208.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years to the end of August 2022.
Overall, 1,260,940 shares traded, for US$271,991, up from 233,145 units at US$5,842 on Tuesday.
Trading averaged 126,094 units at US$27,199, compared to 46,629 shares at US$1,168 on Tuesday, with the month to date averaging 49,161 shares at US$5,788 versus 43,504 units at US$4,214 on the previous day. February ended with an average of 87,719 units for US$9,318.
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.
At the close, First Rock Capital USD share gained 0.7 of a cent in closing at 7.93 US cents, with 142,294 shares crossing the market, Margaritaville ended unchanged at 16 US cents trading 11 units, Productive Business Solutions advanced 1.69 cents to US$1.055, with 172 stocks changing hands. Proven Investments rose 1.48 cents to close at 24.8 US cents as investors grabbed 1,042,844 stock units, Sterling Investments lost 0.17 of a cent to 2 US cents in an exchange of 2,500 shares, Sygnus Credit Investments USD share climbed 0.59 of a cent to 12.7 US cents in switching ownership of 5,388 stocks. Transjamaican Highway rallied 0.02 cents to end at 0.9 US cents in trading 67,530 units,
In the preference segmentEppley 6% preference share declined 16.7 cents to close at 96 US cents after 97 stock units crossed the market, Equityline Mortgage Investment preference share fell 3 cents in closing at US$1.97 trading 99 stock units and JMMB Group 5.75% finished at US$2.03 with an exchange of 5 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

No stock gained on JSE USD market

The Jamaica Stock Exchange, US dollar market, closed on Tuesday, with the volume of shares trading climbing 26 percent but with a 49 percent fall in value compared to Monday as five securities traded, compared to seven on Monday with none rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index gained 0.33 points to end at 203.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 14. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years up to August 2022.
Overall, 233,145 shares traded for US$5,842 compared to 185,493 units at US$11,351 on Monday. Trading averaged 46,629 units at US$1,168 versus 26,499 shares at US$1,622 on Monday, with the month to date averaging 43,504 shares at US$4,214 versus 43,385 units at US$4,330 on the previous day. February ended with an average of 87,719 units for US$9,318.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share lost 0.7 of a cent to end at 7.23 US cents after trading 9,537 shares, Proven Investments ended at 23.32 US cents in exchanging 8,547 units, Sterling Investments fell 0.12 of a cent in closing at 2.17 US cents, with 4,270 stocks crossing the exchange. Sygnus Credit Investments USD share shed 0.78 of one cent to 12.11 US cents, trading 10,818 shares and Transjamaican Highway remained at 0.88 of a US cent in switching ownership of 199,973 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market slips back

Trading on Tuesday ended with the volume of shares changing hands rising 38 percent but with 55 percent lower value than Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in rising stocks being edged out by those declining.
Trading ended with six securities changing hands, compared to eight on Monday with prices of two rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index dropped 5.17 points to end at 202.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 13.3. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 1,021,685 shares traded, for US$18,940 compared to 740,458 units at US$41,979 on Monday. Trading averaged 170,281 units at US$3,157, compared to 92,557 shares at US$5,247 on Monday and month to date averages 75,993 shares at US$3,221 versus 59,354 units at US$3,232 on the previous day. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share shed 0.01 of a cent in closing at 6.99 US cents after an exchange of 552 shares, Margaritaville increased 2 cents to 20 US cents trading 1,860 stocks, Productive Business Solutions fell 7 cents to US$1.09, with 27 stock units crossing the market. Proven Investments traded 45,841 units to finish at 22 US cents, Sterling Investments popped 0.01 of a cent to close at 2.31 US cents, with 12,100 shares changing hands and Transjamaican Highway declined 0.11 of a cent in ending at 0.78 US cents in an exchange of 961,305 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE USD market

Trading bounced on Monday at the close of the Jamaica Stock Exchange US dollar market, with the volume of shares changing hands surging 794 percent, with a 243 percent higher value than on Friday, resulting in an even number of stocks rising than falling.
Trading ended with eight securities changing hands, compared to six on Friday with prices of three rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index rallied 2.75 points to end at 207.54. The PE Ratio, a measure used in computing appropriate stock values, averages 13.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 740,458 shares traded for US$41,979 compared to 82,839 units at US$12,251 on Friday.
Trading averaged 92,557 units at US$5,247, compared to 13,807 shares at US$2,042 on Friday and month to date an average of 59,354 shares at US$3,232 versus 49,137 units at US$2,612 on Friday. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and no stock with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7 US cents after trading 330,661 shares, Margaritaville remained at 18 US cents after exchanging one unit, Proven Investments advanced 0.8 of a cent to 22 US cents and exchanging 20,281 stocks. Sterling Investments climbed 0.2 of a cent to 2.3 US cents with the swapping of 62,791 stock units, Sygnus Real Estate Finance USD share shed 1 cent to end at 13 US cents in exchanging 21,724 stocks, Transjamaican Highway rallied 0.01 of a cent in closing at 0.89 US cents in an exchange of 300,000 units.
In the preference segmentJMMB Group 5.75% declined 7 cents to US$2.02 and closed, with 3,000 shares changing hands and JMMB Group 6% dropped 12 cents to close at US$1.02, with 2,000 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.