Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 29 percent drop in the volume of stocks traded after 64 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to nine on Tuesday with prices of five rising, one declining and five ending unchanged.
The market closed with an exchange of 288,604 shares for US$12,293 compared to 407,861 units at US$34,259 on Tuesday.
Trading averaged 26,237 units at US$1,118 versus 45,318 shares at US$3,807 on Tuesday, with a month to date average of 61,347 shares at US$4,241 compared with 65,370 units at US$4,599 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index gained 2.03 points to 247.67.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden remained at 22.01 US cents with a transfer of just one stock unit, First Rock Real Estate USD share rose 0.49 of one cent to 4.99 US cents with investors dealing in 10,961 shares, Margaritaville rallied 0.01 of a cent in closing at 10.01 US cents in an exchange of 110 stocks. Productive Business Solutions ended at US$1.70, with 27 units changing hands, Proven Investments ended at 16 US cents with after trading 12,171 shares, Sterling Investments remained at 1.7 US cents after 276 stocks passed through the market. Sygnus Credit Investments increased 1.29 cents to close at 8.7 US cents while exchanging 1,934 units, Sygnus Real Estate Finance USD share ended at 12.74 US cents after trading 1,373 stock units and Transjamaican Highway popped 0.1 of a cent in closing at 2.17 US cents after an exchange of 260,050 shares.
In the preference segment, JMMB Group US8.5% preference share popped 0.1 of a cent and ended at US$1.17 with investors swapping 1,498 units and Sygnus Credit Investments E8.5% slipped one cent to US$10.50 after a transfer of 203 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading slips on JSE USD Market
Sharp jump in trading funds in JSE USD Market
Investors traded more securities on the Jamaica Stock Exchange US dollar market on Monday than on Friday, but the volume of stocks exchanged declined by 34 percent after 136 percent more US dollars passed through the market than on Friday, resulting in trading in 11 securities, up from nine on Friday with prices of two rising, three declining and six ending unchanged.
The market closed with an exchange of 172,660 shares for US$45,981 compared to 262,328 units at US$19,513 on Friday.
Trading averaged 15,696 units at US$4,180 versus 29,148 shares at US$2,168 on Friday, with a month to date average of 67,444 shares at US$4,681 compared with 74,934 units at US$4,754 on the previous trading day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index lost 0.78 points to close at 248.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.15 of a cent to 22.15 US cents after a transfer of 1,800 units, First Rock Real Estate USD share remained at 4.5 US cents after trading 2,000 stocks, Margaritaville ended at 10 US cents after an exchange of 100 shares. Productive Business Solutions dipped 3 cents and ended at US$1.70 with 100 stock units clearing the market, Proven Investments remained at 15.1 US cents after an exchange of 54,910 shares, Sterling Investments ended at 1.7 US cents with investors transferring 32,650 stocks. Sygnus Credit Investments remained at 8.99 US cents after 4,630 units crossed the exchange, Sygnus Real Estate Finance USD share ended at 10.49 US cents with a transfer of 8,553 stock units and Transjamaican Highway fell 0.01 of a cent in closing at 2.18 US cents as investors exchanged 42,737 shares.
In the preference segment, JMMB Group US8.5% preference share declined 3.9 cents and ended at US$1.16, with 24,699 units crossing the market and Sygnus Credit Investments E 8.5% rallied 40 cents to US$10.80 in an exchange of 481 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rises on lower trades
Trading ended on the Jamaica Stock Exchange US dollar market on Friday, with a sharp 66 percent decline in the volume of stocks exchanged following 14 percent more money changed hands than on Thursday, resulting in trading in nine securities, compared to six on Thursday with prices of four rising, one declining and four ending unchanged.
The market closed with an exchange of 262,328 shares for US$19,513 compared to 771,589 units at US$17,159 on Thursday.
Trading averaged 29,148 units at US$2,168 versus 128,598 shares at US$2,860 on Thursday, with a month to date average of 74,934 shares at US$4,754 compared with 81,084 units at US$5,101 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index rose 5.05 points to close at 249.19.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden ended at 22 US cents while exchanging 383 units, First Rock Real Estate USD share remained at 4.5 US cents after 182,833 stocks passed through the market, Margaritaville lost 2 cents to close at 10 US cents after an exchange of 14,391 shares. Proven Investments ended at 15.1 US cents with 8,040 stock units clearing the market, Sygnus Credit Investments remained at 8.99 US cents with traders dealing in 5,539 shares, Sygnus Real Estate Finance USD share gained 3.67 cents to end at 10.49 US cents, with 1,191 units crossing the exchange and Transjamaican Highway popped 0.08 of a cent and ended at 2.19 US cents in switching ownership of 44,284 stocks.
In the preference segment, JMMB Group US8.5% preference share rallied 3.89 cents in closing at US$1.199 after an exchange of 5,650 stock units and Productive Business Solutions 9.25% preference share rose US$2 to end at US$12 with investors transferring 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market get one new listing
One new security was listed on the Jamaica Stock Exchange US dollar market on Wednesday, with AS Bryden ordinary share started trading for the first time with the price falling 0.34 of a cent to 22 cents on a day when the volume of stocks that were exchanged declined 96 percent after 89 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to eight on Tuesday with prices of five rising, four declining and two ending unchanged.
The market closed with an exchange of 110,543 shares for US$13,237 compared to 2,937,043 units at US$118,791 on Tuesday.
Trading averaged 10,049 units at US$1,203 versus 367,130 shares at US$14,849 on Tuesday, with a month to date average of 76,411 shares at US$5,322 compared with 91,011 units at US$6,228 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dipped 8.85 points to end the day at 247.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden lost 0.34 of a cent and ended at 22 US cents after exchanging a mere 100 units, First Rock Real Estate USD share sank 0.2 of a cent to 4.2 US cents and closed with an exchange of 26,937 stocks, Margaritaville rose 2 cents to 12 US cents with a transfer of 100 shares. Productive Business Solutions skidded 7 cents in closing at US$1.73 while exchanging 18 stock units, Proven Investments advanced 1.2 cents to end at 15.7 US cents after a transfer of 2,347 shares, Sterling Investments popped 0.01 of a cent in closing at 1.51 US cents in switching ownership of 1,500 stocks. Sygnus Credit Investments ended at 8.99 US cents after an exchange of 23,534 units, Sygnus Real Estate Finance USD share lost 0.68 of one cent and ended at 6.82 US cents with investors transferring 2,547 stock units and Transjamaican Highway rallied 0.17 of a cent to close at 2.2 US cents in an exchange of 48,963 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.1601 with investors trading 1,341 stock units and JMMB Group 5.75% increased by 23.5 cents in closing at US$2.145 after 3,156 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.