The Jamaica Stock Exchange US dollar market ended at a record close on Thursday with the volume of stocks traded declining by 83 percent after a 70 percent drop in the amount of dollars changing hands on Wednesday, resulting in trading in seven securities, compared to five on Wednesday with prices of two rising, four declining and one ending unchanged.
The market closed with an exchange of 21,861 shares for US$7,612 compared to 125,830 units at US$25,026 on Wednesday.
Trading averaged 3,123 units at US$1,087 versus 25,166 shares at US$5,005 on Wednesday, with a month to date average of 46,765 shares at US$6,084 compared with 49,133 units at US$6,355 on the previous day and January that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index popped 3.04 points to close at a record high of 263.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 none with a lower offer.
At the close, First Rock Real Estate USD share gained 0.4 of one cent and ended at 4.5 US cents after investors finished trading 200 stocks, Margaritaville dropped 1.03 cents to 11.75 US cents while exchanging 325 units,
Productive Business Solutions sank 5 cents to end at US$1.80 with an exchange of 3,157 shares. Proven Investments remained at 14.44 US cents after 1,046 stock units changed hands, Sygnus Credit Investments popped 0.07 of a cent to close at 8.97 US cents after a transfer of 100 shares and Transjamaican Highway skidded 0.01 of a cent to 2.1 US cents in switching ownership of 16,019 units.
In the preference segment, JMMB Group US8.5% preference share lost 0.01 of a cent to close at US$1.1489 with investors dealing in 1,014 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Record close for JSE USD market
JSE USD trading bounces
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 1,853 percent jump in the volume of stocks exchanged following 234 percent more US dollars passing through the market than on Tuesday and resulting in trading in five securities, compared to seven on Tuesday with prices of no rising, two declining and three ending unchanged.
The market closed with an exchange of 125,830 shares for US$25,026 compared to 6,443 units at US$7,499 on Tuesday.
Trading averaged 25,166 units at US$5,005 versus 920 shares at US$1,071 on Tuesday, with a month to date average of 49,133 shares at US$6,355 compared with 50,100 units at US$6,410 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index slipped 1.06 points to settle at 260.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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, Proven Investments dipped 0.06 of a cent in closing at 14.44 US cents with investors trading 275 stocks, Sygnus Credit Investments remained at 8.9 US cents with an exchange of 5,448 units and Transjamaican Highway fell 0.02 of a cent to end at 2.11 US cents in trading 109,605 shares.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149 in switching ownership of 9,519 stock units and Productive Business Solutions 9.25% preference share remained at US$11.50, with 983 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 77 percent after 43 percent lower US dollars passed through the market than on Friday, resulting in trading in nine securities, compared to four on Friday with prices of six rising, two declining and one ending unchanged.
The market closed with an exchange of 83,412 shares for US$10,690 compared to 361,086 units at US$18,726 on Friday.
Trading averaged 9,268 units at US$1,188 versus 90,272 shares at US$4,682 on Friday, with a month to date average of 53,042 shares at US$6,729 compared to 56,690 units at US$7,191 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index lost 2.63 points to cease trading at 257.31.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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, MPC Caribbean Clean Energy climbed 4 cent and ended at 61 US cents after a transfer of 250 units, Proven Investments rose 0.1 of a cent to 13.7 US cents, with 6,316 stocks crossing the exchange, Sterling Investments gained 0.3 of a cent in closing at 1.75 US cents with investors trading 150 shares.
Sygnus Credit Investments popped 0.03 of a cent to close at 8.9 US cents with 5,137 stock units clearing the market, Sygnus Real Estate Finance USD share declined 0.54 of one cent to end at 7.5 US cents with an exchange of 347 shares and Transjamaican Highway increased 0.13 of a cent in closing at 2.13 US cents after 64,527 units passed through the market.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.149 with investors swapping 6,600 stocks, JMMB Group 5.75% lost 1 cent and ended at US$1.90, with 68 stock units changing hands and Productive Business Solutions 9.25% preference share rallied 45 cents to end at US$11.50 with a transfer of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant trading for JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks traded rising 241 percent after 39 percent more dollars changed compared to Friday, resulting in trading in nine securities, compared to 10 on Friday with prices of three rising, two declining and four ending unchanged.
The market closed with trading in 610,533 shares for US$78,231 up from 178,798 units at US$56,398 on Friday.
Trading averaged 67,837 units at US$8,692 up from 17,880 shares at US$5,640 on Friday, with a month to date average of 53,788 shares at US$7,011 compared with 52,146 units at US$6,815 on the previous trading day and January that ended with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.67 points to close at 255.68, up 10.7 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.7 US cents with a transfer of 5,635 stock units, Proven Investments ended at 14.5 US cents as investors exchanged 455,584 shares, Sterling Investments ended at 1.7 US cents, with 2,000 stocks crossing the market.
Sygnus Credit Investments climbed 0.3 of a cent in closing at 8.8 US cents with investors trading 3,085 units, Sygnus Real Estate Finance USD share declined 0.8 of one cent to 7.2 US cents with 56,900 shares clearing the market and Transjamaican Highway rose 0.14 of a cent to 2.05 US cents with traders dealing in 86,318 stock units.
In the preference segment, JMMB Group 5.75% advanced 26 cents in closing at US$1.81 in exchanging 577 units, Productive Business Solutions 9.25% preference share ended at US$11.05 with investors transferring 423 stocks and Sygnus Credit Investments E8.5% fell 72 cents to end at US$11.02 in switching ownership of 11 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining 78 percent after 40 percent fewer US dollars changed hands compared with Thursday, resulting in trading in 10 securities, similar to market outcome on Thursday with prices of six rising, two declining and two ending unchanged.
The market closed with an exchange of 178,798 shares for US$56,398 compared to 827,138 units at US$94,452 on Thursday.
Trading averaged 17,880 units at US$5,640 down from 82,714 shares at US$9,445 on Thursday, with a month to date average of 52,146 shares at US$6,815 compared with 57,260 units at US$6,990 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index rose 0.21 points to wrap up trading at 254.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4.7 US cents after an exchange of 63 units, Proven Investments had investors trading 112,086 stocks at 14.5 US cents, Sterling Investments increased 0.2 of a cent to 1.7 US cents after a transfer of 118 shares. Sygnus Credit Investments fell 0.4 of a cent and ended at 8.5 US cents with traders dealing in 15,912 stock units,
Sygnus Real Estate Finance USD share inched 1 cent higher to close at 8 US cents in an exchange of 15 shares and Transjamaican Highway popped 0.08 of a cent to 1.91 US cents, with 29,133 stock units crossing the market.
In the preference segment, JMMB Group US8.5% preference share gained 3 cents to end at US$1.08 in trading 10,077 stock units, JMMB Group 5.75% rose 1.15 cents to US$1.55 after 10,309 units passed through the market, Productive Business Solutions 9.25% preference share shed 1 cent and ended at US$11.05 with investors transferring 85 shares and Sygnus Credit Investments US 8% advanced 4 cents to close at US$10.54, with 1,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index fell 2135.47 points to 346,386.21, the All Jamaican Composite Index dropped 4,582.25 points to finish at 372,562.75, the JSE Main Index shed 2,632.54 points to lock up trading at 333,599.81. The Junior Market Index jumped 38.08 points to finish at 3,827.68 and the JSE USD Market Index dipped 1.13 points to conclude trading at 256.18.
At the close of trading the Main Market listed Eppley rose $3 in closing at $39.50 with investors dealing in 1,560 stocks, Eppley Caribbean Property Fund gained $1.74 to close at $40, Jamaica Broilers popped 95 cents to $33.99, Seprod climbed $1.70 to $80,
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
At the close of the market, the JSE Combined Market Index climbed 3,284.31 points to 348,521.68, the All Jamaican Composite Index rose 4,481.53 points to 377,145.00, the JSE Main Index climbed 3,554.31 points to 336,232.35. The Junior Market Index dropped 5.60 points to settle at 3,789.60 and the JSE USD Market Index slipped 2.68 points to end the day at 257.31.
In the Junior Market, Future Energy led trading with 10.98 million shares followed by Lasco Manufacturing with 1.19 million units and ONE on ONE Educational ended trading with 724,352 stock units.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
At the close of trading, the JSE Combined Market Index climbed 2,597.12 points to 345,237.37, the All Jamaican Composite Index shed 593.72 points to close at 372,663.47, the JSE Main Index lost 2,896.26 points to 332,678.04. The Junior Market Index popped 3.60 points to 3,795.20, after hitting 3,875 points in the first thirty minutes of trading and the JSE USD Market Index rose 4.79 points to lock up trading at 259.99.
The Main Market Jamaica Producers, fell $1 to $22, Massy Holdings sank $2.80 to close at $94, Proven Investments lost $1.74 and ended at $23.01 and Seprod dropped $2.25 to close at $80.70.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
At the close of trading on Wednesday, the JSE Combined Market Index shed 3,094.00 points to 346,606.02, the All Jamaican Composite Index skidded 3,659.77 points to close at 371,934.81, the JSE Main Index dropped 3,376.48 points to lock up trading at 334,062.14. The Junior Market Index popped 8.29 points to 3,803.26 and the JSE USD Market Index rose 1.15 points to 260.70.
The Main Market, Berger Paints shed 77 cents and ended at $5.85, Caribbean Cement lost $3.50 to $56, Eppley Caribbean Property Fund dipped $1.74 to end at $38.26, Jamaica Stock Exchange sank 90 cents in closing at $9.10, Kingston Wharves dropped 72 cents to close at $31.98, Sagicor Group declined 90 cents to close at $43, Scotia Group fell $2.40 and ended at $45 and Seprod dipped $1.50 to $81.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
At the close of trading, the JSE Combined Market Index climbed 5,205.70 points to 349,700.02, the All Jamaican Composite Index surged 4,271.57 points to 375,594.58, the JSE Main Index jumped 5,531.32 points to 337,438.62. The Junior Market Index rose 2.07 points to 3,794.97 and the JSE USD Market Index increased 3.87 points to settle at 259.55.
At the close of trading on the Main Market Barita Investments rallied $1.09 to close at $70.99, Berger Paints rose 82 cents to $6.62, Guardian Holdings popped $9 to end at $369, Jamaica Stock Exchange climbed $1 to $10, Kingston Wharves increased $2.53 in closing at $32.70, Massy Holdings gained $6.85 and ended at $96.86, Scotia Group rose $1.40 to close at $47.40, Stanley Motta rallied 99 cents and ended at $6.99, Sygnus Real Estate Finance increased $1.55 to close at $11.40
ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.