The Jamaica Stock Exchange Main Market ended on Friday, with gains to start the final month of 2023 positively but advancing stocks were overrun by those declining as the volume of stocks traded declined 62 percent and the value 44 percent lower than on Thursday, with 54 securities changing hands compared with 59 on Thursday and ended with 15 rising, 27 declining and 12 ending unchanged.
Trading slipped to a mere 6,383,376 shares being exchanged for just $32,170,003 down from 16,736,165 units at $57,402,800 on Thursday.
Trading averaged 118,211 shares at $595,741 versus 283,664 units at $972,929 on Thursday compared with November that averaged 275,587 units at $2,488,949.
Wigton Windfarm led trading with 3.55 million shares for 55.7 percent of total volume followed by Palace Amusement that ended with 799,934 units for 12.5 percent of the day’s trade and Transjamaican Highway with 559,854 units for 8.8 percent market share.
The All Jamaican Composite Index rose 1,439.55 points to wrap-up trading at 351,375.40, the JSE Main Index rose 521.37 points to close at 315,669.00 and the JSE Financial Index advanced 0.17 points to finish at 68.57.
The Main Market ended trading with an average PE Ratio of 12.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden rallied 60 cents to a 52 weeks’ closing high of $30.10 with an exchange of 242 shares, Barita Investments rose 62 cents to $70.92, with 6,634 units changing hands, Caribbean Cement advanced $4.90 to end at $58.89 with stakeholders exchanging 18,748 shares. Eppley Caribbean Property Fund popped $3.50 to close at $39.50 after 221 stock units crossed the market, First Rock Real Estate gained 49 cents and ended at $7.99 with an exchange of 11 shares, GraceKennedy declined $1.05 to $74.75 and closed with an exchange of 102,295 stock units. Guardian Holdings lost $15 in closing at $405 in trading 375 stocks, Kingston Properties skidded 70 cents to end at $7 after a transfer of 308 units, Mayberry Investments fell 50 cents to close at $7.50, with 5,100 shares crossing the exchange. NCB Financial dropped $1.20 and ended at $68 with investors dealing in 21,192 units, 138 Student Living climbed 30 cents to $4.21 in an exchange of 293 stocks, Pan Jamaica increased 70 cents to close at $49.70 with shareholders swapping 10,324 stock units. Proven Investments shed $1.48 to end at $22.01 in an exchange of 15,848 shares, Sagicor Group popped 95 cents in closing at $41.95 with traders dealing in 175,260 units, Scotia Group gained $1.14 and ended at $33.99 after an exchange of 5,240 stocks. Seprod dipped $3.89 to $74, with 27,420 stock units crossing the market, Supreme Ventures rose 49 cents in closing at $26.99 in switching ownership of 11,913 shares and Sygnus Credit Investments fell 64 cents to end at $11.11 after exchanging 20,349 units.
In the preference segment, Jamaica Public Service 7% shed $1 to close at $45, with 198 stocks clearing the market and JMMB Group 7% preference share lost 36 cents and ended at $2.04 with a transfer of 3,435 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended, with a 95 percent plunge in the volume of stocks changing hands valued 83 percent lower than on Thursday, as the final month of the year commenced trading on a dovish tone, resulting from trading in six securities, compared to five on Thursday with three rising, two declining and one ending unchanged.
Overall, 37,877 shares were traded, for US$2,504 compared with 826,627 units at US$14,407 on Thursday. Trading on Friday averaged 6,313 units at US$417, versus 165,325 shares at US$2,881 on Thursday down from November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dropped 1.01 points to wrap-up trading at 226.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 three with lower offers.
At the close, Proven Investments fell 1.4 cents to 13.6 US cents with an exchange of 3,503 shares, Sterling Investments ended at 1.6 US cents after trading 12,626 shares and Transjamaican Highway popped 0.02 of a cent to end trading at 1.71 US cents with stakeholders exchanging 21,144 units.
In the preference segment, JMMB Group 5.75% dipped 10 cents in closing at US$2.10 in trading 8 stocks, JMMB Group 6% rose 8 cents to close at US$1.08 after an exchange of 519 shares and Productive Business Solutions 9.25% preference share climbed 1 cent to US$11.51 with investors dealing in 77 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
First Rock trades 19m shares in JSE USD Market
Trading jumped sharply on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks changing hands surging 16,744 percent valued 15,601 percent more than on Tuesday and resulting with trading of seven securities , compared to three on Tuesday with four rising, no declining and three ending unchanged.
Overall, 22,289,394 shares were traded, for US$1,286,713 compared to 132,328 units at US$8,195 on Tuesday.
Trading averaged 3,184,199 shares at US$183,816 compared with 44,109 shares at US$2,732 on Tuesday, with a month to date average of 252,426 shares at US$14,653 compared with 79,969 units at US$4,702 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 4.45 points to cease trading at 228.23.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 five 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 inched 0.2 of a cent higher to 4.44 US cents after an exchange of 19,350,000 units, Margaritaville rose 1.79 cent to close at 13.79 US cents after a mere one stock passed through the market, MPC Caribbean Clean Energy ended at 57 US cents with 1,187 shares changing hands, Proven Investments ended at 15 US cents after an exchange of 2,771,930 stock units, Sterling Investments advanced 0.1 of a cent to end at 1.6 US cents after 1,206 shares were traded, Sygnus Credit Investments remained at 8.71 US cents in an exchange of 65,266 units and Transjamaican Highway popped 0.01 of a cent to 1.56 US cents, with 99,804 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All traded stocks fell on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 84 percent valued 80 percent lower than on Monday and resulted in three securities traded, compared to five on Monday with all three declining.
Overall, 132,328 shares were traded, for US$8,195 compared to 837,700 units at US$41,015 on Monday.
Trading averaged 44,109 units at US$2,732, versus 167,540 shares at US$8,203 on Monday, with a month to date average of 79,969 shares at US$4,702 compared with 80,896 units at US$4,753 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index fell 3.22 points to lock up trading at 223.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. 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 six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments fell 0.98 of one cent to end at 15 US cents with traders dealing in 43,281 stock units, Sygnus Credit Investments skidded 0.02 of a cent to 8.71 US cent in switching ownership of 4,000 units and Transjamaican Highway lost 0.15 of a cent in closing at 1.55 US cents with stakeholders exchanging 85,047 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rises as trading jumps
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 227 percent and valued 407 percent more than on Friday, resulting from trading in five securities, with similar numbers on Friday and ended with prices of two rising, one declining and two ending unchanged.
Overall, 837,700 shares were traded, for US$41,015 compared to 256,238 units at US$8,090 on Friday.
Trading averaged 167,540 units at US$8,203, versus 51,248 shares at US$1,618 on Friday, with a month to date average of 80,896 shares at US$4,753 compared with 76,993 units at US$4,598 previously. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index increased 1.77 points to conclude trading at 226.99.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments ended at 15.98 US cents and closed with trading of 187,273 stocks, Sygnus Credit Investments declined 0.27 of a cent in closing at 8.73 US cents, with 1,000 units changing hands and Transjamaican Highway increased 0.19 of a cent to end at 1.7 US cents with traders dealing in 647,585 shares.
In the preference segment, JMMB Group 5.75% climbed 1.5 cent and ended at US$2.20 in an exchange of 59 stock units and JMMB Group 6% remained at US$1 with investors dealing in 1,783 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.