Trading activity dropped sharply on the Jamaica Stock Exchange Main Market to extremely low levels at the close on Tuesday, with the volume of stocks traded declining 23 percent and the value 36 percent lower than the already puny trading levels on Monday, with 61 securities trading compared with 57 on Monday, and resulted in prices of 22 rising, 27 declining and 12 ending unchanged.
Trading ended with an exchange of 4,541,590 shares for just $25,960,870 compared with 5,872,129 units at $40,649,016 on Monday. The value of stocks traded on Tuesday is the lowest since October 30, when $15.93 million worth of shares were traded.
Trading averaged 74,452 shares at $425,588 versus 103,020 units at $713,141 on Monday and month to date, an average of 263,283 units at $1,672,159, compared with 278,165 units at $1,770,403 previously and more than in October with an average of 214,410 units at $1,325,907.
Wigton Windfarm led trading with 1.59 million shares for 35.1 percent of total volume followed by Transjamaican Highway with 714,833 units for 15.7 percent of the day’s trade and Sagicor Select Financial Fund with 483,100 units for 10.6 percent market share.
The All Jamaican Composite Index rose 1,587.93 points to wrap up trading at 347,844.97, the JSE Main Index climbed 482.71 points to end trading at 312,931.89 and the JSE Financial Index rose 0.36 points to lock up trading at 67.98.
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 10 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, AS Bryden popped 50 cents to $29.50 while exchanging 6,494 stocks, Berger Paints dropped 34 cents to end at $7.10 with dealings in 1,807 units, Caribbean Cement fell 65 cents in closing at $49.55 after 21,990 shares were traded. Caribbean Producers lost 26 cents to close at a 52 weeks’ low of $8.99 in switching ownership of 74,481 stock units, but only after the price hit an intraday 52 weeks’ low of $8.22, Eppley advanced $4.79 and ended at $33.30 as a mere one share passed through the market, Eppley Caribbean Property Fund dipped $1.99 to $36.51 after investors ended trading 450 units. General Accident skidded 59 cents to close at $4.56 with investors transferring 1,669 stocks, Guardian Holdings rose $2 to end at $412, with 20 stock units crossing the exchange, Jamaica Producers declined 26 cents in closing at $22.04 after a transfer of 4,057 shares.
Jamaica Stock Exchange shed 50 cents and ended at $9 in trading 13,034 stock units, Kingston Wharves climbed $1.50 to $28 after an exchange of 1,271 stocks, Massy Holdings fell $5.90 and ended at $85.10, with 535 units crossing the market. NCB Financial shed 83 cents to close at $69 after an exchange of 41,642 shares, Pan Jamaica declined $2.48 in closing at $47, with 222 units changing hands, Proven Investments increased by 90 cents to end at $23, with an exchange of 7,269 stocks. Radio Jamaica lost 17 cents to close at a 52 weeks’ low of $1.26 cents after 178,798 shares changed hands, Sagicor Group gained $1 to $41, with 37,933 units crossing the market, Scotia Group lost 41 cents and ending at $33.50 in an exchange of 74,094 shares, Sygnus Credit Investments rallied 26 cents to close at $12.05, with 58,001 stock units clearing the market and Sygnus Real Estate Finance increased $1.29 to end at $10.69 as investors exchanged 3,087 stocks.
In the preference segment, Jamaica Public Service 7% climbed $4.99 in closing at $46 with shareholders swapping 11 units and Productive Business Solutions 10.5% preference share rose $50 to $1,200 in an exchange of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant JSE USD Market trading
Trading remains buoyant on the Jamaica Stock Exchange US dollar market for a second day running on Tuesday, with the volume of stocks changing hands rising 63 percent valued 101 percent more than on Monday, and resulted from trading in seven securities, compared to four on Monday with three rising, one declining and three ending unchanged.
A total of 830,053 shares were traded, for US$28,943 up from 509,457 units at US$14,389 on Monday.
Trading on Tuesday averaged 118,579 shares for US$4,135 versus 127,364 shares at US$3,597 on Monday, with a month to date average of 78,103 shares at US$5,044 compared to 74,955 units at US$5,114 on the previous day and above October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 0.38 points to 227.85.
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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville climbed 1.26 cents and ended at 12.3 US cents, with 2,500 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading a mere one unit, Productive Business Solutions remained at US$1.55 with investors swapping 5 shares. Proven Investments fell 0.01 of a cent in closing at 15 US cents in an exchange of 109,252 stock units, Sterling Investments remained at 1.7 US cents passed through the market 4,075 shares, Sygnus Credit Investments popped 0.01 cent to 8.71 US cents while exchanging 4,135 units and Transjamaican Highway increased by 0.14 of a cent in closing at 1.73 US cents in switching ownership of 710,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in volume traded on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 66 percent valued 7 percent lower than on Friday, resulting in four securities traded, compared to eight on Friday with one rising, two declining and one ending unchanged.
Overall, 509,457 shares were traded for US$14,389 compared to 306,262 units at US$15,475 on Friday.
Trading averaged 127,364 units at US$3,597 compared to 38,283 shares at US$1,934 on Friday, with a month to date average of 74,955 shares at US$5,114 compared with 72,517 units at US$5,185 on the previous trading day, up from October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.20 points to finish at 227.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 none with a lower offer.
At the close, Proven Investments increased 0.01 of a cent to end at 15.01 US cents, with 37,511 stocks changing hands, Sygnus Credit Investments lost 0.3 of a cent in closing at 8.7 US cents with an exchange of 11,000 stock units and Transjamaican Highway skidded 0.08 of a cent to 1.59 US cents, with 460,934 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50, with investors transferring 12 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls back for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 92 percent valued 94 percent lower than on Thursday, resulting in trading in eight securities, compared to nine on Thursday and ended with prices of three rising, two declining and three ending unchanged.
Overall, 306,262 shares were traded, for US$15,475 compared with 3,636,438 units at US$276,260 on Thursday.
Trading averaged 38,283 units at US$1,934, up from 404,049 shares at US$30,696 on Thursday, with a month to date average of 72,517 shares at US$5,185 compared with 76,029 units at US$5,518 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index popped 1.05 points to close trading at 228.67.
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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville ended at 11.04 US cents and closed with an exchange of 5,101 units, MPC Caribbean Clean Energy fell 1.99 cents to 57 US cents after an exchange of just one stock, Proven Investments lost 0.99 of one cent to close at 15 US cents with investors transferring 57,463 shares.
Sterling Investments rallied 0.02 of a cent in closing at 1.7 US cents after investors exchanged 863 stock units, Sygnus Credit Investments ended at 9 US cents with stakeholders exchanging 3,000 shares, Sygnus Real Estate Finance USD share popped 1.4 cents in closing at 10.4 US cents 3,000 stocks crossing the market and Transjamaican Highway gained 0.07 cents to 1.67 US cents while exchanging 236,685 units.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50 with investors dealing in 149 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in JSE USD Market trading
Trading picked up robustly on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands surging 1,874 percent valued 1,544 percent more than on Wednesday, resulting in nine securities traded, compared to six on Wednesday with three rising, two declining and four ending unchanged.
Overall, 3,636,438 shares were traded, for US$276,260 compared to 184,226 units at US$16,805 on Wednesday.
Trading closed with an average of 404,049 units at US$30,696, up from 30,704 shares at US$2,801 on Wednesday, with a month to date average of 76,029 shares at US$5,518 compared with 33,243 units at US$2,234 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index declined 0.60 points to end at 227.62.
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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4.24 US cents with traders dealing in 9,500 stock units,
Proven Investments popped 0.49 of a cent to 15.99 US cents after 3,012 shares passed through the market, Sterling Investments dipped 0.05 of a cent to 1.68 US cents with shareholders swapping 737 stocks. Sygnus Credit Investments climbed 0.1 of a cent to end at 9 US cents in switching ownership of 12,106 units, Sygnus Real Estate Finance USD share rose 0.38 of one cent in closing at 9 US cents after an exchange of 2,704,500 stocks and Transjamaican Highway remained at 1.6 US cents with 893,092 units clearing the market.
In the preference segment, JMMB Group 5.75% shed 5 cents to end at US$1.90 in an exchange of 226 shares, JMMB Group 6% ended at US$1, with 12,986 stock units crossing the market and Productive Business Solutions 9.25% preference share remained at US$11.50 after investors exchanged 279 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 1,143 percent valued 1,050 percent more than on Tuesday and resulting in trading of six securities, compared to five on Tuesday with three rising, two declining and one ending unchanged.
Overall, 184,226 shares were traded, for US$16,805 up from 14,818 units at US$1,462 on Tuesday.
Trading averaged 30,704 units at US$2,801 versus 2,964 shares at US$292 on Tuesday, with a month to date average of 33,243 shares at US$2,234 compared with 33,485 units at US$2,181 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index climbed 2.54 points to 228.22.
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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the end of trading, Productive Business Solutions rallied 5 cents to US$1.55 after a transfer of 160 stocks, Proven Investments rose 0.4 of a cent to close at 15.5 US cents with stakeholders exchanging 4,465 shares, Sterling Investments advanced 0.04 of a cent and ended at 1.73 US cents, with 884 stocks changing hands. Sygnus Credit Investments remained at 8.9 US cents in trading 2,500 stock units and Transjamaican Highway dipped 0.1 of a cent to end at 1.6 US cents with shareholders swapping 163,337 shares.
In the preference segment, JMMB Group 6% fell 1 cent to US$1 as investors exchanged 12,880 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 5,872,129 shares were traded for $40,649,016 down from 8,247,700 units at $96,457,587 on Friday.
The Main Market ended trading with an average PE Ratio of 13. 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.
Massy Holdings rose $1 to $91 with 1,170 stocks changing hands, Mayberry Jamaican Equities rallied $1.20 to close at $10.20 after 20,300 stock units were traded. MPC Caribbean Clean Energy declined 80 cents in closing at $92, with 276 shares crossing the market, NCB Financial increased $3.83 and ended at $69.83 with a transfer of 32,729 units, Pan Jamaica climbed $2.48 to end at $49.48 with stakeholders exchanging 15,814 stocks. Proven Investments shed 90 cents in closing at $22.10 in trading 4,893 stock units, Sagicor Group lost $1.10 to close at a 52 weeks’ low of $40 while were investors exchanging 9,528 shares, Salada Foods skidded 51 cents to close at $2.51 with traders dealing in 30,370 units and Seprod popped $2.94 to end at $77.95 after a transfer of 31,895 stocks.
In the preference segment, Eppley 7.25% preference share fell $1 and ended at $18 in trading 6,375 stock units and Eppley 7.75% preference share dipped $2.88 to $16.34 after an exchange of 3,000 shares.
A total of 8,247,700 shares were traded for $96,457,587 versus 9,049,895 units at $57,441,768 on Thursday.
The Main Market ended trading with an average PE Ratio of 12.8. 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.
Jamaica Stock Exchange rose 39 cents and ended at $9.82 after an exchange of 80,721 stocks, Key Insurance rallied 35 cents to end at $2.25, with 120 units crossing the market, Kingston Wharves advanced $1.98 in closing at $28 after an exchange of 12,121 stocks. Mayberry Investments rose 31 cents to close at $8.16 after 6,324 units passed through the market, Mayberry Jamaican Equities fell $1.24 to $9, with 70,300 shares changing hands, NCB Financial declined $4 to end at $66 with an exchange of 433,935 stock units. Proven Investments advanced 98 cents in closing at $23 after trading 3,225 shares, Sagicor Group shed $1 to close at $41.10, with 466,034 stocks crossing the exchange,
Scotia Group popped 50 cents and ended at $34 with investors dealing in 30,975 units and Wisynco Group rallied 50 cents to $19.60 while exchanging 11,521 stock units.
Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks changing hands rising 16 percent with a 40 percent lower value than on Wednesday. Trading took place in 52 securities compared to 55 on Wednesday, resulting in 24 rising, 16 declining and 12 ending unchanged.
Carreras led trading with 3.18 million shares for 35.1 percent of total volume followed by Wigton Windfarm with 1.74 million units for 19.2 percent of the day’s trade and Ciboney Group with 1.71 million units for 18.9 percent of the day’s trad
GraceKennedy climbed 89 cents to end at $72.89 after a transfer of 112,399 stocks, Key Insurance fell 50 cents in closing at a 52 weeks’ low of $1.90 with stakeholders exchanging 69,034 units, Massy Holdings shed $1 to close at $90, with 805 stocks changing hands. NCB Financial shed $2.39 to end at $70 with investors dealing in 45,046 shares, Proven Investments skidded 73 cents in closing at $22.02 in an exchange of 15,505 stock units, Salada Foods increased 42 cents to close at $3.02 with traders dealing in 562 shares. Scotia Group dipped 50 cents to end at $33.50 as investors exchanged 131,682 stock units,
Seprod rallied 25 cents to $75.25 with 3,156 units clearing the market and Stanley Motta rose 55 cents in closing at $6 with an exchange of just 250 stocks.
In total 7,777,704 shares were traded for $95,955,593, sharply down from 106,705,122 units at $248,485,563 on Tuesday.
The Main Market ended trading with an average PE Ratio of 12.3. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies who’s financial year ends around August 2024.
NCB Financial skidded $1.10 and ended at $72.39 with shareholders swapping 178,366 units, Pan Jamaica rose $1 to $47 with 643 stocks clearing the market, Proven Investments shed 98 cents in closing at $22.75 with an exchange of 551 units. Salada Foods declined 44 cents to end at $2.60, with 12,850 shares changing hands, Supreme Ventures rallied 50 cents to $26.50 with a transfer of 67,347 stocks, Sygnus Credit Investments popped 35 cents and ended at $11.80 after 16,050 stock units passed through the market and Wisynco Group dropped 50 cents to end at $19 in switching ownership of 1,180,403 shares.
In the preference segment, Jamaica Public Service 7% shed 99 cents in closing at $41.01 with investors transferring 673 units and Productive Business Solutions 10.5% preference share advanced $50 to close at $1,150 in an exchange of 300 stocks.