Trading ended with a second consecutive day of a sharp decline in the JSE Main Market index on Thursday, and the third day of a sharp decline since the start of October as all of a near 7,000 points rally on the final day of September has been wiped out with a fall of just under 11,000 points for October to date with trading in 58 securities compared with 52 on Wednesday, resulting in prices of 15 stocks rising, 25 declining and 18 ending unchanged.
The volume of stocks traded declined 66 percent and the value 64 percent lower than on Wednesday, with a total of 7,238,507 shares changing hands for $54,207,250 versus 21,242,982 units at $150,463,331 on Wednesday. There was trading in VM Financial Group 2026A traded 1,000,000 units at $100.27.
Trading averaged 124,802 shares at $934,608 versus 408,519 shares at $2,893,526 on Wednesday and month to date, an average of 212,117 units at $1,542,996, compared with 243,186 units at $1,759,478 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 3.63 million shares for 50.2 percent of total volume followed by JMMB Group 7.35% – 2028 with 938,987 units for 13 percent of the day’s trade and Wigton Windfarm with 695,706 units for 9.6 percent market share.
The All Jamaican Composite Index dropped a hefty 4,288.27 points to close at 347,171.16, the JSE Main Index dived 4,681.02 points to close at 316,267.74 and the JSE Financial Index dipped 1.87 points to close at 69.19.
The Main Market ended trading with an average PE Ratio of 12.2. 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 by August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement dipped 94 cents in closing at $52.80 as 8,742 shares passed through the market, Eppley Caribbean Property Fund gained $1.80 to end at $39 in an exchange of 300 stock units, First Rock Real Estate rose 64 cents and ended at $8.64 as investors exchanged 110 units, Guardian Holdings shed $60 to close at $440 in switching ownership of 1,367 stocks. Jamaica Broilers fell $1.37 to $32.50 after an exchange of 3,380 stock units,
Jamaica Producers skidded 90 cents in closing at $18.70 after trading 25,958 shares, Jamaica Stock Exchange declined 50 cents to end at $9.40 in trading 41,071 units, JMMB Group rallied 99 cents to close at $28.49 while exchanging 72,618 stocks. Kingston Wharves popped $1.30 and ended at $31.30 after trading 1,859 stock units, NCB Financial lost $3.44 to $61.07, with 69,894 shares crossing the exchange, Pan Jamaica dropped $1.15 to $50.35 with an exchange of 4,858 units. Proven Investments increased $1.83 to end at $21.98 with traders dealing in 17,729 stocks, Seprod dipped 73 cents to close at $73.45 after a transfer of 14,380 shares and Wisynco Group fell 84 cents in closing at $17.61 with investors transferring 161,658 stock units.
In the preference segment, Jamaica Public Service 7% climbed $6.17 to $47.32 with shareholders swapping 6 units, JMMB Group 7.35% – 2028 skidded 45 cents to close at $2.55, with 938,987 stocks changing hands and 138 Student Living preference share shed $6.47 and ended at $113.85 with a transfer of 29 stock 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 Tuesday, with the volume of stocks changing hands declining 5 percent valued 63 percent more than on Monday and resulting in trading in 10 securities, compared to five on Monday with four rising, three declining and three ending unchanged.
Overall, 252,693 shares were traded, for US$10,412 compared to 266,503 units at US$6,378 on Monday.
Trading averaged 25,269 units at US$1,041, versus 53,301 shares at US$1,276 on Monday, with a month to date average of 34,613 shares at US$1,119 compared to September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index slipped 0.45 points to settle at 255.88.
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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Productive Business Solutions declined 2 cents and ended at US$1.95 with an exchange of 2 shares, Proven Investments fell 0.13 of a cent to close at 13.77 US cents after 1,092 stock units were traded, Sterling Investments gained 0.05 of a cent in closing at 1.75 US cents after a transfer of 3,205 units.
Sygnus Credit Investments remained at 9.02 US cents in trading 8,054 stocks, Sygnus Real Estate Finance USD share ended at 10 US cents with investors dealing in 208 shares and Transjamaican Highway skidded 0.03 of a cent to 1.8 US cents while exchanging 239,395 units.
In the preference segment, JMMB Group 5.5% rallied 0.42 cents to close at US$1.989 with a transfer of 52 stocks, JMMB Group 5.75% rose 30 cents to US$2.17, with 68 stock units changing hands, JMMB Group 6% popped 6.8 cents in closing at US$1.07 in switching ownership of 231 stock units and Productive Business Solutions 9.25% preference share remained at US$12 after 386 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged for JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 90 percent, with a 89 percent lower value than on Friday, resulting in the trading of five securities, compared to seven on Friday with two rising, one declining and two ending unchanged.
Overall, 266,503 shares were traded for US$6,378 compared to 2,780,944 units at US$60,312 on Friday.
Trading averaged 53,301 units at US$1,276, versus 397,278 shares at US$8,616 on Friday, compared with September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index popped 2.50 points to 256.33.
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 between November 2023 and 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 shed 1.19 cents and ended at 4.08 US cents with shareholders swapping 30,000 shares,
MPC Caribbean Clean Energy remained at 54 US cents with an exchange of 915 stock units. Proven Investments gained 0.15 of a cent to close at 13.9 US cents in trading 106 stocks, Sygnus Credit Investments ended at 9.02 US cents with 5,465 units crossing the market and Transjamaican Highway rose 0.04 of a cent in closing at 1.83 US cents after 230,017 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in trading for JSE USD Market
Trading jumped on the Jamaica Stock Exchange US dollar market ended on Friday, to close out the month, with a 145 percent climb in the volume of stocks changing hands but the value declined by 62 percent compared to the total outlay on Thursday, resulting in seven securities traded compared to four on Thursday and ended with two rising, four declining and one ending unchanged.
A total of 2,780,944 shares were traded at US$60,312 compared with 1,133,465 units at US$157,008 on Thursday.
Trading averaged 397,278 units at US$8,616, versus 283,366 shares at US$39,252 on Thursday, with a month to date average of 73,281 shares at US$5,102 compared with 58,059 units at US$4,937 previously. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index declined 3.81 points to conclude trading at 253.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed based on the last traded price divided by projected earnings by ICInsider.com for companies with their financial year ending between November 2023 and 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 lost 0.62 of one cent in closing at 5.27 US cents after an exchange of 10,122 shares, Margaritaville fell 0.55 of a cent to 10.8 US cents while 15,863 stock units were traded,
Productive Business Solutions dipped 3 cents to end at US$1.97 with investors trading 2,019 stocks. Proven Investments slipped 0.75 of a cent to 13.75 US cents after 45,262 units crossed the exchange, Sygnus Credit Investments ended at 9.02 US cents with a transfer of 8,499 shares and Transjamaican Highway popped up by 0.05 of a cent to end at 1.79 US cents with investors trading 2,699,164 units.
In the preference segment, JMMB Group 5.5% gained 29.41 cents in closing at US$1.9848 with an exchange of 15 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 13 percent valued 351 percent more than on Wednesday and resulting in gains for the market following trading of four securities, compared to nine on Wednesday with prices of three rising, one declining.
Overall, 1,133,465 shares were traded, for US$157,008 compared to 1,007,248 units at US$34,775 on Wednesday.
Trading on Thursday ended with an average of 283,366 shares for US$39,252, up from 111,916 units at US$3,864 on Wednesday, with a month to date average of 58,059 shares at US$4,937 compared to 51,844 units at US$3,990 on the previous day and August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index gained 5.02 points to finish at 257.64.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 between November 2023 and 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, First Rock Real Estate USD share rose 0.77 of one cent to end at 5.89 US cents with investors transferring 31,520 shares, MPC Caribbean Clean Energy skidded 6 cents and ended at 54 US cents in switching ownership of 394 stocks, Proven Investments rallied 0.5 of a cent in closing at 14.5 US cents after trading of 1,089,571 stock units and Transjamaican Highway popped 0.04 of a cent to close at 1.74 US cents with an exchange of 11,980 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 21,242,982 shares were traded for $150,463,331 up from 8,077,700 units at $48,668,636 on Tuesday.
The All Jamaican Composite Index lost 1,589.24 points to end at 351,459.43, the JSE Main Index shed 2,331.49 points to settle at 320,948.76 and the JSE Financial Index slipped 0.93 points to settle at 71.06.
GraceKennedy rallied 50 cents in closing at $75.50 in switching ownership of 23,408 stocks, Jamaica Stock Exchange rose 30 cents in closing at $9.90, with 16,015 stock units clearing the market, Kingston Properties advanced 37 cents to end at $6.77 after an exchange of 89 units, Kingston Wharves climbed 41 cents to $30, with 1,868 shares crossing the market. Mayberry Investments rose 43 cents and ended at $7.43 after exchanging 63,649 stocks, NCB Financial lost $2.99 to close at $64.51 as investors exchanged 13,632 stock units, Proven Investments declined 36 cents to close at $20.15 after a transfer of 3,389 units, Salada Foods popped 35 cents and ended at $3 with shareholders swapping 9,800 shares. Scotia Group rallied 44 cents to end at $33.94 in trading 81,862 units, Seprod popped $4.18 in closing at $74.18 with an exchange of 1,233 stock units and Wisynco Group increased $1.12 to $18.45 in an exchange of 345,315 stocks.
In the preference segment, Eppley 7.50% preference share climbed 42 cents to $6.01 with investors dealing in 473 shares, 138 Student Living preference share advanced $15.32 and ended at $120.32 one share changing hands and Productive Business Solutions 9.75% preference share shed $2 to close at $98 with a transfer of 69 units.
A total of 8,077,700 shares were traded for $48,668,636 compared with 10,318,659 units at $87,662,978 on Monday.
The Main Market ended trading with an average PE Ratio of 12.2. 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 up to August 2024.
Jamaica Stock Exchange increased 60 cents to close at $9.60 after 7,627 units passed through the market, JMMB Group fell $2.26 and ended at $27.30 in an exchange of 50,094 shares, Kingston Properties skidded $1.10 in closing at $6.40 in trading 150,600 stock units, Kingston Wharves dropped 41 cents to $29.59 with a transfer of 4,588 stocks. Massy Holdings skidded $2.80 to close at $100.10 after a transfer of 5,247 units, NCB Financial dipped 99 cents and ended at $67.50 with shareholders swapping 10,276 shares, Proven Investments fell $1.46 to end at $20.51, with 3,082 stocks crossing the exchange, Sagicor Group shed $2 and ended at $45 in switching ownership of 166,783 stock units. Salada Foods declined 39 cents in closing at $2.65 after trading 400 stocks, Seprod lost $4.50 to end at $70 with investors transferring 7,249 stock units, Stanley Motta shed $1.05 to close at $5.30 with 826 shares clearing the market and Wisynco Group skidded 67 cents to end at $17.33 after 29,314 units crossed the market.
In the preference segment, Eppley 7.50% preference share dipped 58 cents to end at $5.59 with traders dealing in 116 stocks and Jamaica Public Service 7% declined $7.25 to $41.15 and closed with 400 shares being traded.
A total of 10,318,659 shares were exchanged for $87,662,978 compared to 22,184,532 units at $189,538,021 on Friday.
The Main Market ended trading with an average PE Ratio of 12.4. 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 up to August 2024.
Kingston Properties skidded 50 cents in closing at $7.50 as investors exchanged 32,491 units, Massy Holdings lost $1 to close at $102.90 after a transfer of 1,925 stocks, Mayberry Jamaican Equities climbed 50 cents to close at $10.50 after 4,679 shares changed hands, MPC Caribbean Clean Energy fell $2 and ended at $81 after exchanging 860 stock units. NCB Financial dropped $1.48 to end at $68.49 with investors transferring 93,728 units, Pan Jamaica increased $1.15 in closing at $51.50 after trading 25,182 stock units, Proven Investments rose $1.85 to $21.97 in an exchange of 10,524 stocks, Sagicor Group shed $1.48 to close at $47 with 183,195 shares crossing the exchange. Scotia Group skidded 56 cents in closing at $33.50, with 5,166 units changing hands, Seprod shed 40 cents to end at $74.50 after an exchange of 8,372 stock units,
Stanley Motta rallied 40 cents to $6.35 with traders dealing in 326,153 stocks and Supreme Ventures lost 87 cents and ended at $26 while 115,040 shares were exchanged.
A total of 22,184,532 shares were traded for $189,538,021 compared with 13,644,908 units at $75,752,827 on Thursday, including General Accident that was added to the Main Market but only traded 100 shares at the price of $6.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and seven with lower offers.
Mayberry Investments dropped $1 to end at $7 in an exchange of 279,105 stocks. Mayberry Jamaican Equities lost 50 cents and ended at $10 after exchanging 6,074 stock units, NCB Financial rose $4.97 to $69.97 in an exchange of 51,699 stocks, Proven Investments dipped $1.87 to close at $20.12 with stakeholders exchanging 11,810 units, Pulse Investments fell 36 cents and ended at $2.06 with investors dealing in 10,577 shares. Radio Jamaica increased 38 cents to end at $1.79 as investors exchanged 2,318,438 units, Sagicor Group gained $3.48 in closing at $48.48, with 202,225 shares crossing the market, Seprod climbed $4.91 to $74.90 after 75,505 stock units passed through the exchange and Stanley Motta advanced 35 cents to close at $5.95 in trading 6,053,426 stocks.
In the preference segment, Jamaica Public Service 7% popped $6.40 and ended at $48.40 after an exchange of 113 stock units and JMMB Group 7% preference share rallied 43 cents in closing at $2.30 after 522 shares were traded.
A total of 13,644,908 shares were traded for $75,752,827 down from 45,685,912 units at $335,401,719 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.6. 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 up to August 2024.
Kingston Wharves rose $1 in closing at $29, with 17,510 stocks changing hands, Mayberry Jamaican Equities dipped 75 cents and ended at $10.50 after hitting an intraday 52 weeks’ low of $8.01, with 3,441 shares clearing the market, NCB Financial dropped $3 to $65 after 227,799 stock units passed through the market. Pan Jamaica rallied $1.20 to end at $50.20 with an exchange of 12,890 stocks, Portland JSX advanced 30 cents to close at $10.80 in switching ownership of 1,939 shares, Proven Investments increased $1.99 and ended at $21.99 with traders dealing in 12,480 units. Sagicor Group rallied 40 cents to $45 with a transfer of 204,396 shares, Seprod rose 74 cents in closing at $69.99, with investors trading 4,137 stock units and Stanley Motta advanced 32 cents to end at $5.60, with 2,117,321 units crossing the market
In the preference segment, 138 Student Living preference share gained $2 to end at $105 with shareholders swapping 1,400 stocks.