Trading drops on JSE USD Market

Trading fell on the Jamaica Stock Exchange US dollar market on Wednesday, with a 77 percent fall in the volume of stocks changing hands, valued 63 percent less than on Tuesday and resulting in trading of seven securities, the same number as Tuesday and ended, with four rising and three ending unchanged.
A total of 136,351 shares were exchanged for US$23,735 compared with 593,068 units at US$64,296 on Tuesday.
Trading averaged 19,479 shares at US$3,391 versus 84,724 units at US$9,185 on Tuesday, with a month to date average of 56,990 shares at US$4,045 compared with 58,949 units at US$4,079 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 3.33 points to finish at 238.46.
PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated 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, First Rock Real Estate USD share remained at 4 US cents, with 12,795 shares crossing the exchange,  MPC Caribbean Clean Energy popped 0.01 of a cent to 53.01 US cents after trading 194 units, Proven Investments gained 0.45 of one cent and ended at 15 US cents in an exchange of 70,006 stock units. Sygnus Credit Investments climbed 1.13 cents to end at 10.23 US cents with 21,557 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10 US cents with shareholders swapping 48 units and Transjamaican Highway rose 0.09 of a cent and ended at 1.7 US cents, with 21,369 stock units crossing the market.
In the preference segment, JMMB Group 6% ended at US$1, with traders dealing in 10,382 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Funding for JSE USD stocks jumped

The volume of stocks trading declined 33 percent, but the value jumped 291 percent more than on Monday at the close of the Jamaica Stock Exchange US dollar market on Tuesday, resulting in seven securities being traded, up from three on Monday and ended with two rising, three declining and two unchanged.
Overall, 593,068 shares were traded for US$64,296 compared with 884,498 units at US$16,456 on Monday.
Trading averaged 84,724 shares at US$9,185 compared to 294,833 units at US$5,485 on Monday. Trading for the month to date averaged 58,949 shares at US$4,079 compared to 57,529 units at US$3,798 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index advanced 1.05 points to conclude trading at 235.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio is calculated 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 one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville dipped 0.01 of a cent to 11.49 US cents after 3,909 shares changed hands, Productive Business Solutions ended at US$1.70 after 45 units were traded, Proven Investments fell 0.1 of a cent to close at 14.55 US cents in trading 409,526 stocks. Sterling Investments rallied 0.04 of a cent to end at 1.98 US cents, with trading in 91,000 shares, Sygnus Credit Investments rose 0.04 of a cents to 9.1 US cents after a transfer of 1,001 units and Transjamaican Highway skidded 0.08 of a cent to end at 1.61 US cents with an exchange of 87,500 shares.

In the preference segment, JMMB Group 6% remained at US$1 and closed with 87 stock units being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Heavy trades in Carreras, Stanley Motta & Broilers

Heavy trading in Carreras, Stanley Motta and Jamaica Broilers on the Jamaica Stock Exchange Main Market on Tuesday push the volume of stocks traded up by 261 percent and the value 234 percent more than on Monday, with trading in 55 securities similar to trading on Monday and ended with prices of 20 rising, 16 declining and 19 ending unchanged.
A total of 17,477,049 shares were traded for $200,353,274 compared to 4,844,640 units at $59,990,583 on Monday.
Trading averaged 317,765 shares at $3,642,787 compared to 88,084 units at $1,090,738 on Monday and month to date, an average of 324,029 stocks at $1,698,489 compared to 324,372 shares at $1,591,873 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Carreras led trading with 6.63 million shares for 37.9 percent of the volume, followed by Stanley Motta with 5.02 million units for 28.7 percent of the day’s trade and Jamaica Broilers with 3.0 million units for 17.2 percent market share.
The All Jamaican Composite Index popped 1,999.27 points to 351,449.14, the JSE Main Index rallied 881.84 points to close at 317,871.56 and the JSE Financial Index climbed 0.66 points to end trading at 70.59.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecast by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement skidded $1.99 to $50.01 with 2,410 shares being traded, GraceKennedy dipped 40 cents to close at $75.50, with 43,686 stock units crossing the exchange, Guardian Holdings dropped $18.80 to end at $401.20, with investors trading 100 units. Jamaica Stock Exchange rose 97 cents to close at $9.50 as investors exchanged 7,053 stocks, Key Insurance popped 36 cents in closing at $2.87 after an exchange of 500 units, Kingston Properties dipped 45 cents to $6.90 after a transfer of 10,061 stocks. Margaritaville climbed $2.32 to close at $16.35 in switching ownership of 2 stocks, NCB Financial jumped $1.54 and ended at $72.98, with 54,335 shares crossing the market, Pan Jamaica fell 81 cents to close at $46.99 after 2,889 stock units passed through the market. Scotia Group fell 85 cents to end at $33, with 60,007 stocks changing hands, Seprod shed $3 to close at $65 after an exchange of 1,943 shares, Supreme Ventures skidded 44 cents to $27.55 in an exchange of 8,926 units and Sygnus Credit Investments gained 47 cents and ended at $11.97 in trading 33,270 shares.
In the preference segment, Eppley 7.75% preference share climbed 30 cents to end at $18.50 while exchanging 9,706 stock units, Jamaica Public Service 7% rallied $8.86 in closing at $58.86 after 12 units were traded, JMMB Group 7.25% preference share increased 59 cents and ended at $1.84 with traders dealing in 10 stocks and Productive Business Solutions 9.75% preference share skidded 50 cents to $99.50 with investors trading 26 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks hit JSE Main Market

Falling prices dominated trading on the Jamaica Stock Exchange Main Market on Monday, after trading in 55 securities up from 51 on Friday, and ended with 29 declining, just 14 rising, and 12 ending unchanged, with moderate trading levels that led to a 54 percent fall in the volume of stocks traded following a modest increase in value over Friday and closed with two stocks ending at 52 weeks’ lows.
A total of 4,844,640 shares were traded for $59,990,583 compared to 10,571,793 units at $57,562,911 on Friday.
Trading averaged 88,084 shares at $1,090,738 compared to 207,290 units at $1,128,685 on Friday and month to date, an average of 324,372 shares at $1,591,873 versus 338,081 units at $1,620,947 on the previous trading day. July closed with an average of 283,368 units at $2,135,482.
Wigton Windfarm led trading with 1.20 million shares for 24.7 percent of total volume, followed by the Sagicor Select Manufacturing & Distribution Fund with 647,176 units for 13.4 percent of the day’s trade and Supreme Ventures with 634,654 units for 13.1 percent market share.
The All Jamaican Composite Index skidded 3,967.05 points to 349,449.87, the JSE Main Index dropped 3,340.09 points to finish at 316,989.72 and the JSE Financial Index
slipped 0.67 points to 69.93.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and one with a lower offer, a strong indication that the market will open positively on Tuesday.
At the close, Caribbean Cement gained $2 to close at $52 with a transfer of 1,972 shares, Caribbean Producers fell 40 cents to close at $9.60 with shareholders swapping 55,803 stock units, Eppley Caribbean Property Fund lost $4.74 to close at $36.36 after trading in 5,460 units. First Rock Real Estate dropped 79 cents to end at $7.71 after investors ended trading 50 stocks, Guardian Holdings declined $19.75 and ended at $420 with investors dealing in 12 shares, Jamaica Stock Exchange shed $1.24 to close at a 52 weeks’ low of $8.53, with 14,677 stock units crossing the market, after trading at a 52 weeks’ intraday low of $8.25. JMMB Group dipped 95 cents to end at $27.84 with 284,271 units clearing the market, Kingston Properties climbed 35 cents to $7.35 after 7 stocks passed through the market, Massy Holdings skidded 90 cents to $100.10 with an exchange of 5,230 stock units. NCB Financial dropped $2.56 in closing at $71.44 after an exchange of 18,829 stocks, Sagicor Group fell $2.40 to close at $44.09 in switching ownership of 16,798 units, Scotia Group popped 85 cents and ended at $33.85 while exchanging 10,411 shares. Sygnus Credit Investments declined 47 cents in closing at $11.50 after trading in 4,927 stocks and Wisynco Group dipped $1.04 to end at $16.91, with 62,100 shares crossing the market.
In the preference segment, Eppley 7.50% preference share increased 49 cents to $6 with investors transferring 66 stock units, JMMBGL 7.25% preference share traded 612 units at a 52 weeks’ low of $1.25, after declining 20 cents and Productive Business Solutions 10.5 % preference share rallied $98 to close at $1,100 as investors exchanged 40 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surged on the JSE USD Market

Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 708 percent jump in the volume of stocks changing hands rising, valued just slightly more than on Friday, and resulting in the trading of three securities, compared to four on Friday with none rising, two declining and one ending unchanged.
Investors traded a total of 884,498 shares with a value of US$16,456 compared to 109,502 units at US$16,272 on Friday.
Trading averaged 294,833 shares at US$5,485 compared with 27,376 units at US$4,068 on Friday, with a month to date average of 57,529 shares at US$3,798 compared with 51,787 units at US$3,757 on the previous trading day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 4.11 points to end at 234.08.
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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Proven Investments lost 0.15 of a cent and ended at 14.65 US cents with shareholders exchanging 2,000 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.69 US cents after an exchange of 880,507 units.
In the preference segment, JMMB Group 6% remained at US$1 after 1,991 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on JSE Main Market

Trading activity picked up on the Jamaica Stock Exchange Main Market to close of the week on Friday, with the volume of stocks traded rising 16 percent and the value 63 percent more than on Thursday, with 51 securities trading compared with 53 on Thursday, with 19 rising, 19 declining and 13 ending unchanged.
A total of 10,571,793 shares were traded for $57,562,911 up from 9,151,844 units at $35,266,609 on Thursday.
Trading averaged 207,290 shares at $1,128,685 compared to 172,676 shares at $665,408 on Thursday and month to date, an average of 338,081 units at $1,620,947, compared with 345,517 units at $1,648,935 on the previous day. Trading in July closed with an average of 283,368 units at $2,135,482.
Stanley Motta led trading with 6.01 million shares for 56.9 percent of total volume, Wigton Windfarm followed with 1.82 million units for 17.2 percent of market share and Transjamaican Highway with 1.14 million units for 10.8 percent of the day’s trade.
The All Jamaican Composite Index skidded 1,591.81 points to finish at 353,416.92, the JSE Main Index popped 23.12 points to end at 320,329.81 and the JSE Financial Index inched 0.19 points higher to close at 70.60.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Markets’ PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rose 71 cents to end at $7.76 with stakeholders exchanging 127 shares, Caribbean Cement fell $2 to end at $50 and in exchanging 6,100 stocks, Eppley Caribbean Property Fund advanced $1.10 to close at $41.10 with investors transferring 220 stock units. First Rock Real Estate gained 79 cents in closing at $8.50, with 2,400 units changing hands, Guardian Holdings jumped $37.84 to $439.75 after an exchange of 1,029 units,Jamaica Stock Exchange lost 23 cents and closed at a 52 weeks’ low of $9.77 after hitting an intraday 52 weeks’ low of $9.10 in trading 86,890 shares. Jamaica Producers shed 31 cents to end at $19.18 after an exchange of 1,100 shares, JMMB Group rallied $1.76 to $28.79 with traders dealing in 82,869 stock units, Kingston Properties skidded 39 cents to $7 with a transfer of 1,302 stocks. Kingston Wharves dipped $1.90 and ended at $27 with shareholders swapping 16,096 shares, Massy Holdings climbed 90 cents in closing at $101 in an exchange of 960 stocks, Mayberry Jamaican Equities popped 40 cents to end at $11.80, with 38,877 stock units crossing the exchange. NCB Financial rallied $1 to $74, with 26,455 units crossing the market, Sagicor Group lost 41 cents to end at $46.49 as investors exchanged 1,711 shares, Scotia Group dropped $1 in closing at $33 in trading 4,346 units, Seprod increased 50 cents to close at $68 with 18,577 stocks clearing the market and Wisynco Group rose 94 cents and ended at $17.95 trading 7,870 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading skids on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, following a 72 percent fall in the volume of stocks changing hands with a 56 percent lower value than on Thursday, resulting in four securities being traded, compared to six on Thursday with one rising and three declining.
A total of 109,502 shares were exchanged for US$16,272 compared to 389,899 units at US$37,298 on Thursday.
Trading averaged 27,376 shares at US$4,068 compared with 64,983 units at US$6,216 on Thursday, with a month to date average of 51,787 shares at US$3,757 compared with 52,601 units at US$3,747 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 2.01 points to end at 238.19.
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 no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, MPC Caribbean Clean Energy declined 4 cents to 53 US cents, with investors exchanging 292 shares, Proven Investments gained 0.2 of a cent and ended at 14.8 US cents in exchanging 108,621 stocks, Sygnus Credit Investments dipped 1.43 cents to 9.06 US cents, with 477 stock units changing hands and Transjamaican Highway dropped 0.05 of a cent in closing at 1.7 US cents in an exchange of 112 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks skidded on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 21 percent but with a 56 percent lower value than Wednesday, with trading in 53 securities compared with 50 on Wednesday, and ended with 14 rising, 23 declining and 16 ending unchanged.
A total of 9,151,844 shares were traded for $35,266,609 versus 7,549,896 units at $79,965,770 on Wednesday.
Trading averaged 172,676 shares at $665,408 compared with 150,998 units at $1,599,315 on Wednesday and month to date, an average of 345,517 units at $1,648,935 compared to 356,373 units at $1,710,697 on the previous day. July closed with an average of 283,368 units at $2,135,482.
QWI Investments led trading with 2.91 million shares for 31.7 percent of total volume, followed by Wigton Windfarm with 1.94 million units for 21.2 percent market share and Transjamaican Highway ended with 1.31 million units for 14.3 percent of the day’s trade.
The All Jamaican Composite Index skidded 1,860.37 points to close at 355,008.73, the JSE Main Index dived 3,329.09 points to settle at 320,306.69 and the JSE Financial Index fell 1.14 points to close at 70.41.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.8 for the Main Market. The JSE Main and USD Market PE ratios are calculated using the last traded prices in conjunction with ICInsider.com forecasted earnings for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement climbed 50 cents to end at $52 in switching ownership of 247 shares, Eppley Caribbean Property Fund fell $1.94 to $40 in trading 4,648 stocks, First Rock Real Estate declined $1.04 and ended at $7.71 with investors exchanging 4,414 units, Guardian Holdings dropped $37.84 to close at $401.91 after an exchange of a mere 2 shares. Jamaica Producers gained $1.49 to close at $19.49 with an exchange of 1,048 units, Massy Holdings dipped 90 cents and ended at $100.10 after 32,732 stocks passed through the market, Mayberry Jamaican Equities rose 40 cents to $11.40 with 78,223 stocks changing hands, MPC Caribbean Clean Energy skidded $12.30 to $69.70 with 2,285 shares clearing the market. NCB Financial shed $2 to close at $73 with investors dealing in 12,895 units, Sagicor Group increased $2.82 to $46.90 with traders exchanging 2,625 shares, Seprod dipped 50 cents in closing at $67.50 with 6,941 stocks crossing the market. Supreme Ventures shed 46 cents and ended at $27.99 with an exchange of 176,814 stocks, Sygnus Credit Investments popped 55 cents to end at $11.99 after trading 25,143 units and Wisynco Group skidded 84 cents to close at $17.01 with a transfer of 123,716 shares.
In the preference segment, Eppley 7.50% preference share dipped 49 cents to $5.51, with 17,000 stocks changing hands, Eppley 7.75% preference share fell $1.85 to close at $18.20 as investors exchanged 10,000 stock units. Jamaica Public Service 7% lost $5 and ended at $50 in an exchange of 1,000 units and Jamaica Public Service 9.5% dived $249.99 to end at $2800.01 after just one stock was traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks slipped on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 756 percent, valued 158 percent more than on Wednesday, resulting in six securities traded, compared to six on Wednesday with one rising, three declining and two ending unchanged.
A total of 389,899 shares were traded for US$37,298 compared to 45,555 stock units at US$14,460 on Wednesday.
Trading averaged 64,983 shares at US$6,216 versus 7,593 units at US$2,410 on Wednesday, with a month to date average of 52,601 shares at US$3,747 compared with 51,949 units at US$3,617 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index dipped 1.20 points to close at 240.16.
The PE Ratio, a measure used to compute stock values, averages 8.9. The PE ratio is calculated 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 no stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents in an exchange of 4 shares, Margaritaville climbed 0.4 of a cent in closing at 11.5 US cents in trading 100,001 stocks, MPC Caribbean Clean Energy declined 8 cents to 57 US cents and closed with an exchange of 682 units. Proven Investments shed 0.2 of a cent to end at 14.6 US cents, with 157,209 stock units changing hands, Sygnus Credit Investments fell 0.31 of a cent to 10.49 US cents, with 1,734 units being traded and Transjamaican Highway ended at 1.75 US cents with traders dealing in 130,269 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 87 percent, with the value 63 percent lower than on Tuesday, resulting in the trading of six securities, down from eight on Tuesday with one rising, three declining and two ending unchanged.
Trading closed with an exchange of 45,555 shares at US$14,460 compared to 343,792 units at US$39,382 on Tuesday.
Trading averaged 7,593 shares at US$2,410 compared with 42,974 shares at US$4,923 on Tuesday. Trading for the month to date averaged 51,949 shares at US$3,617 compared with 54,414 units at US$3,684 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index gained 0.66 points to finish at 241.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.2. The PE ratio is calculated using 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 no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents after 376 shares were traded, Margaritaville shed 0.4 of a cent to close at 11.1 US cents with investors trading 26,918 units, MPC Caribbean Clean Energy ended at 65 US cents in an exchange of 510 stock units, Proven Investments popped 0.3 of a cent to close at 14.8 US cents, with 7,529 stocks passing through the market and Sterling Investments dropped 0.03 of a cent and ended at 1.94 US cents with investors dealing in 215 units.
In the preference segment, JMMB Group 6% lost 5 cents to close at US$1 in an exchange of 10,007 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.