Trading on Wednesday ended with the market rising after trading 51 percent more shares than on Tuesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Six securities traded on Wednesday, compared to five on Tuesday with three stocks rising, one declining while two finished unchanged.
The JSE USD Equity Index gained 1.04 points to end at 195.18. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 336,261 shares traded for US$10,167 compared to 223,012 units at US$22,412 on Tuesday.
Trading averaged 56,044 units at US$1,694, in contrast to 44,602 shares at US$4,482 on Tuesday. Trading averaged 81,042 units for the month to date at US$4,348 in contrast to 82,621 units at US$4,516 on Tuesday. May ended with an average of 138,035 units for US$17,391.
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 Capital declined 0.79 of a cent to close at 7.21 US cents after trading two shares, MPC Caribbean Clean Energy remained at US$1.05 after 45 stock units changed hands, Proven Investments popped 0.8 of a cent to 25.85 US cents after the trading of 29,433 shares. Sterling Investments remained at 2 US cents with 2,155 shares clearing the market and Transjamaican Highway gained 0.03 of a cent to close at 0.85 US cents with the swapping of 304,576 units.
In the preference segment, JMMB Group 6% increased 7 cents to US$1.10, trading 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume climbs for JSE USD stocks
USD Market slips further on Tuesday
Trading on the USD market of the Jamaica Stock Exchange closed on Tuesday, with the market index declining as investors traded 26 percent fewer shares than on Monday at 453 percent less the value, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to eight on Monday with prices of one stock rising, three declining and one remaining unchanged.
The JSE USD Equity Index fell 2.02 points to end at 194.14. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 223,012 shares traded, for US$22,412 compared to 301,164 units at US$6,113 on Monday. Trading averaged 44,602 units at US$4,482, in contrast to 37,896 shares at US$764 on Monday. The month to date averaged 82,621 units at US$4,516 in contrast to 84,733 units at US$4,517 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital declined by 0.98 of a cent to end at 8 US cents with an exchange of 163,018 stock units, Proven Investments 0.8 of a cent to 25.05 US cents, with ownership of 11,428 stock units switching, Sygnus Credit Investments dropped 1 cent to 14 US cents with 30,400 shares traded and Transjamaican Highway closed at 0.82 of a US cent with 16,686 units crossing the exchange.
In the preference segment, JMMB Group 6% gained 3 cents to finish at US$1.03, with 1,480 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rises on JSE USD market
Stocks came out of the woodworks on Monday in helping to swell trading leading to eight securities, compared to seven on Friday with prices of three rising, three declining and two closing unchanged after 61 percent more shares traded than on Friday on the US dollar market of the Jamaica Stock Exchange.
The JSE USD Equity Index fell 1.90 points to 196.16. The PE Ratio, a measure of determining the appropriate relative value of each stock, based on ICInsider.com’s forecast of 2021-22 earnings averages 12.3.
Overall, 303,164 shares traded for US$6,113 versus 188,607 units at US$31,769 on Friday.
Trading averaged 37,896 units at US$764, in contrast to 26,944 shares at US$4,538 on Friday. Trading averages 84,733 units for the month to date at US$4,517 compared to 89,303 units at US$4,884 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price, while two ended with lower offers.
At the close, First Rock Capital climbed 0.48 of a cent to 8.98 US cents while exchanging 1,000 shares, MPC Caribbean Clean Energy declined 10 cents to US$1.05 while swapping of 58 units, Proven Investments gained 0.35 of a cent in closing at 25.85 US cents, with 1,808 stocks changing hands. Sterling Investments ended at 2 US cents after an exchange of 10,356 units, Sygnus Credit Investments popped 0.2 of a cent to 15 US cents trading 4,439 stock units and Transjamaican Highway fell 0.05 of a cent to 0.82 of a US cent in trading 283,393 units.
In the preference segment, Equityline Mortgage Investment preference share closed at US$2, with 110 stock units clearing the market and JMMB Group 6% dropped 3 cents to end at US$1 in trading 2,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest trading for JSE USD equities
Trading on Friday ended with the JSE USD Equity Index slipping 0.81 points to 198.06, after trading 499 percent more shares than on Thursday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.
Seven securities traded, up from four on Thursday with prices of two rising, four declining and one remaining unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, a total of 188,607 shares traded for US$31,769 compared to 31,160 units at US$4,667 on Thursday.
Trading averaged 26,944 units at US$4,538, in contrast to 7,790 shares at US$1,167 on Thursday. Trading averaged 89,302 units for the month to date at US$4,884 in contrast to 95,123 units at US$4,916 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Capital dipped 0.5 of a cent in closing at 8.5 US cents after trading just one share, Margaritaville increased 0.85 of a cent to close at 9 US cents after exchanging 100,000 stocks, Proven Investments declined 0.45 of a cent to 25.5 US cents in exchanging 30,050 stock units. Sterling Investments remained at 2 US cents in exchanging 24,905 units, Sygnus Credit Investments shed 0.19 of a cent to close at 14.8 US cents, in trading just one unit, Transjamaican Highway gained 0.01 of a cent to end at 0.87 of a US cent in an exchange of 19,650 stocks.
In the preference segment, JMMB Group 6% declined 7 cents to end at US$1.03, with 12,000 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops for US Market on Thursday
Four securities traded on Thursday, down from six on Wednesday on the JSE USD market, with one stock rising, one declining and two ending unchanged, with the market index rising slightly, after an exchange of 93 percent fewer shares at 90 percent less value than on Wednesday and resulting in an even number of stocks falling and rising.
Overall, 31,160 shares traded for US$4,667, down fr0m 460,057 units at US$47,267 on Wednesday. Trading averaged 7,790 units at US$1,167 in contrast to 76,676 shares at US$7,878 on Wednesday. The month to date averaged 95,123 units at US$4,916 in contrast to 100,043 units at US$5,127 on Wednesday. May ended with an average of 138,035 units for US$17,391.
The JSE USD Equity Index rose 1.78 points to 198.87. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital ended at 9 US cents with 7,748 shares traded, Proven Investments gained 0.05 of a cent to finish at 25.95 US cents with 4,455 stocks changing hands, Sterling Investments remained at 2 US cents with investors switching ownership of 225 units and Sygnus Credit Investments fell 0.26 of a cent to 14.99 US cents, with 18,732 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.