First Rock dominates JSE USD trading

Trading surged sharply on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands jumping 19,268 percent with 22,230 percent greater value than on Wednesday, First Rock Real Estate and proven Investments commanded the bulk of the day’s trade accounting for 99.36 percent of the volume traded, with trading in 10 securities, up from six on Wednesday and closing with four rising, four declining and two ending unchanged.
Overall, 22,118,146 shares were traded, for US$1,680,361 compared with 114,200 units at US$7,525 on Wednesday.
Trading averaged 2,211,815 shares at US$168,036 compared to 19,033 shares at US$1,254 on Wednesday, with a month to date average of 426,563 shares at US$24,480 compared with 225,973 units at US$8,351 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index dipped 19.78 points to 217.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two 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 gained 0.16 of a cent to end at 6.1 US cents after hefty trading of 19,350,000 shares, Margaritaville rallied 0.03 of a cent to 10.03 US cents as investors exchanged 595 units, MPC Caribbean Clean Energy dipped 2 cents in closing at 58 US cents with a transfer of 37 stock units. Productive Business Solutions lost 29.99 cents to close at US$1.60 with the swapping of 28 stocks, Proven Investments advanced 0.54 of one cent and ended at 17.59 US cents after an exchange of 2,626,400 stocks, Sterling Investments ended at 1.89 US cents, as 13,860 units changed hands. Sygnus Credit Investments ended at 9 US cents, after trading 75,643 stocks and Transjamaican Highway popped 0.01 of a cent in closing at 1.16 US cents while exchanging 42,500 shares.
In the preference segment, Productive Business 9.25% preference share declined 25 cents to close at US$12.75 in an exchange of 2,566 stocks and JMMB Group 6% shed 1 cent to end at US$1.07 in an exchange of 6,517 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losers beat winners on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 62 percent valued 78 percent lower than on Tuesday, resulting in six securities traded, compared to six on Tuesday with one rising, four declining and one ending unchanged.
Overall, 114,200 shares were traded for US$7,525 compared with 301,912 units at US$33,588 on Tuesday.
Trading averaged 19,033 units at US$1,254 down from 50,319 shares at US$5,598 on Tuesday, with a month to date average of 225,973 shares at US$8,351 compared to 240,933 units at US$8,864 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index shed 0.11 points to finish at 237.58.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. The PE ratio is computed based on the last traded price of each stock divided by ICInsider.com’s projected earnings for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share after ending at 5.94 US cents while exchanging 4,000 shares, MPC Caribbean Clean Energy declined 5 cents to end at 60 US cents as investors exchanged 500 stock units, Proven Investments fell 0.44 of one cent to close at 17.05 US cents with a transfer of 1,574 units, Sterling Investments lost 0.12 of one cent after ending at 1.89 US cents, with 544 stocks passing through the market, Sygnus Credit Investments dipped 0.03 of a cent in closing at 9 US cents with the swapping of 69,409 shares and Transjamaican Highway rose 0.01 of a  cent in closing at 1.15 US cents, with 38,173 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining slightly but with a 247 percent jump in value compared to trading on Tuesday, with 60 securities trading compared to 61 on Tuesday, with 21 rising, 20 declining and 19 ending unchanged.
A total of 27,085,519 shares were traded for $325,797,894 compared to 27,564,223 units at $93,817,986 on Tuesday.
Trading averaged 451,425 shares at $5,429,965 versus 451,873 shares at $1,538,000 on Tuesday and month to date, an average of 270,842 units at $1,464,663, compared to 258,214 units at $1,187,369 on the previous day. March closed with an average of 356,137 units at $3,015,416.
Jamaica Stock Exchange was the leading trade with 10.0 million shares for 36.9 percent of total volume, Carreras followed with 4.46 million units for 16.5 percent of the day’s trade, Wigton Windfarm ended with 2.82 million units for 10.4 percent market share, Transjamaican Highway closed with 2.39 million units for 8.8 percent of share traded, Wisynco Group traded 1.06 million units for 3.9 percent of market activity and Sagicor Select Financial Fund with 1.04 million units for 3.8 percent of total volume.
The All Jamaican Composite Index climbed 1,936.55 points to 376,387.83, the JSE Main Index rallied, 1,767.62 points to finish at 334,833.76 and the JSE Financial Index popped 0.29 points to 77.09.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded stock price and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints fell 42 cents to $7.88 with an exchange of 6,937 shares, Eppley Caribbean Property Fund climbed $2.50 after ending at $43.50, with 422 units changing hands, First Rock Real Estate declined $1.60 to end at $10.15, with 80,528 stocks crossing the market, GraceKennedy advanced 50 cents to close at $80 in an exchange of 69,435 stock units, JMMB Group shed 75 cents in closing at $30.55 with the swapping of 62,383 units, Kingston Properties lost 45 cents in closing at $6.65 after exchanging 12,176 stocks, Margaritaville gained 99 cents after ending at $19 with 149 stock units clearing the market, NCB Financial dipped $2.96 to $72.03 and closed after trading 159,555 shares, Pan Jamaica Group rallied $4.44 to $56.44 in an exchange of 163 units and Supreme Ventures rose 89 cents to close at $28.89 as investors exchanged 550,580 stock units.
In the preference segment, Productive Business 10.50%  preference share dropped $20 to end at $1200 in trading 169 stocks, Eppley 7.50% preference share declined $1.93 after finishing at $6 with an exchange of 11 shares, Eppley 7.75% preference share lost $1.42 to end at $18.60 with investors transferring two stock units, Jamaica Public Service 7% popped $16.24 to close at $79.49 as 538 shares passed through the market and Productive Business Solutions 9.75% preference share fell $3 in closing at $104 after a transfer of 658 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD Market drops

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 74 percent jump in the volume of stocks changing hands, valued 198 percent more than on Monday, and resulting in six securities being traded, up from three on Monday with none rising, four declining and two ending unchanged.
Overall, 301,912 shares were traded for US$33,588 compared with 173,563 units at US$11,282 on Monday.
Trading averaged 50,319 units at US$5,598 compared to 57,854 shares at US$3,761 on Monday, with a month to date average of 240,933 shares at US$8,864 compared with 255,786 units at US$9,118 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index lost 2.65 points to end at 237.28.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
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 fell 0.46 of a cent to close at 5.94 US cents after investors traded 13,000 shares, Margaritaville dropped 1.47 cents to land at 10 US cents while exchanging 42,183 stocks, Proven Investments dipped 0.11 of a cent in closing at 17.49 US cents after a transfer of 101,600 units, Sygnus Credit Investments shed 0.41 of a cent in ending at 9.03 US cents with the swapping of 100,021 stock units and Transjamaican Highway remained at 1.14 US cents in switching ownership of 44,108 stock units.
In the preference segment, JMMB Group 6% ended at US$1.08 with investors transferring 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE Main Market

The Jamaica Stock Exchange Main Market ended lower on Tuesday, with the volume of stocks traded rising 32 percent and the value 44 percent more than on Monday, following trading in 61 securities similar to Monday, with 25 rising, 19 declining and 17 ending unchanged.
A total of 27,564,223 shares were traded for $93,817,986 compared to 20,926,744 units at $64,972,967 on Monday.
Trading averaged 451,873 shares at $1,538,000 compared with 343,061 shares at $1,065,131 on Monday and month to date, an average of 258,214 units at $1,187,369, compared with 243,392 units at $1,160,533 on the previous day. March closed with an average of 356,137 units at $3,015,416.
Transjamaican Highway led trading with 10.12 million shares for 36.7 percent of total volume with the price rising 2 cents to $1.78, followed by Stanley Motta with 9.49 million units for 34.4 percent of the day’s trade, Wigton Windfarm with 4.94 million units for 17.9 percent market share after the price climbed 4 cents to 80m cents and QWI Investments with 1.67 million units for 6.1 percent of total volume.
The All Jamaican Composite Index fell 1,353.85 to 374,451.28, the JSE Main Index slipped 1,349.09 points to 333,066.14 and the JSE Financial Index fell 0.37 points to 76.43.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close, Carreras rose 36 cents to $8.86 with the swapping of 63,108 shares, First Rock Real Estate climbed 50 cents after ending at $11.75 in switching ownership of 8,001 shares, Guardian Holdings popped $5 to end at $490 after an exchange of just one stock unit. Jamaica Broilers fell 35 cents in closing at $35.60 changing hands 28,755 stock units, Jamaica Producers fell 97 cents to $20.73 after a transfer of 5,505 units. Key Insurance shed 58 cents in closing at $3.07, with 11,880 stock units changing hands, Kingston Properties rallied 48 cents to $7.10 as investors exchanged 246 stocks, Margaritaville dipped 38 cents to $18.01 while trading 147 units, Massy Holdings dropped $1.50 after ending at $85.50, with 4,330 stock units changing hands. NCB Financial jumped $1.99 to $74.99 trading 40,853 units, Pan Jamaica Group declined $4.79 to close at $52 and closed, with an exchange of 8,100 shares, Proven Investments lost 50 cents in closing at $25.50 in trading 57,800 stock units. Sagicor Group dipped 50 cents to end at $50 in an exchange of 12,050 units and Seprod dipped $2.79 after ending at $69.71 with a transfer of 3,039 shares.
In the preference segment, Eppley 7.25% preference share advanced $3.50 to end at $20 crossing the market 5 stocks, Jamaica Public Service 7% rose $13.25 to close at $63.25 with the swapping of 700 shares and 138 Student Living preference share gained $14.65 in closing at $88.65 with an exchange of 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended Monday, with the volume of stocks changing hands declining 86 percent and the value 95 percent lower than on Friday, resulting in trading of just three securities, compared to five on Friday with one rising, one declining and one ending unchanged.
Overall, 173,563 shares were traded for US$11,282 compared with 1,282,434 units at US$220,084 on Friday.
Trading averaged 57,854 shares at US$3,761 down from 256,487 shares at US$44,017 on Friday, with a month to date average of 255,786 shares at US$9,118 compared to 263,810 units at US$9,335 on the previous trading day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index shed 3.17 points to close at 240.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
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, Productive Business Solutions ended at US$1.8999, with 77 shares crossing the market, Proven Investments increased 1.4 cents to end at 17.6 US cents with an exchange of 58,056 units and Transjamaican Highway fell 0.15 of a cent in closing at 1.14 US cents, with 115,430 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market racks up gains to start week

Trading activity resulted in a rise in the Jamaica Stock Exchange Main Market on Monday, with rising stocks outnumbering those declining by a wide margin as the volume of stocks traded rose 121 percent but with a 45 percent lower value than on Friday, following trading in 61 securities compared to 54 on Friday, with 27 rising, 18 declining and 16 ending unchanged.
A total of 20,926,744 shares were traded for $64,972,967 compared to 9,481,950 units at $117,605,489 on Friday.
Trading averaged 343,061 shares at $1,065,131, compared with 175,592 stocks at $2,177,879 on Friday and month to date, an average of 243,392 units at $1,160,533, versus  235,131 units at $1,168,440 on the previous trading day. March closed with an average of 356,137 units at $3,015,416.
Transjamaican Highway led trading with 14.60 million shares for 69.8 percent of total volume followed by Wigton Windfarm with 3.75 million units for 17.9 percent of the day’s trade and Sagicor Select Financial Fund with 534,101 units for 2.6 percent market share.
The All Jamaican Composite Index rose 1,710.31 points to close at 375,805.13, the JSE Main Index gained 2,554.58 points to end at 334,415.23 and the JSE Financial Index popped 0.22 points and concluded trading at 76.80.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded price of stocks and earnings forecasts done by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments increased $1.40 to close at $78.90, with 128,106 shares crossing the market, Eppley Caribbean Property Fund dropped $3 to $41 in trading 1,762 units, GraceKennedy rallied 50 cents to end at $79.50 in switching ownership of 3,671 stock units, Guardian Holdings climbed $9 after ending at $485 following a transfer of 102 stocks, Jamaica Producers rose 90 cents in closing at $21.70 after an exchange of 6,520 units, Jamaica Stock Exchange fell 93 cents to $13.20 in trading 7,913 shares, Massy Holdings popped $1.75 in closing at $87 after an exchange of 234 stocks, MPC Caribbean Clean Energy lost $1.26 to close at $84.99, with 13 stock units clearing the market, Proven Investments shed 50 cents to end at $26 and closed with 4,006 units changing hands, Sagicor Group gained 50 cents after ending at $50.50 with a transfer of 83,160 stock units, Seprod jumped $3.50 in closing at $72.50 after investors traded 59,198 stocks and Sygnus Real Estate Finance gained $1 after ending at $11 as investors exchanged 26 shares.
In the preference segment, Productive Business 10.50% preference share popped $20 to $1220 with investors transferring 55 stocks, Jamaica Public Service 7% increased $11 to end at $50, with 541 units changing hands and Jamaica Public Service 9.5% rallied $150 to close at $3000 with an exchange of just two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rallies into the weekend

The Jamaica Stock Exchange Main Market ended on Friday, with the market index falling below the close of the previous week but recorded gains over the last two days with the volume of stocks traded declining 53 percent, with the value 24 percent more than on Thursday, as 54 securities were traded compared to 51 on Thursday, with 27 rising, 13 declining and 14 ending unchanged.
A total of 9,481,950 shares were traded for $117,605,489 versus 20,316,713 units at $95,105,433 on Thursday.
Trading averaged 175,592 shares at $2,177,879, versus 398,367 shares at $1,864,812 on Thursday and month to date, an average of 235,131 units at $1,168,440, compared with 239,845 units at $1,088,514 on the previous day. March closed with an average of 356,137 units at $3,015,416.
Transjamaican Highway led trading with 2.77 million shares for 29.2 percent of total volume.  JMMB Group 7.5%, followed with 2.17 million units for 22.9 percent of the day’s trade and Jamaica Broilers with 2.03 million units for 21.4 percent of market share.
The All Jamaican Composite Index advanced 1,723.12 points to conclude trading at 374,094.82, the JSE Main Index rose 275.40 points to 331,860.65 and the JSE Financial Index rose 0.34 points to 76.58.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.7 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last sale prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments declined 50 cents to $77.50, with 613 shares passing through the market, Eppley climbed 64 cents after ending at $37.29 in an exchange of 137 stock units, Guardian Holdings increased $1 to close at $476 in switching ownership of 742 stocks, Jamaica Broilers dropped 52 cents in closing at $35.95, with 2,026,628 units crossing the market, JMMB Group shed 48 cents to to end at $31 while exchanging 10,464 units, Kingston Wharves popped 74 cents after ending at $32.85 with 1,031 stock units crossing the exchange, Massy Holdings lost $2.75 to close at $85.25, with 214,948 shares clearing the market, Pan Jamaica Group advanced $3.79 to end at $56.79 with investors trading 2,692 stocks, Proven Investments gained 66 cents in closing at $26.50 after an exchange of 1,150 shares, Seprod fell $1 to $69 in swapping 4,703 stocks, Supreme Ventures rallied 89 cents to end at $27.89 with investors transferring 50,497 units and Sygnus Real Estate Finance rose 70 cents in closing at $10 with an exchange of 2,000 stock units.
In the preference segment, Jamaica Public Service 7% gained $3.35 after ending at $39 as investors exchanged 1,000 shares and Jamaica Public Service 9.5% dipped $150 to close at $2850 in trading 15 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market closes week higher

Trading on the Jamaica Stock Exchange US dollar market climbed sharply on Friday, with an 877 percent jump in the volume of stocks changing hands with the value jumping 724 percent over Thursday, resulting in five securities trading, compared to just two on Thursday and ended with prices of four rising, one declining and no ending unchanged.
Overall, 1,282,434 shares were exchanged for US$220,084 compared with 131,288 units at US$26,722 on Thursday.
Trading averaged 256,487 units at US$44,017, up from 65,644 shares at US$13,361 on Thursday, with a month to date average of 263,810 shares at US$9,335 compared with 264,341 units at US$6,822 on the previous day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index rallied 3.78 points to 243.09, with the market closing out the week higher than for the opening.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
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 rose 0.4 of a cent to 6.4 US cents after an exchange of 3,600 shares, Margaritaville gained 1.47 cents to end at 11.47 US cents after 8 stock units were swapped, Proven Investments gained 0.12 of a cent in closing at 16.2 US cents after 1,273,352 stock units were traded, Sterling Investments popped 0.01 of a cent in ending at 2.01 US cents in exchanging 474 units and Transjamaican Highway fell 0.01 of a cent to end at 1.29 US cents, with 5,000 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising JSE Main Market

Rising stocks resulted in market indices closing higher at the end of trading activity on the Jamaica Stock Exchange Main Market on Thursday, with the volume traded rising 6 percent but with an 11 percent lower value than on Wednesday, following trading in 51 securities down from 56 on Wednesday, with 20 rising, 22 declining and nine ending unchanged.
A total of 20,316,713 shares were traded for $95,105,433 compared to 19,169,248 units at $107,354,551 on Wednesday.
Trading averaged 398,367 shares at $1,864,812 compared with 342,308 units at $1,917,046 on Wednesday and month to date, an average of 239,845 shares at $1,088,514, compared with 227,033 units at $1,025,770 on the previous day. March closed with an average of 356,137 units at $3,015,416.
Stanley Motta led trading with 8.50 million shares for 41.8 percent of total volume, Wigton Windfarm followed with 5.35 million units for 26.3 percent of the day’s trade, Transjamaican Highway with 3.10 million stocks for 15.3 percent market share and Sagicor Select Financial Fund with 1.16 million units for 5.7 percent of total volume.
The All Jamaican Composite Index gained 2,484.10 points to 372,371.70, the JSE Main Index climbed 275.12 points to close at 331,585.25 and the JSE Financial Index increased 0.15 points to settle at 76.24.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Barita Investments declined $1.10 after ending at $78, with 51,890 shares changing hands, GraceKennedy rose $1.15 to $79 as passed 60,287 stock units through the market, JMMB Group climbed 74 cents in closing at $31.48 with swapping of 37,477 stocks, Kingston Properties shed 84 cents to end at $6.51 in an exchange of 5,231 units, Kingston Wharves advanced $1.11 to close at $32.11, with 3,358 shares crossing the market, Massy Holdings lost $3 to end at $88 after exchanging 2,776 units, NCB Financial rallied $1 in closing at $72.50 with an exchange of 21,741 stock units, Pan Jamaica Group dropped 90 cents to close at $53 after an exchange of 176,780 stocks, Sagicor Group popped $1 to $50 in an exchange of 8,988 stock units, Seprod increased $3 after ending at $70 with a transfer of 4,187 stocks,  Supreme Ventures gained 50 cents after ending at $27 with 9,242 shares crossing the exchange andWisynco Group increased 56 cents in closing at $17.34 while exchanging 20,623 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.