Trading dropped on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands declining 85 percent, valued 91 percent lower than on Tuesday, resulting in seven securities traded, compared to five on Tuesday with three rising, two declining and two ending unchanged.
A total of 15,447 shares were traded for US$1,416, down from 106,437 units at US$16,273 on Tuesday.
Trading averaged 2,207 units at US$202 down from 21,287 shares at US$3,255 on Tuesday, with a month to date average of 42,410 shares at US$2,109 compared to 45,116 units at US$2,237 on the previous day. January closed with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 0.09 points to end at 249.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, Margaritaville ended at 12.5 US cents as investors exchanged 955 shares, Proven Investments rose 0.1 of a cent to 19 US cents, with 5,014 units crossing the market, Sterling Investments increased 0.25 of one cent in closing at 2 US cents after a transfer of 5,559 stock units.
Sygnus Credit Investments USD share dropped 0.4 of a cent after ending at 9.6 US cents and exchanging 900 stocks and Transjamaican Highway lost 0.01 of one cent to end at 0.94 of one US cent with a transfer of 3,000 shares.
In the preference segment, Productive Business 9.25% preference share closed at US$12 with 9 stocks crossing the exchange and Eppley 6% preference share rallied 5 cents to US$1.15 while exchanging 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Low-keyed JSE USD trading
Trading closed mixed on the Jamaica Stock Exchange US dollar market on Tuesday, resulting from a 39 percent fall in the volume of stocks changing hands, but with 169 percent greater value than on Monday, after trading in five securities, compared with seven on Monday with three rising, one declining and one ending unchanged.
Investors traded 106,437 shares for US$16,273 compared to 175,300 units at US$6,059 on Monday.
Trading averaged 21,287 shares at US$3,255 versus 25,043 stock units at US$866 on Monday, with a month to date average of 45,116 shares at US$2,237 compared with 46,320 units at US$2,186 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.81 points to end at 249.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share shed 1 cent to close at 6 US cents in swapping of 3,375 shares,
Proven Investments rose 0.38 of a cent to 18.9 US cents after an exchange of 79,269 stocks, Sygnus Credit Investments USD share ended at 10 US cents, with 9,730 stocks changing hands and Transjamaican Highway popped 0.01 of a cent in ending at 0.95 of one US cent in trading 14,055 units.
In the preference segment, Productive Business Solutions 9.25% preference share rallied 99 cents to close at US$12 after eight stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks fall but trading picks up
Trading picked up on the Jamaica Stock Exchange US dollar market on Monday, with an increase of 174 percent in the volume of stocks changing hands and a 223 percent rise in the value than on Friday, resulting in the trading of seven securities compared to nine on Friday with one rising, six declining.
Overall, 175,300 shares were traded for US$6,059 compared to 64,058 units at US$1,876 on Friday.
Trading averaged 25,043 units at US$866 versus 7,118 shares at US$208 on Friday, with a month to date average of 46,320 shares at US$2,186 compared with 47,938 units at US$2,287 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 2.67 points to end at 250.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed using ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three with lower offers.
At the close, Margaritaville fell 0.49 of a cent in closing at 12.5 US cents in trading 404 shares,
MPC Caribbean Clean Energy shed 1 cent to end at 58 US cents in switching ownership of 1,277 units, Proven Investments declined 0.48 of a cent to 18.52 US cents, with 18,014 stocks crossing the market. Sygnus Credit Investments J$ share dipped 1.79 cents to close at 10.21 US cents after exchanging 820 stock units, Sygnus Credit Investments USD share advanced 0.5 of a cent in ending at 10 US cents, with 2,754 units clearing the market and Transjamaican Highway dropped 0.02 of a cent to 0.94 of one US cent after 152,000 stocks passed through the market.
In the preference segment, JMMB Group 5.75% lost 1 cent to end at US$2 after a transfer of 31 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD market Friday
Stock prices mostly rose at the close of trading on the Jamaica Stock Exchange US dollar market on Friday, with a 96 percent decline in the volume of stocks changing hands at a 95 percent lower value than Thursday, resulting in the trading of nine securities, compared to seven on Thursday with five rising, two declining and two ending unchanged.
Overall, 64,058 shares were traded for US$1,876, down sharply from 1,504,788 units at US$39,276 on Thursday.
Trading averaged 7,118 shares at US$208, down from 214,970 shares at US$5,611 on Thursday, with a month to date average of 47,938 shares at US$2,287 compared with 52,365 units at US$2,512 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.05 points to end at 252.75.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share gained 1 cent to end at 7 US cents after an exchange of 1,000 shares, Proven Investments shed 0.87 of one cent to 19 US cents trading 150 stocks,
Sygnus Credit Investments USD share declined 0.5 of a cent to 9.5 US cents, with 11,000 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents in an exchange of 3 units and Transjamaican Highway advanced 0.09 of a cent in ending at 0.96 of one US cent with an exchange of 51,874 shares.
In the preference segment, Productive Business 9.25% preference share rose 1 cent ending at US$11.01 with 20 units clearing the market. Equityline Mortgage Investment preference share ended at US$1.64 after exchanging three stocks, JMMB Group 5.75% climbed 1 cent to close at US$2.01 in exchanging one stock unit and JMMB Group 6% rallied 6.97 cents to US$1.0697 after a transfer of 7 units.
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 Thursday, with the volume of stocks changing hands surging 1,353 percent, valued 81 percent more than on Wednesday, resulting in trading in seven securities, compared to six on Wednesday with one rising, four declining and two ending unchanged.
A total of 1,504,788 shares were traded for US$39,276 up from 103,587 units at US$21,729 on Wednesday.
Trading averaged 214,970 units at US$5,611, versus 17,265 shares at US$3,622 on Wednesday, with a month to date average of 52,365 shares at US$2,512 up from 37,388 units at US$2,226 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 3.67 points to end at 253.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share fell 1 cent to 6 US cents in switching ownership of 475,000 shares,
Proven Investments popped 0.87 of one cent to 19.87 US cents with investors transferring 1,139 stock units, Sterling Investments shed 0.24 of a cent to end at 1.75 US cents with 2,673 units crossing the exchange. Sygnus Credit Investments USD share remained at 10 US cents with 692 stocks changing hands, Sygnus Real Estate Finance USD share ended at 8.5 US cents in exchanging 1,166 stock units and Transjamaican Highway declined 0.1 of a cent to end at 0.87 of one US cents after exchanging 1,024,114 units.
In the preference segment, Productive Business 9.25% preference share lost 11 cents in closing at US$11 after a transfer of 4 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs in JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 759 percent with a 177 percent higher value than on Tuesday, resulting in six securities traded, compared to 10 on Tuesday with two rising, two declining and two ending unchanged.
A total of 103,587 shares were exchanged for US$21,729 compared to 12,060 units at US$7,847 on Tuesday.
Trading averaged 17,265 units at US$3,622, compared with 1,206 shares at US$785 on Tuesday, with a month to date average of 37,388 shares at US$2,226 compared with 39,113 units at US$2,107 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.35 points to end at 250.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, First Rock Real Estate USD share dropped 0.48 of a cent after ending at 7 US cents as 6,000 shares were traded,
Proven Investments added 0.01 of a cent to close at 19 US cents after exchanging 93,977 stock units, Sygnus Credit Investments USD share ended at 10 US cents with the swapping of 337 stocks.
In the preference segment, Eppley 6% preference share lost 5 cents in closing at US$1.10 with a transfer of 84 units, JMMB Group 5.75% popped 3 cents to end at US$2, with 139 shares crossing the market and JMMB Group 6% remained at US$1, with 3,050 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors traded 20,246,503 shares for $297,780,461 up from 14,762,179 units at $69,659,072 on Monday.
the JSE Main Index dropped 105.61 points to settle at 332,427.42 and the JSE Financial Index lost 0.06 points to close at 79.33.
Jamaica Producers gained $1.65 in ending at $21.85 with the swapping of 14,000 stock units, Kingston Wharves rose $1.49 to close at $31.99 with seven shares changing hands. Mayberry Jamaican Equities fell 79 cents to end at $11.21 in switching ownership of 4,264 stocks, NCB Financial dipped 49 cents to close at $77.50 with the exchange of 15,205 units, Palace Amusement lost $1 in closing at $2,699 with a transfer of 439 stocks. Portland JSX rose 90 cents to $10.90 after an exchange of 17,347 shares, Proven Investments declined $1.22 in closing at $28 as investors traded 14,642 units, Sagicor Group shed 50 cents to $52.50, with 14,971 stock units crossing the market. Scotia Group advanced $1.75 to $34 with an exchange of 307,103 stocks, Sterling Investments popped 44 cents to close at $2.90 after trading 79,998 shares, Supreme Ventures gained 80 cents to finish at $26 after 32,071 units passed through the market and Wisynco Group popped 89 cents to end at $17.50 as investors exchanged 2,495,740 stock units.
In the preference segment, Productive Business 10.50% preference share climbed $50 in ending at $1,200 after a transfer of 240 stock units, Jamaica Public Service 7% advanced $2 to close at a 52 weeks’ high of $12 with 2,000 stocks changing hands and 138 Student Living preference share rallied $6 to $76 in an exchange of 33 units.
A total of 14,762,179 shares were traded for $69,659,072 compared to 6,585,063 units at $45,380,317 on Friday.
The All Jamaican Composite Index climbed 2,961.53 points to 375,485.96, the JSE Main Index rallied 2,287.99 points to 332,533.03 and the JSE Financial Index gained 1.18 points to close at 79.39.
Kingston Wharves shed $1.47 to end at $30.50 after investors transferred 35,439 stock units. Margaritaville dropped $3.70 in closing at $19.20 with 244 stocks changing hands, MPC Caribbean Clean Energy dipped $2 to $62 after swapping 1,611 shares, Portland JSX advanced 89 cents to $10 with a transfer of 10 stock units. Sagicor Group rallied $1.50 to $53 with the swapping of 51,666 shares, Salada Foods fell 38 cents to close at a multiyear low of $3.51 after an exchange of 2,875 shares. Scotia Group lost 70 cents to settle at $32.25 after 336,678 stocks passed through the market, Seprod popped 50 cents to $66 after an exchange of 8,856 units, Sterling Investments lost 44 cents to settle at $2.46 in switching ownership of 90,858 units and Wisynco Group shed 63 cents to close at $16.61 with 605,928 stock units clearing the market.
Jamaica Public Service 7% rose $1.50 to end at a 52 weeks’ high of $10 with 4,442 shares changing hands, 138 Student Living preference share declined $7.99 to close at $70 after trading 303 shares and Productive Business Solutions 9.75% preference share gained $1 to finish at $107 after investors exchanged 86 stocks.
Trading ended with two stocks in the preference segment hitting new 52 weeks’ highs and three ordinary shares hitting 52 weeks’ lows.
The All Jamaican Composite Index plunged 6,402.06 points to end at 372,524.43, some 6 percent lower than at the start of the year, the JSE Main Index dropped 4,529.20 points to 330,245.04, to be down 5.9 percent for the year to date and the JSE Financial Index dipped 1.40 points to close at 78.21 with a loss of 7.3 percent year to date.
Caribbean Cement fell $1.23 to end at $56.77 with the swapping of 7,685 stock units. Eppley popped 41 cents to $37.90 after trading five units, GraceKennedy shed $2.60 in closing at $76.40 with 41,276 stocks changing hands, Guardian Holdings rallied $7 in closing at $513 in switching ownership of 17,101 shares. Jamaica Broilers rose $1.93 to $33.90 with investors transferring 119,956 stock units, JMMB Group lost $1.50 to $30.80 after 48,007 units passed through the market, Mayberry Investments gained 54 cents in ending at $8.54 after an exchange of 35,199 shares. MPC Caribbean Clean Energy declined $6 to close at a 52 weeks’ low of $64 with the swapping of 2,948 stock units, Palace Amusement dropped $179 in closing at $2,700 in an exchange of 671 units, Proven Investments rose $1.65 to end at $29.20 in trading 1,138 stocks. Sagicor Group dipped $1.50 to $51.50 with 26,466 units changing hands, Salada Foods lost 6 cents to end at a 52 weeks’ low of $3.89 after trading 13,991 shares, Scotia Group shed $1.05 to close at $32.95 as investors exchanged 40,352 stock units, Seprod fell $1.50 in ending at $65.50 after trading 35,293 shares. Stanley Motta gained 90 cents to end at $5.40 with 76,722 stocks clearing the market and Supreme Ventures lost 60 cents in ending at $25.50 after an exchange of 44,939 units.
In the preference segment, Eppley 5% preference share popped 94 cents to close at $22.94 after crossing the exchange with 11 shares. Jamaica Public Service 7% gained 50 cents to settle at a 52 weeks’ high of $8.50 in exchanging 546 stocks, JMMBG7.25C – 2025 climbed 39 cents to close at a 52 weeks’ high of $4.33 after an exchange of 694 shares, JMMB Group 7.15% – 2028 popped 49 cents in closing at $3 in switching ownership of one stock unit and 138 Student Living preference share rallied $5.99 to $77.99 with the swapping of 38 stock units.
A total of 6,869,971 shares were traded for $71,142,724 compared to 13,423,503 units at $91,730,395 on Wednesday.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
JMMB Group advanced $1.60 to $32.30 in switching ownership of 8,541 stocks, Kingston Properties rose 40 cents to $7.40 in exchanging 135,083 units. MPC Caribbean Clean Energy fell $1 to end at $70 with an exchange of 200 shares, NCB Financial advanced $3 to $78 in trading 16,948 stocks, Palace Amusement popped $440 to $2,879 with a transfer of 492 stock units. PanJam Investment fell 60 cents to close at $56.50 with an exchange of 1,120 stocks, Proven Investments lost 45 cents to end at $27.55 as investors swapped 6,091 stock units, Scotia Group rallied $1.22 in closing at $34 with 25,491 shares changing hands. Stanley Motta popped 50 cents to end at $4.50 after 61,156 units crossed the exchange, Supreme Ventures lost 40 cents in closing at $26.10 with investors transferring 14,531 units and Wisynco Group dipped 40 cents to $17.50 trading 353,875 shares.
JMMB Group 7.15% – 2028 lost 49 cents in closing at $2.51 in switching ownership of 20,011 units, 138 Student Living preference share dropped $6 to settle at $72 after a transfer of 53 stocks and Productive Business Solutions 9.75% preference share dipped $1 to close at $106 with 18 shares changing hands.