The Jamaica Stock Exchange Main Market closed on Wednesday with a 151 percent rise in the volume of stocks traded, valued 207 percent more than on Tuesday, following trading in 59 securities compared to 53 on Tuesday, and leading to prices of 20 rising, 25 declining and 14 ending unchanged.
A total of 13,423,503 shares were exchanged for $91,730,395 versus 5,344,520 units at $29,834,911 on Tuesday.
Trading averaged 227,517 units at $1,554,752 up from 100,840 shares at $562,923 on Tuesday and month to date, an average of 178,757 units at $2,116,105 compared with 173,546 units at $2,176,105 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Stanley Motta led trading with 3.13 million shares for 23.3 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 3.02 million units for 22.5 percent of the day’s trade, Sagicor Select Financial Fund with 1.91 million units for 14.3 percent market share, Wigton Windfarm with 1.48 million units for 11 percent and Jamaica Broilers with 1.17 million units for 8.7 percent market share.
The All Jamaican Composite Index dived 4,989.03 points to 376,426.75, the JSE Main Index fell 3,607.32 points to 333,129.98 and the JSE Financial Index shed 1.42 points to end at 79.20.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Berger Paints fell $1.79 in closing at a 52 weeks’ low of $7.51 with 1,606 shares clearing the market, Caribbean Cement dipped 49 cents to t $57.01 with investors transferring 32,236 stock units, Jamaica Broilers declined $3 to $30 after trading 1,166,690 stocks but only after trading at an intraday high of $34.
Jamaica Producers rose $1.85 to end at $21.85 after exchanging 24,713 units, Jamaica Stock Exchange shed 90 cents in ending at $14 with a transfer of 40,399 stocks, JMMB Group fell $1.80 to close at a 52 weeks’ low of $30.70 in switching ownership of 70,187 units. Mayberry Investments lost 49 cents to end at $7.81 with 15,904 stock units changing hands, NCB Financial declined $3.30 to finish at $75 as investors exchanged 17,727 shares, Palace Amusement advanced $39 in closing at $2,439 with the swapping of 235 stock units. Scotia Group fell $1.72 to $32.78 exchanging 25,898 shares, Seprod gained $1.50 to settle at $67 in trading 4,464 stocks, Sygnus Real Estate Finance rallied 95 cents to close at $10 in an exchange of 200 units and Victoria Mutual Investments lost 40 cents to end at $4 in switching ownership of 162,668 units.
In the preference segment, Eppley 5% preference share popped $4.78 ending at $22 with 33 stock units crossing the market and JMMB Group 7.25% preference share rose 47 cents in closing at $3.58 with an exchange of 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jolt to JSE USD Market
A sharp push was given to the Jamaica Stock Exchange US dollar market on Tuesday, even as the volume of stocks changing hands declined 94 percent as the value rose 17 percent over Monday, resulting in 10 securities traded, compared to six on Monday and ended with five rising, one declining and four ending unchanged as the JSE USD Equities Index surged 19.96 points to end at 250.48.
Overall, just 12,060 shares were traded for US$7,847 compared to 189,439 units at US$6,710 on Monday.
Trading averaged 1,206 units at US$785, compared to 31,573 shares at US$1,118 on Monday, with a month to date average of 39,113 shares at US$2,107 compared with 45,431 units at US$2,327 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 bids higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.48 of a cent in closing at 7.48 US cents with investors transferring 347 shares, Margaritaville popped 2.98 cents to close at 12.99 US cents with 30 units changing hands, Productive Business Solutions advanced 30 cents to end at US$2.20 after trading two stocks.
Proven Investments rallied 0.46 of a cent to 18.99 US cents after exchanging 4,680 stock units, Sterling Investments ended at 1.99 US cents in trading 196 shares, Sygnus Credit Investments USD share remained at 10 US cents, with 167 stocks crossing the market and Sygnus Real Estate Finance USD share remained at 8.5 US cents and closed with 1,526 stock units changing hands.
In the preference segment, Productive Business 9.25% preference share shed 89 cents to close at US$11.11 in an exchange of 161 units, after trading at an intraday 52 weeks’ high of US$14.10, Equityline Mortgage Investment preference share ended at US$1.64 with the transfer of one stock and JMMB Group 6% climbed 1.98 cents in closing at US$1 in switching ownership of 4,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 151 percent rise in the volume of stocks changing hands, valued being 37 percent less than on Friday, resulting from trading in six securities, compared to three on Friday, with two rising, three declining and one ending unchanged.
Overall, 189,439 shares were traded for US$6,710 compared to 75,479 units at US$10,720 on Friday.
Trading averaged 31,573 shares at US$1,118 compared with 25,160 units at US$3,573 on Friday, with a month to date average of 45,431 shares at US$2,327 compared with 46,970 units at US$2,461 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index fell 2.11 points to 230.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 one with a lower offer.
At the close, First Rock Real Estate USD share shed 0.39 of a cent to end at 7 US cents with 404 shares crossing the market, Proven Investments lost 0.47 of one cent to end at 18.53 US cents with an exchange of 8,952 stock units,
Sygnus Credit Investments USD share rallied 0.48 of one cent in closing at 10 US cents as 28,037 stocks passed through the market and Transjamaican Highway rose 0.07 of a cent to 0.97 of one US cent after exchanging 151,900 units.
In the preference segment, Productive Business 9.25% preference share remained at US$12 with a transfer of 76 units and JMMB Group 6% fell 8.94 cents in closing at 98.02 US cents with 70 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading fell on the Jamaica Stock Exchange US dollar market on Friday, with a 90 percent fall in the volume of stocks changing hands with the value down 48 percent lower than on Thursday, resulting in only three securities trading compared to six on Thursday with two rising, no declining and one ending unchanged.
Overall, 75,479 shares were traded for US$10,720 compared with 768,092 units at US$20,748 on Thursday.
Trading averaged 25,160 units at US$3,573 versus 128,015 shares at US$3,458 on Thursday, with a month to date average of 46,970 shares at US$2,461 compared with 48,253 units at US$2,396 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index advanced 1.00 points to end at 232.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed to include the last traded stock price and earnings per share projected ICInsider.com for companies with financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments climbed 0.47 of a cent in closing at 19 US cents after 38,351 shares were traded, Sygnus Credit Investments USD share gained 0.01 of a cent to close at 9.52 US cents with 20,400 stocks changing hands and Sygnus Real Estate Finance USD share remained at 8.5 US cents after investors traded 16,728 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 155 percent and valued 385 percent more than on Wednesday, resulting in six securities traded, which is similar to that on Wednesday with two rising, three declining and one ending unchanged.
Overall, 768,092 shares were exchanged for US$20,748 compared with 301,506 units at US$4,280 on Wednesday.
Trading averaged 128,015 units at US$3,458, versus 50,251 shares at US$713 on Wednesday, with month to date average of 48,253 shares at US$2,396 compared with 37,618 units at US$2,255 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.15 points to end at 231.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. 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 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 rose 0.39 of a cent to 7.39 US cents after trading 1,010 shares,
Proven Investments declined 0.46 of a cent to close at 18.53 US after trading 1,780 stock units, Sterling Investments climbed 0.18 of a cent in closing at 1.99 US cents with an exchange of 9,531 stocks. Sygnus Credit Investments USD share ended at 9.51 US cents after investors exchanged 40,960 units and Transjamaican Highway dropped 0.06 of a cent after ending at 0.9 of one US cent after a transfer of 709,811 stocks.
In the preference segment, JMMB Group 5.75% fell 4 cents to end at US$1.97 with a transfer of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pull back for JSE USD Market
Trading on Wednesday ended with a 172 percent jump in the volume of stocks changing hands even as the value fell by 79 percent below Tuesday’s level on the Jamaica Stock Exchange US dollar market and resulted in six securities traded, down from nine on Tuesday with one rising, three declining and two ending unchanged.
Overall, 301,506 shares were traded for US$4,280 compared to 110,724 units at US$19,925 on Tuesday.
Trading averaged 50,251 units at US$713 versus 12,303 shares at US$2,214 on Tuesday, with a month to date average of 37,618 shares at US$2,255 compared with 35,675 units at US$2,492 on the previous day. January ended with an average of 48,604 units for US$4,865. The JSE USD Equities Index fell 3.17 points to end at 232.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 one stock with a lower offer.
At the close, Margaritaville shed 2.99 cents in closing at 10.01 US cents in an exchange of 1,306 shares,
Proven Investments rose 0.48 of a cent to close at 18.99 US cents after a transfer of 3,524 stocks, Sygnus Credit Investments USD share fell 0.49 of a cent to end at 9.51 US cents, with 7,600 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents trading 1,166 units and Transjamaican Highway dipped 0.01 of a cent, ending at 0.96 of one US cent while exchanging 287,907 units.
In the preference segment, JMMB Group 5.75% remained at US$1.7365 in switching ownership of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 5,344,520 shares were exchanged for a mere $29,834,911 compared with 11,450,226 units at $243,197,157 on Monday.
The PE Ratio, a formula 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 rallied 50 cents to $32.50 with 43,177 shares crossing the exchange. Palace Amusement climbed $75 to $2,400 in transferring 61 stock units, Sagicor Group lost 40 cents to settle at $53.10 after 14,875 stocks changed hands, Scotia Group advanced 50 cents to $34.50 with the swapping of 9,074 shares. Seprod gained 50 cents to close at $65.50 after investors traded 12,402 stocks, Stanley Motta dipped 51 cents to end at $4.31 closed with 1,888 stock units changing hands and Wisynco Group gained 53 cents in closing at $17.78 in switching ownership of 115,243 units.
In the preference segment, Eppley 7.75% preference share advanced $2 to close at $20 as investors exchanged 55 shares.
A total of 11,450,226 shares were traded for $243,197,157 versus 11,840,614 units at $92,145,603 on Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14 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.
NCB Financial rose $3 to close at $78 after a transfer of 4,277 shares, 138 Student Living lost 49 cents to settle at $4.51 after 3,019 stock units passed through the market, Palace Amusement climbed $22.90 to $2,325 in switching ownership of 64 units. Proven Investments fell $1.30 in closing at $28 after trading 1,130 stock units, Sagicor Group gained 50 cents to end at $53.50 with investors transferring 1,645 stocks, Scotia Group dipped 85 cents in closing at $34 with an exchange of 4,131,234 shares. Seprod rose $1 to end at $65 with the swapping of 7,501 stock units, Stanley Motta rallied 52 cents to close at $4.82 after an exchange of 4,980 units, Supreme Ventures shed 51 cents in ending at $26.49 in transferring 365,798 stocks. Sygnus Credit Investments USD share gained $1.90 to finish at $20.90 after clearing the market with 12 shares, Sygnus Real Estate Finance lost 43 cents in closing at $9.07 as investors traded 1,000 shares,
Wisynco Group fell 73 cents to $17.25 with the swapping of 320,246 units.
A total of 11,840,614 shares were traded for $92,145,603 compared to 16,899,213 units at $398,378,363 on Thursday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded price and earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Jamaica Broilers gained 50 cents in closing at a 52 weeks’ high of $32.50 after 946,442 stocks passed through the market. Jamaica Producers fell $1 in ending at $20 after trading 32,439 stock units, JMMB Group popped 45 cents to close at $33.40 with investors transferring 83,865 units, Kingston Properties shed 50 cents to finish at $6.60 in an exchange of 147,000 units. Mayberry Jamaican Equities rose 99 cents to end at $12.39 in switching ownership of 49,660 stocks, NCB Financial declined $1 in closing at $75 with the swapping of 27,651 stock units, Palace Amusement dropped $185.90 to close at $2,302.10 while trading 549 shares. Seprod dipped $1.20 to end at $64 with an exchange of 25,136 units, Stanley Motta fell 93 cents to settle at $4.30 with 47,129 shares changing hands, Supreme Ventures rose $1 to $27 in an exchange of 25,496 stock units.
Sygnus Real Estate Finance shed 50 cents to end at $9.50 after 1,100 stocks cleared the market and Wisynco Group popped 78 cents in closing at $17.98 in a transfer of 325,355 units.
A total of 16,899,213 shares were exchanged for $398,378,363 versus 9,512,250 units at $94,127,743 on Wednesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.3 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.
Jamaica Stock Exchange shed 65 cents to end at $14.50 in exchanging 2,345 units, JMMB Group fell 95 cents to $32.95 in switching ownership of 6,127 shares, Massy Holdings gained $1 to close at $80 as investors traded 848,567 shares. Mayberry Jamaican Equities lost $1 in ending at $11.40 with the swapping of 1,344 stock units, NCB Financial popped $2 to finish at $76 in an exchange of 20,998 units, 138 Student Living lost 72 cents to end at $5 in switching ownership of 103,573 stocks. Palace Amusement climbed $38 in closing at $2,488 after 272 shares passed through the market, Portland JSX shed $1 after ending at $9 as investors traded 299,950 stock units, Proven Investments advanced $2.80 to $29.30 in trading 6,447 stocks. Scotia Group rose 89 cents to $34.89 with an exchange of 41,685 units, Seprod fell $1.05 to end at $65.20 with investors transferring 6,225 shares, Supreme Ventures declined 93 cents in closing at $26 with the swapping of 101,847 units. Sygnus Credit Investments dipped $1.02 to t $11.96 after an exchange of 8,965 stocks,
Sygnus Real Estate Finance shed 45 cents in ending at $10 with a transfer of 100 stock units and Wisynco Group dipped 40 cents to close at $17.20 as investors switched ownership of 39,946 stock units.