Trading ended on the Jamaica Stock Exchange Main Market on Wednesday with a 20 percent rise in the volume of stocks traded as the value dipped 7 percent below that on Tuesday, resulting from 52 securities trading, down from 57 on Tuesday with prices of 20 rising, 20 declining and 12 ending unchanged.
A total of 9,512,250 shares were exchanged for $94,127,743 versus 7,945,794 units at $100,709,129 on Tuesday.
Trading averaged 182,928 units at $1,810,149 compared with 139,400 shares at $1,766,827 on Tuesday and month to date an average of 148,706 units at $1,294,834 compared to 142,484 units at $1,201,140 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 3.49 million shares for 36.7 percent of total volume followed by Jamaica Broilers with 1.54 million units for 16.2 percent of the day’s trade and JMMB Group 7.5% with 1.01 million units for 10.6 percent market share.
The All Jamaican Composite Index rallied 3,460.05 points to 379,290.64, the JSE Main Index advanced 1,544.69 points to 334,462.13 and the JSE Financial Index popped 0.24 points to end at 79.30.
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 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 13 stocks ending with bids higher than their last selling prices and 7 with lower offers.
At the close, Caribbean Cement popped 50 cents to close at $59.50 after 4,816 shares passed through the market, Eppley fell 98 cents to $39 in an exchange of 248 stocks, Guardian Holdings dropped $20 to $505 with a transfer of 11,287 units. Jamaica Broilers gained 83 cents to close at $31.33 with the swapping of 1,541,933 stock units, Jamaica Producers dipped $1.72 to $20.15 after trading 7,727 units, Jamaica Stock Exchange rose 63 cents to close at $15.15 in switching ownership of 2,015 shares. Kingston Wharves shed 50 cents to finish at $31.50 with an exchange of 6,579 stock units, MPC Caribbean Clean Energy rose $11 to $86 with 17 stocks changing hands,
NCB Financial declined $3 to a 52 weeks’ low of $74 with 8,463 stock units clearing the market. Palace Amusement dropped $30 to close at $2,450 in trading 420 stocks, Proven Investments declined $2.51 to close at $26.50 with the swapping of 10,349 units, Sagicor Group rallied $4 to $53 with investors transferring 86,606 shares. Seprod fell $1.65 to end at $66.25 with a transfer of 2,886 units, Supreme Ventures rose 86 cents in closing at $26.93 after exchanging 4,917 stock units and Wisynco Group gained 48 cents in ending at $17.60 after a transfer of 219,667 shares.
In the preference segment, Productive Business 10.50% preference share dived $400 in closing at $1,100 with the swapping of 11 stocks,
Eppley 5% preference share declined $5.93 in ending at $17.01 and trading 113 shares, Jamaica Public Service 9.5% climbed $50 to settle at $3,000 as investors exchanged 34 units and JMMB Group 7% preference share shed 41 cents to close at $2.42 in an exchange of 271 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading down for JES USD market
Trading dipped on the US dollar market Jamaica Stock Exchange on Tuesday, with a 75 percent fall in the volume of stocks changing hands and leading to a 17 percent drop in value compared to Monday and resulting in nine securities traded, compared to eight on Monday with two rising, four declining and five left unchanged.
Overall, 110,724 shares were traded for US$19,925 down from 441,584 units at US$23,988 on Monday.
Trading averaged 12,303 units at US$2,214 versus 55,198 shares at US$2,999 on Monday, with a month to date average of 35,675 shares at US$2,492 compared with 42,687 units at US$2,575 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.18 points to end at 235.95.
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 no stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share remained at 7 US cents, with 1,707 shares changing hands, Productive Business Solutions dipped 1 cent to US$1.90 after trading at 20 stock units, Proven Investments lost 1.49 cents to end at 18.51 US cents in an exchange of 42,342 units.
Sterling Investments declined 0.18 of a cent to close at 1.81 US cents, with 1,500 stocks crossing the market, Sygnus Credit Investments USD share climbed 0.02 of a cent in ending at 10 US cents, with 45,232 units passing through the exchange, Sygnus Real Estate Finance USD share ended at 8.5 US cents closed after 5,949 shares changed hands and Transjamaican Highway remained at 0.97 of one US cent with 8,668 stocks clearing the market.
In the preference segment, JMMB Group 5.75% ended at US$2.01 in exchanging 1,300 stock units and JMMB Group 6% rose 8.96 cents to close at US$1.0696 while trading 4,006 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks upon JSE USD market Friday
Trading picked up steam on the Jamaica Stock Exchange US dollar market on Friday, with a 12 percent rise in the volume of stocks exchanged, leading to a 61 percent jump in value over Thursday, following trading in eight securities, compared to seven on Thursday with five rising, one declining and two ending unchanged.
Overall, 291,324 shares were exchanged for US$20,906 compared with 260,566 units at US$12,989 on Thursday.
Trading averaged 36,416 shares at US$2,613 versus 37,224 shares at US$1,856 on Thursday, with a month to date average of 38,137 shares at US$2,421 compared with 39,121 units at US$2,311 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index rose 0.51 points to 223.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.8. 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 no stock ending with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.02 of a cent to end at 7 US cents after 3,283 shares passed through the market, Proven Investments increased 0.84 of one cent in ending at 20 US cents in an exchange of 11,800 stock units, Sygnus Credit Investments USD share advanced 0.47 of a cent to 9.98 US cents after an exchange of 24,718 units.
Sygnus Real Estate Finance USD share lost 0.6 of one cent in closing at 8.9 US cents and trading 13,505 stocks and Transjamaican Highway remained at 0.92 of one US cent in an exchange of 230,000 stock units.
In the preference segment, Productive Business 9.25% preference share gained 89 cents to end at US$12 after trading 23 stocks. JMMB Group 5.75% popped 4 cents in closing at US$2.01 with investors transferring 4,215 shares and JMMB Group 6% ended at US$1 with 3,780 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market dips for a second day
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 9 percent and resulting in a 33 percent fall in the value compared to Wednesday, following trading in seven securities, compared with seven on Wednesday with one rising, three declining and three ending unchanged.
Overall, 260,566 shares were traded for US$12,989 compared with 287,125 units at US$19,364 on Wednesday.
Trading averaged 37,224 units at US$1,856 down from 41,018 shares at US$2,766 on Wednesday, with month to date average of 39,121 shares at US$2,311. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index slipped 0.54 points to end at 222.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 four 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 dropped 0.02 of a cent in ending at 6.98 US cents after 35,761 shares were traded,
Proven Investments lost 0.84 of a cent to end at 19.16 US cents while exchanging 16,700 stock units, Sterling Investments popped 0.18 of a cent in closing at 1.99 US cents as 494 stocks passed through the market. Sygnus Credit Investments USD share ended at 9.51 US cents 16,850 units crossing the market and Transjamaican Highway remained at 0.92 of one US cent with investors exchanging 187,273 stocks.
In the preference segment, Equityline Mortgage Investment preference share fell 3 cents to US$1.64 after a transfer of 488 units and JMMB Group 6% ended at US$1 trading 3,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday from Tuesday’s levels with a 74 percent fall in the volume of stocks changing hands with the value declining 48 percent from Tuesday’s level with trading in seven securities compared to eight on Tuesday with the price of one rising, two declining and four ending unchanged.
Overall, 287,125 shares were traded for US$19,364 down from 1,121,685 units at US$37,070 on Tuesday.
Trading averaged 41,018 units at US$2,766 versus 140,211 shares at US$4,634 on Tuesday. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.96 points to end at 223.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 remained at 7 US cents as investors exchanged 19,429 shares, Margaritaville dipped 0.07 of a cent ending at 14.1 US cents with two stocks crossing the exchange,
Proven Investments ended at 20 US cents after 11,350 units were traded. Sterling Investments popped 0.01 of a cent to close at 1.81 US cents with 63,007 stock units changing hands, Sygnus Credit Investments USD share ended at 9.51 US cents after exchanging 12,385 stock units and Transjamaican Highway lost 0.07 of a cent to 0.92 of one US cent while exchanging 169,103 units.
In the preference segment, JMMB Group 6% ended at US$1 after trading 11,849 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 7,945,794 shares were exchanged for $100,709,129 compared to 9,434,901 units at $32,400,825 on Monday.
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 incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Kingston Wharves dipped $1 in closing at $32 after 3,129 shares passed through the market, Mayberry Investments lost 40 cents to end at $8.10 after exchanging 39,563 stocks, MPC Caribbean Clean Energy dropped $23 to end at $75 with a transfer of 75 units. NCB Financial rallied $2 in closing at $77 as investors exchanged 23,990 shares after the price hit a new one year low of $72, 138 Student Living gained 55 cents to settle at $5.70 with the swapping of 1,123 stocks, Palace Amusement popped $31 to close at $2,480 with 409 stock units changing hands. Portland JSX shed $1.54 to settle at $10 with 512 units clearing the market, Proven Investments lost 49 cents in ending at $29.01 with investors transferring 3,048 units, Sagicor Group fell $1.96 to end at $49, trading 73,873 shares. Scotia Group rose 69 cents to close at $33.79 in exchanging 191,619 stocks, Seprod advanced $2.40 to $67.90 after trading 100 stock units, Supreme Ventures lost 43 cents to close at $26.07 in switching ownership of 38,042 shares and Sygnus Credit Investments rose $1.10 to $12.99 with the swapping of 33,048 stock units.
In the preference segment, JMMB Group 7% preference share gained 42 cents in closing at $2.83 with a transfer of 3,904 stocks and 138 Student Living preference share advanced $2.50 to close at a record high of $78 in trading 1,024 units.
A total of 9,434,901 shares were exchanged for $32,400,825 versus 8,306,314 units at $100,793,32 on Friday.
The All Jamaican Composite Index dropped 2,647.57 points to 378,389.01, the JSE Main Index fell 2,561.70 points to end at 335,233.87 and the JSE Financial Index lost 0.99 points to settle at 79.70.
GraceKennedy shed $1.70 in ending at $77.10 in switching ownership of 30,914 units, Jamaica Producers fell $1.90 to $20 in exchanging 61,707 stocks. JMMB Group declined $2.97 in closing at $31.50 with the swapping of 28,300 shares, Kingston Wharves shed $2 to end at $33 as investors exchanged 14,071 stock units, Massy Holdings fell $1 to close at $79 with a transfer of 171 units. NCB Financial shed $2 to end at a 52 weeks’ low of $75 after 51,005 stocks cleared the market, 138 Student Living dipped 41 cents to end at $5.15 in exchanging 24,651 stock units, Palace Amusement climbed $49.01 to $2,449 in switching ownership of 929 shares. Proven Investments lost 50 cents to end at $29.50 after an exchange of 691 stock units, Scotia Group shed $1.40 to close at $33.10 after trading 16,328 units, Seprod gained 50 cents in closing at $65.50 with investors transferring 19,541 stocks. Supreme Ventures advanced $1.50 to $26.50 after trading 17,652 shares and Sygnus Credit Investments fell $1.11 to end at $11.89 with an exchange of 59,284 shares.
In the preference segment, Productive Business 10.50% preference share popped $250 to a 52 weeks’ high of $1,500 with 336 stock units changing hands. Eppley 5% preference share rallied 94 cents to close at $22.94 after 11 stocks crossed the market, Eppley 7.25% preference share declined $3.31 in ending at $18.79 after exchanging 2,427 units, Jamaica Public Service 9.5% dropped $42 to $2,950 trading 142 stocks. JMMB Group 7% preference share lost 43 cents to end at $2.41 as 444 shares passed through the market and JMMB Group 7.25% preference share dipped 47 cents to $3.11 with a transfer of 2,000 stock units but after it traded at a 52 weeks’ intraday high of $3.94.
A total of 8,306,314 shares were traded for $100,793,237 compared to 5,605,407 units at $34,963,663 on Thursday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.7 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with financial year ends between November 2022 and August 2023.
Massy Holdings climbed $1.39 to close at $80 after 699,277 stock units crossed the market. Mayberry Investments rose 76 cents to $8.77 after a transfer of 101 units, Mayberry Jamaican Equities advanced $1.81 to close at $12.91 in an exchange of 1,055 shares, MPC Caribbean Clean Energy climbed $5.69 to $98 after trading one stock. NCB Financial declined $3 to a 52 weeks’ low of $77 after 122,024 units passed through the market, following the release of first quarter results to December with lower profit before other comprehensive income. 138 Student Living shed 44 cents in ending at $5.56 after 2,450 shares were traded, Palace Amusement climbed $201.99 in closing at $2,399.99 after switching ownership of 375 stocks. Sagicor Group rallied $2 to settle at $51 with the swapping of 25,843 stock units, Scotia Group lost 40 cents to finish at $34.50 as investors exchanged 353,714 units, Seprod dipped $1 to end at $65 in transferring 3,550 shares and Supreme Ventures shed 50 cents to close at $25 after 117,645 stock units cleared the market.
In the preference segment, Productive Business 10.50% preference share popped $150 after ending at a 52 weeks’ high of $1,250 with 30 stocks changing hands, Jamaica Public Service 7% gained 50 cents in closing at a record high of $6 in exchanging 128 shares and 138 Student Living preference share rose $1.50 to $75.50 with investors transferring 516 units.
A total of 5,605,407 shares were exchanged for $34,963,663 versus 9,458,006 units at $74,659,322 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 their financial year ends between November 2022 and August 2023.
Kingston Properties rallied 44 cents to $6.99 after 395 stocks cleared the market, Kingston Wharves dipped $1 to $34 trading 10,600 stock units. Massy Holdings declined $1.39 in closing at $78.61 after switching ownership of 5,190 units, Mayberry Investments shed 76 cents to end at $8.01 with investors transferring 723 shares, Mayberry Jamaican Equities declined $1.83 to close at $11.10 after 94,250 stocks passed through the market. NCB Financial advanced $2.50 in closing at $80 in transferring 15,495 units, 138 Student Living popped $1 to $6 with 197,838 shares changing hands, Palace Amusement climbed $8 in ending at $2,198 with a transfer of 667 stocks. Sagicor Group gained 40 cents to settle at $49 trading 2,252 stock units,
Sterling Investments lost 40 cents to close at $2.60 with the swapping of 10,000 shares and Supreme Ventures shed 60 cents to end at $25.50 after an exchange of 91,761 units.
A total of 9,458,006 shares were traded for $74,659,322 down from 16,071,684 units at $99,612,685 on Tuesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasts by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Kingston Properties fell $1 to $6.55 after a transfer of 14,251 stocks. Margaritaville fell 95 cents to close at $22 with an exchange of 200 stock units, Mayberry Investments rose 80 cents to $8.77 in trading 29,833 shares, Mayberry Jamaican Equities advanced 93 cents to close at $12.93 with 1,840 units changing hands. MPC Caribbean Clean Energy climbed $8.31 to end at $92.31, with 42 stocks clearing the market, NCB Financial declined $1.25 in closing at a 52 weeks’ low of $77.50 in switching ownership of 52,385 stock units, Palace Amusement dropped $290 in ending at $2,190 trading 824 shares. Proven Investments dipped $1.77 to $30 after a transfer of 10,369 units, Sagicor Group declined $5.39 to end at $48.60 after trading 4,020 units, Seprod shed $3 to close at $66 with the swapping of 18,765 shares. Stanley Motta lost 44 cents in ending at $5.25 with investors transferring 10,687 stock units,
Supreme Ventures dipped 88 cents to $26.10 with 42,297 stocks changing hands and Sygnus Real Estate Finance rallied 96 cents to close at $10.46 in trading one stock unit.