Stocks mostly declined in Main Market activity on the Jamaica Stock Exchange on Tuesday, after the volume of stocks traded declined 4 percent but with an 83 percent greater value than on Monday, with 56 securities trading down from 57 on Monday, and ended with 16 rising, 28 declining and 12 ending unchanged.
A total of 15,475,658 shares were traded for $123,996,797 versus 16,146,320 units at $67,828,590 on Monday.
Trading averages 276,351 units at $2,214,229 versus 283,269 shares at $1,189,975 on Monday and month to date, an average of 208,638 units at $1,287,544 versus 194,849 units at $1,098,838 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Transjamaican Highway led trading with 5.53 million shares for 35.7 percent of total volume followed by Radio Jamaica with 2.51 million units for 16.3 percent of the day’s trade, Pulse Investments with 2.05 million units for 13.3 percent market share and Wisynco Group with 1.25 million units for 8 percent market share.
The All Jamaican Composite Index dropped 3,612.99 points to 393,037.27, the JSE Main Index shed 1,329.63 points to end at 345,693.08 and the JSE Financial Index dipped 0.67 points to settle at 82.69.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.3 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 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, Barita Investments fell $2.80 to 91.98 after trading 15,982 stocks, Caribbean Cement shed $4 to end at $57.50, with 6,138 stock units crossing the market. Eppley Caribbean Property Fund declined $1.70 in closing at $38.30 after exchanging 560 units, First Rock Real Estate fell 87 cents to $13.55 clearing the market with 7,625 stock units, GraceKennedy dipped $1.60 to $85.40 in trading 31,476 units. Guardian Holdings climbed $28.97 to end at $524.99 with an exchange of 5 shares, Jamaica Broilers increased 50 cents to $28.50 as investors exchanged 538,867 stocks, Kingston Wharves dipped $1.25 to close at $36.25 while exchanging 2,236 shares. Massy Holdings lost $4.99 in closing at $74.01 after trading 301,694 stocks, NCB Financial declined $2 to close at $83 with 193,074 units changing hands, PanJam Investment fell $2.55 in closing at $51.45 after exchanging 13,262 stock units.
Proven Investments dropped $2.10 to $30, with 4,772 units crossing the market and Scotia Group shed $1 to end at $35 with a transfer of 294,706 shares.
In the preference segment, 138 Student Living preference share rallied $10.45 to $60, with one stock unit changing hands, Productive Business Solutions 9.75% preference share fell $21 to close at $119 in switching ownership of 5 stocks and Productive Business Solutions 10.5% dropped $100 to close at $1050, with 100 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market drops on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged rising 806 percent but at a 50 percent lower value than on Friday, resulting in six securities traded, compared to nine on Friday with one rising, three declining and two ending unchanged.
A total of 267,098 shares were traded for US$29,031 compared with 39,417 units at US$59,609 on Friday.
Trading averaged 44,516 units at US$4,838 versus 4,380 shares at US$6,623 on Friday, with month to date average of 25,583 shares at US$5,272 versus 22,033 units at US$5,354 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 3.24 points to end at 210.72.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio uses ICInsider.comearnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and two ended with lower offers.
At the close, First Rock Real Estate USD share shed 0.89 of a cent to end at 7.1 US cents after investors traded 16,940 shares, Proven Investments declined 1.95 cents in ending at 19 US cents after an exchange of 45,575 units, Sygnus Credit Investments USD share fell 0.92 of one cent to 9.08 US cents with 67,963 stocks crossing the market and Transjamaican Highway popped 0.01 of a cent in closing at 0.94 of one US cent with investors transferring 126,283 stock units.
In the preference segment, Productive Business 9.25% preference share remained at US$11 in trading 50 stocks and JMMB Group 6% ended at US$1.07 in an exchange of 10,287 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
More money passed through the Jamaica Stock Exchange US dollar market on Friday, but investors traded vastly fewer shares than they did on Thursday with the number of shares traded dropping 92 percent from Thursday trades even as the value rose 93 percent and resulted in an exchange of nine securities up from, six on Thursday with four rising, three declining and two unchanged.
A total of 29,492 shares traded, for US$57,624 versus 390,586 units at US$29,911 on Thursday.
Trading averaged 3,277 shares at US$6,403 versus 65,098 stock units at US$4,985 on Thursday, with the month to date average of 21,723 shares at US$5,292 in contrast with 28,941 units at US$4,857 previously. Trading in October averaged 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 1.39 points to end at 213.96.
The PE Ratio a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share fell 0.01 of a cent after ending at 7.99 US cents and closed with an exchange of 91 shares, MPC Caribbean Clean Energy gained 3.01 cents to end at 65 US cents in trading 15 stocks, Proven Investments climbed 0.95 of one cent to close at 20.95 US cents as investors exchanged 814 units.
Sterling Investments remained at 2 US cents, with 17,000 stock units crossing the market, Sygnus Credit Investments USD share ended at 10 US cents after 713 shares were exchanged and Transjamaican Highway dipped 0.02 of a cent in ending at 0.93 of one US cent, with 2,995 stock units crossing the exchange.
In the preference segment, Productive Business 9.25% preference share dropped US$2.02 to close at US$11 with the swapping of 4,425 units, JMMB Group 5.75% rose 25 cents in closing at US$2 trading 600 stocks and JMMB Group 6% advanced 1 cent to end at US$1.07, with investors exchanging 2,839 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
3 JSEUSD stocks rose none fell
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 100 percent but with a 51 percent drop in value than on Wednesday, resulting in six securities trading similar to Wednesday with three rising, none declining and three ending unchanged.
A total of 390,586 shares were traded for US$29,911 versus 195,049 units at US$60,952 on Wednesday.
Trading averaged 65,098 units at US$4,985 versus 32,508 shares at US$10,159 on Wednesday, with month to date averaging 28,941 shares at US$4,857 versus 16,179 units at US$4,812 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.19 points to end at 212.57.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four ended with lower offers.
At the close, First Rock Real Estate USD share advanced 0.1 of a cent in ending at 8 US cents, with 351,650 shares crossing the exchange, Proven Investments remained at 20 US cents after an exchange of 453 stocks, Sterling Investments ended at 2 US cents as investors traded 4,896 units. Sygnus Credit Investments USD share remained at 10 US cents after 498 stock units changed hands and Transjamaican Highway popped 0.01 of a cent in closing at 0.95 of one US cent, with 31,550 stocks crossing the market.
In the preference segment, JMMB Group 6% popped 1 cent to close at US$1.06 after trading 1,539 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD based stocks
The Jamaica Stock Exchange US dollar market rose on Wednesday, with four rising, one declining and one ending unchanged after six securities traded, compared to 11 on Tuesday following a 144 percent rise in the volume of stocks traded after 192 percent increase in funds passing through the than on Tuesday.
Overall, 195,049 shares traded for US$60,952 versus 79,997 units at US$20,849 on Tuesday.
Trading averaged 32,508 units at US$10,159, versus 7,272 shares at US$1,895 on Tuesday, with month to date average 16,179 shares at US$4,812. Trading in October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 0.85 points to end at 213.76.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and two with a lower offer.
At the close, Proven Investments popped 0.01 cents to close at 20 US cents while exchanging 10,000 shares,
Sygnus Credit Investments USD share increased 0.88 of one cent to 10 US cents in trading 20,100 stock units and Transjamaican Highway fell 0.04 of a cent in closing at 0.94 US cents, with 158,500 units changing hands.
In the preference segment, Productive Business 9.25% preference share rallied US$1.02 after ending at a record US$13.02 with a transfer of 4,420 stocks, Equityline Mortgage Investment preference share ended at US$1.67 after trading 29 stocks and JMMB Group 6% dipped 1 cent to US$1.05 after a transfer of 2,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 16,146,320 shares were exchanged for $67,828,590 versus 10,072,258 units at $74,070,561 on Friday.
At the close, Caribbean Cement rallied $4 in closing at $61.50 after exchanging 4,250 shares, Guardian Holdings slumped $22.98 to end at $496.02 with investors transferring 2,971 stock units, Jamaica Broilers shed $1.13 after finishing at $28 trading 34,225 stocks. Jamaica Producers fell $2.78 to close at $17.52 in exchanging 5,328 units, Jamaica Stock Exchange gained 84 cents to close at $16.05 with the swapping of 400 units, JMMB Group declined 80 cents to end at $36.50 with 32,634 stock units changing hands. Massy Holdings dipped $1 to close at $79 in transferring 1,128 stocks, Mayberry Investments dropped $1 to end at $7 with an exchange of 15,815 shares, NCB Financial lost $1 in closing at $85, trading 377,375 units. PanJam Investment shed 50 cents to finish at $54 with the swapping of 366 shares, Portland JSX gained 50 cents to end at $9.50 with 6,612 stocks changing hands, Supreme Ventures dipped 68 cents to $26 as investors switched ownership of 220,329 stock units.
In the preference segment, Jamaica Public Service 9.5% popped $100 in closing at $3,000 with an exchange of 4 shares and 138 Student Living preference share declined $1.07 to close at $49.55 after a transfer of 322 stocks.
A total of 10,072,258 shares were exchanged for $74,070,561 against 13,269,863 units at $57,335,875 on Thursday.
Estate rose $1.44 to $14.44 in exchanging 10,904 stock units, GraceKennedy rallied $4.98 to end at $86.98 with the transfer of 8,513 stocks. Guardian Holdings climbed $24 to $519 with 3,296 units changing hands, Jamaica Broilers increased $1.03 in closing at $29.13 after 613 stock units crossed the market, Kingston Properties gained 47 cents to close at $7.32 in transferring 77,215 shares. Kingston Wharves popped 50 cents in closing at $37.50 in trading 2,599 stocks, Mayberry Investments rose 50 cents to end at $8 with an exchange of 20,000 units, Mayberry Jamaican Equities gained 78 cents to close at $13.78 with investors transferring 3,100 stock units. MPC Caribbean Clean Energy declined $4 to $80 with the swapping of 32 units, NCB Financial increased $1 in closing at $86 with 345,924 stocks clearing the market, 138 Student Living shed $1 to end at $4.50 after trading 35,857 shares. Palace Amusement dropped $107.82 to end at $720 as investors exchanged just six shares,
Scotia Group rose $3 to close at $36 with a transfer of 69,965 stock units, Seprod advanced $3.50 to $71 with 12,086 units changing hands. Victoria Mutual Investments popped 61 cents in closing at $4.80 after an exchange of 751 stocks.
A total of 13,269,863 shares were exchanged for $57,335,875 versus 4,010,188 units at $42,902,377 on Wednesday.
At the close, Barita Investments declined $1.48 to $95 with the swapping of 5,489 shares, Caribbean Cement climbed $3.40 in closing at $61.50 trading 9,217 stock units, First Rock Real Estate shed $1.44 after ending at $13 in exchanging 201,319 stocks. Jamaica Producers rose $2.80 to finish at $20.60 with the swapping of 2,795 units, JMMB Group advanced 70 cents to close at $37.30 with 23,906 stocks clearing the market, Kingston Wharves lost 50 cents to settle at $37 with 54,906 units changing hands. Mayberry Jamaican Equities rose 87 cents in closing at $13 in switching ownership of 200 stock units, PanJam Investment dipped $1.50 to end at $54.50 after closing with 1,491 shares clearing the market, Sagicor Group dropped $1.10 to $50 after the trading of 29,692 units. Scotia Group fell $2.40 to close at $33 in an exchange of 87,784 stock units, Seprod shed $3.45 to end at $67.50 with investors transferring 8,839 shares,
Supreme Ventures dropped 76 cents in closing at $26.70 in an exchange of 8,082 stocks and Victoria Mutual Investments fell 41 cents to end at $4.19 with a transfer of 80,815 stock units.
A total of 4,010,188 shares were exchanged for $42,902,377 versus 10,084,883 units at $60,042,941 on Tuesday.
At the close, Barita Investments declined $1.52 in closing at $96.48 after exchanging 4,775 shares, Caribbean Cement gained 60 cents to close at $58.10 with the swapping of 1,283 stock units, Caribbean Producers popped 82 cents to $13.35 with investors transferring 82,145 units. Eppley climbed $2.23 to close at $37.43 after transferring 3,126 stocks, Eppley Caribbean Property Fund rose $1.97 to end at $40 with 1,500 shares changing hands, Jamaica Broilers lost 97 cents to close at $28 in trading 44,230 units. Jamaica Producers advanced 53 cents to $17.80 in exchanging 2,355 stocks, Kingston Wharves fell 40 cents in closing at $37.50 with 4,217 stock units clearing the market, Massy Holdings dropped $1.04 after ending at $79.96 in an exchange of 352 units. Mayberry Jamaican Equities dipped $1.69 to end at $12.13 trading 3,581 stock units, 138 Student Living shed 98 cents to close at $5.52 in an exchange of 25 stocks, Proven Investments gained $1.90 to end at $32 after 12,646 shares cleared the market.
In the preference segment, Eppley 7.50% preference share dropped $1.44 in closing at $6.30 with 202 units changing hands and Productive Business Solutions 9.75% preference share rallied $33 to $140 after a transfer of one stock unit.
A total of 10,084,883 shares were exchanged for $60,042,941 versus 42,372,789 units at $70,469,791 on Monday.
At the close, Barita Investments dropped $1.85 to $98 with 12,578 stocks crossing the market, Caribbean Cement declined $3.25 to $57.50 with 116,678 stock units clearing the exchange, Caribbean Producers dipped 77 cents in closing at $12.53 after a transfer of 40,424 units, Eppley shed $4.50 to close at $35.20 with 174 stock units changing hands, First Rock Real Estate advanced 90 cents to $14.40 in an exchange of 1,114 units. GraceKennedy fell $2.85 to close at $82 with the swapping of 39,592 shares, Jamaica Producers lost $2.73 to end at $17.27 after trading 13,041 stocks, Jamaica Stock Exchange dipped $1.29 in closing at $15.21 with 3,767 stocks clearing the market. MPC Caribbean Clean Energy rallied $4 to $84 after trading 751 shares, NCB Financial gained $1 to close at $84.99 in exchanging 236,109 units, 138 Student Living dropped 45 cents to $6.50 in switching ownership of 1,073 stock units. PanJam Investment shed $3 to end at $56 as investors exchanged 73 stock units, Pulse Investments rose 46 cents after finishing at $3.39 with investors transferring 1,269,900 units, Sagicor Group lost $2.02 to close at $50.98 with the swapping of 50,178 stocks.
Scotia Group declined $1.28 to end at $35.40 with a transfer of 62,578 shares, Stanley Motta popped $1.25 to close at $5.25 in trading 24,307 stocks, Sygnus Real Estate Finance fell 58 cents in closing at $10 after investors transferred two stock units.