The Main Market of the Jamaica Stock Exchange gave back more of the gains enjoyed last week as investors cut, the All Jamaican Composite Index down by 2,574.66 points to 406,734.43 and slashed 2,330.72 points off the Main Index to close at 370,965.06.
The JSE Financial Index declined 0.87 points to end at 96.48 and reflects stability in this sector as trading ended with 38 securities changing hands with the prices of 13 stocks rising, the prices of 13 declining and 12 remaining unchanged.
The average PE Ratio of the Main market ended at 14.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,909,660 shares for $39,906,681 compared to 5,825,935 units at $58,494,661 on Wednesday. Transjamaican Highway led trading with 1.52 million shares for 30.9 percent of total volume, followed by Carreras with 810,362 units for 16.5 percent of the day’s trade and Mayberry Investments with 707,749 units for 14.4 percent market share.
An average of 129,202 units traded for the day at $1,050,176, in comparison to an average of 153,314 at $1,539,333 on Wednesday. An average of 396,123 units traded for the month to date at $2,741,845 for each security that traded, in contrast to 411,515 units at $2,83,3929. In contrast, June ended with an average of 818,748 units at $7,498,308units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the Main market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Barita Investments carved out a loss $1 to end at $55 in trading 1,018 shares, Caribbean Cement gained 50 cents to settle at $45.50 to finish with 13,650 stock units changing hands, Eppley dropped 39 cents to close at $17 trading 50,142 units. Jamaica Broilers Group fell $1 to settle at $26.50 in exchanging 2,082 shares, Kingston Wharves gained $1.50 to settle at $51.50 with 1,290 stock units passing through the market, Proven Investments lost 50 cents to settle at $34, with 990 shares crossing the exchange. Sagicor Group fell $3 to settle at $43 while exchanging 61,960 units and Scotia Group carved out a gain of $1.25 and ending at $46.25, with 3,859 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market slips in taking
Trading remained moderate on Jamaica Stock Exchange US dollar Market on Thursday, with the volume and value of stocks trading falling well below that on Wednesday.
The market ended with five securities changing hands, one more than on Wednesday and ended with the price of one stock rising, one declining and three remaining unchanged.
The JSE USD Equities Index lost 0.28 points to close at 186.98 and the average PE Ratio of the JSE US Dollar Market ended at 13.1, based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 988,533 shares, accounting for US$16,715 compared to 1,259,630 units at US$113,462 on Wednesday.
An average of 197,707 units traded at US$3,343 for the day, in contrast to an average of 314,908 at US$28,366 on Wednesday. An average of 104,270 units traded for the month to date at US$18,980, in contrast to 140,559 units at US$20,066.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment remained at 9 US cents after finishing trading 51,169 units, Margaritaville ended at 16 US cents, with 12,000 units crossing the market, Productive Business Solutions remained at 70 US cents, with 171 stock units passing through the market. Sygnus Credit Investments declined by 0.08 of a cent in closing at 13.25 US cents and finishing with 10,272 units passing through the market and Transjamaican Highway gained one-tenth of a cent to end at 0.99 of a US cent with investors switching ownership of 914,921 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks upon JSE USD market
Trading picked upon the Jamaica Stock Exchange US dollar Market on Wednesday as the volume passing through the market rose sharply over the levels on Tuesday.
At the close of the market, trading ended with four securities changing hands, up from three on Tuesday, and ended, with the price of one stock rising, two declining and one remaining unchanged.
The USD Equities Index declined 1.10 points to close at 187.26 and the average PE Ratio of the JSE US Dollar Market ended at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,259,630 shares, accounting for US$113,462 compared to 13,724 units at US$2,552 on Tuesday.
An average of 314,908 units at US$28,366 traded for the day, in contrast to an average of 4,575 at US$851 on Tuesday. An average of 140,559 units traded for the month to date at US$20,066, in contrast to 130,303 units at US$19,577. By comparison, June ended with an average of 281,680 units valued at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with la ower offer.
At the close of the market, First Rock Capital Investment traded 1,251,460 shares to close at 9 US cents, Productive Business Solutions advanced by 4 US cents to end at 70 US cents in exchanging 49 units. Proven Investments declined by one cent to 23.01 US cents after trading 2,581 shares and Sygnus Credit Investments carved out a loss 1 cent to settle at 14 US cents, with 5,540 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on JSE US$ market
Trading was modest at the close of the Jamaica Stock Exchange US dollar Market, on Tuesday with only three securities changing hands, down from four on Monday and ended with the price of one stock rising, none declining and two remaining unchanged.
The market index rose 3.50 points to end at 188.36 and the average PE Ratio of the JSE US Dollar Market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of only 13,724 shares, at US$2,552, compared to 107,140 units at US$25,311 on Monday.
An average of 4,575 units at US$851 traded for the day, in contrast to an average of 26,785 shares at US$6,238 on Monday. An average of 136,106 units traded for the month to date at US$20,442 in contrast to 143,274 units at US$21,367. By comparison, June ended with an average of 81,680 shares at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment ended at 9 US cents with 325 stock units changing hands, Proven Investments increased 1.01 cent, to end at 24.01 US cents while exchanging 5,464 stock units and Sygnus Credit Investments closed at 15 US cents after trading 7,935 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE US$ market slipped on Monday
At the close of the Jamaica Stock Exchange, US dollar Market Equities Index declined by 0.56 points to close at 184.86 in a moderate trading session on Monday.
Trading ended with four securities changing hands. No stock closed with an increase in the price, while three declined and one remained unchanged. The average PE Ratio of the JSE US Dollar Market ended at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 107,140 shares, accounting for US$25,311 compared to 911,996 units at US$186,648 on Friday.
An average of 26,785 units at US$6,328 traded for the day, in contrast to an average of 182,399 at US$37,330 on Friday. An average of 136,106 units traded for the month to date at US$20,442 in contrast to 143,274 units at US$21,367. June ended with an average of 281,680 shares at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows four stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents with an exchange of 916 shares, JMMB Group 5.75% preference shares carved out a loss 25 US cents to settle at US$2.05 after trading 800 units. Proven Investments declined 1.5 US cents ending at 23 US cents with 102,424 shares changing hands and Transjamaican Highway lost one-tenth of a cent and settled at 0.94 US cent in exchanging 3,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rose on JSE US market
The volume of stocks trading on the Jamaica Stock Exchange US dollar market jumped nearly six times that on Thursday with value climbing sharply as well.
Trading ended with five securities changing hands with the prices of two stocks rising, none declining and three remaining unchanged, leaving the JSE US Index with a gain of 0.56 points to 185.42.
The average PE Ratio of the JSE US Dollar Market ended at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 911,996 shares, accounting for $186,648 compared to 156,430 units at $14,081 on Thursday.
An average of 182,399 shares traded on Friday at US$37,330 for each security, in contrast to an average of 26,072 at $2,347 on Thursday. An average of 143,274 units changed hands for the month to date, at $21,367 each, in contrast to 139,781 units at US$19,942 on Thursday. In contrast, June closed with an average of 281,680 shares at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and 0 with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 cents trading 4,660 units, JMMB Group 5.75% preference share remained at $1.50 with investors swapping 343 stock units, Proven Investments gained 1.5 cents to close at 25 US cents with 804,651 units changing hands. Sygnus Credit Investments ended at 15 cents with investors switching ownership of 8,090 units and Transjamaican Highway gained one-tenth of a cents and closed at 0.99 of a US cent in an exchange of 94,252 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.