Trading in the US dollar market of the Jamaica Stock Exchange closed trading on Friday with limited activity with the market declining for a second day after trading 79 percent fewer shares than on Thursday and values falling 49 percent.
At the close of the market, trading ended with two securities changing hands compared to six on Thursday and closed with the prices of two declining.
The JSE USD Equities Index shed 1.87 points to settle at 192.70. The average PE Ratio is 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market continues to trade well below the average activity in October, with an exchange of 43,973 shares accounting for US$9,230 on Friday, compared to 206,695 units at US$18,236 on Thursday. The average trade amounts to 21,987 units changing hands at US$4,615, in contrast to an average of 34,449 shares at US$3,039 on Thursday. Trading ended with an average of 48,653 units for the month to date at US$5,441, compared to 49,514 units at US$5,468. By comparison, October ended with an average of 697,808 units for US$17,320.
The Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment lost 0.05 of a cent to end at 8.6 US cents, with investors swapping 10,800 stock units and Proven Investments declined by 2.77 US cents to settle at 23.22 US cents after trading 33,173 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, six securities changed hands compared to four on Wednesday and closed with the prices of two stocks rising, two declining and two remaining unchanged.
At the close of the market, Margaritaville traded 100 shares at 13 US cents, MPC Caribbean Clean Energy settled at US$1.15, in exchanging 52 units. Proven Investments lost 0.09 of a cent and ended at 25.99 US cents trading 16,244 stocks, Sygnus Credit Investments shed 1.01 US cents to close at 15.99 US cents, with 90,118 units changing hands and Transjamaican Highway gained 0.04 of a cent to end at 0.89 of a US cent after exchanging 100,000 shares.
At the close, the All Jamaican Composite Index dropped 2,741.60 points to 424,462.68, the Main Index fell by 2,536.99 points to 387,308.51 and the JSE Financial Index lost 0.60 points to settle at 102.63.
Trading averaged 263,137 units changing hands at $9,978,750 for each security, compared to 366,759 shares at $16,456,068 on Wednesday. Month to date average trade ends at 267,957 units at $5,429,235 in contrast to 268,282 units at $5,122,619 on Wednesday. Trading for October averaged 398,200 units at $4,622,532.
Jamaica Stock Exchange rose 68 cents to settle at $19, with investors switching ownership of 36,204 shares, Kingston Wharves dropped $3.90 to $45 in trading 55,000 shares, Palace Amusement dived $34.99 to $1,265.01, in an exchange of 42 units. Pan Jam Investment shed 76 cents to end at $63.24 after trading 5,898 units, Proven Investments settled at $38.50, with gains of $1.64, in clearing the market with 2,642 units, Sagicor Group gained 40 cents to close at $48.50, with 38,536 shares crossing the exchange. Seprod ended at $62, with a loss of 50 cents trading 5,503 units and Supreme Ventures rose 55 cents to $15.90, with an exchange of 26,291 stock units.
At the close of the market, trading ended with four stocks changing hands compared to two on Tuesday and closed with the prices of two stocks rising, two declining and none remaining unchanged.
At the close of the market, First Rock Capital Investment gained 0.64 of a cent to end at 8.65 US cents, trading 36,020 shares, Proven Investments slipped 0.05 of a cent and settled at 25.9 US cents, with 65,344 units changing hands. Sygnus Credit Investments rose 2 US cents to 17 US cents and finishing with an exchange of 85,717 shares and Transjamaican Highway lost 0.05 of a cent to end at 0.85 of a US cent after trading 513,024 stock units.
At the close, the All Jamaican Composite Index surged 7,042.47 points to 427,204.28, the Main Index jumped 6,294.46 points to 389,845.50 and the JSE Financial Index added 2.61 points to settle at 103.23.
The average trade amounts to 366,759 units at $16,456,068 for each security, compared to an average of 331,704 shares at $4,518,526 on Tuesday. The average trade for the month to date ended at 268,282 units at $5,122,619 for each security, in contrast to 259,701 units at $4,135,150 on Tuesday. Trading for October averaged 398,200 units at $4,622,532 .
NCB Financial climbed $8 to $150, with 2,760,546 shares changing hands, Pan Jam Investment advanced by $2.84 to $64 after exchanging 11,719 units, Proven Investments declined by $2.14 in closing at $36.86, in trading 2,900 units. Salada Foods shed 79 cents to end at $27.50, with an exchange of 260 units, Scotia Group fell by $2.89 in closing at $45.06, with 172,829 shares changing hands and Supreme Ventures lost 65 cents to end at $15.35, after 27,135 stock units passed through the market.
Trading ended with an average of 331,704 units changing hands at $4,518,526 for each security compared to an average of 157,521 shares at $2,873,676 on Monday. The average trade for the month to date ended at 259,701 units at $4,135,150 for each security,in contrast to 253,170 units at $4,100,373. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
Mayberry Jamaican Equities gained 93 cents with 9,000 stock units passing through the market to end at $7.93, NCB Financial climbed $3.50 to $142 after 462,307 units changed hands, 138 Student Living declined by $1.38 to $3.51, with the swapping of one stock unit, Proven Investments shed 80 cents to end at $39 after trading 3,894 stocks. Scotia Group rose by $1.23 to $47.95 with 254 units changed hands, Seprod ended at $62.50, with gains of $1.75 after investors switched ownership of 19,669 stock units, Supreme Ventures finished 50 cents higher at $16, in trading 43,509 shares and Victoria Mutual Investments gained 30 cents to settle at $5.40, with 84,799 shares changing hands.
Trading remained low-keyed on the Jamaican Stock Exchange’s US dollar market on Tuesday with just two securities trading and closed with the price of one stock rising and one remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and one with a lower offer. Proven Investments remained at 25.95 US cents at the close of the market after exchanging 17,317 stock units and Sygnus Credit Investments gained half of a cent to end at 15 US cents trading 30,815 shares.
At the close, the All Jamaican Composite Index advanced by 1,062.24 points to 415,313.86, the Main Index climbed 1,066.43 points to 378,895.26 and the JSE Financial Index lost 0.34 points to settle at 99.03.
Trading ends with an average of 157,521 units at $2,873,676 for each security, in comparison to an average of 297,192 shares at $8,760,017 on Friday. The average trade for the month to date ended at 253,170 units at $4,100,373 for each security, in contrast to 263,467 units at $4,232,434. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
Sagicor Group closed at $48, with a loss of $1 with 20,399 stock units changing hands, Scotia Group carved out a loss of $1.43, in ending at $46.72, after 726 units cleared the market, Seprod declined $3.25 to $60.75 after exchanging 11,015 units. Stanley Motta gained 45 cents to close at $5.60, with 380 units changing hands, Supreme Ventures lost 47 cents to close at $15.50 after exchanging 99,556 shares and Victoria Mutual Investments shed 58 cents in closing at $5.10, with 487,968 shares crossing the exchange.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, the All Jamaican Composite Index shed 1,633.76 points to 414,251.62, the Main Index declined by 1,510.85 points to 377,828.83 and the JSE Financial Index slipped just 0.01 point to settle at 99.37. The average PE Ratio ended at 15.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an average of 297,192 units changing hands at $8,760,017 for each security, versus an average of 320,366 shares at $5,764,643 on Thursday. The average trade for the month to date ended at 263,467 units at $4,232,434 for each security, in contrast to 259,799 units at $3,740,044 on Thursday. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
MPC Caribbean Clean Energy dropped $5 in closing at $135 after clearing the market with 3,413 units. Palace Amusement declined $145.12 to end at $1,100.01, with 20 units crossing the exchange, Pan Jam Investment shed 51 cents to settle at $61 while trading 7,280 units, Portland JSX finished at $8, with a loss of 99 cents and 1,813 units trading. Proven Investments climbed $3.39 to $39.89 and finishing with an exchange of 38,609 shares, Sagicor Group fell $1 to $49 after 35,711 shares crossed the market, Scotia Group gained 40 cents to close at $48.15 trading 312,940 shares and Seprod ended 50 cents higher at $64, with an exchange of 12,704 stock units.