Proven Investments enjoyed a good day on the US dollar market of the Jamaica Stock Exchange on Friday and helping to move the market higher after investors traded 37 percent more shares in the overall market at twice the value than on Thursday.
Proven Investments traded the most shares on the JSE USD market.
At the close of the market, trading ended with three securities changing hands compared to five on Thursday and ended with the prices of two stocks rising, none declining and one remaining unchanged.
The JSE USD Equities Index increased 3.82 points to settle at 187.49, with the average PE Ratio ending at 12.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 778,508 shares, accounting for US$202,867 compared to 568,488 units at US$67,244 on Thursday.
The average trade for the day amounted to 259,503 units changing hands at US$67,622, in contrast to an average of 113,698 shares at US$13,449 on Thursday. Trading ended, with an average of 109,874 units for the month to date at US$14,315 in contrast to 91,171 units at US$7,651. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid higher than the last selling price and none with lower offers.
At the close of the market, Proven Investments carved out a gain of 3.2 US cents in closing at 28 US cents and exchanging 758,069 shares and Sygnus Credit Investments gained 1.4 US cents to close at 14.35 US cents, trading 19,639 shares.
In the preference segment of the market, JMMB Group 6% traded 800 units to close at US$1.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index climbed 1,047.56 points to 401,621.75, the Main Index rose 962.30 points to 366,616.91 and the JSE Financial Index gained 0.01 points to close at 96.30.
Trading ended with an average of 244,891 units changing hands at $884,695 for each security, in comparison to an average of 137,893 shares at $958,843 on Wednesday. The average trade for the month to date ended at 187,575 units at $1,207,217 for each security, in contrast to 179,192 units at $1,254,388. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Jamaica Broilers rose 36 cents to close at $24.96 in trading 19,670 shares, Jamaica Producers advanced $1.85 to $21 and cleared the market with 1,350 units. Key Insurance rose 66 cents to $8.57 trading 17,006 stock units, Kingston Wharves dropped $2.89 in closing at $46, with 10,317 units crossing the market, Mayberry Investments slipped 57 cents to $5.13, after 19,300 stock units passed through the market. Proven Investments advanced $1.85 to $35.95, after an exchange of 592 units, Salada Foods gained 99 cents to close at $27.99, with 75 units crossing the market, Scotia Group rose $1 to end at $50, after trading 32,180 shares. Seprod climbed $1.10 to $53.50, in exchanging 9,312 units, Supreme Ventures lost 46 cents to settle at $13.51 trading 101,403 shares and Wisynco Group gained 50 cents to close at $17, with 87,673 shares changing hands.
The JSE USD Equities Index increased 1.85 points to settle at 183.67, with the average PE Ratio ending at 12.6 based on IC Insider.com’s forecast of 2020-21 earnings.
At the close of the market, Proven Investments remained at 24.8 US cents, with investors trading 309 shares. Sygnus Credit Investments declined by 1.9 US cents in closing at 13 US cents with investors switching ownership of 297,407 stocks and Transjamaican Highway closed at 0.81 of a US cent in clearing the market with 250,001 stock units.
At the close, the All Jamaican Composite Index declined by 1,062.87 points to 400,574.19, the Main Index shed 921.81 points to 365,654.61 and the JSE Financial Index remained unchanged at 96.29.
The average trade for the month to date ended at 179,192 units at $1,254,388 for each security, in contrast to 185,696 units at $1,300,931. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Jamaica Producers declined by $1.85 to $19.15, with 5,992 units changing hands, Jamaica Stock Exchange gained 33 cents, in finishing at $18.95 with 17,418 stock units crossing the market, Kingston Wharves closed at $48.89, having gained 89 cents and trading 5,099 stock units. MPC Caribbean Clean Energy climbed $8 to close at $163, after exchanging 636 units, Palace Amusement climbed $200 in closing at $1,300 trading 10 units, Proven Investments declined by $1.80 to $34.10 with an exchange of 5,490 stock units. Sagicor Group gained 30 cents to close at $44.90, in transferring 24,509 stock units, Salada Foods dropped $1 to $27, with an exchange of 11,896 units, Scotia Group climbed $2 to $49 while trading 204,296 shares and Sygnus Credit Investments ended at $18, with gains of $1.45 in transferring 104,248 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than its last selling prices and one with lower offers.
At the close, the All Jamaican Composite Index advanced by 1,674.54 points to 401,637.06, the Main Index carved out a gain of 1,545.95 points to 366,576.42 and the JSE Financial Index rose 0.12 points to close at 96.29.
Trading ended with an average of 113,552 units changing hands at $637,545, in comparison to an average of 241,851 shares at $1,208,807 on Monday. The average trade for the month to date ended at 185,696 units at $1,300,931 for each security, in contrast to 200,398 units at $1,436,123 on Monday. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Jamaica Broilers Group declined by 45 cents in closing at $25 and 33,295 shares crossing the exchange, Jamaica Stock Exchange carved out a gain of 62 cents to end at $18.62 trading 12,262 units, Mayberry Investments settled at $5.69, with a rise of 57 cents, with 2,000 units passing through the market. Mayberry Jamaican Equities shed 43 cents to end at $8.07 with investors swapping 122 stock units, NCB Financial fell 60 cents to settle at $135, after exchanging 48,381 shares, Palace Amusement dived $400 in closing at $1,100, in trading 20 shares. Proven Investments climbed $1.75 to settle at $35.90, with 1,191 units changing hands, Scotia Group lost $1 to end at $47 with 7,120 units crossing the exchange and Seprod climbed $1.40 to close at $52.40 with investors switching ownership of 63,478 shares.
At the close of the market, trading ended with two securities changing hands compared to one on Monday and ended with the prices of one stock rising, none declining and one remaining unchanged.
By comparison, August ended with an average of 83,402 units for US$7,526.
Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Jamaica Stock Exchange declined by $3 to settle at $18 after 101,669 shares changed hands. JMMB Group shed 49 cents to end at $29.51, in exchanging 143,462 stock units, Kingston Properties advanced $1.20 to $7.50 with an exchange of 15 stock units, Kingston Wharves gained 50 cents, trading 9,008 units to end at $48. Mayberry Jamaican Equities rose 50 cents to $8.50, with 133,975 shares changing hands, MPC Caribbean Clean Energy climbed $5 to $155 and cleared the market with 549 units, NCB Financial fell $1.40 to $135.60, in exchanging 11,126 stock units. Proven Investments lost $1.85 to end at $34.15, after trading 2,105 units, Seprod dropped $2 to settle at $51 with investors switching ownership of 215,510 shares, Sterling Investments gained 30 cents ending at $3.20, with 62,334 stock units crossing the exchange and Sygnus Credit Investments climbed $1.75 to close at $16.80 trading 38,323 shares.
At the close, the All Jamaican Composite Index advanced 980.40 points to 402,248.48, the Main Index rose 858.57 points to 367,100.77 and the JSE Financial Index added 0.25 points to close at 97.09.
Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Key Insurance declined by $1.05 to settle at $8.10, in transferring 19,595 stock units, Kingston Properties fell by $1.39 to $6.30, while exchanging 100 units, Kingston Wharves closed $2.50 higher at $47.50, with an exchange of 8,801 units. NCB Financial declined $2 to $137, trading 194,240 shares, Portland JSX fell $1.48, in ending at $7.02 with 100 units changing hands. Salada Foods closed at $28, with a loss of $1 after trading 426 shares. Scotia Group climbed $1.98 to $48, with investors switching the ownership of 50 stocks, Seprod declined $2 to settle at $53, in exchanging 2,119 units, Supreme Ventures gained 31 cents to close $13.81, in transferring 8,819 stock units and Sygnus Credit Investments lost 30 cents to close at $15.05, with 5,368 stock units crossing the market.
At the close of the market, trading ended with three securities changing hands compared to two on Thursday and ended with the prices of the stocks remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with a lower offer.