Trading closed on the US dollar market of the Jamaica Stock Exchange on Thursday, with the market declining after investors traded 25 percent more shares than on Wednesday.
At the close of the market, trading ended with four securities changing hands compared to seven on Wednesday and ended with the prices of no stocks rising, two declining and two remaining unchanged.
The JSE USD Equities Index carved out a loss of 1.51 points to settle at 191.03, with the average PE Ratio of the market ended at 13.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 107,781 shares, accounting for US$20,162 compared to 85,911 units at US$16,117 on Wednesday.
The average trade of 26,945 units changed hands at US$5,040, in contrast to an average of 12,273 shares at US$2,302 on Wednesday. Trading ended at an average of 45,925 units for the month to date at US$3,862 in contrast to 47,776 units at US$3,747 on Wednesday. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two 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 closed at 9 US cents after exchanging 57,000 shares, Proven Investments half of 1 US cent to settle at 24 US cents with investors swapping 32,826 shares and Sygnus Credit Investments shed seven-tenths of a US cent and ended at 16 US cents with an exchange of 12,955 stock units.
In the preference segment of the market, JMMB Group 6% closed unchanged at US$1 after exchanging 5,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
USD Market closed on higher volume
Trading picks up for JSE USD market
The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market inching higher after investors traded 300 percent more shares than on Tuesday, resulting in an equal number of stocks falling and rising.
At the close of the market, trading ended with seven securities changing hands compared to six on Tuesday and ended with the prices of two stocks rising, two declining and three remaining unchanged.
The JSE USD Equities Index increased 0.05 points to settle at 192.54, and the average PE Ratio of the market ended at 13.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 85,911 shares, accounting for US$16,117 compared to 22,054 units at US$14,604 on Tuesday.
Trading ended with an average of 12,273 units changing hands at US$2,302 for each security, in contrast to an average of 3,676 shares at US$2,434 on Tuesday. The market closed with an average of 47,776 units for the month to date at US$3,747 in contrast to 55,086 units at US$4,044, to Tuesday. By comparison, July ended with an average of 133,150 units at US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two 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 settled at 9 US cents, in exchanging 37,051 stock units, Margaritaville closed at 14 US cents, with 97 shares changing hands. Proven Investments ended at 24.5 US cents in an exchange of 11,414 stock units, Sterling Investments lost two-tenths of a cent to end at 2.69 US cents and trading 1,006 units. Sygnus Credit Investments climbed 1.5 US cents to close at a 52 weeks’ high of 16.7 US cents with investors switching ownership of 1,061 stocks and Transjamaican Highway slipped from 0.09 cent and closed at 0.093 US of a cent in trading 25,782 stock units.
In the preference segment of the market, JMMB Group 6% gained 1 US cent to settle at US$1 in trading 9,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume plunged on USD market
Trading volume dropped sharply on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market picking up a modest gain in the market index more stocks declining than rising.
At the close of the market, trading ended with six securities changing hands compared to five on Monday and ended with the prices of one stock rising, three declining and two remaining unchanged.
The JSE USD Equities Index increased 0.72 points to settle at 192.49, and the average PE Ratio of the market ended at 13.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 22,054 shares, accounting for US$14,604 compared to 774,661 units at US$24,766 on Monday.
An average of 3,676 units traded at US$2,434 on Tuesday, in contrast to an average of 154,932 shares at US$4,953 on Monday. Trading ended with an average of 55,086 units for the month to date at US$4,044 in contrast to 66,102 units at US$4,389. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market,
Proven Investments lost three-tenths of a cent to close at 24.5 US cents, with 2,425 units crossing the market Sterling Investments increased six-tenths of a US cent to close at 2.85 US cents trading 5,500 units. Sygnus Credit Investments dropped by 1.8 US cents to settle at 15.2 US cents in an exchange of 229 units and Transjamaican Highway closed at 0.95 of a US cent while exchanging 4,000 stock units.
In the preference segment of the US dollar market, JMMB Group 5.75% remained at US$2.01 in clearing the market with 3,900 units and JMMB Group 6% declined by 6 US cents closing at 99 US cents with 6,000 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising and falling JSE USD stocks tied
The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market declining after investors traded more than twice the shares on Friday, resulting in more stocks falling than rising.
At the close of the market, trading ended with five securities changing hands compared to six on Friday and ended with the prices of two stocks rising, two declining and one remaining unchanged.
The JSE USD Equities Index lost 1.10 points to settle at 191.77 and the average PE Ratio of the market ended at 13.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 774,661 shares, accounting for US$24,766 compared to 332,053 units at US$17,651 on Friday.
The market closed, with an average of 154,932 units trading at US$4,953 on Monday, in contrast to 55,342 shares at US$2,942 on Friday. Trading ended with an average of 66,102 units for the month to date at US$4,389 in comparison to 46,791 units at US$4,267 up to Friday. By contrast, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Proven Investments lost 0.18 of a cent and settled at 24.8 US cents, with 48,055 shares crossing the market, Sterling Investments fell a fourth of a cent to end at 2.23 US cents after 76,918 stock units changed hands. Sygnus Credit Investments added a half of a cent and ended at 17 US cents while exchanging 26,000 stock units and Transjamaican Highway added 0.02 of a cent in closing at 0.95 of a US cent in an exchange of 622,818 units.
In the preference segment, JMMB Group 6% closed the trading of 870 stock units at US$1.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market record gains
The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market index rising after investors traded four times more shares than on Wednesday, resulting in stocks rising outnumbering declining ones.
At the close of the market, trading ended with six securities changing hands with the prices of four stocks rising, one declining and one remaining unchanged.
The JSE USD Equities Index rose 4.19 points to settle at 192.87, with the average PE Ratio of the market ended at 13.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 332,053 shares, accounting for US$17,651 compared to 83,915 units at US$19,876 on Wednesday.
Trading resulted in an average of 55,342 units at US$2,942 changing hands on Friday, in contrast to 11,988 shares at US$2,839 on Wednesday. Trading ended with an average of 46,791 units for the month to date at US$4,267, in contrast to 43,773 units at US$4,734. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows one stock ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital Investment remained at 9 US cents with an exchange of 151 shares, Proven Investments ended with a modest gain, with the price moving from 24.97 US cents to 24.98 US cents and closed with a mere one unit passing through the market.
Sterling Investments gained seven-tenth of a US cent to end at 2.65 US cents with investors exchanging 10,000 stocks, Sygnus Credit Investments gained 1.3 US cents to close at 16.5 US cents, with 9,237 stock units changing hands and Transjamaican Highway lost a fraction of a cent to close at 0.93 of a US cent while exchanging 300,000 shares.
In the preference segment, JMMB Group 6% carved out a gain of 6 US cents to close at US$1.05 in clearing the market with 12,664 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market closed higher
The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market index rising after investors traded 70 percent fewer shares than on Tuesday and ended with more stocks rising than falling.
At the close of the market, trading ended with seven securities changing hands with the prices of three stocks rising, one declining and three remaining unchanged.
The JSE USD Equities Index carved out a gain of 2.97 points to settle at 188.68 and the average PE Ratio of the market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 83,915 shares, accounting for US$19,876 compared to 282,053 units at US$49,800 on Tuesday. Trading on Wednesday ended, with the average at 11,988 units for US$2,839, in contrast to an average of 56,411 shares at US$9,960, on Tuesday. Trading ended with an average of 43,773 units for the month to date at US$4,734 in contrast to 66,023 units at US$6,061. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and one with lower offers. At the close of the market,
First Rock Capital Investment advanced 1.5 US cents in ending at 9 US cents, with 7,555 stock units crossing the market, Margaritaville closed at 14 US cents, after 1,500 units passed through the market. Proven Investments climbed 1.98 cents to settle at 24.97 US cents trading 61,906 shares, Sygnus Credit Investments rose two-tenths of a cent closed at 15 US cents changing hands 5,400 stocks and Transjamaican Highway stayed at 1 US cent exchanging 4,146 stocks.
In the preference share segment, JMMB Group 5.75% settled at US$1.50 after exchanging 143 units and JMMB Group 6% fell US 6 cents to end at 99 US cents in trading 3,265 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index fell 2,977.80 points to settle at 399,966.07, the Main Index dropped by 2,833.33 points to end at 364,976.44 and the JSE Financial Index carved out a loss 0.77 points to close at 94.06.
For the month to date, the average trade is 330,159 units at $1,538,143 for each security that traded, in contrast to 360,995 units at $1,596,828 to Tuesday. Trading for the month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance carved out a gain of 50 cents ending at $7.50 with investors swapping 1,135 units, Kingston Properties increased 57 cents to $7.60 after exchanging ten units. Kingston Wharves declined by $1.30 to close at $52.50 passing through the market 7,089 stock units, MPC Caribbean Energy declined by $19.85 to settle at $150 in trading 770 stock units, NCB Financial fell by $6.98 in closing at $130.02, with 222,268 shares passing through the market. Proven Investments increased 30 cents to settle at $35.70 in an exchange of 27,348 shares, Sagicor Group advanced by 90 cents in ending at $40 after trading 52,290 units, Salada Foods dropped by $1 to end at $27 in an exchange of 1,000 shares. Seprod advanced by $1.24 to close at $56.24 after trading 5,507 stocks, Sygnus Credit Investments shed 31 cents to close at $15.99 with 7,381 stocks changing hands and Wisynco Group shed 67 cents to end at $17.21 with investors swapping 82,451 units.
The day ended with 269,280 units on average trading at $1,129,730 for each security, in comparison to an average of 308,397 shares at $1,154,272 on Monday. The average traded for the month to date is 360,995 units at $1,596,828 for each security, in contrast to 378,165 units at $1,684,276 on Monday. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance fell 50 cents to end at $7, with 34,354 shares passing through the market. NCB Financial Group climbed $3.45 to end at $137 after 79,513 shares crossed the exchange, 138 Student Living rose 60 cents to $6.60, finishing trading with 3,119 stock units, PanJam Investment fell $1.26 to $66.74, with an exchange of 11,013 shares, Proven Investments advanced by 40 cents to close at $35.40 trading 151 units. Sagicor Groupfell $1.41 after closing at $39.10 and exchanging 39,769 stocks, Sagicor Real Estate Fund lost 84 cents to end at $8 in trading 10,098 units, Salada Foods climbed $1 to close at $28 and clearing the market with just 200 shares. Scotia Group gained $3.30 to close at $47.50, finishing trading of 7,124 shares, Seprod fell $1.96 to close at $55 after exchanging 31,637 stocks and Stanley Motta declined by 38 cents to settle at $4.75 in trading 15,000 shares.
At the close, the All Jamaican Composite Index advanced by 1,062.28 points to settle at 405,212.68, the Main Index carved out a gain of 1,000.74 points to 369,854.08, the JSE Financial Index slipped 0.27 points to close at 95.07.
An average of 378,165 units traded for the month to date at $1,684,276 for each security, in contrast to 394,720 units at $1,810,039. Trading month to date compares adversely to July that ended with an average of 392,128 shares for $2,444,356.
First Rock Capital lost 51 cents to end at $13.50, clearing the market with 3,913 stock units, Jamaica Producers Group carved out a gain of $1.10 to close at $23.85 after exchanging 18,550 stock units, Jamaica Stock Exchange rose 95 cents to settle at $23.95, with 55,562 stock units crossing the exchange. Key Insurance fell by $1 closing at $7.50, with 10,894 units changing hands, Kingston Wharves rose $2.80 ending at $53.80 with an exchange of 768 units, NCB Financial Group dropped $4.45 to end at $133.55 while trading 32,645 units. Palace climbed $222.83 to $1,783.83 and 9 stock units passing through the market, Sagicor Group dipped $1.49 to settle at $40.51 exchanging 44,579 units. Sterling Investments lost 30 cents to end at $2.70 with investors swapping 932 shares and Wisynco Group gained 39 cents to end at $17.99 with an exchange of 28,333 stock units.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves gained $1 to end at $51, with 3,270 stocks changing hands. Mayberry Investments climbed 90 cents to close at $5.90 with an exchange of 300 shares, Mayberry Jamaican Equities advanced by 44 cents to end at $9.19 with investors switching ownership of 10,750 units, Palace Amusement rose $11 to close at $1561, with nine units clearing the market. PanJam Investment shed $1 to close at $68 trading 6,594 stocks, Proven Investments carved out a gain of $1.05 to finish at $34.95 with investors switching ownership of 4,371 stock units, Sagicor Group dropped 50 cents to close at $42 with investors exchanging 33,395 stocks. Sagicor Real Estate Fund gained $1.02 to end at $8.88 while exchanging 110 stock units, Seprod gained 96 cents to settle at $56.96, with 36,600 shares crossing the exchange and Wisynco Group advanced 50 cents to $17.60 with investors wapping 85,689 stock units.