More funds were pumped into trading on the Jamaica Stock Exchange Main Market on Friday, but the volume of stocks traded declined by 32 percent while the value surged 390 percent over market activity on Thursday, with the number of securities traded remaining the same as Thursday at 61 of which prices of 17 rose, 19 declined and 25 ended unchanged.
Trading closed with an exchange of 10,926,398 shares for $160,297,742 compared to 16,091,472 units at just $32,718,333 on Thursday.
Trading averaged 179,121 shares at $2,627,832 compared to 263,795 units at $536,366 on Thursday and month to date, an average of 1,231,003 units at $4,717,442 compared to 1,363,030 units at $4,979,719 on the previous day and March with an average of 828,473 units at $2,341,254.
Sagicor Group led trading with 3.08 million shares for 28.2 percent of total volume followed by Transjamaican Highway with 2.93 million stocks for 26.8 percent of the day’s trade and Wigton Windfarm with 2.60 million units for 23.8 percent of the day’s trade.
The All Jamaican Composite Index sank 1,102.99 points to close at 366,500.95, the JSE Main Index dropped 1,547.35 points to end trading at 326,755.24 and the JSE Financial Index slipped 0.36 points to finish at 70.19.
The Main Market ended trading with an average PE Ratio of 13.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments dipped 70 cents in closing at $73 after an exchange of 3,889 shares, Caribbean Producers fell 40 cents to $9 after 14,680 units passed through the market, First Rock Real Estate sank 85 cents and ended at $8.15 in an exchange of 9,317 shares. Jamaica Broilers dropped $1.10 to end at $32.80 with 45,528 stock units clearing the market, Jamaica Stock Exchange rallied $1.52 to close at $11.58 after an exchange of 211,603 shares, JMMB Group lost 54 cents to finish at $25.45 with investors swapping 36,491 units. Kingston Properties increased 32 cents to $8.07 and closed after two stocks were traded, Margaritaville shed $1.40 to close at $14.10 with traders dealing in 1,004 stocks, Mayberry Group popped 30 cents to end at $7.30 as investors traded 784 shares. NCB Financial climbed $1.50 to $66.50 in switching ownership of 7,884 units, Proven Investments declined by 33 cents to $22.10, with 17,399 stock units crossing the market, Sagicor Real Estate Fund skidded 52 cents to finish at $7.50 in an exchange of 74,563 stock units. Stanley Motta slipped 30 cents to end at $6.80 with investors dealing in 2,000 shares, Supreme Ventures rose 40 cents to finish at $25 with a transfer of 29,121 stocks and Wisynco Group climbed $1 and ended at $22, with 57,591 units changing hands.
In the preference segment, 138 Student Living preference share fell $3 to end at $213 in trading 14 stock units and Sygnus Credit Investments C10.5% gained $4 in closing at $110 after 116 shares crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Muted trading on JSE USD market
Stocks hardly traded on the Jamaica Stock Exchange US dollar market ended on Friday, with a 97 percent plunge in the volume exchanged following a 90 percent fall in value compared with Thursday and resulted in trading in six securities, down from seven on Thursday with prices of two rising, four declining.
The market closed with an exchange of 9,705 shares for US$1,717 down sharply on 326,941 units at US$17,135 on Thursday.
Trading averaged 1,618 units at US$286 versus 46,706 shares at US$2,448 on Thursday, with a month to date average of 35,733 shares at US$2,368 compared with 39,263 units at US$2,583 on the previous day and March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index dipped 0.26 points to finish at 242.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share dipped 0.8 of one cent to end at 4.1 US cents with a transfer of 3,000 stocks, Proven Investments lost 0.09 of a cent in closing at 13.91 US cents, with 286 units crossing the market, Sygnus Credit Investments shed 0.09 of a cent to end at 7.87 US cents with trading of 426 shares and Transjamaican Highway declined 0.03 cent to finish at 2.22 US cents with 4,872 stock units clearing the market.
In the preference segment, JMMB Group US8.5% preference share advanced 0.85 of one cent and ended at US$1.1985 with traders dealing in 1,113 shares and Sygnus Credit Investments E8.5% rose 30 cents to close at US$10.80, with 8 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 40 percent after 167 percent more US dollars were exchanged than on Wednesday, resulting in trading in seven securities, compared to four on Wednesday with prices of three rising, three declining and one ending unchanged.
The market closed with an exchange of 326,941 shares for US$17,135 compared to 233,494 units at US$6,425 on Wednesday.
Trading averaged 46,706 units at US$2,448 versus 58,374 shares at US$1,606 on Wednesday, with a month to date average of 39,263 shares at US$2,583 compared with 38,241 units at US$2,602 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index popped 0.06 points to close at 242.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share rallied 0.83 of one cent to close at 4.9 US cents in switching ownership of 1,000 stock units, Proven Investments skidded 0.76 of one cent to 14 US cents as investors exchanged 3,588 shares, Sterling Investments ended at 1.6 US cents with trading taking place in 14,440 units. Sygnus Credit Investments popped 0.86 of one cent in closing at 7.96 US cents crossing the market 100 stocks and Transjamaican Highway increased 0.02 cent to finish at 2.25 US cents in an exchange of 303,149 shares.
In the preference segment, JMMB Group 5.75% fell 2 cents and ended at US$2.10 after closing with an exchange of 4,650 units and Sygnus Credit Investments E8.5% declined 30 cents to US$10.50 after an exchange of 14 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
3 up 3 down for JSE USD market
Winners and losers shared the spoils in trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, resulting from trading in seven securities, down from nine on Monday with prices of three rising, three declining and one ending firm, following a 149 percent rise in the number of stocks that were exchanged valued moderately more than on Monday.
The market closed with an exchange of 325,197 shares for US$9,274 up from 130,853 units at US$9,068 on Monday.
Trading averaged 46,457 units at US$1,325 versus 14,539 shares at US$1,008 on Monday, with a month to date average of 36,527 shares at US$2,687 compared with 34,790 units at US$2,925 on the previous day and March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index fell 7.02 points to 237.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, MPC Caribbean Clean Energy gained 8 cents in closing at 62 US cents with 15 shares crossing the exchange, Productive Business Solutions skidded 11 cents to US$1.59 with investors trading 214 stocks, Proven Investments fell 0.11 of a cent to close at 14.76 US cents after a transfer of 324 shares. Sterling Investments ended at 1.6 US cents in switching ownership of 3,466 stocks and Transjamaican Highway dipped 0.17 of a cent to 2 US cents after exchanging 320,975 shares.
In the preference segment, Productive Business Solutions 9.25% preference share popped 25 cents to end at US$12.35 with investors swapping 95 stock units and Sygnus Credit Investments E8.5% increased 10 cents in closing at US$10.80 with 108 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling prices dominates the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 38 percent drop in the volume of stocks being exchanged after a 68 percent fall in value from that of Friday, resulting in trading in nine securities, compared to eight on Friday with prices of one rising, five declining and three ending unchanged.
The market closed with an exchange of 130,853 shares for US$9,068 down from 209,773 units at US$28,768 on Friday.
Trading averaged 14,539 units at US$1,008 versus 26,222 shares at US$3,596 on Friday, with a month to date average of 34,790 shares at US$2,925 compared with 40,669 units at US$3,482 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index increased 0.96 points to settle at 244.99.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.02 US cents in an exchange of 652 stocks, First Rock Real Estate USD share lost 0.48 of one cent to close at 4.02 US cents with investors dealing in 41,146 units, Margaritaville ending at 10 US cents in switching ownership of 500 shares. Proven Investments slipped 0.02 of a cent in closing at 14.87 US cents as investors exchanged 3,890 stock units, Sterling Investments sank 0.05 of a cent and ended at 1.6 US cents after trading 11,335 shares, Sygnus Credit Investments ended at 8 US cents with 54,969 stocks clearing the market and Transjamaican Highway dipped 0.01 of a cent to 2.17 US cents after an exchange of 18,184 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained 10 cents in closing at US$12.10 with 77 stock units crossing the market and Sygnus Credit Investments E8.5% fell 10 cents to finish at US$10.70 in an exchange of 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.