Trading dropped on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded plunging 63 percent and the value 61 percent lower, compared with market activity on Thursday, ending with trading in 57 securities as was the case on Thursday, with prices of 26 stocks rising, 16 declining and 15 ending unchanged.
The market closed with 9,443,669 shares trading for a mere $30,041,719 down sharply from 25,385,635 units at $76,122,713 on Thursday.
Trading averaged 165,678 shares at $527,048 compared to 445,362 units at $1,335,486 on Thursday and month to date, an average of 991,657 stocks at $2,327,275 compared to 1,045,463 units at $2,444,547 on the previous day and February that closed with an average of 385,143 stock units at $3,418,046.
Wigton Windfarm led trading with 3.31 million shares for 35 percent of total volume followed by Transjamaican Highway with 3.15 million units for 33.4 percent of the day’s trade and Sagicor Select Financial Fund with 897,196 units for 9.5 percent market share.
The All Jamaican Composite Index increased 1,960.48 points to conclude trading at 368,310.70, the JSE Main Index increased 1,662.57 points to finish at 328,922.67 and the JSE Financial Index advanced 1.13 points to settle at 71.01.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden dropped 50 cents to $39.50 while exchanging 3,189 stock units, Caribbean Cement gained 40 cents to close at $57 in trading 343 shares, Caribbean Producers fell 50 cents in closing at $9.50 with 5,050 stocks clearing the market. First Rock Real Estate rose 88 cents and ended at $9.88 after exchanging 100 units, GraceKennedy advanced $1.74 to end at $75.24 with investors swapping 52,002 shares, Guardian Holdings popped $18 to $369 with an exchange of just two units. Jamaica Broilers increased 30 cents and ended at $33.40, with 28,136 stocks crossing the market, Jamaica Stock Exchange climbed $1.29 in closing at $10.40 with a transfer of 3,774 stock units, Key Insurance rallied 36 cents to end at $2.57, with 94 shares crossing the market. Kingston Properties dipped 43 cents to close at $7.07 in trading 5,360 stock units, Kingston Wharves rose $1.28 to $32.37 and closed with an exchange of 78,002 units, Margaritaville advanced $1.93 in closing at $15.99 with investors transferring a mere two stocks. NCB Financial popped $1.99 to end at $67 after 1,539 shares passed through the market, 138 Student Living lost 50 cents to close at $3.80, with 161,336 stock units changing hands, Pan Jamaica increased $2.57 and ended at $50.08 as investors exchanged 756 units. Proven Investments climbed $1.68 to $23.60 after a transfer of 419 stocks, Scotia Group shed $1 to close at $46, with 4,002 shares crossing the exchange, Seprod rallied 99 cents and ended at $84.50 with investors dealing in 135 stock units and Stanley Motta gained 49 cents to end at $7.49 in an exchange of 16 units.
In the preference segment, Jamaica Public Service 9.5% declined $51 in closing at $2849 with investors trading just one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winning stocks lead JSE USD Market higher
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 183 percent rise in the volume of stocks exchanged after a 50 percent drop in US dollars inflows compared with Thursday, resulting in trading in eight securities, up from four on Thursday with prices of four rising, one declining and three ending unchanged.
The market closed with an exchange of 83,304 shares for US$2,577 compared to 29,463 units at US$5,112 on Thursday.
Trading averaged 10,413 units at US$322 versus 7,366 shares at US$1,278 on Thursday, with a month to date average of 56,108 shares at US$3,878 compared with 59,402 units at US$4,135 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index popped 1.68 points to end the day at 250.71.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. 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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden rallied 0.39 of a cent in closing at 22.4 US cents after trading of 1,400 shares, First Rock Real Estate USD share closed at 4.99 US cents after 7,200 stocks were traded, Margaritaville increased 0.99 of one cent to end at 11 US cents, with 452 shares crossing the exchange. Proven Investments remained at 15.99 US cents with investors swapping 321 stock units, Sterling Investments fell 0.01 of a cent and ended at 1.69 US cents with a transfer of 65 shares, Sygnus Credit Investments ended at 8.7 US cents with 3,327 stocks crossing the market and Transjamaican Highway climbed 0.03 of a cent in closing at 2.19 US cents in an exchange of 70,538 units.
In the preference segment, Sygnus Credit Investments E8.5% rose 40 cents and ended at US$10.80 with traders dealing in one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 90 percent after 58 percent fewer US dollars changed hands than on Wednesday, resulting in trading in four securities, compared to 11 on Wednesday with prices of none rising, three declining and one ending unchanged.
The market closed with an exchange of 29,463 shares for US$5,112 compared to 288,604 units at US$12,293 on Wednesday.
Trading averaged 7,366 units at US$1,278 versus 26,237 shares at US$1,118 on Wednesday, with a month to date average of 59,402 shares at US$4,135 compared with 61,347 units at US$4,241 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index advanced 1.36 points to end at 249.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Proven Investments declined 0.01 of a cent to close at 15.99 US cents with investors swapping 28,004 units, Sygnus Real Estate Finance USD share remained at 12.74 US cents after an exchange of 422 stocks and Transjamaican Highway shed 0.01 of a cent in closing at 2.16 US cents with 984 shares crossing the market.
In the preference segment, Sygnus Credit Investments E8.5% dipped 10 cents to end at US$10.40 while exchanging 53 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading slips on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 29 percent drop in the volume of stocks traded after 64 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to nine on Tuesday with prices of five rising, one declining and five ending unchanged.
The market closed with an exchange of 288,604 shares for US$12,293 compared to 407,861 units at US$34,259 on Tuesday.
Trading averaged 26,237 units at US$1,118 versus 45,318 shares at US$3,807 on Tuesday, with a month to date average of 61,347 shares at US$4,241 compared with 65,370 units at US$4,599 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index gained 2.03 points to 247.67.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden remained at 22.01 US cents with a transfer of just one stock unit, First Rock Real Estate USD share rose 0.49 of one cent to 4.99 US cents with investors dealing in 10,961 shares, Margaritaville rallied 0.01 of a cent in closing at 10.01 US cents in an exchange of 110 stocks. Productive Business Solutions ended at US$1.70, with 27 units changing hands, Proven Investments ended at 16 US cents with after trading 12,171 shares, Sterling Investments remained at 1.7 US cents after 276 stocks passed through the market. Sygnus Credit Investments increased 1.29 cents to close at 8.7 US cents while exchanging 1,934 units, Sygnus Real Estate Finance USD share ended at 12.74 US cents after trading 1,373 stock units and Transjamaican Highway popped 0.1 of a cent in closing at 2.17 US cents after an exchange of 260,050 shares.
In the preference segment, JMMB Group US8.5% preference share popped 0.1 of a cent and ended at US$1.17 with investors swapping 1,498 units and Sygnus Credit Investments E8.5% slipped one cent to US$10.50 after a transfer of 203 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks edged out risers on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 136 percent after a 25 percent fall in the amount of US dollars changing hands than on Monday, resulting in trading in nine securities, compared to 11 on Monday with prices of three rising, four declining and two ending unchanged.
The market closed with an exchange of 407,861 shares for US$34,259 compared to 172,660 units at US$45,981 on Monday.
Trading averaged 45,318 units at US$3,807 versus 15,696 shares at US$4,180 on Monday, with a month to date average of 65,370 shares at US$4,599 compared with 67,444 units at US$4,681 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index skidded 2.77 points to end the day at 245.64.
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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden sank 0.14 of a cent to close at 22.01 US cents in an exchange of 150 units, First Rock Real Estate USD share remained at 4.5 US cents with investors trading 2,043 stocks, Margaritaville ended at 10 US cents in switching ownership of 1,266 shares. Proven Investments climbed 0.9 of one cent in closing at 16 US cents while exchanging 134,548 stock units, Sygnus Credit Investments dipped 1.58 cents and ended at 7.41 US cents with 100,173 shares clearing the market, Sygnus Real Estate Finance USD share rose 2.25 cents to a 52 weeks’ high of 12.74 US cents after a transfer of 504 units and Transjamaican Highway lost 0.11 of a cent and ended at 2.07 US cents, with 167,984 stocks crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share advanced 0.9 of one cent in closing at US$1.169 with investors swapping 1,183 stock units and Sygnus Credit Investments E8.5% fell 29 cents to close at US$10.51, with 10 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in trading funds in JSE USD Market
Investors traded more securities on the Jamaica Stock Exchange US dollar market on Monday than on Friday, but the volume of stocks exchanged declined by 34 percent after 136 percent more US dollars passed through the market than on Friday, resulting in trading in 11 securities, up from nine on Friday with prices of two rising, three declining and six ending unchanged.
The market closed with an exchange of 172,660 shares for US$45,981 compared to 262,328 units at US$19,513 on Friday.
Trading averaged 15,696 units at US$4,180 versus 29,148 shares at US$2,168 on Friday, with a month to date average of 67,444 shares at US$4,681 compared with 74,934 units at US$4,754 on the previous trading day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index lost 0.78 points to close at 248.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.15 of a cent to 22.15 US cents after a transfer of 1,800 units, First Rock Real Estate USD share remained at 4.5 US cents after trading 2,000 stocks, Margaritaville ended at 10 US cents after an exchange of 100 shares. Productive Business Solutions dipped 3 cents and ended at US$1.70 with 100 stock units clearing the market, Proven Investments remained at 15.1 US cents after an exchange of 54,910 shares, Sterling Investments ended at 1.7 US cents with investors transferring 32,650 stocks. Sygnus Credit Investments remained at 8.99 US cents after 4,630 units crossed the exchange, Sygnus Real Estate Finance USD share ended at 10.49 US cents with a transfer of 8,553 stock units and Transjamaican Highway fell 0.01 of a cent in closing at 2.18 US cents as investors exchanged 42,737 shares.
In the preference segment, JMMB Group US8.5% preference share declined 3.9 cents and ended at US$1.16, with 24,699 units crossing the market and Sygnus Credit Investments E 8.5% rallied 40 cents to US$10.80 in an exchange of 481 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.