Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 99 percent valued being 100 percent lower than the huge trades that took place on Thursday, resulting in trading seven securities, compared to six on Thursday with none rising, five declining and two ending unchanged.
Overall, 273,362 shares were traded for US$7,044 compared with 21,983,490 units at US$1,628,700 on Thursday.
Trading averaged 39,052 shares at US$1,006 down from 3,663,915 units at US$271,450 on Thursday. The average trade month to date amounts to 182,063 shares at US$15,023 compared to 190,136 units at US$15,814 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index fell 1.66 points to end at 215.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share shed 0.01 of a cent to to close at 6.07 US cents after investors traded 900 shares, Margaritaville dipped 0.04 of a cent to end at 10.95 US cents with an exchange of 87 units, Proven Investments lost 0.5 of a cent to close at 17 US cents in switching ownership of 4,964 stocks. Sygnus Credit Investments dipped 0.5 of a cent to end at 9 US cents with traders exchanging 3,900 stock units, Sygnus Real Estate Finance USD share remained at 7.18 US cents with investors transferring 858 stocks and Transjamaican Highway fell 0.06 of a cent in ending at 0.88 of one US cent in an exchange of 260,960 shares.
In the preference segment, JMMB Group 5.75% ended at US$2 with the trading of 1,693 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 21,983,490 shares were traded for US$1,624,041 up from 193,894 shares for US$13,133 on Wednesday.
At the close, First Rock Real Estate USD share slipped 0.42 of a cent to end at 6.08 US cents in an exchange of 19,350,000 shares, Proven Investments rose 1 cent to 17.5 US cents, with 2,631,050 stocks clearing the market. Sterling Investments rose 0.022 cents to close at 2 cents after trading just 5 shares, Sygnus Credit Investments slipped 0.05 cents to 09.5 US cents after 250 units crossing the market and Transjamaican Highway popped 0.04 of a cent to close at 0.94 of one US cent with a transfer of 1,800 shares.
A total of 5,709,003 shares were traded for $49,903,876 versus 15,400,994 units at $41,503,503 on Wednesday.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Key Insurance gained 50 cents in closing at $3.50, with 70,472 units crossing the market. Kingston Properties dipped 62 cents to $6.30, with an exchange of 133,315 stock units, Kingston Wharves increased $2.24 to $33.29 after a transfer of 5,235 stocks, Massy Holdings popped $10 in closing at $90 with an exchange of 35,865 shares. NCB Financial shed $1.50 to close at $71 with the swapping of 12,507 stock units, Portland JSX fell $1.59 to $9.90 with an exchange of 13,434 shares, Proven Investments climbed $1.73 to end at $28.23 while exchanging 907 stocks. Scotia Group dipped 88 cents to end at $34.06, with 13,977 units clearing the market, Seprod advanced $2.79 to close at $66.82, with 176,511 stocks changing hands, Sterling Investments increased 44 cents in ending at $2.96 after trading 13,068 units. Supreme Ventures lost 75 cents in closing at $24.25 in an exchange of 91,005 shares and Sygnus Real Estate Finance gained 77 cents to end at $9.97 with just one unit passed through the market.
In the preference segment, Jamaica Public Service 7% climbed $56.46 ending at another record high of $350 with a transfer of 2,037 stocks and Jamaica Public Service 9.5% popped $450 in closing at $3000 with the swapping of 3 units.
Investors traded 193,894 shares for US$13,133, down from 223,523 units at US$16,568 on Tuesday.
At the close, First Rock Real Estate USD share rose 0.1 of a cent to 6.5 US cents after an exchange of 30 shares, Productive Business Solutions remained at US$1.75 trading one stock unit, Proven Investments lost 1.5 cents in closing at 16.5 US cents, with 21,425 stocks clearing the market. Sygnus Real Estate Finance USD share rallied 1.08 cents to 7.18 US cents after three units crossed the market and Transjamaican Highway dipped 0.06 of a cent to close at 0.9 of one US cent with a transfer of 171,800 shares.
A total of 15,400,994 shares were traded for $41,503,503 down from 47,132,067 units at $105,575,678 on Tuesday.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Jamaica Producers advanced 76 cents to $21.75 after an exchange of 13,940 units, Kingston Wharves declined $3.43 to close at $31.05 with investors trading 12,000 stock units, Margaritaville dropped 64 cents to $17 with investors transferring 168 stocks. NCB Financial gained $4.50 to end at $72.50 after investors traded 214,024 stock units, PanJam Investment rallied $1.99 to end at $53.99, trading 12,261 units, Proven Investments dipped $1.87 to close at $26.50, with 1,529 shares clearing the market, Radio Jamaica closed at a 52 weeks closing low of $1.64 after falling 6 cents in trading 3,500 shares, Scotia Group climbed 94 cents to $34.94 with the swapping of 5,635 stock units, Seprod fell $3.85 to $64.03 with a transfer of 160 stocks and Sterling Investments shed 44 cents in ending at $2.52 with 5,086 units changing hands.
In the preference segment, Jamaica Public Service 7% popped $43.54 to close at a new record high of $293.54 in an exchange of 502 shares.
A total of 47,132,067 shares were exchanged for $105,575,678 compared to 12,642,427 units at $81,389,720 on Monday.
to 362,932.88, the JSE Main Index fell 1,543.61 points to 321,896.20 and the JSE Financial Index lost 1.24 points to end at 74.41.
Jamaica Producers gained 74 cents to close at $20.99 with 4,304 stocks crossing the exchange. JMMB Group popped 48 cents in closing at $30 after trading 388,135 stock units after hitting a new 52 weeks’ low of $29, Mayberry Investments advanced 41 cents to $8.21 after an exchange of 1,011 shares, NCB Financial shed $1.69 to hit a 52 weeks’ closing low of $68 as 45,814 stock units passed through the market. PanJam Investment declined $4.50 to end at $52 after a transfer of 20,023 shares, Proven Investments climbed $1.86 to $28.37 as investors exchanged 6,216 stocks, Seprod rallied $5.87 in closing at $67.88 in an exchange of 1,379 units. Sterling Investments advanced 41 cents to close at $2.96 with a transfer of 54,910 units and Wisynco Group fell 40 cents to end at $16.60 with 95,712 shares clearing the market.
In the preference segment, Jamaica Public Service 7% popped $50 to record high of $250, with 306 stock units crossing the market.
Investors traded 223,523 shares for US$16,568 up from 11,094 units at US$1,234 on Monday.
Proven Investments ended at 18 US cents as investors traded 3,447 stocks, Sterling Investments dipped 0.22 of a cent to close at 1.78 US cents after the trading of 40,000 units. Sygnus Credit Investments ended at 10 US cents with 5,069 stock units passed through the market, Sygnus Real Estate Finance USD share declined 1.08 cents to end at a 52 weeks’ low of 6.1 US cents while exchanging 509 units and Transjamaican Highway increased 0.02 of a cent in closing at 0.96 of one US cent, with 167,133 stock units crossing the market.
Only 11,094 shares were traded for a mere US$1,234 compared to 47,009 units at US$5,749 on Friday.
At the close, Margaritaville ending at 10.99 US cents after 1,112 shares passed through the market, Proven Investments popped 2 cents to 18 US cents with an exchange of 276 stocks, Sterling Investments rose 0.25 of a cent to close at 2 US cents with investors transferring 497 stock units. Sygnus Credit Investments remained at 10 US cents in an exchange of 5,685 units and Transjamaican Highway ending at 0.94 of one US cent, with 3,178 units changing hands.
A total of 12,642,427 shares were exchanged for $81,389,720 versus 6,908,564 units at $81,081,310 on Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Mayberry Investments dropped $1 to $7.80 after an exchange of 430,294 stocks, NCB Financial dipped $2.31 to a 52 weeks’ low of $69.69 in an exchange of 49,530 units, PanJam Investment rose $2.50 to close at $56.50 in trading 57,273 stock units. Proven Investments advanced 51 cents to $26.51, with 2,510 stock units clearing the market, Scotia Group declined $1 to $34 in an exchange of 62,062 stocks, Seprod shed $1.39 in ending at $62.01, with 11,256 shares crossing the market. Sterling Investments lost 41 cents to end at $2.55 with a transfer of 65,854 units, Supreme Ventures dipped 88 cents in closing at $25 while exchanging 156,110 stocks and Wisynco Group fell 40 cents to close at $17 with an exchange of 28,984 stock units.
In the preference segment, Jamaica Public Service 7% lost $21.51, ending at $200 after a transfer of just three units and 138 Student Living s preference share dropped $7.43 to $70, trading three shares.
Overall, 47,009 shares were traded, for US$5,749 compared with 430,568 units at US$30,840 on Thursday.
Sygnus Credit Investments ended at 10 US cents, with 25,179 stocks changing hands. Sygnus Real Estate Finance USD share ended at 7.18 US cents with investors transferring 20 stock units and Transjamaican Highway lost 0.01 of a cent to close at 0.94 of one US cent while 3,249 shares passed through the market.
