The Jamaica Stock Exchange Main Market closed on Wednesday with a 151 percent rise in the volume of stocks traded, valued 207 percent more than on Tuesday, following trading in 59 securities compared to 53 on Tuesday, and leading to prices of 20 rising, 25 declining and 14 ending unchanged.
A total of 13,423,503 shares were exchanged for $91,730,395 versus 5,344,520 units at $29,834,911 on Tuesday.
Trading averaged 227,517 units at $1,554,752 up from 100,840 shares at $562,923 on Tuesday and month to date, an average of 178,757 units at $2,116,105 compared with 173,546 units at $2,176,105 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Stanley Motta led trading with 3.13 million shares for 23.3 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 3.02 million units for 22.5 percent of the day’s trade, Sagicor Select Financial Fund with 1.91 million units for 14.3 percent market share, Wigton Windfarm with 1.48 million units for 11 percent and Jamaica Broilers with 1.17 million units for 8.7 percent market share.
The All Jamaican Composite Index dived 4,989.03 points to 376,426.75, the JSE Main Index fell 3,607.32 points to 333,129.98 and the JSE Financial Index shed 1.42 points to end at 79.20.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Berger Paints fell $1.79 in closing at a 52 weeks’ low of $7.51 with 1,606 shares clearing the market, Caribbean Cement dipped 49 cents to t $57.01 with investors transferring 32,236 stock units, Jamaica Broilers declined $3 to $30 after trading 1,166,690 stocks but only after trading at an intraday high of $34. Jamaica Producers rose $1.85 to end at $21.85 after exchanging 24,713 units, Jamaica Stock Exchange shed 90 cents in ending at $14 with a transfer of 40,399 stocks, JMMB Group fell $1.80 to close at a 52 weeks’ low of $30.70 in switching ownership of 70,187 units. Mayberry Investments lost 49 cents to end at $7.81 with 15,904 stock units changing hands, NCB Financial declined $3.30 to finish at $75 as investors exchanged 17,727 shares, Palace Amusement advanced $39 in closing at $2,439 with the swapping of 235 stock units. Scotia Group fell $1.72 to $32.78 exchanging 25,898 shares, Seprod gained $1.50 to settle at $67 in trading 4,464 stocks, Sygnus Real Estate Finance rallied 95 cents to close at $10 in an exchange of 200 units and Victoria Mutual Investments lost 40 cents to end at $4 in switching ownership of 162,668 units.
In the preference segment, Eppley 5% preference share popped $4.78 ending at $22 with 33 stock units crossing the market and JMMB Group 7.25% preference share rose 47 cents in closing at $3.58 with an exchange of 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jolt to JSE USD Market
A sharp push was given to the Jamaica Stock Exchange US dollar market on Tuesday, even as the volume of stocks changing hands declined 94 percent as the value rose 17 percent over Monday, resulting in 10 securities traded, compared to six on Monday and ended with five rising, one declining and four ending unchanged as the JSE USD Equities Index surged 19.96 points to end at 250.48.
Overall, just 12,060 shares were traded for US$7,847 compared to 189,439 units at US$6,710 on Monday.
Trading averaged 1,206 units at US$785, compared to 31,573 shares at US$1,118 on Monday, with a month to date average of 39,113 shares at US$2,107 compared with 45,431 units at US$2,327 on the previous day. January ended with an average of 48,604 units for US$4,865.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share rose 0.48 of a cent in closing at 7.48 US cents with investors transferring 347 shares, Margaritaville popped 2.98 cents to close at 12.99 US cents with 30 units changing hands, Productive Business Solutions advanced 30 cents to end at US$2.20 after trading two stocks. Proven Investments rallied 0.46 of a cent to 18.99 US cents after exchanging 4,680 stock units, Sterling Investments ended at 1.99 US cents in trading 196 shares, Sygnus Credit Investments USD share remained at 10 US cents, with 167 stocks crossing the market and Sygnus Real Estate Finance USD share remained at 8.5 US cents and closed with 1,526 stock units changing hands.
In the preference segment, Productive Business 9.25% preference share shed 89 cents to close at US$11.11 in an exchange of 161 units, after trading at an intraday 52 weeks’ high of US$14.10, Equityline Mortgage Investment preference share ended at US$1.64 with the transfer of one stock and JMMB Group 6% climbed 1.98 cents in closing at US$1 in switching ownership of 4,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 151 percent rise in the volume of stocks changing hands, valued being 37 percent less than on Friday, resulting from trading in six securities, compared to three on Friday, with two rising, three declining and one ending unchanged.
Overall, 189,439 shares were traded for US$6,710 compared to 75,479 units at US$10,720 on Friday.
Trading averaged 31,573 shares at US$1,118 compared with 25,160 units at US$3,573 on Friday, with a month to date average of 45,431 shares at US$2,327 compared with 46,970 units at US$2,461 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index fell 2.11 points to 230.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share shed 0.39 of a cent to end at 7 US cents with 404 shares crossing the market, Proven Investments lost 0.47 of one cent to end at 18.53 US cents with an exchange of 8,952 stock units, Sygnus Credit Investments USD share rallied 0.48 of one cent in closing at 10 US cents as 28,037 stocks passed through the market and Transjamaican Highway rose 0.07 of a cent to 0.97 of one US cent after exchanging 151,900 units.
In the preference segment, Productive Business 9.25% preference share remained at US$12 with a transfer of 76 units and JMMB Group 6% fell 8.94 cents in closing at 98.02 US cents with 70 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading fell on the Jamaica Stock Exchange US dollar market on Friday, with a 90 percent fall in the volume of stocks changing hands with the value down 48 percent lower than on Thursday, resulting in only three securities trading compared to six on Thursday with two rising, no declining and one ending unchanged.
Overall, 75,479 shares were traded for US$10,720 compared with 768,092 units at US$20,748 on Thursday.
Trading averaged 25,160 units at US$3,573 versus 128,015 shares at US$3,458 on Thursday, with a month to date average of 46,970 shares at US$2,461 compared with 48,253 units at US$2,396 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index advanced 1.00 points to end at 232.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed to include the last traded stock price and earnings per share projected ICInsider.com for companies with financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments climbed 0.47 of a cent in closing at 19 US cents after 38,351 shares were traded, Sygnus Credit Investments USD share gained 0.01 of a cent to close at 9.52 US cents with 20,400 stocks changing hands and Sygnus Real Estate Finance USD share remained at 8.5 US cents after investors traded 16,728 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 155 percent and valued 385 percent more than on Wednesday, resulting in six securities traded, which is similar to that on Wednesday with two rising, three declining and one ending unchanged.
Overall, 768,092 shares were exchanged for US$20,748 compared with 301,506 units at US$4,280 on Wednesday.
Trading averaged 128,015 units at US$3,458, versus 50,251 shares at US$713 on Wednesday, with month to date average of 48,253 shares at US$2,396 compared with 37,618 units at US$2,255 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.15 points to end at 231.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share rose 0.39 of a cent to 7.39 US cents after trading 1,010 shares, Proven Investments declined 0.46 of a cent to close at 18.53 US after trading 1,780 stock units, Sterling Investments climbed 0.18 of a cent in closing at 1.99 US cents with an exchange of 9,531 stocks. Sygnus Credit Investments USD share ended at 9.51 US cents after investors exchanged 40,960 units and Transjamaican Highway dropped 0.06 of a cent after ending at 0.9 of one US cent after a transfer of 709,811 stocks.
In the preference segment, JMMB Group 5.75% fell 4 cents to end at US$1.97 with a transfer of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pull back for JSE USD Market
Trading on Wednesday ended with a 172 percent jump in the volume of stocks changing hands even as the value fell by 79 percent below Tuesday’s level on the Jamaica Stock Exchange US dollar market and resulted in six securities traded, down from nine on Tuesday with one rising, three declining and two ending unchanged.
Overall, 301,506 shares were traded for US$4,280 compared to 110,724 units at US$19,925 on Tuesday.
Trading averaged 50,251 units at US$713 versus 12,303 shares at US$2,214 on Tuesday, with a month to date average of 37,618 shares at US$2,255 compared with 35,675 units at US$2,492 on the previous day. January ended with an average of 48,604 units for US$4,865. The JSE USD Equities Index fell 3.17 points to end at 232.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, Margaritaville shed 2.99 cents in closing at 10.01 US cents in an exchange of 1,306 shares, Proven Investments rose 0.48 of a cent to close at 18.99 US cents after a transfer of 3,524 stocks, Sygnus Credit Investments USD share fell 0.49 of a cent to end at 9.51 US cents, with 7,600 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents trading 1,166 units and Transjamaican Highway dipped 0.01 of a cent, ending at 0.96 of one US cent while exchanging 287,907 units.
In the preference segment, JMMB Group 5.75% remained at US$1.7365 in switching ownership of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.