Trading ended with a 27 percent decline in the volume of stocks passing through the Jamaica Stock Exchange Main Market on Friday, with the value rising 292 percent over Thursday and ended with trading in 51 securities down from 56 on Thursday, with 21 rising, 20 declining and 10 ending unchanged.
A total of 9,464,712 shares were exchanged for $128,636,676 versus 12,878,672 units at just $32,824,074 on Thursday.
Trading averaged 185,583 shares at $2,522,288 versus 229,976 shares at $586,144 on Thursday and month to date, an average of 144,740 units at $1,455,847 compared with 141,929 units at $1,382,448 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 3.84 million shares for 40.6 percent of total volume followed by Sagicor Select Financial Fund with 1.05 million units for 11.1 percent of the day’s trade and Transjamaican Highway with 964,522 units for 10.2 percent market share.
The All Jamaican Composite Index dipped 921.76 points to 386,062.55, the JSE Main Index declined 214.32 points to 340,731.16 and the JSE Financial Index slipped 0.23 points to settle at 81.28.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.9 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 eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined 92 cents to $90.09 in exchanging 4,562 shares, Berger Paints fell $1.15 in closing at $9.50 with investors transferring 1,199 stock units, Caribbean Producers rallied 60 cents to end at $11.50 with an exchange of 7,712 units. Eppley advanced $1.88 to $40.88 after trading 1,150 stocks, Eppley Caribbean Property Fund climbed $6.50 ending at $49.50 after a transfer of 20 shares, First Rock Real Estate gained 88 cents to close at $12.80 after 12 stocks crossed the market. GraceKennedy shed $1.05 to finish at $79 with the swapping of 185,510 units, Jamaica Producers lost 89 cents to end at $20 after an exchange of 152,479 stock units, JMMB Group popped 51 cents to close at $34.40 as investors traded 63,698 shares. Kingston Wharves dipped 48 cents to $34.52 with 1,560 stocks changing hands, Mayberry Investments rose 87 cents to $8.87 with a transfer of 8,489 units, Mayberry Jamaican Equities dropped $1.10 to close at $11.90 in trading 35,760 stock units. NCB Financial shed $1.40 after ending at $78.60 in switching ownership of 132,060 shares, 138 Student Living rallied 65 cents to close at $4.97 after 190 stocks cleared the market, Palace Amusement traded 252 shares with a gain of 2 cents to close at a 52 weeks’ high of $2,100, PanJam Investment declined $3.09 in closing at $55.01 with the swapping of 16,506 units. Seprod advanced $1.54 to $68.99 after an exchange of 11,020 stock units, Sygnus Credit Investments dipped 42 cents to end at $12.58 with 41,177 shares changing hands and Sygnus Real Estate Finance rose $1.35 to close at $10.35 in switching ownership of 4,253 stock units.
In the preference segment, Eppley 7.50% preference share shed 98 cents in closing at $5.62 in exchanging 25,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD stocks dip on increased volume
Trading activity jumped on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks changing hands rising 54 percent valued 241 percent more than on Thursday, resulting in the trading of seven securities, compared to eight on Thursday with three rising, four declining and no ending unchanged.
Overall, 590,378 shares were traded for US$81,708 compared with 384,296 units at US$23,978 on Thursday.
Trading averaged 84,340 units at US$11,673 versus 48,037 shares at US$2,997 on Thursday, with a month to date average of 37,630 shares at US$3,714 up from 34,657 units at US$3,207 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index dipped 0.89 points to end at 218.24.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share inched 0.01 of a cent higher to 7.01 US cents 20,150 shares crossing the exchange, Proven Investments shed 1 cent to close at 19 US cents in an exchange of 385,657 stock units, Sterling Investments rose 0.04 of a cent to 1.99 US cents after trading 500 units. Sygnus Credit Investments USD share dropped 0.2 of a cent to 9.5 US cents with the swapping of 45,995 stocks, Sygnus Real Estate Finance USD share dipped 0.02 of a cent in closing at 10.98 US cents in an exchange of 73 shares and Transjamaican Highway fell 0.04 of a cent to 0.91 of one US cent in switching ownership of 138,000 stock units.
In the preference segment, Productive Business 9.25% preference share gained 45 cents in ending at US$11 with a transfer of just three stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE USD market
Prices fell on the Jamaica Stock Exchange US dollar market ended on Thursday and pulled the market index down sharply following a 12 percent decline in the volume of stocks changing hands as the value dropped 53 percent compared with Wednesday, resulting in eight securities trading, compared to five on Wednesday with one rising, four declining and three ending unchanged.
The JSE US Denominated Equities Index dropped 10.15 points to end at 219.13.
Overall, 384,296 shares were traded for US$23,978 down from 437,499 units at US$50,829 on Wednesday.
Trading averaged 48,037 shares at US$2,997 compared to 87,500 shares at US$10,166 on Wednesday, with a month to date average of 34,657 shares at US$3,207 compared with 33,608 units at US$3,224 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share shed 0.2 of a cent to close at 7 US cents while exchanging 283,417 shares, Productive Business Solutions dipped 14 cents to end at US$1.55 with a transfer of 229 stock units, Proven Investments popped 0.95 of one cent in closing at 20 US cents after a transfer of 11,632 stocks. Sterling Investments ended at 1.95 US cents with 13,576 units crossing the exchange, Sygnus Credit Investments USD share slipped 0.3 of a cent to 9.7 US cents after a transfer of 3,026 stocks, Sygnus Real Estate Finance USD share ended at 11 US cents after exchanging 1,353 units and Transjamaican Highway declined 0.01 of a cent in closing at 0.95 of one US cent in an exchange of 71,000 stock units.
In the preference segment, JMMB Group 6% remained at US$1 with the swapping of 63 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume of stocks jumps higher
Trading picked up sharply on the Jamaica Stock Exchange US dollar market on Wednesday, with a 797 percent rise in the volume of stocks changing hands, valued 463 percent more than on Tuesday and resulting in the trading of five securities, compared to nine on Tuesday with none rising, two declining and three ending unchanged.
A total of 437,499 shares were traded for US$50,829, up sharply from 48,759 units at US$9,034 on Tuesday.
Trading averaged 87,500 units at US$10,166 compared with 5,418 shares at US$1,004 on Tuesday, with a month to date average of 33,608 shares at US$3,224 compared with 30,830 units at US$2,866 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index gained 2.87 points to end at 229.28.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and two with lower offers.
At the close, Proven Investments declined 0.85 of a cent to close at 19.05 US cents with 49,271 shares clearing the market, Sygnus Credit Investments USD share remained at 10 US cents exchanging 360,215 units and Transjamaican Highway lost 0.01 of a cent in closing at 0.96 of one US cent after trading 23,300 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 with 58 stocks changing hands and JMMB Group 6% ended at US$1 in switching ownership of 4,655 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading levels plunge of JSE USD market
Trading on the Jamaica Stock Exchange US dollar market declined sharply on Tuesday, with the volume of stocks changing hands falling 70 percent and the value 70 percent lower than on Monday, resulting from trading in nine securities, compared with five on Monday with one rising, four declining and four ending unchanged.
Just 48,759 shares were traded for US$9,034 down from 162,532 units at US$29,630 on Monday.
Trading averaged 5,418 units at US$1,004 versus 32,506 shares at US$5,926 on Monday, with a month to date average of 30,830 shares at US$2,866 compared to 33,429 units at US$3,056 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index rose 0.19 points to end at 227.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.59 of a cent to close at 7.2 US cents in trading 38,000 shares, MPC Caribbean Clean Energy ended at 60 US cents with a transfer of 175 stock units, Productive Business Solutions remained at US$1.69 and finishing with eight units changing hands. Sygnus Credit Investments J$ share ended at 13.28 US cents as 223 stocks passed through the market, Sygnus Credit Investments USD share ended at 10 US cents with 6,103 shares clearing the exchange, Sygnus Real Estate Finance USD share declined 1.4 cents to end at 11 US cents in trading 832 stocks and Transjamaican Highway gained 0.02 of a cent in closing at 0.97 US cents after trading 205 stock units.
In the preference segment, JMMB Group 5.75% shed 30 cents to close at US$2, with 2,225 units changing hands and JMMB Group 6% lost 9.01 cents in ending at US$1 after 988 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume climbs on the JSE USD market
Trading activity was fairly steady on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks changing hands rising 271 percent and valued 347 percent more than on Friday, resulting in trading in five securities, compared to 10 on Friday with three rising, one declining and one ending unchanged.
A total of 162,532 shares were exchanged for US$29,630 versus 43,767 units at US$6,623 on Friday.
Trading averaged 32,506 units at US$5,926 versus 4,377 shares at US$662 on Friday, with month to date average of 33,429 shares at US$3,056 compared with 33,484 units at US$2,883 on the previous trading day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index slipped 0.10 points to end at 227.22.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share popped 0.29 of a cent to end at 7.79 US cents after 34 shares were traded, Proven Investments increased 0.9 of one cent ending at 19.9 US cents as investors exchanged 153,626 stocks, Sterling Investments ended at 1.95 US cents after exchanging 8,685 stock units and Sygnus Credit Investments J$ share declined 0.34 of one cent in closing at 13.28 US cents with a mere eight units changing hands.
In the preference segment, JMMB Group 6% climbed 4.01 cents to close at US$1.0901 as 179 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.