Trading upturn on JSE USD market  

January 9, 2025 by
The number of shares traded climbed 80 percent with a 22 percent rise in value at the close on Thursday on the Jamaica Stock Exchange US dollar market over the previous day, and similar to Wednesday eight securities were traded, with prices of one rising, five declining and two ending unchanged.

The market closed with an exchange of 590,745 shares for US$30,825 up from 328,177 stocks at US$25,278 on Wednesday. Trading averaged 73,843 shares at US$3,853 compared to 41,022 stocks at US$3,160 on Wednesday, with a month to date average of 67,657 units at US$3,666 compared with 66,604 stocks at US$3,634 on the previous day and December that ended with an average of 229,957 units for US$7,451. The US Denominated Equities Index increased by 0.11 points to end at 234.80. The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025. At the close of the trading activity, AS Bryden remained at 19.44 US cents in an exchange of 94 stock units, First Rock Real Estate USD share skidded 0.29 of one cent and ended at 2.11 US cents with 39,364 shares passing through the market, Sterling Investments lost 0.29 of one cent to close at 1.43 US cents with 2,404 units switching owners. Sygnus Credit Investments shed 0.1 of a cent to end at 6.9 US cents as investors traded 300,027 stocks and Transjamaican Highway ended at 2.79 US cents with 248,655 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preferred share advanced 40 cents to close at US$10.90 in an exchange of 100 stocks. Sygnus Credit Investments US 8% fell 10 cents to US$9.40 with investors trading 100 units and Sygnus Credit Investments E8.5% dipped 29 cents to close at US$9.71 with an exchange of just one stock unit.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Palace leads trading on JSE Main Market

January 9, 2025 by
Palace Amusement led trading with 38 percent of the volume on Thursday following the close of the Jamaica Stock Exchange Main Market, with the volume of stocks traded rising 240 percent and the value 253 percent more than on Wednesday, following the trading of 61 securities compared with 59 on Wednesday, with prices of 20 rising, 31 declining and 10 ending unchanged.

QWI Investments traded at a 52 weeks’ closing high of 98 cents and AS Bryden and Sons traded at an intraday 50 weeks’ low of $29.01.
The market closed with 27,432,042 shares trading for $280,889,896, up from 8,067,093 stock units at $79,460,205 on Wednesday.
Trading averaged 449,706 shares for $4,604,752 up from 136,730 stocks at $1,346,783 previously and month to date, an average of 284,939 stock units at $1,898,115 compared to 252,094 shares at $1,358,557 on the previous day and an average of 967,720 stock units at $18,390,902 in December.
Palace Amusement was the most heavily traded with 10.40 million shares for 37.9 percent of total volume followed by Jamaica Producers with 4.15 million stock units for 15.1 percent of the day’s trade, Victoria Mutual Investments contributed 2.71 million stocks for 9.9 percent market share, Transjamaican Highway chipped in with 2.57 million units for 9.4 percent market share, Wisynco Group delivered 2.05 million stock units for 7.5 percent of the market trade and Wigton Energy ended with 1.06 million stocks for 3.9 percent of total volume.
The All Jamaican Composite Index fell 109.32 points to wrap up trading at 382,789.94, the JSE Main Index skidded 742.17 points to close trading at 332,025.32 and the JSE Financial Index popped 0.14 points to finish trading at 67.05. The Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.1. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the trading activity, Berger Paints dropped $1.01 and ended at $7.36 with investors trading a mere 163 stock units, Caribbean Cement lost $2.49 to close at $89 after an exchange of 7,506 units, Eppley popped $1 to end at $37 with 2,436 shares clearing the market. Eppley Caribbean Property Fund rallied $5.50 to close at $40 after an exchange of 124 stock units, First Rock Real Estate rose 44 cents to close at $9 with 1,173 shares crossing the market, GraceKennedy dipped $2.90 to finish at $75 with an exchange of 124,240 units. Guardian Holdings fell $1 to $309 with 64,339 stocks exchanging owners, Jamaica Broilers climbed 50 cents to end at $41.30 with investors dealing in 4,264 stock units, Jamaica Producers increased 35 cents to $24.35 with 4,150,415 shares passing through the market. Jamaica Stock Exchange slipped 89 cents and ended at $12.50 with 6,988 units switching owners, Massy Holdings sank $2 to close at $84 with investors trading 105,968 stocks, Mayberry Group skidded 40 cents to finish at $8 with 1,750 stock units crossing the exchange. Mayberry Jamaican Equities advanced 44 cents and ended at $11.80 in trading 693 shares, Pan Jamaican sank $5.62 to $51.02 with 753 stock units being traded, Sagicor Group gained $3.33 to finish at $40.98 in an exchange of 1,004,314 stocks. Scotia Group shed $1.30 to close at $50.70 with traders dealing in 56,885 units, Seprod rose $1.30 to close at $85.70 after a transfer of 1,706 shares and Supreme Ventures declined 41 cents to end at $22.59 with 64,867 stock units changing hands.
In the preference segment, Jamaica Public Service 7% advanced $1 in closing at $43 in an exchange of 1,125 units, Jamaica Public Service 9.5% sank $264 to $2,431 with investors swapping only 2 stocks, Productive Business Solutions 10.5% preference share skidded $48 to end at $1,070 with a transfer of 22 units and Sygnus Credit Investments C10.5% lost 35 cents to close at $104.65 as investors exchanged 3,208 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Drop in trading on JSE US dollar market  

January 8, 2025 by
The Jamaica Stock Exchange US dollar market closed on Wednesday, with a 24 percent fall in the volume of stocks traded valued at 49 percent less than on Tuesday, resulting from an exchange of eight securities, down from 12 on Tuesday with prices of one rising, two declining and five ending firm.

The market closed with an exchange of 328,177 shares for US$25,278 compared to 430,771 stocks at US$49,241 on Tuesday. Trading averaged 41,022 shares at US$3,160 compared to 35,898 stocks at US$4,103 on Tuesday, with a month to date average of 66,604 units at US$3,634 compared with 71,852 stocks at US$3,731 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index rallied 1.68 points to close at 234.69. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share ended at 2.4 US cents in an exchange of 7,000 stock units, Productive Business Solutions remained at US$1.45 with traders dealing in a mere 2 units, Proven Investments declined 0.85 of one cent to end at 11.15 US cents with 10,105 shares switching owners. Sygnus Credit Investments remained at 7 US cents after a transfer of 53,152 stock units and Transjamaican Highway rose 0.05 of a cent and ended at 2.79 US cents with 256,630 shares clearing the market.
In the preference segment, Productive Business Solutions 9.25% preferred share shed 20 cents to close at US$10.50 with investors dealing in 730 units. Sygnus Credit Investments US 8% ended at US$9.50 after an exchange of 508 stocks and Sygnus Credit Investments E8.5% remained at US$10 with just 50 stock units traded at the close of the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , ,

Transjamaican grabs half of Main Market trades

January 8, 2025 by
Transjamaican Highway grabbed the bulk of shares traded on Jamaica Stock Exchange Main Market on Wednesday but failed to drive the overall volume traded higher at the close of the market, resulting in a 69 percent decline in the volume changing hands with a slightly lower value than on Tuesday, resulting from trading in 59 securities down from 62 on Tuesday, with prices of 20 stocks rising, 26 declining and 13 ending unchanged.

The market closed with the trading of 8,067,093 shares at $79,460,205, well below the 26,059,234 stock units at $82,370,790 on Tuesday. Trading averaged 136,730 shares at $1,346,783 compared to 420,310 stocks at $1,328,561 on Tuesday and month to date, an average of 252,094 units at $1,358,557, down from 279,650 shares at $1,361,369 on the previous day and December with an average of 967,720 stock units at $18,390,902.

Transjamaican Highway was the lead trade with 3.77 million shares for 46.7 percent of total the  volume followed by Wigton Energy with 1.61 million stocks for 20 percent of the day’s trade and Massy Holdings with 501,936 stock units for 6.2 percent market share.
The All Jamaican Composite Index sank 1,392.44 points to end at 382,899.26, the JSE Main Index dipped 1,037.13 points to 332,767.49 and the JSE Financial Index slipped 0.14 points to settle at 66.91. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and 10 with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the JSE Main Market, Berger Paints climbed $1.12 to end at $8.37 with 2,312 stocks crossing the exchange, Carreras declined 79 cents to close at $14.20 with 234,979 units changing hands, Eppley sank $1.40 to $36 after an exchange of 189 shares. Eppley Caribbean Property Fund shed 97 cents to close at $34.50 with 800 stock units passing through the market, First Rock Real Estate lost $1.33 and ended at $8.56 in an exchange of 1,300 shares, General Accident increased 35 cents to finish at $6.10 with 958 stock units being traded. GraceKennedy popped $2.90 and ended at $77.90 with a transfer of 23,486 units, Jamaica Producers skidded 65 cents to $24 to close with the trading of 24,118 stock units, Mayberry Jamaican Equities fell 45 cents to end at $11.36 with 402 shares switching owners. Pan Jamaica rallied $5.64 to close at $56.64 with traders exchanging 3,421 units, Sagicor Group dropped $2.35 to finish at $37.65 in an exchange of 20,207 stocks, Scotia Group sank $2 to close at $52 after the trading of 22,322 stock units. Supreme Ventures rose 82 cents to $23 after an exchange of 5,502 shares and Sygnus Credit Investments gained 50 cents to close at $12.90 with investors trading 17,783 stocks.
In the preference segment, Jamaica Public Service 7% dropped $1.95 and ended at $42 with 78 units clearing the market and 138 Student Living preference share advanced $29.75 to finish at $255 with investors trading a mere 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading jumps on JSE USD Market

January 7, 2025 by
Trading expanded on the Jamaica Stock Exchange US dollar market closed on Tuesday, with a 149 percent rise in the volume of stocks traded and an 84 percent jump in value over Monday, resulting in an exchange of 12 securities, up from nine on Monday with prices of two rising, five declining and five ending unchanged.

The market closed with an exchange of 430,771 shares for US$49,241 compared to 172,833 stocks at US$26,689 on Monday. Trading averaged 35,898 shares at US$4,103 compared to 19,204 units at US$2,965 on Monday, with a month to date average of 71,852 shares at US$3,731 compared with 87,831 stocks at US$3,566 on the previous day and December that ended with an average of 229,957 units for US$7,451.
The US Denominated Equities Index slipped 2.69 points to close at 233.01.The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 2.4 US cents with traders dealing in 21,000 stocks, Productive Business Solutions increased 0.01 of one cent and ended at US$1.45 after 7,000 units passed through the market, Proven Investments popped 0.5 of a cent to 12 US cents changing hands 80,310 shares. Sterling Investments dipped 0.03 of one cent to close at 1.72 US cents after the trading of 9,811 stock units, Sygnus Credit Investments ended at 7 US cents with 8,904 shares crossing the market, Sygnus Real Estate Finance USD share ended at 5.9 US cents with an exchange of 73 stocks and Transjamaican Highway slipped 0.06 of one cent to 2.74 US cents with 286,230 units clearing the market.
In the preference segment, JMMB Group US8.5% preferred share declined 14.14 cents and ended at US$1 after a transfer of 15,793 stock units, JMMB Group 5.75% shed 30 cents to end at US$1.70 in switching ownership of 1,374 shares. Productive Business Solutions 9.25% preferred share fell 10 cents in closing at US$10.70 after an exchange of 2 stock units, Sygnus Credit Investments US 8% remained at US$9.50 with investors trading 114 stocks and Sygnus Credit Investments E8.5% remained at US$10 in an exchange of 160 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , ,

Wigton Energy powers up JSE Main Market

January 7, 2025 by

Wigton Energy captures more than half of all shares traded on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 97 percent and the value 24 percent lower than on Monday, with trading in 62 securities compared with 63 on Monday, with prices of 21 stocks rising, 24 declining and 17 ending unchanged.

Trading ended with Carreras and Sagicor Select Manufacturing Funds closing at 52 weeks’ highs and Sterling Investments and QWI Investments trading at intraday 52 weeks’ highs.
The market closed with 26,059,234 shares trading for $82,370,790 compared with 13,256,994 stock units at $108,850,117 on Monday. Trading averaged 420,310 shares at $1,328,561 compared to 210,428 stocks at $1,727,780 on Monday and month to date, an average of 279,650 units at $1,361,369 compared with 232,510 shares at $1,372,365 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Wigton Energy led trading with 14.10 million shares for 54.1 percent of total volume followed by Transjamaican Highway with 5.20 million stock units for 20 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund ended with 1.67 million stocks for 6.4 percent of the market volume, JMMB Group 7.35% – 2028 closed with 1.35 million units for 5.2 percent market share and QWI Investments with 1.01 million shares for 3.9 percent of total volume.
The All Jamaican Composite Index advanced 1,216.87 points to wrap up trading at 384,291.70, the JSE Main Index rallied 893.50 points to 333,804.62 and the JSE Financial Index slipped 0.40 points to settle at 67.05. The Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 15.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments fell 40 cents to close at $73.60 with investors trading 509 shares, Caribbean Cement advanced 51 cents to $91.50 with 697 stocks crossing the market, Carreras rose 69 cents in closing at a 52 weeks’ closing high of $14.99 with investors swapping 612,858 shares. Eppley climbed $4.80 to finish at $37.40 and ended up closing after 2,156 stock units changed hands, Eppley Caribbean Property Fund dipped $1.53 and ended at $35.47 with 59 shares clearing the market, General Accident sank 36 cents to end at $5.75 with investors dealing in 30,605 stock units. GraceKennedy shed $2.95 to end at $75 in an exchange of 45,074 units, Jamaica Broilers increased $1.73 to finish at $40.99 with traders dealing in 33,971 stocks, JMMB Group popped 50 cents and ended at $21.40 after a transfer of 78,173 shares.  Lasco Manufacturing rallied 40 cents to end at $8 with 214,975 stock units crossing the market, NCB Financial gained 48 cents to close at $51 with investors trading 87,010 stock units, Pan Jamaica declined $3 to close at $51 after an exchange of 11,613 units. Sagicor Group sank $1 to $40 with a transfer of 8,249 stocks, Scotia Group rose $1.50 to close at $54 after trading 27,388 units, Supreme Ventures skidded $1.52 and ended at $22.18 with an exchange of 32,736 shares. Sygnus Credit Investments lost 55 cents to end at $12.40 with 48,443 stock units passing through the market and Sygnus Real Estate Finance slipped 38 cents to close at $9.90 with trading in 612 shares.
In the preference segment, Eppley 7.75% preference share dropped $3.37 to finish at $19 with a mere 2 units crossing the exchange and 138 Student Living preference share fell $2.75 to $225.25 with 51 stocks switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading sinks on the JSE USD Market

January 6, 2025 by
Trading dived on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded declining 92 percent with a 57 percent lower value than on Friday, resulting in an exchange of nine securities, down from 10 on Friday with prices of four rising, two declining and three ending unchanged.

The market closed following an exchange of 172,833 shares valued at US$26,689, down considerably from 2,139,002 stocks at US$61,591 on Friday. Trading averaged 19,204 shares at US$2,965 down from 213,900 stocks at US$6,159 on Friday, with a month to date average of 87,831 stock units at US$3,566 compared with 122,145 stocks at US$3,866 on the previous trading day and December with an average of 229,957 units for US$7,451.
The US Denominated Equities Index rose 1.11 points to close trading at 235.70. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share rallied 0.2 of a cent to 2.4 US cents with investors trading 3,470 stock units, Margaritaville remained at 6.78 US cents after a transfer of 530 shares, Proven Investments slipped 0.5 of a cent to close at 11.5 US cents, with 26,549 stocks clearing the market. Sygnus Credit Investments ended at 7 US cents in trading 16,971 units, Sygnus Real Estate Finance USD share rose 0.03 of a cent to end at 5.9 US cents after an exchange of 232 stocks and Transjamaican Highway gained 0.07 of a cent in closing at 2.8 US cents with investors trading 123,117 shares.

In the preference segment, Productive Business Solutions 9.25% preferred share slipped 10 cents to US$10.80 with an exchange of 50 stock units, Sygnus Credit Investments US 8% remained at US$9.50 with 1,858 units changing hands and Sygnus Credit Investments E8.5% popped 50 cents in closing at US$10 with investors dealing in 56 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , ,

TransJamaican powers up Main Market

January 3, 2025 by
Transjamaican Highway took a near 68 percent of the quantum of the stocks traded on the Main Market of the Jamaica Stock Exchange on Friday, helping to push the volume of stocks traded up 88 percent and the value 82 percent over Thursday, with a similar number of stocks trading to that on Thursday at 61, with prices of 21 rising, 20 declining and 20 ending unchanged.

The market closed following the trading of 19,423,907 shares for $93,678,407 up from 10,333,431 units at $51,358,952 on Thursday. Trading averaged 318,425 shares at $1,535,712 up from 169,401 stocks at $841,950 on Thursday. Trading for the month to date, averaged 243,913 stock units with a value of $1,188,831, compared with an average of 967,720 stocks at $18,390,902 in December.
Transjamaican Highway was the leading traded stock with 13.10 million shares for 67.5 percent of total volume followed by QWI Investments with 1.39 million stocks for 7.1 percent of the day’s trade, Wigton Energy with 1.38 million units followed for 7.1 percent market share and Sagicor Select Manufacturing & Distribution Fund with 1.16 million shares for 6 percent of total volume.
The All Jamaican Composite Index increased 1,538.96 points to close trading at 388,467.46, the JSE Main Index increased 674.92 points to 336,801.34 and the JSE Financial Index gained 0.04 points to end at 68.08. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading on Friday, Caribbean Cement skidded $5.05 to $86 with 5,551 stocks crossing the market, Carreras popped $1.23 to end at a 52 weeks’ high of $14.48 but traded as high as $15, with 900,914 units traded, First Rock Real Estate sank 45 cents to $9 after an exchange of 14,020 shares. GraceKennedy dipped 67 cents and ended at $78.28 with 8,671 stock units traded, JMMB Group advanced 99 cents to finish at $22.17 with 31,938 shares switching owners, Kingston Properties lost $1.37 to close at $8.22 with 4,607 stock units crossing the exchange. Massy Holdings dropped $3.05 to $84 with a transfer of 485 units, NCB Financial shed 37 cents to finish at $50.53 with investors swapping 130,892 stocks, Pan Jamaica rose $5.46 and ended at $57.96 with 2,731 shares passing through the market. Sagicor Group declined $1.40 to $40 with investors trading 10,183 units and Wisynco Group gained 40 cents to close at $21.90 with an exchange of 19,119 stocks.
In the preference segment, Jamaica Public Service 7% rallied $5.55 to close at $40.55 with 100 stock units clearing the market. Jamaica Public Service 9.5% increased $45 to $2,695 with investors trading 9 shares, 138 Student Living preference share climbed $33 to finish at $228 with a mere 2 stocks crossing the exchange and Sygnus Credit Investments C10.5% increased $3.62 ending at $105 in an exchange of 43 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE USD trading leaps, index drops

January 3, 2025 by
The Jamaica Stock Exchange US dollar market suffered a sizable fall on Friday with the market Index plunging 17.72 points to close trading at 234.60, following a huge 3,489 percent jump in the volume of stocks traded and a 670 percent jump in value over Thursday’s trades, resulting from an exchange of 10 securities, compared with eight on Thursday with the price of one rising, four declining and five ending unchanged.

The market closed with an exchange of 2,139,002 shares valued at US$61,591 compared to 59,603 stocks at US$7,997 on Thursday. Trading averaged 213,900 shares at US$6,159 compared to 7,450 stocks at US$1,000 on Thursday, with a month to date average of 122,145 units at US$3,866 compared to December that ended with an average of 229,957 units for US$7,451.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings computed by ICInsider.com, for companies with financial year ending around August 2025.
At the close, AS Bryden sank 0.56 of one cent in closing at 19.44 US cents after the trading of 100 stock units, First Rock Real Estate USD share declined 0.2 of a cent to 2.2 US cents in an exchange of 278 shares, Margaritaville remained at 6.78 US cents with investors dealing in 318 units. MPC Caribbean Clean Energy ended at 60.5 US cents with 68 stocks switching owners, Productive Business Solutions fell 0.01 of a cent to end at US$1.4499 with 765 units passing through the market, Proven Investments ended at 12 US cents as investors exchanged 1,441 stocks. Sygnus Credit Investments remained at 7 US cents with 2,806 shares clearing the market and Transjamaican Highway slipped 0.25 of one cent to close at 2.73 US cents after an exchange of 2,133,089 stock units.

In the preference segment, Productive Business Solutions 9.25% preference share gained 40 cents to close at US$10.90 with a mere 10 shares changing hands and Sygnus Credit Investments US 8% ended at US$9.50 with 127 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , , , ,

Trading drops into 2025 on JSE USD market

January 2, 2025 by
Trading dropped sharply on the Jamaica Stock Exchange US dollar market to start the new year on a subdued note on Thursday, with a 94 percent drop in the volume of stocks traded, with a 75 percent lower value than on Tuesday, resulting in exchanges of eight securities, down from 11 on Tuesday with prices of five rising, two declining and one ending unchanged.

The market closed with trading in 59,603 shares for US$7,997 down from 926,638 stocks at US$32,454 on Tuesday. Trading closed with an average of 7,450 shares at US$1,000 well below the 84,240 stocks at US$2,950 on Tuesday, with a month to date average of 7,450 units at US$1,000 compared with 229,957 stocks at US$7,451 on the previous day and December that ended with an average of 229,957 units for US$7,451.

The US Denominated Equities Index popped 0.44 points to close trading at 252.31. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Margaritaville ended at 6.78 US cents with 1,000 stock units passing through the market, MPC Caribbean Clean Energy rallied 5.5 cents to end at 60.5 US cents with investors dealing in 270 shares, Proven Investments dipped 0.87 of one cent to close at 12 US cents with 12,628 stocks crossing the market. Sterling Investments rose 0.03 of a cent to finish at 1.75 US cents in an exchange of 3,060 units, Sygnus Credit Investments advanced 0.01 of a cent and ended at 7 US cents with traders dealing in 17,355 stock units, Sygnus Real Estate Finance USD share popped 1.49 cents to close at 5.87 US cents in an exchange of 267 units and Transjamaican Highway fell 0.01 of one cent to 2.98 US cents with 24,623 shares clearing the market.

In the preference segment, Productive Business Solutions 9.25% preference share gained 20 cents to close at US$10.50 as investors exchanged 400 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: , , , , , , , , , ,