Trading picked on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded rising 10 percent with an 85 percent greater value than on Wednesday as declining stocks exceeded those rising.
Trading accounted for 56 securities on Thursday and Wednesday, with 18 rising, 23 declining and 15 ending unchanged.
A total of 10,333,128 shares were traded for $164,852,282, up from 9,365,107 units at $89,019,484 on Wednesday.
Trading averages 184,520 units at $2,943,791, versus 167,234 shares at $1,589,634 on Wednesday. Month to date, trading averaged 185,910 units at $1,996,690, compared to 186,265 units at $1,754,509 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
The All Jamaican Composite Index popped 1,484.03 points to settle at 436,648.80, the JSE Main Index rallied 331.94 points to 381,902.96 and the JSE Financial Index advanced 0.09 points to settle at 90.34.
Wigton Windfarm led trading with 2.17 million shares for 21 percent of total volume, followed by JMMB Group with 1.96 million units for 19 percent of the day’s trade. Sagicor Select Financial Fund ended with 1.42 million units for 13.7 percent market share and Transjamaican Highway with 1.38 million units for 13.3 percent of shares transferred.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement lost $2 in closing at $62 while exchanging 21,813 shares, Eppley Caribbean Property Fund declined $1 in ending at $39.50 and trading 2,118 units, GraceKennedy shed 45 cents to close at $102.19 in an exchange of 30,898 stock units. Guardian Holdings dropped $19.79 to end at $502 after trading 1,135 stocks, Jamaica Broilers fell $2.10 to $25.90 and closed with 46,373 stock units changing hands, Jamaica Producers gained 87 cents to close at $21.97, with an exchange of 9,299 units. Jamaica Stock Exchange climbed 44 cents to $18.50 with 1,083 shares clearing the market, Kingston Wharves advanced $1.29 to $38.99 with the swapping of 28 stocks, Massy Holdings shed $1 in closing at $94 with an exchange of 111 shares. Mayberry Investments declined 79 cents to end at $9.20 in switching ownership of 303 stock units, NCB Financial fell $1 to $98, with 275,137 stocks crossing the market, PanJam Investment rallied $1 to end at $66witg 4,065 units changing hands. Portland JSX popped $1.35 to $11.85 after trading 90 units, Proven Investments increased $3 to close at $36, with 9,446 shares crossing the market, Sagicor Group dropped $1 in closing at $54 in exchanging 104,607 stock units. Stanley Motta rose 58 cents to close at $5.58 in exchanging 30,300 stocks, Sterling Investments climbed 40 cents in closing at $2.90 after trading 18,904 stock units, Sygnus Credit Investments fell 75 cents to $14 in transferring 89,703 stocks and Sygnus Real Estate Finance shed $2 to $13 while exchanging 1,922 shares.
In the preference segment, Eppley 7.25% preference share fell 99 cents to end at $21 with the swapping of 50 units and Eppley 7.50% preference share popped 69 cents to end at $7.59, with 50 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD market
The Jamaica Stock Exchange, US dollar market, closed trading on Thursday, with the volume of stocks traded rising 15 percent over Wednesday as the value jumped 216 percent, resulting in five securities trading, compared to six on Wednesday, with three rising, one declining and one ending unchanged.
A total of 499,825 shares were traded for US$49,241 up from 435,401 units at US$15,558 on Wednesday. Trading averaged 99,965 units at US$9,848, compared to 72,567 shares at US$2,593 on Wednesday, with a month to date average of 39,536 shares at US$3,120 versus 27,450 units at US$1,774 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities gained 1.01 points to end at 214.80. 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 up to August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share gained 0.16 of a cent to end at 8 US cents after exchanging 304,380 shares, Productive Business Solutions finished at US$1.14 in trading 87 stocks, Proven Investments shed 0.19 of a cent to 24.3 US cents with 50 units clearing the market and Sygnus Credit Investments USD share increased 0.48 of a cent in closing at 12.98 US cents, with 195,291 stock units crossing the exchange.
In the preference segment, JMMB Group 6% popped 9.9 cents to close at US$1.11 with an exchange of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on JSE USD Market
Trading jumped sharply on Wednesday, with the volume of stocks traded surging 1,453 percent and the value climbing 460 percent higher than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in an exchange of six securities, similar to Tuesday, as two gained, four declined and none unchanged.
Overall, 435,401 shares traded for US$15,558 up from 28,042 units at US$2,776 on Tuesday. Trading averaged 72,567 units at US$2,593, versus 4,674 shares at US$463 on Tuesday, with a month to date average of 27,450 shares at US$1,774 versus 13,203 units at US$1,515 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index lost 1.09 points to end at 213.79 points.
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 up to August 2023.
Investor’s Choice bid-offer indicator shows two ended with bids higher than the last selling prices and none with lower offers.
At the close, Proven Investments increased 0.79 of a cent to 24.49 US cents after exchanging 6,293 shares, Sterling Investments lost 0.2 of a cent to end at 1.9 US cents with the swapping of 14,608 units, Sygnus Credit Investments USD share popped 0.47 of one cent to close at 12.5 US cents, with 9,636 stocks changing hands and Transjamaican Highway dropped 0.05 of a cent in ending at 0.95 of one US cent in switching ownership of 400,582 stock units.
In the preference segment, Equityline Mortgage Investments preference share declined 3 cents to US$1.67, with 176 units crossing the exchange and JMMB Group 5.75% shed 24.3 cents to end at US$2.057 in trading 4,106 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives for JSEUSD stocks
At the close of the Jamaica Stock Exchange US dollar market on Tuesday, trading ended with a sharp 80 percent drop in the volume of stocks exchanged, with a 76 percent fall in the value compared to Monday.
Trading ended with an exchange of six securities, up from three on Monday, with two each shared amongst stocks rising, declining and holding firm.
The JSE USD Denominated Equities Index slipped 0.26 points to 214.88.
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 up to August 2023.
Overall, 28,042 shares traded, for US$2,776 down from 137,400 units at US$11,473 on Monday. Trading averaged 4,674 units at US$463, compared to 45,800 shares at US$3,824 on Monday, with a month to date average of 13,203 shares at US$1,515 versus 17,139 units at US$2,001 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, Margaritaville ended trading 462 shares at 14.99 US cents, Productive Business Solutions fell 1 cent to end at US$1.14 after exchanging 43 stocks, Proven Investments dipped 0.3 of one cent to close at 23.7 US cents, with 7,225 units changing hands and Sygnus Credit Investments USD share advanced 0.03 of a cent to 12.03 US cents, with 6,680 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rose on JSE USD market on Monday
The volume of stocks traded rose 61 percent, with a 21 percent higher value than on Friday at the close of the Jamaica Stock Exchange US dollar market on Monday, resulting in more stocks declining than rising.
Overall, 137,400 shares were traded for US$11,473 compared to 85,406 units at US$14,539 on Friday. Trading averaged 45,800 units at US$3,824, compared to 8,541 shares at US$1,454 on Friday, with a month to date average of 17,139 shares at US$2,001. June ended with an average of 71,901 units for US$8,793.
A total of three securities traded, down sharply from 10 on Friday, with one rising, two declining and none unchanged.
The JSE US Denominated Equities Index gained 1.05 points to end at 215.14. 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 up to August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments dropped 0.75 of one cent to 24 US cents in trading 34,047 shares and Transjamaican Highway advanced 0.02 of a cent after ending at 0.98 US cents in exchanging 101,053 units.
In the preference segment JMMB Group 6% fell 8.9 cents to close at US$1.011 after trading 2,300 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners & losers split JSE USD market
Trading pulled back on Friday, from Thursday levels with the volume of stocks traded declining 66 percent less and the value 70 percent lower at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising than declining.
A total of 10 securities traded, up from six on Thursday with four rising, four declining and two ending unchanged.
Overall, 85,406 shares traded, for US$14,539 versus 252,463 units at US$48,827 on Thursday. Trading averaged 8,541 units at US$1,454, down from 42,077 shares at US$8,138 on Thursday. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index gained 2.44 points to end at 214.09.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to 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 Capital USD share rallied 0.79 of a cent to 7.84 US cents in trading 210 shares, MPC Caribbean Clean Energy remained at US$1.38, with 21 stock units crossing the market, Productive Business Solutions increased 1 cent to US$1.15 after just one stock crossed the exchange. Proven Investments shed 0.22 of a cent to close at 24.75 US cents in exchanging 58,539 units, Sterling Investments declined 0.02 of a cent to close at 2.1 US cents with 8,471 stock units clearing the market, Sygnus Credit Investments USD share fell 0.5 of a cent in closing at 12 US cents with an exchange of 3,614 units. Sygnus Real Estate Finance USD share ended at 12 US cents and 72 shares changed hands and Transjamaican Highway lost 0.04 of a cent to close at 0.96 of one US cent and closed, with 14,424 stocks trading.In the preference segment, JMMB Group 5.75% advanced 5 cents to end at US$2.30 trading one unit and JMMB Group 6% rallied 5 cents to US$1.10 in an exchange of 53 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.