Some 208 percent more funds entered the Jamaica Stock Exchange US dollar market on Thursday over Wednesday and led to the volume of stocks traded rising 77 percent from that on the previous day, resulting in 11 securities changing hands, compared to eight on Wednesday with four rising, three declining and four ending unchanged.
The JSE US Denominated Equities Index dropped 11.85 points, or 5.6 percent, to 211.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of 257,178 shares traded for US$48,070, up from 145,513 units at US$15,594 on Wednesday. Trading averaged 23,380 units at US$4,370, compared to 18,189 shares at US$1,949 on Wednesday, with a month to date average of 42,005 shares at US$2,806 versus 43,699 units at US$2,664 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share shed 0.04 of a cent to end at 7.9 US cents in trading 42 shares, Margaritaville ended unchanged at 15 US cents, with 12 stocks clearing the market, Productive Business Solutions declined 20 cents to 98 US cents in exchanging 1,002 units. Proven Investments advanced 0.05 of one cent in closing at 26.5 US cents with 148,102 stock units changing hands, Sterling Investments climbed 0.16 of a cent to close at 2.16 US cents an exchange of 2,165 stock units, Sygnus Credit Investments USD share increased 0.59 of a cent to 12.99 US cents after exchanging 43 shares. Sygnus Real Estate Finance USD share finished at 12.5 US cents after trading 2,293 units and Transjamaican Highway fell 0.02 of a cent to 1 US cent after 100,000 stocks changed hands.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.70 in an exchange of 117 stocks, JMMB Group 5.75% popped 2 cents to US$2.03, with 3,400 shares crossing the market and JMMB Group 6% finished at US$1.10 with two units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market in 6% dive
Low keyed trading for JSE USD market
Trading remained low keyed on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks traded declining 61 percent, with an 8 percent lower value than on Tuesday, and ended, with eight securities trading, against 10 on Tuesday with three rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index slipped 0.32 points to end at 223.86. 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 between September 2022 and August 2023.
Overall, 145,513 shares traded for US$15,594 compared to 368,735 units at US$16,968 on Tuesday. Trading averaged 18,189 units at US$1,949, compared to 36,874 shares at US$1,697 on Tuesday, with a month to date average of 43,699 shares at US$2,664 versus 45,504 units at US$2,714 on the previous day. Tuesday. April ended with an average of 95,379 units for US$3,929.
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 Capital USD share rallied 0.04 of a cent to 7.94 US cents, with 9,698 shares crossing the exchange, Margaritaville remained at 15 US cents in an exchange of 58 stock units, Productive Business Solutions popped 1 cent to end at US$1.18 after exchanging one stock. Proven Investments finished at 26.45 US cents trading 1,527 stocks, Sterling Investments ended at 2 US cents with the swapping of 40,399 stocks, Sygnus Credit Investments USD share fell 0.59 of a cent to 12.4 US cents, with 81,861 shares clearing the market and Sygnus Real Estate Finance USD share dropped 2.14 cents to 12.5 US cents while exchanging 10,000 units.
In the preference segment, JMMB Group 6% climbed 0.23 of one cent in closing at US$1.10 after 1,969 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks edged out losers
At the close of trading on Tuesday, the volume of stocks exchanged rose 50 percent as the value fell 69 percent from Monday’s activity on the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling.
Compared to nine on Monday, ten securities were traded, with three rising, two declining and five ending unchanged. The JSE US Denominated Equities Index lost 1.12 points to end at 223.18.
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, 368,735 shares traded for US$16,968 versus 246,032 units at US$54,963 on Monday. Trading averaged 36,874 units at US$1,697, compared to 27,337 shares at US$6,107 on Monday, with month to date average of 45,504 shares at US$2,714 versus 46,342 units at US$2,813 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7.9 US cents in an exchange of 21 shares, Margaritaville finished at 15 US cents trading 62 units, MPC Caribbean Clean Energy fell 6 cents to US$1.20 with 150 stock units clearing the market. Productive Business Solutions dropped 1 cent to US$1.17 with just one stock crossing the market, Proven Investments remained at 26.45 US cents after exchanging 12,853 stock units, Sterling Investments finished at 2 US cents, with 91,834 units changing hands. Sygnus Credit Investments USD share rose 0.34 of one cent to 12.99 US cents trading 61,361 stocks and Transjamaican Highway ended at 1.02 US cents with an exchange of 200,940 shares.
In the preference segment, Eppley 6% preference share rallied 16.7 cents in closing at US$1.127, with 1,509 stock units crossing the exchange and JMMB Group 6% popped 7.77 cents after ending at US$1.0977 in switching ownership of 4 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No gains for JSE USD market on Monday
There were no stock recording gains at the close of the Jamaica Stock Exchange US dollar market on Monday after the volume of stocks traded fell 19 percent, with a marginally lower value than on Friday.
A total of nine securities were traded, down from 11 on Friday. No stock recorded gains, five declined and four ended unchanged.
The JSE US Denominated Equities Index fell 3.29 points to end at 224.30. 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 August this year to August 2023.
Overall, 246,032 shares traded, for US$54,963 compared to 302,622 units at US$59,279 on Friday.
Trading averaged 27,337 units at US$6,107, compared to 27,511 shares at US$5,389 on Friday, with month to date average of 46,342 shares at US$2,813 versus 48,162 units at US$2,498 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share finished at 7.9 US cents after trading 1,763 shares, Margaritaville ended at 15 US cents, with ten stock units clearing the market and Productive Business Solutions remained at US$1.18 with an exchange of 57 stocks. Proven Investments fell 0.35 of a cent to close at 26.45 US cents after 159,603 units crossed the market, Sterling Investments shed 0.24 of one cent to end at 2 US cents in exchanging 37,600 units, Sygnus Credit Investments USD share declined 0.3 of a cent to 12.65 US cents with 33,609 stock units changing hands and Transjamaican Highway lost 0.04 of one cent in closing at 1.02 US cents after trading 5,400 shares.
In the preference segment, Equityline Mortgage Investment preference share dropped 27 cents after ending at US$1.70 after trading 116 stock units and JMMB Group 6% remained at US$1.02 after exchanging 7,874 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Equal rising and declining stocks
Trading ended on Thursday, with the volume of stocks jumping 1,156 percent and the value 82 percent more than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in nine securities trading, compared to 10 on Wednesday with two rising, two declining and five unchanged.
The JSE US Denominated Equities Index fell 1.00 points to 223.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 566,691 shares traded for US$14,366, up from 45,127 units at US$7,903 on Wednesday. Trading averaged 62,966 units at US$1,596, compared to 4,513 shares at US$790 on Wednesday, with month to date average of 50,899 shares at US$2,115 versus 49,431 units at US$2,178 on the previous day. April ended with an average of 95,379 units for US$3,929.
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 Capital USD share lost 0.029 of a cent ending at 7.86 US cents after trading 89 shares, Margaritaville finished at 15 US cents, with 16 stock units crossing the market and Productive Business Solutions remained at US$1.18 in switching ownership of 1,132 stocks. Proven Investments ended at 25.99 US cents with 5,106 units changing hands, Sterling Investments rallied 0.15 cents to end at 2.25 US cents in trading 61,784 shares, Sygnus Credit Investments USD share finished at 12.85 US cents with the swapping of 15,679 stocks. Sygnus Real Estate Finance USD share advanced 1.8 cents to 13.8 US cents, with 300 stock units crossing the exchange and Transjamaican Highway ended at 1.06 US cents in exchanging 479,246 units.
In the preference segment, JMMB Group 6% fell 8 cents to US$1.02 in trading 3,339 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.