Trading on the Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of shares trading surging 2,380 percent over Thursday’s level with a 361 percent greater value, resulting in more stocks rising than falling.
A total of 10 securities traded, up from seven on Thursday, with three rising, one declining and six ending unchanged.
The JSE US Denominated Equities Index gained 3.51 points to end at 224.94.
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 to the end of August 2023.
A total of 4,110,461 shares were traded, for US$49,816 compared to 165,771 units at US$10,795 on Thursday.
Thursday. Trading averaged 411,046 units at US$4,982, compared to 23,682 shares at US$1,542 on Thursday, with month to date average of 138,341 shares at US$5,403 versus 101,489 units at US$5,460 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share finished at 7.95 US cents after trading 387 shares, Margaritaville ended unchanged at 16 US cents after exchanging 2,022 stock units, MPC Caribbean Clean Energy remained at US$1.26 after trading just one unit. Productive Business Solutions ended at US$1.19 in an exchange of two units, Proven Investments fell 0.01 of a cent in closing at 24.99 US cents after exchanging 6,944 stock units, Sterling Investments rallied 0.24 of a cent to 2.24 US cents in clearing the market with 7,830 stocks. Sygnus Credit Investments USD share gained 0.44 of one cent in closing at 12.89 US cents with 16,836 shares changing hands, Sygnus Real Estate Finance USD share remained at 14.7 US cents with an exchange of 182 units and Transjamaican Highway rose 0.13 of a cent to close at 1.11 US cents with the swapping of 4,075,625 shares.
In the preference segment, JMMB Group 6% finished at US$1.1385 in trading 632 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in JSE USD market trade
Trading drops on JSE USD market
Trading on Thursday ended with the volume and the value of stocks changing hands declining 28 percent and 80 percent, respectively, at the close of the Jamaica Stock Exchange US dollar market, compared to Wednesday and resulted in an even number of stocks rising than falling.
Seven securities were traded versus six on Wednesday, with one rising, three declining and three ending unchanged. The JSE US Denominated Equities Index lost 0.20 points to end at 221.43.
The PE ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial year ending up to August 2023.
Overall, 165,771 shares traded for US$10,795 down from 230,992 units at US$54,610 on Wednesday. Trading averaged 23,682 units at US$1,542, compared to 38,499 shares at US$9,102 on Wednesday, with the month to date averaging 101,489 shares at US$5,460 versus 109,618 units at US$5,869 on the previous day. March ended with an average of 59,258 units for US$6,669.
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, First Rock Capital USD share remained at 7.95 US cents with an exchange 1,238 shares, Margaritaville finished at 16 US cents in trading 124 units, Productive Business Solutions ended unchanged at US$1.19 while exchanging 653 stock units. Proven Investments rose 1 cent to close at 25 US cents with 13,416 stocks changing hands, Sterling Investments declined 0.25 of a cent to end at 2 US cents with 33,169 stock units crossing the market, Sygnus Credit Investments USD share shed 0.4 of a cent in ending at 12.45 US cents after an exchange of 41,171 shares and Transjamaican Highway dropped 0.07 of a cent to 0.98 of a US cent after trading 76,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading slips on the JSE USD market
Trading on Wednesday ended on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands declining 77 percent and the value dropping 41 percent below Tuesday, resulting in declining stocks edging out those rising.
A total of six securities traded, similar to Tuesday, with two rising, three declining and one ending unchanged. The JSE US Denominated Equities Index slipped 0.17 points to end at 221.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 230,992 shares traded for US$54,610 down from 994,124 units at US$93,195 on Tuesday.
Trading averaged 38,499 units at US$9,102, versus 165,687 shares at US$15,533 on Tuesday, with the month to date average of 109,618 shares at US$5,869 up from 116,613 units at US$5,551 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.35 of a cent to 7.95 US cents after trading 1,509 shares, Proven Investments shed 0.71 of a cent to close at 24 US cents in trading 211,139 units, Sterling Investments lost 0.02 of a cent in closing at 2.25 US cents after exchanging 400 stock units. Sygnus Credit Investments USD share ended unchanged at 12.85 US cents, with 16,419 stocks changing hands and Transjamaican Highway declined 0.04 of one cent to 1.05 US cents with an exchange of 25 shares.In the preference segment, JMMB Group 6% popped 14.83 cents to close at US$1.15 after trading 1,500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks fall on the JSE USD market
Trading on Tuesday ended with the volume of shares changing hands rising 253 percent as 451 percent more funds entered the market than on Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading, compared to eight on Monday with one rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index slipped 1.43 points to end at 221.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.7 based on ICInsider.com earnings forecasts for companies with financial year ending, up to August 2023.
A total of 994,124 shares were traded, for US$93,195 compared to 281,548 units at US$16,917 on Monday. Trading averaged 165,687 units at US$15,533, compared to 35,194 shares at US$2,115 on Monday, with a month to date average of 116,613 shares at US$5,551 versus 111,260 units at US$4,463 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two stocks with lower offers.
At the close, Margaritaville remained at 16 US cents with the swapping of 60 shares, Proven Investments shed 0.29 of a cent to close at 24.71 US cents with 291,088 stocks changing hands, Sterling Investments declined 0.01 of a cent to end at 2.27 US cents in switching ownership of 171,082 stock units. Sygnus Credit Investments USD share dropped 0.1 of a cent after ending at 12.85 US cents while exchanging 101,766 units and Transjamaican Highway rose 0.07 of a cent in closing at 1.09 US cents, 429,590 stock units crossing the market.
In the preference segment, JMMB Group 5.75% ended unchanged at US$2.03 after exchanging 538 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading on the JSE USD Market drops
Trading closed on the Jamaica Stock Exchange US dollar market on Monday, with the volume of shares changing hands declining 80 percent with 58 percent less value than on Friday, resulting in more stocks rising than falling.
A total of eight securities traded, up from seven on Friday, with three rising, one declining and four ending unchanged. The JSE US Denominated Equities Index lost 2.62 points to end at 223.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.6. The PE ratio is based on ICInsider.com earnings forecasts for companies with financial years ending August 2022 and August 2023.
Overall, 281,548 shares traded for US$16,917 compared to 1,417,291 units at US$40,251 on Friday.
Trading averaged 35,194 units at US$2,115 compared to 202,470 shares at US$5,750 on Friday, with a month to date average of 111,260 shares at US$4,463 versus 124,207 units at US$4,862 on the previous day. March ended with an average of 59,258 units for US$6,669.
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, First Rock Capital USD share finished at 7.6 US cents with an exchange of 1,081 shares, Margaritaville remained at 16 US cents in exchanging 341 units, MPC Caribbean Clean Energy ended unchanged at US$1.26, with 200 stocks crossing the exchange. Proven Investments lost 0.95 cents ending at 25 US cents, with 44,294 stock units crossing the market, Sterling Investments advanced 0.28 cents to end at 2.28 US cents, with the swapping of 67,175 stock units, Sygnus Credit Investments USD share finished at 12.95 US cents in trading 18,257 shares. Sygnus Real Estate Finance USD share rose 2.65 cents to close at 14.7 US cents, with 200 units clearing the market and Transjamaican Highway rallied 0.02 cents to end at 1.02 US cents in an exchange of 150,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.