Winners outnumbered losers 2 to 1 on the Jamaica Stock Exchange US Dollar Market on Wednesday, following an exchange of 12 securities, down from 14 on Tuesday with prices of six rising, three declining and three ending unchanged. Trading ended with a 49 percent slippage in volume of stocks changing hands, with an 88 percent jump in value over Tuesday.
The market closed with an exchange of 563,601 shares for US$138,376 compared to 1,105,110 stock units at US$73,758 on Tuesday.
Trading ended with an average of 46,967 shares at US$11,531 relative to 78,936 stock units at US$5,268 on Tuesday. Trading for the month to date averages 58,102 units at US$6,909 compared with 63,241 stock units at US$4,776 on the preceding day and an average of 599,023 units for US$38,839 in October.
The US Denominated Equities Index popped 2.89 points to close at 296.84. 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 most commonly used measures to determine appropriate stock values, averages 19.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded stock price by the earnings per share for financial years ending around August 2027.
At the close of trading, First Rock Real Estate USD share remained at 2 US cents with 5,002 units crossing the market, MPC Caribbean Clean Energy shed 3.45 cents to close at 23 US cents in an exchange of 35 stocks, Productive Business Solutions ended at 95 US cents with investors swapping 114 shares. Quantas Advantage declined by 0.11 of a cent in closing at 14.79 US cents with a transfer of 4,588 stock units, Sterling Investments dropped 0.01 of one cent to end at 2.31 US cents after an exchange of 2 shares, Sygnus Credit Investments increased 0.92 of one cent in closing at 7.79 US cents with investors dealing in 8,281 units. Sygnus Real Estate Finance USD share climbed 0.14 of a cent to end at 5.29 US cents with 2,154 stocks clearing the market and Transjamaican Highway rose 0.05 of one cent to finish at 6.6 US cents with an exchange of 531,150 stock units.
In the preference share segment, JMMB Group 7.5% gained 8 cents and ended at US$2.08 with 2,500 shares passing through the market. JMMB Group US8.5% ended at US$1.29 with 38 stocks crossing the exchange, Sygnus Credit Investments 8% rose $1.09 and finished at $10.10 with investors exchanging 500 stock units and Sygnus Credit Investments 8% advanced 41 cents in closing at US$9.91 after a transfer of 9,237 stock units.
Prices of securities trading are those of the last transaction.
At the end of the market activity, the JSE Combined Market Index climbed 417.73 points to close at 391,703.83, as the All Jamaican Composite Index dropped 835.04 points to finish at 460,495.09, the JSE Main Index gained 443.49 points to end at 385,664.61, the Junior Market Index shed a mere 0.88 points to 3,198.05 and the JSE USD Market Index rose 2.89 points to 296.84.
Among the top losers, MPC Caribbean Clean Energy shed $5.81 to end at $32.94, Jamaica Producers shed $1.48 to $20, Pan Jamaica lost 90 cents and ended at $44.10, Carreras lost 59 cents to close at $28.90 and NCB Financial fell 40 cents to finish at $74.50.
The day closed with an exchange of 1,105,110 shares for US$73,758 after moving up from 539,157 stock units at US$50,427 on Monday.
At the end of the market activity, the JSE Combined Market Index climbed by 898.11 points to end at 391,286.10, but the All Jamaican Composite Index dipped 34.78 points to close at 461,330.13, the JSE Main Index climbed 1,220.74 points to 385,221.12, the Junior Market Index lost 37.50 points to conclude trading at 3,198.93 and the JSE USD Market Index rose 2.34 points to end at 293.95.
Among the losers, Supreme Ventures dropped $1.03 to close at $18.00, Pan Jamaica declined 99 cents to $45.00, Quantas Advantage shed 59 cents to finish at $21.75, Sagicor Group dipped 57 cents and ended at $41.00, Caribbean Cement fell 50 cents to $116.00 and Proven Investments shed by 50 cents in closing at $9.50.
Market activity ended with an exchange of 539,157 shares valued at US$50,427, following an increase from 293,051 stock units at US$19,870 on Friday. Trading ended with an average of 44,930 shares at US$4,202 up from 29,305 stock units at US$1,987 on Friday and an average for October valued at 599,023 units for US$38,839.
At the end of the market activity, the JSE Combined Market Index fell 1,118.81 points to 390,387.99, the All Jamaican Composite Index slipped 439.35 points to 461,364.91, the JSE Main Index dropped 1,198.65 points to settle at 384,000.38, the Junior Market Index inched 3.80 points higher to end at 3,236.43 and the JSE USD Market Index popped 1.37 points to 291.61.
Among the top losers, Caribbean Cement fell $3.35 to close at $116.50, Jamaica Stock Exchange shed 58 cents to end at $9.20, West Indies Petroleum dropped 55 cents to close at $9.36, Sagicor Real Estate Fund declined by 50 cents and ended at $9.00 and Carreras lost 27 cents to finish at $28.73.
At the end of the market activity, the JSE Combined Market Index rose 924.26 points to 391,506.80, as the All Jamaican Composite Index popped 1,223.83 points to close at 461,804.26, the JSE Main Index climbed 794.50 points to end at 385,199.03, the Junior Market Index rallied 22.94 points to settle at 3,232.63 and the JSE USD Market Index popped 1.99 points to close at 290.24.
Among the top losers, Scotia Group declined by $1 to end at $70.00, Carreras dropped by 90 cents in closing at $29.00, General Accident skidded by 75 cents to $7.20, GraceKennedy fell 51 cents to end at $81.49 and Jamaica Broilers shed 49 cents to finish at $14.30.
At the end of the market activity, the JSE Combined Market Index gained 1,840.65 points to 390,582.54, the All Jamaican Composite Index rallied 1,117.19 points to end at 460,580.43, the JSE Main Index popped by 1,524.98 points to close trading at 384,404.53, the Junior Market Index rallied 53.30 points to 3,209.69 and the JSE USD Market Index rose 5.68 points to end at 288.25.
Among the top losers, Eppley shed $3.13 to end trading at $30.55, GraceKennedy dipped by $1 to $82, Jamaica Producers fell by 90 cents and ended at $20.00, NCB Financial skidded by 63 cents to finish at $73.77 and Mayberry Group fell 36 cents to end at $5.00.
At the end of the market activity, the JSE Combined Market Index gained 867.25 points in closing at 388,741.89, the All Jamaican Composite Index rose 1,452.29 points to finish at 459,463.24, the JSE Main Index rallied 940.54 points to 382,879.55, the Junior Market Index slipped by just 4.47 points to settle at 3,156.39 and the JSE USD Market Index lost 1.16 points to wrap up trading at 282.57.
Among the top losers, Barita Investments declined by $4.20 to close at $70.00, First Rock Real Estate shed $1.62 to end at $7.32, AS Bryden lost $1 to end at $15.00, GraceKennedy slipped $1 to $83.00 and Stanley Motta fell 56 cents and ended at $6.84.