Investors pumped 211 percent more money into the Jamaica Stock Exchange Main Market on Tuesday and purchased16 percent fewer shares than on Monday and sending more stocks closing higher than those falling with57securities trading, as was the case on Monday, and ended with prices of 27 rising, 21 declining and nine ending unchanged.
A total of 7,945,794 shares were exchanged for $100,709,129 compared to 9,434,901 units at $32,400,825 on Monday.
Trading averaged 139,400 units at $1,766,827 versus 165,525 shares at $568,436 on Monday and month to date, an average of 142,484 units at $1,201,140 compared with 143,252 units at $1,060,336 on the previous day. January closed with an average of 205,236 units at $1,805,558.
JMMB Group 7.35% – 2028, led trading with 2.23 million shares for 28.1 percent of total volume, followed by Wigton Windfarm with 1.57 million units for 19.8 percent of the day’s trade and Jamaica Broilers with 855,784 units for 10.8 percent market share.
The All Jamaican Composite Index declined 2,558.42 points to 375,830.59, the JSE Main Index fell 2,316.43 points to 332,917.44 and the JSE Financial Index shed 0.64 points to close at 79.06.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rose $1.06 to $10.41 in an exchange of 1,687 shares, Caribbean Cement advanced $2.23 to $59 in trading 1,133 stocks, Eppley Caribbean Property Fund fell $4 in closing at $40 after 4,657 units crossed the market. First Rock Real Estate gained 60 cents in ending at $12.75 in transferring 1,620 stock units, GraceKennedy rose 89 cents to end at $77.99 in switching ownership of 479,100 stocks, Guardian Holdings declined $9.80 to close at $525 with an exchange of 2,389 units. Jamaica Broilers popped 50 cents to finish at $30.50 in switching ownership of 855,784 stock units, Jamaica Producers rallied $1.87 to close at $21.87 after a transfer of 138 shares, JMMB Group advanced $2.38 in ending at $33.88 with 8,657 stock units changing hands. Kingston Wharves dipped $1 in closing at $32 after 3,129 shares passed through the market, Mayberry Investments lost 40 cents to end at $8.10 after exchanging 39,563 stocks, MPC Caribbean Clean Energy dropped $23 to end at $75 with a transfer of 75 units. NCB Financial rallied $2 in closing at $77 as investors exchanged 23,990 shares after the price hit a new one year low of $72, 138 Student Living gained 55 cents to settle at $5.70 with the swapping of 1,123 stocks, Palace Amusement popped $31 to close at $2,480 with 409 stock units changing hands. Portland JSX shed $1.54 to settle at $10 with 512 units clearing the market, Proven Investments lost 49 cents in ending at $29.01 with investors transferring 3,048 units, Sagicor Group fell $1.96 to end at $49, trading 73,873 shares. Scotia Group rose 69 cents to close at $33.79 in exchanging 191,619 stocks, Seprod advanced $2.40 to $67.90 after trading 100 stock units, Supreme Ventures lost 43 cents to close at $26.07 in switching ownership of 38,042 shares and Sygnus Credit Investments rose $1.10 to $12.99 with the swapping of 33,048 stock units.
In the preference segment, JMMB Group 7% preference share gained 42 cents in closing at $2.83 with a transfer of 3,904 stocks and 138 Student Living preference share advanced $2.50 to close at a record high of $78 in trading 1,024 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading down for JES USD market
Trading dipped on the US dollar market Jamaica Stock Exchange on Tuesday, with a 75 percent fall in the volume of stocks changing hands and leading to a 17 percent drop in value compared to Monday and resulting in nine securities traded, compared to eight on Monday with two rising, four declining and five left unchanged.
Overall, 110,724 shares were traded for US$19,925 down from 441,584 units at US$23,988 on Monday.
Trading averaged 12,303 units at US$2,214 versus 55,198 shares at US$2,999 on Monday, with a month to date average of 35,675 shares at US$2,492 compared with 42,687 units at US$2,575 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.18 points to end at 235.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share remained at 7 US cents, with 1,707 shares changing hands, Productive Business Solutions dipped 1 cent to US$1.90 after trading at 20 stock units, Proven Investments lost 1.49 cents to end at 18.51 US cents in an exchange of 42,342 units. Sterling Investments declined 0.18 of a cent to close at 1.81 US cents, with 1,500 stocks crossing the market, Sygnus Credit Investments USD share climbed 0.02 of a cent in ending at 10 US cents, with 45,232 units passing through the exchange, Sygnus Real Estate Finance USD share ended at 8.5 US cents closed after 5,949 shares changed hands and Transjamaican Highway remained at 0.97 of one US cent with 8,668 stocks clearing the market.
In the preference segment, JMMB Group 5.75% ended at US$2.01 in exchanging 1,300 stock units and JMMB Group 6% rose 8.96 cents to close at US$1.0696 while trading 4,006 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market dips for a second day
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 9 percent and resulting in a 33 percent fall in the value compared to Wednesday, following trading in seven securities, compared with seven on Wednesday with one rising, three declining and three ending unchanged.
Overall, 260,566 shares were traded for US$12,989 compared with 287,125 units at US$19,364 on Wednesday.
Trading averaged 37,224 units at US$1,856 down from 41,018 shares at US$2,766 on Wednesday, with month to date average of 39,121 shares at US$2,311. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index slipped 0.54 points to end at 222.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share dropped 0.02 of a cent in ending at 6.98 US cents after 35,761 shares were traded, Proven Investments lost 0.84 of a cent to end at 19.16 US cents while exchanging 16,700 stock units, Sterling Investments popped 0.18 of a cent in closing at 1.99 US cents as 494 stocks passed through the market. Sygnus Credit Investments USD share ended at 9.51 US cents 16,850 units crossing the market and Transjamaican Highway remained at 0.92 of one US cent with investors exchanging 187,273 stocks.
In the preference segment, Equityline Mortgage Investment preference share fell 3 cents to US$1.64 after a transfer of 488 units and JMMB Group 6% ended at US$1 trading 3,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big gain for JSEUSD Market
Stocks mostly rose in trading on the Jamaica Stock Exchange US dollar market on Tuesday and resulting in trading in eight securities, compared to 10 on Monday with four rising, two declining and two ending unchanged, following a 96 percent increase in the volume of stocks changing hands but with an 86 percent lower value than on Monday.
Overall, 1,121,685 shares were traded for US$37,070 compared with 571,649 units at US$267,767 on Monday.
Trading averaged 140,211 units at US$4,634 versus 57,165 shares at US$26,777 on Monday, with month to date average of 48,604 shares at US$4,865 compared with 44,293 units at US$4,876 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index gained 6.36 points to end at 225.43.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
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 Real Estate USD share declined 0.69 of a cent in closing at 7 US cents with a transfer of 21,828 shares, Productive Business Solutions increased 5 cents to US$1.70 after an exchange of 12,460 stock units, Proven Investments popped 0.01 of a cent to 20 US cents with the swapping of 8,932 stocks. Sterling Investments lost 0.07 of a cent to end at 1.8 US cents with an exchange of 36,993 units, Sygnus Credit Investments USD share rallied 0.01 of a cent to end at 9.51 US cents with an exchange of 20,712 stocks and Transjamaican Highway rose 0.02 of a cent to close at 0.99 of one US cent and closed with an exchange of 1,020,720 shares.
In the preference segment, Productive Business 9.25% preference share remained at US$11.11 in trading 27 stock units and JMMB Group 6% ended at US$1, with 13 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.