The year-end push in prices gave back some of the gains at Friday’s close on the Jamaica Stock Exchange Main Market as trading commenced for 2024 on Tuesday, resulting in a 76 percent drop in the volume of stocks traded as the value dived 92 percent lower than on Friday, ending with trading in 62 securities compared with 61 on Friday, with 13 rising, 31 declining and 18 ending unchanged.
A total of just 11,588,245 shares were traded for $66,472,610 compared to 49,282,609 units at $809,014,389 on Friday.
Trading ended with an average of 186,907 shares at $1,072,139 compared with 807,912 units at $13,262,531 on Friday compared to December with an average of 264,266 units at $3,755,946.
Sagicor Select Financial Fund led trading with 3.15 million shares for 27.1 percent of total volume followed by Transjamaican Highway with 2.45 million units for 21.1 percent of the day’s trade and Ciboney Group with 1.98 million units for 17.1 percent of the day’s trade.
The All Jamaican Composite Index climbed 1,130.72 points to settle at 368,148.57, the JSE Main Index rose 2,125.48 points to lock up trading at 327,825.27 and the JSE Financial Index added 1.65 points to finish at 72.30.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, AS Bryden declined $3.01 and ended at $30.10 while exchanging 2,070 units, Barita Investments fell $3.98 to $73 with investors dealing in 2,272 stocks, Berger Paints dipped 94 cents to end at a 52 weeks’ low of $5.75 after an exchange of 61,379 shares. Caribbean Cement sank 52 cents in closing at $59.48 after investors ended trading 6,211 stock units, Eppley popped $2.04 to close at $38.04 in an exchange of 1,386 shares, Eppley Caribbean Property Fund dropped $2.10 to $40 with investors trading 3,293 stock units. First Rock Real Estate shed 85 cents to end at $6.75 after an exchange of 3,000 units, GraceKennedy lost 45 cents in closing at $79.50, with 8,851 stocks crossing the market, Guardian Holdings jumped $49.98 and ended at $399.98 in an exchange of 24 shares. Jamaica Producers rose 50 cents to close at $22.50 after 7,000 stocks passed through the market, JMMB Group skidded $1 to $25 in trading 48,891 units, Kingston Wharves sank 50 cents and ended at $26.50 after a transfer of 13,043 stock units.
Massy Holdings rallied $1 to end at $91, with 3,152 shares crossing the market, Mayberry Group shed 90 cents in closing at $8.60 as investors exchanged 3,759 stocks, MPC Caribbean Clean Energy dropped 88 cents to close at $89.01 in switching ownership of 655 units. NCB Financial lost $1.99 to close at $68, with 40,596 stock units changing hands, 138 Student Living increased 32 cents to end at $4.21 with a transfer of 11,200 shares, Proven Investments climbed 98 cents to $23.48, with 6,233 units crossing the exchange. Pulse Investments dipped 25 cents to close at $1.84 with investors transferring 160,749 stocks, Radio Jamaica fell 48 cents and ended at $1.45 after closing with an exchange of 171,837 stock units, Sagicor Group skidded $2.50 to $47 with 700,814 shares changing hands. Scotia Group rallied $1.10 and ended at $39.50, with 69,913 stock units clearing the market, Seprod declined $2.51 to end at $79.99 with traders dealing in 11,464 units,
Supreme Ventures shed $2 in closing at $25 with investors swapping 159,371 stocks and Wisynco Group dropped 95 cents to close at $21.05 in an exchange of 34,165 units.
In the preference segment, Eppley 7.75% preference share sank $3 to $19 with traders dealing in 926 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New year’s bounce for JSE USD Market
US dollar denominated stocks pushed the Jamaica Stock Exchange US dollar market higher to start off the new year on a positive note when trading ended on Tuesday as the volume of stocks changing hands declined by 86 percent with the value 79 percent lower than on Friday, resulting in seven securities being traded, compared to 10 on Friday with two rising, three declining and two ending unchanged.
At the close of market activity, 51,389 shares were traded, for US$5,071 compared to 367,867 units at US$23,588 on Friday.
Trading averaged 7,341 units at US$724 versus 36,787 shares at US$2,359 on Friday, compared to December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index gained 6.62 points to cease trading at 237.81.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville dipped 0.1 of a cent to end at 12.4 US cents with 78 being traded, Productive Business Solutions ended at US$1.78 in trading 1,011 units, Proven Investments fell 0.05 of a cent in closing at 14.95 US cents with 7,526 shares clearing the market. Sterling Investments remained at 1.6 US cents while exchanging 6,205 units, Sygnus Credit Investments popped 0.01 of a cent to 8.01 US cents with a transfer of 1,000 shares and Transjamaican Highway skidded 0.11 of one cent to 1.63 US cents after an exchange of 35,445 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share popped 30 cents and ended at US$11.50 in switching ownership of 124 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Friday, with a 1,081 percent jump in the volume of stocks changing hands and the value jumping 3,472 percent more than on Thursday, resulting in the trading of 10 securities up from five on Thursday and ended with five rising, two declining and three ending unchanged.
Overall, 367,867 shares were traded, for US$23,588 compared with 31,154 units at US$662 on Thursday.
Trading averaged 36,787 units at US$2,359 versus 6,231 shares at US$132 on Thursday, with a month to date average of 28,010 shares at US$1,403 compared with 27,035 units at US$1,296 on the previous day. November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index rose 6.56 points to close at 231.05, down 1.2 percent for the year.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.37 US cents in trading 1,000 stock units, Margaritaville advanced 1.6 cents to 12.5 US cents after 168 shares passed through the market, Productive Business Solutions rose 23 cents to close at US$1.78 as investors exchanged 3,039 stocks.
Proven Investments climbed 0.51 of one cent to end at 15 US cents after a transfer of 86,285 units, Sterling Investments ended at 1.6 US cents with traders dealing in 157 stocks, Sygnus Credit Investments sank 1 cent to 8 US cents in an exchange of 6,456 units. Sygnus Real Estate Finance USD share ended at 7 US cents with investors transferring 1,000 shares and Transjamaican Highway popped 0.09 of a cent to end at 1.74 US cents in an exchange of 269,258 stock units,
In the preference segment, JMMB Group 6% fell 4 cents in closing at US$1.01 with investors dealing in 500 shares and Productive Business Solutions 9.25% preference share gained 20 cents to close at US$11.20 after just 4 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Subdued trading on the JSE USD Market
Trading resumed on Wednesday on the Jamaica Stock Exchange US dollar market after the break for the Christmas Holidays and ended with a 20 percent decline in the volume of stocks changing hands but with 146 percent greater value than on Friday, resulting in trading in six securities, similar to Friday and ended with prices of three stocks rising, one declining and two ending unchanged.
At the close of trading, 127,343 shares were exchanged at US$6,740 compared with 159,494 stock units at US$2,742 on Friday.
Trading ended with an average of 21,224 shares at US$1,123 compared to 26,582 shares at US$457 on Friday, with a month to date average of 28,258 units at US$1,365 compared with 28,793 stock units at US$1,383 previously. November ended with an average of 249,102 shares for US$14,204.
The US Denominated Equities Index added 1.32 points to close at 222.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville rose 1.75 cents to close at 12.5 US cents in exchanging 95 shares, Proven Investments climbed 0.91 of one cent to 14.91 US cents after trading of 3,543 stocks, Sterling Investments popped 0.02 of a cent to close at 1.6 US cents with a transfer of 350 shares. Sygnus Credit Investments ended at 9 US cents after 8,525 stocks were exchanged and Transjamaican Highway ended at 1.6 US cents with a transfer of 114,502 shares.
In the preference segment, Productive Business Solutions 9.25% preference share dipped 50 cents to US$11, with 328 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands surging 2,344 percent valued at 758 percent more than on Thursday and resulting in the trading of six securities, compared to three on Thursday with none rising, one declining and five ending unchanged.
Overall, 159,494 shares were traded, for US$2,742 compared with 6,525 units at US$320 on Thursday.
Trading ended with an average of 26,582 shares for US$457 compared with 2,175 units at US$107 on Thursday. Trading for the month to date averages 28,793 shares at US$1,383 compared to 28,974 units at US$1,459 on the previous day, well off from November, with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dipped 2.03 points to 221.10.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Productive Business Solutions ended at US$1.55 in an exchange of 64 shares, Proven Investments remained at 14 US cents with investors transferring 364 units, Sterling Investments ended at 1.58 US cents after an exchange of 8,885 shares. Sygnus Credit Investments remained at 9 US cents with investors swapping 144 stock units and Transjamaican Highway declined 0.05 of a cent to close at 1.6 US cents, with 150,000 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.05 with traders dealing in 37 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 807,912 shares at $13,262,531 compared with 943,415 units at $14,353,657 on Thursday and month to date, an average of 264,266 units at $3,755,94 compared with 230,599 units at $3,167,213 on the previous day. November closed with an average of 275,587 units at $2,488,949.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Margaritaville rose 58 cents to end at $17.58 with 592 stocks clearing the market, Mayberry Group climbed 62 cents in closing at $9.50 with an exchange of 20,568 units, NCB Financial increased $2.49 to $69.99, with 8,031,610 stock units crossing the market. 138 Student Living popped 38 cents to close at $3.89 in an exchange of 10,161 shares, Pan Jamaica sank 80 cents to end at $50.70 after trading 174,963 stock units, Sagicor Group gained $3.52 and ended at $49.50 after an exchange of 1,638,388 stocks. Salada Foods advanced 26 cents to $3.98 with investors transferring 124,752 units, Scotia Group rallied 40 cents to end at $38.40 in switching ownership of 65,342 stocks, Seprod popped $2.01 in closing at $82.50 after 59,998 units passed through the market. Sygnus Credit Investments climbed 50 cents and ended at $11.40 after a transfer of 102,722 shares and Wisynco Group increased 51 cents to close at $22, with 344,392 stock units crossing the market.
In the preference segment, Eppley 7.75% preference share rose $3 to $22 with investors trading 100 shares and 138 Student Living preference share advanced $33.10 in closing at $130, with 115 stock units crossing the exchange.
At the close of the market, 54,718,064 shares were traded for $832,512,122 up from 33,345,989 units at $814,176,218 on Wednesday.
The All Jamaican Composite Index surged 6,057.90 points to end at 360,454.68, the JSE Main Index railed 3,911.29 points to end the day at 321,471.63 and the JSE Financial Index popped 0.74 points to 69.39.
Jamaica Broilers fell 52 cents to $34.18 after an exchange of only 4,286 units, JMMB Group gained 40 cents to close at $25.40 after a transfer of 59,164 stocks, Kingston Wharves skidded 65 cents and ended at $26 as investors exchanged 2,009,244 shares. Mayberry Group climbed 48 cents to $8.88 after investors ended trading 25,701 stock units, NCB Financial rallied $2.40 to $67.50 after an exchange of 3,062,584 stocks, 138 Student Living lost 62 cents to at a 52 weeks’ low of $3.51, with 23,000 units crossing the market. Pan Jamaica popped $1.05 to end at $51.50 with traders dealing in 52,176 shares, Radio Jamaica rallied 35 cents to close at $1.70 while exchanging 3,708,301 stock units, Sagicor Group rose $4.48 and ended at $45.98 with investors dealing in 207,662 units. Salada Foods gained 52 cents to close $3.72 in an exchange of 114,055 stocks, Scotia Group dipped 38 cents to close at $38 with investors trading 2,423,400 shares, Seprod increased $3 to end at $80.49 in an exchange of 95,081 stocks.
Supreme Ventures climbed $1.05 in closing at $27, with 1,016,463 units crossing the market, Sygnus Real Estate Finance advanced $1.25 and ended at $10.25 in trading 10,104 stock units and Wisynco Group popped 49 cents to $21.49 after exchanging 4,360,933 shares.
Trading ended with an exchange of 33,345,989 shares for $814,176,218 compared with 24,406,102 units at $281,890,487 on Friday.
The All Jamaican Composite Index climbed 858.00 points to 354,396.78, the JSE Main Index increased 761.89 points to conclude trading at 317,560.34 and the JSE Financial Index slipped 0.13 points to settle at 68.65.
First Rock Real Estate fell $1.47 and ended at $6.02 with investors transferring 6,142 shares. Guardian Holdings popped $2.01 to close at $402, with 1,071 stock units crossing the market, Kingston Properties advanced 48 cents to $7.80 after investors traded 259,775 shares, Kingston Wharves skidded 35 cents to $26.65 after an exchange of 5,928 units. NCB Financial sank 90 cents to close at $65.10 with investors trading 3,108,015 stocks, Pan Jamaica rose $1.45 to end at $50.45 after 1,552,450 stock units passed through the market, Sagicor Group shed 30 cents in closing at $41.50 while exchanging 5,478 shares. Seprod climbed $2.49 and ended at $77.49, with investors trading 30,268 stock units, Sygnus Real Estate Finance declined 50 cents to $9 in an exchange of 10,000 units and Wisynco Group rallied 50 cents in closing at $21 with traders dealing in 4,366,417 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 24,406,102 shares were traded for $281,890,487 up from 7,395,292 units at $44,075,720 on Thursday.
The Main Market ended trading with an average PE Ratio of 13.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
MPC Caribbean Clean Energy popped 88 cents and ended at $89.89 after an exchange of 6 stock units, NCB Financial gained 60 cents to close at $66 with investors trading 12,768 shares. Sagicor Group rose 30 cents to end at $41.80, with 1,104 units crossing the market, Scotia Group gained 90 cents to end at $38.40 with investors trading 37,378 stocks, Seprod popped $1 to close at $75, with 313,626 units crossing the market and Wisynco Group climbed 50 cents in closing at $20.50 after a transfer of 15,192 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 7,395,292 shares were traded for $44,075,720 compared to 3,998,798 units at $44,873,267 on Wednesday.
The All Jamaican Composite Index rose 571.53 points to close at 351,983.29, the JSE Main Index advanced 723.66 points to 315,985.82 and the JSE Financial Index rose 0.11 points to finish at 68.64.
Kingston Properties skidded 39 cents and ended at $6.93 with traders dealing in 2,012 shares, NCB Financial sank 40 cents to $65.40 with 30,214 units crossing the market. Pan Jamaica dipped 40 cents to close at $49.10 as investors exchanged 2,230 stocks, Sagicor Group advanced $1 in closing at $41.50 after an exchange of 87,851 stock units, Scotia Group popped 38 cents to end at $37.50 with investors dealing in 89,402 shares and Sygnus Credit Investments gained 29 cents and ended at $10.99 with a transfer of 4,558 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.