Trading activity picked up on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded rising 14 percent and the value surging 367 percent more than on Friday, with trading in 54 securities compared with 52 on Friday and ended with prices of 16 rising, 24 declining and 14 ending unchanged.
A total of 6,685,964 shares were traded on Monday for $92,499,615 up from 5,872,659 units at just $19,826,535 on Friday.
Trading ended with an average of 123,814 shares at $1,712,956 up from 112,936 units at $381,280 on Friday. Trading for the month to date averaged 153,781 units at $1,373,749 compared with 158,823 stock units at $1,316,687 on the previous trading day and down from November, with an average of 275,587 units at $2,488,949.
Transjamaican Highway led trading with 1.58 million shares for 23.6 percent of total volume followed by JMMB Group with 1.13 million units for 16.9 percent of the day’s trade and Wigton Windfarm with 979,356 units for 14.6 percent market share.
At the close of the market, the All Jamaican Composite Index dropped 711.18 points to settle at 346,161.36, the JSE Main Index skidded 1,549.88 points to end the day at 310,649.71 and the JSE Financial Index slipped 0.05 points to wrap-up trading at 67.25.
The Main Market ended trading with an average PE Ratio of 12.8. 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 11 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Caribbean Cement lost $1.50 to close at $53 after trading 7,536 units, Caribbean Producers declined 47 cents to $8.61 after an exchange of 1,847 stocks, First Rock Real Estate fell 62 cents and ended at $6.85 with 75 shares clearing the market. Jamaica Broilers skidded $1.38 in closing at $33.50 in switching ownership of 12,794 stock units, Jamaica Producers dropped $1 to end at $22 while investors exchanged 634 shares, Key Insurance rose 30 cents in closing at $2.50, with 7,785 units crossing the market. Kingston Properties shed 47 cents to $6.93 as investors exchanged 2,170 stocks, Kingston Wharves dipped $1.49 and ended at $27 with shareholders swapping 1,060 stock units, Massy Holdings fell 50 cents to end at $89.50 after 24,519 shares passed through the market.
NCB Financial skidded $2 to close at $65 with stakeholders exchanging 27,329 stock units, 138 Student Living lost 25 cents to $3.94, with 1,415 stocks crossing the market, Pan Jamaica gained $4.74 in closing at $49.76 with a transfer of 214 units. Sagicor Group shed $1 to end at $40, with 50,000 shares crossing the exchange, Scotia Group popped $1.70 to close at $34.70 after a transfer of 257,005 stock units, following release of full year results that surged 67 percent to $5.54 per share, with a net profit of $17.22 billion, as the group also reported that a dividend of 40 cents per share will be paid in January. Seprod advanced $1.40 and ended at $72.90 with traders dealing in 2,420 stocks. Stanley Motta climbed 34 cents to $6.03 in an exchange of 1,025 units and Supreme Ventures declined $1.60 in closing at $24.10 with investors transferring 561,862 shares,
In the preference segment, Eppley 7.50% preference share increased 33 cents to end at $6.90 after an exchange of 33 stock units and Jamaica Public Service 7% rallied 50 cents and ended at $40 with investors dealing in 485 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
6 stocks fall on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 57 percent drop in the volume of stocks changing hands valued 92 percent less than on Thursday, resulting in trading of eight securities compared to three on Thursday with two rising, six declining and no ending unchanged.
A total of 57,458 shares were traded for US$3,210 compared to 134,274 units at US$39,564 on Thursday.
Trading averaged 7,182 units at US$401 compared with 44,758 shares at US$13,188 on Thursday, with a month to date average of 21,954 shares at US$1,825 compared to 26,499 units at US$2,262 on the previous day. November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dipped 0.42 points to lock up trading at 230.61.
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 five 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 declined 0.04 of a cent in closing at 4.4 US cents after a transfer of 1,000 stocks, Margaritaville fell 0.15 of a cent to 10.89 US cents with 1,000 units crossing the exchange, Proven Investments skidded 1.93 cent and ended at 13.07 US cents with a transfer of 1,000 shares.
Sterling Investments popped 0.01 of a cent to end at 1.59 US cents after investors ended trading 1,493 stock units, Sygnus Credit Investments lost 0.29 of a cent to close at 8.71 US cents as investors exchanged 1,000 shares and Transjamaican Highway gained 0.04 of a cent to close at 1.72 US cents after trading 51,418 stock units.
In the preference segment, JMMB Group 5.75% dropped 10 cents to end at US$2 with shareholders swapping 450 stocks and Productive Business Solutions 9.25% preference share shed US$1.49 in closing at US$10.01 after 97 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD Market rose on Tuesday
Trading on the Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks changing hands rising 121 percent, valued 55 percent lower than on Monday, and resulting in five securities being traded, compared to six on Monday with two rising and three declining but the market outperform the rest of the Jamaica Stock Exchange markets that plunged at the close of trading.
Overall, 198,410 shares were traded, for US$3,547 compared to 89,619 units at US$7,899 on Monday.
Trading averaged 39,682 units at US$709, versus 14,937 shares at US$1,316 on Monday, with a month to date average of 19,171 shares at US$821 compared with 10,625 units at US$867 on the previous day. in contrast November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index popped 3.47 points to stop trading at 227.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville declined 1.75 cents to 12.25 US cents, with 74 stock units clearing the market, Proven Investments climbed 1.85 cents to 14.65 US cents in switching ownership of 1,319 units, Sterling Investments shed 0.02 of a cent to close at 1.58 US cents after trading of 1,420 shares. Sygnus Real Estate Finance USD share dropped 2.2 cents and ended at 8.2 US cents with an exchange of 206 stock units and Transjamaican Highway rose 0.02 of a cent in closing at 1.72 US cents, with 195,391 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended, with a 95 percent plunge in the volume of stocks changing hands valued 83 percent lower than on Thursday, as the final month of the year commenced trading on a dovish tone, resulting from trading in six securities, compared to five on Thursday with three rising, two declining and one ending unchanged.
Overall, 37,877 shares were traded, for US$2,504 compared with 826,627 units at US$14,407 on Thursday. Trading on Friday averaged 6,313 units at US$417, versus 165,325 shares at US$2,881 on Thursday down from November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dropped 1.01 points to wrap-up trading at 226.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Proven Investments fell 1.4 cents to 13.6 US cents with an exchange of 3,503 shares,
Sterling Investments ended at 1.6 US cents after trading 12,626 shares and Transjamaican Highway popped 0.02 of a cent to end trading at 1.71 US cents with stakeholders exchanging 21,144 units.
In the preference segment, JMMB Group 5.75% dipped 10 cents in closing at US$2.10 in trading 8 stocks, JMMB Group 6% rose 8 cents to close at US$1.08 after an exchange of 519 shares and Productive Business Solutions 9.25% preference share climbed 1 cent to US$11.51 with investors dealing in 77 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of just 5,872,659 shares were exchanged for a mere $19,826,535 down from 12,317,838 units at $140,029,195 on Thursday.
The Main Market ended trading with an average PE Ratio of 12.8. 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.
Mayberry Investments popped 59 cents in closing at $8.10 after an exchange of 16,339 shares. NCB Financial climbed $1.80 to close at $67 after 16,124 units passed through the market, 138 Student Living rose 27 cents to $4.19 with an exchange of 329 stocks, Proven Investments declined $1.18 in closing at $22.30, with 12 stock units clearing the market. Scotia Group lost $1.52 to end at $33 after a transfer of 29,724 shares, Seprod dipped $1.70 to close at $71.50, with 3,418 stock units crossing the market, Stanley Motta fell 35 cents and ended at $5.69 with investors dealing in 1,508 units. Supreme Ventures advanced 98 cents to $25.70 and closed with an exchange of 91,853 stocks and Sygnus Credit Investments gained 59 cents to end at $11.44 with investors transferring 84,858 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 12,317,838 shares were traded for $140,029,195 compared to just 7,745,089 units at $50,833,820 on Wednesday.
3,034.26 points to close at 309,071.45 and the JSE Financial Index dipped 1.17 points to lock trading at 66.48.
Pan Jamaica skidded $4.78 and ended at $45.02 after 2,143 stocks passed through the market, Scotia Group advanced 97 cents to $34.52 with stakeholders exchanging 822,622 units, ahead of the likely announcement of an increase in dividend payment and a big jump in full year earnings to be made on Friday. Sterling Investments rallied 42 cents in closing at $2.48 in switching ownership of 21 stock units, Supreme Ventures fell 78 cents to end at $24.72 after an exchange of 101,770 shares, Sygnus Credit Investments dropped 25 cents and ended at $10.85 with a transfer of 53,546 stocks, Sygnus Real Estate Finance lost 44 cents to close at $9 as investors exchanged 56 units and Wisynco Group skidded 97 cents to $19.99 with shareholders swapping 3,067,300 stock units.
In the preference segment, 138 Student Living preference share jumped $24.07 to close at $114 in an exchange of just one share.
after trading occurred in 55 securities as was the case on Tuesday and ended with 19 rising, 23 declining and 13 unchanged.
The All Jamaican Composite Index climbed 197.16 points to settle at 347,574.66, the JSE Main Index climbed 1,116.91 points to finish at 312,105.71 and the JSE Financial Index increased 0.73 points to culminate at 67.65.
JMMB Group fell 75 cents to close at $25 with stakeholders exchanging 49,637 stocks, Key Insurance dropped 46 cents to $2.03, with 65,790 units crossing the market, NCB Financial shed $2.88 to close at $65.10 with traders dealing in 20,826 stock units. 138 Student Living skidded 27 cents and ended at $3.92 after an exchange of 24,380 shares, Pan Jamaica rallied $4.78 to end at $49.80 with investors transferring 67 stocks, Proven Investments popped $1.45 in closing at $23.48, with 634 units crossing the market. Sagicor Group climbed 25 cents to $41.25 with an exchange of 486,890 stock units, Sagicor Real Estate Fund increased 40 cents to end at $8.30 and closed with an exchange of 150 shares, Scotia Group lost 45 cents in closing at $33.55 with shareholders swapping 33,394 units. Seprod rallied 69 cents and ended at $72.99 while exchanging 12,041 stocks, Supreme Ventures shed 65 cents to close at $25.50 after a transfer of 210,385 stock units,
Sygnus Real Estate Finance fell $1.05 to $9.44 in switching ownership of 819 shares and Wisynco Group rose 96 cents in closing at $20.96 in an exchange of 32,976 units.
with a loss of $5.41 and Seprod $4.70, on a day when the volume of stocks traded jumped 131 percent and the value surged 443 percent above Monday’s levels.
The All Jamaican Composite Index shed 3,347.62 points to end at 347,377.50, the JSE Main Index dumped 4,153.74 points to end trading at 310,988.80 and the JSE Financial Index skidded 1.25 points to lock up trading at 66.92.
Guardian Holdings dropped $104.99 to close at $300 with 200 units crossing the market, Jamaica Broilers lost 45 cents to end at $33.55 with a transfer of 34,649 stock units, Jamaica Producers dropped $1.30 in closing at $21.70 with an exchange of 1,347 shares. JMMB Group climbed 57 cents to $25.75 after investors traded 74,210 stocks, Key Insurance rose 49 cents to $2.49 after an exchange of 34,522 units, Kingston Properties advanced 65 cents in closing at $7.65 in trading 12,574 stock units. Massy Holdings fell 50 cents to close at $89.50 and closed with an exchange of 988 shares, NCB Financial skidded 52 cents to end at $67.98 with traders dealing in 19,128 stock units, Pan Jamaica declined $5.41 and ended at $45.02 in switching ownership of 111,040 stocks. Sagicor Group shed 50 cents to $41 after 32,712 units passed through the market, Sagicor Real Estate Fund dipped 40 cents in closing at $7.90 with investors transferring 20,295 shares and
Seprod fell $4.70 and ended at $72.30 with just 3,104 units clearing the market.
A total of just 5,640,042 shares were traded for $27,974,248 down from 6,383,376 units at $32,170,003 on Friday.
the JSE Main Index dropped 526.46 points to finish trading at 315,142.54 and the JSE Financial Index dipped 0.40 points to end trading at 68.17.
GraceKennedy popped 75 cents to close at $75.50, with 65,161 stock units crossing the exchange, JMMB Group lost 42 cents and ended at $25.18 with shareholders swapping 129,520 shares, Mayberry Investments climbed 50 cents to $8 in trading 56,820 stocks. NCB Financial rose 50 cents and ended at $68.50, with 21,422 units clearing the market, Pan Jamaica gained 73 cents to close at $50.43 with a transfer of 5,880 stock units, Sagicor Group shed 45 cents in closing at $41.50 after trading 24,167 shares. Seprod advanced $3 to end at $77 with an exchange of 3,906 stocks and Supreme Ventures dropped 99 cents to $26, with 27,440 units crossing the market.
Trading slipped to a mere 6,383,376 shares being exchanged for just $32,170,003 down from 16,736,165 units at $57,402,800 on Thursday.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six with lower offers.
Proven Investments shed $1.48 to end at $22.01 in an exchange of 15,848 shares, Sagicor Group popped 95 cents in closing at $41.95 with traders dealing in 175,260 units, Scotia Group gained $1.14 and ended at $33.99 after an exchange of 5,240 stocks. Seprod dipped $3.89 to $74, with 27,420 stock units crossing the market, Supreme Ventures rose 49 cents in closing at $26.99 in switching ownership of 11,913 shares and Sygnus Credit Investments fell 64 cents to end at $11.11 after exchanging 20,349 units.
Jamaica Public Service 7% shed $1 to close at $45, with 198 stocks clearing the market and JMMB Group 7% preference share lost 36 cents and ended at $2.04 with a transfer of 3,435 stock units.