Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the market declining on each trading day for the week and ended with the volume of stocks changing hands rising 39 percent and the value surging 694 percent more than on Thursday, resulting in eight securities traded, compared to five on Thursday, with five rising, three declining and no ending unchanged.
A total of 390,785 shares were traded for US$54,548 compared with 281,542 units at US$6,866 on Thursday.
Trading averaged 48,848 units at US$6,818 compared to 56,308 shares at US$1,373 on Thursday, with a month to date average of 45,010 shares at US$1,972, up from 44,626 units at US$1,487 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dipped 6.28 points to 224.32.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and 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 gained 0.51 of one cent to end at 4.86 US cents while exchanging 3,939 shares, MPC Caribbean Clean Energy increased 2 cents in closing at 56 US cents after a transfer of 368 stocks,
Productive Business Solutions dipped 10 cents to close at US$1.50 in an exchange of 270 stocks. Proven Investments climbed 0.01 of a cent to end at 14.51 US cents with shareholders swapping 6,450 units, Sterling Investments dipped 0.3 of a cent and ended at 1.6 US cents after investors traded 11,631 stocks, Sygnus Credit Investments rallied 0.15 of a cent and ended at 8.75 US cents in trading 103,566 shares and Transjamaican Highway lost 0.02 of a cent to end at 1.62 US cents, with 244,791 units changing hands.
In the preference segment, JMMB Group 5.75% popped 2 cents to US$2, with 19,770 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A week of decline for JSE USD Market
Trading jumps on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands surging 9,370 percent with a value 55 percent lower than on Wednesday and resulted in five securities traded, compared to four on Wednesday with one rising, three declining and one ending unchanged.
Overall, 281,542 shares were traded for US$6,866 compared to 2,973 units at US$15,157 on Wednesday.
Trading averaged 56,308 units at US$1,373, versus 743 shares at US$3,789 on Wednesday, with a month to date average of 44,626 shares at US$1,487 compared with 43,847 units at US$1,495 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 0.88 points to end at 230.60.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share fell 0.52 of a cent and ended at 4.35 US cents after trading 21,613 shares, MPC Caribbean Clean Energy ended at 54 US cents with stakeholders exchanging 54 stock units, Proven Investments dipped 0.19 cents to close at 14.5 US cents as investors exchanged 734 stocks and Transjamaican Highway rose 0.01 of a cent in closing at 1.64 US cents in an exchange of 258,358 units.
In the preference segment, JMMB Group 5.75% dropped 2 cents to US$1.98 in switching ownership of 783 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on the JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday, with a mere 2,973 shares traded for US$15,157 compared to 34,722 units at US$2,213 on Tuesday after a 91 percent in the volume traded and 585 percent dive in value compared with Tuesday, resulting from trading in four securities down from seven on Tuesday with one rising, one declining and two ending unchanged.
Trading averaged 743 units at US$3,789, versus 4,960 shares at US$316 on Tuesday, well below the month to date average of 43,847 shares at US$1,495 compared and 46,276 units at US$1,365 on the previous day and. September with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dipped 1.50 points to 231.48.
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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Sterling Investments advanced 0.4 of one cent and ended at 1.9 US cents after 1,060 shares passed through the market and
Transjamaican Highway lost 0.05 of a cent to end at 1.63 US cents after an exchange of 500 stocks.
In the preference segment, JMMB Group 5.75% ended at US$2 with traders dealing in 118 units and Productive Business Solutions 9.25% preference share remained at US$11.50 in trading 1,295 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market drops 10% on Tuesday
The US Denominated Equities Index dropped nearly 10 percent after skidding 10.61 points on Tuesday to 232.98 and wiping all the gains recorded for the year to date after trading on the Jamaica Stock Exchange US dollar market ended, with the volume of stocks changing hands plunging 62 percent with the value 29 percent lower than on Friday, resulting in the trading of seven securities, similar to Friday and ended with prices of just two rising, five declining.
A total of 34,722 shares were traded for US$2,213 compared with 91,370 units at US$3,137 on Friday.
Trading averaged 4,960 units at US$316 compared with 13,053 shares at US$448 on Friday, with a month to date average of 46,276 shares at US$1,365 compared with 50,795 units at US$1,480 on the previous trading day, well below trading in September that ended with an average of 73,281 units for US$5,102.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three 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 climbed 0.37 of a cent to close at 4.87 US cents in an exchange of 2,866 shares, Margaritaville lost 1.98 cents to end at 11.02 US cents, with trading of 839 units,
Productive Business Solutions declined 20 cents in closing at US$1.60 after trading 220 stock units. Proven Investments popped 0.04 of a cent to 14.69 US cents with investors transferring 373 stocks, Sterling Investments dipped 0.29 of a cent to 1.5 US cents after a transfer of 2,000 units and Transjamaican Highway skidded 0.04 of a cent to 1.68 US cents with a transfer of 27,893 shares.
In the preference segment, JMMB Group 5.75% fell 17 cents in closing at US$2 in switching ownership of 531 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD Market
Trading plunged on the Jamaica Stock Exchange US dollar market ended on Friday, with an 89 percent fall in the volume of stocks changing hands valued 85 percent less than on Thursday, resulting in the trading of seven securities compared to six on Thursday with three rising, two declining and two ending unchanged.
Overall, 91,370 shares were traded, for US$3,137 compared to 866,262 units at US$20,932 on Thursday.
Trading averaged 13,053 units at US$448, versus 144,377 shares at US$3,489 on Thursday, with a month to date average of 50,795 shares at US$1,480 compared with 55,430 units at US$1,607 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index gained 3.42 points to 243.59.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9 based on the last traded price divided by projected earnings computed by ICInsider.comfor companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share shed 0.37 of one cent in closing at 4.5 US cents with traders dealing in 2,967 shares,
Proven Investments rose 0.65 of one cent to 14.65 US cents with a transfer of 7,676 stock units, Sterling Investments gained 0.1 of a cent to end at 1.79 US cents with an exchange of 12,723 stocks. Sygnus Credit Investments declined by 0.4 of one cent and ended at 8.6 US cents after an exchange of 5,250 shares, Sygnus Real Estate Finance USD share climbed 0.1 of a cent to close at 10 US cents as investors exchanged 500 stock units and Transjamaican Highway remained at 1.72 US cents, with 62,199 shares crossing the exchange.
In the preference segment, JMMB Group 5.75% ended at US$2.17 after exchanging 55 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market rally benefitted from some significant price increases after Guardian Holdings jumped $29, Massy Holdings rose $8.80, Pan Jamaica climbed $3.46, followed by Sagicor Group, adding $1.29 and Caribbean Cement gaining $1.27.
The Main Market ended trading with an average PE Ratio of 12.1. 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 up to August 2024.
Jamaica Producers lost 95 cents to end at $19 with 4,000 shares, clearing the market. JMMB Group popped 50 cents to $27.50 after trading 36,025 units, Massy Holdings gained $8.80 and ended at $98.80, with just three stocks crossing the market, MPC Caribbean Clean Energy skidded $13.50 in closing at $76.50 as investors exchanged 100 stock units. Pan Jamaica increased $3.46 to close at $50.46 after a transfer of 50 shares, Proven Investments fell $2.24 to end at $21.50 with stakeholders trading 6,000 units, Sagicor Group advanced $1.29 to $43.50 in switching ownership of 3,697 stocks. Seprod popped 50 cents to close at $71.50 after 2,054 stock units crossed the market and Wisynco Group advanced 71 cents in closing at $19.95 in an exchange of 107,030 shares.
In the preference segment, Jamaica Public Service 9.5% dropped $9 to end at $2,890, with one stock changing hands and Productive Business Solutions 9.75% preference share rose $4.25 and ended at $125 with traders dealing in 10 stocks.
remained dismally low even with the volume of stocks traded rising 57 percent and the value jumping 55 percent more than on Wednesday, following trading in 58 securities, up from 53 on Wednesday, with 22 rising, 18 declining and 18 ending unchanged.
The All Jamaican Composite Index popped 3,669.02 points to settle at 347,821.93, the JSE Main Index increased 2,954.52 points to conclude trading at 315,397.91 and the JSE Financial Index popped 0.59 points to 69.50.
Massy Holdings dipped 60 cents to $96.50 with 1,251 shares clearing the market, Mayberry Investments rose 45 cents and ended at $7.45 after 75 stock units passed through the market, but before the company released nine months result with a $985 million loss for the third quarter and $693 million loss for the nine months, after reporting big investment losses in both periods. MPC Caribbean Clean Energy climbed $9 in closing at $90 while exchanging 56 stocks, NCB Financial fell $1.01 to $63.99 as investors exchanged 97,603 units, Pan Jamaica popped $2.10 to close at $50.10 in switching ownership of 90 shares, Sagicor Group dipped 98 cents and ended at $43.50 and closed with an exchange of 4,169 stock units. Scotia Group gained 95 cents to end at $34.70 with traders dealing in just 2,800 stocks, Seprod rallied $4.74 to $70 with shareholders swapping 55,404 units, Supreme Ventures popped 50 cents in closing at $26.75 after 3,600 shares crossed the exchange and Wisynco Group gained $1.40 to end at $19.50 with a transfer of 293,089 stocks.
In the preference segment, Productive Business Solutions 10.5 % preference share jumped $54 to close at $1100 after trading 19 units.
Trading ended with prices of rising and declining stocks totalling 19 each with 15 ending unchanged.
The Main Market ended trading with an average PE Ratio of 12.1. 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 up to August 2024.
Sagicor Group rose $1.46 in closing at $44.48 after investors traded 26,043 stock units, Salada Foods advanced 42 cents to close at $3.04 104,742 stocks crossing the market, Seprod shed $6.24 and ended at $65.26, with 8,024 shares changing hands. Stanley Motta increased 80 cents to close at $6 with investors dealing in 1,845 units, Supreme Ventures dipped 75 cents to end at $26.25 in trading 30,032 stock units and Wisynco Group dropped 36 cents in closing at $18.10 after 44,718 stocks passed through the market.
Jamaica Public Service 9.5% climbed $10 to end at $2,900 with an exchange of 2 shares and Productive Business Solutions 9.75% preference share jumped $21.75 to $120.75 after a transfer of 1,655 stocks.
The All Jamaican Composite Index gained 1,148.31 points to end at 347,455.34, the JSE Main Index advanced 341.60 points to conclude trading at 315,226.37 and the JSE Financial Index popped 0.04 points to end at 69.31.
Jamaica Broilers skidded $1.25 to $32.75 after a transfer of 36,766 stock units, JMMB Group dropped 97 cents to close at $27.50 as investors traded 31,660 units, Kingston Wharves rallied $3.24 to close at $30.75 with an exchange of 53,840 stocks, Pan Jamaica lost $2.22 to $47.98 with traders dealing in 15,171 stock units, Proven Investments increased $2 to end at $24, with 5,956 shares changing hands, Seprod climbed $2.50 and ended at $71.50 in an exchange of 3,891 stocks, Stanley Motta fell 85 cents in closing at $5.20 with investors dealing in 1,049 stock units and Wisynco Group gained 35 cents and ended at $18.46 with a transfer of 5,160,425 shares.
Productive Business Solutions 9.75% preference share dropped $1 to end at $99 after 729 stock units passed through the market.
A total of 10,576,110 shares were traded for $124,236,160 compared with 29,125,035 units at $83,569,212 on Thursday.
The All Jamaican Composite Index rose 192.48 points to finish at 346,307.03, the JSE Main Index rallied 212.42 points to conclude trading at 314,884.77 and the JSE Financial Index popped 0.92 points to close at 69.27.
Massy Holdings skidded $2.89 to $97.10 with investors transferring 33,175 units. NCB Financial dipped 39 cents to close at $64 in switching ownership of 51,418 stocks, Proven Investments increased 70 cents in closing at $22 after exchanging 1,000 stock units, Sagicor Group rose $1 to $43 in trading 12,457 shares. Salada Foods fell 42 cents to end at $2.62, with 128,964 units crossing the market, Sygnus Real Estate Finance advanced 58 cents to end at $10.14 while exchanging 38 stocks and Wisynco Group shed 89 cents to close at $18.11 after 85,017 stock units changed hands.
In the preference segment, Jamaica Public Service 7% declined $6 and ended at $42, with 620 units passing through the market and Jamaica Public Service 9.5% dropped $10 to close at $2890 with stakeholders exchanging 2,100 stock units.