Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 194 percent rise in the volume of stocks traded rising valued 41 percent more than on Tuesday, with trading in 52 securities compared with 55 on Tuesday, with prices of 20 stocks rising, just 10 declining and 22 ending unchanged.
The market closed with an exchange of 29,083,191 shares for $83,058,622 up from 9,890,713 units at $58,907,474 on Tuesday.
Trading averaged 559,292 shares at $1,597,281 compared to 179,831 units at $1,071,045 on Tuesday and month to date, an average of 240,532 units at $1,544,517 compared with 221,971 units at $1,541,445 on the previous day and December with an average of 264,266 units at $3,755,946.
JMMB 9.5% preference share led trading with 16.97 million shares for 58.3 percent of total volume that was followed by Transjamaican Highway with 7.14 million units for 24.5 percent of the day’s trade and Wigton Windfarm with 2.23 million units for 7.7 percent of the day’s trade.
The All Jamaican Composite Index gained 1,716.13 points to settle at 357,434.77, the JSE Main Index rallied 944.29 points to finish at 320,606.67 and the JSE Financial Index declined 0.16 points to culminate at 68.84.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with their 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 six with lower offers.
At the close, Caribbean Cement dropped $1.99 to $51.26 with 35,226 stocks changing hands, Guardian Holdings lost $5 to close at $370 with investors dealing in 3,316 shares, Jamaica Producers climbed $1.93 in closing at $23.58 with 8,446 units clearing the market. JMMB Group popped 50 cents to $24.50 in an exchange of 22,800 stocks, Mayberry Group dipped 57 cents and ended at $6.51after 7,596 units passed through the market, Mayberry Jamaican Equities sank 43 cents to end at $9.10 with an exchange of 3,000 shares. Pan Jamaica advanced 54 cents in closing at $49.99 and closed with an exchange of 15,228 stocks, Sagicor Group rose $2.40 to end at $43.40 with a transfer of 12,372 stocks, Salada Foods rallied 64 cents and ended at $3.86 with 1,082 shares crossing the exchange. Scotia Group gained 49 cents to close at $40 in switching ownership of 257,885 units, Seprod climbed $2.50 to $86.80 with investors trading 54,910 stocks and Wisynco Group rose 33 cents and ended at $20.53 after a transfer of 32,169 stock units.
In the preference segment, 138 Student Living preference share skidded 72 cents to close at $192.28 with investors swapping 5 shares and Sygnus Credit Investments c10.5% gained $14.99 in closing at a record high of $114.99 after an exchange of 51,300 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady JSE USD Market trades
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 315 percent rise in the volume of stocks exchanged after 4 percent fewer dollars changed hands than on Thursday, resulting in trading in seven securities, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
The market closed with an exchange of 649,338 shares for US$15,760 compared to 156,654 units at US$16,462 on Thursday.
Trading averaged 92,763 units at US$2,251 versus 26,109 shares at US$2,744 on Thursday, with a month to date average of 39,670 shares at US$1,624 compared with 34,714 units at US$1,565 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index declined 3.74 points to close at 237.32.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 none with a lower offer.
At the close, First Rock Real Estate USD sharedipped 0.6 of one cent and ended at 4.1 US cents, with 2,744 stocks crossing the exchange, Margaritaville remained at 10 US cents in switching ownership of 179 units, Proven Investments ended trading of 4,364 shares at 13 US cents. Sterling Investments slipped 0.1 cent to end at 1.5 US cents, with 60,814 stock units crossing the market, Sygnus Credit Investments gained 1.02 cent in closing at 8.72 US cents with an exchange of 72,020 shares, Sygnus Real Estate Finance USD share popped 1.11 cents to 8.11 US cents with trading of 1,000 stocks and Transjamaican Highway rose 0.03 of a cent to close at 1.87 US cents after an exchange of 508,217 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No rising stocks for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 76 percent drop in the volume of stocks exchanged after 10 percent less dollars changed hands compared to Wednesday, resulting in trading in six securities, up from four on Wednesday with prices of no stocking rising, four declining and two ending unchanged.
The market closed with an exchange of 156,654 shares for US$16,462 down from 664,963 units at US$18,341 on Wednesday.
Trading averaged 26,109 units at US$2,744 compared with 166,241 shares at US$4,585 on Wednesday, with a month to date average of 34,714 shares at US$1,565 compared with 35,463 units at US$1,463 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index dropped 1.27 points to finish at 241.06, with the market still in positive territory for the year.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. 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 none with a lower offer.
At the close, Margaritaville shed 0.52 of one cent in closing at 10 US cents with investors trading 22 stock units, Proven Investments sank 0.5 of a cent to 13 US cents, with 96,006 shares crossing the market, Sterling Investments ended at 1.6 US cents with traders dealing in 803 stocks. Sygnus Credit Investments dipped 1.3 cents to close at 7.7 US cents, with 35,749 units changing hands, Sygnus Real Estate Finance USD share remained at 7 US cents in trading 12,400 stocks and Transjamaican Highway lost 0.04 of a cent to end at 1.84 US cents with trading in11,674 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading steady for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market remained steady on Tuesday, with the volume of stocks exchanged rising marginally, with 10 percent less money changing hands than on Monday, resulting in trading in four securities, down from six on Monday with prices of two rising, one declining and one ending unchanged.
The market closed with an exchange of 508,298 shares for US$11,596 compared to 501,713 units at US$12,814 on Monday.
Trading averaged 127,075 units at US$2,899 up from 83,619 shares at US$2,136 on Monday, with a month to date average of 27,415 shares at US$1,271 compared with 20,880 units at US$1,164 on the previous day and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index increased 5.83 points to close at 243.50, up 5.4 percent for the year to date.
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 seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville skidded 1.47 cent in closing at 10.52 US cents with 3,390 shares crossing the exchange, Sterling Investments remained at 1.6 US cents with investors transferring 5 shares, Sygnus Credit Investments increased 1 cent and ended at 9 US cents, with 27,771 units clearing the market and Transjamaican Highway popped 0.08 of a cent to end at 1.87 US cents after an exchange of 477,132 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.