Trading jumped on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 163 percent and the value 209 percent more than on Tuesday, with 52 securities trading compared with 54 on Tuesday, with 18 rising, 21 declining and 13 ending unchanged.
A total of 21,242,982 shares were traded for $150,463,331 up from 8,077,700 units at $48,668,636 on Tuesday.
Trading averaged 408,519 shares at $2,893,526 compared with 149,587 shares at $901,271 on Tuesday and month to date, an average of 243,186 units at $1,759,478, compared with 165,733 units at $1,228,213 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Carreras led trading with 12.74 million shares for 60 percent of total volume followed by Transjamaican Highway with 3.84 million units for 18.1 percent of the day’s trade with the stock hitting a record close of $2.87, Wigton Windfarm ended with 1.40 million units for 6.6 percent market share and Sagicor Select Financial Fund with 1.11 million units for 5.2 percent of the total volume.
The All Jamaican Composite Index lost 1,589.24 points to end at 351,459.43, the JSE Main Index shed 2,331.49 points to settle at 320,948.76 and the JSE Financial Index slipped 0.93 points to settle at 71.06.
The Main Market ended trading with an average PE Ratio of 12.2. 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.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments skidded 34 cents to end at $75.10 and closed with and exchange of 50,951 shares, Caribbean Producers dropped 42 cents to close at $10.28 while exchanging 4,161 units, First Rock Real Estate gained 30 cents and ended at $8 with 31 stock units changing hands, General Accident fell 74 cents to $5.25 trading 44,463 stocks.
GraceKennedy rallied 50 cents in closing at $75.50 in switching ownership of 23,408 stocks, Jamaica Stock Exchange rose 30 cents in closing at $9.90, with 16,015 stock units clearing the market, Kingston Properties advanced 37 cents to end at $6.77 after an exchange of 89 units, Kingston Wharves climbed 41 cents to $30, with 1,868 shares crossing the market. Mayberry Investments rose 43 cents and ended at $7.43 after exchanging 63,649 stocks, NCB Financial lost $2.99 to close at $64.51 as investors exchanged 13,632 stock units, Proven Investments declined 36 cents to close at $20.15 after a transfer of 3,389 units, Salada Foods popped 35 cents and ended at $3 with shareholders swapping 9,800 shares. Scotia Group rallied 44 cents to end at $33.94 in trading 81,862 units, Seprod popped $4.18 in closing at $74.18 with an exchange of 1,233 stock units and Wisynco Group increased $1.12 to $18.45 in an exchange of 345,315 stocks.
In the preference segment, Eppley 7.50% preference share climbed 42 cents to $6.01 with investors dealing in 473 shares, 138 Student Living preference share advanced $15.32 and ended at $120.32 one share changing hands and Productive Business Solutions 9.75% preference share shed $2 to close at $98 with a transfer of 69 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 on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 5 percent valued 63 percent more than on Monday and resulting in trading in 10 securities, compared to five on Monday with four rising, three declining and three ending unchanged.
Overall, 252,693 shares were traded, for US$10,412 compared to 266,503 units at US$6,378 on Monday.
Trading averaged 25,269 units at US$1,041, versus 53,301 shares at US$1,276 on Monday, with a month to date average of 34,613 shares at US$1,119 compared to September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index slipped 0.45 points to settle at 255.88.
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 three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Productive Business Solutions declined 2 cents and ended at US$1.95 with an exchange of 2 shares, Proven Investments fell 0.13 of a cent to close at 13.77 US cents after 1,092 stock units were traded, Sterling Investments gained 0.05 of a cent in closing at 1.75 US cents after a transfer of 3,205 units.
Sygnus Credit Investments remained at 9.02 US cents in trading 8,054 stocks, Sygnus Real Estate Finance USD share ended at 10 US cents with investors dealing in 208 shares and Transjamaican Highway skidded 0.03 of a cent to 1.8 US cents while exchanging 239,395 units.
In the preference segment, JMMB Group 5.5% rallied 0.42 cents to close at US$1.989 with a transfer of 52 stocks, JMMB Group 5.75% rose 30 cents to US$2.17, with 68 stock units changing hands, JMMB Group 6% popped 6.8 cents in closing at US$1.07 in switching ownership of 231 stock units and Productive Business Solutions 9.25% preference share remained at US$12 after 386 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 151 percent but valued 28 percent less than on Tuesday and resulting in trading of nine securities similar to Tuesday and ended with prices of three rising, four declining and two ending unchanged.
Overall, 1,007,248 shares were traded for US$34,775 compared with 401,339 units at US$48,561 on Tuesday.
Trading averaged 111,916 units at US$3,864 versus 44,593 shares at US$5,396 on Tuesday, with a month to date average of 51,844 shares at US$3,990 compared with 47,869 units at US$3,999 on the previous day and August that ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 1.48 points to close at 252.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 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 two with lower offers.
At the close, First Rock Real Estate USD share lost 0.68 of one cent to close at 5.12 US cents in an exchange of just one share, Margaritaville skidded 2.67 cents to end at 11.35 US cents after trading of 4,985 stocks, MPC Caribbean Clean Energy popped 5 cents and ended at 60 US cents with a transfer of 2,324 units, Proven Investments remained at 14 US cents with investors transferring 69,713 stock units.
Sterling Investments shed 0.2 of a cent in closing at 1.7 US cents after an exchange of 11,587 stocks, Sygnus Credit Investments declined 0.05 of a cent to 9.02 US cents after 19,641 stock units were traded, Transjamaican Highway rose 0.08 of a cent in closing at 1.7 US cents with stakeholders exchanging 892,489 units.
In the preference segment, JMMB Group 6% advanced 0.2 of a cent to close at US$1.002, with 6,500 shares crossing the market and Productive Business Solutions 9.25% preference share ended at US$12 as investors exchanged 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 128 percent valued 23 percent more than on Monday, resulting in trading in nine securities, similar to Monday and ended with prices of two rising, three declining and four ending unchanged.
Overall, 401,339 shares were traded, for US$48,561 compared to 175,984 units at US$39,421 on Monday.
Trading averaged 44,593 units at US$5,396, versus 19,554 shares at US$4,380 on Monday, with a month to date average of 47,869 shares at US$3,999 compared to 48,101 units at US$3,900 on the previous day, down from August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index dropped 3.66 points to undefined 254.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4 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 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 one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.2 of a cent to end at 5.8 US cents with shareholders swapping 9,526 shares, Margaritaville rose 3.02 cents to close at 14.02 US cents in an exchange of just one stock unit,
Proven Investments advanced 0.5 of a cent to 14 US cents with an exchange of 325,066 units. Sterling Investments remained at 1.9 US cents with investors dealing in 5,408 stocks, Sygnus Credit Investments ended at 9.07 US cents in switching ownership of 90 stock units, Sygnus Real Estate Finance USD share remained at 10 US cents after 81 units crossed the exchange and Transjamaican Highway dipped 0.07 of a cent to end at 1.62 US cents with traders dealing in 60,714 stocks.
In the preference segment, JMMB Group 6%lost 7.27 cents and ended at US$1 in an exchange of 395 shares and Productive Business Solutions 9.25% preference share ended at US$12 after 58 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 8,077,700 shares were traded for $48,668,636 compared with 10,318,659 units at $87,662,978 on Monday.
The Main Market ended trading with an average PE Ratio of 12.2. 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 Stock Exchange increased 60 cents to close at $9.60 after 7,627 units passed through the market, JMMB Group fell $2.26 and ended at $27.30 in an exchange of 50,094 shares, Kingston Properties skidded $1.10 in closing at $6.40 in trading 150,600 stock units, Kingston Wharves dropped 41 cents to $29.59 with a transfer of 4,588 stocks. Massy Holdings skidded $2.80 to close at $100.10 after a transfer of 5,247 units, NCB Financial dipped 99 cents and ended at $67.50 with shareholders swapping 10,276 shares, Proven Investments fell $1.46 to end at $20.51, with 3,082 stocks crossing the exchange, Sagicor Group shed $2 and ended at $45 in switching ownership of 166,783 stock units. Salada Foods declined 39 cents in closing at $2.65 after trading 400 stocks, Seprod lost $4.50 to end at $70 with investors transferring 7,249 stock units, Stanley Motta shed $1.05 to close at $5.30 with 826 shares clearing the market and Wisynco Group skidded 67 cents to end at $17.33 after 29,314 units crossed the market.
In the preference segment, Eppley 7.50% preference share dipped 58 cents to end at $5.59 with traders dealing in 116 stocks and Jamaica Public Service 7% declined $7.25 to $41.15 and closed with 400 shares being traded.
A total of 10,318,659 shares were exchanged for $87,662,978 compared to 22,184,532 units at $189,538,021 on Friday.
The Main Market ended trading with an average PE Ratio of 12.4. 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.
Kingston Properties skidded 50 cents in closing at $7.50 as investors exchanged 32,491 units, Massy Holdings lost $1 to close at $102.90 after a transfer of 1,925 stocks, Mayberry Jamaican Equities climbed 50 cents to close at $10.50 after 4,679 shares changed hands, MPC Caribbean Clean Energy fell $2 and ended at $81 after exchanging 860 stock units. NCB Financial dropped $1.48 to end at $68.49 with investors transferring 93,728 units, Pan Jamaica increased $1.15 in closing at $51.50 after trading 25,182 stock units, Proven Investments rose $1.85 to $21.97 in an exchange of 10,524 stocks, Sagicor Group shed $1.48 to close at $47 with 183,195 shares crossing the exchange. Scotia Group skidded 56 cents in closing at $33.50, with 5,166 units changing hands, Seprod shed 40 cents to end at $74.50 after an exchange of 8,372 stock units,
Stanley Motta rallied 40 cents to $6.35 with traders dealing in 326,153 stocks and Supreme Ventures lost 87 cents and ended at $26 while 115,040 shares were exchanged.
A total of 22,184,532 shares were traded for $189,538,021 compared with 13,644,908 units at $75,752,827 on Thursday, including General Accident that was added to the Main Market but only traded 100 shares at the price of $6.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and seven with lower offers.
Mayberry Investments dropped $1 to end at $7 in an exchange of 279,105 stocks. Mayberry Jamaican Equities lost 50 cents and ended at $10 after exchanging 6,074 stock units, NCB Financial rose $4.97 to $69.97 in an exchange of 51,699 stocks, Proven Investments dipped $1.87 to close at $20.12 with stakeholders exchanging 11,810 units, Pulse Investments fell 36 cents and ended at $2.06 with investors dealing in 10,577 shares. Radio Jamaica increased 38 cents to end at $1.79 as investors exchanged 2,318,438 units, Sagicor Group gained $3.48 in closing at $48.48, with 202,225 shares crossing the market, Seprod climbed $4.91 to $74.90 after 75,505 stock units passed through the exchange and Stanley Motta advanced 35 cents to close at $5.95 in trading 6,053,426 stocks.
In the preference segment, Jamaica Public Service 7% popped $6.40 and ended at $48.40 after an exchange of 113 stock units and JMMB Group 7% preference share rallied 43 cents in closing at $2.30 after 522 shares were traded.
A total of 13,644,908 shares were traded for $75,752,827 down from 45,685,912 units at $335,401,719 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.6. 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 up to August 2024.
Kingston Wharves rose $1 in closing at $29, with 17,510 stocks changing hands, Mayberry Jamaican Equities dipped 75 cents and ended at $10.50 after hitting an intraday 52 weeks’ low of $8.01, with 3,441 shares clearing the market, NCB Financial dropped $3 to $65 after 227,799 stock units passed through the market. Pan Jamaica rallied $1.20 to end at $50.20 with an exchange of 12,890 stocks, Portland JSX advanced 30 cents to close at $10.80 in switching ownership of 1,939 shares, Proven Investments increased $1.99 and ended at $21.99 with traders dealing in 12,480 units. Sagicor Group rallied 40 cents to $45 with a transfer of 204,396 shares, Seprod rose 74 cents in closing at $69.99, with investors trading 4,137 stock units and Stanley Motta advanced 32 cents to end at $5.60, with 2,117,321 units crossing the market
In the preference segment, 138 Student Living preference share gained $2 to end at $105 with shareholders swapping 1,400 stocks.
A total of 45,685,912 shares were traded for $335,401,719 compared to 6,414,893 units at $41,595,803 on Tuesday.
The Main Market ended trading with an average PE Ratio of 12.3. 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.
Kingston Wharves rallied 51 cents and ended at $28 with a transfer of 93,940 shares, Mayberry Investments advanced 50 cents to $8 with stakeholders exchanging 42,900 stocks. MPC Caribbean Clean Energy jumped $13 to end at $83 while exchanging 1,477 shares, NCB Financial increased $2.50 to close at $68, with 37,557 stocks crossing the market, Pan Jamaica gained $3.25 in closing at $49 with investors dealing in 40,529 stock units. Portland JSX popped $2.07 in closing at $10.50 after 20,000 units changed hands, Supreme Ventures dipped $1.52 to close at $27, with 202,492 stock units changing hands and Wisynco Group rallied 56 cents and ended at $17.90 in an exchange of 175,282 shares.
In the preference segment, JMMB Group 7% preference share lost 53 cents to close at $1.87 after a transfer of 3,787 stocks, 138 Student Living preference share leapt $22.70 to end at $103 with investors trading 3,889 units and Productive Business Solutions 10.5 % preference share dipped $1 and ended at $1,214 in switching ownership of 11 shares.
A total of 6,414,893 shares were traded for $41,595,803, far adrift from 14,060,598 units at $91,699,748 on Monday.
The Main Market ended trading with an average PE Ratio of 12.3. 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.
Kingston Properties dropped 78 cents in closing at $6.50 with investors exchanging 5,498 units. Kingston Wharves advanced $2.49 to $27.49, with just 32 stocks changing hands, Massy Holdings dipped 52 cents and ended at $103.88 with an exchange of 250 stock units, Mayberry Investments climbed 38 cents to close at $7.50 after investors traded 15,050 shares. Pulse Investments rose 39 cents to end at $2.39 with investors transferring 278,723 stocks, Scotia Group gained $2.05 in closing at $34.05 with a transfer of 1,941 units, Seprod skidded 41 cents and ended at $68.99 after 1,725 stocks passed through the market and Supreme Ventures increased $1.17 to end at $28.52 after exchanging 59,109 units.
In the preference segment, Eppley 7.50% preference share popped 43 cents to close at $6.58 after 201 shares were exchanged, Jamaica Public Service 7% lost $11.07 to close at $42 with shareholders swapping 1,650 stock units and Productive Business Solutions 10.5 % preference share jumped $195 to $1,215 with investors dealing in 21 stocks.