After two days of gains, Main Market stocks gave back a great deal at the close of trading activity on the Jamaica Stock Exchange on Thursday, with a big 784 percent jump in the volume of stocks traded, with the value surging 264 percent more than on Wednesday, after trading took place in 58 securities compared with 56 on Wednesday, as prices of 31 stocks declined with 17 rising and 10 ending unchanged.
A total of 124,688,141 shares were exchanged for $235,501,470 compared with 14,111,309 units at $64,741,889 on Wednesday.
Trading averaged 2,149,796 shares at $4,060,370 up from 251,988 units at $1,156,105 on Wednesday and month to date, an average of 1,217,539 stocks at $2,633,714, compared with July, that closed with an average of 283,368 units at $2,135,482
Transjamaican Highway 8% led trading with 113.10 million shares for 90.7 percent of total volume, followed by Wigton Windfarm with 2.31 million units for 1.9 percent of the day’s trade. Mayberry Investments ended with 2.0 million units for 1.6 percent market share, Pulse Investments came in with 1.84 million units for 1.5 percent market share and Transjamaican Highway with 1.63 million units for 1.3 percent of total volume.
The All Jamaican Composite Index lost 4,924.76 points to finish at 361,073.80, the JSE Main Index dropped 2,534.77 points to 326,525.24 and the JSE Financial Index slipped 1.53 points to 72.18.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 10 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments declined 50 cents to $76.20 and closed with an exchange of 93,908 shares, Berger Paints dropped 30 cents to close at $7.64, with 2,039 stock units crossing the market, Eppley dipped $1 and ended at $34 with an exchange of 1,000 units, Eppley Caribbean Property Fund increased $1.50 to end at $41.50 after an exchange of 3 stocks, First Rock Real Estate fell 91 cents in closing at $9.11 with investors transferring 6,000 shares. GraceKennedy shed $1.50 in closing at $76 after exchanging 66,220 stock units, Guardian Holdings lost $38 in ending at $400, with 79 units crossing the market, Jamaica Producers dropped 94 cents to $19.21 as investors exchanged 5,620 stocks, Jamaica Stock Exchange lost $1.64 to close at $10.23 in trading 9,646 units.
Key Insurance declined 41 cents to end at $2.51 with 277 shares clearing the market, Massy Holdings climbed $3.48 to $100.99 with an exchange of 20 stocks, MPC Caribbean Clean Energy rallied $3.67 to close at $81.99 with shareholders swapping a mere one stock unit, NCB Financial rose $1.89 ended at $74.99 in an exchange of 100,400 units. 138 Student Living shed 54 cents to end at $4.11 after trading in 2,451 shares, Palace Amusement advanced 37 cents in closing at $2.37 in an exchange of 21,587 stock units, Pan Jamaica fell $1 in closing at $48 in switching ownership of 2,453 stocks, Proven Investments dipped 75 cents to end at $22.50 after 3,933 shares passed through the market. Sagicor Group fell $4.94 to 52 weeks’ low of $44.01 while exchanging 10,647 stock units, Seprod lost $1.30 in ending at $70, with 20,904 units changing hands, Stanley Motta dropped 58 cents to close at $4.32 with a transfer of 2,000 stocks, Supreme Ventures gained $1.60 in closing at $29.60, with 173,372 units crossing the exchange and Sygnus Real Estate Finance popped 80 cents to close at $11 after a transfer of 73 shares.
In the preference segment, Eppley 7.50% preference share shed 61 cents to end at $6 after a transfer of 200 stock units, Jamaica Public Service 7% advanced $11.48 and ended at $61.48, with 16 stocks changing hands, Productive Business Solutions 9.75% preference share popped $2.50 in closing at $101.50 after an exchange of 49 units, Productive Business 10.50% preference share dropped $55 to $1,100 with investors transferring 223 stocks and Transjamaican Highway 8% dipped 37 cents to $1.48 in an exchange of 113,099,641 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in JSE USD Market
Trading slipped on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 64 percent valued 83 percent less than Thursday, resulting in the trading of five securities, compared to six on Thursday with one rising, three declining and one ending unchanged.
A total of 394,211 shares were traded at US$7,160 compared to 1,106,224 units at US$42,488 on Thursday.
Trading averaged 78,842 shares at US$1,432 compared to 184,371 units at US$7,081 on Thursday, with a month to date average of 91,138 shares at US$2,901 compared to 91,697 units at US$2,968 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index dipped 1.26 points to end at 244.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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, Margaritaville fell 0.28 of one cent to 8.72 US cents as investors exchanged 2,802 shares, Proven Investments fell 0.4 of a cent to 14.5 US cents with investors trading 2,344 units. Sygnus Credit Investments dipped 0.01 of a cent to 10.92 US cents, with 564 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10.4 US cents after 4 stock units passed through the market and Transjamaican Highway added 0.01 of a cent in closing at 1.8 US cents, with stakeholders exchanging 388,497 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading declined on the Jamaica Stock Exchange US dollar market on Wednesday, with a 73 percent decline in the volume of stocks changing hands, with a 70 percent lower value than on Tuesday, resulting in trading in five securities, compared to seven on Tuesday, with two rising and three ending unchanged.
Overall, 88,156 shares were traded for US$3,695 down from 329,260 units at US$12,513 on Tuesday.
Trading averaged 17,631 units at US$739 compared to 47,037 shares at US$1,788 on Tuesday, with a month to date average of 86,350 shares at US$2,730 compared with 89,821 units at US$2,831 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index gained 2.51 points to close at 250.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville ended at 9 US cents, with 24,513 shares changing hands, MPC Caribbean Clean Energy climbed 5.7 cents in closing at 62.7 US cents, with two units crossing the market. Productive Business Solutions ended at US$1.80 while trading 206 stocks, Sterling Investments ended at 2 US cents after an exchange of 10,005 units and Transjamaican Highway rallied 0.17 cents to close at 1.8 US cents with a transfer of 53,430 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 65 percent, valued 9 percent more than on Monday, resulting from trading in seven securities, compared to six on Monday with one rising, three declining and three ending unchanged.
Overall, 329,260 shares were traded for US$12,513 compared to 199,644 units at US$11,531 on Monday.
Trading averaged 47,037 shares at US$1,788 versus 33,274 units at US$1,922 on Monday, For the month to date an average of 89,821 shares were traded for US$2,831 compared with 93,076 stock units at US$2,910 on the previous day. Trading in June ended with an average of 60,969 shares for US$3,967.
The US Denominated Equities Index rallied 3.28 points to 248.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 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 ended at 4 US cents while exchanging 25,107 shares, Margaritaville shed 0.35 of a cent to close at 9 US cents, with 400 stocks changing hands, MPC Caribbean Clean Energy ended at 57 US cents in trading 63 stock units. Proven Investments advanced 0.05 of a cent to 14.85 US cents as investors exchanged 200 stock units, Sygnus Credit Investments declined 0.02 of a cent to end at 10.93 US cents, with 150 stocks clearing the market and Transjamaican Highway dipped 0.01 of a cent and finished at 1.63 US cents with shareholders swapping 302,852 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$12.50 after an exchange of 488 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 14,111,309 shares were traded for $64,741,889 compared with 10,267,719 units at $85,148,440 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
NCB Financial dipped 89 cents to $73.10 as 275,809 stocks were exchanged, Palace Amusement lost 40 cents in closing at $2 with investors exchanging 45,050 units, Portland JSX increased $1.29 in closing at $10.79, with 19 shares clearing the market, Proven Investments rose $1.84 and ended at $23.25, with stakeholders trading 124 stock units. Pulse Investments gained 32 cents to close at $2.50, with 50,000 units crossing the market, Sagicor Group popped $1.95 to end at $48.95 with an exchange of 571 stock units, Seprod dropped $2.70 to close at $71.30 after the exchange of 4,621 stocks and Sygnus Credit Investments rose 77 cents in closing at $11.98 with shareholders swapping 1,667 shares.
138 Student Living preference share advanced $1.98 to close at $99.98 in an exchange of 9 stocks, Productive Business 10.50% preference share increased $5 and ended at $1,155, with 100 shares changing hands and Productive Business Solutions 9.75% preference share dropped $2.50 to end at $99 after the trading of 191 stocks.
A total of 10,267,719 shares were exchanged at $85,148,440 versus 10,233,836 units at $120,089,926 on Friday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The JSE Main and USD Market PE ratios are calculated 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 rose 33 cents to close at $7.80 as 158,341 stocks passed through the market, Massy Holdings dipped $3.49 to $97.51 with investors transferring 5,021 units, Mayberry Investments gained 63 cents to end at $8.69 in an exchange of 1,338 shares, NCB Financial climbed 54 cents in closing at $73.99 with 84,828 stock units crossing the market, Proven Investments dropped $1.84 to close at $21.41 after a transfer of 41,611 shares, Sagicor Group advanced $3 to $47 with stakeholders exchanging 756,240 stock units, Scotia Group popped 48 cents to $34.50 after exchanging 36,861 units, Seprod gained $3 to close at $74, with 63,006 stocks clearing the market, Stanley Motta rose 38 cents to end at $4.89 after an exchange of 34,276 shares and Sygnus Credit Investments shed 91 cents to end at $11.21 as investors exchanged 131,154 stock units.
In the preference segment, Productive Business 10.50% preference share dropped $100 to $1,150 in trading 5 stocks, Jamaica Public Service 7% lost $9.18 and ended at $52.02 while exchanging 2,119 units, JMMB Group 7% preference share dipped 34 cents to close at $1.94, with 20,756 units changing hands and 138 Student Living preference share dropped $2 to $98 with a transfer of 50 stock units.
Trading ended with 10,233,836 shares being exchanged for $120,089,926 compared with 16,120,424 units at $137,525,796 on Thursday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
NCB Financial dropped $1.54 to $73.45 in an exchange of 168,783 stocks. Palace Amusement gained 30 cents in closing at $2.35 in trading 28,924 stock units, Pulse Investments lost 50 cents and ended at $2.15 in switching ownership of 366,046 stocks, Supreme Ventures dipped $1.27 in closing at $27.83 after 42,691 shares passed through the market and Sygnus Real Estate Finance lost $1.90 in ending at $10.10 while exchanging 10,825 units.
138 Student Living preference share rose $22 to $100 as investors traded one share and Transjamaican Highway 8% declined 40 cents in closing at $2 with a transfer of 78,265 stock units.
A total of 16,120,424 shares were traded for $137,525,796 compared to 6,033,114 units at $83,588,030 on Wednesday.
The All Jamaican Composite Index popped 2,392.06 points to 365,690.74, the JSE Main Index gained 2,674.68 points to close at 328,877.60 and the JSE Financial Index rose 0.19 points to settle at 72.14.
Jamaica Producers dipped $1.41 to $19.08 in an exchange of 261,531 stock units, Kingston Properties fell 72 cents to close at $6.77 with stakeholders exchanging 5,150 units, Margaritaville rose 80 cents to $14.80 after an exchange of 3,944 stocks, Massy Holdings popped $2.45 and ended at $101 with 15 units clearing the market, Mayberry Investments climbed 78 cents to $8.80 after exchanging 67 shares, Palace Amusement shed 40 cents ended at $2.05 and closed with an exchange of 15,238 stocks, Proven Investments increased 70 cents to end at $23.25 as investors exchanged 106 stock units. Sagicor Group lost $1 to close at a 52 weeks’ low of $44 with investors transferring 283,656 stocks, Seprod dipped $2.50 to close at $71 with investors trading 974 units and Supreme Ventures advanced 60 cents in closing at $29.10, as 100,722 stock units passed through the market.
138 Student Living preference share fell $9.24 in closing at $78, with 192 shares crossing the exchange, Productive Business Solutions 9.75% preference share gained $1.50 to end at $101.50 in switching ownership of 26 stock units and Transjamaican Highway 8% dropped 62 cents to close at $2.40, with 44,429 stocks changing hands.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of just 51 securities traded, down from 58 on Tuesday, with the price of 20 rising, 22 falling and nine ending unchanged.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated 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 advanced 94 cents to $20.49 in trading 30,521 stocks, JMMB Group fell 78 cents and finished at $28 after trading 11,759 units, Kingston Properties popped 79 cents to $7.49, with 1,926 shares crossing the market, Mayberry Jamaican Equities rose 34 cents to $11.85, with 300 stocks changing hands,Proven Investments increased $1.05 in closing at $22.55 in switching ownership of 1,006 units, Sagicor Group declined by a $1 and ended at at 52 weeks’ closing low of $45 with an exchange of 490,085 stock units, Sagicor Real Estate Fund rallied 50 cents to end at $8.50 as 735 shares passed through the market,
Supreme Ventures shed 50 cents in closing at $28.50 while exchanging 22,292 stock units and Wisynco Group gained 38 cents to close at $17.99 after trading 19,485 stocks.
A total of 14,463,415 shares were traded for $168,226,895 compared to 16,376,768 units at $130,799,765 on Monday.
The All Jamaican Composite Index climbed 114.21 points to 365,552.78, the JSE Main Index fell 1,300.23 points to 328,046.78 and the JSE Financial Index shed 0.46 points to close at 72.56.
Margaritaville dipped $1.11 to end at $13.89 with an exchange of 400 stock units. Massy Holdings advanced 55 cents to $98.55 in an exchange of 36 stock units, Mayberry Investments fell 47 cents to $8.02 after exchanging 41,126 shares, Mayberry Jamaican Equities dropped 39 cents in closing at $11.51 with 37,576 stock units crossing the market, MPC Caribbean Clean Energy increased $7.12 to end at $78.32 as 126 units crossed over the exchange. NCB Financial climbed $1 to $75 after trading 1,370,510 stock units, Proven Investments lost $1.75 to close at $21.50, with 469 shares changing hands, Sagicor Real Estate Fund declined 35 cents and ended at $8 after closing with an exchange of 50,265 stocks. Seprod popped 50 cents to close at $73.50 with shareholders swapping 10,537 units, Supreme Ventures increased $1.01 in closing at $29 after a transfer of 67,440 stock units, Sygnus Real Estate Finance advanced $1.25 to $12.15 after an exchange of 795 shares.
to close at $2,803, with stakeholders exchanging two units, 138 Student Living preference share fell $15.39 in closing at $87.24 as investors traded 32 shares and Transjamaican Highway 8% rallied 60 cents to $3 in an exchange of 200 stock units.