Stocks mostly bounced on the Jamaica Stock Exchange Main Market on Friday, with the market indices recording moderate gains following a 35 percent fall in the volume of stocks traded and a 30 percent lower value than on Thursday, as there was trading in 52 securities compared to 55 on Thursday. The market closed with prices of 24 stocks rising, 12 declining and 16 ending unchanged.
A total of 10,834,252 shares were traded for $176,431,924 versus 16,679,571 units at $253,751,659 on Thursday.
Trading averaged 208,351 shares at $3,392,922 compared to 303,265 units at $4,613,667 on Thursday and month to date, an average of 194,860 stock units at $1,601,231 compared to 194,169 shares at $1,509,440 on the previous day. December closed with an average of 604,110 units at $4,072,598
Wigton Windfarm led trading with 3.51 million shares for 32.4 percent of total volume, followed by PanJam Investment with 2.24 million units for 20.7 percent of the day’s trade, Stanley Motta with 1.78 million units for 16.4 percent market share and Transjamaican Highway with 1.38 million units for 12.8 percent market share.
The All Jamaican Composite Index rallied 1,622.56 points to 384,639.12, the JSE Main Index advanced 1,967.53 points to 340,317.50 and the JSE Financial Index gained 0.25 points to end at 81.21.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dipped 50 cents to $85.50 after 4,720 shares passed through the market, Caribbean Cement fell $1.16 to $58.73 with a transfer of 1,396 units, Caribbean Producers shed 60 cents in closing at $11.15 in trading 174,859 stock units. Eppley advanced $2.50 to $40 after trading one stock, First Rock Real Estate rose $1.99 to close at $14 after an exchange of 1,269 stock units, Guardian Holdings climbed $15 to end at $535 with the swapping of 625 stocks.
Jamaica Broilers popped $1.50 to close at $31.50 in exchange for 178,129 shares, Jamaica Producers rallied 99 cents to $20.99 with 168 units changing hands, JMMB Group lost 50 cents to close at $35 following trading of 206,544 stocks. Kingston Wharves advanced $5.45 to $35.70 with a transfer of 319 units, Mayberry Jamaican Equities gained $1.10 while ending at $13.10 with 5,497 stock units changing hands, Palace Amusement dropped a hefty $647 to end at $2,603 following investors exchanging 2,483 shares and pushing the stock to an intraday record high of $3,300. PanJam Investment rose $2.20 to $57.20 after trading 2,238,835 units, Proven Investments popped 80 cents to close at $31.80 with the swapping of 38,842 stock units, Scotia Group rallied $1 in closing at $34.90 in trading 3,504 shares.
Seprod shed $1.89 to end at $66.01 with an exchange of 6,860 stocks, Stanley Motta advanced 99 cents to $5.24 with investors transferring 1,778,058 stock units and Supreme Ventures popped 85 cents in closing at $27 after 132,915 units crossing the market.
In the preference segment, Eppley 7.50% preference share gained $1.50 to settle at $7.12 in trading 800 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 266 percent valued 819 percent more than on Wednesday, after nine securities were traded, compared to eight on Wednesday with three rising, two declining and four ending unchanged.
Overall, 417,724 shares were traded for US$36,261 compared with 114,022 units at US$3,947 on Wednesday.
Trading averaged 46,414 shares at US$4,029 compared with 14,253 units at US$493 on Wednesday, with a month to date average of 43,744 shares for US$3,593 being fairly steady with 43,578 units at US$3,566 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index added 0.37 points to end at 199.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share popped 0.79 of a cent to 7.79 US cents crossing after investors exchanged 400,159 shares, Productive Business Solutions remained at US$1.275 after a transfer of 585 stock units, Proven Investments climbed 0.89 of a cent in closing at 20 US cents after trading 16,499 stocks.
Sygnus Credit Investments J$ share ended at 12 US cents, with 180 units crossing the market, Sygnus Credit Investments USD share ended at 9.5 US cents after trading 59 shares and Transjamaican Highway fell 0.04 of a cent to end at 0.91 of one US cents as 76 units changed hands.
In the preference segment, Productive Business 9.25% preference share remained at US$11 after 150 stock units changed hands, Eppley 6% preference share dropped 2.5 cents to US$1.045 with investors transferring 15 stocks and Equityline Mortgage Investment preference share rallied 3 cents to close at US$1.67 after an exchange of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market plunged on Wednesday, with the volume and the value of stocks changing hands declining 93 percent from trading on Tuesday, resulting in eight securities traded, compared to 12 on Tuesday with two rising, three declining and three ending unchanged and resulting in the JSE US Denominated Equities Index dropping 14.24 points to close at 199.09.
Just 114,022 shares were traded for US$3,947 compared with 1,638,947 units at US$60,212 on Tuesday.
Trading averaged 14,253 shares at US$493 versus 136,579 shares at US$5,018 on Tuesday, with a month to date average of 43,578 shares at US$3,566 compared with 45,290 units at US$3,746 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three stocks with lower offers.
At the close, First Rock Real Estate USD share remained at 7 US cents after an exchange of 6,474 shares, Margaritaville dipped 2.18 cents in closing at 12.32 US cents in exchanging 304 stocks,
Productive Business Solutions fell 22.5 cents to US$1.275 after 406 stock units crossed the market. Proven Investments lost 0.89 of a cent to end at 19.11 US cents, with 10,000 units changing hands, Sterling Investments rallied 0.01 of a cent to 1.87 US cents after 4,722 stocks changed hands and Transjamaican Highway climbed 0.04 of a cent to close at 0.95 of one US cent after 92,103 units were traded.
In the preference segment, Productive Business 9.25% preference share ended at US$11 in switching ownership of 4 shares and JMMB Group 6% ended at US$1 after a transfer of 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume surges prices drop on JSE USD Market
Trading jumped on the Jamaica Stock Exchange US dollar market on Tuesday, with 905 percent more stocks changing hands, with the value rising 226 percent over Monday, resulting in the trading of 12 securities, compared to eight on Monday with no rising, eight declining and four ending unchanged.
Trading ended with an exchange of 1,638,947 shares for US$60,212 from 163,158 units at US$18,456 on Monday.
Trading averaged 136,579 units at US$5,018 versus 20,395 shares at US$2,307 on Monday, with a month to date average of 45,290 shares at US$3,746 compared with 36,527 units at US$3,624 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 3.71 points to end at 213.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.49 of a cent in ending at 7 US cents after an exchange of 34 shares, MPC Caribbean Clean Energy shed 5 cents in closing at 55 US cents, with 13 units crossing the market, Productive Business Solutions lost 5 cents to close at US$1.50 in an exchange of 3 stocks. Proven Investments dropped 0.94 of a cent to end at 20 US cents in trading 121,911 stock units, Sterling Investments declined 0.13 of a cent to 1.86 US cents with an exchange of 583 stock units, Sygnus Credit Investments J$ share dipped 1.28 cents to end at 12 US cents after a transfer of 822 shares.
Sygnus Credit Investments USD share remained at 9.5 US cents with the swapping of 284 units, Sygnus Real Estate Finance USD share ended at 9.5 US cents in switching ownership of 14,023 stocks and Transjamaican Highway lost 0.06 of a cent to end at 0.91 of one US cents after finishing trading of 1,481,029 shares.
In the preference segment, Productive Business 9.25% preference share remained at US$11 with investors transferring 86 stocks, Equityline Mortgage Investment preference share shed 3 cents to close at a 52 weeks’ low of US$1.64, with nine units crossing the market and JMMB Group 6% ended at US$1 in exchanging 20,150 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for the JSE USD market
Trading activity fell on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 72 percent valued 77 percent less than on Friday and resulted in eight securities traded, compared to seven on Friday, with three rising, two declining and three ending unchanged.
Overall, 163,158 shares were traded for US$18,456 compared with 590,378 units at US$81,708 on Friday.
Trading averaged 20,395 units at US$2,307, down from 84,340 shares at US$11,673 on Friday, with month to date average of 36,527 shares at US$3,624 compared with 37,630 units at US$3,714 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 1.20 points to end at 217.04.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.48 of a cent to 7.49 US cents after an exchange of 2,925 shares, Proven Investments increased 1.94 cents to 20.94 US cents in trading 46,134 units,
Sterling Investments remained at 1.99 US cents, with 3,500 stock units crossing the exchange. Sygnus Real Estate Finance USD share dropped 1.48 cents to end at 9.5 US cents, with 3,119 stocks being traded and Transjamaican Highway climbed 0.06 of a cent in closing at 0.97 US cents after a transfer of 102,490 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 in an exchange of 4 units, JMMB Group 5.75% fell 3 cents in closing at US$1.97 after 3,000 stocks were traded and JMMB Group 6% remained at US$1 as investors exchanged 1,986 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 16,679,571 shares were traded for $253,751,659 compared to 32,907,198 units at $46,037,711 on Wednesday.
Mayberry Investments fell 81 cents to $8 after investors traded 25,212 units. Mayberry Jamaican Equities shed $1 to settle at $12 after exchanging 303,361 stocks, Palace Amusement jumped $350 to end at a record high of $3,250 with 817 shares crossing the market, PanJam Investment dropped $2.20 to $55 after 2,528 stocks cleared the market. Proven Investments dipped 50 cents to $31 with the swapping of 1,705 stock units, Scotia Group fell 97 cents to end at $33.90 in trading 238,458 shares, Supreme Ventures fell $1.85 to $26.15 after a transfer of 66,596 units. Sygnus Credit Investments rallied 50 cents in closing at $13 in switching ownership of 25,136 stocks and Victoria Mutual Investments lost 47 cents ending at $3.53 with a transfer of 112,178 stock units.
In the preference segment, JMMB Group 7.15% – 2028 shed 40 cents to close at a 52 weeks’ low of $2.51 with investors transferring 50,000 shares and 138 Student Living preference share advanced $3.99 to $68.99 in an exchange of 253 units.
A total of 32,907,198 shares were traded for $46,037,711 compared to 23,052,827 units at $45,065,813 on Tuesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.1 on the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Jamaica Stock Exchange fell 76 cents to $13.72 after a transfer of 16,369 shares. Mayberry Investments advanced 74 cents to $8.81 in switching ownership of 504 units, NCB Financial rallied 99 cents to $79 in swapping 8,469 stock units, 138 Student Living gained 59 cents to finish at $4.90 trading 236 stocks. Palace Amusement climbed $100 to close at a 52 weeks’ high of $2,900 in transferring 832 stocks, PanJam Investment popped $2.20 to $57.20, with 250 units crossing the exchange, Proven Investments rose $1.48 in closing at $31.50 trading 1,539 stock units. Sagicor Group gained $1 to end at $52 with an exchange of 667 shares, Scotia Group popped 87 cents to $34.87 after an exchange of 32,403 units, Seprod rallied $1 to $68 with the swapping of 1,234 stock units.
Supreme Ventures gained 65 cents to close at $28 in trading 20,247 stocks and Sygnus Credit Investments rallied 44 cents in closing at $12.50 with 1,305 shares crossing the market.
A total of 23,052,827 shares were traded for $45,065,813 up from 9,807,711 units at $34,195,444 on Monday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Jamaica Broilers advanced $1.99 to $30.99 in an exchange of 70,831 shares, Jamaica Stock Exchange gained 78 cents to settle at $14.48 after a transfer of 55,036 units. JMMB Group popped 40 cents to end at $34.40 with the swapping of 22,833 stocks, Kingston Wharves rallied 98 cents to end at $35.50 in switching ownership of 520 stock units, Massy Holdings advanced $1.42 to $80 in trading 1,106 shares. Mayberry Investments shed 79 cents to end at $8.07 after 714 stocks cleared the market, MPC Caribbean Clean Energy declined $5 in closing at $70 in transferring 580 shares, NCB Financial lost 59 cents to close at $78.01 in an exchange of 60,001 units. 138 Student Living dipped 59 cents to $4.31 as investors traded 312 stock units, Palace Amusement climbed $700 to a 52 weeks’ high of $2,800 with a transfer of 2,676 stocks, with shareholders voting at the annual general meeting held after trading closed to spill the stock 600 to one in late February, Sagicor Group advanced $2.49 to end at $51 in switching ownership of 21,332 shares.
Seprod lost 50 cents in closing at $67 after 3,356 units passed through the market, Sygnus Real Estate Finance fell $1.30 to close at $9.05 with the swapping of 9,400 stock units and Wisynco Group dipped 42 cents to close at $16.58 after exchanging 37,141 shares.
A total of 9,807,711 shares were traded for $34,195,444 compared to 9,464,712 units at $128,636,676 on Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings climbed $8 to close at $520 with a transfer of 170 units, JMMB Group lost 40 cents to end at $34 in exchanging 79,318 stock units. Massy Holdings fell $1.42 to close at $78.58 in trading 44,995 shares, Mayberry Jamaican Equities advanced $1.09 to $12.99 after swapping of 1,305 stocks, MPC Caribbean Clean Energy dropped $8 to $75 with investors transferring 1,124 stocks. Portland JSX rose $1.10 in ending at $11.50 after three shares passed through the market, Sagicor Group declined $1.99 to close at $48.51 trading 19,963 stock units, Seprod dipped $1.49 to $67.50 as investors exchanged 9,530 units and Sterling Investments shed 47 cents to $2.60 trading 26,099 stocks.
In the preference segment, JMMB Group 7% preference share gained 59 cents in closing at $2.84 transferring 31 shares.
A total of 9,464,712 shares were exchanged for $128,636,676 versus 12,878,672 units at just $32,824,074 on Thursday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
GraceKennedy shed $1.05 to finish at $79 with the swapping of 185,510 units, Jamaica Producers lost 89 cents to end at $20 after an exchange of 152,479 stock units, JMMB Group popped 51 cents to close at $34.40 as investors traded 63,698 shares. Kingston Wharves dipped 48 cents to $34.52 with 1,560 stocks changing hands, Mayberry Investments rose 87 cents to $8.87 with a transfer of 8,489 units, Mayberry Jamaican Equities dropped $1.10 to close at $11.90 in trading 35,760 stock units. NCB Financial shed $1.40 after ending at $78.60 in switching ownership of 132,060 shares, 138 Student Living rallied 65 cents to close at $4.97 after 190 stocks cleared the market, Palace Amusement traded 252 shares with a gain of 2 cents to close at a 52 weeks’ high of $2,100, PanJam Investment declined $3.09 in closing at $55.01 with the swapping of 16,506 units. Seprod advanced $1.54 to $68.99 after an exchange of 11,020 stock units,
Sygnus Credit Investments dipped 42 cents to end at $12.58 with 41,177 shares changing hands and Sygnus Real Estate Finance rose $1.35 to close at $10.35 in switching ownership of 4,253 stock units.