Steady trading for JSE Main Market of Jamaica Stock Exchange on Friday ended, with more money entering the market with fewer shares being traded, resulting in the volume declining 36 percent with a 21 percent higher value than Thursday, after 53 securities were exchanged compared to 52 on Thursday, resulting in prices of 18 rising, 19 declining and 16 ending unchanged.
A total of 7,723,200 shares were exchanged for $106,579,158 versus 12,082,376 units at $88,446,679 on Thursday.
Trading averaged 145,721 shares at $2,010,928 versus 232,353 units at $1,700,898 on Thursday and month to date, an average of 189,148 stock units at $1,301,736, in contrast with 194,391 units at $1,216,117 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
138 Student Living led trading with 2.03 million shares for 26.2 percent of total volume followed by Transjamaican Highway with 1.90 million units for 24.6 percent of the day’s trade and NCB Financial with 725,835 units for 9.4 percent market share.
The All Jamaican Composite Index lost 282.96 points to finish at 392,366.28, the JSE Main Index advanced 156.36 points to 344,073.17 and the JSE Financial Index fell 0.51 points to close at 82.42.
The PE Ratio. a formula to ascertain appropriate stock values averages 13.4 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 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints dipped 58 cents to end at $10.40 in exchanging 6,600 shares, Caribbean Cement declined 60 cents in closing at $57.10 with a transfer of 60,204 units, Caribbean Producers dropped 64 cents after ending at $12.33 in switching ownership of 159,053 stock units. Eppley rose advanced $3.98 to $39 after trading 123 stocks, First Rock Real Estate gained $1.05 to close at $14.05 with 14,656 stock units crossing the market, GraceKennedy fell $3.50 to close at $83 after clearing the market with 159,196 stocks. Guardian Holdings shed $29.98 to $500 as investors exchanged 212 units, Jamaica Producers lost $1.70 to finish at $17.90 with an exchange of 3,529 shares, JMMB Group shed 74 cents in closing at $37.55 in transferring 3,674 shares. Kingston Properties rallied 44 cents to end at $7 with the swapping of 4,822 stock units, Kingston Wharves rose 70 cents to end at $37 trading 1,204 units, Mayberry Jamaican Equities dropped 76 cents to $13.20 in exchanging 524 stocks.
138 Student Living gained 44 cents in closing at $4.92 with investors transferring 2,026,320 units, PanJam Investment climbed $1 to close at $54.50 with the swapping of 400 stocks, Seprod popped $3.50 to settle at $71 after trading 11,920 shares and Supreme Ventures lost 96 cents to end at $27.99 after exchanging 14,148 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Just gains no losses
The Jamaica Stock Exchange US dollar market ended trading on Thursday, with the volume of stocks exchanged declining 89 percent with a 12 percent reduction in value compared with activities on Wednesday, resulting in eight securities traded, up from six on Wednesday with four rising, no declining and four ending unchanged.
Just 65,606 shares were traded for US$16,127, down from 622,317 units at US$18,378 on Wednesday.
Trading averaged 8,201 units at US$2,016 versus 103,720 shares at US$3,063 on Wednesday, with a month to date average of 33,751 shares at US$4,075 compared with 37,759 units at US$4,398 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index rose 3.50 points to end at 208.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 one stock ended with a bid higher than the last selling prices and two with lower offers.
At the close, Margaritaville ended at 14 US cents, with 13 shares crossing the exchange, Proven Investments advanced 0.34 of one cent after ending at 19 US cents in switching ownership of 28,919 stock units, Sygnus Credit Investments USD share ended at 10 US cents in trading 974 stocks.
Sygnus Real Estate Finance USD share remained at 11.64 US cents as seven shares passed through the market and Transjamaican Highway increased 0.05 cents to end at 0.94 US cents in an exchange of 28,819 units.
In the preference segment, Productive Business 9.25% preference share climbed US$1 to end at US$12 after an exchange of one share. JMMB Group 5.75% ended at US$1.50 with a transfer of 6,840 stocks and JMMB Group 6% rallied 2 cents in closing at US$1.09 with 33 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged rising 88 percent and the value rising 229 percent more than on Tuesday, resulting in six securities traded, compared to seven on Tuesday with one rising, four declining and one ending unchanged.
Overall, 622,317 shares traded for US$18,378 compared to 331,235 units at US$5,593 on Tuesday.
Trading averaged 103,720 units at US$3,063, up from 47,319 shares at US$799 on Tuesday, with a month to date average of 37,759 shares at US$4,398 versus 28,964 units at US$4,577 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 4.13 points to end at 205.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share popped 0.03 of a cent to 7.98 US cents, with 16,039 shares clearing the market, Proven Investments fell 0.34 of one cent to end at 18.66 US cents with the swapping of 66,067 units,
Sterling Investments ended at 2 US cents in exchanging 3,250 stocks. Sygnus Credit Investments J$ share dropped 1.01 cents to 14.62 US cents in an exchange of 152 stock units and Transjamaican Highway dipped 0.01 of a cent to 0.89 of one US cent crossing the market 536,804 stocks.
In the preference segment, Productive Business 9.25% preference share declined US$1 in closing at US$11 with an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
More money passed through the Jamaica Stock Exchange US dollar market on Friday, but investors traded vastly fewer shares than they did on Thursday with the number of shares traded dropping 92 percent from Thursday trades even as the value rose 93 percent and resulted in an exchange of nine securities up from, six on Thursday with four rising, three declining and two unchanged.
A total of 29,492 shares traded, for US$57,624 versus 390,586 units at US$29,911 on Thursday.
Trading averaged 3,277 shares at US$6,403 versus 65,098 stock units at US$4,985 on Thursday, with the month to date average of 21,723 shares at US$5,292 in contrast with 28,941 units at US$4,857 previously. Trading in October averaged 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 1.39 points to end at 213.96.
The PE Ratio a measure used in computing appropriate stock values, averages 8.6. 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 ending with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share fell 0.01 of a cent after ending at 7.99 US cents and closed with an exchange of 91 shares, MPC Caribbean Clean Energy gained 3.01 cents to end at 65 US cents in trading 15 stocks, Proven Investments climbed 0.95 of one cent to close at 20.95 US cents as investors exchanged 814 units.
Sterling Investments remained at 2 US cents, with 17,000 stock units crossing the market, Sygnus Credit Investments USD share ended at 10 US cents after 713 shares were exchanged and Transjamaican Highway dipped 0.02 of a cent in ending at 0.93 of one US cent, with 2,995 stock units crossing the exchange.
In the preference segment, Productive Business 9.25% preference share dropped US$2.02 to close at US$11 with the swapping of 4,425 units, JMMB Group 5.75% rose 25 cents in closing at US$2 trading 600 stocks and JMMB Group 6% advanced 1 cent to end at US$1.07, with investors exchanging 2,839 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
3 JSEUSD stocks rose none fell
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 100 percent but with a 51 percent drop in value than on Wednesday, resulting in six securities trading similar to Wednesday with three rising, none declining and three ending unchanged.
A total of 390,586 shares were traded for US$29,911 versus 195,049 units at US$60,952 on Wednesday.
Trading averaged 65,098 units at US$4,985 versus 32,508 shares at US$10,159 on Wednesday, with month to date averaging 28,941 shares at US$4,857 versus 16,179 units at US$4,812 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.19 points to end at 212.57.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 price and four ended with lower offers.
At the close, First Rock Real Estate USD share advanced 0.1 of a cent in ending at 8 US cents, with 351,650 shares crossing the exchange, Proven Investments remained at 20 US cents after an exchange of 453 stocks, Sterling Investments ended at 2 US cents as investors traded 4,896 units. Sygnus Credit Investments USD share remained at 10 US cents after 498 stock units changed hands and Transjamaican Highway popped 0.01 of a cent in closing at 0.95 of one US cent, with 31,550 stocks crossing the market.
In the preference segment, JMMB Group 6% popped 1 cent to close at US$1.06 after trading 1,539 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 12,082,376 shares were exchanged for $88,446,679 up from 4,265,895 units at $19,430,399 on Wednesday.
At the close, Eppley Caribbean Property Fund gained $2.95 in closing at $40 after an exchange of 2,445 shares, First Rock Real Estate fell $1.41 to $13 after exchanging 10,849 units, GraceKennedy rallied 50 cents to close at $86.50 after the trading of 14,897 stock units. Kingston Properties dropped 43 cents to end at $6.56 with a transfer of 293,304 stocks, Kingston Wharves declined 70 cents to $36.30 in an exchange of 100 units, Massy Holdings lost $1 to end at $80 as investors traded 841 stocks. Mayberry Jamaican Equities rose 96 cents in closing at $13.96, with 51,611 stock units crossing the market, PanJam Investment climbed 50 cents to close at $53.50 in trading 519 shares, Proven Investments shed $2.27 to $28.73 with the swapping of 1,968 units. Seprod dipped 50 cents after ending at $67.50 in switching ownership of 2,467 shares and Supreme Ventures increased $2.45 to $28.95 after trading 272,233 stock units.
In the preference segment, Eppley 7.50% preference share popped 72 cents to $7.87, with 2,159 stocks crossing the market, Jamaica Public Service 9.5% advanced $100 to close at $3100 after an exchange of just one stock and 138 Student Living s preference share dipped $15 to $45 with an exchange of 105 stock units.
A total of 15,475,658 shares were traded for $123,996,797 versus 16,146,320 units at $67,828,590 on Monday.
At the close, Barita Investments fell $2.80 to 91.98 after trading 15,982 stocks, Caribbean Cement shed $4 to end at $57.50, with 6,138 stock units crossing the market. Eppley Caribbean Property Fund declined $1.70 in closing at $38.30 after exchanging 560 units, First Rock Real Estate fell 87 cents to $13.55 clearing the market with 7,625 stock units, GraceKennedy dipped $1.60 to $85.40 in trading 31,476 units. Guardian Holdings climbed $28.97 to end at $524.99 with an exchange of 5 shares, Jamaica Broilers increased 50 cents to $28.50 as investors exchanged 538,867 stocks, Kingston Wharves dipped $1.25 to close at $36.25 while exchanging 2,236 shares. Massy Holdings lost $4.99 in closing at $74.01 after trading 301,694 stocks, NCB Financial declined $2 to close at $83 with 193,074 units changing hands, PanJam Investment fell $2.55 in closing at $51.45 after exchanging 13,262 stock units.
Proven Investments dropped $2.10 to $30, with 4,772 units crossing the market and Scotia Group shed $1 to end at $35 with a transfer of 294,706 shares.
A total of 16,146,320 shares were exchanged for $67,828,590 versus 10,072,258 units at $74,070,561 on Friday.
At the close, Caribbean Cement rallied $4 in closing at $61.50 after exchanging 4,250 shares, Guardian Holdings slumped $22.98 to end at $496.02 with investors transferring 2,971 stock units, Jamaica Broilers shed $1.13 after finishing at $28 trading 34,225 stocks. Jamaica Producers fell $2.78 to close at $17.52 in exchanging 5,328 units, Jamaica Stock Exchange gained 84 cents to close at $16.05 with the swapping of 400 units, JMMB Group declined 80 cents to end at $36.50 with 32,634 stock units changing hands. Massy Holdings dipped $1 to close at $79 in transferring 1,128 stocks, Mayberry Investments dropped $1 to end at $7 with an exchange of 15,815 shares, NCB Financial lost $1 in closing at $85, trading 377,375 units. PanJam Investment shed 50 cents to finish at $54 with the swapping of 366 shares, Portland JSX gained 50 cents to end at $9.50 with 6,612 stocks changing hands, Supreme Ventures dipped 68 cents to $26 as investors switched ownership of 220,329 stock units.
In the preference segment, Jamaica Public Service 9.5% popped $100 in closing at $3,000 with an exchange of 4 shares and 138 Student Living preference share declined $1.07 to close at $49.55 after a transfer of 322 stocks.
A total of 10,072,258 shares were exchanged for $74,070,561 against 13,269,863 units at $57,335,875 on Thursday.
Estate rose $1.44 to $14.44 in exchanging 10,904 stock units, GraceKennedy rallied $4.98 to end at $86.98 with the transfer of 8,513 stocks. Guardian Holdings climbed $24 to $519 with 3,296 units changing hands, Jamaica Broilers increased $1.03 in closing at $29.13 after 613 stock units crossed the market, Kingston Properties gained 47 cents to close at $7.32 in transferring 77,215 shares. Kingston Wharves popped 50 cents in closing at $37.50 in trading 2,599 stocks, Mayberry Investments rose 50 cents to end at $8 with an exchange of 20,000 units, Mayberry Jamaican Equities gained 78 cents to close at $13.78 with investors transferring 3,100 stock units. MPC Caribbean Clean Energy declined $4 to $80 with the swapping of 32 units, NCB Financial increased $1 in closing at $86 with 345,924 stocks clearing the market, 138 Student Living shed $1 to end at $4.50 after trading 35,857 shares. Palace Amusement dropped $107.82 to end at $720 as investors exchanged just six shares,
Scotia Group rose $3 to close at $36 with a transfer of 69,965 stock units, Seprod advanced $3.50 to $71 with 12,086 units changing hands. Victoria Mutual Investments popped 61 cents in closing at $4.80 after an exchange of 751 stocks.
A total of 13,269,863 shares were exchanged for $57,335,875 versus 4,010,188 units at $42,902,377 on Wednesday.
At the close, Barita Investments declined $1.48 to $95 with the swapping of 5,489 shares, Caribbean Cement climbed $3.40 in closing at $61.50 trading 9,217 stock units, First Rock Real Estate shed $1.44 after ending at $13 in exchanging 201,319 stocks. Jamaica Producers rose $2.80 to finish at $20.60 with the swapping of 2,795 units, JMMB Group advanced 70 cents to close at $37.30 with 23,906 stocks clearing the market, Kingston Wharves lost 50 cents to settle at $37 with 54,906 units changing hands. Mayberry Jamaican Equities rose 87 cents in closing at $13 in switching ownership of 200 stock units, PanJam Investment dipped $1.50 to end at $54.50 after closing with 1,491 shares clearing the market, Sagicor Group dropped $1.10 to $50 after the trading of 29,692 units. Scotia Group fell $2.40 to close at $33 in an exchange of 87,784 stock units, Seprod shed $3.45 to end at $67.50 with investors transferring 8,839 shares,
Supreme Ventures dropped 76 cents in closing at $26.70 in an exchange of 8,082 stocks and Victoria Mutual Investments fell 41 cents to end at $4.19 with a transfer of 80,815 stock units.