Trading on Friday, ended with the volume of shares trading falling 65 percent, with a 29 percent lower value than on Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling.
Trading ended with six securities changing hands, compared to seven on Thursday with prices of four rising, two declining. The JSE US Denominated Equities Index gained 6.68 points to end at 204.79.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.3. The PE ratio calculation uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 82,839 shares traded for US$12,251, down from 239,208 units at US$17,234 on Thursday. Trading averaged 13,807 units at US$2,042, compared to 34,173 shares at US$2,462 on the previous day and the month to date averages 49,137 shares at US$2,612 compared to 59,737 units at US$2,783 on Thursday. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rallied half of a cent after ending at 7 US cents in an exchange of 27,000 shares, Margaritaville added 3 cents to close at 18 US cents in trading 118 stock units, Productive Business Solutions rose 16 cents to US$1.16 trading 1,703 stocks. Proven Investments fell 0.8 of a cent in closing at 21.2 US cents after an exchange of 33,587 units, Sygnus Credit Investments USD share dipped 0.1 of a cent to 12.85 US cents, with 9,000 units crossing the market and Transjamaican Highway gained 0.05 of a cent to 0.88 of one US cent with an exchange of 11,431 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD stocks moved higher on Friday
Steady trading on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of shares changing hands declining 58 percent from Wednesday, and resulting in an even number of stocks rising as falling.
Trading ended with seven securities changing hands, compared to six on Wednesday with prices of two rising, two declining and three ending unchanged. The JSE US Denominated Equities Index slipped 0.21 points to 198.11.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Just 239,208 shares traded for US$17,234 compared to 566,302 units at US$17,194 on Wednesday.
Trading averaged 34,173 units at US$2,462, down from 94,384 shares at US$2,866 previously and month to date averages 59,737 shares at US$2,783 versus 73,502 units at US$2,955 on Wednesday. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share fell half a cent in closing at 6.5 US cents after trading 43,957 shares,
Margaritaville gained 3 cents to 15 US cents with one stock unit changing hands, Proven Investments ended unchanged at 22 US cents in switching ownership of 34,473 units. Sterling Investments finished at 2.1 US cents after 5 stocks crossed the exchange, Sygnus Credit Investments USD share rallied 1.65 cents to close at 12.95 US cents with 41,717 stocks clearing the market, Sygnus Real Estate Finance USD share remained at 14 US cents with an exchange of 1,855 stock units and Transjamaican Highway declined 0.06 of a cent to end at 0.83 of a US cent after trading 117,200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most JSE USD stocks rose on Thursday
Trading on Thursday, ended with the volume of shares changing hands slipping 53 percent with 71 percent lower value than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in far more stocks rising than falling.
Trading ended with seven securities changing hands, compared to nine on Wednesday with prices of four rising, one declining and two holding firm.
The JSE US Denominated Equities Index gained 1.16 points to end at 200.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 185,440 shares traded for US$13,723 compared to 397,370 units at US$47,370 on Wednesday.
Trading averaged 26,491 units at US$1,960, compared to 44,152 shares at US$5,263 on Wednesday and month to date averaging 77,951 shares at US$7,312 versus 81,287 units at US$7,659 on the prior day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share increased 0.1 of a cent to 6.99 US cents while trading 31,191 shares, Proven Investments rallied 1.75 cents to 22.75 US cents after 26,155 stock units changed hands, Sterling Investments remained at 2.1 US cents while exchanging 10,000 stocks. Sygnus Credit Investments USD share gained 0.25 of a cent to close at 12.95 US cents after trading 2,346 units and Transjamaican Highway shed 0.02 of a cent in closing at 0.83 of one US cent in swapping of 113,477 stocks.
In the preference segment, JMMB Group 5.75% popped 7 cents to US$2.09, with 2,000 stock units crossing the market and JMMB Group 6% finished at US$1.15 in an exchange of 271 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index jumped 4,451.26 points to 448,534.65, the JSE Main Index rallied 2,102.47 points to close trading at 396,802.02 and the JSE Financial Index slipped 0.17 points to end at 96.47.
Sagicor Select Financial Fund with 12 percent for 1.55 million units, JMMB Group 7.5% preference share accounted for 9.6 percent with 1.24 million units and Transjamaican Highway, 1.07 million units with 8.3 percent market share.
Mayberry Investments shed $1.09 to settle at $6.11 with 8,258 stocks changing hands, Portland JSX fell $2.08 to end at $6.92 in switching ownership of 10,001 shares, Proven Investments popped 99 cents to $33 with 8,854 units traded. Sagicor Group climbed $1 to $54 in an exchange of 35,143 stock units, Scotia Group advanced $1.60 to $37.60 with 25,221 units crossing the exchange, Seprod rallied $3.10 to $62.10 with the swapping of 24,328 shares. Supreme Ventures gained 30 cents after ending at $18 with 247,772 stock units clearing the market, Sygnus Real Estate Finance advanced $2.70 in closing at $18.20 with an exchange of 780 stocks and Wisynco Group popped $2.25 to close at a 52 weeks’ high of $20 in trading 703,826 shares.
The All Jamaican Composite Index rallied 128.30 points to 444,083.39, the JSE Main Index shed 748.16 points to end at 394,699.55 and the JSE Financial Index popped 0.01 points to 96.64.
At the close, Barita Investments fell $2.50 to $90.50 after swapping of 10,004 shares, Berger Paints rose $1 to $13.50 in exchanging one stock unit, Caribbean Cement shed $1.45 to end at $70.05 with 22,242 units changing hands. Eppley lost 49 cents to settle at $34.50 with a transfer of 1,468 stocks, Guardian Holdings declined $25 in closing at $535after exchanging 799 stocks, Jamaica Broilers lost 50 cents to end at $27 in trading 37,827 shares. Jamaica Producers slipped 37 cents after ending at $23, with ownership of 24,322 units switched, JMMB Group rose $1.10 in closing at 52 weeks’ closing high of $43 after exchanging 286,808 shares, Kingston Wharves shed $1.15 to end at $40.30 after 16,595 stock units crossed the market. Margaritaville advanced $2.92 to $23.95 with the swapping of 6,611 units, Massy Holdings dropped $100 to close at $2,100 in trading 3,379 shares, Mayberry Investments advanced $1.64 to $7.20 with 4,205 stocks clearing the market. Mayberry Jamaican Equities popped 43 cents to $8.95 in trading 26,825 units, MPC Caribbean Clean Energy climbed $5 to $120 in switching ownership of 2 stock units, NCB Financial fell 51 cents to $132.49 with the swapping of 279,319 shares. Palace Amusement rallied 52 cents to close at $930 in transferring 57 stocks, PanJam Investment popped 30 cents in closing at $65.80 after trading 7,461 units, Proven Investments declined 99 cents to end at $32.01 with 59,351 stock units changing hands.
Sagicor Group advanced $1.25 to $53 with an exchange of 63,042 shares, Scotia Group rose 50 cents to $36 in trading 8,092 stocks, Seprod slipped 91 cents in closing at $59 with 10,603 stock units crossing the exchange. Supreme Ventures lost 30 cents to finish at $17.70 after exchanging 28,346 stocks, Sygnus Credit Investments gained 60 cents to end at $15.30 in switching ownership of 299,610 shares and Sygnus Real Estate Finance declined $1.50 to $15.50 in trading 12,100 units.
The All Jamaican Composite Index fell 2,070.35 points to 443,955.09, the JSE Main Index dropped 3,606.20 points to 395,447.71 as Massy Holdings dipped to a low during the day since listing last week and the JSE Financial Index shed 1.19 points to end at 96.63.
In trading, Barita Investments lost 49 cents to finish at $93 in exchanging 13,158 shares, Berger Paints slipped 50 cents to $12.50 with a transfer of 24,808 units, Caribbean Producers fell $3.72 to $20 with 1,547,894 stocks clearing the market. Eppley Caribbean Property Fund advanced $5.15 to $42.99 after trading 454 stock units, First Rock Capital gained 35 cents in closing at $12.15 with 23,437 units changing hands, GraceKennedy declined $1.95 to close at $101.50 with an exchange of 125,259 stock units. Guardian Holdings climbed $29 to $560 after exchanging 221 shares, Jamaica Stock Exchange fell 90 cents to $17 in switching ownership of 7,610 stocks, JMMB Group rose 61 cents to end at $41.90 with the swapping of 121,622 stock units. Kingston Wharves gained 45 cents in ending at $41.45 after 19,723 shares crossed the market, Massy Holdings popped $51 to close at $2,200 in exchanging 13,779 stocks after hitting a slow of $2,050 since listing last week, Mayberry Investments fell $1.94 to $5.56 in switching ownership of 35,359 units. Mayberry Jamaican Equities lost 48 cents in ending at $8.52 with 39,274 stock units changing hands, Palace Amusement shed $20.52 in closing at $929.48 with the swapping of 29 stocks, PanJam Investment rallied 50 cents to $65.50 in transferring 3,393 shares.
Proven Investments popped 99 cents to settle at $33 after 9,405 units crossed the market, Sagicor Group fell $1.45 to $51.75 in an exchange of 38,073 stocks, Scotia Group rallied 50 cents in closing at $35.50 trading 439,789 shares. Stanley Motta rose 83 cents to close at $5.83 with 695 stocks changing hands, Supreme Ventures gained 50 cents to finish at $18 with the swapping of 146,271 stock units, Sygnus Credit Investments lost 30 cents to end at $14.70 with 297,540 stock units crossing the market and Sygnus Real Estate Finance rose 95 cents to close at $17 in exchanging 3,511 shares.
The All Jamaican Composite Index gained 532.85 points to settle at 446,025.44, the JSE Main Index dropped 2,606.23 points to 399,053.91 and the JSE Financial Index shed 1.29 points to close at 97.82.
Caribbean Cement fell 50 cents to $71.50 after 5,494 shares crossed the exchange with, Caribbean Producers rose 82 cents to close at $23.72 in trading 1,033,334 stocks, GraceKennedy advanced $3.45 to end at $103.45 in switching ownership of 218,380 stock units. Guardian Holdings declined $8.99 in closing at $531 with 729 units clearing the market, JMMB Group popped $1.29 to $41.29 with the swapping of 369,420 stocks, Kingston Properties rose 89 cents in closing at $9.74 with 500 units changing hands. Kingston Wharves lost 60 cents to finish at $41 in transferring 6,301 shares, Massy Holdings dropped $314 to close at the lowest point since listing on this market at $2,149 in exchanging 7,385 stock units, NCB Financial rallied $3 to end at $133 in switching ownership of 260,052 shares. Palace Amusement climbed $10 to $950 in an exchange of 147 stocks, PanJam Investment advanced $1.98 to $65 after trading 15,609 stock units, Sagicor Group declined $5.05 to close at $53.20 with 95,833 units changing hands. Scotia Group fell 50 cents to$35 with 94,066 stock units crossing the market, Stanley Motta lost 83 cents to settle at $5 with the swapping of 204,812 shares, Supreme Ventures gained 30 cents to close at $17.50 after trading 19,042 stock units.
In the preference segment, Community & Workers Credit Union gained 37 cents to end at $2.45 after exchanging 295 stocks, Jamaica Public Service 9.5% climbed $322.57 to a record $2,473.07 with a mere transfer of 2 units, JMMB Group 7.25% popped 39 cents to close at $3.19 in trading 3,000 stock units and Productive Business Solutions 9.75% preference shares rallied $38 in closing at a 52 weeks’ high of $138 with 1,443 shares crossing the market.
The All Jamaican Composite Index rallied 3,483.91 points to 445,492.59, the JSE Main Index gained 1,195.33 points to end at 401,660.14 and the JSE Financial Index popped 0.27 points to 99.11.
At the close, Caribbean Cement rallied 50 cents to $72 with 24,367 shares changing hands, Caribbean Producers advanced $2.90 to finish at a 52 weeks’ closing high of $22.90 with the swapping of 1,399,893 units, Eppley shed $1.30 to end at $35.20 trading 276 stocks. Eppley Caribbean Property Fund declined $4.36 in closing at $37.84 with an exchange of 434 stock units, GraceKennedy fell $3.50 to $100 in switching ownership of 208,862 shares, Guardian Holdings dropped $10.01 to close at $539.99 in exchanging 469 units. Jamaica Producers rallied 49 cents to $23.49 with a transfer of 49,196 shares, Jamaica Stock Exchange rose $1.17 in closing at $17.94 with the swapping of 110,303 stocks, JMMB Group shed 99 cents to end at $40 with 226,181 shares clearing the market. Kingston Properties lost 65 cents in ending at $8.85 with 1,628 stock units changing hands, Kingston Wharves advanced $1.60 to $41.60 in trading 1,829 stocks, Margaritaville popped $2.50 to $21 in switching ownership of 94 units. Massy Holdings dropped $257 in closing at $2,463 after an exchange of 24,441 stocks, MPC Caribbean Clean Energy climbed $14.87 to close at $114.87 with 100 stock units crossing the market, NCB Financial declined $3 to $130 in transferring 159,694 units. Proven Investments lost 45 cents to settle at $32 with the swapping of 26,315 shares, Radio Jamaica gained 40 cents in closing at $4.48 in an exchange of 696,349 stock units, Sagicor Group popped $4.74 to finish at $58.25 with 340,252 units changing hands.
Salada Foods gained 40 cents to close at $6.90 after 16,436 shares cleared the market, Scotia Group rose 94 cents to $35.50 in exchanging 35,368 stocks, Sygnus Credit Investments fell 71 cents to end at $15.13 in switching ownership of 152,529 units. Sygnus Real Estate Finance fell $2.18 to $16.02 with the swapping of 1,605 stocks and Wisynco Group gained 35 cents to close at $17.85 with an exchange of 152,587 shares.
The All Jamaican Composite Index jumped 2,421.50 points to 442,008.68, the JSE Main Index climbed 3,294.94 points to close at 400,464.81 and the JSE Financial Index rose 0.82 points to end at 98.84.
Radio Jamaica accounted for 4 percent with a transfer of 1.74 million units and Sagicor Select Financial Fund, 2.9 percent after 1.24 million units changing hands.
Margaritaville dropped $4.50 in closing at $18.50 in transferring 538 units, Massy Holdings climbed $256.92 to close at $2,720 with an exchange of 35,938 stock units, Mayberry Investments lost 35 cents to $7.50 in trading 1,005 shares. Palace Amusement fell $5 in closing at $940 with 40 units changing hands, PanJam Investment fell $2.50 to end at $63 in switching ownership of 12,061 stocks, Proven Investments gained 45 cents after ending at $32.45 with the swapping of 27,723 shares and Sagicor Group lost 39 cents to finish at $53.51 in exchanging 1,043,597 stock units.
In the overall market, the volume of shares trading was 58 percent less and the value 28 percent higher than on Wednesday as rising stocks exceeded those declining after 55 securities traded, similar to Wednesday, with 22 rising, 16 declining and 17 ending unchanged.
Overall, 9,854,246 shares were exchanged for $213,910,310 versus 23,550,929 units at $167,256,472 on Wednesday. Sagicor Select Financial Fund led trading with 23 percent of total volume with a transfer of 2.27 million shares followed by Kingston Wharves, 18.3 percent with 1.81 million units and Transjamaican Highway, 13.6 percent, with 1.34 million units changing hands.
Margaritaville fell $3 to $23 with 1,111 stocks changing hands, Mayberry Investments rallied 64 cents to $7.85 in transferring 4,183 shares, NCB Financial popped $6 to finish at $133, with 580,328 units crossing the exchange. PanJam Investment rose 50 cents to $65.50 in trading 213 units, Proven Investments declined $1.20 to end at $32 with 17,120 stock units crossing the market, Sagicor Group advanced $1.39 to $53.90 after an exchange of 17,121 shares. Seprod shed $1 to close at $60 in transferring 13,140 stocks, Sygnus Credit Investments rallied 50 cents to $16 with 102,082 stocks clearing the market, Sygnus Real Estate Finance advanced $2.23 to $18.25 in switching ownership of 100 units and Wisynco Group lost 30 cents to end at $17.50 with 389,966 stock units crossing the market.