Slippage for JSE USD market

Trading ended on Thursday, with the volume of shares swapped declining 24 percent with 86 percent lower value than on Wednesday, as the number of securities trading, climbed at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising and falling.
Trading ended with five securities changing hands, compared to two on Wednesday with prices of two rising,  two declining and one ending unchanged.
The JSE US Denominated Equities Index lost 1.17 points to end at 213.21. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratios are computed based on earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 133,466 shares traded, for US$5,656 compared to 174,820 units at US$39,324 on Wednesday.
Trading averaged 26,693 units at US$1,131 versus 87,410 shares at US$19,662 on Wednesday and month to date averaging 545,465 shares at US$73,763 versus 594,405 units at US$80,616 on Wednesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville lost half a cent in closing at 9.5 US cents with the swapping of 20,000 shares, Proven Investments increased half of one cent to 23 US cents after trading 9,928 stocks, Sterling Investments gained 0.1 of a cent to 2.1 US cents in exchanging 4,889 units. Sygnus Credit Investments USD share remained at 12.9 US cents with 4,792 stock units changing hands and Transjamaican Highway dropped 0.06 of a cent in ending at 0.8 of one US cents in trading 93,857 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on JSE Main Market

Market activity ended on Wednesday with the volume of shares trading rising 481 percent and the value of stocks ended 357 percent higher than on Tuesday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining.
The All Jamaican Composite Index dived 3,385.14 points to 427,053.57, the JSE Main Index dropped 2,989.61 points to end at 386,509.24 and the JSE Financial Index shed 0.87 points to close at 94.72.
Similar to Tuesday 48 securities were traded with 20 rising, 15 falling and 13 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 74,732,134 shares traded for $550,250,998 versus 12,862,366 units at $120,320,373 on Tuesday. JMMB Group 7.5% led trading with 66.3 percent of total volume for an exchange of 49.58 million shares followed by Stanley Motta 9.9 percent with 7.4 million units, Kingston Wharves held 7.8 percent with 5.85 million units, Wigton Windfarm ended with 4.37 million shares for 5.8 percent market share, Eppley Caribbean Property Fund accounted for 3.3 percent with 2.46 million units and JMMB Group had 2.8 percent of trading after an exchange of 2.12 million units.
Trading averages 1,556,919 units at $11,463,562 compared to 267,966 shares at $2,506,674 on Tuesday and month to date, an average of 559,831 units at $5,348,026, compared to 462,948 units at $4,753,804 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rose 96 cents in closing at $90.87 trading 67,537 shares, Berger Paints rallied $1.23 to close at $13.74 in exchanging 3,915 units, Eppley Caribbean Property Fund declined $3 to $40 after trading 2,455,661 stocks. Guardian Holdings advanced $2 to $518 with a transfer of 118 stock units, Jamaica Broilers shed $1.49 to finish at $28.51 in switching ownership of 86,986 units, Mayberry Investments declined $1.50 in closing at $7, with 200,002 shares clearing the market. PanJam Investment dropped $4.58 to $63.05 with the swapping of 137,243 stock units, Portland JSX popped $1.04 to $7.97 with an exchange of 23 stocks, Sagicor Group dropped 90 cents to $51.60 in transferring 26,428 units. Scotia Group spiked 85 cents to end at $36.85 with 36,121 stocks changing hands, Seprod rose $1 to close at $63 in trading 3,084 stock units, Stanley Motta gained 45 cents to finish at $5 in trading 7,401,000 shares. Supreme Ventures dipped 40 cents to $18.10 after an exchange of 25,713 stock units, Sygnus Credit Investments gained 44 cents after ending at $15.30 in switching ownership of 21,267 shares and Wisynco Group lost 30 cents to settle at $16.20 in exchanging 40,794 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady JSE USD market trading

Trading ended with the volume of shares changing hands declining on Tuesday, after 82 percent fewer shares traded with 76 percent lower value than Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to seven on Monday, with prices of one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 0.19 points to end at 214.37. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses earnings forecasts done by ICInsider.com  or each company with the financial year ending during the current year up to August 2022.
Overall, 16,239 shares traded, for US$1,951 down from 89,952 units at US$7,974 on Monday. Trading averaged 3,248 units at US$390, compared to 12,850 shares at US$1,139 on Monday, with the month to date averaging 614,287 shares at US$83,006 versus 680,705 units at US$91,986 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share gained 0.02 of a cent to end at 6.07 US cents after trding 7,292 shares, Margaritaville lost 1 cent to close at 10 US cents with the swapping of 1,501 units, Proven Investments finished unchanged at 22.5 US cents, with 5,672 stock units crossing the market. Sterling Investments dipped 0.1 of a cent in ending at 2 US cents with 1,349 stocks clearing the market and Sygnus Credit Investments USD share fell 0.08 of a cent to end at 12.9 US cents in exchanging 425 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp fall in volume on Tuesday

Market activity ended on Tuesday with the volume of shares trading declining 72 percent and the value rising 11 percent higher than on Monday at the close of the Jamaica Stock Exchange Main Market, leading to rising stocks falling far below those declining.
The All Jamaican Composite Index declined 1,561.61 points to settle at 430,438.71, the Main Index fell 1,265.05 points to 389,498.85 and the JSE Financial Index lost 0.06 points to end at 95.59.
Trading ended with 48 securities compared to 50 on Monday, with 15 rising, 25 declining and eight ending unchanged.
A total of 12,862,366 shares changed hands for $120,320,373 versus 46,377,442 units at $108,050,479 on Monday. Community & Workers Credit Union led trading with 31.4 percent of total volume after transferring 4.04 million shares, followed by Carreras with 18.1 percent for 2.33 million units and Wigton Windfarm 17.8 percent, with 2.28 million units changing hands.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading averages 267,966 units at $2,506,674, compared to 927,549 shares at $2,161,010 on Monday and month to date, an average of 462,948 units at $4,753,804, compared to 483,933 units at $4,995,646 on Monday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints shed 69 cents to end at $12.51 with the swapping of 37,058 shares, Caribbean Cement declined $4.79 to $73.51 after exchanging 35,071 units, Caribbean Producers lost 33 cents to close at $10 in trading 159,941 stock units. Eppley Caribbean Property Fund advanced $3 to $43 with 5,072 stocks clearing the market, Guardian Holdings declined $4.05 to $516 with a transfer of 7,727 stock units, Jamaica Broilers fell $1.40 to $30 after 56,884 units crossed the exchange. Jamaica Producers shed 53 cents to close at $23.50 with 69,716 stocks changing hands, Jamaica Stock Exchange dipped 65 cents to $17.50 in switching ownership of 7,932 shares, Kingston Wharves lost 99 cents in closing at $43 with the swapping of 24,692 stock units. Mayberry Investments lost 50 cents to end at $8.50 with an exchange of 2,290 shares, Palace Amusement advanced $30 to $1,030 in switching ownership of two stocks, PanJam Investment rose 73 cents to $67.63 in an exchange of 458 units. Proven Investments lost 35 cents to close at $33.55 in trading 3,376 stocks, Scotia Group shed $1 in ending at $36 with 530,665 shares changing hands, Seprod declined $1.06 to $62 in an exchange of 63,146 stock units and Stanley Motta lost 45 cents in closing at $4.55 with a transfer of 41,085 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE majors slip on Monday

Market activity ended on Monday, with the volume of shares trading rising moderately and the value nose-diving 75 percent from Friday trades on the Jamaica Stock Exchange Main Market leading to declining stocks beating out those rising.
The All Jamaican Composite Index fell 1,704.02 points to close at 432,000.32, the Main Index fell 1,466.39 points to 390,763.90 and the JSE Financial Index slipped 0.40 points to end at 95.65.
Trading ended with 50 securities compared to 48 on Friday, with 18 rising, 23 declining and nine ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 46,377,442 shares traded for $108,050,479 versus 40,219,894 units at $438,749,529 on Friday. QWI Investments led trading with 88.6 percent of total volume for an exchange of 41.1 million shares followed by JMMB Group with 2.4 percent for 1.1 million units and Transjamaican Highway with 2.1 percent after trading 952,806 units.
Trading averages 927,549 units at $2,161,010, compared to 837,914 shares at $9,140,615 on Friday and month to date, an average of 483,933 units at $4,995,646, compared to 427,920 units at $5,353,555 on Friday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints rose 44 cents to $13.20 in trading 1,347 shares, Eppley slipped 70 cents to $35 with the transfer of 1,807 stocks, First Rock Capital fell 59 cents to $10.01 in switching ownership of 12,970 units. GraceKennedy rallied 98 cents to $98.98, with 5,974 stock units changing hands, Guardian Holdings shed 95 cents in closing at $520.05 after trading 966 stocks, Jamaica Broilers gained 35 cents in closing at $31.40 after an exchange of 1,297 units. Jamaica Stock Exchange dipped 34 cents to $18.15 with 1,418 shares changing hands, JMMB Group slipped 28 cents to $38.11 in transferring 1,097,799 shares, Kingston Wharves rose 49 cents to $43.99 in an exchange of 3 units. Mayberry Investments advanced $1.50 to end at $9 with 11,530 stocks changing hands, Mayberry Jamaican Equities rose 57 cents to finish at $9.07 in switching ownership of 900 stock units, MPC Caribbean Clean Energy fell $1 to close at $100 trading 9 units. NCB Financial shed 90 cents to $119 with 14,714 stocks clearing the market, PanJam Investment declined $1.10 to $66.90 after an exchange of 31,304 units, Proven Investments gained 40 cents in ending at $33.90 in 16,308 shares switching owners. Sagicor Group spiked 40 cents to $52.40 in exchanging 7,501 stock units, Scotia Group shed $1.48 to close at $37 with the swapping of 135,945 stocks, Seprod popped 55 cents to end at $63.06 in transferring 19,824 shares. Stanley Motta fell 50 cents to $5 in trading 897 stock units and Sygnus Credit Investments lost 50 cents ending at $15 with 13,167 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD jumps 7% on Monday

Trading on Monday ended with the volume of shares changing hands declining after a fraction of shares exchanged on Friday, passed through the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling and the market rose 7 percent for the day.
Seven securities traded, compared to five on Friday, with five rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index surged 14.55 points to end at 214.56, up 15 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 89,952 shares traded, for US$7,974 compared to 25,247,952 units at US$3,090,795 on Friday. Trading averaged 12,850 units at US$1,139, versus 5,049,590 shares at US$618,159 on Friday and month to date averages 680,705 shares at US$91,754 versus 800,576 units at US$108,018 on Friday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and no stock with a lower offer.
At the close, Margaritaville rose 1 cent to 11 US cents in switching ownership of 8,310 shares, Productive Business Solutions rose 17.25 cents to a 52 weeks’ high of US$1.334 with the swapping of 29 stocks, Proven Investments fell 0.5 of a cent to end at 22.5 US cents after exchanging 28,513 stock units. Sterling Investments ended at 2.1 US cents in an exchange of 3,000 units, Sygnus Credit Investments USD share spiked 0.98 of a cent to close at 12.98 US cents after two shares changed hands shares and Transjamaican Highway popped 0.07 of a cent to 0.86 US cents with 50,000 units clearing the market.
In the preference segment, Equityline Mortgage Investment preference share advanced 9.9 cents to end at US$1.999 after trading 98 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Huge surge in trading on JSE USD market

Friday ended with a big bump in trading activity with an unusually large volume of shares changing hands after surging 5,301 percent higher than trades on Thursday, with a 10,412 percent higher value, at the close of the Jamaica Stock Exchange US dollar market.  
Trading ended with five securities changing hands, versus six on Thursday with prices of two rising and two declining and one trading firm.
The JSE US Denominated Equities Index skidded 4.71 points to end at 200.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1. The PE ratio is computed based on ICInsider.com earnings forecasts for each company with their financial year ending up to August 2022.
The volume of shares traded surged to 25,247,952 for US$3,090,795, up from just 467,492 units at US$29,403 on Thursday. Trading averaged 5,049,590 shares at US$618,159, sharply up from 77,915 units at US$4,901 on Thursday and month to date an average of 800,576 units at US$108,292 versus 175,721 shares at US$33,311 on Thursday. November ended with an average of  79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rose 0.05 of a cent to end at 6.05 US cents in switching ownership of 10 million shares, Proven Investments traded 6,460,229 shares and lost 0.9 of a cent to close at 23 US cents. Sygnus Credit Investments USD share rose 0.75 of a cent in closing at 12 US cents with 5,008,385 stocks crossing the market, Sygnus Real Estate USD share fell 0.9 of a cent to 13.1 US cents after trading 3,000,500 stock units and Transjamaican Highway ended at 0.79 US cents after an exchange of 778,838 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Week ends on a high for JSE Main Market

Trading of stocks surged sharply on Friday, with the number of shares changing hands rising 426 percent and the value jumping 600 percent higher than on Thursday, at the close of the Jamaica Stock Exchange Main Market as declining stocks just exceeded those advancing, helping to push the market into a higher finish than a week ago.
The All Jamaican Composite Index rallied 1,669.64 points to 433,704.34, the JSE Main Index advanced 1,283.57 points to 392,230.29 and the JSE Financial Index popped 0.45 points to end at 96.05. Trading ended with 4  securities against 50 on Thursday, with 17 rising, 18 declining and 13 trading unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. PE ratios for the JSE Main and USD Market are based on earnings forecasts by  ICInsider.com for companies with financial years ending between the current year and August 2022.
Overall, 40,219,894 shares traded for $438,749,529 up from 7,647,957 units at $62,688,988 on Thursday. Caribbean Producers led trading with 77.9 percent of total volume after a transfer of 31.32 million shares, followed by Wigton Windfarm 6.9 percent for 2.76 million units, Wisynco Group 5 percent with 2.03 million units and Mayberry Jamaican Equities with 3.4 percent for 1.38 million shares changing hands.
Trading on Friday averaged 837,914 units at $9,140,615 versus 152,959 shares at $1,253,780 on Thursday and month to date, an average of 427,920 units at $5,353,555 compared to 371,370 units at $4,831,202 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints dipped 44 cents to $12.76 with 1,009 shares changing hands, Caribbean Cement popped 50 cents to close at $78.50 in exchanging 24,157 stocks, Caribbean Producers gained 35 cents in closing at $10.35 in swapping 31,319,726 units. First Rock Capital rose 55 cents to $10.60 in trading 19,942 stock units, GraceKennedy fell $1 to end at $98 with the swapping of 48,096 units, Guardian Holdings slipped $1 to $521 after exchanging 12 stock units. Jamaica Broilers advanced $1.05 to close at $31.05 with owners swapping 13,372 stocks, Jamaica Producers shed 40 cents in closing at $24 with 10,946 shares changing hands, Jamaica Stock Exchange slipped 40 cents to $18.49 with a transfer of 6,824 shares. Kingston Wharves popped 50 cents after ending at $43.50 with 4,479 stocks crossing the exchange, Mayberry Investments fell 99 cents to $7.50 in an exchange of 2,325 units, Mayberry Jamaican Equities shed 51 cents to settle at $8.50 with the swapping of 1,377,094 shares. Palace Amusement dropped $30 to end at $1,000 after trading 53 units, Sagicor Group shed $1 to close at $52 with an exchange of 64,397 stock units, Scotia Group rose 58 cents to $38.48 in transferring 42,472 shares. Seprod fell 69 cents in closing at $62.51 with 26,500 stocks changing hands and Sygnus Credit Investments rallied 50 cents to end at $15.50 after trading 83,428 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for blue chip stocks

Investors gave Main Market stocks a good lift on Thursday, with the volume of shares trading rising moderately and the value climbing 48 percent higher than on Wednesday, sending the All Jamaican Composite Index surging 3,304.57 points to 432,034.70. The JSE Main Index spiked 2,907.75 points to 390,946.72 and the JSE Financial Index popped 0.98 points to end at 95.60 at the close of the Jamaica Stock Exchange Main Market.
Trading ended with 50 securities compared to 45 on Wednesday, with 18 rising, 16 declining leaving 16 unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.8.The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 7,647,957 shares traded for $62,688,988, up from 6,971,534 units at $42,325,701 on Wednesday. Sagicor Select Financial Fund led trading of 27.7 percent of total volume with a transfer of 2.11 million shares, followed by Wigton Windfarm 20.9 percent with 1.6 million units and Sterling Investments, with 9.2 percent for an exchange of 700,000 units.
Trading averages 152,959 units at $1,253,780 against 154,923 shares at $940,571 on Wednesday and month to date, an average of 371,370 units at $4,831,202, compared to 408,016 units at $5,431,440 on Wednesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints rallied 45 cents to close at $13.20 in trading 100 shares, Caribbean Cement climbed $2.01 to $78 with 70,254 stocks crossing the market, Eppley declined $2.30 to $35.70 in exchanging 4,364 stock units. Eppley Caribbean Property Fund advanced $3.69 to $40 with a transfer of 30 units, Guardian Holdings rose $2 to $522 after an exchange of 1,257 shares, Jamaica Stock Exchange spiked $2.39 to $18.89 in trading 7,242 stocks. Kingston Wharves fell $1 to $43 with 11,640 units changing hands, Margaritaville rose $2.30 in closing at $16.80 with 581 stock units clearing the market, Mayberry Investments popped 50 cents to close at $8.49 in switching ownership of 93,258 units. Palace Amusement spiked $35 to end at $1,030 after trading 20 shares, Portland JSX shed 80 cents in ending at $6.90 after exchanging 182,200 stock units, Sagicor Group rose $2 to $53 in switching ownership of 494,252 stocks. Sagicor Real Estate Fund dipped 35 cents to $8.10 with 13,794 stock units changing hands, Scotia Group climbed $3.87 to $37.90 with the swapping of 87,019 stocks, Seprod declined $1.79 to close at $63.20 in an exchange of 3,064 units and Supreme Ventures fell 39 cents to $18.10 in the swapping of 185,634 shares.
In the preference segment, JMMB Group 7.35% – due 2028 shed 33 cents in ending at $3.15 after trading 35,502 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rise on JSE USD market

Trading jumped sharply on Thursday, with the volume of shares changing hands surging 2,339 percent and valued 627 percent higher than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in twice the number of stocks rising than falling.
Trading ended with six securities changing hands, compared to two on Wednesday, with prices of four rising and two declining. The JSE US Denominated Equities Index gained 3.19 points to end at 204.92. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is calculated based on ICInsider.com earnings forecasts for each company, with the fiscal year ending up to August 2022.
Overall, 467,492 shares traded for US$29,403, up from 19,170 units at US$4,043 on Wednesday. Trading averaged 77,915 units at US$4,901, versus 9,585 shares at US$2,022 on Wednesday and month to date an average of 175,721 shares at US$33,311 versus 196,679 units at US$39,399 on Wednesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share lost 1 cent to end at 6 US cents in switching ownership of 120,000 shares, Margaritaville climbed 0.5 of a cent to 10 US cents, with an exchange of 50 units, Proven Investments rallied 1.4 cents to close at 23.9 US cents trading 50,452 stocks. Sterling Investments rose 0.01 of a cent to 2.1 US cents after exchanging 145,405 stock units, Sygnus Credit Investments USD share fell 1.57 cents in closing at a 52 weeks’ low of 11.25 US cents with 45,000 stocks crossing the market and Transjamaican Highway popped 0.01 of a cent to end at 0.79 US cents after exchanging 106,585 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.