Trading jumped on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 1,581 percent and the value 180 percent more than on Monday, as 100 million Transjamaican Highway preference shares were traded, with activity in 57 securities compared with 55 on Monday, and ended with 21 rising, 18 declining and 18 ending unchanged.
At the close, 106,705,122 shares were traded for $248,485,563 compared to 6,345,906 stock units at $88,810,985 on Monday.
Trading averaged 1,872,020 shares at $4,359,396 up sharply from 115,380 shares at $1,614,745 on Monday and month to date, an average of 330,381 units at $1,935,104 versus 154,985 units at $1,659,286, previously. Trading in October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway preference share led trading with 100 million shares valued at $200 million, for 93.7 percent of total volume followed by Transjamaican Highway ordinary share ended with 1.49 million units for 1.4 percent of the day’s trade, Wigton Windfarm followed with 1.13 million units for 1.1 percent market share, Palace Amusement closed with 1.08 million units for 1 percent market share and Sagicor Select Financial Fund closed with 1.07 million units for 1 percent of total volume.
The All Jamaican Composite Index slipped 728.78 points to conclude trading at 349,629.13, the JSE Main Index shed 851.71 points to 314,880.91 and the JSE Financial Index eased by 0.10 points to conclude trading at 69.09.
The Main Market ended trading with an average PE Ratio of 12.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement advanced 93 cents to $50.94 after an exchange of 11,092 shares, Eppley Caribbean Property Fund popped 50 cents to end at $36.50 with investors swapping 4,293 stocks, General Accident lost 44 cents to close at $4.56 in trading a mere 200 shares. Guardian Holdings climbed 47 cents to $412.50 with investors trading 44 stock units, Jamaica Producers increased $1.15 to end at $22.15 as 256,471 shares passed through the market, Jamaica Stock Exchange rose 65 cents to $9.10 with investors dealing in 1,545 stocks. Kingston Wharves rallied $2.29 to end at $28.79 in an exchange of 3,294 units, Pan Jamaica dropped $1 in closing at $46 with traders dealing in 7,497 stocks, Supreme Ventures gained 45 cents and ended at $26 after an exchange of 18,990 units. Sygnus Credit Investments shed 45 cents to close at $11.45 after 7,403 stocks changed hands, Victoria Mutual Investments declined 37 cents to $2.62 while exchanging 101,363 shares and Wisynco Group fell 98 cents in closing at $19.50 in switching ownership of 119,452 stock units.
In the preference segment, Eppley 7.50% preference share rose 49 cents and ended at $5.99 as investors exchanged 628 shares and JMMB Group 7% preference share climbed 40 cents to close at $2.40 after a transfer of 521 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands jumping 412 percent, with a value 963 percent more than on Friday, resulting from trading in seven securities similar to Friday and ended, with one rising, five declining and one ending unchanged.
A total of 647,665 shares were traded, for US$35,342 compared with 126,524 units at US$3,325 on Friday.
Trading on Monday averaged 92,524 units at US$5,049 compared with 18,075 shares at US$475 on Friday. Trading for the month to date averages 36,116 shares at US$2,343 compared with 28,374 units at US$1,972 on the previous trading day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index declined 0.10 points to conclude trading at 223.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Productive Business Solutions ended at US$1.50 with a transfer of 712 shares, Proven Investments slipped 0.01 of a cent to 15 US cents with stakeholders trading 154,948 shares, Sterling Investments fell 0.09 of a cent in closing at 1.69 US cents after a transfer of 59,523 units. Sygnus Credit Investments dipped 0.32 of one cent to close at 8.68 US cents with traders dealing in 3,001 stocks and Transjamaican Highway rose 0.11 of a cent and ended at 1.73 US cents in an exchange of 428,095 shares.
In the preference segment, JMMB Group 5.75% lost 5 cents to end at US$1.95 with investors transferring 1,358 stock units and JMMB Group 6% shed 1 cent and ended at US$1.01, with 28 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market declines into the Weekend
Trading fell back on the Jamaica Stock Exchange US dollar market on Friday, compared with Thursday, with the volume of stocks changing hands declining by 59 percent and the value 37 percent lower, resulting in the trading of five securities, compared to four on Thursday with one rising, two declining and two ending unchanged.
Overall, 126,524 shares were traded for US$3,325 compared to 308,440 units at US$5,303 on Wednesday.
Trading averaged 18,075 units at US$475, versus 77,110 shares at US$1,326 on Thursday, with a month to date average of 28,374 shares at US$1,972 compared with 30,013 units at US$2,210 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index fell 4.00 points to end at 224.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of trading, Productive Business Solutions ended at US1.50 with 48 stocks crossing the market, Sterling Investments popped 0.3 of a cent to close at 1.78 US cents while exchanging 358 units, Sygnus Credit Investments inched 0.28 of a cent higher in closing at 7.23 US cents after 3,000 shares passed through the market and Transjamaican Highway dipped 0.01 of a cent to end at 1.62 US cents after trading 1112,820 stock units.
In the preference segment, Productive Business Solutions ended at US12.40, with 11 shares passing through the market
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops Thursday on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 30 percent, valued 91 percent lower than on Wednesday, resulting in the trading of four securities, compared to eight on Wednesday, with two rising, one declining and one ending unchanged.
Overall, 308,440 shares were traded for US$5,303 compared with 443,134 units at US$59,410 on Wednesday.
Trading averaged 77,110 units at US$1,326, versus 55,392 shares at US$7,426 on Wednesday, with a month to date average of 30,013 shares at US$2,210 compared with 25,303 units at US$2,299 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index popped 0.33 points to end at 227.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville ended at 12 US cents with 54 stocks crossing the market, Sterling Investments lost 0.1 of a cent to close at 1.75 US cents while exchanging 25 units, Sygnus Credit Investments inched 0.1 of a cent higher in closing at 9.1 US cents after 336 shares passed through the market and Transjamaican Highway rose 0.02 of a cent to end at 1.72 US cents after trading 308,025 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surge for JSE USD Market
Trading surged on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 323 percent jump in the volume of stocks changing hands, with the value surging 873 percent more than on Tuesday and resulting in trading of eight securities, compared to four on Tuesday with one rising, two declining and five ending unchanged and resulted in the US Denominated Equities Index dipped 4.69 points to end at 227.16.
Overall, 443,134 shares were traded for US$59,410 compared to 104,786 units at US$6,106 on Tuesday.
Trading averaged 55,392 units at US$7,426, versus 26,197 shares at US$1,526 on Tuesday, with a month to date average of 25,303 shares at US$2,299 compared with 17,781 units at US$1,017 on the previous day. October ended with an average of 47,977 units for US$4,392.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share rallied 0.13 of a cent to end at 4.24 US cents in trading 5,999 stock units, Margaritaville ended at 12 US cents after 3,000 shares passed through the market, Productive Business Solutions dipped 10 cents to close at US$1.50 while exchanging 1,000 units. Proven Investments lost 0.99 of one cent in closing at 15.01 US cents, with 353,620 stock units crossing the market, Sygnus Credit Investments ended unchanged at 9 US cents after an exchange of 19,609 shares, Transjamaican Highway ended at 1.7 US cents with shareholders swapping 59,203 stocks.
In the preference segment, JMMB Group 5.75% remained at US$2 in an exchange of 597 units and JMMB Group 6% ended at US$1.02, with 106 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inched higher
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining by 30 percent, valued 92 percent more than on Monday and resulted in four securities changing hands, compared to five on Monday with two rising and two declining.
Overall, 104,786 shares were traded, for US$6,106 compared to 148,704 units at US$3,173 on Monday.
Trading averaged 26,197 units at US$1,526, versus 29,741 shares at US$635 on Monday, with a month to date average of 17,781 shares at US$1,017 compared with 16,578 units at US$944 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index gained 1.46 points to finish at 231.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Margaritaville dropped 0.98 of one cent and ended at 12 US cents after a transfer of 6,669 units, Proven Investments popped 0.01 of a cent to 16 US cents in trading 21,020 stocks and Transjamaican Highway gained 0.05 of a cent to close at 1.7 US cents, with 76,467 shares changing hands.
In the preference segment, JMMB Group 6% fell 3 cents in closing at US$1.02 in an exchange of 630 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.