Transjamaican Highway dominated the volume of stocks trading and accounted for 89 percent of the 224,378 shares trading on the US dollar market on Thursday, pushing the volume of shares exchanged by 1,907 percent higher than on Wednesday as the market closed with the index advancing despite declining securities dominating stocks traded.
Trading ended with eight securities changing hands, up from five on Wednesday with one rising, four declining and three closing unchanged.
The JSE US Denominated Equities Index rallied 1.20 points to 188.05.
The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 224,378 shares traded for a mere US$3,479, up from 11,180 units at US$1,080 on Wednesday. Trading averaged 28,047 units at US$435 compared to 2,236 shares at US$216 on Wednesday and the month to date averages 39,526 at US$4,830 versus 41,259 units at US$5,493 on Wednesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than its last selling price and two with lower offers.
At the close, First Rock Capital US share lost 0.07 of a cent to end at 6.93 US cents with 150 shares traded, Margaritaville settled at 9.5 US cents with six units changing hands,
Productive Business Solutions fell half of a cent to finish at 73.5 US cents with an exchange of 400 stock units. Proven Investments dropped 1.5 cents to close at 23.1 US cents with investors swapping 3,931 stocks, Sterling Investments remained at 2.09 US cents with 19,000 shares passing through the market, Sygnus Credit Investments USD share remained unchanged at 13.47 US cents, with 846 units traded and Transjamaican Highway declined by 0.07 of a cent to close at 0.83 US cents with 200,000 stock units crossing the exchange.
In the preference segment, JMMB Group 6% gained 2 cents to finish at US$1.04 with 45 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index advanced 304.56 points to 445,343.21, the JSE Main Index popped 571.83 points to 404,706.51 and the JSE Financial Index rose 0.41 points to end at 98.01.
Trading averages 132,408 units at $854,799, down from 346,507 shares at $1,779,698 on Wednesday and month to date, an average of 239,708 units at $3,047,095, compared to 251,039 units at $3,278,609 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
NCB Financial gained 50 cents to close at $126 in switching ownership of 36,740 shares, PanJam Investment shed 90 cents ending at $63.50 with 336 units crossing the market, Pulse Investments dipped 49 cents to end at $4.11 after crossing the market with 816,668 stock units. Sagicor Group declined $2.96 in closing at $51.03 with 43,264 units changing hands, Seprod advanced $4.20 to $62 in trading 32,062 shares and Sygnus Real Estate Finance rallied 50 cents to close at $18 with a transfer of 1,914 stocks.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than the last selling prices and one with a bid lower offer.
The All Jamaican Composite Index dropped 2,314.42 points to settle at 445,038.65, the Main Index fell 1,530.01 points to 404,134.68 and the JSE Financial Index lost 1.11 points to end at 97.60.
September closed with an average of 335,669 units at $7,507,404.
Scotia Group shed 49 cents to close at a 52 weeks’ low of $36.21 in trading 155,282 stock units, Seprod gained 29 cents to close at $57.80 with the swapping of 46,199 shares and Sterling Investments traded 764,038 shares and gained 21 cents to close at $3.01.
Trading ended with six securities changing hands, up from five on Monday with an equal split of two between rising stocks and those declining and closing unchanged.
Proven Investments rose 1.6 cents to 24.6 US cents with a transfer of 2,455 units. Sterling Investments gained 0.09 of a cent to close at 2.09 US cents with 17,131 stock units passing through the market, Sygnus Credit Investments USD share declined by 2 cents to settle at 11 US cents with 142,800 stocks changing hands and Sygnus Real Estate Finance USD share finished unchanged at 14 US cents with 556 shares crossing the exchange.
The All Jamaican Composite Index shed 1,515.24 points to 447,353.07, the JSE Main Index dropped 1,445.83 points to 405,664.69 and the JSE Financial Index lost 0.15 points to end at 98.71.
September closed with an average of 335,669 units at $7,507,404.Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
Scotia Group declined $2.24 to a 52 week’s low of $36.70 in transferring 167,009 units, Seprod gained 39 cents in closing at $57.51 with 29,054 shares clearing the market and Sygnus Credit Investments picked up 24 cents to end at $17.24 in exchanging 124,241 stocks.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
Pulse Investments dipped 53 cents to close at $4.50 with 1,157,544 shares crossing the market, Sagicor Group spiked $2.98 in closing at $55 after 92,433 stocks cleared the market, Scotia Group rose $1.84 to $38.94 with an exchange of 2,211 stock units. Seprod declined $5.98 to $57.12 with 76,822 units changing hands and Sygnus Real Estate Finance shed $1.35 to end at $17.60 in switching ownership of 1,645 stocks.
At the close, First Rock Capital remained at 7 US cents with investors switching ownership of 9,570 shares, Margaritaville rose 0.49 of a cent to 10 US cents with 987 stocks changing hands, Productive Business Solutions settled at 74 US cents in exchanging 265 stock units. Proven Investments advanced 0.9 of a cent to 24 US cents with 2,955 units traded, Sygnus Credit Investments USD share rallied 1.5 cents to close at 13.5 US cents with 14,437 shares passing through the market, Sygnus Real Estate Finance USD share finished at 14 US cents with investors swapping three stocks and Transjamaican Highway inched 0.01 of a cent higher to close at 0.84 US cents with 124,963 stock units crossing the exchange.
on Thursday and month to date, an average of 262,689 units at $4,084,598, compared to 253,960 units at $3,923,610 on Thursday. September closed with an average of 335,669 units at $7,507,404.
NCB Financial fell $1.28 to $125.50 with a transfer of 38,743 stocks, 138 Student Living popped 49 cents to $5 in trading 2,228 shares, PanJam Investment popped $1.20 to $64.45 with 100 units clearing the market. Sagicor Group declined $2.88 to close at $52.02 in transferring 4,171 units, Scotia Group rose 43 cents to end at $37.10 in an exchange of 658,325 stock units and Sygnus Credit Investments climbed 36 cents to $16.96 with 96,855 shares changing hands.
Seven securities changed hands compared to four on Wednesday with prices of two rising, three declining and two ending firm.
Proven Investments dropped 1.59 cents to 23.1 US cents with investors switching ownership of 2,674 units, Sterling Investments declined by 0.09 of a cent to close at 2 US cents with 72,601 stock units passing through the market, newly listed Sygnus Real Estate Finance USD gained 14 cents to settle at 14 US cents with 4 shares traded and Transjamaican Highway remained at 0.83 of a cent with 130,000 units changing hands.