Four securities traded on Thursday, down from six on Wednesday on the JSE USD market, with one stock rising, one declining and two ending unchanged, with the market index rising slightly, after an exchange of 93 percent fewer shares at 90 percent less value than on Wednesday and resulting in an even number of stocks falling and rising.
Overall, 31,160 shares traded for US$4,667, down fr0m 460,057 units at US$47,267 on Wednesday. Trading averaged 7,790 units at US$1,167 in contrast to 76,676 shares at US$7,878 on Wednesday. The month to date averaged 95,123 units at US$4,916 in contrast to 100,043 units at US$5,127 on Wednesday. May ended with an average of 138,035 units for US$17,391.
The JSE USD Equity Index rose 1.78 points to 198.87. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital ended at 9 US cents with 7,748 shares traded, Proven Investments gained 0.05 of a cent to finish at 25.95 US cents with 4,455 stocks changing hands, Sterling Investments remained at 2 US cents with investors switching ownership of 225 units and Sygnus Credit Investments fell 0.26 of a cent to 14.99 US cents, with 18,732 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The average day’s trade is 170,751 units at $1,092,604, compared to 427,653 shares at $3,811,578 on Tuesday. Trading month to date averages 249,247 units at $4,649,442, in contrast to 256,820 units at $4,992,587 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Pan Jam Investment fell $1.51 in closing at $65.05 in transferring 24,696 units, Proven Investments dived $1.90 to finish at $35 in an exchange of 345,327 shares, Sagicor Group spiked $5.90 to $57.90 in switching ownership of 58,795 stock units, Sagicor Real Estate Fund gained 70 cents to end at $9 in an exchange of 1,510 stocks, Salada Foods lost 20 cents to settle at $8 with a transfer of 44,470 shares. Seprod rose 99 cents to close at $74, with 9,423 units crossing the exchange, Supreme Ventures ended 72 cents higher at $20.80 after an exchange of 43,256 stock units, Sygnus Credit Investments gained 57 cents in closing at $15.19 in trading 121,657 stocks. Transjamaican Highway lost 3 cents to end at 52 weeks’ low of $1.17 with an exchange of 1,604,464 units and Wigton Windfarm dropped 4 cents to close at a 52 weeks’ closing low of 57 cents, after hitting an intraday low of 53 cents, with 4,336,688 units clearing the market.
A total of six securities traded, up from five on Tuesday, one stock rose, two fell and three remained unchanged.
At the close, First Rock Capital ended at 9 US cents with an exchange of 7,352 shares, Proven Investments slipped 0.09 of a cent to 25.9 US cents, trading 155,084 units, Sterling Investments settled at 2 US cents with a transfer of 45,825 shares. Sygnus Credit Investments rose 0.05 of a cent to 15.25 US cents with 30,029 units traded and Transjamaican Highway lost 0.02 of a cent to end at 0.86 of a US cent with 221,713 stocks crossing the exchange.
At the close, the All Jamaican Composite Index dropped 3,021.82 points to 459,122.82, the JSE Main Index declined 2,454.99 points to end at 426,476.66 and the JSE Financial Index shed 1.04 points to 105.52 after Grace Kennedy traded at an intraday high of $100, while Transjamaica Highway and Wigton Windfarm traded at 52 weeks’ low of 90 cents and 55 cents, respectively.
Trading averages 427,653 shares at $3,811,578, compared to 282,767 units at $5,070,244 on Monday. Trading month to date averages 256,820 units at $4,992,587, in contrast to 238,579 units at $5,118,691 on Monday. May closed with an average of 439,937 units at $4,698,961.
Sagicor Group declined $3 to $52 in transferring 1,091,820 shares, Sagicor Real Estate Fund shed 69 cents to close at $8.30 after exchanging 75,292 units. Scotia Group shed $1 to end at $40 with the swapping of 426,297 shares. Seprod fell 99 cents to $73.01 in trading 14,521 stock units, Stanley Motta ended 51 cents lower at $5.89 after clearing the market with 6,300 shares, Supreme Ventures fell 92 cents to $20.08 with 97,939 stocks crossing the market and Sygnus Credit Investments shed 44 cents to end at $14.62 in transferring 77,877 stock units.
Five securities traded on Tuesday, similar to Monday, with prices of three stocks rising, one declining and one remaining unchanged. The JSE USD Equity Index rose 0.76 points to close at 198.43.
At the close, First Rock Capital gained 0.3 of a cent to finish at 9 US cents, trading 15,710 shares, Margaritaville rose 0.12 of a cent to 8.15 US cents with an exchange of 2,305 units, Proven Investments remained at 25.99 US cents with 36,850 stock units changing hands. Sterling Investments lost 0.04 of a cent to close at 2 US cents with 386,182 stock units changing hands and Transjamaican Highway added 0.02 of a cent to finish at 0.88 US cents with 52,615 shares crossing the exchange.
Investor’s Choice bid-offer indicator closed with a strong signal of 14 stocks ending with bids higher than their last selling prices and four closing lower offers, an indication that Tuesday’s trading should see a continuation of the current market rally. At the close of trading, the All Jamaican Composite Index pushed 2,871.41 points higher to 462,144.64 to now sit just above resistance level which now provides support for the market. The JSE Main Index rose 2,511.04 points to end at 428,931.65 and the JSE Financial Index inched 0.91 points higher to 106.56.
Trading ended with a 14 percent rise in the volume of stocks traded, with a 61 percent lower value than Friday, after 13,855,601 shares traded for $248,441,964 versus 12,127,180 units at $631,548,664 on Friday. Mayberry Jamaican Equities led trading with 26 percent of total volume for 3.61 million shares followed by Wigton Windfarm with 13.4 percent after an exchange of 1.85 million units, Transjamaican Highway accounted for 8.7 percent with 1.20 million units traded, Sagicor Select Financial Fund held to 8.6 percent after an exchange of 1.19 million units, Sagicor Select Manufacturing & Distribution Fund pulled out 8.3 percent with 1.15 million units and QWI Investments delivered 8.1 percent after trading 1.12 million units.
Proven Investments shed $1.94 in closing at $35.06, with 44,622 stocks crossing the market, Sagicor Group slipped $2 to $55 with 248,968 shares clearing the market. Salada Foods climbed 45 cents to $8.28 with 113,932 stock units crossing the exchange, Scotia Group jumped $1.44 to $41 in an exchange of 3,994 units, Seprod shed 99 cents to close at $74 with the transfer of 173,855 shares. Sterling Investments dipped 25 cents to $2.80 in switching ownership of 220,000 stock units, Supreme Ventures spiked 50 cents to close at $21 after clearing the market of 336,556 stock units, Sygnus Credit Investments ended 24 cents lower at $15.06 in an exchange of 256,748 units.
Trading ended with the JSE USD Equity Index slipping 3.28 points to end at 197.67. The PE Ratio, a measure that determines an appropriate relative value of stocks, averages 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, First Rock Capital dipped 0.3 of a cent to finish at 8.7 US cents with 11,182 shares traded, Proven Investments rose 0.01 of a cent to close at 25.99 US cents with an exchange of 7,881 units, Sterling Investments fell 0.33 of a cent to 2.04 US cents with a transfer of 175,520 stock units and Transjamaican Highway lost 0.04 of a cent to end at 0.86 of a US cent with 233,904 stocks crossing the exchange.
At the close, the JSE Main Index fell 749.88 points to end at 426,420.61 and the JSE Financial Index slipped 0.09 points to 105.65.
Trading averaged 247,493 units at $12,888,748, compared to 193,417 shares at $3,594,165 on Thursday. Trading month to date averages 233,635 units at $5,124,111, in contrast to 231,890 units at $4,146,046 on Thursday. May ended with an average of 439,937 units at $4,698,961.
Sagicor Group spiked $3 to $57 after 526,416 shares cleared the market. Scotia Group fell 44 cents to close at $39.56, with 124,591 stocks changing hands. Seprod rose 99 cents to $74.99 after exchanging 57,110 stock units, Supreme Ventures gained 50 cents to close at $20.50 after trading 214,253 units and Wisynco Group shed 55 cents to end at $15.40 with 244,402 stock units changing hands.
Securities trading surged to 53 from 48 on Wednesday, with 29 rising, 18 declining and six ending unchanged. At the close, the JSE Main Index advanced 3,640.24 points to end at 427,170.49 and the JSE Financial Index gained 0.76 points to 105.74.
Trading averaged 193,417 units at $3,594,165, compared to 234,498 shares at $4,350,058 on Wednesday. Trading month to date averages 231,890 units at $4,146,046, in contrast to 237,958 units at $4,233,099 on Wednesday. May closed with an average of 439,937 units at $4,698,961.
Scotia Group shed $1 in ending at $40 after an exchange of 2,042,868 shares, Seprod shed 95 cents to close at $74 with 17,290 units changing hands, Stanley Motta rose 45 cents to $6.45 with 100 stock units crossing the market, Sygnus Credit Investments climbed 30 cents to $15.30 in exchanging 1,103,967 shares and Wisynco Group gained 60 cents to close at $15.95 with a transfer of 33,016 stock units.
Similar to Wednesday, trading ended with six securities changing hands, with prices of two rising, three declining and one remaining firm.
At the close, First Rock Capital climbed 0.3 of a cent to 9 US cents trading 95,173 shares, Productive Business Solutions traded 46 stock units at 80 US cents, Proven Investments slipped 0.01 of a cent to 25.99 US cents with 20,467 stocks changing hands. Sterling Investments slipped 0.02 of a cent to 2.37 US cents after a transfer of 450 units, Sygnus Credit Investments lost 0.3 of a cent end at 15 US cents with 112,400 stock units passing through the market and Transjamaican Highway rose 0.05 of a cent to 0.90 US cents with 227,425 shares crossing the exchange.