Trading picked up on the Jamaica Stock Exchange Main Market ended on Monday, with a 263 percent jump in the volume of stocks traded following a 27 percent rise in the value over market activity on Friday, after 54 securities were traded compared with 50 on Friday, with 19 rising, 17 declining and 18 ending unchanged leading to a rise in the market indices at the close of trading.
A total of 14,060,598 shares were traded for $91,699,748 compared to 3,872,550 units at $72,059,401 on Friday.
Trading averaged 260,381 shares at $1,698,143 versus 77,451 shares at $1,441,188 on Friday and month to date, an average of 179,681 units at $1,531,791, compared with 174,613 units at $1,521,345 on the previous day and August with an average of 316,608 units at $1,867,646.
Transjamaican Highway led trading with 5.17 million shares for 36.7 percent of total volume followed by QWI Investments with 2.79 million units for 19.9 percent of the day’s trade, Wigton Windfarm with 1.70 million units for 12.1 percent market share and Sagicor Select Financial Fund with 1.24 million units for 8.8 percent of total volume.
The All Jamaican Composite Index advanced 755.20 points to 344,391.47, the JSE Main Index rallied 3,527.99 points to end at 315,805.28 and the JSE Financial Index popped 0.47 points to close at 69.88.
The Main Market ended trading with an average PE Ratio of 12.2, 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 up to August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments fell 49 cents to end at $78.50, with 69,542 shares crossing the market, Caribbean Producers dropped 74 cents to close at $9.45 and closed with an exchange of 19,489 units, First Rock Real Estate rose $1.10 to $8.40 after 247 stocks ended changing hands, GraceKennedy popped $1.40 in closing at $73.40 in an exchange of 263,558 stock units. Jamaica Broilers gained 41 cents and ended at $31.44. with 13,396 stocks crossing the exchange, Jamaica Producers lost 50 cents and ended at $20, with 423,227 units changing hands, Key Insurance shed 34 cents to end at $2.21 after investors exchanged 35 shares, Kingston Properties increased 38 cents to close at $7.28 with trading in 495 stock units. Kingston Wharves climbed $1 in closing at $25 with shareholders swapping 3,064 shares, NCB Financial advanced 40 cents to end at $65.50 with investors transferring 103,724 stocks, Pan Jamaica rallied 75 cents in closing at $45.75, with 35,700 units clearing the market, Proven Investments skidded $4.20 to $20 after a transfer of 3,396 stock units. Sagicor Real Estate Fund gained 30 cents and ended at $8.30 in an exchange of 112 stock units, Scotia Group declined $2 to close at $32 with traders dealing in 265,169 stocks and Seprod dipped 39 cents to end at $69.40 after 2,428 units passed through the market.
In the preference segment, Eppley 7.50% preference share rallied 59 cents to end at $6.15 after an exchange of 1,284 shares, Jamaica Public Service 7% climbed $8.78 and ended at $53.07 after trading 197 units and 138 Student Living preference share lost $24.70 to close at $80.30, with 4,300 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading picked on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 688 percent valued 309 percent more than on Thursday, resulting in the trading of eight securities, up from six on Thursday with prices of three rising, four declining and one ending unchanged.
Overall, 580,017 shares were traded, for US$10,197 up from 73,572 units at US$2,495 on Thursday.
Trading averaged 72,502 units at US$1,275 versus 12,262 shares at US$416 on Thursday, with a month to date average of 50,278 shares at US$3,863 compared with 48,662 units at US$4,051 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index shed 1.12 points to end at 254.26.
The USD Market ended with a PE Ratio, of 9, the PE is the most commonly used measure in determining stock values and is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending between November 2023 and August 2024.
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 Real Estate USD share popped 0.01 of a cent to 5.11 US cents after an exchange of 360 shares, Margaritaville declined 1 cent to end at 11 US cents as investors traded 43 stock units, MPC Caribbean Clean Energy remained at 55 US cents with shareholders swapping 94 stocks. Proven Investments fell 0.25 of one cent in closing at 14.5 US cents with stakeholders exchanging 4,029 units, Sterling Investments lost 0.03 of a cent and ended at 1.92 US cents with a transfer of 21,145 stocks. Sygnus Credit Investments dropped 0.03 of a cent to close at 9.07 US cents with an exchange of 558 units, Sygnus Real Estate Finance USD share rallied 1.5 cents to 10 US cents with investors dealing in 106 stocks and Transjamaican Highway popped 0.06 of a cent in closing at 1.69 US cents in switching ownership of 553,682 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading dropped sharply on the Jamaica Stock Exchange US dollar market on Thursday, with a 66 percent fall in the volume of stocks changing hands and the value declining 92 percent compared with Wednesday, resulting from trading in six securities compared to six on Wednesday with two rising, two declining and two ending unchanged.
A total of 73,572 shares were traded for US$2,495 compared to 218,675 units at US$32,659 on Wednesday.
Trading averaged 12,262 units at US$416, versus 36,446 shares at US$5,443 on Wednesday, with a month to date average of 48,662 shares at US$4,051 compared with 50,762 units at US$4,261 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 0.95 points to settle at 255.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville remained at 12 US cents with just 3 shares crossing the exchange, MPC Caribbean Clean Energy slipped 5 cents in closing at 55 US cents and closing with 91 stocks changing hands, Proven Investments rose 0.25 of one cent to end at 14.75 US cents after trading of 3,580 units. Sterling Investments increased 0.01 of a cent and ended at 1.95 US cents crossing the market 3,573 stock units and Transjamaican Highway dipped 0.06 of a cent to close at 1.63 US cents in trading 66,263 stock units
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12 in an exchange of 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar Market on Wednesday, with a 142 percent jump in the volume of stocks changing hands as the value surged by 1,057 percent more than on Tuesday, resulting in trading in six securities similar to activity on Tuesday and ended with prices of four rising, one declining and one ending unchanged.
Overall, 218,675 shares were traded, for US$32,659 up from 90,382 units at US$2,822 on Tuesday.
Trading averaged 36,446 units at US$5,443 well up on 15,064 shares at US$470 on Tuesday, with a month to date average of 50,762 shares at US$4,261 compared with 51,638 units at US$4,189 on the previous day while tracking close to August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index rallied 2.33 points to conclude trading at 256.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville rallied 0.5 of a cent to close at 12 US cents with just one share being traded, Proven Investments dipped 0.3 of a cent to 14.5 US cents with investors transferring 215,386 units. Sterling Investments gained 0.04 of a cent in closing at 1.94 US cents in trading 400 stocks, Sygnus Credit Investments rose 0.05 of a cent to end at 9.1 US cents with 2,140 shares trading and Transjamaican Highway climbed 0.08 of a cent and ended at 1.69 US cents, with 648 units changing hands.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12 with shareholders swapping 100 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading falls on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 51 percent, with a 79 percent lower value than on Monday, resulting in six securities traded, compared to 11 on Monday with three rising, three declining and no ending unchanged.
A total of 90,382 shares were traded, for only US$2,822 compared to 183,401 units at US$13,204 on Monday.
Trading averaged 15,064 units at US$470 compared with 16,673 shares at US$1,200 on Monday, with the month to date averaging 51,638 shares at US$4,189 compared with 54,023 units at US$4,431 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index declined 0.89 points to 254.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on last traded prices 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville popped 0.01 of a cent to close at 11.5 US cents with investors dealing in 8,406 shares, Proven Investments rose 0.3 of a cent to 14.8 US cents as investors exchanged 130 stocks, Sterling Investments skidded 0.05 of a cent to end at 1.9 US cents with traders dealing in 13,000 stock units. Sygnus Credit Investments rallied 0.03 of a cent to 9.05 US cents in switching ownership of 5,000 units and Transjamaican Highway lost 0.09 of a cent in closing at 1.61 US cents with stakeholders exchanging 63,801 units.
In the preference segment, JMMB Group 5.75% dipped 1 cent to close at US$2.25 with investors swapping 45 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.