Trading on the Jamaica Stock Exchange US dollar market ended Monday, with the volume of stocks changing hands declining 69 percent and the value 63 percent lower than on Friday, resulting in the trading of 11 securities, compared to nine on Friday with three rising, seven declining and one ending unchanged.
A total of 183,401 shares changed hands for US$13,204 compared to 596,504 units at US$35,632 on Friday.
Trading averaged 16,673 shares at US$1,200 compared to 66,278 units for US$3,959 on Friday. Trading month to date averaged 54,023 shares at US$4,431 compared to 59,096 units at US$4,870 on the previous trading day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 0.58 points to 254.89.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share lost 1.9 cents to 5.1 US cents after exchanging 1,182 shares, MPC Caribbean Clean Energy climbed 5.99 cents to end at 60 US cents in trading 80 stock units, Productive Business Solutions ended at US$2 with investors trading 2 stocks. Proven Investments declined 0.4 of a cent in closing at 14.5 US cents in an exchange of 608 units, Sterling Investments rose 0.15 of a cent to 1.95 US cents with investors trading 99 shares, Sygnus Credit Investments dipped 0.08 of a cent to 9.02 US cents, with 5,822 stocks clearing the market. Sygnus Real Estate Finance USD share skidded 1.5 cents in closing at 8.5 US cents with an exchange of 16,019 stock units and Transjamaican Highway rallied 0.08 of a cent to close at 1.7 US cents after 152,800 units changed hands.
In the preference segment, JMMB Group 5.5% fell 29.83 cents to end at US$1.6907 in trading 17 shares, JMMB Group 5.75% shed 0.55 of one cent and ended at US$2.26 as 1,463 stocks passed through the market and JMMB Group 6% dropped 0.97 of one cent in closing at 99.03 US cents while exchanging 5,309 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD Market
JSE USD Pulled back from record high
The Jamaica Stock Exchange US dollar market pulled back in from the record high of Thursday at the close of trading on Friday, even with a 64 percent rise in the volume of stocks changing hands, with a 157 percent rise in value from Thursday and resulted in nine securities trading, similar to trading on Thursday with five rising, three declining and one ending unchanged.
Overall, 596,504 shares were traded for US$35,632 up from 363,879 units at US$13,846 on Thursday.
Trading averaged 66,278 share at US$3,959 compared to 40,431 shares at US$1,538 on Thursday. The month to date average amounts to 59,096 shares at US$4,870 compared with 58,198 units at US$4,984, the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 2.91 points to close at 255.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville popped 1.98 cents to 11.49 US cents with traders dealing in only one share, MPC Caribbean Clean Energy advanced 0.01 of a cent in closing at 54.01 US cents with 1,292 units changing hands, Proven Investments rose 0.1 of a cent to end at 14.9 US cents with 15,057 stock units clearing the market. Sterling Investments declined 0.12 of a cent and ended at 1.8 US cents after exchanging 40,000 stocks, Sygnus Credit Investments ended at 9.1 US cents with investors dealing in 6,635 stocks and Transjamaican Highway dipped 0.06 of a cent in closing at 1.62 US cents, with 512,247 stock units crossing the market.
In the preference segment, JMMB Group 5.75% climbed 31.55 cents to close at US$2.2655 in trading 1,265 units, JMMB Group 6% dropped 7 cents to US$1 and closed after trading 19,991 shares and Productive Business Solutions 9.25% preference share gained 50 cents to end at US$12 with stakeholders exchanging 16 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
Stocks mostly rallied on the Jamaica Stock Exchange US dollar market on Wednesday resulting from trading in seven securities, compared to eight on Tuesday with five rising, one declining and one ending unchanged with the volume of stocks changing hands declining 82 percent valued 86 percent less than on Tuesday.
A total of 246,487 shares were traded at US$10,039 compared to 1,397,026 units at US$71,601 on Tuesday.
Trading averaged 35,212 shares at US$1,434, down from 174,628 units at US$8,950 on Tuesday, with a month to date average of 60,736 stock units at US$5,476 compared with 63,926 units at US$5,981 on the previous day. Trading in August averages 57,291 units for US$4,251.
The US Denominated Equities Index rallied 4.15 points to conclude trading at 244.57.
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 two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rallied 1.4 cents to 6.7 US cents, with 84,833 shares changing hands, Proven Investments increased 0.2 of a cent to close at 15 US cents with traders dealing in 2,610 stock units. Sterling Investments ended at 1.92 US cents with investors trading in 1,046 units, Sygnus Credit Investments climbed 0.1 of a cent in closing at 9.1 US cents with a transfer of 26,288 stocks, Sygnus Real Estate Finance USD share rose 1.5 cents to end at 10 US cents with 62 stocks crossing the market and Transjamaican Highway gained 0.11 of one cent to close at 1.69 US cents with an exchange of 131,637 shares.
In the preference segment, JMMB Group 6% shed 0.12 of a cent to end at US$1.0788 after trading 11 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Transjamaican hikes JSE USD trading
Transjamaican Highway with 969,738 shares traded, pushed the volume of stocks trading on the Jamaica Stock Exchange US dollar market sharply higher on Tuesday levels as 366 percent more shares were traded with a 51 percent lower value than on Monday and resulted in eight securities being traded, compared to nine on Monday with the price one rising, four declining and three ending unchanged.
A total of 1,397,026 shares were traded at US$71,601 compared to 299,650 units at US$146,763 on Monday.
Trading averaged 174,628 shares at US$8,950 compared to 33,294 units at US$16,307 on Monday. Trading for the month to date averages 63,926 stock units at US$5,981 compared with 45,476 shares at US$5,486, the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 4.39 points to end trading at 240.42.
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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rallied 0.1 of a cent and ended at 5.3 US cents with a transfer of 67,591 shares, Margaritaville ended at 11.49 US cents as investors traded 1,678 stock units, Proven Investments dropped 0.15 of a cent to close at 14.8 US cents in an exchange of 320,429 units, Sterling Investments remained at 1.92 US cents with investors exchanging 407 stock units. Sygnus Credit Investments lost 0.09 of a cent to end at 9 US cents in an exchange of 30,671 stocks, Sygnus Real Estate Finance USD share declined 1.5 cents and ended at 8.5 US cents, with 6,399 stock units crossing the market and Transjamaican Highway fell 0.11 of a cent to end at 1.58 US cents with investors trading 969,738 shares.
In the preference section, Productive Business Solutions 9.25% preference share ended at US$12 after 113 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.