Trading activity picked up on the Jamaica Stock Exchange Main Market to close of the week on Friday, with the volume of stocks traded rising 16 percent and the value 63 percent more than on Thursday, with 51 securities trading compared with 53 on Thursday, with 19 rising, 19 declining and 13 ending unchanged.
A total of 10,571,793 shares were traded for $57,562,911 up from 9,151,844 units at $35,266,609 on Thursday.
Trading averaged 207,290 shares at $1,128,685 compared to 172,676 shares at $665,408 on Thursday and month to date, an average of 338,081 units at $1,620,947, compared with 345,517 units at $1,648,935 on the previous day. Trading in July closed with an average of 283,368 units at $2,135,482.
Stanley Motta led trading with 6.01 million shares for 56.9 percent of total volume, Wigton Windfarm followed with 1.82 million units for 17.2 percent of market share and Transjamaican Highway with 1.14 million units for 10.8 percent of the day’s trade.
The All Jamaican Composite Index skidded 1,591.81 points to finish at 353,416.92, the JSE Main Index popped 23.12 points to end at 320,329.81 and the JSE Financial Index inched 0.19 points higher to close at 70.60.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Markets’ PE ratios are calculated 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 seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rose 71 cents to end at $7.76 with stakeholders exchanging 127 shares, Caribbean Cement fell $2 to end at $50 and in exchanging 6,100 stocks, Eppley Caribbean Property Fund advanced $1.10 to close at $41.10 with investors transferring 220 stock units. First Rock Real Estate gained 79 cents in closing at $8.50, with 2,400 units changing hands, Guardian Holdings jumped $37.84 to $439.75 after an exchange of 1,029 units,Jamaica Stock Exchange lost 23 cents and closed at a 52 weeks’ low of $9.77 after hitting an intraday 52 weeks’ low of $9.10 in trading 86,890 shares. Jamaica Producers shed 31 cents to end at $19.18 after an exchange of 1,100 shares, JMMB Group rallied $1.76 to $28.79 with traders dealing in 82,869 stock units, Kingston Properties skidded 39 cents to $7 with a transfer of 1,302 stocks. Kingston Wharves dipped $1.90 and ended at $27 with shareholders swapping 16,096 shares, Massy Holdings climbed 90 cents in closing at $101 in an exchange of 960 stocks, Mayberry Jamaican Equities popped 40 cents to end at $11.80, with 38,877 stock units crossing the exchange. NCB Financial rallied $1 to $74, with 26,455 units crossing the market, Sagicor Group lost 41 cents to end at $46.49 as investors exchanged 1,711 shares, Scotia Group dropped $1 in closing at $33 in trading 4,346 units, Seprod increased 50 cents to close at $68 with 18,577 stocks clearing the market and Wisynco Group rose 94 cents and ended at $17.95 trading 7,870 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks slipped on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 756 percent, valued 158 percent more than on Wednesday, resulting in six securities traded, compared to six on Wednesday with one rising, three declining and two ending unchanged.
A total of 389,899 shares were traded for US$37,298 compared to 45,555 stock units at US$14,460 on Wednesday.
Trading averaged 64,983 shares at US$6,216 versus 7,593 units at US$2,410 on Wednesday, with a month to date average of 52,601 shares at US$3,747 compared with 51,949 units at US$3,617 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index dipped 1.20 points to close at 240.16.
The PE Ratio, a measure used to compute stock values, averages 8.9. The PE ratio is calculated 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 no 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 remained at 4 US cents in an exchange of 4 shares, Margaritaville climbed 0.4 of a cent in closing at 11.5 US cents in trading 100,001 stocks, MPC Caribbean Clean Energy declined 8 cents to 57 US cents and closed with an exchange of 682 units. Proven Investments shed 0.2 of a cent to end at 14.6 US cents, with 157,209 stock units changing hands, Sygnus Credit Investments fell 0.31 of a cent to 10.49 US cents, with 1,734 units being traded and Transjamaican Highway ended at 1.75 US cents with traders dealing in 130,269 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 87 percent, with the value 63 percent lower than on Tuesday, resulting in the trading of six securities, down from eight on Tuesday with one rising, three declining and two ending unchanged.
Trading closed with an exchange of 45,555 shares at US$14,460 compared to 343,792 units at US$39,382 on Tuesday.
Trading averaged 7,593 shares at US$2,410 compared with 42,974 shares at US$4,923 on Tuesday. Trading for the month to date averaged 51,949 shares at US$3,617 compared with 54,414 units at US$3,684 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index gained 0.66 points to finish at 241.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.2. The PE ratio is calculated using 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 no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents after 376 shares were traded, Margaritaville shed 0.4 of a cent to close at 11.1 US cents with investors trading 26,918 units, MPC Caribbean Clean Energy ended at 65 US cents in an exchange of 510 stock units, Proven Investments popped 0.3 of a cent to close at 14.8 US cents, with 7,529 stocks passing through the market and Sterling Investments dropped 0.03 of a cent and ended at 1.94 US cents with investors dealing in 215 units.
In the preference segment, JMMB Group 6% lost 5 cents to close at US$1 in an exchange of 10,007 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading gains for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 22 percent with a 337 percent increased value compared to trading on Monday, resulting in trading in eight securities, compared to six on Monday with five rising, two declining and one ending unchanged.
A total of 343,792 shares were exchanged for US$39,382, up from 282,396 units at US$9,019 on Monday.
Trading averaged 42,974 shares at US$4,923 compared with 47,066 units at US$1,503 on Monday, with a month to date average of 54,414 shares for US$3,684 compared with 55,329 units at US$3,585 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index lost 6.67 points and concluded trading at 240.70.
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 no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville increased 0.16 of a cent to 11.5 US cents, with 300,000 shares changing hands, MPC Caribbean Clean Energy climbed 10 cents to 65 US cents in switching ownership of 2,592 units, Productive Business Solutions shed 10 cents to end at US$1.70 while exchanging 62 stocks. Proven Investments remained at 14.5 US cents to close trading of 5,000 stock units, Sterling Investments gained 0.17 of a cent to end at 1.97 US cents in an exchange of 247 stocks, Sygnus Credit Investments advanced 1.8 cents to 10.8 US cents, with 1,845 units crossing the exchange, Sygnus Real Estate Finance USD share rallied 0.01 of a cent to 10 US cents in trading 19,478 shares and Transjamaican Highway fell 0.04 of a cent to 1.75 US cents after a transfer of 14,568 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 34 percent, valued 79 percent more than on Thursday, resulting in nine securities traded, compared to eight on Thursday, with four rising, one declining and four ending unchanged.
A total of 595,775 shares were traded for US$31,180 compared to 445,494 units at US$17,444 on Thursday.
Trading averaged 66,197 units at US$3,464 compared to 55,687 shares at US$2,181 on Thursday, with a month to date average of 55,856 shares at US$3,718 versus 54,761 units at US$3,744 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rosey 9.95 points to conclude trading at 246.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is calculated 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 no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents in an exchange of 25,500 shares, Margaritaville rose 0.34 of a cent in closing at 11.34 US cents while exchanging 5,563 stock units, Productive Business Solutions increased 10 cents and ended at US$1.80 as investors traded a mere three stocks. Proven Investments ended at 14.8 US cents after a transfer of 9,980 units, Sterling Investments ended at 1.8 US cents with a transfer of 553 units, Sygnus Credit Investments popped 0.5 of a cent to 8.5 US cents with 45,690 shares clearing the market, Sygnus Real Estate Finance USD share dipped 0.01 of a cent to end at 9.99 US cents after 99 stocks crossed the market and Transjamaican Highway popped 0.04 of a cent to close at 1.75 US cents, with 507,156 stocks crossing the exchange.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12.30 with an exchange of 1,231 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.