At the close of trading, the All Jamaican Composite Index dropped 2,254.10 points to 363,298.68, the JSE Main Index lost 1,843.86 points to conclude trading at 326,202.92 and the JSE Financial Index slipped 0.61 points to close at 71.95 as activity on the Jamaica Stock Exchange Main Market slumped on Wednesday, with the volume of stocks traded declining 58 percent and the value 50 percent lower than on Tuesday.
A total of just 51 securities traded, down from 58 on Tuesday, with the price of 20 rising, 22 falling and nine ending unchanged.
A total of 6,033,114 shares were traded for $83,588,030 compared to 14,463,415 units at $168,226,895 on Tuesday.
Trading averaged 118,296 shares at $1,638,981 compared with 249,369 units at $2,900,464 on Tuesday and month to date, an average of 294,080 units at $2,149,357 compared with 303,536 units at $2,176,814 on the previous day. Trading in June ended with an average of 366,795 units at $6,952,581, including trading in bonds.
Transjamaican Highway led trading with 1.21 million shares for 20 percent of total volume, followed by Sagicor Select Financial Fund with 1.06 million units for 17.6 per cent of the day’s trade and Wigton Windfarm with 765,428 units for 12.7 percent of market share.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market 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 11 stocks ended with bids higher than their last selling prices and 10 with lower offers.
At the close, Berger Paints climbed 37 cents to close at $7.97 with a transfer of a mere 180 shares, Caribbean Producers lost 45 cents and ended at $11 after closing with an exchange of 1,444 stock units, Eppley dipped $1 to end at $35, with 470 units crossing the exchange, First Rock Real Estate gained $1.08 in closing at $10.08 after a transfer of 28,892 stocks, Jamaica Broilers dropped 69 cents to $34.30 in an exchange of 39,168 stock units, Jamaica Producers advanced 94 cents to $20.49 in trading 30,521 stocks, JMMB Group fell 78 cents and finished at $28 after trading 11,759 units, Kingston Properties popped 79 cents to $7.49, with 1,926 shares crossing the market, Mayberry Jamaican Equities rose 34 cents to $11.85, with 300 stocks changing hands,Proven Investments increased $1.05 in closing at $22.55 in switching ownership of 1,006 units, Sagicor Group declined by a $1 and ended at at 52 weeks’ closing low of $45 with an exchange of 490,085 stock units, Sagicor Real Estate Fund rallied 50 cents to end at $8.50 as 735 shares passed through the market, Supreme Ventures shed 50 cents in closing at $28.50 while exchanging 22,292 stock units and Wisynco Group gained 38 cents to close at $17.99 after trading 19,485 stocks.
In the preference segment, Jamaica Public Service 7% fell $9.18 to close at $52.02, with 14 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading declined on the Jamaica Stock Exchange US dollar market on Wednesday, with a 73 percent decline in the volume of stocks changing hands, with a 70 percent lower value than on Tuesday, resulting in trading in five securities, compared to seven on Tuesday, with two rising and three ending unchanged.
Overall, 88,156 shares were traded for US$3,695 down from 329,260 units at US$12,513 on Tuesday.
Trading averaged 17,631 units at US$739 compared to 47,037 shares at US$1,788 on Tuesday, with a month to date average of 86,350 shares at US$2,730 compared with 89,821 units at US$2,831 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index gained 2.51 points to close at 250.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville ended at 9 US cents, with 24,513 shares changing hands, MPC Caribbean Clean Energy climbed 5.7 cents in closing at 62.7 US cents, with two units crossing the market. Productive Business Solutions ended at US$1.80 while trading 206 stocks, Sterling Investments ended at 2 US cents after an exchange of 10,005 units and Transjamaican Highway rallied 0.17 cents to close at 1.8 US cents with a transfer of 53,430 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 65 percent, valued 9 percent more than on Monday, resulting from trading in seven securities, compared to six on Monday with one rising, three declining and three ending unchanged.
Overall, 329,260 shares were traded for US$12,513 compared to 199,644 units at US$11,531 on Monday.
Trading averaged 47,037 shares at US$1,788 versus 33,274 units at US$1,922 on Monday, For the month to date an average of 89,821 shares were traded for US$2,831 compared with 93,076 stock units at US$2,910 on the previous day. Trading in June ended with an average of 60,969 shares for US$3,967.
The US Denominated Equities Index rallied 3.28 points to 248.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 two 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 ended at 4 US cents while exchanging 25,107 shares, Margaritaville shed 0.35 of a cent to close at 9 US cents, with 400 stocks changing hands, MPC Caribbean Clean Energy ended at 57 US cents in trading 63 stock units. Proven Investments advanced 0.05 of a cent to 14.85 US cents as investors exchanged 200 stock units, Sygnus Credit Investments declined 0.02 of a cent to end at 10.93 US cents, with 150 stocks clearing the market and Transjamaican Highway dipped 0.01 of a cent and finished at 1.63 US cents with shareholders swapping 302,852 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$12.50 after an exchange of 488 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading dips as market index rises
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining a solid 66 percent, with a 62 percent lower value than on Friday, resulting in the trading of six securities, compared to nine on Friday, with three rising, one declining and two ending unchanged.
A total of 199,644 shares were traded at US$11,531 compared with 584,142 units at US$30,721 on Friday.
Trading averaged 33,274 shares at US$1,922 compared with 64,905 units at US$3,413 on Friday, with a month to date average of 93,076 shares at US$2,910 compared to 97,248 units at US$2,979 on the previous trading day. June ended with an average of 60,969 units at US$3,967.
The US Denominated Equities Index popped 5.89 points to finish at 244.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. 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 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 remained at 4 US cents, with investors trading 1,300 shares, Productive Business Solutions ended at US$1.80, with nine stocks crossing the market, Proven Investments gained 0.8 of a cent to close at 14.8 US cents in trading 8,284 units. Sygnus Credit Investments increased 2.95 cents and ended at 10.95 US cents one stock crossing the market and Transjamaican Highway advanced 0.09 of a cent in closing at 1.64 US cents with 189,500 stocks changing hands.
In the preference segment, Productive Business 9.25% preference share fell 30 cents to close at US$12.50 with a transfer of 550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picked up for JSE USD Market
Trading picked up pace on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands rising 28 percent valued 117 percent more than on Wednesday and resulting in five securities being traded, compared to seven on Wednesday on a day when there were no stocks rising, but two declined and three were unchanged.
A total of 477,710 shares were traded for US$21,075 compared to 372,527 units at US$9,733 on Wednesday.
Trading on Thursday averaged 95,542 shares at US$4,215 compared to 53,218 units at US$1,390 on Wednesday, with a month to date average of 101,029 shares at US$2,928 compared with 101,410 units at US$2,839 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rallied 0.96 points to conclude trading at 242.95.
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 three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville ended at 9.35 US cents in an exchange of 12,050 shares, Proven Investments remained at 14 US cents in trading 33,162 units, Sygnus Credit Investments shed 0.4 of a cents to close at 9.05 US cents in switching ownership of 11,752 stocks and Transjamaican Highway dipped 0.33 of a cent to close at 1.52 US cents after 417,000 stock units passed through the market.
In the preference segment, JMMB Group 5.75% closed trading at US$1.90 after an exchange of 3,746 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading fell off on the Jamaica Stock Exchange US dollar Market on Wednesday, with a 60 percent drop in the volume of stocks changing hands, valued 56 percent less than on Tuesday and resulting in trading in seven securities, compared to eight on Tuesday, with two rising, two falling and three ending unchanged.
A total of 372,527 shares were traded for US$9,733 compared with 934,611 units at US$22,159 on Tuesday.
Trading averaged 53,218 shares at US$1,390 compared with 116,826 shares at US$2,770 on Tuesday, with a month to date average of 101,410 shares at US$2,839 compared to 106,600 units at US$2,995 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index declined 10.39 points to conclude trading at 242.00.
The PE Ratio, a measure used to compute appropriate 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 three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share fell 0.74 of a cent to 3.85 US cents with a transfer of 59,000 shares, Margaritaville ended at 9.35 US cents after 1,082 units were traded, Proven Investments dipped 0.04 of a cent to 14 US cents after an exchange of 1,600 stocks, Sterling Investments ended at 2 US cents with 2,489 stock units changing hands and Transjamaican Highway ended at 1.85 US cents, with stakeholders trading 308,167 stocks.
In the preference segment, Productive Business 9.25% preference share rallied 45 cents to close at US$13.45, with 134 stock units crossing the market and JMMB Group 6% increased by 1 cent in closing at US$1.09 in an exchange of 55 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.