Trading ended on Thursday with a sharp decline in the volume and value of stocks changing hands on the Jamaica Stock Exchange US dollar market resulting in seven securities traded, up from just two on Wednesday and finishing with the prices of three rising, three declining and one ending unchanged, with an 88 percent fall in the volume of stocks traded valued 40 percent less than on Wednesday
A total of 112,148 shares were traded for US$10,192 in comparison with 929,491 units at US$16,864 on Wednesday.
Trading averaged 16,021 shares at US$1,456 down from 464,746 units at US$8,432 on Wednesday, with a month to date average of 109,617 shares at $3,181 compared to 124,507 units at US$3,455 on the previous day. June ended with an average of 60,969 shares for US$3,967.
The US Denominated Equities Index climbed 8.38 points to 255.82.
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 ending with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville declined 0.48 of one cent in closing at 11 US cents with stakeholders exchanging 500 shares, Proven Investments dipped 1.05 cents and ended at 13.55 US cents after 6,317 units crossed through the market, Sterling Investments rallied 0.24 of a cent to end at 1.84 US cents after a transfer of 1,086 stock units, Sygnus Credit Investments lost 0.05 of cent to close at 10.95 US cents with investors transferring 500 stocks and Transjamaican Highway gained 0.18 of cent to close at 1.98 US cents in an exchange of 98,751 stocks. Thursday’s closing price, the equivalent of J$3.05 some 11 percent more than the last traded price of $2.74 in the Main Market.
In the preference segment, JMMB Group 5.75% remained at US$1.90 with 2,494 units clearing the market and JMMB Group 6% increased 0.98 of one cent to end at US$1 with 2,500 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on the JSE USD Market
Trading climbs on the JSE USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 59 percent jump in the volume of stocks changing hands along with a 57 percent rise in the value compared to Monday and resulting in trading in eight securities, compared to five on Monday with the price of three rising, two declining and three ending unchanged.
Overall, 995,788 shares were traded for US$23,655 compared with 628,194 units at US$15,066 on Monday.
Trading averaged 124,474 shares for US$2,957 compared with 125,639 units for US$3,013 on Monday. Trading ended with a month to date average of 108,305 units at US$3,218 compared to 104,501 units at US$3,280 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index rose 0.45 points to 247.03.
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 two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share increased 0.6 of a cent to 4.4 US cents with stakeholders trading 225 shares, MPC Caribbean Clean Energy climbed 3 cents to close at 63 US cents and closed with an exchange of 13 stock units, Productive Business Solutions ended at US$1.80 after exchanging just one stock. Proven Investments remained at 14.6 US cents, with 11,708 units crossing the exchange, Sterling Investments ended at 1.6 US cents with investors trading 279,097 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.8 US cents in trading 699,743 units.
In the preference segment, Productive Business Solutions 9.25% preference share gained US$1.50 and ended at US$13 with a mere one stock being traded and JMMB Group 6% shed 5.98 cents to end at 99.02 US cents in switching ownership of 5,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with five securities traded, compared to six on Friday with one rising, one declining and three ending unchanged following a mild increase in the volume of stocks changing hands after a 59 percent lower value than on Friday and resulted in the US Denominated Equities Index climbing 3.80 points to 247.63.
Overall, 628,194 shares were traded for US$15,066 compared to 684,072 units at US$37,141 on Friday.
Trading averaged 125,639 units at US$3,013 compared to 114,012 shares at US$6,190 on Friday, with a month to date average of 104,501 shares at US$3,280 compared with 100,856 units at US$3,326 on the previous day. June ended with an average of 60,969 units for US$3,967.
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 two stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, First Rock Real Estate USD share slipped 0.2 of a cent to a 52 weeks’ low of 3.8 US cents with an exchange of 64,248 shares, Proven Investments advanced 1.6 cents to end at 14.6 US cents after switching ownership of just one share, Sterling Investments ended trading of 18,919 stocks to close at 1.6 US cents and Transjamaican Highway ended at 1.81 US cents after closing with an exchange of 543,766 stock units.
In the preference segment, JMMB Group 5.75% ended at US$1.90 while investors were exchanging 1,260 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday with a 157 percent jump in the volume of stocks changing hands with the value surging 502 percent more than on Thursday, resulting in the trading of six securities, compared to four on Thursday with one rising, two declining and three ending unchanged.
Overall, 684,072 shares were traded for US$37,141 compared to 266,681 units at US$6,174 on Thursday.
Trading averaged 114,012 units at US$6,190 versus 66,670 shares at US$1,544 on Thursday, with a month to date average of 100,856 shares at US$3,326 compared with 97,424 units at US$2,578 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index climbed 0.94 points to close trading at 243.84.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio is computed using the last traded price divided by ICInsider.com’s projected earnings done 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 three with lower offers.
At the close, First Rock Real Estate USD share ended at 4 US cents while exchanging 31,000 shares, Proven Investments dipped 1.9 cents in closing at a 52 weeks’ low of 13 US cents, with 138,000 stocks crossing the exchange, Sterling Investments remained at 1.6 US cents after an exchange of 41,950 units and Transjamaican Highway climbed 0.11 of a cent to 1.81 US cents with shareholders swapping 467,858 stock units.
In the preference segment, JMMB Group 5.75% ended at US$1.90 after a transfer of 3,264 units and JMMB Group 6% slipped 13 cents in closing at US$1.05, with an exchange of 2,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.