Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 15 percent and the value jumping 174 percent over Monday’s trades, after trading took place in 54 securities, down from 61 on Monday, with prices of 21 rising, 22 declining and 11 ending unchanged.
On Monday, 20,517,691 shares were traded for $136,987,00 compared with 17,840,357 units at $50,065,528.
Trading averaged 379,957 shares at $2,536,796 compared with 292,465 shares at $820,746 on Monday and month to date, an average of 223,084 stock units at $1,384,541, compared to 209,764 units at $1,286,709 on the previous day. April’s trading averaged 264,549 stock units at $1,409,410.
Transjamaican Highway led trading with 7.56 million shares for 36.8 percent of total volume, followed by JMMB Group 7.5% with 3.34 million units for 16.3 percent of the day’s trade, Carreras ended with 1.31 million units for 6.4 percent market share, Sygnus Credit Investments came in with 1.27 million units for 6.2 percent share of trading, Wigton Windfarm with 1.14 million units for 5.5 percent market share and Scotia Group with 1.08 million units for 5.3 percent of total volume.
The All Jamaican Composite Index climbed 2,328.48 points to 369,604.09, the JSE Main Index rose 1,411.65 points to 334,046.03 and the JSE Financial Index gained 0.13 points to 75.36.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling price and four with lower offers.
At the close, Barita Investments popped 95 cents and ended at $77.80 as 40,535 shares passed through the market, Berger Paints dipped 35 cents to $7.75 after exchanging 313 units, Caribbean Cement increased $2 in closing at $52 as investors exchanged 14,427 stocks. Caribbean Producers dropped 70 cents to end at $9 after trading 126,441 stock units, Carreras fell 36 cents to $8 after an exchange of 1,306,872 units, GraceKennedy rallied 69 cents in closing at $82.19 with 5,806 stock units changing hands. Jamaica Broilers shed 49 cents to close at $36 after a transfer of 15,029 shares, Kingston Wharves declined 50 cents and ended at $32 after an exchange of 4,540 stock units, Mayberry Investments climbed 49 cents to end at $7.40 in switching ownership of 6,307 stock units. Mayberry Jamaican Equities gained 49 cents to $10.50, with 34,936 stocks crossing the market, NCB Financial rose 39 cents in closing at $71.40 after an exchange of 92,064 shares, Pan Jamaica Group advanced $2 to close at $54, with 518,344 units crossing the market. Salada Foods traded 515,000 shares after hitting a 52 weeks’ intraday low of $3 but ended trading with a 5 cents fall to $3.55, Scotia Group increased $1 to $35 in an exchange of 1,080,214 stock units. Supreme Ventures climbed 55 cents to $27.50 while exchanging 13,359 shares, Sygnus Credit Investments rose $1.60 and ended at $12.85, with 1,269,256 stocks clearing the market and Wisynco Group rallied 39 cents in closing at $17.50 with shareholders swapping 16,282 units.
In the preference segment, Eppley 7.25 preference share advanced $1.75 to end at $19.25 with investors transferring 5,000 units, Jamaica Public Service 7% lost $15.97 to close at $90 with an exchange of 371 stock units and 138 Student Living preference share shed $25 after it ended at $125, with 42 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD Market Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 454 percent valued 128 percent more than on Thursday, resulting in six securities being traded, compared to seven on Thursday with three rising, two declining and one ending unchanged.
Overall, 120,088 shares were traded for US$5,287 compared to 21,693 units at US$2,318 on Thursday.
Trading averaged 20,015 units at US$881 versus 3,099 shares at US$331 on Thursday, with a month to date average of 34,382 shares at US$1,245 compared with 35,668 units at US$1,277 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index dipped 0.22 points to 239.48.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio is computed based on the last traded price of each stock 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, MPC Caribbean Clean Energy gained 1 cent to end at 60 US cents while exchanging 11 shares, Proven Investments shed 0.01 of a cent to close at 17.59 US cents in switching ownership of 2,997 stock units, Sterling Investments lost 0.27 of a cent in closing at 1.63 US cents in an exchange of 114,476 units and Transjamaican Highway remained at 1.26 US cents with investors transferring 1,770 stocks.
In the preference segment, Productive Business 9.25% share gained 31 cents to end at US$13.15 in closing at 110 shares and JMMB Group 5.75% rallied 30 cents in closing at US$2 in trading 724 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rally for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 46 percent decline in the volume of stocks changing hands, with a 5 percent greater value than on Wednesday, resulting from trading seven securities, similar to Wednesday with two rising, three declining and two ending unchanged.
Overall, 21,693 shares were traded for US$2,318 compared with 39,854 units at US$2,210 on Wednesday.
Trading averaged 3,099 shares at US$331 versus 5,693 shares at US$316 on Wednesday, with a month to date average of 35,668 shares at US$1,277 compared with 39,468 units at US$1,388 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rallied 5.36 points to 239.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts 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, First Rock Real Estate USD share fell 0.01 of a cent to 6.19 US cents after an exchange of 906 shares, Proven Investments ended at 17.6 US cents in trading 2,558 stocks, Sterling Investments rose 0.05 of a cent to end at 1.9 US cents with an exchange of 498 units, Sygnus Credit Investments remained at 10 US cents with 17,600 stock units changing hands, Sygnus Real Estate Finance USD share dipped 0.1 of a cent in closing at 11.9 US cents with shareholders swapping 82 shares and Transjamaican Highway rallied 0.12 of a cent to 1.26 US cents after 30 units changed hands.
In the preference segment, JMMB Group 5.75% lost 30 cents to close at US$1.70, with 19 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market climbs higher
Trading plunged on the Jamaica Stock Exchange US dollar market on Wednesday, with a 66 percent fall in the volume of stocks changing hands as the value dropped 89 percent lower than on Tuesday, resulting in the trading of seven securities, compared to five on Tuesday with one rising, three declining and three ending unchanged.
Overall, 39,854 shares were exchanged for US$2,210 compared with 117,602 units at US$19,660 on Tuesday.
Trading averaged 5,693 shares at US$316 compared with 23,520 units at US$3,932 on Tuesday, with a month to date average of 39,468 shares at US$1,388 compared to 43,929 units at US$1,529 on the prior day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index gained 1.02 points to close at 234.34.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts 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 10 US cents with 11,802 shares being traded, MPC Caribbean Clean Energy ended at 59 US cents in swapping 25 stocks, Sterling Investments lost 0.05 of a cent to close at 1.85 US cents, with 15,015 units changing hands, Sygnus Credit Investments rose 0.56 of a cent to 10 US cents after an exchange of 3,248 stock units, Sygnus Real Estate Finance USD share dipped 0.39 of a cent and ended at 12 US cents as 2,763 stocks passed through the market and Transjamaican Highway fell 0.06 of a cent to 1.14 US cents in trading 7,000 units.
In the preference segment, Eppley 6% preference share remained at US$1.40 with an exchange of one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.