The Jamaica Stock Exchange US dollar market bucked the negative trend in the rest of the market and bounced on Thursday, after an 837 percent increase in the volume of stocks exchanged, valued at 393 percent more than on Wednesday and resulting in the trading of 10 securities, up from six on Wednesday, with two rising, five declining and three ending unchanged.
Overall, 66,713 shares were traded for US$6,828, up from 7,120 units at US$1,384 on Wednesday.
Trading averaged 6,671 units at US$683 up from 1,187 shares at US$231 on Wednesday, with month to date average of 29,309 shares at US$3,560 down from 31,824 units at US$3,880 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index jumped 14.05 points to end at 256.85, with the market rising 34.4 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, MPC Caribbean Clean Energy dipped 0.01 of a cent to close at 64.99 US cents in exchanging 30 shares, Productive Business Solutions shed 30 cents to end at US$1.70 after hitting a record high of 42.25 while exchanging 51 stock units, Proven Investments dipped 0.39 of a cent to 18.62 US cents with investors transferring 14,937 units and Sterling Investments lost 0.2 of one cent in ending at 1.9 US cents with the swapping of 36,108 stocks. Sygnus Credit Investments J$ share remained at 14.62 US cents in exchanging seven stock units, Sygnus Credit Investments USD share rallied 0.04 cents to close at 9.98 US cents as investors exchanged 11,500 stock units and Transjamaican Highway declined 0.01 of one cent in closing at 0.92 US cents after investors finished trading of at 2,490 shares.
In the preference segment, Productive Business 9.25% preference share ended at US$11 after exchanging 31 units, Eppley 6% preference share advanced 1 cent to end at US$1.13, with 386 stocks changing hands and JMMB Group 6% remained at US$1.07 after the trading of 1,173 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bounce for JSE USD Market
JSE USD Market slips on Wednesday
The Jamaica Stock Exchange US dollar market closed on Wednesday with a 99 percent fall in the volume of stocks traded following the 98 percent decline in funds coming to the market compared with Tuesday, resulting in six securities traded, down from 11 on Tuesday with one rising, three declining and two ending unchanged.
Overall, 7,120 shares were traded for US$1,384 down sharply from 539,675 units at US$65,957 on Tuesday.
Trading averaged 1,187 units at US$231 versus 49,061 shares at US$5,996 on Tuesday, with a month to date average of 31,824 shares at US$3,880 versus 34,013 units at US$4,141 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index slipped 2.60 points to end at 242.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
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, Productive Business Solutions remained at US$2 after finishing the trading of 50 shares, Proven Investments dropped 0.99 of a cent to 19.01 US cents, with 4,387 stocks clearing the market, Sterling Investments rallied 0.15 of a cent to close at 2.1 US cents with an exchange of 1,778 units and Sygnus Credit Investments USD share shed 0.05 of a cent in closing at 9.94 US cents with the swapping of 874 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$11 passed with 30 unit passing through the market and JMMB Group 6% dipped 2 cents to close at US$1.07 after a transfer of one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 103 percent, with 179 percent value than on Monday, resulting from trading in 11 securities, compared to seven on Monday with prices of three rising, two declining and six unchanged.
A total of 539,675 shares were traded for US$65,957 compared with 266,444 units for US$23,622 on Monday.
Trading averaged 49,061 units at US$5,996, up from 38,063 shares at US$3,375 on Monday, with the month to date average of 34,013 shares at US$4,141 compared with 31,745 units at US$3,861 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index gained 1.32 points to end at 245.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close, First Rock Real Estate USD share fell 0.37 of one cent to close at 7.6 US cents, with the swapping of 12,240 shares, Margaritaville ended at 14 US cents while exchanging eight stocks, Productive Business Solutions remained at US$2 as one stock unit crossed the market. Proven Investments rallied 1 cent to 20 US cents after a transfer of 296,697 units, Sterling Investments ended at 1.95 US cents after 8,544 units passed through the market, Sygnus Credit Investments USD share climbed 0.88 of a cent to 9.99 US cents after exchanging 28 shares. Sygnus Real Estate Finance USD share remained at 11 US cents after trading ten stocks and Transjamaican Highway advanced 0.02 of a cent to 0.93 of one US cent after an exchange of 220,195 stock units.
In the preference segment, Eppley 6% preference share lost 1 cent after ending at US$1.12 with trading of just one unit, Equityline Mortgage Investment preference share remained at US$1.67 in an exchange of one stock and JMMB Group 5.75% ended at US$2 with an exchange of 1,950 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Just gains no losses
The Jamaica Stock Exchange US dollar market ended trading on Thursday, with the volume of stocks exchanged declining 89 percent with a 12 percent reduction in value compared with activities on Wednesday, resulting in eight securities traded, up from six on Wednesday with four rising, no declining and four ending unchanged.
Just 65,606 shares were traded for US$16,127, down from 622,317 units at US$18,378 on Wednesday.
Trading averaged 8,201 units at US$2,016 versus 103,720 shares at US$3,063 on Wednesday, with a month to date average of 33,751 shares at US$4,075 compared with 37,759 units at US$4,398 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index rose 3.50 points to end at 208.77.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and two with lower offers.
At the close, Margaritaville ended at 14 US cents, with 13 shares crossing the exchange, Proven Investments advanced 0.34 of one cent after ending at 19 US cents in switching ownership of 28,919 stock units, Sygnus Credit Investments USD share ended at 10 US cents in trading 974 stocks. Sygnus Real Estate Finance USD share remained at 11.64 US cents as seven shares passed through the market and Transjamaican Highway increased 0.05 cents to end at 0.94 US cents in an exchange of 28,819 units.
In the preference segment, Productive Business 9.25% preference share climbed US$1 to end at US$12 after an exchange of one share. JMMB Group 5.75% ended at US$1.50 with a transfer of 6,840 stocks and JMMB Group 6% rallied 2 cents in closing at US$1.09 with 33 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks exchanged rising 88 percent and the value rising 229 percent more than on Tuesday, resulting in six securities traded, compared to seven on Tuesday with one rising, four declining and one ending unchanged.
Overall, 622,317 shares traded for US$18,378 compared to 331,235 units at US$5,593 on Tuesday.
Trading averaged 103,720 units at US$3,063, up from 47,319 shares at US$799 on Tuesday, with a month to date average of 37,759 shares at US$4,398 versus 28,964 units at US$4,577 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 4.13 points to end at 205.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share popped 0.03 of a cent to 7.98 US cents, with 16,039 shares clearing the market, Proven Investments fell 0.34 of one cent to end at 18.66 US cents with the swapping of 66,067 units, Sterling Investments ended at 2 US cents in exchanging 3,250 stocks. Sygnus Credit Investments J$ share dropped 1.01 cents to 14.62 US cents in an exchange of 152 stock units and Transjamaican Highway dipped 0.01 of a cent to 0.89 of one US cent crossing the market 536,804 stocks.
In the preference segment, Productive Business 9.25% preference share declined US$1 in closing at US$11 with an exchange of 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.