Market activity ended on Monday, with the volume of stocks traded declining 69 percent and the valuing surging 185 percent over trading Friday at the close of the Jamaica Stock Exchange Main Market and ended with rising stocks just edged out by those declining.
The All Jamaican Composite Index dipped 44.74 points to 440,164.82, the JSE Main Index fell 1,246.97 points to 385,283.93 and the JSE Financial Index lost 0.22 points to settle at 91.53.
Trading ended with 59 securities up from 56 on Friday, with 24 rising, 25 declining and 10 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending up to the close of August 2023.
Overall, 10,717,973 shares were exchanged for $468,094,270 versus 34,028,346 units at $164,480,692 on Friday. Trading averages 181,661 units at $7,933,801, compared to 607,649 shares at $2,937,155 on Friday and month to date, an average of 274,067 units at $3,499,615, compared to 286,629 units at $2,896,811 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Productive Business Solutions 9.75% preference share led trading with 3.63 million shares for 33.9 percent of total volume followed by Transjamaican Highway ended with 1.80 million units for 16.8 percent of the day’s trade and QWI Investments with 1.07 million units for 9.9 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $1.41 to end at $86.99, with 213,628 shares crossing the exchange, Berger Paints rallied $1 to close at $12 with an exchange of 11,736 stock units, Caribbean Cement shed $1.30 to $68.70 with the swapping of 25,573 stocks. Eppley jumped $7.90 in closing at $46 after trading two units, First Rock Capital gained $1.07 in ending at $13.07 and finishing trading with 6,954 units, Guardian Holdings fell $25 to close at $512 in switching ownership of 34 stocks. Jamaica Broilers dropped $1.49 in closing at $26 trading 73,934 stock units, Jamaica Producers lost 95 cents to end at $21.27 in an exchange of 1,736 shares, Jamaica Stock Exchange fell $1.60 to $18.35, with 4,545 stocks crossing the market. JMMB Group popped $1 in ending at $43 after an exchange of 149,358 stock units, Kingston Properties shed 40 cents to close at $7.51 while trading 15,395 shares, Massy Holdings advanced $1.50 to $94 after 47,901 units changed hands. Mayberry Investments climbed $1.50 to $10.50 with 532,238 stock units clearing the market, Mayberry Jamaican Equities declined 29 cents to $14.70, with 35,083 units crossing the market, MPC Caribbean Clean Energy lost $12.94 in closing at $95.01 after exchanging 10,624 shares. 138 Student Living dropped 43 cents in closing at $4.76, with 3,271 stocks changing hands, Palace Amusement dropped $78 to $910 in an exchange of 19 units, PanJam Investment rose 50 cents to $66 in exchanging 22 shares. Pulse Investments declined 59 cents to close at a 52 weeks’ low of $3.01 with 621,901 stocks changing hands, Sagicor Group rallied 90 cents to end at $56.90 in an exchange of 5,878 stock units, Scotia Group advanced $1.46 to close at $37.50 after exchanging 18,617 units. Stanley Motta climbed 40 cents in closing at $5.50 with the swapping of 3,590 shares and Supreme Ventures shed $1 to end at $29, with 113,240 stock units changing hands.
In the preference segment, Eppley 7.50% preference share lost $1.23 to end at $6, with 10,000 stocks crossing the market, 138 Student Living preference share fell 25 cents to $20.63 with 5 stock units changing hands and Productive Business Solutions 9.75% preference share gained $1.25 to $108.25 with 3,628,039 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume climbs on JSE USD market Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks traded rising 995 percent and the value jumping 1,406 percent more than on Thursday, resulting in a decline in the market index.
A total of six securities traded, compared to eight on Thursday, with one rising, two declining and three ending unchanged. The JSE US Denominated Equities Index slipped 0.06 points to end at 220.39.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 247,506 shares traded, for US$57,518, up from 22,611 units at US$3,819 on Thursday.
Trading averaged 41,251 units at US$9,586, up from 2,826 shares at US$477 on Thursday, with a month to date average of 112,119 shares at US$4,929 versus 119,712 units at US$4,430 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with higher bids than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.1 of a cent to 7.5 US cents with 5,313 shares clearing the market, Margaritaville ended unchanged at 15 US cents in trading 10,006 stocks, Proven Investments lost 0.1 of one cent to end at 26 US cents in switching ownership of 210,953 units. Sterling Investments fell 0.2 of a cent to 2 US cents after exchanging 7,000 stock units, Sygnus Credit Investments USD share finished at 12.39 US cents while exchanging 1,990 stocks and Transjamaican Highway remained at 0.98 of one US cent after trading 12,244 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE US dollar market climbs
The Jamaica Stock Exchange US dollar market closed higher on Wednesday, with the volume of stocks traded dropping 98 percent, with a 90 percent slide in the value compared to Tuesday, with more stocks rising than falling at the close.
Seven securities traded, similar to Tuesday with three rising, two declining and two ending unchanged. The JSE US Denominated Equities Index gained 5.84 points to end at 221.96.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Overall, 57,904 shares traded, for US$8,144 compared to 2,380,018 units at US$85,715 on Tuesday. Trading averaged 8,272 units at US$1,163, compared to 340,003 shares at US$12,245 on Tuesday, with a month to date average of 139,193 shares at US$5,089 versus 161,545 units at US$5,759 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with bids higher than the last selling prices and four with lower offers.
At the close, First Rock Capital USD share finished at 7.5 US cents after 2,085 shares were traded, Margaritaville ended unchanged at 15 US cents, with sis stock units changing hands, MPC Caribbean Clean Energy climbed 18 cents to US$1.38 with a mere one stock units. Proven Investments declined 0.48 cents in ending at 26.01 US cents, with 21,053 units crossing the market, Sterling Investments popped 0.2 of a cent to end at 2.2 US cents, with 9,900 shares clearing the market, Sygnus Credit Investments USD share rallied 1.19 cents in ending at 12.4 US cents, with an exchange of 17,237 stock units and Transjamaican Highway shed 0.01 of a cent to 0.99 of one US cent in exchanging 7,622 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in trading on the JSEUSD market
Trading picked up sharply on Tuesday at the close of the Jamaica Stock Exchange US dollar market, with the volume of stocks traded surging 1,022 percent and the value climbing 644 percent more than on Monday and resulting in seven securities trading, down from nine on Monday, with two rising, one declining and four ending unchanged.
The JSE US Denominated Equities Index gained 1.18 points to end at 216.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio is based on ICInsider.com earnings forecasts for companies with financial years ending, between November this year and August 2023.
A total of, 2,380,018 shares traded for US$85,715 versus 212,103 units at US$11,513 on Monday. Trading averaged 340,00 units at US$12,245, compared to 23,567 shares at US$1,279 on Monday, with month to date average of 161,545 shares at US$5,759 versus 124,804 units at US$4,424 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share finished at 7.5 US cents while exchanging 35 shares, Margaritaville ended unchanged at 15 US cents with the swapping of 207 stock units, Proven Investments shed 0.01 cents to end at 26.49 US cents, with 235,369 stocks crossing the market. Sterling Investments remained at 2 US cents trading 29,028 units, Sygnus Credit Investments USD share gained 0.11 of a cent in closing at 11.21 US cents after an exchange of 37,602 units and Transjamaican Highway popped 0.1 of a cent to 1 US cent in exchanging 2,077,677 stock units.
In the preference segment, JMMB Group 5.75% finished at US$2.30 after the trading of 100 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market eases back
On Monday, the volume and value of shares traded on the Jamaica Stock Exchange US dollar market declined by 94 percent and 87 percent, respectively, resulting in an even number of stocks rising and falling.
A total of nine securities traded, compared to eight on Friday, with two rising, two declining and five ending unchanged.
The JSE US Denominated Equities Index slipped 0.16 points to end at 214.94.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of 212,103 shares traded for US$11,513 down from 3,358,668 units at US$92,093 on Friday.
Trading averaged 23,567 units at US$1,279, compared to 419,834 shares at US$11,512 on Friday, with a month to date average of 124,804 shares at US$4,424 versus 161,249 units at US$5,556 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share remained at 7.5 US cents with 15,710 shares crossing the exchange, Margaritaville ended at 15 US cents with the swapping of 33 stocks, Proven Investments ended unchanged at 26.5 US cents after the trading of 9,423 units. Sterling Investments shed 0.14 of a cent to end at 2 US cents in exchanging 606 stock units, Sygnus Credit Investments USD share rose 0.02 of a cent in closing at 11.1 US cents with 42,260 units changing hands, Sygnus Real Estate Finance USD share finished at 12 US cents in an exchange of 1,248 stock units and Transjamaican Highway ended at 0.9 of a US cent in trading 141,092 stocks.
In the preference segment, JMMB Group 5.75% lost 2 cents after ending at US$2.30 in exchanging one share and JMMB Group 6% gained 9 cents in closing at US$1.10 after trading 1,730 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.