On Monday, market activity ended on the Jamaica Stock Exchange Main Market, with the volume of stocks traded declining by 34 percent and the value down 41 percent below Friday’s outturn as rising stocks beat out those declining.
Trading ended with 54 securities down from 56 on Friday, with 20 rising, 16 declining and 18 left unchanged.
The All Jamaican Composite Index gained 4,305.03 points to settle at 448,121.25, the JSE Main Index and the JSE Financial Index popped 0.89 points to settle at 93.66.
The PE Ratio, a formula for computing appropriate stock values, averages 14.6. 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 August 2023.
Overall, 7,299,070 shares were exchanged for $50,442,185 versus 11,037,154 units at $85,895,992 on Friday. Trading averages 135,168 units at $934,115, compared to 197,092 shares at $1,533,857 on Friday and month to date, an average of 232,770 units at $3,555,980, compared to 237,971 units at $3,689,672 on the previous trading day. April averaged 532,209 units at $5,709,319.
Transjamaican Highway led trading with 1.91 million shares for 26.2 percent of total volume, followed by Sagicor Select Financial Fund with 1.39 million units for 19 percent of the day’s trade, QWI Investments traded 1.08 million units for 14.8 percent market share and Wigton Windfarm, 1.07 million units for 14.7 percent market share.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Caribbean Cement climbed $1 to close at $64, with 25,448 shares crossing the exchange, Eppley Caribbean Property Fund popped $2.95 to $44 in switching ownership of 3 stock units, First Rock Capital shed 35 cents in ending at $12.05 with the swapping of 1,703 stocks. Jamaica Stock Exchange lost 30 cents to end at $18.50 in an exchange of 13,082 units, JMMB Group gained 75 cents in closing at $46.75 with 81,624 stocks changing hands, Kingston Properties rallied 49 cents to close at $7.99 after 6,251 stock units were traded. Massy Holdings advanced $3 to $98 in trading 67,506 units, Mayberry Investments declined 36 cents to $10.10 while exchanging 4,158 shares, Mayberry Jamaican Equities fell $1.10 in closing at $13.50, with 3,526 stocks clearing the market. Portland JSX increased 70 cents to $10.70 after 50,000 stock units changed hands, Proven Investments rose 70 cents to $36.75 in exchanging 3,532 shares, Pulse Investments dropped 32 cents in closing at $3.48, with 309,086 units crossing the market. Stanley Motta increased 40 cents in ending at $5.30 after exchanging 23,878 shares, Supreme Ventures rose $1.01 to end at $29.01, with 14,640 stock units crossing the market, Sygnus Credit Investments dropped $1.28 to close at $14.80, with 12,534 stocks changing hands. Sygnus Real Estate Finance rallied $1.05 in closing at $14 after an exchange of 3,310 units and Wisynco Group advanced 50 cents to close at $19.80, trading 42,528 stocks.
In the preference segment, Jamaica Public Service 9.5% slipped $1 to $2999 with an exchange of 13 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded declining 77 percent after the value dropped 87 percent lower than on Wednesday and resulting in seven securities trading, compared to 10 on the previous day, with one rising, three declining and three ending unchanged.
The JSE US Denominated Equities Index shed 0.22 points to end at 210.19. The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of137,282 shares traded for US$12,922 versus 585,815 units at US$99,060 on Wednesday. Trading averaged 19,612 units at US$1,846, compared to 58,582 shares at US$9,906 on Wednesday, with a month to date average of 49,348 shares at US$3,648 versus 50,649 units at US$3,727 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share lost 0.59 of a cent to end at 7.35 US cents with an exchange of 1,344 shares, Margaritaville remained at 15 US cents with six units changing hands, Proven Investments finished at 26 US cents, with 23,185 stock units crossing the market. Sygnus Credit Investments USD share declined 0.33 cents to 12.55 US cents in switching ownership of 13,921 stocks and Transjamaican Highway fell 0.02 of a cent to close at 0.98 of one US cent, with 96,811 shares crossing the market.
In the preference segment, JMMB Group 5.75% climbed 29 cents in closing at US$2.32 with an exchange of 1,469 stock units and JMMB Group 6% ended unchanged at US$1.10, with 546 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest gains for JSE USD market
Trading close of the Jamaica Stock Exchange US dollar market on Wednesday, with a 59 percent decline in the volume of stocks traded and a 31 percent rise in the value compared to Tuesday, resulting in more stocks rising than falling.
A total of 10 securities traded, the same as Tuesday, with three rising, two declining and five ending unchanged. The JSE US Denominated Equities Index popped 0.09 points to end at 210.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending from September 2022 up to August 2023.
Overall, 585,815 shares traded, for US$99,060 compared to 1,415,498 units at US$75,783 on Tuesday. Trading averaged 58,582 units at US$9,906, compared to 141,550 shares at US$7,578 on Tuesday, with a month to date average of 50,649 shares at US$3,727 versus 50,121 units at US$3,315 the previous day. Tuesday. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one ending with a higher bid than the last selling price and two stocks with lower offers.
At the close, First Rock Capital USD share ended unchanged at 7.94 US cents after trading 11 shares, Productive Business Solutions advanced 2 cents in closing at US$1 in exchanging 12 stock units, Proven Investments finished at 26 US cents, with 369,647 units crossing the exchange. Sterling Investments lost 0.09 of a cent to end at 2.05 US cents, with 19,700 stocks changing hands, Sygnus Credit Investments USD share popped 0.53 of one cent to 12.88 US cents trading 1,007 units, Sygnus Real Estate Finance USD share remained at 12.5 US cents while exchanging 600 stocks and Transjamaican Highway rose 0.02 of a cent to 1 US cent after trading 194,663 stock units.
In the preference segment, Equityline Mortgage Investment preference share finished at US$1.70 after trading of 115 shares, JMMB Group 5.75% declined 29.3 cents in closing at US$2.03 in an exchange of 58 stock units and JMMB Group 6% remained at US$1.10 with the swapping of two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Losses no gains for JSE USD Market
Trading at the close of the Jamaica Stock Exchange US dollar market on Tuesday ended with the volume of stocks traded rising 154 percent with a 48 percent more value than on Friday, resulting in 10 securities trading, compared to eight on Friday with no rising, four declining and six left unchanged.
The JSE US Denominated Equities Index gained 0.35 points to end at 210.32. The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com earnings forecasts for companies whose financial year ends up to August 2023.
Overall, 1,415,498 shares traded for US$75,783, up from 557,891 units at US$51,094 on Friday.
Trading averaged 141,550 units at US$7,578, compared to 69,736 shares at US$6,387 on Friday, with a month to date average of 50,121 shares at US$3,315 versus 43,590 units at US$3,011 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share remained at 7.94 US cents with the swapping of 3,811 shares, Margaritaville ended unchanged at 15 US cents, with 109 stocks changing hands, Productive Business Solutions finished at 98 US cents after 758 stock units crossed the market. Proven Investments lost 0.75 cents in closing at 26 US cents after 159,470 units changed hands, Sterling Investments declined 0.02 of a cent in ending at 2.14 US cents in an exchange of 19,557 units, Sygnus Credit Investments USD share dropped 0.15 of a cent to close at 12.35 US cents as 179,120 stocks changed owners. Sygnus Real Estate Finance USD share remained at 12.5 US cents after exchanging 50 stock units and Transjamaican Highway shed 0.02 of a cent to end at 0.98 of one US cents in exchanging 1,052,537 shares.
In the preference segment, JMMB Group 5.75% finished at US$2.323 with 85 units clearing the market and JMMB Group 6% ended unchanged at US$1.10, trading just one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market in 6% dive
Some 208 percent more funds entered the Jamaica Stock Exchange US dollar market on Thursday over Wednesday and led to the volume of stocks traded rising 77 percent from that on the previous day, resulting in 11 securities changing hands, compared to eight on Wednesday with four rising, three declining and four ending unchanged.
The JSE US Denominated Equities Index dropped 11.85 points, or 5.6 percent, to 211.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of 257,178 shares traded for US$48,070, up from 145,513 units at US$15,594 on Wednesday. Trading averaged 23,380 units at US$4,370, compared to 18,189 shares at US$1,949 on Wednesday, with a month to date average of 42,005 shares at US$2,806 versus 43,699 units at US$2,664 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share shed 0.04 of a cent to end at 7.9 US cents in trading 42 shares, Margaritaville ended unchanged at 15 US cents, with 12 stocks clearing the market, Productive Business Solutions declined 20 cents to 98 US cents in exchanging 1,002 units. Proven Investments advanced 0.05 of one cent in closing at 26.5 US cents with 148,102 stock units changing hands, Sterling Investments climbed 0.16 of a cent to close at 2.16 US cents an exchange of 2,165 stock units, Sygnus Credit Investments USD share increased 0.59 of a cent to 12.99 US cents after exchanging 43 shares. Sygnus Real Estate Finance USD share finished at 12.5 US cents after trading 2,293 units and Transjamaican Highway fell 0.02 of a cent to 1 US cent after 100,000 stocks changed hands.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.70 in an exchange of 117 stocks, JMMB Group 5.75% popped 2 cents to US$2.03, with 3,400 shares crossing the market and JMMB Group 6% finished at US$1.10 with two units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.