Market activity fell sharply Monday on the Jamaica Stock Exchange Main Market, with the volume of stocks traded declining 72 percent valued 88 percent lower than on Friday, with trading taking place in 59 securities up from 57 on Friday, with prices of 23 stocks rising, 17 declining and 19 unchanged.
Trading accounted for an exchange of 7,531,690 shares for $58,984,158 down from 26,822,609 stock units at $484,009,143 on Friday.
Trading averaged 127,656 shares at $999,731 compared to 470,572 units at $8,491,388 on Friday and month to date, an average of 412,263 stocks at $2,609,321, down from 434,071 units at $2,732,653 on the previous trading day and April that closed with an average of 680,802 stock units at $3,619,595.
Wigton Windfarm led trading with 2.38 million shares for 31.6 percent of total volume followed by Transjamaican Highway with 1.11 million stocks for 14.7 percent of the day’s trade and Lasco Distributors with 1.10 million units for 14.6 percent of stock traded.
The All Jamaican Composite Index sank 551.92 points to end trading at 357,848.33, the JSE Main Index fell 811.24 points to settle at 320,505.98 and the JSE Financial Index slipped 0.41 points to close trading at 67.86.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints skidded $1.17 to close at $7.33 crossing the market 806 units, Caribbean Cement popped $1.10 to $64 in an exchange of 39,266 stocks, Caribbean Producers fell 75 cents and ended at $8.55 closed at 6,430 shares. Eppley shed 50 cents to end at $39 clearing the market with 29 stock units, Eppley Caribbean Property Fund shed 90 cents in closing at $38.60 trading 882 shares, GraceKennedy lost $2 to finish at $73.50 changing hands 110,782 stocks. Guardian Holdings slipped $9 and ended at $360 with an exchange of 13,197 units, Jamaica Broilers increased 50 cents to $31.50 passed through the market 76,485 stock units, Jamaica Stock Exchange climbed $1.25 to end at $10.50 with investors swapping 91,493 shares. JMMB Group rose $1.22 in closing at $24.72 after a transfer of 55,524 units,
Lasco Manufacturing advanced 32 cents to finish at $5.70 as investors exchanged 537,047 stocks, Pan Jamaica sank $1.50 to close at $46 in trading 2,087 stock units. Sagicor Group dipped 40 cents to $40 after an exchange of 71,182 shares, Scotia Group dropped $1.35 to close at $41.90 with investors dealing in 23,949 units, Seprod gained 59 cents to finish at $78.59 after exchanging 52,091 stocks. Supreme Ventures shed 40 cents and ended at $24.60 with investors trading 16,871 stock units, Sygnus Real Estate Finance rallied 39 cents in closing at $11 in an exchange of 27 shares and Wisynco Group increased 75 cents to end at $21.25 with traders dealing in 91,445 stocks.
In the preference segment, 138 Student Living preference share popped 54 cents to $214.54 crossing the exchange 1 unit and Sygnus Credit Investments C10.5% gained $1 to end at $109 in switching ownership of 14 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rise in JSE USD trading
The volume of stocks traded rose 415 percent with a 66 percent higher on the Jamaica Stock Exchange US dollar market on Wednesday, resulting in trading in five securities, compared to nine on Tuesday with prices of three rising, one declining and one ending unchanged.
The market closed with an exchange of 379,029 shares for US$8,339 compared to 73,669 units at US$5,026 on Tuesday.
Trading averaged 75,806 units at US$1,668 versus 8,185 shares at US$558 on Tuesday, with a month to date average of 34,930 shares at US$2,883 compared with 31,924 units at US$2,973 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index gained 2.27 points to close at 236.26.
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 and or around 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, Margaritaville advanced 1.28 cents to 9.81 US cents with investors swapping 119 shares, Proven Investments rose 0.39 of one cent to finish at 13.89 US cents in switching ownership of just one stock, Sterling Investments fell 0.07 of a cent and ended at 1.53 US cents after 31,198 stock units passed through the market. Sygnus Credit Investments remained at 7.7 US cents after exchanging 9,133 units and Transjamaican Highway rallied 0.09 of a cent in closing at 2.11 US cents with investors dealing in 338,578 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inched higher
The Jamaica Stock Exchange US dollar market ended trading on Tuesday, with the volume of stocks exchanged declining 62 percent with a 73 percent lower value than on Monday, resulting in trading in nine securities, compared to six on Monday with prices of one rising, three declining and five ending unchanged.
The market closed with an exchange of 73,669 shares for US$5,026 compared to 193,327 units at US$18,349 on Monday.
Trading averaged 8,185 units at US$558 versus 32,221 shares at US$3,058 on Monday, with a month to date average of 31,924 shares at US$2,973 compared with 35,546 units at US$3,341 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index increased 0.23 points to wrap-up trading at 233.95.
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 and or around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, MPC Caribbean Clean Energy skidded 1 cent and ended at 60 US cents after an exchange of 120 stock units, Proven Investments popped 0.41 of one cent to 13.5 US cents with a transfer of 2,000 shares, Sterling Investments ended at 1.6 US cents, with trading of 2,418 units.
Sygnus Credit Investments lost 0.3 of a cent to end at 7.7 US cents after a transfer of 6,503 stocks and Transjamaican Highway slipped 0.01 of a cent in closing at 2.02 US cents with traders dealing in 61,599 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.20 in an exchange of 164 stocks, JMMB Group 5.5% closed trading at US$1.64, with 729 shares crossing the market, Productive Business Solutions 9.25% preference share ended at US$11.05 with an exchange of 86 units and Sygnus Credit Investments US 8% ended at US$10.60 after 50 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on JSE USD Market
Trading surged on the Jamaica Stock Exchange US dollar market ended on Monday, with a 680 percent rise in the volume of stocks exchanged with a 2,396 percent jump in value compared with Friday, resulting in trading in six securities compared to five on Friday with prices of one rising, three declining and two ending unchanged.
The market closed with an exchange of 193,327 shares for US$18,349 compared to 24,785 units at US$735 on Friday.
Trading averaged 32,221 units at US$3,058 versus 4,957 shares at US$147 on Friday, with a month to date average of 35,546 shares at US$3,341 compared with 35,922 units at US$3,373 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index slipped 2.73 points to close at 233.75.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share ended at 4.7 US cents in an exchange of 1,611 shares, Proven Investments remained at 13.09 US cents with investors dealing in 26,639 stocks,
Sterling Investments climbed 0.09 of a cent to end at 1.6 US cents in switching ownership of 500 shares. Sygnus Credit Investments sank 0.5 of one cent in closing at 8 US cents after exchanging 96,400 stock units and Transjamaican Highway declined 0.13 of a cent and ended at 2.03 US cents with 63,384 shares crossing the market.
In the preference segment, JMMB Group US8.5% preference share fell 7 cents to finish at US$1.20 following trading of 4,793 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 26,822,609 shares trading for $484,009,143 up from just 6,147,676 units for a mere $35,957,977 on Thursday.
The All Jamaican Composite Index climbed 1,282.66 points to 358,400.25, the JSE Main Index increased 854.69 points to end trading at 321,317.22 and the JSE Financial Index rose 0.34 points to settle at 68.27.
Jamaica Broilers popped 49 cents to close at $31 after 22,298 units crossed the market, Jamaica Stock Exchange sank $2.01 to close at $9.25 after an exchange of 3,201 stocks, JMMB Group shed 51 cents to end at $23.50 after 27,027 units were traded. Kingston Wharves advanced $1.04 to close at $26 with an exchange of 8,458 stocks, Mayberry Group gained 50 cents in closing at $8 as 10,016 shares passed through the market, NCB Financial rose $1 to end at $63 as investors exchanged 569,374 stock units. Pan Jamaica gained $1.50 to close at $47.50 with a transfer of 5,734 shares, Sagicor Real Estate Fund popped 59 cents to close at $7.64 after an exchange of 23 stocks, Scotia Group rallied $1.75 in closing at $43.25 with investors transferring 64,233 units. Seprod declined $2 to end at $78, with 614 stock units changing hands and Wisynco Group lost 65 cents to finish at $20.50 after an exchange of 8,096 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 6,147,676 shares for $35,957,977 compared with 12,161,308 units at $176,680,058 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.4. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
GraceKennedy sank $2 to $74 with a transfer of 92,957 units, Guardian Holdings climbed $9.98 to finish at $369.98 after 200 stock units passed through the market, Jamaica Broilers slipped 59 cents and ended at $30.51 with investors transferring 40,644 shares. Jamaica Stock Exchange popped $2.22 to close at $11.26 after an exchange of 11,305 stock units, JMMB Group lost 49 cents in closing at $24.01 in trading of 105,121 units, Kingston Wharves dipped $1.04 to end at $24.96 and closed after an exchange of 3,446 stocks. NCB Financial skidded $1.99 in closing at $62 with an exchange of 39,680 units, Pan Jamaica fell $1.50 to $46, with 3,190 stocks crossing the market, Sagicor Real Estate Fund shed 59 cents to finish at $7.05 as investors exchanged 307 shares. Scotia Group dipped 50 cents and ended at $41.50 in switching ownership of 112,313 stock units and Stanley Motta lost 93 cents to end at $6.61, with 3,572 shares changing hands.
In the preference segment, 138 Student Living preference share skidded $4.03 to close at $214 in an exchange of 22 stock units, Productive Business Solutions 9.75% preference share sank $8.50 to $105 with investors dealing in 1,200 stocks and Sygnus Credit Investments C10.5% slipped $2 to finish at $108 after exchanging 500 units.
Trading closed with an exchange of 12,161,308 shares for $176,680,058 compared to 31,493,482 stock units at $262,090,658 on Tuesday.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
Margaritaville climbed 92 cents and ended at $15 with investors trading just one share, Massy Holdings popped $1.89 to $89.89 in an exchange of a mere one stock unit, Mayberry Group lost 50 cents to close at $7.50, with 294 units crossing the market. NCB Financial gained $2.49 to finish at $63.99 in an exchange of 1,624,909 stock units, Pan Jamaica rallied $2.19 to $47.50, with 2,456 shares changing hands, Proven Investments advanced 43 cents in closing at $21.43 with 3,766 units crossing the exchange. Sagicor Group gained 55 cents to $40.55 in trading 9,907 stocks, Scotia Group slipped $1.20 to close at $42, with 161,192 stock units crossing the market, Seprod popped $1.01 in closing at $80 as investors exchanged 9,844 shares and Wisynco Group advanced $1 and ended at $21 after a transfer of 120,383 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 31,493,482 shares being traded for $262,090,658 down sharply from 176,820,638 units at $563,186,691 on Monday.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and five with lower offers.
Lasco Distributors gained 36 cents to end at $5.45 with a transfer of 15,214 shares, Margaritaville dipped 92 cents to end at $14.08 after 13,196 stock units passed through the market, NCB Financial slipped $3 in closing at $61.50, with 154,649 stocks changing hands. Pan Jamaica lost $1.69 and ended at $45.31 after a transfer of 1,000 units, Proven Investments advanced $1 to finish at $21 in trading 473 shares, Sagicor Group dipped 90 cents to close at $40 in an exchange of 78,504 stocks. Seprod rose $2.97 to $78.99 with investors trading 284,751 units, Stanley Motta gained 68 cents to finish at $7.26 after an exchange of one stock unit and Sygnus Credit Investments sank 30 cents and ended at $10.50 with investors transferring 117,075 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 176,820,638 shares trading for $563,186,691 well up from a total of 16,107,185 units at $138,294,154 on Friday.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and five with lower offers.
Pan Jamaica rallied $1.80 to end at $47 after 2,944 stock units crossed the exchange, Portland JSX skidded $1.36 in closing at $7.69 in trading 8,987 stocks, Sagicor Group increased by 71 cents to close at $40.90 after 14,523 units passed through the market. Scotia Group climbed 65 cents to $43.15 in an exchange of 146,309 stocks, Seprod shed 98 cents to close at $76.02 with traders dealing in 9,579 units, Stanley Motta declined 90 cents and ended at $6.58 after an exchange of 1,023 shares. Sygnus Real Estate Finance dipped $1.36 to finish at $10.53 with investors trading 2,324 stock units and Wisynco Group slipped 50 cents to end at $20 after a transfer of 82,268 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading of 16,107,185 shares ended with an exchange of $138,294,154 compared with 6,285,352 units at $62,015,913 on Thursday.
The Main Market closed with an average PE Ratio of 12.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Guardian Holdings advanced $10 in closing at $370 in switching ownership of 8 shares. Jamaica Broilers skidded 40 cents to close at $31.10, with 73,385 units crossing the exchange, Lasco Manufacturing gained 32 cents to end at $5.47 with a transfer of 5,600 stocks, Margaritaville sank 73 cents to finish at $15 with investors exchanging 228 stock units. Massy Holdings slipped $2 to $88 with investors trading 1,987 shares, NCB Financial dipped 48 cents to finish at $64 after an exchange of 467,997 units, Pan Jamaica dipped 30 cents and ended at $45.20 with investors dealing in 732,442 stocks. Proven Investments shed $1.03 in closing at $20 after trading 8,527 stock units, Sagicor Group dropped $1.07 to close at $40.19 with investors transferring 8,461 shares, Scotia Group sank 65 cents to end at $42.50 in an exchange of 11,068 stocks. Seprod dipped $4.50 to $77, with 15,309 units changing hands and Supreme Ventures rallied 51 cents and ended at $25.07 in trading 271,964 stock units.
In the preference segment, Eppley 7.50% preference share popped 48 cents in closing at $6.13, with 94 shares crossing the market and Jamaica Public Service 7% gained $5.40 to end at $48 with traders dealing in 124 stocks.