Huge surge in trading on JSE USD market

November 21, 2024 by
Market activity ended with a huge surge in trading on the Jamaica Stock Exchange US dollar market on Thursday with stocks changing hands leaping 2,701 percent higher at an 825 percent greater value than on Wednesday, resulting in the exchange of nine securities, compared to seven on Wednesday with prices of three rising, three declining and three ending unchanged.

The market closed with a huge exchange of 16,925,886 shares for US$433,335 well above 604,241 stocks that traded at US$46,865 on Wednesday. Trading ended with an average of 1,880,654 shares at US$48,148 up from 86,320 stocks at US$6,695 on Wednesday, with a month to date average of 229,401 units at US$10,798 compared with 97,886 stocks at US$7,824 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index lost 6.66 points to end the day at 240.16. The 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.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share remained at 2.99 US cents with 1 stock unit traded, MPC Caribbean Clean Energy ended at 54 US cents with 50 shares switching owners, Productive Business Solutions remained at US$1.77 with 5 units crossing the exchange. Proven Investments rallied 0.75 of one cent to 10 US cents with 99,000 stocks being traded, Sygnus Credit Investments skidded 0.23 of one cent to finish at 6.77 US cents in an exchange of 73 shares, Sygnus Real Estate Finance USD share fell 1.2 cents to close at a 52 weeks’ low of 3.8 US cents with investors swapping 3,834 stocks and Transjamaican Highway slipped 0.04 of one cent to 2.71 US cents with an exchange of 16,822,836 units.

In the preference segment, Productive Business Solutions 9.25% preference share increased 99.9 cents to end at US$10 with 84 stock units clearing the market and Sygnus Credit Investments E8.5% climbed 10 cents to US$10.10 as investors exchanged just 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading spiked on the JSE USD Market

November 20, 2024 by
Trading spiked on the Jamaica Stock Exchange US dollar market on Wednesday, with a 389 percent surge in the volume of stocks traded as then climbed 233 percent over that on Tuesday, resulting in the exchange of seven securities, compared with eight, with the price of only one rising, four declining and two ending unchanged.

The market closed with an exchange of 604,241 shares for US$46,707 compared to 123,521 stocks at US$14,086 on Tuesday.
Trading ended with an average of 86,320 shares at US$6,672 compared to 15,440 stocks at US$1,761 on Tuesday, with a month to date average of 97,886 units at US$7,824 compared with 98,650 stocks at US$7,898 on the previous day and October with an average of 426,617 stock units for US$11,189.
The US Denominated Equities Index declined 2.91 points to close at 245.83. The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share slipped 0.01 of a cent to end at a 52 weeks’ low of 2.99 US cents with 1,309 units switching owners, Proven Investments lost 1.85 cents in ending at 9.25 US cents with 272,343 stocks traded, Sygnus Real Estate Finance USD share ended at 5 US cents with 26,118 shares clearing the market and Transjamaican Highway slipped 0.13 of one cent to end at 2.75 US cents with a transfer of 302,611 stock units.                      In the preference segment, JMMB Group 5.5% remained at US$1.90 with a mere 15 shares crossing the market, JMMB Group 5.75% sank 30 cents to close at US$1.80 in an exchange of 832 stocks and Productive Business Solutions 9.25% preference share advanced 0.1 of one cent to US$9.001 with investors dealing in 1,013 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Big bounce for the JSE US$ market

November 18, 2024 by
Trading surged at the close of the Jamaica Stock Exchange US dollar market with the volumes of stocks trading on Monday surging 910 percent with a 1,812 percent greater value than Friday, following an exchange of 10 securities, up from six on Friday with prices of four rising, four declining and two ending unchanged.

The market closed with an exchange of 4,993,262 shares costing US$460,060 compared with 494,374 stock units at US$24,068 on Friday.
Trading averaged 499,326 shares at US$46,006 up from 82,396 stocks at US$4,011 on Friday. Trading for the month to date average 105,442 units at US$8,399 compared with 60,683 stocks at US$4,126 on the previous day and October with an average of 426,617 units for US$11,189.
The US Denominated Equities Index rallied 3.32 points to close at 227.32. The Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and just one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of market activity, Margaritaville sank 0.54 of one cent to close at 8.45 US cents in an exchange of 42 stocks, Productive Business Solutions ended at US$1.46 and closed with 44 units changing hands, Proven Investments remained at 11.1 US cents with 4,406,357 shares switching owners. Sterling Investments shed 0.15 of one cent and ended at 1.4 US cents as investors exchanged 6,878 stock units, Sygnus Credit Investments lost 0.01 of one cent to end at 6.97 US cents with a transfer of 5,000 shares, Sygnus Real Estate Finance USD share advanced 0.01 of a cent in closing at 5 US cents with 52,355 stocks crossing the exchange and Transjamaican Highway rose 0.15 of a cent to 2.55 US cents with investors dealing in 522,091 units.

In the preference segment, JMMB Group 5.75% gained 12 cents to US$2.10 in an exchange of 226 stock units, Productive Business Solutions 9.25% preference share popped US$1 to end at US$10.50 but only after hitting a 52 weeks’ intraday low of $9 with investors trading 266 shares and Sygnus Credit Investments E8.5% dipped 90 cents to close at US$10 with an exchange of a mere 3 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading on JSE USD market drops back

November 14, 2024 by
Trading plunged on the Jamaica Stock Exchange US dollar market on Thursday, with a 92 percent drop in the volume of stocks traded having a 93 percent lower value than on Wednesday, resulting from an exchange of 10 securities, compared with nine on Wednesday and ended with prices of four rising, five declining and one ending unchanged.

A mere 283,206 shares were traded when the market closed for US$16,423 compared to 3,730,741 stock units for US$237,829 on Wednesday. Trading averaged 28,321 shares at US$1,642 compared to 414,527 stocks at US$26,425 on Wednesday, with a month to date average of 59,094 units at US$4,134 compared with 63,368 stocks at US$4,480 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index skidded 1.69 points to cease trading at 222.72. The 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.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.7. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share fell 0.06 of a cent to 3.01 US cents with investors trading 3,377 units, MPC Caribbean Clean Energy sank 5.01 cents to close at a 52 weeks’ low of 48 US cents after an exchange of 70 stocks, Proven Investments declined 0.03 of one cent to 11.1 US cents with 93,006 shares crossing the market.  Sterling Investments lost 0.15 of one cent to end at 1.55 US cents after a transfer of 11,245 stock units, Sygnus Credit Investments rose 0.46 of a cent and ended at 6.98 US cents as 2,000 shares crossed the market, Sygnus Real Estate Finance USD share gained 0.99 of a cent to finish at at a 52 weeks’ low of 4.99 US cents after an exchange of 37,117 stock units and Transjamaican Highway ended at 2.38 US cents with investors swapping 135,905 shares.

In the preference segment, JMMB Group 5.5% skidded 14.99 cents to US$1.90 with 236 stock switching owners, JMMB Group 5.75% popped 18 cents to close at US$1.98 with investors dealing in 249 shares and Sygnus Credit Investments US 8% increased 96 cents to US$10.36 with a mere one unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

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Huge surge in trading on JSE USD market

November 13, 2024 by
Stocks delivered a huge surge value and volume on Wednesday at the close of the Jamaica Stock Exchange USD market, with the volume rocketing 3,900 percent higher than Tuesday, with the value ballooning 5,159 percent, resulting from trading in nine securities, up from eight on Tuesday, with prices of five rising and four declining.

The market closed with an exchange of 3,730,741 shares for US$237,829 compared to 93,280 stocks at US$4,522 on Tuesday.
Trading averaged 414,527 shares at US$26,425 compared to 11,660 stocks at US$565 on Tuesday, with a month to date average of 63,368 units at US$4,480 compared with 13,202 shares at US$1,345 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index skidded 19.87 points to finish at 223.47. The Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden shed 4.7 cents to close at 20.3 US cents after an exchange of just one share, Margaritaville increased 0.98 of a cent to finish at 8.99 US cents after closing with an exchange of 149 units, MPC Caribbean Clean Energy sank 14.06 cents and ended at 53.01 US cents with a transfer of 292 shares. Proven Investments skidded 2.76 cents to end at 11.13 US cents with 29,524 stocks crossing the market, Sterling Investments climbed 0.05 of a cent to close at 1.7 US cents with a transfer of a 100 shares, Sygnus Credit Investments popped 0.01 of a cent to close at 6.52 US cents with 3,503,734 units crossing the market. Sygnus Real Estate Finance USD share fell 1 cent to a 52 weeks’ low of 4 US cents with investors trading 2,030 stocks and Transjamaican Highway rallied 0.03 of a cent to close at 2.38 US cents 94,798 stock units crossed the exchange.

In the preference segment, Sygnus Credit Investments E8.5% rose US$1 and ended at US$11 with investors swapping 113 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading gains for JSE USD market

November 12, 2024 by
The Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks traded rising 290 percent with a 36 percent greater value than on Monday, resulting in exchange of eight securities, compared with 10 on Monday with prices of one rising, four declining and three ending unchanged.

The market closed with an exchange of 93,280 shares for US$4,522 up sharply from 23,932 stocks at US$3,328 on Monday. Trading averaged 11,660 shares at US$565 in contrast with 2,393 stocks at US$333 on Monday, with a month to date average of 13,202 units at US$1,345 compared with 13,427 stock units at US$1,458 on the previous day and October that ended with an average of 426,617 units for US$11,189.

The US Denominated Equities Index gained 4.44 points to end the day at 243.34. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, First Rock Real Estate USD share lost 0.43 of one cent and ended at 3.07 US cents in an exchange of 20,000 stocks, Margaritaville sank 0.98 of a cent to 8.01 US cents with investors trading 8 units, MPC Caribbean Clean Energy gained 6.1 cents to close at 67.07 US cents after an exchange of 736 shares. Proven Investments declined 0.06 of one cent to finish at 13.89 US cents with 400 units traded, Sygnus Credit Investments sank 0.49 of one cent to end at 6.51 US cents after a transfer of 27,698 shares, Sygnus Real Estate Finance USD share ended at 5 US cents after 16,750 stock units crossed the exchange with the price trading at a 52 weeks’ intraday low of 0.45 cents and Transjamaican Highway ended at 2.35 US cents with investors swapping 27,677 units. 

In the preference segment, Sygnus Credit Investments E8.5% remained at US$10 after an exchange of 11 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading plunged on the JSE US dollar market

November 11, 2024 by
Trading plunged on the Jamaica Stock Exchange US dollar market on Monday, with a 48 percent drop in the volume of stocks traded and having a 58 percent lower value than on Friday, following an exchange of 10 securities, up from only four on Friday and ending with no stock gaining, five declining and five ending unchanged.

The market closed with an exchange of 23,932 shares for US$3,328 compared to 45,633 stocks at US$7,963 on Friday.
Trading averaged 2,393 shares at US$333 compared to 11,408 stocks at US$1,991 on Friday, with a month to date average of 13,427 units at US$1,458 compared with 15,879 stocks at US$1,708 on the previous trading day an October that ended with an average of 426,617 shares for US$11,189.
The US Denominated Equities Index sank 7.54 points to wrap up trading at 238.90. The 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.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share sank 0.47 of one cent to close at 3.5 US cents after an exchange of 2,435 stocks, Margaritaville remained at 8.99 US cents, with 9 units clearing the market, Proven Investments dipped 0.85 of a cent to finish at 13.95 US cents with 11,716 shares switching owners. Sterling Investments sank 0.05 of a cent and ended at 1.65 US cents with 1,184 stock units crossing the market, Sygnus Credit Investments ended at 7 US cents with 200 shares changing hands, Sygnus Real Estate Finance USD share ended at 5 US cents with 2,778 stocks being traded and Transjamaican Highway shed 0.03 of one cent to 2.35 US cents with investors trading 5,068 units.                                                  In the preference segment, JMMB Group 5.75% remained at US$1.80, with 454 stock units crossing the exchange, Sygnus Credit Investments US 8% fell 60 cents to finish at US$9.40 with 80 shares changing hands and Sygnus Credit Investments E8.5% ended at US$10 with investors swapping 8 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading jumps on JSE USD Market

November 7, 2024 by
The Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded rising 34 percent with a 199 percent greater value than on Wednesday, resulting in exchange of nine securities, the same as Wednesday, with prices of three rising, two declining and four ending unchanged.

The market closed with an exchange of 200,050 shares for US$36,385 compared with 149,669 stocks at US$12,181 on Wednesday.
Trading averaged 22,228 shares at US$4,043 up from 16,630 stocks at US$1,353 on Wednesday. Trading for the month to date averages 16,315 units at US$1,681 above the 14,652 stocks at US$1,017 on the prior day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index advanced 6.16 points to finish at 241.51. The 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.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.4. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, Margaritaville remained at 8.99 US cents in an exchange of just one share, MPC Caribbean Clean Energy increased 7.96 cents to end at 60.97 US cents, with 32 units changing hands, Proven Investments climbed 1.19 cents in closing at 14 US cents after closing with an exchange of 26,971 shares. Sterling Investments ended at 1.7 US cents with 507 stocks crossing the market, Sygnus Real Estate Finance USD share ended at 5 US cents after an exchange of 26,213 shares and Transjamaican popped 0.21 of one cent and ended at 2.32 US cents with a transfer of 133,199 units.     

In the preference segment, JMMB Group US8.5% preference share remained at US$1.09 with 10,000 stocks crossing the exchange, JMMB Group 5.75% dropped 17.99 cents and ended at US$1.80 trading 1,687 stock units and Sygnus Credit Investments E8.5% shed 21 cents to close at US$10, with 1,440 shares crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Declining stocks descend on JSE USD Market

November 6, 2024 by
Falling stocks descended on the Jamaica Stock Exchange US dollar market in droves following an exchange of nine securities, up from eight on Tuesday with prices of two rising, six declining and one ending unchanged on Wednesday, resulting from a 201 percent rise in the volume of stocks traded values 25 percent more than on Tuesday. 

The market closed with an exchange of 149,669 shares for US$12,181 compared to 49,694 stocks at US$9,736 on Tuesday. Trading ended with an  average of 16,630 shares at US$1,353 compared with 6,212 stocks at US$1,217 on Tuesday, with a month to date average of 14,652 units at US$1,017 compared with 13,878 stocks at US$885 on the previous day and October that ended with an average of 426,617 shares for US$11,189.

The US Denominated Equities Index fell 1.81 points to 235.34. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.

At the close of trading, First Rock Real Estate USD share dipped 0.02 of a cent to close at 3.97 US cents in the trading of 554 stock units, Margaritaville slipped 0.01 of one cent to 8.99 US cents after an exchange of 354 shares, Proven Investments fell 0.19 of one cent in closing at 12.81 US cents with investors trading 1,024 units. Sygnus Credit Investments ended at 7 US cents after an exchange of 1,350 stocks, Sygnus Real Estate Finance USD share edged 0.09 of one cent lower to 5 US cents with investors trading 20,572 units and Transjamaican Highway declined 0.09 of a cent to end at 2.11 US cents after closing with 118,747 stock units changing hands. In the preference segment, JMMB Group US8.5% preference share shed 10 cents in closing at US$1.09 as investors exchanged 7,000 shares, Sygnus Credit Investments US 8% increased 77 cents to US$10 in switching ownership of 50 stock units and Sygnus Credit Investments E8.5% climbed 21 cents to close at US$10.21 with investors swapping 18 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Rising stocks push JSE USD Market higher

November 5, 2024 by
Rising stocks bettered those declining on the Jamaica Stock Exchange US dollar market on Tuesday, resulting from an exchange of eight securities on both Monday and Tuesday, with prices of five rising, two declining and one ending unchanged with the volume of stocks traded declining 78 percent with a 16 percent greater value than on Monday.

The market closed with an exchange of 49,694 shares for US$9,736 compared to 225,466 stocks at US$8,422 on Monday.
Trading averaged 6,212 shares at US$1,217 compared to 28,183 stocks at US$1,053 on Monday, with a month to date average of 13,878 units at US$885 compared with 17,966 stocks at US$708 on the previous day and October that ended with an average of 426,617 units for US$11,189.
The US Denominated Equities Index rallied 2.57 points to 237.15. The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close of trading, Margaritaville popped 0.01 of a cent in closing at 9 US cents with a transfer of 4,099 stocks, Proven Investments advanced 0.29 of one cent to 13 US cents with 10,515 units changing hands, Sterling Investments rose 0.12 of a cent and ended at 1.7 US cents after 5,000 shares passed through the market. Sygnus Credit Investments remained at 7 US cents in an exchange of 6,210 stock units, Sygnus Real Estate Finance USD share gained 0.19 of one cent to end at 5.09 US cents with 401 shares clearing the market and Transjamaican Highway rallied 0.12 of one cent to finish at 2.2 US cents with traders dealing in 19,216 units.

In the preference segment, JMMB Group US8.5% preference share slipped 1 cent to US$1.19 after an exchange of 4,003 stocks and Sygnus Credit Investments US 8% sank US$1.07 to end at US$9.23 with investors trading 250 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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