A big surge in trading on Monday, saw greater participation of stocks than usual, sending the volume of shares traded surging sharply higher by 866 percent and the value jumping 481 percent from Friday levels, at the close of the Jamaica Stock Exchange US dollar market, with rising stocks just outnumbering those falling.
Eight securities changed hands compared to seven on Friday, with four rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index rose 1.30 points to end at 197.73. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 331,087 shares traded for US$33,143 compared to 34,284 units at US$5,704 on Friday. Trading averaged 41,386 units at US$4,143, compared to 4,898 shares at US$815 on Friday and month to date averages 80,762 at US$9,393 versus 91,262 units at US$10,793 on Friday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and three stocks with lower offers.
At the close, First Rock Capital USD share popped 0.1 of a cent to end at 7 US cents with an exchange of 43,116 shares, Proven Investments gained 1.19 cents to finish at 23.99 US cents with a transfer of 23,969 stock units, Sygnus Credit Investments USD share advanced 0.89 of a cent to close at 12.97 US cents with 55,479 stocks changing hands. Sygnus Real Estate Finance US share declined by 1 cent to15 US cents with investors switching ownership of 20 units while Transjamaican Highway shed 0.05 of a cent to finish at 0.79 US cents with 200,000 shares crossing the exchange.
In the preference segment, Equityline Mortgage Investment fell 9.9 cents to close at US$1.90 with 73 shares traded, JMMB Group 5.75% climbed 3 cents to US$2.05 with a transfer of 6,730 stocks and JMMB Group 6% ended at US$1.05 with 1,700 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with seven securities changing hands, compared to seven on Thursday with prices of two rising, one declining and four ending unchanged.
At the close, First Rock Capital US share traded 1,527 shares at 6.9 US cents, Productive Business Solutions gained 3 cents to end at 98 US cents with 11 units clearing the market, Proven Investments ended at 22.8 US cents, with 12,237 stocks changing hands. Sygnus Credit Investments US$ share shed 0.9 of a cent to close at 12.08 US cents after trading 20,232 stock units, Sygnus Real Estate Finance USD share advanced 1 cent in closing at 16 US cents after an exchange of 26 units.
The All Jamaican Composite Index declined 496.38 points to 442,782.78, the JSE Main Index rallied 522.37 points to 402,122.99 and the JSE Financial Index gained 0.28 points to end at 97.75.
Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
Salada Foods rose 73 cents in closing at $7.48 after 62,505 units changed hands, Scotia Group slipped 40 cents to $36 with the swapping of 798,805 stocks, Seprod gained 25 cents to settle at $63.50 in exchanging 20,477 stock units. Stanley Motta lost 44 cents in ending at $5.10 with 30,000 shares crossing the market, Sygnus Credit Investments shed 46 cents to end at $18.05 in switching ownership of 115,748 stocks, Sygnus Real Estate Finance fell 50 cents to $18 in trading 2,289 shares.
The All Jamaican Composite Index dropped 1,775.99 points to settle at 443,279.16 after the market opened at just over 445,891, the JSE Main Index shed 1,470.55 points to 401,600.62 and the JSE Financial Index lost 0.68 points to end at 97.47.
Trading averages 237,535 units at $3,648,026, compared to 165,974 shares a $1,738,591 on Wednesday and month to date, an average of 271,242 units at $2,691,636, compared to 282,402 units at $2,374,994 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
NCB Financial dropped $5.89 to $125 in trading 118,380 stocks, PanJam Investment popped $1 to $64 after exchanging 10,452 stock units, Proven Investments rose 45 cents to $33 with the swapping of 11,026 stocks, Sagicor Group declined $2.99 to close at $53.01 in switching ownership of 8,069 stock units. Seprod shed 69 cents to end at $63.25 in transferring 1,744 shares, Supreme Ventures gained 49 cents to end at $17.99 after trading 7,153,341 units, Sygnus Credit Investments popped 51 cents to $18.51 with an exchange of 188,476 shares, Sygnus Real Estate Finance gained 49 cents in closing at $18.50 trading 11,052 stocks and VM Investments advanced 44 cents to $6.19 in exchanging 50,688 stock units.
Six securities traded on Wednesday compared to five on Tuesday, with prices of three rising, one declining and two ending unchanged.
At the close, First Rock Capital US rose 0.01 of a cent to finish at 7 US cents with 469,000 shares traded, Proven Investments lost 0.99 of a cent to settle at 23 US cents with 1,018,190 stock units changing hands, Sterling Investments ended unchanged at 2.09 US cents with 27 stocks passing through the market. Sygnus Real Estate Finance USD share increased by 1 cent to 15 US cents with a transfer of 568 units and Transjamaican Highway rallied 0.13 of a cent to close at 0.88 of a US cent with 11,193 shares crossing the exchange.
The All Jamaican Composite Index rose 1,026.18 points to 445,055.15, the JSE Main Index rose 582.88 points to 403,071.17 and the JSE Financial Index gained 0.73 points to end at 98.15.
Trading averages 165,974 shares at $1,738,591 versus 160,698 shares at $2,001,270 on Tuesday and month to date, an average of 282,402 units at $2,374,994 compared to 340,028 units at $2,689,981 on Tuesday. October averaged 251,350 units at $2,773,208.
NCB Financial climbed $4.39 to $130.89 with the swapping of 378,991 stocks, Proven Investments advanced $1.34 to close at $32.55 in trading 4,644 units, Sagicor Group increased $3 to $56 with 9,039 shares changing hands. Scotia Group popped 69 cents to end at $36.49 after 10,433 units crossed the market, Supreme Ventures fell 50 cents to $17.50 in trading 36,986 stock units, Victoria Mutual Investments lost 52 cents in closing at $5.75 after exchanging 147,743 units and Wisynco Group dipped 35 cents to $15.80 with 92,947 stocks clearing the market.
Market activity plunged on Tuesday, with the volume of shares trading declining 71 percent, with the value dipping 45 percent lower than on Monday, at the close of the Jamaica Stock Exchange Main Market. Trading ended, with rising stocks were just edged out by those declining, but the market closed with a strong bullish signal for Wednesday, as shown by the Investor’s Choice bid-offer indicator below. 
Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and two with lower offers.
Seprod picked up 25 cents to finish at $63.95 with 7,044 stocks crossing the market, Supreme Ventures popped 25 cents to $18 with 10,361 stock units changing hands, Victoria Mutual Investments rose 60 cents to $6.27 in trading 72,519 shares and Wisynco Group lost 30 cents to settle at $16.15 after an exchange of 49,323 units.
Trading ended with 52 securities compared to 47 on Friday, with 23 rising, 20 declining and nine ending unchanged. The All Jamaican Composite Index slid 1,513.58 points to settle at 446,185.80, the Main Index fell 1,121.73 points to 402,843.29 and the JSE Financial Index lost 0.30 points to end at 97.43.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
Palace Amusement dropped $60 to $955 in switching ownership of 8 stocks, PanJam Investment popped 50 cents to close at $65 with the swapping of 14,469 shares, Portland JSX lost 50 cents to settle at $7.50 after 1,045 stock units crossed the exchange. Proven Investments dipped 34 cents to close at $33.01 after transferring 84,505 units after hitting a 52 weeks’ intraday low of $30, Sagicor Group declined $4.25 in closing at $53.75 trading 9,821 stocks, Scotia Group gained 50 cents to settle at $36 in trading 14,076 stock units. Seprod fell 25 cents to $63.70, with 3,633 stocks clearing the market, Stanley Motta rose 92 cents to end at $5.84 with 16,403 shares changing hands and Sygnus Real Estate Finance lost 25 cents to close at $18 in exchanging 1,000 units.
Trading ended with five securities changing hands, compared to six on Friday, with prices of two rising, two declining and one ending unchanged.
First Rock Capital US share remained unchanged at 7 US cents with a transfer of 808 shares, Proven Investments rallied 1.69 cents to 23.9 US cents with 83,508 stock units traded, Sygnus Credit Investments USD share rose 0.19 of a cent to end at 12.99 US cents with investors switching ownership of 17,171 stocks. Sygnus Real Estate Finance USD share dropped 2.3 cents to 14 US cents with 1,300 units changing hands and Transjamaican Highway shed 0.15 of a cent to close at 0.8 of US cents with 829,162 shares crossing the exchange.
Trading ended with six securities changing hands, down from nine on Thursday with prices of five rising and one declining.
Productive Business Solutions rallied 21 cents to 95 US cents with 338 stock units changing hands, Proven Investments fell 0.79 of a cent to finish at 22.21 US cents with 19,800 stocks traded. Sygnus Credit Investments USD climbed 0.8 of a cent to close at 12.8 US cents with investors switching ownership of 2,053 units, Sygnus Real Estate Finance USD rose 0.3 of a cent to 16.3 US cents with a transfer of 501 stock units and Transjamaican Highway gained 0.08 of a cent to close at 0.95 of a US cent with 406,031 shares crossing the exchange.
