Trading jumped on Thursday, with the volume of stocks traded surging 261 percent and the value climbing 280 percent higher than on Wednesday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 34 securities trading compared to 38 on Wednesday, ending with 10 rising, 18 declining and six unchanged. The Junior Market Index lost 20.92 points to 3,368.74.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. The PE ratio of each stock shown in the chart below is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
A total of 15,603,426 shares traded for $55,122,731 up from 4,318,106 units at $14,505,480 on Wednesday. Mailpac Group led trading with 9.79 million shares for 62.8 percent of total volume, followed by Jamaican Teas with 1.22 million units for 7.8 percent of the day’s trade and Lumber Depot 809,985 shares, with 5.2 percent market share.
Trading averaged 458,924 shares at $1,621,257 up from 113,634 units at $381,723 on Wednesday and month to date, averaging 413,716 units at $1,312,969 versus 410,995 shares at $1,294,418 on Wednesday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, Access Financial dropped 5 cents in closing at $20.95 with the swapping of 3,088 shares, CAC 2000 advanced 5 cents to $8.30 with an exchange of 1,579 stock units, Cargo Handlers declined 80 cents to $7 after trading 4,043 units. Caribbean Cream popped 10 cents to $5.90, with 800 stocks crossing the exchange, Caribbean Flavours fell 5 cents to close at $1.91 in switching ownership of 83,000 stocks, Express Catering shed 21 cents to end at $5.44, with 52,200 units crossing the market. Fontana lost 5 cents to close at $7.20 after 57,257 stock units changed hands, Honey Bun popped 8 cents to $9.23 trading 92,430 shares, ISP Finance lost $3.80 in closing at $38, with just 5 stock units crossing the market. Jamaican Teas gained 27 cents in ending at $4.02 after trading 1,215,849 units, Lasco Distributors shed 24 cents to $3.15 in an exchange of 42,572 stocks, Limners and Bards climbed 20 cents to $3.70 in trading 333,871 shares.Lumber Depot declined 12 cents in closing at $2.96, with 809,985 stock units clearing the market, Mailpac Group dropped 6 cents to end at $3.34 after exchanging 9,793,796 shares, Medical Disposables rose 45 cents to close at $6.50 after 82,174 units changed hands. Paramount Trading fell 14 cents to end at $1.10 while exchanging 18,000 stocks, SSL Venture increased 5 cents to 96 cents with 20,386 stocks changing hands and Stationery and Office Supplies rallied 54 cents to $6.04 while exchanging just 1,056 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stock prices tumble on JSE USD market
Trading picked up on Thursday and ended with the volume of shares changing hands jumping 678 percent more than on Wednesday with 200 percent higher value at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising and ended with slippage in the market index.
Six securities traded, compared to seven on Wednesday with prices of one rising and five declining. The JSE US Denominated Equities Index lost 4.72 points to end at 210.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
In closing, 303,241 shares traded at US$16,780 compared to 38,972 units at US$5,600 on Wednesday. Trading averaged 50,540 units at US$2,797, compared to 5,567 shares at US$800 on Wednesday and month to date an average of 389,610 shares at US$52,373 versus 414,420 units at US$56,001 on Wednesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows one stock ending with a higher bid than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share declined 0.98 of a cent in closing at 6 US cents after trading 21,501 shares, Margaritaville shed half a cent to close at 9.5 US cents with an exchange of 1,362 units, Proven Investments dropped 0.3 of a cent to end at 22.5 US cents after 57,950 stocks changed hands. Sterling Investments fell 0.01 of a cent ending at 2.09 US cents in an exchange of 10,000 stock units, Sygnus Credit Investments USD share increased 0.02 of a cent to 12.6 US cents with 2,428 stock units crossing the market and Transjamaican Highway lost 0.13 of a cent and ended at 0.71 US cents after exchanging 210,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops for Trinidad stocks
Market activity ended on Thursday resulting in some dribbling of stocks crossing the market after trading dropped 91 percent from less than on Wednesday, with 10 percent lower value as trading closed on the Trinidad and Tobago Stock Exchange, with slightly more stocks declining than rising.
At the close, 16 securities traded compared to 19 on Wednesday, with two stocks rising, three declining while 11 remained unchanged. The Composite Index climbed 5.43 points to 1,480.39, the All T&T Index advanced 8.92 points to 2,051.36 and the Cross-Listed Index advanced 0.24 points to settle at 121.85.
A total of 57,721 shares traded for $3,524,280 compared to 676,947 units at $3,916,887 on Wednesday. An average of 3,608 units traded at $220,267 against 35,629 at $206,327 on Wednesday, with trading month to date averaging 20,843 units at $271,986 versus 21,884 units at $260,327. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings jumped $2.25 to a 52 weeks’ high of $20 after exchanging 250 shares, Ansa McAl finished at $59.50 in trading 415 stocks, Ansa Merchant Bank exchanged 2,821 stock units at $43.10. Calypso Macro Investment Fund closed at $16.65 with 931 units changing hands, Clico Investment Fund ended at $30 with the swapping of 24,386 shares, FirstCaribbean International Bank traded 2,875 units unchanged at $6.15. GraceKennedy finished at $6.24, with 1,000 stock units crossing the market, Guardian Media fell 6 cents to $3.04 after trading 300 stocks, JMMB Group advanced 5 cents to $2.26 with 440 stock units changing hands. Massy Holdings dipped 1 cent in closing at $104.99, with 5,446 stocks crossing the market, National Enterprises finished at $3.25 after exchanging 300 shares, Prestige Holdings ended at $7 in trading 2,306 units. Republic Financial Holdings dropped 92 cents to close at $135.78 while exchanging 14,241 units, Scotiabank had an exchange of 710 stock units at $68.50, Unilever Caribbean finished at $16.20, with 300 stocks changing hands and West Indian Tobacco ended at $28.50, with 1,000 shares clearing the market.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market bounces on low volume
Trading ended on Wednesday with more securities participating in market activities than the prior day but that did not prevent the volume and values of shares changing hands to drop 98 percent respectively from the heightened levels on Tuesday at the close of the Jamaica Stock Exchange US dollar market, nor did it prevent the market index from rising.
Trading occurred in seven securities, up from four on Tuesday, with four rising, one declining, with two unchanged. The JSE US Denominated Equities Index rose 5.31 points to 214.80.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.8. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 38,972 shares traded for US$5,600 sharply down from 1,960,531 units at US$290,183 on Tuesday. Trading averaged 5,567 units at US$800, compared to 490,133 shares at US$72,546 on Tuesday and month to date an average of 414,420 shares at US$56,001 versus 452,580 units at US$61,153 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share rose 0.03 of a cent to close at 6.98 US cents in trading 8,000 shares, Proven Investments ended unchanged at 22.8 US cents after 21,301 units changed hands, Sterling Investments popped 0.2 of a cent to end at 2.1 US cents while exchanging 9,595 stock units. Sygnus Credit Investments USD share lost 0.02 of a cent in closing at 12.58 US cents with an exchange of 25 stocks, Sygnus Real Estate Finance USD share rallied 0.8 of a cent to 13.9 US cents trading 32 units and Transjamaican Highway advanced 0.13 of a cent ending at 0.84 of a US cents in an exchange of 2 stock units.
In the preference segment, Eppley 6% remained at 98 US cents with just 17 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad Stock Exchange slips on Wednesday
Stocks gave back some of Tuesday’s gains at the close of the Trinidad and Tobago Stock Exchange on Wednesday and resulted in an equal number of stocks rising and falling after trading 149 percent more shares passed through the market, with 28 percent higher value than on Tuesday.
At the close, 19 securities traded up from 18 on Tuesday, with four rising, four declining and 11 left unchanged. The Composite Index lost 4.47 points to 1,474.96, the All T&T Index declined 6.56 points to 2,042.44 and the Cross-Listed Index shed 0.31 points to settle at 121.61.
A total of 676,947 shares traded for $3,916,887 versus 272,106 units at $3,061,161 on Tuesday. An average of 35,629 units traded at $206,152 compared to 15,117 at $170,065 on Tuesday, with trading month to date averaging 21,884 units at $260,327 versus 20,822 units at $280,433. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings gained 14 cents in closing at $17.75 after trading just one share, Ansa McAl remained at $59.50, with 50 stock units crossing the market, Calypso Macro Investment Fund ended at $16.65 closed at 129 units. Clico Investment Fund ended at $30 after trading 2,423 stocks, First Citizens Group had an exchange of 383 units at $58.50, FirstCaribbean International Bank remained at $6.15 with the swapping of 9,535 stocks. GraceKennedy traded 95 shares at $6.24, JMMB Group slipped 1 cent to $2.21 in an exchange of 459,000 stock units, Massy Holdings remained at $105, with 8,336 stock units changing hands. National Enterprises ended at $3.25 after exchanging 40,364 stocks, National Flour Mills rallied 3 cents to $1.90 in swapping 148 shares, NCB Financial Group lost 1 cent to close at $8 trading 111,933 units. One Caribbean Media finished at $4.45 in trading 8,049 units, Republic Financial Holdings declined $1.30 to end at $136.70 with an exchange of 32 shares, Scotiabank dropped 50 cents to $68.50, with 3,260 stock units clearing the market. Trinidad & Tobago NGL popped 10 cents to end at $19 after 26,286 stocks crossed the exchange, Trinidad Cement rose 4 cents to $3.55 after exchanging 4,323 units, Unilever Caribbean remained at $16.20, with 1,100 stock units changing hands and West Indian Tobacco ended unchanged at $28.50 trading 1,500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big surge in JSE USD market trades
A surge in investors’ interest resulted in a huge jump in volume and value of trading on Tuesday and ended with the volume of shares changing hands rising 639 percent and the value shoring 6,106 percent higher than on Monday, at the close of the Jamaica Stock Exchange US dollar market.
Just four securities traded, down from six on Monday with three rising, none declining and one ending unchanged.
The JSE US Denominated Equities Index advanced 0.69 points to close at 209.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.4. The PE ratio uses earnings forecasts by ICInsider.com for each company, with the financial year ending up to August 2022.
Overall, 1,960,531 shares traded, for US$290,183 compared to 265,318 units at US$4,676 on Monday. Trading averaged 490,133 units at US$72,546, up from 44,220 shares at US$779 on Monday and month to date averages 452,580 shares at US$61,153 versus 450,464 units at US$60,511 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Margaritaville increased half of a cent to 10 US cents in switching ownership of 1,001 shares, Proven Investments rose 0.17 of one cent in ending at 22.8 US cents in exchanging 1,249,704 stocks, Sygnus Credit Investments USD share climbed half a cent to close at 12.6 US cents with an exchange of 990 units and Transjamaican Highway remained at 0.71 US cents in trading 708,836 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.