Trading ended with the index slipping 3.44 points to end at 194.57 despite 23 percent more shares being traded on Friday than Thursday as investors exchanged 87 percent more money on the Jamaica Stock Exchange US dollar market as declining stocks just edged out those rising.
Trading ended with eight securities changing hands, compared to five on Thursday, with prices of two rising, three declining and three ending unchanged.
The PE Ratio, a measure that is used in computing appropriate stock values, averages 11.9. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending this year and up to July 2022.
Overall, 47,580 shares traded for US$13,316, versus 38,735 units at US$7,119 on Thursday. Trading averaged 5,948 units at US$1,665 compared to 7,747 shares at US$1,424 on Thursday and the month to date averages 56,518 at US$4,969 down from 61,168 units at US$5,273 on Thursday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital US share declined by half a cent to 6.5 US cents with 9,364 shares changing hands, Margaritaville rose 0.4 of a cent to end at 9.4 US cents with an exchange of 8 stocks, Proven Investments remained at 23 US cents with 20,095 units changing hands. Sygnus Credit Investments USD settled at 12.65 US cents with investors switching ownership of 2,140 stock units, Sygnus Real Estate Finance USD share popped 1.35 cents to close at 15.85 US cents with 11,599 shares traded and Transjamaican Highway fell 0.05 of a cent to 0.9 US cents with 351 units crossing the exchange.
In the preference segment, JMMB Group 5.75% ended at US$2.02 with a transfer of 39 stocks and JMMB Group 5.75% dropped 22.5 cents to US$1.50 with 3,984 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE US dollar market falters on Friday
TTSE volume rises market falls
Trading picked up Friday and resulted in 48 percent more shares, worth 55 percent more passing through the Trinidad and Tobago Stock Exchange market than Thursday and ending with an equal number of stocks rising and falling at the close of trading.
Fifteen securities traded compared to 14 on Thursday, with four rising, four declining and seven remaining unchanged. The Composite Index dropped 4.43 points to 1,418.54, the All T&T Index lost 8.56 points to settle at 1,928.22 and the Cross-Listed Index remained at 122.37.
Trading amassed 127,973 shares valued at $3,782,974 compared to 86,732 stock units at $2,133,308 on Thursday.
Trading averaged 8,532 units at $252,198 versus 6,195 at $152,379 on Thursday and month to date averaging 29,347 units at $272,331 versus 30,503 units at $273,449. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings ended at $17.08, with an exchange of 506 shares, Ansa McAl advanced 37 cents to close at $57.50, trading 303 units, Clico Investment Fund traded 1,075 stocks at $26.79. First Citizens Group closed at $50.70, with 1,388 stock units crossing the market, Guardian Holdings fell $1.88 to $30.12 with the swapping of 3,990 shares, Massy Holdings ended at $85, with 18,089 stock units changing hands. National Enterprises remained at $3.25 after 12,328 stocks crossed the market, NCB Financial Group traded 45,576 units at $8.15, Point Lisas remained at $3 in exchanging 10,000 stocks. Prestige Holdings dipped 1 cent to $7 after trading 1,200 stock units, Republic Financial Holdings shed 3 cents ending at $135.70, with 5,571 units crossing the exchange, Scotiabank spiked 90 cents to $62 after exchanging 4,259 shares. Trinidad & Tobago NGL gained 29 cents in closing at $18.79 after trading 9,688 stocks, Trinidad Cement declined 15 cents to end at $4.05 with an exchange of 2,600 units and West Indian Tobacco climbed 35 cents to close at $30.95 in switching ownership of 11,400 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Strong bounce for JSE US dollar market
A sharp bounce on Thursday saw the Jamaica Stock Exchange US dollar market recordings a sizable rise in the market index as more stocks rose than fell after trading resulted in 79 percent lower value and volume, respectively, than on Wednesday.
Trading ended with five securities changing hands, the same as on Wednesday, with the prices of three rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index jumped 8.41 points to 197.99 and lifted the market from a rise of 1.8 percent for the year to Wednesday to 6.3 percent on Thursday.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1.
The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending this year and July 2022.
Overall, 38,735 shares traded for US$7,119 compared to 181,322 units at US$34,276 on Wednesday. Trading averaged 7,747 units at US$1,424 versus 36,264 shares at US$6,855 on Wednesday and the month to date averages 61,168 at US$5,273 versus 64,425 units at US$5,508 on Wednesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows no stock closing with a bid higher than the last selling price and two with lower offers.
In trading, First Rock Capital US rose 0.35 of a cent to 7 US cents with 715 shares changing hands, Productive Business Solutions rallied 18.5 cents to end at 92 US cents with a transfer of six units, Proven Investments declined by 0.1 of a cent to settle at 23 US cents with 27,377 stock units changing hands. Sterling Investments remained at 2.09 US cents with 7,688 stocks passing through the market and Sygnus Credit Investments USD climbed1.65 cents to 12.65 US cents with 2,949 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops prices rise on TTSE
Market activity dived Thursday after 84 percent fewer shares traded with an 81 percent fall in the value compared to Wednesday and resulted in more stocks rising than falling at the close of the Trinidad and Tobago Stock Exchange.
Fourteen securities traded down from 22 on Wednesday, with five rising, three declining and six remaining unchanged.
The Composite Index slipped 1.13 points to 1,422.97, the All T&T Index shed 0.59 points to settle at 1,936.78 and the Cross-Listed Index lost 0.24 points to end at 122.37.
Overall, 86,732 shares traded for $2,133,738 compared to 557,432 units at $10,945,052 on Wednesday. Massy Holdings traded 10,618 shares for $902,530, followed by Clico Investment Fund, with 24,843 shares valued $656,429 and Scotiabank 2,854 shares for $175,928.
Trading averaged 6,195 shares at $152,379 compared to 25,338 at $497,502 on Wednesday and month to date an average of 30,503 units at $273,449 versus 31,832 units at $280,070. The average trade for September amounts to 36,606 units at $425,940.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s popped 50 cents to $24.50 in trading 2,400 shares, Clico Investment Fund remained at $26.79, with 24,843 stocks changing hands, First Citizen Group popped 5 cents to end at $50.70 after 100 units crossed the market. GraceKennedy closed at $6.30 with an exchange of 10,000 stock units, JMMB Group rallied 1 cent to $2.25 in trading 11,000 stock units, Massy Holding ended unchanged at $85 after exchanging 10,618 shares. National Enterprises traded 590 stocks at $3.25, National Flour rose 6 cents to $2 with the swapping of 10,000 units, NCB Financial Group rose 5 cents to $8.15 in an exchange of 5,987 units. Point Lisas remained at $3 with 1,025 shares changing hands, Republic Financial Holdings remained at $135.73 after 1,067 stock units passed through the exchange, Scotiabank dropped 90 cents to $61.10 in switching ownership of 2,854 stocks. Trinidad Cement shed 30 cents in ending at $4.20 after exchanging 6,148 units and West Indian Tobacco slipped 1 cent to $30.60 after exchanging 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slower JSE USD Market trading – Wednesday
On Wednesday, trading slowed sharply on the JSE US dollar market with the volume and value of shares exchanged declined by 88 percent and 58 percent, respectively, from Tuesday’s trading levels and ended stocks falling stocks just edging out those rising.
Five securities changed hands comedown from nine on Tuesday with prices of two stocks rising and three declining.
The JSE US Denominated Equities Index lost 0.47 points to end at 189.58. The PE Ratio, a measure that computes appropriate stock values, averages 11.4. The PE ratio of each stock is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to July 2022.
Overall, 181,322 shares traded, for US$34,276 down from 1,547,372 units at US$81,033 on Tuesday. Trading averaged 36,264 units at US$6,855, down from 171,930 shares at US$9,004 on Tuesday and the month to date averages 64,425 at US$5,508 versus 66,254 units at US$5,420 on Tuesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
In trading, First Rock Capital USD fell 0.35 of a cent to end at 6.65 US cents with 8,230 shares passing through the market, Proven Investments lost 0.01 of a cent to settle at 23.1 US cents with 81,610 units traded, Sygnus Credit Investments USD share dipped 2 cents to 11 US cents with a transfer of 85,021 stock units and Transjamaican Highway rose 0.14 of a cent to finish at 0.95 US cents with 944 stocks crossing the exchange.
In the preference segment, JMMB Group 6% inched one cent up to close at US$1.05 with 5,517 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.