Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with little change in the volume and value of stocks traded, compared with trading on Friday and ended with trading in 46 securities the same as 46 on Friday and ending with prices of 16 rising, 16 declining and 14 closing unchanged.
The market closed trading of 2,593,168 shares for $6,159,361 compared with 2,586,840 units at $6,170,873 on Friday.
Trading averaged 56,373 shares at $133,899, compared with 56,236 units at $134,149 on Friday with the month to date, averaging 174,223 units at $409,094 compared to 185,355 stocks at $435,088 on the previous trading day and February with an average of 253,246 units at $637,481.
Spur Tree Spices led trading with 976,508 shares for 37.7 percent of total volume that was followed by Fosrich with 370,030 units for 14.3 percent of the day’s trade and Image Plus with 156,521 units for 6 percent market share.
At the close of trading, the Junior Market Index dipped 9.91 points to close at 3,818.66.
The Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging lost 6 cents to $3.21 after a transfer of 11,622 units, Cargo Handlers popped 48 cents to close at $14.48 with 41 stocks passing through the market, Derrimon Trading advanced 10 cents in closing at $2 as investors exchanged 6,667 shares. Dolphin Cove skidded 6 cents to end at $19.89 in trading 1,680 stock units, Everything Fresh rose 6 cents to $1.60 after an exchanging of 3,087 shares, Image Plus rallied 6 cents to $1.95 with investors transferring 156,521 stock units. ISP Finance increased 95 cents to end at $31.50 in an exchange of 567 stocks, Jamaican Teas climbed 13 cents in closing at $2.53, with trading of 7,384 units, JFP Ltd gained 6 cents and ended at $1.38 with an exchange of 32,474 stocks. Lasco Distributors sank 9 cents to close at $4.50 after an exchange of 45,448 units, Lasco Manufacturing popped 8 cents to $5.30 with investors trading 3,742 shares, Limners and Bards dipped 17 cents to end at $1.63 in switching ownership of 20 stock units. Mailpac Group increased 8 cents in closing at $2.10 with traders dealing in 45,105 shares, Main Event fell 9 cents and ended at $14.49 in an exchange of 293 stock units, MFS Capital Partners climbed 10 cents to $1.90 with investors dealing in 5,001 stocks. ONE on ONE Educational rose 11 cents to end at 97 cents, with 57,648 units crossing the market, Regency Petroleum shed 6 cents to end at $2.16 while exchanging 28,514 stocks, Spur Tree Spices declined 14 cents in closing at $2.36 with a transfer of 976,508 shares. Tropical Battery dropped 10 cents to close at $2.15 after 63,054 units crossed the exchange and tTech gained 37 cents and ended at $2.43, with one stock unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push down Trinidad Exchange
Falling stocks dominated trading on the Trinidad and Tobago Stock Exchange on Monday, with trading 20 in securities compared with 17 on Friday and ending with prices of four stocks rising, eight declining and eight remaining unchanged following an 8 percent rise in the volume of stocks traded valued 54 percent less than on Friday.
The market closed trading of 464,708 shares for $1,869,078 compared to 430,514 stock units at $4,022,409 on Friday.
An average of 23,235 shares were traded at $93,454 compared with 25,324 units at $236,612 on Friday, with trading month to date averaging 17,818 shares at $214,555 compared with 17,284 units at $226,484 on the previous trading day and an average for February of 21,839 shares at $159,828.
The Composite Index declined 5.32 points to settle at 1,190.23, the All T&T Index dipped 8.78 points to conclude trading at 1,778.01, the SME Index remained unchanged at 77.95 and the Cross-Listed Index dipped 0.23 points to finish at 78.56.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s popped 50 cents to $68.50 with an exchange of 22 shares, Ansa Merchant Bank fell $2.25 and ended at $43.25 with an exchange of 90 units, Calypso Macro Investment Fund ended at $22.75, with four shares changing hands. First Citizens Group shed 50 cents to close at $49 with investors trading 2,755 stocks, FirstCaribbean International Bank ended at $7.05 with an exchange of 32,055 shares, GraceKennedy shed 5 cents to $3.90 with investors swapping 831 units. Guardian Holdings ended at $17.25 in switching ownership of 83 units, JMMB Group closed at $1.51 as investors exchanged 110,223 stocks, Massy Holdings slipped 1 cent to close at $4.39 after 16,262 units passed through the market. National Enterprises climbed 8 cents and ended at $3.90 with investors transferring 5,029 shares, National Flour Mills ended at $2, with 2,000 stock units crossing the market, NCB Financial dipped 1 cent to close at $3.20 with traders dealing in 288,855 stocks.
One Caribbean Media lost 15 cents to end at $3.70 after an exchange of 108 units, Point Lisas increased 28 cents in closing at $3.99 in trading 504 shares, Prestige Holdings remained at $11.20 after exchanging 887 stock units. Republic Financial skidded $1 to $119 with investors dealing in 2,241 stocks, Scotiabank dropped 50 cents and ended at $73, with 95 units clearing the market, Trinidad & Tobago NGL ended at $9 after trading 99 shares. Unilever Caribbean advanced 2 cents in closing at $11.17 with 1,520 stock units crossing the market and West Indian Tobacco ended at $9.35 after a transfer of 1,045 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rises on lower trades
Trading ended on the Jamaica Stock Exchange US dollar market on Friday, with a sharp 66 percent decline in the volume of stocks exchanged following 14 percent more money changed hands than on Thursday, resulting in trading in nine securities, compared to six on Thursday with prices of four rising, one declining and four ending unchanged.
The market closed with an exchange of 262,328 shares for US$19,513 compared to 771,589 units at US$17,159 on Thursday.
Trading averaged 29,148 units at US$2,168 versus 128,598 shares at US$2,860 on Thursday, with a month to date average of 74,934 shares at US$4,754 compared with 81,084 units at US$5,101 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index rose 5.05 points to close at 249.19.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden ended at 22 US cents while exchanging 383 units, First Rock Real Estate USD share remained at 4.5 US cents after 182,833 stocks passed through the market, Margaritaville lost 2 cents to close at 10 US cents after an exchange of 14,391 shares. Proven Investments ended at 15.1 US cents with 8,040 stock units clearing the market, Sygnus Credit Investments remained at 8.99 US cents with traders dealing in 5,539 shares, Sygnus Real Estate Finance USD share gained 3.67 cents to end at 10.49 US cents, with 1,191 units crossing the exchange and Transjamaican Highway popped 0.08 of a cent and ended at 2.19 US cents in switching ownership of 44,284 stocks.
In the preference segment, JMMB Group US8.5% preference share rallied 3.89 cents in closing at US$1.199 after an exchange of 5,650 stock units and Productive Business Solutions 9.25% preference share rose US$2 to end at US$12 with investors transferring 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on Trinidad Exchange
The volume of stocks traded rose 26 percent valued 19 percent below Thursday’s outturn on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 17 securities down from 22 on Thursday, ending with prices of seven stocks rising, three declining and seven remaining unchanged.
The market closed trading with an exchange of 430,514 shares on Friday for $4,022,409 compared with 340,338 stocks at $4,966,410 on Thursday.
An average of 25,324 shares were exchanged for $236,612 compared to 15,470 stock units at $225,746 on Thursday, with trading month to date averaging 17,284 shares at $226,484 compared to 16,549 units at $225,563 on the previous day and an average for February of 21,839 shares at $159,828.
The Composite Index advanced 3.92 points to 1,195.55, the All T&T Index climbed 7.66 points to settle at 1,786.79, the SME Index remained at 77.95 and the Cross-Listed Index slipped 0.01 points to close at 78.79.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Endeavour Holdings ended at $14.80 after 200 stocks changed hands, First Citizens Group popped 50 cents to close at $49.50 with an exchange of 670 stocks, FirstCaribbean International Bank remained at $7.05 in an exchange of 47,142 shares. GraceKennedy ended at $3.95 with investors dealing in 121,461 shares, Guardian Holdings ended unchanged at $17.25 after an exchange of 4,500 shares, JMMB Group slipped 1 cent to $1.51 in trading 22,881 units. Massy Holdings increased 2 cents in closing at $4.40 after 123,398 stocks were traded, National Enterprises fell 8 cents to end at $3.82 with an exchange of 3,477 stock units, National Flour Mills dipped 10 cents and ended at $2, with 873 shares crossing the market. One Caribbean Media popped 10 cents higher to close at $3.85 in an exchange of 72 stocks, Prestige Holdings rose 10 cents to $11.20 with investors transferring 10,338 units, Republic Financial remained at $120, with 7,241 stock units crossing the market. Scotiabank gained 50 cents to close at $73.50 while exchanging 15,777 shares, Trinidad & Tobago NGL rallied 5 cents in closing at $9 after an exchange of 25,664 stocks, Trinidad Cement ended at $2.80 with investors swapping 45,768 units. Unilever Caribbean ended at $11.15 after a transfer of 852 stock units and West Indian Tobacco advanced 4 cents to $9.35 with investors trading 200 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.