Following a session of increased trading on the Jamaica Stock Exchange US dollar market ended on Monday, the market closed with a 636 percent surge in the volume of stocks that were exchanged leading to a 2,773 percent jump in value over that on Friday and resulting in trading of nine securities, compared to eight on Friday with prices of five rising, two declining and two ending unchanged.
The market closed with an exchange of 147,490 shares for US$59,542 up sharply from 20,041 units at US$2,072 on Friday.
Trading averaged 16,388 units at US$6,616 versus 2,505 shares at US$259 on Friday, with a month to date average of 46,086 shares at US$2,947 compared with 52,768 units at US$2,122 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 0.97 points to close trading at 223.09.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, AS Bryden slipped 0.49 of a cent and ended at 22 US cents with traders dealing in 227 shares, Margaritaville gained 0.38 of one cent to 8.88 US cents, with 13,240 stocks changing hands, Productive Business Solutions ended at US$1.275 with investors swapping 3 shares. Proven Investments popped 0.08 of a cent to 13.08 US cents after 4,240 stock units crossed the market, Sterling Investments ended at 1.54 US cents as investors exchanged 4 shares,
Sygnus Credit Investments rallied 0.4 of a cent to end at 8.4 US cents and closed with the trading of 100,447 units and Transjamaican Highway rose 0.07 of a cent in closing at 2.12 US cents in switching ownership of 7,747 stocks.
In the preference segment, JMMB Group US8.5% preference share lost 1 cent to end at US$1.28 after trading 19,242 stock units and Sygnus Credit Investments E8.5% climbed 70 cents to close at US$11 with 2,340 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Surge in trading on the JSE USD Market
Trading plunged on the JSE USD market
The Jamaica Stock Exchange US dollar market closed on Friday after a sharp 92 percent drop in the volume of stocks that changed hands, with a 73 percent lower value than on Thursday, resulting in trading in eight securities, compared to seven on Thursday with prices of one rising, four declining and three ending unchanged.
The market closed with an exchange of 20,041 shares for US$2,072 compared to 238,919 units at US$7,681 on Thursday.
Trading averaged 2,505 units at US$259 versus 34,131 shares at US$1,097 on Thursday, with a month to date average of 52,768 shares at US$2,122 compared with 65,334 units at US$2,587 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index shed 0.14 points to cease trading at 224.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close of the market, AS Bryden ended at 22.49 US cents, with 832 stock units crossing the market, First Rock Real Estate USD share shed 0.26 of a cent and ended at 4.74 US cents with investors dealing in 997 shares, Margaritaville lost 0.38 of one cent to end at 8.5 US cents, with 24 units clearing the market.
Productive Business Solutions remained at US$1.275 with an exchange of 369 stocks, Sterling Investments sank 0.01 of a cent to 1.54 US cents, with 8,010 shares crossing the market, Sygnus Credit Investments skidded 1 cent to finish at 8 US cents in switching ownership of 126 stocks and Transjamaican Highway remained at 2.05 US cents, with 9,583 stocks crossing the exchange.
In the preference segment, Sygnus Credit Investments E8.5% climbed 25 cents to close at US$10.30 with investors transferring 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Thursday, with a 57 percent drop in the volume of stocks changing hands, with a 45 percent decline in value from Wednesday, resulting in trading in seven securities, compared to seven on Wednesday with prices of one rising, three declining and three ending unchanged.
The market closed with an exchange of 238,919 shares for US$7,681, down from 552,161 units at US$14,011, on Wednesday.
Trading averaged 34,131 units at US$1,097 versus 78,880 shares at US$2,002 on Wednesday, with a month to date average of 65,334 shares at US$2,587 compared with 74,070 units at US$3,004 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index advanced 2.43 points to wrap up trading at 224.19 to trade in negative territory for the year to date after being positive for most of the year to the end of May.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio is 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 two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden remained at 22.49 US cents with a transfer of 5,477 shares,
Margaritaville dropped 1.1 cents in closing at 8.88 US cents, with 2,501 units crossing the exchange, MPC Caribbean Clean Energy popped 3 cents to end at 64 US cents with investors dealing in 10 shares. Productive Business Solutions ended trading at US$1.275 after an exchange of 54 stocks, Proven Investments ended at 13 US cents with investors swapping 590 shares and Transjamaican Highway shed 0.09 of a cent to close at 2.05 US cents with 230,168 stock units changing hands.
In the preference segment, Sygnus Credit Investments E8.5% fell 25 cents to US$10.05 as investors exchanged 119 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 30,398,621 shares for $182,144,563 compared with 28,048,957 units at $98,812,380 on Friday.
The All Jamaican Composite Index slipped 3,400.86 points to 357,350.17, the JSE Main Index shed 2,739.68 points to 318,089.94 and the JSE Financial Index skidded 0.90 points to end the day at 68.02.
Jamaica Producers fell 53 cents and ended at $22.01 with 900,385 stocks clearing the market, Kingston Properties dipped 48 cents to $8 after a transfer of 11,968 units, Margaritaville dropped $1.65 to close at $14.30 in switching ownership of 3,753 shares. NCB Financial shed $1 to finish at $61.90 after an exchange of 28,435 stock units, Proven Investments sank $2.44 in closing at $18.55 with investors swapping 6,750 stocks, Sagicor Group popped $1.98 to end at $41.98, with 8,580 units crossing the market. Scotia Group advanced 34 cents in closing at $44.75 with an exchange of 540,060 shares, Seprod lost $1 to end at $79 and closed with an exchange of 100,666 units and Stanley Motta skidded 30 cents to close at $7 in an exchange of 1,616 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index dropped 2,762.38 points to 330,571.24, the All Jamaican Composite Index dived 3,400.86 points to 357,350.17, the JSE Main Index sank 2,739.68 points to 318,089.94. The Junior Market Index lost 19.53 points to conclude trading at 3,679.53 and the JSE USD Market Index dipped 0.93 points to wrap up trading at 223.12.
In Junior Market trading, JFP Ltd led trading with 981,369 shares followed by Express Catering with 676,059 units and Derrimon Trading with 495,470 shares.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
The market closed with 28,048,957 shares being traded for $98,812,380 compared with 11,839,057 units at $36,250,961 on Thursday.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
JMMB Group rose 49 cents and ended at $25.49, with 17,973 units changing hands, Kingston Properties rose 48 cents to close at $8.48 after 62,979 stocks were traded, Pan Jamaica sank $1.19 to $50 in switching ownership of 11 units. Proven Investments popped $1.04 in closing at $20.99 with 1,809 shares clearing the market, Sagicor Group dipped $1 to $40 with investors dealing in 2,363 stock units and Stanley Motta gained $1.19 to close at $7.30 after a transfer of 19 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index dropped 1,091.82 points to 333,333.62, the All Jamaican Composite Index popped 409.02 points to 360,751.03, the JSE Main Index sank 854.79 points to 320,829.62. The Junior Market fell 39.08 points to 3,699.06 and the JSE USD Market Index dipped 0.14 points to close at 224.05.
In the preference segment, Sygnus Credit Investments C10.5% increased $5 and ended at $115.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
On Thursday, the market closed with 11,839,057 shares being traded at $36,250,961 compared to 7,896,278 units at $62,829,037, previously.
The Main Market ended trading with an average PE Ratio of 13.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Kingston Wharves dipped 40 cents to $26 in an exchange of 6,182 stocks, Margaritaville advanced $1.45 to end at $15.95 with 1,013 units clearing the market, Sagicor Group gained $1 in closing at $41 after an exchange of 10,102 stocks. Seprod increased $2 to close at $80 in trading 21 units, Supreme Ventures popped 30 cents and ended at $23 after exchanging 40,316 shares and Wisynco Group sank 38 cents to finish at $21 with investors swapping 22,617 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index bounced 2,437.84 points to 334,425.44, the All Jamaican Composite Index jumped 2,623.72 points to 360,342.01, the JSE Main Index climbed 2,321.13 points to 321,684.41. The Junior Market Index popped 30.53 points to conclude trading at 3,738.14 and the JSE USD Market Index rose 2.43 points to wrap-up trading at 224.19.
In the preference segment, Jamaica Public Service 7% advanced $3.50 to $45.
The net asset value of each company is reported as a guide for investors to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
The market closed with trading of 7,896,278 shares for $62,829,037 up from 6,312,177 units at $49,633,997 on Tuesday.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four with lower offers.
MPC Caribbean Clean Energy slipped $3 to $92 with a transfer of 100 shares, Pan Jamaica advanced $1.40 and ended at $51.30, with 125 stocks crossing the exchange, Scotia Group rose 50 cents in closing at $44.40 with traders dealing in 360,975 units, ahead of second quarter results due out on Thursday along with a dividend announcement. Seprod fell $1.40 to close at $78 in an exchange of 6,468 stock units, Stanley Motta skidded $1.34 to finish at $6.11 with 2,847 shares crossing the market and Supreme Ventures sank 30 cents to end at $22.70 after a transfer of 133,409 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.