The Jamaica Stock Exchange US dollar market closed on Thursday, with an 80 percent rise in the volume of stocks traded with 106 percent more US dollars changing hands than on Wednesday, resulting in trading in five securities, down from nine on Wednesday with the price of one rising, three declining and one ending unchanged.
The market closed with an exchange of 148,890 shares for US$30,599 compared to 82,573 units at US$14,855 on Tuesday. Trading averaged 29,778 units at US$6,120 versus 9,175 shares at US$1,651 on Tuesday compared to April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index dropped 6.14 points to wrap up trading at 234.72.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents with 11,580 stock units crossing the market,
Productive Business Solutions declined 6 cents to US$1.53 in switching ownership of just two shares, Sygnus Credit Investments shed 0.4 of one cent to finish at 7.6 US cents with 4,925 stocks clearing the market and Transjamaican Highway fell 0.05 of a cent and ended at 2.1 US cents in trading 129,983 units.
In the preference segment, Sygnus Credit Investments E8.5% advanced 20 cents to close at US$10.40 after 2,400 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in trading but JSE USD market falls
Trading drops on JSE USD Market to close April
The Jamaica Stock Exchange US Dollar market ended on Tuesday, with the volume of stocks traded declining 28 percent with a 59 percent lower value than on Monday, resulting in trading in nine securities, compared to six on Monday with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 82,573 shares for US$14,855 compared to 113,936 units at US$36,355 on Monday.
Trading averaged 9,175 units at US$1,651 versus 18,989 shares for US$6,059 on Monday, with the month to date averaging 35,401 shares at US$2,453 compared with 36,886 units at US$2,499 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index increased 3.25 points to 240.86.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden remained at 22.49 US cents with 40,016 shares crossing the exchange, Margaritaville ended at 10 US cents with 1,400 units changing hands, Proven Investments lost 0.67 of one cent to end at 14 US cents with investors trading 1,021 shares. Sterling Investments popped 0.1 of a cent in closing at 1.6 US cents after an exchange of 8,000 stocks,
Sygnus Credit Investments popped 0.5 of one cent in ending at 8 US cents with investors trading 21,605 shares and Transjamaican Highway gained 0.12 of a cent to finish at 2.15 US cents, with 10,194 stock units crossing the market.
In the preference segment, JMMB Group 5.75% ended at US$2 with traders dealing in 24 units, Productive Business Solutions 9.25% preference share declined 16 cents to end at US$11.05 after a transfer of 300 stocks and Sygnus Credit Investments E8.5% ended at US$10.20 with investors swapping 13 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No gains for JSE USD stocks
Stocks fell in trading on Monday with none rising and resulted in slippage in the Jamaican Stock Exchange US dollar market, with the volume of stocks exchanged dropping 23 percent after 70 percent more US dollars changed hands compared with Friday, resulting in trading in six securities, compared to eight on Friday with prices of none rising, three declining and three ending unchanged.
The market closed with an exchange of 113,936 shares for US$36,355 compared to 147,586 units at US$21,362 on Friday.
Trading averaged 18,989 units at US$6,059 versus 18,448 shares at US$2,670 on Friday, with a month to date average of 36,886 shares at US$2,499 compared with 37,587 units at US$2,359 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index lost 0.27 points to close trading at 237.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 22.49 US cents after exchanging 20,486 stock units, Sterling Investments dipped 0.1 of a cent to 1.5 US cents with 9,455 shares clearing the market,
Sygnus Credit Investments lost 1.29 cents to end at 7.5 US cents with an exchange of 76,267 units. Sygnus Real Estate Finance USD share dropped 0.2 of a cent in closing at 8.8 US cents, with 224 stocks crossing the market and Transjamaican Highway ended at 2.03 US cents in an exchange of 5,050 units.
In the preference segment, Sygnus Credit Investments E8.5% remained at US$10.20 with investors trading 2,454 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading in 17,557,651 shares for $62,870,817 compared with 17,048,881 units at $114,820,484 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.1. 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.
Kingston Wharves lost $1.85 to close at $26 with 28,671 units clearing the market, Massy Holdings declined by 89 cents to finish at $88.61 after an exchange of 229 stocks, Mayberry Group rose $1.55 to close at $8.89 with investors trading 184,475 shares. Pan Jamaica shed $1.01 to end at $49.99, with 22,567 units crossing the exchange, Proven Investments rallied $1.70 to close at $21.25 in switching ownership of 260 stocks, Scotia Group skidded 90 cents to close at $43 with traders dealing in 6,815 stock units. Seprod slipped $2.89 to $82.10 in an exchange of 5,130 shares and Stanley Motta popped $1.10 to finish at $7.20, with 519 stocks crossing the market.
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 popped 185.88 points to 335,667.69, the All Jamaican Composite Index climbed 1,210.71 points to 361,367.26, the JSE Main Index increased 415.26 points to 322,448.87. The Junior Market Index shed 30.45 points to close at 3,811.24 and the JSE USD Market Index sank 6.14 points to close at 234.72.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.90 on 2023-24 earnings and 13.6 times those for 2024-25 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The market closed with trading of 17,048,881 shares for $114,820,484 compared with 13,649,755 units at $80,716,595 on Monday.
The Main Market ended trading with an average PE Ratio of 13.2. 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.
Pan Jamaica popped $3 and ended at $51 with 139,090 stocks crossing the exchange, Proven Investments lost $1.74 to close at $19.55 with investors dealing in 4,206 units, Sagicor Group advanced $1.99 to finish at $42 in an exchange of 45,629 stock units. Sagicor Real Estate Fund rose 55 cents and ended at $8.05, with 109,893 shares passing through the market, Seprod rallied $1.99 to $84.99 and closed with an exchange of 63,171 stocks, Supreme Ventures gained $1.02 to end at $24.50 with 1,409,131 stocks clearing the market and Wisynco Group climbed 50 cents in closing at $21.80 with an exchange of 242,664 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 climbed by 1,789.14 points to 335,481.81, the All Jamaican Composite Index jumped 2,671.92 points to close trading at 360,156.55, while the JSE Main Index popped 1,606.70 points to 322,033.61. The Junior Market Index rallied by 35.72 points to wrap up trading at 3,841.69 and the JSE USD Market Index rose 3.25 points to close at 240.86.
In Junior Market trading, One Great Studio led trading with 7.89 million shares followed by ONE on ONE Educational with 1.69 million units, Future Energy closed with 1.48 million stocks, Spur Tree Spices ended with 1.46 million units, JFP Ltd chipped in with 1.23 million stock units and Fosrich with 1.07 million shares.
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
Trading ended with an exchange of 13,649,755 shares for $80,716,595 compared with 49,321,891 units at $163,817,114 on Friday.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and five with lower offers.
Lasco Manufacturing lost 32 cents to close at $5.22 in switching ownership of 5,377 stocks, Massy Holdings slipped 50 cents and ended at $89.50 after 141 stock units passed through the market, Mayberry Jamaican Equities rose 50 cents to finish at $10.50 in trading 17,312 stock units. NCB Financial skidded 52 cents to $63.97 after a transfer of 71,898 shares, Pan Jamaica fell $1.90 in closing at $48 while trading 3,590 units, Proven Investments rallied $1.29 to end at $21.29 in an exchange of 5,208 stocks. Scotia Group increased $2.45 and ended at $43.95, with 9,754 stock units crossing the market, Seprod gained $1 to finish at $83 in an exchange of 11,606 shares and Wisynco Group popped 30 cents to close at $21.30 with traders dealing in 15,550 stocks.
In the preference segment, Jamaica Public Service 7% climbed $6.50 to $49, with 72 units changing hands, 138 Student Living preference share skidded $32.70 to end at $185.30 with a transfer of 15 stock units and Sygnus Credit Investments C10.5% rose $1 in closing at $109 with investors dealing in 2,000 shares.
At the close of trading, the JSE Combined Market Index popped 1,106.58 points to 333,692.67,the All Jamaican Composite Index climbed 1,961.90 points to cease trading at 357,484.63, the JSE Main Index rose 975.37 points to 320,426.91. The Junior Market Index rallied 24.62 points to end at 3,805.97 and the JSE USD Market Index fell 0.27 points to cease trading at 237.61.
In the preference segment, Jamaica Public Service 7% climbed $6.50 to $4, 138 Student Living preference share skidded $32.70 to end at $185.30 and Sygnus Credit Investments C10.5% rose $1 in closing at $109.
Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
Trading closed with 49,321,891 shares for $163,817,114 up from 14,522,075 units at just $31,656,097 on Thursday.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
NCB Financial rose $3.49 in closing at $64.49, with 98,273 stocks crossing the exchange, Proven Investments gained 99 cents to end at $20 in trading 20,311 shares, Sagicor Group declined $1.39 to close at $40.01 after a transfer of 20,296 units. Scotia Group shed $1.50 to $41.50 with investors exchanging 275,364 shares, Seprod popped $2.01 to end at $82 in an exchange of 21,585 stocks, Stanley Motta gained 78 cents to close at $6.12 with investors trading 3,286 units. Sygnus Credit Investments climbed 41 cents to close at $10.81 after an exchange of 23,442 stock units and Wisynco Group advanced 48 cents and ended at $21 with investors dealing in 51,699 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.