Sagicor Group ended with trading of 12.07 million shares with a value of $500 million and Jamaica Broilers with 12.1 million shares for $388 million and lifted trading to over $1.1 billion on the Main Market of the Jamaica Stock Exchange on Monday, with the volume of stocks traded rising 663 percent and the value 1,272 percent more than on Friday. As was the case on Friday trading ended with activity in 63 securities, with prices of 16 stocks rising, 25 declining and 22 ending unchanged.
The market closed on Monday with 35,464,663 shares being traded for $1,090,378,097 in comparison to just 4,649,405 units at $79,455,741 on Friday.
Trading averaged 562,931 shares at $17,307,589 up sharply from 73,800 units at $1,261,202 on Friday and month to date, an average of 812,889 stock units at $4,488,294, compared with 831,372 units at $3,540,388 on the prior trading day and March that ended with an average of 828,473 units at $2,341,254.
Jamaica Broilers led trading with 12.13 million shares for 34.2 percent of total volume followed by Sagicor Group with 12.07 million units for 34 percent of the day’s trade, Scotia Group chipped in with 3.05 million stocks for 8.6 percent market share, Wisynco Group ended with 2.56 million units for 7.2 percent share of the stocks traded, Wigton Windfarm closed with 1.84 million stock units for 5.2 percent of the trading and Transjamaican Highway with 1.15 million shares for 3.2 percent of total volume.
The All Jamaican Composite Index sank by 2,565.76 points to end trading at 356,312.39, the JSE Main Index dropped 3,787.12 points to 318,254.75 and the JSE Financial Index slipped by 0.42 points to end at 68.32.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden fell $6.38 to finish at $33.07 after trading of 441 stocks, Barita Investments rallied 70 cents to $71.85 in switching ownership of 313 units, Eppley Caribbean Property Fund rose $2.97 in closing at $39.99 after investors cleared the market of 7 shares. First Rock Real Estate dropped 89 cents to close at $8.11 with a transfer of 3,170 stock units, Jamaica Broilers sank $3.13 and ended at $30 with an exchange of 12,133,266 shares,
Kingston Properties dropped 32 cents to $7.75, with 4,939 stocks changing hands. Margaritaville rallied $1.27 in closing at $16.80 as investors exchanged 13 units, Massy Holdings shed $1 to end at $90 after 1,818 stock units crossed the market, Mayberry Group declined 91 cents to finish at $6.39 in an exchange of 5,013 shares. Mayberry Jamaican Equities popped 50 cents and ended at $10.50 with investors trading 104,857 units, MPC Caribbean Clean Energy lost $14 to close at $81 with an exchange of 101 stocks, Pan Jamaica popped $1 to end at $49 after 4,016 stock units passed through the market. Sagicor Group increased 31 cents to $41.45 after a transfer of 12,073,955 shares, Scotia Group skidded $1.88 to end at $43 with investors dealing in 3,046,756 units, Seprod dipped 50 cents in closing at $81.50 after an exchange of 1,582 stocks and Stanley Motta sank 85 cents and ended at $6.13 closed at 305 stock units.
In the preference segment, Jamaica Public Service 7% declined $7.50 to finish at $42.50 after exchanging 11 shares and 138 Student Living preference share advanced $7 to close at $218 with investors transferring 12 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big trading jump on the JSE USD Market
Trading jumped sharply on the Jamaica Stock Exchange US dollar market ended on Friday, with a huge 1,233 percent rise in the volume of stocks exchanged, with 794 percent greater value than on Thursday, resulting in trading in eight securities, down from 11 on Thursday with prices of four rising, two declining and two ending unchanged.
The market closed with an exchange of 880,808 shares for US$49,826 up sharply from 66,053 stock units at US$5,573 on Thursday.
Trading averaged 110,101 units at US$6,228 versus 6,005 shares at US$507 on Thursday, with a month to date average of 38,941 shares at US$2,417 compared with 33,620 units at US$2,132 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index declined 3.05 points to wrap-up trading at 237.70.
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 five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rose 0.52 of one cent in closing at 4.55 US cents as investors exchanged 14 stocks, Productive Business Solutions ended at US$1.59 and closed with an exchange of 4 units, Proven Investments ended at 14 US cents as investors traded 113,267 shares.
Sterling Investments climbed 0.19 of a cent and ended at 1.7 US cents after 25,375 stock units passed through the market, Sygnus Credit Investments declined 0.02 of a cent to end at 7.97 US cents after a transfer of 4,488 shares and Transjamaican Highway lost 0.18 of a cent to close at 2 US cents, with 726,047 stocks crossing the market.
In the preference segment, JMMB Group US8.5% preference share popped 1 cent to US$1.20 with a transfer of 11,224 units and Productive Business Solutions 9.25% preference share gained 20 cents and ended at US$11.20, with 389 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading spreads on JSE USD Market
Investors participated in a wide selection of stocks in trading on the Jamaica Stock Exchange US dollar market on Thursday, resulting in trading in 11 securities, compared to 10 on Wednesday with prices of three rising, four declining and four ending unchanged, with the volume of stocks traded declining 93 percent with an 89 percent lower value than on Wednesday.
The market closed with an exchange of 66,053 shares for US$5,574 compared to 1,005,394 units at US$50,711 on Wednesday.
Trading averaged 6,005 units at US$507 versus 100,539 shares at US$5,071 on Wednesday, with a month to date average of 33,620 shares at US$2,132 compared with 36,785 units at US$2,318 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index popped 1.69 points to culminate at 240.75.
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 six stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AS Bryden lost 0.51 of one cent to 22.49 US cents after a transfer of 1,800 shares, First Rock Real Estate USD share gained 0.01 of a cent to close at 4.03 US cents in trading 9,001 units, Margaritaville remained at 10 US cents in switching ownership of 850 shares. Proven Investments rose 0.98 of one cent in closing at 14 US cents with investors trading 2,023 stock units, Sterling Investments dipped 0.19 of a cent to end at 1.51 US cents with 13,127 shares clearing the market, Sygnus Credit Investments rallied 0.04 cent to finish at 7.99 US cents after an exchange of 6,396 stock units.
Sygnus Real Estate Finance USD share ended at 9 US cents after 221 stocks crossed the market and Transjamaican Highway fell 0.01 of a cent to end at 2.18 US cents as investors exchanged 30,867 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.19 with 1,663 stocks crossing the market. JMMB Group 5.75% skidded 10 cents to US$2 with investors swapping 9 shares and Sygnus Credit Investments E8.5% ended at US$10.70 as 96 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big jump in trading for the USD Market
Trading surged on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 1,060 percent jump in the volume of stocks exchanged following a 244 percent pop in value compared with market activity on Tuesday and resulting in trading in 10 securities, compared to 12 on Tuesday with prices of three rising, three declining and four ending unchanged.
The market closed with an exchange of 1,005,394 shares for US$50,711 compared to 86,667 units at US$14,748 on Tuesday.
Trading averaged 100,539 units at US$5,071 versus 7,222 shares at US$1,229 on Tuesday, with a month to date average of 36,785 shares at US$2,318 compared with 29,371 units at US$1,998 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index declined 3.55 points to end at 239.06.
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 five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, First Rock Real Estate USD share dipped 0.58 of one cent to end at 4.02 US cents closing, with 4,258 units being traded, Margaritaville ended at 10 US cents with 600 stocks crossing the market, Productive Business Solutions remained at US$1.59 after investors ended trading 36 shares. Proven Investments fell 1.68 cents to finish at 13.02 US cents with investors transferring 186,935 stock units, Sterling Investments remained at 1.7 US cents after 117 shares crossed the exchange,
Sygnus Credit Investments gained 0.01 of a cent to close at 7.95 US cents with traders dealing in 5,475 stocks and Transjamaican Highway rose 0.08 of a cent to 2.19 US cents in switching ownership of 806,663 units.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.19, with 700 stock units crossing the market, Productive Business Solutions 9.25% preference share declined 50 cents to close at US$11 in trading 250 shares and Sygnus Credit Investments E8.5% advanced 10 cents in closing at US$10.70, with 360 stock units changing hands.
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 dropped 3,753.71 points to 331,404.71, the All Jamaican Composite Index declined 2,565.76 points to end at 356,312.39, the JSE Main Index shed 3,787.12 points to finish at 318,254.75. The Junior Market Index dipped 17.69 points to finish at 3,776.45 and the JSE USD Market Index gained 4.33 points to finish at 242.03.
In the preference segment, Jamaica Public Service 7% declined $7.50 to finish at $42.50 and 138 Student Living preference share advanced $7 to close at $218.
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 4,649,405 shares trading for $79,455,741 down from 8,718,855 units at $132,519,420 on Thursday.
The Main Market ended trading with an average PE Ratio of 13. 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.
Margaritaville increased $1.42 in closing at $15.53 in an exchange of 4 stocks, Massy Holdings climbed $1 to finish at $91 with investors swapping 24,992 stock units, Mayberry Jamaican Equities declined 50 cents to close at $10 in an exchange of 100,402 stock units. NCB Financial skidded 50 cents to $62.50 after investors traded 11,015 shares, Pan Jamaica rose 50 cents to close at $48 with an exchange of 12 stocks, Sagicor Group gained 64 cents in closing at $41.14 with 4,040 units clearing the market. Seprod advanced 80 cents to end at $82 and closed with 6,857 stock units changing hands and Wisynco Group rose 32 cents and ended at $21 with an exchange of 32,814 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading on the overall market ended as the number and value of stocks changing hands dropped, from the previous trading day, resulting in prices of 37 shares rising and 31 declining.
In the preference segment, Productive Business Solutions 9.75% preference share gained $4.99 to finish at $115.
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 8,718,855 shares being traded at $132,519,420 up from 7,107,320 units at $37,509,746 on Wednesday.
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.
Kingston Wharves fell $4.61 to $26.09 with an exchange of 2,508,167 shares. Mayberry Jamaican Equities rallied 50 cents to end at $10.50 with 300 stocks crossing the market, NCB Financial dipped 97 cents in closing at $63 as investors exchanged 12,238 units, Sagicor Group lost 50 cents to close at $40.50 in trading 11,469 stock units. Sagicor Real Estate Fund rallied 98 cents to $7.98 after exchanging 546 shares, Scotia Group advanced 40 cents to finish at $44.90 with investors swapping 27,367 stocks, Seprod dropped 97 cents and ended at $81.20 after an exchange of 994 units. Stanley Motta rose 61 cents to close at $6.75 with investors transferring 973 stock units and Supreme Ventures slipped $1 in closing at $23.50 with 119,177 shares changing hands.
In the preference segment, 138 Student Living preference share rallied $1 to end at $211 with investors dealing in 9 units and Productive Business Solutions 9.75% preference share sank $4.99 to $110.01 after trading 87 stocks.
At the close of trading, the JSE Combined Market Index climbed 1,198.94 points to 336,962.83, the All Jamaican Composite Index jumped 2,030.08 points to 362,251.00, the JSE Main Index rose 1,240.26 points to conclude trading at 324,184.12. The Junior Market Index squeezed out a gain of 1.44 points to close trading at 3,758.39 and the JSE USD Market Index rose 1.69 points to settle at 240.75.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.9 on 2023-24 earnings and 13.3 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.
Trading netted 7,107,320 shares for $37,509,746 compared with 8,349,044 units at $156,852,014 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.8. 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.
Sagicor Group fell 65 cents to close at $41 as 12,998 units passed through the market, Sagicor Real Estate Fund dipped 50 cents in closing at $7 after an exchange of 4,782 shares, Scotia Group shed $1.10 to end at $44.50 with investors dealing in 29,354 stock units. Seprod rallied $2.17 to close at $82.17 in an exchange of 12,882 shares, Supreme Ventures dropped 50 cents to close at $24.50 with investors transferring 17,220 stock units and Sygnus Real Estate Finance advanced $1.21 and ended at $14 in an exchange of 202 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.