Stocks finished at their highest weekly close for November at the close of trading activity on the Jamaica Stock Exchange Main Market on Friday, following a moderate decline in the volume of stocks traded declining but with the value surging 200 percent more than on Thursday, with trading in 55 securities compared with 54 on Thursday, resulting in prices of 22 rising, 13 declining and 20 ending unchanged.
A total of 11,457,646 shares were traded at $107,505,758 compared with 12,874,056 units at $35,782,868 on Thursday.
Trading averaged 208,321 shares at $1,954,650 compared to 238,408 units at $662,646 on Thursday and month to date, an average of 299,466 units at $2,634,962 compared to 304,788 units at $2,674,683 on the previous day, up from October with an average of 214,410 units at $1,325,907.
Wigton Windfarm led trading with 1.99 million shares for 17.4 percent of total volume followed by Sygnus Credit Investments with 1.73 million units for 15.1 percent of the day’s trade, Wisynco Group with 1.69 million units for 14.8 percent market share, JMMB Group 7.5% with 1.64 million units for 14.3 percent market share and Transjamaican Highway with 1.13 million units for 9.8 percent of total volume.
The All Jamaican Composite Index climbed 2,405.50 points to wrap up trading at 352,307.77, the JSE Main
Index rallied 1,073.03 points to close trading at 315,890.19 and the JSE Financial Index popped 0.28 points to 68.75.
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 2024.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and five with lower offers, an indicator pointing to a higher market opening on Monday.
At the close, Berger Paints lost 69 cents to close at $6.01 with shareholders swapping 50 stock units, Caribbean Cement dropped $3.80 to $51.20 in trading 109,512 shares, Eppley fell 30 cents to end at $33, with 3,604 stocks changing hands. Eppley Caribbean Property Fund climbed $3.25 in closing at $39.50 as investors exchanged 3,625 units, General Accident increased 58 cents and ended at $5.15 with 27,352 stocks clearing the market, Guardian Holdings dipped $1 to $410 with traders dealing in 16,088 shares.
Jamaica Broilers shed 88 cents to end at $34 after 37,432 stocks passed through the market, Jamaica Producers popped 98 cents in closing at $22.98 in switching ownership of 157,497 units, Jamaica Stock Exchange gained 25 cents to close at $9.25, with 1,158 shares crossing the market. Key Insurance rose 25 cents and ended at $2.50 while exchanging 163,000 stock units, Kingston Wharves advanced $1.98 to $28.49, with 700 units crossing the market, Mayberry Investments rallied 58 cents to end at $7.80 in an exchange of 8,001 stocks. Proven Investments popped $2.53 in closing at $25.04 with investors dealing in 1,908 shares, Sagicor Group climbed $1.08 and ended at $41.20 with a transfer of 52,723 stock units, Scotia Group increased 55 cents to close at $34.48 after 35,464 stocks crossed the exchange. Sterling Investments rose 31 cents to $2.60 in trading 586 units,
Sygnus Credit Investments rallied 50 cents and ended at $12 in an exchange of 1,727,489 shares and Wisynco Group gained $2.30 in closing at $21.50 after an exchange of 1,691,440 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market inched forward
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with a 26 percent fall in the volume of stocks changing hands with a 24 percent greater value than on Thursday and resulted in trading taking place in five securities, compared to three on Thursday with two rising, two declining and one ending unchanged.
Overall, 256,238 shares were traded, for US$8,090 compared to 345,389 units at US$6,537 on Thursday.
Trading averaged 51,248 units at US$1,618, versus 115,130 shares at US$2,179 on Thursday, with a month to date average of 76,993 shares at US$4,598 compared with 78,208 units at US$4,738 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index popped 0.19 points to end at 225.22.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments popped 0.97 of one cent to end at 15.98 US cents as investors exchanged 15,350 stock units, Sterling Investments skidded 0.2 of a cent to 1.5 US cents with shareholders swapping 708 shares and Transjamaican Highway fell 0.09 of a cent to close at 1.51 US cents in an exchange of 239,251 units.
In the preference segment, JMMB Group 5.75% advanced 28.5 cents in closing at US$2.185 with investors dealing in 848 stocks and JMMB Group 6% ended at US$1 with 81 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Minor slippage in JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 6 percent, with a value marginally more than on Wednesday, resulting in trading of three securities, compared to six on Wednesday with one rising, one declining and one ending unchanged.
At the close of the market, 345,389 shares were traded, for US$6,537 compared with 368,630 units at US$6,490 on Wednesday.s
Trading ended with an average of 15,130 shares at US$2,179 versus 61,438 units at US$1,082 on Wednesday. Trading for the month to date average 78,208 shares at US$4,738 compared with 77,132 units at US$4,813 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 0.87 points to lock up trading at 225.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville fell 0.3 of a cent to 12 US cents in switching ownership of 10,000 stocks, Proven Investments inched 0.01 of a cent higher to 15.01 US cents with investors trading 83 units and Transjamaican Highway ended at 1.6 US cents as 335,306 shares passed through the market .
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE US dollar market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 56 percent valued 78 percent less than the value on Tuesday and resulting in six securities being traded, compared to seven on Tuesday, with one rising, one declining and four ending unchanged.
Overall, 368,630 shares were traded, for US$6,490 compared to 830,053 units at US$28,943 on Tuesday.
Trading averaged 61,438 units at US$1,082, versus 118,579 shares at US$4,135 on Tuesday, with a month to date average of 77,132 shares at US$4,813 compared with 78,103 units at US$5,044 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.95 points to close at 225.90.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 none with a lower offer.
At the close, MPC Caribbean Clean Energy remained at 57 US cents after 635 units passed through the market,
Proven Investments ended at 15 US cents with investors trading 318 stock units, Sterling Investments ended at 1.7 US cents with investors exchanging 15,000 shares. Sygnus Credit Investments rose 0.29 of a cent to close at 9 US cents with a transfer of 450 stocks and Transjamaican Highway fell 0.13 of a cent and ended at 1.6 US cents with investors exchanging 352,217 shares.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50, with 10 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant JSE USD Market trading
Trading remains buoyant on the Jamaica Stock Exchange US dollar market for a second day running on Tuesday, with the volume of stocks changing hands rising 63 percent valued 101 percent more than on Monday, and resulted from trading in seven securities, compared to four on Monday with three rising, one declining and three ending unchanged.
A total of 830,053 shares were traded, for US$28,943 up from 509,457 units at US$14,389 on Monday.
Trading on Tuesday averaged 118,579 shares for US$4,135 versus 127,364 shares at US$3,597 on Monday, with a month to date average of 78,103 shares at US$5,044 compared to 74,955 units at US$5,114 on the previous day and above October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 0.38 points to 227.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville climbed 1.26 cents and ended at 12.3 US cents, with 2,500 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading a mere one unit, Productive Business Solutions remained at US$1.55 with investors swapping 5 shares. Proven Investments fell 0.01 of a cent in closing at 15 US cents in an exchange of 109,252 stock units, Sterling Investments remained at 1.7 US cents passed through the market 4,075 shares, Sygnus Credit Investments popped 0.01 cent to 8.71 US cents while exchanging 4,135 units and Transjamaican Highway increased by 0.14 of a cent in closing at 1.73 US cents in switching ownership of 710,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in volume traded on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 66 percent valued 7 percent lower than on Friday, resulting in four securities traded, compared to eight on Friday with one rising, two declining and one ending unchanged.
Overall, 509,457 shares were traded for US$14,389 compared to 306,262 units at US$15,475 on Friday.
Trading averaged 127,364 units at US$3,597 compared to 38,283 shares at US$1,934 on Friday, with a month to date average of 74,955 shares at US$5,114 compared with 72,517 units at US$5,185 on the previous trading day, up from October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.20 points to finish at 227.47.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments increased 0.01 of a cent to end at 15.01 US cents, with 37,511 stocks changing hands, Sygnus Credit Investments lost 0.3 of a cent in closing at 8.7 US cents with an exchange of 11,000 stock units and Transjamaican Highway skidded 0.08 of a cent to 1.59 US cents, with 460,934 shares crossing the market.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50, with investors transferring 12 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 12,874,056 shares were traded for $35,782,868 down sharply compared with 54,394,461 units at $1,087,515,284 previously.
The Main Market ended trading with an average PE Ratio of 12.9. 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 2024.
Kingston Properties climbed 26 cents to close at $6.99 in an exchange of 4,130 units, Massy Holdings rose $4.70 to $90, with 4,339 shares clearing the market, Mayberry Investments dropped 93 cents to end at $7.22 with stakeholders exchanging 8,400 stock units. NCB Financial rallied $1 in closing at $69 in trading 40,922 shares, Pan Jamaica advanced $4.46 and ended at $50.46, with 8,417 stock units crossing the exchange, Proven Investments fell $1.22 to close at $22.51 in switching ownership of 133 units. Scotia Group popped 52 cents to $33.93 after an exchange of 11,642 stocks, Sygnus Credit Investments declined 50 cents to close at $11.50, with 10,050 units crossing the market and Sygnus Real Estate Finance lost $1.79 and ended at $8.90 with a transfer of 8,800 stocks.
In the preference segment, Eppley 7.50% preference share climbed 50 cents in closing at $6, with 1,445 shares changing hands.
A total of 54,394,461 shares were traded for $1,087,515,284, up sharply from just 4,541,590 units at a mere $25,960,870 on Tuesday.
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 2024.
Pan Jamaica lost $1 in closing at $46 with traders dealing in 12,076 shares. Proven Investments gained 73 cents to end at $23.73 in an exchange of 888 stocks, Sagicor Group declined $1 in closing at $40 after 12,007 units changed hands, Salada Foods rallied 38 cents to $2.90 with investors exchanging 343 stock units and Seprod shed $3 to close at $75 in trading 6,477 shares and VM Investments ended with 187,370 shares being traded to close at a 52 weeks’ closing low of $2.56 after a loss of 19 cents.
In the preference segment, Eppley 7.50% preference share dropped 49 cents to end at $5.50, with 19,433 stock units crossing the exchange and Productive Business Solutions 10.5 % preference share fell $100 and ended at $1,100 in switching ownership of 51 units.
Trading ended with an exchange of 4,541,590 shares for just $25,960,870 compared with 5,872,129 units at $40,649,016 on Monday. The value of stocks traded on Tuesday is the lowest since October 30, when $15.93 million worth of shares were traded.
The Main Market ended trading with an average PE Ratio of 12.9. 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 2024.
Jamaica Stock Exchange shed 50 cents and ended at $9 in trading 13,034 stock units, Kingston Wharves climbed $1.50 to $28 after an exchange of 1,271 stocks, Massy Holdings fell $5.90 and ended at $85.10, with 535 units crossing the market. NCB Financial shed 83 cents to close at $69 after an exchange of 41,642 shares, Pan Jamaica declined $2.48 in closing at $47, with 222 units changing hands, Proven Investments increased by 90 cents to end at $23, with an exchange of 7,269 stocks. Radio Jamaica lost 17 cents to close at a 52 weeks’ low of $1.26 cents after 178,798 shares changed hands, Sagicor Group gained $1 to $41, with 37,933 units crossing the market, Scotia Group lost 41 cents and ending at $33.50 in an exchange of 74,094 shares, Sygnus Credit Investments rallied 26 cents to close at $12.05, with 58,001 stock units clearing the market and Sygnus Real Estate Finance increased $1.29 to end at $10.69 as investors exchanged 3,087 stocks.
In the preference segment, Jamaica Public Service 7% climbed $4.99 in closing at $46 with shareholders swapping 11 units and Productive Business Solutions 10.5% preference share rose $50 to $1,200 in an exchange of 3 shares.
A total of 5,872,129 shares were traded for $40,649,016 down from 8,247,700 units at $96,457,587 on Friday.
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 2024.
Massy Holdings rose $1 to $91 with 1,170 stocks changing hands, Mayberry Jamaican Equities rallied $1.20 to close at $10.20 after 20,300 stock units were traded. MPC Caribbean Clean Energy declined 80 cents in closing at $92, with 276 shares crossing the market, NCB Financial increased $3.83 and ended at $69.83 with a transfer of 32,729 units, Pan Jamaica climbed $2.48 to end at $49.48 with stakeholders exchanging 15,814 stocks. Proven Investments shed 90 cents in closing at $22.10 in trading 4,893 stock units, Sagicor Group lost $1.10 to close at a 52 weeks’ low of $40 while were investors exchanging 9,528 shares, Salada Foods skidded 51 cents to close at $2.51 with traders dealing in 30,370 units and Seprod popped $2.94 to end at $77.95 after a transfer of 31,895 stocks.
In the preference segment, Eppley 7.25% preference share fell $1 and ended at $18 in trading 6,375 stock units and Eppley 7.75% preference share dipped $2.88 to $16.34 after an exchange of 3,000 shares.