Trading activity dropped on the Jamaica Stock Exchange Main Market on Thursday from Wednesday’s levels, with the volume of stocks traded declining 70 percent and the value 77 percent lower, after trading occurred in 55 securities, down from 57 on Wednesday and ended with 20 rising, 15 declining and 20 ending unchanged.
A total of 13,644,908 shares were traded for $75,752,827 down from 45,685,912 units at $335,401,719 on Wednesday.
Trading averaged 248,089 shares at $1,377,324 versus 801,507 shares at $5,884,241 on Wednesday and month to date, an average of 213,334 units at $1,718,745, compared with 211,465 units at $1,737,101 on the previous day. August closed with an average of 316,608 units at $1,867,646.
Transjamaican Highway led trading with 4.75 million shares for 34.8 percent of total volume followed by Wigton Windfarm with 3.18 million units for 23.3 percent of the day’s trade and Stanley Motta with 2.12 million units for 15.5 percent of the day’s trade.
The All Jamaican Composite Index rallied 368.40 points to 350,789.36, the JSE Main Index shed 2,429.16 points to close at 320,347.77 and the JSE Financial Index fell 1.52 points to 70.20.
The Main Market ended trading with an average PE Ratio of 12.6. 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 up to August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments fell $3.20 to $74.90 and closed with an exchange of 18,238 shares, Caribbean Producers climbed 86 cents in closing at $9.99 with investors trading 600,538 stocks, Eppley Caribbean Property Fund increased $2.99 to end at $39.99 after trading of 13 stocks. GraceKennedy popped $1 and ended at $74, with 82,680 units crossing the exchange, Guardian Holdings skidded $30 to close at $490 with investors transferring 658 stock units, Jamaica Producers gained $1.28 to close at $20, with just 27 units crossing the market.
Kingston Wharves rose $1 in closing at $29, with 17,510 stocks changing hands, Mayberry Jamaican Equities dipped 75 cents and ended at $10.50 after hitting an intraday 52 weeks’ low of $8.01, with 3,441 shares clearing the market, NCB Financial dropped $3 to $65 after 227,799 stock units passed through the market. Pan Jamaica rallied $1.20 to end at $50.20 with an exchange of 12,890 stocks, Portland JSX advanced 30 cents to close at $10.80 in switching ownership of 1,939 shares, Proven Investments increased $1.99 and ended at $21.99 with traders dealing in 12,480 units. Sagicor Group rallied 40 cents to $45 with a transfer of 204,396 shares, Seprod rose 74 cents in closing at $69.99, with investors trading 4,137 stock units and Stanley Motta advanced 32 cents to end at $5.60, with 2,117,321 units crossing the market
In the preference segment, 138 Student Living preference share gained $2 to end at $105 with shareholders swapping 1,400 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 13 percent valued 351 percent more than on Wednesday and resulting in gains for the market following trading of four securities, compared to nine on Wednesday with prices of three rising, one declining.
Overall, 1,133,465 shares were traded, for US$157,008 compared to 1,007,248 units at US$34,775 on Wednesday.
Trading on Thursday ended with an average of 283,366 shares for US$39,252, up from 111,916 units at US$3,864 on Wednesday, with a month to date average of 58,059 shares at US$4,937 compared to 51,844 units at US$3,990 on the previous day and August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index gained 5.02 points to finish at 257.64.
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 between November 2023 and 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, First Rock Real Estate USD share rose 0.77 of one cent to end at 5.89 US cents with investors transferring 31,520 shares, MPC Caribbean Clean Energy skidded 6 cents and ended at 54 US cents in switching ownership of 394 stocks, Proven Investments rallied 0.5 of a cent in closing at 14.5 US cents after trading of 1,089,571 stock units and Transjamaican Highway popped 0.04 of a cent to close at 1.74 US cents with an exchange of 11,980 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 151 percent but valued 28 percent less than on Tuesday and resulting in trading of nine securities similar to Tuesday and ended with prices of three rising, four declining and two ending unchanged.
Overall, 1,007,248 shares were traded for US$34,775 compared with 401,339 units at US$48,561 on Tuesday.
Trading averaged 111,916 units at US$3,864 versus 44,593 shares at US$5,396 on Tuesday, with a month to date average of 51,844 shares at US$3,990 compared with 47,869 units at US$3,999 on the previous day and August that ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index lost 1.48 points to close at 252.52.
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 between November 2023 and 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, First Rock Real Estate USD share lost 0.68 of one cent to close at 5.12 US cents in an exchange of just one share, Margaritaville skidded 2.67 cents to end at 11.35 US cents after trading of 4,985 stocks, MPC Caribbean Clean Energy popped 5 cents and ended at 60 US cents with a transfer of 2,324 units, Proven Investments remained at 14 US cents with investors transferring 69,713 stock units.
Sterling Investments shed 0.2 of a cent in closing at 1.7 US cents after an exchange of 11,587 stocks, Sygnus Credit Investments declined 0.05 of a cent to 9.02 US cents after 19,641 stock units were traded, Transjamaican Highway rose 0.08 of a cent in closing at 1.7 US cents with stakeholders exchanging 892,489 units.
In the preference segment, JMMB Group 6% advanced 0.2 of a cent to close at US$1.002, with 6,500 shares crossing the market and Productive Business Solutions 9.25% preference share ended at US$12 as investors exchanged 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 128 percent valued 23 percent more than on Monday, resulting in trading in nine securities, similar to Monday and ended with prices of two rising, three declining and four ending unchanged.
Overall, 401,339 shares were traded, for US$48,561 compared to 175,984 units at US$39,421 on Monday.
Trading averaged 44,593 units at US$5,396, versus 19,554 shares at US$4,380 on Monday, with a month to date average of 47,869 shares at US$3,999 compared to 48,101 units at US$3,900 on the previous day, down from August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index dropped 3.66 points to undefined 254.00.
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 between November 2023 and 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, First Rock Real Estate USD share fell 0.2 of a cent to end at 5.8 US cents with shareholders swapping 9,526 shares, Margaritaville rose 3.02 cents to close at 14.02 US cents in an exchange of just one stock unit,
Proven Investments advanced 0.5 of a cent to 14 US cents with an exchange of 325,066 units. Sterling Investments remained at 1.9 US cents with investors dealing in 5,408 stocks, Sygnus Credit Investments ended at 9.07 US cents in switching ownership of 90 stock units, Sygnus Real Estate Finance USD share remained at 10 US cents after 81 units crossed the exchange and Transjamaican Highway dipped 0.07 of a cent to end at 1.62 US cents with traders dealing in 60,714 stocks.
In the preference segment, JMMB Group 6%lost 7.27 cents and ended at US$1 in an exchange of 395 shares and Productive Business Solutions 9.25% preference share ended at US$12 after 58 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market rallies on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 70 percent decline in the volume of stocks changing hands but valued 287 percent more than on Friday, resulting in trading in nine securities, compared to eight on Friday with two rising, three declining and four ending unchanged.
, 175,984 shares were traded, for US$39,421 compared to 580,017 units at US$10,197 on Friday.
Trading averaged 19,554 units at US$4,380 versus 72,502 shares at US$1,275 on Friday, with a month to date average of 48,101 shares at US$3,900 compared with 50,278 units at US$3,863 on the previous day, fairly close to August with an average of 57,291 units for US$4,251.
The US Denominated Equities Index rose 3.40 points to close at 257.66.
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 between November 2023 and 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, First Rock Real Estate USD share increased 0.89 of one cent to 6 US cents and closing after 1,974 shares changed hands, Margaritaville remained at 11 US cents with traders dealing in 113 units,
Proven Investments dipped 1 cent to 13.5 US cents in trading 160,775 stocks Sterling Investments shed 0.02 of a cent in closing at 1.9 US cents after investors traded 1,729 stock units, Sygnus Credit Investments ended at 9.07 US cents, with 1,276 units crossing the exchange, Sygnus Real Estate Finance USD share ended at 10 US cents with an exchange of 974 stock units and Transjamaican Highway remained at 1.69 US cents with shareholders swapping 937 stocks.
In the preference segment, JMMB Group 5.75% dropped 38 cents to close at US$1.87, with 8,198 shares clearing the market and JMMB Group 6% rallied 8.24 cents to US$1.0727 with investors dealing in 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
Trading picked on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 688 percent valued 309 percent more than on Thursday, resulting in the trading of eight securities, up from six on Thursday with prices of three rising, four declining and one ending unchanged.
Overall, 580,017 shares were traded, for US$10,197 up from 73,572 units at US$2,495 on Thursday.
Trading averaged 72,502 units at US$1,275 versus 12,262 shares at US$416 on Thursday, with a month to date average of 50,278 shares at US$3,863 compared with 48,662 units at US$4,051 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index shed 1.12 points to end at 254.26.
The USD Market ended with a PE Ratio, of 9, the PE is the most commonly used measure in determining stock values and is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four 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 popped 0.01 of a cent to 5.11 US cents after an exchange of 360 shares, Margaritaville declined 1 cent to end at 11 US cents as investors traded 43 stock units, MPC Caribbean Clean Energy remained at 55 US cents with shareholders swapping 94 stocks.
Proven Investments fell 0.25 of one cent in closing at 14.5 US cents with stakeholders exchanging 4,029 units, Sterling Investments lost 0.03 of a cent and ended at 1.92 US cents with a transfer of 21,145 stocks. Sygnus Credit Investments dropped 0.03 of a cent to close at 9.07 US cents with an exchange of 558 units, Sygnus Real Estate Finance USD share rallied 1.5 cents to 10 US cents with investors dealing in 106 stocks and Transjamaican Highway popped 0.06 of a cent in closing at 1.69 US cents in switching ownership of 553,682 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 45,685,912 shares were traded for $335,401,719 compared to 6,414,893 units at $41,595,803 on Tuesday.
The Main Market ended trading with an average PE Ratio of 12.3. 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 up to August 2024.
Kingston Wharves rallied 51 cents and ended at $28 with a transfer of 93,940 shares, Mayberry Investments advanced 50 cents to $8 with stakeholders exchanging 42,900 stocks. MPC Caribbean Clean Energy jumped $13 to end at $83 while exchanging 1,477 shares, NCB Financial increased $2.50 to close at $68, with 37,557 stocks crossing the market, Pan Jamaica gained $3.25 in closing at $49 with investors dealing in 40,529 stock units. Portland JSX popped $2.07 in closing at $10.50 after 20,000 units changed hands, Supreme Ventures dipped $1.52 to close at $27, with 202,492 stock units changing hands and Wisynco Group rallied 56 cents and ended at $17.90 in an exchange of 175,282 shares.
In the preference segment, JMMB Group 7% preference share lost 53 cents to close at $1.87 after a transfer of 3,787 stocks, 138 Student Living preference share leapt $22.70 to end at $103 with investors trading 3,889 units and Productive Business Solutions 10.5 % preference share dipped $1 and ended at $1,214 in switching ownership of 11 shares.
At close, the JSE Combined Market Index surged 6,224.67 points to close at 336,275.32, while the All Jamaican Composite Index jumped 4,951.59 points to 350,420.96, the JSE Main Index soared 6,384.67 points to end at 322,776.93, the Junior Market Index rose 29.61 points to 3,835.07, while the JSE USD Market Index slipped 1.47 points to finish at 252.52.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
A total of 6,414,893 shares were traded for $41,595,803, far adrift from 14,060,598 units at $91,699,748 on Monday.
The Main Market ended trading with an average PE Ratio of 12.3. 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 up to August 2024.
Kingston Properties dropped 78 cents in closing at $6.50 with investors exchanging 5,498 units. Kingston Wharves advanced $2.49 to $27.49, with just 32 stocks changing hands, Massy Holdings dipped 52 cents and ended at $103.88 with an exchange of 250 stock units, Mayberry Investments climbed 38 cents to close at $7.50 after investors traded 15,050 shares. Pulse Investments rose 39 cents to end at $2.39 with investors transferring 278,723 stocks, Scotia Group gained $2.05 in closing at $34.05 with a transfer of 1,941 units, Seprod skidded 41 cents and ended at $68.99 after 1,725 stocks passed through the market and Supreme Ventures increased $1.17 to end at $28.52 after exchanging 59,109 units.
In the preference segment, Eppley 7.50% preference share popped 43 cents to close at $6.58 after 201 shares were exchanged, Jamaica Public Service 7% lost $11.07 to close at $42 with shareholders swapping 1,650 stock units and Productive Business Solutions 10.5 % preference share jumped $195 to $1,215 with investors dealing in 21 stocks.
A total of 14,060,598 shares were traded for $91,699,748 compared to 3,872,550 units at $72,059,401 on Friday.
The Main Market ended trading with an average PE Ratio of 12.2, 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 up to August 2024.
NCB Financial advanced 40 cents to end at $65.50 with investors transferring 103,724 stocks, Pan Jamaica rallied 75 cents in closing at $45.75, with 35,700 units clearing the market, Proven Investments skidded $4.20 to $20 after a transfer of 3,396 stock units. Sagicor Real Estate Fund gained 30 cents and ended at $8.30 in an exchange of 112 stock units, Scotia Group declined $2 to close at $32 with traders dealing in 265,169 stocks and Seprod dipped 39 cents to end at $69.40 after 2,428 units passed through the market.
Jamaica Public Service 7% climbed $8.78 and ended at $53.07 after trading 197 units and 138 Student Living preference share lost $24.70 to close at $80.30, with 4,300 shares crossing the market.