Trading on the Jamaica Stock Exchange US dollar market ended on Thursday and the month, with a 267 percent surge in the volume of stocks changing hands following a 165 percent rise in the value over trading on Wednesday, resulting in the trading of eight securities up from seven on Wednesday, with five rising, one declining and two ending unchanged.
A total of 500,869 shares were traded for US$62,995 compared to 136,351 units at US$23,735 on Wednesday.
Trading averaged 62,609 shares for US$7,874 compared with 19,479 units at US$3,391 on Wednesday, with a month to date average of 57,291 stocks at US$4,251 compared with 56,990 units at US$4,045 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 1.37 points to 239.83.
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 three stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, First Rock Real Estate USD share ended at 4 US cents with a transfer of 76,276 shares, Margaritaville rose 0.01 of a cent to 11.5 US cents after closing with 4,671 units changing hands, MPC Caribbean Clean Energy climbed 11.74 cents to 64.75 US cents after swapping 200 stocks.
Sterling Investments dipped 0.04 of a cent to 1.94 US cents in trading 241,000 stocks, Sygnus Credit Investments ended at 10.23 US cents with investors dealing in 192 shares and Transjamaican Highway popped 0.04 of a cent in closing at 1.74 US cents after an exchange of 151,153 stock units.
In the preference segment, JMMB Group 5.75% gained 10 cents to close at US$1.90, with investors transferring 27,360 units and JMMB Group 6% popped 8 cents and ended at US$1.08 as investors exchanged 17 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on JSE USD Market
Trading drops on JSE USD Market
Trading fell on the Jamaica Stock Exchange US dollar market on Wednesday, with a 77 percent fall in the volume of stocks changing hands, valued 63 percent less than on Tuesday and resulting in trading of seven securities, the same number as Tuesday and ended, with four rising and three ending unchanged.
A total of 136,351 shares were exchanged for US$23,735 compared with 593,068 units at US$64,296 on Tuesday.
Trading averaged 19,479 shares at US$3,391 versus 84,724 units at US$9,185 on Tuesday, with a month to date average of 56,990 shares at US$4,045 compared with 58,949 units at US$4,079 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 3.33 points to finish at 238.46.
PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated 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 two with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 12,795 shares crossing the exchange, MPC Caribbean Clean Energy popped 0.01 of a cent to 53.01 US cents after trading 194 units, Proven
Investments gained 0.45 of one cent and ended at 15 US cents in an exchange of 70,006 stock units. Sygnus Credit Investments climbed 1.13 cents to end at 10.23 US cents with 21,557 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10 US cents with shareholders swapping 48 units and Transjamaican Highway rose 0.09 of a cent and ended at 1.7 US cents, with 21,369 stock units crossing the market.
In the preference segment, JMMB Group 6% ended at US$1, with traders dealing in 10,382 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Funding for JSE USD stocks jumped
The volume of stocks trading declined 33 percent, but the value jumped 291 percent more than on Monday at the close of the Jamaica Stock Exchange US dollar market on Tuesday, resulting in seven securities being traded, up from three on Monday and ended with two rising, three declining and two unchanged.
Overall, 593,068 shares were traded for US$64,296 compared with 884,498 units at US$16,456 on Monday.
Trading averaged 84,724 shares at US$9,185 compared to 294,833 units at US$5,485 on Monday. Trading for the month to date averaged 58,949 shares at US$4,079 compared to 57,529 units at US$3,798 on the previous day. Trading in July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index advanced 1.05 points to conclude trading at 235.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio is calculated 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 one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville dipped 0.01 of a cent to 11.49 US cents after 3,909 shares changed hands, Productive Business Solutions ended at US$1.70 after 45 units were traded, Proven Investments fell 0.1 of a cent to close at 14.55 US cents in trading 409,526 stocks. Sterling Investments rallied 0.04 of a cent to end at 1.98 US cents, with trading in 91,000 shares, Sygnus Credit Investments rose 0.04 of a cents to 9.1 US cents after a transfer of 1,001 units and Transjamaican Highway skidded 0.08 of a cent to end at 1.61 US cents with an exchange of 87,500 shares.
In the preference segment, JMMB Group 6% remained at US$1 and closed with 87 stock units being traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the JSE USD Market
Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 708 percent jump in the volume of stocks changing hands rising, valued just slightly more than on Friday,
and resulting in the trading of three securities, compared to four on Friday with none rising, two declining and one ending unchanged.
Investors traded a total of 884,498 shares with a value of US$16,456 compared to 109,502 units at US$16,272 on Friday.
Trading averaged 294,833 shares at US$5,485 compared with 27,376 units at US$4,068 on Friday, with a month to date average of 57,529 shares at US$3,798 compared with 51,787 units at US$3,757 on the previous trading day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 4.11 points to end at 234.08.
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 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 two with lower offers.
At the close, Proven Investments lost 0.15 of a cent and ended at 14.65 US cents with shareholders exchanging 2,000 shares and Transjamaican Highway dipped 0.01 of a cent in closing at 1.69 US cents after an exchange of 880,507 units.
In the preference segment, JMMB Group 6% remained at US$1 after 1,991 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading skids on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, following a 72 percent fall in the volume of stocks changing hands with a 56 percent lower value than on Thursday, resulting in four securities being traded, compared to six on Thursday with one rising and three declining.
A total of 109,502 shares were exchanged for US$16,272 compared to 389,899 units at US$37,298 on Thursday.
Trading averaged 27,376 shares at US$4,068 compared with 64,983 units at US$6,216 on Thursday, with a month to date average of 51,787 shares at US$3,757 compared with 52,601 units at US$3,747 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 2.01 points to end at 238.19.
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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, MPC Caribbean Clean Energy declined 4 cents to 53 US cents, with investors exchanging 292 shares, Proven Investments gained 0.2 of a cent and ended at 14.8 US cents in exchanging 108,621 stocks, Sygnus Credit Investments dipped 1.43 cents to 9.06 US cents, with 477 stock units changing hands and Transjamaican Highway dropped 0.05 of a cent in closing at 1.7 US cents in an exchange of 112 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading resulted in an exchange for 8,932,182 shares for $64,616,360, down from 17,477,049 units at $200,353,274 on Tuesday.
The PE Ratio, the most common formula used in valuing stocks, averages 12.8 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
JMMB Group dropped 54 cents to close at $27.15 after an exchange of 22,349 stocks, Kingston Properties increased 40 cents in closing at $7.30 with investors dealing in 68 stock units, Massy Holdings climbed 90 cents to $101 with stakeholders exchanging 1,772 shares, MPC Caribbean Clean Energy gained $2.80 and ended at $72.50 after a transfer of 194 units. Seprod rallied $5 to close at $70 with a transfer of 146,479 units, Supreme Ventures gained 44 cents in closing at $27.99, with 9,896 shares changing hands, Sygnus Credit Investments shed 50 cents to land at $11.47 in an exchange of 67,753 stocks and Wisynco Group climbed $1.15 in closing at $18, with 81,066 stock units crossing the exchange before reporting full year profit results after the market closed, of $4.9 billion, up 21 percent over earnings for 2022 and resulting in earnings of $1.31 per share.
Jamaica Public Service 7% fell $12.06 to $46.80, with 358 stock units clearing the market and Productive Business Solutions 9.75% preference share advanced 50 cents to end at $100 in an exchange of 47 stocks.
A total of 17,477,049 shares were traded for $200,353,274 compared to 4,844,640 units at $59,990,583 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecast by ICInsider.com for companies with the financial year ending up to August 2024.
Margaritaville climbed $2.32 to close at $16.35 in switching ownership of 2 stocks, NCB Financial jumped $1.54 and ended at $72.98, with 54,335 shares crossing the market, Pan Jamaica fell 81 cents to close at $46.99 after 2,889 stock units passed through the market. Scotia Group fell 85 cents to end at $33, with 60,007 stocks changing hands, Seprod shed $3 to close at $65 after an exchange of 1,943 shares, Supreme Ventures skidded 44 cents to $27.55 in an exchange of 8,926 units and Sygnus Credit Investments gained 47 cents and ended at $11.97 in trading 33,270 shares.
JMMB Group 7.25% preference share increased 59 cents and ended at $1.84 with traders dealing in 10 stocks and Productive Business Solutions 9.75% preference share skidded 50 cents to $99.50 with investors trading 26 stocks.
traded following a modest increase in value over Friday and closed with two stocks ending at 52 weeks’ lows.
The All Jamaican Composite Index skidded 3,967.05 points to 349,449.87, the JSE Main Index dropped 3,340.09 points to finish at 316,989.72 and the JSE Financial Index
Jamaica Stock Exchange shed $1.24 to close at a 52 weeks’ low of $8.53, with 14,677 stock units crossing the market, after trading at a 52 weeks’ intraday low of $8.25. JMMB Group dipped 95 cents to end at $27.84 with 284,271 units clearing the market, Kingston Properties climbed 35 cents to $7.35 after 7 stocks passed through the market, Massy Holdings skidded 90 cents to $100.10 with an exchange of 5,230 stock units. NCB Financial dropped $2.56 in closing at $71.44 after an exchange of 18,829 stocks, Sagicor Group fell $2.40 to close at $44.09 in switching ownership of 16,798 units, Scotia Group popped 85 cents and ended at $33.85 while exchanging 10,411 shares. Sygnus Credit Investments declined 47 cents in closing at $11.50 after trading in 4,927 stocks and Wisynco Group dipped $1.04 to end at $16.91, with 62,100 shares crossing the market.
In the preference segment, Eppley 7.50% preference share increased 49 cents to $6 with investors transferring 66 stock units, JMMBGL 7.25% preference share traded 612 units at a 52 weeks’ low of $1.25, after declining 20 cents and Productive Business Solutions 10.5 % preference share rallied $98 to close at $1,100 as investors exchanged 40 units.
A total of 10,571,793 shares were traded for $57,562,911 up from 9,151,844 units at $35,266,609 on Thursday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Markets’ PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Jamaica Stock Exchange lost 23 cents and closed at a 52 weeks’ low of $9.77 after hitting an intraday 52 weeks’ low of $9.10 in trading 86,890 shares. Jamaica Producers shed 31 cents to end at $19.18 after an exchange of 1,100 shares, JMMB Group rallied $1.76 to $28.79 with traders dealing in 82,869 stock units, Kingston Properties skidded 39 cents to $7 with a transfer of 1,302 stocks. Kingston Wharves dipped $1.90 and ended at $27 with shareholders swapping 16,096 shares, Massy Holdings climbed 90 cents in closing at $101 in an exchange of 960 stocks, Mayberry Jamaican Equities popped 40 cents to end at $11.80, with 38,877 stock units crossing the exchange. NCB Financial rallied $1 to $74, with 26,455 units crossing the market, Sagicor Group lost 41 cents to end at $46.49 as investors exchanged 1,711 shares,
Scotia Group dropped $1 in closing at $33 in trading 4,346 units, Seprod increased 50 cents to close at $68 with 18,577 stocks clearing the market and Wisynco Group rose 94 cents and ended at $17.95 trading 7,870 stock units.
A total of 9,151,844 shares were traded for $35,266,609 versus 7,549,896 units at $79,965,770 on Wednesday.
The JSE Main and USD Market PE ratios are calculated using the last traded prices in conjunction with ICInsider.com forecasted earnings for companies with the financial year ending up to August 2024.
Mayberry Jamaican Equities rose 40 cents to $11.40 with 78,223 stocks changing hands, MPC Caribbean Clean Energy skidded $12.30 to $69.70 with 2,285 shares clearing the market. NCB Financial shed $2 to close at $73 with investors dealing in 12,895 units, Sagicor Group increased $2.82 to $46.90 with traders exchanging 2,625 shares, Seprod dipped 50 cents in closing at $67.50 with 6,941 stocks crossing the market. Supreme Ventures shed 46 cents and ended at $27.99 with an exchange of 176,814 stocks, Sygnus Credit Investments popped 55 cents to end at $11.99 after trading 25,143 units and Wisynco Group skidded 84 cents to close at $17.01 with a transfer of 123,716 shares.
Jamaica Public Service 7% lost $5 and ended at $50 in an exchange of 1,000 units and Jamaica Public Service 9.5% dived $249.99 to end at $2800.01 after just one stock was traded.