Trading activity on the Jamaica Stock Exchange Main Market plunged on Thursday, with the volume of stocks traded dropping 80 percent and the value 68 percent lower than on Wednesday, with trading in 55 securities compared with 52 on Wednesday, with 21 rising, 21 falling and 13 ending unchanged.
A total of 5,505,100 shares were exchanged for $37,890,404 versus 27,243,669 units at $116,951,925 on Wednesday.
Trading averaged 100,093 shares at $688,916 compared to 523,917 units at $2,249,075 on Wednesday, while trading month to date averages 423,304 shares at $1,921,505 versus 454,491 units at $2,040,439 on the previous day. Trading in July ended with an average of 283,368 units at $2,135,482.
Transjamaican Highway led trading with 2.63 million shares for 47.9 percent of the volume, followed by Wigton Windfarm with 549,264 units for 10 percent of the day’s trade and JMMB Group 7.35% – 2028 with 511,801 units for 9.3 percent market share.
The All Jamaican Composite Index lost 757.11 points to close at 353,308.06, the JSE Main Index fell 457.71 points to 320,755.70 and the JSE Financial Index lost 0.20 points to undefined 70.32.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market 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.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped 98 cents in closing at $74.98 with 86,364 shares being traded, Berger Paints fell 50 cents to close at $7.05 with shareholders swapping 200 stock units, Caribbean Cement increased 50 cents to $52 after trading 8,861 units. First Rock Real Estate lost 70 cents to end at $8.10, with 2,010 stocks crossing the market, Guardian Holdings climbed $1.75 and ended at $439.75, with 102 stocks passed through the market, Jamaica Producers declined 90 cents to $19.20 with a transfer of 5,492 shares. JMMB Group gained 76 cents and ended at $27.91, changing hands 27,686 units, Key Insurance dipped 40 cents to end at $2.56 after exchanging 330 stock units,
Kingston Properties shed 44 cents in closing at $6.95 as investors traded 14,986 stocks. Kingston Wharves rallied 40 cents to close at $28.90, with 3,673 stock units crossing the market, Massy Holdings dropped 75 cents and ended at $100.25, with 4,035 units clearing the market, Mayberry Investments declined 65 cents to close at $8 after a transfer of 19,470 shares. MPC Caribbean Clean Energy advanced $12.33 in closing at $81.99 with investors trading 1,000 stocks, NCB Financial rose 65 cents to end at $72.40 after 104,630 stocks crossed the exchange, 138 Student Living increased 40 cents to $4.65 in trading 50,330 units, Proven Investments gained 50 cents in closing at $23 in an exchange of 2,211 shares, Pulse Investments advanced 55 cents and ended at $2.66 after traders swapped 132,000 stock units, Scotia Group lost $1 to end at $33 in switching ownership of 53,613 stocks.
Seprod shed $1.99 to close at $67.01 with an exchange of 10,929 units and Supreme Ventures dropped $1 to $28 with investors transferring 33,173 shares.
In the preference segment, Jamaica Public Service 7% fell $9.75 to $55.25 while exchanging five stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No stock rose on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday with a 31 percent rise in the volume of stocks changing hands with 617 percent more value than on Tuesday, resulting in just four securities being traded, compared to nine on Tuesday with no rising, three declining and one ending unchanged.
A total of 797,307 shares were exchanged for US$115,172 compared with 610,587 units at US$16,053 on Tuesday.
Trading averaged 199,327 shares at US$28,793 compared with 67,843 units at US$1,784 on Tuesday, with a month to date average of 54,665 shares at US$3,907 compared with 46,739 units at US$2,543 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 2.64 points to close at 243.05.
The 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 none with a lower offer.
At the close, Proven Investments dropped 0.25 of a cent and ended at 14.55 US cents after trading 743,034 shares and
Transjamaican Highway dipped 0.01 of a cent to 1.68 US cents, with 53,766 units passing through the exchange.
In the preference segment, JMMB Group 6% remained at US$1.08 in an exchange of 7 stocks and Productive Business Solutions 9.25% preference share declined 20 cents in closing at US$12.30 after an exchange of 500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands jumping 293 percent, with a 185 percent greater value than on Monday, resulting in nine securities being traded, compared to seven on Monday, with one rising, two declining and six ending unchanged.
Overall, 610,587 shares were traded for US$16,053 compared with 155,440 units at US$5,637 on Monday.
Trading averaged 67,843 units at US$1,784 versus 22,206 shares at US$805 on Monday, with a month to date average of 46,739 units at US$2,543 compared with 43,771 units at US$2,650 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 4.12 points to 240.44.
The 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 two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 545 shares crossing the market,
Productive Business Solutions ended at US$1.80 after traders exchanged 6 units, Proven Investments ended at 14.8 US cents, with 1,076 stocks changing hands, Sterling Investments lost 0.18 of a cent in closing at 1.8 US cents as investors exchanged 109 stock units. Sygnus Credit Investments shed 1.5 cents in closing at 8 US cents with shareholders swapping 61,993 shares, Sygnus Real Estate Finance USD share ended at 10 US cents after switching ownership of 10 units and Transjamaican Highway gained 0.09 of a cent to close at 1.69 US cents in an exchange of 546,676 stocks.
In the preference segment, JMMB Group 5.75% closed at US$1.95 with an exchange of 52 stock units and Productive Business Solutions 9.25% preference share ended at US$12.50 while exchanging 120 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market pops on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 31 percent, valued 68 percent lower than on Friday, resulting in seven securities traded, compared to six on Friday, with three rising, two declining and two ending unchanged.
A total of 155,440 shares were traded for US$5,637 compared with 118,609 units at US$17,580 on Friday.
Trading ended with an average of 22,206 shares at US$805 compared to 19,768 shares at US$2,930 on Friday, with a month to date average of 43,771 shares at US$2,650 compared with 46,419 units at US$2,877 on the previous trading day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index popped 2.16 points to close at 244.56.
The PE Ratio, a measure used in computing appropriate stock values, averages nine. 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 ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents and closed with 509 shares being traded, Margaritaville popped 0.1 of a cent to end at 11 US cents in trading 2,130 units,
Proven Investments rose 0.3 of a cent and ended at 14.8 US cents, with 251 stocks crossing the market. Sterling Investments popped 0.02 of a cent to 1.98 US cents with investors trading six stocks, Sygnus Credit Investments dropped 1.41 cents to close at 9.5 US cents with 32,422 stock units clearing the market and Transjamaican Highway dipped 0.05 cents and ended at 1.6 US cents in an exchange of 120,000 units.
In the preference segment, JMMB Group 5.75% ended at US$1.95 as investors exchanged 122 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday with an 89 percent decline in the volume of stocks changing hands, valued 51 percent lower than on Thursday and resulting in six securities being traded, as was the case on Thursday and ended with two rising, one falling and three ending unchanged.
A total of 118,609 shares were traded for US$17,580 compared with 1,054,854 units at US$35,623 on Thursday.
Trading averaged 19,768 units at US$2,930 compared with 175,809 shares at US$5,937 on Thursday, with a month to date average of 46,419 shares at US$2,877 compared to 49,555 units at US$2,870 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index added 0.14 points to finish at 242.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Productive Business Solutions ended at US$1.80 after an exchange of 4 shares, Proven Investments fell 0.3 of a cent to close at 14.5 US cents after 52,992 stock units passed through the market,
Sygnus Real Estate Finance USD share remained at 10 US cents closed with an exchange of 1,400 units and Transjamaican Highway popped 0.05 of a cent in closing at 1.65 US cents with investors exchanging 62,160 stocks.
In the preference segment, JMMB Group 5.75% remained at US$1.95, with investors transferring 1,600 shares and Productive Business Solutions 9.25% preference share rose 50 cents and ended at US$12.50 after a transfer of 453 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 27,243,669 shares were traded for $116,951,925 compared to 12,623,404 units at $40,299,945 on Tuesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market 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.
Massy Holdings rallied 75 cents to end at $101, with investors transferring 45,101 units, Mayberry Investments climbed 53 cents to $8.65, with 878 shares crossing the exchange, NCB Financial rose 75 cents to $71.75 after investors traded 23,986 stock units. 138 Student Living lost 39 cents and ended at $4.25 after a transfer of 282 units, Pan Jamaica traded 8,554 shares and rose 9 cents to close at $47.29, but only after hitting an intraday 52 weeks’ low of $40.01, Proven Investments lost 50 cents to close at $22.50 with a transfer of 190 stocks. Pulse Investments shed 71 cents to end at $2.11 while exchanging 24,170 units, Radio Jamaica gained 1 cent to close at $1.54 after hitting an intraday low of $1.40 in trading 101,142 shares, Seprod dipped 92 cents to close at $69 with stakeholders trading 7,423 stocks.
Stanley Motta advanced 31 cents to $5 in an exchange of 6,134,145 shares. Sygnus Credit Investments increased 58 cents to end at $12.05 in switching ownership of 10,712 stock units and Wisynco Group climbed 85 cents to $17.75 in an exchange of 80,898 stocks.
A total of 12,623,404 shares were traded for $40,299,945 compared with 10,928,473 units at $91,325,752 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market 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.
Margaritaville lost $2.47 to $14.03 while exchanging 250 stock units. Massy Holdings dipped 95 cents in closing at $100.25 in switching ownership of 716 stocks, MPC Caribbean Clean Energy dropped $12.29 and ended at $69.66 in trading 50 units, NCB Financial rallied $1 to end at $71 in an exchange of 94,546 stock units. Pan Jamaica gained $2.19 to close at $47.20 after an exchange of 120 units, Pulse Investments climbed 32 cents to $2.82 and closed with 173,001 stocks clearing the exchange. Sagicor Group shed 89 cents and ended at $44.10 after an exchange of 6,438 shares, Seprod popped 62 cents to close at $69.92 with an exchange of 3,366 stock units, Sygnus Credit Investments declined 53 cents in closing at $11.47 with investors transferring 20,526 units and
Wisynco Group dropped 75 cents to end at $16.90 after a transfer of 27,934 stocks
Trading picked up with 10,928,473 shares being traded for $91,325,752 compared with 7,673,086 units at $53,319,630 on Friday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The 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.
Pan Jamaica lost $1.49 to end at a 52 weeks’ low of $45.01 after an exchange of 374,708 units, Pulse Investments rose 25 cents to close at $2.50, but only after hitting an intraday 52 weeks’ low of $2 with an exchange of 927,882 shares, Portland JSX dipped $1.29 to $9.50, with 20,001 shares changing hand., Radio Jamaica fell to 7 cents to close at a 52 weeks’ low of $148 and traded 527,202 shares, following release of first quarter results showing flat revenues and a modest decline in its loss for the June quarter. Seprod lost 70 cents to close at $69.30 with 2,789 stock units clearing the market and Stanley Motta dropped 34 cents and ended at $4.51 after 9,489 stocks crossed the market.
Jamaica Public Service 7% shed $2 in closing at $50 in trading 1,993 shares and 138 Student Living preference share climbed $6.50 to end at $99.98 with shareholders swapping a mere one stock unit.
lower than on Thursday, after 58 securities were traded compared to 56 on Thursday and ended with prices of 20 stocks rising, 19 falling and 19 unchanged.
The All Jamaican Composite Index shed 2,943.11 points to end at 353,626.53, the JSE Main Index dropped 2,292.56 points to 321,234.17 and the JSE Financial Index dipped 0.95 points to 70.47.
Guardian Holdings fell $20 to $420 with investors transferring 22,192 stocks, Jamaica Broilers dipped 51 cents to close at $31.99 in an exchange of 42,648 stock units, Kingston Properties popped 52 cents and ended at $7.42, with 6 units clearing the market. Pan Jamaica rose 50 cents to $46.50, with 341 stocks crossing the market, Proven Investments rose 94 cents to $23, with 4,451 shares changing hands, Sagicor Group climbed 48 cents to end at $44.98 with an exchange of 29,517 stocks. Scotia Group dipped 50 cents to close at $34, with 22,601 units crossing the market, Stanley Motta rallied 35 cents to end at $4.85 with investors swapping just one stock unit and Sygnus Credit Investments climbed 54 cents and ended at $12.04 after trading 21,558 shares.
JMMB Group 7% preference share advanced 31 cents to $2.25, with 950 stocks crossing the exchange and 138 Student Living preference share rose $8.50 to close at $93.48 after 218 shares passed through the market.
A total of 15,739,565 shares were traded for $290,871,744 compared to 18,751,692 units at $102,393,251 on Wednesday.
The All Jamaican Composite Index slipped 201.95 points to finish at 356,569.64, the JSE Main Index shed 2,566.81 points to 323,526.73 and the JSE Financial Index fell 0.90 points to end trading at 71.43.
GraceKennedy fell $1.48 in closing at $76.02 while 182,784 stocks passed through the market, Jamaica Producers advanced 95 cents in closing at $20.15 after an exchange of 2,032 stock units. Jamaica Stock Exchange dropped $1 to close at $10 in an exchange of 334,799 shares, Margaritaville increased 79 cents to $16.59, with 1,000 units crossing the market, Massy Holdings gained $2.01 to end at $103 after investors exchanged 1,549 units. Mayberry Investments lost 40 cents and ended at $8.30, with 9,296 stocks crossing the market, NCB Financial dropped $4.11 to end at $69.99 after the price hit an intraday 52 weeks’ low of $52 with shareholders swapping 3,241,324 stock units, 138 Student Living advanced 40 cents in closing at $4.51 in trading 32 shares. Pan Jamaica declined 50 cents and ended at $46 in an exchange of 5,984 units, Sagicor Group shed 50 cents to close at $44.50, with stakeholders exchanging 17,585 shares, Seprod dropped 50 cents to close at $70 while trading 11,984 stocks.
Supreme Ventures rose $1.18 and ended at $28.79 with a transfer of 692 stock units and Sygnus Credit Investments dipped 59 cents to close at $11.50, with 1,809 stock units changing hands.