The Main Market of the Jamaica Stock Exchange suffered big losses in the market indices on Friday, following trading in 54securities compared with 57 on Thursday, with prices of 15 rising, 17 falling and 22 ending unchanged following a 37 percent decline in the volume of stocks traded with the value dropping 13 percent below trading on Thursday.
Trading ended with 10,233,836 shares being exchanged for $120,089,926 compared with 16,120,424 units at $137,525,796 on Thursday.
Trading averaged 189,515 shares at $2,223,888 versus 282,814 units at $2,412,733 on Thursday. Trading for the month to date averages 288,414 units at $2,166,508, compared with 293,471 units at $2,163,573 on the previous day. Trading in June closed with an average of 366,795 units at $6,952,581, that includes trading in bonds.
Wigton Windfarm led trading with 3.19 million shares for 31.2 percent of total volume, followed by Kingston Wharves with 2.81 million units for 27.5 percent of the day’s trade and Transjamaican Highway with 1.45 million units for 14.2 percent of the day’s trade.
The All Jamaican Composite Index shed 5,604.07 points to end at 360,086.67, the JSE Main Index declined 3,607.52 points to 325,270.08, and the JSE Financial Index lost 0.56 points to finish at 71.58.
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 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Producers added 78 cents in closing at $11.18 with investors swapping 28,762 shares, First Rock Real Estate climbed 54 cents to end at $10.04 with 3,205 stock units crossing the market, JMMB Group fell 80 cents to $27.20, with 167,745 units changing hands, Kingston Properties rallied 70 cents to close at $7.47 after 19,770 stocks were traded. Kingston Wharves declined $2.45 and ended at $27.55 with a transfer of 2,809,594 units, Margaritaville shed 90 cents to close at $13.90 with 2,802 stock units clearing the market, Mayberry Investments dipped 74 cents to end at $8.06 with stakeholders exchanging 7,661 shares,
NCB Financial dropped $1.54 to $73.45 in an exchange of 168,783 stocks. Palace Amusement gained 30 cents in closing at $2.35 in trading 28,924 stock units, Pulse Investments lost 50 cents and ended at $2.15 in switching ownership of 366,046 stocks, Supreme Ventures dipped $1.27 in closing at $27.83 after 42,691 shares passed through the market and Sygnus Real Estate Finance lost $1.90 in ending at $10.10 while exchanging 10,825 units.
In the preference segment, Jamaica Public Service 7% jumped $9 to end at $61.20 with an exchange of 20 units, Jamaica Public Service 9.5% popped $200 to $3,100 and closed after an exchange of 13 stocks, JMMB Group 7.25% preference share shed 44 cents to close at $2.49 after investors exchanged 599 stock units,
138 Student Living preference share rose $22 to $100 as investors traded one share and Transjamaican Highway 8% declined 40 cents in closing at $2 with a transfer of 78,265 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in JSE USD Market
Trading slipped on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 64 percent valued 83 percent less than Thursday, resulting in the trading of five securities, compared to six on Thursday with one rising, three declining and one ending unchanged.
A total of 394,211 shares were traded at US$7,160 compared to 1,106,224 units at US$42,488 on Thursday.
Trading averaged 78,842 shares at US$1,432 compared to 184,371 units at US$7,081 on Thursday, with a month to date average of 91,138 shares at US$2,901 compared to 91,697 units at US$2,968 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index dipped 1.26 points to end at 244.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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, Margaritaville fell 0.28 of one cent to 8.72 US cents as investors exchanged 2,802 shares, Proven Investments fell 0.4 of a cent to 14.5 US cents with investors trading 2,344 units. Sygnus Credit Investments dipped 0.01 of a cent to 10.92 US cents, with 564 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10.4 US cents after 4 stock units passed through the market and Transjamaican Highway added 0.01 of a cent in closing at 1.8 US cents, with stakeholders exchanging 388,497 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp trading jump for JSE USD Market
Trading jumped Thursday on the Jamaica Stock Exchange US dollar market ended, with a 1,155 percent surge in the volume of stocks changing hands following a 1,050 percent jump in value over Wednesday, as trading took place in six securities, compared to five on Wednesday and ended with the price of one rising, two declining and three ending unchanged.
Overall, 1,106,224 shares were traded at US$42,488, up sharply from 88,156 units at US$3,695 on Wednesday.
Trading averaged 184,371 shares at US$7,081 compared with 17,631 units at US$739 on Wednesday, with a month to date average of 91,697 shares at US$2,968 compared with 86,350 units at US$2,730 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index shed 5.25 points to close at 245.28.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 9. 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 ending with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents, with 26,240 shares crossing the exchange,
Margaritaville ended at 9 US cents, with stakeholders trading 33,987 units, Proven Investments rallied 0.05 of a cent to close at 14.9 US cents with investors exchanging 91,352 stock units. Sygnus Real Estate Finance USD share ended at 10.4 US cents with a transfer of 140 stocks and Transjamaican Highway fell 0.01 of a cent and ended at 1.79 US cents as investors exchanged 945,995 units.
In the preference segment, JMMB Group 6% lost 2 cents to close at US$1.06 after an exchange of 8,510 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on JSE USD Market
Trading declined on the Jamaica Stock Exchange US dollar market on Wednesday, with a 73 percent decline in the volume of stocks changing hands, with a 70 percent lower value than on Tuesday, resulting in trading in five securities, compared to seven on Tuesday, with two rising and three ending unchanged.
Overall, 88,156 shares were traded for US$3,695 down from 329,260 units at US$12,513 on Tuesday.
Trading averaged 17,631 units at US$739 compared to 47,037 shares at US$1,788 on Tuesday, with a month to date average of 86,350 shares at US$2,730 compared with 89,821 units at US$2,831 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index gained 2.51 points to close at 250.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 one with a lower offer.
At the close, Margaritaville ended at 9 US cents, with 24,513 shares changing hands, MPC Caribbean Clean Energy climbed 5.7 cents in closing at 62.7 US cents, with two units crossing the market. Productive Business Solutions ended at US$1.80 while trading 206 stocks, Sterling Investments ended at 2 US cents after an exchange of 10,005 units and Transjamaican Highway rallied 0.17 cents to close at 1.8 US cents with a transfer of 53,430 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 65 percent, valued 9 percent more than on Monday, resulting from trading in seven securities, compared to six on Monday with one rising, three declining and three ending unchanged.
Overall, 329,260 shares were traded for US$12,513 compared to 199,644 units at US$11,531 on Monday.
Trading averaged 47,037 shares at US$1,788 versus 33,274 units at US$1,922 on Monday, For the month to date an average of 89,821 shares were traded for US$2,831 compared with 93,076 stock units at US$2,910 on the previous day. Trading in June ended with an average of 60,969 shares for US$3,967.
The US Denominated Equities Index rallied 3.28 points to 248.03.
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 ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents while exchanging 25,107 shares, Margaritaville shed 0.35 of a cent to close at 9 US cents, with 400 stocks changing hands, MPC Caribbean Clean Energy ended at 57 US cents in trading 63 stock units. Proven Investments advanced 0.05 of a cent to 14.85 US cents as investors exchanged 200 stock units, Sygnus Credit Investments declined 0.02 of a cent to end at 10.93 US cents, with 150 stocks clearing the market and Transjamaican Highway dipped 0.01 of a cent and finished at 1.63 US cents with shareholders swapping 302,852 stock units.
In the preference segment, Productive Business 9.25% preference share ended at US$12.50 after an exchange of 488 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading dips as market index rises
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining a solid 66 percent, with a 62 percent lower value than on Friday, resulting in the trading of six securities, compared to nine on Friday, with three rising, one declining and two ending unchanged.
A total of 199,644 shares were traded at US$11,531 compared with 584,142 units at US$30,721 on Friday.
Trading averaged 33,274 shares at US$1,922 compared with 64,905 units at US$3,413 on Friday, with a month to date average of 93,076 shares at US$2,910 compared to 97,248 units at US$2,979 on the previous trading day. June ended with an average of 60,969 units at US$3,967.
The US Denominated Equities Index popped 5.89 points to finish at 244.77.
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 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 investors trading 1,300 shares, Productive Business Solutions ended at US$1.80, with nine stocks crossing the market, Proven Investments gained 0.8 of a cent to close at 14.8 US cents in trading 8,284 units. Sygnus Credit Investments increased 2.95 cents and ended at 10.95 US cents one stock crossing the market and Transjamaican Highway advanced 0.09 of a cent in closing at 1.64 US cents with 189,500 stocks changing hands.
In the preference segment, Productive Business 9.25% preference share fell 30 cents to close at US$12.50 with a transfer of 550 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 16,120,424 shares were traded for $137,525,796 compared to 6,033,114 units at $83,588,030 on Wednesday.
The All Jamaican Composite Index popped 2,392.06 points to 365,690.74, the JSE Main Index gained 2,674.68 points to close at 328,877.60 and the JSE Financial Index rose 0.19 points to settle at 72.14.
Jamaica Producers dipped $1.41 to $19.08 in an exchange of 261,531 stock units, Kingston Properties fell 72 cents to close at $6.77 with stakeholders exchanging 5,150 units, Margaritaville rose 80 cents to $14.80 after an exchange of 3,944 stocks, Massy Holdings popped $2.45 and ended at $101 with 15 units clearing the market, Mayberry Investments climbed 78 cents to $8.80 after exchanging 67 shares, Palace Amusement shed 40 cents ended at $2.05 and closed with an exchange of 15,238 stocks, Proven Investments increased 70 cents to end at $23.25 as investors exchanged 106 stock units. Sagicor Group lost $1 to close at a 52 weeks’ low of $44 with investors transferring 283,656 stocks, Seprod dipped $2.50 to close at $71 with investors trading 974 units and Supreme Ventures advanced 60 cents in closing at $29.10, as 100,722 stock units passed through the market.
138 Student Living preference share fell $9.24 in closing at $78, with 192 shares crossing the exchange, Productive Business Solutions 9.75% preference share gained $1.50 to end at $101.50 in switching ownership of 26 stock units and Transjamaican Highway 8% dropped 62 cents to close at $2.40, with 44,429 stocks changing hands.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of just 51 securities traded, down from 58 on Tuesday, with the price of 20 rising, 22 falling and nine ending unchanged.
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.
Jamaica Producers advanced 94 cents to $20.49 in trading 30,521 stocks, JMMB Group fell 78 cents and finished at $28 after trading 11,759 units, Kingston Properties popped 79 cents to $7.49, with 1,926 shares crossing the market, Mayberry Jamaican Equities rose 34 cents to $11.85, with 300 stocks changing hands,Proven Investments increased $1.05 in closing at $22.55 in switching ownership of 1,006 units, Sagicor Group declined by a $1 and ended at at 52 weeks’ closing low of $45 with an exchange of 490,085 stock units, Sagicor Real Estate Fund rallied 50 cents to end at $8.50 as 735 shares passed through the market,
Supreme Ventures shed 50 cents in closing at $28.50 while exchanging 22,292 stock units and Wisynco Group gained 38 cents to close at $17.99 after trading 19,485 stocks.
A total of 14,463,415 shares were traded for $168,226,895 compared to 16,376,768 units at $130,799,765 on Monday.
The All Jamaican Composite Index climbed 114.21 points to 365,552.78, the JSE Main Index fell 1,300.23 points to 328,046.78 and the JSE Financial Index shed 0.46 points to close at 72.56.
Margaritaville dipped $1.11 to end at $13.89 with an exchange of 400 stock units. Massy Holdings advanced 55 cents to $98.55 in an exchange of 36 stock units, Mayberry Investments fell 47 cents to $8.02 after exchanging 41,126 shares, Mayberry Jamaican Equities dropped 39 cents in closing at $11.51 with 37,576 stock units crossing the market, MPC Caribbean Clean Energy increased $7.12 to end at $78.32 as 126 units crossed over the exchange. NCB Financial climbed $1 to $75 after trading 1,370,510 stock units, Proven Investments lost $1.75 to close at $21.50, with 469 shares changing hands, Sagicor Real Estate Fund declined 35 cents and ended at $8 after closing with an exchange of 50,265 stocks. Seprod popped 50 cents to close at $73.50 with shareholders swapping 10,537 units, Supreme Ventures increased $1.01 in closing at $29 after a transfer of 67,440 stock units, Sygnus Real Estate Finance advanced $1.25 to $12.15 after an exchange of 795 shares.
to close at $2,803, with stakeholders exchanging two units, 138 Student Living preference share fell $15.39 in closing at $87.24 as investors traded 32 shares and Transjamaican Highway 8% rallied 60 cents to $3 in an exchange of 200 stock units.
A total of 16,376,768 shares were traded for $130,799,765 compared to 17,423,772 units at $113,062,974 on Friday.
The All Jamaican Composite Index gained 2,921.07 points to finish at 365,438.57, the JSE Main Index popped 1,479.39 points to 329,347.01 and the JSE Financial Index rose 0.25 points to 73.02.
Jamaica Producers increased 50 cents to end at $20.50 after a transfer of 25,601 units, Key Insurance lost 43 cents and ended at $2.51, with stakeholders exchanging 39,760 stock units, Kingston Wharves fell 55 cents to end at $29.25 after an exchange of 531 shares, Massy Holdings dropped 50 cents in closing at $98 after exchanging 12,898 stocks, Mayberry Investments advanced 33 cents to close at $8.49 while exchanging 591 stock units, NCB Financial declined 99 cents to $74 with investors transferring 809,369 units, Seprod dipped $1.10 and ended at $73 after 1,514 shares crossed the market, Supreme Ventures popped 50 cents in closing at $27.99 with a transfer of 5,700 stocks, Sygnus Credit Investments rallied $1.20 to $12.37 in an exchange of 84,056 stocks and Victoria Mutual Investments declined 37 cents to end at $3 in trading 319,190 units.
Jamaica Public Service 7% dropped $8.80 to close at $61.20 with 403 stock units clearing the market, Productive Business Solutions 9.75% preference share shed $2 after it ended at $100 in switching ownership of 571 units and Transjamaican Highway 8% fell 65 cents to $2.40 with shareholders swapping 436 stocks.