The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market rising after 88 percent fewer shares than on Wednesday, with only positive price movement for stocks.
At the close of the market, trading ended with seven securities changing hands compared to five on Wednesday and closed with the prices of two stocks rising, none declining and five ending unchanged.
The JSE USD Equities Index rose 2.66 points to settle at 192.56, with the average PE Ratio ending at 13 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 56,062 shares for US$22,966 compared to 458,934 units at US$36,108 on Wednesday.
The average trade for the day amounted to 8,009 units changing hands at US$3,281, in contrast to an average of 91,787 shares at US$7,222 on Wednesday. By comparison, September ended with an average of 84,017 units for US$10,590.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment gained 1 US cent to end at 9 US cents, with 286 stock units crossing the market, Proven Investments remained at 26 US cents exchanging 220 stock units. Sygnus Credit Investments held at 13 US cents after trading 8,000 stock units and Transjamaican Highway remained at 0.9 of a US cent, in clearing the market with 32,105 shares.
In the preference segment of the market, JMMB Group 5.50% remained at US$2.30, with an exchange of just one stock unit, JMMB Group 5.75% closed at US$2.01 trading 5,450 units and JMMB Group 6% rose 1 US cent to close at US$1.06, with 10,000 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for JSE USD market
JSE USD market ends September positively
Trading picked up on the US dollar market of the Jamaica Stock Exchange on Wednesday, with demand rising after investors traded 25 times more shares than on Tuesday, resulting in an even number of stocks rising and falling and the market closing higher than the August close.
At the close of the market, trading ended with five securities changing hands compared to four on Tuesday and ended with the prices of one stock rising, one declining and three remaining unchanged.
The JSE USD Equities Index climbed 4.66 points to settle at 189.90, rising one percent over August. The average PE Ratio ended at 12.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 458,934 shares, accounting for US$36,108 compared to 18,275 units at US$4,085 on Tuesday.
The average trade for the day amounted to 91,787 units changing hands at US$7,222, in contrast to an average of 4,569 shares at US$1,021 on Tuesday. Trading ended, with an average of 84,017 units for the month to date, for US$10,590 in contrast to 86,481 units at US$10,828 Tuesday. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment settled at 8 US cents, with 29,499 shares crossing the market, Proven Investments closed at 26 US cents in exchanging 749 stocks. Sygnus Credit Investments settled at 13 US cents, with 34,906 units changing hands and Transjamaican Highway lost 0.09 of a cent in ending at 0.90 of a US cent, with 381,000 stock units crossing the market.
In the preference segment of the market, JMMB Group 5.75% remained at US$2.01 after exchanging 12,780 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume rise, value falls on JSE USD market
The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market declining after investors traded 172 percent more shares than on Thursday, but with a much lower value resulting in an even number of stocks rising and falling.
At the close of the market, trading ended with four securities changing hands compared to three on Thursday and ended with the prices of two stocks rising and two declining. The JSE USD Equities Index dropped 1.65 points to settle at 186.85, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 553,018 shares, accounting for US$8,738 compared to 203,639 units at US$55,318 on Thursday.
The average trade for the day amounted to 138,255 units changing hands at US$2,185, in contrast to an average of 67,880 shares at US$18,439 on Thursday. Trading ended, with an average of 91,342 units for the month to date at US$11,799 in contrast to 88,161 units at US$12,429. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Productive Business Solutions advanced 5 US cents in closing at 75 US cents in trading 3,280 stock units, Proven Investments advanced 1 US cent and ended at 26 US cents exchanging 2,200 stocks. Sygnus Credit Investments lost eight-tenths of a cent and settled at 13.5 US cents in clearing the market with 9,670 stocks and Transjamaican Highway fell 1.3 cents to close at 0.81 of a US cent, with 537,868 stock units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rise in JSE USD market
The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market inching higher after traded 50 percent more shares than on Wednesday, resulting in more stocks rising than falling.
At the close of the market, trading ended with three securities changing hands compared to three on Wednesday and ended with the prices of two stocks rising, none declining and one remaining unchanged.
The JSE USD Equities Index carved out a gain of 0.70 points to settle at 188.50, with the average PE Ratio ending at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 202,039 shares, accounting for US$54,918 compared to 135,825 units at US$9,628 on Wednesday.
The average trade for the day amounted to 67,346 units changing hands at US$18,306, in contrast to an average of 45,275 shares at US$3,209 on Wednesday. Trading ended, with an average of 86,489 units for the month to date at US$11,724 in contrast to 87,553 units at US$11,359. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments carved out a gain of 1 US cent to end at 25 US cents with investors exchanging 196,519 shares and Sygnus Credit Investments gained 1.3 US cents to settle at 14.34 US cents in trading just 20 units.
In the preference segment of the market, JMMB Group 6% settled at US$1.05 in exchanging 5,500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.