Trading on the Jamaica Stock Exchange US dollar market dropped back on Monday with the market Index losing 7.40 points to finish at 249.02 at the start of a new month, after a 621 percent jump in the volume of stocks changing hands and a 184 percent rise in value over market activity on Friday and resulted in the trading of seven securities, compared to six on Friday and ended, with one rising, three declining and three ending unchanged.
Overall, 1,296,152 shares were traded for US$30,168 compared with 179,896 units at US$10,636 on Friday.
Trading averaged 185,165 units at US$4,310 versus 29,983 shares at US$1,773 on Friday, in comparison June ended with an average of 60,969 units for US$3,967.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share fell 1.4 cents to 4.1 US cents after an exchange of 123,596 shares, Productive Business Solutions rose 5 cents to close at US$1.80 as investors exchanged two stock units, Proven Investments remained at 16 US cents after a transfer of 8,186 stocks.
Sterling Investments ended at 1.6 US cents with an exchange of 9,796 units, Sygnus Credit Investments shed 1.7 cents in closing at 10 US cents with a transfer of 10,261 shares and Transjamaican Highway lost 0.28 of a cent in ending at 1.65 US cents after 1,144,302 units passed through the market.
In the preference segment, JMMB Group 6% ended at US$1.184 after an exchange of 9 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for JSE USD Market
Slippage for JSE USD Market
The Jamaica Stock Exchange US dollar market slipped at the end of trading on Thursday, following a 34 percent drop in the volume of stocks changing hands and a 93 percent fall in value compared to trading on Wednesday, resulting from trading in eight securities, compared to nine on Wednesday with three rising, three declining and two ending unchanged.
Overall, 323,116 shares were traded for US$20,789 compared with 490,501 units at US$293,958 on Wednesday.
Trading averaged 40,390 units at US$2,599 compared with 54,500 shares at US$32,662 on Wednesday, with a month to date average of 62,192 shares at US$4,054 compared to 63,403 units at US$4,135 on the previous day. Trading in May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index dipped 1.51 points to finish at 246.91.
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 one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.01 of a cent to 5.5 US cents with shareholders exchanging 135 shares, Margaritaville popped 0.37 of one cent and ended at 11.48 US cents with a transfer of 4,000 stocks, Productive Business Solutions fell 19 cents in closing at US$1.70 after an exchange of 3,001 units.
Proven Investments popped 0.1 of a cent to 16 US cents as investors exchanged 41,690 stock units, Sterling Investments ended at 1.6 US cents with an exchange of 39,750 stocks, Sygnus Credit Investments ended at 11.7 US cents after an exchange of 38,501 units and Transjamaican Highway declined 0.03 of a cent to 1.6 US cents after hitting an intraday high of 1.93 US cents, with 196,036 shares clearing the market.
In the preference segment, JMMB Group 6% shed 0.5 of a cent and ended at US$1.184 in an exchange of 3 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading Jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market jumped sharply on Wednesday, with the volume of stocks changing hands rising 168 percent valued 1,536 percent more than on Tuesday and resulted in trading of nine securities, down from 13 on Tuesday with seven rising and two ending unchanged.
A total of 490,501 shares were exchanged for US$293,958 versus 183,070 units at US$17,969 on Tuesday.
Trading averaged 54,500 units at US$32,662 versus 14,082 shares at US$1,382 on Tuesday, with a month to date average of 63,403 shares at US$4,135 compared with 63,997 units at US$2,233 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index rallied 7.05 points to 248.42.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.3 and 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 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 rose 0.27 of a cent in closing at 5.49 US cents with shareholders swapping 2,667 shares, Margaritaville climbed 1.89 cents to close at 11.11 US cents in switching ownership of 14 stocks, MPC Caribbean Clean Energy remained at 60 US cents after an exchange of 1,536 units. Productive Business Solutions rose 5 cents to US$1.89 as investors exchanged 145,397 stock units,
Proven Investments popped 0.2 of a cent to end at 15.9 US cents after trading in 37,125 stock units, Sterling Investments ended at 1.6 US cents and closed with an exchange of 2,512 shares. Sygnus Credit Investments rose 0.21 of a cent to 11.7 US cents with an exchange of 90 stocks and Transjamaican Highway gained 0.19 of one cent to end at a record high of 1.63 US cents with an exchange of 300,539 units.
The preference segment, Productive Business 9.25% preference share rallied US$1 and ended at US$12.50, with 621 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Several stocks rise on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 30 percent valued 31 percent lower than on Monday, resulting in the trading of 13 securities, up from six on Monday with seven rising, two declining and four ending unchanged.
A total of 183,070 shares were traded for US$17,969 compared with 261,038 units at US$25,992 on Monday.
Trading averaged 14,082 shares at US$1,382 compared with 43,506 units at US$4,332 on Monday, with a month to date average of 63,997 shares at US$2,233 compared with 69,315 units at US$2,324 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated EquitiesI index gained 18.64 points to end at 241.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 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 popped 0.81 cents to close at 5.22 US cents in switching ownership of 16,705 shares, MPC Caribbean Clean Energy ended at 60 US cents while exchanging 89 units, Productive Business Solutions advanced 27.94 cents to US$1.84 after one stock unit passed through the market.
Proven Investments declined 0.3 of a cent to end at 15.7 US cents as investors traded 6,257 stocks, Sterling Investments remained at 1.6 US cents with an exchange of 92,300 stock units, Sygnus Credit Investments ended at 11.49 US cents with 55,584 units changing hands. Sygnus Real Estate Finance USD share rose 0.02 of a cent to end at 11 US cents after a transfer of 4,369 shares and Transjamaican Highway popped 0.02 of a cent to 1.44 US cents with shareholders swapping 7,000 stocks.
In the preference segment, Productive Business 9.25% preference share fell US$1.50 and ended at US$11.50 in an exchange of 650 units, Eppley 6% preference share remained at US$1.40 after 3 stocks were traded, JMMB Group 5.5% gained 30 cents in ending at US$2.30 with an exchange of one share, JMMB Group 5.75% climbed 20 cents to end at US$2.10, with 22 stock units changing hands and JMMB Group 6% rallied 13.9 cents to close at US$1.189 and closed with trading of 89 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 9,586,592 shares were traded for $132,203,147 down from 25,472,457 units at $247,227,632 on Friday.
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 traded 319,722 shares and lost 5 cents in closing at a 52 weeks’ low of $65.95, Pan Jamaica fell 89 cents to close at $53 as investors traded 67,386 units. Proven Investments shed $2.77 to end at $23.03 after an exchange of 2,213 stock units, Sagicor Group declined $1 to close at $48 with a transfer of 68,657 stocks, Scotia Group increased 50 cents to $34.50, with 25,150 units crossing the market. Seprod gained $1.22 to end at $78.22 while investors traded 30,940 shares, Supreme Ventures fell $1.55 to $29.45 with a transfer of 265,619 stocks, Sygnus Credit Investments rallied 32 cents to close at $12.98 after 45,666 stock units crossed the exchange and Sygnus Real Estate Finance dipped $1.15 to $11 trading 1,100 shares.
In the preference segment, Jamaica Public Service 7% shed $9.50 and ended at $57.50 in an exchange of 224 stock units, JMMB Group 7% preference share fell 38 cents to $2 with 657 units changing hands and 138 Student Living preference share advanced $3 in closing at $88 with shareholders swapping 18 stocks.
Expectations are that the Junior Market will continue its upward movement in the second half of the year with technical indicators pointing to a big upward push in the market. The market gained 75 percent the last time these indicators flashed a buy signal.
The top performing stock is
A total of 25,472,457 shares were traded for $247,227,632 compared to 22,306,090 units at $206,410,617 on Thursday.
The All Jamaican Composite Index jumped 2,559.69 points to 370,573.93, the JSE Main Index climbed 1,645.95 points to settle at 332,034.93 and the JSE Financial Index popped 0.03 points to close at 72.95.
GraceKennedy rose $1 to end at $79 after 5,286 stock units changed hands, Jamaica Broilers lost $2.69 and ended at $35 as 286,206 units passed through the market, Jamaica Producers declined 30 cents and closed at $20.20, with trading in 20,000 shares, JMMB Group climbed $3.05 to $33 in an exchange of 270,782 stock units, Margaritaville rallied $3.45 to $18.05 in an exchange of 139 stocks, Pan Jamaica gained $4.77 to close at $53.89 after a transfer of 28,566 stocks, Proven Investments increased 80 cents to end at $25.80 with an exchange of 54,507 shares, Sagicor Group shed $1.50 in closing at $49 with 360,766 units clearing the market, Scotia Group dipped 74 cents to $34, with stakeholders exchanging 96,185 stock units, Seprod advanced $1.90 to $77 as investors exchanged 62,597 stocks, Supreme Ventures jumped $3.50 to end at $31 after 4,418,487 stock units crossed the exchange.
In the preference segment, Eppley 7.50% preference share gained 47 cents to close at $7.17 in trading 269 shares, Jamaica Public Service 7% advanced $9.50 to close at $67 with investors transferring 6 units and 138 Student Living preference share rallied $10.20 ended at $85 with trading in 1,072 shares.
A total of 22,105,112 shares were traded for $190,093,496, compared to 33,792,800 units at $1,151,873,370 on Tuesday.
The All Jamaican Composite Index rose 2,113.23 points to end at 367,304.17, the JSE Main Index popped 902.81 points to 329,758.18 and the JSE Financial Index dipped 0.11 points to end at 72.78.
Jamaica Producers rose 50 cents in closing at $20.50 with stakeholders trading 889,716 units, Kingston Wharves fell 95 cents to $29, with 3,005,614 stocks changing hands, Massy Holdings declined $1 and ended at $100 after an exchange of 4,001 shares. Mayberry Investments dipped 30 cents to $8.20 in trading 12,349 stocks, MPC Caribbean Clean Energy popped $10.99 to end at $71 with investors transferring 2,479 shares, NCB Financial dropped 52 cents to end at $66.98 with a transfer of 223,094 units, Pan Jamaica increased $3.45 to $53.95 in switching ownership of 33,947 stock units, Proven Investments climbed 48 cents to $25.78 in an exchange of 7,723 stocks. Pulse Investments rallied 47 cents in closing at $2.52 after trading in 136,273 stock units, Sagicor Group fell 49 cents to close at $50.01 after 6,044 shares changed hands, Seprod popped 45 cents to end at $75.50 in trading 3,898 units and Supreme Ventures rose 60 cents and ended at $28.47 after 98,942 units crossed the exchange.
In the preference segment, Productive Business 10.50% preference share lost $50 to close at $1200 in an exchange of 131 stock units, Eppley 7.25% preference share dipped $2.81 to $16.19 with one stock changing hands. Eppley 7.50% preference share lost $1.08 in closing at $6.09 after a transfer of 1,000 shares, Jamaica Public Service 7% advanced $10.57 to close at $50 with an exchange of 8 stock units and JMMB Group 7.25% due 2024 preference share declined 31 cents to $1.74, with 133,290 stocks crossing the market.
A total of 33,792,800 shares were traded for $1,151,873,370 compared to 15,466,316 units at $140,081,944 on Monday.
The All Jamaican Composite Index rose 772.25 points to 365,190.94, the JSE Main Index fell 518.40 points to 328,855.37 and the JSE Financial Index slipped 0.22 points to 72.89.
First Rock Real Estate dropped $1.05 to $9.25 with a transfer of 6,241 units, Guardian Holdings dived $32 to a 52 weeks’ closing low of $421 as investors traded 42 shares, Jamaica Stock Exchange lost 59 cents in closing at $11.50 with investors trading 56,596 stock units. JMMB Group dropped $1.56 and ended at $29.90 after an exchange of 2,817 stocks, Mayberry Investments fell 49 cents to close at $8.50 after a transfer of 1,123 units, Proven Investments lost 50 cents in closing at $25.30 while exchanging 1,112 stock units. Pulse Investments dropped 80 cents to end at $2.05 with shareholders swapping 361,533 shares, Supreme Ventures climbed $1.87 to end at $27.87 after exchanging 696,327 units and Sygnus Credit Investments fell $1.38 and ended at $13.02 with an exchange of 266,897 stocks.
In the preference segment, Eppley 7.75% preference share advanced $1.02 to $20.02 with stakeholders exchanging one stock, Jamaica Public Service 7% declined $6.96 to close at $39.43 in trading 1,151 stock units, JMMB Group 7.25% preference share dipped 53 cents in closing at $3.53 and closed at 284 shares and 138 Student Living preference share shed $6.20 in closing at $74.80 in an exchange of 9 units.
The All Jamaican Composite Index advanced 2,765.06 points to end at 364,418.69, the JSE Main Index rose 1,421.14 points to 329,373.77 and the JSE Financial Index inched 0.18 points higher to 73.11.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 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.
Jamaica Stock Exchange advanced 64 cents to $12.09 after a transfer of 13,139 stock units, JMMB Group rose $2.46 to end at $31.46 in an exchange of 553,620 stocks, Kingston Properties climbed 57 cents to close at $7.70 while exchanging 109,567 units. Kingston Wharves rose $1.15 in closing at $29.95 as 7,155 shares passed through the market, Margaritaville dropped $3.71 and ended at $14.60 with investors trading 24 stocks, Massy Holdings dipped $1 to $101, with 395 stock units crossing the market. Pan Jamaica popped $2.28 to end at $50.28 as investors exchanged 10,292 units, Portland JSX rose $1.25 in closing at $11 in an exchange of 30,000 shares. Proven Investments gained 50 cents to $25.80 with stakeholders exchanging 51,318 shares, Scotia Group rallied $1.35 to end at $34 after an exchange of 160,437 stocks, Supreme Ventures lost 50 cents in ending at $26, with 2,067,664 units crossing the market and Sygnus Credit Investments increased $1.80 to close at $14.40 changing hands 772,349 stock units.
In the preference segment, Jamaica Public Service 7% dropped $2.28 in closing at $46.39 while trading 1,283 stocks, JMMB Group 7% preference share fell 30 cents to $1.70 with shareholders swapping 21,434 shares and 138 Student Living preference share lost $7 to end at $81 after 41 stock units passed through the market.