Trading activity fell on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 72 percent valued 77 percent less than on Friday and resulted in eight securities traded, compared to seven on Friday, with three rising, two declining and three ending unchanged.
Overall, 163,158 shares were traded for US$18,456 compared with 590,378 units at US$81,708 on Friday.
Trading averaged 20,395 units at US$2,307, down from 84,340 shares at US$11,673 on Friday, with month to date average of 36,527 shares at US$3,624 compared with 37,630 units at US$3,714 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 1.20 points to end at 217.04.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share rallied 0.48 of a cent to 7.49 US cents after an exchange of 2,925 shares, Proven Investments increased 1.94 cents to 20.94 US cents in trading 46,134 units,
Sterling Investments remained at 1.99 US cents, with 3,500 stock units crossing the exchange. Sygnus Real Estate Finance USD share dropped 1.48 cents to end at 9.5 US cents, with 3,119 stocks being traded and Transjamaican Highway climbed 0.06 of a cent in closing at 0.97 US cents after a transfer of 102,490 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 in an exchange of 4 units, JMMB Group 5.75% fell 3 cents in closing at US$1.97 after 3,000 stocks were traded and JMMB Group 6% remained at US$1 as investors exchanged 1,986 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for the JSE USD market
JSE USD stocks dip on increased volume
Trading activity jumped on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks changing hands rising 54 percent valued 241 percent more than on Thursday, resulting in the trading of seven securities, compared to eight on Thursday with three rising, four declining and no ending unchanged.
Overall, 590,378 shares were traded for US$81,708 compared with 384,296 units at US$23,978 on Thursday.
Trading averaged 84,340 units at US$11,673 versus 48,037 shares at US$2,997 on Thursday, with a month to date average of 37,630 shares at US$3,714 up from 34,657 units at US$3,207 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index dipped 0.89 points to end at 218.24.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share inched 0.01 of a cent higher to 7.01 US cents 20,150 shares crossing the exchange, Proven Investments shed 1 cent to close at 19 US cents in an exchange of 385,657 stock units, Sterling Investments rose 0.04 of a cent to 1.99 US cents after trading 500 units.
Sygnus Credit Investments USD share dropped 0.2 of a cent to 9.5 US cents with the swapping of 45,995 stocks, Sygnus Real Estate Finance USD share dipped 0.02 of a cent in closing at 10.98 US cents in an exchange of 73 shares and Transjamaican Highway fell 0.04 of a cent to 0.91 of one US cent in switching ownership of 138,000 stock units.
In the preference segment, Productive Business 9.25% preference share gained 45 cents in ending at US$11 with a transfer of just three stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE USD market
Prices fell on the Jamaica Stock Exchange US dollar market ended on Thursday and pulled the market index down sharply following a 12 percent decline in the volume of stocks changing hands as the value dropped 53 percent compared with Wednesday, resulting in eight securities trading, compared to five on Wednesday with one rising, four declining and three ending unchanged.
The JSE US Denominated Equities Index dropped 10.15 points to end at 219.13.
Overall, 384,296 shares were traded for US$23,978 down from 437,499 units at US$50,829 on Wednesday.
Trading averaged 48,037 shares at US$2,997 compared to 87,500 shares at US$10,166 on Wednesday, with a month to date average of 34,657 shares at US$3,207 compared with 33,608 units at US$3,224 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share shed 0.2 of a cent to close at 7 US cents while exchanging 283,417 shares, Productive Business Solutions dipped 14 cents to end at US$1.55 with a transfer of 229 stock units,
Proven Investments popped 0.95 of one cent in closing at 20 US cents after a transfer of 11,632 stocks. Sterling Investments ended at 1.95 US cents with 13,576 units crossing the exchange, Sygnus Credit Investments USD share slipped 0.3 of a cent to 9.7 US cents after a transfer of 3,026 stocks, Sygnus Real Estate Finance USD share ended at 11 US cents after exchanging 1,353 units and Transjamaican Highway declined 0.01 of a cent in closing at 0.95 of one US cent in an exchange of 71,000 stock units.
In the preference segment, JMMB Group 6% remained at US$1 with the swapping of 63 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading volume of stocks jumps higher
Trading picked up sharply on the Jamaica Stock Exchange US dollar market on Wednesday, with a 797 percent rise in the volume of stocks changing hands, valued 463 percent more than on Tuesday and resulting in the trading of five securities, compared to nine on Tuesday with none rising, two declining and three ending unchanged.
A total of 437,499 shares were traded for US$50,829, up sharply from 48,759 units at US$9,034 on Tuesday.
Trading averaged 87,500 units at US$10,166 compared with 5,418 shares at US$1,004 on Tuesday, with a month to date average of 33,608 shares at US$3,224 compared with 30,830 units at US$2,866 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index gained 2.87 points to end at 229.28.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and two with lower offers.
At the close, Proven Investments declined 0.85 of a cent to close at 19.05 US cents with 49,271 shares clearing the market,
Sygnus Credit Investments USD share remained at 10 US cents exchanging 360,215 units and Transjamaican Highway lost 0.01 of a cent in closing at 0.96 of one US cent after trading 23,300 stock units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 with 58 stocks changing hands and JMMB Group 6% ended at US$1 in switching ownership of 4,655 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading levels plunge of JSE USD market
Trading on the Jamaica Stock Exchange US dollar market declined sharply on Tuesday, with the volume of stocks changing hands falling 70 percent and the value 70 percent lower than on Monday, resulting from trading in nine securities, compared with five on Monday with one rising, four declining and four ending unchanged.
Just 48,759 shares were traded for US$9,034 down from 162,532 units at US$29,630 on Monday.
Trading averaged 5,418 units at US$1,004 versus 32,506 shares at US$5,926 on Monday, with a month to date average of 30,830 shares at US$2,866 compared to 33,429 units at US$3,056 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index rose 0.19 points to end at 227.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share fell 0.59 of a cent to close at 7.2 US cents in trading 38,000 shares, MPC Caribbean Clean Energy ended at 60 US cents with a transfer of 175 stock units, Productive Business Solutions remained at US$1.69 and finishing with eight units changing hands.
Sygnus Credit Investments J$ share ended at 13.28 US cents as 223 stocks passed through the market, Sygnus Credit Investments USD share ended at 10 US cents with 6,103 shares clearing the exchange, Sygnus Real Estate Finance USD share declined 1.4 cents to end at 11 US cents in trading 832 stocks and Transjamaican Highway gained 0.02 of a cent in closing at 0.97 US cents after trading 205 stock units.
In the preference segment, JMMB Group 5.75% shed 30 cents to close at US$2, with 2,225 units changing hands and JMMB Group 6% lost 9.01 cents in ending at US$1 after 988 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 9,807,711 shares were traded for $34,195,444 compared to 9,464,712 units at $128,636,676 on Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings climbed $8 to close at $520 with a transfer of 170 units, JMMB Group lost 40 cents to end at $34 in exchanging 79,318 stock units. Massy Holdings fell $1.42 to close at $78.58 in trading 44,995 shares, Mayberry Jamaican Equities advanced $1.09 to $12.99 after swapping of 1,305 stocks, MPC Caribbean Clean Energy dropped $8 to $75 with investors transferring 1,124 stocks. Portland JSX rose $1.10 in ending at $11.50 after three shares passed through the market, Sagicor Group declined $1.99 to close at $48.51 trading 19,963 stock units, Seprod dipped $1.49 to $67.50 as investors exchanged 9,530 units and Sterling Investments shed 47 cents to $2.60 trading 26,099 stocks.
In the preference segment, JMMB Group 7% preference share gained 59 cents in closing at $2.84 transferring 31 shares.
A total of 9,464,712 shares were exchanged for $128,636,676 versus 12,878,672 units at just $32,824,074 on Thursday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
GraceKennedy shed $1.05 to finish at $79 with the swapping of 185,510 units, Jamaica Producers lost 89 cents to end at $20 after an exchange of 152,479 stock units, JMMB Group popped 51 cents to close at $34.40 as investors traded 63,698 shares. Kingston Wharves dipped 48 cents to $34.52 with 1,560 stocks changing hands, Mayberry Investments rose 87 cents to $8.87 with a transfer of 8,489 units, Mayberry Jamaican Equities dropped $1.10 to close at $11.90 in trading 35,760 stock units. NCB Financial shed $1.40 after ending at $78.60 in switching ownership of 132,060 shares, 138 Student Living rallied 65 cents to close at $4.97 after 190 stocks cleared the market, Palace Amusement traded 252 shares with a gain of 2 cents to close at a 52 weeks’ high of $2,100, PanJam Investment declined $3.09 in closing at $55.01 with the swapping of 16,506 units. Seprod advanced $1.54 to $68.99 after an exchange of 11,020 stock units,
Sygnus Credit Investments dipped 42 cents to end at $12.58 with 41,177 shares changing hands and Sygnus Real Estate Finance rose $1.35 to close at $10.35 in switching ownership of 4,253 stock units.
A total of 12,878,672 shares were traded for $32,824,074 compared with 3,798,109 units at $31,876,506 on Wednesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.6 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings dropped $8 to close at $512 after a transfer of 289 units, Jamaica Stock Exchange declined $1.38 after ending at $13.52 after 650 stocks changed hands, Kingston Properties gained 49 cents to close at $7.29 after a transfer of 1,774 stock units. Kingston Wharves lost 40 cents in closing at $35 in trading 284 stocks, NCB Financial popped $1.50 to $80 in swapping 25,551 shares, Palace Amusement jumped $249.98 to a 52 weeks’ high of $2,099.98 in exchanging 797 units. PanJam Investment dipped 90 cents in closing at $58.10 with 1,356 units changing hands, Proven Investments declined $2.38 to $30 with investors transferring 8,825 stocks, Sagicor Group lost 50 cents to end at $50.50 after trading 2,769 stock units. Scotia Group gained 75 cents to close at $34 after an exchange of 106,838 shares, Stanley Motta shed 60 cents to finish at $4.20 as investors transferred 14,070 units, Supreme Ventures lost 47 cents in ending at $27.50 with an exchange of 724 shares.
Sygnus Credit Investments declined 97 cents in closing at $13 trading 21,385 stock units and Wisynco Group shed 69 cents to end at $17 in clearing the market with 95,594 stocks.
A total of 3,798,109 shares were traded for $31,876,506,down from 7,367,753 units at $142,989,772 on Tuesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Kingston Properties dipped 51 cents to $6.80 with 21,200 shares changing hands, Kingston Wharves shed 48 cents to end at $35.40 in swapping 159 stock units, Mayberry Investments lost 58 cents after finishing at $8.27 in an exchange of 9,044 units. NCB Financial declined $1.48 to $78.50, trading 30,418 stock units, 138 Student Living dropped 67 cents to $4.30 with a transfer of 15,687 shares, Palace Amusement popped $50 to close at $1,850 after 232 stocks cleared the market. PanJam Investment dipped $1, ending at $59 as investors switched ownership of 15,557 stock units, Proven Investments advanced $2.38 to close at $32.38 with 3,616 units changing hands, Sagicor Group rose $1 in closing at $51, trading 61,922 shares. Scotia Group declined $1.64 to $33.25 after exchanging 815 stocks and Sygnus Credit Investments rallied $1.17 after ending at $13.97 in transferring 47,726 stock units.
A total of 7,367,753 shares were traded for $142,989,772 up from 5,922,099 units at $55,983,304 on Monday.
Main Index advanced 1,861.07 points to 343,622.12 and the JSE Financial Index rose 0.39 points to close at 82.12.
First Rock Real Estate gained $1 to end at $12.93 after investors swapped 7,947 stocks. Guardian Holdings rose $4 to $520 with 332 units changing hands, Jamaica Broilers advanced $1.93 to $30 in trading 23,850 stock units, Jamaica Producers fell $1.38 to $20.12 after 163,499 stock units cleared the market. Mayberry Investments rallied 52 cents to end at $8.85 with a transfer of 9,479 stocks, NCB Financial climbed $1.98 to $79.98 trading 308,007 shares, Palace Amusement dropped $95 to close at $1,800 after 208 units were exchanged. Proven Investments shed $1 ending at $30 with investors swapping 5,852 stock units, Sagicor Group declined $4 to close at $50 in exchanging 15,057 stocks, Scotia Group popped 89 cents to $34.89 in switching ownership of 59,513 units. Seprod gained $1.40 in ending at $67.45 with 19,093 shares changing hands and Stanley Motta popped 58 cents in closing at $4.98 trading 18,204 units.