The Jamaica Stock Exchange US dollar market suffered a sharp reversal of recent gains with the market index diving 26.46 points to close at 231.58 after Productive Business Solutions had a massive decline in price on Thursday, after the volume of stocks changing hands declining 22 percent with a 187 percent greater value than on Wednesday, resulting in trading in eight securities, similar to the number traded on Wednesday and ended with two rising, four declining and two ending unchanged.
Overall, 758,093 shares were traded for US$42,021 compared with 966,219 units at US$14,629 on Wednesday.
Trading averaged 94,762 units at US$5,253 versus 120,777 shares at US$1,829 on Wednesday. Trading month to date average 39,721 shares at US$1,550 versus 36,460 units at US$1,331 on the previous day. November ended with an average of 33,854 units for US$3,351.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.7 of a cent to 7.9 US cents after swapping 415,000 shares, MPC Caribbean Clean Energy dipped 5 cents to close at 60 US cents, with 866 stock units changing hands, Productive Business Solutions fell 44.6 cents in closing at US$1.804 after trading 57 units.
Proven Investments popped 0.15 of a cent to 19.3 US cents trading 23,226 stocks, Sterling Investments dropped 0.18 of a cent to end at 2 US cents in an exchange of 13,256 units and Transjamaican Highway shed 0.07 of a cent after ending at 0.9 of one US cents in trading 304,858 shares.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.67 as investors exchanged one stock unit and JMMB Group 5.75% ended at US$1.50 with a transfer of 829 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big fall for JSE USD Market
Trading up for USD Market
Trading picked up on the Jamaica Stock Exchange US dollar market ended on Wednesday, following the long Christmas holiday break and closed with the volume of stocks changing hands rising 10,805 percent valued 1,994 percent more than on last week Friday and resulted in the trading of eight securities, similar to that on Friday and closed with four rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index gained 5.46 points to end at 258.04.
A total of 966,219 shares were traded for US$14,629 compared with 8,860 units at US$699 on Thursday. Trading averaged 120,777 shares at US$1,829 versus 1,108 units at US$87 last Friday, with the month to date average of 36,460 units at US$1,331 compared to 31,148 shares at US$1,300 on the previous trading day. November ended with an average of 33,854 units for US$3,351.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, Productivity Business Solutions rose 12.86 cents to close at US$2.25 with investors transferring 104 stocks. Proven Investments climbed 0.07 of a cent to end at 18.57 US cents, with 315 units crossing the exchange,
Sterling Investments gained 0.18 of a cent in closing at 2.18 US cents with an exchange of 300 shares, Sygnus Credit Investments USD share shed 0.01 of a cent to end at 9.41 US cents after trading 52,922 units and Transjamaican Highway slipped 0.02 of a cent to 0.97 of one US cents with 911,831 shares crossing the market.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 in an exchange of one share, JMMB Group 6% fell 2 cents to close at US$1.05 as investors exchanged 731 stocks and Productivity Business 6% lost 95 cents to end at US$11.05 after 15 shares crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp fall in trading on the JSE USD market
Trading plunged on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 88 percent valued 97 percent lower than on Thursday and resulted in the trading of eight securities, compared to 11 on Thursday with two rising, five declining and one ending unchanged.
Only 8,860 shares were traded for a mere US$699 compared to 73,385 units at US$24,703 on Thursday.
Trading averaged 1,108 units at US$87 versus 6,671 shares at US$2,246 on Thursday, with the month to date average of 31,148 shares at US$1,300 compared with 33,168 units at US$1,381 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 2.02 points to end at 252.58.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share dropped 0.3 of a cent to 7.2 US cents after trading 4,366 shares, Margaritaville dipped 2.1 cents in ending at 11.9 US cents with a transfer of 52 stock units, MPC Caribbean Clean Energy lost 5 cents to close at 65 US cents with investors transferring 50 stocks.
Proven Investments climbed 0.07 of a cent to 18.57 US cents, with 1,038 units crossing the exchange, Sterling Investments declined 0.2 of a cent in closing at 2 US cents with an exchange of 2,277 stock units, Sygnus Credit Investments J$ share remained at 13.62 US cents in an exchange of five stocks. Sygnus Credit Investments USD share shed 0.2 of a cent to end at 9.4 US cents after trading 1,023 units and Transjamaican Highway rose 0.07 of a cent to 0.99 of one US cents with 49 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market jumps
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 11 percent and the value jumping 92 percent and resulting in 11 securities traded, compared to seven on Wednesday with one rising, four declining and six ending unchanged.
A total of 73,385 shares were traded for US$24,703 up from 65,972 units at US$12,493 on Wednesday.
Trading averaged 6,671 shares at US$2,246, compared with 9,425 shares at US$1,785 on Wednesday, with a month to date average of 33,168 units at US$1,381 versus 35,867 units at US$1,293 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 6.41 points to end at 250.56.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 stocks ended with a bid higher than the last selling price and one ended with a lower offer.
At the close, First Rock Real Estate USD share remained at 7.5 US cents in trading 2,717 shares, MPC Caribbean Clean Energy ended at 70 US cents while exchanging 100 stock units, Productive Business Solutions gained 19.29 cents to US$2.1214 after 325 stocks passed through the market.
Proven Investments fell 0.5 of a cent in closing at 18.5 US cents with an exchange of 59,239 units, Sygnus Credit Investments USD share shed 0.3 of a cent after ending at 9.6 US cents trading 2,160 units, Sygnus Real Estate Finance USD share declined 1.54 cents to end at 11 US cents in exchanging one stock unit and Transjamaican Highway dipped 0.08 of a cent to close at 0.92 of a US cent after a transfer of 1,199 units.
In the preference segment, Equityline Mortgage Investment preference share ended at US$1.67 in an exchange of one share, JMMB Group 5.5% remained at US$2 as investors exchanged 729 stocks. JMMB Group 5.75% ended at US$2 with investors transferring 3,838 units and JMMB Group 6% closed at US$1.07, with 3,076 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 10,927,858 shares were exchanged for $93,711,234 versus 22,138,197 units at $73,392,960 on Wednesday.
The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Guardian Holdings lost $10 at $635, with 86 stock units changing hands. JMMB Group rallied $2.39 to end at $33.99 trading 53,129 stocks, Kingston Wharves increased $1.74 in closing at $32.34 after trading of 48,456 shares, NCB Financial advanced 68 cents to close at $79.88 with 41,709 shares clearing the market. Palace Amusement climbed $122 to $1497 in switching ownership of 597 stocks, Proven Investments declined $1.85 to $26.15, with 504 stock units crossing the market, Sagicor Group rose $6 to $53 with the swapping of 302,574 units. Scotia Group increased $2.68 in closing at $34.73, with 2,714 stocks crossing the market, Seprod rallied $1.95 to end at $70 after an exchange of 7,754 stock units, Sygnus Credit Investments gained $1 to close at $13.39 as investors exchanged 42,870 shares and
Wisynco Group popped 50 cents to end at $17.50 with investors transferring 56,412 units.
A total of 22,138,197 shares were traded for $73,392,960 compared with 21,211,534 units at $157,346,195 last Friday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 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 and August 2023.
GraceKennedy shed $1 in ending at $81 after 12,747 stock units were traded, Jamaica Broilers gained $1.50 in closing at $31 with an exchange of 623,672 stocks, Jamaica Stock Exchange popped 61 cents to close at $15.71 in trading 52,801 stocks. JMMB Group declined 50 cents to $31.60 after exchanging 8,845 stock units, Mayberry Investments advanced 90 cents in closing at $8.90, with 106,593 units crossing the market, NCB Financial dipped 80 cents to $79.20 while trading 11,501 shares. Palace Amusement rallied $196 to end at $1,375 after 767 stocks changed hands, Proven Investments increased $1.90 to $28 as 4,084 units were exchanged, Sagicor Group fell $1.49 to close at $47 as 156,887 shares passed through the market. Scotia Group dropped $2.85 to $32.05 after exchanging 75,345 stock units,
Stanley Motta lost 70 cents to close at $4.01, with 29,682 shares changing hands and Sygnus Credit Investments shed 61 cents in closing at $12.39 with investors transferring 8,766 units.
A total of 21,211,534 shares were traded for $157,346,195 compared to 7,586,543 units at $112,182,540 on Thursday.
The All Jamaican Composite Index rose 3,483.04 points to settle at 384,467.83, the JSE Main Index popped 2,968.49 points to settle at 344,963.23 and the JSE Financial Index rose 1.11 points to settle at 83.14.
GraceKennedy climbed $1 to $82 and closed with an exchange of 8,337 stocks, Guardian Holdings climbed $15 to $645 as investors exchanged 640 units. Jamaica Broilers advanced 46 cents to $29.50 while exchanging 74,794 stock units, Mayberry Investments rose 75 cents to $8 with an exchange of 22,100 shares, Palace Amusement dropped $65.99 in closing at $1179 after exchanging 113 units. Proven Investments shed $2.30 in ending at $26.10 21,006 stock units passed through the market, Sagicor Group advanced 89 cents to end at $48.49 after trading 48,096 stocks, Seprod dipped 44 cents in ending at $68.06 with a transfer of 1,008 shares and Supreme Ventures increased $1.20 to close at $30.49 with 117,285 stock units clearing the market.
In the preference segment, Eppley 5% preference share popped $1.45 to $22.48, with 2,213 shares crossing the market.
A total of 7,586,543 shares were traded for $112,182,540 versus 68,370,391 units at $766,972,565 on Wednesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 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 and August 2023.
NCB Financial advanced $1.98 to end at $80 with an exchange of 6,908 units, Palace Amusement popped $44.99 to close at $1244.99 with investors transferring 422 stock units, Portland JSX climbed 97 cents in ending at $10.47, with nine shares clearing the market. Proven Investments gained $1.40 to $28.40, with 1,071 units crossing the exchange, Sagicor Group declined 40 cents in closing at $47.60 after trading 252,369 stocks, Scotia Group popped $1.41 to $34.90 after a transfer of 620,050 stock units. Supreme Ventures shed 71 cents in ending at $29.29 with 14,623 units crossing the market and Sygnus Credit Investments gained 96 cents to close at $13 as 5,215 stocks passed through the market.
In the preference segment, Jamaica Public Service 9.5% dipped $40 to end at $2960 in switching ownership of two shares.
A total of 68,370,391 shares were traded for $766,972,599 up from 8,931,395 units at $95,827,826 on Tuesday.
The All Jamaican Composite Index gained 2,594.86 points to 382,179.92, the JSE Main Index rose 86.10 points to 340,467.96 and the JSE Financial Index slipped 0.10 points to settle at 81.32.
Guardian Holdings lost $10.56 after ending at $617.44, with 101 shares crossing the exchange. Jamaica Broilers rose 99 cents to end at $29.99 in exchanging 4,458,470 stock units, Jamaica Stock Exchange dipped 70 cents in closing at $15.10 as 4,480 stocks passed through the market, Mayberry Investments rallied $1.45 to close at $8.45 in an exchange of 31,281 stock units. NCB Financial shed 98 cents to a 52 weeks’ low of $78.02 as investors exchanged 96,216 shares, Palace Amusement dropped $190 to end at $1200 after an exchange of 887 units, Proven Investments declined $1.48 to close at $27 with investors transferring 15,830 stocks. Seprod fell $1.25 in closing at $68.50, with 10,735 stock units crossing the market and Sygnus Credit Investments dipped 46 cents in ending at $12.04 after a transfer of 5,281 shares.
In the preference segment, Eppley 7.25% preference share shed $2.83 in ending at $17.17 after an exchange of 799 stocks, Productive Business Solutions 9.75% preference share gained $5 in closing at $107 after trading just six stocks and Transjamaican Highway 8% fell 45 cents to $1.75 with an exchange of 67,330 units.
Investors traded 8,931,395 shares for $95,827,826 up from 6,957,337 units at $65,589,778 on Monday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.1 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 and August 2023.
Jamaica Producers dipped 40 cents in ending at $22.50 with the swapping of 2,524 stocks. Jamaica Stock Exchange gained 70 cents to close at $15.80 2,319 units crossing the market, Mayberry Investments lost $1.12 to end at $7 in switching ownership of 13,928 shares, NCB Financial fell $1 in closing at $79 with investors transferring 37,348 shares. 138 Student Living lost 65 cents to end at $5, with 35,284 stocks changing hands, Palace Amusement dropped $60 to end at $1390 in trading 437 units, Portland JSX dropped 98 cents in closing at $9.50 while exchanging 294 stock units. Sagicor Group rallied 50 cents to $48 after a transfer of 163,197 stocks, Scotia Group rose $1.25 to $33.50 after an exchange of 249,922 shares, Stanley Motta advanced 49 cents to close at $5.09 trading 200 stock units and Sygnus Real Estate Finance dipped $1.50 to close at $9.50 in exchanging 1,000 units.
In the preference segment, Eppley 7.50% preference share shed $1.15 in closing at $6.60 while 7 units passed through the market.