Trading declined on the Jamaica Stock Exchange Main Market on Monday with a modest decline in the volume of stocks traded, with 33 percent lower value than on Friday, after 61 securities were exchanged compared to 51 on Friday leading to 27 rising, 22 declining and 12 ending unchanged.
A total of 6,352,026 shares were traded for $49,169,596 down from 6,541,604 units at $73,470,799 on Friday.
Trading averaged 104,132 units at $806,059, versus 128,267 shares at $1,440,604 on Friday and month to date, an average of 103,264 units at $1,299,997, compared to 102,756 units at $1,589,711 on the previous trading day. November closed with an average of 202,406 units at $1,736,493.
Transjamaican Highway led trading with 2.61 million shares for 41 percent of total volume, followed by Sagicor Select Financial Fund, with 651,840 units for 10.3 percent of the day’s trade and Wigton Windfarm with 537,618 units for 8.5 percent market share.
The All Jamaican Composite Index dipped 1,730.75 points to 385,352.16, the JSE Main Index popped 147.08 points to 340,300.96 and the JSE Financial Index rose 0.26 points to settle at 81.72.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 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.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied $2.50 to end at $88 with the swapping of 25,783 shares, Berger Paints declined $1.35 ending at a 52 weeks’ low of $8.10 in trading 5,122 units, Caribbean Cement popped $2.30 to $59.30 with 100,610 stock units crossing the exchange.
Eppley dropped $9 to close at a 52 weeks’ low of $29 with an exchange of 5,455 stocks, Eppley Caribbean Property Fund shed $2.25 to end at $41.75 after trading 234 stocks, First Rock Real Estate popped $1.44 to end at $14.20 as investors exchanged 195 units. Guardian Holdings climbed $29.99 to $525 with a transfer of 143 stock units, Jamaica Broilers lost 40 cents in closing at $27.60 after a transfer of 1,409 shares, Jamaica Producers dipped $1.11 to $25.24 with 339,967 stocks changing hands. JMMB Group fell $1 to close at $33 in transferring 46,236 shares, Kingston Properties gained 65 cents to settle at $7.15 with 40,654 units crossing the market, Kingston Wharves dropped $1.85 to $30 in trading 39,058 stock units. Margaritaville advanced 44 cents to $23 in an exchange of 22 units, NCB Financial declined 95 cents to $82 with the swapping of 24,235 shares, Sagicor Group rose $2 to $53 after an exchange of 1,250 stock units. Scotia Group advanced 55 cents to $33.55 after 465,742 stocks passed through the market, Seprod rose $1.55 to $70.55 in an exchange of 4,994 stock units and Supreme Ventures dipped 94 cents to $27 in switching ownership of 4,078 shares.
In the preference segment, Eppley 5% preference share shed $3.37 in closing at $19.12 in switching ownership of 200 stocks, Eppley 7.75% preference share gained 50 cents to settle at $20.50 after a transfer of 200 units, 138 Student Living preference share surged $7.65 to $58.65 with 32 units clearing the market and Productive Business Solutions 9.75% preference share dropped $10 to close at $120 with investors transferring nine stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market slips on Friday
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged declining 98 percent less valued 95 percent lower than on Thursday, resulting trading in five securities, compared to nine on Thursday with one rising, one declining and three ending unchanged.
A total of 13,619 shares were traded for US$1,037 down from 584,733 units at US$20,685 on Thursday.
Trading on Friday averaged 2,724 units at US$207, compared with 64,970 shares at US$2,298 on Thursday, with a month to date average of 42,739 shares at US$1,552. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index lost 3.54 points to end at 226.24.
The PE Ratio, a measure that is used to compute appropriate stock values, averages 8.4. 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 two stocks ending with bids higher than the last selling prices and none with a lower offer.
At the close of the market, First Rock Real Estate USD share remained at 7.5 US cents with 501 shares changing hands, Proven Investments suffered a markdown of 1.36 cents to close at 18.53 US cents with trading of 2,170 stocks, Sterling Investments ended at 2.08 US cents after trading 100 units and Transjamaican Highway popped 0.01 of a cent to 0.96 of one US cent after a transfer of 10,602 stock units.
In the preference segment, JMMB Group 5.5% remained at US$2 in switching ownership of 246 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks mostly down on the JSE USD Market
Stocks mostly to close out trading on Thursday on the Jamaica Stock Exchange US dollar market, with a 30 percent decline in the volume of stocks exchanged, with 31 percent more value than on Wednesday, resulting in nine securities traded, compared to eight on Wednesday with one rising, five declining and three ending unchanged.
A total of 584,733 shares traded for US$20,685 compared to 834,596 units at US$15,756 on Wednesday.
Trading averaged 64,970 units at US$2,298, compared with 104,325 shares at US$1,969 on Wednesday. Trading in November averaged 33,913 units for US$3,363.
The JSE US Denominated Equities Index gained 1.73 points to end at 229.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. 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 one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share declined 0.44 of one cent to close at 7.5 US cents after exchanging 1,050 shares, Proven Investments fell 0.01 of a cent in closing at 19.89 US cents with 2,767 units crossing the market, Sygnus Credit Investments USD share dropped 0.36 of one cent ending at 9.5 US cents after trading 1,887 stocks.
Sygnus Real Estate Finance USD share ended at 11 US cents after 2,702 stock units were traded and Transjamaican Highway dipped 0.03 of a cent to 0.95 of one US cent in switching ownership of 567,818 stocks.
In the preference segment, JMMB Group 5.5% advanced 10 cents to US$2 after a transfer of 1,500 shares. JMMB Group 5.75% remained at US$1.50 after trading of 4,990 stock units, JMMB Group 5.75% C share shed 1 cent ending at US$1.99 after exchanging 1,500 units and JMMB Group 6% ended at US$1, with 519 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD Market
The volume and value of stocks trading on the Jamaica Stock Exchange US dollar market dropped sharply on Wednesday, with the volume dropping 20 percent after 73 percent less funds passed through the market compared to Tuesday, resulting in eight securities changing hands, compared to six on Tuesday with prices of four rising, two declining and two ending unchanged.
Overall, 834,596 shares were traded for US$15,756 from 1,042,094 units at US$58,208 on Tuesday.
Trading averaged 104,325 units at US$1,969, versus 173,682 shares at US$9,701 on Tuesday, with the month to date average of 33,913 shares at US$3,363 against 30,414 units at US$3,432 on the previous day. October ended with an average of 40,972 shares for US$2,277.
The JSE US Denominated Equities Index gained 5.92 points to end at 228.05.
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 prices and two with lower offers.
At the close, First Rock Real Estate USD share lost 0.05 of a cent in closing at 7.94 US cents with investors transferring 263 shares, Margaritaville remained at 14 US cents in an exchange of just one stock unit, MPC Caribbean Clean Energy dropped 10 cents to close at 55 US cents after 731 units were traded.
Proven Investments rallied 1.8 cents to 19.9 US cents after 24,457 stocks were traded, Sterling Investments gained 0.08 cents to end at 2.08 US cents in switching ownership of 5,000 stocks, Sygnus Real Estate Finance USD share rose 0.5 of a cent to 11 US cents with four shares crossing the exchange and Transjamaican Highway popped 0.08 of a cent in closing at 0.98 of one US cents with a transfer of 801,169 shares.
In the preference segment, JMMB Group 6% ended at US$1 while exchanging 2,971 units.
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 ended on Tuesday, with the volume of stocks exchanged rising 483 percent, with the value surging 1,046 percent more than Monday’s levels, resulting in six securities trading, compared to eight on Monday with three rising, one declining and two ending unchanged.
A total of 1,042,094 shares were traded for US$58,208 up sharply from 178,840 units at US$5,077 on Monday.
Trading averaged 173,682 shares at US$9,701 versus 22,355 units at a mere US$635 on Monday, with a month to date average of 30,414 shares at US$3,432 compared with 24,869 units at US$3,190 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.78 points to end at 222.13.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 8.4. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial year ends between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, First Rock Real Estate USD share gained 0.89 of a cent in ending at 7.99 US cents after an exchange of 364,350 shares,
MPC Caribbean Clean Energy remained at 65 US cents in trading three stocks, Proven Investments fell 1.27 cents to close at 18.1 US cents with 129,276 units changing hands. Sygnus Credit Investments USD share climbed 0.34 of a cent to 9.86 US cents in switching ownership of 363 stock units and Transjamaican Highway rallied 0.04 of a cent to 0.9 of one US cent after exchanging 547,000 units.
In the preference segment, JMMB Group 6% ended at US$1 with 1,102 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of only 6,541,604 shares were traded for $73,470,799 compared with 4,145,005 units at $91,859,137 on Thursday.
The All Jamaican Composite Index fell 2,262.98 points to 387,082.91, the JSE Main Index dropped 1,596.95 points to close at 340,153.88 and the JSE Financial Index lost 0.53 points to end at 81.46.
Berger Paints shed 55 cents to close at $9.45 with 42,000 units changing hands, Caribbean Cement dropped $1 to end at $57 in switching owners of 510,980 stocks. Eppley Caribbean Property Fund advanced $2.60 to $44 with the swapping of 3,216 stock units, Jamaica Producers gained $1.85 to close at $26.35 with an exchange of 488,659 stock units, JMMB Group rallied $2 to $34 in trading 10,324 shares. Kingston Wharves climbed $4.14 to $31.85 with 2,368 units crossing the market, Mayberry Investments rose 52 cents in ending at $7.35 in exchanging 9,032 stocks, PanJam Investment advanced $1.40 to $57.40 with investors transferring 1,902 stock units. Portland JSX fell $1.50 to close at $9 after trading 5,000 units, Pulse Investmentspopped 40 cents to end at $3.05 with the swapping of 639,000 stocks, Sagicor Group lost $1.98 in closing at $51 in exchanging 53,740 shares.
Scotia Group gained 85 cents to end at $33 in switching ownership of 16,736 units, Supreme Ventures rallied $1.93 to $27.94 with a transfer of 114,752 stocks and Sygnus Credit Investments was marked up by $1.40 to $12.90 trading 2,942 shares.
A total of just 4,145,005 shares were exchanged for $91,859,137 compared with 9,955,147 units at $296,663,488 on Wednesday.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 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.
JMMB Group shed $1 to close at $32 in trading 10,770 units, Kingston Properties dipped $1.40 to $6.50 after 2,410 stocks were traded, Kingston Wharves shed $7.29 to a 52 weeks’ closing low of $27.71 with an exchange of 159,645 stock units. Margaritaville popped $2.05 to end at $22.56 with 87 units changing hands, Massy Holdings dropped $1 in closing at $80 as investors exchanged 500,356 stock units, Mayberry Jamaican Equities rallied 90 cents to $13.40 with investors transferring 1,000 shares. NCB Financial lost 50 cents to end at $83 trading 13,197 stocks, PanJam Investment fell $2.30 to $56 in an exchange of 70,016 units, Proven Investments advanced $1.74 to $27.96 with the swapping of 9,557 shares. Pulse Investments lost 40 cents to a 52 weeks’ closing low of $2.65 after exchanging 539,781 stock units, Sagicor Group dipped $1.12 in ending at $52.98 in transferring 94,741 stocks, Scotia Group fell $2.05 to $32.15 in switching ownership of 37,516 stocks. Seprod shed $1.50 in closing at $69 after an exchange of 4,669 stock units, Supreme Ventures advanced $1.04 to $26.01 with the swapping of 114,979 shares,
Sygnus Credit Investments declined $1.41 to $11.50 after exchanging 19,800 units. Sygnus Real Estate Finance gained $1.20 to end at $10.20 with an exchange of 2,501 shares and Wisynco Group lost $1.21 to close at $17.20 in trading 293,941 stock units.
Investors traded 9,955,147 shares valued at $296,663,488 compared with 5,681,384 units at $75,914,996 on Tuesday.
The PE Ratio, a formula to used to determine 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 and August 2023.
Jamaica Stock Exchange rose $2 to end at $16.90 with investors exchanging 231,852 stocks. JMMB Group advanced $1.50 to close at $33 in switching ownership of 40,583 shares, Kingston Properties popped $1 to end at $7.90 with a transfer of 299,908 stock units, Kingston Wharves gained $1.59 to end at $35, with investors exchanging 421,611 stocks. Margaritaville climbed $4.29 to $20.51 with one unit changing hands, Mayberry Jamaican Equities dropped $1 to finish at $12.50 with the swapping of 29,336 stock units, MPC Caribbean Clean Energy popped $5 to $83 after a transfer of 731 shares. NCB Financial lost $1.50 to end at $83.50 in trading 48,621 stock units, Portland JSX gained $1.50 in closing at $10.50 in exchanging 182 units, Proven Investments shed $1.38 to $26.22 with the swapping of 6,563 stocks. Sagicor Group rose $5.10 to $54.10 trading 1,221,619 shares, Scotia Group climbed $1.70 to $34.20 with 65,373 stock units clearing the market, Seprod rallied $3.50 to $70.50 in exchanging 1,766,351 shares. Stanley Motta gained 98 cents in closing at $5.45 with 1,001,953 units changing hands, Supreme Ventures rose 76 cents to end at $24.97 as investors switched ownership of 44,665 stocks,
Victoria Mutual Investments rallied 80 cents to $3.80 in an exchange of 114,134 stocks and Wisynco Group gained 41 cents to settle at $18.41 with a transfer of 737,192 units.
Five stocks traded at 52 weeks’ low including Jamaica Stock Exchange, JMMB Group ordinary share, Palace Amusement, VM Investments and JMMB Group 7.35% preference share.
Wigton Windfarm with 790,724 units for 13.9 percent of the day’s trade and Wisynco Group with 687,585 units for 12.1 percent market share.
At the close, Caribbean Producers rallied 54 cents to $12.59 in switching ownership of 8,568 shares, Eppley Caribbean Property Fund dipped $3.97 to $36.02 trading 100 stock units, First Rock Real Estate climbed $1.94 in closing at $15 with investors trading 385,998 stocks. Guardian Holdings declined $5.10 after ending at $495 trading 6,641 units, Jamaica Broilers rose 54 cents to $27.40 with 51,941 stocks clearing the market, Jamaica Stock Exchange fell $1.03 to a 52 weeks’ low of $14.90 with an exchange of 28,942 units. JMMB Group shed 90 cents to end at a 52 weeks’ low of $31.50 as investors transferred 212,943 shares, Kingston Wharves lost 59 cents in closing at $33.41 after 361,343 stock units crossed the exchange, Palace Amusement dropped $39 in ending at a 52 weeks’ low of $621 with four units changing hands. Sagicor Group popped $1 to close at $49 trading 65,818 stocks,
Scotia Group lost $1.70 to settle at $32.50 as investors transferred 33,492 shares, Seprod dipped $1.99 to $67 with the swapping of 56,540 stock units and Victoria Mutual Investments fell 95 cents to a 52 weeks’ low of $3 with 209,695 units changing hands.
A total of 12,752,567 shares were exchanged for $123,366,397 versus 6,765,232 units at $141,934,681 on Friday.
The All Jamaican Composite Index rose 1,072.14 points to 382,725.04, the JSE Main Index shed 767.80 points to end at 337,292.65 and the JSE Financial Index shed 0.97 points to close at 80.11.
Eppley rallied $5.65 in closing at $38.65 after a transfer of 3,000 units. Eppley Caribbean Property Fund climbed $3.49 to $39.99 with 249 stocks changing hands, Guardian Holdings dropped $58.85 to end at $500.10, with 146 shares clearing the market, JMMB Group shed 60 cents to close at $32.40 in exchanging 15,598 units. Kingston Properties rose 43 cents to $6.99 in trading 98,000 stocks, Kingston Wharves popped 55 cents to $34 with the swapping of 190,708 stock units, Massy Holdings advanced 50 cents in ending at $81 after trading 564 stock units. NCB Financial gained 90 cents in closing at $84.90 after exchanging 202,064 stocks, Palace Amusement fell $59.01 to $660 with the swapping of 56 shares, Proven Investments rose 98 cents to $27.98 as investors exchanged 9,113 units. Scotia Group popped $1.45 to close at $34.20 after trading 2,803 shares, Seprod declined $1.01 to $68.99 with an exchange of 3,281 stock units,
Stanley Motta dipped 48 cents to $4.47 with investors transferring 4,237 stocks and Supreme Ventures shed 79 cents to close at $24.21 in an exchange of 265,908 units.