Trading jumped Tuesday on the Jamaica Stock Exchange Main Market, with a 53 percent increased volume of stocks traded over Monday, as investors exchanged 7,889,885 shares, with 274 percent greater value of $136,235,111 versus 5,149,053 units at $36,443,360 on Monday and pushing the market value higher at the close.
Trading ended with 57 securities against 58 on Monday, with 22 rising, 23 declining and 12 ending unchanged.
The All Jamaican Composite Index rose 3,348.28 points to 431,124.89, the JSE Main Index climbed 2,441.47 points to 377,168.46 and the JSE Financial Index popped 0.72 points to 89.97.
Trading averaged 138,419 units at $2,390,090, compared to 88,777 shares at $628,334 on Monday and month to date, an average of 163,533 units at $1,583,820, compared to 165,057 units at $1,534,877 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Jamaica Broilers led trading with 1.91 million shares for 24.2 percent of total volume, followed by Sagicor Select Financial Fund with 1.62 million units for 20.5 percent of the day’s trade and Wigton Windfarm with 1.05 million units for 13.3 percent of market share.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six stocks with lower offers.
At the close, Barita Investments declined 70 cents to end at $88.06 with an exchange of 29,688 shares, Berger Paints gained 69 cents after finishing at $12.19 with five stock units crossing the exchange, Caribbean Cement rallied 51 cents to $63.49 with the swapping of 2,645 units. Jamaica Broilers rallied 50 cents to close at $29 in an exchange of 1,908,234 stocks, Jamaica Producers shed 49 cents in closing at $22 with 20,587 shares clearing the market, Jamaica Stock Exchange rose 95 cents in closing at $17.95 after exchanging 2,204 stocks. JMMB Group fell 54 cents to $42.91, with 405,966 stock units changing hands, Massy Holdings advanced 50 cents to close at $91 in trading 44,934 units, Mayberry Investments popped 59 cents to $10.59 after an exchange of 4,056 units. Mayberry Jamaican Equities fell 49 cents to end at $15.50, with 34,029 stock units crossing the market, but only after hitting a record high of $16. MPC Caribbean Clean Energy dropped $4 after ending at $81 in switching ownership of 173 stocks, NCB Financial shed $1.93 to close at $95.07, with 43,592 shares crossing the market. Palace Amusement climbed $136.63 to $890 after exchanging three units, PanJam Investment declined 50 cents in closing at $63.50 while exchanging 3,503 stock units, Portland JSX rose 50 cents to end at $8.50 trading 20 stocks. Proven Investments gained 64 cents after ending at $33.99 and finishing trading 12,649 shares, Salada Foods dropped 35 cents to close at a 52 weeks’ low of $5 in exchanging 28,295 units and is poised to fall further. Seprod advanced $2.90 to $71, with 8,519 stocks clearing the market.
Stanley Motta popped 50 cents in closing at $5.50, with 10,000 stock units crossing the exchange, Supreme Ventures climbed $1.60 to $30.60 after trading 151,914 shares and Sygnus Credit Investments lost 43 cents to $13.52, with 37,100 shares changing hands.
In the preference segment, 138 Student Living preference share increased $1.57, ending at a record closing high of $34, with 70 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market dips as trading climbs
Trading on Tuesday, with the volume of stocks traded surging 2,521 percent and the value popping a solid 1,220 percent more than on Monday and resulting in more stocks rising than falling at the close of the Jamaica Stock Exchange US dollar market.
A total of eight securities traded, compared to six on Monday with three rising, one declining and four ending unchanged.
Overall, 516,424 shares traded for US$42,336 up sharply from 19,706 units at US$3,207 on Monday. Trading averaged 64,553 units at US$5,292, versus 3,284 shares at US$535 on Monday, with month to date average of 39,443 shares at US$3,330 versus 37,583 units at US$3,185 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index lost 2.54 points to end at 206.18.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share popped 0.95 of a cent to 6.95 US cents in switching ownership of 9 shares,
Margaritaville rallied 2 cents in closing at 12 US cents in trading a mere one unit, Productive Business Solutions ended unchanged at US$1.14 and closed trading with 24 stocks. Proven Investments advanced 0.08 of a cent to 22.59 US cents in exchanging 169,160 stock units, Sygnus Credit Investments USD share finished at 11.99 US cents, with 13,005 stock units crossing the market, Sygnus Real Estate Finance USD share remained at 13 US cents while exchanging 191 stocks and Transjamaican Highway fell 0.02 of a cent in closing at 0.93 of one US cent after 334,032 shares changed hands.
In the preference segment, JMMB Group 6% ended at US$1.10 in exchanging two units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market gains on low volume
Trading ended on Monday on the Jamaica Stock Exchange US dollar market with the volume of stocks traded declining 97 percent and the value plunging 87 percent lower than on Friday, resulting in an even number of stocks rising and falling.
Overall, 19,706 shares traded for US$3,207 down from 755,182 units at US$24,741 on Friday. Trading averaged 3,284 units at US$535, versus 151,036 shares at US$4,948 on Friday, with a month to date average of 37,583 shares at US$3,185 compared to 39,601 units at US$3,341 on the previous trading day. June ended with an average of 71,901 units for US$8,793.
A total of six securities were traded, up from five on Friday, with two rising, two declining and two ending unchanged. The JSE US Denominated Equities Index rose 2.38 points to end at 208.73.
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 up to August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, Margaritaville ended at 10 US cents with 3,200 shares traded, MPC Caribbean Clean Energy rose 2 cents to close at US$1.40 with an exchange of 9 stock units, Proven Investments lost 0.49 of a cent in closing at 22.51 US cents while exchanging 4,443 stocks. Sygnus Credit Investments USD share shed 0.01 of a cent to end at 11.99 US cents in trading 11,437 units and Transjamaican Highway advanced 0.06 of a cent to 0.95 of one US cent in an exchange of 145 stock units.
In the preference segment, JMMB Group 6% finished at US$1.10 trading 472 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market falls
Trading on Thursday, with the volume and the value of stocks traded rising 103 percent respectively, than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in five securities traded, compared to eight on Wednesday with none rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index lost 3.17 points to end at 208.06. 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 year ending, up to August 2023.
Overall, 207,860 shares were traded for US$11,046 versus 102,227 units at US$5,437 on Wednesday. Trading averaged 41,572 units at US$2,209 compared to 12,778 shares at US$680 on Wednesday, with month to date average of 33,857 shares at US$3,258 versus 33,438 units at US$3,315 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share remained at 6 US cents while exchanging 87,279 shares, Proven Investments fell 1.13 cents to close at 23 US cents with 6,603 stocks crossing the exchange, Sygnus Credit Investments USD share ended unchanged at 12 US cents after trading 12,257 stock units and Transjamaican Highway lost 0.05 of a cent to end at 0.9 US cents with 100,000 units crossing the market.
In the preference segment, JMMB Group 6% finished at US$1.10 in an exchange of 1,721 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Declining stocks beat winners
Trading on the Jamaica Stock Exchange US dollar market on Wednesday ended with the volume of stocks traded rising 40 percent with 37 percent lower value than on Tuesday, resulting in eight securities trading, similar to Tuesday with two rising, four declining and two ending unchanged.
The JSE US Denominated Equities Index fell 0.99 points to close at 211.23. 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 up to August 2023.
Overall, 102,227 shares traded for US$5,437 compared to 73,220 units at US$8,686 on Tuesday.
Trading averaged 12,778 units at US$680, compared to 9,153 shares at US$1,086 on Tuesday, with a month to date average of 33,438 shares at US$3,315 versus 35,405 units at US$3,566 on the previous day. June ended with an average of 71,901 units for US$8,793.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 6 US cents with the swapping of 26,896 shares, Margaritaville dropped 2 cents to 10 US cents with an exchange of 12,514 stocks,
Proven Investments shed 0.12 of a cent in ending at 24.13 US cents after trading 909 stock units. Sterling Investments fell 0.11 cents to 2 US cents with 4,700 units changing hands, Sygnus Credit Investments USD share increased 0.58 of one cent to end at 12 US cents with 9,412 shares clearing the market, Sygnus Real Estate Finance USD share fell 0.15 of a cent in closing at 13 US cents after finishing trading 383 stocks and Transjamaican Highway ended at 0.95 of one US cent, with 46,834 units crossing the market.
In the preference segment, JMMB Group 6% rallied 0.13 of a cent to US$1.10 while exchanging 579 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The average trade on Monday was 88,777 units at $628,334, down from 165,836 shares at $2,086,009 on Friday and month to date, an average of 165,057 units at $1,534,877, compared to 170,079 units at $1,594,558 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
At the close, Caribbean Cement gained $1.05 in closing at $62.98 after exchanging 24,466 shares, Eppley dropped $1 to $41, with 129 units clearing the market, Eppley Caribbean Property Fund rallied 75 cents to $40.75 in exchanging 50 stock units. Guardian Holdings jumped $11.98 to close at $517.99 after trading 126 stocks, Jamaica Broilers lost 50 cents to end at $28.50 with an exchange of 20,724 stock units, Jamaica Producers advanced 49 cents to close at $22.49 with the swapping of 3,393 stocks. JMMB Group popped 45 cents to end at $43.45, with 63,231 units crossing the market, Massy Holdings fell 40 cents in ending at $90.50 in exchanging 101,719 shares, Mayberry Investments shed 40 cents to $10, with 39,553 shares crossing the market. Mayberry Jamaican Equities climbed $1.59 in closing at $15.99, with an exchange of 74,885 stock units, NCB Financial declined 95 cents in closing at $97 after exchanging 15,535 stocks, 138 Student Living fell 77 cents to close at $4.39 in switching ownership of 13,129 units. Palace Amusement dived $146.63 to a 52 weeks’ low of $753.37, with 530 units crossing the exchange, Proven Investments increased 35 cents to end at $33.35, with 7,977 stocks changing hands, Radio Jamaica dropped 36 cents to $2.47 in exchanging 218,628 shares and Stanley Motta lost 60 cents to $5 in trading 94,226 stock units.
In the preference segment, Eppley 7.25% preference share shed $1 to close at $20 in trading 1,389 shares, JMMB Group 7.25% due 2024 preference share lost 39 cents to end at $1.51 in trading 71,778 stock units and 138 Student Living s preference share jumped $2.94 in closing at a record $32.43 while exchanging 15 units, as the price defiles logic with a dividend yield of around three percent at the current price.
The All Jamaican Composite Index shed 4,182.94 points to 429,858.63, the JSE Main Index declined by 3,266.08 points to 375,964.66 and the JSE Financial Index lost 0.45 points to settle at 89.77.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
Proven Investments declined 98 cents in closing at $33, with 6,322 stock units crossing the market, Scotia Group shed $1 to end at $36 after exchanging 35,370 units and Supreme Ventures dropped $2.90 to close at $29.10 crossing the market 865,493 units.
The average trade for the day was 122,956 units at $1,198,987, in contrast to 137,769 units valued at $1,029,830 on Wednesday. The average volume and value for the month to date amounts to 170,350 units valued at $1,563,101 and previously, an average of 173,592 at $1,588,001. In contrast, June closed with an average of 281,913 units at $5,309,050.
The average PE ratio of the Main Market ended at 14 based on projected earnings for the current fiscal year.
Supreme Ventures shed $2.50 to $$32 in an exchange of 262,201 stocks, Sygnus Real Estate Finance increased $1.95 in closing at $$13 with 16,325 stock units traded, Victoria Mutual Investments shed 60 cents in closing at $$5.20 with the swapping of 109,009 stocks and 138 Student Living preference shares popped $3.34 to end at $$25.64 in an exchange of 743 stock units.
Investor’s Choice bid-offer indicator shows eight stocks ended with a bid higher than their last selling prices and three stocks with lower offers.
Seprod gained $3.23 at $71.30, with 12,522 shares crossing the exchange, Supreme Ventures increased $1.51 to close at a 52 week s’ high of $34.50 with an exchange of 499,205 stock units, Sygnus Real Estate Finance dropped $1.95 in closing at a 52 week s’ low of $11.05, with 9,700 units crossing the market and Wisynco Group declined 50 cents in closing at $18.75 with 238,799 stocks changing hands.
Overall, 11,308,755 shares were traded for $91,516,185 versus 6,753,577 units at $83,525,119 on Monday. Trading averages 194,979 units at $1,577,865, compared to 114,467 shares at $1,415,680 on Monday and month to date, an average of 176,489 units at $1,633,153, versus 174,862 units at $1,638,019 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
The All Jamaican Composite Index fell 1,135.65 points to 435,490.04, the JSE Main Index shed 1,091.49 points to 380,636.02 and the JSE Financial Index fell 0.19 points to settle at 90.55.
Supreme Ventures rose 96 cents to close at a 52 weeks’ closing high at $32.99 with 571,121 shares changing hands after trading at an intraday 52 weeks’ high. Sygnus Real Estate Finance popped 45 cents to close at $13 after trading 2,019 stocks and Wisynco Group dropped 85 cents to finish at $19.25 in an exchange of 114,459 units.