Jamaica Stock Exchange Main Market trading ended on Wednesday with the volume of shares rising 36 percent and the value climbing 23 percent higher than on Tuesday, resulting in rising stocks exceeding those declining and a small slippage in the market index.
The All Jamaican Composite Index shed 70.86 points to 435,448.73, the JSE Main Index slipped 542.98 points to close at 393,620.97 and the JSE Financial Index lost 0.62 points to end at 96.61.
A total of 51 securities traded compared to 52 on Tuesday, with 21 rising, 19 declining and 11 ending unchanged.
The PE Ratio, a formula used in computing appropriate stock values, averages 16.2. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 11,065,478 shares were exchanged for $62,731,563 compared to 8,130,493 units at $50,843,578 on Tuesday. QWI Investments led trading with 31.3 percent of the volume with an exchange of 3.46 million shares followed by Wigton Windfarm with 27.9 percent for 3.08 million units, Transjamaican Highway contributed 13.1 percent with 1.45 million units and Sagicor Select Financial Fund traded 1.07 million units for 9.7 percent market share.
Trading averaged 216,970 units at $1,230,031 compared to 156,356 shares at $977,761 on Tuesday and month to date, an average of 167,471 units at $1,168,166, up from 163,483 units at $1,163,182 on the prior day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Eppley shed $1 to end at $35.50 trading 1,000 shares, First Rock Capital rallied 79 cents in closing at $10.94 with 12,561 units crossing the exchange, GraceKennedy lost $1 to finish at $99 in switching ownership of 70,289 stocks. Guardian Holdings dropped $3 to close at $527 in transferring 2,697 stock units, Jamaica Broilers rose $1.67 after ending at $28.68 and exchanging 7,271 stocks, Jamaica Producers popped $1.18 to close at $23.33 with the swapping of 96,499 units. Jamaica Stock Exchange rose 80 cents to end at $17.50 in trading 55,004 shares, JMMB Group lost 30 cents to settle at $38.20 with 39,833 stock units changing hands, Kingston Properties gained 65 cents to close at $9.50 with 508 stocks clearing the market. Margaritaville advanced $2.52 to $19.32 in switching ownership of 810 units, NCB Financial shed $1 to end at $126 with a transfer of 101,383 shares, PanJam Investment advanced $1.50 to end at $68, with 102,501 stock units crossing the market.
Proven Investments gained 50 cents in closing at $33.50 with an exchange of 14,092 units, Radio Jamaica popped 49 cents to close at $3.99 in trading 143,083 shares, Sagicor Group shed 56 cents to end at $52.44 with the swapping of 20,047 stocks. Scotia Group fell $1.95 to $35.05 in an exchange of 34,101 shares, Supreme Ventures gained 35 cents to close at $17.85 with 17,119 stock units changing hands, Sygnus Credit Investments rose 39 cents to end at $14.89 after transferring 148,586 stocks. Sygnus Real Estate Finance advanced $2.23 to $18.25 in exchanging 2,400 shares and Wisynco Group declined 55 cents in closing at $17 with the swapping of 74,844 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Moderate JSE USD trading
Trading on Wednesday, ended with the volume of shares changing hands slipping marginally but with a 94 percent plunge in the value compared to Tuesday’s trading, at the close of the Jamaica Stock Exchange US dollar market and ended with more stocks falling than rising.
Five securities changed hands, compared to seven on Tuesday with one rising, three declining and one ending unchanged. The JSE US Denominated Equities Index rose 0.26 points to end at 203.99.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratios use ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 683,860 shares traded, for US$9,230 compared to 689,580 units at US$151,286 on Tuesday.
Trading averaged 136,772 units at US$1,846 versus 98,511 shares at US$21,612 on Tuesday and the month to date averaged 73,420 shares at US$4,701 versus 68,829 units at US$4,908 on the previous day. December ended with an average of 439,975 units for US$68,382.
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 Capital USD share climbed 0.2 of a cent to 6.5 US cents in exchanging 500 shares, Proven Investments shed 0.44 of one cent to end at 23.5 US cents, with 410 stocks crossing the market, Sterling Investments finished unchanged at 2.1 US cents trading 10,939 units. Sygnus Credit Investments USD share lost 0.4 of one cent in ending at 12 US cents, with 28,861 stock units changing hands and Transjamaican Highway declined 0.03 of a cent in closing at 0.83 US cents after trading 643,150 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD market
Trading on Tuesday ended with the volume of shares changing hands declining 18 percent with a 1,050 percent surge in the value of trades than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in declining stocks edging out those that rose.
Seven securities traded, compared to eight on Monday with two rising, three declining and two ending unchanged. The JSE US Denominated Equities Index popped 1.49 points to end at 203.73.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year, up to August 2022.
Overall, 689,580 shares traded, for US$151,286 compared to 842,964 units at US$13,152 on Monday.
Trading averaged 98,511 units at US$21,612, compared to 105,371 shares at US$1,644 on Monday and month to date averages 68,829 shares at US$4,908 versus 65,478 units at US$3,022 on Monday. December ended with an average of 439,975 units for US$68,382.
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 Capital USD share fell 0.59 of a cent to 6.3 US cents trading 1,083 shares, Margaritaville remained at 11.5 US cents as 56,639 stock units were swapped, Proven Investments climbed 1.22 cents in closing at 23.94 US cents after exchanging 598,780 stocks. Sygnus Credit Investments USD share declined 0.3 of a cent before ending at 12.4 US cents and trading 10,437 units, Sygnus Real Estate Finance USD share finished at 14 US cents in exchanging 41 stock units and Transjamaican Highway popped 0.01 of a cent to 0.86 of one US cent with an exchange of 17,600 shares.
In the preference segment, JMMB Group 6% lost 4 cents in closing at US$1.01 in an exchange of 5,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume up value down
Trading on Monday, on the Jamaica Stock Exchange US dollar market ended with the volume of shares changing hands surging 295 percent but the value ended 63 percent lower than on Friday and resulted in more stocks rising than falling.
Trading ended with eight securities changing hands, compared to nine on Friday with two rising, one declining and five ending unchanged.
The JSE US Denominated Equities Index lost 2.48 points to end at 202.24.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 842,964 shares traded for US$13,152 compared to 213,364 units at US$35,831 on Friday. Trading averaged 105,371 units at US$1,644, compared to 23,707 shares at US$3,981 on Friday, with the month to date averaging 65,478 shares at US$3,022 versus 59,568 units at US$3,226 on the prior trading day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price nor with a lower offer.
At the close, 5,894 shares of Margaritaville were exchanged at 11.5 US cents, Proven Investments ended at 22.72 US cents, with 15,029 stock units crossing the market, Sterling Investments swapped 11,211 stocks at 2.1 US cents.
Sygnus Credit Investments USD share rallied 0.3 of a cent to close at 12.7 US cents, with 14,105 units changing hands, Sygnus Real Estate Finance USD share traded 494 shares at 14 US cents and Transjamaican Highway lost 0.05 of a cent in closing at 0.85 of one US cents after exchanging 796,064 stocks.
In the preference segment, Eppley 6% ended unchanged at 98 US cents in switching ownership of 101 units and JMMB Group 5.75% rose 23.5 cents to close at US$1.735 trading 66 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD market
Trading on Friday, climbed sharply by 105 times Thursday’s trade with 213,364 shares changing hands for US$35,831 in contrast to just 2,031 units at US$355 on Thursday at the close of the Jamaica Stock Exchange US dollar market, after the number of securities trading tripled the number on Thursday.
Nine securities traded, compared to three on Thursday with prices of two rising one declining and six trading unchanged. The JSE US Denominated Equities Index rose 0.83 points to end at 204.72.
The PE Ratio, a measure used to determine stock values, averages 12.7 at the close of trading on Friday. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Trading averaged 23,707 units at US$3,981, compared to 677 shares at US$188 on Thursday and month to date averages 59,568 shares at US$3,226 versus 66,740 units at US$3,075 on the previous trading day. December averaged 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and no stock with a lower offer.
In Trading, First Rock Capital USD share ended at 6.89 US cents, with 8,750 units trading, Margaritaville closed at 11.5 US cents with 55,150 shares changing hands, MPC Caribbean had an exchange of 27 stock units at $1.242,
Proven Investments traded 122,129 units with the price rising 0.07 of a cent to 22.72 US cents. Sygnus Credit Investments lost 0.06 of a cent in closing at 12.4 cents with 4,277 shares changing hands, Sygnus Real Estate finished at 14 US cents trading 679 stock units and Transjamaican Highway traded 22,210 shares at 0.9 US cents.
In the preference segment, Eppley 6% exchanged just 3 units at 98 cents and JMMB Group 5.75% preference share gained 4 cents to close at US$2.14 with 139 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume surges pushing prices up
A big 442 percent surge in the volume of shares trading on Wednesday, pulled out 41 percent less funds than on Tuesday, as the close of the Jamaica Stock Exchange US dollar market ended with a pickup in the market index as six securities changed hands, up from four on Tuesday with four rising one declining and one ending unchanged.
The JSE US Denominated Equities Index rose 1.17 points to end at 205.04. The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 1,538,362 shares traded, for US$28,126 compared to 283,917 units at US$47,378 on Tuesday.
Trading averaged 256,394 units at US$4,688, compared to 70,979 shares at US$11,844 on Tuesday and month to date averaging 71,459 shares at US$3,286 versus 40,636 units at US$3,052 on Tuesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share ended with a loss of 0.03 of a cent at 6.89 US cents in switching ownership of 75 shares, Margaritaville advanced 2 cents to end at 11.5 US cents with 11,482 stocks crossing the exchange, Proven Investments climbed 0.01 cent of a cent in ending at 22.02 US cents 56,701 stock units changing hands. Sterling Investments popped 0.04 of a cent to 2.1 US cents with an exchange of 46,086 units and Transjamaican Highway rallied 0.03 of a cent to close at 0.9 US cents, with 1,423,718 stocks clearing the market.
In the preference segment, JMMB Group 6% remained at US$1.05 trading 300 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index fell 1,167.73 points to 435,519.59, the Main Index shed 674.03 points to 394,163.95 and the JSE Financial Index lost 0.08 points to close at 97.23.
Transjamaican Highway with 18.3 percent for 1.48 million units and Sagicor Select Financial Fund with 8.8 percent for 717,918 units changing hands.
Palace Amusement shed $1 to end at $996.99 after trading 10 stock units, PanJam Investment rose $3.50 to $66.50 with 6,452 stocks changing hands, Sagicor Group fell $1.50 in closing at $53 with the swapping of 18,471 shares. Sagicor Real Estate Fund gained 31 cents to end at $8.40 after exchanging 6,435 units, Scotia Group rallied 60 cents to close at $37 in transferring 20,370 stock units, Supreme Ventures popped 50 cents to end at $17.50 with an exchange of 26,655 units. Sygnus Credit Investments lost 32 cents in closing at $14.50 after 41,790 stocks crossed the market and VM Investments declined 34 cents to $6.45 in exchanging 77,038 shares.
The All Jamaican Composite Index climbed 2,000.74 points to 436,687.32, the Main Index climbed 2,047.08 points to close at 394,837.98 and the JSE Financial Index rose 1.04 points to 97.31.
At the close, Barita Investments shed 82 cents to end at $93.98 with 19,554 shares crossing the market, Caribbean Producers dipped 49 cents at $15.50 in trading 302,535 units, Eppley lost 50 cents to finish at $36 with an exchange of 318 stocks. Eppley Caribbean Property Fund declined $3.49 in closing at $37.51 in switching ownership of 281 stock units, First Rock Capital lost 35 cents to close at $10.20 with 12,241 shares crossing the market, GraceKennedy advanced $2 to $101 after exchanging 175,533 stock units. Guardian Holdings popped $9 to $525 with the swapping of 509 units, Jamaica Broilers advanced $1.24 to $28.74 in transferring 58,677 stocks, Jamaica Producers rose $1.15 to $23.35 after trading 1,890 stock units. Jamaica Stock Exchange rallied 90 cents to $17.40 with 4,835 shares changing hands, JMMB Group gained 50 cents to end at $38.60 after 140,283 units cleared the market, Kingston Wharves fell $2.97 to close at $39 in an exchange of 75,266 shares. Mayberry Investments gained 48 cents to finish at $7.98 in trading 12,601 stocks, Mayberry Jamaican Equities lost 37 cents after ending at $9 in switching ownership of 11,606 stock units, NCB Financial advanced $1 to $126 with an exchange of 8,902 shares. Palace Amusement climbed $17.32 to end at $997.99 with 38 units changing hands, PanJam Investment declined $2.90 to $63 with the swapping of 7,562 units, Portland JSX popped 45 cents to $8 with a transfer of 2,468 shares.
Scotia Group advanced $1.39 to close at $36.40 after exchanging 103,819 stocks, Seprod declined $1.40 in closing at $62.10 in trading 3,736 stock units, Sygnus Credit Investments gained 47 cents to settle at $14.82 with a transfer of 46,820 shares. Sygnus Real Estate Finance fell $1.25 to $16.02 with 21,980 stocks changing hands, Victoria Mutual Investments rallied 41 cents to close at $6.79 with an exchange of 73,058 shares and Wisynco Group lost 39 cents to end at $17.51 in switching ownership of 60,431 units.
At the close, Barita Investments lost 70 cents to close at $94.80 with an exchange of 6,826 shares, Caribbean Cement shed 74 cents in ending at $72.20 with the swapping of 35,410 units, Caribbean Producers lost 31 cents to close at $15.99 with 560,506 stocks crossing the exchange. Eppley rallied 50 cents to $36.50 in trading 4,090 stock units, Eppley Caribbean Property Fund advanced $4.69 to $41 with 318 units clearing the market, Guardian Holdings rose $4 to end at $516 in an exchange of 2,061 shares. Jamaica Broilers fell $1.49 to close at $27.50 with the swapping of 87,177 stock units, Jamaica Producers shed 80 cents in closing at $22.20 after trading 3,255 stocks, Kingston Properties gained 74 cents ending at $9.74 in switching ownership of 3,063 units. Kingston Wharves fell $1.02 to $41.97 with 2,723 stock units changing hands, Mayberry Investments lost 48 cents to finish at $7.50 after 3,176 stocks crossed the market, MPC Caribbean Clean Energy advanced $3 to close at $100 in switching ownership of 18 shares. NCB Financial declined $2 in closing at $125 with a transfer of 36,012 stocks, Palace Amusement dropped $14.33 to $980.67 with 15 units changing hands, PanJam Investment popped $1.10 to close at $65.90 in transferring 78,896 stock units.
Proven Investments lost 30 cents after ending at $32.80 with an exchange of 9,242 shares, Sagicor Group rose $2.99 to end at $54.50 after trading 9,409 stocks, Sagicor Real Estate Fund shed 40 cents to close at $8 with 3,615 stock units changing hands. Scotia Group fell $1.33 to finish at $35.01 with an exchange of 335,649 shares, Seprod popped 50 cents to $63.50 in switching ownership of 3,801 units and Supreme Ventures shed 80 cents to $17 in an exchange of 117,937 units.
At the close, Barita Investments lost 42 cents to end at $95.50 in exchanging 10,909 shares, Berger Paints shed 49 cents in closing at $12.50 with a transfer of 10,109 stock units, Caribbean Producers popped 91 cents to close at a 52 weeks’ high of $16.30 in trading 338,318 units. Eppley Caribbean Property Fund declined $7.49 to close at $36.31 in switching ownership of 4,500 stocks, GraceKennedy fell 61 cents to $98.89 after 129,890 units crossed the market, Guardian Holdings dropped $18 to end at $512 with the swapping of 4,265 shares. Jamaica Stock Exchange shed 50 cents to finish at $16.50 with 74,726 stock units changing hands, JMMB Group lost 35 cents to close at $38.15 with an exchange of 97,814 stocks, Kingston Properties fell 71 cents to $9 in switching ownership of 382 stock units. Margaritaville rose $2.10 to $16.80 in trading 450 stocks, MPC Caribbean Clean Energy declined $3 to a 52 weeks’ low of $97 with the swapping of 696 shares, NCB Financial shed $1.50 to end at $127 with 44,195 units crossing the market. Palace Amusement climbed $95 to close at $995 in exchanging 59 stock units, PanJam Investment fell $1.20 to $64.80 after 4,950 stocks cleared the market, Sagicor Group declined $5.46 in closing at $51.51 and switching ownership of 13,479 shares.
Scotia Group fell $1.15 to $36.34 after exchanging 19,909 units and Seprod gained 90 cents to settle at $63 in an exchange of 110,300 units.