JSE USD jumps 7% on Monday

Trading on Monday ended with the volume of shares changing hands declining after a fraction of shares exchanged on Friday, passed through the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling and the market rose 7 percent for the day.
Seven securities traded, compared to five on Friday, with five rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index surged 14.55 points to end at 214.56, up 15 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 89,952 shares traded, for US$7,974 compared to 25,247,952 units at US$3,090,795 on Friday. Trading averaged 12,850 units at US$1,139, versus 5,049,590 shares at US$618,159 on Friday and month to date averages 680,705 shares at US$91,754 versus 800,576 units at US$108,018 on Friday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and no stock with a lower offer.
At the close, Margaritaville rose 1 cent to 11 US cents in switching ownership of 8,310 shares, Productive Business Solutions rose 17.25 cents to a 52 weeks’ high of US$1.334 with the swapping of 29 stocks, Proven Investments fell 0.5 of a cent to end at 22.5 US cents after exchanging 28,513 stock units. Sterling Investments ended at 2.1 US cents in an exchange of 3,000 units, Sygnus Credit Investments USD share spiked 0.98 of a cent to close at 12.98 US cents after two shares changed hands shares and Transjamaican Highway popped 0.07 of a cent to 0.86 US cents with 50,000 units clearing the market.
In the preference segment, Equityline Mortgage Investment preference share advanced 9.9 cents to end at US$1.999 after trading 98 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Huge surge in trading on JSE USD market

Friday ended with a big bump in trading activity with an unusually large volume of shares changing hands after surging 5,301 percent higher than trades on Thursday, with a 10,412 percent higher value, at the close of the Jamaica Stock Exchange US dollar market.  
Trading ended with five securities changing hands, versus six on Thursday with prices of two rising and two declining and one trading firm.
The JSE US Denominated Equities Index skidded 4.71 points to end at 200.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1. The PE ratio is computed based on ICInsider.com earnings forecasts for each company with their financial year ending up to August 2022.
The volume of shares traded surged to 25,247,952 for US$3,090,795, up from just 467,492 units at US$29,403 on Thursday. Trading averaged 5,049,590 shares at US$618,159, sharply up from 77,915 units at US$4,901 on Thursday and month to date an average of 800,576 units at US$108,292 versus 175,721 shares at US$33,311 on Thursday. November ended with an average of  79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rose 0.05 of a cent to end at 6.05 US cents in switching ownership of 10 million shares, Proven Investments traded 6,460,229 shares and lost 0.9 of a cent to close at 23 US cents. Sygnus Credit Investments USD share rose 0.75 of a cent in closing at 12 US cents with 5,008,385 stocks crossing the market, Sygnus Real Estate USD share fell 0.9 of a cent to 13.1 US cents after trading 3,000,500 stock units and Transjamaican Highway ended at 0.79 US cents after an exchange of 778,838 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Week ends on a high for JSE Main Market

Trading of stocks surged sharply on Friday, with the number of shares changing hands rising 426 percent and the value jumping 600 percent higher than on Thursday, at the close of the Jamaica Stock Exchange Main Market as declining stocks just exceeded those advancing, helping to push the market into a higher finish than a week ago.
The All Jamaican Composite Index rallied 1,669.64 points to 433,704.34, the JSE Main Index advanced 1,283.57 points to 392,230.29 and the JSE Financial Index popped 0.45 points to end at 96.05. Trading ended with 4  securities against 50 on Thursday, with 17 rising, 18 declining and 13 trading unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. PE ratios for the JSE Main and USD Market are based on earnings forecasts by  ICInsider.com for companies with financial years ending between the current year and August 2022.
Overall, 40,219,894 shares traded for $438,749,529 up from 7,647,957 units at $62,688,988 on Thursday. Caribbean Producers led trading with 77.9 percent of total volume after a transfer of 31.32 million shares, followed by Wigton Windfarm 6.9 percent for 2.76 million units, Wisynco Group 5 percent with 2.03 million units and Mayberry Jamaican Equities with 3.4 percent for 1.38 million shares changing hands.
Trading on Friday averaged 837,914 units at $9,140,615 versus 152,959 shares at $1,253,780 on Thursday and month to date, an average of 427,920 units at $5,353,555 compared to 371,370 units at $4,831,202 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints dipped 44 cents to $12.76 with 1,009 shares changing hands, Caribbean Cement popped 50 cents to close at $78.50 in exchanging 24,157 stocks, Caribbean Producers gained 35 cents in closing at $10.35 in swapping 31,319,726 units. First Rock Capital rose 55 cents to $10.60 in trading 19,942 stock units, GraceKennedy fell $1 to end at $98 with the swapping of 48,096 units, Guardian Holdings slipped $1 to $521 after exchanging 12 stock units. Jamaica Broilers advanced $1.05 to close at $31.05 with owners swapping 13,372 stocks, Jamaica Producers shed 40 cents in closing at $24 with 10,946 shares changing hands, Jamaica Stock Exchange slipped 40 cents to $18.49 with a transfer of 6,824 shares. Kingston Wharves popped 50 cents after ending at $43.50 with 4,479 stocks crossing the exchange, Mayberry Investments fell 99 cents to $7.50 in an exchange of 2,325 units, Mayberry Jamaican Equities shed 51 cents to settle at $8.50 with the swapping of 1,377,094 shares. Palace Amusement dropped $30 to end at $1,000 after trading 53 units, Sagicor Group shed $1 to close at $52 with an exchange of 64,397 stock units, Scotia Group rose 58 cents to $38.48 in transferring 42,472 shares. Seprod fell 69 cents in closing at $62.51 with 26,500 stocks changing hands and Sygnus Credit Investments rallied 50 cents to end at $15.50 after trading 83,428 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for blue chip stocks

Investors gave Main Market stocks a good lift on Thursday, with the volume of shares trading rising moderately and the value climbing 48 percent higher than on Wednesday, sending the All Jamaican Composite Index surging 3,304.57 points to 432,034.70. The JSE Main Index spiked 2,907.75 points to 390,946.72 and the JSE Financial Index popped 0.98 points to end at 95.60 at the close of the Jamaica Stock Exchange Main Market.
Trading ended with 50 securities compared to 45 on Wednesday, with 18 rising, 16 declining leaving 16 unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.8.The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 7,647,957 shares traded for $62,688,988, up from 6,971,534 units at $42,325,701 on Wednesday. Sagicor Select Financial Fund led trading of 27.7 percent of total volume with a transfer of 2.11 million shares, followed by Wigton Windfarm 20.9 percent with 1.6 million units and Sterling Investments, with 9.2 percent for an exchange of 700,000 units.
Trading averages 152,959 units at $1,253,780 against 154,923 shares at $940,571 on Wednesday and month to date, an average of 371,370 units at $4,831,202, compared to 408,016 units at $5,431,440 on Wednesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints rallied 45 cents to close at $13.20 in trading 100 shares, Caribbean Cement climbed $2.01 to $78 with 70,254 stocks crossing the market, Eppley declined $2.30 to $35.70 in exchanging 4,364 stock units. Eppley Caribbean Property Fund advanced $3.69 to $40 with a transfer of 30 units, Guardian Holdings rose $2 to $522 after an exchange of 1,257 shares, Jamaica Stock Exchange spiked $2.39 to $18.89 in trading 7,242 stocks. Kingston Wharves fell $1 to $43 with 11,640 units changing hands, Margaritaville rose $2.30 in closing at $16.80 with 581 stock units clearing the market, Mayberry Investments popped 50 cents to close at $8.49 in switching ownership of 93,258 units. Palace Amusement spiked $35 to end at $1,030 after trading 20 shares, Portland JSX shed 80 cents in ending at $6.90 after exchanging 182,200 stock units, Sagicor Group rose $2 to $53 in switching ownership of 494,252 stocks. Sagicor Real Estate Fund dipped 35 cents to $8.10 with 13,794 stock units changing hands, Scotia Group climbed $3.87 to $37.90 with the swapping of 87,019 stocks, Seprod declined $1.79 to close at $63.20 in an exchange of 3,064 units and Supreme Ventures fell 39 cents to $18.10 in the swapping of 185,634 shares.
In the preference segment, JMMB Group 7.35% – due 2028 shed 33 cents in ending at $3.15 after trading 35,502 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rise on JSE USD market

Trading jumped sharply on Thursday, with the volume of shares changing hands surging 2,339 percent and valued 627 percent higher than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in twice the number of stocks rising than falling.
Trading ended with six securities changing hands, compared to two on Wednesday, with prices of four rising and two declining. The JSE US Denominated Equities Index gained 3.19 points to end at 204.92. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is calculated based on ICInsider.com earnings forecasts for each company, with the fiscal year ending up to August 2022.
Overall, 467,492 shares traded for US$29,403, up from 19,170 units at US$4,043 on Wednesday. Trading averaged 77,915 units at US$4,901, versus 9,585 shares at US$2,022 on Wednesday and month to date an average of 175,721 shares at US$33,311 versus 196,679 units at US$39,399 on Wednesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share lost 1 cent to end at 6 US cents in switching ownership of 120,000 shares, Margaritaville climbed 0.5 of a cent to 10 US cents, with an exchange of 50 units, Proven Investments rallied 1.4 cents to close at 23.9 US cents trading 50,452 stocks. Sterling Investments rose 0.01 of a cent to 2.1 US cents after exchanging 145,405 stock units, Sygnus Credit Investments USD share fell 1.57 cents in closing at a 52 weeks’ low of 11.25 US cents with 45,000 stocks crossing the market and Transjamaican Highway popped 0.01 of a cent to end at 0.79 US cents after exchanging 106,585 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market stocks sip

Trading plunged on Wednesday with the volume of shares trading declining by 8 percent, but the value dropped 72 percent lower than Tuesday leading to an equal number of stocks rising and falling at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,097.95 points to settle at 428,730.13, the Main Index fell 1,056.44 points to 388,038.97 and the JSE Financial Index shed 0.72 points to close at 94.62.
Trading ended with 45 securities compared to 50 on Tuesday, with 18 rising, 18 declining and nine ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 6,971,534 shares changing hands for $42,325,701 versus 7,587,100 units at $150,880,078 on Tuesday. Wigton Windfarm led trading with 68.2 percent of total volume for an exchange of 4.75 million shares followed by Sagicor Select Manufacturing & Distribution Fund with 9.2 percent for 643,197 units and Transjamaican Highway with 3.1 percent after trading 213,071 units.
Trading averages 154,923 units at $940,571, compared to 151,742 shares at $3,017,602 on Tuesday and month to date, an average of 408,016 units at $5,431,440, compared to 453,032 units at $6,230,211 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dipped 45 cents ending at $90 in switching ownership of 11,378 shares, Caribbean Cement shed $1.49 in closing at $75.99 after trading 42,732 stocks, Eppley advanced $2 to $38 in exchanging 439 stock units. First Rock Capital lost 60 cents to close at $10, with 19,949 units crossing the exchange, GraceKennedy gained 50 cents to end at $99 with a transfer of 55,967 units, Guardian Holdings fell $4 to $520 finishing with 3,104 shares changing hands. Jamaica Broilers advanced $1.19 to $30 with 11,382 stocks crossing the market, Jamaica Stock Exchange lost 40 cents to settle at $16.50 in exchanging 11,203 stock units, Kingston Properties fell 50 cents to $8.50 in transferring 1,010 stocks. Kingston Wharves popped $3 to close at $44 after trading 5,079 units, Palace Amusement dropped $35 to $995 trading 1 share, PanJam Investment rallied 60 cents to $68 with the swapping of 8,643 stock units. Proven Investments gained 34 cents in closing at $33.50 with 700 shares clearing the market, Sagicor Group shed $1.49 to end at $51 after exchanging 8,154 units, Salada Foods rose 33 cents to close at $6.35 in trading 292 stocks. Scotia Group declined $1.47 to $34.03 in an exchange of 37,793 stock units, Supreme Ventures spiked $1.19 to finish at $18.49 with 7,659 units changing hands, Sygnus Credit Investments dipped 49 cents to close at $15 in exchanging 86,031 stocks and Wisynco Group popped 26 cents in closing at $16.30 with 175,332 stock units crossing the market.
In the preference segment, JMMB Group 7.35% – due 2028 rose 31 cents to $3.48 in exchanging 5,693 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading levels drop on JSE USD market

Trading ended on Wednesday, with the volume of shares changing hands falling 76 percent and valued 84 percent lower than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in just two securities changing hands, compared to three on Tuesday with the prices of one declining and the other ending unchanged. 
The JSE US Denominated Equities Index gained 4.83 points to end at 201.53. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 19,170 shares traded, for US$4,043 compared to 81,192 units at US$25,432 on Tuesday.
Trading averaged 9,585 units at US$2,022, down from 27,064 shares at US$8,477 on Tuesday and month to date averages 196,679 shares at US$39,399 versus 211,071 units at US$42,274 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville ended unchanged at 9.5 US cents, with 2,076 shares clearing the market and Proven Investments declined 0.5 of a cent to 22.5 US cents after finishing trading of 17,094 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD market

More cash passed through the Jamaica Stock Exchange US dollar market on Tuesday, compared to Monday ended, but the volume of shares changing hands declined by 36 percent even as the value surged 465 percent higher and resulted in fewer securities trading at the close.
Just three securities traded, down from six on Monday, with stocks rising, falling and trading unchanged, sharing the honours equally, with one each.
The JSE US Denominated Equities Index lost 3.57 points to end at 196.70. The PE Ratio, a measure used in the computation of  appropriate stock values, averages 12.3. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 81,192 shares traded for US$25,432 compared to 127,160 units at US$4,503 on Monday. Trading averaged 27,064 units at US$8,477, compared to 21,193 shares at US$751 on Monday and month to date an average of 211,071 shares at US$42,274 compared to 235,072 units at US$46,683 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments remained at 23 US cents, with 70,492 shares clearing the market and Sygnus Credit Investments USD share increased by 0.82 of a cent in closing at 12.82 US cents after trading 200 units.
In the preference segment, JMMB Group 6% lost 14 cents to close at US$1.01 with an exchange of 10,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rises

Market activity ended on Tuesday, with the volume of shares trading sliding with 16 percent less funds entering the market than Monday and led to the Jamaica Stock Exchange Main Market enjoying a bounce in the market indices at the close.
The All Jamaican Composite Index gained 596.89 points to end at 429,828.08, the Main Index rallied 707.19 points to 389,095.41 and the JSE Financial Index climbed 0.33 points to settle at 95.34.
A total of 50 securities traded similar to market activity on Monday, with 16 rising, 21 falling and 13 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The JSE Main and USD Market PE ratios shown in the closing quote chart below utilize ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Trading ended with 7,587,100 shares changing hands for $150,880,078 versus 9,012,171 units at $158,576,454 on Monday. Transjamaican Highway controlled 24 percent of total volume to be the leading trade on Tuesday with 1.82 million shares, followed by JMMB Group accounting for 24 percent with 1.82 million units and Wigton Windfarm 14.3 percent with 1.08 million shares.
Trading averages 151,742 units at $3,017,602, compared to 180,243 shares at $3,171,529 on Monday and month to date, an average of 453,032 units at $6,230,211, compared to 527,241 units at $7,021,494 on Monday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicators hows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped 45 cents to end at $90.45 after trading 992 shares, Berger Paints lost 74 cents to $12.75 after 5,201 stocks crossed the exchange, Caribbean Cement popped $6.48 in ending at $77.48, with an exchange of 35,791 units. GraceKennedy dropped 39 cents to close at $98.50 with 64,392 stock units changing hands, Guardian Holdings gained $3 in closing at $524, with 107 stocks clearing the market, Jamaica Broilers fell $1.19 to $28.81 with the swapping of 10,002 units. Jamaica Producers rose 50 cents to $24.50 after trading 73,147 stock units, Kingston Wharves shed $1.50 to end at $41, with 31,546 shares changing hands, NCB Financial declined $1.21 after finishing at $120 with an exchange of 411,726 stocks. PanJam Investment spiked 90 cents in closing at $67.40 in switching ownership of 4,793 units, Proven Investments declined 34 cents to close at $33.16 in trading 11,958 shares, Sagicor Group advanced 63 cents to $52.49, with 4,085 stock units crossing the market. Seprod rallied $1.61 in closing at $65 while exchanging 45,460 stock units, Supreme Ventures lost 40 cents to end at $17.30 after exchanging 22,066 stocks and Wisynco Group fell 26 cents to $16.04 after trading 44,039 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market stocks drop to open week

Market activity ended on Monday, with the volume of shares trading rising 20 percent and the value ending 54 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining by a narrow margin.
The All Jamaican Composite Index declined 1,914.65 points to 429,231.19, the JSE Main Index dropped 1,558.17 points to end at 388,388.22 and the JSE Financial Index lost 0.42 points to close at 95.01.
Trading stirred 50 securities compared to 52 on Friday, with 19 rising, 17 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,012,171 shares changing hands for $158,576,454 versus 7,483,770 units at $102,978,128 on Friday. Carreras led trading with 27.5 percent of total volume for an exchange of 2.48 million followed by Wigton Windfarm 24.9 percent with 2.25 million units and Caribbean Cement took 12.9 percent with 1.17 million shares.
Trading averages 180,243 units at $3,171,529, versus 143,919 shares at $1,980,34 on Friday and for the month to date, trading averages 527,241 units at $7,021,494, compared to 640,639 units at $8,279,653 on Friday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments shed 85 cents to close at $90 after exchanging 10,168 stocks, Berger Paints popped 74 cents to $13.49 in trading 441 units, Caribbean Cement fell $12 to close at $71 with the swapping of 1,166,242 shares. Caribbean Producers dipped 40 cents to finish at $9.95 in transferring 47,353 stock units, Eppley Caribbean Property Fund declined $3.50 to settle at $36.50 in switching ownership of 648 stocks, First Rock Capital gained 60 cents to close at $10.60 after trading 1,600 stock units. Kingston Wharves declined $1 to $42.50 with 25,300 shares changing hands, Margaritaville fell $1 to $14.50 with the swapping of 12,800 stock units, Mayberry Investments spiked 99 cents to end at $7.99 with 41,946 stocks crossing the market. NCB Financial shed $1.59 in closing at $121.21 with a transfer of 24,421 shares, 138 Student Living rallied $1.10 to $4.60, with 1,693 shares crossing the market, PanJam Investment fell $1.50 to $66.50 in an exchange of 78,298 units. Sagicor Group lost 54 cents to end at $51.86 in switching ownership of 1,587 stocks, Salada Foods shed 47 cents to finish at $6.03 with 31,500 stock units clearing the market, Scotia Group gained 50 cents after ending at $35.50 with 133,126 units changing hands and Supreme Ventures shed 30 cents to close at $17.70 with the swapping of 505 shares.
In the preference segment, Eppley 7.25% rose 40 cents to $20.40 in switching ownership of 104,829 shares and JMMB Group 7.35% – 2028 shed 81 cents after ending at $3.17 after trading 3,454 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.