Proven Investments traded 65 million shares on Tuesday, dominated trading with 99.96 percent of the day’s volume on the JSE USD market closed and leading to the volume of shares changing hands 104 percent valued 3,756 percent more than on Monday.
Seven securities traded, on a day when no stock gained compared to six on Monday and ended, with prices of four declining and three ending unchanged. The US Denominated Equities Index fell 1.10 points to end at 186.79.
The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 64,942,767 shares traded for US$15,026,017, up from 31,764,409 units at US$389,704 on Monday. Trading averaged 9,277,538 units at US$2,146,574, compared to 5,294,068 shares at US$64,951 on Monday and the month to date averages 967,76 shares at US$150,051 versus to 397,483 units at US$13,035 on Monday. August ended with an average of 210,413 units for US$12,959.
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, First Rock Capital remained at 7 US cents with an exchange of 5,479 shares, MPC Caribbean Clean Energy settled at US$1 with a transfer of 498 stocks, Proven Investments declined by 0.34 of a cent to end at 23.15 US cents with 64,918,595 units changing hands. Sterling Investments finished at 2.09 US cents with investors switching ownership of 200 stock units, Sygnus Credit Investments USD dropped 1.24 cents to 11.76 US cents with a transfer of 6,530 shares and Transjamaican Highway lost 0.03 of a cent to close at 0.97 US cents with 553 units crossing the exchange.
In the preference segment, JMMB Group 6% fell 3 cents to close at US$1.01 after exchanging 10,912 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Proven dominance shows on JSE USD market
Trading spike on JSE USD market on Monday
Eight times more money passed through the JSE USD market on Monday with the volume of shares trading surging 5,076 percent over Friday’s and resulted in more stocks rising than falling after trading cooled down.
Six securities traded down from seven on Friday with four rising, one declining and one ending unchanged. The JSE US Denominated Equities Index rallied 4.68 points to 187.89. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 31,764,409 shares traded for US$389,704 up from 613,698 units at US$47,818 on Friday. Trading averaged 5,294,068 units at US$64,951 compared to 87,671 shares at US$6,831 on Friday and month to date averages, 397,483 at US$13,035 versus 91,447 units at US$9,791 on Friday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and two with lower offers.
At the close, First Rock Capital remained at 7 US cents after 884,883 shares traded, Proven Investments gained 0.29 of a cent to end at 23.49 US cents with an exchange of 5,665 stocks, Sterling Investments lost 0.05 of a cent to end at 2.09 US cents with 150,632 units changing hands. Sygnus Credit Investments USD gained 0.1 of a cent to finish at 13 US cents with a transfer of 86,783 stock units and Transjamaican Highway advanced 0.18 cents to settle at 1 US cent with 30,628,178 shares crossing the exchange.
In the preference segment, JMMB Group 6% popped 1 cent to close at US$1.04 with 8,268 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market slips quietly into weekend
The number of securities trading on Friday rose above that on Thursday, with investors exchanging 134 percent more shares than they did on Thursday in swapping three percent more funds, as well and resulted in rising stocks just outnumbering falling ones at the end of market activity on the JSE USD market for the week.
Seven securities traded, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
The US Denominated Equities Index lost 1.33 points to end at 183.21, falling nearly two percent for the year to date. The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 613,698 shares traded for US$47,818 compared to 262,786 units at US$46,376 on Thursday. Trading averaged 87,671 units at US$6,831 versus 43,798 shares for US$7,731 on Thursday and month to date an average of 91,447 at US$9,791 versus 91,744 units for US$10,023 on Thursday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than its last selling price and two closed with lower offers.
At the close, First Rock Capital fell 0.01 of a cent to t 7 US cents with an exchange of 275,265 shares, Margaritaville remained at 9 US cents with the transfer of 21,432 stocks, Proven Investments advanced 0.2 of a cent to 23.2 US cents with 95,980 units traded. Sterling Investments popped 0.14 of a cent to 2.14 US cents with 2,295 stock units passing through the market, Sygnus Credit Investments USD share ended at 12.9 US cents with investors switching ownership of 15,000 stocks and Transjamaican Highway dropped 0.07 of a cent to close at 0.82 US cents with 203,700 units crossing the exchange.
In the preference segment, JMMB Group 6% gained 2 cents to settle at US$1.03 with 26 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rebounds on JSE USD Market Wednesday
Trading on the USD market ended on Wednesday with the market rebounding, as the volume of shares changing hands jumped 714 percent for 543 percent more value than on Tuesday, resulting in more stocks rising than falling and the market index just inching higher.
Overall, 901,226 shares changed hands for US$72,066 up from 110,662 units at US$11,208 on Tuesday.
Trading averaged 112,653 units at US$9,008, compared to 22,132 shares at US$2,242 on Tuesday and the month to date averages 95,210 at US$10,189 versus 93,349 units at US$10,315 on Tuesday. August ended with an average of 210,413 shares for US$12,959.
Eight securities traded, compared to five on Tuesday with prices of five rising, two declining and one ending unchanged.
The US Denominated Equities Index popped 0.27 points to 185.09. The PE Ratio, a measure that computes appropriate stock values, averages 11.6 based on ICInsider.com’s 2021-22 earnings forecast.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling prices and one with a lower offer.
At the close, First Rock Capital popped 0.01 of a cent to 7.01 US cents with investors switching ownership of 825,502 shares, Margaritaville advanced 0.25 of a cent to 9 US cents trading 6,943 units, MPC Caribbean Clean Energy lost 4 cents to settle at US$1 with 20 stock units traded. Productive Business Solutions 2 cents to 75 US cents with a transfer of 5 stocks, Proven Investments gained 1 cent to close at 23.8 US cents with 55,987 shares passing through the market, Sterling Investments rose 0.1 of a cent to end at 2 US cents with 10,162 stocks traded. Sygnus Credit Investments USD climbed 0.6 of a cent to 12.9 US cents with 2,575 units changing hands and Transjamaican Highway remained unchanged at 0.89 US cents with 32 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stock losses for JSE US Market
Trading ended with the market declining after investors exchanged 39 percent fewer shares for 32 percent less funds on Tuesday than on Monday, on the Jamaica Stock Exchange US dollar market, resulting from declining stocks dominating market activity.
Trading ended with no stocks rising after five securities changed hands, up from four on Monday and ended with four stocks declining and one remaining unchanged. The JSE US Denominated Equities Index slipped 0.91 points to end at 184.82.
The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall 110,662 shares traded for US$11,208 compared to 180,46 units at US$16,528 on Monday.
Trading averaged 22,132 units at US$2,242 compared to 45,115 shares at US$4,132 on Monday and month to date averages 93,349 at US$10,315 versus 98,436 units at US$10,892 on Monday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Margaritaville shed 0.25 of a cent to 8.75 US cents with an exchange of 61,940 shares, Proven Investments fell 0.2 of a cent to 22.8 US cents with 9,402 stocks traded, Sterling Investments declined 0.24 of a cent to 1.9 US cents with a transfer of 30,205 units and Sygnus Credit Investments USD share dipped 0.6 of a cent to 12.3 US cents with 7,130 stock units crossing the exchange.
In the preference segment, JMMB Group 6% traded 1,985 shares at US$1.01.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index rallied 2,398.59 points to settle at 445,942.35, the Main Index rose 1,974.48 points to 405,845.78 and the JSE Financial Index gained 0.47 points to end at 99.30.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
Portland JSX gained 98 cents to finish at $8 with the swapping of 1,000 stock units, Sagicor Real Estate Fund popped 50 cents to close at $8.50 after crossing the market with 233 units, Salada Foods picked up 25 cents to end at $6.25 in switching ownership of 14,969 stocks. Scotia Group lost 50 cents in closing at $38.50 with the swapping of 41,791 shares, Seprod spiked 39 cents to $63.50 with 39,397 stock units crossing the market and Supreme Ventures fell 90 cents to $17.70 in trading 86,640 stocks.
At the close on Friday, the All Jamaican Composite Index popped 922.91 points to settle at 443,543.76, the Main Index gained 780.78 points to 403,871.30 and the JSE Financial Index popped 0.39 points to end at 98.83.
August closed with an average of 480,039 units at $8,561,549.
PanJam Investment shed $1.77 to close at $62.01 in an exchange of 52,360 stock units, Sagicor Group lost 52 cents to end at $53.50 in trading 60,107 shares, Seprod dipped 39 cents to $63.11 with 11,833 stocks crossing the market and Wisynco Group fell 35 cents to $15.65 in exchanging 93,661 units.
The All Jamaican Composite Index slipped 295.03 points to 442,620.85, the Main Index fell 101.04 points to 403,090.52 and the JSE Financial Index lost 0.06 points to end at 98.44.
Investor’s Choice bid-offer indicator shows six stocks ended with higher bids than their last selling prices and five with lower offers.
Mayberry Investments lost 20 cents to end at $5.50 in exchanging 301,484 units, Mayberry Jamaican Equities fell 55 cents to $8.20 in exchanging 794 units, NCB Financial Group rose $1.49 to $129.49 in trading 179,455 stocks. Palace Amusement rallied $8 to $910 with a transfer of 236 stock units, PanJam Investment popped $1.78 to end at $63.78 with 931,362 shares crossing the market, Scotia Group declined $1 to $39 after dropping to a 52 weeks’ low of $37 in 69,473 units changing hands and Wisynco Group rose 21 cents to $16 in an exchange of 65,458 stocks.
The All Jamaican Composite Index dropped 1,575.15 points to 442,915.88, the Main Index shed 1,499.07 points to 403,191.56 and the JSE Financial Index lost 0.14 points to end at 98.50.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
Scotia Group popped 45 cents to $40 with an exchange of 90,230 units, Seprod lost 35 cents to close at $63.65, with 291,051 stock units clearing the market, Supreme Ventures rose 85 cents in closing at $18.85 after switching ownership of 115,950 units and Sygnus Credit Investments gained 38 cents in ending at $15.88 and exchanging 38,335 stocks.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and one with a lower offer.
Palace Amusement popped $50 in closing at $1,050 in trading four shares, Proven Investments gained 27 cents to end at $32.37 after clearing the market with 15,512 stock units. Sagicor Real Estate Fund fell 50 cents in ending at $8 with an exchange of 14,870 stocks, Salada Foods lost 43 cents to $6.50 in switching ownership of 28,135 shares, Scotia Group declined 45 cents to close at $39.55 after exchanging 19,323 stock units. Seprod shed $2 after ending at $64 in trading 83,383 shares and Sygnus Credit Investments lost 39 cents in closing at $15.50, with 102,675 shares crossing the market.