US Dollar Market slips on Tuesday

Trading was mixed at the closed on Tuesday with five securities changing hands, down from seven on Monday with of one stock rising, three declining and one closing unchanged on the US dollar market of the Jamaica Stock Exchange, as investors exchanged 92 percent more shares than on Monday for 53 percent less value.  
The JSE USD Equity Index fell 1.75 points to close at 193.78. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 514,569 shares traded for US$8,228 compared to 267,871 units at US$17,654 on Monday.
Trading averaged 102,914 units at US$1,646, in contrast to 38,267 shares at US$2,522 on Monday. Month to date trades average 75,689 units at US$3,890 in contrast to 74,537 units at US$3,985 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price, while two ended with lower offers.
At the close, First Rock Capital fell 0.64 of a cent to finish at 7.36 US cents with an exchange of 2,907 shares, Margaritaville remained at 9.2 US cents with 4,100 stocks traded, Proven Investments rose 0.74 of a cent to 25.75 US cents with 1,625 stock units changing hands. Sygnus Credit Investments slipped 0.3 of a cent to end at 14.7 US cents with a transfer of 22,926 shares and Transjamaican Highway declined by 0.03 of a cent to close at 0.82 US cents with 483,011 units changing hands.

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

Another big hit for JSE stocks

Stocks got clobbered for a second day, with the All Jamaican Composite Index tumbling 7,500.40 points to 456,885.82, following on Monday’s more than 7,000 points fall. The JSE Main Index dropped 5,985.17 points to end at 419,563.41 and the JSE Financial Index shed just 1.18 points to 103.69 as activity ended on Tuesday on the Jamaica Stock Exchange Main Market after the volume of shares exchange dived 50 percent, while the value surged 109 percent compared to Monday.
Trading ended with 50 securities compared to 51 on Monday, with 17 rising, 21 declining and 12 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value stocks, averages 16.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading concluded  on Tuesday with 9,510,633 shares for $151,206,424 compared to 18,854,189 stock units at $72,201,390 on Monday. Wigton Windfarm accounted for 33.9 percent of total volume, with 3.22 million shares, to lead the volume traded, followed by QWI Investments 14.4 percent with 1.37 million units and Sagicor Select Financial Fund with 10.2 percent after an exchange of 972,238 units.
Trading averaged 190,213 units at $3,024,128, compared to 369,690 shares at $1,415,714 on Monday. Trading month to date averages 250,335 units at $3,911,541, in contrast to 253,353 units at $3,956,090 on Monday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments declined $1.10 to $80 with an exchange of 700,191 shares, Caribbean Cement slipped 50 cents to $94.50 after clearing the market of 155,541 stock units, Grace Kennedy fell $1 to $96.95, with 43,336 units crossing the market. Guardian Holdings dropped $30 to end at a JSE low of $650 with the swapping of 46,888 stocks, Jamaica Broilers rose 78 cents to $36.03 in exchanging 24,814 units, Jamaica Producers declined $1.25 to $23.50 after investors transferred 32,054 stock units. Jamaica Stock Exchange dipped 32 cents to $17, trading 17,228 stocks, Mayberry Jamaican Equities popped 34 cents to $9.09 after switching ownership of 17,300 shares. NCB Financial rose $1 to $142 with 68,867 units changing hands, 138 Student Living lost 25 cents to end at $5 with the swapping of 10,165 shares, Palace Amusement spiked $149.73 to $1,500 after trading 208 units, PanJam Investment declined $2 to $65 with a transfer of 50,915 stock units. Pulse Investments lost 24 cents to close at $4.10 with 75,022 shares clearing the market, Sagicor Group rallied 69 cents to close at $57 in an exchange of 65,202 stock units, Salada Foods shed 62 cents to close at $8, with 57,825 stocks crossing the market. Seprod gained 99 cents to finish at $74.49 with the swapping of 175,821 shares, Supreme Ventures declined 95 cents in closing at $19.95 after an exchange of 53,982 stocks and Wisynco Group lost 20 cents to close at $15.75 in transferring 50,623 units.
In the preference segment, Eppley 8.25% spiked 80 cents in closing at $6.85 with 157 units changing hands and JMMB Group 7.15% – 2028 gained 20 cents to end at $3.25 in trading 65,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big drop for JSE majors – Monday

Stocks suffered a big reversal at the close of trading on Monday with the market after stock prices fell twice as much as those that rose, with the value of stocks trading dropping 60 percent with marginally lighter volume compared to trading on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index plunged 7,165.97 points to 464386.22, the JSE Main Index dived 5,561.25 points to 425,548.58, while the JSE Financial Index slipped just 2.42 points to 104.87. Trading ended with 51 securities compared to 48 on Friday, with 13 stocks rising, 25 declining and 13 remaining unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 18,854,189 shares trading for $72,201,390 versus 19,122,031 units at $179,348,158 on Friday. Wigton Windfarm led trading with 48.8 percent of total volume for an exchange of 9.20 million followed by Transjamaican Highway 15.6 percent with 2.94 million units, Sagicor Select Financial Fund cornered 10.5 percent, with 1.99 million units and Mayberry Investments with 9.5 percent for 1.79 million units changing hands.
Trading averaged 369,690 units at $1,415,714, down from 398,376 shares at $3,736,420 on Friday. Trading month to date averages 253,353 units at $3,956,090, in contrast to 247,075 units at $4,093,190 on Friday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments dipped 89 cents to $81.10 in trading 4,968 shares, Eppley dropped $1.35 to $42.65 in switching ownership of 610 stock units. First Rock Capital shed 75 cents to end at $15.50 in trading 5,122 shares, Jamaica Broilers closed $1.25 lower at $35.25 in exchanging 27,743 units, Jamaica Producers spiked $1.25 to $24.75 with 17,202 shares crossing the exchange, Kingston Properties slashed 92 cents off to end at $7.50 after a transfer of 18,357 units, Kingston Wharves dropped $3 to finish at $47 in switching ownership of 101,493 shares. Mayberry Investments rallied 73 cents in closing at $6.38 with an exchange of 1,794,042 stock units, Mayberry Jamaican Equities dipped 26 cents to $8.75 in trading 120,742 shares. NCB Financial declined $2 to $141 with the swapping of 33,912 stock units, Palace Amusement surged $175.27 to $1,350.27 with 324 units changing hands, PanJam Investment ended $1.84 lower at $67 with a transfer of 23,513 shares. Proven Investments shed 81 cents to close at $34.21 in trading 44,330 units, Sagicor Group dropped $2.30 to $56.31 after exchanging 19,889 stocks. Scotia Group fell 60 cents to $41 with the swapping of 10,820 units, Seprod slipped $1 to $73.50 trading 6,685 stocks, Sterling Investments lost 20 cents to close at $2.80 with 300,000 shares crossing the exchange and Supreme Ventures spiked $1.10 to $20.90 in switching ownership of 30,505 stocks.
In the preference segment, Eppley 8.25% lost 55 cents to end at $6.05 with the swapping of 774 stocks and JMMB Group 7.25% popped 40 cents to $1.50 in an exchange of 11 units.

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

Most JSE USD stocks fell on Monday

Trading on the USD market of the Jamaica Stock Exchange was moderate on Monday but the number of securities rose over Friday’s level and leading to an exchange of 52 percent more shares changing hands than occurred on Friday.
Seven securities traded, up from four on Friday with one rising, four declining and two remaining unchanged. The JSE USD Equity Index gained 0.07 points to end at 195.53.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with, 267,871 shares for US$17,654, up from 176,171 units at only US$2,551 on Friday. Trading averaged 38,267 units at US$2,522 in contrast to 44,043 shares at US$638 on Friday. Trading month to date averages 74,637 units at US$3,985 in contrast to 76,931 units at US$4,078 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital fell 0.88 of a cent to close at 8 US cents with an exchange of 41,802 shares, Margaritaville gained 0.2 of a cent to finish at 9.2 US cents with a transfer of 961 units, Proven Investments remained at 25.01 US cents after 20,151 stocks changed hands. Sterling Investments fell 0.11 of a cent to 1.99 US cents with 96,845 shares passing through the market, Sygnus Credit Investments traded 42,412 stock units at 15 US cents and Transjamaican Highway slipped 0.01 of a cent to 0.85 US cents with 65,500 units crossing the exchange.
In the preference segment, JMMB Group 6% declined by 0.05 of a cent to end at US$1.10 with 200 shares changing hands.

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

Mixed trading for JSE Main Market

Market activity ended Friday, with the All Jamaican Composite being the only major index of the Main market to rise following a 141 percent spike in the volume of shares traded with the value climbing 98 percent higher than on Thursday at the close of Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index sprung 2,108.95 points higher to 471,552.19, the JSE Main Index fell 623.96 points to end at 431,109.83 and the JSE Financial Index slipped 0.23 points to 107.29.
Trading ended with 48 securities similar to Thursday, with 19 stocks rising, 16 declining and 13 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17.1 based on ICInsider.com’s 2021-22 earnings forecast.
At the close, 19,122,031 shares traded for $179,348,158 versus 7,921,981 units at $90,793,813 on Thursday. Wigton Windfarm dominated trading with 66.1 percent of total volume after trading 12.63 million shares, followed by Transjamaican Highway 7.6 percent, with 1.46 million units and QWI Investments 5.2 percent, with 985,428 units changing hands.
Trading averaged 398,376 units at $3,736,420, compared to 165,041 shares at $1,891,538 on Thursday. Trading month to date averages 247,075 units at $4,093,190, in contrast to 238,979 units at $4,112,281 on Thursday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied 39 cents to $81.99 with an exchange of 4,792 shares, Caribbean Cement advanced $2.18 to $95 after a transfer of 6,763 shares, Eppley rose $1 to $44 with 1,515 units crossing the market. Eppley Caribbean Property Fund spiked $2.90 to $44.90 in trading 11,396 stocks, First Rock Capital rallied 25 cents to $16.25, with 3,435 clearing the market, Grace Kennedy fell 95 cents to $98 with 9,117 stocks changing hands. Guardian Holdings dropped $5 to an all-time low of $680 in switching ownership of 185,472 shares, Jamaica Broilers popped 50 cents to $36.50 with 21,212 stock units crossing the market, Jamaica Producers shed $1.50 to close at $23.50 in exchanging 63,154 shares, Kingston Properties ended $1.65 lower at $8.42 with the swapping of 8,250 units. Kingston Wharves spiked $3.50 to $50 in exchanging 104,631 shares, Margaritaville shed 65 cents at $13.60 with 3,233 units crossing the market, NCB Financial fell $1.95 to $143 after trading 23,105 shares, Palace Amusement rose $1 to $1,175 in transferring 177 units, Pan Jam Investment surged $3.84 to $68.84 in switching 3,770 stock units. Portland JSX sprung 61 cents higher to $9.41 with 948 units changing hands, Proven Investments shed 37 cents to close at $35.02 in trading 20,407 stocks, Sagicor Group dived $4.23 to $58.61, with 267,469 shares clearing the market, Stanley Motta gained 25 cents to close at $5.90 with an exchange of 68,437 stocks, Sterling Investments rallied 20 cents to $3 with 973 stock units changing hands and Wisynco Group popped 49 cents higher to $15.98 in trading 176,609 shares.
In the preference segment, Eppley 8.25% dipped 30 cents to end at $6.60 after trading 754 units.

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

Trading drops on JSE USD Market

Trading ended on Friday with the USD market on the Jamaica Stock Exchange rising moderately as investors swapped marginally more shares at substantially less value than on Thursday.  
Trading ended with four securities changing hands, compared to six on Thursday, with the prices of three rising, none declining and one remaining unchanged.
The JSE USD Equity Index rising 0.87 points to 195.46. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 176,171 shares traded for US$2,551 compared to 165,898 units at US$10,920 on Thursday.
Trading averaged 44,043 units at US$638, versus 27,650 shares at US$1,820 on Thursday. Trading month to date averages 76,923 units at US$4,078 down from 78,048 units at US$4,206 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital advanced 0.88 of a cent to 8.88 US cents with an exchange of 11 shares, Margaritaville remained at 9 US cents with 12,900 stocks traded, Sterling Investments rose 0.1 of a cent to 2.1 US cents with 100 units changing hands and Transjamaican Highway gained 0.01 of a cent to end at 0.86 of a US cent with 163,160 shares crossing the exchange.

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

Down day for JSE majors

In Thursday’s stock market activity, declining stocks dominated market activity with the market declining after falling stocks outnumbered rising ones three to two, with a 24 percent decline in the volume of stocks trading, with the value plunging 34 percent from Wednesday’s levels, at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 3,424.63 points to 469,443.24, the JSE Main Index declined 3,894.62 points to end at 431,733.79 and the JSE Financial Index fell 1.12 points to 107.52.
Trading ended with 48 securities compared to 49 on Wednesday, with 15 stocks rising, 22 declining and 11 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17.1 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 7,921,981 shares trading for $90,793,813 down from 10,422,317 units at $137,283,960 on Wednesday. Wigton Windfarm led trading with 16.6 percent of total volume after exchanging 1.32 million shares, followed by Sagicor Select Financial Fund 15.1 percent with 1.20 million units and JMMB Group 7.25% preference share 11.9 percent, with 939,170 units.
Trading averaged 165,041 units at $1,891,538, compared to 212,700 shares at $2,801,713 on Wednesday. Trading month to date averages 238,979 units at $4,112,281, in contrast to 243,159 units at $4,237,836 on Wednesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Caribbean Cement declined $2.18 to $92.82 in trading 18,118 shares, Eppley spiked $4.90 to $43 in switching ownership of 1,100 units, Eppley Caribbean Property Fund gained 25 cents in closing at $42 after a transfer of 11,510 shares, First Rock Capital rose 50 cents to $16 with 10,546 units changing hands. Grace Kennedy shed 50 cents to close at $98.95 with the swapping of 45,461 stocks, Guardian Holdings ended $25.99 lower at a new low of $685 with 10,021 stock units crossing the market, JMMB Group fell 50 cents to $38 in an exchange of 465,053 shares, Margaritaville gained 25 cents to close at $14.25 in transferring 955 units. Mayberry Investments lost 49 cents to end at $5.65 with the swapping of 2,000 stocks, NCB Financial rallied $1.93 to finish at $144.95 after 22,820 shares cleared the market. Palace Amusement shed $1 to close at $1,174 in switching ownership of 138 units, Pan Jam Investment declined $4.49 to $65 with an exchange of 60,000 stocks, Portland JSX popped 62 cents to $8.80, trading 80,100 shares. Sagicor Real Estate Fund fell 55 cents to $8.50 after an exchange of 290 units, Scotia Group advanced $1.70 to $41.70 in switching ownership of 39,847 stock units, Sterling Investments shed 20 cents to close at $2.80 with the swapping of 221,807 shares, Supreme Ventures rallied 41 cents to $19.80 in an exchange of 249,511 shares and Wisynco Group shed 35 cents to close at $15.49 after and exchange of 56,894 stocks.
In the preference segment, JMMB Group 7.25% lost 40 cents to close at $1.10 after exchanging 939,170 stock units and Productive Business Solutions 9.75% preference share dropped $4.89 to $100.11 in trading 10,000 units.

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

Slippage for JSE USD Market

Trading on Thursday ended with the USD market declining after traded sunk with 51 percent fewer shares than on Wednesday, resulting in rising stocks edging out those that declined.
Six securities changed hands, similar to Wednesday, with prices of two rising, one declining and three closing unchanged.
The JSE USD Equity Index fell 0.59 points to end at 194.59. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 165,898 shares traded for US$10,920 versus 336,261 units at US$10,167 on Wednesday.
Trading averaged 27,650 units at US$1,820, versus 56,044 shares at US$1,694 on Wednesday. Month to date trading averages 78,048 units at US$4,206 in contrast to 81,042 units at US$4,348 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital rose 0.79 of a cent to 8 US cents with an exchange of 8,364 shares, Margaritaville remained at 9 US cents in swapping of 57,398 shares, Proven Investments dropped 0.84 of a cent to 25.01 US cents with 10,663 shares traded. Sterling Investments closed at 2 US cents with a transfer of 25,502 stocks, Sygnus Credit Investments popped 1 cent to 15 US cents, with 8,631 units changing hands and Transjamaican Highway settled at 0.85 of a US cent after 55,340 stock units crossed the exchange.

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

Volume climbs for JSE USD stocks

Trading on Wednesday ended with the market rising after trading 51 percent more shares than on Tuesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Six securities traded on Wednesday, compared to five on Tuesday with three stocks rising, one declining while two finished unchanged.
The JSE USD Equity Index gained 1.04 points to end at 195.18. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 336,261 shares traded for US$10,167 compared to 223,012 units at US$22,412 on Tuesday.
Trading averaged 56,044 units at US$1,694, in contrast to 44,602 shares at US$4,482 on Tuesday. Trading averaged 81,042 units for the month to date at US$4,348 in contrast to 82,621 units at US$4,516 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital declined 0.79 of a cent to close at 7.21 US cents after trading two shares, MPC Caribbean Clean Energy remained at US$1.05 after 45 stock units changed hands, Proven Investments popped 0.8 of a cent to  25.85 US cents after the trading of 29,433 shares. Sterling Investments remained at 2 US cents with 2,155 shares clearing the market and Transjamaican Highway gained 0.03 of a cent to close at 0.85 US cents with the swapping of 304,576 units.
In the preference segment, JMMB Group 6% increased 7 cents to US$1.10, trading 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE Main Market

Market activity ended on Wednesday with the market declining after an even number of stocks advanced and declined, with 14 percent more shares trading with slightly greater value than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dipped 361.17 points to 472,867.87, the JSE Main Index fell 704.18 points to 435,628.41 and the JSE Financial Index slipped 0.54 points to 108.64.
Trading ended with 49 securities compared to 51 on Tuesday, with 20 stocks rising, 20 declining and nine remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 10,422,317 shares trading for $137,283,960 versus 9,136,559 units at $130,802,962 on Tuesday. Wigton Windfarm led trading with 23.3 percent for an exchange of 2.41 million shares, followed by Transjamaican Highway with 21.3 percent after trading 2.21 million units and JMMB Group 10.7 percent with 1.11 million units.
Trading averaged 212,700 units at $2,801,713, compared to 179,148 shares at $2,564,764 on Tuesday. Trading month to date averages 243,159 units at $4,237,836, in contrast to 245,024 units at $4,325,798 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 70 cents in closing at $81.70 after a transfer of 84,209 shares. Eppley dropped $5.90 to $38.10 in exchanging 363 units, Eppley Caribbean Property Fund ended 25 cents lower at $41.75 after trading 11,081 stocks, First Rock Capital shed 50 cents to close at $15.50 with 6,009 units changing hands. Guardian Holdings drifted $9 down to $a new low of $710.99 with 2,589 stock units clearing the market, Jamaica Producers popped 47 cents to $25 with 28,477 shares changing hands, Mayberry Investments rallied 54 cents to $6.14 with an exchange of 178 units. NCB Financial lost 51 cents in closing at $143.02, with 27,056 shares crossing the exchange, Palace Amusement rallied $75 to $1,175 with a transfer of 918 stocks, Pan Jam Investment spiked 89 cents to $69.49 in trading 8,563 shares. Proven Investments fell 98 cents to $35.50 in exchanging 5,002 stocks, Sagicor Real Estate Fund rallied 73 cents to $9.05 with the swapping of 27,282 units, Scotia Group fell $1.95 to $40 after 963,945 shares crossed the exchange, Sterling Investments gained 19 cents to end at $3 in switching ownership of 15,954 stocks, Supreme Ventures advanced $1.74 to $19.39 with 37,373 stock units changing hands.
In the preference segment, 138 Student Living Preference share dropped $1.41 to $6.50 in trading 250 stock units, Eppley 8.25% rose 85 cents to $6.90 with 1,505 stocks crossing the market and JMMB Group 7.25% rallied 35 cents to $1.50 in a transfer of 40,000 shares.

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