The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market declining after investors traded more than twice the shares on Friday, resulting in more stocks falling than rising.
At the close of the market, trading ended with five securities changing hands compared to six on Friday and ended with the prices of two stocks rising, two declining and one remaining unchanged.
The JSE USD Equities Index lost 1.10 points to settle at 191.77 and the average PE Ratio of the market ended at 13.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 774,661 shares, accounting for US$24,766 compared to 332,053 units at US$17,651 on Friday.
The market closed, with an average of 154,932 units trading at US$4,953 on Monday, in contrast to 55,342 shares at US$2,942 on Friday. Trading ended with an average of 66,102 units for the month to date at US$4,389 in comparison to 46,791 units at US$4,267 up to Friday. By contrast, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Proven Investments lost 0.18 of a cent and settled at 24.8 US cents, with 48,055 shares crossing the market, Sterling Investments fell a fourth of a cent to end at 2.23 US cents after 76,918 stock units changed hands. Sygnus Credit Investments added a half of a cent and ended at 17 US cents while exchanging 26,000 stock units and Transjamaican Highway added 0.02 of a cent in closing at 0.95 of a US cent in an exchange of 622,818 units.
In the preference segment, JMMB Group 6% closed the trading of 870 stock units at US$1.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising and falling JSE USD stocks tied
JSE USD market record gains
The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market index rising after investors traded four times more shares than on Wednesday, resulting in stocks rising outnumbering declining ones.
At the close of the market, trading ended with six securities changing hands with the prices of four stocks rising, one declining and one remaining unchanged.
The JSE USD Equities Index rose 4.19 points to settle at 192.87, with the average PE Ratio of the market ended at 13.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 332,053 shares, accounting for US$17,651 compared to 83,915 units at US$19,876 on Wednesday.
Trading resulted in an average of 55,342 units at US$2,942 changing hands on Friday, in contrast to 11,988 shares at US$2,839 on Wednesday. Trading ended with an average of 46,791 units for the month to date at US$4,267, in contrast to 43,773 units at US$4,734. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows one stock ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital Investment remained at 9 US cents with an exchange of 151 shares, Proven Investments ended with a modest gain, with the price moving from 24.97 US cents to 24.98 US cents and closed with a mere one unit passing through the market.
Sterling Investments gained seven-tenth of a US cent to end at 2.65 US cents with investors exchanging 10,000 stocks, Sygnus Credit Investments gained 1.3 US cents to close at 16.5 US cents, with 9,237 stock units changing hands and Transjamaican Highway lost a fraction of a cent to close at 0.93 of a US cent while exchanging 300,000 shares.
In the preference segment, JMMB Group 6% carved out a gain of 6 US cents to close at US$1.05 in clearing the market with 12,664 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market closed higher
The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market index rising after investors traded 70 percent fewer shares than on Tuesday and ended with more stocks rising than falling.
At the close of the market, trading ended with seven securities changing hands with the prices of three stocks rising, one declining and three remaining unchanged.
The JSE USD Equities Index carved out a gain of 2.97 points to settle at 188.68 and the average PE Ratio of the market ended at 13.1 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 83,915 shares, accounting for US$19,876 compared to 282,053 units at US$49,800 on Tuesday. Trading on Wednesday ended, with the average at 11,988 units for US$2,839, in contrast to an average of 56,411 shares at US$9,960, on Tuesday. Trading ended with an average of 43,773 units for the month to date at US$4,734 in contrast to 66,023 units at US$6,061. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and one with lower offers. At the close of the market,
First Rock Capital Investment advanced 1.5 US cents in ending at 9 US cents, with 7,555 stock units crossing the market, Margaritaville closed at 14 US cents, after 1,500 units passed through the market. Proven Investments climbed 1.98 cents to settle at 24.97 US cents trading 61,906 shares, Sygnus Credit Investments rose two-tenths of a cent closed at 15 US cents changing hands 5,400 stocks and Transjamaican Highway stayed at 1 US cent exchanging 4,146 stocks.
In the preference share segment, JMMB Group 5.75% settled at US$1.50 after exchanging 143 units and JMMB Group 6% fell US 6 cents to end at 99 US cents in trading 3,265 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market slips on Tuesday
The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market slipping after investors traded 25 percent fewer shares than on Monday, resulting in more stocks falling than rising.
At the close of the market, trading ended with five securities changing hands with the prices of one stock rising, four declining and none remaining unchanged.
The JSE USD Equities Index carved out a loss 2.04 points to settle at 185.71, and the average PE Ratio of the market ended at 12.7 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 282,053 shares, accounting for US$49,800 compared to 378,176 units at US$10,807 on Monday.
At the end of market activity on Tuesday, an average of 56,411 shares traded at US$9,960, in contrast to an average of 75,635 shares at US$2,161 on Monday. Trading ended with an average of 66,023 units for the month to date at US$6,061. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital Investment shed 1.5 US cents to end at 7.5 US cents in an exchange of 8,800 units.
Proven Investments fell 0.51 US cent to settle at 22.99 US cents while 143,753 stocks changed hands, Sygnus Credit Investments climbed US 1.2 cents in closing at 15 US cents and trading 13,000 stocks and Transjamaican Highway closed at 0.95 US cent with 110,000 stock units passing through the market after the price slipped from 0.097 cents.
In the preference segment of the market, JMMB Group 5.75% lost by 4 US cents in closing at US$2.01, with investors exchanging 6,500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market up on lower volume
The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market index rising after investors traded 46 percent fewer shares than on Friday, with more stocks rising than falling.
At the close of the market, trading ended with five securities changing hands with the prices of three stocks rising and two declining.
The JSE USD Equities Index advanced by 1.60 points to settle at 187.75, and the average PE Ratio of the market ended at 12.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 378,176 shares, accounting for US$10,807 compared to 704,435 units at US$124,817 on Friday.
An average of 75,635 units traded on Monday at US$2,161 for each security. In contrast to an average of 234,812 shares at US$41,606 on Friday. By comparison, July ended with an average of 133,150 units for US$18,282 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows one stock ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment gained half of a cent and settled at 9 US cents, with 5,505 stocks crossing the market, Margaritaville added three-tenths of a cent to close at 14 US cents with investors swapping 1,865 units. Proven Investments carved out a gain of 1 US cent to end at 24 US cents, with 22,906 shares clearing the market, Sygnus Credit Investments lost three-tenths of a cent to end at 14.8 US cents with an exchange of 10,291 stock units and Transjamaican Highway fell from 0.98 US cents to 0.97 of a cent, with 337,609 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index declined 714.74 points to close at 404,150.40, the Main Index shed 703.29 points to settle at 368,853.34 and JSE Financial Index fell 0.43 points to end at 95.34.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves gained $1 to end at $51, with 3,270 stocks changing hands. Mayberry Investments climbed 90 cents to close at $5.90 with an exchange of 300 shares, Mayberry Jamaican Equities advanced by 44 cents to end at $9.19 with investors switching ownership of 10,750 units, Palace Amusement rose $11 to close at $1561, with nine units clearing the market. PanJam Investment shed $1 to close at $68 trading 6,594 stocks, Proven Investments carved out a gain of $1.05 to finish at $34.95 with investors switching ownership of 4,371 stock units, Sagicor Group dropped 50 cents to close at $42 with investors exchanging 33,395 stocks. Sagicor Real Estate Fund gained $1.02 to end at $8.88 while exchanging 110 stock units, Seprod gained 96 cents to settle at $56.96, with 36,600 shares crossing the exchange and Wisynco Group advanced 50 cents to $17.60 with investors wapping 85,689 stock units.
At the close, the All Jamaican Composite Index dropped 2,905.64 points to close at 404,865.14, the Main Index shed 2,630.02 points to settle at 369,556.63 and the JSE Financial Index 1.24 points to close at 95.77.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves carved out a loss $3.50, with $50 569 units passing through the market. Mayberry Investments lost 99 cents to close at $5 trading 104,727 stocks, Mayberry Jamaican Equities lost 55 cents to end at $8.75 in trading 51,450 units, Palace Amusement dropped by $232.50 to end at $1,550 while exchanging 172 shares. PanJam Investment gained $3 to sit at $69, with 2,258 shares crossing the exchange, Sagicor Group carved out a loss $1.45 to close at $42.50, after 111,287 units changed hands, Scotia Group fell $3.95 to $44.05 in an exchange of 25,815 shares and Sygnus Credit Investments declined by 50 cents to settle at $16 while exchanging 9,658 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
Sagicor Real Estate Fund dropped $1.03 to end at $7.86 trading 455 stocks. Salada Foods shed $2 to close at $27 in an exchange of 265 stock units, Scotia Group lost $3.70 to settle at $48 with 41,184 shares traded, Supreme Ventures lost 39 cents to finish at $15.10 with 130,605 shares changing hands. Sygnus Credit Investments fell 30 cents to end at $16.50, with an exchange of 11,550 stock units, Victoria Mutual Investments gained 53 cents to finish at $7.03, with investors transferring 257,519 units and Wisynco Group carved out a loss 57 cents to close at $17.05 with 64,103 units crossing the exchange.
The Jamaica Stock Exchange Main Market ended trading on Monday with the market rising in a bullish session at the start of August after more stocks rose than fell after investors exchanged 39 percent fewer shares with 70 percent higher value than they did on Friday.
The market closed with an exchange of 8,211,306 shares for $88,195,049 compared to 13,543,115 units at $51,906,344 on Friday.
Mayberry Jamaican Equities increased 60 cents to close at $9.35, with 14,901 shares changing hands, NCB Financial Group carved out an increase of $1.48 to close at $139.98 and finishing with 9,557 units crossing the exchange. Palace Amusement jumped $232.50 to close at $1,782.50 in an exchange of just four units, Proven Investments declined by 45 cents in ending at $34.30 in an exchange of 832 units, Sagicor Group rose $1.01 to settle at $44, with 3,938 stock units trading. Salada Foods rose $1 to settle at $29 with investors swapping just one stock, Scotia Group climbed sharply by $5.21 to close at $51.70 with investors trading 518,331 shares, Stanley Motta rose by 43 cents to close at $5.13 in trading 10,010 stock units. Supreme Ventures gained 49 cents in ending at $15.49 after 1,129,584 shares crossed the exchange, Sygnus Credit Investments rose 93 cents to end at $16.80 trading 1,500 shares and Victoria Mutual Investments carved out a loss 53 cents to close at $6.50 while exchanging 126,311 stock units.
At the close, the All Jamaican Composite Index carved out a gain of 4,915.75 points to settle at 405,893.04; the Main Index gained 4,474.49 points to end at 370,421.97, the JSE Financial Index advanced by 1.37 points to settle at 95.97.
An average of 374,929 units traded for the month to date at $2,445,605 for each security that traded, in contrast to 376,532 units at $2,496,231. Trading month to date compares adversely to June that ended with an average of 818,748 units at $7,498,308.
NCB Financial increased $2.50 to close at $138.50, with 12,621 stocks crossing the market, 138 Student Living carved out a loss 84 cents to settle at $6.04 with an exchange of 3,397 shares. PanJam Investment dropped 94 cents to end at $66.06, in finishing trading of 553 stock units, Sagicor Group rose 99 cents to end at $42.99 in exchanging 9,421 shares, Scotia Group increased $3.49 to $46.49 trading 55,656 units, Supreme Ventures gained 50 cents in ending at $15, with investors switching ownership of 24,033 units and Sygnus Credit Investments declined by 50 cents to close at $15.87 in an exchange of 13,780 shares.