Trading remained low keyed on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands declining 76 percent valued 90 percent lower than on Wednesday, with just 31,154 shares traded for US$662 down from 127,343 units at US$6,740 on Wednesday and resulting in trading in five securities, compared to six on Wednesday with one rising, two declining and two ending unchanged.
Trading averaged 6,231 units at US$132, versus 21,224 shares at US$1,123 on Wednesday, with a month to date average of 27,035 shares at US$1,296 compared with 28,258 units at US$1,365 on the previous day and well off from November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index gained 2.06 points to 224.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.2. The PE ratio is computed based on the last traded price divided by projected earnings that are computed by ICInsider.com for companies with their financial year ending and or around August 2024.
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 dipped 1.6 cents and ended at 10.9 US cents while exchanging 1,008 stock units, Productive Business Solutions ended at US$1.55 with investors swapping 35 stocks, Proven Investments fell 0.42 of a cent to 14.49 US cents after an exchange of 9 shares. Sygnus Credit Investments ended at 9 US cents with a transfer of 4 stocks and Transjamaican Highway climbed 0.05 of a cent to end at 1.65 US cents as investors exchanged 30,098 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on JSE USD Market
Trading drops prices rise on the Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with more securities changing hands than the previous day but resulted in the volume of stocks traded declining by 75 percent, with the value 65 percent lower than on Wednesday resulting from trading in 20 securities up from 13 on Wednesday and ended with prices of 11 rising, seven declining and two remaining unchanged.
Investors exchanged 100,718 shares for $931,366 versus 407,014 stocks at $2,676,279 on Wednesday.
An average of 5,036 units were traded at $46,568 compared with 31,309 shares at $205,868 on Wednesday, with trading month to date averaging 17,254 shares at $249,160 compared with 18,102 units at $263,229 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index popped 2.56 points to lock up trading at 1,207.94, the All T&T Index gained 4.26 points to wrap up trading at 1,803.65, the SME Index fell 1.90 points to cease trading at 70.72 and the Cross-Listed Index rallied 0.10 points to cease trading at 79.84.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s gained 35 cents to close at $68.50 with an exchange of 3,000 stocks, Angostura Holdings dipped $1.95 to close at $19.99, with 5,133 units changing hands, Ansa McAl popped $1 in closing at $55 with investors swapping 89 shares. Endeavour Holdings sank 40 cents to $13.10 in an exchange of 504 stock units, First Citizens Group rose 39 cents to $49.50 with trader dealing in 400 shares, FirstCaribbean International Bank declined 4 cents to $7.01 and closed with an exchange of 137 units. GraceKennedy popped 5 cents in closing at $4.16 after investors exchanged 40,000 stocks, Guardian Holdings rose 35 cents and ended at $18.60 with investors dealing in 850 stock units, L.J. Williams B share advanced 4 cents to close at $2.24 after a transfer of 1,000 shares. Massy Holdings shed 4 cents to end at $4.40 trading 16,099 units, National Enterprises ended at $4.15 with investors transferring 14,741 stocks, National Flour Mills fell 21 cents to $1.74, with 10,035 stock units crossing the market. One Caribbean Media rallied 10 cents to close at $3.50 as investors exchanged 17 shares, Prestige Holdings rose 5 cents to end at a 52 weeks’ high of $9.30 with a transfer of 164 stock units, Republic Financial rallied $1.84 and ended at $122.84 after 1,642 units passed through the market. Scotiabank ended at $69.95 with investors trading 219 stocks, Trinidad & Tobago NGL popped 5 cents in closing at $10.35 in an exchange of 1,912 units, Trinidad Cement climbed 14 cents to close at $3 with 4,515 shares clearing the market. Unilever Caribbean lost 5 cents to end at $11.20 in trading 235 stock units and West Indian Tobacco skidded 5 cents and ended at $8.95 after an exchange of 26 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading fell back on TTSE on Wednesday
Trading resumed on the Trinidad and Tobago Stock Exchange on Wednesday, following the break for the Christmas holidays and ended with the volume of stocks traded declining 18 percent with the value 79 percent lower than on Friday resulting from trading in 13 securities compared with 15 on Friday, with the price of just one stock rising, four declining and eight remaining unchanged.
Investors exchanged 407,014 shares for $2,676,279 down from 498,663 stock units at $13,047,460 on Friday.
An average of 31,309 shares were traded at $205,868 down from 33,244 stock units at $869,831 on Friday. Trading for the month to date averages 18,102 shares at $263,234 compared with 17,478 units at $265,945 on the prior trading day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index inched 1.04 points higher to end at 1,205.38, the All T&T Index rallied 2.01 points to close at 1,799.39, the SME Index remained at 72.62 and the Cross-Listed Index ended unchanged at 79.74.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostini’s slipped 35 cents to $68.15 with investors swapping 1,441 shares, CinemaOne ended at $7.20 with an exchange of 192,579 stock units, First Citizens Group shed 10 cents to end at $49.11 after 1,018 shares were traded. FirstCaribbean International Bank ended at $7.05 after an exchange of 4,025 stock units, Guardian Media rose 19 cents and ended at $2.20 in trading 200 shares, L.J. Williams B share declined 4 cents to $2.20, with 2,570 stocks crossing the exchange. Massy Holdings ended at $4.44 in switching ownership of 6,142 units, National Enterprises ended at $4.15 with investors exchanging 176,055 stock units, Prestige Holdings closed at $9.25, with an exchange of 9,942 shares. Republic Financial lost $1.84 to end at $121 in an exchange of 832 stock units, Scotiabank slipped 4 cents to $69.95 in trading 475 units, Trinidad & Tobago NGL remained at $10.30 with investors trading 10,985 stocks and Unilever Caribbean dipped 10 cents in closing at $11.25 after 750 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Subdued trading on the JSE USD Market
Trading resumed on Wednesday on the Jamaica Stock Exchange US dollar market after the break for the Christmas Holidays and ended with a 20 percent decline in the volume of stocks changing hands but with 146 percent greater value than on Friday, resulting in trading in six securities, similar to Friday and ended with prices of three stocks rising, one declining and two ending unchanged.
At the close of trading, 127,343 shares were exchanged at US$6,740 compared with 159,494 stock units at US$2,742 on Friday.
Trading ended with an average of 21,224 shares at US$1,123 compared to 26,582 shares at US$457 on Friday, with a month to date average of 28,258 units at US$1,365 compared with 28,793 stock units at US$1,383 previously. November ended with an average of 249,102 shares for US$14,204.
The US Denominated Equities Index added 1.32 points to close at 222.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
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, Margaritaville rose 1.75 cents to close at 12.5 US cents in exchanging 95 shares, Proven Investments climbed 0.91 of one cent to 14.91 US cents after trading of 3,543 stocks, Sterling Investments popped 0.02 of a cent to close at 1.6 US cents with a transfer of 350 shares. Sygnus Credit Investments ended at 9 US cents after 8,525 stocks were exchanged and Transjamaican Highway ended at 1.6 US cents with a transfer of 114,502 shares.
In the preference segment, Productive Business Solutions 9.25% preference share dipped 50 cents to US$11, with 328 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.