Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 56 percent valued 78 percent less than the value on Tuesday and resulting in six securities being traded, compared to seven on Tuesday, with one rising, one declining and four ending unchanged.
Overall, 368,630 shares were traded, for US$6,490 compared to 830,053 units at US$28,943 on Tuesday.
Trading averaged 61,438 units at US$1,082, versus 118,579 shares at US$4,135 on Tuesday, with a month to date average of 77,132 shares at US$4,813 compared with 78,103 units at US$5,044 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 1.95 points to close at 225.90.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 none with a lower offer.
At the close, MPC Caribbean Clean Energy remained at 57 US cents after 635 units passed through the market, Proven Investments ended at 15 US cents with investors trading 318 stock units, Sterling Investments ended at 1.7 US cents with investors exchanging 15,000 shares. Sygnus Credit Investments rose 0.29 of a cent to close at 9 US cents with a transfer of 450 stocks and Transjamaican Highway fell 0.13 of a cent and ended at 1.6 US cents with investors exchanging 352,217 shares.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50, with 10 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE US dollar market
Trading rises but TTSE falls
Trading ended Wednesday, with a 60 percent jump in the volume of stocks traded following a 91 percent hike in the value compared to trading on Tuesday at the close of the Trinidad and Tobago Stock Exchange on Wednesday and resulting in 19 securities trading similar to Tuesday, as market activity ended with seven stocks rising, six declining and six remaining unchanged.
Investors exchanged 318,474 shares for $2,362,255 versus 199,128 stock units at $1,237,033 on Tuesday.
An average of 16,762 units were traded at $124,329 compared to 10,480 shares at $65,107 on Tuesday, with trading month to date averaging 16,725 shares at $223,515 compared with 16,722 units at $231,238 on the previous day. The average trade for October amounts to 15,711 shares at $151,451.
The Composite Index shed 9.56 points to lock up trading at 1,194.42, the All T&T Index fell 5.01 points to 1,810.22, the SME Index remained unchanged at 71.71 and the Cross-Listed Index dropped 2.02 points to conclude trading at 74.96.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings skidded 1 cent to $22.15 with investors dealing in 45 stock units, Ansa McAl ended at $57, with 6,204 shares crossing the market, Calypso Macro Investment Fund increased 70 cents in closing at $23.45 while investors exchanged 14 units. First Citizens Group popped 15 cents to close at $49.25 with a transfer of 6,704 stocks, GraceKennedy advanced 20 cents and ended at $3.85, with 37,933 shares crossing the market, Guardian Holdings rose 35 cents to $19 with a transfer of 39,854 stocks. Guardian Media fell 19 cents in closing at $2.01, with 1,089 units changing hands, JMMB Group remained at $1.41 with an exchange of 15,007 stock units, L.J. Williams B share gained 1 cent to end at $2.26, with 1,000 shares clearing the market. Massy Holdings ended at $4.40 after investors traded 24,463 stock units, National Enterprises remained at $3.54 after an exchange of 14,238 stocks, National Flour Mills declined 18 cents to end at $1.52 after 52,140 units passed through the market. NCB Financial rallied 13 cents to $3.33 with traders dealing in 104,298 stocks, Prestige Holdings lost 8 cents to close at $11.30, with 1,834 units crossing the exchange, Republic Financial dipped $2.50 and ended at $120 in swapping 780 shares. Scotiabank ended at $71 and closed with an exchange of 551 stock units, Trinidad & Tobago NGL shed 35 cents in closing at $10.65 in an exchange of 4,351 shares, Trinidad Cement remained at $2.86 with shareholders swapping 7,954 units and Unilever Caribbean climbed 12 cents to close at $11.12 in an exchange of 15 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Buoyant JSE USD Market trading
Trading remains buoyant on the Jamaica Stock Exchange US dollar market for a second day running on Tuesday, with the volume of stocks changing hands rising 63 percent valued 101 percent more than on Monday, and resulted from trading in seven securities, compared to four on Monday with three rising, one declining and three ending unchanged.
A total of 830,053 shares were traded, for US$28,943 up from 509,457 units at US$14,389 on Monday.
Trading on Tuesday averaged 118,579 shares for US$4,135 versus 127,364 shares at US$3,597 on Monday, with a month to date average of 78,103 shares at US$5,044 compared to 74,955 units at US$5,114 on the previous day and above October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 0.38 points to 227.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville climbed 1.26 cents and ended at 12.3 US cents, with 2,500 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading a mere one unit, Productive Business Solutions remained at US$1.55 with investors swapping 5 shares. Proven Investments fell 0.01 of a cent in closing at 15 US cents in an exchange of 109,252 stock units, Sterling Investments remained at 1.7 US cents passed through the market 4,075 shares, Sygnus Credit Investments popped 0.01 cent to 8.71 US cents while exchanging 4,135 units and Transjamaican Highway increased by 0.14 of a cent in closing at 1.73 US cents in switching ownership of 710,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Declining stocks overwhelmed Trinidad Exchange
Declining stocks overwhelmed trading on the Trinidad and Tobago Stock Exchange on Tuesday, following a sharp rise in the value and volume of stocks traded, as investors exchanged 294 percent more shares with a value 105 percent more than on Monday and resulting in trading in 19 securities compared with 18 on Monday, with 12 declining, four gaining and only three remaining unchanged.
Investors exchanged 199,128 shares for $1,237,033 up from 50,591 stock units at $603,565 on Monday.
An average of 10,480 stock units were traded at $65,107 compared to just 2,811 shares at $33,531 on Monday, with trading month to date averaging 16,722 shares at $231,238 compared with 17,250 units at $245,266 on the previous day and contrast with an average trade for October amounting to 15,711 shares at $151,451.
The Composite Index dipped 1.67 points to settle at 1,203.98, the All T&T Index skidded 1.21 points to cease trading at 1,815.23, the SME Index dipped 8.28 points to end the day at 71.71 and the Cross-Listed Index shed 0.30 points to conclude trading at 76.98.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped 5 cents in closing at $68.45 with a transfer of 12 stock units, Angostura Holdings lost 9 cents to end at $22.16 with500 shares, crossing the market, Calypso Macro Investment Fund dropped 75 cents to close at $22.75 in an exchange of 171 stock units. Endeavour Holdings fell $1.74 to end at $13.26 with shareholders dealing in 25 stocks, First Citizens Group shed 1 cent to close at $49.10 after 2,020 shares crossed the exchange, FirstCaribbean International Bank remained at $7 with investors swapping 3,280 units. GraceKennedy declined 10 cents to $3.65 while exchanging 33,156 stocks, L.J. Williams B share skidded 15 cents in closing at $2.25 with an exchange of just one stock unit, Massy Holdings rose 8 cents and ended at $4.40 with an exchange of 3,783 shares. National Enterprises fell 1 cent to end at $3.54, with 55,401 stock units clearing the market, National Flour Mills rallied 7 cents to $1.70 with stakeholders exchanging 36,932 stocks, One Caribbean Media popped 2 cents and ended at $3.52 after 1,000 units passed through the market. Prestige Holdings dipped 1 cent to close at $11.38 after exchanging 7 stocks, Republic Financial lost 8 cents in closing at $122.50 following 317 units crossing the market, Scotiabank gained $1 to end at $71 as investors exchanged 131 shares. Trinidad & Tobago NGL skidded 36 cents in closing at $11 after investors ended trading 334 stock units, Trinidad Cement ended at $2.86 with investors transferring 3,266 shares, Unilever Caribbean remained at $11, with 52,800 stocks changing hands and West Indian Tobacco shed 4 cents and ended at a 52 weeks’ low of $9.55 with traders dealing in 5,992 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.