Technology consultants, tTech dominated trading activity on the Junior Market of the Jamaica Stock Exchange on Thursday, accounting for 52 million shares in what is another acquisition of controlling interest in the company by Simply Secure Limited a company owned by Kevin Gordon and Rob Mayo-Smith, resulting in a 552 percent rise in the volume of stocks traded, with the value jumping 501 percent more than stocks traded on Wednesday.
Trading resulted in an exchange of 39 securities down from 40 on Wednesday and ended with prices of 15 rising, 20 declining and four closing unchanged and ended with the Junior Market Index popping 35.57 points to to end trading at 3,756.83, thus recovering 40 percent of yesterday’s loss of 87.25 points.
The market closed with trading of 58,236,687 shares for $126,195,317 compared with 8,929,651 units at $20,998,580 on Wednesday.
Trading averaged 1,493,248 shares at $3,235,777 compared with 223,241 units at $524,965 on Wednesday with the month to date, averaging 361,089 units at $653,959 compared to 198,758 stock units at $283,771 on the previous day and June with an average of 318,732 units at $696,979.
tTech led trading with 52.01 million shares for 89.3 percent of total volume followed by Jamaican Teas with 3.01 million stocks for 5.2 percent of the day’s trade and iCreate with 553,176 units for 0.9 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close, Access Financial sank $1.55 in closing at $19.95 in an exchange of a mere 182 shares, Caribbean Assurance Brokers gained 25 cents to close at $3.75 with 587 stocks clearing the market, Derrimon Trading rose 23 cents to end at $2.09 and closed after an exchange of 200 shares. Express Catering advanced 20 cents and ended at $4.05 in switching ownership of 10,790 stock units, Fontana dipped 7 cents to close at $7.88 after a transfer of 28,765 shares, Future Energy popped 14 cents to finish at $3.39, with 23,921 stock units crossing the exchange. Honey Bun fell 26 cents to $8.63 in trading 7,290 stocks, ISP Finance climbed $6.30 in closing at $27.30 after an exchange of just 2 units, Jamaican Teas dropped 25 cents to $2.15 in trading 3,010,199 stocks. Knutsford Express shed 10 cents and ended at $10.90, with 6,685 units changing hands, Mailpac Group declined 10 cents to end at $2.06 with traders dealing in 462,596 shares, Main Event lost 29 cents to close at $12.50 in an exchange of 10 stock units. MFS Capital Partners increased 12 cents to 98 cents after trading 50 shares, Omni Industries slipped 8 cents to close at $1.05 with a transfer of 109,639 stocks, Paramount Trading rallied 9 cents and ended at $1.08 with investors swapping 17,203 units. Regency Petroleum sank 21 cents to finish at $2.31 with 49,600 stock units crossing the market and tTech rose 25 cents to end at $2.30 with investors trading 52,014,452 shares, representing 49 percent of the issued shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push JSE USD Market down
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 50 percent after 262 percent more US dollars changed hands than on compared to Wednesday, resulting in trading in seven securities, similar to the previous day with prices of two declining and five ending unchanged.
The market closed on Thursday with an exchange of 222,252 shares for US$66,982 compared to 448,485 units at US$18,478 on Wednesday.
Trading averaged 31,750 stock units at US$9,569 versus 64,069 shares at US$2,640 on Wednesday, with a month to date average of 34,379 shares at US$3,294 compared with 34,955 units at US$1,922 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index skidded 6.85 points to end at 224.57.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.8. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
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 of trading, AS Bryden remained at 22.49 US cents with a transfer of 19,002 units, Proven Investments ended at 12 US cents as investors exchanged 5,740 stock units, Sterling Investments sank 0.06 of a cent and ended at 1.43 US cents in trading 969 shares. Sygnus Credit Investments ended at 7.5 US cents after a transfer of 649 stock units and Transjamaican Highway remained at 2 US cents with investors trading 149,965 shares.
In the preference segment, JMMB Group US8.5% preference share slipped 25 cents to close at US$1 in an exchange of 44,746 stocks and Sygnus Credit Investments E8.5% ended at US$10.40 with traders dealing in 1,181 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners & losers evenly split on TTSE
Stocks ended with an almost even split of gains and losses on the Trinidad and Tobago Stock Exchange on Wednesday after the volume of stocks traded rose 14 percent valued at 64 percent more than on Tuesday and resulting in 16 securities trading down from 19 on Tuesday and ending with prices of two stocks rising, three declining and 11 ended firm.
The market closed on Wednesday after 80,207 shares were exchanged for $1,014,983 compared to 70,659 stock units at $619,483 on Tuesday.
An average of 5,013 shares were traded at $63,436 compared with 3,719 units at $32,604 on Tuesday, with trading month to date averaging 6,737 shares at $106,677 compared with 6,944 units at $111,879 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rallied 6.12 points to 1,125.20, the All T&T Index rallied 1.98 points to lock up trading at 1,695.24, the SME Index remained unchanged at 86.35 and the Cross-Listed Index rose 1.48 points to culminate at 72.12.
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, Agostini’s remained at $69.50 with a transfer of 20 shares, Calypso Macro Investment Fund ended at $23.70 after an exchange of 700 stocks, First Citizens Group remained at $42.75 with investors transferring 581 shares. GraceKennedy ended at $3.69 with 471 stock units changing hands, JMMB Group rose 1 cent to close at $1.20 after a transfer of 1,200 shares, Massy Holdings remained at $3.95 with traders dealing in 26,303 stock units. National Enterprises ended at $3.25 and closed with an exchange of 2,459 units, National Flour Mills remained at $2.12 with 53 stocks changing hands, One Caribbean Media ended at $3.68 with 21,050 units clearing the market. Prestige Holdings ended at $12.80 with investors dealing in 15 shares, Republic Financial lost 15 cents to close at $115.10 after an exchange of 5,237 stock units, Scotiabank dropped 68 cents to end at $64.32 with investors swapping 57 stocks. Trinidad & Tobago NGL fell 1 cent to $7 in switching ownership of 13,238 shares, Trinidad Cement ended at $3 with investors trading 200 stocks, Unilever Caribbean rallied 19 cents and ended at $11.40, with 2,364 units crossing the market and West Indian Tobacco remained at $8.50 as investors exchanged 6,259 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading gains for JSE USD Market
Trading climbed on the Jamaica Stock Exchange US dollar market on Wednesday, with a 35 percent rise in the volume of stocks exchanged after a 20 percent greater value than on Tuesday, resulting in an exchange of seven securities, compared to five on Tuesday with prices of one rising, four declining and two ending unchanged.
The market closed with an exchange of 448,485 shares for US$18,478 compared to 331,393 units at US$15,388 on Tuesday.
Trading averaged 64,069 stock units at US$2,640 versus 66,279 shares at US$3,078 on Tuesday, with a month to date average of 34,955 shares at US$1,922 compared with 26,802 units at US$1,721 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index sank 7.21 points to close at 231.42.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.9. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the market, AS Bryden shed 2.8 cents to end at 22.49 US cents in switching ownership of 1,240 stock units, Proven Investments declined by 1 cent in closing at 12 US cents after a transfer of 32,159 shares, Sterling Investments remained at 1.49 US cents as investors exchanged 4,270 stocks. Sygnus Credit Investments rallied 0.75 of one cent to 7.5 US cents and closed after an exchange of 110,398 units and Transjamaican Highway fell 0.09 of a cent and ended at 2 US cents, with 300,345 shares changing hands.
In the preference segment, JMMB Group 5.75% slipped 7 cents to close at US$1.73 with traders dealing in 65 units and Sygnus Credit Investments E8.5% ended at US$10.40 in an exchange of 8 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD Market
In Tuesday’s trading on the Jamaica Stock Exchange US dollar market, the volume of stocks that were exchanged rose 32 percent, with a 24 percent lower value than on Monday, resulting in trading in five securities, similar to trading on Monday, with prices of one rising, two declining and two ending unchanged.
The market closed with an exchange of 331,393 shares for US$15,388 up from 250,977 stock units at US$20,236 on Monday.
Trading averaged 66,279 stocks at US$3,078 compared to 50,195 shares at US$4,047 on Monday, with a month to date average of 26,802 shares at US$1,721 compared with 16,933 units at US$1,381 on the previous day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index advanced 0.15 points to cease trading at 238.63.
The PE Ratio, a most used measure for computing appropriate stock values, averages 7.8. The PE ratio is computed based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
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 of trading, MPC Caribbean Clean Energy ended at 61 US cents after an exchange of 200 units, Proven Investments remained at 13 US cents with investors trading 70,726 stocks, Sterling Investments dipped 0.04 of a cent to close at 1.49 US cents, with 8,000 shares passing through the exchange. Sygnus Credit Investments gained 0.7 of one cent to finish at 6.75 US cents with traders dealing in 14,667 stock units and Transjamaican Highway fell 0.02 of a cent and ended at 2.09 US cents after 237,800 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.