Rising stocks outpaced declining ones by a near tow one ratio at the close of trading on the Junior Market of the Jamaica Stock Exchange on Friday, ending with an exchange of 41 securities up from 37 on Thursday and ending with prices of 19 rising, 10 declining and 12 unchanged following a modest increase in the volume and value of stocks traded.
Trading of 6,661,282 shares resulted in an exchange of $10,244,933 up from 6,490,552 units at $9,282,448 on Thursday.
Trading averaged 162,470 shares at $249,876 compared to 175,420 units at $250,877 on Thursday. Trading for the month to date averages 200,542 units at $406,223 compared with 203,309 stock units at $417,588 on the previous day and May that ended with an average of 451,257 units at $953,021.
Fresh out of suspension from trading, EduFocal led the market with 1.65 million shares for 24.8 percent of total volume followed by iCreate, with trading suspension that was lifted this week, ended with 885,027 units for 13.3 percent of the day’s trade and newly listed Omni Industries with 842,369 stock units for 12.6 percent market share.
At the close of trading, the Junior Market Index dipped 7.49 points to end trading at 3,653.40.
The Junior Market ended trading with an average PE Ratio of 12.2, 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 five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, AMG Packaging climbed 22 cents to finish at $3.29 in an exchange of 30 stock units, Consolidated Bakeries sank 60 cents and ended at a 52 weeks’ low of $1.55 with investors trading 38,361 shares, Derrimon Trading fell 13 cents to $1.92 with 206,407 stocks being traded. Dolla Financial lost 18 cents to close at $2.30 with investors swapping 660,622 units, EduFocal dipped 20 cents in closing at a 52 weeks’ low of 65 cents after an exchange of 1,654,125 shares, Everything Fresh increased 13 cents to end at $1.65 after 4,062 units changed hands. Express Catering popped 15 cents to $4.05 in trading 30,452 stocks, Fontana rallied 49 cents and ended at $8.70 after a transfer of 40,021 stock units, Future Energy rose 12 cents in closing at $3.29 with investors dealing in 144,893 shares. GWest Corporation gained 7 cents to close at 97 cents after an exchange of 139 units, iCreate gained 8 cents to finish at 60 cents, with 885,027 stocks crossing the market, ISP Finance popped 45 cents to end at $24.95 after trading of 251 stock units. Jamaican Teas popped 12 cents to $2.20 with investors transferring 336,507 shares, KLE Group fell 35 cents to $1.92, with 160 stocks crossing the market, Knutsford Express rose $1.15 and ended at $10.65 with a transfer of 25 stocks, Main Event ended with an exchange of 7,838 shares and closed with a loss of 5 cents at $12.45 after the price hit an intraday 52 weeks’ low of $11.26 and Medical Disposables declined 51 cents in closing at $1.88, with 10,020 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad Exchange rise on low trades
Stocks ended trading on the Trinidad and Tobago Stock Exchange on Friday, with a 53 percent drop in the volume of stocks changing hands with an 11 percent increased value compared to Thursday resulting in 18 securities trading, down from 22 on Thursday and ending with prices of three rising, five declining and 10 ended firm.
The market closed with the trading of 82,212 shares for $1,241,568 compared to 173,435 stock units at $1,122,853 on Thursday.
An average of 4,567 shares were traded at $68,976 compared with 7,883 units at $51,039 on Thursday. Trading for the month to date averages 7,777 shares at $96,579 compared with 8,016 units at $98,641 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index popped 1.82 points to end trading at 1,134.04, the All T&T Index gained 2.34 points to close trading at 1,692.87, the SME Index remained at 86.99 and the Cross-Listed Index popped 0.18 points to end the day at 75.04.
The 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 of market activity, Angostura Holdings remained at $18, with 5 shares crossing the exchange, Ansa Merchant Bank ended at $41.50 with investors dealing in 939 stocks, Calypso Macro Investment Fund rose 95 cents to $24 with a transfer of 20 shares. First Citizens Group dipped 20 cents to $42.50 as investors traded 4,632 stock units, FirstCaribbean International Bank closed at $6.94 and closed with an exchange of 8,445 shares, GraceKennedy ended at $3.55 with an exchange of 481 stock units. Guardian Holdings fell 6 cents to $15.69 after an exchange of 3,871 stock units, Guardian Media ended at $1.79 with the swapping of 750 stocks, JMMB Group popped 3 cents to $1.28 after an exchange of 8,100 shares. Massy Holdings rallied 5 cents to close at $4.10 after 35,182 stocks crossed the market, National Enterprises skidded 2 cents to end at $3.30 in switching ownership of 10,469 units, NCB Financial lost 1 cent to close at $3.14 after a transfer of 510 stock units. One Caribbean Media remained at $3.68 with investors exchanging 554 shares, Point Lisas ended at $3.40 after an exchange of 291 stocks, Prestige Holdings closed trading at $12.90 with 445 units clearing the market. Republic Financial shed 51 cents to finish at $114.99 with traders dealing in 5,429 stocks, Scotiabank finished market activity in an exchange of 1,036 shares at $66 each and Trinidad & Tobago NGL remained at $7 after investors concluded trading of 1,053 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Just losses no gains for JSE USD market
No stocks recorded gains in trading on the Jamaica Stock Exchange US dollar market on Thursday following activities in seven securities, up from four on Wednesday with prices of two declining and five ending unchanged and ended with the volume of stocks that changed hands declining by 40 percent after 738 percent more US dollars changed hands over Wednesday.
The market closed with an exchange of 63,388 shares for US$42,622 compared to 105,065 units at US$5,087 on Wednesday.
Trading averaged 9,055 units at US$6,089 versus 26,266 shares at US$1,272 on Wednesday, with a month to date average of 40,889 shares at US$2,684 compared to 43,481 units at US$2,407 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index dropped 0.74 points to close trading at 219.12.
The PE Ratio, a measure used in computing appropriate stock values, averages eight. 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 one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, MPC Caribbean Clean Energy ended at 64 US cents with 21 stock units traded, Sterling Investments ended at 1.59 US cents with the trading of 879 units, Sygnus Credit Investments slipped 0.98 of one cent to finish at 7.02 US cents, with 31,637 shares crossing the market and Transjamaican Highway ended at 2 US cents with a transfer of 10,365 stock units.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.27, with 74 shares clearing the market, JMMB Group 5.75% skidded 1.65 cents in closing at US$1.95 after an exchange of 20,374 stock units and Sygnus Credit Investments E8.5% ended at US$10.10 as 38 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners edged out losers on Trinidad Exchange
After closing on Wednesday for Labour Day holiday, trading of stocks resumed on the Trinidad and Tobago Stock Exchange on Thursday, ending with a 34 percent drop in the volume of stocks traded, valued 64 percent less than on Tuesday and resulting in 22 securities trading compared with 22 on Tuesday and ending with prices of eight stocks rising, six declining and eight ended firm.
The market closed following trading of 173,435 shares for $1,122,853 compared to 261,840 stock units at $3,160,806 on Tuesday.
An average of 7,883 shares were traded at $51,039 compared with 11,902 units at $143,673 on Tuesday, with trading month to date averaging 8,016 shares at $98,641 compared with 8,030 units at $103,424 on the previous day and an average for May of 15,629 shares at $129,694.
The Composite Index climbed 3.29 points to end at 1,132.22, the All T&T Index rose 4.49 points to culminate at 1,690.53, the SME Index remained unchanged at 86.99 and the Cross-Listed Index advanced 0.28 points to finish at 74.86.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the end of trading, Agostini’s rose 53 cents to close at $68.78 in trading 55 stock units, Angostura Holdings ended at $18 after just 4 shares crossed the market, Ansa McAl slipped 29 cents to finish at $62 after an exchange of 45 units. Ansa Merchant Bank ended at $41.50 and closed after an exchange of 2,072 stocks, Calypso Macro Investment Fund ended at $23.05 with 1,467 units clearing the market, First Citizens Group rallied 45 cents to end at $42.70 after investors exchanged 3,291 shares. FirstCaribbean International Bank ended at $6.94 after 2,002 stock units passed through the market, GraceKennedy slipped 1 cent in closing at $3.55 with 73,770 stocks crossing the exchange, Guardian Holdings popped 6 cents to end at $15.75 with investors swapping 19,355 units. JMMB Group gained 2 cents and ended at $1.25 in switching ownership of 44,924 stocks, L.J. Williams B share ended at $1.86 with investors trading 15 shares, Massy Holdings dipped 1 cent to close at $4.05, with 20,350 stock units crossing the market. National Enterprises lost 3 cents to end at $3.32 with a transfer of 1,405 shares, National Flour Mills advanced 10 cents to $2.15, with 500 stock units changing hands, One Caribbean Media remained at $3.68 with traders dealing in 267 stocks. Point Lisas ended at $3.40 after a transfer of 428 units, Prestige Holdings declined 5 cents to end at $12.90 with investors dealing in 1,100 shares, Republic Financial increased $5.50 to close at $115.50 in an exchange of 741 stocks. Scotiabank popped 1 cent to $66 with investors transferring 284 units, Trinidad & Tobago NGL increased 7 cents in closing at $7 in an exchange of 160 stock units, Unilever Caribbean shed 1 cent and ended at $11.15 after an exchange of 1,180 shares and West Indian Tobacco remained at $10 in trading 20 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominant on JSE USD Market
Stocks mostly rose on the Jamaica Stock Exchange US dollar market on Wednesday, after a 43 percent decline in the volume of stocks exchanged with a 35 percent lower value than on Tuesday, resulting in trading in four securities, compared to eight on Tuesday with prices of three rising, none declining and one ending unchanged.
The market closed with an exchange of 105,065 shares for US$5,087 compared to 184,675 units at US$7,820 on Tuesday.
Trading averaged 26,266 units at US$1,272 versus 23,084 shares at US$978 on Tuesday, with a month to date average of 43,481 shares at US$2,407 compared with 44,320 units at US$2,462 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index gained 0.88 points to culminate at 219.86.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. 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 one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, MPC Caribbean Clean Energy rallied 3 cents to end at 64 US cents with an exchange of 10 units, Proven Investments remained at 13 US cents with 27,774 stocks crossing the market, Sterling Investments rose 0.13 of a cent to finish at 1.59 US cents as investors exchanged 999 shares and Transjamaican Highway popped 0.05 of a cent and ended at 2 US cents with a transfer of 76,282 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.