A total of 140 percent more funds passed through the Jamaica Stock Exchange US dollar market on Wednesday, but bought fewer shares than on Tuesday, resulting in trading in eight securities, up from five on Tuesday with prices of three rising, three declining and two ending unchanged.
The market closed with trading of 363,343 shares for US$23,058 compared to 384,592 units at US$9,594 on Tuesday.
Trading averaged 45,418 units at US$2,882 versus 76,918 shares Aat US$1,919 on Tuesday, with a month to date average of 39,018 shares at US$2,352 compared with 38,621 units at US$2,319 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index sank 3.56 points to lock up trading at 239.34.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.6. 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 six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents with investors trading 443 shares, First Rock Real Estate USD share climbed 0.45 of one cent and ended at 4.95 US cents after an exchange of 9,330 stocks, MPC Caribbean Clean Energy remained at 61 US cents, with 14 shares crossing the market. Proven Investments sank 0.03 of a cent to end at 14.67 US cents with an exchange of 40,533 stock units, Sygnus Credit Investments rose 0.8 of one cent in closing at 8.8 US cents after 118,886 shares passed through the market and Transjamaican Highway lost 0.06 of a cent to close at 2.04 US cents in switching ownership of 193,930 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share advanced 2 cents to US$11.02 with investors swapping 186 units and Sygnus Credit Investments E8.5% fell 10 cents to end at US$10.60 with a transfer of 21 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased spending on JSE USD stocks
Trading surged on Trinidad & Tobago Stock Exchange
Trading surged on the Trinidad and Tobago Stock Exchange on Wednesday, with a 383 percent rise in the volume of stocks traded with a value that is 190 percent more than on Tuesday and resulting in 22 securities trading up from 19 on Tuesday and ending with prices of three stocks rising, 10 declining and nine remaining unchanged.
The market closed trading with an exchange of 1,416,843 shares worth $10,593,318 compared with 293,585 stocks at $3,647,998 on Tuesday.
An average of 64,402 shares were traded at $481,514 compared with 15,452 units at $192,000 on Tuesday, with trading month to date averaging 18,907 shares at $190,281 compared to 15,432 units at $168,035 on the previous day and an average for March of 28,236 shares at $236,496.
The Composite Index fell 3.56 points to settle at 1,188.75, the All T&T Index popped 1.54 points to 1,795.06, the SME Index ended unchanged at 77.71 and the Cross-Listed Index sank 1.26 points to 75.57.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $69 with investors trading 36,572 shares, Angostura Holdings dipped 15 cents to $22.80 after 1,872 units passed through the market, Ansa McAl increased 99 cents to end at $56 after an exchange of 2,028 stocks. Calypso Macro Investment Fund climbed 14 cents in closing at $22.75 with 50 stock units clearing the market, First Citizens Group ended at $48.30 after 1,135 shares changed hands, FirstCaribbean International Bank closed at $6.95, after 18,508 units changed hands. GraceKennedy rose 5 cents and ended at $4 with traders dealing in 22,165 stock units, Guardian Holdings ended at $18.05 with 9,565 stock units crossing the market, Guardian Media sank 2 cents to end at $1.98 as investors exchanged 25 shares. JMMB Group dropped 15 cents in closing at $1.28 after an exchange of 2,500 stocks, Massy Holdings shed 2 cents to close at $4.33 with investors swapping 629,985 units, National Enterprises ended at $3.85 with an exchange of 10,091 stock units. National Flour Mills remained at $2.20 with investors trading 2,687 shares, NCB Financial declined 9 cents to $3 with investors exchanging 505,000 units, One Caribbean Media lost 2 cents to finish at $3.70 after an exchange of 1,067 stocks. Prestige Holdings ended at $13 in trading 11 stock units, Republic Financial slipped 5 cents to end at $118.21 after a transfer of 10,827 shares, Scotiabank fell 5 cents to close at $67.50 after an exchange of 1,991 stocks. Trinidad & Tobago NGL remained at $8.50 in switching ownership of 14,795 units, Trinidad Cement skidded 22 cents and ended at $2.75 with investors dealing in 1,500 stock units, Unilever Caribbean lost 26 cents in closing at $11.30 in an exchange of 108,577 shares and West Indian Tobacco ended at $11.15, with 35,892 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No winners for JSE USD market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 222 percent rise in the volume of stocks changing hands with an 18 percent lower value than on Monday and resulting in trading in five securities, down from nine on Monday with prices of four declining and one ending unchanged.
The market closed with an exchange of 384,592 shares for US$9,594 compared to 119,368 units at US$11,630 on Monday.
Trading averaged 76,918 units at US$1,919 up from 13,263 shares at US$1,292 on Monday, with a month to date average of 38,621 shares at US$2,319 compared with 37,077 units at US$2,335 on the previous day and March with an average of 49,394 units for US$3,593.
The US Denominated Equities Index rose 0.86 points to end the day at 242.90.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents in an exchange of just one share, Proven Investments fell 0.05 of a cent in closing at 14.7 US cents after 132 stocks passed through the market, Sygnus Credit Investments shed 0.25 of one cent to end at 8 US cents with investors transferring 722 stocks and Transjamaican Highway sank 0.07 of a cent to close at 2.1 US cents with 383,637 units crossing the market.
In the preference segment, Productive Business Solutions 9.25% preference share dipped 20 cents and ended at US$11 with traders dealing in 100 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.