Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with a 420 percent surge in the volume of stocks traded after a 575 percent jump in value over Wednesday with trading in 44 securities as was the case on Wednesday and ending with prices of 23 rising, 12 declining and nine closing unchanged and closing with a jump in the market index to close with a moderate gain for the year to date.
The market closed with 37,301,154 shares being traded for $98,792,252 up sharply from 7,170,788 units at $14,644,800 on Wednesday.
Trading averaged 847,754 shares at $2,245,278 compared with 162,972 units at $332,836 on Wednesday with the month to date, averaging 190,689 units at $404,736 down from 192,229 stocks at $408,731 on the previous day. The average to date includes shares of Lasco Distributors and Lasco Manufacturing up to Tuesday this week, before they migrated to the Main Market on Wednesday. Trading in February averaged 243,917 units at $566,909.
Spur Tree Spices led trading with 22.59 million shares for 60.6 percent of total volume followed by Indies Pharma with 2.94 million units for 7.9 percent of the day’s trade, Fosrich closed with 2.47 million stocks for 6.6 percent market share, Mailpac Group ended with 2.31 million units for 6.2 percent of stocks traded and Stationery and Office Supplies with 1.79 million shares for 4.8 percent of total volume.
At the close of trading, the Junior Market Index climbed 46.14 points to 3,876.03, up 0.7 percent for the year to date.
The Junior Market ended trading with an average PE Ratio of 13.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
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, Access Financial increased $1.26 to end at $21.26 in an exchange of 5,181 stocks, AMG Packaging declined 38 cents in closing at $3.12 after 5,002 units were traded, Cargo Handlers sank 97 cents to $13 with an exchange of just one share. Caribbean Assurance Brokers climbed 10 cents to close at $2.25 with 657,487 stock units changing hands, Caribbean Cream rose 19 cents and ended at $3.88 with investors transferring 93 shares, Consolidated Bakeries dipped 15 cents to $2.03 as 530 stocks passed through the market. Dolphin Cove fell 65 cents to close at $18.75 with investors trading 7,128 units, Everything Fresh advanced 9 cents to end at $1.80 in switching ownership of 334,309 stock units, Fontana popped 8 cents in closing at $8.98, with 71,377 shares crossing the exchange. Future Energy rallied 15 cents and ended at $3.65 in trading 300,501 units, GWest Corporation gained 9 cents to end at $1.10 with 162,050 stocks clearing the market, Honey Bun dropped 8 cents in closing at $7 with traders dealing in 23,012 stock units. ISP Finance popped $2.81 to end at $30.91, with a mere one share crossing the market, Jamaican Teas gained 23 cents to close at $2.75 after an exchange of 562,910 stock units, JFP Ltd lost 10 cents and ended at $1.35, with 19,716 stocks crossing the market. KLE Group rose 30 cents to $2.33 with investors swapping 144 units, Lumber Depot climbed 10 cents and ended at $2.80 with a transfer of 366,821 stocks, Mailpac Group increased 16 cents to end at $2.20 after investors ended trading 2,313,996 units. Main Event skidded 89 cents in closing at $13.58 with investors dealing in 6,199 shares, Paramount Trading advanced 14 cents to close at $1.38 after an exchange of 48 stock units, Regency Petroleum rallied 7 cents to $2.29 in an exchange of 18,538 shares. Spur Tree Spices rose 70 cents and ended at $3.24 as investors exchanged 22,588,085 units and Stationery and Office Supplies rallied 10 cents to close at $1.70 after a transfer of 1,790,379 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks sink into month end on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 70 percent, with a 52 percent higher value than on Wednesday and resulting in 19 securities trading compared with 21 on Wednesday, ending with prices of six stocks rising, seven declining and six remaining unchanged.
The market closed trading of 634,424 shares for $5,637,861 compared with 376,702 stock units at $3,712,245 on Wednesday.
An average of 33,391 shares were traded at $296,730 compared with 17,938 stock units at $176,774 on Wednesday. Trading month to date averaged 28,040 shares at $235,299 compared with 27,757 stock units at $233,047 on the previous day and an average for February of 21,839 shares at $159,828.
The Composite Index dipped 1.82 points to end at 1,197.97, the All T&T Index sank 5.71 points to 1,789.32, the SME Index remained at 77.95 and the Cross-Listed Index rose 0.33 points to conclude trading at 79.10.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $69 with an exchange of 287 stocks, Angostura Holdings skidded 40 cents to $20.10, with 810 units crossing the market, Ansa McAl sank $2.90 in closing at $54.10 in trading 1,730 shares. Ansa Merchant Bank climbed $1.96 and ended at $45.25 after an exchange of 904 stock units, Calypso Macro Investment Fund ended at $22.75 with investors trading 78 shares, First Citizens Group fell 75 cents to $48.25 after 2,355 units crossed the market. FirstCaribbean International Bank ended at $7.05 with investors dealing in 12,999 stocks, GraceKennedy popped 1 cent in closing at $4.08 in an exchange of 70,800 stock units, Guardian Holdings remained at $17 after investors traded 2,150 shares. JMMB Group rallied 6 cents and ended at $1.51 while exchanging 337,859 units, Massy Holdings increased 2 cents to $4.37 with traders dealing in 89,058 stocks, National Enterprises lost 7 cents in closing at $3.83 with an exchange of 25,112 stock units. National Flour Mills remained at $2.20 in switching ownership of 31 shares, Prestige Holdings dipped 25 cents to end at $12 as investors exchanged 10,200 stock units, Republic Financial ended at $120 after 27,022 stocks passed through the market. Scotiabank advanced $1.01 to $70.01 in an exchange of 60 units, Trinidad & Tobago NGL dropped 35 cents and ended at a 52 weeks’ low of $8.60, with 5,642 stocks changing hands, Unilever Caribbean rose 65 cents to end at $11.77 with investors transferring 11,118 shares and West Indian Tobacco gained 2 cents in closing at $11.02 after exchanging 36,209 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged on the JSE USD market
Trading surged on Wednesday with a 97 percent jump in the volume of stocks changing hands on the Jamaica Stock Exchange US dollar market following a 221 percent jump in the value of stocks changing hands compared to Tuesday, resulting from trading in nine securities, up from eight on Tuesday and ended with prices of three rising, two declining and four ending unchanged.
The market closed with an exchange of 303,812 shares for US$36,667 up from 154,383 units at US$11,426 on Tuesday.
Trading averaged 33,757 units at US$4,074 versus 19,298 shares at US$1,428 on Tuesday, with a month to date average of 50,886 shares at US$3,720 compared with 52,045 units at US$3,696 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index popped 0.33 points to settle at 249.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.99 US cents while investors exchanged 3,813 stocks, Margaritaville dipped 0.99 of one cent to 10 US cents, with 22,170 units crossing the market, Proven Investments ended at 14.99 US cents after an exchange of 9,156 shares. Sterling Investments advanced 0.07 of a cent to close at 1.69 US cents with 58 stock units crossing the market, Sygnus Credit Investments lost 0.1 of a cent to end at 8.6 US cents in switching ownership of 11 shares, Sygnus Real Estate Finance USD share ended at 11 US cents, with 1,000 stocks changing hands and Transjamaican Highway rose 0.03 of a cent to 2.2 US cents and closed with an exchange of 245,862 units.
In the preference segment, JMMB Group US8.5% preference share rallied 1 cent to end at US$1.18 with 19,754 stock units clearing the market and JMMB Group 5.75% remained at US$2.12 with investors dealing in 1,988 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 15 percent with a 48 percent greater value than on Tuesday resulting in 21 securities trading compared with 22 on Tuesday, ending with prices of six stocks rising, seven declining and eight remaining unchanged.
The market closed trading with an exchange of 376,702 shares for $3,712,245 compared to 327,850 stock units at $2,510,383 on Tuesday.
An average of 17,938 shares were traded at $176,774 compared to 14,902 units at $114,108 on Tuesday, with trading month to date averaging 27,890 shares at $233,139 compared to 28,512 units at $236,662 on the previous day and February with an average of 21,839 shares for $159,828.
The Composite Index advanced 0.09 points to 1,199.79, the All T&T Index rallied 2.26 points to 1,795.03, the SME Index remained unchanged at 77.95 and the Cross-Listed Index skidded 0.31 points to end at 78.77.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $69 after closing with an exchange of 3,579 stock units, Angostura Holdings remained at $20.50 with investors trading 134 shares, Calypso Macro Investment Fund gained 24 cents in closing at $22.75, with 300 units crossing the exchange. First Citizens Group ended at $49 with investors dealing in 6,390 stocks, FirstCaribbean International Bank end at $7.05 while exchanging 20,536 units, GraceKennedy ended at $4.07, with 37,879 stocks crossing the market. Guardian Holdings remained at $17 in trading 50,413 shares, JMMB Group dipped 5 cents and ended at $1.45 after 35,252 stock units crossed the market, Massy Holdings slipped 1 cent to $4.35 in an exchange of 63,110 shares. National Enterprises shed 4 cents to end at $3.90, with 10,495 units changing hands, National Flour Mills rallied 10 cents in closing at $2.20 as investors exchanged 2,101 stocks, NCB Financial dipped 1 cent to $3.20 with a transfer of 2,000 stock units. One Caribbean Media popped 28 cents to close at $3.83 after exchanging 60,960 shares, Point Lisas climbed 39 cents and ended at a 52 weeks’ high of $4.10 with investors swapping 1,200 stocks, Prestige Holdings sank 25 cents to end at $12.25 after an exchange of 215 units. Republic Financial increased 2 cents to $120 with investors transferring 3,026 stock units, Scotiabank skidded $3.99 to close at $69 with 2,571 shares clearing the market, Trinidad & Tobago NGL ended at $8.95 after a transfer of 4,720 units. Trinidad Cement ended at $2.76 in switching ownership of 241 stocks, Unilever Caribbean lost 3 cents in closing at $11.12 with investors trading 35,069 stock units and West Indian Tobacco advanced 97 cents to $11 in an exchange of 36,511 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 70 percent rise in the exchange the volume of stocks changing hands after a 39 percent drop in value compared with Monday, resulting from trading in eight securities, compared to six on Monday with prices of one rising, four declining and three ending unchanged.
The market closed with an exchange of 154,383 shares for US$11,426 compared to 90,769 units at US$18,681 on Monday.
Trading averaged 19,298 units at US$1,428 versus 15,128 shares at US$3,113 on Monday, with a month to date average of 52,045 shares at US$3,696 compared with 54,141 units at US$3,842 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index sank 1.73 points to settle at 248.82.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. 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 four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4.99 US cents after investors cleared the market with 945 stock units, Margaritaville climbed 0.99 of one cent in closing at 10.99 US cents after an exchange of 990 shares, Productive Business Solutions remained at US$1.70, with 58 units crossing the market. Proven Investments fell 1 cent and ended at 14.99 US cents with investors swapping 13,000 stocks, Sterling Investments sank 0.07 of a cent to close at 1.62 US cents, with 103,138 shares crossing the market, Sygnus Credit Investments remained at 8.7 US cents with investors dealing in 16 stock units and Transjamaican Highway dipped 0.02 of a cent to end at 2.17 US cents in an exchange of 33,026 stocks.
In the preference segment, JMMB Group 5.75% lost 2.5 cents in closing at US$2.12 after trading 3,210 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.