One new security was listed on the Jamaica Stock Exchange US dollar market on Wednesday, with AS Bryden ordinary share started trading for the first time with the price falling 0.34 of a cent to 22 cents on a day when the volume of stocks that were exchanged declined 96 percent after 89 percent fewer US dollars changed hands than on Tuesday, resulting in trading in 11 securities, compared to eight on Tuesday with prices of five rising, four declining and two ending unchanged.
The market closed with an exchange of 110,543 shares for US$13,237 compared to 2,937,043 units at US$118,791 on Tuesday.
Trading averaged 10,049 units at US$1,203 versus 367,130 shares at US$14,849 on Tuesday, with a month to date average of 76,411 shares at US$5,322 compared with 91,011 units at US$6,228 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dipped 8.85 points to end the day at 247.53.
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 two with lower offers.
At the close, AS Bryden lost 0.34 of a cent and ended at 22 US cents after exchanging a mere 100 units, First Rock Real Estate USD share sank 0.2 of a cent to 4.2 US cents and closed with an exchange of 26,937 stocks, Margaritaville rose 2 cents to 12 US cents with a transfer of 100 shares. Productive Business Solutions skidded 7 cents in closing at US$1.73 while exchanging 18 stock units, Proven Investments advanced 1.2 cents to end at 15.7 US cents after a transfer of 2,347 shares, Sterling Investments popped 0.01 of a cent in closing at 1.51 US cents in switching ownership of 1,500 stocks. Sygnus Credit Investments ended at 8.99 US cents after an exchange of 23,534 units, Sygnus Real Estate Finance USD share lost 0.68 of one cent and ended at 6.82 US cents with investors transferring 2,547 stock units and Transjamaican Highway rallied 0.17 of a cent to close at 2.2 US cents in an exchange of 48,963 shares.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.1601 with investors trading 1,341 stock units and JMMB Group 5.75% increased by 23.5 cents in closing at US$2.145 after 3,156 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market get one new listing
Trading climbs on the Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, with a 37 percent rise in the volume of stocks traded valued at 44 percent more than on Tuesday resulting in 17 securities trading compared with 24 on Tuesday, ending with prices of three stocks rising, seven declining and seven remaining unchanged.
The market closed with an exchange of 672,249 shares for $8,903,188 compared with 490,895 stocks at $6,188,452 on Tuesday.
An average of 39,544 shares were traded at $523,717 up from 20,454 units at $257,852 on Tuesday, with trading month to date averaging 16,541 shares at $223,265 compared with 13,917 units at $188,986 on the previous day and an average for February of 21,839 shares at $159,828.
The Composite Index sank 0.77 points to close at 1,187.70, the All T&T Index declined 2.10 points to finish at 1,772.10, the SME Index remained unchanged at 78.90 and the Cross-Listed Index advanced 0.09 points to settle at 78.71.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s declined 75 cents to end at $67.50 after a transfer of 1,000 stocks, Angostura Holdings shed 50 cents to close $20 in trading 15,060 shares, Ansa Merchant Bank increased $1.75 to end at $45 after an exchange of 1,618 stock units. First Citizens Group ended at $49.50 after investors exchanged 78,011 units, FirstCaribbean International closed at $7.05 with an exchange of 250,000 stocks, GraceKennedy popped 3 cents to close at $3.95 with a transfer of 8,505 units. Guardian Holdings ended at $17.26 after 5,091 shares passed through the market, JMMB Group ended at $1.51 in an exchange of 143,020 stock units, Massy Holdings lost 1 cent to end at $4.29 with investors trading 130,659 shares. National Enterprises ended at $3.90 in an exchange of 7,005 stock units, National Flour Mills gained 10 cents to close at $2.10, with 15 stocks crossing the market, Prestige Holdings sank 65 cents to $10.50 in switching ownership of 6,895 units. Republic Financial fell $1.08 in closing at $119 after 11,873 stock units crossed the market, Scotiabank dipped 40 cents to close at $70 with an exchange of 4,715 units, Trinidad & Tobago NGL remained at $9 in closing with an exchange of 2,245 shares. Unilever Caribbean ended at $11.17 with investors swapping 1,764 stock units and West Indian Tobacco skidded 15 cents to end at $9.35 after an exchange of 4,773 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big surge in JSE USD trading
Trading surged on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 4,733 percent leap in the volume of stocks exchanged after a 256 percent jump in the amount of money changing hands compared to Monday, resulting in trading in eight securities, compared to seven on Monday with prices of three rising, three declining and two ending unchanged.
The market closed with an exchange of 2,937,043 shares for US$118,791 compared to 60,767 units at US$33,398 on Monday.
Trading averaged 367,130 units at US$14,849 versus 8,681 shares at US$4,771 on Monday, with a month to date average of 91,011 shares at US$6,228 compared with 38,416 units at US$4,586 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 8.81 points to settle at 256.38.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.5. 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 none with a lower offer.
At the close, Margaritaville slipped 1 cent to 10 US cents in an exchange of 534 stocks, MPC Caribbean Clean Energy dipped 1 cent to 54 US cents, with 176 units crossing the market, Proven Investments popped 0.1 of a cent to end at 14.5 US cents as investors exchanged 384,951 shares. Sygnus Credit Investments remained at 8.99 US cents after a transfer of 2,814 stocks and Transjamaican Highway fell 0.24 of a cent to close at 2.03 US cents in clearing the market of 2,543,144 shares.
In the preference segment, JMMB Group US8.5% preference share rose 1.01 cents to US$1.1601 in an exchange of 1,329 stocks. JMMB Group 5.75% ended at US$1.91 with investors transferring 4,093 units and Sygnus Credit Investments US8% climbed 10 cents to close at US$10.60 after an exchange of two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Securities traded remain elevated on TTSE
Trading remained elevated on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 8 percent and valued 25 percent lower than on Monday resulting in trading of 24 securities slightly down from 26 on Monday, ending with prices of seven stocks rising, eight declining and nine remaining unchanged.
The market closed with an exchange of 490,895 shares valued at $6,188,452 compared with 452,755 stock units at $8,289,092 on Monday.
An average of 20,454 shares were traded at $257,852 compared with 17,414 units at $318,811 on Monday, with trading month to date averaging 13,917 shares at $188.986 compared with 12,662 units for $175,763 on the previous day and averaging 21,839 shares at $159,828 in February.
The Composite Index sank 8.60 points to 1,188.47, the All T&T Index lost 16.35 points to 1,774.20, the SME Index remained at 78.90 and the Cross-Listed Index slipped 0.04 points to end trading at 78.62.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $68.25, with 51,432 stock units crossing the exchange, Angostura Holdings climbed 47 cents to $20.50 in switching ownership of 5,000 shares, Ansa McAl dipped 50 cents and ended at $52.50 while exchanging 4,461 units. CinemaOne remained at $5.99, with 40 stocks crossing the market, Endeavour Holdings lost 20 cents to close at $14.80 in an exchange of 63 shares, First Citizens Group ended at $49.50 with investors trading 1,327 stocks. FirstCaribbean International Bank popped 52 cents to end at $7.05 and closed with an exchange of 30,020 units, GraceKennedy lost 3 cents in closing at $3.92 with investors dealing in 525 stock units, Guardian Holdings dropped 49 cents and ended at $17.26 with 1,000 shares passing through the market. Guardian Media slipped 1 cent to close at $2 as investors exchanged 1,024 stock units, JMMB Group ended at $1.51, with 183,924 stock units changing hands, L.J. Williams B share skidded 1 cent in closing at $1.99 with investors swapping 20 units. Massy Holdings fell 9 cents to end at $4.30 in an exchange of 78,927 stocks, National Enterprises remained at $3.90, with 51,404 shares crossing the market, National Flour Mills ended at $2 with a transfer of 3,000 stock units. NCB Financial ended at $3.20 in trading 5,000 units, One Caribbean Media advanced 85 cents to end at $3.90 with an exchange of 54,607 shares, Prestige Holdings remained at $11.15 with 100 stock units clearing the market. Republic Financial rose 8 cents to close at $120.08 after an exchange of 4,391 units, Scotiabank gained 40 cents and ended at $70.40 in trading 6,181 stocks, Trinidad & Tobago NGL declined 5 cents to $9 after an exchange of 1,720 units. Trinidad Cement ended at $2.80 with investors trading 4,622 stocks, Unilever Caribbean rallied 6 cents in closing at $11.17 after a transfer of 2,061 shares and West Indian Tobacco increased 30 cents to end at $9.50 with traders dealing in 46 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.