Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 27 percent and the value 99 percent more than on Friday, with trading in 60 securities compared with 58 on Friday, with prices of 15 stocks rising, 27 declining and 18 ending unchanged.
The market closed with 30,745,022 shares trading for $197,877,221 up from 24,192,561 units at $99,647,338 on Friday.
Trading averaged 512,417 shares at $3,297,954 compared to 417,113 units at $1,718,058 on Friday and month to date, an average of 1,790,475 units at $2,930,865 compared with 2,008,326 stocks at $2,868,293 on the previous day and February with an average of 385,143 units at $3,418,046.
Transjamaican Highway led trading with 9.01 million shares for 29.3 percent of total volume followed by Wigton Windfarm with 6.94 million units for 22.6 percent of the day’s trade, Jamaica Stock Exchange ended with 5.0 million units for 16.3 percent market share, JMMB 9.5% preference share with 3.61 million units for 11.7 percent total Main market trading and Wisynco Group with 1.07 million units for 3.5 percent of total volume.
The All Jamaican Composite Index plunged 5,470.97 points to end at 366,963.57, the JSE Main Index sank 3,675.03 points to 328,753.40 and the JSE Financial Index lost 0.98 points to settle at 69.77.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and nine with lower offers.
At the close, Caribbean Cement dipped $1 and ended at $56 in an exchange of 671,095 stocks, Caribbean Producers lost 30 cents to close at $9.70 after trading 2,211 units, Carreras climbed 44 cents in closing at $8.94, with 183,671 shares crossing the exchange. Eppley popped $7.76 to close at $41.97 with investors swapping just one stock unit, GraceKennedy skidded $1.17 to end at $74.07 after an exchange of 260,623 shares, JMMB Group fell 60 cents to $26.70 with investors transferring 57,396 stock units. Kingston Properties dropped 49 cents in closing at $7.01 with 1,000 stocks clearing the market, Kingston Wharves shed $2.50 and ended at $31 while exchanging 5,162 units, Margaritaville increased $1.74 to close at $15.99 after 1,367 stocks passed through the market. NCB Financial declined $1.55 to end at $67 with investors dealing in 25,709 units, 138 Student Living advanced 57 cents in closing at $3.60, with 100,092 shares changing hands, Pan Jamaica rose 46 cents to $46.56 and closed after 5,548 stock units changed hands. Portland JSX sank 30 cents to close at $10.50 in an exchange of 1,001 shares, Proven Investments gained 73 cents to end at $24.49 with traders dealing in 101,426 stocks, Sagicor Group skidded 50 cents and ended at $40, with 37,170 units crossing the market. Sagicor Real Estate Fund fell 75 cents to $7.25 after an exchange of 950,572 stock units, Scotia Group sank $1.98 to close at $44.02 in trading 67,102 shares and Seprod dipped $4.90 in closing at $85 after 19,924 stocks crossed the market.
In the preference segment, JMMB Group 7% preference share lost 48 cents to end at $2.75 with a transfer of 204 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on JSE US Market
Investors traded more securities on the Jamaica Stock Exchange US dollar market on Monday, but the volume of stocks exchanged declined 92 percent with a 48 percent lower value than on Friday, resulting in trading in seven securities, compared to four on Friday with prices of no rising, four declining and three ending unchanged.
The market closed with an exchange of 60,767 shares for US$33,398 compared to 765,260 units at US$64,253 on Friday.
Trading averaged 8,681 units at US$4,771 versus 191,315 shares at US$16,063 on Friday, with a month to date average of 38,416 shares at US$4,586 compared with 44,363 units at US$4,549 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index advanced 9.35 points to end trading at 265.19.
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 seven stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville shed 1 cent to end at 11 US cents after an exchange of 2,806 stock units, Proven Investments ended at 14.4 US cents in switching ownership of 300 stocks and Transjamaican Highway fell 0.03 of a cent in closing at 2.27 US cents, with 41,298 shares crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share dipped 1 cent to close at US$1.15 with a transfer of 1,800 stock units, JMMB Group 5.75% remained at US$1.91 after 14,303 shares passed through the market, Sygnus Credit Investments US8% ended at US$10.50 after 160 stock units changed hands and Sygnus Credit Investments E8.5% sank 10 cents to close at US$10.40 in trading 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Bumper trading for Trinidad Exchange
Monday was a bumper day of trading on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded surging 583 percent and valued 282 percent more than on Friday resulting in nearly all listed stocks being active on a day when 26 securities traded up from just 15 on Friday and ending with prices of eight stocks rising, 10 declining and eight remaining unchanged.
The market closed trading with an exchange of 452,755 shares for $8,289,092 compared to 66,257 stock units at $2,168,074 on Friday.
An average of 17,414 shares were traded at $318,811 compared to 4,417 units at $144,538 on Friday, with trading month to date averaging 12,662 shares at $175,763 compared with 11,414 units at $138,195 on the previous day and an average for February of 21,839 shares at $159,828.
The Composite Index gained 10.37 points to settle at 1,197.07, the All T&T Index gained 14.76 points to close at 1,790.55, the SME Index remained at 78.90 and the Cross-Listed Index rallied 0.80 points to 78.66.
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, Agostini’s ended at $68.25 with traders dealing in 20,479 shares, Angostura Holdings rose 3 cents to $20.03, with 381 stocks changing hands, Ansa McAl remained at $53 in an exchange of 12,540 shares. Ansa Merchant Bank gained $1.75 in closing at $43.25, with just 1 stock unit crossing the market, Calypso Macro Investment Fund sank 50 cents to close at $22.50 after a transfer of 181 shares, CinemaOne shed 46 cents to $5.99 after 50 stocks crossed the exchange. First Citizens Group ended at $49.50 in switching ownership of 20,567 units, FirstCaribbean International Bank declined 51 cents to end at $6.53 with 3,000 stock units clearing the market, GraceKennedy popped 5 cents to close at $3.95 after an exchange of 1,346 shares. Guardian Holdings increased 65 cents and ended at $17.75, with 1,061 stock units crossing the market, Guardian Media lost 24 cents to end at $2.01 in an exchange of 1 stock, JMMB Group remained at $1.51 with investors transferring 7,414 units. L.J. Williams B share popped 1 cent in closing at $2 after exchanging 2,000 shares, Massy Holdings ended at $4.39 in trading 247,042 units, National Enterprises remained at $3.90 and closed with an exchange of 13,886 stocks. National Flour Mills skidded 10 cents to $2 with investors trading 1 stock unit, NCB Financial advanced 9 cents and ended at $3.20 after 9,510 shares passed through the market, One Caribbean Media fell 39 cents to end at $3.05 with a transfer of 71,689 stock units. Point Lisas dropped 29 cents in closing at $3.71 as investors exchanged 1 unit, Prestige Holdings dipped 10 cents to close at $11.15 after trading 27 stocks, Republic Financial ended at $120 with investors dealing in 18,989 units. Scotiabank sank 5 cents to $70 with an exchange of 19,413 shares, Trinidad & Tobago NGL rallied 5 cents to close at $9.05 with investors swapping 1,552 stocks, Trinidad Cement ended at $2.80 with an exchange of 378 stocks. Unilever Caribbean shed 54 cents and ended at $11.11 after 1,020 shares changed hands and West Indian Tobacco popped 10 cents to $9.30 while exchanging 226 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surge on JSE USD Market
Trading picked up sharply on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 933 percent after 190 percent bounce in the amount of US dollars that changed hands compared with trading on Thursday, similar to trading on Thursday the market closed on Friday with trading in four securities, with prices of two rising, one declining and one ending unchanged.
The market closed with an exchange of 765,260 shares for US$64,253 up sharply from 74,096 units at US$22,194 on Thursday.
Trading averaged 191,315 units at US$16,063 versus 18,524 shares at US$5,548 on Thursday, with a month to date average of 44,363 shares at US$4,549 compared with 25,402 units at US$3,063 on the previous day and February with an average of 46,765 units for US$6,084.
The US Denominated Equities Index dropped 13.20 points to conclude trading at 255.84.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8, 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 ending with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville ended at 12 US cents while exchanging 160 stocks, Proven Investments dipped 0.1 of a cent in closing at 14.4 US cents after trading 23,545 units and Transjamaican Highway advanced 0.05 of a cent to 2.3 US cents after an exchange of 717,424 shares.
In the preference segment, JMMB Group 5.75% popped 1 cent and ended at US$1.91 with investors transferring 24,131 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.