Trading jumped sharply on the Junior Market of the Jamaica Stock Exchange on Thursday, with a 608 percent rise in the volume of stocks traded, after a sharp jump of 565 percent in value compared with Wednesday and resulting in trading in 43 securities down from 46 on Wednesday and ending with prices of 13 rising, 18 declining and 12 unchanged.
Trading ended with an exchange of 32,133,533 shares for $65,285,279 up from 4,540,074 units at $9,824,488 on Wednesday.
Trading averaged 747,291 shares for $1,518,262, compared with 98,697 units at $213,576 on Wednesday with a month to date, average of 222,732 units at $520,887 compared with 185,449 stocks at $449,999 on the previous day and January with an average of 175,081 units at $401,738.
Derrimon Trading controlled trading with 22.64 million shares for 70.4 percent of the total volume followed by ONE on ONE Educational with 2.25 million units for 7 percent of the day’s trade and Jamaican Teas with 1.85 million units for 5.8 percent of the day’s trade.
At the close of trading, the Junior Market Index sank 21.66 points to end the day at 3,781.60, to be down 1.7 percent for the year.
The Junior Market ended trading with an average PE Ratio of 13, 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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial skidded $1.08 to $21.60 with investors trading 1,003 stock shares, AMG Packaging gained 62 cents and ended at $3.70 after an exchange of 85,009 stocks, Blue Power rose 41 cents in closing at $3.32 with an exchange of 849 stocks. CAC 2000 lost 68 cents to close at $3.83 in an exchange of 4,411 units, Caribbean Assurance Brokers climbed 25 cents to end at $2.36 with investors transferring 1,000 shares, Express Catering dipped 19 cents in closing at $3.80, with 154,568 stock units crossing the market. Future Energy fell 10 cents to $3.60 with investors swapping 184,342 stocks, KLE Group shed 58 cents to close at $1.90 after an exchange of 20,285 units, Knutsford Express sank 30 cents and ended at $12 with a transfer of 6,466 stocks. Lasco Manufacturing increased 36 cents to end at $5.45, with 753,346 units crossing the market as the supply of the stocks has sharply declined with only five offers to sell less than 80,000 shares on the board at the close. Limners and Bards popped 12 cents in closing at $1.62 with traders dealing in 3,128 shares, Regency Petroleum dripped 10 cents to $2.10, with 980,532 stock units changing hands, Stationery and Office Supplies declined 8 cents to close at $1.75 in trading 300,607 shares and tTech shed 46 cents and ended at $2.02 after a transfer of 9,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for Trinidad Stock Exchange
Rising stock pushed the Trinidad and Tobago Stock Exchange higher on Thursday, following a 392 percent surge in the volume of stocks traded valued 25 percent more than on Wednesday, resulting in 19 securities trading down from 20 on Wednesday and ending with prices of six stocks rising, six declining and seven remaining unchanged.
The market closed with an exchange of 755,042 shares for $1,513,708 up from 153,516 stock units at $1,210,050 on Wednesday.
An average of 39,739 shares were traded at $79,669 compared to 7,676 units at $60,502 on Wednesday, with trading month to date averaging 15,237 shares at $134,511 compared with 12,955 units at $139,615 on the previous day and January with an average for of 15,998 shares at $167,627.
The Composite Index advanced 5.11 points to conclude trading at 1,194.46, the All T&T Index gained 7.57 points to finish at 1,791.55, the SME Index remained unchanged at 78.23 and the Cross-Listed Index popped 0.35 points to finish at 77.75.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s shed 49 cents to end at $68 after an exchange of 50 stocks, Angostura Holdings rose $1 to $20 with a transfer of 1,150 units, Ansa McAl rallied $3.38 and ended at $55 while exchanging 100 shares. Ansa Merchant Bank dropped 75 cents to close at $42.50 with investors trading 65 stock units, First Citizens Group ended at $49.75 after an exchange of 199 shares, FirstCaribbean International Bank ended at $7.05 with traders dealing in 6,103 stocks. GraceKennedy increased 8 cents to close at $4.08, with 59 units crossing the market, Guardian Holdings ended at $18.15 in trading 250 stock units, JMMB Group sank 5 cents in closing at $1.40, with 730,704 shares changing hands. Massy Holdings remained at $4.30 with investors swapping 3,732 units, National Enterprises climbed 10 cents to $3.90 after 3,590 stocks passed through the market, NCB Financial popped 4 cents to end at $3.10 as investors exchanged 4,300 stock units. Point Lisas ended at $3.99 and closed with an exchange of 300 shares, Prestige Holdings remained at $10.30 with investors trading 119 stock units, Republic Financial ended at $120.03 after exchanging 2,461 units. Scotiabank slipped 1 cent to $73.39 with investors dealing in 82 stock units, Trinidad & Tobago NGL fell 5 cents and ended at $9.10 in an exchange of 1,200 shares, Unilever Caribbean dipped 2 cents to end at $11.81 in clearing the market of150 stocks and West Indian Tobacco gained 10 cents in closing at $9 in switching ownership of 428 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 51 percent after 105 percent more dollars changed hands compared to Tuesday and resulting in trading in six securities, compared to four on Tuesday with prices of two rising, three declining and one ending unchanged.
The market closed with an exchange of 497,176 shares for US$96,746 compared to 328,443 units at US$47,111 on Tuesday.
Trading averaged 82,863 units at US$16,124 compared to 82,111 shares at US$11,778 on Tuesday, with a month to date average of 56,785 shares at US$7,779 compared with 55,047 units at US$7,223 on the previous day and January with an average of 42,169 units for US$5,037.
The US Denominated Equities Index increased 1.47 points to culminate at 260.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments advanced 0.21 of a cent to end at 15 US cents, with 182,392 stock units clearing the market, Sygnus Credit Investments popped 0.07 of a cent to close at 8.87 US cents with investors exchanging 10,449 shares, Sygnus Real Estate Finance USD share sank 0.2 of a cent to close at 7 US cents after 1,000 stocks were traded and Transjamaican Highway declined 0.05 of a cent in closing at 2 US cents with investors dealing in 247,238 units.
In the preference segment, JMMB Group US8.5% preference share fell 1 cent and ended at US$1.07 in an exchange of 51,500 shares and JMMB Group 5.75% ended at US$1.81 with investors trading 4,597 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Scotiabank & Angostura dominates Trinidad market
Scotiabank climbed $2.40 and Unilever Caribbean popped 81 cents but Angostura Holdings skidded $2.20 at the close of trading on the Trinidad and Tobago Stock Exchange on Wednesday, and helped push the Composite Index 5.06 points higher to 1,189.35, while the All T&T Index popped 12.09 points to settle at 1,783.98, with the SME Index remaining at 78.23 and the Cross-Listed Index dipping 0.35 points to 77.40.
The pushed higher in the market follows a 168 percent jump in the volume of stocks traded, valued 19 percent more than on Tuesday, resulting from trading in 20 securities compared similarly to Tuesday and ending with prices of 10 stocks rising, five declining and five left unchanged.
The market closed with an exchange of 153,516 shares for $1,210,050 compared to 57,378 stock units at $1,020,904 on Tuesday.
An average of 7,676 shares were traded at $60,502 compared to 2,869 units at $51,045 on Tuesday, with trading month to date averaging 12,955 shares at $139,615 compared with 13,529 units at $148,215 on the previous day and an average for January of 15,998 shares at $167,627.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s gained 54 cents to end at $68.49 with investors dealing in 834 stocks, Angostura Holdings skidded $2.20 to $19 after 53 units passed through the market, Calypso Macro Investment Fund popped 49 cents in closing at $23 in an exchange of 15 shares. Endeavour Holdings gained 24 cents to close at a 52 weeks’ high of $14.99 in trading 816 stock units, First Citizens Group lost 5 cents and ended at $49.75 while exchanging 2,724 shares, FirstCaribbean International Bank ended trading 1,100 stocks at $7.05. GraceKennedy ended at $4 after 8,000 units were traded, Guardian Holdings sank 5 cents to end at $18.15 with investors swapping 13 stock units, JMMB Group shed 5 cents to close at $1.45 with an exchange of 52,297 shares. Massy Holdings ended at $4.30 with 15,438 units clearing the market, National Enterprises declined 10 cents to $3.80 in switching ownership of 29,471 stocks, National Flour Mills remained at $2.10 with investors trading 26,217 stock units. NCB Financial ended at $3.06 in an exchange of 6,622 shares, Point Lisas rose 29 cents to end at $3.99 with traders dealing in 50 stocks, Prestige Holdings rallied 5 cents to close at $10.30 after an exchange of 1,650 units. Republic Financial advanced 2 cents to $120.03 with a transfer of 3,870 stocks, Scotiabank climbed $2.40 in closing at $73.40 after an exchange of 1,675 shares, Trinidad & Tobago NGL popped 13 cents to end at $9.15 with investors trading 2,324 stock units. Unilever Caribbean climbed 81 cents to close at $11.83 with 20 units changing hands and West Indian Tobacco gained 14 cents to end at $8.90 as investors exchanged 327 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
The Jamaica Stock Exchange US dollar market climbed higher on Tuesday, with the US Denominated Equities Index advancing 3.87 points to 259.55, following a 46 percent decline in the volume of stocks exchanged with a 40 percent drop in the number of dollars changing hands compared with Monday, resulting in trading in four securities, compared to nine on Monday with prices of one rising, no declining and three ending unchanged.
The market closed with an exchange of 328,443 shares for US$47,111 compared to 610,533 units at US$78,231 on Monday.
Trading averaged 82,111 units at US$11,778 versus 67,837 shares at US$8,692 on Monday, with a month to date average of 55,047 shares at US$7,223 compared with 53,788 units at US$7,011 on the previous day and January that ended with an average of 42,169 units for US$5,037.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. 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 two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Margaritaville remained at 11 US cents with investors swapping 88 units, Proven Investments gained 0.29 of a cent to close at 14.79 US cents in an exchange of 324,164 stocks, Sygnus Credit Investments ended at 8.8 US cents after one share crossed the market and Transjamaican Highway remained at 2.05 US cents in switching ownership of 4,190 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.