Stocks mostly rallied on the Jamaica Stock Exchange US dollar market on Wednesday resulting from trading in seven securities, compared to eight on Tuesday with five rising, one declining and one ending unchanged with the volume of stocks changing hands declining 82 percent valued 86 percent less than on Tuesday.
A total of 246,487 shares were traded at US$10,039 compared to 1,397,026 units at US$71,601 on Tuesday.
Trading averaged 35,212 shares at US$1,434, down from 174,628 units at US$8,950 on Tuesday, with a month to date average of 60,736 stock units at US$5,476 compared with 63,926 units at US$5,981 on the previous day. Trading in August averages 57,291 units for US$4,251.
The US Denominated Equities Index rallied 4.15 points to conclude trading at 244.57.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share rallied 1.4 cents to 6.7 US cents, with 84,833 shares changing hands, Proven Investments increased 0.2 of a cent to close at 15 US cents with traders dealing in 2,610 stock units. Sterling Investments ended at 1.92 US cents with investors trading in 1,046 units, Sygnus Credit Investments climbed 0.1 of a cent in closing at 9.1 US cents with a transfer of 26,288 stocks, Sygnus Real Estate Finance USD share rose 1.5 cents to end at 10 US cents with 62 stocks crossing the market and Transjamaican Highway gained 0.11 of one cent to close at 1.69 US cents with an exchange of 131,637 shares.
In the preference segment, JMMB Group 6% shed 0.12 of a cent to end at US$1.0788 after trading 11 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
Guardian climbs TT$1, Scotia 99 cents
Guardian Holdings rallied $1 followed by Scotiabank with a 99 cents rise in trading ended on the Trinidad and Tobago Stock Exchange on Wednesday, a day when the volume of stocks traded climbed 128 percent, with the value 136 percent more than on Tuesday and resulting in 23 securities trading compared with 17 on Tuesday, with prices of five stocks rising, six declining and 12 ending unchanged.
Investors traded 336,364 shares for $4,389,046 compared to 147,835 stock units at $1,859,999 on Tuesday.
An average of 14,625 units were traded at $190,828 compared to 8,696 shares at $109,412 on Tuesday, with trading month to date averaging 11,288 shares at $144,664, up from 10,793 units at $137,814 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index dipped 0.90 points to 1,203.28, the All T&T Index shed 1.75 points to 1,834.30, the SME Index remained at 66.38 and the Cross-Listed Index closed firm at 73.91.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $67 after investors ended trading 95 shares, Angostura Holdings ended at $20.05 after an exchange of 290 units, Ansa McAl remained at $54.05, with 194 stocks crossing the market, Ansa Merchant Bank ended at $42.20 as investors exchanged 49,822 stock units. First Citizens closed at $49.01 with stakeholders trading 846 shares, FirstCaribbean International Bank ended at $7 with 20,000 stock units being traded, GraceKennedy closd at $3.27 in an exchange of 1,600 units, Guardian Holdings rallied $1 to close at $20 with 12 stocks changing hands. Guardian Media ended at $2 in switching owners of 127 stocks, JMMB Group popped 1 cent in closing at $1.35 after 193,158 stock units passed through the market, L.J. Williams B share gained 5 cents and ended at $2.55 with traders dealing in 10 stock units, Massy Holdings remained at $4.79 after 7,623 shares changed hands. National Enterprises skidded 14 cents to close at $3.59 after a transfer of 500 stocks, National Flour Mills ended at $1.53 with a transfer of 230 units, NCB Financial closed at $3 with shareholders swapping 15,871 shares, One Caribbean Media dipped 15 cents to $3.60 while exchanging 4,410 stock units. Point Lisas fell 33 cents to $3.07 with investors trading 1,085 stock units, Prestige Holdings fell 12 cents to end at $7.86 after 1,391 stocks changed hands, Republic Financial shed 25 cents to end at $125, with 8,835 shares changing hands, Scotiabank climbed 99 cents in closing at $73, with 3,370 units crossing the market. Trinidad & Tobago NGL popped 50 cents and ended at $13.50 after 26,580 units passed through the exchange, Unilever Caribbean remained at $11.99 after exchanging 20 stock units and West Indian Tobacco dipped 19 cents to $10.31 with investors dealing in 295 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Transjamaican hikes JSE USD trading
Transjamaican Highway with 969,738 shares traded, pushed the volume of stocks trading on the Jamaica Stock Exchange US dollar market sharply higher on Tuesday levels as 366 percent more shares were traded with a 51 percent lower value than on Monday and resulted in eight securities being traded, compared to nine on Monday with the price one rising, four declining and three ending unchanged.
A total of 1,397,026 shares were traded at US$71,601 compared to 299,650 units at US$146,763 on Monday.
Trading averaged 174,628 shares at US$8,950 compared to 33,294 units at US$16,307 on Monday. Trading for the month to date averages 63,926 stock units at US$5,981 compared with 45,476 shares at US$5,486, the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index fell 4.39 points to end trading at 240.42.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 between November 2023 and 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, First Rock Real Estate USD share rallied 0.1 of a cent and ended at 5.3 US cents with a transfer of 67,591 shares, Margaritaville ended at 11.49 US cents as investors traded 1,678 stock units, Proven Investments dropped 0.15 of a cent to close at 14.8 US cents in an exchange of 320,429 units, Sterling Investments remained at 1.92 US cents with investors exchanging 407 stock units. Sygnus Credit Investments lost 0.09 of a cent to end at 9 US cents in an exchange of 30,671 stocks, Sygnus Real Estate Finance USD share declined 1.5 cents and ended at 8.5 US cents, with 6,399 stock units crossing the market and Transjamaican Highway fell 0.11 of a cent to end at 1.58 US cents with investors trading 969,738 shares.
In the preference section, Productive Business Solutions 9.25% preference share ended at US$12 after 113 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drop prices rise on TTSE
An 18 percent fall in the value of stocks trading on the Trinidad and Tobago Stock Exchange on Tuesday, ended with a 22 percent drop in the volume of stocks traded compared to Monday and resulted in 17 securities trading compared with 21 on Monday, with prices of seven rising, four declining and six remaining unchanged.
Investors exchanged 147,835 shares at $1,859,999, down from 189,857 stocks at $2,257,685 on Monday.
Trading on Tuesday averaged 8,696 shares at $109,412 compared to 9,041 units at $107,509 on Monday. Trading for the month to date, averages 10,793 shares at $137,814 compared to 11,051 units at $141,315 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index climbed 5.45 points to 1,204.18, the All T&T Index rose 9.17 points to finish at 1,836.05, the SME Index remained at 66.38 and the Cross-Listed Index popped 0.21 points to finish at 73.91.
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, Ansa McAl advanced $1.05 and ended at $54.05 after 16,443 shares were traded, First Citizens Group rose 1 cent to close trading of 3,547 stocks at $49.01, FirstCaribbean International Bank ended at $7 in an exchange of 6,372 stock units, GraceKennedy dropped 3 cents in closing at $3.27 with 6,900 units changing hands, Guardian Holdings remained at $19 after 2,200 stocks were traded. JMMB Group rose 6 cents to $1.34 with traders dealing in 103 stock units, L.J. Williams B share skidded 6 cents to $2.50 in switching ownership of 835 shares, Massy Holdings gained 14 cents in closing at $4.79 after 4,857 units passed through the market, National Enterprises ended at $3.73, with 98,725 stocks changing hands.
One Caribbean Media fell 7 cents to close at $3.75 with shareholders swapping 1,012 shares, Point Lisas ended at $3.40 after an exchange of just 5 units, Prestige Holdings irose 5 cents to $7.98 with 423 stock units traded, Republic Financial remained at $125.25, with 940 shares crossing the market. Scotiabank shed 49 cents to end at $72.01 as investors exchanged 1,708 stocks, Trinidad & Tobago NGL ended at $13 with investors trading 3,432 stock units, Unilever Caribbean popped 9 cents in closing at $11.99 in trading 285 units and West Indian Tobacco climbed 40 cents to $10.50 with a transfer of 48 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the JSE USD Market
The US Denominated Equities Index popped 2.23 points higher to 244.81 at the close of trading on the Jamaica Stock Exchange US dollar market on Monday, following a 51 percent rise in the volume of stocks changing hands, valued 612 percent more than on Friday and resulted in trading of nine securities compared to five on Friday, with six rising and three ending unchanged.
A total of 299,650 shares were exchanged for US$146,763 compared with 198,322 units at US$20,612 on Friday.
Trading on Monday averaged 33,294 shares for US$16,307 compared to 39,664 units at US$4,122 on Friday, with a month to date average of 45,476 stock units at US$5,486 compared to 48,287 units at US$2,989 on the previous trading day. August ended with an average of 57,291 units for US$4,251.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share rose 1.2 cents to 5.2 US cents after exchanging 1,889 shares, Margaritaville ended at 11.49 US cents with shareholders swapping 135 stocks, Proven Investments climbed 0.15 of one cent in closing at 14.95 US cents with investors trading 159,347 stocks. Sygnus Credit Investments gained 0.09 of a cent to end at 9.09 US cents with 17,623 units being traded, Sygnus Real Estate Finance USD share rallied 1.5 cents to close at 10 US cents with a transfer of 79 shares and Transjamaican Highway rose 0.01 of a cent to end at 1.69 US cents in an exchange of 59,759 stocks.
In the preference segment, Eppley 6% preference share added 10 cents in closing at US$1.50 after an exchange of 10 stocks, JMMB Group 5.75% remained at US$1.95 trading 60,596 units and Productive Business Solutions 9.25% preference share ended at US$12 with investors dealing in 212 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.