6% rise for JSE USD market

Stocks denominated in US dollar have climbed to be up 6.1 percent for the year to date with the market index gaining 2.96 points to close at 197.66 at the close of trading on the Jamaica Stock Exchange US dollar on Monday.
Trading ended with five securities changing hands at the close, compared to six on Friday and ended with the prices of three stocks rising, none declining and two remaining unchanged.
The average PE Ratio is 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed trading 93.4 percent fewer shares than Friday, with trading of 68,503 shares for US$5,320 down from 1,040,157 units at US$54,481 on Friday.
Trading averaged 13,701 units at US$1,064, in contrast to 173,360 shares at US$9,080 on Friday. Trading averaged 28,462 units for the month to date at US$18,121 down from 136,322 units at US$19,289 on Friday. By comparison, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and two with lower offers.
At the close of the market, First Rock Capital Investment advanced 0.04 of a cent to end at 8 US cents in an exchange of 8,665 stock units, Proven Investments rose 3.96 cents to close at 26.99 US cents with 15,369 shares trading, Sygnus Credit Investments settled at 16.99 US cents while exchanging 80 units. Transjamaican Highway rose 0.05 US cents in closing at 0.9 of a US cent with 44,289 stocks changing hands and in the preference segmentEquityline Mortgage Investment preference share closed at US$1.96 with the trading of 100 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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