The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market rising after a 93 percent drop in the volume of shares than on Friday, with market Index gaining 6.92 points to end at 203.76, to be up 9.4 percent for the year to date.
Trading ended with six securities changing hands at the close, compared to seven on Friday and ended with two stocks rising, one declining and three remaining unchanged. The average PE Ratio ends at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 62,513 shares for US$10,864 down sharply from 913,583 units at US$70,708 on Friday.
Trading averaged 10,419 units at US$1,811, in contrast to an average of 130,512 shares at US$10,101 on Friday. For the month to date, the average trade is 76,872 shares at US$9,114 in contrast to 84,256 units at US$9,925 on the prior trading day. January closed with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and none ended with lower offers.
At the close of the market, First Rock Capital ended at 8.94 US cents while exchanging 9,694 shares,
Proven Investments added 1.39 US cents to close at 26.4 US cents in exchanging 7,345 units, Sygnus Credit Investments closed at 14.5 US cents, trading 599 shares. Sygnus Credit Investments slipped 0.04 of a cent to 15 US cents after exchanging 44,116 stocks and Transjamaican Highway eked out a gain of 0.01 of a cent to 0.91 of a US cent with four stock units crossing the exchange.
In the preference segment, JMMB Group 5.75% closed unchanged at US$2 trading 755 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
9.4% rise for JSE USD stocks in 2021
February 15, 2021 by