Trading on the Jamaica Stock Exchange US dollar market ended on Friday after just two securities were traded resulting in a 30 percent rise in the volume of stocks changing hands, valued 63 percent lower than Thursday, compared to seven on Thursday and ending with the price of one rising and one declining.
A total of 145,233 shares changed hands at US$3,750 compared with 112,148 units at US$10,192 on Thursday.
Trading averaged 72,617 shares at US$1,875 compared to 16,021 units at US$1,456 on Thursday, with a month to date average of 108,220 shares at US$3,132 compared to 109,617 units at US$3,181 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index fell 3.33 points to 252.50.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. 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 ending with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments rose 0.98 of one cent in closing at 14.53 US cents in trading 8,417 shares and Transjamaican Highway shed 0.18 of a cent to close at 1.8 US cents after an exchange of 136,816 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Activity dives on JSE USD Market
July 14, 2023 by