The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market Index rising after trading 42 percent more shares than on Tuesday, resulting in declining stocks just edging out those rising.
Trading ended with six securities changing hands at the close, compared to seven on Tuesday and ended with the prices of two stocks rising, three declining and one remaining unchanged.
JSE USD equity Index gained 2.35 points to end at 196.23. The average PE Ratio ended at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 84,098 shares, accounting for US$24,059 compared to 59,397 units at US$16,022 on Tuesday.
Trading averaged 14,016 units changing hands at US$4,010, versus an average of 8,485 shares at US$2,289 on Tuesday. Trading ended with an average of 53,565 units for the month to date at US$6,332 in contrast to 55,915 units at US$6,469 on Tuesday. November ended with an average of 1,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows one stock ended with the bid higher than the last selling price and none closed with a lower offer.
At the close of the market, MPC Caribbean Clean Energy slipped 1 cent to US$1.14 after exchanging 341 shares, Productive Business Solutions advanced 15 cents to end at 81 US cents in exchanging 11,458 stock units, Proven Investments dropped 0.27 of a cent to settle at 26.7 US cents after exchanging 53,640 shares. Sterling Investments closed at 2.38 US cents with investors swapping 809 units, Sygnus Credit Investments climbed 2 US cents to 16 US cents trading 5,000 stock units and Transjamaican Highway shed 0.05 of a cent to settle at 0.9 US cents with an exchange of 12,850 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the market close, First Rock Capital Investment lost 0.01 of a cent to close at 8.99 US cents in trading 24 shares, Proven Investments advanced 0.97 of a cent to close at 26.97 US cents after exchanging 672 units, Sterling Investments gained 0.01 of a cent to 2.38 US cents with an exchange of 4,170 stocks. Sygnus Credit Investments fell 2.49 cents to 14 US cents in an exchange of 30,317 stock units, Transjamaican Highway lost 0.02 of a cent in closing at 0.95 US cents in trading 13,678 stocks.
Similar to trading on Thursday, the market ended with six securities changing hands with prices of two stocks rising, three declining and one remaining unchanged.
At the close of trading, First Rock Capital Investment carved out a gain of 1 US cents to close at 9 US cents after finishing trading 4,572 shares, Margaritaville lost 1 cent in ending at a 52 weeks’ low of 10 US cents in exchanging 60,806 stock units. Proven Investments gained 0.02 of a cent to close at 26 US cents after trading 70,930 stock units, Sterling Investments shed 0.01 of a cent to close at 2.37 US cents while trading 4,070 stocks, Sygnus Credit Investments shed 0.07 of a cent to end at 16.49 US cents, with just two stocks changing hands and Transjamaican Highway remained at 0.97 of a US cent while trading 120,600 stock units.
Trading ended with six securities changing hands at the close, versus seven on Wednesday and ended with the prices of two stocks rising, four declining.
At the close of the market, First Rock Capital Investment fell 1 cent to end at 8 US cents trading 50,000 shares, Proven Investments gained 0.09 of a cent to settle at 25.98 US cents after exchanging 1,020 units. Sygnus Credit Investments rose 0.86 of a cent to 16.56 US cents with investors swapping 2 stock units and Transjamaican Highway fell 0.01 cent in closing at 0.97 of a US cent with an exchange of 175,151 stock units.
The market closed with seven securities changing hands, up from three on Tuesday, with three stocks rising, two declining and two remaining unchanged.
At the close of the market, Rock Capital Investment rose 1 cent to end at 9 US cents in trading 9,962 shares, Productive Business Solutions closed at 66 US cents with an exchange of 52 stocks, Proven Investments dropped 0.04 of a cent to close at 25.89 US cents in exchanging 52,945 stocks. Sterling Investments rose 0.28 of a cent in closing at 2.38 US cents, trading 100 units, Sygnus Credit Investments ended at 15.7 US cents while exchanging 839 units, Transjamaican Highway climbed 0.06 of a cent in closing at 0.98 of a US cent with 995,361 stock units changing hands.
For the second consecutive day, three stocks changed hands at the close and ended with the prices of two stocks rising and one declining. The JSE USD equity index lost 0.11 points to end at 190.67.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
Only three securities changed hands versus six on Friday. At the close, the JSE USD equity index was unchanged at 190.78 points. The average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading shows no stock ended with bids higher than their last selling prices and one with a lower offer.
For a second consecutive day, trading ended with six securities changing hands at the close, ending with the prices of three stocks rising, two declining and one remaining unchanged.
Sterling Investments gained 0.1 of a cent to end at 2.1 US cents with investors swapping 9,250 units, Sygnus Credit Investments remained at 15.7 US cents after trading 785 stock units and Transjamaican Highway rose 0.1 of a cent trading 33,100 shares to close at 0.91 of a US cent.
Margaritaville remained at 11 US cents, with 1,500 stock units changing hands, Proven Investments lost 1.98 cents to end at 24.01 US cents in trading 16,149 stocks. Sterling Investments fell 0.38 of a cent in ending at 2 US cents with an exchange of 36,044 units, Sygnus Credit Investments shed 0.3 US cents in closing at 15.7 US cents, trading 2,626 stocks and Transjamaican Highway declined by 0.14 of a cent in ending at 0.81 of a US cent and clearing the market with 165,845 stock units.
At the close of the market, First Rock Capital Investment gained half of a cent to close at 9 US cents in exchanging 5,730 shares, Margaritaville remained at 11 US cents, with the trading of 282 units, Proven Investments held firm at 25.99 US cents after an exchange of 4,314 stock units. Sterling Investments lost 0.02 of a cent to end at 2.38 US cents, with investors swapping 2,924 units, Sygnus Credit Investments closed at 16 US cents in trading 9,000 stock units and Transjamaican Highway ended at 0.95 of a US cent, after exchanging 6,700 shares.