Trading climbed sharply on Wednesday by more than fourteen times Tuesday level on the US dollar market of the Jamaica Stock Exchange with the market index rising 2.27 points to settle at 195.56 at the close.
At the close of the market, trading ended with four stocks changing hands compared to two on Tuesday and closed with the prices of two stocks rising, two declining and none remaining unchanged.
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 700,105 shares at US$38,808 compared to 48,132 units at US$8,939 on Tuesday. The average trade was 175,026 units changing hands at US$9,702, in contrast to an average of 24,066 shares at US$4,469 on Tuesday. Trading ended with an average of 51,128 units for the month to date at US$5,728 compared to 41,597 units at US$5,422. By comparison, October ended with an average of 697,808 units for US$17,320.
The Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital Investment gained 0.64 of a cent to end at 8.65 US cents, trading 36,020 shares, Proven Investments slipped 0.05 of a cent and settled at 25.9 US cents, with 65,344 units changing hands. Sygnus Credit Investments rose 2 US cents to 17 US cents and finishing with an exchange of 85,717 shares and Transjamaican Highway lost 0.05 of a cent to end at 0.85 of a US cent after trading 513,024 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading remained low-keyed on the Jamaican Stock Exchange’s US dollar market on Tuesday with just two securities trading and closed with the price of one stock rising and one remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and one with a lower offer. Proven Investments remained at 25.95 US cents at the close of the market after exchanging 17,317 stock units and Sygnus Credit Investments gained half of a cent to end at 15 US cents trading 30,815 shares.
At the close of the market, trading ended with two securities changing hands compared to four on Friday and ended with no stocks rising, two declining and none remaining unchanged.
By comparison, October ended with an average of 697,808 units for US$17,320.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, trading ended with five securities changing hands compared to three on Wednesday and closed with the prices of two stocks rising, two declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.02 of a cent to settle at 8.63 US cents trading 500 units, Proven Investments fell seven-tenths of a cent to 25.30 US cents in exchanging 110,257 shares, Sterling Investments gained nine-tenths of a cent to close at 2.85 US cents, with 352 units changing hands. Sygnus Credit Investments rose 1.4 cents to end at 14.50 US cents, in trading 7,533 stock units and Transjamaican Highway unchanged at 0.9 of a US cent, with 55,555 shares crossing the market.
At the close of the market, trading ended with three securities changing hands compared to five on Tuesday and ended with the price of one stock rising, one declining and one remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, trading ended with five securities changing hands compared to seven on Monday and closed with the prices of one stock rising, one declining and three remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with lower offers.
The market closed with an exchange of 246,227 shares, accounting for US$69,436 compared to 28,919 units at US$4,294 on Friday.
Proven Investments lost one-tenth of a cent and ended at 26.9 US cents, with an exchange of 22,666 stocks. Sterling Investments shed 1 US cent to end at 2 US cents after exchanging 57,000 units, Sygnus Credit Investments advanced half a cent to close at 13.5 US cents passing through the market 8,036 units and Transjamaican Highway settled at 0.9 US cent in trading 8,810 shares.
At the close of the market, trading ended with four securities changing hands compared to four on Thursday and ended with two stock prices rising, one declining and one remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ending with bids higher than its last selling price and none with lower offers.
At the close of the market, trading ended with four securities changing hands compared to three on Wednesday and closed with the prices of one stock rising, one declining and two ending unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ending with a bid higher than its last selling price and one with a lower offer.