The Jamaica Stock Exchange, US dollar market, enjoyed a bounce in the number of securities trading on Monday, but the volume of stocks changing hands fell from Friday’s numbers.
Market activity ended in seven securities changing hands, with two advancing while five remained unchanged. Investors exchanged 355,751 units at US$22,821, in contrast to 1,343277 units for US$36,373 on Friday.
At the close, the market index gained 1.07 points to 188.04 and the PE ratio of the market closed with an average of 13 times 2020 earnings.
At the end of trading, First Rock Capital exchanged 316 units at 9 US cents, Margaritaville closed at 18 US cents after transferring 100 units, Proven Investments gained of 0.3 of a cent while trading 76,843 shares to end at 22.8 US cents. Sterling Investments swapped 222,314 shares at 2 US cents, Sygnus Credit Investments ended at 13 US cents after exchanging 2,000 units and Trans Jamaican Highway held firm at 1 US cent in transferring 54,158 shares.
In the preference segment, JMMB Group 5.75% preference share gained 15 cents trading 20 units to finish at US$2.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Friday’s decline brings the year to date loss to 17.4 percent as a number of the stocks pulled back from the highs they were trading at earlier in the year. At the close of trading, the PE ratio of the market ended with an average of 13.0 times 2020 earnings.
Market activity resulted in four securities changing hands, with one declining, leaving three unchanged. Investors traded 851,302 units with a value of US$82,312, in contrast to 80,549 units for US$15,756 on Wednesday.
The JSE US dollar Market closed trading on Wednesday with a lower volume and value of stocks crossing the market than on Tuesday.
The JSE US Market resulted in a lower number of companies trading on Tuesday that delivered a higher turnout of volume and value of stocks crossing through the market.
At the close, the market Index gained 3.93 points to end at 192.62 and the PE ratio closed with an average of 13.1 times 2020 earnings.
Investors exchanged 1,253,326 shares valued at US$240,737, in contrast to 1,171,339 units for US$270,439 on Wednesday.
Market activity resulted in three securities changing hands, with one stock rising and two declining as investors exchanged 1,171,339 shares with a value of US$270,439, in contrast to 785,696 units for US$170,640 on Tuesday.