Trading on the Jamaica Stock Exchange US Market on Monday resulted in an increased volume and value of stocks changing hands well ahead of Fridays’ levels, but the market index slipped at the end.
Market activity resulted in five securities changing hands, with two stocks rising and three declining, resulting in 437,566 units with a value of US$61,748, in contrast to 36,380 units for US$5,752 on Friday.
At the close, the market index declined 6.33 points to 190.51, with the PE ratio ending with an average of 13 times 2020 earnings.
In trading, First Rock Capital shed 1 cent after transferring 4,331 units to close at 8 US cents, Proven Investments lost 1 cent to end market activity, with 236,294 shares at 23 US cents, Sterling Investments gained 0.3 of a cent in exchanging 4,331 units to finish at 2.3 US cents. Sygnus Credit Investments ended at 14 US cents, with a rise of 1.9 cents after swapping 38,875 shares and Trans Jamaican Highway closed with a loss of 0.1 of a cent, with 153,735 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity resulted in three securities changing hands, with the price of one stock falling, none declining and two left unchanged. Investors exchanged just 36,380 units valued at a mere $5,752, in contrast to 1,628,728 units valued at $25,369.32 on Thursday.
Market activity resulted in four securities changing hands, with two stocks rising, with none declining and two left unchanged. Investors exchanged 1,628,728 units valued at $25,369, in contrast to just 990,048 units valued at $72,533 on Wednesday.
Market activity resulted in seven securities changing hands, with one stock rising, four declining and two left unchanged. Investors exchanged 990,048 units valued at $72,533, in contrast to just 314,331 shares valued US$4,048 on Tuesday.
Market activity resulted in three securities changing hands, with one stock rising, one declining and one left unchanged. Investors exchanged 314,331 shares with a value of US$4,048, in contrast to just 18,205 units for US$623 on Monday. Proven Investments, one of the most popular and liquid stock in the market, has not traded for a second consecutive trading day.
At the close, the market lost 9.36 points to 193.68. The PE ratio of the market closed with an average of 13.4 times 2020 earnings.
At the close, the market advanced by 12.88 points to 203.04. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
Market activity resulted in six securities changing hands, with one stock rising, two declining and three left unchanged. The volume of shares traded was 1,959,096 units with a value of US$382,572, in contrast to 3,324,487 units for US$323,180 on Tuesday.