Consistent trading for JSE USD market

Trading remains consistent at the close on Friday with seven securities changing hands for a third consecutive day with the US dollar market index slipping for a second day after 14 percent fewer shares changed hands than on Thursday, resulting in the total value falling 92 percent, from the prior day.
Trading closed with the prices of two stocks rising, one declining and four remaining unchanged, with the JSE USD Equity Index losing 1.15 points to end at 192.08. The PE Ratio averages 13.7 based on forecast of 2020-21 earnings.
The market closed with an exchange of 543,918 shares for US$20,823, down from 633,561 units at US$275,891 on Thursday. Trading averaged 77,703 units at US$2,975, well off the 90,509 shares at US$39,413 on Thursday. Trading for the month to date averaged 72,383 units at US$10,571, in contrast to 71,880 units at US$11,290 on the prior trading day. January averaged 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows no stock ending with bids higher than their last selling prices nor with lower offers.
At the close of the market, First Rock Capital shed 0.08 of a cent to close at 8.9 US cents, in exchanging 3,767 stocks, Margaritaville settled at 11 US cents with the transfer of 3,500 stock units, Proven Investments gained 0.29 of a cent to close at 25.99 US cents trading 2,255 units. Sterling Investments ended at 2.39 US cents, with 1,000 stock units changing hands, Sygnus Credit Investments remained at 14.95 US cents after transferring 16,675 shares and Transjamaican Highway gained 0.06 of a cent in closing at 0.91 of a US cent, trading 510,377 shares.
In the preference segment, JMMB Group 5.75% remained at US$2.03, with an exchange of 6,344 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC