Trading on Friday ended with the market declining after trading 125 percent more shares than on Thursday, on the US dollar market of the Jamaica Stock Exchange, resulting in declining stocks clobbering those rising.
Six securities changed hands, compared to four on Thursday with one stock rising, four declining and one closing unchanged.
The JSE USD Equity Index lost 3.63 points to end at 208.05. The average PE Ratio ends at 13.1 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 483,586 shares traded, for US$38,961 compared to 214,841 units at US$54,388 on Thursday.
Trading averaged 80,598 units at US$6,494, in contrast to 53,710 shares at US$13,597 on Thursday. Trading for the month to date averages 103,810 units at US$12,476 in contrast to 105,595 units at US$12,936 on Thursday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows no stock ending trading with the bid higher than the last selling price and one with lower offers.
At the close, First Rock Capital declined by 0.35 of a cent to 8.61 US cents, trading 14,086 shares, Margaritaville ended trading of 309,135 stock units and closed at 9 US cents, Proven Investments lost 0.9 of a cent in closing at 26 US cents, with 6,240 stock units changing hands. Sterling Investments shed 0.08 of a cent to end at 2.21 US cents in an exchange of 477 stock units, Sygnus Credit Investments declined by 1.23 cents to 14.7 US cents after exchanging 50,000 stocks and Transjamaican Highway climbed 0.02 of a cent to end at 0.95 US cents with the swapping of 103,648 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
