The majority of stocks trading on Tuesday remained unperturbed at the close of the JSE USD market after investors swapped 51 percent more shares, with a value that was 297 percent more than those trading on Monday.
Five securities were traded, compared to six on Monday, with one rising, none declining and four remaining unchanged.
The US Denominated Equities Index gained 0.71 points to end at 190.79. The PE Ratio, a measure that computes appropriate stock values, averages 11.9 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 648,588 shares traded for US$140,414, up from 430,050 units at US$35,362 on Monday. Trading averaged 129,718 units at US$28,083, up from 71,675 shares at US$5,894 on Monday. Trading month to date averages 92,399 units at US$9,601 versus 88,943 units at US$7,889 on Monday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows two stocks ended with the bid higher than its last selling price and one with a lower offer.
At the close, First Rock Capital settled at 7 US cents with an exchange of 5,450 shares, Margaritaville ended at 9 US cents with 111,000 stocks changing hands, Proven Investments ended unchanged at 24 US cents with 529,631 stock units traded and Sterling Investments finished at 2.05 US cents with 381 units crossing the exchange.
In the preference segment, JMMB Group 6% gained 1 cent to finish at US$1.01 with 2,126 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.