Trading on Wednesday, ended with the volume of shares changing hands declining after trading 86 percent less with 62 percent lower than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of more stocks rising and falling.
Similar to Tuesday seven securities traded, with two rising, two declining and three ending unchanged. The JSE US Denominated Equities Index gained 0.92 points to end at 205.81.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.1. The PE ratio for USD stocks is based on ICInsider.com earnings forecasts for companies with financial years, up to August 2022.
Overall, 158,816 shares traded for US$12,458, down from 1,143,202 units at US$32,461 on Tuesday. Trading averaged 22,688 units at US$1,780, compared to 163,315 shares at US$4,637 on Tuesday and month to date an average of 66,271 shares at US$5,070 down from 74,299 units at US$5,676 on the preceding day. February ended with an average of 87,719 units for US$9,318.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share rose 0.53 of a cent to 8.23 US cents trading just one share, Margaritaville ended unchanged at 16 US cents in exchanging 8,085 stock units, Proven Investments climbed 0.97 of one cent to end at 23.99 US cents while trading 15,615 stocks. Sterling Investments lost 0.04 of a cent after ending at 2 US cents with the swapping of 41,285 units, Sygnus Credit Investments USD share finished at 12.99 US cents with 46,608 stocks changing hands, Sygnus Real Estate Finance USD share remained at 15.89 US cents after trading 1,055 shares and Transjamaican Highway declined 0.01 of a cent to end at 0.88 US cents in an exchange of 46,167 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gain for JSE USD stock market
March 9, 2022 by