Trading on Monday ended with the market rising after trading 45 percent more shares than on Friday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Trading ended with five securities changing hands, similar to Friday and ended with two rising and three trading unchanged. The JSE USD Equity Index gained 1.18 points to end at 198.38.
The average PE Ratio ends at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
In total, 520,461 shares traded at US$80,702 compared to 358,713 units at US$24,581 on Friday.
Trading averaged 104,092 units at US$16,140, up from 71,743 shares at US$4,916 on Friday. Trading averaged 60,648 units for the month to date at US$11,937 in contrast to 57,790 units at US$11,661 on Friday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital closed at 8.9 US cents while exchanging 19,012 shares, Margaritaville ended at 10 US cents with 6,500 stock units trading, Proven Investments gained 0.79 US cents in closing at 24.99 US cents in switching ownership of 220,030 units. Sygnus Credit Investments rose half a cent in closing at 14 US cents in 170,358 stock units changing hands and Transjamaican Highway stayed at 0.9 of one US cents in owners switching 104,561 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.