Trading on Thursday ended with the volume of shares changing hands rising 29 percent more with 58 percent higher value than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market and resulting in the majority of stocks rising.
Trading ended with seven securities changing hands, up from four on Wednesday with prices of five rising and two declining.
The JSE US Denominated Equities Index climbed 6.32 points to 204.80. The PE Ratio, a measure used in computing appropriate stock values, averages 13.8. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 643,585 shares traded, for US$54,243 compared to 498,081 units at US$34,261 on Wednesday. Trading averaged 91,941 units at US$7,749, compared to 124,520 shares at US$8,565 on Wednesday and month to date averages 81,988 shares at US$4,261 versus 80,405 units at US$3,706 on the previous day. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share fell 0.09 of a cent to end at 6.9 US cents, with 16,345 shares clearing the market, Margaritaville popped 2 cents in closing at 24 US cents after switching ownership of one stock unit, 
Proven Investments advanced 0.02 of a cent in ending at 22.95 US cents exchanging 108,180 stock units. Sterling Investments shed 0.06 of a cent to close at 2.25 US cents with the swapping of 7,824 units, Sygnus Credit Investments USD share gained 0.93 of one cent to 12.93 US cents, with 15,250 units changing hands and Transjamaican Highway rose 0.05 of a cent in closing at 0.85 of one US cent after 485,400 stocks crossed the market.
In the preference segment, JMMB Group 5.75% rallied 7 cents to US$2.09 in exchanging 10,585 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
February 10, 2022 by
