Stocks mostly closed higher in trading on Friday, with the market Index advancing 5.55 points to 200.72 at the close of trading on the US dollar market of the Jamaica Stock Exchange, with 23 percent reduced volume and the value traded falling 84 percent from Thursday’s activity.
Similar to Thursday, five securities traded with two stocks rising, one declining and two ending unchanged. The PE Ratio averages 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 235,956 shares for a mere US$4,372, down from 305,332 units at US$28,042 on Thursday.
Trading averaged 47,191 units at US$874, in contrast to 61,066 shares at US$5,608 on Thursday. Trading month to date averaged 69,547 units at US$9,223, compared to 70,676 units at US$9,645 on the prior trading day. January averaged 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows no stock ending with he bid higher than the last selling price and one with lower offers.
At the close of the market, First Rock Capital remained at 9 US cents trading 11,088 shares, Productive Business Solutions rose 11.85 cents to a 52 weeks’ high of 90.85 US cents in an exchange of 153 units, Proven Investments was unchanged at 25 US cents, after 4,020 stock units crossed the exchange. Sygnus Credit Investments gained 0.87 of a cent to close at 14.89 US cents in switching ownership of 1,176 units and Transjamaican Highway declined 0.02 of a cent in closing at 0.93 of a US cent with 219,519 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
