Trading on Friday ended after 17.6 percent more shares were traded than on Thursday, leading to the Jamaica Stock Exchange US dollar market rising as six securities changed hands, from seven on Thursday with four stocks rising and two remaining unchanged.
Trading ended with the JSE USD Equity Index rallying 3.19 points to close at 200.51. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 175,570 shares traded for US$30,696 compared to 149,296 units at US$18,104 on Thursday.
Trading averaged 29,262 units at US$5,116, in contrast to 21,328 shares at US$2,586 on Thursday. Trading averaged 113,965 units for the month to date at US$3,435 in contrast to 139,376 units at US$2,930 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital settled at 9 US cents after 10,814 shares were traded, Productive Business Solutions remained at 80 US cents with 108 stock units changing hands, Proven Investments popped 0.99 of a cent to 25.99 US cents with 108,096 shares changing hands. Sterling Investments rose 0.25 of a cent in closing at 2.3 US cents after exchanging 39,116 units, Sygnus Credit Investments rose 0.1 of a cent to 15.3 US cents, with 3,717 stock units crossing the exchange and Transjamaican Highway popped 0.01 of a cent to 0.92 of a US cent in trading 13,719 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.