Trading on the USD market closed on Thursday with an exchange of 59 percent fewer shares at 94 percent less value than on Wednesday, resulting in an even number of stocks rising and falling.
Trading ended with five securities changing hands, up from four on Wednesday, with the prices of two rising, two declining and one remaining unchanged. The JSE USD Equity Index added 1.24 points to end at 186.73.
The PE Ratio, a measure that computes appropriate values of stocks, averaged 11.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 340,689 shares traded for US$8,870, down from 826,816 units at US$151,135 on Wednesday.
Trading averaged 68,138 units at US$1,774, compared to 206,704 shares at US$37,784 on Wednesday. For the month to date trading averages 182,914 units for at US$18,161 in contrast to 188,277 units at US$18,927 on Wednesday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and three, with lower offers.
At the close, First Rock Capital dropped 0.6 of a cent to end at 7.2 US cents with an exchange of 26,683 shares, Proven Investments rose 2.47 cents to 25.48 US cents with 8,293 stocks traded, Sygnus Credit Investments lost 1 cent to end at 12 US cents with a transfer of 20,463 units and Transjamaican Highway ended at 0.75 US cents with 285,000 stock units crossing the exchange.
In the preference segment, JMMB Group 6% gained 6 US cents to US$1.09 with 250 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
