JSE US$ market ends week on high

Trading on the JSE US Dollar Market remained low key on Friday, but it carved out a rise in the market Index of 1.35 points to finish at 180.19, with four securities changing hands.
Trading ended with the prices of two stocks rising, one declining and one closing unchanged. The average PE Ratio of the JSE US Dollar Market ended at 12.9 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 224,150 shares, accounting for US$7,470 compared to 1,520,815 units at US$77,061 on Thursday.
The average trade for the day ended at 56,038 units at US$1,868 in contrast to an average of 380,204 valued at US$19,265 on Thursday. Trading closed, with an average of 125,536 units for the month to date at US$6,094 for each security trading, in contrast to 153,335 units at US$7,784 on Thursday. The average trades for June was 281,680 shares at US$46,787 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Proven Investments concluded trading, with 23,405 shares after the price rose four-tenth of a cent to close at 23 US cents. Sygnus Credit Investments added 2 cents to settle at 15 US cents in exchanging 695 units and Transjamaica Highway lost one-tenth of a cent to close at 0.94 of a cent, with 200,000 shares crossing the exchange.
In the preference segment, EquityLine Mortgage preference share traded 50 units and closed unchanged at USUS$1.95.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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