Trading on Tuesday ended with the market declining after the volume of shares traded plunged 99 percent bellows Monday levels as the value nosedived by a similar percentage at the close of the US dollar market of the Jamaica Stock Exchange.
Similar to trading on Monday, five securities traded, with one rising, three declining and one remaining unchanged. The JSE USD Equity Index slipped 0.61 points to end at 184.41.
The PE Ratio, a measure that computes an appropriate stock value, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Just 14,874 shares traded for US$1,480, plunging from 2,078,672 units at US$107,586 on Monday.
Trading averaged 2,975 units at US$296, compared to 415,734 shares at US$21,517 on Monday. For the month to date, trading averages 126,980 units at US$9,807 in contrast to 136,375 units at US$10,528 on Monday. 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 investors traded 3,899 shares at 8 US cents, Margaritaville popped 0.97 o a cent in closing at 9.99 US cents, with 1,000 stock units changing hands, Proven Investments declined 0.65 of a cent to 24.05 US cents in switching ownership of 2,902 units. Sterling Investments fell 0.15 of a cent and ended at 2.15 US cents with the swapping of 5,000 stock units and Sygnus Credit Investments lost 1.79 US cents to end at 12.2 US cents trading 2,073 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
