Trading on Wednesday closed with the JSE USD Equity Index rising 3.84 points to 204.40 and finished the first quarter of the year up 9.7 percent, after trading 88 percent fewer shares than on Tuesday, on the US dollar market of the Jamaica Stock Exchange.
Five securities traded, compared to four on Tuesday, with the prices of two rising, two declining and one remaining unchanged.
The average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended in an exchange of 41,079 shares, for US$7,818 compared to 351,011 units at US$4,986 on Tuesday.
Trading averaged 8,216 units at US$1,564, in contrast to 87,753 shares at US$1,246 on Tuesday. Trading averaged 68,746 units for the month to date at US$13,137 versus 71,289 units at US$13,623 on Tuesday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital increased 0.4 of a cent in closing at 8.9 US cents, with 231 units changing hands, Margaritaville rose by 1 cent to end at 11 US cents trading 600 stock units, Productive Business Solutions ended at US$1 in switching ownership of 212 stock units. Proven Investments shed 0.99 cents to end at 24.01 US cents while trading 17,855 units and Sygnus Credit Investments declined 0.79 of a cent to close at 14.01 US cents in exchanging 22,181 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market gains 10% for Q1
March 31, 2021 by