Trading on Tuesday ended with the volume of shares changing hands rising 38 percent but with 55 percent lower value than Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in rising stocks being edged out by those declining.
Trading ended with six securities changing hands, compared to eight on Monday with prices of two rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index dropped 5.17 points to end at 202.37.
The PE Ratio, a measure used in computing appropriate stock values, averages 13.3. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 1,021,685 shares traded, for US$18,940 compared to 740,458 units at US$41,979 on Monday. Trading averaged 170,281 units at US$3,157, compared to 92,557 shares at US$5,247 on Monday and month to date averages 75,993 shares at US$3,221 versus 59,354 units at US$3,232 on the previous day. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share shed 0.01 of a cent in closing at 6.99 US cents after an exchange of 552 shares, Margaritaville increased 2 cents to 20 US cents trading 1,860 stocks, Productive Business Solutions fell 7 cents to US$1.09, with 27 stock units crossing the market. Proven Investments traded 45,841 units to finish at 22 US cents, Sterling Investments popped 0.01 of a cent to close at 2.31 US cents, with 12,100 shares changing hands and Transjamaican Highway declined 0.11 of a cent in ending at 0.78 US cents in an exchange of 961,305 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market slips back
February 8, 2022 by
