Trading on Monday ended with the volume of shares changing hands rising 396 percent, with a 33 percent higher than on Friday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising on a four to one ratio.
A total of six securities traded compared to seven on Friday with one rising, four declining and one ending unchanged. The JSE US Denominated Equities Index slipped 3.58 points to 205.10.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.1. The PE ratio computations are based on ICInsider.com earnings forecasts for companies with financial years, up to August 2022.
Overall, 972,142 shares traded, for US$72,478 up from 195,986 units at US$54,608 on Friday. Trading averaged 162,024 units at US$12,080 compared to 27,998 shares at US$7,801 on Friday and month to date an average of 54,199 shares at US$5,910 versus 28,321 units at US$4,429 on the preceding trading day. February ended with an average of 87,719 units for US$9,318.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share added 0.02 of a cent to close at 8 US cents, with 42,270 shares changing hands, Margaritaville declined 0.4 of a cent in closing at 17.6 US cents in switching ownership of 1,200 stocks, Proven Investments shed 0.95 of one cent to end at 24 US cents after exchanging 232,242 units. Sterling Investments lost 0.25 of a cent and ended at 2.05 US cents with an exchange of 294,860 stock units, Sygnus Credit Investments USD share finished at 12.99 US cents after 30,720 stocks crossed the market and Transjamaican Highway dropped 0.07 of a cent to 0.82 of one US cent in exchanging 370,850 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.