The prices of all stocks trading on Friday on the Jamaica Stock Exchange USD market declined with five securities changing hands, compared to two on Thursday with none of the five stocks trading was able to post gains at the close with 35 percent fewer shares changing hands than on Thursday.
The JSE USD Equity Index declined by 2.17 points to end at 195.46. The PE Ratio, a measure that computes an appropriate value of a stock, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 33,598 shares traded, for US$12,823 compared to 51,500 units at US$1,068 on Thursday, with an average of 6,720 units trading at US$2,565, in contrast to 25,750 shares at US$534 on Thursday. The month to date averaged 12,157 units at US$1,984 in contrast to June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and one with a lower offer.
At the close, Proven Investments dipped 1 cent to 25 US cents with 11,020 shares traded, Sterling Investments slipped 0.4 of a cent to 1.9 US cents, with 4,000 stock units changing hands, Sygnus Credit Investments lost 0.7 of a cent to 14 US cents, after 8,228 stocks crossed through the exchange and Transjamaican Highway fell 0.01 of a cent to 0.88 US cents, with 1,850 stock units crossing the exchange.
In the preference segment, JMMB Group 6% shed 6.85 cents to close at US$1.031 with 8,500 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
