JSSE USD Market gains 4.5% in January

Trading volume jumped 207 percent over Thursday’s trades at a relatively stable dollar value at the close of the US dollar market of the Jamaica Stock Exchange on Friday.  
JSE USD Equity Index lost 2.17 points to end at 194.70, to be up 4.5 percent for 2021 to date after trading ended with six securities changing hands at the close, up from three on Thursday with one stock rising, three declining and two remaining unchanged.
The average PE Ratio ends at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 1,040,157 shares at US$54,481 up from 339,063 units at US$53,047 on Thursday.
Trading averaged 173,360 units at US$9,080, versus 113,021 shares at US$17,682 on Thursday. Trading averaged 136,322 units for the month to date at US$19,289 in contrast to 133,005 units at US$20,203 on Thursday. By comparison, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none closed with a lower offer.
At the close of the market, First Rock Capital Investment fell 0.04 of a cent to close at 7.96 US cents trading 3,973 shares, Proven Investments dropped 3.95 cents in closing at 23.03 US cents after exchanging 2,853 stocks. Sygnus Credit Investments gained 1.94 cents to close at 16.99 US cents after 173,225 units changed hands and Transjamaican Highway dropped 0.01 of a cent to close at 0.85 US cents after an exchange of 850,021 shares.
In the preference segmentEquityline Mortgage Investment preference share stayed at US$1.96 with 50 stock units crossing the market and JMMB Group 5.75% closed at US$2 in trading 10,035 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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