Increased market activity ended Friday on the Jamaica Stock Exchange US dollar market ended, with a 175 percent rising the volume of stocks exchanged, with a value of 199 percent more than on Thursday, resulting in trading in five securities, the same as on Thursday with prices of two rising, two declining and one ending unchanged.
The market closed with an exchange of 280,988 shares for US$32,878 compared to 102,017 units at US$10,991 on Thursday.
Trading averaged 56,198 units at US$6,576 versus 20,403 shares at US$2,198 on Thursday, with a month to date average of 35,336 shares at US$3,065 compared with 33,999 units at US$2,839 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index gained 0.19 points to wrap up trading at 237.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share slipped 0.01 of a cent to 4.69 US cents with 106 shares crossing the market, Proven Investments lost 0.79 of one cent in closing at 13.09 US cents with investors trading 242,886 stock units and Transjamaican Highway rose 0.02 of a cent to end at 2.05 US cents after 37,951 shares passed through the market.
In the preference segment, JMMB Group US8.5% preference share rallied 6 cents to close at US$1.26 with investors swapping 20 stock units and Sygnus Credit Investments E8.5% ended at US$10.40 and closed with an exchange of 25 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in trading on JSE USD market
May 17, 2024 by
