Low trading on JSE US$ market

Trading on the Jamaica Stock Exchange US dollar market remains subdued on Thursday, even as the number of active securities rose over that on Wednesday as the market continues to consolidate.
At the close of market activity, six securities changed hands, down from five on Wednesday. Trading ended with the prices of two stocks rising, one declining and three remaining unchanged. Just 232,148 shares changed hands at US$6,140, in contrast to 253,911 units for US$25,811 on Wednesday.
At the close, the market lost 0.92 points to 189.26 and the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading activity, First Rock Capital gained 1 cent and closed at 9 US cents, with 8,584 units changing hands, Margaritaville traded 700 units at 18 US cents, Proven Investments ended at 22.5 US cents, after picking up half a cent after exchanging 13,792 stock units. Sygnus Credit Investments closed at 13 US cents with 857 units crossing the exchange and Trans Jamaican ended at 0.99 US cents after transferring 208,169 shares.
In the preference segment, JMMB Group 6% shed 6 cents to close at $1 with an exchange of a mere 46 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com