Trading closed on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks traded declining by 87 percent and the value diving 93 percent lower than on Friday, resulting in more stocks falling than rising.
Seven securities traded against six on Friday, with one rising, three declining and three finishing unchanged, resulting in the JSE US Denominated Equities Index gaining 0.09 points to end at 220.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 32,360 shares traded for US$4,111, down sharply from 247,506 units at US$57,518 on Friday. Trading averaged 4,623 units at US$587 compared to 41,251 shares at US$9,586 on Friday, with a month to date average of 101,214 shares at US$4,489 versus 112,119 units at US$4,929 on the previous trading day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Capital USD share finished at 7.5 US cents trading 35 units, Margaritaville ended at 15 US cents while exchanging five shares and Proven Investments gained 0.25 of a cent in closing at 26.25 US cents after exchanging 3,427 stock units. Sterling Investments dropped 0.08 of a cent to 1.92 US cents after 198 units changed hands, Sygnus Credit Investments USD share declined 0.39 of one cent in ending at 12 US cents, with 26,521 stocks crossing the market and Transjamaican Highway ended unchanged at 0.98 of one US cent and trading 2,173 units.
In the preference segment, JMMB Group 6% shed 2 cents to end at US$1.08 after one share cleared the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Marginal rise for JSE USD market
June 13, 2022 by
