Trading on Tuesday ended with the volume of shares changing hands rising 91 percent, but with 77 percent lower value than on Friday, as the final week of the year for the Jamaica Stock Exchange US dollar market, commenced activity, resulting in more stocks declining than those rising.
Trading ended with six securities changing hands, compared to seven on Friday with prices of two rising, three declining and one left unchanged.
The JSE US Denominated Equities Index gained 2.21 points to end at 213.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.7. The PE ratio uses earnings forecasts by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 198,530 shares traded for US$3,666 compared to 103,747 units at US$16,128 on Friday. Trading averaged 33,088 units at US$611, versus 14,821 shares at US$2,304 on Friday, with the month to date averaging 342,455 shares at US$45,828 versus 361,994 units at US$48,684 on Friday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share dropped 0.01 of a cent to close at 6.95 US cents, with 40 shares changing hands, Productive Business Solutions declined 0.4 of a cent in closing at US$1.33 in trading one unit, Proven Investments rose half a cent to end at 23 US cents in exchanging 5,734 stocks. Sterling Investments finished at 2.1 US cents after trading 100 stock units, Sygnus Credit Investments USD share fell 0.85 of a cent to 12.05 US cents in an exchange of 7,156 stock units and Transjamaican Highway popped 0.14 of one cent to end at 0.85 of a US cent trading 185,499 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed trading for JSE USD stocks
December 28, 2021 by
