Moderate gains for JSE US market

Trading on the US dollar market of the Jamaica Stock Exchange ended on Tuesday, with the market rising moderately after investors transferred 15 percent fewer shares than on Monday at 75 percent less the value.
Trading ended with six securities changing hands, compared to five on Monday, with the prices of two stocks rising, two declining and two remaining unchanged.
The JSE USD Equity Index gained 2.55 points to close at 211.03. The average PE Ratio ended at 13.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 328,568 shares traded for US$13,722 down from 386,627 units at US$55,541 on Monday.
Trading averaged 54,761 units at US$2,287 compared to 77,325 shares at US$11,108 on Monday. The month to date averaged 56,029 units traded at US$3,758 in contrast to 56,266 units at US$4,034 on Monday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close of the market, First Rock Capital advanced 0.99 of a cent to end at 9.99 US cents with 56,942 shares traded, Margaritaville remained at 9 US cents with investors switching ownership of 2,160 units, Proven Investments held firm at 25 US cents with an exchange of 22,990 stocks. Sterling Investments advanced 0.26 of a cent to finish at 2.3 US cents with a transfer of 10,095 units, Sygnus Credit Investments lost 0.9 of a cent to end at 15.07 US cents with 100 stocks traded and Transjamaican Highway slipped 0.01 of a cent to 0.94 US cents with 236,281 shares crossing the exchange.

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

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