Trading on Wednesday ended with the volume of shares changing hands declining 64 percent from Tuesday on the US dollar market of the Jamaica Stock Exchange, resulting in four securities changing hands, compared to three on Tuesday with prices of two rising, one declining and one closing unchanged.
The US Denominated Equities Index gained 1.28 points to end at 180.02. The PE Ratio, a measure that computes appropriate stock values, averages 11.3 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 70,076 shares traded for US$11,915 compared to 195,595 units at US$22,214 on Tuesday. Trading averaged 17,519 units at US$2,979, compared to 65,198 shares at US$7,405 on Tuesday, while the month to date averages 31,839 at US$6,816 versus 32,941 units at US$7,111 on Tuesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital advanced 0.2 of a cent to close at 7 US cents after exchanging 22,581 shares, Proven Investments gained 1.39 cents in ending at 23.4 US cents as 29,528 stocks passed through the market, Sygnus Credit Investments US$ share remained at 12.5 US cents in trading 17,238 units. In the preference segment, JMMB Group 5.75% shed 1 cent in closing at US$2.02 after exchanging 729 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Modest trading levels for JSE USD Market
September 15, 2021 by
