More securities trade on JSE USD market

The number of securities trading rose on Tuesday over Monday but the volume slipped 7.29 percent as the US dollar market of the Jamaica Stock Exchange lost some ground at the close.
Trading ended with six securities changing hands, compared up from four on Monday with no stock rising, four declining and two remaining unchanged.
JSE USD equity index lost 3.57 points to end at 189.30. The average PE Ratio ends at 13 based on’s forecast of 2020-21 earnings.
The market closed with 954,856 shares, trading at US$23,924 down from 1,029,883 units at US$90,244 on Monday.
Trading averaged 159,143 units at US$3,987, in contrast to 257,471 shares at US$22,561 on Monday. Trading ended, with an average of 102,907 units for the month to date at US$6,068 in contrast to 89,410 units at US$6,568 on the prior trading day. By comparison,  December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the market close, First Rock Capital Investment carved out a loss of 1.89 cents in closing at 7 US cents after 101,000 stock units cleared the market, Sterling Investments shed 0.4 of a cent, ending at 2 US cents in an exchange of 48,000 stock units, Sygnus Credit Investments settled at 17 US cents after exchanging 21,686 stocks and Transjamaican Highway shed 0.04 of a cent to close at 0.86 of a US cent in finishing trading with 779,120 units.
In the preference segmentEquityline Mortgage Investment preference share remained at US$1.96 while exchanging 50 stock units and JMMB Group 6% lost 0.8 of a cent in closing at US$1.012 after 5,000 shares crossed the exchange.

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

About IC