Trading on Thursday ended with the market declining after trading just under 45 percent more shares than on Wednesday, on the US dollar market of the Jamaica Stock Exchange, resulting in many more stocks falling than rising.
Six securities traded, similar to Wednesday, with prices of one rising, four declining and one remaining unchanged, resulting in the JSE USD Equity Index slipping 031 points to end at 211.77.
Overall, 658,389 shares changed hands for US$27,752 compared to 455,125 units at US$12,464 on Wednesday. The average PE Ratio ends at 12.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading averaged 109,732 units at US$4,625, up from 75,854 shares at US$2,077 on Wednesday. Trading averaged 80,524 units for the month to date at US$6,116 in contrast to 78,855 units at US$6,201 on Thursday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital dropped 1 cent in closing at 8 US cents with an exchange of 106,971 shares, Margaritaville ended at 9 US cents in trading 4,000 stocks, Proven Investments fell 0.02 of a cent to close at 26.97 US cents in exchanging 33,753 stock units. Sterling Investments dipped 0.3 of a cent to end at 2 US cents with an exchange of 336,049 shares, Sygnus Credit Investments rose 0.01 of a cent to end at 15 US cents with 7,616 stock units changing hands and Transjamaican Highway dropped 0.04 of a cent to end at 0.91 US cents trading 170,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
