Trading on Thursday, ended with the volume of shares changing hands slipping 53 percent with 71 percent lower value than Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in far more stocks rising than falling.
Trading ended with seven securities changing hands, compared to nine on Wednesday with prices of four rising, one declining and two holding firm.
The JSE US Denominated Equities Index gained 1.16 points to end at 200.07.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 185,440 shares traded for US$13,723 compared to 397,370 units at US$47,370 on Wednesday.
Trading averaged 26,491 units at US$1,960, compared to 44,152 shares at US$5,263 on Wednesday and month to date averaging 77,951 shares at US$7,312 versus 81,287 units at US$7,659 on the prior day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share increased 0.1 of a cent to 6.99 US cents while trading 31,191 shares, Proven Investments rallied 1.75 cents to 22.75 US cents after 26,155 stock units changed hands, Sterling Investments remained at 2.1 US cents while exchanging 10,000 stocks. Sygnus Credit Investments USD share gained 0.25 of a cent to close at 12.95 US cents after trading 2,346 units and Transjamaican Highway shed 0.02 of a cent in closing at 0.83 of one US cent in swapping of 113,477 stocks.
In the preference segment, JMMB Group 5.75% popped 7 cents to US$2.09, with 2,000 stock units crossing the market and JMMB Group 6% finished at US$1.15 in an exchange of 271 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most JSE USD stocks rose on Thursday
January 27, 2022 by
