Trading on Tuesday ended with the market rising after an exchange of nine times more shares than on Monday, at the close of the US dollar market of the Jamaica Stock Exchange, resulting in six securities changing hands, compared to four on Monday with two stocks rising, one declining and three remaining unchanged.
The JSE USD Equity Index climbed 4.98 points to end at 218.71. The average PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings ends at 13.2.
Overall, 289,034 shares traded for US$36,227 up from 32,091 units at US$2,549 on Monday.
Trading averaged 48,172 units at US$6,038, in contrast to 8,023 shares at US$637 on Monday. Trading month to date averaged 79,037 units at US$6,451 in contrast to 81,028 units at US$6,478 on Monday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital ended at 9 US cents in exchanging 12,558 shares, Margaritaville closed at 9 US cents, trading 673 shares, Proven Investments advanced 1 cent to close at 27 US cents in trading 126,273 stock units. Sterling Investments fell 0.14 of a cent to close at 2.3 US cents while exchanging 600 units, Sygnus Credit Investments rose 2.9 cents to closed at 14.9 US cents while exchanging 100 units and Transjamaican Highway settled at O.95 of a US cent trading 148,830 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Nice bounce for JSE USD stocks
April 27, 2021 by
