The volume of stocks traded surged 1,375 percent higher on Friday than on Thursday with 58 percent greater value on the Jamaica Stock Exchange US dollar market ended, resulting in 10 securities trading, compared to five on Thursday with six rising, none declining and four ending unchanged.
Overall, 1,735,411 shares traded for US$33,791 up from 117,636 units at US$21,357 on Thursday. Trading averaged 173,541 units at US$3,379, compared to 23,527 shares at US$4,271 on Thursday, with the month to date averaging 49,665 shares at US$3,449 versus 40,062 units at US$3,454 on the previous day. June ended with an average of 71,901 units for US$8,793. The JSE US Denominated Equities Index gained 3.86 points to end at 209.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share finished at 6.5 US cents in switching ownership of 744 shares, Margaritaville remained at 14.98 US cents after exchanging 19 stocks, MPC Caribbean Clean Energy ended unchanged at US$1.30 in trading 13 stock units. Proven Investments increased 0.95 of one cent to close at 23 US cents, with 56,462 units crossing the exchange, Sterling Investments ended unchanged at 2.08 US cents after trading 509 stocks, Sygnus Credit Investments USD share rose 0.88 of a cent to end at 11.99 US cents in exchanging 43,476 stock units and Transjamaican Highway
gained 0.06 of a cent in closing at 0.96 US cents while exchanging 1,634,177 units.
In the preference segment, Equityline Mortgage Investment preference share climbed 18 cents to US$1.85 after trading nine shares, JMMB Group 5.75% advanced 2 cents to close at US$2.05 in an exchange of one stock unit and JMMB Group 6% popped 5 cents to US$1.10 with the swapping of one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
No losers just winners
July 29, 2022 by