Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 16 percent buy with a 75 percent lower value than on Wednesday, resulting in six securities traded, compared to eight on Wednesday with one rising, one declining and four ending unchanged.
Overall, 954,744 shares were traded for US$59,481 compared to 819,705 units at US$242,568 Wednesday. Trading averaged 159,124 units at US$9,914, versus 102,463 shares at US$30,321 on Wednesday, with a month to date average of 56,947 shares at US$8,704 versus 52,992 units at US$8,657 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
The JSE US Denominated Equities Index rose 9.00 points to end at 206.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents in an exchange of 41,225 shares, Productive Business Solutions climbed 5 cents to end at US$1.20 after a transfer of 4,819 stock units, Proven Investments lost 1 cent in closing at a 52 weeks’ low of 19 US cents, with 193,028 units changing hands. Sterling Investments ended at 2.09 US cents, with investors transferring 2,840 stocks and Transjamaican Highway closed at 0.85 of a US cent in exchanging 708,836 stock units.
In the preference segment, JMMB Group 5.75% remained at US$1.7425, with 3,996 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rally for JSE USD market
August 25, 2022 by