Trading on Friday ended with the volume of shares changing hands declining by 62 percent and the value down 93 percent from the trades on Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading up from three on Thursday, with four declining and two ending unchanged.
The JSE US Denominated Equities Index slipped 1.34 points to end at 205.51.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8 based on ICInsider.com earnings forecasts for the 2022-3 fiscal year.
A total of 620,900 shares traded for US$10,173, down from 1,651,866 units at US$148,611 on Thursday. Trading averaged 103,483 units at US$1,695, versus 550,622 shares at US$49,537 on Thursday. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and no stock with a lower offer.
At the close, First Rock Capital USD share declined 0.05 of a cent in closing at 7.9 US cents, with 14,103 shares clearing the market,
Margaritaville ended at 16 US cents, with 2,000 stock units crossing the exchange, Proven Investments dropped 2.46 cents to 23.04 US cents after trading 15,349 units. Sygnus Real Estate Finance USD share fell 0.04 of a cent to 15.92 US cents after 500 stocks changed hands and Transjamaican Highway lost 0.01 of a cent to end at 0.93 of one US cent after trading 588,947 units.
In the preference segment, JMMB Group 5.75% remained at US$2.03 after just one stock unit was exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
April 1, 2022 by