Trading on the Jamaica Stock Exchange US dollar market ended Monday, with the volume of stocks changing hands declining 86 percent and the value 95 percent lower than on Friday, resulting in trading of just three securities, compared to five on Friday with one rising, one declining and one ending unchanged.
Overall, 173,563 shares were traded for US$11,282 compared with 1,282,434 units at US$220,084 on Friday.
Trading averaged 57,854 shares at US$3,761 down from 256,487 shares at US$44,017 on Friday, with a month to date average of 255,786 shares at US$9,118 compared to 263,810 units at US$9,335 on the previous trading day. March ended with an average of 172,829 units for US$12,793.
The US Denominated Equities Index shed 3.17 points to close at 240.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Productive Business Solutions ended at US$1.8999, with 77 shares crossing the market, Proven Investments increased 1.4 cents to end at 17.6 US cents with an exchange of 58,056 units and Transjamaican Highway fell 0.15 of a cent in closing at 1.14 US cents, with 115,430 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD Market
April 24, 2023 by
