Trading remains subdued on Tuesday, with the market slipping after trading 11.4 percent fewer shares but with value climbing 78 percent above Monday, on the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Similar to Monday, six stocks traded on Tuesday, with prices of one rising, two declining and three remaining unchanged.
The JSE USD Equity Index lost 3.24 points to end at 206.93. The average PE Ratio ends at 12.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 496,207 shares traded at US$88,288 compared to 560,069 units at US$49,503 on Monday.
Trading averaged 82,701 units at US$14,715, in contrast to 93,345 shares at US$8,251 on Monday. Trading averaged 70,946 units for the month to date at US$6,156 compared to 69,878 units at US$5,378 on the prior trading day. March ended with an average of68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital closed at 8.9 US cents trading 6,590 shares, Proven Investments shed 1.49 cents to close at 24.5 US cents after 271,008 stocks crossed the market, Sterling Investments fell 0.04 of a cent to 2.01 US cents in trading 45,540 stock units. Sygnus Credit Investments gained 0.17 of a cent to close at 15 US cents trading 60,047 shares and Transjamaican Highway closed at 0.9 of a US cent in 108,080 shares crossing the market.
In the preference segment, JMMB Group 5.75% exchanged 4,942 stock units at US$2.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE USD market
April 20, 2021 by
