Trading on the USD market closed on Thursday, with the volume of shares changing hands declining as investors exchanged 71 percent fewer shares at 39 percent lower value than on Wednesday and ending with the majority of shares remaining unchanged.
Trading ended with six securities changing hands, compared to eight on Wednesday with no stocks rising, one declining and five ending unchanged. The US Denominated Equities Index fell 0.55 points to end at 184.54.
The PE Ratio, a measure used in computing appropriate stock values, averages 11.5 on Thursday based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 262,786 shares traded for US$46,386, down from 901,226 units at US$72,066 on Wednesday.
Trading averaged 43,798 units for US$7,731 compared to 112,653 shares at US$9,008 on Wednesday and the month to date an average of 91,744 at US$10,023 versus 95,210 units at US$10,189 on Wednesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows no stock ending with a higher bid than its last selling price and one with a lower offer.
At the close, First Rock Capital ended at 7.01 US cents with 50,000 shares traded, Margaritaville settled at 9 US cents with 94,850 units changing hands, Proven Investments dropped 0.8 of a cent to end at 23 US cents with a transfer of 87,008 stock units and Sygnus Credit Investments USD share closed at 12.9 US cents with 21,849 stocks crossing the exchange.
In the preference segment, JMMB Group 5.75% settled at US$2.02 with 2,225 stock units traded and JMMB Group 6% closed at US$1.01 with 6,854 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
