Trading on Tuesday ended with the market rising, with 83 percent fewer shares changing hands than on Monday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Trading ended with six securities changing hands, compared to five on Monday with prices of three stocks rising, one declining and two remaining unchanged.
The JSE USD Equity Index gained 2.16 points to end at 213.51. The average PE Ratio ends at 13 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 92,599 shares traded at US$3,604, down from 551,129 units at US$11,730 on Monday.
Trading averaged 15,433 units at US$601, in contrast to 110,226 shares at US$2,346 on Monday. Trading averaged 58,521 units for the month to date. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital rose 0.16 US cents to 8.91 US cents trading 5,383 shares, Margaritaville traded 553 shares at 9 US cents, Proven Investments rose 1.48 cents to 26.99 US cents after 5,519 units were tradedt. Sterling Investments ended at 2 US cents after exchanging 70,000 units, Sygnus Credit Investments lost 0.01 of a cent to end at 14.99 US cents, with 519 units changing hands and Transjamaican Highway increased 0.04 of a cent in ending at 0.94 of a US cents in exchanging 10,625 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
