Trading ended on Wednesday with the market rising after 75 percent more shares were exchanged, with 67 percent fall in value compared to Tuesday, on the US dollar market of the Jamaica Stock Exchange, resulting in five stocks changing hands, compared to six on Tuesday with prices of two rising, none declining and three remaining unchanged.
The JSE USD Equity Index gained 2.92 points to end at 209.85 to be up 12.6 percent for the year to date.
The average PE Ratio based on ICInsider.com’s forecast for 2021-22 earnings ends at 12.6.
Overall, 867,888 shares traded for US$29,201 compared to 496,207 units at US$88,288 on Tuesday.
Trading averaged 173,578 units at US$5,840, in contrast to 82,701 shares at US$14,715 on Tuesday. Month to date trading averaged 77,611 units at US$6,136 in contrast to 70,946 units at US$6,156 on Tuesday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital gained 0.1 of a cent in closing at 9 US cents trading 139,414 shares, Proven Investments rose 0.1 of a cent to 24.6 US cents in exchanging 26,191 units, Sygnus Credit Investments closed at 15 US cents with 100 shares changing hands and Transjamaican Highway remained at 0.9 of a US cent with 698,683 stocks crossing the exchange.
In the preference segment, JMMB Group 6% ended at US$1.02 with 3,500 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
