Trading on Monday ended with the volume of shares changing hands plunging 98 percent and the value falling 84 percent below Friday’s trades, at the close of the Jamaica Stock Exchange US dollar market.
Trading ended with four securities changing hands, compared to five on Friday and ended with no price gains, two declines and leaving two unchanged. The JSE US Denominated Equities Index rose 5.15 points to start the New Year off with a positive move at 200.59.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratios use ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 23,647 shares traded for US$5,377 compared to 1,437,106 units at US$32,726 on Friday. Trading averaged 5,912 units at US$1,344, compared to 287,421 shares at US$6,545 on Friday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows two stocks ending with a bid higher than their last selling prices and one with a lower offer.
At the close, Proven Investments dropped 0.02 of a cent to end at 22.77 US cents while exchanging 20,654 shares, Sygnus Credit Investments USD share, finished unchanged at 12.9 US cents, with 2,319 stock units changing hands and Sygnus Real Estate Finance USD share ended at 13.9 US cents in switching ownership of 365 stocks.
In the preference segment, JMMB Group 6% shed 7 cents to close at US$1.05 in exchanging 309 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Subdued trading on JSE USD market
January 3, 2022 by
