Trading picked up on Friday accounted for 143 percent more shares changing hands than on Thursday with 174 percent increased value. Still, the market declined moderately at the close of the US dollar market of the Jamaica Stock Exchange as there were no rising stocks on the day.
Trading ended with five securities changing hands, similar to Thursday and ended with no stock rising, two declining and three remaining unchanged.
JSE USD Equity Index dipped .30 points to end at 198.84. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 650,440 shares for US$124,859, up from 268,082 units at US$45,538 on Thursday.
Trading averaged 130,088 units at US$24,972, up from 53,616 shares at US$9,108 on Thursday. Trading averaged 72,282 units for the month to date at US$14,671 in contrast to 58,519 units at US$12,218 on Thursday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital ended at 8.5 US cents trading 55,025 shares, Proven Investments dropped 3 cents to 24 US cents after trading>478,239 stocks, Sygnus Credit Investments closed at 12 US cents with 16,880 stock units changing hands. Sygnus Credit Investments closed at 14.2 US cents in trading 196 units and Transjamaican Highway declined 0.1 of a cent to 0.83 of a US cent with the swapping of 100,100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD market
Stocks inched higher on JSE USD market
Stocks mostly rose at the close of trading on Thursday, with the market inching higher after trading 47 percent shares than on Wednesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.
Trading ended with five securities changing hands for a second consecutive day, ending with three rising, two declining and none ended unchanged.
JSE USD Equity Index slipped 0.25 points to end at 199.14. The average PE Ratio ends at 14.1 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 268,082 shares amounting to US$45,538, down from 507,955 units at US$159,801 on Wednesday.
Trading averaged 53,616 units at US$9,108, in contrast to 101,591 shares at US$31,960 on Wednesday. Trading averaged 58,519 units for the month to date at US$12,218 in contrast to 60,051 units at US$13,190 on Wednesday. By comparison, February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital declined 0.4 cents to 8.5 US cents in exchanging 80,552 shares, Proven Investments rose 3 cents to 27 US cents after 158,458 stocks cleared the market. Sterling Investments advanced 0.27 of a cent to 2.38 US cents after 26,312 units crossed the exchange and Sygnus Credit Investments gained 0.28 of a cent to close at 14.2 US cents trading 2,705 stock units.
In the preference segment, JMMB Group 6% dropped 8 US cents to end at US$1.02, with switching ownership of 55 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up for US$ traded stocks
Trading activity picked up on Wednesday, with a jump of 282 percent in the value of traded stocks after a 23 percent increase in the number of shares changing hands over Tuesday at the close of the Jamaica Stock Exchange US dollar market.
At the close, five securities changed hands, compared to six on Tuesday, with prices of two rising, one declining and two remaining unchanged.
The JSE USD Equity Index gained 3.38 points to end at 199.39, to be up 7 percent for the year to date. The PE Ratio averages 13.8 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 507,955 shares for US$159,801, up from 414,346 units at US$41,873 on Tuesday.
Trading averaged 101,591 units at US$31,960, in contrast to 69,058 shares at US$6,979 on Tuesday. Month to date trading averaged 60,051 units at US$13,190, in contrast to 41,169 units at US$4,658 on the prior trading day. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and one with a lower offer.
At the close, First Rock Capital ended at 8.90 US cents trading 7,103 shares, Productive Business Solutions rose 9.15 cents to a 52 weeks’ high of US$1, with the swapping of 145,306 stocks, Proven Investments closed at 24 US cents in exchanging 37,603 units. Sygnus Credit Investments fell 0.96 cents to close at 13.92 US cents trading 15,779 stock units and Transjamaican Highway gained 0.03 of a cent to end at 0.93 of a US cent, after an exchange of 302,164 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD market slips for a second day
The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market declining after trading 976 percent more shares than on Monday, resulting in more stocks falling than rising but with values climbing 347 percent.
Investors traded six securities, compared to five on Monday and closed with the prices of one rising, two declining and three ending unchanged. The JSE USD Equity Index shed 3.08 points to end at 196.01.
The PE Ratio averages 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 414,346 shares, for US$41,873 compared to 38,508 units at US$9,365 on Monday.
Trading averaged 69,058 units at US$6,979, in contrast to 7,702 shares at US$1,873 on Monday. Trading month to date averaged 41,169 units at US$4,658. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of the market, First Rock Capital closed at 8.9 US cents trading 4,000 shares, Proven Investments lost 0.56 of a cent in closing at 24 US cents, with 124,040 stock units changing hands, Sterling Investments carved out a gain of 0.01 of a cent to end at 2.11 US cents in trading 26,733 stocks. Sygnus Credit Investments ended at 14.88 US cents in exchanging 65,516 units and Transjamaican Highway dropped 0.03 of a cent in closing at 0.9 US cents, exchanging 194,032 stock units.
In the preference segment, JMMB Group 5.75% settled at US$2.03, trading 25 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.