Volume picked up sharply in trading on the Jamaica Stock exchange US dollar market on Wednesday well up on the paltry levels on the previous two days when less than 30,000 shares changed hands.
Market activity resulted in seven securities changing hands, with one stock rising, four declining and two left unchanged. Investors exchanged 990,048 units valued at $72,533, in contrast to just 314,331 shares valued US$4,048 on Tuesday.
At the close, the market index gained 1.40 points to close at 188.97 and the PE ratio of the market ended with an average of 12.6 times 2020 earnings.
First Rock Capital lost 1 cent trading 8,301 units at 8 US cents, Margaritaville lost 2 US cents after exchanging 2,349 shares at 18 US cents, Proven Investments ended trading 270,393 shares at 24 US cents. Sygnus Credit Investments Investments lost 1.2 cents to close at 12.8 US cents in transferring 100 units and Trans Jamaican Highway ended with a loss of 0.3 of a cent at 0.91 US cents in exchanging 708,835 shares.
In the US dollar preference segment of the market Eppley 5% rose by 2 cents trading 30 units to close at US$1 cents, JMMB Group 6% share traded 40 units at US$1.10.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity resulted in three securities changing hands, with one stock rising, one declining and one left unchanged. Investors exchanged 314,331 shares with a value of US$4,048, in contrast to just 18,205 units for US$623 on Monday. Proven Investments, one of the most popular and liquid stock in the market, has not traded for a second consecutive trading day.
Market activity resulted in five securities changing hands, with one stock rising, two declining and two remaining unchanged. At the close, the market index lost 3.50 points to 190.18 and the average PE ratio ended at 13.1 times 2020 earnings.
At the close, the market lost 9.36 points to 193.68. The PE ratio of the market closed with an average of 13.4 times 2020 earnings.
At the close, the market advanced by 12.88 points to 203.04. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
Market activity resulted in six securities changing hands, with one stock rising, two declining and three left unchanged. The volume of shares traded was 1,959,096 units with a value of US$382,572, in contrast to 3,324,487 units for US$323,180 on Tuesday.
Market activity resulted in five securities changing hands, with the price of one stock rising, two declining and two remaining unchanged. The volume of shares traded was 1,538,242 units value at US$67,633, in contrast to 464,489 units for US$15,549 on Friday. At the close, the market declined by 2.29 points to 199.48 and the PE ratio of the market closed with an average of 13.5 times 2020 earnings.
Market activity resulted in four securities changing hands, with the price of one stock rising, two stocks declining and one remaining unchanged at the close. Trading accounted for just 464,489 units with a value of US$15,549, in contrast to 6,934,785 units for US$80,338 on Thursday.
Trading activity resulted in five securities changing hands, with one rising, one stock declining and three remaining unchanged, leading to the volume of 6,934,785 units changing hands with a value of US$80,338, in contrast to 648,937 units for US$25,614 on Wednesday.