The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market slipping after investors traded 33 percent more shares than on Monday, resulting in an even number of stocks rising and falling.
At the close of the market, trading ended with five securities changing hands compared to six on Monday and closed with the prices of two stocks rising, two declining and one remaining unchanged.
The JSE USD Equities Index declined by 2.65 points to settle at 185.13, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 232,191 shares, accounting for US$4,209 compared to 175,169 units at US$65,991 on Monday.
The average trade for the day amounted to 46,438 units changing hands for just an average of US$842, in contrast to an average of 29,195 shares at US$10,998 on Monday. Trading ended, with an average of 74,209 units for the month to date at US$4,482 in contrast to 76,036 units at US$4,722. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment closed at 8.5 US cents, with 1,900 stocks crossing the market, Proven Investments shed 1.2 US cents in closing at 23.55 US cents, with 962 units crossing the market. Sterling Investments lost one-tenth of a cent to close at 2.14 US cents trading 500 units. Sygnus Credit Investments increased by half of a cent in ending at 13.5 US cents, with an exchange of 13,265 units and Transjamaican Highway gained 0.02 of a cent in finishing at 0.092 of a US cent in exchanging 215,564 stocks units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, trading ended with six securities changing hands compared to four on Friday and ended with the prices of one stock rising, four declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.45 of a cent to close at 8.5 US cents in trading 750 units, Productive Business Solutions remained at 70 US cents finishing, with 30 shares changing hands. Proven Investments lost one-tenth of a cent and settled at 24.75 US cents, with investors swapping ownership of 2,612 shares. Sygnus Credit Investments dropped 1 US cent in closing at 13 US cents and clearing the market with 135,477 shares and Transjamaican Highway gained six-tenths of a cent and settled at 0.09 of a US cent in an exchange of 3,000 stocks.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, trading ended with seven securities changing hands compared to five on Wednesday and ended with the prices of two stocks rising, two declining and three remaining unchanged.
At the close of the market, First Rock Capital Investment lost four-tenths of a cent to close at 8.5 US cents in clearing the market, with 297 stocks, Proven Investments gained 1.3 US cents to end at 24.85 US cents, with 106 stocks changing hands, Sterling Investments ended at 2 US cents and clearing the market with 10,000 stocks. Sygnus Credit Investments ended at 14.99 US cents from 15 US cents, with 7,000 shares changing hands and Transjamaican Highway gained 0.13 of a cent to at 0.97 US cent, with investors swapping 344,744 stocks.
At the close of the market, trading ended with five securities changing hands compared to two on Tuesday and ended with the prices of one stock rising, two declining and three remaining unchanged.
Sterling Investments carved out a loss half a US cent in closing at 2.2 US cents in an exchange of 59,500 units. Sygnus Credit Investments remained at 15 US cents, with 350 stocks changing hands and Transjamaican Highway slipped from 0.85 cent to 0.84 of a US cent in exchanging 250,000 stocks.
Trading activities plunged at the close, with an exchange of 34,727 shares, accounting for US$7,273 compared to 1,684,769 units at US$20,156 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, the prices of one stock rose and two declined. The average PE Ratio of the market ended at 13.3 based on IC Insider.com’s forecast of 2020-21 earnings.
At the close of the market, trading ended with four securities changing hands compared to seven on Wednesday and ended with the prices of no stocks rising, two declining and two remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, trading ended with seven securities changing hands compared to six on Tuesday and ended with the prices of two stocks rising, two declining and three remaining unchanged.
At the close of the market, First Rock Capital Investment settled at 9 US cents, in exchanging 37,051 stock units, Margaritaville closed at 14 US cents, with 97 shares changing hands. Proven Investments ended at 24.5 US cents in an exchange of 11,414 stock units, Sterling Investments lost two-tenths of a cent to end at 2.69 US cents and trading 1,006 units. Sygnus Credit Investments climbed 1.5 US cents to close at a 52 weeks’ high of 16.7 US cents with investors switching ownership of 1,061 stocks and Transjamaican Highway slipped from 0.09 cent and closed at 0.093 US of a cent in trading 25,782 stock units.
At the close of the market, trading ended with six securities changing hands compared to five on Monday and ended with the prices of one stock rising, three declining and two remaining unchanged.
Proven Investments lost three-tenths of a cent to close at 24.5 US cents, with 2,425 units crossing the market Sterling Investments increased six-tenths of a US cent to close at 2.85 US cents trading 5,500 units. Sygnus Credit Investments dropped by 1.8 US cents to settle at 15.2 US cents in an exchange of 229 units and Transjamaican Highway closed at 0.95 of a US cent while exchanging 4,000 stock units.