Trading picked up further on the JSE US$ Market on Monday after the number of active securities rose and leading to a 35 percent rise in the volume of stocks changing hands with a value JSE US$ Market that was 700 percent higher than on Friday.
Market activity resulted in six securities changing hands, similar to that on Friday. The market closed with the prices of four stocks rising, one declining and one remained unchanged. Trading ended with 1,287,024, shares with a value of US$713,238 changing hands, in contrast to 955,873 shares with a value of US$89,015 from the trading of six securities on Friday.
At the close, the market advanced 5.08 points to 195.88. The PE ratio of the market closed with an average of 13.6 times 2020 earnings.
At the close of market activity, First Rock Capital gained 1 cent trading 677,100 shares and closed at 11 US cents, Proven Investments gained 2.9 cents to close at 25.9 US cents, after transferring 85,697 shares. Sygnus Investments rose one-tenth of a cent to settle at 15.99 US cents, after swapping one stock unit and Trans Jamaican Highway ended at 0.99 US cents, exchanging 106,981 shares.
In the preference segment, JMMB Group 5.75% preference share gained 1 cent and ended at $2.01, with 200,000 units changing hands and JMMB Group 6% lost 1 cent to close at 99 US cents trading 217,245 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.