Transjamaica Highway dominated trading on the Jamaica Stock Exchange US dollar market, resulting in an exchange of 1,394,242 shares for US$56,795 compared to 213,597 shares with US$24,417 on Thursday.
The day’s activities saw three securities changing hands, with the prices of two stocks rising and one declining. The market index climbed 4.21 points to 187.84 at the close and the average PE ratio of the market ended the day at 13.4 based on IC Insider.com’s 2020-21 earnings forecast.
The average trade of the day was 464,747 units at $18,932, in contrast to an average of 42,719 units at $4,883 on Thursday. The average volume and value for the month to date amounts to 243,336 units valued at $50,949 in contrast 237,754 units at an average of $52,196.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Proven Investments jumped 2.5 cents to end at 25.5 US cents, after 184,106 stock units traded and Transjamaica Highway rose one-tenth of a cent in trading,1,208,836 shares to end at 0.99 US cents.
In the US dollar preference segment, JMMB Group 6% dropped by one-tenth of a cent to end at 0.9901US cents with an exchange of 1,300 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The day’s activities resulted in five securities changing hands, with the prices of three rising, one declining and one closing unchanged, resulting in the market index dropping 1.22 points too close at 183.63. The average PE ratio of the market at 13.1 based on IC Insider.com’s 2020 earnings forecast.
The market closed with the prices of two stocks declining, none advancing and two stocks closing unchanged. Trading pushed investors to exchange 330,908 units at $20,184, in contrast to just 16,076,419 552,258 shares at US$1,552,647 on Tuesday.
The volume of stocks trading on the Jamaica Stock Exchange US dollar market jumped on Friday as investors exchanged just over 2 million units as market activity resulted in three securities changing hands, up from two Thursday as more than 2 million units of
The market closed with the prices of one stock advancing and one closing unchanged. Trading ended with 235,284 shares with a value of US$9,471 changing hands, in contrast to 102,201 shares with an amount of US$28,100 from five securities on Wednesday.
