Trading on the Jamaica Stock Exchange US dollar market remains subdued on Thursday, even as the number of active securities rose over that on Wednesday as the market continues to consolidate.
At the close of market activity, six securities changed hands, down from five on Wednesday. Trading ended with the prices of two stocks rising, one declining and three remaining unchanged. Just 232,148 shares changed hands at US$6,140, in contrast to 253,911 units for US$25,811 on Wednesday.
At the close, the market lost 0.92 points to 189.26 and the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading activity, First Rock Capital gained 1 cent and closed at 9 US cents, with 8,584 units changing hands, Margaritaville traded 700 units at 18 US cents, Proven Investments ended at 22.5 US cents, after picking up half a cent after exchanging 13,792 stock units. Sygnus Credit Investments closed at 13 US cents with 857 units crossing the exchange and Trans Jamaican ended at 0.99 US cents after transferring 208,169 shares.
In the preference segment, JMMB Group 6% shed 6 cents to close at $1 with an exchange of a mere 46 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity resulted in five securities changing hands, with three declining and two remained unchanged. The volume of shares traded was 253,911 units with a value of US$25,811, in contrast to 159,533 units for US$23,544 from three securities changing hands on Monday.
Market activity ended, with the price of one stock rising, one declining and one remaining unchanged. Trading resulted in the exchange of 159,533 units with a value of US$23,544, in contrast to 57,581 units for US$12,255 from seven securities changing hands on Friday.
Market activity ended with prices of two stocks closing up, two falling and three remained unchanged. Investors exchanged 57,581 shares for US$12,255, in contrast to 29,646 units valued at US$6,434, from the trading of just two securities on Thursday.
Market activity ended with just five securities changing hands after three stocks rose, one declined and one remained unchanged. Investors exchanged 272,913 units valued at US$53,621, in contrast to 720,104 units at $113,792 from the trading of seven securities on Tuesday.
Market activity ended with just four securities changing hands, three declined and one remained unchanged. Investors exchanged 720,104 units valued at over $113,792, in contrast to 355,751 units at US$22,821 from the trading of seven securities on Monday.
Friday’s decline brings the year to date loss to 17.4 percent as a number of the stocks pulled back from the highs they were trading at earlier in the year. At the close of trading, the PE ratio of the market ended with an average of 13.0 times 2020 earnings.
Market activity resulted in four securities changing hands, with one declining, leaving three unchanged. Investors traded 851,302 units with a value of US$82,312, in contrast to 80,549 units for US$15,756 on Wednesday.