Trading on the US Dollar market of the Jamaica Stock Exchange ended on Tuesday with the market declining as investors traded 58 percent fewer shares than on Monday, with a 92 percent fall in value and ended with slightly more stocks falling than rising.
At the close, six securities changed hands, similar to Monday, two gained, three declined and one finished unchanged.
The JSE USD Equity Index lost 1.21 points to finish at 199.25. The PE Ratio, a measure that determines an appropriate relative value of each stock averages 12.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 484,422 shares traded at US$6,746 compared to 1,161,401 units at US$79,940 on Monday.
Trading averaged 80,737 units at US$1,124, in contrast to 193,567 shares at US$13,323 on Monday. Month to date trading averages 121,287 units at US$4,631 in contrast to 128,890 units at US$5,289 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, First Rock Capital slipped 0.35 of a cent to finish at 8.65 US cents with an exchange of 4,000 shares, Margaritaville advanced 1 cent to 10 US cents with 9,962 stock units changing hands, MPC Caribbean Clean Energy climbed 22 cents to US$1.15 with investors switching ownership of 310 units. Sygnus Credit Investments finished at 15.01 US cents with a transfer of 2,000 shares and Transjamaican Highway lost 0.06 of a cent to settle at 0.86 US cents with 467,450 units crossing the exchange.
In the preference segment, JMMB Group 6% shed 7 cents to close at US$1.03 with 700 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.