Trading on the JSE USD market returned to more recent sedate levels after finishing with sharply lower volumes and value of stocks changing hands on Wednesday and ending with declining stocks just edging out those rising.
Trading ended with eight securities changing hands, compared to seven on Tuesday with prices of three stocks rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index dropped 4.41 points to finish at 182.38. The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 315,126 shares traded for US$28,881 compared to the huge total of 64,942,767 units at US$15,026,017 on Tuesday. Trading averaged 39,391 units at US$3,610, up from 9,277,538 shares at US$2,146,574 on Tuesday and the month to date averages 904,284 at US$140,038 versus 967,762 units at US$150,051 on Tuesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital fell half a cent to 6.5 US cents, with 116 shares changing hands,
Margaritaville rose 1.4 cents to finish at 10.4 US cents with investors switching ownership of 234 stocks, Proven Investments dropped 0.15 of a cent to end at 23 US cents with an exchange of 103,455 stock units. Sterling Investments declined by 0.09 of a cent to close at a 52 weeks’ low of 2 US cents with 189 units passing through the market, Sygnus Credit Investments USD share gained 1.24 cents to settle at 13 US cents with a transfer of 500 shares and Transjamaican Highway remained at 0.97 US cents with 207,933 stocks crossing the exchange.
In the preference segment, Equityline Mortgage Investment preference share lost 9.9 cents to end at US$1.90 with one unit traded and JMMB Group 6% rallied 3 cents to US$1.04 with 2,698 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seven securities traded, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
At the close, First Rock Capital fell 0.01 of a cent to t 7 US cents with an exchange of 275,265 shares, Margaritaville remained at 9 US cents with the transfer of 21,432 stocks, Proven Investments advanced 0.2 of a cent to 23.2 US cents with 95,980 units traded. Sterling Investments popped 0.14 of a cent to 2.14 US cents with 2,295 stock units passing through the market, Sygnus Credit Investments USD share ended at 12.9 US cents with investors switching ownership of 15,000 stocks and Transjamaican Highway dropped 0.07 of a cent to close at 0.82 US cents with 203,700 units crossing the exchange.
Overall, 901,226 shares changed hands for US$72,066 up from 110,662 units at US$11,208 on Tuesday.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling prices and one with a lower offer.
Similar to Thursday, trading on Friday ended with five securities changing hands, with the prices of one rising, one declining and three remaining unchanged.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
First Rock Capital traded over 4.7 million stock units on the JSE USD market on Thursday, driving the volume of shares changing hands up by 6,728 percent, while the value surging 2925 percent above Wednesday’s levels and had a hand in rising stocks just outnumbering falling ones.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
August ended with an average of 210,413 units for US$12,959.
Trading ended with eight securities changing hands, compared to three on Friday, with prices of three stocks rising, two declining and three remained unchanged.
Proven Investments popped 0.22 of a cent to 23.7 US cents with a transfer of 541 stock units. Sterling Investments settled at 2 US cents with 9,962 stocks traded, Sygnus Credit Investments USD stock finished at 12.5 US cents with investors swapping 9,536 shares and Transjamaican Highway popped 0.12 of a cent to 0.93 US cents with 5 units crossing the exchange.
Trading ended on Friday, with the volume of shares changing hands surging 3,669 percent over Thursday’s level at the close of the US dollar market of the Jamaica Stock Exchange, with declining stocks edging out rising ones.
At the close, Productive Business Solutions remained at 77 US cents with an exchange of 414 shares, Proven Investments fell 0.05 of a cent to 23 US cents with 298,906 units changing hands, Sterling Investments rose 0.38 of a cent to 2.12 US cents trading 12,094 stocks. Sygnus Credit Investments USD share settled at 13 US cents, with a transfer of 150 units and Transjamaican Highway lost 0.03 of a cent to close at 0.85 US cents, with 22,504 shares crossing the exchange.
At the close, First Rock Capital remained at 7.5 US cents, with 1,053 shares crossing the exchange, Productive Business Solutions traded 10 stock units at 77 US cents, Proven Investments dropped 0.84 of a cent in ending at 23.05 US cents after exchanging 6,746 stock units. Sterling Investments fell 0.4 of a cent to 1.74 US cents, with 500 units clearing the market, Sygnus Credit Investments J$ share climbed 0.7 of a cent to 12.6 US cents, with 105 units being swapped, Sygnus Credit Investments US$ stock remained at 13 US cents, with 400 stock units changing hands and Transjamaican Highway advanced 0.02 of a cent to close at 0.88 US cents with an exchange of 50 stocks.
Trading ended with the market declining further on Tuesday, with an exchange of 45 percent fewer shares than on Monday at 18 percent less the value, with three securities changing hands, compared to five on Monday with prices of two stocks rising and one declining.
Trading month to date averages 248,332 units at US$12,147 in contrast to 256,299 units at US$12,367 on Monday. July ended with an average of 178,541 units for US$18,099.