More stocks declined on Monday in the US dollar market of the Jamaica Stock Exchange than traded on Friday and leading the market index to decline after trading nearly nine times the number of shares traded on Friday.
Five securities changed hands on Monday compared to two on Friday and closed with the prices of one stock rising, three falling and one remained unchanged.
The JSE USD Equities Index dropped 9.86 points to 182.84. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors tradeded 390,138 shares for US$11,832 compared to 43,973 units at US$9,230 on Friday.
The average trade ended at 78,028 units for US$2,366, versus 21,987 shares at US$4,615 on Friday. An average of 50,782 units at US$5,218 traded for the month to date compared to 48,653 units at US$5,441 to Friday. October trading averaged 697,808 units at US$17,320.
The Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment remained at 8.6 US cents after exchanging 1,743 shares, Productive Business Solutions lost 9 US cents to close at 66 US cents, with 609 stock units trading, Proven Investments rose 2.76 US cents to 25.98 US cents after the trading of 31,318 units. Sygnus Credit Investments lost 1.83 US cents to settle at 14.16 US cents while exchanging 6,472 shares and Transjamaican Highway lost 0.04 of a cent and settled at 0.85 of a US cent after exchanging 349,996 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, trading ended with four securities changing hands compared to three on Thursday and ended with the prices of two stocks rising and two declining. The JSE USD Equities Index dropped 1.65 points to settle at 186.85, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, trading ended with three securities changing hands compared to three on Wednesday and ended with the prices of two stocks rising, none declining and one remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, trading ended with six securities changing hands compared to four on Friday and ended with the prices of one stock rising, four declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.45 of a cent to close at 8.5 US cents in trading 750 units, Productive Business Solutions remained at 70 US cents finishing, with 30 shares changing hands. Proven Investments lost one-tenth of a cent and settled at 24.75 US cents, with investors swapping ownership of 2,612 shares. Sygnus Credit Investments dropped 1 US cent in closing at 13 US cents and clearing the market with 135,477 shares and Transjamaican Highway gained six-tenths of a cent and settled at 0.09 of a US cent in an exchange of 3,000 stocks.
The market ended with five securities changing hands, one more than on Wednesday and ended with the price of one stock rising, one declining and three remaining unchanged.
JSE US Dollar market shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with la ower offer.
At the close of the market, the US Equities Index gained 0.51 points to close at 184.86 and the average PE Ratio of the JSE US Dollar Market ended at 12.6 based on IC Insider.com’s forecasted 2020-21 earnings.
At the close, the JSE US Dollar Index advanced by 9.15 points to 188.86. Trading ended with the prices of four stocks rising, one declining and none closing unchanged. The average PE Ratio of the JSE US Dollar Market ended at 13.3 based on IC Insider.com forecasted 2020-21 earnings.
The market closed with six securities changing hands with the prices of one stock rising, two declining and the prices of two closing unchanged. The average PE Ratio of the Market ended at 15.2 based on IC Insider.com’s forecasted 2020-21 earnings.