Trading on Thursday ended with the USD market declining after traded sunk with 51 percent fewer shares than on Wednesday, resulting in rising stocks edging out those that declined.
Six securities changed hands, similar to Wednesday, with prices of two rising, one declining and three closing unchanged.
The JSE USD Equity Index fell 0.59 points to end at 194.59. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 165,898 shares traded for US$10,920 versus 336,261 units at US$10,167 on Wednesday.
Trading averaged 27,650 units at US$1,820, versus 56,044 shares at US$1,694 on Wednesday. Month to date trading averages 78,048 units at US$4,206 in contrast to 81,042 units at US$4,348 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital rose 0.79 of a cent to 8 US cents with an exchange of 8,364 shares, Margaritaville remained at 9 US cents in swapping of 57,398 shares, Proven Investments dropped 0.84 of a cent to 25.01 US cents with 10,663 shares traded. Sterling Investments closed at 2 US cents with a transfer of 25,502 stocks, Sygnus Credit Investments popped 1 cent to 15 US cents, with 8,631 units changing hands and Transjamaican Highway settled at 0.85 of a US cent after 55,340 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.