Trading picked up further on the JSE US$ Market on Monday after the number of active securities rose and leading to a 35 percent rise in the volume of stocks changing hands with a value JSE US$ Market that was 700 percent higher than on Friday.
Market activity resulted in six securities changing hands, similar to that on Friday. The market closed with the prices of four stocks rising, one declining and one remained unchanged. Trading ended with 1,287,024, shares with a value of US$713,238 changing hands, in contrast to 955,873 shares with a value of US$89,015 from the trading of six securities on Friday.
At the close, the market advanced 5.08 points to 195.88. The PE ratio of the market closed with an average of 13.6 times 2020 earnings.
At the close of market activity, First Rock Capital gained 1 cent trading 677,100 shares and closed at 11 US cents, Proven Investments gained 2.9 cents to close at 25.9 US cents, after transferring 85,697 shares. Sygnus Investments rose one-tenth of a cent to settle at 15.99 US cents, after swapping one stock unit and Trans Jamaican Highway ended at 0.99 US cents, exchanging 106,981 shares.
In the preference segment, JMMB Group 5.75% preference share gained 1 cent and ended at $2.01, with 200,000 units changing hands and JMMB Group 6% lost 1 cent to close at 99 US cents trading 217,245 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity resulted in six securities changing hands, up from three on Thursday. The market closed with the prices of three stocks advancing and none declining. Trading ended with 955,873 shares for US$89,015 changing hands, in contrast to 154,355 shares for US$13,028 from the trading five securities on Thursday.
Market activity resulted in three securities changing hands, down from five on Wednesday. The market closed with the prices of two stocks advancing and one remained unchanged. Trading ended with 154,355 shares for US$13,028 changing hands, in contrast to 359,890 shares at US$61,624 from the trading of five securities on Wednesday.
Market activity resulted in five securities changing hands, compared to three on Tuesday. The market closed with the prices of one stock advancing, two declining and one remaining unchanged. Trading ended with 359,890 shares with a value of US$61,624 changing hands, in contrast to 649,264 shares with a value of US$121,654 from the trading of four securities on Tuesday.
Market activity resulted in only three securities changing hands, with the prices of all three declining. Trading ended with 649,264 shares with a value of US$121,654 changing hands, in contrast to 663,563 units for US$69,954 from trading of four securities on Monday.
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.
Trans Jamaica Highway commenced trading in the US dollar market having been listed at the start of trading and dominated market activity 86 percent of the day’s volume.