Trading the Jamaica Stock Exchange US dollar market sank sharply on Thursday, with the volume of shares changing hands declining 76 percent with 31 percent lower value than on Wednesday, resulting in rising stocks edging ended the day with the advantage.
Seven securities traded up from five on Wednesday with three rising, one declining and three ending unchanged. JSE US Denominated Equities Index lost 1.41 points to end at 202.58.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.8. The computation of the PE ratios uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 165,073 shares traded for US$6,369 down from 683,860 units at US$9,230 on Wednesday. Trading averaged 23,582 units at US$910, compared to 136,772 shares at US$1,846 on the prior trading day and month to date averages 69,113 shares at US$4,373 versus 73,420 units at US$4,701 on Wednesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share increased 0.43 of a cent to close at 6.93 US cents after trading 1,000 shares, Margaritaville popped 3.45 cents to 14.95 US cents, with 5,398 stocks changing hands, Proven Investments rallied 0.4 of one cent to 23.9 US cents in an exchange of 5,401 units. Sterling Investments finished at 2.1 US cents with an exchange of 5,645 stock units, Sygnus Credit Investments USD share ended unchanged at 12 US cents after exchanging 26,829 stocks, Sygnus Real Estate Finance USD share dropped 2 cents to close at 12 US cents in trading 400 shares and Transjamaican Highway remained at 0.83 of one US cent with the swapping of 120,400 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading activity and JSEUSD market slips
January 20, 2022 by
