Trading ended with 143 percent more shares carrying a 70 percent higher value on Friday than Thursday levels on the Jamaica Stock Exchange US dollar market, resulting in the market rising at the close of market activity.
Six securities traded, similar to that on Thursday, with the price of one rising, two declining and three remaining unchanged.
The JSE USD Equity Index gained 1.76 points to end at 211.60. The average PE Ratio ends at 12.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 1,081,879 shares traded at US$80,306 versus 445,605 units at US$47,147 on Thursday.
Trading averaged 180,313 units at US$13,384, up from 74,268 shares at US$7,858 on Thursday. Trading averaged 84,309 units for the month to date at US$6,741 in contrast to 77,369 units at US$6,260 on Thursday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital shed half a cent to close at 8.5 US cents in an exchange of 7,800 units, Margaritaville ended at 9 US cents after exchanging 16,795 stocks, Proven Investments ended at 26 US cents trading 15,991 stock units. Sterling Investments increased 0.43 of a cent to end at 2.44 US cents while exchanging 89 shares, Sygnus Credit Investments ended at 14 US cents after 491,204 shares changed hands and Transjamaican Highway fell 0.05 of a cent in closing at 0.9 US cents trading 550,000 shares.
Prices of traded securities are for the last transaction of the day unless otherwise stated.