Trading climbs on JSE USD market

Stocks prices rose marginally after an exchange of 184 percent more shares traded on Thursday than on Wednesday, at the close of the US dollar market of the Jamaica Stock Exchange.  
Five securities traded, up from three on Wednesday with two rising, none falling and three closing unchanged, leaving the JSE USD Equity Index gaining 0.30 points to 195.17.
The PE Ratio averages 13.6 based on’s forecast of 2020-21 earnings.
Investors exchanged 305,332 shares for US$28,042, up from 107,489 units at US$24,329 on Wednesday.
Trading averaged 61,066 units at US$5,608, versus 35,830 shares at US$8,110 on Wednesday. Month to date trading averaged 70,676 units at US$9,645, versus 71,187 units at US$9,859 on the prior trading day. January averaged 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Capital rose 0.1 of a cent to 9 US cents, with an exchange of 300,000 shares, Proven Investments ended at 25 US cents, with 1,947 stock units crossing the market, Sygnus Credit Investments closed at 14.02 US cents trading 843 stock units and Transjamaican Highway ended at 0.95 of a US cent transferring 2,121 shares.
In the preference segment, JMMB Group 6% gained 10 cents to close at US$1.10 with the swapping of 421 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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