Trading volume jumped 179 percent over Thursday, resulting in more stocks rising than falling on the Jamaica Stock Exchange US dollar market at the close trading on Friday.
Trading ended with five securities changing hands, up from three on Thursday, ending with three stocks rising, one declining and one remaining unchanged.
JSE USD Equity Index added 0.34 points to end at 199.34. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 771,719 shares changing hands, for US$127,516, up from 276,431 units at US$54,975 on Thursday.
Trading averaged 154,344 units at US$25,503, in contrast to 92,144 shares at US$18,325 on Thursday. Trading averaged 111,507 units for the month to date at US$14,858 in contrast to 100,798 units at US$12,197 on the prior trading day. By comparison, January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows two stocks with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital advanced 0.76 of a cent to 8.77 US cents trading 4,962 shares, Productive Business Solutions closed at 79 US cents, with 855 stock units clearing the market. Proven Investments gained 0.98 of a cent in closing at 26.98 US cents with 90,642 shares changing hands, Sygnus Credit Investments gained 0.04 of a cent to close at 15.04 US cents after 662,264 units crossed the exchange and Transjamaican Highway slipped 0.01 of a cent to 0.97 of a US cent in trading 12,996 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.