Trading dropped on the US dollar market on Tuesday and led to an equal number of stock prices rising and falling and leading to the JSE US Dollar Index slipping 0.18 points to 179.71.
Trading ended with five securities changing hands with the prices of two stocks rising, two declining and one closing unchanged. The average PE Ratio of the JSE US Dollar Market ended at 12.8 based on IC Insider.com’s forecasted 2020-21 earnings.
The market closed with an exchange of 60,494 shares, accounting for US$13,212 compared to 176,139 units at $58,052 on Monday.
The average trade for the day ended at 12,099 units at US$2,642 in contrast to an average of 25,163 valued at $8,293 on Monday. The average volume and value for the month to date amounts to 76,698 units valued at US$6,022 in contrast to 92,078 units at US$6,827. The average for June was 281,680 units at US$46,735 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital lost three-tenths of a cent and closed at 9.1 US cents, in transferring 1,000 units, Proven Investments gained 1 cent trading 49,500 stock units to end at 24 US cents, Sygnus Credit Investments shed 1.84 cents to close at 13.11 US cents in exchanging 9,820 stock units.
In the preference segment, Equityline Mortgage Investment traded 155 units at US$1.95 and JMMB Group 6% gained 5 cents to end at US$1.05, with an exchange of 19 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
