Trading on Friday ended with the market rising after trading 78 percent fewer shares than on Thursday, with more stocks declining than rising on the US dollar market of the Jamaica Stock Exchange.
Trading ended with five securities changing hands, compared to four on Thursday with prices of one stock rising, two declining and two remaining unchanged.
The JSE USD Equity Index rose 1.64 points to end at 185.95.
The PE Ratio, a measure that computes an appropriate value of a stock, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Just 267,463 shares traded costing US$9,495 down from 1,203,958 units at US$22,523 on Thursday.
Trading averaged 53,493 units at US$1,899, compared to 300,990 shares at US$5,631 on Thursday. Trading averaged 113,476 units for the month to date at US$9,627 in contrast to 118,832 units at US$10,317 on Thursday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending with a higher bid than their last selling prices and two with lower offers.
At the close, First Rock Capital ended at 8 US cents in switching ownership of 1,850 shares, Margaritaville declined 0.18 of a cent to 9.02 US cents after exchanging 25,260 units, Proven Investments traded 450 stocks at 24 US cents. Sygnus Credit Investments lost 0.01 of a cent to end at 13.99 US cents in switching ownership of 39,903 units and Transjamaican Highway gained 0.05 of a cent ending at 0.75 US cents after exchanging 200,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
