Trading on the Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded declining 77 percent after the value dropped 87 percent lower than on Wednesday and resulting in seven securities trading, compared to 10 on the previous day, with one rising, three declining and three ending unchanged.
The JSE US Denominated Equities Index shed 0.22 points to end at 210.19. The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
A total of137,282 shares traded for US$12,922 versus 585,815 units at US$99,060 on Wednesday. Trading averaged 19,612 units at US$1,846, compared to 58,582 shares at US$9,906 on Wednesday, with a month to date average of 49,348 shares at US$3,648 versus 50,649 units at US$3,727 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share lost 0.59 of a cent to end at 7.35 US cents with an exchange of 1,344 shares, Margaritaville remained at 15 US cents with six units changing hands, Proven Investments finished at 26 US cents, with 23,185 stock units crossing the market. Sygnus Credit Investments USD share declined 0.33 cents to 12.55 US cents in switching ownership of 13,921 stocks and Transjamaican Highway fell 0.02 of a cent to close at 0.98 of one US cent, with 96,811 shares crossing the market.
In the preference segment, JMMB Group 5.75% climbed 29 cents in closing at US$2.32 with an exchange of 1,469 stock units and JMMB Group 6% ended unchanged at US$1.10, with 546 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD market
May 26, 2022 by
