Trading fell on the Jamaica Stock Exchange US dollar market on Friday, with a 90 percent fall in the volume of stocks changing hands with the value down 48 percent lower than on Thursday, resulting in only three securities trading compared to six on Thursday with two rising, no declining and one ending unchanged.
Overall, 75,479 shares were traded for US$10,720 compared with 768,092 units at US$20,748 on Thursday.
Trading averaged 25,160 units at US$3,573 versus 128,015 shares at US$3,458 on Thursday, with a month to date average of 46,970 shares at US$2,461 compared with 48,253 units at US$2,396 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index advanced 1.00 points to end at 232.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed to include the last traded stock price and earnings per share projected ICInsider.com for companies with financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments climbed 0.47 of a cent in closing at 19 US cents after 38,351 shares were traded, Sygnus Credit Investments USD share gained 0.01 of a cent to close at 9.52 US cents with 20,400 stocks changing hands and Sygnus Real Estate Finance USD share remained at 8.5 US cents after investors traded 16,728 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on JSE USD Market
February 10, 2023 by