Trading ended on Friday with the USD market on the Jamaica Stock Exchange rising moderately as investors swapped marginally more shares at substantially less value than on Thursday.
Trading ended with four securities changing hands, compared to six on Thursday, with the prices of three rising, none declining and one remaining unchanged.
The JSE USD Equity Index rising 0.87 points to 195.46. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 176,171 shares traded for US$2,551 compared to 165,898 units at US$10,920 on Thursday.
Trading averaged 44,043 units at US$638, versus 27,650 shares at US$1,820 on Thursday. Trading month to date averages 76,923 units at US$4,078 down from 78,048 units at US$4,206 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital advanced 0.88 of a cent to 8.88 US cents with an exchange of 11 shares, Margaritaville remained at 9 US cents with 12,900 stocks traded, Sterling Investments rose 0.1 of a cent to 2.1 US cents with 100 units changing hands and Transjamaican Highway gained 0.01 of a cent to end at 0.86 of a US cent with 163,160 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
