Trading on Monday ended after trading 64.4 percent fewer shares than on Friday on the US dollar market of the Jamaica Stock Exchange, resulting in an even number of stocks rising and falling.
Compared to five on Friday, trading ended with five securities changing hands, with two stocks rising, two declining and one ending unchanged.
The JSE US Denominated Equities Index rose 0.71 points to end at 185.33. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 210,327 shares traded, for US$23,249 compared to 590,911 units at US$25,111 on Friday. Trading averaged 42,065 units at US$4,650, from 118,182 shares at US$5,022 on Friday. Trading averages 256,299 units for the month to date at US$12,367 in contrast to 270,774 units at US$12,888 on Friday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital fell 0.46 of a cent to 7.5 US cents, with the trading of 223 shares, Proven Investments lost 0.02 of one cent to close at 23.98 US cents in an exchange of 90,484 units, Sterling Investments rose 0.09 of a cent to 2.14 US cents after exchanging 16,250 stock units. Sygnus Credit Investments remained unchanged at 12.02 US cents after 3,370 stocks were traded and Transjamaican Highway climbed 0.05 of a cent in closing at 0.8 US cents with an exchange of 100,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on the JSE USD market
August 23, 2021 by