Trading picked up on Friday and ended with the volume of shares changing hands rising 16 percent and the value climbing 60 percent higher than Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks than declining.
Six securities traded, compared to Thursday’s five, with prices of two rising, one declining and three ending unchanged. The JSE US Denominated Equities Index lost 2.27 points to end at 203.36.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.1. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year ending during the current year up to August 2022.
Overall, 407,025 shares traded for US$58,989, up from 350,075 units at US$36,943 on Thursday. Trading averaged 67,838 units at US$9,832 compared to 70,015 shares at US$7,389 previously and month to date averages 310,559 shares at US$62,894 versus 442,953 units at US$91,837 on Thursday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share remained at 6.6 US cents with an exchange of 4,759 shares, Proven Investments advanced half a cent to end at 23.5 US cents, with 21,225 stocks crossing the market, Sterling Investments traded 1,000 units at 2.09 US cents. Sygnus Real Estate Finance USD share dropped 3 cents in closing at 11 US cents after exchanging 2,531 stock units and Transjamaican Highwayrose 0.03 of a cent to close at 0.9 US cents with 352,510 units changing hands.
In the preference segment, JMMB Group 5.75% ended at US$2.02 while exchanging 25,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
