Trading picked up on Friday accounted for 143 percent more shares changing hands than on Thursday with 174 percent increased value. Still, the market declined moderately at the close of the US dollar market of the Jamaica Stock Exchange as there were no rising stocks on the day.
Trading ended with five securities changing hands, similar to Thursday and ended with no stock rising, two declining and three remaining unchanged.
JSE USD Equity Index dipped .30 points to end at 198.84. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 650,440 shares for US$124,859, up from 268,082 units at US$45,538 on Thursday.
Trading averaged 130,088 units at US$24,972, up from 53,616 shares at US$9,108 on Thursday. Trading averaged 72,282 units for the month to date at US$14,671 in contrast to 58,519 units at US$12,218 on Thursday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital ended at 8.5 US cents trading 55,025 shares, Proven Investments dropped 3 cents to 24 US cents after trading>478,239 stocks, Sygnus Credit Investments closed at 12 US cents with 16,880 stock units changing hands. Sygnus Credit Investments closed at 14.2 US cents in trading 196 units and Transjamaican Highway declined 0.1 of a cent to 0.83 of a US cent with the swapping of 100,100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD market
March 5, 2021 by
