Trading on Monday ended with the market having a slight bounce, with 183 percent more shares changing hands than on Friday, at the close of the Jamaica Stock Exchange US dollar market.
Six securities traded, similar to trading on Friday, with one rising, two declining and three remaining unchanged.
The JSE USD Equity Index gained 0.91 points to end at 210.17. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings ends, with an average of 12.7.
Overall, 560,069 shares traded at US$49,503 up from 198,146 units at US$28,556 on Friday.
Trading averaged 93,345 units at US$8,251, in contrast to 33,024 shares at US$4,759 on Friday. Trading month to date averaged 69,878 units for at US$5,378 in contrast to 67,531 units at US$5,091 on Friday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows three stocks closed with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital closed at 8.9 US cents after exchanging 419,000 stocks, Proven Investments gained 0.74 of a cent in closing at 25.99 US cents in an exchange of 45,594 units, Sterling Investments shed 0.1 of a cent to close at 2.05 US cents after exchanging 54,297 shares. Sygnus Credit Investments dropped 0.17 of a cent to close at 14.83 US cents in switching ownership of 1,080 units and Transjamaican Highway ended at 0.90 US cents after exchanging 40,000 stocks.
In the preference segment, Equityline Mortgage Investment preference shares settled at US$2 in exchanging 98 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading mixed on JSE USD Market
April 19, 2021 by
