Trading picks up for JSE USD stocks

Trading ended on Tuesday, with the market index slipping after trading volume rose 17 percent over Monday level, with more stocks rising than falling on the US dollar market of the Jamaica Stock Exchange.
Seven securities traded, compared to six on Monday with four rising, two declining and one remaining unchanged.
JSE USD Equity Index lost 3.77 points to end at 199.99. The average PE Ratio ends at 14 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 73,195 shares for US$12,725, up from 62,513 units at US$10,864 on Monday.
Trading averages 10,456 shares at US$1,818, close to 10,419 shares at US$1,811 on Monday. Trading for the month to date averaged 69,933 units at US$8,351 in contrast to 76,872 units at US$9,114 on Monday. By comparison, January ended with an average of 121,154 units for US$15,408.
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 1 PM close, First Rock Capital rose 0.01 of a cent to 8.95 US cents with 32,375 shares clearing the market, Proven Investments fell one cent in closing at 25.4 US cents with 8,193 units trading, Sterling Investments rose 0.09 of a cent to 2.39 US cents with 900 stocks clearing the market. Sygnus Credit Investments settled at 14.5 US cents trading 2,901 stock units, Sygnus Credit Investments dropped 0.5 of a cent to end at 14.5 US cents trading 2,400 stock units and Transjamaican Highway advanced 0.03 of a cent to 0.94 of a US cent with 23,060 units crossing the exchange.
In the preference segment, JMMB Group 5.75% increased 2 US cents to close at US$2.02, with owners switching 3,366 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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