Trading on the Jamaica Stock Exchange US Market on Monday resulted in an increased volume and value of stocks changing hands well ahead of Fridays’ levels, but the market index slipped at the end.
Market activity resulted in five securities changing hands, with two stocks rising and three declining, resulting in 437,566 units with a value of US$61,748, in contrast to 36,380 units for US$5,752 on Friday.
At the close, the market index declined 6.33 points to 190.51, with the PE ratio ending with an average of 13 times 2020 earnings.
In trading, First Rock Capital shed 1 cent after transferring 4,331 units to close at 8 US cents, Proven Investments lost 1 cent to end market activity, with 236,294 shares at 23 US cents, Sterling Investments gained 0.3 of a cent in exchanging 4,331 units to finish at 2.3 US cents. Sygnus Credit Investments ended at 14 US cents, with a rise of 1.9 cents after swapping 38,875 shares and Trans Jamaican Highway closed with a loss of 0.1 of a cent, with 153,735 shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
