Trading volume climbed 113 percent on Tuesday over Monday’s level at the close of the US dollar market of the Jamaica Stock Exchange, resulting in five securities changing hands, compared to six on Monday with prices of two rising, none declining and three remaining unchanged.
The JSE USD Equity Index gained 1.96 points to end at 212.81. The average PE Ratio ends at 13.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 1,338,589 shares changed hands, for US$44,466 compared to 628,310 units at US$42,801 on Monday.
Trading for the day averaged 267,718 units at US$8,893, in contrast to 104,718 shares at US$7,134 on Monday. Trading averaged 117,985 units for the month to date at US$14,108 in contrast to 105,910 units at US$14,529 on the prior trading day. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital ended at 9.5 US cents with 3,629 shares changing hands, Margaritaville finished at 9 US cents with 60,000 stocks clearing the market, Proven Investments advanced 0.45 of a cent in closing at 26.45 US cents and trading 77,422 stocks. Sygnus Credit Investments rose 0.43 of a cent to 15.08 US cents while trading 50,786 units and Transjamaican Highway closed at 0.85 of a US cent after 1,146,752 shares passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE USD Market
May 18, 2021 by
