Trading picks up on JSE USD Market

The total volume of shares trading spiked 562 percent on Monday than on Friday, ended with the value rising 160 percent at the close of trading on the Jamaica Stock Exchange US dollar market and the market index lost 0.05 points to 200.46.
Trading ended with six securities changing hands, similar to Friday, with three rising, two declining and one ending unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, a total of 1,161,401 shares traded for US$79,940 up from 175,570 units at US$30,696 on Friday.
Trading averaged 193,567 units at US$13,323, in contrast to 29,262 shares at US$5,116 on Friday. Trading averaged 128,890 units for the month to date at US$5,289 in contrast to 113,965 units at US$3,435 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital ended trading of one share at 9 US cents, Margaritaville lost 0.9 of a cent to close at 9 US cents after 176,842 units crossed the market, Proven Investments gained 0.1 of a cent to end at 26.09 US cents, with 164,560 stock units changing hands. Sterling Investments rose 0.09 of a cent in ending at 2.39 US cents after 814,150 stock units cleared the market and Sygnus Credit Investments dropped 0.29 of a cent to 15.01 US cents in trading 5,800 stock units.
In the preference segment, JMMB Group 5.75% increased 3 cents in ending at US$2.05 with 48 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.