Just three securities traded on the Jamaica Stock Exchange US dollar market on Thursday, down from 10 on Wednesday as trading ended with the price of one rising, one declining and one closing unchanged, following a 41 percent decline in the volume of stocks changing hands valued 31 percent less than on Wednesday.
Overall, 163,448 shares were traded for US$5,282 compared to 278,175 units at US$7,682 on Wednesday.
Trading averaged 54,483 units at US$1,761 up from 27,818 shares at US$768 on Wednesday, with a month to date average of 26,614 shares at US$1,338 compared with 24,797 units at US$1,310 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index popped 1.56 points to end at 226.35.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, Proven Investments gained 0.58 of a cent to close at 19.1 US cents while exchanging 1,500 shares and Transjamaican Highway fell 0.07 of a cent to 0.88 of one US cent, with 160,138 stocks crossing the market.
In the preference segment, JMMB Group 5.75% remained at US$1.95 after investors exchanged 1,810 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on JSE USD Market
December 8, 2022 by
