Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands dropping 83 percent valued 89 percent lower than on Monday, resulting from trading in four securities compared to five on Monday with one rising, two declining and one ending unchanged.
Overall, 47,641 shares were traded, for US$822 down from 286,910 units at US$7,613 on Monday.
Trading averaged 11,910 units at US$205, versus 57,382 shares at US$1,523 on Monday, with a month to date average of 30,432 shares at US$1,588 compared with 31,647 units at US$1,679 on the previous day. November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index rose 5.23 points to culminate at 221.58.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville skidded 2.15 cents to 10.75 US cents with investors trading 206 shares, Sygnus Credit Investments sank 0.2 of a cent to close at 8.8 US cents, with just one stock changing hands, Sygnus Real Estate Finance USD share ended at 7 US cents 130 shares were traded and Transjamaican Highway popped 0.01 of a cent in closing at 1.68 US cents, with 47,304 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on the JSE USD Market
December 19, 2023 by
