Trading picked up on the Jamaica Stock Exchange US dollar market ended on Monday, with a 142 percent jump in the volume of stocks changing hands, with a 211 percent higher value than on Friday, resulting in five securities traded, similar to that on Friday and ended with prices of two rising, two declining and one ending unchanged.
Overall, 955,823 shares were traded for US$22,262 compared with 394,211 units at US$7,160 on Friday.
Trading averaged 191,165 shares at US$4,452 versus 78,842 units at US$1,432 on Friday, with a month to date average of 95,306 shares at US$2,965 compared to 91,138 units at US$2,901 on the previous day. June ended with an average of 60,969 units for US$3,967.
The US Denominated Equities Index popped 0.98 points to 245.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 between November 2023 and 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, First Rock Real Estate USD share remained at 4 US cents in an exchange of 105,125 shares, Margaritaville rose 0.3 of a cent to 9.02 US cents with a transfer of 325 stock units, Proven Investments lost 2 cents in closing at a 52 weeks’ low of 12.5 US cents while trading 25,407 units, Sygnus Real Estate Finance USD share shed 0.4 of a cent to 10 US cents, with 28 stocks changing hands and Transjamaican Highway rose 0.03 of a cent to 1.83 US cents with 824,938 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on JSE USD Market
July 31, 2023 by
