Trading on Friday ended with stocks mostly rising after trading 103 percent more shares than on Thursday, on the US dollar market of the Jamaica Stock Exchange, resulting in values climbing 343 percent over Thursday’s trading.
Market activity ended with four securities changing hands, similar to Thursday and closed with two stocks rising, one declining and one remaining unchanged.
The JSE USD Equity Index gained 1.41 points to end at 199.26. The average PE Ratio ends at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 323,494 shares for US$44,951, up from 159,474 units at US$10,158 on Thursday.
Trading averaged 80,874 units at US$11,238, up from 39,869 shares at US$2,539 on Thursday. Trading month to date averaged 67,530 units at US$13,763, in line with the 66,344 units at US$13,987 on Thursday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital ended at 8.5 US cents trading 16,390 shares, Proven Investments rose half a cent to 24 US cents after exchanging 179,040 stock units, Sterling Investments fell 0.1 of a cent to 2 US cents trading 23,764 stocks and Transjamaican Highway gained 0.01 of a cent to end at 0.93 of one US cents in switching ownership of 104,300 stock units.
Prices of securities traded are those of the last transaction of each stock unless otherwise stated.