Trading on the Jamaica Stock Exchange US dollar Market climbed over Friday’s level as investors bought nearly three and a half times the amount of Trans Jamaican Highway shares as on Friday.
Market activity resulted in five securities changing hands, with the price of one stock rising, two declining and two remaining unchanged. The volume of shares traded was 1,538,242 units value at US$67,633, in contrast to 464,489 units for US$15,549 on Friday. At the close, the market declined by 2.29 points to 199.48 and the PE ratio of the market closed with an average of 13.5 times 2020 earnings.
The stocks trading are, Proven Investments with the price ending at 25 US cents, with a loss of 1 cent in transferring 2,400 units, Sygnus Credit Investments closed at 13 US cents, in trading 18,247 stock units and Trans Jamaican Highway exchanging 1,476,595 shares at 1 US cent. In the US dollar preference section, JMMB Group 5.75% preference share swapped 5,000 units and shed 13 cents to end at US$2 and JMMB Group 6% gained 1 cent to close at US$1.11, with 36,000 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
