Trading was mixed at the closed on Tuesday with five securities changing hands, down from seven on Monday with of one stock rising, three declining and one closing unchanged on the US dollar market of the Jamaica Stock Exchange, as investors exchanged 92 percent more shares than on Monday for 53 percent less value.
The JSE USD Equity Index fell 1.75 points to close at 193.78. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 514,569 shares traded for US$8,228 compared to 267,871 units at US$17,654 on Monday.
Trading averaged 102,914 units at US$1,646, in contrast to 38,267 shares at US$2,522 on Monday. Month to date trades average 75,689 units at US$3,890 in contrast to 74,537 units at US$3,985 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price, while two ended with lower offers.
At the close, First Rock Capital fell 0.64 of a cent to finish at 7.36 US cents with an exchange of 2,907 shares, Margaritaville remained at 9.2 US cents with 4,100 stocks traded, Proven Investments rose 0.74 of a cent to 25.75 US cents with 1,625 stock units changing hands. Sygnus Credit Investments slipped 0.3 of a cent to end at 14.7 US cents with a transfer of 22,926 shares and Transjamaican Highway declined by 0.03 of a cent to close at 0.82 US cents with 483,011 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.