Trading ended with the market index moving higher and continuing to reverse the fall below the year’s opening position on Tuesday after trading 80 percent fewer shares on Thursday than Wednesday at the close of the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.
Trading ended with eight securities changing hands, compared to seven on Wednesday, with the price of one rising, three declining and four ending unchanged.
The JSE USD Equity Index gained 2.67 points to end at 191.21. The PE Ratio, a measure that computes an appropriate value for a stock, averages 11.9 based on ICInsider.com’s 2021-22 earnings forecast. Overall, 250,508 shares traded for US$61,050 compared to 1,274,755 units at US$54,331 on Wednesday.
Trading averaged 31,314 units at US$7,631, compared to 182,108 shares at US$7,762 on Wednesday. Month to date trading averages 122,568 units for US$9,438 in contrast to 131,928 units at US$9,624 on the prior trading day. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital dipped 0.1 of a cent in ending at 7.9 US cents with an exchange of 1,078 shares, 
Margaritaville dropped 0.99 of a cent to 9 US cents, with 3,000 stocks crossing the market, Proven Investments ended trading at 24 US cents, with 235,128 stock units trading, Sterling Investments closed trading at 2.15 US cents in switching ownership of 227 units. Sygnus Credit Investments exchanged a mere 6 shares in ending trading at 16 US cents, Sygnus Credit Investments climbed 1.6 cents to 13.8 US cents after trading 100 stocks and Transjamaican Highway lost 0.05 of a cent after ending at 0.75 US cents in an exchange of 8,469 stocks.
In the preference segment, JMMB Group 6% remained at US$1.03 while exchanging 2,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Volume falls on JSE US$ market
July 22, 2021 by
