Trading closed on Tuesday with the index declining as the volume of shares exchanged jumped 388 percent over Monday trades, with 18 percent more funds changing hands, on the Jamaica Stock Exchange JSE US dollar market.
Trading ended with six securities changing hands, compared to nine on Monday, with prices of one rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index fell 2.92 points to close at 193.49. The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending this year and August 2022.
Overall, 208,621 shares traded for US$10,383 compared to 42,740 units at US$8,819 on Monday. Trading averages 34,770 units at US$1,731 compared to 4,749 shares at US$980 on Monday and the month to date averages 51,096 at US$4,466 versus 52,038 units at US$4,624 on Monday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and two stocks with lower offers.
At the close, First Rock Capital remained at 7 US cents with a transfer of 466 shares, Proven Investments fell 0.9 of a cent to 22.1 US cents with 33,535 stock units passing through the market, Sterling Investments finished unchanged at 2.09 US cents with 4,000 units changing hands. Sygnus Credit Investments USD stock dipped 0.99 of a cent to 12 US cents with 934 stocks traded, Sygnus Real Estate Finance USD share lost 0.3 of a cent to close at 16 US cents with 6,468 stocks traded and Transjamaican Highway popped 0.01 of a cent to 0.95 US cents with 163,218 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.