The volume of stocks changing hands on Thursday climbed 84 percent higher than on Wednesday, with 481 percent greater value at the close of trading on the US dollar market of the Jamaica Stock Exchange.
The JSE USD Equity Index gained 3.01 points to end at 211.68. The average PE Ratio ended at 13.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Only four securities traded, down from seven on Wednesday, with prices of two stocks rising and two declining, leading to 214,841 shares trading for US$54,388 from 116,571 units at US$9,359 on Wednesday.
Trading averaged 53,710 units at US$13,597, in contrast to 16,653 shares at US$1,337 on Wednesday. Trading month to date averages 105,595 units at US$12,936 in contrast to 108,400 units at US$12,900 on Wednesday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than their last selling prices and none closed with lower offers.
At the close, First Rock Capital fell 0.04 of a cent to 8.96 US cents with 3,565 shares traded, Proven Investments advanced 0.9 of a cent to finish at 26.9 US cents with 202,255 stock units changing hands, Sygnus Credit Investments fell 0.02 of a cent to settle at 15.93 US cents with a transfer of 9,001 units and Transjamaican Highway rose 0.07 of a cent to close at 0.93 US cents with 20 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
