Volume plunges on JSE US Market on Friday

 At the close of the market on Friday, stocks closed out the week with just three trading, down from five on Thursday and ended with none gaining, two declining and one left unchanged, with the volume of shares changing hands dropping 76 percent from Thursday’s level, on the US dollar market of the  Jamaica Stock Exchange
The US Denominated Equities Index lost 1.42 points to end at 182.99. The PE Ratio, a measure used to computes appropriate stock values, averages 11.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 29,057 shares traded for US$11,251 down from 119,947 units at US$10,797 on Thursday. Trading averaged 9,686 units at US$3,750, down from 23,989 shares at US$2,159 on Thursday and the average month to date is 13,865 at US$1,749 versus 15,119 units at US$1,148 on Thursday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and two with lower offers.
At the close, First Rock Capital fell 0.5 of a cent to 7 US cents with 18,645 shares traded and Proven Investments remained unchanged at 23.48 US cents with 1,212 stock units crossing the exchange.
In the preference segment, JMMB Group 6% dropped 3 cents to US$1.05 with 9,200 stocks changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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