The volume of shares trading Wednesday declined 51 percent from Tuesday with 81 percent higher value, at the close of the Jamaica Stock Exchange US dollar market and resulted in more stocks rising than falling.
Trading ended with four securities changing hands, compared to six on Tuesday with prices of three rising and one declining.
The JSE US Denominated Equities Index lost 3.89 points to end at 198.48. The PE Ratio, a measure used in computing appropriate stock values, averages 13.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 498,081 shares changed hands for US$34,261 compared to 1,021,685 units at US$18,940 on Tuesday.
Trading averaged 124,520 units at US$8,565, compared to 170,281 shares at US$3,157 on Tuesday and month to date averages 80,405 shares at US$3,706 versus 75,993 units at US$3,221 on the previous day. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and one with a lower offer.
At the close, Margaritaville climbed 2 cents to 22 US cents with the swapping of 3,650 shares, Proven Investments advanced 0.93of a cent to 22.93 US cents in an exchange of 99,048 stock units, Sygnus Credit Investments USD share shed 0.85 of a cent to end at 12 US cents with 85,283 stocks changing hands and Transjamaican Highway gained 0.02 of a cent in closing at 0.8 of one US cent in switching ownership of 310,100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winners beat losers on the JSE USD Market
February 9, 2022 by
