Modest trading for JSE USD equities

Trading on Friday ended with the JSE USD Equity Index slipping 0.81 points to 198.06, after trading 499 percent more shares than on Thursday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.

Seven securities traded, up from four on Thursday with prices of two rising, four declining and one remaining unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.4 based on’s forecast of 2021-22 earnings.
Overall, a total of 188,607 shares traded for US$31,769 compared to 31,160 units at US$4,667 on Thursday.
Trading averaged 26,944 units at US$4,538, in contrast to 7,790 shares at US$1,167 on Thursday. Trading averaged 89,302 units for the month to date at US$4,884 in contrast to 95,123 units at US$4,916 on Thursday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Capital dipped 0.5 of a cent in closing at 8.5 US cents after trading just one share, Margaritaville increased 0.85 of a cent to close at 9 US cents after exchanging 100,000 stocks, Proven Investments declined 0.45 of a cent to 25.5 US cents in exchanging 30,050 stock units. Sterling Investments remained at 2 US cents in exchanging 24,905 units, Sygnus Credit Investments shed 0.19 of a cent to close at 14.8 US cents, in trading just one unit, Transjamaican Highway gained 0.01 of a cent to end at 0.87 of a US cent in an exchange of 19,650 stocks.
In the preference segment, JMMB Group 6% declined 7 cents to end at US$1.03, with 12,000 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC