Trading rises on JSE USD market

 Trading picked up on the US dollar market of the Jamaica Stock Exchange on Friday, with the market rising after trading 54 percent more shares than on Thursday with a value that was 25 times greater.
Trading ended with six securities changing hands, compared to three on Thursday and ended with the price of one stock rising, three declining and two remaining unchanged.
The JSE USD equity index advanced 0.15 points to 187.55. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 233,569 shares, at a consideration of US$92,790 compared to 151,769 units at a mere US$3,664 on Thursday.
Trading averaged 38,928 units changing hands at US$15,465, in contrast to an average of 50,590 shares at US$1,221 on Thursday. Trading ended with an average of 42,162 units for the month to date at US$6,883 in contrast to 42,733 units at US$5,369 on Thursday. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Productive Business Solutions shed 18 cents in ending at 66 US cents, in an exchange of 95,356 shares, Proven Investments dropped 0.01 of a cent in closing at 25.97 US cents after trading 50,809 stock units, Sterling Investments closed at 2.35 US cents, with 21,196 shares changing hands. Sygnus Credit Investments dropped 1.20 cents to settle at 15.80 US cents, trading 58,948 shares and Transjamaican Highway gained 0.14 US cents to close at 0.94 US cents after exchanging 10 units.
In the preference segment, JMMB Group 6% settled at US$1.05, switching ownership of 7,250 stock units.

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

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