Volume rises value falls on JSE USD market

Trading on Monday ended with the market index rising after trading 47 percent more shares but with 78 percent less value than on Friday, at the close of moderate activity on the US dollar market of the Jamaica Stock Exchange.
Trading ended with five securities changing hands, compared to five on Friday with two stocks rising and three declining.
The JSE USD Equity Index gained 1.79 points to end at 211.35. The average PE Ratio ends at 12.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 551,129 shares traded for US$11,730 compared to 375,831 units at US$54,256 on Friday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with lower offers.
At the close, First Rock Capital lost 0.25 of a cent to end at 8.75 US cents in switching ownership of 1,066 stocks, Margaritaville rose 1 cent to close at 9 US cents, with 1,690 shares crossing the exchange, Proven Investments fell 0.49 of a cent to 25.51 US cents and trading 22,793 stock units and Transjamaican Highway fell 0.01 of a cent to end at 0.9 of a US cent in an exchange of 525,000 stock units.
In the preference segment, JMMB Group 6% climbed 8 cents to close at US$1.10 in switching ownership of 580 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com