Volume up index falls on JSE UD Market

Trading ended with the market declining after investors exchanged a huge increase of 350 percent more shares on Thursday than on Wednesday at the close of the Jamaica Stock Exchange US dollar market.
Seven securities traded, up from four on Wednesday, with three stocks rising, one declining and three remaining unchanged.
The JSE USD Equity Index lost 0.42 points to end at  210.85 points. The PE Ratio averages 13.1 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 387,195 shares trading for US$8,455 versus 86,122 units at US$17,581 on Wednesday. Trading averaged 55,314 shares at US$1,208, in contrast to 21,531 shares at US$4,395 on Wednesday. Trading month to date averaged 56,586 units at US$2,571 in contrast to 57,110 units at US$3,132 on Wednesday. Trading in March averaged 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital settled at 8.9 US cents with an exchange of 5,489 shares,MPC Caribbean Clean Energy ended at US$1.10 with investors switching ownership of 230 stock units, Proven Investments rose half a cent to 25.5 US cents with 14,806 stock units changing hands. Sterling Investments gained 0.3 of a cent to settle at 2.3 US cents with 14,311 stock units traded, Sygnus Credit Investments declined by 0.72 of a cent to 15 US cents with a transfer of 2,351 units and Transjamaican Highway advanced 0.02 of a cent to end at 0.97 of one US cent, with 350,003 units crossing the exchange.
In the preference segment, Equityline Mortgage Investment closed at US$2 with 5 shares changing hands.

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

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