The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market rising after traded 92 percent more shares than on Monday, resulting in all stocks rising.
At the close of the market, trading ended with two securities changing hands compared to four on Monday and ended with all the prices of the two stocks rising.
The JSE USD Equities Index gained 2.11 points to settle at 196.44, with the average PE Ratio ending at 13.1 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 503,852 shares, for US$140,501 compared to 263,000 units at US$3,752 on Monday.
The average trade for the day amounted to 251,926 units changing hands at US$70,250, in contrast to an average of 65,750 shares at US$938 on Monday. Trading ended, with an average of 62,690 units for the month to date at US$12,494 in contrast to 37,459 units at US$4,793. By comparison, September ended with an average of 84,017 units for US$10,590.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid to buy stocks, higher than the last selling price and none with lower offers.
At the close of the market, Proven Investments rose 0.01 of a cent and settled at 28 US cents finishing at 500,000 stock units and Sygnus Credit Investments gained half a cent to end at 13.5 US cents in exchanging 3,852 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All JSE USD market stocks rose
October 6, 2020 by
