The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after 13 percent more shares were traded than on Tuesday, resulting in more stocks falling than rising.
At the close of the market, trading ended with three securities changing hands than five on Tuesday and ended with the prices of one stock rising, two declining and none traded unchanged.
The JSE USD Equities Index lost 5.99 points to settle at 188.28. The average Ratio ended at 13.7 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 108,539 shares, accounting for US$11,424 compared to 95,954 units at US$1,869 on Tuesday. The average trade amounted to 36,180 units changing hands at US$3,808, in contrast to an average of 19,191 shares at US$374 on Tuesday. Trading averages 19,074 units for the month to date at US$1,980, in contrast to 15,127 units at US$1,558.
Compared, October ended with an average of 697,808 units for US$17,320.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ending with a higher bid than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Investment gained 0.01 of a cent to close at 8.65 US cents trading 70,436 shares, Proven Investments shed 2.84 US cents to end at 23.16 US cents, after crossing the exchange with 2,817 units and Sygnus Credit Investments fell 0.49 of a cent and settled at 13 US cents after exchanging 35,286 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, trading ended with five securities changing hands, down from eight on Monday and closed with the prices of three stocks rising, two declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment gained 0.09 of a cent to close at 8.64 US cents, with investors swapping 112 units, Margaritaville lost 2 US cents to end at 13 US cents, in trading 770 units, Proven Investments shed 1.9 US cents to settle at 26 US cents, with an exchange of 3,286 stock units. Sterling Investments added one-tenth of a cent to end at 3 US cents, with investors swapping 5,000 units and Transjamaican Highway rose 0.06 of a cent and closed at 0.94 of a US cent after exchanging 86,786 shares.
MPC Caribbean Clean Energy gained 15 US cents trading 100 units ended at US$1.15. Proven Investments gained nine-tenths of a cent to close at 27.9 US cents, in crossing the market with 1,781 units. Sterling Investments gained one-tenth of a cent to close at 2.9 US cents trading 761 units, Sygnus Credit Investments rose 0.49 of a cent to 13.49 US cents while trading 3,281 units and Transjamaican Highway slipped from 0.94 US cents to close at 0.88 US cents, with a transfer of 75,550 shares.
The US dollar market of the Jamaica Stock Exchange closed trading on Friday with the market rising after trading 46 percent fewer shares than on Thursday, resulting in an even number of stocks rising and falling.
Trading ended with an average of 697,808 units for the month to date at US$17,320, in contrast to 714,702 units at US$17,695. By comparison, September ended with an average of 84,017 units for US$10,590.
At the close of the market, trading ended with four securities changing hands compared to five on Wednesday with the prices of one stock rising, two declining and one remaining unchanged.
At the close of the market, Proven Investments lost 0.95 of a cent in closing at 27 US cents, with 26,848 shares passing through the market, Sterling Investments gained one-tenth of a cent to end at 2.85 US cents after 280 units crossed the exchange, Sygnus Credit Investments was unchanged at 13.49 US cents trading 5,029 stock units and Transjamaican Highway slipped 0.08 of a cent and closed at 0.9 of a US cent, in exchanging 50,013 shares.
At the close of the market, trading ended with five securities changing hands compared to six on Tuesday and closed with the price of two stocks rising, none declining and three remaining unchanged.
At the close of the market, First Rock Capital Investment rose 0.041 of a cent to settle at 7.42 US cents, with 4,000 units changing hands, Margaritaville closed at 15 US cents after exchanging 580 units. Proven Investments remained at 27.95 US cents after finishing with a transfer of 75,352 shares and Sterling Investments ended at 2.75 US cents, with 146 units crossing the market.
The JSE USD Equities Index rose 5.71 points to settle at 201.92, with the PE Ratio of the market averaging 13.6 based on ICInsider.com forecast of 2020-21 earnings.
At the close of the market, First Rock Capital Investment lost 1.99 US cents in closing at 7.01 US cents, with an exchange of 10,000 stock units, Margaritaville remained at 15 US cents trading 64 units, Proven Investments gained 4.44 US cents to settle at 27.95 US cents, after exchanging just 34 units. Sterling Investments gained eight-tenths of a cent and settled at 2.75 US cents, trading 355 units, Sygnus Credit Investments closed at 13.49 US cents, in a transfer of 123 units and Transjamaican Highway slipped 0.01 of a cent to end at 0.98 of a US cent, after 749 stock units crossed the market.
At the close of the market, trading ended with four securities changing hands compared to five on Friday and ended with the prices of two stocks rising, one declining and one remaining unchanged.
At the close of the market, Margaritaville remained at 15 US cents after trading 100 shares, Proven Investments shed 2.49 US cents to settle at 23.51 US cents with an exchange of 9,801 units, Sygnus Credit Investments gained fourth tenths of a cent to close 13.49 US cents with an exchange of 627 stock units and Transjamaican Highway rose by 0.04 of a cent to end at 0.097 of a US cent with an exchange of 191,164 shares.
At the close of the market, First Rock Capital Investment settled at 9 US cents, with an exchange of 1,316 shares Margaritaville closed at 15 US cents, after trading 1,290 units, Proven Investments lost half a cent to end at 26 US cents, clearing the market with 1,420,731 shares. Sygnus Credit Investments closed at 13.08 US cents, with a loss of four-tenths of a cent ending as investors swapped 5,792 stock units and Transjamaican Highway lost one-tenth of a cent end at 0.93 of a US cent, in exchanging 206,365 shares.
At the close of the market, trading ended with five securities changing hands compared to two on Wednesday and closed with the price of one stock rising, two declining and two remaining unchanged.
At the close of the market, First Rock Capital Investment gained one-tenth of a cent and closed at 9 US cents, after exchanging 9,051 shares, Margaritaville closed at 15 US cents, trading 906 units. Proven Investments lost half a cent, to close at 26.5 US cents, with 1,000 stock units changing hands and Sygnus Credit Investments closed at 13.5 US cents, in exchanging 739 units.