Trading remained low keyed with volume falling 69.76 percent fewer shares crossing the exchange than Thursday when the market closed on the Jamaica Stock Exchange US dollar market on Friday, with the market rising moderately to close trading with an 8.8 percent gain for January and the highest point since late April last year.
At the close four securities changed hands, similar to Thursday and ended with the price of one stock rising, one declining and two remaining unchanged.
JSE USD Equity Index gained 0.95 points to end at 202.72. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market ended with the trading of 24,643 shares, for US$3,424, well adrift of the 81,503 units at US$14,441 on Thursday.
Trading averaged 6,161 units at US$856, down from an average of 20,376 shares at US$3,610 on Thursday. Trading averaged 121,154 units for the month to date at US$15,408 compared to 126,153 units at US$16,040 on the prior trading day. December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of trading, First Rock Capital Holdings gained 0.05 of a cent to close at 8.8 US cents with 14,966 shares changing hands, Productive Business Solutions closed at 79 US cents trading 855 shares, Proven Investments remained at 26.99 US cents with 922 stock units crossing the market and Sygnus Credit Investments lost 1.2 cents to close at 15 US cents after 7,900 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.