Traded volume rose 125 percent over Monday’s level, with only four stocks changing hands versus five on Monday leading the US dollar market of the Jamaica Stock Exchange to close down moderately by 2.13 points to 199.51.
Trading ended with the prices of one stock rising, one declining and two remaining unchanged.
The market closed with the average PE Ratio at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 149,703 shares for US$25,014 up from 66,538 units at US$20,507 on Monday.
Trading averaged 37,426 units at US$6,253, up from 13,308 shares at US$4,101 on Monday. Trading averaged 88,351 units for the month to date at US$12,264 in contrast to 95,141 units at US$13,065 on Monday. By comparison, January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, First Rock Capital remained at 8.78 US cents while exchanging 140 shares. Proven Investments lost 0.04 of a cent at 26.95 US cents, with an exchange of 92,650 stock units, Sygnus Credit Investments closed at 15.04 US cents trading 2,000 shares and Transjamaican Highway inched 0.01 of a cent higher in closing at 0.98 of a US cent, with 54,913 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.