Easy going for JSE US$ market

Trading on the Jamaica Stock Exchange US dollar market continued to be low-keyed with only four securities trading similar to Monday, to end with four securities changing hands with the price of one rising, one declining and two remaining unchanged. 
At the close of the JSE US dollar market, the index increased 0.18 points to close at 186.03 and the average PE Ratio of the Market ending at 12.9 based on IC Insider.com’s forecast of 2020-21 earnings.
Investors exchanged 245,055 shares for $31,042 compared to 139,745 units at $10,734 on Monday. The average trade for the day ended at 61,264 units at $7,761 in contrast to an average of 34,936 at $2,684 on Monday. An average of 85,108 units at $5,401 traded for the month to date, in contrast to 87,379 units at $5,176. The average for June was 281,680 shares at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, JMMB Group 5.75% preference share shed 2 cents to settle at US$2.30 with 15 units crossing the exchange, Proven Investments traded 83,640 shares at 23 US cents. Sygnus Credit Investments advanced by 1 cent to close at 16 US cents with an exchange of 71,400 shares and Transjamaica Highway traded 90,000 shares at 0.94 US cents.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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