Gains for JSE USD Market

More gains for the US dollar market of the Jamaica Stock Exchange at the close on Friday with 36 percent more shares trading than on Thursday and resulting in the market index 192.72 after rising 1.65 points.
At the close of the market, trading ended with four securities changing hands compared to two on Thursday and ended with the prices of two stocks rising, one declining and one remaining unchanged.
The average PE Ratio ended at 12.8 based on the forecast of 2020-21 earnings.
The market closed with an exchange of 694,986 shares, accounting for US$19,235  compared to 512,400 units at US$7,505 on Thursday. An average of  173,747 shares traded for the day at US$4,809, in contrast to the average of 256,200 shares at US$3,753 on Thursday. Trading ended with an average of 1,278,657 units for the month to date for US$21,273, in contrast to 1,391,981 units at US$22,962, well in excess of September average of 84,017 units for US$10,590.
The Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment gained 1.29 US cents to close at 8.5 US cents, after trading 14,011 stock units, Margaritaville remained at 14 US cents trading 3,500 units. Proven Investments gained 1 US cent to close at 27 US cents in a transfer of 45,510 shares and Transjamaican Highway slipped by 0.02 of a cent and closed at 0.83 of a US cent, with 631,965 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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