Trading fell on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market Index inching higher after the trading of 78 percent fewer shares than on Monday.
Trading ended with four securities changing hands, compared to six on Monday and closed with the prices of three stocks rising, none declining and one remaining unchanged.
The JSE USD Equity Index gained 1.63 points to end at 191.07. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 51,128 shares, accounting for US$48,835 compared to 233,146 units at US$14,502 on Monday.
Trading averaged 12,782 units changing hands at US$12,209, in contrast to an average of 38,858 shares at US$2,417 on Monday. Trading ended with an average of 28,427 units for the month to date at US$6,334. Trading in December averaged 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and one with lower offers.
At the close, Proven Investments gained 1 cent to settle at 25 US cents, with an exchange of 1,718 stock units and Sygnus Credit Investments rose 0.95 of a cent to end at 16.95 US cents trading 2,700 units.
In the preference segment, JMMB Group 5.75% closed at US$2, exchanging 335 units and JMMB Group 6% gained 2 cents to settle at US$1.02, after trading 46,375 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.