Investors seem to have shunned the Jamaica Stock Exchange US dollar market on Thursday, with trading in only two securities, compared to five on Wednesday, although the total the volume of stocks traded rose to than twice that on Wednesday. At the same time, the value fell to a third.
The market closed with the prices of one stock advancing and one closing unchanged. Trading ended with 235,284 shares with a value of US$9,471 changing hands, in contrast to 102,201 shares with an amount of US$28,100 from five securities on Wednesday.
At the close, the market index gained 1.90 points to close at 188.76 and the PE ratio of the market closed with an average of 13.1 times IC Insider.com projected 2020 earnings.
At the close of market activity, Proven Investments gained 0.53 of a US cent in exchanging 31,331 stock units and closed at 23.99 US cents and Trans Jamaican Highway closed at 0.99 of a US cent trading 203,953 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
