The JSE US dollar market slipped in trading on Monday with five securities crossed the exchange with prices of two declining and two stocks rising as Trans Jamaica Highway continues to trade in large volumes.
The JSE US dollar market has held up reasonably well in trading recently against the background of major fall in the JSE Main Market.
At the close of trading, the volume of stocks climbed to 4,049,404 units with a value of US$90,280, in contrast to 827,966 units for US$86,577 on Friday. At the close, the market lost 0.84 points to end at 206.39, with the PE ratio of the market closing with an average of 14.2 times 2020 earnings.
In trading, First Rock Capital lost 1 cent to close at 8.1 US cents, after trading 8,900 units, Proven Investments declined by 1 cent and ended at 26 US cents after exchanging 175,138 shares. Sygnus Credit Investments swapped 19,666 units at 15 US cents and Trans Jamaican Highway, which accounted for 95 percent of the market’s volume, traded 3,845,700 and rose 0.1 of a cent to close at 1.07 US cents.
