Trading on the Jamaica Stock exchange US dollar market rose above Wednesday’s level but with slightly lower value as market activity resulted in four securities changing hands, with one rising and three stocks declining.
Investors exchanged 1,253,326 shares valued at US$240,737, in contrast to 1,171,339 units for US$270,439 on Wednesday.
At the close, the market fell by 1.52 points to 193.95. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading, Margaritaville Turks lost 1 cent transferring 354 units to close at 18 US cents, Proven Investments ended at 23 US cents, with a loss of 0.4 of a cent after exchanging 974,272 shares. Sygnus Credit Investments shed 0.3 of a cent to finish at 12.7 US cents, after trading 118,700 stock units and Trans Jamaican Highway ended the day at 1 US cent with a gain of 0.001 of a cent, with 160,000 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.