Volume trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday with twice that on Monday but with fewer active companies, leaving the market index to continue drifting downwards.
Market activity ended with just four securities changing hands, three declined and one remained unchanged. Investors exchanged 720,104 units valued at over $113,792, in contrast to 355,751 units at US$22,821 from the trading of seven securities on Monday.
At the close, the market index gained 0.47 points to 187.57 and the PE ratio of the market closed with an average of 12.7 times 2020 earnings.
At the end of trading, First Rock Capital fell 0.04 of a cent in exchanging 7,000 units at 8.6 US cents, Proven Investments traded 456,483 shares to end at 22.8 US cents. Sygnus Credit Investments ended at 12.9 US cents after exchanging 55,820 units, with a loss of 0.1 of a cent and Trans Jamaican Highway lost 0.1 of a cent to end at 0.92 of a US cent in transferring 200,001 shares. There was no trading in the preference segment.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
