The US dollar market of the Jamaica Stock Exchange closed out a disappointing year with the market index down on Thursday and a fall of 18 percent for the year. Trading ended with declining stocks dominating the market.
The market closed for a second consecutive day with six securities changing hands at the close and ending with prices of five declining and one remaining unchanged.
JSE USD equity index lost 9.93 points to end at 186.30. The average PE Ratio ends at 13 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 527,314 shares trading at US$47,035, compared to 84,098 units at US$24,059 on Wednesday.
Trading averaged 87,886 units at US$7,839 versus 14,016 shares at US$4,010 on Wednesday. Trading for the month to date ended with 55,388 units at US$6,412 compared to 53,565 units at US$6,332 on Wednesday. November ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital Investment declined by 1.18 cents in closing at 7.81 US cents after exchanging 33,000 shares, Productive Business Solutions fell 6 cents in closing at 75 US cents after trading 1,000 units, Proven Investments declined by 0.8 of a cent to 25.9 US cents 153,408 stock units crossing the market. Sterling Investments declined 0.38 of a cent to 2 US cents after an exchange of 62,700 shares, Sygnus Credit Investments remained at 16 US cents in trading 18,490 stocks and Transjamaican Highway declined by 0.07 of a cent to 0.83 of a US cent with 258,716 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
