The US dollar market of the Jamaica Stock Exchange closed on Thursday, with the market falling after the trading of percent fewer shares than on Wednesday, resulting in just two stocks trading, both of which declined.
The JSE USD Equities Index fell 7.08 points to settle at 191.07, with the average PE Ratio ending at 12.6 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 512,400 shares, accounting for US$7,505 compared to 46,796,026 units at US$467,983 on Wednesday.
The average trade for the day amounted to 256,200 units changing hands at US$3,753
, in contrast to an average of 23,398,013 shares at US$233,991 on Wednesday. Trading ended, with an average of 21,391,981 units changing hands, for the month to date at US$22,962. Trading ended, with an average of 256,200 units changing hands at US$3,753 in contrast to 1,453,375 units at US$24,000. By comparison, September ended with an average of 84,017 units for US$10,590.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments lost I cent and closed at 26 US cents with an exchange of 12,400 shares and Transjamaican Highway slipped 0.10 of a cent to close at 0.85 of a US cent trading 500,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
