JSE USD market in comatose state

Only two securities traded on Wednesday compared to six on Tuesday on the US dollar market of the Jamaica Stock Exchange, with the market index unchanged after there were no price changes at the close.
The JSE USD Equities Index was unchanged at 192.46, with the average PE Ratio ending at 12.9 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with 95 percent fewer shares traded than on Tuesday, as only 794 shares changed hands, with a value of US$454 compared to 16,817 units at US$12,542 on Tuesday. The average trade for the day amounted to 397 units at US$227, in contrast to an average of 2,803 shares at US$2,090 on Tuesday. Trading ended with an average of 1,078,429 units for the month to date at US$18,191 in contrast to 1,122,430 units at US$18,924. 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 shows three stocks ending with bids higher than their last selling prices and none  with lower offers.
At the close of the market, Sygnus Credit Investments remained at 13.5 US cents, with 613 units changing hands and in the preference segment, JMMB Group 5.75% remained at US$2.05 after crossing the exchange with 181 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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