The Jamaica Stock Exchange, US dollar market, closed trading on Monday, with the market rising after trading 15 percent more shares than on Thursday, resulting in slightly more stocks falling than rising.
Similar to trading on Thursday, the market ended with six securities changing hands with prices of two stocks rising, three declining and one remaining unchanged.
JSE USD equity index gained 6.84 points to end at 194.23. The PE Ratio averaged 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 260,980 shares at US$26,193 compared to 226,663 units at US$6,625 on Thursday.
Trading averaged 43,497 units at US$4,365, compared to an average of 37,777 shares at US$1,104 on Thursday. Trading month to date averaged 59,447 units at US$6,781 compared to 60,534 units at US$6,945 on the prior trading day. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows no stock ended with bids higher than the last selling price and one closed with a lower offer.
At the close of trading, First Rock Capital Investment carved out a gain of 1 US cents to close at 9 US cents after finishing trading 4,572 shares, Margaritaville lost 1 cent in ending at a 52 weeks’ low of 10 US cents in exchanging 60,806 stock units. Proven Investments gained 0.02 of a cent to close at 26 US cents after trading 70,930 stock units, Sterling Investments shed 0.01 of a cent to close at 2.37 US cents while trading 4,070 stocks, Sygnus Credit Investments shed 0.07 of a cent to end at 16.49 US cents, with just two stocks changing hands and Transjamaican Highway remained at 0.97 of a US cent while trading 120,600 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
