The US dollar market of the Jamaica Stock Exchange closed trading on Thursday with the market rising after investors traded 268 percent more shares than on Wednesday and close with three securities changing hands compared to four on Wednesday and resulting in two stocks rising and one remaining unchanged.
The JSE USD Equities Index advanced by 2.71 points to settle at 201.21, to be down by 11 percent for the year to date after being down 21 percent at the low point for the year. The market closed with the average PE Ratio ending at 13.2 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 408,238 shares, for US$6,204, compared to 110,846 units at US$15,976 on Wednesday.
The average trade for the day amounted to 136,079 units changing hands at US$2,068, compared to an average of 27,712 shares at US$3,994 on Wednesday. Trading ended, with an average of 66,034 units for the month to date at US$9,774 in contrast to 56,028 units at US$10,875. 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 one stock ending with a higher bid than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Holdings rose four-tenths of a cent to 9 US cents, with the trading of 1,300 shares, Proven Investments gained 1 US cent to end at 29 US cents, after crossing the exchange with 8,638 stock units and Transjamaican Highway settled at 0.09 of a cent with 398,300 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.