The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market index rising after 333 percent more shares changing hands than on Thursday, resulting in an even number rising and falling stocks.
At the close of the market, trading ended with four securities changing hands compared to seven on Thursday and closed with the price of one stock rising, one declining and two remaining unchanged.
The JSE USD Equities Index climbed 3.40 points to settle at 195.96 and 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 242,822 shares, for US$45,184 compared to 56,062 units at US$22,966 on Thursday.
The average trade for the day amounted to 60,706 units changing hands at US$11,296, in contrast to an average of 8,009 shares at US$3,281 on Thursday. Trading ended, with an average of 27,171 units for the month to date at US$6,195, in contrast to September with an average of
84,017 units at US$10,590.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows
two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments gained 1.99 US cents exchanging 99,960 shares to end at 27.99 US cents, Sygnus Credit Investments closed at 13 US cents, with 52,796 shares crossing the exchange and Transjamaican Highway settled at 0.9 of a US cent in trading 80,066 shares.
In the preference segment of the market, JMMB Group 6% declined by 1 US cent to close at US$1.05, with 10,000 units changing hands,
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
