JSE USD market up with lower trading

Trading levels dropped sharply on Monday on, the US dollar market of the Jamaica Stock Exchange, with the market rising after trading 91 percent fewer shares than on Friday, resulting in more stocks rising than falling.
Similar to trading on Friday, the market ended with five securities changing hands and with three rising, none declining and two closing unchanged.
JSE USD Equity Index rose 2.33 points to  201.67. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 66,538 shares trading at US$20,507, down sharply from 771,719 units at US$127,516 on Friday.
Trading averaged 13,308 units changing hands at US$4,101, down from 154,344 shares at US$25,503 on Friday. Trading averaged 95,141 units for the month to date at US$13,065 in contrast to 111,507 units at US$14,858 on Friday. By comparison, January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close of the market, First Rock Capital gained 0.01 of a cent to close at 8.78 US cents trading 2,546 shares, Proven Investments gained 0.01 of a cent to end at 26.99 US cents after finishing trading 34,712 shares, Sygnus Credit Investments remained at 15.04 US cents with 20,216 stocks crossing the market and Transjamaican Highway closed at 0.97 of a US cents while exchanging 5,210 stocks.
In the preference segment, JMMB Group 5.75% rose by 3 cents to close at US$2.03 after clearing the market with 3,854 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.