The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market index declining after trading 99 percent fewer shares than on Friday.
At the close of the market, trading ended with two securities changing hands compared to four on Friday and ended with no stocks rising, two declining and none remaining unchanged.
The JSE USD Equities Index declined by 0.38 points to settle at 193.35, and the average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 12,620 shares, amounting to just US$1,667 compared to 1,125,027 units at US$106,525 on Friday.
The average trade for the day amounts to 6,310 units changing hands at US$834, in contrast to an average of 281,257 shares at US$26,631 on Friday. Trading ended with an average of 42,298 units
for the month to date at US$5,461 in contrast to 43,798 units at US$5,653 on Friday.
By comparison, October ended with an average of 697,808 units for US$17,320.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment shed 0.063 of a cent to close at 8.01 US cents with an exchange of 2,620 stocks and Sygnus Credit Investments fell 1.92 US cents to close at 14.5 US cents while exchanging 10,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
