JSE USD trading picks up

Trading picked up at the end of the month on Monday, with the US dollar market of the Jamaica Stock Exchange rising after exchanging 30 percent more shares changing hands than on Friday.  
Market activity ended with eight stocks trading, up from six on Friday and ended with the prices of four stocks rising, one declining and three remaining unchanged.
The JSE USD Equities Index advanced by 2.42 points to settle at 190.34. The average PE Ratio ended at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an exchange of 555,393 shares, at US$24,950 versus 427,882 units at US$13,880 on Friday.
Trading averaged 69,424 units at US$3,119, in contrast to 71,314 shares at US$2,313 on Friday. The average, month to date ends 51,134 units at US$4,516, compared to 49,490 units at US$4,641. October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment gained 0.35 of a cent to close at 9 US cents, in clearing the market with 10,820 shares, MPC Caribbean Clean Energy closed at US$1.15, with an exchange of 46 units. Productive Business Solutions gained 18 cents to end at 84 US cents after trading 5,952 stock units, Proven Investments advanced 0.99 of a US cent to finish at 25.99 US cents, after 14,259 shares crossed the exchange, Sterling Investments lost nine-tenths of a US cent to close at 2 US cents, with investors swapping 350,000 shares. Sygnus Credit Investments advanced 0.51 of a US cent to settle at 16.5 US cents after 51,732 shares crossed the market and Transjamaican Highway remained at 0.90 of a US cent, with 122,500 shares changing hands.
In the preference segmentEppley 5% preference share closed at US$1.02, with investors swapping 84 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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