Trading on Thursday ended after trading 30 percent fewer shares valued 53 percent lower than on Wednesday, at the close of the US dollar market of the Jamaica Stock Exchange, resulting in half of the stocks that traded rising in price and the rest remaining unchanged.
Trading ended with four active securities, compared to five on Wednesday and closed with the prices of two rising and two remaining unchanged.
The JSE USD Equity Index gained 2.99 points to end at 197.85. The average PE Ratio ends at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 159,474 shares, for US$10,158 compared to 227,504 units at US$21,770 on Wednesday.
Trading averaged 39,869 units at US$2,539, down from 45,501 shares at US$4,354 on Wednesday. Trading month to date averaged 66,344 units at US$13,987, from 68,927 units at US$15,104 on Wednesday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital settled at 8.5 US cents trading 1,800 shares, Margaritaville closed at 10 US cents with 78,783 units crossing the market, Proven Investments gained half a cent in closing at 23.5 US cents in an exchange of 6,280 shares and Transjamaican Highway gained 0.07 of one cent in ending at 0.92 of a US cent, with a transfer of 72,611 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.