Trading ended on Monday with the market declining after 69 percent fewer shares changed hands than on Friday, at the close of the Jamaican Stock Exchange US dollar market, resulting from five securities, compared to four on Friday with the prices of two declining and three closing unchanged.
The JSE USD Equity Index lost 1.03 points to end at 198.23. The average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 100,365 shares trading for US$21,913 from 323,494 units at US$44,951 on Friday.
Trading averaged 20,073 units at US$4,383 versus 80,874 shares at US$11,238 on Friday. Trading month to date averaged 63,136 units at US$12,894 versus 67,530 units at US$13,763 on the prior trading day. 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 two with lower offers.
At the close, First Rock Capital traded 1,700 shares unchanged at 8.5 US cents, MPC Caribbean Clean Energy declined 6 cents to close at US$1.09, with 337 units crossing the exchange, Proven Investments fell 1 cent to 23 US cents, with 90,893 units changing hands. Sterling Investments ended at 2 US cents, with 6,735 stocks clearing the market and Sygnus Credit Investments settled at 14 US cents after finishing trading 700 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.