Just three stocks traded on the Jamaica Stock Exchange US dollar market, on Monday, with Transjamaican Highway dominating trading with just under 95 percent of the overall volume traded for the day.
Trading ended with three securities changing hands with the prices of two declining and one remaining unchanged.
The JSE USD Equities Index declined by 1.75 points to end at 185.96, and the average PE Ratio of the market ended at 13 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 687,485 shares, accounting for US$14,428 compared to 496,779 units at US$112,338 on Friday.
An average of 229,162 units traded at US$4,809, in contrast to an average of 99,356 at US$22,468 on Friday. An average of 144,624 units changed hands at US$18,685 for the month to date versus 141,531 units at US$19,192 on Friday. By comparison, June ended with an average of 281,680 units valued at US$46,787.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments lost 0.01 of a cent to close at 22.99 US cents after trading 34,785 stock units. Sygnus Credit Investments settled at 14 cents with investors swapping 2,700 shares and Transjamaican Highway slipped one-tenth of a cent to close at 0.093 of a US cent after an exchange of 650,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.