Trading dropped sharply on the US dollar market on Wednesday with just three securities changing hands compared to six on Tuesday, resulting in the market Index carving out a modest loss 3.00 points to close at 184.85 and the PE ratio averaged 12.8 times IC Insider.com projected 2020 earnings.
The market closed with the prices of two stocks declining, none advancing and two stocks closing unchanged. Trading pushed investors to exchange 330,908 units at $20,184, in contrast to just 16,076,419 552,258 shares at US$1,552,647 on Tuesday.
At the close of market activity, First Rock Capital closed at 10 US cents, after trading 121,858 shares and Trans Jamaican Highway lost 0.12 of a cent in trading 202,850 shares to end at a 52 weeks’ closing low of 0.82 US cents. In the US dollar preference shares segment, JMMB Group 6% traded 6,200 units with the loss of one-tenth of a cent to close at 99 US cents.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
