Prices remained mostly firm at the close of trading on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market index slipping slightly after trading 142 percent more shares than on Monday.
Trading ended with five securities changing hands, compared to four on Monday with the price movement of just one stock ending with a loss, leaving four stocks unchanged.
JSE USD equity index lost just 0.10 points to end at 192.01 and the average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 33,333 shares, accounting for US$6,866 compared to 23,463 units at US$11,820 on Monday.
Trading averaged 6,667 units at US$1,373, in contrast to an average of 5,866 shares at US$2,955 on Monday. Trading ended with an average of 35,044 units for the month to date at US$6,046 in contrast to 40,956 units at US$7,019. November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment closed at 9 US cents trading a mere 250 shares, Proven Investments closed at 25.87 US cents with 2,930 stocks changing hands, Sygnus Credit Investments settled at 17 US cents in exchanging 29,056 stock units.
In the preference segment, Eppley 5% Preference share lost 1 US cents in ending at US$1.01 in an exchange of 97 stock units and JMMB Group 6% closed at US$1.05 in trading 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
