The volume of stocks trading on the Jamaica Stock Exchange US dollar market jumped on Friday as investors exchanged just over 2 million units as market activity resulted in three securities changing hands, up from two Thursday as more than 2 million units of Proven Investments were exchanged.
Traded ended with the prices of one stock rising one declining and one closing unchanged. Trading ended with 2,160,753 shares at US$235,284 changing hands, in contrast to 57,099 units at US$9,471 on Monday.
At the close, the market declined by 7.20 points to 181.56. The PE ratio of the market closed with an average of 13 times IC Insider.com projected 2020 earnings.
At the close of the market, Proven Investments fell 0.99 of a cent after exchanging 2,157,865 shares to close at 23 US cents. Trans Jamaican Highway ended at 0.99 of a US cent, after trading 2,810 units and in the preference segment, JMMB Group 6% preference share gained 2 cents, in trading just 78 stock units to close at US$1.01.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.