Slight slippage in JSE USD trading

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday with the market index slipping after trading 26 percent fewer shares than on Wednesday, resulting in an even number of stocks rising and declining.
Trading closed, with five securities changing hands similar to Wednesday and closed with the prices of two rising, two declining and one remaining unchanged.
The JSE USD Equities Index declined by 3.39 points to settle at 187.81. The average PE Ratio ended at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended in 247,604 shares changing hands for US$47,872 compared to 335,249 units at US$42,287 on Wednesday. The average trade amounts to 49,521 units at US$9,574 compared to an average of 67,050 shares at US$8,457 on Wednesday. Trading averaged 48,652 units for the month to date at US$7,754 in contrast to 48,218 units at US$6,844. November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments dropped 1.88 US cents to end at 24 US cents with 46,230 shares changing hands, Sterling Investments lost 0.4 cents to close at 2.1 US cents, in exchanging 79,400 shares, Sygnus Credit Investments advanced by 1.2 cents to settle at 16.9 US cents trading 17,122 stock units. Transjamaican Highway gained 0.04 cents to close at 0.90 US cent, with investors swapping 89,948 shares.
In the preference segment, JMMB Group 5.75% ended at US$2.01, with investors switching ownership of 14,904 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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