The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market declining after trading 581 percent more shares than on Friday, resulting in more stocks falling than rising.
Trading ended with five securities changing hands at the close, compared to four on Friday and ended with one rising, three declining and one remaining unchanged.
JSE USD Equity Index lost 4.56 points to end at 198.16 and the average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 167,769 shares, for US$27,880 compared to 24,643 units at US$3,424 on Friday.
Trading averaged 33,554 units changing hands at US$5,576, in contrast to an average of 6,161 shares at US$856 on Friday. January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital dropped 0.21 of a cent in closing at 8.79 US cents, with 357 units crossing the exchange,
Proven Investments lost 0.02 of a cent to end at 26.97 US cents in trading 95,772 shares, Sygnus Credit Investments shares denominated in Jamaican dollars ended at 12.8 US cents, with 961 units changing hands. Sygnus Credit Investments US dollar-denominated stock climbed 0.03 of a cent to end at 15.03 US cents with an exchange of 11,617 stock units and Transjamaican Highway declined 0.06 of a cent to close at 0.9 US cents, with 59,062 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.