Trading on the US dollar market of the Jamaica Stock Exchange closed on Wednesday, with the market declining after investors exchanged 91 percent fewer shares than on Tuesday, with 85 percent less value.
Seven securities traded, compared to five on Tuesday with the prices of two stocks rising, three declining and two remaining unchanged.
The JSE USD Equity Index fell 4.14 points to end at 208.67. The average PE Ratio ends at 13.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 116,571 shares traded, for US$9,359 down from 1,338,589 units at US$44,466 on Tuesday.
Trading averaged 16,653 units at US$1,337, in contrast to 267,718 shares at US$8,893 on Tuesday. The month to date averaged 108,400 units at US$12,900 in contrast to 117,985 units at US$14,108 on Tuesday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital fell 0.5 of a cent to 9 US cents with an exchange of 86,049 shares, Margaritaville finished at 9 US cents with 2,214 units passing through the market, Proven Investments lost 0.35 of a cent to 26.1 US cents with 3,931 stock units traded. Sterling Investments closed at 2.29 US cents with 4 shares changing hands, gained 0.87 of a cent to settle at 15.95 US cents with investors switching ownership of 1 unit and Transjamaican Highway climbed 0.01 of a cent to close 0.86 US cents with 24,032 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
