The US dollar market of the Jamaica Stock Exchange closed on Wednesday, with the market slipping moderately after trading with 65 percent fewer shares than on Tuesday, with 33 percent less funds changing hands.
Trading ended with six securities changing hands, the same as Tuesday, with one stock rising, one declining and four remaining unchanged.
The JSE USD Equity Index lost 1.91 points to end at 209.12. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 113,748 shares traded for US$9,188 compared to 328,568 units at US$13,722 on Tuesday.
Trading averaged 18,958 units at US$1,531, in contrast to 54,761 shares at US$2,287 on Tuesday. Trading month to date averaged 50,974 units at US$3,455 compared to 56,029 units at US$3,758 on Tuesday. April ended with an average of 80,293 units for US$6,320.
Investor’s Choice bid-offer indicator shows two stocks ended with the bid higher than the last selling prices and none with lower offers.
At the close, First Rock Capital remained at 9.99 US cents with 31,101 shares traded, Margaritaville held firm at 9 US cents with investors switching ownership of 7,663 stocks, Proven Investments rose 0.01 of a cent to finish at 25.01 US cents with 1,000 units changing hands. Sygnus Credit Investments lost 0.47 of a cent to end at 14.6 US cents with a transfer of 32,123 shares and Transjamaican Highway closed at 0.94 US cents with 41,836 stock units crossing the exchange.
In the preference segment, Equityline Mortgage Investment closed at US$2 with 25 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
