Trading on Tuesday ended with the market index rising after the trading of 16 percent more shares than on Monday, on the US dollar market of the Jamaica Stock Exchange, resulting in four of five stocks falling and none rising.
Trading ended with five securities changing hands, the same as on Monday and closed, with prices of four declining and one remaining unchanged as no stock gained.
The JSE USD Equity Index inched 0.26 points higher to 197.29. The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 385,624 shares trading for US$177,283 up from 333,562 units at US$38,788 on Monday.
Trading averaged 77,125 units at US$35,457, up from 66,712 shares at US$7,758 on Monday. The month to date averages 72,181 units at US$16,597, in contrast to 71,384 units at US$13,556 on Monday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments lost 3.2 cents to close at 23 US cents trading 180,010 units, Sterling Investments fell 0.28 of a cent to 2.1 US cents, with 45,019 stocks changing hands. Sygnus Credit Investments fell 0.15 of a cent to end at 14.05 US cents after trading 10 stock units and Transjamaican Highway settled at 0.9 of a US cent with 32,585 shares crossing the exchnage.
In the preference segment, JMMB Group 6% shed 5 US cents in closing at US$1.05 after exchanging 128,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.