The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after investors traded 26 percent fewer shares than on Tuesday, resulting in stock rising in price at the close.
The JSE USD Market volume contracts.
At the close of the market, trading ended with four securities changing hands compared to three on Tuesday, with the prices of no stocks rising, one declining and three remaining unchanged.
The JSE USD Equities Index fell 0.42 points to 186.40, with the average PE Ratio ending at 12.7 based on IC Insider.com forecast of 2020-21 earnings. The market closed with an exchange of 33,794 shares for US$3,639 compared to 45,626 units at US$8,475 on Tuesday.
The average trade for the day amounted to 8,449 units changing hands at US$910, in contrast to an average of 15,209 shares at US$2,825 on Tuesday. Trading ended, with an average of 11,346 units for the month to date at US$1,731. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 
two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment lost 0.92 of a US cent in closing at 8.03 US cents, with 4,000 units, Proven Investments remained at 24 US cents after exchanging 10,944 stock shares. Sygnus Credit Investments lost two-tenths of a cent in closing at 13.5 US cents with investors swapping 3,850 units and Transjamaican Highway slipped 0.01 of a cent and closed at 0.9 US cent, with 15,000 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
