Four stocks fell and two held firm at the close of trading on Jamaica Stock Exchange US dollar market on Thursday, with the market declining after trading 736 percent more shares than on Wednesday.
Trading ended with six securities changing hands, versus seven on Wednesday and ended with no stock rising, four declining and two remained unchanged.
JSE USD equity index declined 6.22 points to 187.96. The average PE Ratio based on ICInsider.com’s forecast of 2020-21 earnings is 12.9.
The market closed with an exchange of 224,257 shares for US$7,035, up from 30,450 units, for a consideration of US$4,741 on Wednesday.
Trading averaged 37,376 units at US$1,173, in contrast to an average of 4,350 shares at US$677 on Wednesday. Trading averaged 60,320 units for the month to date at US$8,856 in contrast to 62,735 units at US$9,664 on Wednesday. By comparison, November ended with an average of 51,134 units at US$4,516 each.
Investor’s Choice bid-offer indicator reading shows no stock ending with the bid higher than the last selling prices and two with lower offers.
At the close of the market, First Rock Capital Investment remained at 9 US cents in trading 2,093 shares, 
Margaritaville remained at 11 US cents, with 1,500 stock units changing hands, Proven Investments lost 1.98 cents to end at 24.01 US cents in trading 16,149 stocks. Sterling Investments fell 0.38 of a cent in ending at 2 US cents with an exchange of 36,044 units, Sygnus Credit Investments shed 0.3 US cents in closing at 15.7 US cents, trading 2,626 stocks and Transjamaican Highway declined by 0.14 of a cent in ending at 0.81 of a US cent and clearing the market with 165,845 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The JSE USD equity index climbed 7.35 points to 194.18, while the average PE Ratio ended at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close of the market, First Rock Capital Investment gained half of a cent to close at 9 US cents in exchanging 5,730 shares, Margaritaville remained at 11 US cents, with the trading of 282 units, Proven Investments held firm at 25.99 US cents after an exchange of 4,314 stock units. Sterling Investments lost 0.02 of a cent to end at 2.38 US cents, with investors swapping 2,924 units, Sygnus Credit Investments closed at 16 US cents in trading 9,000 stock units and Transjamaican Highway ended at 0.95 of a US cent, after exchanging 6,700 shares.
Similar to trading on Monday, five securities changed hands on Tuesday and ended with the prices of four stocks rising, none declining and one remaining unchanged.
At the close of the market, MPC Caribbean Clean Energy ended at US$1.15 trading 359 shares, Proven Investments gained 1.99 US cents to end at 25.99 US cents, with an exchange of 13,131 stock units, Sterling Investments gained 0.4 of a cent to end at 2.4 US cents, in transferring 20,000 shares. Sygnus Credit Investments increased by 1.99 cents to 16 US cents, with 1,112 units crossing the market and Transjamaican Highway carved out a gain of 0.01 of a cent to close at 0.95 of a US cent, with investors switching ownership of 110,000 shares.
The JSE USD equity index fell 3.29 points to settle at 184.26. The average PE Ratio ended at 13 based on ICInsider.com forecast of 2020-21 earnings.
Proven Investments shed 1.97 US cents to close at 24 US cents, in trading 285,385 shares. Sterling Investments lost 0.35 of a cent to settle at 2 US cents, with 28,000 stock units changing hands and Sygnus Credit Investments declined by 1.79 US cents to close at 14.01 US cents, with 1,392,648 shares crossing the exchange after the company posted details of its public share offer, with existing shareholders entitled to purchase shares as low as $14.70 each.
Trading ended with six securities changing hands, compared to three on Thursday and ended with the price of one stock rising, three declining and two remaining unchanged.
At the close of the market, Productive Business Solutions shed 18 cents in ending at 66 US cents, in an exchange of 95,356 shares, Proven Investments dropped 0.01 of a cent in closing at 25.97 US cents after trading 50,809 stock units, Sterling Investments closed at 2.35 US cents, with 21,196 shares changing hands. Sygnus Credit Investments dropped 1.20 cents to settle at 15.80 US cents, trading 58,948 shares and Transjamaican Highway gained 0.14 US cents to close at 0.94 US cents after exchanging 10 units.
At the close of the market, First Rock Capital Investment lost 0.2 of a cent to 8.8 US cents trading 3,000 shares, Proven Investments gained 0.11 of a cent to close at 25.98 US cents in exchanging 8,769 stock units and Transjamaican Highway shed 0.10 of a cent to close at 0.8 US cents, with 140,000 shares changing hands.
Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment closed at 9 US cents trading a mere 250 shares, Proven Investments closed at 25.87 US cents with 2,930 stocks changing hands, Sygnus Credit Investments settled at 17 US cents in exchanging 29,056 stock units.
Trading ended with four securities changing hands, compared to five on Friday resulting in the prices of two stocks rising, none declining and two remaining unchanged.
Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and two with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents with an exchange of 200 shares, Margaritaville remained at 13 cents with the trading of 3,500 stocks, Proven Investments rose 1.87 cents to close at 25.87 US cents, with an exchange of 21,245 stocks and Sygnus Credit Investments carved out a gain of 0.099 of a cent to settle at 16.99 US cents in trading 204,503 stocks.