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.
At the close, the All Jamaican Composite Index dropped 2,513.76 points to 426,220.03, the Main Index lost 2,243.25 points to settle at 389,023.37 and the JSE Financial Index lost 0.58 points to close at 101.34.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 shares.
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.
At the close, the All Jamaican Composite Index climbed 2,008.23 points to 428,733.79, the Main Index advanced 1,833.71 points to 391,266.62 and the JSE Financial Index rose 0.41 points to 101.92.
Month to date trade averaged 302,986 units at $3,778,872, in contrast to 315,550 units at $3,916,179 on Monday. November averaged 623,120 units at $6,686,047.
Pulse Investments gained 35 cents to end at $4.71, with 255,000 shares changing hands, Sagicor Group rose $1.49 to $48.50, trading 32,896 stock units, Sterling Investments gained 39 cents to settle at $3.05, in an exchange of 314,500 shares. Supreme Ventures finished at $18, with gains of 50 cents and 78,024 shares crossing the exchange, Sygnus Credit Investments gained 31 cents to end at $16.20, after 67,770 shares cleared the market.
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.
At the close, the All Jamaican Composite Index lost 3,170.34 points to 426,725.56, the Main Index shed 2,802.34 points to 389,432.91 and the JSE Financial Index lost 0.79 points to settle at 101.51.
Trading for the day averaged 164,753 units at $1,129,937 for each security, compared to an average of 515,078 shares at $2,484,699 on Friday. Month to date trade averaged 315,550 units at $3,916,179, compared to 331,966 units at $4,219,492 on Friday. November averaged 623,120 units at $6,686,047.
Kingston Wharves fell $1.35 to $145.01, with 16,798 units crossing the exchange, 138 Student Living gained 43 cents to settle at $4.75, in exchanging 26,196 stock units, Palace Amusement dropped $200 to $1,100, in transferring 8 units. Pan Jam Investment dropped $4 to close at $62 after 5,631 units crossed the exchange, Pulse Investments shed 37 cents to $4.36 in trading 422,959 shares, Scotia Group fell $1.50 to $45 in an exchange of 25,605 stock units and Wisynco Group shed 33 cents to end at $16.10, with 78.736 shares crossing the exchange.
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, the All Jamaican Composite Index rose 1,581.20 points to 429,895.90, the Main Index advanced 1,446.63 points to 392,235.25 and the JSE Financial Index gained 0.10 points to settle at 102.30.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and seven with lower offers.
Scotia Group advanced by $5.09 to $46.50 after 6,231 stock units passed through the market, Seprod gained $2 to settle at $66, with an exchange of 10,394 stock units, Sterling Investments lost 34 cents to close at $2.56, as investors switched ownership of 1,076 units and Sygnus Credit Investments fell $1.16 to $15.94, with 429,283 shares changing hands.
Trading for the day averaged 112,844 units at $992,173 for each security, compared to an average of 95,691 shares at $922,175 on Wednesday. The average month to date trade is 309,597 units at $4,431,412 for each security, in contrast to 339,174 units at $4,948,422 on Wednesday. November averaged 623,120 units at $6,686,047.
138 Student Living gained 34 cents to end at $4.65, with 1,101 units trading, Palace Amusement dropped $100 in closing at $1,200, with 5 units passing through the market, Pan Jam Investment gained 39 cents to end at $64.39, with an exchange of 8,413 units. Sagicor Group fell by $2.49 to $47.01, with 32,983 shares crossing the exchange, Salada Foods shed 99 cents to close at $26.02 trading 500 units and Scotia Group declined by $2.59 to close at $41.41, in transferring 171,015 shares after the Group reported lower full-year profit than in 2019.