Trading fell on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market Index inching higher after the trading of 78 percent fewer shares than on Monday.
Trading ended with four securities changing hands, compared to six on Monday and closed with the prices of three stocks rising, none declining and one remaining unchanged.
The JSE USD Equity Index gained 1.63 points to end at 191.07. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 51,128 shares, accounting for US$48,835 compared to 233,146 units at US$14,502 on Monday.
Trading averaged 12,782 units changing hands at US$12,209, in contrast to an average of 38,858 shares at US$2,417 on Monday. Trading ended with an average of 28,427 units for the month to date at US$6,334. Trading in December averaged 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and one with lower offers.
At the close, Proven Investments gained 1 cent to settle at 25 US cents, with an exchange of 1,718 stock units and Sygnus Credit Investments rose 0.95 of a cent to end at 16.95 US cents trading 2,700 units.
In the preference segment, JMMB Group 5.75% closed at US$2, exchanging 335 units and JMMB Group 6% gained 2 cents to settle at US$1.02, after trading 46,375 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with six securities changing hands, similar to trading on Thursday and ended with the prices of three stocks rising, one declining and two remaining unchanged.
At the close of trading, First Rock Capital Investment rose 1.18 cents in closing at 8.99 US cents, clearing the market with 11,785 shares, Margaritaville rose 1 cent to close at 11 US cents trading 951 stocks, Productive Business Solutions carved out a gain of 4 cents and ending at 79 US cents crossing through the exchange 1,500 shares. Proven Investments shed 1.9 cents to settle at 24 US cents in an exchange of 4,132 stocks, Sygnus Credit Investments settled at 16 US cents in trading 61,789 stocks and Transjamaican Highway settled at 0.83 US cents after exchanging 152,989 shares.
The market closed for a second consecutive day with six securities changing hands at the close and ending with prices of five declining and one remaining unchanged.
At the close, First Rock Capital Investment declined by 1.18 cents in closing at 7.81 US cents after exchanging 33,000 shares, Productive Business Solutions fell 6 cents in closing at 75 US cents after trading 1,000 units, Proven Investments declined by 0.8 of a cent to 25.9 US cents 153,408 stock units crossing the market. Sterling Investments declined 0.38 of a cent to 2 US cents after an exchange of 62,700 shares, Sygnus Credit Investments remained at 16 US cents in trading 18,490 stocks and Transjamaican Highway declined by 0.07 of a cent to 0.83 of a US cent with 258,716 units.
Trading ended with six securities changing hands at the close, compared to seven on Tuesday and ended with the prices of two stocks rising, three declining and one remaining unchanged.
At the close of the market, MPC Caribbean Clean Energy slipped 1 cent to US$1.14 after exchanging 341 shares, Productive Business Solutions advanced 15 cents to end at 81 US cents in exchanging 11,458 stock units, Proven Investments dropped 0.27 of a cent to settle at 26.7 US cents after exchanging 53,640 shares. Sterling Investments closed at 2.38 US cents with investors swapping 809 units, Sygnus Credit Investments climbed 2 US cents to 16 US cents trading 5,000 stock units and Transjamaican Highway shed 0.05 of a cent to settle at 0.9 US cents with an exchange of 12,850 stock units.
At the market close, First Rock Capital Investment lost 0.01 of a cent to close at 8.99 US cents in trading 24 shares, Proven Investments advanced 0.97 of a cent to close at 26.97 US cents after exchanging 672 units, Sterling Investments gained 0.01 of a cent to 2.38 US cents with an exchange of 4,170 stocks. Sygnus Credit Investments fell 2.49 cents to 14 US cents in an exchange of 30,317 stock units, Transjamaican Highway lost 0.02 of a cent in closing at 0.95 US cents in trading 13,678 stocks.
At the close of trading, First Rock Capital Investment carved out a gain of 1 US cents to close at 9 US cents after finishing trading 4,572 shares, Margaritaville lost 1 cent in ending at a 52 weeks’ low of 10 US cents in exchanging 60,806 stock units. Proven Investments gained 0.02 of a cent to close at 26 US cents after trading 70,930 stock units, Sterling Investments shed 0.01 of a cent to close at 2.37 US cents while trading 4,070 stocks, Sygnus Credit Investments shed 0.07 of a cent to end at 16.49 US cents, with just two stocks changing hands and Transjamaican Highway remained at 0.97 of a US cent while trading 120,600 stock units.
This week’s focus: The long awaited initial public offer of shares by
The top three stocks in the Junior Market with the potential to gain between 220 to 350 percent by March 2021 are Caribbean Producers, followed by Elite Diagnostic and 
The Main Market TOP 10 stocks trade at a PE of 9.3 or 57 percent of the PE of that market.
Trading ended with six securities changing hands at the close, versus seven on Wednesday and ended with the prices of two stocks rising, four declining.
At the close of the market, First Rock Capital Investment fell 1 cent to end at 8 US cents trading 50,000 shares, Proven Investments gained 0.09 of a cent to settle at 25.98 US cents after exchanging 1,020 units. Sygnus Credit Investments rose 0.86 of a cent to 16.56 US cents with investors swapping 2 stock units and Transjamaican Highway fell 0.01 cent in closing at 0.97 of a US cent with an exchange of 175,151 stock units.
The market closed with seven securities changing hands, up from three on Tuesday, with three stocks rising, two declining and two remaining unchanged.
At the close of the market, Rock Capital Investment rose 1 cent to end at 9 US cents in trading 9,962 shares, Productive Business Solutions closed at 66 US cents with an exchange of 52 stocks, Proven Investments dropped 0.04 of a cent to close at 25.89 US cents in exchanging 52,945 stocks. Sterling Investments rose 0.28 of a cent in closing at 2.38 US cents, trading 100 units, Sygnus Credit Investments ended at 15.7 US cents while exchanging 839 units, Transjamaican Highway climbed 0.06 of a cent in closing at 0.98 of a US cent with 995,361 stock units changing hands.
Only three securities changed hands versus six on Friday. At the close, the JSE USD equity index was unchanged at 190.78 points. The average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading shows no stock ended with bids higher than their last selling prices and one with a lower offer.