Prices closed mixed on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market index rising after exchanging 35 percent fewer shares than on Monday.
At the close of the market, trading ended with four securities changing hands compared to five on Monday and ended with the prices of one rising, one declining and two remaining unchanged.
The JSE USD Equities Index rose 5.44 points to settle at 188.28. The average PE Ratio ended at 13.3 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 201,406 shares at US$1,935 compared to 390,138 units at US$11,832 on Monday.
Trading averaged 50,352 units changing hands at a mere US$484, in contrast to an average of 78,028 shares at US$2,366 on Monday. Month to date trading averaged 50,758 units at US$4,959 in contrast to 50,782 units at US$5,218 on Monday. By comparison, trading in October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment gained 0.05 of a cent and closed at 8.65 US cents in an exchange of 1,055 units, Productive Business Solutions remained at 66 US cents, with 51 units changing hands, Proven Investments lost 0.48 of a cent to end at 25.50 US cents, in trading 300 units and Transjamaican Highway remained at 0.85 of 1 US cent after a transfer of 200,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.