The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after 13 percent more shares were traded than on Tuesday, resulting in more stocks falling than rising.
At the close of the market, trading ended with three securities changing hands than five on Tuesday and ended with the prices of one stock rising, two declining and none traded unchanged.
The JSE USD Equities Index lost 5.99 points to settle at 188.28. The average Ratio ended at 13.7 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 108,539 shares, accounting for US$11,424 compared to 95,954 units at US$1,869 on Tuesday. The average trade amounted to 36,180 units changing hands at US$3,808, in contrast to an average of 19,191 shares at US$374 on Tuesday. Trading averages 19,074 units for the month to date at US$1,980, in contrast to 15,127 units at US$1,558. Compared, October ended with an average of 697,808 units for US$17,320.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ending with a higher bid than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Investment gained 0.01 of a cent to close at 8.65 US cents trading 70,436 shares, Proven Investments shed 2.84 US cents to end at 23.16 US cents, after crossing the exchange with 2,817 units and Sygnus Credit Investments fell 0.49 of a cent and settled at 13 US cents after exchanging 35,286 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.