The few stocks trading on Monday closed with unchanged prices on the US dollar market of the Jamaica Stock Exchange, with the market index closing unchanged after 34 percent fewer shares changed hands with a 91 percent fall in value than Friday.
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.
The market closed with an exchange of 54,899 shares, at US$716 compared to 83,576 units at US$7,818 on Friday.
Trading averaged 18,300 units changing hands at US$239, in contrast to an average of 13,929 shares at US$1,303 on Friday. Trading ended with an average of 54,703 units for the month to date at US$7,867 in contrast to 56,286 units at US$8,199 on the prior trading day. By comparison, November ended with an average of 51,134 units for US$4,516.
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.
At the close of trading, Margaritaville ended at 11 US cents trading 2,000 shares, Sygnus Credit Investments traded 100 stocks at 15.7 US cents and Transjamaican Highway closed at 0.91 of a US cent with investors switching ownership of 52,799 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.