Trading activity eases on JSE USD market

Trading pulled back on Tuesday from the heightened levels of Monday on the US dollar market of the Jamaica Stock Exchange, with the market index declining after trading 74 percent fewer shares than on Monday. 
Trading ended with five securities changing hands compared to eight on Monday and closed with prices of two rising, one declining and two remaining unchanged.
The JSE USD Equities Index dipped 3.59 points to 186.75. The average PE Ratio ended at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw an exchange of 146,929 shares, for US$26,156 compared to  555,393 units at US$24,950 on Monday. Trading averaged 29,386 units at US$5,231, in contrast to an average of 69,424 shares at US$3,119 on Monday. Trading ended with an average of 51,134 units at US$4,516 for November.
Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents, in trading 31 shares, Proven Investments lost 1.99 cents and ended at 24 US cents, after exchanging 75,413 shares, Sterling Investments lost half a cent to end at 2.45 US cents, with 5,000 stock units changing hands. Sygnus Credit Investments gained one-tenth of a cent to end at 16.6 US cents, in crossing the market with 47,956 shares and Transjamaican Highway ended at 0.90 of a US cent,  trading 18,529 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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