Trading on the US dollar Market dipped on Monday bellows Friday’s moderate levels of less than one million shares resulting from four securities changing hands, compared to three on Friday.
The market closed with the prices of two stocks advancing and two declining. Trading ended with 442,807 shares with a value of US$25,355 changing hands, in contrast to 701,862 shares at US$78,028 on Friday.
At the close, the market gained 0.87 points to 187.64. The PE ratio of the market closed with an average of 13 times IC Insider.com projected 2020 earnings.
At the close of market activity, First Rock Capital rose half a cent to 10.5 US cents, in exchanging 92,000 shares, Proven Investments closed at 23 US cents, after falling nine-tenth of a cent, after trading 52,965 stock units. Sterling Investments picked up four-tenths of a cent to end at 2.3 US cents in swapping 7,504 units and Trans Jamaican Highway lost one-tenth of a cent after transferring 290,338 shares to close at 0.91 of a US cent.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.