The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market slipping after trading 69 percent more shares than on Monday, resulting in slightly more stocks rising than falling.
For the second consecutive day, three stocks changed hands at the close and ended with the prices of two stocks rising and one declining. The JSE USD equity index lost 0.11 points to end at 190.67.
The market closed with an exchange of 93,030 shares, at US$4,805 versus 54,899 units at US$716 on Monday.
The average PE Ratio ended on Tuesday at 13.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading averaged 31,010 units changing hands at US$1,602, in contrast to an average of 18,300 shares at US$239 on Monday. Trading ended with an average of 53,756 units for the month to date at US$7,616 in contrast to 54,703 units at US$7,867 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 shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of trading, First Rock Capital Investment carved out a loss of 0.8 of a cent to close at 8 US cents in trading 50,048 shares, Proven Investments rose 0.13 of a cent to 25.93 US cents, with 787 stock units changing hands and Transjamaican Highway gained 0.01 of a cent to settle at 0.92 of a US cent, with 42,195 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
