Volume picked up sharply for the second day in trading on the Jamaica Stock Exchange US dollar market on Thursday to be well ahead of the improved level on Wednesday.
Market activity resulted in four securities changing hands, with two stocks rising, with none declining and two left unchanged. Investors exchanged 1,628,728 units valued at $25,369, in contrast to just 990,048 units valued at $72,533 on Wednesday.
At the close, the market index gained 5.34 points to close at 194.31 and the PE ratio of the market ended with an average of 13 times 2020 earnings.
In trading, Margaritaville rose 1 US cent after exchanging 1,940 shares at 19 US cents, Proven Investments ended trading 34,758 shares at 24 US cents. Sygnus Credit Investments closed at 12.8 US cents in transferring 5,400 units and Trans Jamaican Highway inched higher by 0.14 of a cent at 1.05 US cents in exchanging 1,586,630 shares.
There was no trading in the US dollar preference segment of the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
