Nearly eight times the number of shares traded on Wednesday than Thursday, resulting in an even number of stocks rising and falling on the US dollar market of the Jamaica Stock Exchange, with the market declining at the close.
Trading ended with four securities changing hands, up from three on Wednesday and closed with the prices of two stocks rising and two declining.
The JSE USD equity index shed 1.83 points to close at 188.99. The average PE Ratio ended at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 773,965 shares accounting for US$7,492 compared to 101,863 units at US$1,194 on Wednesday.
Trading averaged 193,491 units changing hands at US$1,873, in contrast to an average of 33,954 shares at US$398 on Wednesday. Trading month to date, averaged 68,241 units at US$4,237, in contrast to 29,703 units at US$4,964 on Wednesday. December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator reading shows no stock ending with bids higher than their last selling prices or with lower offers.
At the close of trading, First Rock Capital Investments fell by 0.01 of a cent to end at 8.98 US cents, in exchanging 102 units, Proven Investments declined by 2.89 cents to close at 22.01 US cents, after clearing the market with 3,240 units, Sterling Investments rose 0.38 US cents to settle at 2.38 US cents, in crossing the exchange with 12,910 stock units and Transjamaican Highway gained 0.11 cents to close at 0.94 US cents, with the swapping of 757,713 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.