The volume of stocks trading on the Jamaica Stock Exchange US dollar market closed trading on Wednesday, with a sharp fall in the value exchanged after 99 percent more shares traded than on Tuesday.
Trading ended with three securities changing hands at the close compared to four on Tuesday and closed with the prices of two declining, none rising and one remaining unchanged.
The JSE USD Equity Index declined by 0.25 points to end at 190.82. The average PE Ratio ended at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 101,863 shares accounting for US$1,194 compared to 51,128 units at US$48,835 on Tuesday.
Trading averaged 33,954 units at US$398, in contrast to an average of 12,782 shares at US$12,209 on Tuesday. Trading for the month to date averaged 29,703 units at US$4,964, compared to 28,427 units at US$6,334 on the prior trading day. December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Proven Investments declined by 0.1 of a cent to close at 24.9 US cents, in trading 763 units, Sygnus Credit Investments shed 0.45 of a cent to close at 16.5 US cents, with 1,000 units crossing the market and Transjamaican Highway remained at 0.83 of a US cent, in exchanging 100,100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
