Transjamaican pushes trading

The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market rising after the trading of 7,968 percent more shares than on Tuesday, resulting in just one stock recording a price change. 
Two securities changed hands at the close of the market compared to three on Tuesday and ended with the price just one stock rising and one remaining unchanged.
The JSE USD Equities Index, gained 2.61 points to settle at 198.15, with the average PE Ratio ending at 12.9  based on the IC’s forecast of 2020-21 earnings.
The market closed with an exchange of 46,796,026 shares, accounting for US$467,983 compared to 580,012 units at US$14,354 on Tuesday.
The average trade for the day amounted to 23,398,013 units changing hands at  US$233,991, in contrast to an average of 193,337 shares at US$4,785  on Tuesday. Trading ended, with an average of 1,453,375  units for the month to date at US$24,000 in contrast to 199,396 units at US$12,001. By comparison, September ended with an average of 84,017  units for US$10,590. 
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments closed at 27 US cents with an exchange of 4,072 shares and Transjamaican Highway rose 0.014 of a cent to close at 0.95 of a US cent trading  46,791,954 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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