The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market rising after trading 91 percent fewer shares than on Wednesday, resulting in an even number more stocks falling than rising.
Trading ended with four securities, compared to five on Wednesday and ended with the prices of one stock rising, three declining and none closing unchanged.
JSE USD Equity Index gained 0.78 points to 201.77. The average PE Ratio ends at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 81,503 shares, for US$14,441 compared to 914,622 units at US$23,513 on Wednesday. Trading averaged 20,376 units at US$3,610, in contrast to 182,924 shares at US$4,703 on Wednesday. Trading averaged 126,153 units for the month to date at US$16,040 in contrast to 130,961 units at US$16,605 on Wednesday. In contrast, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with a lower offer. At the close of the market, First Rock Capital Investments gained 0.05 of a cent to close at 8.75 US cents after switching ownership of 227 units, Proven Investments lost 0.01 of a cent to close at 26.99 US cents in trading 39,479 units. Sygnus Credit Investments declined 0.05 of a cent to close at 16.2 US cents, with 24,700 units crossing the exchange and Transjamaican Highway fell 0.03 of a cent to close at 0.96 of a US cent with 17,097 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.