Volume surge for JSE USD market

Trading closed down on Monday after more stocks declined than gained when the US dollar market of the Jamaica Stock Exchange closed after 21 times more shares changed hands than on Friday,
For the third consecutive day, trading ended with four securities changing hands at the close and ended with the prices of one stock rising, three declining and none remaining unchanged.
JSE USD Equity Index lost 0.74 points to end at 192.87. 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 1,029,883 shares, accounting for US$90,244 compared to 45,271 units at US$1,924 on Friday. Trading averaged 257,471 units at US$22,561, compared to an average of 11,318 shares at US$481 on Friday. Trading month to date ended at an average of 89,410 units for US$6,568 in contrast to 57,399 units at US$3,521 on Friday. By comparison, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator reading shows no stock ended with the bid higher than the last selling price and one with a lower offer.
At the close of the market, First Rock Capital Investment lost 0.01 of a cent to end at 8.89 US cents after trading 1,004,937 shares, Proven Investments dropped 2.69 cents to end at 23 US cents after exchanging 2,800 stocks. Sygnus Credit Investments rose half a cent to 17 US cents, with 254 stock units changing hands and Transjamaican Highway carved out a loss of 0.04 of a cent to settle at 0.9 of a US cent after 21,892 stocks crossed the market.

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

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