The US dollar market of the Jamaica Stock Exchange declined at the closed of trading on Monday, with the JSE USD Equities Index falling 4.87 points to settle at 183.91 after just three securities changed hands, to four on Friday as the volume jumped 3,500 percent.
At the close of the market, the prices of one stock rose and two declined. The average PE Ratio of the market ended at 13.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,684,769 shares, accounting for US$20,156 compared to 46,025 shares, accounting for US$13,692 on Friday.
The average trade of 561,590 units changing hands at US$6,719 on Monday, in contrast to an average of 11,506 shares at US$3,423 on Friday. Trading for the month to date ended at an average of 73,027 units for US$3,993 in contrast to 43,114 units at US$3,826 on Friday. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and none closed with lower offers.
At the close of the market, First Rock Capital Investment lost one-tenth of a cent and ended at 8.9 US cents and finishing trading of 2,000 shares. Proven Investments gained half of a cent to close at 24.5 US cents, with 24,783 stocks clearing the market and Transjamaican Highway lost 0.06 of a cent to close at 0.85 of a US cent, with 1,657,986 stock units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
