All gains no losses for JSE USD Market

Trading fell sharply on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks traded declining 65 percent with a 71 percent lower value than on Thursday, resulting in the exchange of three securities, down from six on Thursday with prices of all three rising.
The market closed with an exchange of 126,158 shares for US$2,541 compared to 363,724 units at US$8,719 on Thursday.
Trading averaged 42,053 shares at US$847 compared with 60,621 shares at US$1,453 on Thursday, with a month to date average of 137,725 shares at US$4,796 compared with 142,354 units at US$4,987 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index advanced 0.77 points to end at 233.55.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Proven Investments rallied 0.1 of a cent and ended at 10 US cents with investors trading 194 stock units, Sterling Investments popped 0.05 of one cent to 1.55 US cents with an exchange of 28,915 units and Transjamaican Highway advanced 0.12 of a cent to end at 2.19 US cents, with 97,049 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.