All JSE USD traded stocks fall

All stocks trading on the Jamaica Stock Exchange US dollar market closed lower on Tuesday, following a sharp 419 percent jump in the volume of stocks traded with a 3 percent rise in value than on Monday, from trading of nine stocks.
The market closed with an exchange of 559,013 shares for US$47,507 up from 107,733 units at US$45,990 on Monday.
Trading averaged 111,803 shares at US$9,501 compared to 11,970 stocks for US$5,110 on Monday, with a month to date average of 165,724 units at US$5,376 compared with 171,852 shares at US$4,908 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index inched 1.07 points higher to close at 236.55.
The PE Ratio, one of the most popular measures used to determine appropriate stock values, averages 8.1. 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 four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Proven Investments shed 0.05 of a cent to finish at 9.95 US cents with investors trading 9,540 stock units, Sygnus Credit Investments fell 0.01 of a cent and ended at 6.99 US cents after an exchange of 39,083 units and Transjamaican Highway declined 0.13 of one cent to 2 US cents with 479,414 shares crossing the market.
In the preference segment, JMMB Group US8.5% preference share sank 5 cents to close at US$1.05 as investors exchanged 30,921 stock units and Sygnus Credit Investments E8.5% skidded 78.89 cents in closing at US$9.5011 in trading 55 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.