Bounce for JSE USD market

Trading ended on Tuesday, with the volume of shares changing hands declining by 84 percent, with 62 percent lower value than on Monday, on the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than declining.
Seven securities changed hands, compared to four on Monday with three rising, one declining and three ending unchanged. The JSE US Denominated Equities Index rose 1.11 points to 200.04.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of  389,225 shares traded for US$21,224 down from 2,476,312 units at US$55,475 on Monday. Trading averaged 55,604 units at US$3,032, compared to 619,078 shares at US$13,869 on Monday. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share finished at 7 US cents trading 26,800 shares, Proven Investments rose 1.93 cents to end at 22.93 US cents after exchanging 941 units, Sterling Investments remained at 2.1 US cents, with 10,000 stocks crossing the market. Sygnus Credit Investments USD share popped 0.99 of a cent after ending at 12.99 US cents in trading 17,550 stock units and Transjamaican Highway dropped 0.06 of a cent in closing at 0.89 US cents after an exchange of 325,234 shares.
In the preference segment, JMMB Group 5.75% ended unchanged at US$2.09 after switching ownership of 4,200 stocks and JMMB Group 6% increased 13 cents in closing at US$1.15 with the swapping of 4,500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.