Broadened trading on JSE USD market

Trading spread to nine stocks at the close of the JSE US market on Tuesday, up from five on Monday, leading the market to a mild gain at the close JSE USD Equity Index gained 2.01 points to end at 201.25 on the Jamaica Stock Exchange US dollar market.
Trading ended with nine securities changing hands, compared to five on Monday, with prices of two rising, four declining and three remaining unchanged. The average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed after trading 58 fewer shares than on Monday with an exchange of 216,610 shares, for US$36,569, down from 520,461 units at US$80,702 on Monday.
Trading averaged 24,068 units at US$4,063, in contrast to 104,092 shares at US$16,140 on Monday. Trading averaged 56,990 units for the month to date at US$11,150 in contrast to 60,648 units at US$11,937 on Monday. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, First Rock Capital traded 3,939 shares at 8.9 US cents, Margaritaville settled at 10 US cents after trading at 52 weeks’ intraday low of 9 cents and exchanging 968 shares, MPC Caribbean Clean Energy rose 1 US cents to  US$1.10, with 500 shares changing hands.  Proven Investments lost 0.01 of a cent to 24.98 US cents, with 10,059 units changing hands, Sterling Investments fell 0.01 of one cent to close at 1.99 US cents after exchanging 25,128 shares, Sygnus Credit Investments remained at 14 US cents in trading23,991 shares and Transjamaican Highway lost 0.01 of a cent to close at 0.89 US cents with an exchange of134,525 stock units.
In the preference segment, JMMB Group 5.75% gained 1 cent to close at US$2.03 in switching ownership of 10,000 units and JMMB Group 6% fell 8 cents to US$1.02 in trading7,500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.