Busy trading for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 51 percent decline in the volume of stocks changing hands at 28 percent less value than on Friday, resulting in 14 securities traded, compared to nine on Friday with two rising, three declining and nine ending unchanged.
Investors exchanged 57,945 shares for US$9,558 compared to 117,261 units atUS$13,332 on Friday. Trading averaged 4,139 units at US$683, versus 13,029 shares at US$1,481 on Friday, with a month to date average of 50,781 shares at US$7,740 down from 54,622 units at US$8,321 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
The JSE US Denominated Equities Index gained 0.61 points to end at 214.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share ended unchanged at 4 US cents in switching ownership of 40,925 shares, Margaritaville remained at 14.99 US cents with an exchange of 12 stocks, MPC Caribbean Clean Energy ended at US$1.30 in an exchange of 67 stock units. Productive Business Solutions dipped 4.25 cents in closing at US$1.28 while exchanging 5,062 units, Proven Investments remained at 21.4 US cents, with 581 shares changing hands, Sterling Investments ended at 2.09 US cents after a transfer of 3,320 stocks. Sygnus Credit Investments USD share rallied 0.01 of a cent to 11.98 US cents with the swapping of 7,067 stock units, Sygnus Credit Investments Ja$ share remained at 13.23 US cents after trading 174 units, Sygnus Real Estate Finance USD share remained at 12.45 US cents after trading 629 stock units and Transjamaican Highway gained 0.05 of a cent to close at 0.95 of one US cent, with 92 units crossing the market.
In the preference segment, Equityline Mortgage Investment preference share ended unchanged at US$1.85, with a mere one stock clearing the market, JMMB Group 5.5% declined 10 cents to US$1.90 after exchanging one share. JMMB Group 5.75% ended at US$1.90 as investors exchanged three units and JMMB Group 6% lost 2 cents ending at US$1.08 with investors transferring 11 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.