Decline for JSE USD stocks

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands rising 425 percent with a 55 percent increase in value compared with that on Tuesday, resulting in 10 securities trading, the same as Tuesday and ended with three rising, four declining and three ending unchanged.
Overall, 278,175 shares were traded for US$7,682 compared with 52,982 units at US$4,956 on Tuesday.
Trading averaged 27,818 units at US$768, versus 5,298 shares at US$496 on Tuesday, with month to date average of 24,797 shares at US$1,310 compared with 23,958 units at US$1,461 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index fell 5.36 points to end at 224.79.
The PE Ratio, a measure used to compute appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one stock with a lower offer.
At the close of the market, First Rock Real Estate USD share declined 0.01 of a cent in ending at 7.18 US cents in an exchange of 4,058 shares, MPC Caribbean Clean Energy ended at 63 US cents while trading seven units, Productive Business Solutions remained at US$1.70 with investors transferring nine stocks. Proven Investments dipped 1.32 cents to 18.52 US cents, with an exchange of 290 stock units, Sterling Investments rose 0.02 of a cent to 2.11 US cents with a transfer of 15,264 shares, Sygnus Credit Investments USD share shed 0.59 of one cent to 9.4 US cents, with 50,187 units crossing the market and Transjamaican Highway lost 0.01 of a cent to close at 0.95 of one US cent in trading 208,341 stocks.
In the preference segment, Productive Business 9.25% preference share ended at US$11.10 with the swapping of 10 stock units, Eppley 6% preference share rose 2 cents to US$1.15, with four units clearing the market and JMMB Group 6% advanced 1 cent to end at US$1.03 in exchanging five stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.