Depressed JSE USD Market trading

Trading continues at paltry levels on the Jamaica Stock Exchange US dollar market on Tuesday, following extremely low trading activity on Monday with the volume of stocks exchanged rising 242 percent with 91 percent lower value than on Monday, resulting in trading in just two securities, down from four on Monday with prices of one rising and one ending unchanged.
The market closed with an exchange of 21,979 shares for a mere US$501 compared to 6,425 units at US$5,351 on Monday.
Trading averaged 10,990 units at US$251 versus 1,606 shares at US$1,338 on Monday, with a month to date average of 4,734 shares at US$975 compared with June with an average of 53,325 units for US$3,682.
The US Denominated Equities Index climbed 0.29 points to end at 237.09.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling and four with lower offers.
At the close of trading, Proven Investments ended at 13 US cents in trading 516 units and Transjamaican Highway gained 0.01 of a cent to end at 2.1 US cents in an exchange of 21,463 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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