Trading slipped on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands declining 88 percent with a 27 percent more value than on Wednesday, resulting in seven securities trading, compared to nine on Wednesday, with three rising, two declining and two ending unchanged.
Overall, 122,385 shares were traded for US$18,559 compared with 1,042,369 units at US$14,647 on Wednesday.
Trading averaged 17,484 units at US$2,651 versus 115,819 shares at US$1,627 on Wednesday, with a month to date average of 41,212 shares at US$1,135 compared to 47,363 units at US$742 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index fell 0.47 points to 224.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville rose 0.07 of a cent to 11.47 US cents, with 725 shares crossing the market, Productive Business Solutions popped 5 cents to end at US$1.80 after exchanging 306 units, 
Proven Investments remained at 17 US cents after transferring 2,340 stock units. Sterling Investments ended at 1.9 US cents after exchanging 31,455 stocks, Sygnus Credit Investments dipped 0.38 of a cent to 9.04 US cents after an exchange of 8,600 shares and Transjamaican Highway dipped 0.11 of a cent to close at 1.1 US cents 66,413 stocks changing hands.
In the preference segment, JMMB Group 6% rose 16 cents to US$1.23 after trading 12,546 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Down volume for JSE USD Market
May 4, 2023 by
