Fall for JSE USD market

Trading on Wednesday ended with the volume of shares changing hands declining below Tuesday’s level as the funds passing through the market dropped 51 percent at the close of the Jamaica Stock Exchange US dollar market. 
Five securities traded compared to six on Tuesday, with two rising, three declining and one ending unchanged. The JSE US Denominated Equities Index lost 5.42 points to end at 194.23.
PE Ratio is a measure used to compute appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
A total of 186,948 shares were traded for US$9,127 versus 207,934 units at US$18,809 on Tuesday. Trading averaged 37,390 units at US$1,825, compared to 34,656 shares at US$3,135 on Tuesday and the month to date averages 48,851 at US$5,211 versus 49,576 units at US$5,426  on Tuesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital USD share fell 0.39 of a cent in closing at 6.6 US cents in an exchange of 1,519 shares, Margaritaville gained 0.45 of a cent to close at 9.45 US cents trading 51,219 stock units, Proven Investments dropped 1.35 cents to end at 22.59 US cents, with 5,907 stocks clearing the market. Sygnus Credit Investments USD share lost 0.49 cents to end at 12.01 US cents in exchanging 18,300 units and Transjamaican Highway gained 0.01 of a cent to 0.87 of a US cent in switching ownership of 110,003 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.