Trading on the US dollar market of the Jamaica Stock Exchange ended on Tuesday, with the volume of stocks changing hands just rising above that on Monday with a 35 percent lower value and resulted in seven securities being traded, compared to six on Monday with one rising, one declining and five ending unchanged.
Overall, 195,527 shares were traded for US$19,530 compared to 193,702 units at US$30,250 on Monday.
Trading on Tuesday averaged 27,932 shares at US$2,790 compared to 32,284 units at US$5,042 on Monday, with a month to date average of 24,174 shares at US$2,992 compared with 22,150 units at US$3,100 on the previous day. August ended with an average of 57,291 units for US$4,251.
The US Denominated Equities Index skidded 2.20 points to 243.26.
PE Ratios are tools used in computing appropriate stock values, with an average of 8.8 for the JSE USD Market. The PE ratios for the market are computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 42,000 shares crossing the market, 
MPC Caribbean Clean Energy ended at 54 US cents with 901 stocks changing hands, Proven Investments ended at 14.5 US cents after 107,839 shares were traded, Sterling Investments ended at 1.9 US cents in trading 1,048 units. Sygnus Credit Investments rose 0.78 of one cent to close at 9.98 US cents with stakeholders trading 11,950 units, Sygnus Real Estate Finance USD share remained at 10 US cents with 199 shares changing hands and Transjamaican Highway fell 0.05 of a cent to end at 1.69 US cents, with 31,590 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fallen JSE USD Market
September 5, 2023 by
