Fewer $$s passed through JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with a 78 percent increase in the volume of stocks exchanged rising with a 77 percent lower value than on Wednesday, resulting in trading in eight securities, similar to Wednesday with prices of one rising, six declining and one ending unchanged.
The market closed with an exchange of 245,101 shares for US$5,275 compared to 137,354 units at US$22,495 on Wednesday.
Trading averaged 30,638 units at US$659 compared to 17,169 shares at US$2,812 on Wednesday, with a month to date average of 44,733 shares at US$3,256 compared with 45,696 units at US$3,434 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index skidded 1.23 points to lock up trading at 235.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed 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 one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Real Estate USD share ended at 4 US cents as investors exchanged 7,595 stock units, MPC Caribbean Clean Energy dipped 0.01 of a cent in closing at 63.99 US cents with 100 shares changing hands, Proven Investments fell 0.55 of one cent to 12.45 US cents in an exchange of 912 units. Sterling Investments dipped 0.01 of a cent and ended at 1.53 US cents with 8,930 stock units crossing the market, Sygnus Credit Investments rose 1 cent to finish at 7 US cents in an exchange of 1,829 units, Sygnus Real Estate Finance USD share shed 0.87 of one cent to close at 10.12 US cents after 196 stocks passed through the market and Transjamaican Highway declined 0.02 of a cent to 1.98 US cents after 225,515 shares crossed the exchange.
In the preference segment, JMMB Group 5.75% lost 5 cents to end at US$1.80, with a transfer of 24 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.