Flat trading on JSE USD market

The Jamaica Stock Exchange US dollar market closed Thursday, with no change to the market index following activities that led to the volume of stocks changing hands falling 12 percent with a 170 percent increase in value than on Wednesday, resulting in trading of 11 securities, compared to seven on Wednesday with five rising, three declining and three ending unchanged.
A total of 40,710 shares were traded for US$9,508 compared to 46,347 units at US$3,524 on Wednesday.
Trading averaged 3,701 units at US$864 versus 6,621 shares at US$503 on Wednesday, with month to date average of 41,747 shares at US$966 compared with 71,640 units at US$1,047 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index ended unchanged at 233.85 points.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close, First Rock Real Estate USD share gained 0.1 of a cent in closing at 7.7 US cents with 150 shares changing hands, Margaritaville ended at 14 US cents with a transfer of 708 units, MPC Caribbean Clean Energy popped 4 cents to close at 65 US cents with an exchange of 2,501 stock units. Productive Business Solutions fell 0.01 of one cent to US$1.8039 with 100 stocks clearing the market, Proven Investments lost 0.79 of one cent in ending at 18.51 US cents after trading 15,867 shares, Sterling Investments rose 0.11 of a cent to close at 2.08 US cents with the swapping of 61 stocks. Sygnus Credit Investments J$ share remained at 13.62 US cents after 30 stock units passed through the market, Sygnus Credit Investments USD share ended at 9.99 US cents with 183 units changing hands and Transjamaican Highway gained 0.02 of a cent to end at 0.97 of one US cent after exchanging 20,744 units.
In the preference segment, Productive Business 9.25% preference share popped 95 cents to US$12 with an exchange of 365 stock units and Eppley 6% preference share dipped 1 cent and ended at US$1.07 after a transfer of one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.