Gain for JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands declining 69 percent valued 12 percent more than on Thursday, resulting from nine securities trading up from four on Thursday with five rising, one declining and three ending unchanged.
A total of 58,857 shares were traded for US$5,115 compared with 192,307 units at US$4,553 on Thursday.
Trading averaged 6,540 units at US$568 versus 48,077 shares at US$1,138 on Thursday, with month to date average of 24,847 shares at US$1,135 compared to 26,881 units at US$1,198 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 2.56 points to end at 231.39.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 ending with a bid higher than the last selling prices and none with a lower offer.
At the close, Productive Business Solutions climbed 25.5 cents to US$1.955, with 1,502 shares crossing the market, Proven Investments rose 0.05 of a cent in ending at 19 US cents after 7,252 stocks were traded, Sygnus Credit Investments J$ share ended at 13.62 US cents after four stock units crossed the exchange. Sygnus Credit Investments USD share remained at 10 US cents as 19 units passed through the market, Sygnus Real Estate Finance USD share gained 1.54 cents in closing at 12.54 US cents and trading 15 units and Transjamaican Highway fell 0.04 of a cent in closing at 0.94 of one US cent after exchanging 50,000 shares.
In the preference segment, Productive Business 9.25% preference share popped 90 cents to close at US$12 with the swapping of 50 stocks, Equityline Mortgage Investment preference share remained at US$1.67 with an exchange of one stock unit and JMMB Group 5.75% advanced 5 cents to end at US$2, with 14 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.