Gain for JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 72 percent and valued 17 percent less than on Wednesday, resulting in eight securities trading, compared to 10 on Wednesday with prices of three rising, one declining and four ending unchanged.
Overall, 182,299 shares were traded for US$15,525, down from 653,653 units at US$18,774 on Wednesday.
Trading averaged 22,787 units at US$1,941 compared with 65,365 shares at US$1,877 on Wednesday, with a month to date average of 51,620 shares at US$5,255 versus 54,399 units at US$5,574 on the previous day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index added 1.18 points to end at 205.12.
The PE Ratio, a measure used in computing appropriate stock values, averages 8. 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 one stock ended with a higher bid than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents with the swapping of 149,648 shares, MPC Caribbean Clean Energy ended at US$1 in switching ownership of 13 units, Productive Business Solutions ended at US$1.3225 in an exchange of two stock units. Proven Investments climbed 1.5 cents to close at 22 US cents after exchanging 15,521 stocks, Sterling Investments remained at 2.09 US cents after just three shares crossed the market, Sygnus Credit Investments J$ share increased 1.2 cents to end at 13.2 US cents with an exchange of 800 stocks and Sygnus Credit Investments USD share declined 1.79 cents to close at 11.2 US cents in exchanging 11,808 stock units.
In the preference segment, JMMB Group 6% rose 2 cents to end at US$1.07 as investors exchanged 4,504 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.