Gain for JSEUSD Market

Trading close on the Jamaica Stock Exchange US dollar market on Tuesday, with the volume of stocks traded rising 145 percent, valued 197 percent more than on Monday and resulting in nine securities traded, compared to 10 on Monday with stocks rising, declining and holding firm, sharing three each.
A total of 340,214 shares were traded for US$68,279, up from 138,969 units at US$22,959 on Monday. Trading averaged 37,802 units at US$7,587 compared to 13,897 shares at US$2,296 on Monday. Trading month to date averages 35,080 shares at US$6,157 versus 34,822 units at US$6,022 on the previous day. July averaged 49,665 units for US$3,449.
The JSE US Denominated Equities Index rose 3.07 points to end at 215.29.
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 up to August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended unchanged at 5 US cents after exchanging 10,561 shares, Margaritaville lost 0.98 cents in closing at 14 US cents, with 134 stocks changing hands and Productive Business Solutions shed 0.25 of a cent to close at US$1.32 in exchanging 176 stock units. Proven Investments dropped 0.81 of a cent to end at 21.2 US cents with the swapping of 312,596 units, Sygnus Credit Investments Jamaican dollar share after the last trading in late November last year, rose 0.17 of a cent to 13 US cents in exchanging three shares, Sygnus Credit Investments USD share popped 0.01 of a cent to 11.21 US cents, with 1,500 stock units changing hands and Transjamaican Highway advanced 0.12 of a cent to 0.98 of one US cent, with 14,939 stocks clearing the market.
In the preference segment, JMMB Group 5.75% remained at US$1.74 in switching ownership of one unit and JMMB Group 6% finished at US$1.10 while exchanging 304 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.