Gains for JSE USD market

Trading ended on Wednesday, with the volume of shares changing hands declining just 9 percent, but the value exchange rose 120 percent higher than on Tuesday at the close of the Jamaica Stock Exchange US dollar market and resulted in more stocks rising than falling.
A total of five securities traded, down from eight on Tuesday, with three rising, one declining and one ending unchanged.
The JSE US Denominated Equities Index jumped 7.63 points to end at 216.58. The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending in August 2023.
A total of 955,092 shares traded, for US$79,200 compared to 1,052,626 units at US$36,044 on Tuesday.
Trading averaged 191,018 units at US$15,840, compared to 131,578 shares at US$4,506 on Tuesday, with the month to date averaging 103,366 shares at US$4,743 versus 85,835 units at US$2,523 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital USD share advanced 0.05 of a cent in closing at 7.95 US cents with an exchange of 35 shares, Proven Investments gained 1.94 cents to 26.94 US cents, with 201,881 stocks clearing the market, Sygnus Credit Investments USD share ended at 12.95 US cents after just four units crossed the exchange and Transjamaican Highway popped 0.03 of a cent ending at 0.96 of a US cent with 735,072 stock units changing hands.
In the preference segment, JMMB Group 6% declined 6.98 cents to end at 99.02 US cents in trading 18,100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.