Gains for JSE USD market

The Jamaica Stock Exchange, US dollar market, closed trading on Thursday, with the volume of stocks traded rising 15 percent over Wednesday as the value jumped 216 percent, resulting in five securities trading, compared to six on Wednesday, with three rising, one declining and one ending unchanged.
A total of 499,825 shares were traded for US$49,241 up from 435,401 units at US$15,558 on Wednesday. Trading averaged 99,965 units at US$9,848, compared to 72,567 shares at US$2,593 on Wednesday, with a month to date average of 39,536 shares at US$3,120 versus 27,450 units at US$1,774 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities gained 1.01 points to end at 214.80. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. 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 three stocks ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share gained 0.16 of a cent to end at 8 US cents after exchanging 304,380 shares, Productive Business Solutions finished at US$1.14 in trading 87 stocks, Proven Investments shed 0.19 of a cent to 24.3 US cents with 50 units clearing the market and Sygnus Credit Investments USD share increased 0.48 of a cent in closing at 12.98 US cents, with 195,291 stock units crossing the exchange.
In the preference segment, JMMB Group 6% popped 9.9 cents to close at US$1.11 with an exchange of 17 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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