Gains for JSE USD Market

Investors on Tuesday traded 75 percent fewer shares with 81 percent less value than Monday on the Jamaica Stock Exchange US dollar market and resulting in 10 active securities compared to 12 on Monday with four rising, two declining and four ending unchanged.
A total of 52,982 shares were traded for US$4,956 compared with 211,152 units at US$25,901 on Monday.
Trading averaged 5,298 shares at US$496, versus 17,596 stock units at US$2,158 on Monday, with a month to date average of 23,958 shares at US$1,461 versus 31,135 units at US$1,832 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 4.81 points to end at 230.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share dipped 0.31 cents to end at 7.19 US cents with an exchange of 9,000 shares, Margaritaville ended at 14 US cents in an exchange of 38 stock units, MPC Caribbean Clean Energy popped 5 cents to close at 63 US cents with just three stocks crossing the market. Productive Business Solutions remained at US$1.70 in trading a mere one unit, Proven Investments rallied 1.34 cents to 19.84 US cents with investors transferring 57 stocks, Sterling Investments ended at 2.09 US cents, with 545 stock units traded. Sygnus Credit Investments USD share gained 0.13 of a cent to end at 9.99 US cents after an exchange of 40,000 units, Sygnus Real Estate Finance USD share declined by 1.7 cents to end at 11 US cents after an exchange of 2,300 shares and Transjamaican Highway climbed 0.06 of a cent in closing at 0.96 of one US cent with an exchange of 1,028 shares.
In the preference segment, JMMB Group 6% remained at US$1.02 after a transfer of 10 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.