Gains for JSE USD market

Trading ended on Friday with the volume of stocks changing hands, rising 51 percent and valued 148 percent more than on Thursday at the close of the Jamaica Stock Exchange US dollar market ended on Friday and resulting in trading activity in six securities, compared to three on Thursday and ending with prices of two rising, one declining and three ending unchanged.
Overall, 246,142 shares were traded for US$13,108, up from 163,448 units at US$5,282 on Thursday.
Trading averaged 41,024 units at US$2,185 versus 54,483 shares at US$1,761 on Thursday, with month to date average of 28,186 shares at US$1,430 compared with 26,614 units at US$1,338 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index gained 0.36 points to end at 226.71.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. 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 price and one with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.66 of a cent to 7.84 US cents with just two shares changing hands, Proven Investments remained at 19.1 US cents with 28 units passing through the market, Sterling Investments lost 0.04 of a cent to end at 2.07 US cents and closed after the trading of 42,200 stock units. Sygnus Credit Investments USD share increased 0.2 of a cent after ending at 9.6 US cents after an exchange of 2,385 stocks and Transjamaican Highway ended at 0.88 of one US cent with the swapping of 196,298 shares.
In the preference segmentJMMB Group 5.75% ended at US$1.95 while exchanging 5,229 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com