Gains for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 34 percent, valued 79 percent more than on Thursday, resulting in nine securities traded, compared to eight on Thursday, with four rising, one declining and four ending unchanged.
A total of 595,775 shares were traded for US$31,180 compared to 445,494 units at US$17,444 on Thursday.
Trading averaged 66,197 units at US$3,464 compared to 55,687 shares at US$2,181 on Thursday, with a month to date average of 55,856 shares at US$3,718 versus 54,761 units at US$3,744 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rosey 9.95 points to conclude trading at 246.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents in an exchange of 25,500 shares, Margaritaville rose 0.34 of a cent in closing at 11.34 US cents while exchanging 5,563 stock units, Productive Business Solutions increased 10 cents and ended at US$1.80 as investors traded a mere three stocks. Proven Investments ended at 14.8 US cents after a transfer of 9,980 units, Sterling Investments ended at 1.8 US cents with a transfer of 553 units, Sygnus Credit Investments popped 0.5 of a cent to 8.5 US cents with 45,690 shares clearing the market, Sygnus Real Estate Finance USD share dipped 0.01 of a cent to end at 9.99 US cents after 99 stocks crossed the market and Transjamaican Highway popped 0.04 of a cent to close at 1.75 US cents, with 507,156 stocks crossing the exchange.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12.30 with an exchange of 1,231 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.