Gains for the JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks traded declining 51 percent, with a 56 percent lesser value than on Friday, resulting in the exchange of six securities, compared to nine on Friday, with three rising, two declining and one ending unchanged.
Overall, 388,269 shares were traded, for US$14,534 down from 796,890 units at US$32,729 on Friday. Trading averaged 64,712 units at US$2,422, compared to  88,543 shares at US$3,637 on Friday, with month to date average of 49,416 shares at US$7,149 versus 48,732 units at US$7,360 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
The JSE US Denominated Equities Index rose 4.49 points to end at 204.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.1. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with higher bids than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents after trading 164,161 shares, Margaritaville rose 1.5 cents to 12 US cents, with 1,315 stocks crossing the market, Proven Investments popped 0.2 of a cent to close at 21.5 US cents with 11,426 stock units changing hands. Sygnus Credit Investments USD share declined 0.88 of a cent in ending at 11.12 US cents after exchanging 32,000 units and Transjamaican Highway climbed 0.12 of one cent to 0.95 of a US cent in trading 179,363 stock units.
In the preference segment, JMMB Group 6% shed 1 cent to close at US$1.09, with four shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.