JSE US dollar market surges on Friday

The JSE US Denominated Equities Index rebounded firmly, with 14.33 points to end at 199.26 and more than recovered the near 11 points fall on Thursday as trading ended on the JSE US dollar market Friday, after investors transferred 270 percent more shares than on Thursday, resulting in more stocks rising than falling.
Trading ended with six securities changing hands, down from nine on Thursday with prices of five rising and one declining.
PE Ratios, are measures used in computing appropriate stock values, averages 12.4. The PE ratio is based on earnings forecast done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 570,773 shares traded for US$18,913 compared with 154,268 units versus US$24,039 on Thursday. Trading averaged 95,129 units at US$3,152,  17,141 shares at US$2,671 on Thursday and month to date averaging 48,646 at US$4,160 versus 46,415 units at US$4,208 on Thursday. September ended with an average of 853,681 units for US$132,197. Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital US advanced 0.1 of a cent to 7 US cents with an exchange of 142,050 shares, Productive Business Solutions rallied 21 cents to 95 US cents with 338 stock units changing hands, Proven Investments fell 0.79 of a cent to finish at 22.21 US cents with 19,800 stocks traded. Sygnus Credit Investments USD climbed 0.8 of a cent to close at 12.8 US cents with investors switching ownership of 2,053 units, Sygnus Real Estate Finance USD rose 0.3 of a cent to 16.3 US cents with a transfer of 501 stock units and Transjamaican Highway gained 0.08 of a cent to close at 0.95 of a US cent with 406,031 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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