JSE USD Market closed higher on Friday

Trading on Friday ended on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands declining 39 percent with 92 percent higher value than on Thursday, resulting in an even number of stocks rising than falling.
A total of seven securities traded compared to 11 on Thursday with three rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index gained 1.66 points to end at 208.68.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years, up to August 2022.
Overall, 195,986 shares traded, for US$54,608 compared to 321,171 units at US$28,484 on Thursday.
Trading averaged 27,998 units at US$7,801, compared to 29,197 shares at US$2,589 on Thursday and month to date averaging 28,321 shares at US$4,429 versus 28,447 units at US$3,118 on the prior trading day. February ended with an average of 87,719 units for US$9,318.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share rose 0.97 of a cent in ending at 7.98 US cents, with 1,050 shares crossing the market, Margaritaville fell 2.1 cents to 18 US cents in exchanging 1,900 stocks, Proven Investments rallied 0.95 of one cent in closing at 24.95 US cents after trading 96,033 units. Sygnus Credit Investments USD share popped 0.14 of a cent to end at 12.99 US cents, with 80,853 stock units crossing the exchange and Transjamaican Highway remained at 0.89 of one US cent, with 1,150 shares clearing the market.
In the preference segment, JMMB Group 5.75% lost 6 cents in closing at US$2.03 after trading 5,000 units and JMMB Group 6% declined 10 cents to US$1 with 10,000 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.