JSE USD Market declines into the Weekend  

Trading fell back on the Jamaica Stock Exchange US dollar market on Friday, compared with Thursday, with the volume of stocks changing hands declining by 59 percent and the value 37 percent lower, resulting in the trading of five securities, compared to four on Thursday with one rising, two declining and two ending unchanged.
Overall, 126,524 shares were traded for US$3,325 compared to 308,440 units at US$5,303 on Wednesday.
Trading averaged 18,075 units at US$475, versus 77,110 shares at US$1,326 on Thursday, with a month to date average of 28,374 shares at US$1,972 compared with 30,013 units at US$2,210 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index fell 4.00 points to end at 224.49.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of trading, Productive Business Solutions ended at US1.50 with 48 stocks crossing the market, Sterling Investments popped 0.3 of a cent to close at 1.78 US cents while exchanging 358 units, Sygnus Credit Investments inched 0.28 of a cent higher in closing at 7.23 US cents after 3,000 shares passed through the market and Transjamaican Highway dipped 0.01 of a cent to end at 1.62 US cents after trading 1112,820 stock units.
In the preference segment, Productive Business Solutions ended at US12.40, with 11 shares passing through the market
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.