JSE USD market index slips

The market index slipped at the close of the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks traded dropping 73 percent and the value 94 percent from trading on Thursday, and ended with more stocks rising than falling.
Sseven securities traded, the same as Thursday, with three rising, one declining and three ending unchanged.
The JSE US Denominated Equities Index lost 0.42 points to end at 209.77. The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 37,542 shares were traded for US$727 compared to 137,282 units at US$12,922 on Thursday.
Trading averaged 5,363 units at US$104, compared to 19,612 shares at US$1,846 on Thursday, with a month to date average of 47,579 shares at US$3,506 versus 49,348 units at US$3,648 on the previous day. April ended with an average of 95,379 units for US$3,929.
Investor’s Choice bid-offer indicator shows one ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share rose 0.6 of a cent to close at 7.95 US cents while exchanging 265 shares  Margaritaville closed at 15 US cents after trading 150 stock units, Proven Investments rallied 0.5 of one cent to end at 26.5 US cent, trading 400 units. Sygnus Credit Investments USD share increased 0.15 of a cent to 12.7 US cents, with 1,746 stocks changing hands and Transjamaican Highway dropped 0.02 of a cent in ending at 0.96 of one US cent with the swapping of 34,972 stock units.
In the preference segment, JMMB Group 5.75% finished at US$2.32, with eight stocks crossing the market and JMMB Group 6% remained at US$1.10 with an exchange of one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.