JSE USD Market trading ended mixed

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 195 percent valued 70 percent less than trading on Friday, resulting in five securities being traded, compared to nine on Friday, with two rising, two declining and one ending unchanged.
A total of 148,704 shares were traded for US$3,173 compared with 50,369 units at US$10,547 on Friday.
Trading averaged 29,741 shares at US$635 compared with 5,597 shares at US$1,172 on Friday, with a month to date average of 16,578 shares at US$944 compared with 13,717 units at US$1,011 on the previous trading day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index shed 0.60 points to settle at 230.39.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.9. 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 between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Proven Investments ended trading at 15.99 US cents, with shareholders swapping 4,635 units, Sterling Investments shed 0.08 of a cent to 1.85 US cents, with 1,552 stocks crossing the exchange, Sygnus Credit Investments rose 0.32 of one cent to close at 9 US cents with investors trading 391 shares and Transjamaican Highway lost 0.04 of a cent in closing at 1.65 US cents in an exchange of 142,124 stock units.
In the preference segment, Equityline Mortgage Investment preference share gained 5 cents and ended at US$1.10 after a mere two shares changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.