JSE USD trading decline

Trading on Monday ended with a 62 percent fall in the volume of stocks traded, the value fell 29 percent lower than on Friday on the Jamaica Stock Exchange US dollar market, resulting in 10 securities traded, similar to Friday with two risings, four declining and four ending unchanged.
The JSE US Denominated Equities Index lost 0.49 points to end at 223.24.
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 the close of the financial year to the end of August 2023.
Overall, 380,821 shares traded, for US$14,951, down from 1,007,137 units at US$21,115 on Friday. Trading averaged 38,082 units at US$1,495, compared to 100,714 shares at US$2,111 on Friday, with month to date average of 52,998 shares at US$2,517 versus 56,313 units at US$2,744 on the previous day. April ended with an average of 95,379 units for US$3,929.
The investor’s Choice bid-offer indicator shows that none ended with a bid higher than the last selling price or a lower offer.
At the close, First Rock Capital USD share dropped 0.82 of a cent in closing at 7.08 US cents after exchanging 13,849 shares, Margaritaville finished at 15 US cents in switching ownership of 27 units, Productive Business Solutions ended unchanged at US$1.18 trading 931 stock units. Proven Investments remained at 26 US cents while exchanging 8,374 stocks, Sterling Investments shed 0.25 of a cent to 2 US cents after 41,130 shares were exchanged, Sygnus Credit Investments USD share fell 0.35 cents to close at 12.6 US cents closed at 8,200 shares and Transjamaican Highway rose 0.03 of a cent to 1.01 US cents in trading 305,429 stock units.
In the preference segment, Equityline Mortgage Investments preference share remained at US$1.999 with just one unit changing hands, JMMB Group 5.75% declined 1 cent after ending at US$2.01 with an exchange of 2,795 stocks and JMMB Group 6% rallied 0.23 cents of one to end at US$1.10 in an exchange of 85 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.