Low level trading for JSE USD Market

Trading was steady on the Jamaica Stock Exchange US dollar market on Tuesday, with little change in the volume of stocks changing hands having a 33 percent lower value than Monday, and resulting in five securities being traded, compared to seven on Monday with two rising, no declining and three ending unchanged.
Overall, 48,512 shares were exchanged for US$5,401 compared to 48,673 units at US$8,035 on Monday.
Trading averaged 9,702 units at US$1,080 versus 6,953 shares at US$1,148 on Monday, with a month to date average of 8,605 shares at US$3,103 compared with 8,422 units at US$3,440 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index gained 1.58 points to end at 232.15.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, Productive Business Solutions gained 0.1 of a cent to end at US$1.90, with investors exchanging 14 shares, Proven Investments remained at 18.5 US cents after 17,747 stocks changed hands, Sygnus Credit Investments USD share ended at 9.8 US cents with 17,431 stock units crossing the market and Transjamaican Highway ended at 0.96 US of a cent in trading 13,300 units.
In the preference segment, Productive Business 9.25% preference share rallied 30 cents to close at US$12.40 after exchanging 20 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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