More gains than losses for JSE USD market

Trading on Monday ended with the volume of shares changing hands rising 338 percent with 43 percent higher value than on Friday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks rising than falling.
A total of seven securities traded, up from eight on Friday, with two rising, one slipping and four ending unchanged, leading the JSE US Denominated Equities Index to fall 2.09 points to 203.54.
A total of 185,493 shares traded for US$11,351 compared to 42,365 units at US$7,920 on Friday.
The PE Ratio, a measure used in computing appropriate stock values, averages 14.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years up to August 2022.
Trading averaged 26,499 units at US$1,622, compared to 5,296 shares at US$990 on Friday, with a month to date average of 43,385 shares at US$4,330 versus 44,338 units at US$4,483 on the previous day. February ended with an average of 87,719 units for US$9,318.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three stocks with lower offers.
At the close, First Rock Capital USD share lost 0.02 of a cent in closing at 7.93 US cents after an exchange of 2,998 shares, Margaritaville remained at 16 US cents after exchanging 30 stock units, Proven Investments ended unchanged at 23.32 US cents in exchanging 16,534 units. Sterling Investments popped 0.02 cents to close at 2.29 US cents in trading 6,688 stocks, Sygnus Credit Investments USD share finished at 12.89 US cents with 42,006 units clearing the market and Transjamaican Highway finished at 0.88 of one US cents after exchanging 116,483 stocks.
In the preference segment, JMMB Group 6% preference share climbed 0.01 of a cent to close at 99.02 US cents in switching ownership of 754 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.