More losses for JSE US Market on Tuesday

Trading ended with the market declining further on Tuesday, with an exchange of 45 percent fewer shares than on Monday at 18 percent less the value, with three securities changing hands, compared to five on Monday with prices of two stocks rising and one declining.
The JSE US Denominated Equities Index fell 5.49 points to end at 179.84, with a fall of 3.5 percent for the year to date.
The PE Ratio, a measure used to computes appropriate stock values, averages 11.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 115,641 shares traded for US$19,049 compared to 210,327 units at US$23,249 on Monday. Trading averaged 38,547 units at US$6,350, compared to 42,065 shares at US$4,650 on Monday. Trading month to date averages 248,332 units at US$12,147 in contrast to 256,299 units at US$12,367 on Monday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville advanced 0.1 of a cent to 9 US cents with 54,719 shares changing hands, Proven Investments rose 0.01 of a cent to 23.99 US cents, trading 60,916 units and Sygnus Credit Investments J$ stocks fell 2.6 cents to 11.9 US cents with 6 stock units crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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