No gains for JSE USD stocks on Monday

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 72 percent and valued 69 percent lower than on Friday, resulting in the trading of eight securities compared to six on Friday with none rising, two declining and six ending unchanged.
Overall, 23,424 shares were exchanged for US$1,068 compared with 13,643 units at US$3,500 on Friday.
Trading averaged 2,928 units at US$133 compared to 2,274 shares at US$583 on Friday, with a month to date average of 15,708 shares at US$745 in comparison with 19,968 units at US$949 on the previous trading day and compares to December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index sank 0.82 points to end the day at 241.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.4. 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 and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.89 US cents after it closed with an exchange of 1,900 units, Margaritaville shed 2.3 cents to finish at 10.1 US cents, with 87 stocks crossing the market, MPC Caribbean Clean Energy ended at 57 US cents with investors trading 165 shares. Productive Business Solutions ended at US$1.78 after an exchange of one stock unit, Proven Investments remained at 14.5 US cents with 3,765 shares crossing the market, Sygnus Credit Investments ended at 9 US cents in trading 170 stocks and Transjamaican Highway sank 0.04 of a cent and ended at 1.68 US cents after exchanging 17,335 units.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$11.50 with investors trading one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.