No JSE USD stocks gained on Wednesday

Trading activity jumped sharply on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks traded surging 397 percent with a  greater value than on Tuesday, resulting in nine securities traded, the same number on Tuesday with no rising, four declining and five ending unchanged.
The JSE US Denominated Equities Index lost 6.98 points to end at 208.31.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Overall, 1,690,663 shares traded, for US$286,936 up from 340,214 units at US$68,279 on Tuesday. Trading averaged 187,851 units at US$31,882 versus 37,802 shares at US$7,587 on Tuesday, with month to date average of 47,248 shares at US$8,206 versus 35,080 units at US$6,157 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Investor’s Choice bid-offer indicator shows two stocks ended with higher bids than the last selling prices and one with a lower offer.
At the close of trading, First Rock Real Estate USD share dropped 0.7 of a cent to close at a 52 weeks’ low of 4.3 US cents in an exchange of 278,487 shares, Margaritaville lost 3.5 cents in ending at 10.5 US cents after trading 132 stock units, Productive Business Solutions ended unchanged at US$1.32 after exchanging ten units. Proven Investments remained at 21.2 US cents with investors transferring 1,244,860 stocks, Sterling Investments ended at 2.05 US cents with an exchange of 5,000 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to close at 11.2 US cents, with 34,015 shares crossing the market and Transjamaican Highway dipped 0.02 of a cent in closing at 0.96 of one US cent with the swapping of 125,074 units.
In the preference segment, JMMB Group 5.75% remained at US$1.74 in exchanging 3,080 stock units and JMMB Group 6% remained at US$1.10 as investors exchanged five units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.