No stock rose on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday with a 31 percent rise in the volume of stocks changing hands with 617 percent more value than on Tuesday, resulting in just four securities being traded, compared to nine on Tuesday with no rising, three declining and one ending unchanged.
A total of 797,307 shares were exchanged for US$115,172 compared with 610,587 units at US$16,053 on Tuesday.
Trading averaged 199,327 shares at US$28,793 compared with 67,843 units at US$1,784 on Tuesday, with a month to date average of 54,665 shares at US$3,907 compared with 46,739 units at US$2,543 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rose 2.64 points to close at 243.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments dropped 0.25 of a cent and ended at 14.55 US cents after trading 743,034 shares and Transjamaican Highway dipped 0.01 of a cent to 1.68 US cents, with 53,766 units passing through the exchange.
In the preference segment, JMMB Group 6% remained at US$1.08 in an exchange of 7 stocks and Productive Business Solutions 9.25% preference share declined 20 cents in closing at US$12.30 after an exchange of 500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.