Puny JSE USD trading

Trading dropped sharply on the Jamaica Stock Exchange US dollar market on Monday, with a 98 percent decline in the volume and value of stocks that changed hand compared with Friday, resulting in trading in four securities, down from seven on Friday with prices of two rising and two declining.
The market closed with an exchange of only 3,378 shares for US$273 compared to 181,904 units at US$17,375 on Friday.
Trading averaged 845 units at US$68 versus 25,986 shares at US$2,482 on Friday, with a month to date average of 38,346 shares at US$2,570 compared with 39,846 units at US$2,670 on the previous day and May that ended with an average of 32,077 units for US$3,201.
The US Denominated Equities Index increased 0.30 points to close at 218.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 7.9. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Margaritaville popped 0.9 of a cent to close at 8.9 US cents after 895 stock units were traded, Sterling Investments slipped 0.11 of a cent to 1.48 US cents with investors trading just 2 units, Sygnus Credit Investments lost 0.02 of a cent to end at 7.8 US cents with investors exchanging 2,476 shares and Transjamaican Highway gained 0.03 of a cent to finish at 2 US cents with investors swapping 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.