Rising stocks edged out decliners

Trading on Thursday ended with the volume of shares changing hands declining 65  percent, valued 35 percent less than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market.
Six securities traded, compared to five on Wednesday, with three rising, two declining and one ending unchanged.
The JSE US Denominated Equities Index rallied 2.25 points to end at 196.48.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE uses earnings forecasts by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 64,596 shares traded for US$5,898, down from 186,948 units at US$9,127 on Wednesday. Trading averaged 10,766 units at US$983, in contrast to 37,390 shares at US$1,825 on Wednesday and month to date averages 46,312 shares at US$4,929 versus 48,851 units at US$5,211 on Wednesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, First Rock Capital USD share climbed 0.4 of a cent to close at 7 US cents with the swapping of 43,840 shares, Margaritaville ended at 9.45 US cents in switching ownership of 18,153 units, Sterling Investments shed 0.09 cents in ending at 2 US cents after trading 486 stocks. Sygnus Credit Investments USD share popped 0.49 of a cent to 12.5 US cents, in trading with 714 stock units and Transjamaican Highway dropped 0.03 of a cent in closing at 0.84 US cents after an exchange of 440 shares.
In the preference segment, JMMB Group 6% rallied 3 cents in closing at US$1.05, with 963 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.