Slippage for JSE US Market

Trading on Wednesday ended with the volume of shares changing hands rising 45 percent but with 19 percent lower worth than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with six securities changing hands, compared to seven on Tuesday with one rising, three declining and two ending unchanged. The JSE US Denominated Equities Index fell 1.72 points to end at 198.32.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.3. The computation of the PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 566,302 shares traded, for US$17,194 compared to 389,225 units at US$21,224 on Tuesday. Trading averaged 94,384 units at US$2,866 compared to 55,604 shares at US$3,032 on Tuesday and month to date an average of 73,502 shares. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share finished at 7 US cents with 17,040 shares clearing the market, Proven Investments declined 0.93 of a cent to end at 22 US cents after 17,966 stocks changed hands, Sygnus Credit Investments USD share dropped 1.69 cents to 11.3 US cents after exchanging 62,184 units. Sygnus Real Estate Finance USD share increased 0.5 of one cent in closing at 14 US cents with the swapping of 54 stock units and Transjamaican Highway ended unchanged at 0.89 of a US cent after 468,558 shares crossed the market.
In the preference segment, JMMB Group 6% lost 1 cent in closing at US$1.14 with an exchange of 500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.