Slippage for JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 24 per cent, valued 81 percent lower than on Monday, resulting in seven securities traded, compared to six on Monday with three rising, one declining and three ending unchanged.
Overall, 331,235 shares traded for US$5,593 compared to 267,098 units at US$29,031 on Monday.
Trading averaged 47,319 units at US$799 compared with 44,516 shares at US$4,838 on Monday, with month to date average of 28,964 shares at US$4,577 versus 25,583 units at US$5,272 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.32 points to end at 209.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share gained 0.85 of a cent in closing at 7.95 US cents, with 100 shares crossing the market, Proven Investments remained at 19 US cents after a transfer of 2,500 units, Sterling Investments ended at 2 US cents, with 6,220 stock units crossing the market. Sygnus Credit Investments USD share rose 0.92 of one cent to end at 10 US cents after an exchange of 23,135 stocks, Sygnus Real Estate Finance USD share remained at 11.64 US cents with a transfer of 1,360 shares and Transjamaican Highway shed 0.04 of a cent to end at 0.9 of one US cents after trading 297,919 stock units.
In the preference segment, Productive Business 9.25% preference share climbed US$1 to US$12 with an exchange of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.