Slippage for JSE USD Market

Trading activity picked up on the Jamaica Stock Exchange USD market on Tuesday with the market, with 445 percent more shares, but with 60 percent less the value than on Monday, after an increase of eight securities changing hands, compared to six on Monday as no stock recording gains.
Transjamaican Highway was the volume leader accounting for 2.51 million of the 2,508,722 shares traded, with a value of US$28,103 compared to 460,180 units trading at US$70,670 on Monday.
The JSE USD Equity Index lost 9.73 points to end at 197.33 as four stocks declined and four closed unchanged. The average PE Ratio ended at 12.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading averaged 313,590 units at US$3,513, in contrast to 76,697 shares at US$11,778 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ended with the bid higher than the last selling price and two closed with lower offers.
At the close, First Rock Capital lost 0.01 of a cent to end at 8.99 US cents, trading 1,101 shares, MPC Caribbean Clean Energy settled at 95 US cents with an exchange of 343 units, Productive Business Solutions dropped 21 cents to 80 US cents with 57 stocks changing hands. Proven Investments remained at 26 US cents with a transfer of 15,452 stock units, Sterling Investments fell 0.24 of a cent to 2.01 US cents with 82,000 shares traded, Sygnus Credit Investments ended at 15.01 US cents after trading 9,640 stocks and Transjamaican Highway declined by 0.08 of a cent to finish at 0.85 US cents with 2,400,000 units crossing the exchange.
In the preference segment, JMMB Group 6% settled at US$1.10 with 129 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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