Slippage for the JSE USD market

The volume of stocks trading jumped 176 percent with the value surging 278 percent above trading on Monday at the close of the Jamaica Stock Exchange US dollar market on Tuesday, resulting in five securities traded, down from seven on Monday with one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 1.51 points to close at  218.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Overall, 89,436 shares traded, for US$15,551 compared to 32,360 units at US$4,111 on Monday. Trading averaged 17,887 units at US$3,110, compared to 4,623 shares at US$587 on Monday, with the month to date average of 95,583 shares at US$4,396 versus 101,214 units at US$4,489 on the previous day.  May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share dropped 0.1 of a cent in ending at 7.4 US cents with the swapping of 102 shares, Proven Investments fell 1.23 cents to 25.02 US cents in an exchange of 58,051 stock units, Sygnus Credit Investments USD share rallied 0.39 of one cent to close at 12.39 US cents with 3,284 units crossing the exchange and Transjamaican Highway ended unchanged at 0.98 US cents after trading of 27,998 stocks.
In the preference segment, JMMB Group 6% declined 3 cents to end at US$1.05, with one unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com