Steady JSE USD market trading

Trading ended with the volume of shares changing hands declining on Tuesday, after 82 percent fewer shares traded with 76 percent lower value than Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to seven on Monday, with prices of one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 0.19 points to end at 214.37. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses earnings forecasts done by ICInsider.com  or each company with the financial year ending during the current year up to August 2022.
Overall, 16,239 shares traded, for US$1,951 down from 89,952 units at US$7,974 on Monday. Trading averaged 3,248 units at US$390, compared to 12,850 shares at US$1,139 on Monday, with the month to date averaging 614,287 shares at US$83,006 versus 680,705 units at US$91,986 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, First Rock Capital USD share gained 0.02 of a cent to end at 6.07 US cents after trding 7,292 shares, Margaritaville lost 1 cent to close at 10 US cents with the swapping of 1,501 units, Proven Investments finished unchanged at 22.5 US cents, with 5,672 stock units crossing the market. Sterling Investments dipped 0.1 of a cent in ending at 2 US cents with 1,349 stocks clearing the market and Sygnus Credit Investments USD share fell 0.08 of a cent to end at 12.9 US cents in exchanging 425 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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