Steady trading continues on JSE USD market

Trading ended on Friday, with the volume of shares changing hands rising over Thursday with 12 percent lower value at the close of the Jamaica Stock Exchange US dollar market, resulting in seven securities trading down from 10 on Thursday with no gains, four declining and three ending unchanged.
The JSE US Denominated Equities Index rose 2.33 points to end at 225.85.
The PE Ratio, a measure used to compute appropriate stock values, averages 10.4 incorporating ICInsider.com earnings forecasts for companies with the financial year ending between August 2022 and August 2023.
A total of 1,417,291 shares traded for US$40,251 compared to 1,319,482 units at US$45,994 on Thursday.
Trading averaged 202,470 shares at US$5,750, compared to 131,948 units at US$4,599 on Thursday, with the month to date averaging 124,207 shares at US$4,862 versus 110,511 units at US$4,707 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7.6 US cents in exchanging 2,309 shares, Proven Investments lost 0.05 of a cent to close at 25.95 US cents in an exchange of 23,270 units, Sterling Investments fell 0.15 of a cent to 2 US cents after trading 5,000 stock units. Sygnus Credit Investments USD share ended at 12.95 US cents with 62,601 stocks changing hands, Sygnus Real Estate Finance USD share shed 0.99 of one cent to end at 12.05 US cents trading 11,988 stocks and Transjamaican Highway declined 0.1 of a cent in ending at 1 US cent after 1,307,123 units changed hands.
In the preference segment, JMMB Group 5.5% finished at US$2, with 5,000 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.