Steady trading  on JSE USD Market

Trading on Friday ended with the volume of shares changing hands being marginally more with a sharper drop in value than on Thursday, at close of the Jamaica Stock Exchange US dollar market, after eight securities changed hands, compared to seven on Thursday with two rising, three declining and three ending unchanged.
The JSE US Denominated Equities Index rose 1.74 points to end at 201.81.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.4. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
A total of 188,974 shares traded for US$10,744 compared to 185,440 units at US$13,723 on Thursday. Trading averaged 23,622 units at US$1,343, compared to 26,491 shares at US$1,960 on Thursday with the month to date averaging 74,418 shares at US$6,924 versus 77,951 units at US$7,312 on the previous day. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital USD share increased 0.01 of one cent in closing at 7 US cents in an exchange of 63,061 shares, Margaritaville lost 0.01 of a cent to end at 12 US cents with an exchange of 1,700 units, Productive Business Solutions shed 9 cents to US$1.01, with 531 stocks crossing the market. Proven Investments rallied 0.2 of a cent to close at 22.95 US cents after trading 16,075 stock units, Sygnus Credit Investments USD share ended unchanged at 12.95 US cents, with 2,332 stock units changing hands and  Transjamaican Highway remained at 0.83 US cents after exchanging 104,700 units.
In the preference segment, Equityline Mortgage Investment preference share finished at US$1.999 after exchanging 125 stocks and JMMB Group 6% dropped 13 cents in ending at US$1.02 after trading 450 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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