Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of shares changing hands declining 58 percent from Wednesday, and resulting in an even number of stocks rising as falling.
Trading ended with seven securities changing hands, compared to six on Wednesday with prices of two rising, two declining and three ending unchanged. The JSE US Denominated Equities Index slipped 0.21 points to 198.11.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Just 239,208 shares traded for US$17,234 compared to 566,302 units at US$17,194 on Wednesday.
Trading averaged 34,173 units at US$2,462, down from 94,384 shares at US$2,866 previously and month to date averages 59,737 shares at US$2,783 versus 73,502 units at US$2,955 on Wednesday. January ended with an average of 91,572 units for US$7,142.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share fell half a cent in closing at 6.5 US cents after trading 43,957 shares, 
Margaritaville gained 3 cents to 15 US cents with one stock unit changing hands, Proven Investments ended unchanged at 22 US cents in switching ownership of 34,473 units. Sterling Investments finished at 2.1 US cents after 5 stocks crossed the exchange, Sygnus Credit Investments USD share rallied 1.65 cents to close at 12.95 US cents with 41,717 stocks clearing the market, Sygnus Real Estate Finance USD share remained at 14 US cents with an exchange of 1,855 stock units and Transjamaican Highway declined 0.06 of a cent to end at 0.83 of a US cent after trading 117,200 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE USD market
February 3, 2022 by
