Stocks mostly down on the JSE USD Market

Stocks mostly to close out trading on Thursday on the Jamaica Stock Exchange US dollar market, with a 30 percent decline in the volume of stocks exchanged, with 31 percent more value than on Wednesday, resulting in nine securities traded, compared to eight on Wednesday with one rising, five declining and three ending unchanged.
A total of 584,733 shares traded for US$20,685 compared to 834,596 units at US$15,756 on Wednesday.
Trading averaged 64,970 units at US$2,298, compared with 104,325 shares at US$1,969 on Wednesday. Trading in November averaged 33,913 units for US$3,363.
The JSE US Denominated Equities Index gained 1.73 points to end at 229.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
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 Real Estate USD share declined 0.44 of one cent to close at 7.5 US cents after exchanging 1,050 shares, Proven Investments fell 0.01 of a cent in closing at 19.89 US cents with 2,767 units crossing the market, Sygnus Credit Investments USD share dropped 0.36 of one cent ending at 9.5 US cents after trading 1,887 stocks. Sygnus Real Estate Finance USD share ended at 11 US cents after 2,702 stock units were traded and Transjamaican Highway dipped 0.03 of a cent to 0.95 of one US cent in switching ownership of 567,818 stocks.
In the preference segment, JMMB Group 5.5% advanced 10 cents to US$2 after a transfer of 1,500 shares. JMMB Group 5.75% remained at US$1.50 after trading of 4,990 stock units, JMMB Group 5.75% C share shed 1 cent ending at US$1.99 after exchanging 1,500 units and JMMB Group 6% ended at US$1, with 519 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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