Stocks mostly rose on the JSE USD market

Trading on Thursday, ended with the market rising after trading 24 fewer shares than on Wednesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Similar to Wednesday, six securities traded, with prices of three rising, one declining and two closing unchanged.
JSE USD Equity Index gained 4.12 points to end at 198.97. The average PE Ratio ends at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
A total of  241,189 shares traded, accounting for US$56,263, down from 318,044 units at US$63,528 on Wednesday.
Trading averaged 40,198 units at US$9,377, compared to 53,007 shares at US$10,588 on Wednesday. Trading averaged 56,808 units, month to date at US$12,136 in contrast to 58,341 units at US$12,390 on the prior trading day. February ended with an average of 69,547 units for US$9,223.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with lower offers.
At the close, First Rock Capital slipped 0.01 US of a cent in ending at 8.49 US cents with the swapping of 536 units, Proven Investments increased 0.9 of one cent to close at 23.9 US cents, with 9,907 stock units crossing the market, Sterling Investments stayed at 1.98 US cents, with 135 stocks changing hands. Sygnus Credit Investments ended at 13.5 US cents after 77,054 shares crossed the market and Transjamaican Highway rose 0.04 of a cent to 0.9 US cents in exchanging 132,775 stocks.
In the preference segment, JMMB Group 5.75% carved out a gain of 2 cents to end at US$2.02 with an exchange of 20,782 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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