Stocks rose on the JSE USD market

Trading ended on Wednesday, with no declining stocks as the volume of shares changing hands declined by 8 percent less and the value jumped 87 percent higher than on Tuesday, on the Jamaica Stock Exchange US dollar.  
Compared to eight on Tuesday, seven securities trading on Wednesday, with prices of four rising and three ending unchanged.
The JSE US Denominated Equities Index climbed 3.89 points to end at 199.52. The PE Ratio, a measure used in computing appropriate stock values, averages 12.3.
The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 209,206 shares traded for US$17,560 versus 228,601 units at US$9,366 on Tuesday.
Trading averaged 29,887 shares at US$2,509, compared to 28,575 shares at US$1,171 on Tuesday and month to date, averaging 66,165 units at US$7,243 versus 71,686 units at US$7,963 on Tuesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Capital US share ended unchanged at 7 US cents with 800 shares changing hands, Margaritaville remained at 9 US cents trading 166,768 units, MPC Caribbean Clean Energy ended at US$1.08 in trading two shares. Sterling Investments rallied 0.09 cents to 2.09 US cents in an exchange of 25,000 stock units, Sygnus Credit Investments USD share climbed 0.89 cents to 12.97 US cents after 15,000 units crossed the market, Sygnus Real Estate Finance USD share gained 1 cent to end at 16 US cents after 67 stocks crossed through the market and Transjamaican Highway rose 0.07 cents to 0.88 of a US cent after 1,569 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.