Trading climbs in JSE USD Market

The Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 759 percent with a 177 percent higher value than on Tuesday, resulting in six securities traded, compared to 10 on Tuesday with two rising, two declining and two ending unchanged.
A total of 103,587 shares were exchanged for US$21,729 compared to 12,060 units at US$7,847 on Tuesday.
Trading averaged 17,265 units at US$3,622, compared with 1,206 shares at US$785 on Tuesday, with a month to date average of 37,388 shares at US$2,226 compared with 39,113 units at US$2,107 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.35 points to end at 250.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, First Rock Real Estate USD share dropped 0.48 of a cent after ending at 7 US cents as 6,000 shares were traded, Proven Investments added 0.01 of a cent to close at 19 US cents after exchanging 93,977 stock units, Sygnus Credit Investments USD share ended at 10 US cents with the swapping of 337 stocks.
In the preference segmentEppley 6% preference share lost 5 cents in closing at US$1.10 with a transfer of 84 units, JMMB Group 5.75% popped 3 cents to end at US$2, with 139 shares crossing the market and JMMB Group 6% remained at US$1, with 3,050 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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