Trading dips on JSE USD Market


The market closed with an exchange of 231,331 shares for US$18,240 compared to 459,083 units at US$13,033 on Tuesday. Trading averaged 33,047 shares at US$2,606 compared to 51,009 stocks at US$1,448 on Tuesday, with the month to date averaging 57,533 shares at US$3,107 compared with 59,981 units at US$3,158 on the previous day and September with an average of 161,382 units for US$5,462.

The US Denominated Equities Index declined 0.95 points to settle at 221.29. The 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.

The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.6. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.

At the close of the market, First Rock Real Estate USD share sank 0.5 of one cent in closing at 3.3 US cents with investors trading 9,340 stock units, MPC Caribbean Clean Energy rallied 0.01 of one cent to 54.01 US cents after an exchange of 60 shares, Proven Investments ended at 10 US cents and closed with 298 units changing hands. Sterling Investments remained at 1.49 US cents with an exchange of 49,417 stocks and Transjamaican Highway shed 0.04 of one cent to end at 2.01 US cents after 159,816 shares changed hands.

In the preference segment, JMMB Group US8.5% preference share remained at US$1.09 after investors exchanged 11,747 stocks and JMMB Group 5.75% ended at US$1.683 in the trading of 653 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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