Trading dropped on the JSE USD market

Trading slipped on the Jamaica Stock Exchange US dollar market on Monday, with a 41 percent decline in the volume of stocks exchanged as the value dipped 45 percent lower than in market activity on Friday, resulting in eight securities changing hands, similar to Friday and ended with two rising, two declining and four ending unchanged.
Trading ended with 278,103 shares valued US$16,872 down from 468,198 units at US$30,924 on Friday.
Trading averaged 34,763 shares at US$2,109 compared to 58,525 units at US$3,866 on Friday, with a month to date average of 53,123 shares at US$4,645, down from 54,253 units at US$4,801 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index gained 1.26 points to end at 203.88.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. 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 no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 5 US cents with 5,129 shares crossing the exchange, MPC Caribbean Clean Energy ended at US$1 after exchanging 22 units, Proven Investments closed at 21 US cents after finishing trading 67,536 stock units. Sterling Investments ended at 2.1 US cents after a transfer of 300 stocks, Sygnus Credit Investments J$ share advanced 0.01 of a cent to 15 US cents while exchanging 529 units, Sygnus Credit Investments USD share gained 0.01 of a cent to 10.97 US cents trading 3,130 stock units and Transjamaican Highway shed 0.01 of a cent in closing at 0.93 of one US cent after 200,650 stocks crossed the market.
In the preference segment, JMMB Group 6% fell 1 cent to end at US$1.04 with an exchange of 807 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.