Trading drops on JSE USD Market – Wednesday

In trading on Wednesday, the volume and value of shares changing hands dived by 94 percent from Tuesday’s trading at the close of the JSE US dollar market, with no stocks declining in price.
Five securities traded compared to six on Tuesday, with prices of two rising and three ending unchanged.
The US Denominated Equities Index rallied 1.61 points to end at 186.85. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on’s 2021-22 earnings forecast.
Overall, just 11,180 shares traded for US$1,080, down from 176,358 units at US$17,759 on Tuesday. Trading averaged 2,236 units at US$216, compared to 29,393 shares at US$2,960 on Tuesday and the month to date averages 41,259 at US$5,493 versus 45,324 units at US$6,043 on Tuesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than the last selling prices and one with a bid lower offer.
At the close, First Rock Capital USD share remained at 7 US cents with 5,090 shares changing hands, Sterling Investments settled at 2.09 US cents with a transfer of 519 stocks, Sygnus Credit Investments USD share popped 2.47 cents to finish at 13.47 US cents with 3,800 stock units traded and Transjamaican Highway ended at 0.9 of a cent with 1,685 units crossing the exchange.
In the preference segmentJMMB Group 5.75% preference share climbed 30.3 cents to close at US$2.323 with 86 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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