Trading gains for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 22 percent with a 337 percent increased value compared to trading on Monday, resulting in trading in eight securities, compared to six on Monday with five rising, two declining and one ending unchanged.
A total of 343,792 shares were exchanged for US$39,382, up from 282,396 units at US$9,019 on Monday.
Trading averaged 42,974 shares at US$4,923 compared with 47,066 units at US$1,503 on Monday, with a month to date average of 54,414 shares for US$3,684 compared with 55,329 units at US$3,585 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index lost 6.67 points and concluded trading at 240.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville increased 0.16 of a cent to 11.5 US cents, with 300,000 shares changing hands, MPC Caribbean Clean Energy climbed 10 cents to 65 US cents in switching ownership of 2,592 units, Productive Business Solutions shed 10 cents to end at US$1.70 while exchanging 62 stocks. Proven Investments remained at 14.5 US cents to close trading of 5,000 stock units, Sterling Investments gained 0.17 of a cent to end at 1.97 US cents in an exchange of 247 stocks, Sygnus Credit Investments advanced 1.8 cents to 10.8 US cents, with 1,845 units crossing the exchange, Sygnus Real Estate Finance USD share rallied 0.01 of a cent to 10 US cents in trading 19,478 shares and Transjamaican Highway fell 0.04 of a cent to 1.75 US cents after a transfer of 14,568 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.