Trading jumped in the JSE US dollar market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 464 percent, valued 36 percent more than on Monday, resulting in eight securities trading, similar to on Monday with none rising, three declining and five ending unchanged.
Overall, 304,877 shares traded, for US$16,803 up from 54,098 units at US$12,392 on Monday. Trading averaged 38,110 units at US$2,100 versus 6,762 shares at US$1,549 on Monday, with a month to date average of 52,896 shares at US$6,081 versus 54,716 units at US$6,571 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 1.83 points to end at 205.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.1. 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 one ending with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents with a transfer of 140,744 shares, MPC Caribbean Clean Energy remained at US$1.10 in exchanging 3 stocks, Proven Investments shed 0.15 of a cent to end at 20.35 US cents with 6,676 units clearing the market. Sygnus Credit Investments Ja$ share lost 1.23 cents in closing at 12 US cents with an exchange of 3,000 stock units, Sygnus Credit Investments USD share ended at 13 US cents in switching ownership of 2,039 stock units, Sygnus Real Estate Finance USD share remained at 12.39 US cents trading 915 units and Transjamaican Highway dipped 0.04 of a cent in closing at 0.84 of a US cent after 144,000 stocks crossed the market.
In the preference segment, JMMB Group 6% ended at US$1.05 in trading 7,500 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.