Trading jumps on JSEUSD Market

Trading at the close of the Jamaica Stock Exchange US dollar market on Tuesday, the volume of stocks traded rose 56 percent and the value was 85 percent more than on Monday and resulting in seven securities traded, as was the case on Monday with three rising, two declining and two ending unchanged.
A total of 487,396 shares traded for US$33,962 compared to 313,255 units at US$18,398 on Monday. Trading averaged 69,628 units at US$4,852, versus 44,751 shares at US$2,628 on Monday, with month to date average of 42,118 shares at US$3,038 versus 37,741 units at US$2,749 on the previous day. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index slipped 0.87 points to 212.69.
The PE Ratio, a tool used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial year ending, up to August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.1 of a cent to 7.5 US cents with an exchange of 3,223 shares, Margaritaville remained at 14.99 US cents and closed with 100 stock units changing hands, Proven Investments ended unchanged at 23 US cents in trading 79,805 units. Sterling Investments popped 0.2 of one cent to close at 2.1 US cents while exchanging 100 stocks, Sygnus Credit Investments USD share fell 1.45 cents in ending at 11.5 US cents in exchanging 107,246 units, Sygnus Real Estate Finance USD share climbed 0.2 of a cent in ending at 12.2 US cents in an exchange of 4 stock units and Transjamaican Highway declined 0.01 of a cent in closing at 0.99 of one US cent after 296,918 shares crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.