Trading plunged on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 90 percent, with a 89 percent lower value than on Friday, resulting in the trading of five securities, compared to seven on Friday with two rising, one declining and two ending unchanged.
Overall, 266,503 shares were traded for US$6,378 compared to 2,780,944 units at US$60,312 on Friday.
Trading averaged 53,301 units at US$1,276, versus 397,278 shares at US$8,616 on Friday, compared with September that ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index popped 2.50 points to 256.33.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. 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 three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share shed 1.19 cents and ended at 4.08 US cents with shareholders swapping 30,000 shares, 
MPC Caribbean Clean Energy remained at 54 US cents with an exchange of 915 stock units. Proven Investments gained 0.15 of a cent to close at 13.9 US cents in trading 106 stocks, Sygnus Credit Investments ended at 9.02 US cents with 5,465 units crossing the market and Transjamaican Highway rose 0.04 of a cent in closing at 1.83 US cents after 230,017 stock units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged for JSE USD Market
October 2, 2023 by