Trading rise of JSE USD Market

The volume of shares trading on Tuesday more than doubled trading on Monday, at the close of the Jamaica Stock Exchange US dollar market, and resulted in more stocks falling than rising.
Six securities traded, down from eight on Monday, with prices of two rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index inched 0.16 points higher to 199.65. The PE Ratio, a measure used in computing appropriate stock values, averages 12.3. The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 207,934 shares traded for US$18,809 up from 104,164 units at US$7,020 on Monday. Trading averaged 34,656 units at US$3,135, compared to 13,021 shares at US$877 on Monday and month to date averages 49,576 at US$5,426 versus 50,802 units at US$5,614 on Monday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and two stocks with lower offers.
In trading, First Rock Capital USD share closed at 6.99 US cents with 40,025 shares changing hands, Margaritaville dropped 0.45 of a cent to 9 US cents trading 119,609 units, Proven Investments rose 0.06 of a cent to 23.94 US cents in an exchange of 5,985 stocks. Sygnus Credit Investments USD share rose 0.06 of a cent to 12.5 US cents after an exchange of 26,900 stock units and Transjamaican Highway lost 0.02 of a cent to end at 0.86 US cents in switching ownership of 15,000 stocks.
In the preference segment, JMMB Group 6% declined 3 cents to close at US$1.02 after exchanging 415 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.