Trading rises but stocks mostly fell

Trading on Friday ended with the volume of shares changing hands rising 81 percent after 166 percent more funds entered the market than Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with seven securities changing hands, compared to six on Thursday, with prices of two rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index fell 0.56 points to end at 195.92. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. 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, 117,025 shares traded for US$15,695 up from 64,596 units at US$5,898 on Thursday.
Trading averaged 16,718 units at US$2,242, compared to 10,766 shares at US$983 on Thursday and month to date averages 44,176 at US$4,736 in contrast to 46,312 units at US$4,929 on Thursday. 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 the last selling price and no stock closed with a lower offer.
At the close, First Rock Capital USD share shed 0.1 of a cent to 6.9 US cents in exchanging eight shares, Margaritaville fell 0.45 cents, in ending at 9 US cents after switching ownership of 41,754 units, Proven Investments popped 0.85 of a cent to close at 23.44 US cents while exchanging 49,602 stock units. Sygnus Credit Investments Jamaica dollar share dropped 0.17 of a cent to end at 12.83 US cents with 393 stocks crossing the market, Sygnus Credit Investments USD share ended at 12.5 US cents, with 2,131 shares changing hands, Sygnus Real Estate Finance USD share declined 1 cent to end at 15 US cents after finishing trading of 1,500 units and Transjamaican Highway popped 0.01 of a cent to 0.85 of one US cent with an exchange of 21,637 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.