Trading rose on JSE USD market on Monday

The volume of stocks traded rose 61 percent, with a 21 percent higher value than on Friday at the close of the Jamaica Stock Exchange US dollar market on Monday, resulting in more stocks declining than rising.
Overall, 137,400 shares were traded for US$11,473 compared to 85,406 units at US$14,539 on Friday. Trading averaged 45,800 units at US$3,824, compared to 8,541 shares at US$1,454 on Friday, with a month to date average of 17,139 shares at US$2,001. June ended with an average of 71,901 units for US$8,793.
A total of three securities traded, down sharply from 10 on Friday, with one rising, two declining and none  unchanged.
The JSE US Denominated Equities Index gained 1.05 points to end at 215.14. The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, Proven Investments dropped 0.75 of one cent to 24 US cents in trading 34,047 shares and Transjamaican Highway advanced 0.02 of a cent after ending at 0.98 US cents in exchanging 101,053 units.
In the preference segment JMMB Group 6% fell 8.9 cents to close at US$1.011 after trading 2,300 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.