Trading slipped on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands declining 38 percent, with a 51 percent higher value than on Friday, resulting in trading of four securities, compared to nine on Friday with two rising, one declining and one ending unchanged.
Overall, 36,726 shares were traded for US$7,737 compared to 58,857 units at US$5,115 on Friday.
Trading averaged 9,182 units at US$1,934 versus 6,540 shares at just US$568 on Friday, with a month to date average of 24,180 shares at US$1,169 compared with 24,847 units at US$1,135 on the previous day. November ended with an average of 33,854 units for US$3,351.
The JSE US Denominated Equities Index slipped 0.41 points to end at 230.98.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, Margaritaville ended at 14 US cents with investors trading 13 shares, Proven Investments increased 0.89 of one cent to close at 19.89 US cents with an exchange of 35,706 units,
In the preference segment, Eppley 6% preference share rose 8.25 cents after ending at US$1.06 as investors exchanged seven stock units and JMMB Group 6% shed 3 cents in closing at US$1 and ended with an exchange of 1,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.