Trading slips on JSE USD market

Trading on Thursday, ended with the volume of shares changing hands falling 23 percent less with the value slipping 10 percent lower than on Wednesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in three securities changing hands, versus six on Wednesday with none rising, two declining and one ending unchanged.
The JSE US Denominated Equities Index rose 4.45 points to end at 207.63. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio is computed using ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall, 87,172 shares traded, for US$7,865 versus 113,123 units at US$8,786 on Wednesday. Trading averaged 29,057 units at US$2,622, compared to 18,854 shares at US$1,464 previously traded and month to date an average of 12,157 shares at US$1,195 versus 9,340 units at US$957 on Wednesday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows two stocks ending with the bid higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share fell 0.85 of a cent in closing at 6.1 US cents and trading 49,769 shares, Sygnus Credit Investments USD share declined 0.1 of a cent ending at 12.9 US cents after an exchange of 37,400 units and Transjamaican Highway ended unchanged at 0.84 of a US cent in exchanging 3 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.