Volume climbs for JSE USD stocks

Trading on Wednesday ended with the market rising after trading 51 percent more shares than on Tuesday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks rising than falling.
Six securities traded on Wednesday, compared to five on Tuesday with three stocks rising, one declining while two finished unchanged.
The JSE USD Equity Index gained 1.04 points to end at 195.18. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 336,261 shares traded for US$10,167 compared to 223,012 units at US$22,412 on Tuesday.
Trading averaged 56,044 units at US$1,694, in contrast to 44,602 shares at US$4,482 on Tuesday. Trading averaged 81,042 units for the month to date at US$4,348 in contrast to 82,621 units at US$4,516 on Tuesday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital declined 0.79 of a cent to close at 7.21 US cents after trading two shares, MPC Caribbean Clean Energy remained at US$1.05 after 45 stock units changed hands, Proven Investments popped 0.8 of a cent to  25.85 US cents after the trading of 29,433 shares. Sterling Investments remained at 2 US cents with 2,155 shares clearing the market and Transjamaican Highway gained 0.03 of a cent to close at 0.85 US cents with the swapping of 304,576 units.
In the preference segment, JMMB Group 6% increased 7 cents to US$1.10, trading 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.