Volume down value up on JSE USD Market

Trading on Tuesday ended with the volume of shares changing hands declining 40 percent but with 164 percent greater value than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in a rise of the market index.
Trading ended with four securities changing hands, compared to six on Monday, with prices of two rising, one declining and one ending unchanged. The JSE US Denominated Equities Index gained 6.17 points to end at 203.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.4. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year up to August 2022.
Overall,283,917 shares traded for US$47,378 versus 473,373 units at US$17,944 on Monday.
Trading averaged 70,979 units at US$11,844 compared to 78,896 shares at US$2,991 on Monday and month to date an average of 40,636 shares at US$3,052 versus 36,843 units at US$1,953 on Monday. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital USD share shed 0.03 of a cent in closing at 6.89 US cents after an exchange of 185 shares, Proven Investments rallied 0.01 of a cent to end at 22.01 US cents with the swapping of 117,127 stocks, Sygnus Credit Investments USD share gained 0.99 of one cent in ending at 13 US cents in exchanging 158,693 units and Transjamaican Highway ended unchanged at 0.87 of a US cent after trading 7,912 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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