Volume rises on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday with a 151 percent rise in the volume of stocks changing hands, valued being 37 percent less than on Friday, resulting from trading in six securities, compared to three on Friday, with two rising, three declining and one ending unchanged.
Overall, 189,439 shares were traded for US$6,710 compared to 75,479 units at US$10,720 on Friday.
Trading averaged 31,573 shares at US$1,118 compared with 25,160 units at US$3,573 on Friday, with a month to date average of 45,431 shares at US$2,327 compared with 46,970 units at US$2,461 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index fell 2.11 points to 230.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share shed 0.39 of a cent to end at 7 US cents with 404 shares crossing the market, Proven Investments lost 0.47 of one cent to end at 18.53 US cents with an exchange of 8,952 stock units, Sygnus Credit Investments USD share rallied 0.48 of one cent in closing at 10 US cents as 28,037 stocks passed through the market and Transjamaican Highway rose 0.07 of a cent to 0.97 of one US cent after exchanging 151,900 units.
In the preference segment, Productive Business 9.25% preference share remained at US$12 with a transfer of 76 units and JMMB Group 6% fell 8.94 cents in closing at 98.02 US cents with 70 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.