Winning JSE USD stocks whip losers

Trading dropped on the Jamaica Stock Exchange US dollar market on Thursday, with an 89 percent fall in the volume of stocks exchanged with a 55 percent lower value than on Wednesday, resulting in activity in seven securities, compared to five on Wednesday with prices of four rising, one declining and two ending unchanged.
The market closed with an exchange of 43,698 shares for US$3,627 compared to 411,077 units at US$8,093 on Wednesday.
Trading averaged 6,243 stock units at US$518 down from 82,215 shares at US$1,619 on Wednesday, with a month to date average of 36,024 shares at US$2,283 compared with 46,448 units at US$2,901 on the previous day and July that ended with an average of 30,304 units for US$2,118.
The US Denominated Equities Index gained 1.72 points to end the day at 224.82.
The PE Ratio, a most used measure for computing appropriate stock values, averages 8.1. The PE ratio is calculated based on last traded prices divided by projected earnings done by ICInsider.com for companies with financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share sank 0.85 of one cent in closing at 4 US cents with investors trading 606 stocks, Margaritaville popped 0.3 of a cent to 8.4 US cents with 750 units changing hands, Proven Investments climbed 0.9 of one cent and ended at 11.9 US cents with an exchange of 23,075 shares. Sterling Investment rose 0.02 of a cent to close at 1.75 US cents with 4,000 stock passing through the market, Sygnus Credit Investments advanced 0.5 of one cent to end at 7 US cents in an exchange of 2,284 shares and Transjamaican Highway ended at 2.08 US cents with investors trading 12,935 stocks.
In the preference segment, Sygnus Credit Investments E8.5% remained at US$10.34 in exchanging 48 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.