JSE USD market ekes out some gains

Trading ended on Tuesday, with the number of securities changing hands rising Monday’s levels and leading to more shares changing hands than at the close of the Jamaica Stock Exchange US dollar market on Monday as eight securities changed hands, compared to four on Monday with prices of three rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index gained 3.56 points to end at 204.23.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratio calculations use earnings forecasts ICInsider.com of companies with the financial years, ending up to August 2022.
A total of 31,355 shares traded for US$3,063 down from 23,647 units at US$5,377 on Monday. Trading averages 3,919 units at US$383 versus 5,912 shares at US$1,344 on Monday and month to date an average of 4,584 shares at US$703. December ended with an average of 439,975 units for US$68,382.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share gained 0.95 of a cent to end at 6.95 US cents in an exchange of 58 shares, Margaritaville ended unchanged at 9.5 US cents, trading 17,200 stocks, MPC Caribbean Clean Energy rallied 16.2 cents to close at US$1.242 in trading 673 units. Proven Investments fell 0.27 of a cent to 22.5 US cents with an exchange of 849 stock units, Sterling Investments remained at 2.1 US cents after exchanging 432 shares, Sygnus Credit Investments USD share shed 0.3 of a cent to land at 12.6 US cents with 82 stock units crossing the market. Sygnus Real Estate Finance USD share increased 0.1 of a cent to 14 US cents with the swapping of 2,061 stocks and Transjamaican Highway finished unchanged at 0.9 US cents, with 10,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com