JSE USD Market slips on Tuesday

Trading on the USD market ended on Tuesday with the market declining as investors transferred 92 percent fewer shares than on Monday for 78 percent less the value, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to six on Monday, with the prices of one stock rising and four declining.
 The JSE USD Equity Index fell 5.46 points to end at 189.14. The PE Ratio, a measure that computes appropriate stock values, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 33,246 shares traded for US$3,331 compared to 412,152 units at US$15,255 on Monday.
Trading averaged 6,649 units at US$666, compared to 68,692 shares at US$2,542 on Monday. Trading month to date averages 187,562 units at US$18,195 versus 196,792 units at US$19,089 on Monday. June ended with an average of 87,444 units for US$6,162.
 Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than their last selling prices and three with lower offers.
At the close, First Rock Capital gained 0.74 of a cent to end at 7.9 US cents with 13,597 shares traded, Proven Investments dropped 2 cents to 23 US cents with an exchange of 4,332 stocks, Sygnus Credit Investments J$ denominated stock declined 0.7 of a cent to finish at 15.3 US cents with a transfer of 48 units. Sygnus Credit Investments US$ denominated stock fell 0.8 of a cent to 12.2 US cents with investors switching ownership of 10,250 stock units and Transjamaican Highway slipped 0.05 US of a cent to 0.88 of a US cent with 5,019 stocks crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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