Trading dips on the JSE USD market

Trading on Tuesday ended with the market rising moderately after trading 55 percent fewer shares than on Monday, at the close of the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.
Seven securities changed hands, compared to six on Monday, with one rising, three declining and three closing unchanged.
The JSE USD Equity Index gained 1.32 points to end at 209.97. The average PE Ratio closed at 12.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 155,664 shares traded for US$24,831 versus 345,477 units at US$9,126 on Monday.
Trading averaged 22,238 units at US$3,547, in contrast to 57,580 shares at US$1,521 on Monday. Trading month to date averages 46,753 units at US$2,303 in contrast to 51,657 units at US$2,054 on Monday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, First Rock Capital traded 39,486 shares in closing at 8.9 US cents, Margaritaville finished at 9 US cents in exchanging 2,866 stock units, Proven Investments fell 0.1 of a cent to 25 US cents with the swapping of 44,630 units. Sterling Investments shed 0.22 of a cent to close at 2.07 US cents while exchanging 13,942 shares, Sygnus Credit Investments fell 0.99 of a cent to 14.01 US cents while exchanging 32,350 stock units and Transjamaican Highway rose 0.11 of a cent to 0.96 of a US cent after exchanging 20,020 stocks.
In the preference segment, JMMB Group 5.75% closed at US$2.05 after trading 2,370 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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