Trading drops for US Market on Thursday

Four securities traded on Thursday, down from six on Wednesday on the JSE USD market, with one stock rising, one declining and two ending unchanged, with the market index rising slightly, after an exchange of 93 percent fewer shares at 90 percent less value than on Wednesday and resulting in an even number of stocks falling and rising.
Overall, 31,160 shares traded for US$4,667, down fr0m 460,057 units at US$47,267 on Wednesday. Trading averaged 7,790 units at US$1,167 in contrast to 76,676 shares at US$7,878 on Wednesday. The month to date averaged 95,123 units at US$4,916 in contrast to 100,043 units at US$5,127 on Wednesday. May ended with an average of 138,035 units for US$17,391.
The JSE USD Equity Index rose 1.78 points to 198.87. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s forecast of 2021-22 earnings.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital ended at 9 US cents with 7,748 shares traded, Proven Investments gained 0.05 of a cent to finish at 25.95 US cents with 4,455 stocks changing hands, Sterling Investments remained at 2 US cents with investors switching ownership of 225 units and Sygnus Credit Investments fell 0.26 of a cent to 14.99 US cents, with 18,732 shares crossing the exchange.

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

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