Winners & losers split JSE USD market

Trading pulled back on Friday, from Thursday levels with the volume of stocks traded declining 66 percent less and the value 70 percent lower at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising than declining.
A total of 10 securities traded, up from six on Thursday with four rising, four declining and two ending unchanged.
Overall, 85,406 shares traded, for US$14,539 versus 252,463 units at US$48,827 on Thursday. Trading averaged 8,541 units at US$1,454, down from 42,077 shares at US$8,138 on Thursday. June ended with an average of 71,901 units for US$8,793.
The JSE US Denominated Equities Index gained 2.44 points to end at 214.09.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses earnings forecasts for companies with financial years ending, up to August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.79 of a cent to 7.84 US cents in trading 210 shares, MPC Caribbean Clean Energy remained at US$1.38, with 21 stock units crossing the market, Productive Business Solutions increased 1 cent to US$1.15 after just one stock crossed the exchange. Proven Investments shed 0.22 of a cent to close at 24.75 US cents in exchanging 58,539 units, Sterling Investments declined 0.02 of a cent to close at 2.1 US cents with 8,471 stock units clearing the market, Sygnus Credit Investments USD share fell 0.5 of a cent in closing at 12 US cents with an exchange of 3,614 units. Sygnus Real Estate Finance USD share ended at 12 US cents and 72 shares changed hands and Transjamaican Highway lost 0.04 of a cent to close at 0.96 of one US cent and closed, with 14,424 stocks trading.In the preference segmentJMMB Group 5.75% advanced 5 cents to end at US$2.30 trading one unit and JMMB Group 6% rallied 5 cents to US$1.10 in an exchange of 53 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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