16% gain to date for JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange closed out the first six months of the year on Tuesday, with the US Denominated Equities Index advancing 4.62 points to end at 246.35, with a year to date rise of 16.1 percent. The volume of stocks traded declined by 35 percent with a 25 percent lower value than on Monday, following an exchange of seven securities, compared with three on Monday, with prices of three rising, two declining and two ending unchanged.

The market closed with an exchange of 101,881 shares worth US$6,258, down from 156,673 stock units at US$8,371 on Monday.
Trading ended with an average of 14,554 shares at US$894 well lower than the 52,224 stocks at US$2,790 on Monday, with a month to date average of 625,703 units at US$203,999 compared with 655,830 stock units at US$214,012 on the previous day and higher than May with an average of only 180,903 units for US$8,607.
The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.3. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close, First Rock Real Estate USD share remained at 2 US cents with a transfer of 11,642 units, Margaritaville ended at 6.96 US cents with 5 stocks crossing the market, Proven Investments advanced 0.51 of a cent to 6.89 US cents in switching ownership of 62,951 shares. Sterling Investments lost 0.09 of one cent to finish at 1.61 US cents with investors swapping 1,129 stock units, Sygnus Real Estate Finance USD share skidded 1.18 cents in closing at 3.76 US cents, with 2,458 shares crossing the exchange and Transjamaican Highway rose 0.13 of a cent to end at 5.19 US cents with investors dealing in 23,376 stock units.
In the preference segment, JMMB Group US8.5% rallied 9 cents to US$1.24 after 320 stocks passed through the market.
Closing stock prices are those for the last transaction.

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