Rising stocks pushed the US Dollar Market of the Jamaica Stock Exchange higher on Tuesday, up 7 percent for the year to date, following an exchange of 12 securities, compared with 10 on Monday, with prices of five rising, one declining and six ending unchanged. The volume of stocks traded grew by 72 percent, with a 221 percent increase in value compared to Monday.
The market closed with an exchange of 587,819 shares for US$40,219 after jumping from 341,194 stock units at US$12,521 on Monday. Trading ended with an average of 48,985 shares at US$3,352 after rising from 34,119 stock units at US$1,252 on Monday, with a month to date average of 31,206 units at US$11,124 compared with 28,436 stock units at US$12,335 on the previous day and December that ended with an average of 75,710 units for US$4,415. The US Denominated Equities Index gained 5.07 points to wrap up trading at 227.22. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer. The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.9. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026. At the close of the market, First Rock Real Estate USD share advanced 0.43 of a cent in closing at 3.31 US cents with investors swapping 100 shares, MPC Caribbean Clean Energy ended at 41.28 US cents after closing with an exchange of 5 stocks, Productive Business Solutions rose 13 cents and ended at US$1.30 in an exchange of 20 shares. Proven Investments climbed 0.37 of one cent to finish at 9.87 US cents with 11,937 stock units crossing the market,
Sterling Investments remained at 2 US cents after an exchange of 723 units, Sygnus Credit Investments popped 0.09 of one cent to end at 6.58 US cents with 5,101 stocks clearing the market. Sygnus Real Estate Finance USD share gained 0.23 of one cent to 6.23 US cents after a transfer of three stock units and Transjamaican Highway dipped 0.05 of a cent to finish at 3.1 US cents with 563,424 shares crossing the exchange. In the preference segment, JMMB Group 7.5% remained at US$2 with traders dealing in 5,492 stock units. AS Bryden 6% ended at US$1 in an exchange of 3 shares, Productive Business Solutions 9.25% closed at US$10.50 with investors trading 4 stock units and Sygnus Credit Investments 8% remained at US$10 with 1,007 stocks passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.