Trading tumbled on the Jamaica Stock Exchange US dollar market ended on Thursday, following the passage of Hurricane Beryl to the south of Jamaica on Wednesday when the market was closed with a 70 percent decline in the volume of stocks exchanged with a 51 percent lower value than on Tuesday, resulting in trading in five securities, with all declining compared to two on Tuesday.
The market closed with an exchange of 6,543 shares for US$244 compared to 21,979 units at US$501 on Tuesday.
Trading averaged 1,309 units at US$49 down from 10,990 shares at US$251 on Tuesday, with a month to date average of 3,177 shares at US$554 compared with 4,734 units at US$975 on the previous trading day and June that ended with an average of 53,325 units for US$3,682.
The US Denominated Equities Index lost 1.54 points to end at 235.55.
The PE Ratio, the most popular measure used in computing appropriate stock values, averages 7.8. The PE ratio is calculated based on last traded prices divided by projected earnings computed by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the market, Proven Investments shed 0.29 of a cent to finish at 12.71 US cents with investors trading 9 stock units, 
Sygnus Credit Investments lost 0.05 of a cent to close at 6.7 US cents with 108 shares clearing the market, Sygnus Real Estate Finance USD share skidded 1.32 cents to close at 8.8 US cents in an exchange of 40 units and Transjamaican Highway slipped 0.1 of a cent to close at 2 US cents with investors trading 6,286 stocks.
In the preference segment, JMMB Group US8.5% preference share declined 18.75 cents to end at US$1.0625 in switching ownership of 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All stocks fell on the JSE USD Market
July 4, 2024 by
