Stocks delivered another record close for the US Dollar Market of the Jamaica Stock Exchange on Thursday, with the market rising 9.40 points to close at 281.17, for a gain of 32.5 percent for the year to date, following trading in only seven securities, compared with 12 on Tuesday, with prices of five rising, two declining and none ending unchanged. Trading jumped sharply over Tuesday’s levels, with Transjamaican Highway accounting for 3.445 million shares, contributing to the volume of stocks traded rising 612 percent with a 618 percent greater value than on Tuesday.
The market closed with an exchange of 3,562,272 shares worth US$167,176, up sharply from 500,438 units at US$23,300 on Tuesday.
Trading ended with an average of 508,896 shares at US$23,882 compared to 41,703 stock units at US$1,942 on Tuesday, with a month to date average of 96,327 units at US$7,208 compared with 71,644 stock units at US$6,210 on the previous day and January, ending with an average of 80,722 units for US$9,110.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.6. 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, Margaritaville gained 0.95 of a cent in closing at 9 US cents after a transfer of 19 shares, Productive Business Solutions rose 14.86 cents to US$1, with 10 stocks crossing the market, Proven Investments slipped 0.1 of a cent to finish at 8.4 US cents in trading 8,265 units. Sterling Investments advanced 0.21 of one cent and ended at 2.2 US cents after an exchange of 57,001 shares, Sygnus Credit Investments lost 0.02 of one cent to end at 6 US cents with 51,532 stock units passing through the market, Sygnus Real Estate Finance USD share popped 0.14 of one cent to close at 6.23 US cents in an exchange of 500 shares and Transjamaican Highway increased 0.21 of a cent to a record high of 4.9 US cents with 3,444,945 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.