Broad-based trading on the Jamaica Stock Exchange US dollar market ended on Monday, with solid contribution from preferred shares, resulting in the exchange of 15 securities, up from 11 on Friday, with prices of eight stocks declining and seven ending unchanged. At the close, the volume of stocks traded rose 136 percent, with a 292 percent jump in value compared to Friday.
The market closed with an exchange of 1,023,379 shares for US$89,468, up from 433,666 stock units at US$22,834 on Friday.
Trading averaged 68,225 shares at US$5,965, up from 39,424 stock units at US$2,076 on Friday, with the month to date averaging 246,119 units at US$10,570 compared with 264,272 stocks at US$11,040 on the previous day and March with an average of 92,288 units for US$8,588.
The US Denominated Equities Index fell 2.35 points to settle at 209.86. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 11.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share remained at 1.99 US cents with 9 shares changing hands, Margaritaville dipped 0.2 of one cent and ended at 8 US cents with 753 units crossing the exchange, MPC Caribbean Clean Energy fell 4.87 cents to close at 39.99 US cents with investors trading just one stock. Productive Business Solutions ended at US$1.43 and closed with 34 shares being traded, Proven Investments ended at 11 US cents with investors dealing in 335,241 stock units, Sterling Investments remained at 1.96 US cents after a transfer of 10,083 shares. Sygnus Credit Investments shed 0.1 of one cent to 8.7 US cents in switching ownership of 2,372 stocks, Sygnus Real Estate Finance USD share remained at 8.85 US cents with investors swapping 307 units and Transjamaican Highway dropped 0.28 of a cent to end at 2.28 US cents after an exchange of 648,515 stock units.
In the preference segment, JMMB Group 7.5% preferred share ended at US$1.98 with 5,442 shares clearing the market, JMMB Group US8.5% preference share sank 2.79 cents and ended at US$1.00 in an exchange of 20,000 stocks, Productive Business Solutions 9.25% preference share slipped 40 cents to finish at US$10 after trading of 80 units. Sygnus Credit Investments US8% lost 0.01 of a cent and ended at US$8.40 with a transfer of 12 stock units, Sygnus Credit Investments US8% ended at US$10 as investors exchanged 450 shares and Sygnus Credit Investments E8.5% sank US$1.1999 to end at US$8.80 in trading 80 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.