The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded declining by 84 percent, with a 95 percent lower value than on Thursday, resulting in an exchange of five securities, compared with nine on Thursday, with prices of two rising, one declining and two ending unchanged.
The market closed with an exchange of 102,680 shares for US$6,965 after plunging from 654,501 stock units at US$127,810 on Thursday.
Trading ended with an average of 20,536 shares at US$1,393, tumbling from 72,722 stock units at US$14,201 on Thursday, with a month to date average of 150,266 units at US$7,196 compared with 159,805 stocks at US$7,622 on the previous day and August that ended with an average of 261,739 units for US$8,269.
The US Denominated Equities Index advanced 1.08 points to finish at 204.84. 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 frequently used measures to determine appropriate stock values, averages 10.1. 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 2026.At the close of trading, Proven Investments rose 0.27 of one cent in closing at 9.87 US cents with investors dealing in 1,895 shares, Sterling Investments remained at 2.02 US cents with 2,558 stock units clearing the market, Sygnus Credit Investments ended at 7.2 US cents with investors swapping 4,452 shares and Transjamaican Highway rose 0.04 of a cent and ended at 2.47 US cents closing with 93,365 stocks.
In the preference segment, Sygnus Credit Investments 8% dropped US$1.49 to finish at US$10.00, with investors exchanging 410 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 991,036 shares for US$40,146, soaring from 99,949 stock units with a value of US$34,172 on Tuesday.
The market closed with trading in 99,949 shares for US$34,172, tumbling from 142,485 stocks at US$29,278 on Monday.
The market closed with an exchange of 234,618 shares for US$22,007, down from 1,092,929 stock units at US$65,621 on Thursday.
The market closed with an exchange of 1,092,929 shares for US$65,621 compared to 203,548 stocks at US$5,046 on Wednesday.
The market closed with an exchange of 203,548 shares for US$5,046, down sharply from 7,320,894 stock units at US$182,827 on Tuesday.
The market closed with an exchange of 7,320,894 shares worth US$182,827, up from just 126,779 stocks at US$11,408 on Monday.
The market closed with an exchange of 126,779 shares for US$11,408, down sharply from 3,052,858 stocks at US$79,166 on Friday.
The market closed with an exchange of 844,825 shares for US$48,855 tumbling from 28,260,743 stocks at US$652,562 on Monday.