Trading on the US dollar market of the Jamaica Stock Exchange dropped sharply on Wednesday, with the volume of stocks traded declining 59 percent, resulting in an exchange of only four securities compared to eight on Tuesday. At the close, prices of two securities rose, one declined and one remained unchanged.
The market closed with an exchange of 66,736 shares for US$8,755, falling sharply from 161,665 stocks at US$29,714 on Tuesday.
Trading averaged 16,684 shares at US$2,189, sliding from 20,208 stocks at US$3,714 on Tuesday, with a month to date average of 46,748 units at US$2,758, in line with 47,460 stocks at US$2,772 on the previous day and well below June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index lost 0.20 points to 205.67. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.3. 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 of the market, MPC Caribbean Clean Energy dropped 6 cents to 39 US cents in an exchange of a mere one share, Proven Investments rallied 0.3 of one cent to end at 10.8 US cents with investors trading 14,250 units and Transjamaican Highway popped 0.09 of one cent in closing at 2.4 US cents in switching ownership of 46,950 shares.
In the preference segment, JMMB Group US8.5% remained at US$1.10 after an exchange of 5,535 stock units.
Prices of securities traded are those of the last transaction of the day.
The market closed with an exchange of 1,153,803 shares for US$29,575, falling sharply from 200,040 stocks at US$20,497 on Friday.
Sterling Investments slipped 0.31 of a cent to finish at 1.79 US cents with 1,000,000 shares clearing the market. Sygnus Credit Investments remained at 7.57 US cents after an exchange of 2,052 stocks, Sygnus Real Estate Finance USD share sank 0.1 of one cent to end at 4.9 US cents, with 4 stock units crossing the market and Transjamaican Highway rallied 0.41 of one cent in closing at 2.41 US cents, with dealings in 127,180 stocks.
The market closed with an exchange of 200,040 shares for US$20,497, from 436,513 stocks at US$20,849 on Thursday.
Sygnus Credit Investments rose 0.51 of a cent to end at 7.57 US cents, with an exchange of 6,850 stock units and Transjamaican Highway fell 0.03 of a cent in closing at 2.3 US cents, with investors passing 157,350 stocks through the market.
The market closed with an exchange of 436,513 shares for US$20,848.80, well above 226,841 stocks at US$30,271 on Wednesday.
Sygnus Credit Investments sank 0.41 of one cent in closing at 7.06 US cents closing with 70,000 shares. Sygnus Real Estate Finance USD share remained at 5 US cents with an exchange of just 2 stocks and Transjamaican Highway climbed 0.02 of a cent to end at 2.33 US cents with 297,670 units crossing the market.
The market closed with an exchange of 290,134 shares for US$24,809, surging from 88,568 stocks at US$13,671 on Thursday.
Sygnus Credit Investments shed 0.08 of a cent to 7.5 US cents with 93,400 stock units crossing the exchange. Sygnus Real Estate Finance USD share ended at 5 US cents with traders dealing in 790 shares and Transjamaican Highway advanced 0.01 of a cent and ended at 2.46 US cents with 189,032 stock units crossing the market.
The market closed with an exchange of 88,568 shares for US$13,671, with a drop from 221,759 stocks to US$20,033 on Wednesday.
Sterling Investments ended at 2.1 US cents with investors trading 20,150 units, Sygnus Real Estate Finance USD share remained at 5 US cents with 9,883 shares crossing the exchange and Transjamaican Highway sank 0.01 of one cent to 2.45 US cents with investors trading 9,593 stock units.
The market closed with an exchange of 221,759 shares for US$20,033, up from 181,959 stocks at US$12,055 on Tuesday.
Proven Investments remained at 10.99 US cents, with investors dealing in 127,510 units, Sterling Investments ended at 2.1 US cents in an exchange of 500 shares. Sygnus Credit Investments rallied 0.46 of one cent to end at 7.58 US cents in trading of 249 stocks and Transjamaican Highway increased 0.08 of a cent to finish at 2.46 US cents with 91,911 stock units crossing the exchange.
The market closed with an exchange of 181,959 shares worth US$12,055, down from 353,790 stocks at US$13,093 on Monday.
Proven Investments ended at 10.99 US cents with 88 stock units crossing the exchange, Sygnus Credit Investments popped 0.01 of one cent in closing at 7.12 US cents with traders switching ownership of 55,100 units and Transjamaican Highway rallied 0.05 of a cent to finish at 2.38 US cents after an exchange of 122,626 stocks.
The market closed with an exchange of 353,790 shares for US$13,093, falling precipitously from 2,482,008 stocks at US$72,123 on Friday.
Sygnus Real Estate Finance USD share remained at 5 US cents after a transfer of 92 shares and Transjamaican Highway lost 0.04 of one cent to finish at 2.33 US cents as traders passed 349,156 stock units through the market.
The market closed with an average of 225,637 shares trading at US$6,557 compared to 12,905 stocks at US$1,783 on Thursday, with a month to date average of 52,330 units at US$2,858, above 25,095 stocks at US$2,277 on the previous day and June that ended with an average of 591,343 units for US$19,218.
Sygnus Real Estate Finance USD share dropped 1 cent and ended at 5 US cents in an exchange of 439 stocks and Transjamaican Highway rallied 0.03 of one cent to 2.37 US cents with 2,306,976 shares changing hands.