Stocks closed marginally higher on the Jamaica Stock Exchange US dollar market index on Wednesday, following a 16 percent reduction in volume, with a 147 percent increase in value over Tuesday, driven by trading in nine securities, compared with 10 on Tuesday, with prices of four rising, two declining and three ending unchanged.
The market closed with an exchange of 75,771 shares for US$43,620, falling from 90,425 stocks at US$17,687 on Tuesday.
Trading closed with an average of 8,419 shares at US$4,847, down slightly from 9,043 stocks at US$1,769 on Tuesday, with a month to date average of 27,127 units at US$2,359 compared with 30,429 stocks at US$1,920 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index popped 0.15 points to finish at 203.85. 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 10.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with a financial year, ending around August 2025.
At the close of a moderate trading session, First Rock Real Estate USD share rallied 0.25 of a cent and ended at 1.95 US cents with investors trading 166 shares, Margaritaville rose 0.16 of a cent to 8.15 US cents after an exchange of 120 stocks, Sygnus Credit Investments lost 0.01 of a cent to close at 7.1 US cents with 22,666 shares crossing the market. Sygnus Real Estate Finance USD share ended at 6 US cents with investors swapping 5,754 units and Transjamaican Highway gained 0.01 of one cent in closing at 2.34 US cents with 19,384 stock units passing through the market.
In the preferred segment, JMMB Group 7.5% popped 4 cents to close at US$2.02 in trading 9,530 shares. JMMB Group US8.5% remained at US$1.10 as 17,925 stocks crossed the exchange, AS Bryden declined 3 cents and ended at 97 US cents after trading a mere 4 units and Productive Business Solutions 9.25% ended at US$10 in an exchange of 222 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 90,425 shares for US$17,687, up from 75,504 stocks at US$8,352 on Monday.
Trading averaged 9,043 shares at US$1,769 compared to 10,786 stocks at US$1,193 on Monday, with a month to date average of 30,429 units at US$1,920, down from 35,645 stocks at US$1,957 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index slipped 1.25 points to end at 203.69. The Investor’s Choice bid-offer indicator shows five 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 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 2025.
At the close, First Rock Real Estate USD share shed 0.25 of one cent to finish at 1.7 US cents after an exchange of 459 shares, Margaritaville climbed 1.06 cents to 7.99 US cents, with 186 units crossing the market, Productive Business Solutions increased 1 cent to close at US$1.19 with traders dealing in 25 shares. Proven Investments popped 0.15 of one cent and ended at 10.4 US cents after closing with an exchange of 2,730 stocks,
The market closed with an exchange of 75,504 shares for US$8,352, down from 255,956 stocks at US$19,600 on Friday.
The market closed with an exchange of 255,956 shares for US$19,600 compared to 525,864 stocks at US$12,652 on Thursday.
The market closed with trading of 525,864 shares valued US$12,652 compared with 106,960 stocks at US$15,796 on Wednesday.
The market closed with an exchange of 497,159 shares for US$23,827 compared to 5,779,467 stocks at US$171,261 on Monday.
The market closed June with an exchange of 5,779,467 shares for US$171,261 compared to 3,634,466 stocks at US$308,861 on Friday.
The market closed with trading averaging 605,744 shares at US$51,477, well above 23,024 stocks at US$2,398 on Thursday, with a month to date average of 592,249 units at US$19,359 which is in line with 591,678 stocks at US$18,002 on the previous day and well above May, with an average of 71,616 units for US$3,425.
The market closed with an exchange of 161,171 shares for US$16,786 compared to 86,887 stocks with a value of US$76,965 on Wednesday.