Trading on the US Dollar market jumped higher on Tuesday, with Transjamaican Highway now released from the pressure of the public offer of shares sold by the Government of Jamaica, accounted for just over 81 percent of the day’s trade on the Jamaica Stock Exchange US Dollar market, and pushing the volume and value of stocks traded up a solid 355 percent and 279 percent, respectively, over that on Monday.
At the close of the market, ten securities were exchanged, up from six on Monday, with half coming from the preferred section of the market, with prices of four stocks rising, two declining and four ending unchanged.
The market closed with an exchange of 1,129,940 shares for US$134,480, sharply beyond the 298,433 stocks changing hands at US$29,583 on Monday.
Trading averaged 112,994 shares at US$13,448, sharply above the 49,739 stocks at US$4,931 on Monday, with a month to date average of 80,812 units at US$7,651, which is well aligned to 77,989 stocks at US$7,142 on the previous day and February that ended with an average of 115,433 units for US$5,430.
The US Denominated Equities Index advanced 6.30 points to 230.55. The Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the popular measures used to determine appropriate stock values, averages 11. 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, AS Bryden gained 0.6 of one cent to end at 20.4 US cents with 49 stock units crossing the market, First Rock Real Estate USD share shed 0.01 of a cent to end at 2.09 US cents in an exchange of a mere 4 shares, Proven Investments remained at 10 US cents with traders dealing in 134,531 stocks. Sygnus Credit Investments ended at 7 US cents to close with an exchange of 6,326 units and Transjamaican Highway popped 0.11 of a cent in closing at 2.7 US cents after a transfer of 919,012 shares.
In the preference segment, JMMB Group 7.5% preferred share advanced 1 cent to finish at US$2.01 in trading 24,482 stocks. JMMB Group US8.5% preference share ended at US$1.03 with 45,457 units passing through the market, Productive Business Solutions 9.25% preference share ended at US$10.80 with investors trading 12 stock units, Sygnus Credit Investments US 8% rose 3 cents to finish at US$8.68, with 30 shares clearing the market and Sygnus Credit Investments E8.5% declined 20 cents to end at US$9.80 with 37 stock units switching owners.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The market closed with an exchange of 1,553,053 shares for US$42,992, increasing from 548,952 stocks for US$20,373 on Thursday.

The market closed trading with an exchange of 742,788 shares for US$92,365 compared to 648,661 stocks at US$55,393 on Monday.
The market closed with an exchange of 648,661 shares for US$55,393 down from 694,093 stocks at US$93,230 on Friday.
