Trading dropped on the Jamaica Stock Exchange US dollar market on Monday, with a 68 percent plunge in the exchange of shares with the value 56 percent lower than on Friday, resulting in trading of seven securities, compared to six on Friday with prices of two rising, two declining and three ending unchanged.
The market closed with an exchange of 121,661 shares for US$8,414 compared to 386,222 units at US$19,062 on Friday.
Trading averaged 17,380 shares at US$1,202 compared to 64,370 stocks at US$3,177 on Friday, with a month to date average of 61,305 units at US$3,410 compared with 66,999 shares at US$3,696 on the previous day and September that ended with an average of 161,382 units for US$5,462.
The US Denominated Equities Index popped 1.68 points to settle at 222.28. The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and one with a lower offer
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.7. 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 market activities, Margaritaville ended at 10 US cents with an exchange of 1,100 stock units, Proven Investments rallied 1 cent to 10 US cents with 9,140 shares crossing the market, Sterling Investments shed 0.05 of a cent to 1.5 US cents after a transfer of 6,000 units. Sygnus Credit Investments fell 0.02 of one cent to close at 7.28 US cents after 32,734 stocks passed through the exchange, Sygnus Real Estate Finance USD share remained at 5.5 US cents with investors swapping 19,900 shares and Transjamaican Highway remained at 2.05 US cents in switching ownership of 50,224 stock units.
In the preference segment, JMMB Group US8.5% preference share inched 1 cent higher to US$1.09 as investors exchanged 2,563 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 25,171 shares for US$2,096 compared to 484,869 units at US$42,958 on Tuesday.
At the close, First Rock Real Estate USD share ended at 4.03 US cents after investors traded 182 stocks, Proven Investments popped 0.1 of a cent to end at 11.9 US cents in trading 1,171 shares, Sygnus Credit Investments shed 0.49 of one cent in closing at 7 US cents after a transfer of 21,798 units and Transjamaican Highway increased 0.08 of a cent to finish at 2.08 US cents with investors trading 1,759 stocks.
The market closed with an exchange of 484,869 shares for US$42,958 compared to 36,773 units at US$4,077 on Monday, as trading averaged 60,609 stock units at US$5,370 versus 4,597 shares at US$510 on Monday, with a month to date average of 37,198 shares at US$2,721 compared with 34,886 units at US$2,459 on the previous day and June that ended with an average of 53,325 units for US$3,682.
Sterling Investments sank 0.34 of a cent to close at 1.49 US cents after 201 shares passed through the market, Sygnus Credit Investments dipped 0.01 of a cent to7.49 US cents with investors dealing in 1,981 stocks and Transjamaican Highway fell 0.03 of a cent to 2 US cents closed at 295,011 units.
MPC Caribbean Clean Energy fell 1 cent to 69 US cents after 298 stocks changed hands, Proven Investments ended at 12 US cents, with 150 shares crossing the market, Sterling Investments rose 0.06 of a cent to end at 1.83 US cents with investors trading 706 stock units and Transjamaican Highway rallied 0.03 of a cent to 2.03 US cents with investors dealing in 19,424 stocks.
The market closed with an exchange of 54,388 shares for US$1,299 compared to 243,125 units at US$8,678 on Thursday.
Margaritaville sank 0.5 of a cent and ended at 8 US cents after just 1 stock passed through the market. MPC Caribbean Clean Energy rose 1 cent to close at 70 US cents as investors exchanged a mere 1 stock unit and Transjamaican Highway lost 0.09 of a cent in closing at 2 US cents with 51,165 shares clearing the market.
The market closed with an exchange of 243,125 shares for US$8,678 compared to 514,418 stock units at US$11,601 on Wednesday.
At the close, First Rock Real Estate USD share skidded 0.44 of a cent to 4.03 US cents with investors trading 6,958 shares, MPC Caribbean Clean Energy slipped 1 cent in closing at 69 US cents after an exchange of 95 stocks, Proven Investments ended at 12 US cents, with trading of 35,729 shares and Transjamaican Highway climbed 0.07 of a cent and ended at 2.09 US cents and closed after 200,343 stock units were traded.
At the close, AS Bryden ended at 22.49 US cents, after 2,019 shares passed through the market, Proven Investments remained at 12 US cents with investors dealing in 1,000 units, Sterling Investments increased 0.19 of a cent to end at 1.77 US cents after a transfer of 25,550 stocks and Transjamaican Highway declined 0.03 of a cent to finish at 2.02 US cents with investors swapping 485,461 stock units.
The market closed with an exchange of 123,275 shares for US$3,408 down from 243,637 units at US$6,654 on Monday.
MPC Caribbean Clean Energy declined 0.15 of a cent to 70 US cents with a transfer of 151 stocks, Proven Investments remained at 12 US cents after an exchange of 7,654 units. Sterling Investments gained 0.05 of a cent to end at 1.58 US cents with investors swapping 14,193 stock units, Sygnus Credit Investments ended at 7.5 US cents after an exchange of 982 shares and Transjamaican Highway popped 0.05 of a cent and ended at 2.05 US cents with investors trading 100,000 stock units.
The market closed with an exchange of 243,637 shares for US$6,654 compared to 269,334 units at US$34,981 on Friday.
Sterling Investments rose 0.1 of a cent and ended at 1.53 US cents with 15 shares clearing the market. Sygnus Credit Investments ended at 7.5 US cents in switching ownership of just 20 stock units and Transjamaican Highway remained at 2 US cents with investors trading 238,718 shares.
The market closed with an exchange of 269,334 shares for US$34,981 compared to 222,252 units at US$66,982 on Thursday.
Margaritaville slipped 0.4 of one cent to end at 8.5 US cents after an exchange of 240 shares. MPC Caribbean Clean Energy popped 9.15 cents and ended at a 52 weeks’ high of 70.15 US cents with investors trading 14 stocks, Proven Investments remained at 12 US cents with an exchange of 115,060 shares and Transjamaican Highway ended at 2 US cents after 126,852 stocks crossed the market.