Stocks recorded gain in trading on the Jamaica Stock Exchange US dollar market on Friday, but the volume of stocks changing hands declined 81 percent, with an 84 percent lower value than on Thursday, resulting in seven securities traded, compared to eight on Thursday with one rising, five declining and one ending unchanged.
A total of 94,250 shares were exchanged for US$10,054 compared with 500,869 units at US$62,995 on Thursday.
Trading averaged 13,464 shares at US$1,436 compared with 62,609 shares at US$7,874 on Thursday, well down on the average for August of 57,291 units at US$4,251.
The US Denominated Equities Index rose 5.31 points to settle at 245.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents after 327 shares were traded, MPC Caribbean Clean Energy dipped 10.75 cents to end at 54 US cents after an exchange of 18 stocks, Productive Business Solutions gained 9.5 cents to end at US$1.795, with 216 units clearing the market. Proven Investments skidded 0.05 of a cent and ended at 14.95 US cents with investors transferring 56,539 stocks, Sterling Investments shed 0.04 of a cent to land at 1.9 US cents with an exchange of 70 units, Sygnus Credit Investments fell 1.03 cents to 9.2 US cents while investors traded 9,200 stocks and Transjamaican Highway dipped 0.01 of a cent to end at 1.73 US cents with stakeholders exchanging 27,880 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 500,869 shares were traded for US$62,995 compared to 136,351 units at US$23,735 on Wednesday.
Sterling Investments dipped 0.04 of a cent to 1.94 US cents in trading 241,000 stocks, Sygnus Credit Investments ended at 10.23 US cents with investors dealing in 192 shares and Transjamaican Highway popped 0.04 of a cent in closing at 1.74 US cents after an exchange of 151,153 stock units.
A total of 136,351 shares were exchanged for US$23,735 compared with 593,068 units at US$64,296 on Tuesday.
Investments gained 0.45 of one cent and ended at 15 US cents in an exchange of 70,006 stock units. Sygnus Credit Investments climbed 1.13 cents to end at 10.23 US cents with 21,557 stocks changing hands, Sygnus Real Estate Finance USD share ended at 10 US cents with shareholders swapping 48 units and Transjamaican Highway rose 0.09 of a cent and ended at 1.7 US cents, with 21,369 stock units crossing the market.
Overall, 593,068 shares were traded for US$64,296 compared with 884,498 units at US$16,456 on Monday.
At the close, Margaritaville dipped 0.01 of a cent to 11.49 US cents after 3,909 shares changed hands, Productive Business Solutions ended at US$1.70 after 45 units were traded, Proven Investments fell 0.1 of a cent to close at 14.55 US cents in trading 409,526 stocks. Sterling Investments rallied 0.04 of a cent to end at 1.98 US cents, with trading in 91,000 shares, Sygnus Credit Investments rose 0.04 of a cents to 9.1 US cents after a transfer of 1,001 units and Transjamaican Highway skidded 0.08 of a cent to end at 1.61 US cents with an exchange of 87,500 shares.
and resulting in the trading of three securities, compared to four on Friday with none rising, two declining and one ending unchanged.
than their last selling prices and two with lower offers.
A total of 109,502 shares were exchanged for US$16,272 compared to 389,899 units at US$37,298 on Thursday.
At the close, MPC Caribbean Clean Energy declined 4 cents to 53 US cents, with investors exchanging 292 shares, Proven Investments gained 0.2 of a cent and ended at 14.8 US cents in exchanging 108,621 stocks, Sygnus Credit Investments dipped 1.43 cents to 9.06 US cents, with 477 stock units changing hands and Transjamaican Highway dropped 0.05 of a cent in closing at 1.7 US cents in an exchange of 112 units.
MPC Caribbean Clean Energy declined 8 cents to 57 US cents and closed with an exchange of 682 units. Proven Investments shed 0.2 of a cent to end at 14.6 US cents, with 157,209 stock units changing hands, Sygnus Credit Investments fell 0.31 of a cent to 10.49 US cents, with 1,734 units being traded and Transjamaican Highway ended at 1.75 US cents with traders dealing in 130,269 stocks.
At the close, First Rock Real Estate USD share ended at 4 US cents after 376 shares were traded, Margaritaville shed 0.4 of a cent to close at 11.1 US cents with investors trading 26,918 units, MPC Caribbean Clean Energy ended at 65 US cents in an exchange of 510 stock units, Proven Investments popped 0.3 of a cent to close at 14.8 US cents, with 7,529 stocks passing through the market and Sterling Investments dropped 0.03 of a cent and ended at 1.94 US cents with investors dealing in 215 units.
Productive Business Solutions shed 10 cents to end at US$1.70 while exchanging 62 stocks. Proven Investments remained at 14.5 US cents to close trading of 5,000 stock units, Sterling Investments gained 0.17 of a cent to end at 1.97 US cents in an exchange of 247 stocks, Sygnus Credit Investments advanced 1.8 cents to 10.8 US cents, with 1,845 units crossing the exchange, Sygnus Real Estate Finance USD share rallied 0.01 of a cent to 10 US cents in trading 19,478 shares and Transjamaican Highway fell 0.04 of a cent to 1.75 US cents after a transfer of 14,568 stock units.
A total of 282,396 shares were exchanged for US$9,019, compared with 595,775 units at US$31,180 on Friday.
Margaritaville ended at 11.34 US cents after a transfer of 534 units, Proven Investments fell 0.3 of a cent in closing at 14.5 US cents as investors exchanged 6,245 stock units, Sygnus Credit Investments rallied 0.5 cents to 9 US cents, with 76 stock units changing hands and Transjamaican Highway rose 0.04 of a cent to 1.79 US cents after an exchange of 271,992 stocks.