The US Dollar Market of the Jamaica Stock Exchange closed on Friday, with the volume of stocks traded declining 16 percent with a 17 percent lower value than on Thursday, resulting in an exchange of eight securities, compared with seven on Thursday, with prices of two rising, three declining and three ending unchanged.
The market closed with an exchange of 447,663 shares for US$23,128 compared to 535,822 stock units at US$27,949 on Thursday.
Trading ended with an average of 55,958 shares at US$2,891 after sliding from 76,546 stocks at US$3,993 on Thursday, with a month to date average of 53,680 units at US$2,793 compared with 52,161 stock units at US$2,728 on the previous day and June that ended with an average of 625,703 units for US$203,999.
The US Denominated Equities Index rose 2.88 points to finish at 246.84. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 7.5. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, First Rock Real Estate USD share ended at 2.5 US cents with a transfer of 3,333 shares, Margaritaville dropped 1.9 cents to 5 US cents in an exchange of 98,852 units. Proven Investments shed 0.05 of a cent to close at 6.8 US cents with 1,100 stocks clearing the market, Quantas Advantage traded for the first time since listing this week and closed at 12 US cents after an exchange of 2,000 stock units, Sterling Investments rallied 0.39 of a cent to end at 2 US cents after a transfer of 2,000 units, Sygnus Credit Investments declined 0.13 of one cent in closing at 5.85 US cents with 559 stocks passing through the market and Transjamaican Highway rose 0.19 of one cent to close at a record high of 5.29 US cents, with 339,797 shares crossing the exchange.
In the preference segment, JMMB Group US8.5% ended at US$1.20 with investors trading 22 stock units.
The closing prices of stocks trading are those of the last transaction.
At the close, 535,822 shares were traded for US$27,949, up from just 90,111 stock units at US$4,785 on Wednesday. Trading ended with an average of 76,546 shares at US$3,993, after rising from 18,022 stock units at US$957 on Wednesday, with a month to date average of 52,161 units at US$2,728 compared with June that ended with an average of 625,703 units for US$203,999.
price of one declining and four ending unchanged.
The market closed with an exchange of 101,881 shares worth US$6,258, down from 156,673 stock units at US$8,371 on Monday.
The market closed with an exchange of 156,673 shares for US$8,371 compared to 723,905 stock units at US$40,951 on Friday.
The market closed with an exchange of 723,905 shares for US$40,951, compared to 155,612 stock units at US$7,815 on Thursday.
The market closed with an exchange of 155,612 shares for US$7,815, an increase from 105,531 stock units at US$5,448 on Wednesday.
Trading ended with an average of 78,723 shares at US$4,825 after rising from 29,590 stock units at US$1,488 on Monday, well below the month to date average of 741,824 units at US$244,573 after slipping from 775,541 stock units at US$256,764 on the previous day and May that ended with an average of 180,903 units for US$8,607.
Proven Investments rose 0.58 of a cent to 6.94 US cents with an exchange of 35,065 stock units, Sygnus Credit Investments gained 0.5 of a cent to end at 6 US cents with 57,040 shares changing hands and Transjamaican Highway ended at 5 US cents as investors exchanged 379,041 stocks.
The market closed with an exchange of 236,718 shares worth US$11,905, after an increase from 215,394 stocks at US$21,614 on Friday.