Declining stocks weight on JSE USD Market



Investors pulled back in trading activity on the US Dollar Market of the Jamaica Stock Exchange on Monday, resulting in the volume of stocks traded declining by 44 percent, with a 34 percent lower value than on Friday. Transjamaican Highway accounted for 94% of all stocks traded after an exchange of nine securities, compared with 10 on Friday, with the price of one rising, five declining and three ending unchanged.

The market closed with an exchange of 778,828 shares worth US$41,701 in falling from 1,391,099 stock units at US$63,452 on Friday.
Trading ended with an average of 86,536 shares at US$4,633 after dropping from 139,110 stock units at US$6,345 on Friday, with a month to date average of 78,772 units at US$4,611 compared with 77,681 stock units at US$4,608 on the previous day and March, with an average of 93,192 units for US$48,041.
The US Denominated Equities Index shed 8.40 points to 260.27. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 9.8. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share used in this report for companies with their financial year ending around August 2026.
At the close of the market, Margaritaville remained at 7 US cents after an exchange of 54 shares, Productive Business Solutions fell 3.01 cents to US$1.02 after dealers swapped 50 stock units, Proven Investments slipped by 0.06 of one cent to finish at 7.05 US cents with traders dealing in 11,743 shares. Sterling Investments ended at 1.98 US cents in an exchange of 5,908 stocks, Sygnus Credit Investments dipped by 0.2 of one cent to close at 6.1 US cents following trading in 14,625 stock units, Sygnus Real Estate Finance USD share remained at 4.5 US cents after an exchange of 10,034 stocks and Transjamaican Highway gained 0.18 of a cent to 4.44 US cents trading 728,361 units.
In the preference segment, JMMB Group US8.5% slipped 1.3 cents and ended at US$1.01 with an exchange of 8,050 shares and Sygnus Credit Investments 8% declined 25 cents in closing at US$10 with only 3 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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