Funds passing through the US dollar market of the Jamaica Stock Exchange declined by 34 percent, but financed marginally more stocks on Tuesday. As was the case on Monday at the close of the market, 10 securities were exchanged, and ended with prices of two rising, four declining and four ending unchanged.
The market closed with an exchange of 142,347 shares for US$5,093 compared to 138,831 stock units at US$7,736 on Monday.
Trading averaged 14,235 shares at US$509 from 13,883 stock units at US$774 on Monday, with a month to date average of 37,936 units at US$1,703 after slipping from 40,827 stock units at US$1,848 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index fell 1.22 points to 201.95. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 8. The PE ratio is derived by dividing the last traded price by earnings per share. The earnings used for this report are compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share shed 0.38 of one cent to close at 2.16 US cents in an exchange of 150 shares, Margaritaville ended at 6.8 US cents with investors dealing in 1,541 units, MPC Caribbean Clean Energy rallied 7.37 cents in closing at 31.94 US cents after an exchange of 25 shares. Proven Investments fell 0.45 of a cent to finish at 9 US cents with 485 stocks passing through the market, Sterling Investments slipped 0.01 of a cent and ended at 1.99 US cents as investors exchanged 50 stock units, Sygnus Credit Investments rose 0.21 of a cent to end at 6.3 US cents with traders exchanging 7,186 shares. Sygnus Real Estate Finance USD share remained at 5.7 US cents after a transfer of 20 stocks and Transjamaican Highway sank 0.01 of one cent to 3 US cents with traders dealing in 132,456 units.
In the preference segment, JMMB Group US8.5% remained at US$1.18 with 400 stock units clearing the market and AS Bryden ended at US$1 with an exchange of 34 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.