Falling stocks rule on JSE USD Market


Stocks endured selling pressure on the US Dollar Market of the Jamaica Stock Exchange on Wednesday, and ended driving the market index down nearly 4 percent with an exchange of 13 securities, up from 12 on Tuesday, as the price of only one stock rose, six declined and six ended unchanged. The volume of stocks traded decreased 31 percent with a 35 percent lower value than on Tuesday.

The market closed with an exchange of 740,004 shares valued at US$30,128, after dropping from 1,068,470 stock units at US$46,136 on Tuesday.
Trading ended with an average of 56,923 shares at US$2,318, after sliding from 89,039 stock units at US$3,845 on Tuesday, with a month to date average of 57,293 units at US$8,411, well aligned with 57,328 stock units at US$8,989 on the previous day and December that ended with an average of 75,710 units for US$4,415.
The US Denominated Equities Index declined 9.42 points to close at 238.98. 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 9.2. 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, AS Bryden remained at 22 US cents with an exchange of 78 shares, First Rock Real Estate USD share ended at 3 US cents after trading of 11 stocks, Margaritaville declined 0.5 of one cent in closing at 8 US cents after an exchange of 210 shares. Productive Business Solutions sank 15 cents to close at 85 US cents with a transfer of 10 units, Proven Investments skidded 0.8 of one cent to finish at 9 US cents, with 27,374 stock units crossing the exchange, Sterling Investments lost 0.07 of a cent to end at 1.93 US cents, with dealers switching ownership of 2,330 shares. Sygnus Credit Investments slipped 0.01 of a cent to 6.98 US cents with dealings in 1,437 stock units and Transjamaican Highway rallied 0.05 of a cent to close at 3.75 US cents in an exchange of 707,822 stocks.
In the preference segment, JMMB Group 7.5% remained at US$2 with 150 units crossing the market. JMMB Group US8.5% ended at US$1.18 with investors swapping 4 stocks, AS Bryden 6% ended at US$1 with 550 units clearing the market, Sygnus Credit Investments 8% fell 0.1 of one cent to end at US$10.00 after an exchange of 13 shares and Sygnus Credit Investments E8.5% remained at US$9.90 with investors trading 15 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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