Rising stocks outnumbered decliners at the close of trading on the Jamaica Stock Exchange US dollar market ended on Thursday, resulting in trading in five securities, the same as on Wednesday with prices of three rising, two declining and no ending unchanged, with a 73 percent fall in the volume of stocks exchanged with 32 percent greater value than on Wednesday.
The market closed with an exchange of 102,017 shares for US$10,991 compared with 379,029 stock units at US$8,339 on Wednesday.
Trading averaged 20,403 units at US$2,198 versus 75,806 shares at US$1,668 on Wednesday, with a month to date average of 33,999 shares at US$2,839 compared with 34,930 units at US$2,883 on the previous day and April that ended with an average of 35,401 units for US$2,453.
The US Denominated Equities Index climbed 0.98 points to settle at 237.24.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and one with a lower offer.
At the close, Productive Business Solutions advanced 7 cents to US$1.60 with an exchange of 3 shares, 
Proven Investments fell 0.01 of a cent and ended at 13.88 US cents after closing with 2,965 stocks changing hands, Sygnus Credit Investments rose 0.78 of one cent to finish at 8.48 US cents with a transfer of 5 shares and Transjamaican Highway dipped 0.08 of a cent to close at 2.03 US cents, with 98,221 stock units changing hands.
In the preference segment, Sygnus Credit Investments E8.5% rallied 39 cents to end at US$10.40 after trading of 823 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
May 16, 2024 by
