Gains for JSE USD Market


The Jamaica Stock Exchange US dollar market closed higher on Thursday, with the US Denominated Equities Index rising 4.31 points to 201.93, following an exchange of seven securities, down from four on Wednesday, with prices of three rising, one declining and three ending unchanged, with volume of stocks traded rising 85 percent with a 78 percent lower value than on Wednesday.

The market closed with an exchange of 161,171 shares for US$16,786 compared to 86,887 stocks with a value of US$76,965 on Wednesday.
Trading ended with an average of 23,024 shares at US$2,398 compared with 21,722 stocks at US$19,241 on Wednesday, with a month to date average of 591,678 units at US$18,002, close with the 621,164 stocks at US$18,811 on the prior day, compared to May that ended with an average of 71,616 units for US$3,425.
The Investor’s Choice bid-offer indicator shows no stock with a bid higher than the last selling price and three with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.3. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden ended at 16 US cents, with 333 shares changing hands, First Rock Real Estate USD share remained at 1.93 US cents with an exchange of 8,000 stock units, Proven Investments advanced 0.46 of one cent in closing at 11.06 US cents and closed with 116,647 shares changing hands. Sterling Investments rose 0.46 of one cent to finish at 2.1 US cents in an exchange of 13,752 stocks, Sygnus Real Estate Finance USD share slipped 0.5 of a cent and ended at 6.5 US cents after trading of 55 units and Transjamaican Highway rallied 0.14 of a cent to end at 2.4 US cents after 19,668 stocks passed through the market.

In the preference segment, JMMB Group US8.5% ended at US$1.10 after an exchange of 2,716 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com