Transjamaican Highway took up 96 percent of all stocks traded on the US Dollar Market of the Jamaica Stock Exchange on Thursday, with the volume of stocks traded jumping by 47 percent with a 43 percent more value than on Wednesday. Similar to Wednesday, trading ended in an exchange of five securities, with prices of one rising, one declining and three ending unchanged.
The market closed with an exchange of 155,612 shares for US$7,815, an increase from 105,531 stock units at US$5,448 on Wednesday.
Trading ended with an average of 31,122 shares at US$1,563, up from 21,106 stock units at US$1,090 on Wednesday. Trading for the month to date averages 688,413 units at US$226,420, a decrease from 713,889 stock units at US$235,136 on the previous day, but higher than May, which ended with an average of 180,903 units for US$8,607.
The US Denominated Equities Index popped 0.93 points to close at 233.68. The Investor’s Choice bid-offer indicator shows five 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 7.4. ICInsider.com compiles the earnings per share and the PE used in this report. The PE ratio is derived by dividing the last traded price of a stock by the earnings per share for the financial year ending around August 2026.
At the close of trading, Proven Investments climbed 0.53 of a cent and ended at 6.9 US cents, with trading of 1,000 shares, Sterling Investments remained at 2 US cents with 783 stocks crossing the market, Sygnus Credit Investments slipped 0.02 of a cent to 5.98 US cents, resulting in investors trading 4,091 units. Sygnus Real Estate Finance USD share ended at 4.94 US cents with a transfer of 1,000 shares and Transjamaican Highway remained at 5 US cents with 148,738 stock units crossing the exchange.
Closing prices of stocks are those of the last transaction unless otherwise stated.