JSE US Dollar market loses ground


The Jamaica Stock Exchange US dollar market ended Tuesday, with an 87 percent drop in the volume of stocks traded falling having a 73 percent lower value than on Monday, resulting in an exchange of 10 securities, similar to trading on Monday with prices of seven rising and three ending unchanged.

The market closed with an exchange of 133,100 shares for US$8,966 down sharply from 1,016,484 stocks at US$33,512 on Monday. Trading averaged 13,310 shares at US$897 compared to 101,648 stock units at US$3,351 on Monday, with a month to date average of 62,245 shares at US$3,234 moderately lower than 68,949 stock units at US$3,554 on the previous day and December that ended with an average of 229,957 stocks for US$7,451.
The US Denominated Equities Index increased by 2.29 points to conclude trading at 235.36. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best-known measures used to determine appropriate stock values, averages 7.1. 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 of trading, Margaritaville ended at 8 US cents with 1 share crossing the exchange, Productive Business Solutions remained at US$1.45 after a transfer of 35 stock units, Proven Investments gained 0.6 of a cent in closing at 11.75 US cents with investors trading 1,106 stocks. Sygnus Credit Investments popped 0.6 of one cent to end at 6.9 US cents after an exchange of 1,494 stock units, Sygnus Real Estate Finance USD share ended at 5.9 US cents in trading 101 stocks and Transjamaican Highway climbed 0.12 of one cent to close at 2.79 US cents with 129,794 units crossing the market.

In the preference segment, JMMB Group US8.5% preference share rose 10.7 cents to US$1.137 with a transfer of 66 shares, Productive Business Solutions 9.25% preference share advanced 20 cents to close at US$10.80 after the trading of 54 stock units, Sygnus Credit Investments US 8% increased 57.8 cents to end at US$9.98 with 11 shares switching owners and Sygnus Credit Investments E8.5% rallied 9 cents in closing at US$9.80 with investors dealing in 438 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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