JSE US Dollar Market slips from peak


The US Dollar Market of the Jamaica Stock Exchange closed on Friday, with the volume of stocks traded declining 90 percent with a 99 percent lower value than on Thursday, following an exchange of 10 securities, compared with eight on Thursday, with prices of three rising, three declining and four ending unchanged.

The market closed with an exchange of 771,156 shares for US$43,569, down from a massive 8,117,402 stock units at US$7,853,389 on Thursday.
Trading ended with an average of 77,116 shares at US$4,357 compared to 1,014,675 stock units at US$981,674 on Thursday. Trading for the month to date ended with an average of 143,135 units at US$92,509, down from 151,599 stock units at US$103,811 on the previous day and February that ended with an average of 95,098 units for US$6,755.
The US Denominated Equities Index sank 1.80 points to 287.37. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 11. 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 trading activities, Margaritaville advanced 1.15 cents to finish at 8.05 US cents after an exchange of 300 shares, Productive Business Solutions ended at US$1.24 after the trading of a mere one stock unit, Proven Investments dipped 0.11 of one cent to 8 US cents after an exchange of 175,906 shares. Sterling Investments remained at 2.2 US cents with investors trading just two units, Sygnus Credit Investments popped 0.48 of a cent to end at 6.5 US cents in an exchange of 7,114 stock units, Sygnus Real Estate Finance USD share fell 1.98 cents to close trading of 457,759 shares at 4.5 US cents and Transjamaican Highway slipped 0.05 of a cent to 4.57 US cents as investors exchanged 129,343 stock units.
In the preference segment, JMMB Group 7.5% remained at US$2.01 after 595 units were traded, AS Bryden 6% ended at US$1, with 16 stocks clearing the market and Sygnus Credit Investments 8% increased by 75 cents to US$10.25 in an exchange of 120 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com