The US Dollar Market of the Jamaica Stock Exchange closed higher on Friday, with rising outnumbering those declining four to one, following a fall in the volume and value of stocks traded and resulting in an exchange of seven securities, down from eight on Thursday, with prices of four rising, one declining and two ending unchanged.
The market closed with an 11 percent decline in volume and a 46 percent decline in the value of stocks traded compared with Thursday, resulting in trading in 1,555,322 shares for US$57,633 after falling from 1,737,956 stock units at US$106,511 on Thursday.
Trading ended with an average of 222,189 shares at US$8,233, marginally increasing from 217,245 stock units at US$13,314 on Thursday, with a month to date average of 65,543 units at US$3,064, climbing from 55,296 stock units at US$2,726 on the previous day and November that ended with an average of 36,788 units for US$2,343.
The US Denominated Equities Index popped 1.28 points to end at 205.03. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 8.5. 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 the market, First Rock Real Estate USD share rallied 0.32 of one cent to close at 2.48 US cents after a transfer of 150 shares, Margaritaville ended at 6.8 US cents with trading in 1,000 stock units, Productive Business Solutions gained 15 cents and ended at 95 US cents with an exchange of 45 shares. Proven Investments climbed 0.96 of a cent to finish at 9 US cents with 200,558 units clearing the market, Sterling Investments remained at 1.99 US cents in trading 5,201 stock units, Sygnus Credit Investments popped 0.56 of a cent to end at 6.56 US cents with 2,080 shares passing through the market and Transjamaican Highway fell 0.18 of one cent to 2.91 US cents in an exchange of 1,346,288 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.