Trading ended the month on the US Dollar Market of the Jamaica Stock Exchange on Friday, with the volume and value of stocks of trading diving 81 percent and 77 percent, respectively, compared with Thursday following an exchange of seven securities, compared with nine on Thursday with prices of three rising, one declining and three ending unchanged.
The market closed with an exchange of 351,502 shares for US$19,547 after tumbling from 1,834,949 stock units at US$84,245 on Thursday.
Trading ended with an average of 50,215 shares at US$2,792 after a fall from 203,883 stock units at US$9,361 on Thursday. Trading for the month to date averages 180,903 stock units at US$8,607 compared with 187,345 stock units at US$8,893 on the previous day and higher than for April that ended with an average of 121,441 units for US$6,732.
The US Denominated Equities Index dropped 1.59 points to conclude trading at 243.92. The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 8.2. ICInsider.com compiles the earnings per share and the PE used in this report. The P/E 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, First Rock Real Estate USD share advanced 0.38 of one cent to close at 2.88 US cents with a transfer of 199 shares,
Margaritaville ended at 5.87 US cents after an exchange of 71 stocks, Productive Business Solutions popped 2 cents to 55 US cents with trading in 2,650 shares. Proven Investments rallied 0.89 of a cent in closing at 6.9 US cents with an exchange of 64,801 stock units, Sterling Investments remained at 2 US cents following trading of 224 units, Sygnus Credit Investments ended at 6 US cents in an exchange of 14,587 shares and Transjamaican Highway slipped 0.09 of a cent to 4.51 US cents with investors trading 268,970 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.