JSE USD market drops 20% in 2025


The Jamaica Stock Exchange US dollar market dropped nearly 5 percent on Thursday, with the US-Denominated Equities Index plunging 9.85 points to 201.08 for a loss of 20 percent for the year to date. The volume of stocks traded dropped by 89 percent, with a 43 percent lower value than on Wednesday, with an exchange of eight securities, compared with six on Wednesday, with prices of four rising, two declining and two ending unchanged.

The market closed with an exchange of 84,860 shares for US$32,196, down sharply from 782,822 stocks at US$56,379 on Wednesday.
Trading ended with an average of 10,608 shares at US$4,025 relative to 130,470 stocks at US$9,396 on Wednesday, with a month to date average of 756,389 units at US$21,765 compared with 814,882 stocks at US$23,156 on the previous day and May that ended with an average of 71,616 units for US$3,425.
The Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and two with lower offers.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with their financial year ending around August 2025.
At the close of mixed trading, AS Bryden shed 3.61 cents to finish at 16 US cents after a transfer of 8,290 shares, First Rock Real Estate USD share increased 0.46 of a cent and ended at 1.93 US cents with 11,250 stocks changing hands, Margaritaville climbed 0.2 of one cent to 8.2 US cents with an exchange of 15 units. Proven Investments popped 0.99 of a cent to close at 11.06 US cents as 20 shares crossed the market, Sygnus Credit Investments rose 0.89 of a cent to 7.89 US cents in an exchange of 1,249 stocks and Transjamaican Highway ended at 2.38 US cents with 49,325 shares clearing the market.
In the preference segment, JMMB Group 7.5% lost 3 cents to end at US$1.97 in trading 14,659 stocks and Sygnus Credit Investments E8.5% remained at US$9.48 with 52 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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