Trading jumped on the Jamaica Stock Exchange US dollar market on Tuesday, with a 375 percent surge in the volume of stocks traded rising with the value jumping 478 percent compared to Monday, resulting from an exchange of 11 securities, up from seven on Monday with prices of six rising, three declining and two ending unchanged and resulting in a big rally in the market index to close out the year with a nine percent gain.
The market closed with an exchange of 926,638 shares for US$32,454 compared to 195,047 stocks at US$5,611 on Monday. Trading averaged 84,240 shares at US$2,950 compared to 27,864 stocks at US$802 on Monday, with a month to date average of 229,957 units at US$7,451 compared with 240,366 stocks at US$7,772 on the previous day and November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index popped 21.47 points to finish at 251.88, up 9 percent for 2024. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
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, AS Bryden gained 2 cents in closing at 20 US cents with 520 stock units clearing the market, First Rock Real Estate USD share rose 0.3 of a cent to 2.4 US cents after the trading of 4,150 shares, Margaritaville remained at 6.78 US cents with 2,501 stocks crossing the exchange. Proven Investments advanced 1.74 cents and ended at 12.87 US cents with 583 units changing hands, 
Sterling Investments ended at 1.72 US cents after an exchange of 1,500 shares, Sygnus Credit Investments shed 0.01 of one cent to finish at 6.99 US cents with 2,500 units being traded. Sygnus Real Estate Finance USD share dropped 1.48 cents and ended at 4.38 US cents with traders dealing in 40,328 stocks and Transjamaican Highway popped 0.14 of one cent to 2.99 US cents in switching ownership of 874,163 stock units.
In the preference segment, JMMB Group 5.5% sank 2 cents to finish at US$2.05 with 23 shares crossing the market. Productive Business Solutions 9.25% preference share rallied 10 cents in closing at US$10.30 with an exchange of 265 units and Sygnus Credit Investments US 8% increased 10 cents to end at US$9.50, with 105 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.