The New Year started with gains on the US Dollar Market of the Jamaica Stock Exchange on Friday, with a 90 percent fall in the volume of stocks traded at a 92 percent lower value than on Wednesday, resulting from an exchange of nine securities, compared with 11 on Wednesday, with prices of four rising, two declining and three ending unchanged.
The market closed with an exchange of 202,981 shares for US$8,951 compared to 2,016,016 stock units at US$116,202 on Wednesday.
Trading ended with an average of 22,553 shares at US$995, compared to 183,274 stock units at US$10,564 on Wednesday. This compares to December, with an average of 75,710 units for US$4,415.
The US Denominated Equities Index rose 1.92 points to close trading at 214.09. 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 8.8. 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 day, First Rock Real Estate USD share remained at 3 US cents in s of 791 shares changing hands, Margaritaville fell 0.3 of a cent in closing at 6.5 US cents, with 2,976 stocks crossing the market, Productive Business Solutions ended at US$1 in an exchange of 6 shares. Proven Investments slipped 0.01 of a cent to finish at 9.98 US cents after trading 24,950 stock units, Sterling Investments rose 0.01 of a cent and ended at 2 US cents after investors exchanged 20 units and Transjamaican Highway popped 0.16 of a cent to close at 3.16 US cents, after 173,714 stock units passed through the market.
In the preference segment, JMMB Group US8.5% rallied 12 cents to US$1.17 with 500 units changing hands, Productive Business Solutions 9.25% increased 60.01 cents in closing at 52 weeks high of US$11.50 after an exchange of just 4 shares and Sygnus Credit Investments 8% ended at US$10.02 with investors swapping 20 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.