The US Dollar Market of the Jamaica Stock Exchange closed on Wednesday, with the volume of stocks traded jumping 321 percent with 74 percent more value than on Tuesday, resulting in an exchange of nine securities, compared with 10 on Tuesday, with prices of two rising, two declining and five ending unchanged.
The market closed with an exchange of 1,011,492 shares for US$123,047 compared to 179,979 stock units at US$64,295 on Tuesday.
Trading ended with an average of 112,388 shares at US$13,672 compared to 17,998 stock units at US$6,429 on Tuesday. Trading for the month to date ends with an average of 128,769 units at US$6,954, compared to 129,673 stock units at US$6,583 on the previous day and March, with an average of 93,192 units for US$48,041.
The US Denominated Equities Index sank 5.96 points to conclude trading at 264.25. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.2. 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, AS Bryden declined 2.9 cents to close at 20 US cents with a transfer of 12 shares, First Rock Real Estate USD share ended at 2.99 US cents, with 1,226 stocks changing hands, Proven Investments rallied 0.99 of a cent and ended at 7 US cents in an exchange of 23,950 stock units. Sterling Investments remained at 2 US cents, after closing with an exchange of 2,868 shares, Sygnus Credit Investments ended at 6 US cents with investors dealing in 342,572 stock units and Transjamaican Highway rose 0.11 of one cent to end at 4.51 US cents, with 633,729 shares crossing the market.
In the preference share segment, JMMB Group 7.5% ended at US$2 with investors swapping 81 units, AS Bryden 6% sank 2 cents and ended at 98 US cents with an exchange of just two stocks and Productive Business Solutions 9.25% remained at US$10, with 7,052 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.