JSE USD Market slips into month end


The Jamaica Stock Exchange US dollar market closed on Monday, with the volume of stocks traded rising 111 percent with a 3 percent lower value than on Friday, resulting in an exchange of eight securities, up from six on Friday, with prices of three rising, two declining and three ending unchanged.

The market closed with an exchange of 815,187 shares for US$28,912 compared to 386,163 stocks at US$29,928 on Friday.
Trading averaged 101,898 shares at US$3,614 compared to 64,361 stocks at US$4,988 on Friday, with a month to date average of 92,288 units at US$8,588 compared with 91,761 stocks at US$8,860 on the previous day and February that ended with an average of 115,433 units for US$5,430.
The US Denominated Equities Index dipped 2.10 points to 224.84. The Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 11.6. 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 sank 0.45 of one cent to end at 19.54 US cents as investors exchanged 11,665 shares after the price hit an intraday 52 weeks’ low of 16.01 cents, Margaritaville declined 0.5 of a cent to 9 US cents with 10 shares clearing the market, Proven Investments rallied 0.9 of a cent to finish at 10 US cents with investors swapping 96,767 stocks. Sterling Investments popped 0.09 of one cent and ended at 1.96 US cents in an exchange of 236,848 shares, Sygnus Credit Investments ended at 7 US cents with traders dealing in 247 stock units, Sygnus Real Estate Finance USD share remained at 7.94 US cents and closed with an exchange of 2,568 shares and Transjamaican Highway gained 0.12 of one cent to 2.7 US cents in trading 466,874 stocks.

In the preference segment, JMMB Group US8.5% preference share remained at US$1.03 after an exchange of 208 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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