JSE USD market stocks firmed up Monday

Stocks held mostly firm at the close of the Jamaica Stock Exchange US dollar market on Monday, resulting from an exchange of six securities, up from three on Friday with prices of one declining and five ending unchanged with the volume of stocks traded rising 1,133 percent value 1,288 percent more than on Friday.
The market closed with an exchange of 1,556,001 shares for US$35,270 up from 126,158 units at US$2,541 on Friday.
Trading averaged 259,334 shares at US$5,878 compared to only 42,053 stocks at US$847 on Friday, with a month to date average of 148,002 shares at US$4,887 compared to 137,725 units at US$4,796 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index declined 2.34 points to end at 231.21.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.8. 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.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of market activity, Margaritaville ended at 10 US cents in an exchange of 120 stock units, Proven Investments remained at 10 US cents with 2,130 shares changing hands and Transjamaican Highway dipped 0.18 of a cent to close at 2.01 US cents with a transfer of 1,551,729 stocks.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.05, with 1,915 units crossing the market, Sygnus Credit Investments US 8% ended at US$10 with traders dealing in 100 shares and Sygnus Credit Investments E8.5% ended at US$10.20 in switching ownership of 7 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.