The US Dollar Market of the Jamaica Stock Exchange dipped on Monday, reversing gains made on Friday, with the volume of stocks traded rising 38 percent and the value climbing 29 percent more than on Friday. Trading resulted in an exchange of six securities, down from 11 on Friday, with prices of two rising, one declining and three ending unchanged.
The market closed with an exchange of 224,230 shares for US$10,779 compared to 162,071 stock units at US$8,365 on Friday.
Trading ended with an average of 37,372 shares at US$1,797 after jumping from only 14,734 stock units at US$760 on Friday, with a month to date average of 64,749 units at US$3,619, after sliding from 66,284 stock units at US$3,721 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index lost 3.59 points to cease trading at 258.48. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.3. 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 trading, Productive Business Solutions popped 5.55 cents in closing at US$1.24 with just seven shares crossing the market, Proven Investments slipped 0.13 of a cent to end at 6.98 US cents with trading of 2,819 stock units, Sterling Investments ended trading at 2 US cents following an exchange of 2,001 shares. Sygnus Credit Investments rallied 0.48 of one cent to close at 6 US cents with an exchange of 10,666 stock units and Transjamaican Highway ended at 4.2 US cents with 208,634 units passing through the market.
In the preference segment, Productive Business Solutions 9.25% ended at US$11 with investors trading 103 stocks.
Prices of securities trading are the last transaction of each stock unless otherwise stated.