The Jamaica Stock Exchange US dollar market closed on Friday, with the volume of stocks traded nosediving 95 percent and the value 91 percent lower on Tuesday, resulting in an exchange of seven securities, compared with 11 on Tuesday with prices of two rising, one declining and four ending unchanged.
The market closed with an exchange of 32,270 shares for US$3,513 down from 598,456 stocks at US$39,389 on Tuesday. Trading averaged 4,610 shares at US$502 well below 54,405 stocks at US$3,581 on Tuesday, with a month to date average of 250,485 units at US$8,104 compared with 262,778 stocks at US$8,484 on the previous trading day and November that ended with an average of 186,934 units for US$9,182.
The US Denominated Equities Index rallied 6.77 points to conclude trading at 233.32. The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 7.1. 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, First Rock Real Estate USD share ended at 2.4 US cents with investors swapping 5,588 stock units,
Proven Investments climbed 1.78 cents to 12.88 US cents after an exchange of 6,521 stocks, Sterling Investments remained at 1.72 US cents in trading 1,742 shares. Sygnus Credit Investments ended at 7 US cents and closed, with an exchange of 4,834 stock units, Sygnus Real Estate Finance USD share remained at 5.88 US cents in switching ownership of 162 shares and Transjamaican Highway rose 0.09 of a cent in closing at 2.84 US cents with trading of 13,248 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share fell 10 cents to US$10.20 after an exchange of 175 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.