JSE USD stocks drop near 5%

Stocks lost nearly 5 percent of their value on the US Dollar Market of the Jamaica Stock Exchange at the close of trading on Monday, with Transjamaican Highway cornering 98 percent of the more than 1.39 shares traded. The total volume of shares traded rose 62 percent to 1,393,066 shares, after increasing from 858,377 stock units with a 46 percent increase to US$65,908, up from US$45,278 on Friday, following an exchange of seven securities, compared with nine on Friday, with prices of three rising, three declining and one ending unchanged.

Transjamaican Highway was the dominant stock traded on the JSE USD Market

The market closed with an average of 199,009 shares trading at US$9,415, up from 95,375 stocks at US$5,031 on Friday, with a month to date average of 101,400 units at US$7,178 up from 96,263 stock units at US$7,060 on the previous day and January and ended with an average of 80,722 units for US$9,110.
The US Denominated Equities Index sank 13.01 points to wrap up trading at 270.03. The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three 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 of the market, AS Bryden skidded 3.75 cents and ended at 21.25 US cents with investors swapping 81 shares, Margaritaville remained at 8.05 US cents in an exchange of 1,068 stock units, Proven Investments advanced 0.6 of one cent to close at 8.6 US cents with investors dealing in 8,355 units. Sterling Investments popped 0.27 of one cent to end at a 52 weeks high of 2.47 US cents after trading 15,804 shares, Sygnus Credit Investments gained 0.19 of one cent to end at 6.69 US cents with 2,300 stock units passing through the market, Sygnus Real Estate Finance USD share slipped 0.93 of one cent in closing at 5.27 US cents as investors exchanged 142 shares and Transjamaican Highway fell 0.29 of one cent to 4.5 US cents with 1,365,316 units clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.