JSE USD stocks dropped on Monday


Trading dropped on the Jamaica Stock Exchange US dollar market on Monday, with the volume traded declining 71 percent, with a 57 percent lower value than on Friday, following an exchange of seven securities, compared with eight on Friday with prices of one rising, three declining and three ending unchanged.

The market closed with an exchange of 75,504 shares for US$8,352, down from 255,956 stocks at US$19,600 on Friday.
Trading averaged 10,786 shares at US$1,193, below the 31,995 stocks at US$2,450 on Friday, with a month to date average of 35,645 units at US$1,957, down from 40,763 stocks at US$2,114 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index climbed 1.10 points to 204.94. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.3. The PE ratio is calculated using the last traded price, divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, Margaritaville skidded 1.22 cents and ended at 6.93 US cents with a transfer of 20 shares, Productive Business Solutions lost 1 cent to end at US$1.18 after 26 stocks passed through the market, Sygnus Credit Investments slipped 0.49 of a cent to close at 7.11 US cents in switching ownership of 10,200 units. Sygnus Real Estate Finance USD share ended at 6 US cents, with trading of 4,500 shares and Transjamaican Highway climbed 0.08 of one cent to end at 2.4 US cents with an exchange of 55,311 stock units.
In the preference segment, JMMB Group US8.5% remained at US$1.09 after 5,440 shares crossed the market and Sygnus Credit Investments US 8% remained at US$9.75 in trading 7 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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