The Jamaica Stock Exchange US dollar market closed Monday, with a 202 percent jump in the volume of stocks traded with a 107 percent greater value, resulting from an exchange of nine securities, up from seven on Friday with prices of six rising, two declining and one ending unchanged.
The market closed with an exchange of 1,136,259 shares for US$40,985 compared to 376,670 stocks at US$19,813 on Friday. Trading ended with an average of 126,251 shares at US$4,554 from 53,810 stocks at US$2,830 on Friday, with a month to date average of 147,427 units at US$5,072 down from 152,075 stocks at US$5,186 on the previous day and November that ended with an average of 186,934 units for US$9,182. The US Denominated Equities Index sank 10.16 points to end the day at 230.95. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages 6.9. 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 of the market, First Rock Real Estate USD share increased 0.3 of a cent to end at 2.4 US cents in an exchange of 280 stocks, MPC Caribbean Clean Energy remained at 55 US cents with just 3 units crossing the market, Productive Business Solutions shed 27 cents to end at US$1.50 with traders dealing in 255 shares. Sterling Investments popped 0.19 of one cent to close at 1.56 US cents with 10,148 stock units switching owners, Sygnus Credit Investments rallied 0.41 of one cent and ended at 6.99 US cents after an exchange of 2,553 shares and Transjamaican Highway rose 0.06 of a cent to finish at 2.85 US cents with 1,117,540 units changing hands.
In the preference segment, JMMB Group US8.5% preference share sank 1 cent to US$1.10 and closed with the trading of 5,129 stocks, JMMB Group 5.75% climbed 2 cents to end at US$1.82 with an exchange of 31 stock units and Productive Business Solutions 9.25% preference share gained 30 cents to finish at US$10.30 with 320 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
