Just gains no losses for JSE USD Market


The Jamaica Stock Exchange US dollar market closed on Friday, with a 134 percent surge in the volume of stocks traded with an 18 percent lower value than on Thursday, resulting from an exchange of five securities, compared with six on Thursday with prices of two rising, none declining and three ending unchanged.

The market closed with an exchange of 694,093 shares for US$93,230 compared to 297,049 stocks at US$114,196 on Thursday.
Trading averaged 138,819 shares at US$18,646 compared with 49,508 stocks at US$19,033 on Thursday, with a month to date average of 73,323 units at US$6,909 up from 67,954 stocks at US$5,947 on the previous day compared to February that ended with an average of 115,433 units for US$5,430.
The US Denominated Equities Index sank 4.15 points to cease trading at 235.05. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 11.4. 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, Proven Investments ended at 11 US cents with investors trading 471 stock units, Sygnus Credit Investments remained at 7 US cents with 21,091 shares crossing the market and Transjamaican Highway rallied 0.04 of a cent to finish at 2.49 US cents in trading 634,186 units.

In the preference segment, JMMB Group 7.5% preferred share ended at US$2.01 after an exchange of 38,333 stocks and Sygnus Credit Investments US 8% increased 84.99 cents to end at US$9.40 with investors dealing in 12 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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