Trading of stock in the US Dollar Market of the Jamaica Stock Exchange closed on Tuesday, with the volume of stocks traded declining 48 percent with a 318 percent increase in value compared to Monday. The market closed, with an exchange of 10 securities, compared with six on Monday with prices of one rising, three declining and six ending unchanged, resulting in a bounce for the market index.
The market closed with an exchange of 179,979 shares for US$64,295 compared to 344,911 stock units at US$15,373 on Monday.
Trading ended with an average of 17,998 shares at US$6,429 compared with 57,485 stock units at US$2,562 on Monday, with a month to date average of 129,673 units at US$6,583 compared with 136,972 stock units at US$6,593 on the previous day and March that ended with an average of 93,192 units for US$48,041.
The US Denominated Equities Index climbed 4.16 points to close trading at 270.21. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
The PE Ratio, one of the most used measures to determine appropriate stock values, averages 10.4. 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, First Rock Real Estate USD share slipped 0.01 of one cent to end at 2.99 US cents, with 775 shares crossing the exchange, Proven Investments skidded 0.69 of one cent to 6.01 US cents with a transfer of 6,301 stocks, Sygnus Real Estate Finance USD share remained at 5.25 US cents, with 420 shares passing through the market and Transjamaican Highway gained 0.05 of a cent to close 4.4 US cents in switching ownership of 160,960 stock units.
In the preference share segment, JMMB Group 7.5% ended at US$2, with 5,484 units changing hands, JMMB Group US8.5% remained at US$1.10 in trading 1,636 shares. AS Bryden 6% ended at US$1, after 15 units passed through the market, Productive Business Solutions 9.25% lost US$1 to close at US$10 in an exchange of 3,314 stocks, Sygnus Credit Investments 8% ended at US$10 with investors dealing in 1,069 stock units and Sygnus Credit Investments E8.5% remained at US$10 after an exchange of 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.