Moderate trading on the JSE USD Market


The US Dollar Market of the Jamaica Stock Exchange slipped on Thursday, following a modest rise in the volume of stocks traded, with the value jumping 37 percent over Wednesday. Trading resulted in an exchange of eight securities, down from 10 on Wednesday, with prices of four rising, three declining and one ending unchanged.

The market closed with an exchange of 333,375 shares for US$24,183, in a climb from 325,371 stock units at US$17,596 on Wednesday.
Trading resulted in an average of 41,672 shares changing hands at US$3,023, up from 32,537 stock units at US$1,760 on Wednesday, with a month to date average of 37,968 units at US$2,200 compared with 36,909 stock units at US$1,964 on the previous day and well below February, with an average of 95,098 units for US$6,755.
The US Denominated Equities Index shed 4.97 points to end at 281.00. 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 most used measures to determine appropriate stock values, averages 10.3. The PE ratio is derived by dividing the last traded price by earnings per share. ICInsider.com compiles the earnings per share that are used in this report for companies with their financial year ending around August 2026.
At the close of the market, First Rock Real Estate USD share rose 0.3 of a cent to end at 3.2 US cents in an exchange of 10 shares, Margaritaville ended at 8.05 US cents with investors trading 10 stock units, Productive Business Solutions sank 15 cents to close at US$1 with just 5 shares passing through the market. Proven Investments increased 0.5 of one cent and ended at 8.5 US cents with investors trading 54,044 stocks, Sterling Investments slipped 0.2 of a cent to finish at 2 US cents after an exchange of 3,000 units, Sygnus Credit Investments popped 0.02 of one cent in closing at 6.02 US cents following the trading of 250 shares and Transjamaican Highway fell 0.02 of one cent to 4.75 US cents with investors dealing in 272,898 stock units.

In the preference segment, JMMB Group 7.5% gained 10 cents to end at US$2.10, with 3,158 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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