The Jamaica Stock Exchange US dollar market closed on Tuesday, following the National Heroes holiday break, with a 59 percent rise in the volume of stocks traded, with a 41 percent greater value than on Friday, resulting in an exchange of nine securities, up from seven on Friday with prices of two rising, four declining and three ending unchanged.
The market closed with an exchange of 138,842 shares for US$7,128 compared to 87,247 stocks at $5,061 on Friday.
Trading ended with an average of 15,427 shares at US$792, up from 12,464 stocks at US$723 on Friday, with a month to date average of 39,681 stock units at US$3,387, compared with 41,647 stocks at US$3,597 on the previous day and September, with an average of 127,542 units for US$6,557.
The US Denominated Equities Index dipped 0.55 points to conclude trading at 193.82. The Investor’s Choice bid-offer indicator shows three 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 9.1. 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 2026.
At the close of a moderate trading session, Margaritaville slipped 1 cent to finish at 7 US cents with investors trading 10 shares, MPC Caribbean Clean Energy gained 4.48 cents and ended at 49.32 US cents, with 227 stock units clearing the market, Productive Business Solutions dipped 3 cents to 70 US cents with traders dealing in 6 shares. Proven Investments lost 0.5 of one cent in closing at 9.5 US cents as investors exchanged 30,758 units, Sterling Investments ended at 2 US cents in trading 191 stocks, Sygnus Credit Investments remained at 7.78 US cents after a transfer of 20,255 units. Sygnus Real Estate Finance USD share popped 0.01 of one cent to 6.39 US cents, with investors trading 2 shares and Transjamaican Highway dipped 0.01 of a cent to finish at 2.68 US cents in an exchange of 87,392 stocks.
In the preference segment, AS Bryden remained at US$1, with just 1 stock unit crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.