Modest trading on the US Dollar Market of the Jamaica Stock Exchange ended on Friday, with the volume of stocks traded declining 14 percent with a 15 percent dip in value compared with Thursday. The market closed with an exchange of 11 securities, up from seven on Thursday, with prices of four rising, one declining and six ending unchanged.
The market closed with an exchange of 162,071 shares for US$8,365 after falling from 188,025 stock units at US$9,812 on Thursday.
Trading ended with an average of 14,734 shares at US$760, down from 26,861 stock units at US$1,402 on Thursday, with a month to date average of 66,284 units at US$3,721, just below the 72,190 stock units at US$4,060 on the previous day and March, with an average of 93,192 units for US$48,041.
The US Denominated Equities Index rallied 5.23 points to 262.09. 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 10.2. 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 of trading, AS Bryden ended at 22.9 US cents after a transfer of 81 shares, First Rock Real Estate USD share remained at 3 US cents with a mere one stock crossing the market, Margaritaville skidded 0.1 of one cent to 6.9 US cents following trading of 270 shares. MPC Caribbean Clean Energy remained at 30 US cents with two stock units crossing the exchange, Productive Business Solutions popped 15.45 cents and closed at US$1.18 with investors trading four units, Proven Investments advanced 0.81 of one cent to end at 7.11 US cents in an exchange of 13,924 stocks. Sterling Investments ended at 2 US cents with trading in 7,649 units, Sygnus Credit Investments rose 0.52 of one cent to 5.52 US cents with 106,369 shares changing hands and Transjamaican Highway remained at 4.2 US cents with investors dealing in 33,763 stock units.
In the preference segment, AS Bryden 6% gained 3 cents to end at US$1 after trading five shares and Productive Business Solutions 9.25% ended at US$11 with three stock units being traded.
Prices of securities trading are for the last transaction of each stock